EX-99.(D)(3) 5 d216119dex99d3.htm AMENDED AND RESTATED EXHIBIT A TO THE MANAGEMENT AGREEMENT Amended and Restated Exhibit A to the Management Agreement

Exhibit (d)(3)

AMENDED AND RESTATED EXHIBIT A TO MANAGEMENT AGREEMENT – FUNDS AND MANAGEMENT FEES

Pursuant to Section 6(a) of the Management Agreement, the Trust shall pay NTI a fee at the annual rate calculated as a percentage of each Current Fund’s assets as set forth below:

 

Fund          FEE RATE (%)      
     First $1 Billion      Next $1 Billion     Over $2 Billion   

Multi-Manager Emerging Markets Equity

      1.30%     1.261%     1.223%   

Multi-Manager Global Listed Infrastructure

      0.90%     0.873%     0.847%   

Multi-Manager Global Real Estate

      1.05%     1.019%     0.988%   

Multi-Manager International Equity

      1.15%     1.116%     1.083%   

Multi-Manager Large Cap

      0.88%     0.854%     0.828%   

Multi-Manager Mid Cap

      0.98%     0.951%     0.922%   

Multi-Manager Small Cap

      1.08%     1.048%     1.017%   

Active M U.S. Equity

      0.64%      0.621%     0.602%   
Fund          FEE RATE (%)      
     First $1.5 Billion      Next $1 Billion     Over $2.5 Billion   

Multi-Manager High Yield Opportunity

      0.85%     0.825%     0.80%   

Multi-Manager Emerging Markets Debt Opportunity

      0.85%     0.825%     0.80%   

Effective: May 2, 2016