SUB-ADVISORY AGREEMENT PADCO Advisors, Inc. d/b/a Rydex Investments 9601 Blackwell Road, Suite 500 Rockville, MD 20850 Ladies and Gentlemen: Wells Family of Real Estate Funds (the "Trust"), an Ohio business trust, is a diversified open-end management...Sub-Advisory Agreement • March 1st, 2005 • Wells Family of Real Estate Funds • Georgia
