EX-99.23(d)(76)
AMENDMENT
TO
INVESTMENT SUB-ADVISORY AGREEMENT
BETWEEN
XXXXXXX NATIONAL ASSET MANAGEMENT, LLC
AND
WELLINGTON MANAGEMENT COMPANY, LLP
This AMENDMENT is made by and between XXXXXXX NATIONAL ASSET MANAGEMENT,
LLC, a Michigan limited liability company and registered investment adviser
("Adviser"), and WELLINGTON MANAGEMENT COMPANY, LLP, a Massachusetts limited
liability partnership and registered investment adviser ("Sub-Adviser").
WHEREAS, the Adviser and Sub-Adviser entered into an Investment
Sub-Advisory Agreement dated as of May 3, 2004 ("Agreement"), whereby Adviser
appointed Sub-Adviser to provide certain sub-investment advisory services to the
investment portfolios of the JNL Series Trust; and
WHEREAS, pursuant to the Agreement, the Adviser agreed to pay the
Sub-Adviser for the services provided and the expenses assumed by the
Sub-Adviser a sub-advisory fee as set forth on Schedule B to the Agreement, and
the Sub-Adviser agreed to accept such sub-advisory fee as full compensation
under the Agreement for such services and expenses; and
NOW THEREFORE, in consideration of the mutual covenants herein contained,
the parties hereby agree to amend the Agreement as follows:
1. Schedule A to the Agreement is hereby deleted and replaced in its
entirety with Schedule A dated October 4, 2004, attached hereto.
2. Schedule B to the Agreement is hereby deleted and replaced in its
entirety with Schedule B dated October 4, 2004, attached hereto.
IN WITNESS WHEREOF, the Adviser and the Sub-Adviser have caused this
Amendment to be executed as of this 4th day of October, 2004.
XXXXXXX NATIONAL ASSET WELLINGTON MANAGEMENT
MANAGEMENT, LLC COMPANY, LLP
By: By:
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Name: XXXXXX X. XXXXXXX Name:
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Title: PRESIDENT Title:
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SCHEDULE A
DATED OCTOBER 4, 2004
(Funds)
JNL/Select Balanced Fund
JNL/Select Large Cap Growth Fund
JNL/Select Global Growth Fund
JNL/Select Money Market Fund
JNL/Select Value Fund
SCHEDULE B
DATED OCTOBER 4, 2004
(Compensation)
JNL/SELECT BALANCED FUND
AVERAGE DAILY NET ASSETS ANNUAL RATE
$0 to $200 Million: .27%
$200 to $400 Million: .25%
Over $400 Million: .23%
JNL/SELECT LARGE CAP GROWTH FUND
AVERAGE DAILY NET ASSETS ANNUAL RATE
$0 to $100 Million: .45%
$100 to $450 Million: .40%
Over $450 Million: .35%
JNL/SELECT GLOBAL GROWTH FUND
AVERAGE DAILY NET ASSETS ANNUAL RATE
$0 to $100 Million: .50%
$100 to $450 Million: .40%
Over $450 Million: .35%
JNL/SELECT MONEY MARKET FUND
AVERAGE DAILY NET ASSETS ANNUAL RATE
$0 to $500 Million: .075%
Over $500 Million: .02%
JNL/SELECT VALUE FUND
AVERAGE DAILY NET ASSETS ANNUAL RATE
$0 to $50 Million: .40%
Over $50 Million: .30%