SUPPLEMENT TO INVESTMENT ADVISORY AGREEMENTInvestment Advisory Agreement • October 4th, 2001 • Pictet Funds
This letter is to confirm that the undersigned, Pictet Funds, a Massachusetts business trust (the "Trust"), and Pictet International Management Limited (the "Adviser") have agreed that the Investment Advisory Agreement between the Trust and the Adviser dated October 3, 1995 (the "Agreement"), is herewith amended to provide that the Adviser shall act as investment adviser to the Pictet Global Water Fund (the "Fund") on the terms and conditions contained in the Agreement and Supplement. The investment advisory fee for such services to the Fund shall be at the annual rate of 1.00% of the average daily net assets of the Fund, computed at the end of each month and payable within five (5) business days thereafter.
Exhibit 1 To the Transfer Agency and Services Agreement dated October 3, 1995Pictet Funds • October 4th, 2001
Pictet Global Emerging Markets Fund (Institutional Class and Retail Class) Pictet International Small Companies Fund (Institutional Class and Retail Class) Pictet Eastern European Fund (Institutional Class and Retail Class) Pictet European Equity Fund (Institutional Class and Retail Class) Pictet International Equity Fund (Institutional Class and Retail Class) Pictet Global Water Fund (Institutional Class and Retail Class)
SCHEDULE A TO THE ADMINISTRATION AGREEMENT DATED OCTOBER 3, 1995 AS REVISED ________________ , 2001 SERIES AND CLASSES OF THE TRUSTPictet Funds • October 4th, 2001
IN WHITNESS WHEREOF, the parties hereto have caused this Schedule A to be executed by their duly authorized officers, as of the day and year first written above.
