DIMENSIONAL ETF TRUST FUND SERVICES AGREEMENT
EX-99.h.ii
AGREEMENT
made as of ___________, by and between Dimensional Fund Advisors LP (“Dimensional”) and Dimensional ETF Trust, a Delaware statutory trust (the “Trust”), on behalf of each series of the Trust listed on Schedule A (each, a “Fund”).
WHEREAS,
the Trust desire to retain Dimensional to render certain services required by the Funds in the manner and on the terms and conditions hereinafter set forth;
NOW
THEREFORE, in consideration of the mutual covenants and agreements of the parties hereto and hereinafter set forth, the parties covenant and agree as follows:
1. Provision of Services. Subject to direction of the trustees who are not
“interested persons” of the Trust (the “Independent Trustees”), Dimensional shall arrange for the provision of chief compliance officer (“CCO”) services to the Trust.
Dimensional shall assume liability and responsibility for, and shall administer, payments to the CCO, the Independent Trustees and counsel to the Independent Trustees in such amounts as the Independent Trustees shall determine and direct.
2. Services Fee.
As compensation for providing such services, each Fund shall pay an annual fee to Dimensional of up to 0.0044% of its average daily net assets (the “Services Fee”). The Services Fee shall be computed on the aggregate net asset value of the Fund
as of the close of each business day and the sum of the daily fee accruals shall be paid monthly in arrears to Dimensional. Services for periods of less than a month shall be prorated. The dollar amount of the Services Fee paid by each Fund shall
not exceed the dollar amount that such Fund would otherwise have owed in connection with the services and expenses described in Section 1.
3. Duration,
Termination and Amendment. The initial term of this Agreement with respect to each Fund is for the period from the date of the Fund’s inception through
February 28, 2022 and shall continue in effect from year to year thereafter provided such continuance is approved by a majority of the Independent Trustees.
Either party may choose to not renew the Agreement by providing written notice to the other at least thirty days (30) prior to the next renewal period. This Agreement shall automatically and immediately terminate with respect to each Fund if
(i) Dimensional no longer serves as investment adviser to such Fund, and (ii) in the event of its “assignment” (as defined in the Investment Company Act of 1940). The termination of this Agreement with respect to any one Fund will not cause its
termination with respect to any other Fund.
4. Applicable Law. This Agreement shall
be governed and construed in accordance with the laws of the State of Texas. To the extent that the applicable laws of the State of Texas, or any of the provisions herein, conflict with the applicable provisions of the Investment Company Act of
1940, the latter shall control.
5. Entire Agreement.
This Agreement contains the entire understanding and agreement of the parties.
IN WITNESS WHEREOF, the parties hereby have caused this Agreement to be executed this ____ day of ____________, 202__.
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DIMENSIONAL FUND ADVISORS LP
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By: DIMENSIONAL HOLDINGS INC.,
General Partner |
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By:
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By:
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Name
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Title
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Schedule A
Dimensional US Core Equity Market ETF
Dimensional International Core Equity Market ETF
Dimensional Emerging Core Equity Market ETF