EX-99.B(D)(2)(III) 5 dex99bd2iii.htm APPENDIX A TO THE INVESTMENT SUB-ADVISORY AGREEMENT Appendix A to the Investment Sub-Advisory Agreement

EX-99.B(d)(2)(iii)

 

WELLS FARGO VARIABLE TRUST

 

WELLS CAPITAL MANAGEMENT INCORPORATED

INVESTMENT SUB-ADVISORY AGREEMENT

 

Appendix A

 

Variable Trust Funds

 

Asset Allocation Fund

C&B Large Cap Value Fund1 (currently named the Equity Value Fund)

Discovery Fund*

Equity Income Fund

International Core Fund2 (currently named the International Equity Fund)

Large Company Core Fund3 (currently named the Growth Fund)

Money Market Fund

Multi-Cap Value Fund*

Opportunity Fund*

Small Cap Growth Fund

Total Return Bond Fund

 

Most Recent Annual Approval Date: April 4, 2005

 

Appendix A amended: February 8, 2005

 

* On August 10, 2004, the Board of Trustees approved the reorganization of certain Strong Funds into certain Funds of the Trust. In connection with this reorganization, this Fund is expected to commence operations on April 11, 2005.
1 On November 2, 2004 and February 8, 2005, the Board of Trustees approved certain Fund name changes. Effective April 11, 2005, the Equity Value Fund will be renamed the C&B Large Cap Value Fund. On November 2, 2004, the Board of Trustees approved Cooke & Bieler, L.P. to replace Wells Capital Management Incorporated as the sub-adviser to this Fund.
2 On November 2, 2004, the Board of Trustees approved certain Fund name changes. Effective April 11, 2005, the International Equity Fund will be renamed the International Core Fund. On August 10, 2004, the Board of Trustees approved New Star Institutional Managers Limited to replace Wells Capital Management Incorporated as the sub-adviser to this Fund.
3 On November 2, 2004, the Board of Trustees approved certain Fund name changes. Effective April 11, 2005, the Growth Fund will be renamed the Large Company Core Fund. On November 2, 2004, the Board of Trustees approved Matrix Asset Advisers, Inc. to replace Wells Capital Management Incorporated as the sub-adviser to this Fund.

 

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SCHEDULE A

 

WELLS FARGO VARIABLE TRUST

INVESTMENT SUB-ADVISORY AGREEMENT

FEE AGREEMENT

 

This fee agreement is made as of the 1st day of May, 2003, between Wells Fargo Funds Management, LLC (the “Adviser”) and Wells Capital Management Incorporated (the “Sub-Adviser”) and

 

WHEREAS, the parties and Wells Fargo Variable Trust (the “Trust”) have entered into an Investment Sub-Advisory Agreement (“Sub-Advisory Agreement”) whereby the Sub-Adviser provides investment management advice to each series of the Trust as listed in Schedule A to the Sub-Advisory Agreement (each a “Fund” and collectively the “Funds”).

 

WHEREAS, the Sub-Advisory Agreement provides that the fees to be paid to the Sub-Adviser are to be as agreed upon in writing by the parties.

 

NOW THEREFORE, the parties agree that the fees to be paid to the Sub-Adviser under the Sub-Advisory Agreement shall be calculated as follows on a monthly basis by applying the following annual rates listed for each Fund listed in Appendix A.

 

Name of Fund

    Sub-advisory Rate

Asset Allocation Fund

    0-1000M
>1000M		    0.15
0.10

C&B Large Cap Value Fund1

(currently named the Equity Value Fund)

    0-200M
200-400M
>400M		    0.25
0.20
0.15

Discovery Fund*

    0-200M
>200M		    0.35
0.30

Equity Income Fund

    0-200M
200M-400M
>400M		    0.25
0.20
0.15
* On August 10, 2004, the Board of Trustees approved the reorganization of certain Strong Funds into certain Funds of the Trust. In connection with this reorganization, this Fund is expected to commence operations on April 11, 2005.
1 On November 2, 2004 and February 8, 2005, the Board of Trustees approved certain Fund name changes. Effective April 11, 2005, the Equity Value Fund will be renamed the C&B Large Cap Value Fund. On November 2, 2004, the Board of Trustees approved Cooke & Bieler, L.P. to replace Wells Capital Management Incorporated as the sub-adviser to this Fund.

 

 

2

Name of Fund

    Sub-advisory Rate

International Core Fund1 (currently the International Equity Fund)

    0-200M
>200M		    0.35
0.25

Large Company Core Fund2 (currently named the Growth Fund)

    0-200M
200-400M
>400M		    0.25
0.20
0.15

Money Market Fund

    0-1000M
>1000M		    0.05
0.04

Multi-Cap Value Fund*

    0-200M
>200M		    0.35
0.30

Opportunity Fund*

    0-200M
>200M		    0.35
0.30

Small Cap Growth Fund

    0-200M
>200M		    0.25
0.20

Total Return Bond Fund

    0-400M
400-800M
>800M		    0.15
0.125
0.10

 

The foregoing fee schedule is agreed to as of February 8, 2005 and shall remain in effect until changed in writing by the parties.

 

WELLS FARGO FUNDS MANAGEMENT, LLC
By:  

/s/ Andrew Owen

    Andrew Owen
   

Senior Vice President

 

WELLS CAPITAL MANAGEMENT INCORPORATED
By:  

/s/ David O’Keefe

    David O’Keefe
    Chief Financial Officer
* On August 10, 2004, the Board of Trustees approved the reorganization of certain Strong Funds into certain Funds of the Trust. In connection with this reorganization, this Fund is expected to commence operations on April 11, 2005.
1 On November 2, 2004, the Board of Trustees approved certain Fund name changes. Effective April 11, 2005, the International Equity Fund will be renamed the International Core Fund. On August 10, 2004, the Board of Trustees approved New Star Institutional Managers Limited to replace Wells Capital Management Incorporated as the sub-adviser to this Fund.
2 On November 2, 2004, the Board of Trustees approved certain Fund name changes. Effective April 11, 2005, the Growth Fund will be renamed the Large Company Core Fund. On November 2, 2004, the Board of Trustees approved Matrix Advisers to replace Wells Capital Management Incorporated as the sub-adviser to this Fund.

 

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