▇▇▇▇▇▇ BROTHERS INCOME FUNDS
SUB-ADVISORY AGREEMENT
SCHEDULE A
SERIES OF ▇▇▇▇▇▇ BROTHERS INCOME FUNDS
▇▇▇▇▇▇ Brothers California Tax-Free Money Fund
▇▇▇▇▇▇ Brothers Core Bond Fund
▇▇▇▇▇▇ Brothers Core Plus Bond Fund
▇▇▇▇▇▇ Brothers New York Municipal Money Fund
Date: February 28, 2008
▇▇▇▇▇▇ BROTHERS INCOME FUNDS
SUB-ADVISORY AGREEMENT
SCHEDULE B
RATE OF COMPENSATION
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FUND RATE OF COMPENSATION
BASED ON EACH FUND'S
AVERAGE DAILY NET
ASSETS
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▇▇▇▇▇▇ Brothers California Tax-Free Money Fund 0.03%
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▇▇▇▇▇▇ Brothers Core Bond Fund 0.15%
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▇▇▇▇▇▇ Brothers Core Plus Bond Fund 0.05%
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▇▇▇▇▇▇ Brothers New York Municipal Money Fund 0.03%
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Date: February 28, 2008