AMENDMENT NO. 12 TO THE AMENDED AND RESTATED MUTUAL FUNDS SERVICE AGREEMENT
Exhibit (h)(1)(xiii)
AMENDMENT NO. 12
TO THE
AMENDED AND RESTATED MUTUAL FUNDS SERVICE AGREEMENT
AMENDMENT NO. 12, dated as of December 5, 2019 (“Amendment No. 12”), to the Amended and Restated Mutual Funds Service Agreement dated as of April 1, 2015 (“Agreement”), as amended, between EQ Advisors Trust, a Delaware statutory trust (“Trust”), and AXA Equitable Funds Management Group, LLC, a Delaware limited liability company (“FMG LLC” or “Administrator”).
The Trust and FMG LLC agree to modify the Agreement as follows:
| 1. | Section 4 (b)(ii) in the Agreement is revised as follows: In connection with providing the services identified above, FMG LLC will also: provide, without additional remuneration from or other cost to the Trust except for out-of-pocket expenses, the services of individuals to serve as officers of the Trust who will be designated by FMG LLC and elected by the Board subject to reasonable Board approval, provided, that this provision shall not be construed in a manner that would prohibit the Trust from paying any portion of the compensation of the Trust’s Chief Compliance Officer. |
| 2. | Name Changes. The following Portfolios’ names were changed: |
| Current Portfolio Name |
New Portfolio Name | |
| AXA 2000 Managed Volatility Portfolio | EQ/2000 Managed Volatility Portfolio | |
| AXA 400 Managed Volatility Portfolio | EQ/400 Managed Volatility Portfolio | |
| AXA 500 Managed Volatility Portfolio | EQ/500 Managed Volatility Portfolio | |
| AXA Aggressive Strategy Portfolio | EQ/Aggressive Growth Strategy Portfolio | |
| AXA Balanced Strategy Portfolio | EQ/Balanced Strategy Portfolio | |
| AXA Conservative Growth Strategy Portfolio | EQ/Conservative Growth Strategy Portfolio | |
| AXA Conservative Strategy Portfolio | EQ/Conservative Strategy Portfolio | |
| AXA Global Equity Managed Volatility Portfolio | EQ/Global Equity Managed Volatility Portfolio | |
| AXA Growth Strategy Portfolio | EQ/Growth Strategy Portfolio | |
| AXA International Core Managed Volatility Portfolio | EQ/International Core Managed Volatility Portfolio | |
| AXA International Managed Volatility Portfolio | EQ/International Managed Volatility Portfolio | |
| AXA International Value Managed Volatility Portfolio | EQ/International Value Managed Volatility Portfolio | |
| AXA Large Cap Core Managed Volatility Portfolio | EQ/Large Cap Core Managed Volatility Portfolio | |
| AXA Large Cap Growth Managed Volatility Portfolio | EQ/Large Cap Growth Managed Volatility Portfolio | |
| Current Portfolio Name |
New Portfolio Name | |
| AXA Large Cap Value Managed Volatility Portfolio | EQ/Large Cap Value Managed Volatility Portfolio | |
| AXA Mid Cap Value Managed Volatility Portfolio | EQ/Mid Cap Value Managed Volatility Portfolio | |
| AXA Moderate Growth Strategy Portfolio | EQ/Moderate Growth Strategy Portfolio | |
| AXA Ultra Conservative Strategy Portfolio | EQ/Ultra Conservative Strategy Portfolio | |
| AXA/AB Dynamic Aggressive Growth | EQ/AB Dynamic Aggressive Growth | |
| AXA/AB Dynamic Growth Portfolio | EQ/AB Dynamic Growth Portfolio | |
| AXA/AB Dynamic Moderate Growth Portfolio | EQ/AB Dynamic Moderate Growth Portfolio | |
| AXA/AB Short Duration Government Bond Portfolio | EQ/AB Short Duration Government Bond Portfolio | |
| AXA/AB Small Cap Growth Portfolio | EQ/AB Small Cap Growth Portfolio | |
| AXA/ClearBridge Large Cap Growth Portfolio | EQ/ClearBridge Large Cap Growth Portfolio | |
| AXA/Franklin Balanced Managed Volatility Portfolio | EQ/Franklin Balanced Managed Volatility Portfolio | |
| AXA/Franklin Small Cap Value Managed Volatility Portfolio | EQ/Franklin Small Cap Value Managed Volatility Portfolio | |
| AXA/Franklin ▇▇▇▇▇▇▇▇▇ Allocation Managed Volatility Portfolio | EQ/Franklin ▇▇▇▇▇▇▇▇▇ Allocation Managed Volatility Portfolio | |
| AXA/Janus Enterprise Portfolio | EQ/Janus Enterprise Portfolio | |
| AXA/▇▇▇▇▇▇ ▇▇▇▇▇▇ Growth Portfolio | EQ/▇▇▇▇▇▇ ▇▇▇▇▇▇ Growth Portfolio | |
| AXA/▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Small Cap Growth Portfolio | EQ/▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Small Cap Growth Portfolio | |
| AXA/Templeton Global Equity Managed Volatility Portfolio | EQ/Templeton Global Equity Managed Volatility Portfolio | |
Except as modified and amended hereby, the Agreement is hereby ratified and confirmed in full force and effect in accordance with its terms.
IN WITNESS WHEREOF, the parties have executed and delivered this Amendment No. 12 as of the date first above set forth.
| EQ ADVISORS TRUST | AXA EQUITABLE FUNDS MANAGEMENT GROUP, LLC | |||||||
| By: | /s/ ▇▇▇▇▇ ▇▇▇▇▇ |
By: | /s/ ▇▇▇▇▇▇ ▇▇▇▇ | |||||
| ▇▇▇▇▇ ▇▇▇▇▇ |
▇▇▇▇▇▇ ▇▇▇▇ | |||||||
| Chief Financial Officer and Treasurer |
Director, Senior Vice President and Chief Operating Officer | |||||||
SCHEDULE A
AMENDMENT NO. 12 TO THE
AMENDED AND RESTATED
MUTUAL FUNDS SERVICE AGREEMENT
Fees and Expenses
Trust Administration, Accounting and Compliance Fees
| Single-Advised Portfolios
The greater of $30,000 per Portfolio or 0.100% of the first $30 billion; 0.0975% of the next $10 billion; 0.0950% of the next $5 billion; and 0.0800% thereafter (based on aggregate average daily net assets of the Single-Advised Portfolios) | ||
| 1290 VT DoubleLine Dynamic Allocation 1290 VT DoubleLine Opportunistic Bond 1290 VT Energy 1290 VT Equity Income 1290 VT GAMCO Mergers & Acquisition 1290 VT GAMCO Small Company Value 1290 VT Low Volatility Global Equity 1290 VT Multi-Alternative Strategies 1290 VT Natural Resources 1290 VT Real Estate 1290 VT SmartBeta Equity 1290 VT Socially Responsible EQ/AB Short Duration Government Bond EQ/American Century Mid Cap Value EQ/BlackRock Basic Value Equity EQ/Capital Guardian Research EQ/ClearBridge Large Cap Growth EQ/Common Stock Index EQ/Core Bond Index EQ/Equity 500 Index EQ/Fidelity Institutional AMSMLarge Cap EQ/Franklin Rising Dividends EQ/Franklin Strategic Income EQ/▇▇▇▇▇▇▇ ▇▇▇▇▇ Mid Cap Value EQ/Intermediate Government Bond EQ/International Equity Index |
EQ/Invesco ▇▇▇▇▇▇▇▇ EQ/Invesco Global Real Estate EQ/Invesco International Growth EQ/Janus Enterprise EQ/JPMorgan Value Opportunities EQ/Large Cap Growth Index EQ/Large Cap Value Index EQ/Lazard Emerging Markets Equity EQ/▇▇▇▇▇▇ ▇▇▇▇▇▇ Growth EQ/MFS International Growth EQ/MFS International Value EQ/MFS Mid Cap Focused Growth EQ/MFS Technology EQ/MFS Utilities Series EQ/Mid Cap Index EQ/Money Market EQ/▇▇▇▇▇▇▇▇▇▇▇ Global EQ/PIMCO Global Real Return EQ/PIMCO Real Return Portfolio EQ/PIMCO Total Return Portfolio EQ/PIMCO Ultra Short Bond EQ Science & Technology EQ/Small Company Index EQ/▇. ▇▇▇▇ Price Growth Stock EQ/▇. ▇▇▇▇ Price Health Sciences EQ/UBS Growth and Income EQ/Wellington Energy | |
| Hybrid, ATM and Allocation Portfolios*
The greater of $32,500 per Portfolio or 0.140% of the average daily net assets of the Portfolios for the first $60 billion; 0.110% of the next $20 billion; 0.0875% of the next $20 billion; and 0.0800% thereafter (based on aggregate average daily net assets of the Hybrid Portfolios, ATM and Allocation Portfolios) and the Portfolios of AXA Premier VIP Trust | ||
| 1290 VT Convertible Securities 1290 VT High Yield Bond 1290 VT Micro Cap 1290 VT Moderate Growth Allocation 1290 VT Small Cap Value All Asset Growth-Alt 20 ATM International Managed Volatility ATM Large Cap Managed Volatility ATM Mid Cap Managed Volatility ATM Small Cap Managed Volatility EQ/ 500 Managed Volatility EQ/ International Managed Volatility EQ/2000 Managed Volatility EQ/400 Managed Volatility EQ/AB Dynamic Aggressive Growth EQ/AB Dynamic Growth EQ/AB Dynamic Moderate Growth EQ/AB Small Cap Growth EQ/Aggressive Growth Strategy EQ/American Century Moderate Growth Allocation EQ/AXA Investment Managers Moderate Allocation EQ/Balanced Strategy EQ/ClearBridge Select Equity Managed Volatility EQ/Conservative Growth Strategy EQ/Conservative Strategy EQ/Emerging Markets Equity PLUS EQ/First Trust Moderate Growth Allocation EQ/Franklin Balanced Managed Volatility |
EQ/Franklin Small Cap Value Managed Volatility EQ/Franklin ▇▇▇▇▇▇▇▇▇ Allocation Managed Volatility EQ/Global Bond PLUS EQ/Global Equity Managed Volatility EQ/▇▇▇▇▇▇▇ Sachs Growth Allocation EQ/▇▇▇▇▇▇▇ ▇▇▇▇▇ Moderate Growth Allocation EQ/Growth Strategy EQ/International Core Managed Volatility EQ/International Value Managed Volatility EQ/Invesco Moderate Allocation EQ/Invesco Moderate Growth Allocation EQ/JPMorgan Growth Allocation EQ/Large Cap Core Managed Volatility EQ/Large Cap Growth Managed Volatility EQ/Large Cap Value Managed Volatility EQ/▇▇▇▇ ▇▇▇▇▇ Growth Allocation EQ/▇▇▇▇ ▇▇▇▇▇ Moderate Allocation EQ/Mid Cap Value Managed Volatility EQ/Moderate Growth Strategy EQ/▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Small Cap Growth EQ/Quality Bond PLUS EQ/▇▇▇▇▇▇▇▇▇ Global Equity Managed Volatility EQ/Ultra Conservative Strategy Multimanager Aggressive Equity Multimanager Core Bond Multimanager Mid Cap Growth Multimanager Mid Cap Value Multimanager Technology | |
| * | Assets of these Portfolios are not included in the calculation of the single-advised Portfolio asset based fee. |