EXHIBIT (d)(7) FORM OF SCHEDULE A TO SUB-ADVISORY AGREEMENT

EXHIBIT (d)(7)

                  FORM OF SCHEDULE A TO SUB-ADVISORY AGREEMENT



                                    FORM OF
                                   SCHEDULE A

                            To Sub-Advisory Agreement

                               Dated as of _____

                                     Between

           BB&T Asset Management, Inc. and Xxxxx & Xxxxxxxxxxxx, Inc.



           Name Of Fund                            Annual Rate Of Compensation
           ------------                            ---------------------------
                                        
BB&T Equity Income Fund                    ___ % of the Fund's average daily net assets

Consented to by:

Date: __________, 2004                     BB&T ASSET MANAGEMENT, INC.

                                           By: _______________________

Date: __________, 2004                     XXXXX & XXXXXXXXXXXX, INC.

                                           By: ________________________