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EXHIBIT 23(d)(8)
[Kent Funds Letterhead]
June 27, 2000
Xxxxxx X. Xxxxxxx
President
Lyon Street Asset Management Company
000 Xxxx Xxxxxx, XX
Xxxxx Xxxxxx, Xxxxxxxx 00000
Re: Investment Advisory Agreement
Dear Xx. Xxxxxxx:
The Xxxx Funds ("Fund") hereby requests, pursuant to paragraph 1(b) of the First
Amendment to Investment Advisory Agreement dated May 2, 1991 ("Agreement")
between the Fund and Old Kent Bank and Trust Company (whose obligations have
been assumed by Lyon Street Asset Management Company), that Lyon Street Asset
Management Company perform for the following additional portfolios of the Fund
the services described in the Agreement. The compensation to be paid by each
portfolio of the Fund to Lyon Street Asset Management Company for its service is
as set forth below:
Compensation - Annual Fee
As a Percentage of Average
Portfolio Daily Net Assets
--------- --------------------------
Kent Science and Technology Fund 0.70%
Xxxx Xxxxxxxxxx Fund 0.70%
Kent Cascade Fund 0.70%
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Lyon Street Asset Management Company
June 27, 2000
Page 2
Please acknowledge your consent to the above by signing and returning this
letter to the Fund.
Sincerely,
THE KENT FUNDS
By: /s/Xxxxx X. Xxxx
Xxxxx X. Xxxx
President
Agreed to and accepted:
LYON STREET ASSET MANAGEMENT COMPANY
By: /s/ Xxxxxx X. Xxxxxxx
Name: Xxxxxx X. Xxxxxxx
Title: President
Date:
