EX-99.D1 3 d572696dex99d1.htm AMENDMENT TO AMENDED AND RESTATED INVESTMENT ADVISORY AGT Amendment to Amended and Restated Investment Advisory Agt

AMENDMENT TO AMENDED AND RESTATED

INVESTMENT ADVISORY AGREEMENT

This Amendment (this “Amendment”), effective May 17, 2018, is made to the Amended and Restated Investment Advisory Agreement by and between Great-West Funds, Inc. (“Great-West Funds”) and Great-West Capital Management, LLC (the “Adviser”).

WHEREAS, Great-West Funds and Adviser are parties to the Amended and Restated Investment Advisory Agreement, dated May 1, 2017, as amended (the “Agreement”); and

WHEREAS, pursuant to Article VI of the Agreement, Great-West Funds and Adviser desire to amend the Agreement on the terms and conditions set forth herein.

NOW THEREFORE, in consideration of the promises and mutual covenants hereinafter contained, Great-West Funds and Adviser agree as follows:

 

  1.

Schedule A of the Agreement is hereby deleted in its entirety and replaced with Schedule A attached hereto.

 

  2.

In the event of a conflict between the terms of this Amendment and the Agreement, the terms of this Amendment shall control.

 

  3.

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

 

  4.

Except as amended by this Amendment, all other provisions of the Agreement shall remain in full force and effect.

 

[Remainder of page intentionally left blank; signature page to follow.]

 

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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed in their names and on their behalf by and through duly authorized officers as of the Effective Date.

 

                                                             GREAT-WEST CAPITAL MANAGEMENT, LLC
Attest:   /s/ Cara B. Owen                            By:   /s/ Scott C. Sipple                             
Name:   Cara B. Owen                                 Name:   Scott C. Sipple                                  
Title:   Senior Counsel & Assistant Secretary   Title:   President & Chief Executive Officer
                                                             GREAT-WEST FUNDS, INC.
Attest:   /s/ Cara B. Owen                            By:   /s/ Mary C. Maiers                            
Name:     Cara B. Owen                                 Name:     Mary C. Maiers                                 
Title:   Senior Counsel & Assistant Secretary             Title:   Chief Financial Officer & Treasurer 

 

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SCHEDULE A

TO THE AMENDED AND RESTATED INVESTMENT ADVISORY AGREEMENT

 

Funds   Investment Advisory Fee

Great-West Ariel Mid Cap Value Fund

   0.67% of the average daily net assets

Great-West Bond Index Fund

   0.13% of the average daily net assets

Great-West Core Bond Fund

   0.32% of the average daily net assets

Great-West Core Strategies: Flexible Bond Fund

   0.38% of the average daily net assets
Great-West Core Strategies: Inflation-Protected Securities Fund  

0.33% of the average daily net assets on assets up to $1 billion,

0.28% of the average daily net assets on assets over $1 billion, and

0.23% of the average daily net assets on assets over $2 billion

Great-West Core Strategies: International Equity Fund

  

0.53% of the average daily net assets on assets up to $1 billion,

0.48% of the average daily net assets on assets over $1 billion, and

0.43% of the average daily net assets on assets over $2 billion

Great-West Core Strategies: Short Duration Bond  Fund  

   0.23% of the average daily net assets

Great-West Core Strategies: U.S. Equity Fund

  

0.47% of the average daily net assets on assets up to $1 billion,

0.42% of the average daily net assets on assets over $1 billion, and

0.37% of the average daily net assets on assets over $2 billion

Great-West Emerging Markets Equity Fund

  

0.93% of the average daily net assets on assets up to $1 billion,

0.88% of the average daily net assets on assets over $1 billion, and

0.83% of the average daily net assets on assets over $2 billion

Great-West Mid Cap Value Fund

  

0.79% of the average daily net assets on assets up to $1 billion,

0.74% of the average daily net assets on assets over $1 billion, and

0.69% of the average daily net assets on assets over $2 billion

Great-West Government Money Market Fund

   0.10% of the average daily net assets

Great-West Inflation-Protected Securities Fund

  

0.33% of the average daily net assets on assets up to $1 billion,

0.28% of the average daily net assets on assets over $1 billion, and

0.23% of the average daily net assets on assets over $2 billion

Great-West International Growth Fund

  

0.82% of the average daily net assets on assets up to $1 billion,

0.77% of the average daily net assets on assets over $1 billion, and

0.72% of the average daily net assets on assets over $2 billion

Great-West International Index Fund

  

0.25% of the average daily net assets on assets up to $1 billion,

0.20% of the average daily net assets on assets over $1 billion, and

0.15% of the average daily net assets on assets over $2 billion

Great-West International Value Fund

   0.67% of the average daily net assets

Great-West Invesco Small Cap Value Fund

  

0.80% of the average daily net assets on assets up to $1 billion,

0.75% of the average daily net assets on assets over $1 billion, and

0.70% of the average daily net assets of on assets over $2 billion;

Great-West Loomis Sayles Bond Fund

  

0.52% of the average daily net assets on assets up to $1 billion,

0.47% of the average daily net assets on assets over $1 billion, and

0.42% of the average daily net assets on assets over $2 billion

Great-West Loomis Sayles Small Cap Value Fund

   0.71% of the average daily net assets

Great-West Large Cap Growth Fund

  

0.64% of the average daily net assets on assets up to $1 billion,

0.59% of the average daily net assets on assets over $1 billion, and

0.54% of the average daily net assets on assets over $2 billion

Great-West Small Cap Growth Fund

  

0.83% of the average daily net assets on assets up to $1 billion,

0.78% of the average daily net assets on assets over $1 billion, and

0.73% of the average daily net assets on assets over $2 billion

Great-West Putnam Equity Income Fund

  

0.74% of the average daily net assets on assets up to $1 billion,

0.69% of the average daily net on assets over $1 billion, and

0.64% of the average daily net assets on assets over $2 billion

 

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Funds   Investment Advisory Fee

Great-West Putnam High Yield Bond Fund

  

0.72% of the average daily net assets on assets up to $1 billion,

0.67% of the average daily net assets on assets over $1 billion, and

0.62% of the average daily net assets on assets over $2 billion

Great-West Real Estate Index Fund

  

0.34% of the average daily net assets on assets up to $1 billion,

0.29% of the average daily net assets on assets over $1 billion, and

0.24% of the average daily net assets on assets over $2 billion

Great-West S&P 500® Index Fund

  

0.21% of the average daily net assets on assets up to $1 billion,

0.16% of the average daily net assets on assets over $1 billion, and

0.11% of the average daily net assets on assets over $2 billion

Great-West S&P Mid Cap 400® Index Fund

  

0.18% of the average daily net assets on assets up to $1 billion,

0.13% of the average daily net assets on assets over $1 billion, and

0.08% of the average daily net assets on assets over $2 billion

Great-West S&P Small Cap 600® Index Fund

  

0.19% of the average daily net assets on assets up to $1 billion,

0.14% of the average daily net assets on assets over $1 billion, and

0.09% of the average daily net assets on assets over $2 billion

Great-West SecureFoundation® Balanced ETF Fund

   0.16% of the average daily net assets

Great-West Short Duration Bond Fund

   0.23% of the average daily net assets

Great-West T. Rowe Price Equity Income Fund

   0.47% of the average daily net assets

Great-West T. Rowe Price Mid Cap Growth Fund

   0.66% of the average daily net assets

Great-West Templeton Global Bond Fund

  

0.58% of the average daily net assets on assets up to $1 billion,

0.53% of the average daily net assets on assets over $1 billion, and

0.48% of the average daily net assets on assets over $2 billion

Great-West U.S. Government Securities Fund

   0.23% of the average daily net assets

 

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