EX-99.(D)(9) 3 ea0201272_ex99-d9.htm EXHIBIT (D)(9)

Exhibit (d)(9)

 

SCHEDULE A

Revised March 8, 2024 to the

Sub-Advisory Agreement

Dated December 5, 2023 by and between

Exchange Traded Concepts LLC

And

Bancreek Capital Advisors, LLC

 

The Adviser will pay the Sub-Adviser, as full compensation for all services provided under this Agreement, a fee computed daily at an annual rate based on the greater of (1) the Minimum Sub-Advisory Fees or (2) the average daily net assets of the Funds in accordance with the following fee schedule (the “Asset-Based Sub-Advisory Fees"), if the aggregate Asset-Based Sub-Advisory Fees exceed the aggregate Minimum Sub-Advisory Fees.

 

  Sub-Advisory Fee
Bancreek U.S. Large Cap ETF

0.63%, on assets up to $250 million; and
0.64%, on assets up to $500 million; and

0.65%, on assets over $500 million.

Bancreek International Large Cap ETF

0.72%, on assets up to $250 million; and

0.73%, on assets up to $500 million; and

0.74%, on assets over $500 million.

 

Agreed and Accepted:

 

ADVISER:   SUBADVISER:
     
Exchange Traded Concepts, LLC   Bancreek Capital Advisors, LLC
     
By: /s/ J. Garrett Stevens   By: /s/ Andrew Skatoff
Name:  J. Garrett Stevens   Name:  Andrew Skatoff
Title: Chief Executive Officer   Title: Chief Investment Officer