EXHIBIT 5(e)
USAA Investment Management Company
10750 Xxxxxx X. XxXxxxxxx Freeway
San Xxxxxxx, XX 00000
Gentlemen:
Pursuant to paragraph 12 of the Underwriting Agreement dated as of July
25, 1990 between USAA Mutual Fund, Inc. (the "Company") and USAA Investment
Management Company (the "Underwriter"), please be advised that the Company has
established three new series of its shares, namely, the Intermediate-Term Bond
Fund, High-Yield Opportunities Fund, and the Small Cap Stock Fund ("the
Funds"), and please be further advised that the Company desires to retain the
Underwriter to sell and distribute shares of the Funds and to render other
services to the Funds as provided in the Underwriting Agreement.
Please state below whether you are willing to render such services as
provided in the Underwriting Agreement.
USAA MUTUAL FUND, INC.
Attest: /s/ Xxxxxxx Xxxxxx By: /s/ Xxxxxxx X.X. Xxxx
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Secretary President
Dated: August 2, 1999
We are willing to render services to the Intermediate-Term Bond Fund,
High-Yield Opportunities Fund, and the Small Cap Stock Fund as set forth in the
Underwriting Agreement.
USAA INVESTMENT MANAGEMENT COMPANY
Attest: /s/ Xxxx X. Xxxxxxx By: /s/ Xxxx X. Xxxxxxxx, Xx.
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Assistant Secretary Senior Vice President
Dated: August 2, 1999
