Exbibit 23(l)
FORM OF
INVESTMENT LETTER
XXXXXXXX VALUE FUND SERIES, INC.
Xxxxxxxx Value Fund Series, Inc. (the "Fund"), an open-end diversified
management investment company, and the undersigned (the "Purchaser"), intending
to be legally bound, hereby agree to the following:
1. The Fund hereby sells to Purchaser and Purchaser purchases such number of
Class R shares of Capital Stock (par value $.001) of the Xxxxxxxx
Large-Cap Value Series of the Fund (the "Large-Cap Value Series")
corresponding to a $1,500.00 investment, at a price per share equivalent
to the net asset value of one Class A share of the Large-Cap Value Series
as of the close of business on _______________, 2003 and such number of
Class R shares of Capital Stock (par value $.001) of the Xxxxxxxx
Small-Cap Value Series of the Fund (the "Small-Cap Value Series")
corresponding to a $1,500.00 investment, at a price per share equivalent
to the net asset value of one Class A share of the Small-Cap Value Series
as of the close of business on ___________________, 2003 (the "Purchase
Date") (collectively, the "Shares"). The Fund hereby acknowledges receipt
from the Purchaser of funds in the amount of $3,000.00 in full payment for
the Shares.
2. Purchaser represents and warrants to the Fund that the Shares are being
acquired for investment and not with a view to distribution thereof, and
that Purchaser has no present intention to redeem or dispose of the
Shares.
IN WITNESS WHEREOF, the parties have executed this agreement as of the Purchase
Date.
XXXXXXXX VALUE FUND SERIES, INC.
By:
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Name: Xxxxxxxx X. Xxxxx
Title: Vice President
XXXXXXXX ADVISORS, INC.
By:
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Name: Xxxxxxx X. Xxxxxxx
Title: President
