INITIAL CAPITAL AGREEMENT
December 22, 2023
000 Xxxxxxxx Xxxxx, Xxxxx 000
Cincinnati, Ohio 45246
Ladies and Gentlemen:
The undersigned hereby subscribes for 100,000 Shares of Beneficial Interest, no par value, of the Institutional Class Shares of XD Treasury Money Market Fund, a series of XD Fund Trust, a Delaware statutory trust, at $1.00 per share for an aggregate purchase price of $100,000. By signing below, payment in full is confirmed.
The undersigned represents and agrees that it is purchasing these Shares for investment purposes, for its own account and risk and not with a view to any sale, division or other distribution thereof within the meaning of the Securities Act of 1933, nor with any present intention of distributing or selling such shares.
Very truly yours,
XD Fund Advisor LLC
By: /s/ Xxxxxxxxxx Xxxxxxxxxxx
Name: Xxxxxxxxxx Xxxxxxxxxxx
Title: Chief Compliance Officer
Confirmed and Accepted:
By: /s/ Xxxxxxxxxx Xxxxxxxxxxx
Name: Xxxxxxxxxx Xxxxxxxxxxx
Title: President
