EXHIBIT (d.2) THE METZLER/PAYDEN INVESTMENT GROUP 333 South Grand Avenue, 32nd Floor Los Angeles, California 90071 December __, 2002 Metzler-Payden, LLC 333 South Grand Avenue, 32nd Floor Los Angeles, CA 90071 Ladies and Gentlemen: As you know, we...Metzler Payden Investment Group • December 9th, 2002
As you know, we wish to retain Metzler-Payden, LLC to act as investment adviser to the following four series established pursuant to the Declaration of Trust, dated as of May 1, 2002, as amended. Accordingly, this will confirm our agreement to amend Exhibit A to the Investment Management Agreement between us, dated as of June 21, 2002, by adding the following:
