0001320615-09-000002 Sample Contracts

SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • May 28th, 2009 • MGI Funds • New York

AGREEMENT made as of the 20th day of November, 2008 by and between Mercer Global Investments, Inc., a Delaware corporation (the “Advisor”), and Systematic Financial Management, L.P. a Delaware limited partnership (the “Sub-Advisor”).

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SUB-ADVISORY AGREEMENT
Final • May 28th, 2009 • MGI Funds • New York

AGREEMENT made as of the 13th day of March, 2009 by and between Mercer Global Investments, Inc., a Delaware corporation (the “Advisor”), and Morgan Stanley Investment Management Inc., a Delaware Corporation (the “Sub-Advisor”).

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