to Amended and Restated Investment Sub-Advisory Agreement Between Jackson National Asset Management, LLC and M&G Investment Management Limited
EX 99.28(d)(20)(iii)
Amendment
to Amended and Restated
Investment Sub-Advisory Agreement Between
Xxxxxxx National Asset Management, LLC
and M&G Investment Management Limited
This Amendment is made by and between Xxxxxxx National Asset Management, LLC, a Michigan limited liability company and registered investment adviser (“Adviser”), and M&G Investment Management Limited, a company registered in England and Wales (“Sub-Adviser”).
Whereas, the Adviser and the Sub-Adviser entered into an Amended and Restated Investment Sub-Advisory Agreement effective as of the 1st day of December, 2012, (“Agreement”), whereby the Adviser appointed the Sub-Adviser to provide certain sub-investment advisory services to certain investment portfolios of JNL Series Trust.
Whereas, pursuant to a merger of the JNL/M&G Global Leaders Fund into another fund, the Adviser and the Sub-Adviser have agreed to amend Schedule A and Schedule B of the Agreement to remove the JNL/M&G Global Leaders Fund.
Now Therefore, in consideration of the mutual covenants herein contained, the parties hereby agree to amend the Agreement as follows:
1.
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Schedule A to the Agreement is hereby deleted and replaced in its entirety with Schedule A dated September 16, 2013, 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 September 16, 2013, 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 12th day of July 2013, effective September 16, 2013.
Xxxxxxx National Asset Management, LLC |
M&G Investment Management Limited
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By:
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/s/ Xxxx X. Xxxxx
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By:
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/s/ Xxxx Xxxxxx | |
Name: | Xxxx X. Xxxxx |
Name:
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Xxxx Xxxxxx | |
Title: | President and CEO |
Title:
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CEO, Equities |
Schedule A
Dated September 16, 2013
Funds
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JNL/M&G Global Basics Fund
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A-1
Schedule B
Dated September 16, 2013
(Compensation)
JNL/M&G Global Basics Fund
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Average Daily Net Assets
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Annual Rate
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$0 to $500 Million
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0.50%
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Amounts over $500 Million
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0.45%
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B-1