EX-99.28.D.108 7 fp0073638_ex9928d108.htm

 

ADDENDUM NO. 8 TO INVESTMENT

ADVISORY AGREEMENT

 

THIS ADDENDUM (the “Addendum”) made as of December 29, 2021 is an addendum to the Investment Advisory Agreement (the “Agreement”) dated July 1, 2013, by and between The RBB Fund, Inc. (the “Fund”) and Boston Partners Global Investors, Inc. (the “Investment Adviser”).

 

WHEREAS, the Fund has appointed the Investment Adviser to act as investment adviser for each series of the Fund set forth on Schedule A to the Agreement for the compensation set forth on Schedule B to the Agreement; and

 

WHEREAS, the Fund has notified the Investment Adviser that it has established two new series, namely the Boston Partners Global Sustainability Fund and the WPG Partners Select Small Cap Value Fund (the “Portfolios”), and that it desires to retain the Investment Adviser to act as investment adviser for the Portfolios, and the Investment Adviser has notified the Fund that it is willing to serve as investment adviser to the Portfolios as of the date of the effectiveness of the Post-Effective Amendment to the Fund’s Registration Statement on Form N-1A related to the Portfolios (the “Effective Date”).

 

NOW THEREFORE, the parties hereto, intending to be legally bound, hereby agree as follows:

 

1.Schedule A to the Agreement is hereby amended and restated in its entirety, as provided on Appendix 1 attached hereto, as of the Effective Date.

 

2.Schedule B to the Agreement is hereby amended and restated in its entirety, as provided on Appendix 2 attached hereto, as of the Effective Date.

 

3.The Agreement shall become effective with respect to the Portfolios as of the Effective Date and, unless sooner terminated as provided in the Agreement, shall continue with respect to the Portfolios until August 16, 2023. Thereafter, if not terminated, the Agreement shall continue with respect to the Portfolios for successive annual periods ending on August 16, provided such continuance is specifically approved at least annually (a) by the vote of a majority of those members of the Board of Directors of the Fund who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval, and (b) by the Board of Directors of the Fund or by vote of a majority of the outstanding voting securities of the Portfolios; provided, however, that this Agreement may be terminated with respect to the Portfolios by the Fund at any time, without the payment of any penalty, by the Board of Directors of the Fund or by vote of a majority of the outstanding voting securities of the Portfolios, on 60 days’ prior written notice to the Investment Adviser, or by the Investment Adviser at any time, without payment of any penalty, on 60 days’ prior written notice to the Fund. The Agreement will immediately terminate in the event of its assignment.

 

4.From and after the Effective Date, the term “Portfolios” as used in the Agreement shall be deemed to include the Portfolios. Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to them in the Agreement.

 

5.Except to the extent supplemented hereby, the Agreement shall remain unchanged and in full force and effect.

 

 

IN WITNESS WHEREOF, the undersigned have executed this Addendum as of the date and year first above written.

 

  THE RBB FUND, INC.  
     
  By: /s/ Salvatore Faia  
  Name: Salvatore Faia  
  Title: President  
     
  BOSTON PARTNERS GLOBAL INVESTORS, INC.  
     
  By: /s/ William G. Butterly, III  
  Name: William G. Butterly, III  
  Title: General Counsel  
     
  By: /s/ Greg Varner  
  Name: Greg Varner  
  Title: Chief Financial Officer  

 

 

APPENDIX 1

 


SCHEDULE A 

TO THE 

INVESTMENT ADVISORY AGREEMENT

 

LISTING OF FUNDS

 

Name of Fund

 

Boston Partners All-Cap Value Fund 

Boston Partners Global Equity Fund 

Boston Partners Long/Short Equity Fund 

Boston Partners Long/Short Research Fund 

Boston Partners Small Cap Value Fund II 

WPG Partners Small/Micro Cap Value Fund 

Boston Partners Global Long/Short Fund 

Boston Partners Emerging Markets Dynamic Equity Fund 

Boston Partners Emerging Markets Fund 

Boston Partners Global Sustainability Fund 

WPG Partners Select Small Cap Value Fund

 

Dated:  December 29, 2021

 

 

APPENDIX 2

 

SCHEDULE B

TO THE 

INVESTMENT ADVISORY AGREEMENT

 

COMPENSATION PAYABLE TO INVESTMENT ADVISER

 

Name of Portfolio Annual Management Fee
Boston Partners All-Cap Value Fund 0.70%
Boston Partners Global Equity Fund 0.90%
Boston Partners Long/Short Equity Fund 2.25%
Boston Partners Long/Short Research Fund 1.25%
Boston Partners Small Cap Value Fund II      0.85%
WPG Partners Small/Micro Cap Value Fund 0.80% of the Portfolio’s average daily net assets up to $500 million and 0.75% of the Portfolio’s average daily net assets in excess of $500 million
Boston Partners Global Long/Short Fund 1.50%
Boston Partners Emerging Markets Dynamic Equity Fund 1.25%
Boston Partners Emerging Markets Fund 0.75%
Boston Partners Global Sustainability Fund 0.80%
WPG Partners Select Small Cap Value Fund 0.90%