Exhibit77(q)(1)(e)(2) November 30, 2005 Ms. Alyce Shaw Directed Services, Inc. 1475 Dunwoody Drive West Chester, PA 19380 Dear Ms. Shaw: Pursuant to the Investment Management Agreement dated April 29, 2005 between ING Investors Trust and Directed...
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FUNDS
Exhibit77(q)(1)(e)(2)
November 30, 2005
Xx. Xxxxx Xxxx
Directed Services, Inc.
0000 Xxxxxxxx Xxxxx
Xxxx Xxxxxxx, XX 00000
Dear Xx. Xxxx:
Pursuant to the Investment Management Agreement dated April 29, 2005
between ING Investors Trust and Directed Services, Inc. (the "Agreement") we
hereby notify you of our intention to retain you as Manager to render investment
advisory services to ING FMRSM Small Cap Equity Portfolio, effective May 1, 2006
and ING Xxxxx Fargo Small Cap Disciplined Portfolio, effective November 30, 2005
(the "Portfolios").
Upon your acceptance, the Agreement will be modified to give effect to
the foregoing by adding the new Portfolios to the Amended Schedule A of the
Agreement. The Amended Schedule A, with the annual investment management fees
indicated for the Portfolios, is attached hereto.
Please signify your acceptance to act as Manager under the Agreement
with respect to the Portfolios by signing below.
Very sincerely,
/s/ Xxxxxx X. Xxxx
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Xxxxxx X. Xxxx
Senior Vice President
ING Investors Trust
ACCEPTED AND AGREED TO:
Directed Services, Inc.
By: /s/ Xxxxx Xxxx
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Name: Xxxxx Xxxx
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Title: Vice President, Duly Authorized
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0000 X. Xxxxxxxxxx Xxxxx Xx. Tel:000-000-0000 ING Investors Trust
Scottsdale, AZ 00000-0000 Fax:000-000-0000
xxx.xxxxxxxx.xxx
AMENDED SCHEDULE A
with respect to the
INVESTMENT MANAGEMENT AGREEMENT
between
ING INVESTORS TRUST
and
DIRECTED SERVICES, INC.
Series Annual Investment Management Fee
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(as a percentage of average daily net assets)
ING FMR(SM) Earnings Growth Portfolio 0.590% on first $500 million;
0.570% on next $250 million; and
0.520% on assets over $750 million
ING FMR(SM) Small Cap Equity Portfolio 0.750%
ING JPMorgan Value Opportunities Portfolio 0.400% on first $21 billion;
0.390% on next $5 billion; and
0.380% on assets over $26 billion
ING Xxxxxxx International Opportunities Portfolio 0.540% on first $21 billion; and
0.530% on assets over $21 billion
ING MFS Utilities Portfolio 0.600% on first $1 billion;
0.550% on next $500 million;
0.500$ on next $5 billion;
0.470% on next $5 billion;
0.450% on next $5 billion;
0.440% on next $5 billion; and
0.430% on assets over $21.5 billion
ING Xxxxx Fargo Small Cap Disciplined Portfolio 0.77% on first $500 million;
0.70% on next $500 million;
0.65% on next $500 million;
0.60% on next $5 billion; and
0.53% on assets over $6.5 billion
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