AMENDMENT NO. 1 TO INVESTMENT SUBADVISORY AGREEMENT
AMENDMENT NO. 1 TO INVESTMENT SUBADVISORY AGREEMENT
This Amendment (“Amendment”) to the Agreement (defined below), is effective as of , 2015, by and among Vantagepoint Investment Advisers, LLC, a Delaware limited liability company (“Client”), Wellington Management Company LLP, a Delaware limited liability partnership (“Subadviser”), and The Vantagepoint Funds, a Delaware statutory trust.
WHEREAS, the Client, Subadviser and The Vantagepoint Funds entered into an Investment Subadvisory Agreement effective as of October 26, 2007, with respect to the Vantagepoint Discovery Fund, a series of The Vantagepoint Funds (the “Agreement”);
WHEREAS, the Client, Subadviser and The Vantagepoint Funds desire to amend the Agreement as set forth below.
NOW, THEREFORE, in consideration of the mutual covenants herein set forth, the parties hereto agree as follows:
1. | Schedule A, Fee Schedule shall be replaced in its entirety with the schedule attached to this Amendment. |
2. | All other provisions of the Agreement remain in full force and effect. |
3. | Unless otherwise defined in this Amendment, all terms used in this Amendment shall have the same meaning given to them in the Agreement. |
4. | This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. |
IN WITNESS WHEREOF, THE PARTIES HERETO EXECUTE THIS AGREEMENT:
THE VANTAGEPOINT FUNDS, on behalf of the Vantagepoint Discovery Fund
By: | /s/ Xxxxxx Xxxxxx | |
Xxxxxx Xxxxxx, Secretary | ||
Date: | 9/18/2015 |
Approved by: | :/s/ Xxxxx Xxxxxx | |
Xxxxx Xxxxxx, Chief Investment Officer and ManagerVantagepoint Investment Advisers, LLC | ||
Date: 9/18/2015 |
VANTAGEPOINT INVESTMENT ADVISERS, LLC |
By: | /s/ Xxxxxx Xxxxxx | |
Xxxxxx Xxxxxx, Secretary | ||
Date: 9/18/2015 |
Approved by: | :/s/ Xxxxx Xxxxxx | |
Xxxxx Xxxxxx, Chief Investment Officer and Manager Vantagepoint Investment Advisers, LLC | ||
Date: 9/18/2015 |
WELLINGTON MANAGEMENT COMPANY LLP |
By: | /s/ | |
Title: Senior Managing Director | ||
Date: 9/22/2015 |
Schedule A
VANTAGEPOINT INVESTMENT ADVISERS, LLC
Fee Schedule
For
Wellington Management Company, LLP
Vantagepoint Discovery Fund
The Subadviser’s quarterly fee shall be calculated based on the average daily net asset value of the assets under the Subadviser’s management as provided by the Client or Custodian, at Client’s discretion, based on the following annual rate.
First $250 million |
0.55 percent | |||
Over $250 million |
0.50 percent |