Exhibit (h)(3) EXPENSE WAIVER & REIMBURSEMENT AGREEMENT As Amended on August 11, 2004 THIS AGREEMENT is entered into as of the 11h day of August, 2004 by and between Ashport Mutual Funds and StateTrust Capital, LLC (together the "Parties"). This...Expense Waiver & Reimbursement Agreement • March 25th, 2005 • Ashport Mutual Funds Trust • Florida
