JOHN HANCOCK TRUST John Hancock Asset Management a division of Manulife Asset Management (North America) Limited (formerly, MFC Global Investment Management (U.S.A.) Limited)
XXXX XXXXXXX TRUST
Xxxx Xxxxxxx Asset Management
a division of Manulife Asset Management (North America) Limited
(formerly, MFC Global Investment Management (U.S.A.) Limited)
a division of Manulife Asset Management (North America) Limited
(formerly, MFC Global Investment Management (U.S.A.) Limited)
AMENDMENT made as of this 25th day of March, 2011 to the Subadvisory Agreement dated May
1, 2003, as amended (the “Amendment”), between Xxxx Xxxxxxx Investment Management Services, LLC , a
Delaware limited liability company (the “Adviser”), and Xxxx Xxxxxxx Asset Management a division of
Manulife Asset Management (North America) Limited, a Canadian corporation (the “Subadviser”). In
consideration of the mutual covenants contained herein, the parties agree as follows:
1. | CHANGE IN APPENDIX A | |
Appendix A of the Agreement, “Compensation of Subadviser”, is hereby amended and restated to: |
a. | To add the subadvisory fee for the following Portfolios: |
i. | Lifestyle Growth PS Series | ||
ii. | Lifestyle Moderate PS Series | ||
iii. | Lifestyle Balanced PS Series | ||
iv. | Lifestyle Conservative PS Series (collectively, “Lifestyle PS Series”) |
2. | EFFECTIVE DATE |
This Amendment shall become effective on the later to occur of: (i) approval of the Amendment
by the Board of Trustees of Xxxx Xxxxxxx Trust (the “Trust”) and (ii) execution of the Amendment.
(THE REMAINDER OF THIS SPACE HAS BEEN INTENTIONALLY LEFT BLANK)
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed under seal by
their duly authorized officers as of the date first mentioned above.
Xxxx Xxxxxxx Investment Management Services, LLC | ||||
By: |
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Name: | ||||
Title: | ||||
Xxxx Xxxxxxx Asset Management a division of Manulife Asset Management (North America) Limited |
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By: |
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Name: | ||||
Title: |
APPENDIX A
The Subadviser shall serve as investment subadviser for each Portfolio of the Trust listed
below and shall manage the portion of each Portfolio’s assets assigned to it from time to time by
the Adviser. The Adviser will pay the Subadviser, as full compensation for all services provided
under this Agreement with respect to each Portfolio, the fee computed separately for such Portfolio
at an annual rate as follows (the “Subadviser Fee”):
Portfolio | All Asset Levels | |||
American Fundamental Holdings Trust |
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American Global Diversification Trust |
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Core Balanced Strategy Trust |
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Core Diversified Growth & Income Trust |
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Core Fundamental Holdings Trust |
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Core Global Diversification Trust |
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Core Strategy Trust |
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Lifestyle Trusts |
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Lifecycle Portfolios |
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Lifestyle PS Series |
Excess Over | ||||||||
First $500 Million | $500 Million of | |||||||
Portfolio | of Aggregate Net Assets* | Aggregate Net Assets* | ||||||
500 Index Trust |
0.020 | % | 0.010 | % | ||||
Excess Over | ||||||||
Portfolio | First $500 Million | $500 Million | ||||||
500 Index Trust B |
Next $250 Million | Excess Over | |||||||||||
First $250 Million | of Aggregate Net | $500 Million of | ||||||||||
Portfolio | of Aggregate Net Assets* | Assets* | Aggregate Net Assets* | |||||||||
Mid Cap Index Trust |
Excess Over | ||||||||
First $500 Million | $500 Million of | |||||||
Portfolio | of Aggregate Net Assets* | Aggregate Net Assets* | ||||||
Money Market Trust |
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Excess Over | ||||||||
Portfolio | First $500 Million | $500 Million | ||||||
Money Market Trust B |
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Excess Over | ||||||||
First $2.5 billion | $2.5 billion of | |||||||
Portfolio | of Aggregate Net Assets* | Aggregate Net Assets* | ||||||
Optimized All Cap Trust |
Next $500 Million | Excess Over | |||||||||||
First $500 Million | of Aggregate Net | $1 Billion of | ||||||||||
Portfolio | of Aggregate Net Assets* | Assets* | Aggregate Net Assets* | |||||||||
Optimized Value Trust |
Next $250 Million | Excess Over | |||||||||||
First $250 Million | of Aggregate Net | $500 Million of | ||||||||||
Portfolio | of Aggregate Net Assets* | Assets* | Aggregate Net Assets* | |||||||||
Small Cap Index Trust |
Next $250 Million | Excess Over | |||||||||||
First $250 Million | of Aggregate Net | $500 Million of | ||||||||||
Portfolio | of Aggregate Net Assets* | Assets* | Aggregate Net Assets* | |||||||||
Smaller Company Growth Trust |
Next $250 Million | Excess Over | |||||||||||
First $250 Million | of Aggregate Net | $500 Million of | ||||||||||
Portfolio | of Aggregate Net Assets* | Assets* | Aggregate Net Assets* | |||||||||
Total Stock Market Index Trust |
Excess Over | ||||||||
First $500 Million | $500 Million of | |||||||
Portfolio | of Aggregate Net Assets* | Aggregate Net Assets* | ||||||
International Index Trust |
* | The term Aggregate Net Assets includes the portion of the net assets of a Portfolio of the Trust managed by the Subadviser. It also includes with respect to each Portfolio the portion(s) of the net assets of one or more other portfolios managed by the Subadviser as indicated below, but in each case only for the period during which the Subadviser for the Portfolio also serves as the subadviser for the other portfolio(s). For purposes of determining Aggregate Net Assets and calculating the Subadviser Fee, the net assets of the Portfolio and each other portfolio of the Trust are determined as of the close of business on the previous business day of the Trust, and the net assets of each portfolio of each other fund are determined as of the close of business on the previous business day of that fund. |
Trust Portfolio(s) | Other Portfolio(s) | |
500 Index Trust |
Index 500 Fund, a series of Xxxx Xxxxxxx Funds II | |
500 Index Trust B |
N/A | |
Active Bond Trust |
N/A | |
American Fundamental Holdings Trust |
N/A | |
American Global Diversification Trust |
N/A | |
Core Diversified Growth & Income Trust |
N/A | |
Lifecycle Portfolios |
N/A | |
Lifestyle Trusts |
N/A | |
Lifestyle PS Series |
N/A | |
Mid Cap Index Trust |
Mid Cap Index, a series of Xxxx Xxxxxxx Funds II | |
Money Market Trust |
Money Market Fund, a series of Xxxx Xxxxxxx Funds II | |
Money Market Trust B |
N/A | |
Pacific Rim Trust |
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Optimized All Cap Trust |
Optimized All Cap Fund, a series of Xxxx Xxxxxxx Funds II | |
Optimized Value Trust |
Optimized Value Fund, a series of Xxxx Xxxxxxx Funds II | |
Small Cap Index Trust |
Small Cap Index Fund, a series of Xxxx Xxxxxxx Funds II | |
Small Cap Intrinsic Value Trust |
N/A | |
Total Stock Market Index Trust |
Total Stock Market Index Fund, a series of Xxxx Xxxxxxx Funds II | |
Smaller Company Growth Trust |
Smaller Company Growth Fund, a series of Xxxx Xxxxxxx Funds II |
Trust Portfolio(s) | Other Portfolio(s) | |
Core Balanced Strategy Trust |
Not Applicable | |
Core Fundamental Holdings Trust |
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Core Global Diversification Trust |
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Core Strategy Trust |
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International Index Trust |
The Subadviser Fee for a Portfolio shall be based on the applicable annual fee rate for
the Portfolio which for each day shall be equal to the quotient of (i) the sum of the amounts
determined by applying the annual percentage rates in the table to the applicable portions of
Aggregate Net Assets divided by (ii) Aggregate Net Assets (the “Applicable Annual Fee Rate”). The
Subadviser Fee for each Portfolio shall be accrued for each calendar day, and the sum of the daily
fee accruals shall be paid monthly to the Subadviser within 30 calendar days of the end of each
month. The daily fee accruals will be computed by multiplying the fraction of one over the number
of calendar days in the year by the Applicable Annual Fee Rate, and multiplying this product by the
portion of the net assets of the Portfolio managed by the Subadviser. The Adviser shall provide
Subadviser with such information as Subadviser may reasonably request supporting the calculation of
the fees paid to it hereunder. Fees shall be paid either by wire transfer or check, as directed by
Subadviser.
If, with respect to any Portfolio, this Agreement becomes effective or terminates,
or if the manner of determining the Applicable Annual Fee Rate changes, before the end of any
month, the fee (if any) for the period from the effective date to the end of such month or from the
beginning of such month to the date of termination or from the beginning of such month to the date
such change, as the case may be, shall be prorated according to the proportion which such period
bears to the full month in which such effectiveness or termination or change occurs.