Amendment No. 5 to Transfer Agency Interactive Client Services Agreement
Amendment No. 5 to Transfer Agency Interactive Client Services Agreement
This Amendment No. 5, dated as of December 8, 2011 (“Effective Date”), to the Transfer Agency Interactive Client Services Agreement (this “Amendment”), by and between AQR Funds, a Delaware statutory trust established under the laws of the State of Delaware (the “Fund”), and ALPS Fund Services, Inc., a Colorado corporation (the “ALPS”).
WHEREAS, the Fund and ALPS entered into a Transfer Agency Interactive Client Services Agreement, dated as of December 8, 2008, as amended and as in effect prior to giving effect to this Amendment (the “Agreement”); and
WHEREAS, the Fund and ALPS wish to amend the provisions of the Agreement.
NOW, THEREFORE, the parties hereby agree to amend the Agreement as follows:
1. Upon the Effective Date, the parties agree to delete APPENDIX A – LIST OF PORTFOLIOS of the Agreement in its entirety and replace it with a new APPENDIX A – LIST OF PORTFOLIOS attached hereto and incorporated by reference herein.
2. Upon the Effective Date, the parties agree to delete APPENDIX D – TA WEB/IVR FEE SCHEDULE of the Agreement in its entirety and replace it with a new APPENDIX D – TA WEB/IVR FEE SCHEDULE attached hereto and incorporated by reference herein.
3. Except as specifically set forth herein, all other provisions of the Agreement shall remain in full force and effect. Any items not defined in this Amendment shall have the meanings ascribed to them in the Agreement.
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IN WITNESS WHEREOF, the parties have executed this Amendment as of the day and year first above written.
| AQR FUNDS | ALPS FUND SERVICES, INC. | |||||||
| By: | /s/ Xxxxxx XxxXxxx | By: | /s/ Xxxxxx X. May | |||||
| Name: | Xxxxxx XxxXxxx | Name: | Xxxxxx X. May | |||||
| Title: | Vice President | Title: | President | |||||
APPENDIX A
LIST OF PORTFOLIOS
| FUND | CLASSES OFFERED | |
| AQR Momentum Fund |
Class L | |
| AQR Small Cap Momentum Fund |
Class L | |
| AQR International Momentum Fund |
Class L | |
| AQR Global Equity Fund |
Class N Class I Class Y | |
| AQR International Equity Fund |
Class N Class I Class Y | |
| AQR International Small Cap Fund |
Class N Class I Class Y | |
| AQR Emerging Markets Fund |
Class N Class I Class Y | |
| AQR Equity Plus Fund |
Class N Class I | |
| AQR Small Cap Core Fund |
Class N Class I | |
| AQR Small Cap Growth Fund |
Class N Class I | |
| AQR Diversified Arbitrage Fund |
Class N Class I | |
| AQR Managed Futures Strategy Fund |
Class N Class I | |
| AQR Risk Parity Fund |
Class N Class I | |
| AQR Multi-Strategy Alternative Fund |
Class N | |
| AQR Tax-Managed Momentum Fund |
Class I Class L | |
| AQR Tax-Managed Small Cap Momentum Fund |
Class L | |
| AQR Tax-Managed International Momentum Fund |
Class L | |
APPENDIX D
TA WEB/IVR FEE SCHEDULE
| TA Web | ||||||
| Initial Fees |
||||||
| Setup (for Basic or Basic Plus)1 | None | |||||
| Monthly Fees |
||||||
| Basic | None | |||||
| Basic Plus2 | None | |||||
| Customization Fees3 |
||||||
| Functional | Current Hourly Rate | $150 | ||||
| Graphical | Current Hourly Rate | $150 | ||||
| TA IVR |
||||||
| Initial Fees |
||||||
| Setup (for Inquiry Only or Transaction Capability) |
None | |||||
| Monthly Fees |
||||||
| Inquiry Only | Included in TA Web fees | |||||
| Transaction Capability | Not applicable | |||||
| Customization Fees4 |
||||||
| Call Flow Changes | Current Hourly Rate | $260 | ||||
1 Basic and Basic Plus packages include simple user interface with the fund group logo at the top of each page. Authorized Shareholders are able to place purchases, redemptions and exchanges via the website. They are also entitled to view account balances, transaction history and historical fund prices.
2 Basic Plus includes the e-Delivery functionality.
3 Any graphical or functional modifications beyond what is offered in the basic package and after the initial customization of the Investment Company’s Web Site will be billed at an hourly rate based on the specifications given by the Trust.
4 Any modification that involves adding or modifying standard call flow features will be defined and built separately based on the then current hourly rate.
In addition to the fees set forth above, the Fund shall pay ALPS reasonable out-of-pocket expenses and advances associated with providing the services pursuant to this Agreement.
