INVESTMENT ADVISORY AGREEMENTInvestment Advisory Agreement • February 28th, 2020 • American Beacon Institutional Funds Trust • Texas
Contract Type FiledFebruary 28th, 2020 Company JurisdictionAGREEMENT made this 7th day of February, 2020, by and among American Beacon Institutional Funds Trust, a Delaware Statutory Trust (“Trust”), American Beacon Advisors, Inc., a Delaware Corporation (the “Manager”), and WCM Investment Management, LLC, a Delaware limited liability company (the “Adviser”);