Clayton Street Trust General Expense Limitation AgreementLimitation Agreement • April 30th, 2021 • Clayton Street Trust
Clayton Street Trust Expense Limitation Agreement (Affiliated Funds)Limitation Agreement • April 30th, 2021 • Clayton Street Trust
As you know, Section 5 of our Investment Advisory Agreement provides for compensation payable to Janus Capital Management LLC (“JCM”) with respect to Protective Life Dynamic Allocation Series—Conservative Portfolio, Moderate Portfolio and Growth Portfolio (each a “Fund”). This letter is to inform you that JCM will waive and/or reimburse to the Funds a portion of its management fee in an amount equal to a portion of the management fee it earns as investment adviser to affiliated exchange traded funds (“ETFs”) in which a Fund invests (if any), for at least the period from May 1, 2021 until May 1, 2022, set forth as follows:
