MANAGEMENT FEE WAIVER AGREEMENT
Exhibit (h)(155)
MANAGEMENT FEE WAIVER AGREEMENT
June 9, 2022
Janus Investment Fund (the “Trust”)
000 Xxxxxxx Xxxxxx
Xxxxxx, Xxxxxxxx 00000
Ladies and Gentlemen:
As you know, Section 5 of our Investment Advisory Agreement provides for compensation payable to Xxxxx Xxxxxxxxx Investors US LLC (the “Adviser”). With respect to Xxxxx Xxxxxxxxx U.S. Managed Volatility Fund (the “Fund”),1 this letter (the “Agreement”) is to inform you that the Adviser will waive a portion of its management fee in an amount of five basis points (0.05%) for at least the period of two years, effective upon the transition to the Adviser as the sole manager for the Fund, which is expected to occur on or about June 10, 2022.
Notwithstanding the above, this Agreement shall not modify the Adviser’s obligations under the expense limitation letter agreement between the Trust and the Adviser on behalf of the Fund dated September 16, 2021.
For the avoidance of doubt, the Adviser may not recover from the Fund amounts previously waived pursuant to this Agreement.
This waiver will continue for the period set forth above, unless otherwise terminated, revised or extended by the Trustees of the Trust. This waiver may be terminated at any time by the Trustees of the Trust and may be amended only if such amendment is approved by the Trustees of the Trust.
| XXXXX XXXXXXXXX INVESTORS US LLC | JANUS INVESTMENT FUND | |
| By: /s/ Xxxxxxx Xxxxxx | By: /s/ Xxxxxx Xxxxxxxx | |
| Xxxxxxx Xxxxxx Senior Vice President, Chief Accounting Officer and Treasurer |
Xxxxxx Xxxxxxxx Vice President, Chief Financial Officer, Treasurer and Principal Accounting Officer | |
1 Effective on or about June 10, 2022, the Fund will change its name to Xxxxx Xxxxxxxxx Adaptive Risk Managed U.S. Equity Fund.
| Xxxxx Xxxxxxxxx Investors
000 Xxxxxxx Xx, Xxxxxx, XX 00000
T x0(000) 000 0000 F x0(000) 000 0000
W xxxxxxxxxxxxxx.xxx |
