EX-99.d.2 ADVSR CONTR
[EXHIBIT (d)(2)]
FIRST AMERICAN INVESTMENT FUNDS, INC.
AMENDMENT TO INVESTMENT ADVISORY AGREEMENT
AMENDMENT NO. 11
TO
EXHIBIT A
EFFECTIVE DATES:
---------------
PORTFOLIO EFFECTIVE DATE
--------- --------------
Large Cap Value Fund April 2, 1991
Mid Cap Value Fund April 2, 1991
Fixed Income Fund April 2, 1991
Intermediate Tax Free Fund April 2, 1991
Intermediate Term Income Fund September 15, 1992
Equity Index Fund September 15, 1992
Limited Term Income Fund September 15, 1992
Balanced Fund September 15, 1992
Minnesota Intermediate Tax Free Fund December, 31, 1993
Colorado Intermediate Tax Free Fund December, 31, 1993
Small Cap Growth Fund December, 31, 1993
Technology Fund December, 31, 1993
International Fund December, 31, 1993
Equity Income Fund January 31, 1994
Large Cap Growth Fund January 31, 1994
Real Estate Securities Fund June 12,1995
Health Sciences Fund January 31, 1996
Oregon Intermediate Tax Free Fund August 5, 1997
California Intermediate Tax Free Fund August 5, 1997
Small Cap Value Fund November 21, 1997
International Index Fund November 21, 1997
Tax Free Fund July 24, 1998
Minnesota Tax Free Fund July 24, 1998
Mid Cap Growth Fund July 24, 1998
Emerging Markets Fund July 24, 1998
Strategic Income Fund July 24, 1998
California Tax Free Fund February 1, 2000
Arizona Tax Free Fund February 1, 2000
Colorado Tax Free Fund February 1, 2000
Corporate Bond Fund February 1, 2000
<PAGE>
ADVISORY FEES:
--------------
ANNUAL ADVISORY
FEE AS A PERCENTAGE
AVERAGE OF AVERAGE DAILY
PORTFOLIO DAILY NET ASSETS NET ASSETS
--------- ---------------- -------------------
Large Cap Value Fund On All Assets .70%
Mid Cap Value Fund On All Assets .70%
Fixed Income Fund On All Assets .70%
Intermediate Tax Free Fund On All Assets .70%
Intermediate Term Income Fund On All Assets .70%
Equity Index Fund On All Assets .70%
Limited Term Income Fund On All Assets .70%
Balanced Fund On All Assets .70%
Minnesota Intermediate Tax Free Fund On All Assets .70%
Colorado Intermediate Tax Free Fund On All Assets .70%
Small Cap Growth Fund On All Assets .70%
Technology Fund On All Assets .70%
International Fund On All Assets 1.25%
Equity Income Fund On All Assets .70%
Large Cap Growth Fund On All Assets .70%
Real Estate Securities Fund On All Assets .70%
Health Sciences Fund On All Assets .70%
Oregon Intermediate Tax Free Fund On All Assets .70%
California Intermediate Tax Free Fund On All Assets .70%
Small Cap Value Fund On All Assets .70%
International Index Fund On All Assets .70%
Tax Free Fund On All Assets .70%
Minnesota Tax Free Fund On All Assets .70%
Mid Cap Growth Fund On All Assets .70%
Emerging Markets Fund On All Assets 1.25%
Strategic Income Fund On All Assets .70%
California Tax Free Fund On All Assets .70%
Arizona Tax Free Fund On All Assets .70%
Colorado Tax Free Fund On All Assets .70%
Corporate Bond Fund On All Assets .70%
Agreements/Invest Adv Mangt Agr/Amendments/Amend 10
