Exhibit (d)(iv) under Form N-1A
                                           Exhibit 10 under Item 601/ Reg. S-K

                         INVESTMENT SUB-ADVISORY AGREEMENT
                         GOLDEN OAK(R) FAMILY OF FUNDS
                     SYSTEMATIC FINANCIAL MANAGEMENT, L.P
                         Golden Oak(R) Value Portfolio
                    Golden Oak(R) Small Cap Value Portfolio


      AGREEMENT executed as of June 1, 2002, among Golden Oak(R) Family of
Funds, a Delaware business Trust (the "Trust"), CB Capital Management, Inc.,
a Michigan corporation (the "Adviser") and Systematic Financial Management,
L.P., a Delaware limited partnership and registered investment adviser (the
"Sub-Adviser").

      WHEREAS, the Adviser is the investment adviser for Golden Oak(R) Family
of Funds, an open-end management investment company registered under the
Investment Company Act of 1940 (the "1940 Act"); and

      WHEREAS, the Adviser desires to retain the Sub-Adviser as its agent to
furnish investment advisory services for the Golden Oak(R) Value Portfolio and
Golden Oak(R) Small Cap Value Portfolio, investment portfolios of the Trust
(individually and collectively, the "Fund").

      NOW, THEREFORE, in consideration of the mutual covenants herein
contained, the parties hereto agree as follows:

      1.    APPOINTMENT.  The Adviser hereby appoints the Sub-Adviser to
provide certain sub-investment advisory services to the Fund for the period
and on the terms set forth in this Agreement.  The Sub-Adviser accepts such
appointment and agrees to furnish the services herein set forth for the
compensation herein provided.

      2.    DELIVERY OF DOCUMENTS.  The Adviser has furnished the Sub-Adviser
with copies properly certified or authenticated of each of the following:

      (a)   The Trust's Certificate of Trust as filed with the Secretary of
State of the State of Delaware on May 17, 2002, and Agreement and Declaration
of Trust as filed with the Trust's registered office and resident agent in
the State of Delaware, and all amendments thereto or restatements thereof
(such documents, as presently in effect and as they shall from time to time
be amended or restated, are herein called the "Declaration of Trust");

      (b)   The Trust's By-Laws and amendments thereto;

      (c)   Resolutions of the Trust's Board of Trustees authorizing the
appointment of the Sub-Adviser and approving this Agreement;

      (d)   The Trust's Notification of Registration on Form N-8A under the
1940 Act as filed with the Securities and Exchange Commission (the "SEC") and
all amendments thereto;

      (e)   The Trust's Registration Statement on Form N-1A under the
Securities Act of 1933, as amended (the "1933 Act") and under the 1940 Act as
filed with the SEC and all amendments thereto insofar as such Registration
Statement and such amendments relate to the Fund; and

      (f)   The Trust's most recent prospectus and Statement of Additional
Information for the Fund (such prospectus and Statement of Additional
Information, as presently in effect, and all amendments and supplements
thereto are herein collectively called the "Prospectus").

      The Adviser will furnish the Sub-Adviser from time to time with copies
of all amendments of or supplements to the foregoing.

      3.    MANAGEMENT.  Subject always to the supervision of the Trust's
Board of Trustees and the Adviser, the Sub-Adviser will furnish an investment
program in respect of, and make investment decisions for, all assets of the
Fund and place all orders for the purchase and sale of securities, all on
behalf of the Fund. In the performance of its duties, the Sub-Adviser will
satisfy its fiduciary duties to the Fund (as set forth in Section 8, below),
and will monitor the Fund's investments, and will comply with the provisions
of the Trust's Declaration of Trust and By-Laws, as amended from time to
time, and the stated investment objectives, policies and restrictions of the
Fund.  The Sub-Adviser and the Adviser will each make its officers and
employees available to the other from time to time at reasonable times to
review investment policies of the Fund and to consult with each other
regarding the investment affairs of the Fund.  The Sub-Adviser shall also
make itself reasonably available to the Board of Trustees at such times as
the Board of Trustees shall request.

      The Sub-Adviser represents and warrants that it is in compliance with
all applicable rules and regulations of the SEC pertaining to its investment
advisory activities and agrees that it:

      (a)   will use the same skill and care in providing such services as it
uses in providing services to fiduciary accounts for which it has investment
responsibilities;

      (b)   will conform with all applicable rules and regulations of the SEC
pertaining to its investment advisory activities;

      (c)   will place orders pursuant to its investment determinations for
the Fund either directly with the issuer or with any broker or dealer.  In
placing orders with brokers or dealers, the Sub-Adviser will attempt to
obtain the best combination of prompt execution of orders in an effective
manner and at the most favorable price.  Consistent with this obligation,
when the execution and price offered by two or more brokers or dealers are
comparable, the Sub-Adviser may, in its discretion, purchase and sell
portfolio securities to and from brokers and dealers who provide the
Sub-Adviser with research advice and other services.  In no instance will
portfolio securities be purchased from or sold to the Adviser, the
Sub-Adviser, the Fund's principal underwriter or any affiliated person of the
Trust, the Adviser, the Fund's principal underwriter or the Sub-Adviser,
except as may be permitted under the 1940 Act;

      (d)   will report regularly to the Adviser and will make appropriate
persons available for the purpose of reviewing at reasonable times with
representatives of the Adviser and the Board of Trustees the management of
the Fund, including, without limitation, review of the general investment
strategy of the Fund, the performance of the Fund in relation to standard
industry indices, interest rate considerations and general conditions
affecting the marketplace and will provide various other reports from time to
time as reasonably requested by the Adviser;

      (e)   will maintain books and records with respect to the Trust's
securities transactions and will furnish the Adviser and the Trust's Board of
Trustees such periodic and special reports as the Board of Trustees or the
Adviser may request;

      (f)   will act upon instructions from the Adviser not inconsistent with
the fiduciary duties hereunder; and

      (g)   will treat confidentially and as proprietary information of the
Trust all such records and other information relative to the Trust maintained
by the Sub-Adviser, and will not use such records and information for any
purpose other than performance of its responsibilities and duties hereunder,
except after prior notification to and approval in writing by the Trust,
which approval shall not be unreasonably withheld and may not be withheld
where the Sub-Adviser may be exposed to civil or criminal contempt
proceedings for failure to comply, when requested to divulge such information
by duly constituted authorities, or when so requested by the Trust.

      The Sub-Adviser shall have the right to execute and deliver, or cause
its nominee to execute and deliver, all proxies and notices of meetings and
other notices affecting or relating to the securities of the Fund.

      4.    BOOKS AND RECORDS.  In compliance with the requirements of Rule
31a-3 under the 1940 Act, the Sub-Adviser hereby agrees that all records
which it maintains for the Fund, on behalf of the Trust are the property of
the Trust and further agrees to surrender promptly to the Trust any of such
records upon the Trust's request.  The Sub-Adviser further agrees to preserve
for the periods prescribed by Rule 31a-2 under the 1940 Act the records
required to be maintained by Rule 31a-1 under the 1940 Act.

      5.    EXPENSES.  During the term of this Agreement, the Sub-Adviser
will pay all expenses incurred by it in connection with its activities under
this Agreement.

      6.    COMPENSATION.  For the services to be provided by the Sub-Adviser
pursuant to this Agreement for the Golden Oak(R) Value Portfolio, the Trust
will pay the Sub-Adviser, and the Sub-Adviser agrees to accept as full
compensation therefor, a sub-advisory fee, at an annual rate of .45% on the
first $50 million of the of the Fund's average daily net assets; .35% on the
next $50 million of the of the Fund's average daily net assets and .40% on
the Fund's average daily net assets thereafter.  This fee will be computed
daily and paid to the Sub-Adviser monthly.

      In addition, for the services to be provided by the Sub-Adviser
pursuant to this Agreement for the Golden Oak(R) Small Cap Value Portfolio, the
Trust will pay the Sub-Adviser, and the Sub-Adviser agrees to accept as full
compensation therefor, a sub-advisory fee at an annual rate of .65% on the
Fund's average daily net assets.  This fee will be computed daily and paid to
the Sub-Adviser monthly.

      7.    SERVICES TO OTHERS.  The Adviser understands, and has advised the
Trust's Board of Trustees, that the Sub-Adviser now acts, and may in the
future act, as an investment adviser to fiduciary and other managed accounts,
and as investment adviser, sub-investment adviser, and/or administrator to
other investment companies.  The Adviser has no objection to the
Sub-Adviser's acting in such capacities, provided that whenever the Fund and
one or more other investment companies advised by the Sub-Adviser have
available funds for investment, investments suitable and appropriate for each
will be allocated in accordance with a formula believed by the Sub-Adviser to
be equitable to each company.  The Adviser recognizes, and has advised the
Trust's Board of Trustees, that in some cases this procedure may adversely
affect the size of the position that the Fund may obtain in a particular
security.  In addition, the Adviser understands, and has advised the Trust's
Board of Trustees, that the persons employed by the Sub-Adviser to assist in
the Sub-Adviser's duties under this Agreement will not devote their full time
to such service and nothing contained in this Agreement will be deemed to
limit or restrict the right of the Sub-Adviser or any of its affiliates to
engage in and devote time and attention to other businesses or to render
services of whatever kind or nature.

      8.    STANDARD OF CARE.  Each of the Adviser and Sub-Adviser shall
discharge its duties under this Agreement with the care, skill, prudence and
diligence under the circumstances then prevailing that a prudent person
acting in a like capacity and familiar with such matters would use in the
conduct of an enterprise of a like character and with like aims.  The parties
recognize that the opinions, recommendations and actions of Sub-Adviser will
be based on advice and information deemed to be reliable but not guaranteed
by or to Sub-Adviser.  The federal securities laws impose liabilities under
certain circumstances on persons who act in good faith, and therefore nothing
herein shall in any way constitute a waiver or limitation of any rights which
the Adviser may have against Sub-Adviser under any federal securities laws
based on negligence and which cannot be modified in advance by contract.

      9.    INDEMNIFICATION.  Each of the Adviser and Sub-Advisor agrees to
indemnify each other against any claim, loss or liability (including
reasonable attorney's fees) arising as a result of the failure to meet the
standard of care set forth in the first sentence of Paragraph 8 hereof.

      10.   DURATION AND TERMINATION.  This Agreement will become effective
as of the date hereof provided that it has been approved by vote of a
majority of the outstanding voting securities of the Fund in accordance with
the requirements under the 1940 Act, and, unless sooner terminated as
provided herein, will continue in effect for two years.

      Thereafter, if not terminated, this Agreement will continue in effect
for the Fund for successive periods of 12 months, each ending on the day
preceding the anniversary of the Agreement's effective date of each year,
PROVIDED that such continuation is specifically approved at least annually
(a) by the vote of a majority of those members of the Trust's Board of
Trustees who are not interested persons of the Trust, the Sub-Adviser, or the
Adviser, cast in person at a meeting called for the purpose of voting on such
approval, and (b) by the vote of a majority of the Trust's Board of Trustees
or by the vote of a majority of all votes attributable to the outstanding
shares of the Fund. Notwithstanding the foregoing, this Agreement may be
terminated as to the Fund at any time, without the payment of any penalty, on
sixty (60) days' written notice by the Adviser or by the Sub-Adviser.  This
Agreement will immediately terminate in the event of its assignment. (As used
in this Agreement, the terms "majority of the outstanding voting securities,"
"interested persons" and "assignment" have the same meaning of such terms in
the 1940 Act.)

      This Agreement will terminate automatically if the investment advisory
agreement between the Trust and the Adviser is terminated.

      11.   AMENDMENT OF THIS AGREEMENT.  No provision of this Agreement may
be changed, waived, discharged or terminated orally, but only by an
instrument in writing signed by the party against which enforcement of the
change, waiver, discharge or termination is sought.

      12.   MULTIPLE ORIGINALS.  This Agreement may be executed in two or
more counterparts, each of which when so executed shall be deemed to be an
original, but such counterparts shall together constitute but one and the
same document.

      13.   CUSTODY.  All securities and other assets of the Fund shall be
maintained with a custodian designated by the Adviser and the Trust.  The
Sub-Adviser shall have no responsibility or liability with respect to any
custodial function.

      14.   MISCELLANEOUS.  The captions in this Agreement are included for
convenience of reference only and in no way define or delimit any of the
provisions hereof or otherwise affect their construction or effect. If any
provision of this Agreement is held or made invalid by a court decision,
statute, rule or otherwise, the remainder of this Agreement will not be
affected thereby. This Agreement will be binding upon and shall inure to the
benefit of the parties hereto and will be governed by the laws of the
Commonwealth of Pennsylvania.  The Sub-Adviser shall notify the Adviser of
any changes in its partners within a reasonable time.

      The names "Golden Oak(R) Family of Funds" and "Trustees of Golden Oak(R)
Family of Funds" refer respectively to the Trust created by, and the
Trustees, as trustees but not individually or personally, acting from time to
time under, the Declaration of Trust, to which reference is hereby made and a
copy of which is on file at the Trust's registered office and resident agent
in Delaware and/or the office of the Secretary of State of the State of
Delaware and elsewhere as required by law, and to any and all amendments
thereto so filed or hereafter filed.  The obligations of "Golden Oak(R) Family
of Funds" entered in the name or on behalf thereof by any of the Trustees,
representatives or agents are made not individually but only in such
capacities and are not binding upon any of the Trustees, shareholders or
representatives of the Trust personally, but bind only the assets of the
Trust.  Persons dealing with the Fund must look solely to the assets of the
Trust belonging to the Fund for the enforcement of any claims against the
Trust.

      Sub-Adviser agrees to maintain the security and confidentiality of
nonpublic personal information (NPI") of Fund customers and consumers, as
those terms are defined in Regulation S-P, 17 CFR Part 248.  Sub-Adviser
agrees to use and redisclose such NPI for the limited purposes of processing
and servicing transactions; for specific law enforcement and miscellaneous
purposes; and to service providers or in connection with joint marketing
arrangements directed by the Fund(s), in each instance in furtherance of
fulfilling Sub-Adviser's obligations under this Contract and consistent with
the exceptions provided in 17 CFR Sections 248.14, 248.15 and 248.13,
respectively.


      IN WITNESS WHEREOF, the parties hereto have caused this instrument to
be executed by their officers designated below as of the day and year first
above written.

SYSTEMATIC FINANCIAL MANAGEMENT, L.P.



By:  /s/ Frank McGee
Name:  Frank McGee
Title:  Chief Operating Officer


CB CAPITAL MANAGEMENT, INC.



By:  /s/ Dana A. Czmer
Name:  Dana A. Czmer
Title:  Senior Vice President & Treasurer


GOLDEN OAK(R) FAMILY OF FUNDS



By:  /s/ James E. Ostrowski
Name:  James E. Ostrowski
Title:  Vice President