Exhibit 23(d)(iv) on Form N-1A
Exhibit 10 under Item 601/Reg. S-K
INVESTMENT ADVISORY CONTRACT
LETTER AGREEMENT
Huntington Asset Advisors, Inc.
00 Xxxxx Xxxx Xxxxxx
Xxxxxxxx, XX 00000
April 15, 2004
Huntington VA Funds
00 Xxxxx Xxxx Xxxxxx
Xxxxxxxx, XX 00000
Dear Sirs:
Under the Investment Advisory Contract between Huntington
Asset Advisors, Inc. (the "Advisor") and Huntington VA Funds (the
"Trust"), dated May 12, 2001, as amended, the Adviser agrees to
contractually waive all or a portion of its investment advisory
fee (based on average daily net assets) to which it is otherwise
entitled to receive from the Funds listed below and/or to
reimburse certain operating expenses of the Funds in order to
limit each Fund's total operating expenses to not more than 1.00%
of the Fund's average daily net assets, for the period starting
May 1, 2004 through April 30, 2005.
Xxxxxxxxxx VA Dividend Capture Huntington VA Mid Corp America
Fund Fund
Huntington VA Growth Fund Huntington VA Mortgage
Securities Fund
Huntington VA Income Equity Fund Huntington VA New Economy Fund
Huntington VA International Huntington VA Rotating Markets
Equity Fund Fund
Huntington VA Macro 100 Fund Huntington VA Situs Small Cap
Fund
If the foregoing correctly sets forth the agreement between
the Trust and the Adviser, please so indicate by signing and
returning to the Trust the enclosed copy hereof. This may be
executed in counterpart.
Very truly yours,
HUNTINGTON ASSET ADVISORS, INC.
By: /s/ X. Xxxxxxxx Xxxxxxx
Name: X. Xxxxxxxx Xxxxxxx
Title: President & Chief
Investment Officer
ACCEPTED:
HUNTINGTON VA FUNDS
By:/s/ Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Assistant Treasurer
