INVESTMENT SUB-ADVISORY AGREEMENT



This Investment Sub-Advisory Agreement ("Agreement")

is made as of the 30th day of November, 2007 by and between

Wilshire Associates Incorporated, a California corporation

("Adviser"), and Thomas White International, LTD, a registered

investment adviser ("Sub-Adviser").

Whereas Adviser is the investment adviser of the Wilshire

Variable Insurance Trust Funds (the "Fund"), an open-end

diversified, management investment company registered under

the Investment Company Act of 1940, as amended ("1940

Act"), currently consisting of seven separate series or

portfolios (collectively, the "Fund Portfolios") including

the Wilshire Variable Insurance Trust Equity Fund, the

Wilshire Variable Insurance  Trust Income Fund, the

Wilshire Variable Insurance Trust Balanced Fund, the

Wilshire Variable Insurance Trust Short-Term Investment

Fund, the Wilshire Variable Insurance Trust Socially

Responsible Fund, the Wilshire Variable Insurance  Trust

International Equity Fund, and the Wilshire Variable

Insurance Trust Small-Cap Growth Fund, the Wilshire

Insurance Variable Trust 2010 Conservative Fund, the

Wilshire Insurance Variable Trust 2010 Moderate Fund, the

Wilshire Insurance Variable Trust 2010 Aggressive Fund, the

Wilshire Insurance Variable Trust 2015 Moderate Fund, the

Wilshire Insurance Variable Trust 2025 Moderate Fund, the

Wilshire Insurance Variable Trust 2035 Moderate Fund, and

the Wilshire Insurance Variable Trust 2045 Moderate Fund;



Whereas Adviser desires to retain Sub-Adviser  to furnish

investment advisory services for the Fund Portfolio(s) as

described in Exhibit 1 - Fund Portfolio Listing, as may be

amended from time to time, and Sub-Adviser wishes to

provide such services, upon the terms and conditions set

forth herein;



Now Therefore, in consideration of the mutual covenants

herein contained, the parties agree as follows:

1.     Appointment.  Adviser hereby appoints Sub-Adviser to

provide certain sub-investment advisory services to each Fund

Portfolio for the period and on the terms set forth in this

Agreement.  Sub-Adviser hereby accepts such appointment and

agrees to furnish the services set forth for the compensation

herein provided.

2.     Sub-Adviser Services.  Subject always to the supervision of

the Fund's Board of Directors and Adviser, Sub-Adviser will

furnish an investment program in respect of, and make investment

decisions for, such portion of the assets of each Fund Portfolio

as Adviser shall from time to time designate (each a "Portfolio

Segment") and place all orders for the purchase and sale of

securities on behalf of each Portfolio Segment.  In the

performance of its duties, Sub-Adviser will satisfy its

fiduciary duties to the Fund and each Fund Portfolio and will

monitor a Portfolio Segment's investments, and will comply with

the provisions of the Fund's Articles of Incorporation and By-

laws, as amended from time to time, and the stated investment

objectives, policies and restrictions of each Fund Portfolio as

set forth in the prospectus and Statement of Additional

Information for each Fund Portfolio, as amended from time to

time, as well as any other objectives, policies or limitations

as may be provided by Adviser to Sub-Adviser in writing from

time to time.



Sub-Adviser will provide reports at least quarterly to

the Board of Directors and to Adviser. Sub-Adviser will make its

officers and employees available to Adviser and the Board of

Directors from time to time at reasonable times to review

investment policies of each Fund Portfolio with respect to each

Portfolio Segment and to consult with Adviser regarding the

investment affairs of each Portfolio Segment.

Sub-Adviser 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 provisions of the

1940 Act and rules and regulations of the Securities and

Exchange Commission in all material respects and in

addition will conduct its activities under this Agreement

in accordance with any applicable laws and regulations of

any governmental authority pertaining to its investment

advisory activities, including all portfolio

diversification requirements necessary for each Portfolio

Segment to comply with subchapter M of the Internal Revenue

Code as if each were a regulated investment company

thereunder;

(c)   to the extent authorized by Adviser in writing, and to

the extent permitted by law, will execute purchases and

sales of portfolio securities and other investments for

each Portfolio Segment through brokers or dealers

designated by management of the Fund to Adviser for the

purpose of providing direct benefits to the Fund, provided

that Sub-Adviser determines that such brokers or dealers

will provide best execution in view of all appropriate

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