Exhibit (d)(3)(a)
AMENDMENT
TO THE
SUB-ADVISORY AGREEMENT
The Sub-Advisory Agreement entered into by and between Ohio National
Investments, Inc. (the "Adviser") and Janus Capital Management LLC (the
"Sub-Adviser") as of April 3, 2002 for investment advisory services with respect
to the Aggressive Growth Portfolio of Ohio National Fund, Inc. is hereby
amended, effective July 1, 2003, by amendment Section 7 thereof to read as
follows:
SECTION 7. Proxies
The Adviser shall vote proxies for securities held by the Fund in
accordance with the Adviser's policies for proxy voting. The Adviser agrees that
it shall provide the Sub-Adviser a copy of the Adviser's policies.
In Witness Whereof, this Amendment has been executed by the parties hereto
effective as of the first day of July, 2003.
OHIO NATIONAL INVESTMENTS, INC. JANUS CAPITAL MANAGEMENT LLC
By: /s/ Xxxxxxxxxxx X. Xxxxxxx By: /s/Xxxxxx X. Xxxx
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Xxxxxxxxxxx X. Xxxxxxx, President Xxxxxx X. Xxxx
Accepted and Agreed:
OHIO NATIONAL FUND, INC.
By: /s/Xxxx X. Xxxxxx
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Xxxx X. Xxxxxx, President
Amd Sub Advisory - Signature ONII-Janus