SCHEDULE B
                                       TO
                          INVESTMENT ADVISORY AGREEMENT
                               DATED JULY 1, 2005
                                     BETWEEN
                                 WT MUTUAL FUND
                                       AND
                      ▇▇▇▇▇▇ SQUARE MANAGEMENT CORPORATION
                        INVESTMENT ADVISORY FEE SCHEDULE
                                ANNUAL FEE AS A PERCENTAGE
PORTFOLIO/FUND                  OF AVERAGE DAILY NET ASSETS
-----------------------------   -------------------------------------------------------------------------
                             
Roxbury Micro Cap               1.50%
Roxbury Mid Cap Fund            0.75% of the Portfolio's first $1 billion of average daily net assets;
                                0.70% of the Portfolio's next $1 billion of average daily net assets; and
                                0.65% of the Portfolio's average daily net assets over $2 billion.
Roxbury Small Cap Growth Fund   1.00% of the Portfolio's first $1 billion of average daily net assets;
                                0.95% of the Portfolio's next $1 billion of average daily net assets; and
                                0.90% of the Portfolio's average daily net assets over $2 billion.