CUSTODY AGREEMENT The following open-end management investment companies ("Funds") are hereby made parties to the Custody Agreement dated October 18, 1994, with UMB Bank, n.a. ("Custodian") and Trainer, Wortham First Mutual Funds (Formerly known as...

 
                                                              Exhibit 99.B(8)(b)
                                   Appendix B
                                   ----------

                               CUSTODY AGREEMENT

     The following open-end management investment companies ("Funds") are hereby
made parties to the Custody Agreement dated October 18, 1994, with UMB Bank,
n.a. ("Custodian") and Trainer, Xxxxxxx First Mutual Funds (Formerly known as
First Mutual Fund) and agree to be bound by all the terms and conditions
contained in said Agreement.


                                 LIST THE FUNDS
                                 --------------

First Mutual Fund
Trainer, Xxxxxxx Emerging Growth Fund
Trainer, Xxxxxxx Total Return Bond Fund



ATTEST:


-------------------------------               ------------------------------
 
                                              By:       Xxxxx X. Xxxx
                                                 ---------------------------
                                              Name:
                                                   -------------------------
                                              Title:    President
                                                    ------------------------
                                              Date:     July 25, 1996
                                                   -------------------------
 

ATTEST:

-------------------------------               UMB BANK, N.A.

                                              By:
                                                 ---------------------------
                                              Name:
                                                   -------------------------
                                              Title:
                                                    ------------------------
                                              Date:
                                                   -------------------------