EX-99.(D)(4) 4 ex99-d4.htm AMENDED SCHEDULE A TO INVESTMENT SUB-ADVISORY AGREEMENT
 

REX ETF Trust 485BPOS

Exhibit 99.(d)(4)

 

SCHEDULE A
to the
INVESTMENT SUB-ADVISORY AGREEMENT

 

Dated April 30, 2025 by and among REX ADVISERS, LLC
and
VIDENT ADVISORY, LLC
and
REX ETF TRUST

 

The Adviser will pay to the Sub-Adviser as compensation for the Sub-Adviser’s services rendered, a fee, computed daily at an annual rate in accordance with the following fee schedule:

 

Fund   Rate
REX COIN Covered Call ETF   0.07% on the first $250 million,
0.065% on the next $250 million,
0.06% on the next $500 million, and
0.05% on all assets over $1 billion
     
REX MSTR Covered Call ETF   0.07% on the first $250 million,
0.065% on the next $250 million,
0.06% on the next $500 million, and
0.05% on all assets over $1 billion
     
REX NVDA Covered Call ETF   0.07% on the first $250 million,
0.065% on the next $250 million,
0.06% on the next $500 million, and
0.05% on all assets over $1 billion
     
REX TSLA Covered Call ETF   0.07% on the first $250 million,
0.065% on the next $250 million,
0.06% on the next $500 million, and
0.05% on all assets over $1 billion
     
REX Drone ETF   0.04% on the first $250 million,
0.03% on the next $250 million, and
0.02% on all assets over $500 million

 

For the first thirteen (13) Funds actively-managed by the Sub-Adviser across all Trusts, the minimum annual fee to be paid to the Sub-Adviser will be calculated as $50,000 multiplied by the number of Funds managed by the Sub-Adviser. For example, if the Sub-Adviser were to manage two Funds, the minimum annual fee would be calculated as $100,000. For each passively-managed Fund, the minimum annual fee to be paid to the Sub-Adviser will be $25,000.

 

The fee of the Sub-Adviser will accrue and be payable monthly in arrears. The Adviser will pay the Sub-Adviser the amount payable pursuant to any invoice not later than: (i) ten (10) days after the last day of the month during which the services for the payment of which the fee is payable were rendered; or (ii) ten (10) days after receipt by the Adviser of the Sub-Adviser’s invoice with respect to that month.