THE DUNHAM FUNDS SUB-ADVISORY AGREEMENTSub-Advisory Agreement • September 26th, 2008 • Dunham Funds • California
This AGREEMENT is dated September 23, 2008, and effective on or about October 1, 2008, among DUNHAM & ASSOCIATES INVESTMENT COUNSEL, INC., a California corporation (the “Adviser”), DUNHAM FUNDS, a Delaware statutory trust (the “Trust”) and ARROWSTREET CAPITAL, Limited Partnership, a Massachusetts limited partnership (the “Sub-Adviser”) (each a “Party,” and together, the “Parties”).
