(d)(27)
AMENDMENT TO SUBADVISORY CONSULTING AGREEMENT
DEUTSCHE ASSET MANAGEMENT, INC.
AMENDMENT made as of this ___ day of ____ 2004 to the Subadvisory
Consulting Agreement dated November 23, 2002 (the "Agreement"), between MFC
Global Investment Management (U.S.A.) Limited, (the "Subadviser") and Deutsche
Asset Management, Inc. In consideration of the mutual covenants contained
herein, the parties agree as follows:
1. CHANGE IN APPENDIX A
Appendix A of the Agreement, "Compensation of Subadviser," is hereby
amended:
a. to add the subadvisory fee for the following ten portfolios (each a
"Portfolio"):
LIFESTYLE AGGRESSIVE 1000 - I TRUST
LIFESTYLE GROWTH 820 - I TRUST
LIFESTYLE BALANCED 640 - I TRUST
LIFESTYLE MODERATE 460 - I TRUST
LIFESTYLE CONSERVATIVE 280 - I TRUST
LIFESTYLE AGGRESSIVE 1000 - II TRUST
LIFESTYLE GROWTH 820 - II TRUST
LIFESTYLE BALANCED 640 - II TRUST
LIFESTYLE MODERATE 460 - II TRUST
LIFESTYLE CONSERVATIVE 280 - II TRUST
2. EFECTIVE DATE
This Amendment shall become effective with respect to each portfolio on
the later to occur of: (i) approval of the Amendment by the Board of Trustees of
Manufacturers Investment Trust and (ii) execution of the Amendment.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed under seal by their duly authorized officers as of the date first
mentioned above.
MANUFACTURERS SECURITIES SERVICES, LLC
By: The Manufacturers Life Insurance Company (U.S.A.), its managing member
By:_____________________________________________
Xxxxx X. Xxxxxxxxx, Executive Vice President,
Secretary and General Counsel
MFC GLOBAL INVESTMENT MANAGEMENT (U.S.A.) LIMITED
By:___________________________
Xxx Xxxxx, President
APPENDIX A
The Subadviser will pay XxXX, as full compensation for all services
provided under this Agreement a subadvisory consulting fee for each Lifestyle
Trust at an annual rate as follows:
FIRST EXCESS OVER
PORTFOLIOS $100 MILLION $100 MILLION
Lifestyle Aggressive 1000 Trust I......... .075% .050%
Lifestyle Growth 820 Trust I.............. .075% .050%
Lifestyle Balanced 640 Trust I............ .075% .050%
Lifestyle Moderate 460 Trust I............ .075% .050%
Lifestyle Conservative 280 Trust I........ .075% .050%
Lifestyle Aggressive 1000 Trust II........ .075% .050%
Lifestyle Growth 820 Trust II............. .075% .050%
Lifestyle Balanced 640 Trust II........... .075% .050%
Lifestyle Moderate 460 Trust II........... .075% .050%
Lifestyle Conservative 280 Trust II....... .075% .050%
The subadvisory consulting fee for each Lifestyle Trust is accrued for
each calendar day and the sum of the daily fee accruals will be paid monthly to
XxXX. The daily fee accruals will be computed by multiplying the fraction of one
over the number of calendar days in the year by the applicable annual rate
described in the preceding paragraph, and multiplying this product by the net
assets of the applicable Lifestyle Trust as determined in accordance with the
Trust's prospectus and statement of additional information as of the close of
business on the previous business day on which the Trust was open for business.
If this Agreement becomes effective or terminates before the end of any
month, the fee (if any) for the period from the effective date to the end of
such month or from the beginning of such month to the date of termination, as
the case may be, will be prorated according to the proportion which such period
bears to the full month in which such effectiveness or termination occurs.
