Exhibit h(5)
SUPPLEMENT TO TRANSFER AGENCY AND SERVICES AGREEMENT
July 1, 2000
Pictet Funds
000 Xxxxxxx Xxxxxx
Xxxxxx, Xxxxxxxxxxxxx 00000
Pictet Funds, a Massachusetts business trust (formerly known as Panorama
Trust) (the Trust), hereby supplements its Transfer Agency and Services
Agreement dated October 3, 1995 (the Transfer Agency Agreement) with First
Data Investor Services Group, Inc. (now known as PFPC Inc.), a Massachusetts
corporation (the Transfer Agent), to provide the services as described under
the Transfer Agency Agreement for Pictet International Equity Fund (the New
Fund). Exhibit 1 to the Transfer Agency Agreement is revised in the form
attached hereto.
Fees to be paid by the Trust to the Transfer Agent with respect to the New
Fund will be made in accordance with the Letter Fee Agreement dated October 3,
1995, among the Trust, First Data Distributors, Inc. and the Transfer Agent.
Such Letter Fee Agreement is included as an exhibit to the Transfer Agency
Agreement.
If the foregoing is in accordance with your understanding, kindly indicate
your acceptance of this Supplement by signing and returning the enclosed copy
of
this Supplement.
Very truly yours,
PICTET FUNDS
By: /s/Xxxx X. Xxxxxxx
Authorized Signature
Accepted and Agreed to:
PFPC INC.
By: /s/Xxxxxxxx Xxxxxxxx
Authorized Signature
Exhibit 1 (as revised July 1, 2000)
LIST OF PORTFOLIOS AND CLASSES
Pictet Global Emerging Markets Fund (with one class of shares)
Pictet International Small Companies Fund (with one class of shares)
Pictet Eastern European Fund (with one class of shares)
Pictet European Equity Fund (with one class of shares)
Pictet International Equity Fund (with one class of shares)