XXXX XXXXXXX SERIES TRUST
On behalf of
XXXX XXXXXXX REAL ESTATE FUND
AMENDMENT TO INVESTMENT MANAGEMENT CONTRACT
It is hereby agreed that on June 7, 2005, the Board of Trustees of Xxxx
Xxxxxxx Real Estate Fund (the "Fund") voted to amend the first paragraph of
Section 5 of the Fund's Investment Management Contract, effective July 1, 2005,
as follows:
5. COMPENSATION OF THE ADVISER. For all services to be rendered, facilities
furnished and expenses paid or assumed by the Adviser as herein provided,
the Adviser shall be entitled to a fee, paid monthly in arrears, at an
annual rate equal to (i) 0.80% of the average daily net asset value of the
Fund up to $1,500,000,000 of average daily net assets; and (ii) 0.75% of the
amount over $1,500,000,000 of average daily net assets.
Executed this 1st day of July, 2005.
XXXX XXXXXXX SERIES TRUST,
On behalf of Xxxx Xxxxxxx Real Estate Fund
By: /s/Xxxxxx X. Xxxxxxxxx
Xxxxxx X. Xxxxxxxxx
Assistant Vice President and Assistant Secretary
XXXX XXXXXXX ADVISERS, LLC
By: /s/Xxxxx X. Xxxxxxxxxx
Xxxxx X. Xxxxxxxxxx
Assistant Vice President and Assistant Secretary
