Exhibit (d)(6)
XXXXXX XXXXXXX XXXX XXXXXX UNIVERSAL FUNDS, INC.
Form Of
SUPPLEMENT TO MSDW INVESTMENT MANAGEMENT INVESTMENT ADVISORY AGREEMENT
Targeted Duration Portfolio
SUPPLEMENT (the "Supplement") TO INVESTMENT ADVISORY AGREEMENT dated as
of May 31, 1997 by and between Xxxxxx Xxxxxxx Universal Funds, Inc. (now known
as Xxxxxx Xxxxxxx Xxxx Xxxxxx Universal Funds, Inc.) (the "Fund") and Xxxxxx
Xxxxxxx Asset Management Inc. (now known as Xxxxxx Xxxxxxx Xxxx Xxxxxx
Investment Management Inc.) (the "Adviser") (the "Agreement").
RECITALS
WHEREAS, the Fund has executed and delivered the Agreement which sets
forth the rights and obligations of the parties with respect to the management
of the portfolios of the Fund set forth on Schedule A to such Agreement, as
amended and supplemented from time to time.
WHEREAS, the Fund has created an additional portfolio, the Targeted
Duration Portfolio (the "Additional Portfolio").
AGREEMENTS
Now, therefore, the parties agree as follows:
As provided in Section 1 of the Agreement, the Fund hereby appoints the
Adviser to act as investment adviser to the Additional Portfolio.
The compensation of the Adviser as set forth in Paragraph 3 of the
Agreement with respect to the Additional Portfolio will be as set forth below:
Assets Targeted Duration Portfolio
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First $500 Million %
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From $500 Million to
$1 Billion %
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More than $1 Billion %
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This supplement may be executed in any number of counterparts, each of
which so executed shall be deemed to be an original, but all such counterparts
shall together constitute but one and the same instrument.
The parties listed below have executed this Supplement as of the day
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of , 199
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XXXXXX XXXXXXX XXXX XXXXXX XXXXXX XXXXXXX XXXX XXXXXX
INVESTMENT MANAGEMENT INC. UNIVERSAL FUNDS, INC.
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Name: Xxxxxx X. Xxxxxxx, Xx. Name: Xxxxxxx X. Xxxxx
Title: Principal, General Title: President
Counsel and Secretary
