AMENDMENT TO INVESTMENT ADVISORY AGREEMENT
This amendment to the Investment Advisory Agreement (this
"Agreement"), dated as of April 15, 2015, by and between IndexIQ
Active ETF Trust, a Delaware trust (the "Trust"), on behalf of
the funds listed on Appendix A, each a series of shares of the
Trust (each, a "Fund" and, collectively, "Funds"), and IndexIQ
Advisors LLC, a Delaware limited liability company (the
"Advisor") is entered into pursuant Section 8 of the Agreement
and is effective as of August 22, 2017.
WHEREAS, the Advisor and the Trust desire to amend the
Agreement in order to reflect the appointment of the Advisor
with respect to additional exchange-traded funds (the "Funds")
issued by the Trust;
NOW, THEREFORE, in consideration of the mutual covenants
herein contained and effective upon the commencement of
operation of each of the Funds, Appendix A of the Agreement is
hereby amended and restated in the form of Appendix A attached
hereto.
This Amendment, the Agreement, and the attachments to the
Agreement constitute the entire agreement between the parties
and supersede all prior agreements and understandings between
them relating to the subject matter hereof. No modification of
the Agreement or this Amendment should be binding on either
party unless it is in writing and signed on behalf of each party
by a duly authorized representative. This Amendment may be
executed in counterparts, each of which shall be deemed to be an
original and each of which, taken together, shall be deemed to
constitute one and the same instrument.
IN WITNESS WHEREOF, the parties hereto have caused this
Amendment to be executed by their duly authorized officers
effective as of the date set forth above.
INDEXIQ ACTIVE ETF TRUST
By: /s/ Xxxx X. Xxxxx
Name: Xxxx X. Xxxxx
Title: Chairman
INDEXIQ ADVISORS LLC
By: /s/ Xxxxx X. Xxxxx
Name: Xxxxx X. Xxxxx
Title: President
Appendix A
Fund Fee Rate (% of the average daily net assets)
IQ Long/Short Alpha ETF 0.95%
IQ Bear U.S. Large Cap ETF 0.95%
IQ Bear U.S. Small Cap ETF 0.95%
IQ Bear International ETF 0.95%
IQ Bear Emerging Markets ETF 0.95%
IQ Bull U.S. Large Cap ETF 0.95%
IQ Bull U.S. Small Cap ETF 0.95%
IQ Bull International ETF 0.95%
IQ Bull Emerging Markets ETF 0.95%
IQ MacKay Xxxxxxx Municipal Insured ETF 0.40%
IQ MacKay Xxxxxxx Municipal Intermediate ETF 0.40%
IQ MacKay Xxxxxxx Municipal Short Duration ETF 0.30%
