0001111830-10-000748 Sample Contracts

Re: Advisory Agreement
Investment Trust • August 18th, 2010 • Schwartz Investment Trust • Michigan

Schwartz Investment Trust (the "Trust") is a diversified open-end management investment company registered under the Investment Company Act of 1940, as amended (the "Act"), and subject to the rules and regulations promulgated thereunder. The Trust has established the Ave Maria World Equity Fund (the "Fund") as a series of shares of the Trust.

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