EX-99.D3 3 accp41017ex99d3.htm EXHIBIT 99.D3 AMENDMENT NO. 2 TO MGMT AGREEMENT Exhibit


American Century Capital Portfolios, Inc.

AMENDMENT NO. 2 TO RESTATED MANAGEMENT AGREEMENT

THIS AMENDMENT NO. 2 TO RESTATED MANAGEMENT AGREEMENT (“Amendment”) is effective as of the 10th day of April, 2017, by and between AMERICAN CENTURY CAPITAL PORTFOLIOS, INC., a Maryland corporation (hereinafter called the “Corporation”), and AMERICAN CENTURY INVESTMENT MANAGEMENT, INC., a Delaware corporation (hereinafter called the “Investment Manager”).

WHEREAS, the Corporation and the Investment Manager are parties to a certain Restated Management Agreement effective as of August 1, 2011, and amended effective July 26, 2013 (“Agreement”);

WHEREAS, the parties hereto desire to enter into this Amendment to reflect the elimination of B Class of shares for the Value Fund, Large Company Value Fund, and Equity Income Fund;

WHEREAS, the parties hereto desire to enter into this Amendment to change the name of the Institutional Class of common stock to I Class for the series of shares titled Equity Income Fund, Value Fund, Real Estate Fund, Small Cap Value Fund, Mid Cap Value Fund, and Large Company Value Fund;

WHEREAS, the parties hereto desire to enter into this Amendment to reflect the addition of a duly established new R5 Class for the series of shares titled Equity Income Fund, Value Fund, Real Estate Fund, Small Cap Value Fund, Mid Cap Value Fund, and Large Company Value Fund;

WHEREAS, the parties hereto desire to enter into this Amendment to reflect the addition of a duly established new Y Class for the series of shares titled Equity Income Fund, Value Fund, Real Estate Fund, Small Cap Value Fund, and Mid Cap Value Fund; and

WHEREAS, the parties hereto desire to enter into this Amendment to reflect the addition of a duly established new T Class for the series of shares titled Equity Income Fund and Value Fund.

NOW, THEREFORE, IN CONSIDERATION of the mutual promises and agreements herein contained, the parties agree as follows:

1.    Amendment of Schedule A. Schedule A to the Agreement is hereby amended by deleting it in its entirety and inserting in lieu therefor the Schedule A attached hereto.

2.    Ratification and Confirmation of Agreement. In the event of a conflict between the terms of this Amendment and the Agreement, it is the intention of the parties that the terms of this Amendment shall control and the Agreement shall be interpreted on that basis. To the extent the provisions of the Agreement have not been amended by this Amendment, the parties hereby confirm and ratify the Agreement.




American Century Capital Portfolios, Inc.


3.    Full Force and Effect. Except as expressly supplemented, amended or consented to hereby, all of the representations, warranties, terms, covenants and conditions of the Agreement shall remain unamended and shall continue to be in full force and effect.

IN WITNESS WHEREOF, the parties have caused this Amendment to be duly executed by their respective duly authorized officers to be effective as of the day and year first above written.
American Century Investment Management, Inc.
American Century Capital Portfolios, Inc.
/s/ Otis H. Cowan
/s/ Charles A. Etherington
Otis H. Cowan
Vice President
Charles A. Etherington
Senior Vice President

    


2



American Century Capital Portfolios, Inc.
Schedule A
Fee Schedules

Series
Investment Strategy Assets
Fee Schedule by Class
Investor
I
A
C
R
R6
R5
T
Y
Value Fund
First $2.5 billion
1.000%
0.800%
1.000%
1.000%
1.000%
0.650%
0.800%
1.000%
0.650%
 
Next $1.0 billion
0.950%
0.750%
0.950%
0.950%
0.950%
0.600%
0.750%
0.950%
0.600%
 
Next $1.0 billion
0.900%
0.700%
0.900%
0.900%
0.900%
0.550%
0.700%
0.900%
0.550%
 
Over $4.5 billion
0.850%
0.650%
0.850%
0.850%
0.850%
0.500%
0.650%
0.850%
0.500%
Small Cap Value
First $2.5 billion
1.250%
1.050%
1.250%
1.250%
1.250%
0.900%
1.050%
n/a
0.900%
Fund
Over $2.5 billion
1.000%
0.800%
1.000%
1.000%
1.000%
0.650%
0.800%
n/a
0.650%
Mid Cap Value Fund
All Assets
1.000%
0.800%
1.000%
1.000%
1.000%
0.650%
0.800%
n/a
0.650%
Large Company
First $1.0 billion
0.900%
0.700%
0.900%
0.900%
0.900%
0.550%
0.700%
n/a
n/a
Value Fund
Next $4.0 billion
0.800%
0.600%
0.800%
0.800%
0.800%
0.450%
0.600%
n/a
n/a
 
Over $5.0 billion
0.700%
0.500%
0.700%
0.700%
0.700%
0.350%
0.500%
n/a
n/a
Equity Income Fund
First $2.5 billion
1.000%
0.800%
1.000%
1.000%
1.000%
0.650%
0.800%
1.000%
0.650%
 
Next $2.5 billion
0.950%
0.750%
0.950%
0.950%
0.950%
0.600%
0.750%
0.950%
0.600%
 
Next $5.0 billion
0.900%
0.700%
0.900%
0.900%
0.900%
0.550%
0.700%
0.900%
0.550%
 
Next $5.0 billion
0.850%
0.650%
0.850%
0.850%
0.850%
0.500%
0.650%
0.850%
0.500%
 
Over $15.0 billion
0.800%
0.600%
0.800%
0.800%
0.800%
0.450%
0.600%
0.800%
0.450%
Real Estate Fund
First $100 million
1.200%
1.000%
1.200%
1.200%
1.200%
0.850%
1.000%
n/a
0.850%
 
Next $900 million
1.150%
0.950%
1.150%
1.150%
1.150%
0.800%
0.950%
n/a
0.800%
 
Next $1 billion
1.100%
0.900%
1.100%
1.100%
1.100%
0.750%
0.900%
n/a
0.750%
 
Next $500 million
1.050%
0.850%
1.050%
1.050%
1.050%
0.700%
0.850%
n/a
0.700%
 
Over $2.5 billion
1.000%
0.800%
1.000%
1.000%
1.000%
0.650%
0.800%
n/a
0.650%







A-1



American Century Capital Portfolios, Inc.
Series
Investment Strategy Assets
Fee Schedule by Class
Investor
Institu-tional
A
C
R
R6
R5
T
Y
 
Over $2.5 billion
1%
0.8%
1%
1%
1%
0.65%
0.8%
n/a
0.65%


Series
Investment Strategy Assets
Fee Schedule by Class
Investor
Institu-tional
A
C
R
R6
R5
T
Y
NT Mid Cap Value Fund
All Assets
n/a
0.800%
n/a
n/a
n/a
0.650%
n/a
n/a
n/a
NT Large Company
First $1.0 billion
n/a
0.700%
n/a
n/a
n/a
0.550%
n/a
n/a
n/a
Value Fund
Next $4.0 billion
n/a
0.600%
n/a
n/a
n/a
0.450%
n/a
n/a
n/a
 
Over $5.0 billion
n/a
0.500%
n/a
n/a
n/a
0.350%
n/a
n/a
n/a



A-2