Exhibit (h)(18)

CONTRACTUAL FEE/EXPENSE WAIVER AGREEMENT

Agreement effective as of the 2nd day of February 2011 by and between the Turner Funds, a Massachusetts business trust (the “Trust”) and Turner Investment Partners, Inc., a Pennsylvania corporation (“TIP”).

TIP hereby agrees to limit the net total operating expenses at the levels indicated through February 2, 2012 for the Turner Market Neutral Fund:

Turner Market Neutral Fund:	Net Total Operating Expenses
Institutional Class	1.95	%
Investor Class	2.20	%
Class C	2.95	%

This Agreement shall be renewable at the end of each one year term for an additional one year term upon the written agreement of the parties hereto.

IN WITNESS WHEREOF, intending to be legally bound hereby, the parties hereto have caused this Agreement to be executed by their officers designated below effective as of the day and year first above written.

TURNER FUNDS		TURNER INVESTMENT PARTNERS, INC.
By:	/s/ Thomas R. Trala		By:	/s/ Brian F. McNally
	Signature			Signature
Name:	Thomas R. Trala		Name:	Brian F. McNally
	Printed			Printed
Title:	President and Chief Executive Officer		Title:	General Counsel and Chief
				Compliance Officer - Principal