EX-99.28.D.9 3 fp0030640_ex9928d9.htm

 

Addendum to the Schedule A
to the
Sub-Advisory Agreement
by and between
Exchange Traded Concepts, LLC
and
Penserra Capital Management, LLC

 

Revised January 24, 2017

 

Sub-Advisory Fee. Pursuant to Section 4, the Adviser shall pay the Sub-Adviser compensation at an annual rate based on a percentage of the average daily net asset of each Fund as follows:

 

Fund Rate Effective Date
EMQQ The Emerging Markets Internet and Ecommerce ETF (EMQQ) The greater of 5 bps or $25,000
annual minimum
June 12, 2015
The ETF Industry Exposure &
Financial Services ETF (TETF)
The greater of 5 bps or $20,000
annual minimum
April 1, 2017

Innovation Shares NextGen Protocol

ETF

The greater of:

5 bps on first $500 million

4 bps on next $500 million

3 bps on assets greater than $1

billion

 

OR

 

$20,000 annual minimum

January 24, 2018
Innovation Shares NextGen Vehicles
& Technology ETF

The greater of:

5 bps on first $500 million
4 bps on next $500 million
3 bps on assets greater than $1
billion

OR

$15,000 annual minimum

January 24, 2018

 

Agreed and accepted:

 

ADVISER:   SUB-ADVISER:  
Exchange Traded Concepts, LLC   Penserra Capital Management, LLC  
       
By: /s/ J. Garrett Stevens   By: /s/ Dustin Lewellyn  
Name: J. Garrett Stevens   Name: Dustin Lewellyn  
Title: Chief Executive Officer   Title: Chief Investment Officer