SUB-ADVISORY AGREEMENTSub-Advisory Agreement • December 28th, 2009 • FBR Funds • Delaware
This Sub-Advisory Agreement is made as of the ___ day of _______, 2010, by and between FBR Fund Advisers, Inc. (the “Adviser”) and Financial Counselors, Inc. (the “Sub-Adviser”).
INVESTMENT ADVISORY AGREEMENTInvestment Advisory Agreement • December 28th, 2009 • FBR Funds • Delaware
AGREEMENT made as of the __ day of ________, 2010, by and between The FBR Funds, a Delaware statutory trust which may issue one or more series of shares of beneficial interest (the “Trust”), and FBR Fund Advisers, Inc., a Delaware corporation (the “Adviser”).
