SUBADVISORY AGREEMENTSubadvisory Agreement • May 1st, 2009 • Advisorone Funds • New York
Contract Type FiledMay 1st, 2009 Company JurisdictionTHIS AGREEMENT is made and entered into as of this 20th day of April 2009, by and between CLS INVESTMENTS, LLC (the "Adviser"), a Nebraska limited liability company located at located at 4020 South 147th Street, Omaha, Nebraska 68137 and HORIZON INVESTMENTS, LLC (the “Sub-Adviser”), a South Carolina limited liability company located at 7401 Carmel executive Park, Suite 106, Charlotte, North Carolina 28226, with respect to the Reservoir Fund (the “Fund”), a series of the ADVISORONE FUNDS, a Delaware statutory trust (the “Trust”).