EXHIBIT 5(d) JANUS ASPEN SERIES INVESTMENT ADVISORY AGREEMENT HIGH-YIELD PORTFOLIO THIS INVESTMENT ADVISORY AGREEMENT (the "Agreement") is made this 1st day of July, 1997, between JANUS ASPEN SERIES, a Delaware business trust (the "Trust"), and JANUS...Investment Advisory Agreement • February 27th, 1998 • Janus Aspen Series
