Exhibit (d)(1)(b)
XXXXXX INSIGHT FUNDS TRUST
0000 Xxxxxxx Xxxxx
Xxxx xx Xxxxxxx, XX 00000
September 9, 2002
Xxxxxx Investment Management, Inc.
000 X. XxXxxxx Xxxxxx 0xx Xxxxx
Xxxxxxx, XX 00000
To Whom It May Concern:
Reference is made to the notice provisions of the following agreements
on behalf of Xxxxxx Insight Funds Trust (the "Trust"): the Investment Advisory
Contract between Xxxxxx Investment Management, Inc. ("HIM") and the Trust dated
April 28, 2000 (the "Advisory Agreement"); the Distribution Agreement between
PFPC Distributors, Inc. ("PFPC-DI") and the Trust dated March 16, 2001; the
Administration Agreement between Xxxxxx Trust and Savings Bank ("Xxxxxx") and
the Trust dated July 1, 1996; the Sub-Administration and Accounting Services
Agreement between Xxxxxx and PFPC Inc. ("PFPC") dated July 1, 1996; the Transfer
Agency Services Agreement between Xxxxxx and the Trust dated July 1, 1996; the
Sub-Transfer Agency Services Agreement between Xxxxxx and PFPC dated July 1,
1996; the Custodian Agreement between the Trust and PFPC Trust Company
("PFPC-TC"), dated February 23, 1996; and the Sub-Custodian Services Agreement
among PFPC-TC, PNC Bank, N.A. ("PNC") and the Trust dated February 18, 1999.
This writing is to provide notice of the addition of a new series under
the Trust: Xxxxxx Insight High Yield Bond Fund (the "New Portfolio"). The New
Portfolio is to be considered a Fund under the Advisory Agreement and shall be
subject to the terms set forth under that Agreement. HIM shall be compensated
for services rendered under the Advisory Agreement as is consistent with that
Agreement.
The Trust requests that you act in the capacity of Investment Adviser
with respect to the New Portfolio while continuing to act as Investment Adviser
with respect to the Funds named in the Advisory Agreement.
If the foregoing is in accordance with your understanding, please so
indicate by signing and returning to us the enclosed copy hereof.
Sincerely,
Xxxxxx Insight Funds Trust
/s/ Xxxxx X. Xxxxxxxx
-----------------------------
Xxxxx X. Xxxxxxxx
President
Xxxxxx Investment Management, Inc.
Accepted: /s/ Xxxxxxx X. Xxxxxxxxx
------------------------------
By: Xxxxxxx X. Xxxxxxxxx
Title: President
EXHIBIT A
This Exhibit A, dated as of September 9, 2002, is Exhibit A to the
Investment Advisory Contract dated April 28, 2000 between Xxxxxx Insight Funds
Trust and Xxxxxx Investment Management, Inc.
XXXXXX INSIGHT FUNDS
Fund Fee (1)
--------- -------
Xxxxxx Insight Government Money Market Fund 1st $100 million: 0.14
>$100 million: 0.10
Xxxxxx Insight Money Market Fund 1st $100 million: 0.14
>$100 million: 0.10
Xxxxxx Insight Tax-Exempt Money Market Fund 1st $100 million: 0.14
>$100 million: 0.10
Xxxxxx Insight Short/Intermediate Bond Fund 0.70
Xxxxxx Insight Bond Fund 0.65
Xxxxxx Insight High Yield Bond Fund 0.45
Xxxxxx Insight Intermediate Government Bond Fund 0.65
Xxxxxx Insight Intermediate Tax-Exempt Bond Fund 0.60
Xxxxxx Insight Tax-Exempt Bond Fund 0.60
Xxxxxx Insight Convertible Securities Fund 0.70
Xxxxxx Insight Equity Fund 0.70
Xxxxxx Insight Large-Cap Aggressive Growth Fund 0.75
Xxxxxx Insight Small-Cap Aggressive Growth Fund 0.75
Xxxxxx Insight Technology Fund 0.75
Xxxxxx Insight Equity Income Fund 0.70
Xxxxxx Insight Growth Fund 0.90
Xxxxxx Insight Small-Cap Opportunity Fund 1.00
Xxxxxx Insight Small-Cap Value Fund 0.80
Xxxxxx Insight Index Fund 0.25
Xxxxxx Insight Balanced Fund 0.60
Xxxxxx Insight International Fund 1.05
Xxxxxx Insight Emerging Markets Fund 1.25
(1) Calculated as a percentage of average daily net assets for each portfolio.
XXXXXX INSIGHT FUNDS TRUST
By: /s/ Xxxxx X. Xxxxxxxx
------------------------
Xxxxx X. Xxxxxxxx
Title: President
XXXXXX INVESTMENT MANAGEMENT, INC.
By: /s/ Xxxxxxx X. Xxxxxxxxx
------------------------
Xxxxxxx X. Xxxxxxxxx
Title: President
