Exhibit 99.6(a)(2)

 

Amendment No. 2 to

Investment Advisory Agreement

 

 

Amendment No. 2 dated November 6, 2025 to the Investment Advisory Agreement dated February 1, 2021 and amended August 12, 2021 (the “Agreement”) made by and between FORETHOUGHT VARIABLE INSURANCE TRUST, a Delaware statutory trust (the “Trust”), and GLOBAL ATLANTIC INVESTMENT ADVISORS, LLC, an Indiana limited liability company (the “Advisor”).  Capitalized terms used herein and not otherwise defined shall have the definition set out in the Agreement.

 

In accordance with Section 12 of the Agreement, effective May 1, 2025, the parties hereby amend and restate Exhibit A of the Agreement as attached hereto.

 

Except as otherwise set forth herein, the terms and conditions of the Agreement shall remain in full force and effect.

 

 

 

 

 

IN WITNESS WHEREOF, the undersigned parties have executed this Agreement to be effective upon the date above.

 

  Forethought Variable Insurance Trust
     
  By its authorized officer,
     
  By: /s/ Deborah Schunder
  Name:   Deborah Schunder
  Title:   President
     
  Global Atlantic Investment Advisors, LLC
   
  By its authorized officer,
   
  By: /s/ Cameron Jeffreys
  Name:   Cameron Jeffreys
  Title:   President

 

 

 

 

Exhibit A

 

Fees

 

 

 

 

 

Global Atlantic American Funds® Managed Risk Portfolio

   Management Fee as a percentage 
Asset Level  of average daily net assets 
     
First $500 million   0.900%
Next $500 million   0.875%
Over $1 billion   0.850%

 

 

Global Atlantic Balanced Managed Risk Portfolio

   Management Fee as a percentage 
Asset Level  of average daily net assets 
     
First $500 million   0.550%
Next $500 million   0.525%
Over $1 billion   0.500%

  

 

Global Atlantic BlackRock Allocation Portfolio

   Management Fee as a percentage 
Asset Level  of average daily net assets 
     
First $1 billion   0.22%
Next $1 billion   0.21%
Over $2 billion   0.20%

  

 

Global Atlantic BlackRock Disciplined Core Portfolio

   Management Fee as a percentage 
Asset Level  of average daily net assets 
     
First $1 billion   0.39%
Next $1 billion   0.37%
Over $2 billion   0.35%

 

 

Global Atlantic BlackRock Disciplined Growth Portfolio

   Management Fee as a percentage 
Asset Level  of average daily net assets 
     
First $250 million   0.37%
Next $250 million   0.35%
Next $500 million   0.34%
Over $1 billion   0.32%

 

 

 

 

Global Atlantic BlackRock Disciplined International Core Portfolio

   Management Fee as a percentage 
Asset Level  of average daily net assets 
     
First $500 million   0.60%
Next $500 million   0.58%
Over $1 billion   0.55%

  

 

Global Atlantic BlackRock Disciplined Mid Cap Growth Portfolio

   Management Fee as a percentage 
Asset Level  of average daily net assets 
     
First $250 million   0.54%
Next $250 million   0.53%
Next $500 million   0.51%
Over $1 billion   0.48%

 

 

Global Atlantic BlackRock Disciplined Value Portfolio

   Management Fee as a percentage 
Asset Level  of average daily net assets 
     
First $1 billion   0.45%
Next $1 billion   0.43%
Over $2 billion   0.41%

  

 

Global Atlantic BlackRock Selects Managed Risk Portfolio

   Management Fee as a percentage 
Asset Level  of average daily net assets 
     
First $500 million   0.550%
Next $500 million   0.525%
Over $1 billion   0.500%

  

 

Global Atlantic BlackRock High Yield Portfolio

   Management Fee as a percentage 
Asset Level  of average daily net assets 
     
First $1 billion   0.50%
Next $1 billion   0.48%
Over $2 billion   0.46%

 

 

Global Atlantic Franklin Tactical Allocation Managed Risk Portfolio (1)

   Management Fee as a percentage 
Asset Level  of average daily net assets 
     
First $500 million   0.850%
Next $500 million   0.825%
Over $1 billion   0.800%

 

 

 

 

Global Atlantic Goldman Sachs Core Fixed Income Portfolio

   Management Fee as a percentage 
Asset Level  of average daily net assets 
     
First $250 million   0.34%
Next $250 million   0.32%
Over $500 million   0.26%

 

 

Global Atlantic Moderately Aggressive Managed Risk Portfolio (2)

   Management Fee as a percentage 
Asset Level  of average daily net assets 
     
First $500 million   0.550%
Next $500 million   0.525%
Over $1 billion   0.500%

 

 

Global Atlantic Moderate Managed Risk Portfolio (3)

   Management Fee as a percentage 
Asset Level  of average daily net assets 
     
First $500 million   0.550%
Next $500 million   0.525%
Over $1 billion   0.500%

  

 

Global Atlantic Select Advisor Managed Risk Portfolio

   Management Fee as a percentage 
Asset Level  of average daily net assets 
     
First $500 million   0.900%
Next $500 million   0.875%
Over $1 billion   0.850%

  

 

Global Atlantic Wellington Research Managed Risk Portfolio

   Management Fee as a percentage 
Asset Level  of average daily net assets 
     
First $500 million   0.850%
Next $500 million   0.825%
Over $1 billion   0.800%

  

 

 

(1)Formerly known as Global Atlantic Franklin Dividend and Income Managed Risk Portfolio prior to May 1, 2025
(2)Formerly known as Global Atlantic Growth Managed Risk Portfolio prior to May 1, 2025
(3)Formerly known as Global Atlantic Moderate Growth Managed Risk Portfolio prior to May 1, 2025