EXHIBIT 99.77Q1(e)(3)
ICON FUNDS
AMENDMENT TO THE
INVESTMENT ADVISORY AGREEMENT
THIS AMENDMENT to the Investment Advisory Agreement ("Agreement") is made this
1st day of January, 2004 by and between Meridian Investment Management
Corporation (the "Adviser"), a Colorado corporation and ICON Funds (the
"Trust"), a Massachusetts business trust.
WHEREAS, the Trust and the Adviser entered into an Agreement on July 9, 2002, to
have the Adviser provide certain advisory services to the Trust. The Trust and
the Adviser hereby amend the Agreement as follows:
Effective January 1, 2004, the name Meridian Investment Management Corporation
has been changed to ICON Advisers, Inc. All references to Meridian Investment
Management Corporation in this Agreement shall be replaced with ICON Advisers,
Inc.
All other terms of the Agreement shall remain in full force and effect.
This Amendment has been executed as of the date set forth above by a duly
authorized officer of each party.
ICON FUNDS ICON ADVISERS, INC.
By: /s/ Xxxx X. Xxxxxx By: /s/ Xxxxx X. Xxxxx
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Name: Xxxx X. Xxxxxx Name: Xxxxx X. Xxxxx
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Title: Vice President & CFO Title: Vice President
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