EXHIBIT (Q1)
FORM OF INVESTOR AGREEMENT
FOR CLASS F SHARES OF
XXXXXX XXXX INTERNATIONAL EQUITY FUND
______________, 2003
Xxxxxx Xxxx Investment Funds
000 Xxxxxxx Xxxxxx
XxxXxxx, XX 00000
Ladies and Gentlemen:
_______________(the "Investor") hereby represents that it is an
investment adviser registered with the Securities and Exchange Commission (an
"RIA") or a sponsor of an asset allocation wrap program.
The Investor wishes to purchase Class F Shares of the Xxxxxx Xxxx
International Equity Fund (the "Fund"). If Investor is an RIA, the Investor
agrees to maintain an investment of at least $10 million in the Fund. The
Investor agrees to not make excessive redemptions from the Fund.
The Investor understands that excessive redemptions and exchanges may
be harmful to the Fund and understands that if the Fund, in its sole discretion,
determines that the Investor has engaged in excessive redemptions, the Fund may
limit or prohibit the Investor from making future investments in Class F Shares
of the Fund.
Furthermore, if the Investor is an RIA, the Investor understands that
in the event the Investor's investment falls below $10 million at any time as a
result of redemptions, but not as a result of a reduction in value from changes
in the value of the shares, the Fund may transfer the Investor to Class A or, if
the Investor meets the applicable criteria, to Class I of the Fund. If the
Investor is the sponsor of an asset allocation wrap program, the Investor
understands that if the Investor's investment falls below $1,000 at any time as
a result of redemptions, but not as a result of a reduction in value from
changes in the value of the shares, the Fund may sell the Investor's shares. The
Investor further understands that Class A and Class I shares charge a redemption
fee of 2% of the amount redeemed if shares are redeemed within 90 days of
purchase.
EXHIBIT (Q1)
Very truly yours,
Name:
Acknowledged and Agreed to
on ______________ , 2003 by:
Xxxxxx Xxxx Investment Funds
By:________________________
Name:
Title:
