AMENDMENT TO
INVESTMENT ADVISORY AND MANAGEMENT AGREEMENT BETWEEN
CURIAN VARIABLE SERIES TRUST AND CURIAN CAPITAL, LLC
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This AMENDMENT is made by and between CURIAN VARIABLE SERIES TRUST, a
Massachusetts business trust ("Trust"), and CURIAN CAPITAL, LLC, a Michigan
limited liability company ("Adviser").
WHEREAS, the Trust and the Adviser are parties to an Investment Advisory
and Management Agreement dated December 19, 2011 ("Agreement"), whereby the
Adviser agreed to serve as the investment adviser and business manager for the
Funds of the Trust.
WHEREAS, the parties have agreed to amend Schedule A and Schedule B of the
Agreement to add the following new Funds ("New Funds") and to amend the names of
the following Funds ("Fund Name Changes"), and to add each New Fund's respective
fee schedule:
NEW FUNDS (EFFECTIVE APRIL 29, 2013)
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1) Curian Guidance - Interest Rate Opportunities Fund;
2) Curian Guidance - Multi-Strategy Income Fund;
3) Curian Guidance - Growth Fund;
4) Curian Guidance - Institutional Alt 100 Conservative Fund;
5) Curian Guidance - Institutional Alt 100 Growth Fund;
6) Curian Guidance - International Opportunities Conservative Fund;
7) Curian Guidance - International Opportunities Moderate Fund;
8) Curian Guidance - International Opportunities Growth Fund;
9) Curian Guidance - Real Assets Fund;
10) Curian/Aberdeen Latin America Fund;
11) Curian/Xxxxxxx Emerging Market Small Cap Equity Fund;
12) Curian/Baring International Fixed Income Fund;
13) Curian/BlackRock Global Long Short Credit Fund;
14) Curian/Xxxxx Xxxxx Global Macro Absolute Return Advantage Fund;
15) Curian/Lazard International Strategic Equity Fund;
16) Curian Long Short Credit Fund;
17) Curian/Xxxxxxxx Emerging Europe Fund;
18) Curian/UBS Global Long Short Income Opportunities Fund; and
19) Curian/Urdang International REIT Fund.
FUND NAME CHANGES (EFFECTIVE APRIL 29, 2013)
--------------------------------------------
1) FROM: Curian Guidance - Maximize Income Fund
TO: Curian Guidance - Conservative Fund;
2) FROM: Curian Guidance - Balanced Income Fund
TO: Curian Guidance - Moderate Fund;
3) FROM: Curian Guidance - Rising Income Fund
TO: Curian Guidance - Equity Income Fund;
4) FROM: Curian Guidance - Institutional Alt 100 Fund
TO: Curian Guidance - Institutional Alt 100 Moderate Fund; and
5) FROM: Curian Dynamic Risk Advantage - Aggressive Fund
TO: Curian Dynamic Risk Advantage - Growth Fund.
NOW, THEREFORE, the parties hereto agree to amend the Agreement as
follows:
1. Schedule A to the Agreement is hereby deleted and replaced in its
entirety with Schedule A attached hereto.
2. Schedule B to the Agreement is hereby deleted and replaced in its
entirety with Schedule B attached hereto.
3. Except as specifically amended hereby, the Agreement shall remain in
full force and effect in accordance with its terms.
IN WITNESS WHEREOF, the Adviser and the Trust have caused this Amendment
to be executed as of February 12, 2013, effective as of April 29, 2013. This
Amendment may be executed in two or more counterparts, which together shall
constitute one document.
CURIAN VARIABLE SERIES TRUST CURIAN CAPITAL, LLC
By: /s/ Xxxxx X. Xxxxxxxx By: /s/ Xxxxxxx X. Xxxx
----------------------------------- ----------------------------------
Name: Xxxxx X. Xxxxxxxx Name: Xxxxxxx X. Xxxx
--------------------------------- --------------------------------
Title: Assistant Secretary Title: President and Chief Executive
-------------------------------- Officer
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PAGE 2 OF 2
SCHEDULE A
DATED: APRIL 29, 2013
(List of Funds)
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FUNDS
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Curian Guidance - Interest Rate Opportunities Fund
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Curian Guidance - Multi-Strategy Income Fund
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Curian Guidance - Equity Income Fund
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Curian Guidance - Conservative Fund
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Curian Guidance - Moderate Fund
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Curian Guidance - Growth Fund
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Curian Guidance - Moderate Growth Fund
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Curian Guidance - Maximum Growth Fund
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Curian Guidance - Tactical Moderate Growth Fund
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Curian Guidance - Tactical Maximum Growth Fund
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Curian Guidance - Institutional Alt 65 Fund
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Curian Guidance - Institutional Alt 100 Conservative Fund
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Curian Guidance - Institutional Alt 100 Moderate Fund
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Curian Guidance - Institutional Alt 100 Growth Fund
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Curian Guidance - International Opportunities Conservative Fund
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Curian Guidance - International Opportunities Moderate Fund
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Curian Guidance - International Opportunities Growth Fund
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Curian Guidance - Equity 100 Fund
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Curian Guidance - Fixed Income 100 Fund
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Curian Tactical Advantage 35 Fund
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Curian Tactical Advantage 60 Fund
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Curian Tactical Advantage 75 Fund
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Curian Dynamic Risk Advantage - Diversified Fund
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Curian Dynamic Risk Advantage - Growth Fund
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Curian Dynamic Risk Advantage - Income Fund
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Curian Guidance - Real Assets Fund
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Curian/Aberdeen Latin America Fund
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Curian/American Funds(R) Growth Fund
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Curian/AQR Risk Parity Fund
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Curian/Xxxxxxx Emerging Market Small Cap Equity Fund
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Curian/Baring International Fixed Income Fund
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Curian/BlackRock Global Long Short Credit Fund
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Curian/DFA U.S. Micro Cap Fund
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Curian/Xxxxx Xxxxx Global Macro Absolute Return Advantage Fund
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Curian/Epoch Global Shareholder Yield Fund
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Curian/FAMCO Flex Core Covered Call Fund
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Curian/Franklin Xxxxxxxxx Frontier Markets Fund
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Curian/Franklin Xxxxxxxxx Natural Resources Fund
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Curian/Invesco Balanced-Risk Commodities Strategy Fund
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Curian/Lazard International Strategic Equity Fund
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Curian Long Short Credit Fund
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Curian/Xxxxxxxxx Xxxxxx Currency Fund
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Curian/Xxxxxxxx Convertible Arbitrage Fund
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Curian/PIMCO Credit Income Fund
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Curian/PineBridge Merger Arbitrage Fund
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Curian/Xxxxxxxx Emerging Europe Fund
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Curian/The Boston Company Equity Income Fund
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Curian/The Boston Company Multi-Alpha Market Neutral Equity Fund
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A-1
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Curian/UBS Global Long Short Income Opportunities Fund
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Curian/Urdang International REIT Fund
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Curian/Xxx Xxx International Gold Fund
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A-2
SCHEDULE B
DATED: APRIL 29, 2013
(Compensation)
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FUND ASSETS ADVISORY FEE
(ANNUAL RATE BASED
ON AVERAGE NET
ASSETS
OF THE FUND)
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Curian Guidance - Interest Rate Opportunities Fund All Assets .20%
--------------------------------------------------------------------------------------------------------
Curian Guidance - Multi-Strategy Income Fund All Assets .20%
--------------------------------------------------------------------------------------------------------
Curian Guidance - Equity Income Fund All Assets .20%
--------------------------------------------------------------------------------------------------------
Curian Guidance - Conservative Fund All Assets .20%
--------------------------------------------------------------------------------------------------------
Curian Guidance - Moderate Fund All Assets .20%
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Curian Guidance - Growth Fund All Assets .20%
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Curian Guidance - Moderate Growth Fund All Assets .20%
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Curian Guidance - Maximum Growth Fund All Assets .20%
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Curian Guidance - Tactical Moderate Growth Fund All Assets .20%
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Curian Guidance - Tactical Maximum Growth Fund All Assets .20%
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Curian Guidance - Institutional Alt 65 Fund All Assets .20%
--------------------------------------------------------------------------------------------------------
Curian Guidance - Institutional Alt 100 Conservative Fund All Assets .20%
--------------------------------------------------------------------------------------------------------
Curian Guidance - Institutional Alt 100 Moderate Fund All Assets .20%
--------------------------------------------------------------------------------------------------------
Curian Guidance - Institutional Alt 100 Growth Fund All Assets .20%
--------------------------------------------------------------------------------------------------------
Curian Guidance - International Opportunities Conservative Fund All Assets .20%
--------------------------------------------------------------------------------------------------------
Curian Guidance - International Opportunities Moderate Fund All Assets .20%
--------------------------------------------------------------------------------------------------------
Curian Guidance - International Opportunities Growth Fund All Assets .20%
--------------------------------------------------------------------------------------------------------
Curian Guidance - Equity 100 Fund All Assets .20%
--------------------------------------------------------------------------------------------------------
Curian Guidance - Fixed Income 100 Fund All Assets .20%
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Curian Tactical Advantage 35 Fund $0 to $1 billion .75%
Over $1 billion .70%
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Curian Tactical Advantage 60 Fund $0 to $1 billion .75%
Over $1 billion .70%
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Curian Tactical Advantage 75 Fund $0 to $1 billion .75%
Over $1 billion .70%
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Curian Dynamic Risk Advantage - Diversified Fund $0 to $1 billion .95%
Over $1 billion .90%
--------------------------------------------------------------------------------------------------------
Curian Dynamic Risk Advantage - Growth Fund $0 to $1 billion .95%
Over $1 billion .90%
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Curian Dynamic Risk Advantage - Income Fund $0 to $1 billion .95%
Over $1 billion .90%
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Curian Guidance - Real Assets Fund All Assets .20%
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Curian/Aberdeen Latin America Fund $0 to $1 billion 1.35%
Over $1 billion 1.30%
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Curian/American Funds(R) Growth Fund $0 to $1 billion .85%
Over $1 billion .80%
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Curian/AQR Risk Parity Fund $0 to $1 billion .85%
Over $1 billion .80%
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Curian/Xxxxxxx Emerging Market Small Cap Equity Fund $0 to $1 billion 1.10%
Over $1 billion 1.05%
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Curian/Baring International Fixed Income Fund $0 to $1 billion .60%
Over $1 billion .55%
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Curian/BlackRock Global Long Short Credit Fund $0 to $1 billion .95%
Over $1 billion .90%
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B-1
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FUND ASSETS ADVISORY FEE
(ANNUAL RATE BASED
ON AVERAGE NET
ASSETS
OF THE FUND)
--------------------------------------------------------------------------------------------------------
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Curian/DFA U.S. Micro Cap Fund $0 to $1 billion .80%
Over $1 billion .75%
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Curian/Xxxxx Xxxxx Global Macro Absolute Return Advantage Fund $0 to $1 billion .95%
Over $1 billion .90%
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Curian/Epoch Global Shareholder Yield Fund $0 to $1 billion .70%
Over $1 billion .65%
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Curian/FAMCO Covered Call Fund $0 to $1 billion .60%
Over $1 billion .55%
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Curian/Franklin Xxxxxxxxx Frontier Markets Fund $0 to $1 billion 1.40%
Over $1 billion 1.35%
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Curian/Franklin Xxxxxxxxx Natural Resources Fund $0 to $1 billion .80%
Over $1 billion .75%
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Curian/Invesco Balanced-Risk Commodities Strategy Fund $0 to $1 billion .75%
Over $1 billion .70%
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Curian/Lazard International Strategic Equity Fund $0 to $1 billion .80%
Over $1 billion .75%
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Curian Long Short Credit Fund $0 to $1 billion .95%
Over $1 billion .90%
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Curian/Xxxxxxxxx Xxxxxx Currency Fund $0 to $1 billion .70%
Over $1 billion .65%
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Curian/Xxxxxxxx Convertible Arbitrage Fund $0 to $1 billion .85%
Over $1 billion .80%
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Curian/PIMCO Credit Income Fund $0 to $1 billion .50%
Over $1 billion .45%
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Curian/PineBridge Merger Arbitrage Fund $0 to $1 billion .85%
Over $1 billion .80%
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Curian/Xxxxxxxx Emerging Europe Fund $0 to $1 billion 1.10%
Over $1 billion 1.05%
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Curian/The Boston Company Equity Income Fund $0 to $1 billion .55%
Over $1 billion .50%
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Curian/The Boston Company Multi-Alpha Market Neutral Equity Fund $0 to $1 billion .90%
Over $1 billion .85%
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Curian/UBS Global Long Short Income Opportunities Fund $0 to $1 billion .95%
Over $1 billion .90%
--------------------------------------------------------------------------------------------------------
Curian/Urdang International REIT Fund $0 to $1 billion .80%
Over $1 billion .75%
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Curian/Xxx Xxx International Gold Fund $0 to $1 billion .80%
Over $1 billion .75%
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B-2
