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Exhibit (h)(2)
AMENDMENT NO. 2 TO SUB-ADMINISTRATION AND ACCOUNTING SERVICES AGREEMENT
This AMENDMENT NO. 2, dated the 30th day of November, 2000, is made by
and between PFPC INC., a Massachusetts corporation ("PFPC"), and ALLEGHANY
INVESTMENT SERVICES INC., an Illinois corporation (the "Administrator")
(collectively, the "Parties").
WITNESSETH THAT:
WHEREAS, the Administrator has entered into an Administration Agreement
with ALLEGHANY FUNDS (the "Company") dated June 17, 1999, as amended to date,
wherein the Administrator has agreed to provide certain administrative services
to the Company; and
WHEREAS, the Administrator has entered into a Sub-Administration
Agreement (the "Sub-Administration Agreement") with PFPC dated April 1, 2000,
wherein PFPC agreed to provide certain administrative and accounting services to
the Company; and
WHEREAS, the Parties wish to amend the Sub-Administration and
Accounting Services Agreement to include under its terms two additional separate
series of shares identified as ALLEGHANY/TAMRO LARGE CAP VALUE FUND and
ALLEGHANY/TAMRO SMALL CAP FUND;
NOW, THEREFORE, in consideration of the premises and mutual covenants
contained herein, the Parties hereto, intending to be legally bound, do hereby
agree:
1. To amend Schedule "A" to the Sub-Administration Agreement in the
form attached hereto as Schedule "A".
This Amendment shall take effect upon the date when the respective
amendment to the registration statement of the Trust registering ALLEGHANY/TAMRO
LARGE CAP VALUE FUND and ALLEGHANY/TAMRO SMALL CAP FUND becomes effective.
IN WITNESS WHEREOF, the Parties hereto have caused this Amendment
consisting of one typewritten page, together with Schedule "A", to be signed by
their duly authorized officers and their corporate seals hereunto duly affixed
and attested, as of the day and year first above written.
ALLEGHANY INVESTMENT SERVICES, INC. PFPC INC.
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ALLEGHANY FUNDS PFPC INC.
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/s/ Xxxxxx Xxxxxxxxxx /s/ Xxxxxxx Xxxxxxxx
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By: Xxxxxx Xxxxxxxxxx By: Xxxxxxx Xxxxxxxx
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Title: Vice President Title: Vice President/Division Manager
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/s/Xxxxx Xxxxx
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Attest: Xxxxx Xxxxx Attest:
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Title: Assistant Treasurer Title:
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EXHIBIT A
PORTFOLIOS
Alleghany/Chicago Trust Money Market Fund
Alleghany/Chicago Trust Municipal Bond Fund
Alleghany/Chicago Trust Bond Fund
Alleghany/Chicago Trust Balanced Fund
Alleghany/Chicago Trust Talon Fund
Alleghany/Chicago Trust Growth & Income Fund
Alleghany/Chicago Trust Large Cap Value Fund
Alleghany/Veredus Aggressive Growth Fund
Alleghany/Montag & Xxxxxxxx Balanced Fund
Alleghany/Montag & Xxxxxxxx Growth Fund
Alleghany/Blairlogie International Developed Fund
Alleghany/Blairlogie Emerging Markets Fund
Alleghany/Veredus SciTech Fund
Alleghany/TAMRO Large Cap Value Fund
Alleghany/TAMRO Small Cap Fund
Dated: April 1, 2000
Amended: June 30, 2000
Amended: November 30, 2000