POTOMAC FUNDS FORM OF SUBADVISORY AGREEMENTSubadvisory Agreement • September 2nd, 2004 • Potomac Funds • Massachusetts
This Subadvisory Agreement is made as of August __, 2004 (the "Effective Date"), between Rafferty Asset Management, LLC, a New York limited liability corporation (the "Adviser"), and Horizon Capital Management, Inc., a [________] corporation (the "Subadviser").
