JULIUS BAER GLOBAL EQUITY FUND, INC. SECOND AMENDMENT TO THE TRANSFER AGENT SERVICING AGREEMENT

                                                                Exhibit 99.(h12)


                      XXXXXX XXXX GLOBAL EQUITY FUND, INC.
                             SECOND AMENDMENT TO THE
                       TRANSFER AGENT SERVICING AGREEMENT

         THIS AMENDMENT dated as of the 27th day of June, 2007, to the Transfer
Agent Servicing Agreement, dated as of July 19, 2004, and as amended June 28,
2006, (collectively the "Agreement"), is entered by and between XXXXXX XXXX
INVESTMENT FUNDS, a Massachusetts trust (the "Trust") and U.S. BANCORP FUND
SERVICES, LLC, a Wisconsin limited liability company ("USBFS").

                                    RECITALS

         WHEREAS, the parties have entered into a Transfer Agent Servicing
Agreement; and

         WHEREAS, the Trust intends to modify the services, duties and term of
the Agreement; and

         WHEREAS, Section 9 of the Agreement allows for its amendment by a
written instrument executed by both parties.

         NOW, THEREFORE, the parties agree as follows:

1.       The following language shall be added to the Agreement as Section 2 T:

         T.       Support and communication to underlying shareholders or
                  broker/dealers for accounts flagged for market timing or
                  suspicious activity in conjunction with other third party
                  vendor reporting.

2.       Section 9 of the Agreement shall be replaced with the following:

         Term of Agreement; Amendment

         This Agreement shall become effective as of the date first written
         above and will continue in effect for a period of two years, provided
         that this Agreement may be terminated without penalty at any time by
         the Trust in the event that USBFS does not adhere to its service level
         standards. Subsequent to the initial three-year term, this Agreement
         may be terminated by either party upon giving ninety (90) days prior
         written notice to the other party or such shorter period as is mutually
         agreed upon by the parties. However this Agreement may be amended by
         mutual written consent of the parties.

Except to the extent supplemented hereby, the Agreement shall remain in full
force and effect.



                                     - 1 -


         IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed by a duly authorized officer on one or more counterparts as of the date
and year first written above.

XXXXXX XXXX INVESTMENT FUNDS           U.S. BANCORP FUND SERVICES, LLC


By: /s/ Xxxx Xxxxxxxx                  By: /s/ Xxx X. Xxxxxxx
    -----------------------------          ---------------------------
Xxxx Xxxxxxxx                          Xxx X. Xxxxxxx
President                              President


By: /s/ Xxxxx Xxxxxx
    -----------------------------
Xxxxx Xxxxxx
Chief Financial Officer







                                     - 2 -