Exhibit d(i)
CIGNA FUNDS GROUP
000 XXXXX XXXXXX
XXXXX 000
XXXXXXXXX, XX 00000
January 3, 2000
CIGNA Investments, Inc.
000 Xxxxxxx Xxxxx Xxxx
Xxxxxxxx, XX 00000
Re: First Amended and Restated Master Investment Advisory Agreement Dated
as of April 30, 1996 (the "Master Investment Advisory Agreement")
Between CIGNA Investments, Inc. (the "Adviser") and CIGNA Funds Group
(the "Trust")
Dear Madam or Sir:
Please be advised that the Trust has established new series of shares, namely:
Balanced Fund, Core Plus Fixed Income Fund, Foreign Stock Fund, Large Company
Stock Growth Fund, Large Company Stock Value Fund, Small Company Stock Growth
Fund and Small Company Stock Value Fund (the "Series"). The Trust desires to
retain you to render management and investment advisory services pursuant to the
above-captioned Master Investment Advisory Agreement for the Series. The
proposed advisory fees payable with respect to the Series are set forth on
Schedule A-2 attached hereto.
If you are willing to render management and investment advisory services
pursuant to the Master Investment Advisory Agreement and the fee schedule
attached hereto, please so indicate by signing below.
Please be further advised that the trust has renamed two existing series: Money
Market Fund (f/k/a CIGNA Money Market Fund) and Large Company Stock Index Fund
((f/k/a CIGNA S&P 500 Index Fund).
Copies of the Master Trust Agreement establishing the Trust are on file with the
Secretary of the Commonwealth of Massachusetts, and notice is hereby given that
this document is executed on behalf of the Trust by an officer of the Trust and
not individually and that any obligations of or arising out of this document are
not binding upon any of the Trustees, officers, shareholders, employees or
agents of the Trust individually, but are binding only upon the assets and
property of the Trust.
Sincerely,
CIGNA Funds Group
/s/ Xxxxxxx X. Xxxxx
By:__________________________________________________
By: Xxxxxxx X. Xxxxx
Its: Chairman of the Board and President
Accepted and Agreed to.
CIGNA Investments, Inc.
/s/ Xxxxxx X. Xxxxx
By:__________________________________________________
By: Xxxxxx X. Xxxxx
Its: President
SCHEDULE A-2 TO MASTER INVESTMENT ADVISORY AGREEMENT
ATTACHED TO LETTER DATED JANUARY 3, 2000
Compensation Schedule for the following Series:
Balanced Fund
Core Plus Fixed Income Fund
Foreign Stock Fund
Large Company Stock Growth Fund
Large Company Stock Value Fund
Small Company Stock Growth Fund
Small Company Stock Value Fund
The Trust shall pay the Adviser as full compensation for all services rendered
and all facilities furnished hereunder, a management fee for each Series by
applying the following percentages of the average daily net asset value of each
Series for the calendar year, computed in the manner used for the determination
of the offering price of Shares of the Series:
Balanced Fund 0.75
Core Plus Fixed Income Fund 0.60
Foreign Stock Fund 1.00
Large Company Stock Growth Fund 0.80
Large Company Stock Value Fund 0.75
Small Company Stock Growth Fund 1.00
Small Company Stock Value Fund 1.00
The fee accrued as of the end of each month shall be paid no later than the 15th
of the following month.
