Ex. 23(d)(1)(a)
SUPPLEMENT TO INVESTMENT ADVISORY AGREEMENT
BRAZOS MUTUAL FUNDS
BRAZOS SMALL CAP PORTFOLIO
This agreement supplements the Investment Advisory Agreement (the
"Agreement") between Brazos Mutual Funds (the "Funds") and Xxxx XxXxxx
Investment Counsel, L.P. ("JMIC"), the investment advisor to the Funds, dated
October 14, 1999.
Effective on January 1 2005, JMIC changed its name to Brazos Capital
Management, L.P. As a result, references to JMIC in the Agreement hereby are
replaced with Brazos Capital Management, L.P.
BRAZOS MUTUAL FUNDS
By: /s/ Xxxxx X. Xxxxxxx
--------------------------
Title: President
BRAZOS CAPITAL MANAGEMENT, L.P.
By: /s/ Xxxxxxxx X. Xxxx, Xx.
--------------------------
Title: President
