SouthTrust Vulcan Funds Page 1 7/18/95, ver.1
Exhibit 5(I) on Form N-1A
Exhibit (10) under Item 601/Reg S-K
AMENDMENT
to the
Investment Advisory Agreement
dated May 6, 1992 between
SouthTrust Vulcan Funds and
SouthTrust Bank of Alabama, N.A.
SouthTrust Vulcan Income Fund
The Investment Advisory Agreement ("Agreement") referred to above is
amended as follows:
1. Delete the second recital in its entirety and substitute in its
place the following:
"WHEREAS, the Company has four investment portfolios: the
Treasury Obligations Money Market Fund, the Bond Fund, the Stock
Fund and the Income Fund (the "Portfolios"); and "
2. Delete the first paragraph of Paragraph 7 in its entirety and
substitute in its place the following:
"7. Compensation. For the services provided and the
expenses
assumed pursuant to this Agreement, effective as of the
date hereof, the Company will pay SouthTrust and SouthTrust
will accept as full compensation therefor, subject to the
provisions of paragraph 6, above, a fee, computed daily and
paid monthly (in arrears), at an annual rate of .50% of the
average daily net assets of the Treasury Obligations Money
Market Fund, .60% of the average daily net assets of the
Bond Fund, .75% of the average daily net assets of the
Stock Fund and .60% of the average daily net assets of the
Income Fund."
Witness the due execution hereof this 1st day of September, 1995.
Attest: SouthTrust Bank of Alabama, N.A.
By:
Secretary Executive Vice President
Attest: SouthTrust Vulcan Funds
By:
Assistant Secretary Chairman
