EXHIBIT (d.2)
THE XXXXXXX/XXXXXX INVESTMENT GROUP
000 Xxxxx Xxxxx Xxxxxx, 00xx Xxxxx
Xxx Xxxxxxx, Xxxxxxxxxx 00000
December __, 2002
Xxxxxxx-Xxxxxx, LLC
000 Xxxxx Xxxxx Xxxxxx, 00xx Xxxxx
Xxx Xxxxxxx, XX 00000
Ladies and Gentlemen:
As you know, we wish to retain Xxxxxxx-Xxxxxx, LLC to act as investment
adviser to the following four series established pursuant to the Declaration of
Trust, dated as of May 1, 2002, as amended. Accordingly, this will confirm our
agreement to amend Exhibit A to the Investment Management Agreement between us,
dated as of June 21, 2002, by adding the following:
Xxxxxxx/Xxxxxx Tactical Allocation Fund
Annual Advisory Fee (as a percentage of average daily net assets) -- 0.75%.
Operating Expense Limitation (as a percentage of average daily net assets) 1.50%
Xxxxxxx/Xxxxxx European Emerging Markets Fund
Annual Advisory Fee (as a percentage of average daily net assets) -- 0.75%.
Operating Expense Limitation (as a percentage of average daily net assets) 1.50%
Xxxxxxx/Xxxxxx Euroland Blue Chip Fund
Annual Advisory Fee (as a percentage of average daily net assets) -- 0.75%.
Operating Expense Limitation (as a percentage of average daily net assets) 1.50%
Xxxxxxx/Xxxxxx European Growth Fund
Annual Advisory Fee (as a percentage of average daily net assets) -- 0.75%.
Operating Expense Limitation (as a percentage of average daily net assets) 1.50%
Xxxxxxx-Xxxxxx, LLC
December __, 2002
Page 2
In all other respects, the Investment Management Agreement between us,
as heretofore amended, will remain unchanged. Please sign this letter below to
confirm your agreement to this amendment.
Very truly yours,
THE XXXXXXX/XXXXXX INVESTMENT GROUP
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Xxxxxx X. Xxxxxxx
Secretary
AGREED:
XXXXXXX/XXXXXX, LLC
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Xxxxx X. Xxxxxx
President
