AMENDMENT TO
SUB-INVESTMENT ADVISORY AGREEMENT
WHEREAS, Fred Alger Management, LLC (the Adviser) and Redwood Investments, LLC (Redwood) entered into a sub-investment advisory agreement dated February 1, 2024 (as amended, supplemented and/or restated to date, the Agreement) for Redwood to provide certain sub-investment advisory services to Alger Global Equity Fund (formerly known as Alger Global Focus Fund) and certain series of each of The Alger Funds and The Alger Funds II; and
WHEREAS, effective August 6, 2024, Alger Global Focus Fund changed its name to Alger Global Equity Fund and Alger International Focus Fund, a series of The Alger Funds, changed its name to Alger International Opportunities Fund; and
WHEREAS, Redwood and the Adviser desire to update Schedule I of the Agreement to reflect the current names of the Series and add a new series of The Alger Funds to the Agreement;
NOW THEREFORE, in consideration of the promises and mutual covenants contained herein, the parties hereby amend the Agreement as follows:
1. All references in the Agreement to Alger Global Focus Fund are hereby deleted and replaced with Alger Global Equity Fund.
2. Schedule I of the Agreement is hereby deleted in its entirety and replaced with Schedule I as attached and incorporated by reference to this Amendment.
3. Except as otherwise provided herein, the terms and conditions contained in the Agreement shall remain in full force and effect. Capitalized terms herein that are not defined shall have the meanings ascribed to them in the Agreement.
IN WITNESS WHEREOF, the parties by their duly authorized officers, have caused this Amendment to be executed as of May 20, 2025.
| REDWOOD INVESTMENTS, LLC | FRED ALGER MANAGEMENT, LLC | |||||||
| By: | /s/ Tina Payne |
By: | /s/ Tina Payne | |||||
| Name: | Tina Payne | Name: | Tina Payne | |||||
| Title: | Chief Compliance Officer | Title: SVP, General Counsel, CCO, | ||||||
| Assistant Secretary | ||||||||
SCHEDULE I
| Name of Series |
Annual Fee |
Reapproval Date | ||
| Alger International Opportunities Fund, a series of The Alger Funds |
Amount equal to 100% of management fee paid by Series to Adviser with respect to the sub-advised assets | September 2025 | ||
| Alger International Small Cap Fund, a series of The Alger Funds |
Amount equal to 100% of management fee paid by Series to Adviser with respect to the sub-advised assets | September 2026 | ||
| Alger Emerging Markets Fund, a series of The Alger Funds II |
Amount equal to 100% of management fee paid by Series to Adviser with respect to the sub-advised assets | September 2025 | ||
| Alger Global Equity Fund |
Amount equal to 100% of management fee paid by Series to Adviser with respect to the sub-advised assets | September 2025 |