Attached files
| file | filename |
|---|---|
| EX-32.2 - EX-32.2 - HENNESSY ADVISORS INC | d539781dex322.htm |
| EX-32.1 - EX-32.1 - HENNESSY ADVISORS INC | d539781dex321.htm |
| EX-31.2 - EX-31.2 - HENNESSY ADVISORS INC | d539781dex312.htm |
| EX-31.1 - EX-31.1 - HENNESSY ADVISORS INC | d539781dex311.htm |
| 10-Q - 10-Q - HENNESSY ADVISORS INC | d539781d10q.htm |
Exhibit 10.4
FIRST AMENDMENT TO
SUB-ADVISORY AGREEMENT
THIS FIRST AMENDMENT TO SUB-ADVISORY AGREEMENT (this “Amendment”) is made and entered into effective as of February 28, 2018, by and between Hennessy Advisors, Inc., a California corporation (“Manager”), and SPARX Asset Management Co., Ltd., a corporation organized under the laws of Japan (“Sub-Adviser”).
RECITALS
WHEREAS, Manager and Sub-Adviser previously entered into a Sub-Advisory Agreement, effective as of February 28, 2014 (the “Agreement”) pursuant to which Sub-Adviser agreed to render investment advisory and other services to Manager and the Funds (as defined in the Agreement) pursuant to the Agreement; and
WHEREAS, Manager and Sub-Adviser desire to amend certain terms of the Agreement as set forth herein.
AGREEMENT
NOW, THEREFORE, Manager and Sub-Adviser agree as follows:
| 1. | Schedule A to the Agreement is deleted and replaced in its entirety with Schedule A to this Amendment. All other provisions of the Agreement remain in full force and effect. |
| 2. | Sections 12 through 19 and Section 23 of the Agreement are incorporated into this Amendment, mutatis mutandis. |
* * *
(Signatures on next page.)
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their duly authorized officers as of the date first mentioned above.
| HENNESSY ADVISORS, INC. | ||
| By: | /s/ Neil J. Hennessy | |
| Neil J. Hennessy | ||
| Chief Executive Officer | ||
| SPARX ASSET MANAGEMENT CO., LTD. | ||
| By: | /s/ Shuhei Abe | |
| Shuhei Abe | ||
| President | ||
Signature Page to First Amendment to Sub-Advisory Agreement
SCHEDULE A
(as of February 28, 2018)
| Fund Name |
Sub-Advisory Fee per Annum for Each Below Range of Average Daily Net Assets | |||
| Range | Fee (as a % of average daily net assets) | |||
| Hennessy Japan Fund | $0 – $500 million | 0.35% | ||
| $500,000,000.01 – $1 billion | 0.40% | |||
| Above $1 billion | 0.42% | |||
| Hennessy Japan Small Cap Fund | $0 – $500 million | 0.35% | ||
| $500,000,000.01 – $1 billion | 0.40% | |||
| Above $1 billion | 0.42% | |||
Schedule A