EX-99.(G).(1).(C) 8 d36223dex99g1c.htm EX-99.(G).(1).(C) EX-99.(g).(1).(c)

Column A Custody Agreement

 

STATE STREET BANK AND TRUST COMPANY

SUNAMERICA / VALIC FUNDS

CONFIDENTIAL FEE SCHEDULE

AS OF OCTOBER 1, 2013

 

 

CUSTODY AND FUND ACCOUNTING

This fee schedule is for services (the “Services”) provided by State Street Bank and Trust Company or its affiliates (“state Street”) to the Funds (as defined below) pursuant to that certain Master Custodian Agreement dated as of January 18, 2006 by and between State Street and the Funds (the “Custody Agreement”), as may be amended, supplemented, restated or otherwise modified from time to time. This fee schedule shall apply to all funds, portfolios or accounts that may be party or subject to the Custody Agreement from time to time (each a “Fund” and collectively, the “Funds”). Except as expressly provided for herein, annual and other periodic fees shall be prorated based upon dates of service. Capitalized terms used herein without definition shall have the meanings given thereto in the Custody Agreement.

 

   I.          Custody

For the provision of custody services pursuant to the Custody Agreement, State Street shall be entitled to the fees set forth below. The domestic custody fee per Fund is equal to the “Custody Basis Point Fee” (as defined below). Each Fund will pay in monthly installments in arrears, the Fund’s fee based upon the market value (as determined in accordance with the Funds’ procedures with respect to the calculation of the net asset value) of securities held based on custody location as of the end of the billing period on a monthly basis calculated at the annualized rates set forth below. The Custody Basis Point Fee will be calculated by multiplying the month-end assets of each Fund by the basis point fees shown in the table below. This amount does not include transaction processing fees,* foreign custody, or any other fees, charges or expenses specifically identified in this fee schedule.

*     See Appendix 1 for information on transaction processing fees including important information on foreign currency exchange transactions.

Domestic Custody

Custody Basis Point Fee (per Fund/per year)

  Net Assets Per Fund

   Basis Points
   0.25

 

  Foreign Custody

     See Appendix 2  

 

Limited Access


Column A Custody Agreement

 

STATE STREET BANK AND TRUST COMPANY

SUNAMERICA / VALIC FUNDS

CONFIDENTIAL FEE SCHEDULE

AS OF OCTOBER 1, 2013

 

   II.

    Fund Accounting

For the provision of fund accounting services pursuant to the Custody Agreement, State Street shall be entitled to the fees set forth below. The fund accounting fee per Fund is equal to the “Accounting Basis Point Fee.” Each Fund will pay in monthly installments in arrears the Fund’s pro rata share of the fee. The Accounting Basis Point Fee will be calculated by multiplying the average monthly net assets of each Fund by the basis point fees shown in the table below. This amount does not include any other fees, charges or expenses specifically identified in this fee schedule.

    Fund Accounting

   Accounting Basis Point Fee (Fund complex)

Net Assets Per Fund

   Basis Points     

First 75 Billion

   0.75   

Next 25 Billion

   0.60                                         

Excess

   0.50   

 

AUTOMATED PRICING (per position/per month)

                              
Municipal, Government, Corporate, Convertible Bonds, Foreign Bonds, CMOs, CDS, Preferred Stocks      $4.50     

Exchange Traded Options, Futures and Private Placements

     $6     

Equities

     $1                                               

Manual Quotes

     $8     

Swaps

     $10     

For billing purposes, the monthly quote fee will be based on the number of positions in the Fund as of the close of the last day of regular trading on the New York Stock Exchange of each month.

 

   III.

    Fund of Funds/Feeder Funds

For the provision of services to “Funds of Funds” (including portions of Funds of Funds, such as the Fund of Funds Components of the SunAmerica Dynamic Allocation Portfolio and SunAmerica Dynamic Strategy Portfolio of the SunAmerica Series Trust and VALIC Co. I Dynamic Allocation Fund) and “Feeder Funds,” State Street shall be entitled only to the following fees:

 

                 
 

Fund of Funds/Feeder Funds (total fees per year)

     $12,000  

Notwithstanding anything herein, no other fees will be charged to the Funds of Funds, portions of Funds of Funds or Feeder Funds.

 

Limited Access


Column A Custody Agreement

 

STATE STREET BANK AND TRUST COMPANY

SUNAMERICA / VALIC FUNDS

CONFIDENTIAL FEE SCHEDULE

AS OF OCTOBER 1, 2013

 

  IV.

Loan Services

For the provision of loan services pursuant to the Custody Agreement, State Street shall be entitled to the fees set forth below. The loan services fee is equal to the Committed Asset Based Fee for the Fund set forth below. The Fund will pay in monthly installments in arrears, unless otherwise requested, the Fund’s pro rata share of the fee. This amount does not include any other fees, charges or expenses specifically identified in this fee schedule.

 

Committed Asset Based Fee for SunAmerica Senior Floating Rate Fund, Inc.    Basis Points
(per Fund/per year)     
   1.5

 

  V.

  Additional Services

Additional special activities of a non-recurring nature such as fund consolidations or reorganizations, extraordinary security shipments and the preparation of special reports will be subject to negotiation in advance. There will be a fee of $150 per hour for customized programming or customized transmissions. Fees for other services requested by the Funds, including services in connection with new laws or rules or services, such as maintenance of customized programming, transmissions or other customized development, will be negotiated separately in advance.

 

  VI.

  Other Reimbursable Expenses, Fees and Charges

A billing for the recovery of other reimbursable expenses, fees and charges incurred on behalf of the Funds, as applicable, will be made as of the end of each month. Unless indicated otherwise, each Fund’s share of such expenses, fees and charges will be based upon actual usage of a service or an allocated charge for the use of the service for the benefit of the Fund. New or increased fees imposed upon State Street beyond State Street’s control will be passed through to the Fund, including regulatory fees imposed on State Street in its capacity as the provider of the Services.

The Funds will reimburse State Street for expenses incurred by State Street on their behalf including, but not limited to, the following:

 

 

ITG Fair Value

 

 

Subcustodian/Depository Charges, ADR, GDR

 

 

Miscellaneous expenses incurred in connection with foreign custody (e.g., stamp duties, registration costs, script fees, special transportation costs)

 

 

Pricing and Verification Services - Non-Standard Vendors

 

  VII.

  Fund Minimum

 

Annual Minimum Fee (includes custody, fund accounting and any other services per Fund)

     $25,000  

 

Limited Access


Column A Custody Agreement

 

STATE STREET BANK AND TRUST COMPANY

SUNAMERICA / VALIC FUNDS

CONFIDENTIAL FEE SCHEDULE

AS OF OCTOBER 1, 2013

 

  VIII.    Overdrafts

Overdrafts are not allowed; however, should one occur, a charge will be imposed by State Street at a rate equivalent to the Federal Funds Rate plus 200 basis points, as applicable.

 

  IX.    Confidentiality

This fee schedule is the confidential information of the parties and shall not be disclosed to any third party without the prior written consent of the other parties. The foregoing shall not be applicable to any information that is required in any legal or regulatory proceeding, investigation, audit, examination, subpoena, civil investigative demand or other similar process, or by operation of law or regulation.

 

  X.    Payment

of Fees

The fees, charges and expenses set forth herein will be calculated and charged monthly. Any fees or reimbursable expenses not paid within 30 days of the date of the original invoice will be charged a late payment fee of 1% per month until payment of the fees are received by Billing. Failure to charge a fee is not a waiver of that fee.

 

  XI.    Effectiveness

This fee schedule is effective October 1, 2013 and shall remain in effect for four (4) years and from year to year thereafter. This fee schedule shall apply to the Renewal Terms until it is revised as a result of negotiations by any party.

 

Limited Access


Column A Custody Agreement

 

STATE STREET BANK AND TRUST COMPANY

SUNAMERICA / VALIC FUNDS

CONFIDENTIAL FEE SCHEDULE

AS OF OCTOBER 1, 2013

 

  XII.    Signatures

For Each SUNAMERICA / VALIC Fund

Party to the Custodian Agreement

 

BY:   /s/ Donna M. Handel            
NAME:   Donna M. Handel
TITLE:   Treasurer \ Vice President and Assistant Treasurer
DATE:   11\19\13
STATE STREET BANK AND TRUST
BY:   /s/ Louis Abruzzi                        
NAME:   Louis Abruzzi
TITLE:   Senior Vice President
DATE:   11-19-2013

 

Limited Access


Column A Custody Agreement

 

STATE STREET BANK AND TRUST COMPANY

SUNAMERICA / VALIC FUNDS

CONFIDENTIAL FEE SCHEDULE

AS OF OCTOBER 1, 2013

 

APPENDIX 1

TRANSACTION PROCESSING FEES PER TRADE1

 

State Street Repurchase Agreements (Repo)

   No Charge

State Street Time Deposit

   No Charge

DTC or Fed Book Entry (including cancelations) *

   $ 2.50

Mortgage Backed Securities Principal and Income Paydowns

   $ 2.50

Physical Settlements

   $25.00

Third Party Foreign Exchange *

   $ 10.00

Foreign Exchange through State Street Global Markets

   No Charge 1

Third Party Securities Lending

   $20.00

Securities Lending through State Street Global Markets

   No Charge

Exchange Traded Derivatives (Options, Futures Trades, etc.)

   $ 25.00

Over-the-Counter (“OTC”) Traded Derivatives (Options, Futures Trades, etc.)

   $ 64.00

Bilateral processing rates per holding charge (per month, per position, per Fund)

   See Appendices 3 and 4

All Other Trades

   $ 25.00

Centrally cleared processing rates

   See Appendix 5

* These fees and charges assume automated trade instruction/information delivery in an electronic format.

 

 

1 The Transaction Processing Fees are per trade processing fees charged for processing the settlement of transactions by State Street on behalf of the Funds in connection with the provision of custody services under the Custody Agreement. These Transaction Processing Fees, unless otherwise waived, apply whether a Fund or its third party investment managers entered into such transactions with or through State Street or one of its affiliates or a third party dealer or broker. The processing fees are in addition to, and are not to be construed as payments in lieu of, any compensation (as described herein) that may be earned by State Street or any of its affiliates or by a third party dealer or broker in connection with such transaction.

State Street Global Markets, a separate division of State Street, offers principal or “dealer” trading services as well as agency execution services (which include its proprietary electronic trading platforms) in a variety of asset classes, including most of those described in this schedule. A Fund or its third party fiduciary investment managers may select State Street Global Markets to effect principal or agency transactions; however, any such services, irrespective of whether trade orders are transmitted through State Street’s custody or trustee operations, are conducted under contractual or other arrangements that are distinct from its services and obligations under the Custody Agreement. When State Street or State Street Global Markets acts as a counterparty (e.g., foreign exchange, over the counter derivatives, repurchase transactions) to a Fund, such transactions are principal transactions and State Street or State Street Global Markets enters into them as a dealer and not in a fiduciary, agency or similar capacity (regardless of any other relationships between State Street and the Funds under the Custody Agreement). In connection with such trading or agency execution services, State Street Global Markets may receive compensation from the Funds in a variety of forms, including a commission, click fee, revenue share, spread, mark-up, mark-down, interest, fee or similar amount.

 

Limited Access


Column A Custody Agreement

 

STATE STREET BANK AND TRUST COMPANY

SUNAMERICA / VALIC FUNDS

CONFIDENTIAL FEE SCHEDULE

AS OF OCTOBER 1, 2013

 

APPENDIX 2

FOREIGN CUSTODY - COUNTRY BASED FEES

The Asset Charge is based upon the market value (as determined in accordance with the Funds’ procedures with respect to the calculation of net asset value) of securities held based on custody location as of the end of the billing period on a monthly basis calculated at the annualized rates set forth below. The Transaction Charge is a per trade processing fee charged for processing the settlement of transactions by State Street on behalf of the Funds in connection with the provision of custody services under the Custody Agreement. Any country not listed below will be negotiated and agreed upon prior to investment.

 

MARKET  

ASSET

CHARGE

    (Basis Points)    

 

    TRANSACTION    

CHARGE

      MARKET      

ASSET

CHARGE

    (Basis Points)    

 

    TRANSACTION    

CHARGE

Argentina

  20.0   $75   Lithuania   20.0   $50

Australia

  1.0   $15   Malaysia   3.5   $40

Austria

  2.0   $20   Mali   50.0   $150

Bahrain

  35.0   $150   Mauritius   25.0   $125

Bangladesh

  45.0   $125   Mexico   3.5   $10

Belgium

  1.5   $15   Morocco   30.0   $40

Benin

  50.0   $150   Namibia   30.0   $125

Bermuda

  15.0   $90   Netherlands   1.1   $12

Botswana

  25.0   $100   New Zealand   1.25   $15

Brazil

  6.25   $25   Niger   50.0   $150

Bulgaria

  30.0   $100   Nigeria   40.0   $80

Burkina Fasco

  50.0   $150   Norway   1.25   $25

Canada

  0.1   $6   Oman   50.0   $150

Cayman Island

  30.0   $75   Pakistan   30.0   $125

Cedel\Clearstream

  1.1   $8   Palestine   45.0   $150

Chile

  20.0   $70   Panama   30.0   $150

China

  14.0   $60   Peru   35.0   $85

Colombia

  28.0   $105   Philippines   9.0   $40

Costa Rica

  30.0   $75   Poland   10.0   $40

Croatia

  30.0   $100   Portugal   4.75   $40

Cyprus

  40.0   $125   Puerto Rico   10.0   $75

Czech Republic

  11.0   $60   Qatar   30.0   $75

Denmark

  1.3   $20   Romania   40.0   $100

Ecuador

  20.0   $100   Russia   17.50   $75

Egypt

  21.0   $50   Senegal   50.0   $150

Estonia

  40.0   $50   Singapore   3.0   $20

Euroclear

  1.1   $8   Slovak Republic       30.0   $90

Finland

  2.0   $30   Slovenia   30.0   $100

France

  1.0   $20   South Africa   2.0   $15

Germany

  1.0   $20   South Korea   4.5   $30

 

Limited Access


Column A Custody Agreement

 

STATE STREET BANK AND TRUST COMPANY

SUNAMERICA / VALIC FUNDS

CONFIDENTIAL FEE SCHEDULE

AS OF OCTOBER 1, 2013

 

APPENDIX 2 (CONTINUED)

FOREIGN CUSTODY - COUNTRY BASED FEES

 

MARKET  

ASSET

CHARGE

    (Basis Points)    

 

    TRANSACTION    

CHARGE

 

    MARKET    

 

ASSET

CHARGE

    (Basis Points)    

 

    TRANSACTION    

CHARGE

Ghana

  30.0   $100   Spain   1.2   $25

Greece

  5.0   $20   Sri Lanka   20.0   $100

Guinea-Bissau

  50.0   $150   Swaziland   30.0   $200

Hong Kong

  2.25   $20   Sweden   1.1   $20

Hungary

  13.0   $75   Switzerland   1.2   $15

Iceland

  20.0   $50   Taiwan   8.0   $40

India

  9.0   $100   Thailand   5.0   $20

Indonesia

  8.75   $40   Togo Trinidad &   50.0   $150

Ireland

  5.0   $40   Tobago   35.0   $100

Israel

  11.5   $50   Tunisia   45.0   $125

Italy

  1.1   $25   Turkey   7.0   $50

Ivory Coast

  50.0   $150   Uganda   50.0   $100

Jamaica

  40.0   $125   Ukraine United Arab       35.0   $150

Japan-Mizuho

  1.1   $10   Emirates   40.0   $85

Jordan

  30.0   $125   United Kingdom   0.6   $10

Kazakhstan

  40.0   $135   Uruguay   45.00   $125

Kenya

  30.0   $100   Venezuela   35.0   $125

Latvia

  50.0   $50   Vietnam   45.0   $150

Lebanon

  30.0   $100   Zambia   30.0   $100

 

Limited Access


Column A Custody Agreement

 

STATE STREET BANK AND TRUST COMPANY

SUNAMERICA / VALIC FUNDS

CONFIDENTIAL FEE SCHEDULE

AS OF OCTOBER 1, 2013

 

Appendix 3

BILATERAL PROCESSING RATES

Basic Standard Services:

         
Category   Driver   Services Included  

Frequency of

Charge

    Rate  

Transaction Charge

 

Ø Number of transactions (low complexity instruments)

 

Ø Trade processing (new trades, novations and terminations), and

 

Ø Charge per event per position per Fund

  $64
 

Ø Number of transactions (high complexity instruments)

 

 

Ø Payment Services (settlement of upfront and periodic payments)

  $96

Monthly Instrument        

Charge

 

Ø Number of positions (low complexity instruments)

 

 

Ø Pricing, and

Ø Corporate action and event monitoring

 

Ø Monthly charge per position per Fund

  $32
 

Ø Number of positions (high complexity instruments)

  $48

 

Limited Access


Column A Custody Agreement

 

STATE STREET BANK AND TRUST COMPANY

SUNAMERICA / VALIC FUNDS

CONFIDENTIAL FEE SCHEDULE

AS OF OCTOBER 1, 2013

 

APPENDIX 4

 

CATEGORIZATION EXAMPLES OF HIGH AND LOW COMPLEXITY

Low Complexity:

  

High Complexity:

Ø Interest Rate Swaps (IRS)

§   Amortizing

§   Cancelable

§   Vanilla

§   Zero Coupon

§   OIS

§   FRA

§   IR Option

  

Ø Interest Rate Swaps (IRS)

 

§   Swaption

§   Inflation

§   Inflation Zero Coupon

§   Cross Currency

§   NDF

§   NDF Coupon

§   Balance Guaranteed

§   CMM FRA

§   Spread Lock

§   Basis

§   Bullet Pay

Ø Credit Default Swaps (CDS)

 

§   Single Name Corporate/Sovereigns

§   Index

  

Ø Cap, Floor, FX, and Credit Default Swaps (CDS)

 

§   Basket

§   Tranche

§   ABS

§   CMBS

§   LCDS

§   CDO

Ø Equity Derivative

Ø Return Swap

Ø Commodity Swap

Ø CFD

 

Limited Access


Column A Custody Agreement

 

STATE STREET BANK AND TRUST COMPANY

SUNAMERICA / VALIC FUNDS

CONFIDENTIAL FEE SCHEDULE

AS OF OCTOBER 1, 2013

 

APPENDIX 5

CENTRALLY CLEARED SWAPS

 

 
STANDARD CLEARED SWAPS SERVICES
      Category         Driver   Services Included  

Frequency of

Charge

        Standard Rates      

Transaction

Charge

 

 

u  Number of automated transactions

 

u  Transaction processed (e.g., trade capture, novations, terminations)

 

 

u  Charge per transaction per allocated position

  $25
   

 

u  Number of manual transactions

 

u  Transaction processed (e.g., trade capture, novations, terminations)

 

 

u  Charge per transaction per allocated position

  $50
Cash Payments  

u  Number of payments (wires)  

 

u  Settlement of upfront, periodic payments

 

u  Per Payment

  $5.00

Maintenance

Charge

 

u  Number of allocated positions

 

 

u  Calculation of variation margin

u  Valuation from exchange and Futures Commission Merchant (FCM)

u  Reconciliation with a single FCM per Fund

 

 

 

u  Monthly charge per allocated position

u  NOTE: For Funds with less than 10 positions, a charge of $100 per Fund per month will be added

 

 

 

 

$48

 

                 

 

Limited Access


Column A Custody Agreement

 

STATE STREET CAYMAN TRUST COMPANY, LTD

SUNAMERICA GLOBAL TRENDS CAYMAN FUND LTD.

SUNAMERICA ALTERNATIVE STRATEGIES CAYMAN FUND LTD.

CONFIDENTIAL FEE SCHEDULE

AS OF OCTOBER 1, 2013

 

ADMINISTRATIVE SERVICES

This fee schedule is for services (the Services) provided by State Street Cayman Trust Company, Ltd. or its affiliates (“State Street”) to SunAmerica Global Trends Cayman Fund Ltd. and SunAmerica Alternative Strategies Cayman Fund Ltd. (each, a Fund) pursuant to (i) that certain Administrative Services Agreement dated as of June 14, 2011 by and between State Street and the SunAmerica Global Trends Cayman Fund Ltd. and (ii) that certain Administrative Services Agreement dated as of November 3, 2008 by and between State Street and SunAmerica Alternative Strategies Cayman Fund Ltd. (the Administrative Agreements), as may be amended, supplemented, restated or otherwise modified from time to time. Except as expressly provided for herein, annual and other periodic fees shall be prorated based upon dates of service. Capitalized terms used herein without definition shall have the meanings given thereto in the Administrative Agreements.

 

 

  I.

Fund Accounting

For the provision of fund accounting services pursuant to the Administrative Agreement, State Street shall be entitled to the fees set forth below. The fund accounting fee is equal to the “Accounting Basis Point Fee.” Each Fund will pay in monthly installments in arrears the Fund’s pro rata share of the fee. The Accounting Basis Point Fee will be calculated by multiplying the average monthly net assets of the Fund by the basis point fees shown in the table below. This amount does not include any other fees, charges or expenses specifically identified in this fee schedule.

Fund Accounting

 

Accounting Basis Point Fee (Fund complex)

  

Net Assets Per Fund

   Basis Points

First 75 Billion

   0.75

Next 25 Billion

   0.60

Excess

   0.50

AUTOMATED PRICING (per position/per month)

  

Municipal, Government, Corporate, Convertible Bonds, Foreign Bonds, CMOs, CDS, Preferred Stocks

   $4.50

Exchange Traded Options, Futures and Private Placements

   $6

Equities

   $1

Manual Quotes

   $8

Swaps

   $10

For billing purposes, the monthly quote fee will be based on the number of positions in the Fund as of the close of the last day of regular trading on the New York Stock Exchange of each month.

 

 

 II.

Additional Services

Additional special activities of a non-recurring nature such as fund consolidations or reorganizations, extraordinary security shipments and the preparation of special reports will be subject to negotiation in advance. There will be a fee of $150 per hour for customized programming or customized transmissions. Fees for other services requested by the Fund, including services in connection with new laws or rules or services, such as maintenance of customized programming, transmissions or other customized development, will be negotiated separately in advance.

 

1


Column A Custody Agreement

 

STATE STREET CAYMAN TRUST COMPANY, LTD

SUNAMERICA GLOBAL TRENDS CAYMAN FUND LTD.

SUNAMERICA ALTERNATIVE STRATEGIES CAYMAN FUND LTD.

CONFIDENTIAL FEE SCHEDULE

AS OF OCTOBER 1, 2013

 

 

  III.

Other Reimbursable Expenses, Fees and Charges

A billing for the recovery of other reimbursable expenses, fees and charges incurred on behalf of a Fund, as applicable, will be made as of the end of each month. Unless indicated otherwise, the Fund’s share of such expenses, fees and charges will be based upon actual usage of a service or an allocated charge for the use of the service for the benefit of the Fund. New or increased fees imposed upon State Street beyond State Street’s control will be passed through to the Fund, including regulatory fees imposed on State Street in its capacity as the provider of the Services.

The Fund will reimburse State Street for expenses incurred by State Street on their behalf including, but not limited to, the following:

 

   

ITG Fair Value

 

   

Pricing and Verification Services - Non-Standard Vendors

 

 

  IV.

Confidentiality

This fee schedule is the confidential information of the parties and shall not be disclosed to any third party without the prior written consent of the other parties. The foregoing shall not be applicable to any information that is required in any legal or regulatory proceeding, investigation, audit, examination, subpoena, civil investigative demand or other similar process, or by operation of law or regulation.

 

 

  V.

Payment of Fees

The fees, charges and expenses set forth herein will be calculated and charged monthly. Any fees or reimbursable expenses not paid within 30 days of the date of the original invoice will be charged a late payment fee of 1% per month until payment of the fees are received by Billing. Failure to charge a fee is not a waiver of that fee.

 

 

  VI.

Effectiveness

This fee schedule is effective October 1, 2013 and shall remain in effect for four (4) years and from year to year thereafter. This fee schedule shall apply to the Renewal Terms until it is revised as a result of negotiations by any party.

[Remainder of page intentionally left blank.]

 

2


Column A Custody Agreement

 

STATE STREET CAYMAN TRUST COMPANY, LTD

SUNAMERICA GLOBAL TRENDS CAYMAN FUND LTD.

SUNAMERICA ALTERNATIVE STRATEGIES CAYMAN FUND LTD.

CONFIDENTIAL FEE SCHEDULE

AS OF OCTOBER 1, 2013

 

 

  VII.

Signatures

Party to the Custodian Agreement

 

BY: /s/ John T. Genoy                    
NAME:   John T. Genoy
TITLE:   Director
DATE:   12/13/13
STATE STREET CAYMAN TRUST COMPANY, LTD.
BY: /s/ Richard Anton                    
NAME:   Richard Anton
TITLE:   SVP/ Director
DATE:   12/13/13

 

3


Column A Custody Agreement

 

STATE STREET BANK AND TRUST COMPANY

SUNAMERICA GLOBAL TRENDS CAYMAN FUND LTD.

SUNAMERICA ALTERNATIVE STRATEGIES CAYMAN FUND LTD.

CONFIDENTIAL FEE SCHEDULE

AS OF OCTOBER 1, 2013

 

CUSTODY SERVICES

This fee schedule is for services (the “Services”) provided by State Street Bank and Trust Company or its affiliates (“State Street) to SunAmerica Global Trends Cayman Fund Ltd., and SunAmerica Alternative Strategies Cayman Fund Ltd. (each, a “Fund”) pursuant to (i) that certain Custody Services Agreement dated as of June 14, 2011 by and between State Street and the SunAmerica Global Trends Cayman Fund Ltd., and (ii) ii) that certain Custody Services Agreement dated as of November 3, 2008 by and between State Street and SunAmerica Alternative Strategies Cayman Fund Ltd., (the “Custody Agreements”), as may be amended, supplemented, restated or otherwise modified from time to time. Except as expressly provided for herein, annual and other periodic fees shall be prorated based upon dates of service. Capitalized terms used herein without definition shall have the meanings given thereto in the Custody Agreements.

 

 

 I.

Custody

For the provision of custody services pursuant to the Custody Agreement, State Street shall be entitled to the fees set forth below. The domestic custody fee is equal to the “Custody Basis Point Fee” (as defined below). Each Fund will pay in monthly installments in arrears, the Fund’s fee based upon the market value (as determined in accordance with the Fund’s procedures with respect to the calculation of the net asset value) of securities held based on custody location as of the end of the billing period on a monthly basis calculated at the annualized rates set forth below. The Custody Basis Point Fee will be calculated by multiplying the month-end assets of the Fund by the basis point fees shown in the table below. This amount does not include transaction processing fees,* foreign custody, or any other fees, charges or expenses specifically identified in this fee schedule.

*     See Appendix 1 for information on transaction processing fees including important information on foreign currency exchange transactions.

Domestic Custody

 

Custody Basis Point Fee (per Fund/per year)

  

Net Assets Per Fund

   Basis Points
   0.25

Foreign Custody

   See Appendix 2

 

 

 II.

Additional Services

Additional special activities of a non-recurring nature such as fund consolidations or reorganizations, extraordinary security shipments and the preparation of special reports will be subject to negotiation in advance. There will be a fee of $150 per hour for customized programming or customized transmissions. Fees for other services requested by the Fund, including services in connection with new laws or rules or services, such as maintenance of customized programming, transmissions or other customized development, will be negotiated separately in advance.

 

1


Column A Custody Agreement

 

STATE STREET BANK AND TRUST COMPANY

SUNAMERICA GLOBAL TRENDS CAYMAN FUND LTD.

SUNAMERICA ALTERNATIVE STRATEGIES CAYMAN FUND LTD.

CONFIDENTIAL FEE SCHEDULE

AS OF OCTOBER 1, 2013

 

  III.

Other Reimbursable Expenses, Fees and Charges

A billing for the recovery of other reimbursable expenses, fees and charges incurred on behalf of a Fund, as applicable, will be made as of the end of each month. Unless indicated otherwise, the Fund’s share of such expenses, fees and charges will be based upon actual usage of a service or an allocated charge for the use of the service for the benefit of the Fund. New or increased fees imposed upon State Street beyond State Street’s control will be passed through to the Fund, including regulatory fees imposed on State Street in its capacity as the provider of the Services.

The Fund will reimburse State Street for expenses incurred by State Street on their behalf including, but not limited to, the following:

 

   

Subcustodian/Depository Charges, ADR, GDR

 

   

Miscellaneous expenses incurred in connection with foreign custody (e.g., stamp duties, registration costs, script fees, special transportation costs)

 

  IV

Overdrafts

Overdrafts are not allowed; however, should one occur, a charge will be imposed by State Street at a rate equivalent to the Federal Funds Rate plus 200 basis points, as applicable.

 

  V.

Confidentiality

This fee schedule is the confidential information of the parties and shall not be disclosed to any third party without the prior written consent of the other parties. The foregoing shall not be applicable to any information that is required in any legal or regulatory proceeding, investigation, audit, examination, subpoena, civil investigative demand or other similar process, or by operation of law or regulation.

 

  VI.

Payment of Fees

The fees, charges and expenses set forth herein will be calculated and charged monthly. Any fees or reimbursable expenses not paid within 30 days of the date of the original invoice will be charged a late payment fee of 1% per month until payment of the fees are received by Billing. Failure to charge a fee is not a waiver of that fee.

 

  VII.

Effectiveness

This fee schedule is effective October 1, 2013 and shall remain in effect for four (4) years and from year to year thereafter. This fee schedule should apply to the Renewal Terms until it is revised as a result of negotiations by any party.

[Remainder of page intentionally left blank.]

 

2


Column A Custody Agreement

 

STATE STREET BANK AND TRUST COMPANY

SUNAMERICA GLOBAL TRENDS CAYMAN FUND LTD.

SUNAMERICA ALTERNATIVE STRATEGIES CAYMAN FUND LTD.

CONFIDENTIAL FEE SCHEDULE

AS OF OCTOBER 1, 2013

 

  VIII.

Signatures

Party to the Custodian Agreement

 

BY: /s/ Donna M. Handel                            

NAME:

 

Donna M. Handel

TITLE:

 

Treasurer \ Vice President and Assistant Treasurer

DATE:

 

11/19/13

STATE STREET BANK AND TRUST

BY: /s/ Louis Abruzzi                                

NAME:

 

Louis Abruzzi

TITLE:

 

Senior Vice President

DATE:

 

11-19-13

 

3


Column A Custody Agreement

 

STATE STREET BANK AND TRUST COMPANY

SUNAMERICA GLOBAL TRENDS CAYMAN FUND LTD.

SUNAMERICA ALTERNATIVE STRATEGIES CAYMAN FUND LTD.

CONFIDENTIAL FEE SCHEDULE

AS OF OCTOBER 1, 2013

 

APPENDIX 1

TRANSACTION PROCESSING FEES PER TRADE1

 

State Street Repurchase Agreements (Repo)

   No Charge

State Street Time Deposit

   No Charge

DTC or Fed Book Entry (including cancelations) *

   $ 2.50

Mortgage Backed Securities Principal and Income Paydowns

   $ 2.50

Physical Settlements

   $25.00

Third Party Foreign Exchange *

   $10.00

Foreign Exchange through State Street Global Markets

   No Charge 1

Third Party Securities Lending

   $20.00

Securities Lending through State Street Global Markets

   No Charge

Exchange Traded Derivatives (Options, Futures Trades, etc.)

   $ 25.00

Over-the-Counter (“OTC”) Traded Derivatives (Options, Futures Trades, etc.)

   $64.00

Bilateral processing rates per holding charge (per month, per position, per Fund)

   See Appendices 3 and 4

All Other Trades

   $25.00

Centrally cleared processing rates

   See Appendix 5

 

*

These fees and charges assume automated trade instruction/information delivery in an electronic format.

                                                                                          

1 The Transaction Processing Fees are per trade processing fees charged for processing the settlement of transactions by State Street on behalf of the Funds in connection with the provision of custody services under the Custody Agreement. These Transaction Processing Fees, unless otherwise waived, apply whether a Fund or its third party investment managers entered into such transactions with or through State Street or one of its affiliates or a third party dealer or broker. The processing fees are in addition to, and are not to be construed as payments in lieu of, any compensation (as described herein) that may be earned by State Street or any of its affiliates or by a third party dealer or broker in connection with such transaction.

State Street Global Markets, a separate division of State Street, Offers principal or “dealer” trading services as well as agency execution services (which include its proprietary electronic trading platforms) in a variety of asset classes, including most of those described in this schedule. A Fund or its third party fiduciary investment managers may select State Street Global Markets to effect principal or agency transactions; however, any such services, irrespective of whether trade orders are transmitted through State Street’s custody or trustee operations, are conducted under contractual or other arrangements that are distinct from its services and obligations under the Custody Agreement. When State Street or State Street Global Markets acts as a counterparty (e.g., foreign exchange, over the counter derivatives, repurchase transactions) to a Fund, such transactions are principal transactions and State Street or State Street Global Markets enters into them as a dealer and not in a fiduciary, agency or similar capacity (regardless of any other relationships between State Street and the Funds under the Custody Agreement). In connection with such trading or agency execution services, State Street Global Markets may receive compensation from the Funds in a variety of forms, including a commission, click fee, revenue share, spread, mark-up, mark-down, interest, fee or similar amount.

 

4


Column A Custody Agreement

 

STATE STREET BANK AND TRUST COMPANY

SUNAMERICA GLOBAL TRENDS CAYMAN FUND LTD.

SUNAMERICA ALTERNATIVE STRATEGIES CAYMAN FUND LTD.

CONFIDENTIAL FEE SCHEDULE

AS OF OCTOBER 1, 2013

 

APPENDIX 2

FOREIGN CUSTODY - COUNTRY BASED FEES

The Asset Charge is based upon the market value (as determined in accordance with the Fund’s procedures with respect to the calculation of net asset value) of securities held based on custody location as of the end of the billing period on a monthly basis calculated at the annualized rates set forth below. The Transaction Charge is a per trade processing fee charged for processing the settlement of transactions by State Street on behalf of the Fund in connection with the provision of custody services under the Custody Agreement. Any country not listed below will be negotiated and agreed upon prior to investment.

 

MARKET  

ASSET

CHARGE
    (Basis Points)    

    TRANSACTION  
CHARGE
      MARKET      

ASSET

CHARGE
    (Basis Points)    

    TRANSACTION  
CHARGE
Argentina   20.0   $75   Lithuania   20.0   $50
Australia   1.0   $15   Malaysia   3.5   :$40
Austria   2.0   $20   Mali   50.0   $150
Bahrain   35.0   $150   Mauritius   25.0   $125
Bangladesh   45.0   $125   Mexico   3.5   $10
Belgium   1.5   $15   Morocco   30.0   $40
Benin   50.0   $150   Namibia   30.0   $125
Bermuda   15.0   $90   Netherlands   1.1   $12
Botswana   25.0   $100   New Zealand   1.25   $15
Brazil   6.25   $25   Niger   50.0   $150
Bulgaria   30.0   $100   Nigeria   40.0   $80
Burkina Fasco   50.0   $150   Norway   1.25   $25
Canada   0.1   $6   Oman   50.0   $150
Cayman Island   30.0   $75   Pakistan   30.0   $125
Cedel\Clearstream     1.1   $8   Palestine   45.0   $150
Chile   20.0   $70   Panama   30.0   $150
China   14.0   $60   Peru   35.0   $85
Colombia   28.0   $105   Philippines   9.0   $40
Costa Rica   30.0   $75   Poland   10.0   $40
Croatia   30.0   $100   Portugal   4.75   $40
Cyprus   40.0   $125   Puerto Rico   10.0   $75
Czech Republic   11.0   $60   Qatar   30.0   $75
Denmark   1.3   $20   Romania   40.0   $100
Ecuador   20.0   $100   Russia   17.50   $75
Egypt   21.0   $50   Senegal   50.0   $150
Estonia   40.0   $50   Singapore   3.0   $20
Euroclear   1.1   $8   Slovak Republic     30.0   $90
Finland   2.0   $30   Slovenia   30.0   $100
France   1.0   $20   South Africa   2.0   $15
Germany   1.0   $20   South Korea   4.5   $30

 

5


Column A Custody Agreement

 

STATE STREET BANK AND TRUST COMPANY

SUNAMERICA GLOBAL TRENDS CAYMAN FUND LTD.

SUNAMERICA ALTERNATIVE STRATEGIES CAYMAN FUND LTD.

CONFIDENTIAL FEE SCHEDULE

AS OF OCTOBER 1, 2013

 

APPENDIX 2 (CONTINUED)

FOREIGN CUSTODY - COUNTRY BASED FEES

 

MARKET   

ASSET

CHARGE
    (Basis Points)    

     TRANSACTION  
CHARGE
  MARKET   

ASSET

CHARGE
    (Basis Points)    

     TRANSACTION  
CHARGE
Ghana    30.0    $100  

Spain

   1.2    $25
Greece    5.0    $20  

Sri Lanka

   20.0    $100
Guinea-Bissau        50.0    $150  

Swaziland

   30.0    $200
Hong Kong    2.25    $20  

Sweden

   1.1    $20
Hungary    13.0    $75  

Switzerland

   1.2    $15
Iceland    20.0    $50  

Taiwan

   8.0    $40
India    9.0    $100  

Thailand

   5.0    $20
Indonesia    8.75    $40  

Togo

   50.0    $150
Ireland    5.0    $40  

Trinidad & Tobago

   35.0    $100
Israel    11.5    $50  

Tunisia

   45.0    $125
Italy    1.1    $25  

Turkey

   7.0    $50
Ivory Coast    50.0    $150  

Uganda

   50.0    $100
Jamaica    40.0    $125  

Ukraine

   35.0    $150
Japan-Mizuho    1.1    $10  

United Arab Emirates

   40.6    $85
Jordan    30.0    $125  

United Kingdom    

   0.6    $10
Kazakhstan    40.0    $135  

Uruguay

   45.00    $125
Kenya    30.0    $100  

Venezuela

   35.0    $125
Latvia    50.0    $50  

Vietnam

   45.0    $150
Lebanon    30.0    $100  

Zambia

   30.0    $100
                               

 

6


Column A Custody Agreement

 

STATE STREET BANK AND TRUST COMPANY

SUNAMERICA GLOBAL TRENDS CAYMAN FUND LTD.

SUNAMERICA ALTERNATIVE STRATEGIES CAYMAN FUND LTD.

CONFIDENTIAL FEE SCHEDULE

AS OF OCTOBER 1, 2013

 

Appendix 3

BILATERAL PROCESSING RATES

Basic Standard Services:

Category   Driver   Services Included  

Frequency of

Charge

   Rate

Transaction Charge

 

Ø Number of transactions (low complexity instruments)

 

Ø Trade processing (new trades, novations and terminations), and

 

Ø Charge per event per position per Fund

  

$64

   

Ø Number of transactions (high complexity instruments)

 

Ø Payment Services (settlement of upfront and periodic payments)

      

$96

Monthly Instrument

Charge

 

Ø Number of positions (low complexity instruments)

 

Ø Pricing, and

Ø Corporate action and event monitoring

 

Ø Monthly charge per position per Fund

  

$32

   

Ø Number of positions (high complexity instruments)

  

$48

 

7


Column A Custody Agreement

 

STATE STREET BANK AND TRUST COMPANY

SUNAMERICA GLOBAL TRENDS CAYMAN FUND LTD.

SUNAMERICA ALTERNATIVE STRATEGIES CAYMAN FUND LTD.

CONFIDENTIAL FEE SCHEDULE

AS OF OCTOBER 1, 2013

 

APPENDIX 4

CATEGORIZATION EXAMPLES OF HIGH AND LOW COMPLEXITY

 

Low Complexity:

  

High Complexity:

Ø Interest Rate Swaps (IRS)

§  Amortizing

§  Cancelable

§  Vanilla

§  Zero Coupon

§  OIS

§  FRA

§  IR Option

  

Ø Interest Rate Swaps (IRS)

 

§  Swaption

§  Inflation

§  Inflation Zero Coupon

§  Cross Currency

§  NDF

§  NDF Coupon

§  Balance Guaranteed

§  CMM FRA

§  Spread Lock

§  Basis

§  Bullet Pay

Ø Credit Default Swaps (CDS)

 

§  Single Name Corporate/Sovereigns

§  Index

  

Ø Cap, Floor, FX, and Credit Default Swaps (CDS)

 

§  Basket

§  Tranche

§  ABS

§  CMBS

§  LCDS

§  CDO

Ø Equity Derivative

Ø Return Swap

Ø Commodity Swap

Ø CFD

 

8


Column A Custody Agreement

 

STATE STREET BANK AND TRUST COMPANY

SUNAMERICA GLOBAL TRENDS CAYMAN FUND LTD.

SUNAMERICA ALTERNATIVE STRATEGIES CAYMAN FUND LTD.

CONFIDENTIAL FEE SCHEDULE

AS OF OCTOBER 1, 2013

 

APPENDIX 5

CENTRALLY CLEARED SWAPS

 

STANDARD CLEARED SWAPS SERVICES
         
Category    Driver    Services Included    Frequency of Charge    Standard Rates

Transaction

Charge

  

u  Number of automated transactions

  

u  Transaction processed (e.g., trade capture, novations, terminations)

  

u  Charge per transaction per allocated position

   $25
    

u  Number of manual transactions

  

u  Transaction processed (e.g., trade capture, novations, terminations)

  

u  Charge per transaction per allocated position

   $50
Cash Payments   

u  Number of payments (wires)

  

u  Settlement of upfront, periodic payments

  

u  Per Payment

   $5.00
         

Maintenance

Charge

  

u  Number of allocated positions

  

u  Calculation of variation margin

u  Valuation from exchange and Futures Commission Merchant (FCM)

u  Reconciliation with a single FCM per Fund

 

  

u  Monthly charge per allocated position

u  NOTE: For Funds with less than 10 positions, a charge of $100 per Fund per month will be added

   $48
 

 

9


Column A Custody Agreement

 

AMENDMENT TO MASTER CUSTODIAN AGREEMENT

This Amendment to Master Custodian Agreement (“Amendment”) is made as of October 1, 2013, by and between each registered investment company party thereto (each, a “Fund” and collectively, the “Funds”) and State Street Bank and Trust Company (the “Custodian”).

WHEREAS, each Fund and the Custodian entered into that certain Master Custodian Agreement dated as of January 18, 2006 (as amended, modified and supplemented from time to time, the “Agreement”); and

WHEREAS, each Fund and the Custodian desire to amend the Agreement as set forth herein.

NOW THEREFORE, in consideration of the foregoing, each Fund, acting on its own behalf separately from all of the other investment companies and not jointly or jointly and severally with any of the other investment companies, and the Custodian hereby agree to amend the Agreement, pursuant to the terms thereof, as follows:

1.        Section 17 of the Agreement is hereby deleted in its entirety and replaced with the following:

“This Agreement shall remain in full force and effect for an initial term ending September 30, 2017 (the “Initial Term”). After the expiration of the Initial Term, this Agreement shall automatically renew for successive one-year terms (each, a “Renewal Term”) unless a written notice of non-renewal is delivered by the non-renewing party no later than ninety (90) days prior to the expiration of the Initial Term or any Renewal Term, as the case may be. During the Initial Term and thereafter, either party may terminate this Agreement: (i) in the event of the other party’s material breach of a material provision of this Agreement that the other party has either (a) failed to cure or (b) failed to establish a remedial plan to cure that is reasonably acceptable, within 60 days’ written notice of such breach, (ii) in the event of the appointment of a conservator or receiver for the other party or upon the happening of a like event to the other party at the direction of an appropriate agency or court of competent jurisdiction, or (iii) in the event of an “assignment,” as that term is defined under the 1940 Act, of the (a) Agreement, or (b) advisory or management agreement between a Fund and SunAmerica Asset Management Corp. or The Variable Annuity Life Insurance Company. Upon termination of this Agreement pursuant to this paragraph with respect to any Fund or Portfolio, the applicable Fund shall pay Custodian its compensation due and shall reimburse Custodian for its costs, expenses and disbursements up through the termination date.

Termination of this Agreement with respect to any one particular Fund or Portfolio shall in no way affect the rights and duties under this Agreement with respect to any other Fund or Portfolio. The provisions of Section 15 of this Agreement shall survive termination of this Agreement for any reason.”

2.        Section 24 of the Agreement is hereby modified to update the Custodian’s contact information as follows:

 

To any Fund:

    

SunAmerica Asset Management Corp.

    

Harborside Financial Center

    

3200 Plaza 5

    

Jersey City, NJ 07311

    

Attention: Gregory N. Bressler, Senior Vice President and

    

General Counsel

    

Telephone: 201-324-6300

 

1


Column A Custody Agreement

 

    

Telecopy: 201-324-6364”

To the Custodian:

    

STATE STREET BANK AND TRUST COMPANY

    

2 Avenue de Lafayette

    

Boston, MA 021111

    

Attention: Louis D. Abruzzi, Senior Vice President

Telephone: 617-662-0300

    

Telecopy: 617-662-0678”

3.        Appendix A to the Agreement is hereby deleted in its entirety and replaced with the attached Appendix A.

4.        Except as expressly amended by this Amendment, the provisions of the Agreement shall remain in full force and effect.

[Signature page follows.]

 

2


Column A Custody Agreement

 

IN WITNESS WHEREOF, each of the parties hereto has caused this Amendment to be executed in its name and behalf by its duly authorized representative as of the date first written above.

 

EACH MANAGEMENT INVESTMENT COMPANY PARTY
TO THE MASTER CUSTODIAN AGREEMENT

By:

 

/s/ Gregory N. Bressler                    

Name:

 

Gregory N. Bressler

Titles:

 

Secretary,

 

Anchor Series Trust

 

SunAmerica Equity Funds

 

SunAmerica Income Funds

 

SunAmerica Money Market Funds, Inc.

 

SunAmerica Senior Floating Rate Fund, Inc.

 

SunAmerica Series, Inc.

 

SunAmerica Specialty Series

 

Assistant Secretary and Vice President,

 

Seasons Series Trust

 

SunAmerica Series Trust

 

Vice President,

 

VALIC Company I

 

VALIC Company II

STATE STREET BANK AND TRUST COMPANY

By:

 

/s/ Michael F. Rogers                      

Name:

 

Michael F. Rogers

Title:

 

Executive Vice President

 

3


Column A Custody Agreement

 

APPENDIX A

To the

MASTER CUSTODIAN AGREEMENT

Between

EACH VALIC/SUNAMERICA REGISTERED INVESTMENT COMPANY and

STATE STREET BANK AND TRUST COMPANY

Dated as of January 18, 2006

Updated as of October 1, 2013

VALIC Company I

-

Asset Allocation Fund

-

Blue Chip Growth Fund

-

Broad Cap Value Income Fund

-

Capital Conservation Fund

-

Core Equity Fund

-

Dividend Value Fund

-

Dynamic Allocation Fund

-

Emerging Economies Fund

-

Foreign Value Fund

-

Global Real Estate Fund

-

Global Social Awareness Fund

-

Global Strategy Fund

-

Growth Fund

-

Government Securities Fund

-

Growth & Income Fund

-

Health Sciences Fund

-

Inflation Protected Fund

-

International Equities Fund

-

International Government Bond Fund

-

International Growth Fund

-

Large Cap Core Fund

-

Large Capital Growth Fund

-

Mid Cap Index Fund

-

Mid Cap Strategic Growth Fund

-

Money Market I Fund

-

Nasdaq-100® Index Fund

-

Science & Technology Fund

-

Small Cap Aggressive Growth Fund

-

Small Cap Fund

-

Small Cap Index Fund

-

Small Cap Special Values Fund

-

Small-Mid Growth Fund

-

Stock Index Fund

-

Value Fund

 

4


Column A Custody Agreement

 

VALIC Company II

-

Aggressive Growth Lifestyle Fund

-

Capital Appreciation Fund

-

Conservative Growth Lifestyle Fund

-

Core Bond Fund

-

High Yield Bond Fund

-

International Opportunities Fund

-

Large Cap Value Fund

-

Mid Cap Growth Fund

-

Mid Cap Value Fund

-

Moderate Growth Lifestyle Fund

-

Money Market II Fund

-

Small Cap Growth Fund

-

Small Cap Value Fund

-

Socially Responsible Fund

-

Strategic Bond Fund

Seasons Series Trust

-

Allocation Balanced Portfolio

-

Allocation Growth Portfolio

-

Allocation Moderate Growth Portfolio

-

Allocation Moderate Portfolio

-

Asset Allocation: Diversified Growth Portfolio

-

Cash Management Portfolio

-

Diversified Fixed Income Portfolio

-

Focus Growth Portfolio

-

Focus Value Portfolio

-

International Equity Portfolio

-

Large Cap Growth Portfolio

-

Large Cap Value Portfolio

-

Mid Cap Growth Portfolio

-

Mid Cap Value Portfolio

-

Multi-Managed Growth Portfolio

-

Multi-Managed Income/Equity Portfolio

-

Multi-Managed Income Portfolio

-

Multi-Managed Moderate Growth Portfolio

-

Real Return Portfolio

-

Small Cap Portfolio

-

Stock Portfolio

SunAmerica Series Trust

-

American Funds Asset Allocation SAST Portfolio

-

American Funds Global Growth SAST Portfolio

-

American Funds Growth SAST Portfolio

-

American Funds Growth-Income SAST Portfolio

-

Aggressive Growth Portfolio

-

Alliance Growth Portfolio

-

Balanced Portfolio

-

Blue Chip Growth Portfolio

-

Capital Growth Portfolio

-

Cash Management Portfolio

-

Corporate Bond Portfolio

-

Davis Venture Value Portfolio

-

“Dogs” of Wall Street Portfolio

-

Equity Index Portfolio

 

5


Column A Custody Agreement

 

-

Emerging Markets Portfolio

-

Equity Opportunities Portfolio

-

Foreign Value Portfolio

-

Fundamental Growth Portfolio

-

Global Bond Portfolio

-

Global Equities Portfolio

-

Growth-Income Portfolio

-

Growth Opportunities Portfolio

-

High-Yield Bond Portfolio

-

International Diversified Equities Portfolio

-

International Growth and Income Portfolio

-

Marsico Focused Growth Portfolio

-

MFS Massachusetts Investors Trust Portfolio

-

MFS Total Return Portfolio

-

Mid-Cap Growth Portfolio

-

Real Estate Portfolio

-

Small & Mid Cap Value Portfolio

-

Small Company Value Portfolio

-

SunAmerica Dynamic Allocation Portfolio

-

SunAmerica Dynamic Strategy Portfolio

-

Technology Portfolio

-

Telecom Utility Portfolio

-

Total Return Bond Portfolio

-

VCP Managed Asset Allocation SAST Portfolio

-

VCP Total Return Balanced Portfolio

-

VCP Value Portfolio

Anchor Series Trust

-

Asset Allocation Portfolio

-

Capital Appreciation Portfolio

-

Government and Quality Bond Portfolio

-

Growth and Income Portfolio

-

Growth Portfolio

-

Multi-Asset Portfolio

-

Natural Resources Portfolio

-

Strategic Multi-Asset Portfolio

SunAmerica Series, Inc.

-

Focused Dividend Strategy Portfolio

-

SunAmerica Strategic Value Portfolio

-

Focused Multi-Asset Strategy Portfolio

-

Focused Balanced Strategy Portfolio

SunAmerica Equity Funds

-

SunAmerica Value Fund

-

SunAmerica International Dividend Strategy Fund

-

SunAmerica Japan Fund

SunAmerica Income Funds

-

SunAmerica Strategic Bond Fund

-

SunAmerica GNMA Fund

-

SunAmerica High Yield Bond Fund

-

SunAmerica US Government Securities Fund

 

6


Column A Custody Agreement

 

SunAmerica Money Market Fund, Inc.

-

SunAmerica Money Market Fund

SunAmerica Specialty Series

-

2020 High Watermark Fund

-

SunAmerica Alternative Strategies Fund

-

SunAmerica Global Trends Fund

-

SunAmerica Focused Alpha Growth Fund

-

SunAmerica Focused Alpha Large-Cap Fund

-

SunAmerica Income Explorer Fund

SunAmerica Senior Floating Rate Fund, Inc.

 

7


Column A Custody Agreement

 

AMENDMENT TO CUSTODY SERVICES AGREEMENT

This Amendment to Custody Services Agreement (Amendment) is made as of October 1, 2013, by and between SunAmerica Global Trends Cayman Fund Ltd. (the Customer”) and State Street Bank and Trust Company (the Custodian).

WHEREAS, the Customer and the Custodian entered into that certain Custody Services Agreement dated as of June 14, 2011 (as amended, modified and supplemented from time to time, the Agreement”); and

WHEREAS, the Customer and the Custodian desire to amend the Agreement as set forth herein.

NOW THEREFORE, in consideration of the foregoing, the Customer and the Custodian hereby agree to amend the Agreement, pursuant to the terms thereof, as follows:

1.        Section 13 of the Agreement is hereby deleted in its entirety and replaced with the following:

“This Agreement shall become effective as of the date set forth herein and shall remain in full force and effect for an initial term ending September 30, 2017 (the “Initial Term”). After the expiration of the Initial Term, this Agreement shall automatically renew for successive one-year terms (each, a “Renewal Term”) unless a written notice of non-renewal is delivered by the non-renewing party no later than ninety (90) days prior to the expiration of the Initial Term or any Renewal Term, as the case may be. During the Initial Term and thereafter, either party may terminate this Agreement: (i) in the event of the other party’s material breach of a material provision of this Agreement that the other party has either (a) failed to cure or (b) failed to establish a remedial plan to cure that is reasonably acceptable, within 60 days’ written notice of such breach, (ii) in the event of the appointment of a conservator or receiver for the other party or upon the happening of a like event to the other party at the direction of an appropriate agency or court of competent jurisdiction, or (iii) in the event of an “assignment,” as that term is defined under the 1940 Act, of the (a) Agreement, or (b) advisory or management agreement between the Customer and SunAmerica Asset Management Corp, or The Variable Annuity Life Insurance Company. Upon termination of this Agreement pursuant to this paragraph, the Customer shall pay the Custodian its compensation due and shall reimburse the Custodian for its costs, expenses and disbursements up through the termination date.”

2.        Section 15 of the Agreement is hereby modified to update the Customer’s contact information as follows:

 

“With a copy to:

  

SunAmerica Asset Management Corp.

Harborside Financial Center

3200 Plaza 5

Jersey City, NJ 07311

Attention: Gregory N. Bressler, Senior Vice President and

General Counsel

Telephone: 201-324-6300

Telecopy: 201-324-6364”

3.        Except as expressly amended by this Amendment, the provisions of the Agreement shall remain in full force and effect.

 

1


Column A Custody Agreement

 

IN WITNESS WHEREOF, each of the parties hereto has caused this Amendment to be executed in its name and behalf by its duly authorized representative as of the date first written above.

 

STATE STREET BANK AND TRUST COMPANY
By:  

/s/ Michael F. Rogers                  

  Name:  

Michael F. Rogers

  Title:  

Executive Vice President

SUNAMERICA GLOBAL TRENDS CAYMAN FUND LTD.
By:  

/s/ John Genoy                    

             Name:  

John Genoy

 

Title:

 

Director

 

2


Column A Custody Agreement

 

AMENDMENT TO ADMINISTRATIVE SERVICES AGREEMENT

This Amendment to Administrative Services Agreement (“Amendment”) is made as of October 1, 2013, by and between SunAmerica Alternative Strategies Cayman Fund Ltd. (the “Fund”) and State Street Cayman Trust Company, Ltd. (the Administrator”).

WHEREAS, the Fund and the Administrator entered into that certain Administrative Services Agreement dated as of November 3, 2008 (as amended, modified and supplemented from time to time, the Agreement”); and

WHEREAS, the Fund and the Administrator desire to amend the Agreement as set forth herein.

NOW THEREFORE, in consideration of the foregoing, the Fund and the Administrator hereby agree to amend the Agreement, pursuant to the terms thereof, as follows:

1.        Section 18 of the Agreement is hereby deleted in its entirety and replaced with the following:

“This Agreement shall become effective as of the date set forth herein and shall remain in full force and effect for an initial term ending September 30, 2017 (the Initial Term”). After the expiration of the Initial Term, this Agreement shall automatically renew for successive one-year terms (each, a Renewal Term”) unless a written notice of non-renewal is delivered by the non-renewing party no later than ninety (90) days prior to the expiration of the Initial Term or any Renewal Term, as the case may be. During the Initial Term and thereafter, either party may terminate this Agreement: (i) in the event of the other party’s material breach of a material provision of this Agreement that the other party has either (a) failed to cure or (b) failed to establish a remedial plan to cure that is reasonably acceptable, within 60 days’ written notice of such breach, (ii) in the event of the appointment of a conservator or receiver for the other party or upon the happening of a like event to the other party at the direction of an appropriate agency or court of competent jurisdiction, or (iii) in the event of an “assignment,” as that term is defined under the 1940 Act, of the (a) Agreement, or (b) advisory or management agreement between the Fund and SunAmerica Asset Management Corp. or The Variable Annuity Life Insurance Company. Upon termination of this Agreement pursuant to this paragraph, the Fund shall pay Administrator its compensation due and shall reimburse Administrator for its costs, expenses and disbursements up through the termination date.”

2.        Section 22 of the Agreement is hereby modified to update the Fund’s contact information as follows:

 

“With a copy to:        

   SunAmerica Asset Management Corp.
   Harborside Financial Center
   3200 Plaza 5
  

Jersey City, NJ 07311

Attention: Gregory N. Bressler, Senior Vice President and
General Counsel

  

Telephone: 201-324-6300

Telecopy: 201-324-6364”

3.        Except as expressly amended by this Amendment, the provisions of the Agreement shall remain in full force and effect.

 

1


Column A Custody Agreement

 

IN WITNESS WHEREOF, each of the parties hereto has caused this Amendment to be executed in its name and behalf by its duly authorized representative as of the date first written above.

 

STATE STREET CAYMAN TRUST COMPANY, LTD.

By:    

 

/s/ Nancy Lewis

 

Name:

 

Nancy Lewis

 

Title:

 

Asst. Secretary

SUNAMERICA ALTERNATIVE STRATEGIES CAYMAN FUND LTD.

By:

 

                      

 

Name:

 
 

Title:

 

 

2


Column A Custody Agreement

 

IN WITNESS WHEREOF, each of the parties hereto has caused this Amendment to be executed in its name and behalf by its duly authorized representative as of the date first written above.

 

STATE STREET CAYMAN TRUST COMPANY, LTD.

By:    

 

 

 

Name:

 
 

Title:

 
SUNAMERICA ALTERNATIVE STRATEGIES CAYMAN FUND LTD.

By:

 

/s/ John Genoy

 

Name:

 

John Genoy

 

Title:

 

Director

 

2


Column A Custody Agreement

 

AMENDMENT TO CUSTODY SERVICES AGREEMENT

This Amendment to Custody Services Agreement (“Amendment”) is made as of October 1, 2013, by and between SunAmerica Alternative Strategies Cayman Fund Ltd. (the “Customer”) and State Street Bank and Trust Company (the “Custodian”).

WHEREAS, the Customer and the Custodian entered into that certain Custody Services Agreement dated as of November 3, 2008 (as amended, modified and supplemented from time to time, the “Agreement”); and

WHEREAS, the Customer and the Custodian desire to amend the Agreement as set forth herein.

NOW THEREFORE, in consideration of the foregoing, the Customer and the Custodian hereby agree to amend the Agreement, pursuant to the terms thereof, as follows:

1.        Section 13 of the Agreement is hereby deleted in its entirety and replaced with the following:

“This Agreement shall become effective as of the date set forth herein and shall remain in full force and effect for an initial term ending September 30, 2017 (the “Initial Term”). After the expiration of the Initial Term, this Agreement shall automatically renew for successive one-year terms (each, a “Renewal Term”) unless a written notice of non-renewal is delivered by the non-renewing party no later than ninety (90) days prior to the expiration of the Initial Term or any Renewal Term, as the case may be. During the Initial Term and thereafter, either party may terminate this Agreement: (i) in the event of the other party’s material breach of a material provision of this Agreement that the other party has either (a) failed to cure or (b) failed to establish a remedial plan to cure that is reasonably acceptable, within 60 days’ written notice of such breach, (ii) in the event of the appointment of a conservator or receiver for the other party or upon the happening of a like event to the other party at the direction of an appropriate agency or court of competent jurisdiction, or (iii) in the event of an “assignment,” as that term is defined under the 1940 Act, of the (a) Agreement, or (b) advisory or management agreement between the Customer and SunAmerica Asset Management Corp. or The Variable Annuity Life Insurance Company, Upon termination of this Agreement pursuant to this paragraph, the Customer shall pay the Custodian its compensation due and shall reimburse the Custodian for its costs, expenses and disbursements up through the termination date.”

2.        Section 15 of the Agreement is hereby modified to update the Customer’s contact information as follows:

 

“With a copy to:        

  

SunAmerica Asset Management Corp.

  

Harborside Financial Center

  

3200 Plaza 5

  

Jersey City, NJ 07311

  

Attention: Gregory N. Bressler, Senior Vice President and

  

General Counsel

  

Telephone: 201-324-6300

  

Telecopy: 201-324-6364”

3.        Except as expressly amended by this Amendment, the provisions of the Agreement shall remain in full force and effect.

 

1


Column A Custody Agreement

 

IN WITNESS WHEREOF, each of the parties hereto has caused this Amendment to be executed in its name and behalf by its duly authorized representative as of the date first written above.

 

STATE STREET BANK AND TRUST COMPANY

By:    

 

/s/ Michael F. Rogers

 

Name:

 

Michael F. Rogers

 

Title:

 

Executive Vice President

SUNAMERICA ALTERNATIVE STRATEGIES CAYMAN FUND LTD.

By:

 

/s/ John Genoy

 

Name:

 

John Genoy

 

Title:

 

Director

 

2


Column A Custody Agreement

 

AMENDMENT TO ADMINISTRATIVE SERVICES AGREEMENT

This Amendment to Administrative Services Agreement (“Amendment”) is made as of October 1, 2013, by and between SunAmerica Global Trends Cayman Fund Ltd. (the “Fund”) and State Street Cayman Trust Company, Ltd. (the “Administrator”).

WHEREAS, the Fund and the Administrator entered into that certain Administrative Services Agreement dated as of June 14, 2011 (as amended, modified and supplemented from time to time, the “Agreement”); and

WHEREAS, the Fund and the Administrator desire to amend the Agreement as set forth herein.

NOW THEREFORE, in consideration of the foregoing, the Fund and the Administrator hereby agree to amend the Agreement, pursuant to the terms thereof, as follows:

1.         Section 18 of the Agreement is hereby deleted in its entirety and replaced with the following:

“This Agreement shall become effective as of the date set forth herein and shall remain in full force and effect for an initial term ending September 30, 2017 (the “Initial Term”). After the expiration of the Initial Term, this Agreement shall automatically renew for successive one-year terms (each, a “Renewal Term”) unless a written notice of non-renewal is delivered by the non-renewing party no later than ninety (90) days prior to the expiration of the Initial Term or any Renewal Term, as the case may be. During the Initial Term and thereafter, either party may terminate this Agreement. (i) in the event of the other party’s material breach of a material provision of this Agreement that the other party has either (a) failed to cure or (b) failed to establish a remedial plan to cure that is reasonably acceptable, within 60 days’ written notice of such breach, (ii) in the event of the appointment of a conservator or receiver for the other party or upon the happening of a like event to the other party at the direction of an appropriate agency or court of competent jurisdiction, or (iii) in the event of an “assignment,” as that term is defined under the 1940 Act, of the (a) Agreement, or (b) advisory or management agreement between the Fund and SunAmerica Asset Management Corp. or The Variable Annuity Life Insurance Company. Upon termination of this Agreement pursuant to this paragraph, the Fund shall pay Administrator its compensation due and shall reimburse Administrator for its costs, expenses and disbursements up through the termination date.”

2.         Section 22 of the Agreement is hereby modified to update the Fund’s contact information as follows:

 

“With a copy to:          

  

SunAmerica Asset Management Corp.

  

Harborside Financial Center

  

3200 Plaza 5

  

Jersey City, NJ 07311

  

Attention: Gregory N. Bressler, Senior Vice President and

  

General Counsel

  

Telephone: 201-324-6300

  

Telecopy: 201-324-6364”

3.         Except as expressly amended by this Amendment, the provisions of the Agreement shall remain in full force and effect.

 

1


Column A Custody Agreement

 

IN WITNESS WHEREOF, each of the parties hereto has caused this Amendment to be executed in its name and behalf by its duly authorized representative as of the date first written above.

 

STATE STREET CAYMAN TRUST COMPANY, LTD.

By:    

 

/s/ Nancy Lewis

 

Name:

 

Nancy Lewis

 

Title:

 

Asst. Secretary

SUNAMERICA GLOBAL TRENDS CAYMAN FUND LTD.

By:

 

                     

 

Name:

 
 

Title:

 

 

2


Column A Custody Agreement

 

IN WITNESS WHEREOF, each of the parties hereto has caused this Amendment to be executed in its name and behalf by its duly authorized representative as of the date first written above.

 

STATE STREET CAYMAN TRUST COMPANY, LTD.

By:    

 

 

 

Name:

 
 

Title:

 
SUNAMERICA GLOBAL TRENDS CAYMAN FUND LTD.

By:

 

/s/ John Genoy

 

Name:

 

John Genoy

 

Title:

 

Director

 

2