EXHIBIT 23e(1)
AMENDMENT TO THE
DISTRIBUTION AGREEMENT
between
DOMINION FUNDS, INC.
(Dominion Insight Growth Fund Series)
and
NORTHSTAR SECURITIES, INC.
The Distribution Agreement dated July 9, 1998 (the "Agreement"), by and
between Dominion Funds, Inc., a Texas corporation (the "Company"), with respect
to its Dominion Insight Growth Fund series (the "Fund"), and Northstar
Securities, Inc., a Texas corporation (the "Distributor"), is hereby amended as
follows:
The Fund and the Distributor agree that the applicable sales charge on all sales
of the Fund's shares that occur on or after April 1, 1999 shall be waived.
Shares of the Fund will thereafter be sold at a public offering price equal to
net asset value per share, without a sales charge. The Fund and the Distributor
reserve the right to reinstate the sales load at any time by means of a
supplement to the Fund's current prospectus to that effect.
IN WITNESS WHEREOF, the parties have caused this amendment to the
Agreement to be executed in duplicate on the 15th day of March, 1999.
DOMINION FUNDS, INC.
on behalf of its Dominion Insight Growth Fund Series
By:/s/ Xxxxxxx X. Xxxxxx
---------------------
President
NORTHSTAR SECURITIES, INC.
By:/s/ Xxxxx Xxxxx-Xxxxx
---------------------
President
