Amendment to Investment Sub-Advisory Agreement Between Jackson national Asset Management, LLC and Capital Guardian Trust Company
EX-99.23(d)(185)
Amendment
to
Investment Sub-Advisory Agreement
Between
Xxxxxxx national Asset Management, LLC
and
Capital Guardian Trust Company
This Amendment is made by and between Xxxxxxx National Asset Management, LLC, a Michigan limited liability company and registered investment adviser (“Adviser”), and Capital Guardian Trust Company, a California corporation and registered investment adviser (“Sub-Adviser”).
Whereas, the Adviser and Sub-Adviser entered into an Investment Sub-Advisory Agreement dated as of December 3, 2007 (as amended, the “Agreement”), whereby Adviser appointed Sub-Adviser to provide certain sub-investment advisory services to certain investment portfolios of the JNL Series Trust; and
Whereas, pursuant to the Agreement, the Adviser agreed to pay the Sub-Adviser for the services provided and the expenses assumed by the Sub-Adviser a sub-advisory fee as set forth on Schedule B to the Agreement, and the Sub-Adviser agreed to accept such sub-advisory fee as full compensation under the Agreement for such services and expenses; and
Whereas, the Adviser has replaced Capital Guardian Trust Company as Sub-Adviser to the JNL/Capital Guardian International Small Cap Fund (“Fund”); and
Whereas, in order to reflect the above-referenced replacement, Schedule A and Schedule B must be amended to remove the Fund from the Agreement.
Now Therefore, in consideration of the mutual covenants herein contained, the parties hereby agree to amend the Agreement as follows:
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1.
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Schedule A to the Agreement is hereby deleted and replaced in its entirety with Schedule A dated May 1, 2010, attached hereto.
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2.
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Schedule B to the Agreement is hereby deleted and replaced in its entirety with Schedule B dated May 1, 2010, attached hereto.
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In Witness Whereof, the Adviser and the Sub-Adviser have caused this Amendment to be executed as of this 1st day of May, 2010.
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Xxxxxxx National Asset Management, LLC
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Capital Guardian Trust Company
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By: /s/ Xxxx X. Xxxxx
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By: /s/ Xxxxx X. Xxxx
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Name: Xxxx X. Xxxxx
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Name: Xxxxx X. Xxxx
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Title: President
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Title: Vice President
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Schedule A
Dated May 1, 2010
(Funds)
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JNL/Capital Guardian U.S. Growth Equity Fund
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JNL/Capital Guardian Global Diversified Research Fund
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JNL/Capital Guardian Global Balanced Fund
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Schedule B
Dated May 1, 2010
(Compensation)
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JNL/Capital Guardian U.S. Growth Equity Fund
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Average Daily Net Assets
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Annual Rate
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$0 to $100 Million:
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.40%
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$100 to $600 Million:
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.34%
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Over $600 Million:
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.32%
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JNL/Capital Guardian Global Diversified Research Fund
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Average Daily Net Assets
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Annual Rate
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$0 to $125 Million:
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.60%
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$125 to $250 Million:
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.50%
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$250 to $400 Million:
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.45%
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Over $400 Million:
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.40%
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JNL/Capital Guardian Global Balanced Fund
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Average Daily Net Assets
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Annual Rate
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$0 to $600 Million:
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.50%
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Over $600 Million:
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.475%
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