EX-99.(D)(9) 2 d218444dex99d9.htm AMENDMENT TO ADD JBBB TO INVESTMENT ADVISOR AGREEMENT Amendment to add JBBB to Investment Advisor Agreement

Exhibit (d)(9)

AMENDMENT TO

JANUS DETROIT STREET TRUST

INVESTMENT ADVISORY AND MANAGEMENT AGREEMENT

THIS AMENDMENT is made this 18th day of November, 2021, between JANUS DETROIT STREET TRUST, a Delaware statutory trust (the “Trust”), and JANUS CAPITAL MANAGEMENT LLC, a Delaware limited liability company (the “Adviser”), regarding the funds listed in Appendix A (each, a “Fund” and together, the “Funds”).

WITNESSETH:

WHEREAS, the Adviser and the Trust, on behalf of the Funds, are parties to an Investment Advisory and Management Agreement dated May 30, 2017 (the “Agreement”);

WHEREAS, the parties desire to amend the Agreement as set forth in greater detail below;

WHEREAS, pursuant to Section 11 of the Agreement, the Agreement may be amended by the parties only if such amendment is approved by the Board, including a majority of the directors who are not interested persons of the Adviser, Distributor, or of the Trust and is in writing and signed by the parties to the Agreement; and

WHEREAS, Appendices A and B are hereby replaced with the attached Appendices A and B to reflect the addition of the Janus Henderson B-BBB CLO ETF and the liquidation of The Long-Term Care ETF.

NOW, THEREFORE, in consideration of the premises and of the mutual agreements set forth below, the parties agree to amend the Agreement as follows:

1.        The parties acknowledge that the Agreement, as amended, remains in full force and effect as of the date of this Amendment, and that this Amendment, together with the Agreement, contains the entire understanding and the full and complete agreement of the parties and supersedes and replaces any prior understandings and agreements among the parties respecting the subject matter hereof.

2.        This Amendment may be contemporaneously executed in two or more counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.


IN WITNESS WHEREOF, the parties have caused their duly authorized officers to execute this Amendment as of the date and year first above written.

 

JANUS CAPITAL MANAGEMENT LLC

 

By:/s/ Brennan Hughes
        Brennan Hughes
  Senior Vice President, Chief Accounting Officer and Treasurer

 

JANUS DETROIT STREET TRUST

 

By:/s/ Jesper Nergaard
  Jesper Nergaard
        Vice President, Chief Financial Officer, Treasurer and Principal Accounting Officer

 

2


Appendix A

Janus Henderson AAA CLO ETF

Janus Henderson B-BBB CLO ETF

Janus Henderson International Sustainable Equity ETF

Janus Henderson Mortgage-Backed Securities ETF

Janus Henderson Net Zero Transition Resources ETF

Janus Henderson Short Duration Income ETF

Janus Henderson Small Cap Growth Alpha ETF

Janus Henderson Small/Mid Cap Growth Alpha ETF

Janus Henderson Sustainable Corporate Bond ETF

Janus Henderson Sustainable Corporate & Impact Core Bond ETF

Janus Henderson U.S. Real Estate ETF

Janus Henderson U.S. Sustainable Equity ETF

 

3


Appendix B

Management Fee Rates

The Funds listed below will each be subject to the following Fee Schedule, effective May 1, 2020:

 

Assets Under Management

     Daily Net Assets (annual rate)

$0-$500 million

     0.30

Next $500 million

     0.25

Over $1 billion

     0.20

 

Funds    Ticker  

Janus Henderson Small Cap Growth Alpha ETF

   JSML  

Janus Henderson Small/Mid Cap Growth Alpha ETF

   JSMD  

Janus Henderson Short Duration Income ETF

   VNLA  

Janus Henderson Mortgage-Backed Securities ETF

   JMBS  

The Fund listed below will be subject to the following Fee Schedule, effective October 14, 2020:

 

Assets Under Management

     Daily Net Assets (annual rate)

$0-$1 billion

     0.25

Over $1 billion

     0.20

 

Fund    Ticker  

Janus Henderson AAA CLO ETF

   JAAA  

The Fund listed below will be subject to the following Fee Schedule, effective April 22, 2021:

 

Assets Under Management

     Daily Net Assets (annual rate)

$0-$250 million

     0.65

Next $750 million

     0.55

Over $1 billion

     0.50

 

Fund    Ticker  

Janus Henderson U.S. Real Estate ETF

   JRE  

 

4


The Funds listed below will each be subject to the following Fee Schedule, effective July 22, 2021:

 

Assets Under Management

     Daily Net Assets (annual rate)

$0-$250 million

     0.60

Over $250 million

     0.55

 

Funds    Ticker  

Janus Henderson International Sustainable Equity ETF

   SXUS  

Janus Henderson Net Zero Transition Resources ETF

   JZRO  

The Fund listed below will be subject to the following Fee Schedule, effective July 22, 2021:

 

Assets Under Management

     Daily Net Assets (annual rate)

$0-$250 million

     0.55

Over $250 million

     0.50

 

Fund    Ticker  

Janus Henderson U.S. Sustainable Equity ETF

   SSPX  

The Fund listed below will be subject to the following Fee Schedule, effective July 22, 2021:

 

Assets Under Management

     Daily Net Assets (annual rate)

$0-$500 million

     0.35

Over $500 million

     0.30

 

Fund    Ticker  

Janus Henderson Sustainable Corporate Bond ETF

   SCRD  

The Fund listed below will be subject to the following Fee Schedule, effective July 22, 2021:

 

Assets Under Management

     Daily Net Assets (annual rate)

$0-$500 million

     0.39

Over $500 million

     0.35

 

Fund    Ticker  

Janus Henderson Sustainable & Impact Core Bond ETF

   JIB

 

5


The Fund listed below will be subject to the following Fee Schedule, effective November 18, 2021:

 

Assets Under Management

     Daily Net Assets (annual rate)

$0-$500 million

     0.49

Over $500 million

     0.45

 

Fund    Ticker  

Janus Henderson B-BBB CLO ETF

   JBBB  

 

6