EXHIBIT (d)(2)
FIRST AMERICAN INVESTMENT FUNDS, INC.
EXHIBIT A TO INVESTMENT ADVISORY AGREEMENT
Effective ___________, 2001
EFFECTIVE DATES:
PORTFOLIO EFFECTIVE DATE
--------- --------------
Large Cap Value Fund April 2, 1991
Mid Cap Value Fund April 2, 1991
Fixed Income Fund April 2, 1991
Intermediate Tax Free Fund April 2, 1991
Intermediate Term Income Fund September 15, 1992
Equity Index Fund September 15, 1992
Limited Term Income Fund September 15, 1992
Balanced Fund September 15, 1992
Minnesota Intermediate Tax Free Fund December 31, 1993
Colorado Intermediate Tax Free Fund December 31, 1993
Small Cap Growth Fund December 31, 1993
Technology Fund December 31, 1993
International Fund December 31, 1993
Equity Income Fund January 31, 1994
Large Cap Growth Fund January 31, 1994
Real Estate Securities Fund June 12, 1995
Health Sciences Fund January 31, 1996
Oregon Intermediate Tax Free Fund August 5, 1997
California Intermediate Tax Free Fund August 5, 1997
Small Cap Value Fund November 21, 1997
Tax Free Fund July 24, 1998
Minnesota Tax Free Fund July 24, 1998
Mid Cap Growth Fund July 24, 1998
Emerging Markets Fund July 24, 1998
Strategic Income Fund July 24, 1998
California Tax Free Fund February 1, 2000
Arizona Tax Free Fund February 1, 2000
Colorado Tax Free Fund February 1, 2000
Corporate Bond Fund February 1, 2000
Nebraska Tax Free Fund February 28, 2001
High Yield Bond Fund February 28, 2001
Capital Growth Fund [________________]
Relative Value Fund [________________]
Large Cap Core Fund [________________]
Growth & Income Fund [________________]
Mid Cap Core Fund [________________]
Micro Cap Fund [________________]
Small Cap Core Fund [________________]
Science & Technology Fund [________________]
Mid Cap Index Fund [________________]
Small Cap Index Fund [________________]
Bond IMMDEX Fund [________________]
U.S. Government Securities Fund [________________]
Missouri Tax Free Fund [________________]
ADVISORY FEES:
ANNUAL ADVISORY FEE
AS A PERCENTAGE OF
PORTFOLIO AVERAGE DAILY NET ASSETS AVERAGE DAILY NET ASSETS
--------- ------------------------ ------------------------
Large Cap Value Fund On All Assets .65%
Mid Cap Value Fund On All Assets .70%
Fixed Income Fund On All Assets .50%
Intermediate Tax Free Fund On All Assets .50%
Intermediate Term Income Fund On All Assets .50%
Equity Index Fund On All Assets .25%
Limited Term Income Fund On All Assets .50%
Balanced Fund On All Assets .65%
Minnesota Intermediate Tax Free Fund On All Assets .50%
Colorado Intermediate Tax Free Fund On All Assets .50%
Small Cap Growth Fund On All Assets .70%
Technology Fund On All Assets .70%
International Fund On All Assets 1.10%
Equity Income Fund On All Assets .65%
Large Cap Growth Fund On All Assets .65%
Real Estate Securities Fund On All Assets .70%
Health Sciences Fund On All Assets .70%
Oregon Intermediate Tax Free Fund On All Assets .50%
California Intermediate Tax Free Fund On All Assets .50%
Small Cap Value Fund On All Assets .70%
Tax Free Fund On All Assets .50%
Minnesota Tax Free Fund On All Assets .50%
Mid Cap Growth Fund On All Assets .70%
Emerging Markets Fund On All Assets 1.15%
Strategic Income Fund On All Assets .70%
California Tax Free Fund On All Assets .50%
Arizona Tax Free Fund On All Assets .50%
Colorado Tax Free Fund On All Assets .50%
Corporate Bond Fund On All Assets .70%
Nebraska Tax Free Fund On All Assets .50%
High Yield Bond Fund On All Assets .70%
Capital Growth Fund On All Assets .65%
Relative Value Fund On All Assets .65%
Large Cap Core Fund On All Assets .65%
Growth & Income Fund On All Assets .65%
Mid Cap Core Fund On All Assets .70%
Micro Cap Fund On All Assets 1.40%
Small Cap Core Fund On All Assets .70%
Science & Technology Fund On All Assets .70%
Mid Cap Index Fund On All Assets .25%
Small Cap Index Fund On All Assets .40%
Bond IMMDEX Fund On All Assets .30%
U.S. Government Securities Fund On All Assets .50%
Missouri Tax Free Fund On All Assets .50%