Virtus ETF Trust II 485BOS

 

Exhibit 99(d)(21)

 

VIRTUS ETF TRUST II

AMENDMENT TO SCHEDULE A TO THE

ADVISORY AGREEMENT

 

THIS AMENDMENT (the “Amendment”) effective as of the __ day of _______, 2025, to Schedule A to the Advisory Agreement, dated as of January 4, 2016 (the “Advisory Agreement”), is entered into by and between VIRTUS ETF TRUST II (the “Trust”), a Delaware statutory trust registered as an investment company under the Investment Company Act of 1940, as amended (the “1940 Act”), and VIRTUS INVESTMENT ADVISERS, LLC and/or VIRTUS ALTERNATIVE INVESTMENT ADVISERS, LLC, each a Delaware limited liability company (as applicable to the respective Fund, the “Adviser”), as the case may be, each as successor in interest to Virtus ETF Advisers LLC, a Delaware limited liability company, as noted on the attached Schedule A.

 

WHEREAS, each of the Trust and the Adviser is a party to the Advisory Agreement; and

 

WHEREAS, each of the Trust and the Adviser desires to amend the Advisory Agreement to replace Schedule A.

 

NOW, THEREFORE, the parties agree as follows:

 

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

 

2.          Except to the extent amended hereby, the Advisory Agreement shall remain in full force and effect.

 

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by a duly authorized officer on one or more counterparts as of the date and year first written above.

 

VIRTUS ETF TRUST II   VIRTUS INVESTMENT ADVISERS, LLC
         
By:     By:  
         
      VIRTUS ALERTNATIVE INVESTMENT ADVISERS, LLC
         
      By:  

 

 

 

 

SCHEDULE A

to the

ADVISORY AGREEMENT

between

VIRTUS ETF TRUST II

and

VIRTUS INVESTMENT ADVISERS, LLC

and/or

VIRTUS ALTERNATIVE INVESTMENT ADVISERS, LLC

 

(As of ________, 2025)

 

As compensation for the Adviser’s services rendered, the Adviser shall be entitled to a fee, computed daily at an annual rate based on the greater of (1) the minimum fee or (2) the average daily net assets of the respective Fund in accordance with the following fee schedule:

 

Fund   Effective Date   Minimum Fee   Rate
Virtus AlphaSimplex Managed Futures ETF**   April 10, 2024   $0   0.80%*
             
Virtus Duff & Phelps Clean Energy ETF   August 2, 2021   $0   0.66%*
             
Virtus KAR Mid-Cap ETF   October 7, 2024   $0   0.80%*
             
Virtus Newfleet ABS/MBS ETF   February 9, 2021   $0   0.49%*
             
Virtus Newfleet Short Duration High Yield Bond ETF   March 22, 2021, as amended on November 28, 2023   $0   0.39%*
             
Virtus Newfleet Short Duration Core Plus Bond ETF   November 7, 2023   $0   0.40%*
             
Virtus Seix AAA Private Credit CLO ETF   November 25, 2024   $0   0.29%*
             
Virtus Seix Senior Loan ETF   April 22, 2019   $0   0.57%*
             
Virtus Stone Harbor Emerging Markets High Yield Bond ETF   November 30, 2022   $0   0.55%*
             
Virtus Terranova U.S. Quality Momentum ETF   November 17, 2020   $0   0.29%*
             
Virtus AlphaSimplex Global Macro ETF**            
             
Virtus Stone Harbor International Bond ETF            
             
Virtus IG Public & Private Credit ETF            

 

* The management fee for this Fund is structured as a “unified fee”, out of which the Adviser pays all of the ordinary operating expenses of the Fund, except for the fee payment under this Agreement; payments under any 12b-1 plan; taxes and other governmental fees; brokerage fees, commissions and other transaction expenses; interest and other costs of borrowing; litigation or arbitration expenses; acquired fund fees and expenses; and extraordinary or other non-routine expenses of the Fund; each of which is paid by the Fund.

 

** The Adviser of these Funds is Virtus Alternative Investment Advisers, LLC.