AMENDMENT TO INVESTMENT SUBADVISORY AGREEMENT

AMENDMENT TO INVESTMENT SUBADVISORY AGREEMENT

This Amendment, effective April 30, 2011, is entered into by and between New Amsterdam Partners LLC and Xxxxxxx Investment Management, Inc.

WHEREAS, New Amsterdam Partners LLC as the investment sub-advisor to the Xxxxxxx Capital Accumulation Fund (the “Fund”) and Xxxxxxx Asset Management Company, Inc. as the investment adviser to the Fund, a series of Xxxxxxx World Values Fund, Inc., entered into an investment subadvisory agreement on September 16, 2005 (the “Agreement”); and

WHEREAS, effective April 30, 2011, Xxxxxxx Asset Management Company, Inc. changed its name to “Xxxxxxx Investment Management, Inc.”;

NOW, THEREFORE, it is hereby agreed that the Agreement is revised to reflect this name change of the investment adviser to “Xxxxxxx Investment Management, Inc.”

Date: April 30, 0000

Xxx Xxxxxxxxx Partners LLC

By: __________________________________

Name: _______________________________

Title: ________________________________

Xxxxxxx Investment Management, Inc.

By: __________________________________

Name: Xxxxxxx X. Xxxxxxxxx

Title: Senior Vice President and Secretary