AMENDMENT TO SUBADVISORY AGREEMENT

                                                                     EXHIBIT D10

                                    AMENDMENT
                            TO SUBADVISORY AGREEMENT

     This amendment to the Subadvisory Agreement is made effective this 25th day
of April, 2003 between Deutsche Investment Management Americas, Inc. ("Manager")
and Northern Trust Investments, Inc. ("Subadviser").

     WHEREAS, Manager and Subadviser entered into that certain Subadvisory
Agreement dated April 25, 2003 (the "Agreement"), setting forth the terms and
conditions under which Manager has engaged Subadviser to provide subadvisory
services with respect to Xxxxxxx S&P 500 Stock Fund (the "Fund"), a series of
Xxxxxxx Investors Trust (the "Trust");

     WHEREAS, Manager or its affiliates may, from time to time, engage other
subadvisers to advise series of the Trust (or portions thereof) or other
registered investment companies (or series or portions thereof) that may deemed
to be under common control (each a "Subadvised Fund"); and

     WHEREAS, Manager and Subadviser desire to amend the Agreement to the extent
required to rely on certain exemptive rules under the Investment Company Act of
1940, as amended, that permit certain transactions with a subadviser or its
affiliates (the "Rules").

     NOW THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which is acknowledged, the parties hereby amend the Agreement as
follows:

     1.   The Agreement is supplemented to add the following provision:

     Subadviser agrees that it will not consult with any other subadviser
engaged by Manager with respect to transactions in securities or other assets
concerning the Fund or another Subadvised Fund, except to the extent permitted
by the Rules.

     2.   No changes to the Agreement are intended by the parties other than the
changes reflected in Section 1 of this Amendment, and all other provisions of
the Agreement are hereby confirmed.

     IN WITNESS THEREOF, Manager and Subadviser have caused this Amendment to be
executed by their duly authorized officers effective as of the date first
written above.

DEUTSCHE INVESTMENT                             NORTHERN TRUST INVESTMENTS, INC.
MANAGEMENT AMERICAS, INC.

By:                                             By:
    ---------------------------------------         ---------------------------
Name:  Xxxxxxx Xxxxxxxx                         Name:
Title: General Counsel, Chief Legal Officer     Title:
& Secretary