EX-99.B(D)(1)(V) 3 a17-14916_1ex99dbd1v.htm EX-99.B(D)(1)(V)

Exhibit (d)(1)(v)

 

 

July 14, 2017

 

Mr. Todd Modic

Senior Vice President

Voya Investments, LLC

7337 East Doubletree Ranch Road

Suite 100

Scottsdale, AZ 85258

 

Dear Mr. Modic:

 

Pursuant to the Investment Management Agreement, dated November 18, 2014, as amended and restated on May 1, 2015, as amended, between Voya Mutual Funds (“VMF”) and Voya Investments, LLC (the “Agreement”), we hereby notify you of our intention to retain you as Manager to render investment advisory services to Voya CBRE Global Infrastructure Fund and Voya CBRE Long/Short Fund (together, the “Funds”), each a newly established series of VMF, effective on July 14, 2017, upon all of the terms and conditions set forth in the Agreement.

 

Upon your acceptance, the Agreement will be modified to give effect to the foregoing by adding the Funds to Amended Schedule A of the Agreement.  The Amended Schedule A, which indicates the annual investment management fees for the Funds, is attached hereto.

 

Please signify your acceptance to act as Manager to the aforementioned Funds under the Agreement with respect to the Funds by signing below where indicated.

 

 

 

Very sincerely,

 

 

 

 

 

 

 

By:

/s/ Kimberly A. Anderson

 

 

Kimberly A. Anderson

 

 

Senior Vice President

 

 

Voya Mutual Funds

 

ACCEPTED AND AGREED TO:

Voya Investments, LLC

 

By:

/s/ Todd Modic

 

Name:

Todd Modic

 

Title:

Senior Vice President, Duly Authorized

 

 

 


 

AMENDED SCHEDULE A

 

with respect to the

 

AMENDED AND RESTATED INVESTMENT MANAGEMENT AGREEMENT

 

between

 

VOYA MUTUAL FUNDS

 

and

 

VOYA INVESTMENTS LLC

 

Series

 

Effective Date

 

Annual Investment Management Fee
(as a percentage of average daily net assets)

Voya CBRE Global Infrastructure Fund

 

July 14, 2017

 

1.000% on all assets

Voya CBRE Long/Short Fund

 

July 14, 2017

 

1.350% on all assets

Voya Diversified Emerging Markets Debt Fund

 

May 1, 2015

 

0.800% on all assets

Voya Diversified International Fund

 

May 1, 2015

 

Direct Investments(1)
0.400% on assets
Underlying Funds(2)
0.100% on assets

Voya Emerging Markets Equity Dividend Fund

 

May 1, 2015

 

1.100% on the first $100 million of assets;
1.000% on the next $150 million of assets; and
0.900% thereafter

Voya Global Bond Fund

 

May 1, 2015

 

0.500% on all assets

Voya Global Corporate Leaders® 100 Fund

 

December 5, 2016

 

0.500% on all assets

 

(1)         “Direct Investments” shall mean assets which are not Underlying Funds.

 

(2)         “Underlying Funds” shall mean open-end investment companies registered under the 1940 Act within the Voya family of funds.  The phrase “family of funds” shall have the same meaning as “fund complex” as defined in Item 17 of Form N-1A, as it was in effect on May 1, 2015.

 


 

Series

 

Effective Date

 

Annual Investment Management Fee
(as a percentage of average daily net assets)

Voya Global Equity Dividend Fund

 

May 1, 2015

 

0.800% on the first $500 million of assets;
0.780% on the next $500 million of assets; and
0.760% thereafter

Voya Global Equity Fund (formerly, Voya Global Value Advantage Fund)

 

Close of business on May 22, 2015

 

0.950% on the first $500 million of assets;
0.900% on the next $500 million of assets; and
0.825% thereafter

Voya Global High Dividend Low Volatility Fund

 

December 5, 2016

 

0.500% on all assets

Voya Global Perspectives® Fund

 

May 1, 2015

 

Direct Investments(1)
0.400% on assets
Underlying Funds(2)
0.200% on assets

Voya Global Real Estate Fund

 

May 1, 2015

 

0.900% of the first $250 million of assets;
0.875% of the next $250 million of assets; and
0.800% thereafter

Voya International Real Estate Fund

 

May 1, 2015

 

1.100% on the first $250 million of assets;
1.000% on the next $250 million of assets; and
0.900% thereafter

Voya Multi-Manager Emerging Markets Equity Fund

 

May 1, 2015

 

1.100% on all assets

Voya Multi-Manager International Equity Fund

 

May 1, 2015

 

0.850% on all assets

 

(1)         “Direct Investments” shall mean assets which are not Underlying Funds.

 

(2)         “Underlying Funds” shall mean open-end investment companies registered under the 1940 Act within the Voya family of funds.  The phrase “family of funds” shall have the same meaning as “fund complex” defined in Item 17 of Form N-1A, as it was in effect on May 1, 2015.

 


 

Series

 

Effective Date

 

Annual Investment Management Fee
(as a percentage of average daily net assets)

Voya Multi-Manager International Factors Fund (formerly, Voya International Core Fund)

 

Close of business on January 20, 2017

 

0.650% on all assets

Voya Multi-Manager International Small Cap Fund

 

May 1, 2015

 

1.100% of the first $500 million of assets;
1.000% of the next $500 million of assets; and
0.950% thereafter

Voya Russia Fund

 

May 1, 2015

 

1.350% on all assets