EXHIBIT (d)(2)(H)(ii)
AMENDMENT TO THE
INVESTMENT SUB-ADVISORY AGREEMENT
Effective as of August 10, 2004
The Investment Sub-Advisory Agreement dated as of March 1,2002 by and among WM
Advisors, Inc., Trust II and OppenheimerFunds, Inc. (the "Agreement") is hereby
amended as follows:
1. Paragraph 2 of the Agreement is amended by adding the following
after the second sentence thereof:
The Sub-Advisor has responsibility for providing investment services and advice
only with respect to such discrete portion of the Fund as may from time to time
be allocated to the Sub-Advisor by WM Advisors.
2. Paragraph 2 of the Agreement is amended by adding the following to
the end thereof:
The Sub-Advisor will not consult with any other sub-advisors of any other funds
within the Trust (or any sub-advisors with respect to any other portion of the
Fund) concerning the transactions in securities or other assets of the Fund or
any other funds of the Trust other than for purposes of complying with the
conditions of paragraphs (a) and (b) of Rule 12d3-1 under the 1940 Act.
3. This amendment shall become effective on August 10,2004, shall
continue so long as the Agreement remains in effect and shall terminate
automatically upon termination of the Agreement.
4. Except as otherwise amended by this amendment agreement, the
provisions of the Agreement are ratified and confirmed by the parties.
WM ADVISORS, INC. TRUST II, on behalf of its Growth
Fund series
By: /s/ Xxxxxxx X. Xxxxxx By: /s/ Xxxx X. Xxxx
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Name: Xxxxxxx X. Xxxxxx Name: Xxxx X. Xxxx
Title: President Title: First Vice President
OPPENHEIMERFUNDS, INC.
By: /s/ Xxxxxxx X. Xxxxxxxx Date 9/15/04
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Name: Xxxxxxx X. Xxxxxxxx
Title: Senior Vice President
