Exhibit d(iv) under form N-1A
Exhibit Ex-10 under Item 24/Reg. S-K
MASTER INVESTMENT ADVISORY CONTRACT
LETTER AGREEMENT
Freedom Capital Management Corporation
Xxx Xxxxxx Xxxxxx
Xxxxxx, Xxxxxxxxxxxxx 00000-0000
January 1, 1999
FundManager Portfolios
Xxx Xxxxxx Xxxxxx
Xxxxxx, Xxxxxxxxxxxxx 00000
RE: Managed Total Return Portfolio
Dear Sirs:
Under the Master Investment Advisory Contract between Freedom Capital
Management Corporation (the "Adviser") and FundManager Portfolios (the "Trust"),
dated May 20, 1998, the Adviser agrees to waive its management fee of 0.50% for
Managed Total Return Portfolio until the earlier of September 30, 1999 or the
date this Portfolio's assets exceed $20 million.
If the foregoing correctly sets forth the agreement between the Trust and
the Adviser, please so indicate by signing and
returning to the Trust the enclosed copy hereof.
Very truly yours,
FREEDOM CAPITAL MANAGEMENT
CORPORATION
By:
Title:
ACCEPTED:
FUNDMANAGER PORTFOLIOS,
on behalf of Managed Total Return Portfolio
By:
Title:
