Common use of Lifecycle Portfolios Clause in Contracts

Lifecycle Portfolios. The Adviser voluntarily agrees to waive its advisory fee for each Lifecycle Portfolio (each a “Fund”) so that the aggregate advisory fee retained by the Adviser with respect to both the Fund and its underlying investments (after payment of subadvisory fees) does not exceed 0.51% of the Fund’s first $7.5 billion of average annual net assets and 0.50% of the Fund’s average annual net assets in excess of $7.5

Appears in 14 contracts

Samples: John Hancock Variable Insurance Trust, ________________________________________________________________________ (John Hancock Funds II), Advisory Agreement (John Hancock Funds II)

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Lifecycle Portfolios. The Adviser voluntarily agrees to waive its advisory fee for each Lifecycle Portfolio (each a “Fund”) so that the aggregate advisory fee retained by the Adviser with respect to both the Fund and its underlying investments (after payment of subadvisory fees) does not exceed 0.51% of the Fund’s first $7.5 billion of average annual daily net assets and 0.50% of the Fund’s average annual daily net assets in excess of $7.5

Appears in 7 contracts

Samples: John Hancock Variable Insurance Trust, John Hancock Variable Insurance Trust, John Hancock Variable Insurance Trust

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