Exhibit 99.(d)(18) 

 

AMENDMENT NO. 3

TO THE

SUB-MANAGEMENT AND COMPLIANCE SERVICES AGREEMENT

 

AMENDMENT NO. 3 effective March 10, 2026 (“Amendment No. 3”), to the Sub-Management and Compliance Services Agreement dated April 28, 2025 (the “Agreement”), as amended, by and among VENERABLE INVESTMENT ADVISERS, LLC, a Delaware limited liability company (the “Manager”), VENERABLE VARIABLE INSURANCE TRUST, a Delaware statutory trust (the “Trust”), and RUSSELL INVESTMENT MANAGEMENT, LLC, a Washington limited liability company (the “Sub-Manager”).

 

WHEREAS, the Manager and the Sub-Manager desire to amend the fees reflected in Schedule 1 to the Agreement;

 

NOW THEREFORE, the Manager, the Sub-Manager and the Trust agree to modify and amend the Agreement as follows:

 

  1. Schedule 1. Schedule 1 to the Agreement is hereby replaced in its entirety by Schedule 1 attached hereto.

 

Except as modified and amended hereby, the Agreement is hereby ratified and confirmed in full force and effect in accordance with its terms.

 

 

 

[Signature Page Follows]

 

 

 

 

IN WITNESS WHEREOF, the parties have executed and delivered this Amendment No. 3 as of the date first set forth above.

 

VENERABLE INVESTMENT ADVISERS, LLC

 

By: /s/Michal Levy                                            

 

Name: Michal Levy                                           

 

Title: Head of VIA                                             

 

 

RUSSELL INVESTMENT MANAGEMENT, LLC

 

By: /s/ Katherine El-Hillow                                          

 

Name: Katherine El-Hillow                                           

 

Title: Chairman, President and Chief Investment Officer

 

 

VENERABLE VARIABLE INSURANCE TRUST

 

By: /s/ John Bruggeman                                                

 

Name: John Bruggeman                                                

 

Title: Assistant Treasurer                                               

 

 

 

 

AMENDMENT NO. 3

 

Schedule 1

 

Sub-Manager shall receive a fee from the Manager at the following annual rate based upon the applicable Fund’s average daily net assets:

 

Fund Fee
Venerable Large Cap Index Fund [   ]%
Venerable Moderate Allocation Fund [   ]%
Venerable US Large Cap Core Equity Fund [   ]% less the dollar amount of sub-advisory fees due
from the Manager to the Fund’s other sub-advisers
Venerable Emerging Markets Equity Fund [   ]% less the dollar amount of sub-advisory fees due
from the Manager to the Fund’s other sub-advisers
Venerable World Equity Fund [   ]% less the dollar amount of sub-advisory fees due
from the Manager to the Fund’s other sub-advisers
Venerable International Index Fund [   ]%
Venerable Mid Cap Index Fund [   ]%
Venerable Small Cap Index Fund [   ]%
Venerable Conservative Allocation Fund [   ]%
Venerable Conservative Appreciation Allocation Fund [   ]%
Venerable World Conservative Allocation Fund [   ]%
Venerable Moderate Appreciation Allocation Fund [   ]%
Venerable Appreciation Allocation Fund [   ]%
Venerable World Moderate Allocation Fund [   ]%
Venerable World Appreciation Allocation Fund [   ]%
Venerable Real Estate Fund [   ]% less the dollar amount of sub-advisory fees due
from the Manager to the Fund’s other sub-advisers