EXHIBIT 5(g)
USAA Investment Management Company
10750 Xxxxxx X. XxXxxxxxx Freeway
San Xxxxxxx, XX 00000
Gentlemen:
Pursuant to Section 1(b) of the Advisory Agreement dated as of September
21, 1990 between USAA Mutual Fund, Inc. (the "Company") and USAA Investment
Management Company (the "Manager"), please be advised that the Company has
established two new series of its shares, namely, the Science & Technology Fund
and the First Start Growth Fund (the "Funds"), and please be further advised
that the Company desires to retain the Manager to render management and
investment advisory services under the Advisory Agreement to the Funds at the
fee stated below:
Advisory Fee Schedule
Three-fourths of one percent (.75%) of the aggregate average net
assets of the Science & Technology Fund.
Three-fourths of one percent (.75%) of the aggregate average net
assets of the First Start Growth Fund.
Please state below whether you are willing to render such services at the
fee stated above.
USAA MUTUAL FUND, INC.
Attest: /s/ Xxxxxxx X. Xxxxxx By: /s/ Xxxxxxx X.X. Xxxx
----------------------- ------------------------
Secretary President
Dated: August 1, 1997
We as the sole shareholder of the above named Funds, do hereby approve the
Advisory Agreement and are willing to render management and investment advisory
services to the Science & Techonology Fund and the First Start Growth Fund at
the fee stated above.
USAA INVESTMENT MANAGEMENT COMPANY
Attest: /s/ Xxxx X. Xxxxxxx By: /s/ Xxxx X. Xxxxxxxx, Xx.
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Assistant Secretary Senior Vice President
Dated: August 1, 1997
contract\mf\advisory\advmfsci.fsg
