Exhibit (h)(2)
AMENDMENT NO. 1 TO TRANSFER AGENCY SERVICES AGREEMENT
This AMENDMENT NO. 1, dated the 30th day of June, 2000, is made by and
between PFPC Inc., a Massachusetts corporation ("PFPC"), and Alleghany Funds, a
Delaware business trust (the "Company") (collectively, the "Parties").
WITNESSETH THAT:
WHEREAS, the Company has entered into a Transfer Agency Services
Agreement with PFPC, dated April 1, 2000, wherein PFPC has agreed to provide
certain transfer agency services to the Company; and
WHEREAS, the Parties wish to amend the Transfer Agency Services
Agreement to include under its terms one additional separate series of shares
identified as Alleghany/Veredus SciTech Fund;
NOW, THEREFORE, in consideration of the premises and mutual covenants
contained herein, the Parties hereto, intending to be legally bound, do hereby
agree:
1. To amend Schedule "A" to the Transfer Agency Services Agreement in
the form attached hereto as Schedule "A".
This Amendment shall take effect upon the date when the respective
amendments to the registration statement of the Trust registering
Alleghany/Veredus SciTech Fund become effective.
IN WITNESS WHEREOF, the Parties hereto have caused this Amendment
consisting of two type written pages, together with Schedule "A", to be signed
by their duly authorized officers and their corporate seals hereunto duly
affixed and attested, as of the day and year first above written. Alleghany
Funds PFPC Inc.
/s/Gerald F. Dillenburg /s/Debralee Goldberg
By: Gerald F. Dillenburg By: Debralee Goldberg
Senior Vice President
/s/Laura Hlade
Attest: Laura Hlade Attest:
EXHIBIT A
PORTFOLIOS
Alleghany/Chicago Trust Money Market Fund
Alleghany/Chicago Trust Municipal Bond Fund
Alleghany/Chicago Trust Bond Fund
Alleghany/Chicago Trust Balanced Fund
Alleghany/Chicago Trust Talon Fund
Alleghany/Chicago Trust Growth & Income Fund
Alleghany/Chicago Trust Small Cap Value Fund
Alleghany/Veredus Aggressive Growth Fund
Alleghany/Montag & Caldwell Balanced Fund
Alleghany/Montag & Caldwell Growth Fund
Alleghany/Blairlogie International Developed Fund
Alleghany/Blairlogie Emerging Markets Fund
Alleghany/Veredus SciTech Fund
Dated: April 1, 2000
Amended: June 30, 2000
