EX-99.(H)3(VIII) 46 d651249dex99h3viii.htm FORM OF AMENDMENT NO. 7 EFFECTIVE AS OF _________, 2014 TO THE EXPENSE LIMITATIO Form of Amendment No. 7 effective as of _________, 2014 to the Expense Limitatio

Exhibit (h)(3)(viii)

[FORM OF] AMENDMENT NO. 7

EXPENSE LIMITATION AGREEMENT

Amendment No. 7, effective as of [            , 2014] to the Expense Limitation Agreement between AXA Equitable Funds Management Group, LLC (“FMG LLC” or the “Manager”) and EQ Advisors Trust (the “Trust”) (“Amendment No. 7”).

The Manager and Trust hereby agree to modify and amend the Expense Limitation Agreement dated as of May 1, 2011, as amended, (“Agreement”), between them as follows:

 

  1. New Portfolios. FMG LLC and the Trust have determined to add the following new Portfolios to the Agreement:

Multimanager Aggressive Equity Portfolio

Multimanager Core Bond Portfolio

Multimanager Mid Cap Growth Portfolio

Multimanager Mid Cap Value Portfolio

Multimanager Technology Portfolio

(each, a “New Portfolio” and collectively, the “New Portfolios”)

 

  2. Name Changes: Effective May 1, 2014, the following Portfolio’s names shall be changed as follows:

 

Current Name

   

New Name

EQ/Large Cap Value PLUS    AXA Large Cap Value Managed Volatility
EQ/Large Cap Core PLUS    AXA Large Cap Core Managed Volatility
EQ/Large Cap Growth PLUS    AXA Large Cap Growth Managed Volatility
EQ/International Core PLUS    AXA International Core Managed Volatility
EQ/Mid Cap Value PLUS    AXA Mid Cap Value Managed Volatility
EQ/International Value PLUS    AXA International Value Managed Volatility
EQ/Mutual Large Cap Equity    AXA/Mutual Large Cap Equity Managed Volatility
EQ/Templeton Global Equity    AXA/Templeton Global Equity Managed Volatility
EQ/AXA Franklin Small Cap Value Core    AXA/Franklin Small Cap Value Managed Volatility
EQ/Franklin Templeton Allocation    AXA/Franklin Templeton Allocation Managed Volatility
EQ/Franklin Core Balanced    AXA/Franklin Balanced Managed Volatility
AXA Tactical Manager 500    AXA 500 Managed Volatility
AXA Tactical Manager 400    AXA 400 Managed Volatility
AXA Tactical Manager 2000    AXA 2000 Managed Volatility
AXA Tactical Manager International    AXA International Managed Volatility
ATM Large Cap    ATM Large Cap Managed Volatility
ATM Mid Cap    ATM Mid Cap Managed Volatility
ATM Small Cap    ATM Small Cap Managed Volatility
ATM International    ATM International Managed Volatility

  3. Terms and Conditions of Agreement with respect to New Portfolios. The New Portfolios will be added to the Agreement on the terms and conditions contained in the Agreement, except that the Agreement shall continue in effect for the New Portfolios until [January     , 2015].

 

  4. Schedule A. Schedule A to the Agreement, which sets forth the Portfolios of the Trust, is hereby replaced in its entirety by Amendment No. 7 to Schedule A attached hereto.

Except as modified and amended hereby, the Agreement is hereby ratified and confirmed in full force and effect in accordance with its terms.

IN WITNESS WHEREOF, the parties have executed and delivered this Amendment No. 7 as of the date first above set forth.

 

EQ ADVISORS TRUST     AXA EQUITABLE FUNDS MANAGEMENT GROUP, LLC
By:  

 

     By:  

 

  Brian Walsh       Steven M. Joenk
  Chief Financial Officer and Treasurer       Chairman, Chief Executive Officer and President

SCHEDULE A

[FORM OF] AMENDMENT NO. 7

EXPENSE LIMITATION AGREEMENT

MAXIMUM ANNUAL OPERATING EXPENSE LIMITS

This Agreement relates to the following Portfolios of the Trust:

 

Portfolio

    Maximum Annual Operating Expense Limit  
     Class K     Class IA+     Class IB+  

AXA/Franklin Small Cap Value Managed Volatility Portfolio (formerly, EQ/AXA Franklin Small Cap Value Core Portfolio)

      1.05 %      1.30 %      1.30 % 

AXA/Franklin Balanced Managed Volatility Portfolio (formerly, EQ/Franklin Core Balanced Portfolio)

      1.05 %      1.30 %      1.30 % 

AXA/Franklin Templeton Allocation Managed Volatility Portfolio (formerly, EQ/Franklin Templeton Allocation Portfolio)

      0.15 %      0.40 %      0.40 % 

AXA/Mutual Large Cap Equity Managed Volatility Portfolio (formerly, EQ/Mutual Large Cap Equity Portfolio)

      1.05 %      1.30 %      1.30 % 

AXA/Templeton Global Equity Managed Volatility Portfolio (formerly, EQ/Templeton Global Equity Portfolio)

      1.10 %      1.35 %      1.35 % 

EQ/Emerging Markets Equity PLUS Portfolio

      1.00 %      N/A        1.25 % 

EQ/Equity Growth PLUS Portfolio

      0.75 %      1.00 %      1.00 % 

EQ/Global Bond PLUS Portfolio

      0.75 %      1.00 %      1.00 % 

AXA International Core Managed Volatility Portfolio (formerly, EQ/International Core PLUS Portfolio)

      0.85 %      1.10 %      1.10 % 

AXA International Value Managed Volatility Portfolio (formerly, EQ/International Value PLUS Portfolio)

      0.85 %      1.10 %      1.10 % 

AXA Large Cap Core Managed Volatility Portfolio (formerly, EQ/Large Cap Core PLUS Portfolio)

      0.75 %      1.00 %      1.00 % 

AXA Large Cap Growth Managed Volatility Portfolio (formerly, EQ/Large Cap Growth PLUS Portfolio)

      0.75 %      1.00 %      1.00 % 

AXA Large Cap Value Managed Volatility Portfolio (formerly, EQ/Large Cap Value PLUS Portfolio)

      0.75 %      1.00 %      1.00 % 

AXA Mid Cap Value Managed Volatility Portfolio (formerly, EQ/Mid Cap Value PLUS Portfolio)

      0.80 %      1.05 %      1.05 % 

EQ/Natural Resources PLUS Portfolio

      0.85 %      N/A        1.10 % 

EQ/Quality Bond PLUS Portfolio

      0.60 %      0.85 %      0.85 % 

EQ/Real Estate PLUS Portfolio

      0.85 %      N/A        1.10 % 

All Asset Aggressive-Alt 25 Portfolio

      0.10 %      N/A        0.35 % 

All Asset Aggressive-Alt 50 Portfolio

      0.10 %      N/A        0.35 % 

All Asset Aggressive-Alt 75 Portfolio

      0.10 %      N/A        0.35 % 

All Asset Growth – Alt 20 Portfolio

      0.10 %      0.35 %      0.35 % 

All Asset Moderate Growth-Alt 15 Portfolio

      0.10 %      N/A        0.35 % 

Portfolio

    Maximum Annual Operating Expense Limit  
     Class K     Class IA+     Class IB+  

AXA Aggressive Strategy Portfolio

      0.90 %*      N/A        1.15 %* 

AXA Balanced Strategy Portfolio

      0.80 %*      1.05 %*      1.05 %* 

AXA Conservative Growth Strategy Portfolio

      0.75 %*      1.00 %*      1.00 %* 

AXA Conservative Strategy Portfolio

      0.70 %*      0.95 %*      0.95 %* 

AXA Growth Strategy Portfolio

      0.85 %*      1.10 %*      1.10 %* 

AXA Moderate Growth Strategy Portfolio

      0.85 %*      1.10 %*      1.10 %* 

AXA Ultra Conservative Strategy Portfolio

      0.70 %*      0.95 %*      0.95 %* 

ATM International Managed Volatility Portfolio (formerly, ATM International Portfolio)

      0.70 %      0.95 %      0.95 % 

ATM Large Cap Managed Volatility Portfolio (formerly, ATM Large Cap Portfolio)

      0.70 %      0.95 %      0.95 % 

ATM Mid Cap Managed Volatility Portfolio (formerly, ATM Mid Cap Portfolio)

      0.70 %      0.95 %      0.95 % 

ATM Small Cap Managed Volatility Portfolio (formerly, ATM Small Cap Portfolio)

      0.70 %      0.95 %      0.95 % 

AXA 2000 Managed Volatility Portfolio (formerly, AXA Tactical Manager 2000 Portfolio)

      0.70 %      0.95 %      0.95 % 

AXA 400 Managed Volatility Portfolio (formerly, AXA Tactical Manager 400 Portfolio)

      0.70 %      0.95 %      0.95 % 

AXA 500 Managed Volatility Portfolio (formerly, AXA Tactical Manager 500 Portfolio)

      0.70 %      0.95 %      0.95 % 

AXA International Managed Volatility (formerly, AXA Tactical Manager International Portfolio)

      0.70 %      0.95 %      0.95 % 

EQ/AllianceBernstein Short-Term Bond Portfolio

      0.65 %      0.90 %      0.90 % 

EQ/AllianceBernstein Short Duration Government Bond Portfolio

      0.65 %      0.90 %      0.90 % 

AXA SmartBeta™ Equity Portfolio

      1.00 %      N/A        1.25 % 

EQ/AllianceBernstein Dynamic Wealth Strategies Portfolio

      0.95 %      1.20 %      1.20 % 

EQ/BlackRock Basic Value Equity Portfolio

      0.70 %      0.95 %      0.95 % 

EQ/Boston Advisors Equity Income Portfolio

      0.80 %      1.05 %      1.05 % 

EQ/Calvert Socially Responsible Portfolio

      0.90 %      1.15 %      1.15 % 

EQ/Capital Guardian Research Portfolio

      0.72 %      0.97 %      0.97 % 

EQ/Core Bond Index Portfolio

      0.47 %      0.72 %      0.72 % 

EQ/Convertible Securities Portfolio

      1.05 %      N/A        1.30 % 

EQ/Davis New York Venture Portfolio

      0.90 %      1.15 %      1.15 % 

EQ/Energy ETF Portfolio

      0.70 %      N/A        0.95 % 

EQ/International ETF Portfolio

      0.55 %      0.80 %      0.80 % 

EQ/Invesco Comstock Portfolio

      0.75 %      1.00 %      1.00 % 

EQ/High Yield Bond Portfolio

      0.95 %      N/A        1.20 % 

EQ/JPMorgan Value Opportunities Portfolio

      0.75 %      1.00 %      1.00 % 

EQ/Lord Abbett Large Cap Core Portfolio

      0.75 %      1.00 %      1.00 % 

EQ/Low Volatility Global ETF Portfolio

      0.70 %      N/A        0.95 % 

EQ/MFS International Growth Portfolio

      1.00 %      1.25 %      1.25 % 

EQ/Montag & Caldwell Growth Portfolio

      0.90 %      1.15 %      1.15 % 

EQ/Morgan Stanley Mid Cap Growth Portfolio

      0.85 %      1.10 %      1.10 % 

Portfolio

    Maximum Annual Operating Expense Limit  
     Class K     Class IA+     Class IB+  

EQ/Oppenheimer Global Portfolio

      1.00 %      1.25 %      1.25 % 

EQ/PIMCO Global Real Return Portfolio

      0.75 %      N/A        1.00 % 

EQ/PIMCO Ultra Short Bond Portfolio

      0.60 %      0.85 %      0.85 % 

EQ/T. Rowe Price Growth Stock Portfolio

      0.85 %      1.10 %      1.10 % 

EQ/UBS Growth and Income Portfolio

      0.80 %      1.05 %      1.05 % 

EQ/Wells Fargo Omega Growth Portfolio

      0.80 %      1.05 %      1.05 % 

Multimanager Aggressive Equity Portfolio

      0.80 %      1.05 %      1.05 % 

Multimanager Core Bond Portfolio

      1.00 %      1.25 %      1.25 % 

Multimanager Mid Cap Growth Portfolio

      1.00 %      1.25 %      1.25 % 

Multimanager Mid Cap Value Portfolio

      1.00 %      1.25 %      1.25 % 

Multimanager Technology Portfolio

      1.15 %      1.40 %      1.40 % 

 

* For purposes of calculating the Maximum Annual Operating Expense Limit, the expenses of other investment companies in which the Portfolio invests are included in Fund Operating Expenses.
+ Includes amounts payable pursuant to Rule 12b-1 of the Investment Company Act of 1940.