EX-99.(D)(1)(A) 4 v413342_ex99-d1a.htm AMENDMENT TO THE AMENDED AND RESTATED MGMT AGMT

 

Exhibit d 1 a

 

MainSTay Funds Trust

 

AMENDMENT TO THE AMENDED AND RESTATED MANAGEMENT AGREEMENT

 

This Amendment to the Amended and Restated Management Agreement is hereby made as of the 18th day of June, 2015, between the MainStay Funds Trust, a Delaware statutory trust (the “Trust”), on behalf of its series as set forth on Schedule A (each, a “Fund,” and collectively, the “Funds”) and New York Life Investment Management LLC, a Delaware limited liability company (the “Manager”).

 

WHEREAS, the Trust and the Manager are parties to the Amended and Restated Management Agreement, dated February 27, 2015, as amended (the “Agreement”); and

 

WHEREAS, the Trust and the Manager hereby wish to amend Schedule A of the Agreement to reflect the addition of MainStay Absolute Return Multi-Strategy Fund.

 

NOW, THEREFORE, the parties agree as follows:

 

(i)Schedule A is hereby amended by deleting it in its entirety and replacing it with the Schedule attached hereto.

 

[The Remainder Of This Page Has Been Left Blank Intentionally.]

 

 
 

 

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their duly authorized officers and attested as of the date first written above.

 

NEW YORK LIFE INVESTMENT MANAGEMENT LLC

 

Attest: /s/ Thomas Lynch   By: /s/ Yie-Hsin Hung
Name: Thomas Lynch   Name: Yie-Hsin Hung
Title:   Director and Associate General Counsel   Title: Chief Executive Officer

 

MAINSTAY FUNDS TRUST

 

Attest: /s/ Thomas Lynch   By: /s/ Stephen P. Fisher
Name: Thomas Lynch   Name: Stephen P. Fisher
Title:   Assistant Secretary   Title: President

 

 
 

 

SCHEDULE A

 

(As of June 18, 2015)

 

For all services rendered by the Manager hereunder, each Fund of the Trust shall pay the Manager and the Manager agrees to accept as full compensation for all services rendered hereunder, an annual fee equal to the following:

 

FUND ANNUAL RATE AS A PERCENTAGE OF
DAILY NET ASSETS
MainStay Absolute Return Multi-Strategy Fund 1.25% on all assets*
MainStay Balanced Fund 0.70% up to $1 billion;
0.65% from $1 billion to $2 billion; and
0.60% in excess of $2 billion
MainStay California Tax Free Opportunities Fund 0.50% on all assets
MainStay Conservative Allocation Fund 0.00%**
MainStay Cornerstone Growth Fund

0.70% up to $500 million;

0.675% from $500 million to $1 billion; and

0.65% in excess of $1 billion

MainStay Cushing MLP Premier Fund 1.10% on all assets
MainStay Cushing Renaissance Advantage Fund 1.25% on all assets
MainStay Cushing Royalty Energy Income Fund 1.35% on all assets
MainStay Emerging Markets Opportunities Fund 1.10% on all assets
MainStay Epoch Global Choice Fund 1.00% on all assets
MainStay Epoch Global Equity Yield Fund 0.70% on all assets
MainStay Epoch International Small Cap Fund 1.10% on all assets
MainStay Epoch U.S. All Cap Fund

0.85% up to $500 million;

0.825% $500 million to $1 billion; and

0.80% in excess of $1 billion

MainStay Epoch U.S. Equity Yield Fund

0.80% up to $500 million; and

0.79% in excess of $500 million

 

 
 

 

FUND ANNUAL RATE AS A PERCENTAGE OF
DAILY NET ASSETS
MainStay Floating Rate Fund

0.60% up to $1 billion;

0.575% from $1 billion to $3 billion; and

0.565% in excess of $3 billion

MainStay Growth Allocation Fund 0.00%**
MainStay High Yield Municipal Bond Fund

0.55% up to $1 billion;

0.54% from $1 billion to $3 billion; and

0.53% in excess of $3 billion

MainStay High Yield Opportunities Fund

0.80% up to $3 billion; and

0.775% in excess of $3 billion

MainStay ICAP Equity Fund

0.80% up to $5 billion;

0.775% from $5 billion to $7.5 billion; and

0.75% in excess of $7.5 billion

MainStay ICAP Global Fund

0.80% up to $5 billion;

0.775% from $5 billion to $7.5 billion; and

0.75% in excess of $7.5 billion

MainStay ICAP International Fund

0.80% up to $5 billion;

0.775% from $5 billion to $7.5 billion; and

0.75% in excess of $7.5 billion

MainStay ICAP Select Equity Fund

0.80% up to $5 billion;

0.775% from $5 billion to $7.5 billion; and

0.75% in excess of $7.5 billion

MainStay Indexed Bond Fund

0.25% up to $1 billion; and

0.20% in excess of $1 billion

MainStay International Opportunities Fund 1.10% on all assets
MainStay Marketfield Fund

1.40% up to $7.5 billion;

1.38% from $7.5 billion to $15 billion; and

1.36% in excess of $15 billion

MainStay Moderate Allocation Fund 0.00%**
MainStay Moderate Growth Allocation Fund 0.00%**
MainStay New York Tax Free Opportunities Fund 0.50% on all assets

 

 
 

 

FUND ANNUAL RATE AS A PERCENTAGE OF
DAILY NET ASSETS
MainStay Retirement 2010 Fund 0.10%
MainStay Retirement 2020 Fund 0.10%
MainStay Retirement 2030 Fund 0.10%
MainStay Retirement 2040 Fund 0.10%
MainStay Retirement 2050 Fund 0.10%
MainStay S&P 500 Index Fund

0.25% up to $1 billion;

0.225% from $1 billion to $2 billion;

0.215% from $2 billion to $3 billion; and

0.20% in excess of $3 billion

MainStay Short Duration High Yield Fund 0.65% on all assets
MainStay Tax Advantaged Short Term Bond Fund 0.45% on all assets
MainStay Total Return Bond Fund

0.50% up to $1 billion; and

0.475% in excess of $1 billion

MainStay U.S. Equity Opportunities Fund 1.00% on all assets
MainStay U.S. Small Cap Fund

0.85% up to $1 billion; and

0.80% in excess of $1 billion

 

*The Manager agrees to waive the Fund’s management fee in an amount equal to any management fees paid to the Manager by the Fund’s Cayman Subsidiary, as defined in the Fund’s prospectus.

 

** The Manager will receive no fee from the Fund, although the parties acknowledge that the

Manager or its affiliates shall receive compensation from other registered investment companies, including other series of the Trust, in connection with assets of the Fund that are invested in such investment companies.