Exhibit (m)(33)
Form of Mutual Fund Service Agreement
Between X.X. Xxxxxxx & Sons, Inc,.
The One Group Services Company
And
One Group Mutual Funds
283
MUTUAL FUND SERVICE AGREEMENT
This Mutual Fund Service agreement ("Agreement") is entered into by
and among X.X. Xxxxxxx & Sons, Inc. ("Xxxxxxx"), The One Group Services Company
("Distributor") and One Group Mutual Funds ("Fund Company"). WHEREAS, the Fund
Company is registered with the Securities and Exchange Commission ("SEC") as an
open-end management investment company under the Investment Company Act of 1940
("1940 Act") and offers for sale shares of beneficial interest, which may
include shares issued in separate series or classes (individually, a "Fund" and
collectively, the "Funds");
WHEREAS, the Distributor is the principal underwriter and distributor
for the Fund Company and wishes to make shares of the Funds, as listed on
Exhibit A, available to clients of Xxxxxxx at net asset value without the
imposition of initial or contingent deferred sales charges, miscellaneous fees
or charges, or exchange fees, if any;
WHEREAS, Xxxxxxx is offering to its clients one or more investment
advisor and/or custody programs pursuant to which such clients will purchase
Fund shares included in such programs (each a "Program" and collectively, the
"Program");
WHEREAS, Xxxxxxx wishes to make Fund shares available to its clients
through one or more investment advisory and/or custody programs and has entered
into a separate written agreement with each Fund or its transfer, shareholder
servicing and/or other agent to facilitate the transmission of information
regarding such accounts through the NETWORKING system of the National Securities
Clearing Corporation ("NSCC") (that agreement and any exhibits thereto, the
"NETWORKING Agreement"); and
WHEREAS, the NETWORKING Agreement contemplates that Xxxxxxx will
provide certain services to its clients in accordance with NETWORKING matrix
level 3, or other matrix level deemed appropriate by Xxxxxxx, as established by
NSCC, and Xxxxxxx is willing to provide these and related services.
NOW, THEREFORE, in consideration of the foregoing and the mutual
promises herein, the parties agree as follows:
1. Availability of Fund Shares to Xxxxxxx' Clients.
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(a) Xxxxxxx agrees to make Fund shares available to its clients
pursuant to the policies and procedures set forth in this Agreement, the
NETWORKING Agreement, applicable NSCC rules and procedures (including those
governing the processing and settlement of purchase, exchange, and redemption
orders through the NSCC's Fund/Serv system), and any other procedures that the
parties may agree upon from time to time. Xxxxxxx may determine to make shares
of a Fund available to, and to perform any services for, only those Xxxxxxx
clients who, in order to participate in Xxxxxxx' mutual fund service, have
transferred shares of that Fund (or, for clients who wish to exchange into a
Fund, another Fund that is distributed by the Fund Company and has exchange
privileges with the Fund) into their Xxxxxxx brokerage accounts. With regard to
each transaction in shares of a Fund for, and any services provided to, an
Xxxxxxx client pursuant to this Agreement: (i) Xxxxxxx will act solely as agent
for its client; (ii) Xxxxxxx will initiate transactions only upon its client's
orders; (iii) the Fund Company or its designee will execute transactions only
upon receiving instructions from Xxxxxxx as agent for its clients; (iv) as
between Xxxxxxx and its clients, the client will have full beneficial ownership
of all Fund shares; and (v) each transaction will be for the
273
client's account and not for Xxxxxxx' own account. Each transaction will be
without recourse to Xxxxxxx.
(b) Xxxxxxx agrees to make Fund shares available to its clients
only at the net asset value, as determined in accordance with the Fund's current
statutory prospectus ("Prospectus") and current statement of additional
information ("SAI"), whether in paper or electronic format, each as included in
the Fund's currently effective registration statement (or post-effective
attachment thereto) filed with the SEC pursuant to the Securities Act of 1933
("1933 Act"). Xxxxxxx assumes no responsibility or liability for the
determination of such price. Xxxxxxx agrees to deliver or cause to be delivered
to each client, at or prior to the time of any purchase of shares of a Fund, a
copy of the Prospectus of the Fund, unless such Prospectus already has been
furnished to the client. The Fund Company hereby represents and warrants that a
copy of the Fund's Prospectus has been furnished to each client who opens an
account directly with a Fund and thereafter transfers those shares into an
Xxxxxxx brokerage account. The Fund Company further agrees to furnish all
information, documents, etc., as required by statute, rule or regulation,
including, without limitation, semi-annual reports, annual reports and proxy
materials, to clients owning shares of any Fund. Xxxxxxx agrees to deliver or
cause to be delivered, upon request by a client, a copy of the SAI of the Fund.
(c) Xxxxxxx agrees to place orders for Fund shares only to cover
purchase orders that Xxxxxxx has previously received from its clients.
(d) Xxxxxxx will not withhold placing clients' orders so as to
profit itself as a result of such withholding (for example, by a change in a
Fund's net asset value from that used in determining the offering or redemption
price to Xxxxxxx' clients).
(e) The Fund Company or its designee will not accept conditional
orders for Funds shares. All orders are subject to acceptance or rejection by
the Fund Company or its designee in either's sole discretion.
(f) The Fund Company hereby appoints Xxxxxxx as limited agent for
the sole purpose of receiving orders. On any business day ("Day One"), Xxxxxxx
may accept orders for the purchase of Fund shares, subject to the provisions
noted above. The Fund Company or its designee will execute orders at the net
asset value as determined as of the close of trading on Day One, provided, that
(i) Xxxxxxx received such orders prior to the time the net asset values of the
Funds were priced in accordance with their then current prospectus on Day One,
(ii) such orders were received by the Fund Company or its designee by 8:00 a.m.
Central Time on Day Two; and (iii) payment for net purchase orders was received
by the Fund Company by 12:00 p.m. in accordance with Section 1(g). If any of the
above conditions is not met, the orders will be executed at the net asset value
next calculated after all of the above conditions are met. The Fund Company will
provide Xxxxxxx with a daily price sheet via facsimile by 5:30 p.m. Central
Time.
(g) Payment for Fund shares purchased by Xxxxxxx shall be made on
T+1 or T+3 in accordance with FUND/SERV procedures unless the parties mutually
agree otherwise. If such payment is not received by the Fund Company or its
designee in accordance with the terms of the foregoing sentence, the Fund
Company or its designee reserves the right, without notice, either to cancel the
sales, or, at its option, to sell the shares ordered back to such a Fund, and in
either case, the Fund Company may hold Xxxxxxx responsible for any direct loss
suffered by the Fund Company or by such Fund resulting from Xxxxxxx' failure to
make payment as aforesaid.
274
(h) Unless required by the Prospectus or by any applicable federal
or state law, rule, or regulation, certificates evidencing Fund shares will not
be available and any transaction in Fund shares will be effected and evidenced
by book-entry on the records maintained by the Fund's transfer agent. If Xxxxxxx
clients submit share certificates for transfer into Xxxxxxx brokerage accounts,
Xxxxxxx will deposit such certificates, properly endorsed, with the Fund or its
agent in accordance with the NETWORKING Agreement, applicable NSCC rules and
procedures, and any other procedures that the parties may agree upon from time
to time.
(i) The Fund Company or its designee will allow Xxxxxxx' home
office personnel access to the Xxxxxxx' shareowner history records for all
Funds, for informational purposes only, via either a dedicated inquiry system or
dial-up modem access.
(j) Transfers from the Programs may require the establishment of
non-networking client accounts on the Fund Company's records. The Fund Company
or its designee agrees to establish client accounts from information received
electronically through the NSCC networking and/or ACATS systems, and will not
require additional account documents from the client.
(k) Nothing in this Agreement will be deemed or construed to make
Xxxxxxx a partner, employee, representative, or agent of the Distributor, Fund
Company or any Fund or to create a partnership, joint venture, syndicate, or
association between or among said parties. Neither this Agreement nor the
performance of the services of the parties hereunder will be considered to
constitute an exclusive arrangement by any party hereto. Notwithstanding the
foregoing, when approved by Fund Company, the Fund Company will allow reasonable
access to Fund portfolio managers for Xxxxxxx' Research/Managed Products
Department.
2. Services to be Provided by Xxxxxxx.
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(a) Brokerage accounts in which Xxxxxxx clients hold Fund shares
will be governed by this Agreement, the NETWORKING Agreement, applicable NSCC
rules and procedures, and any other arrangement between Xxxxxxx and the Fund
Company and/or Distributor relating to the subject matter hereof. The parties
agree that each such individual client account will be maintained through the
NSCC's NETWORKING system at matrix level 3. Xxxxxxx agrees to provide the
services assigned to it pursuant to that matrix level ("NETWORKING services")
and such other services as Xxxxxxx deems necessary and desirable for the
operation of its mutual fund service, as consideration for the compensation to
be received from the Distributor.
(b) In addition to the assigned NETWORKING services, Xxxxxxx will,
in its discretion, perform certain other services intended to facilitate the
maintenance of brokerage accounts in which Xxxxxxx clients hold Fund shares.
These services may include, but are not limited to: mailing duplicate client
account statements to investment executives; providing Fund performance systems
and materials to help investment brokers assist clients in making their
investment decisions; responding to investment brokers requests for cost basis
information; and establishing and maintaining systematic withdrawal and
automatic investment plans.
3. Redemption/Repurchase/Transfer of Fund Shares and Exchanges.
-----------------------------------------------------------
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(a) If Xxxxxxx effects a redemption on behalf of clients, Xxxxxxx
agrees to pay such clients not less than the applicable redemption price (i.e.,
the currently quoted net asset value minus any applicable sales charges or
redemption fees) determined as set forth in the then current prospectus of the
Fund; provided, however, that it is understood that Xxxxxxx assumes no
responsibility or liability for the determination of such price.
(b) Redemption and repurchase orders are subject to such procedures
as may be mutually agreed upon from time to time. On any business day ("Day
One"), Xxxxxxx may accept orders for the redemption of Fund shares, subject to
the provisions noted above. The Fund Company will execute orders at the net
asset value as determined as of the close of trading on Day One, provided that
(i) Xxxxxxx received such orders prior to the time of the net asset values of
the Funds were priced in accordance with their then current prospectus on Day
One; and (ii) such orders were received by the Fund Company by 9:00 a.m. Central
Time on Day Two. If either of the above conditions is not met, the orders will
be executed at the net asset value next calculated after both conditions are
met.
(c) Exchanges of shares between Funds will be effected in the
manner and subject to the restrictions described in the then current
prospectuses of the relevant Funds. The handling of exchanges will be further
subject to such other procedures as may be mutually agreed upon from time to
time.
4. Pricing Errors. The Fund Company agrees to notify Xxxxxxx promptly
--------------
whenever a material error is made in the pricing of shares of a Fund and to
indemnify Xxxxxxx and hold Xxxxxxx harmless against any and all losses, claims,
damages, liabilities or expenses (including, but not limited to, any losses
suffered by its clients and any additional costs and expenses related to the
price correction, such as research costs, expenses related to developing
computer software specifically for the price correction, processing overtime and
notices to clients) to which Xxxxxxx may become subject insofar as any such
loss, claim, damage, liability or expense arises out of or is based on any
material error made in the pricing of shares of a Fund. Payment shall be made by
the Fund Company promptly upon receipt of a xxxx from Xxxxxxx stating the costs
of the price correction and the expenses related thereto. In determining
materiality for the purposes of this provision, Xxxxxxx agrees to follow the
pricing error guidelines that the Securities and Exchange Commission has
accepted for the net asset value materiality standard. Xxxxxxx shall use its
best efforts to use the least costly method to correct pricing errors.
5. Compensation.
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(a) With respect to each Fund whose shares are held by an Xxxxxxx
client through an Xxxxxxx brokerage account pursuant to this Agreement, the
Distributor will pay Xxxxxxx a fee, subject to paragraph 5 (b) below, at the
annualized rate of 0.25% of the average aggregate net asset value of Fund shares
held by Xxxxxxx clients. This fee is to be calculated and accrued daily,
starting on the day Fund shares are initially purchased, and paid at such
intervals as the parties may determine.
(b) Such payments by the Distributor will only be derived from
payments that the Distributor receives from the Fund Company under a plan
pursuant to Rule 12b-1 under the 1940 Act (a "Plan"). Upon execution of an
amendment pursuant to Paragraph 12 of the Agreement, the parties may change or
discontinue any fee schedule or may issue a new schedule. With respect to
services provided after the effective date of any change in or discontinuance of
a fee schedule, or the termination of a Plan, any fees will be allowable or
payable to Xxxxxxx only in accordance with such change, discontinuance, or
termination. Services provided before the effective date of any such change,
discontinuance, or termination will be subject to the fee schedule that was in
effect at the time the services were provided. Except as provided below,
termination of a Plan, or reductions in the payments made by the Distributor to
276
Xxxxxxx thereunder, will not in any way affect, diminish or eliminate the
Distributor's obligation to pay the full amount of fees specified in paragraph
5(a) above.
(c) The fee payments will be made in such a manner that will distinguish
these payments from other fee payments, if any, made to Xxxxxxx, using a method
mutually agreed to by the parties. Payments through NSCC's commission settlement
system will be coded accordingly.
6. Status as Registered Broker/Dealer. Xxxxxxx hereby represents and warrants
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that it is duly registered as a broker/dealer under the Securities Exchange Act
of 1934 ("1934 Act"); that it is qualified to act as a broker/dealer in the
states and jurisdictions where it transacts business; and that, to its
knowledge, it is a member in good standing of the National Association of
Securities Dealers, Inc. ("NASD"). Xxxxxxx agrees to maintain its broker/dealer
registration and qualifications and its NASD membership in good standing
throughout the term of this Agreement. Xxxxxxx shall be responsible for
determining the suitability of any Funds as investments for their customers, and
that Distributor and Fund Company has no responsibility for such determination.
Each party agrees to abide by all of the rules and regulations of the NASD,
including, without limitation, the NASD's Conduct Rules; in particular, Rule
2830 thereof is deemed a part of and is incorporated by reference into this
Agreement.
7. Information Relating to Funds.
-----------------------------
(a) No person is authorized to make any representations concerning shares
of a Fund that are inconsistent with the Fund's currently effective registration
statement, including exhibits thereto, or in the offering documents, sales
literature, and marketing materials described in paragraph 7(b) below. Xxxxxxx
assumes no responsibility or liability for the representations contained in such
registration statement or other materials.
(b) All sales materials, which include, without limitation, promotional
materials sales literature, advertisements, press releases, announcements,
circulars, research reports, market letters, performance reports or summaries,
form letters, whether in print, hypertext, video, audio or other media, and any
items derived from the foregoing ("Sales Materials"), will comply in all
material respects with the rules and regulations of the SEC, the NASD and any
states having such rules and regulations and will be filed with the NASD or SEC
and the relevant states as required by the rules and regulations of the NASD,
the SEC and such states, respectively.
(c) Without obtaining prior approval of the Distributor and Fund Company,
Xxxxxxx will not use any offering documents or Sales Materials concerning Fund
shares, other than printed or electronic information provided by the Distributor
or Fund Company. Xxxxxxx will use its best efforts to ensure that any
information provided by the Distributor or Fund Company that is marked
confidential, or otherwise indicates that it is intended for internal use only,
is not distributed or made available to investors.
8. Compliance with Regulatory Requirements. The Fund Company represents and
---------------------------------------
warrants the following:
(a) Each Fund has filed a registration statement (a "Registration
Statement") with the SEC relating to its shares under the 1933 Act on Form N-1A,
including a Prospectus and SAI. The Registration Statement (including the
Prospectus and SAI) conforms in all respects to the requirements of the 1933
Act, the 1940 Act and the rules thereunder.
277
(b) To the extent required by law, each Fund is registered and its shares
are qualified for sale in all states and other jurisdictions in the United
States unless Xxxxxxx in notified in writing to the contrary. Xxxxxxx may rely
solely on such representation in selling the shares, but the Fund Company
assumes no responsibility or obligation as to Xxxxxxx' right as a broker-dealer
to sell shares of the Funds in any state or jurisdiction.
(c) The then current prospectus for each of the Funds contains such
disclosure with respect to fees paid and charges imposed in connection with the
sale of the Fund shares as is necessary to comply with the rules and regulations
of the NASD, including, without limitation, disclosure of all compensation of
the type described in paragraph 5 hereof as required by Rule 2830 of the NASD
Rules. Such fees and charges will be in compliance with the rules and
regulations of the NASD, including, without limitation, Rule 2830 of the NASD
Rules.
(d) Each investment adviser of each Fund is registered as an investment
adviser under the Investment Advisers Act of 1940 and in any state where
registration is required.
(e) The Registration Statement (including the Prospectus and SAI) and any
Sales Materials relating to the Fund provided by Fund Company to Xxxxxxx do not
contain an untrue statement of a material fact or omit to state a material fact
required to be stated therein or necessary to make the statements therein, in
light of the circumstances in which they were made, not misleading.
(f) The foregoing representations and warranties will be true and correct
at all times during the term of this Agreement (with references to the
Registration Statement being deemed to refer to the Registration Statement in
effect at the time such reference is made and to the then current prospectus of
the Fund).
9. Use of Parties' Names. The parties will not use the name of the other party
---------------------
in any manner without the other party's written consent, except that
advertising, promotional, and other written materials previously reviewed by
Fund Company relating to the availability of Fund shares through Xxxxxxx may
include the names of particular Funds that are available to Xxxxxxx clients or
may indicate generally that Xxxxxxx makes available to its clients certain funds
distributed by the Distributor and except as required by any applicable federal
or state law, rule or regulation.
10. Client Lists. The Distributor and the Fund Company agree that they will not
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use any list of Edward's clients which may be obtained in connection with this
Agreement for the solicitation of any product or service, communication of any
kind, except such communication as may be required by law, regulation, or
administrative order, or the solicitation of exchanges of any other Funds
without Xxxxxxx' express written consent. However, nothing in this paragraph or
otherwise will be deemed to prohibit or restrict the Distributor or the Fund
Company in any way from solicitations of any product or service, communications
of any kind, or any exchange directed at the general public, provided such
solicitation or communication is not based upon such list. The provisions of
this paragraph shall apply to any and all affiliates, subsidiaries, successor
entities, whether merged or otherwise, and any and all other related surviving
entities of the Fund Company.
11. Indemnification.
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(a) The Distributor and the Fund Company will indemnify and hold harmless
Xxxxxxx, each director, officer, employee and agent of Xxxxxxx, and each person
who is or may be deemed to be controlling, controlled by or under common control
with Xxxxxxx, from and against any and all direct and indirect claims, damages,
losses, liabilities, or expenses (including the reasonable costs of
investigation
278
and reasonable attorney's fees) resulting from the willful misconduct or
negligence, as measured by industry standards, of the Distributor and Fund
Company, its agents and employees, in the performance of, or failure to perform,
its obligations under this Agreement; provided, however, that the Distributor
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and/or the Fund Company will not be liable for indemnification hereunder to the
extent that the claim, damage, loss, liability, or expense results from the
willful misconduct or negligence of Xxxxxxx or its affiliates. Such right of
indemnification will survive the termination of this Agreement.
(b) Xxxxxxx will indemnify and hold harmless the Fund Company and
Distributor each of their directors, officers, employees and agents, and each
person who is or may be deemed to be controlling, controlled by or under common
control with the Fund Company and Distributor from and against any and all
direct and indirect claims, damages, losses, liabilities, or expenses (including
the reasonable costs of investigation and reasonable attorney's fees) resulting
from the willful misconduct or negligence, as measured by industry standards, of
Xxxxxxx, its agents and employees, in the performance of, or failure to perform,
its obligations under this Agreement; provided, however, that Xxxxxxx will not
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be liable for indemnification hereunder to the extent that the claim, damage,
loss, liability, or expense results from the willful misconduct or negligence of
the Distributor, Fund Company or its affiliates. Such right of indemnification
will survive the termination of this Agreement.
(c) The names "One Group Mutual Funds" and "Trustees of the One Group
Mutual Funds" refer respectively to the Trust created and the Declaration of
Trust dated May 23, 1985 to which reference is hereby made and a copy of which
is on file at the office of the Secretary of the Commonwealth of Massachusetts
and elsewhere as required by law, and to any and all amendments thereto so filed
or hereafter filed. The obligations of 'One Group Mutual Funds' entered into in
the name or on behalf thereof by any of the Trustees, representatives or agents
are made not individually, but in such capacities, and are not binding upon any
of the Trustees, Shareholders or representatives of the Trust personally, but
bind only the assets of the Trust, and all persons dealing with any series of
Shares of the Trust must look solely to the assets of the Trust belonging to
such series for the enforcement of any claims against the Trust.
12. Amendments. This Agreement may be amended only by an instrument in writing
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signed by each party.
13. Duration and Termination of Agreement.
-------------------------------------
(a) This Agreement will continue in effect unless terminated as provided
herein. Any party may terminate the Agreement without cause by giving the other
party at least sixty (60) days' notice of its intention to terminate. This
Agreement will terminate automatically in the event of its "assignment" (as
defined in the 0000 Xxx) and will terminate effective immediately upon notice by
either party in the event that the NETWORKING Agreement is terminated. The
termination of this Agreement with respect to any given Fund will not cause its
termination with respect to any other Fund.
(b) In the event that (i) an application for a protective decree under the
provisions of the Securities Investor Protection Act of 1970 is filed against a
party; (ii) a party files a petition in a bankruptcy or a petition seeking a
similar relief under any bankruptcy, insolvency, or similar law, or a proceeding
is commenced against a party seeking such relief; or (iii) a party is found by
the SEC, the NASD, or any other federal or state regulatory agency or authority
to have violated any applicable federal or state law, rule, or regulation
arising out of its activities as a broker/dealer or in connection with this
Agreement, this Agreement will terminate effective immediately upon notice of
termination by the other parties. Each party agrees to notify the other promptly
in the event of any such filing or finding of violation.
279
(c) The failure of a party to terminate this Agreement for a particular
cause will not constitute a waiver of the right to terminate this Agreement at a
later date for the same or another cause; provided, however, that any
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termination for an event specified in paragraph 13(b) above must occur within
120 days of the date on which the terminating party receives notice of the
applicable filing or finding of violation.
14. Arbitration. In the event of a dispute with respect to this Agreement that
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the parties are unable to resolve themselves, such dispute will be settled by
arbitration before arbitrators sitting in St. Louis, Missouri in accordance with
the then existing NASD Code of Arbitration Procedure ("NASD Code"). The
arbitrators will act by majority decision, and their award may allocate
attorneys' fees and arbitration costs between the parties. Their award will be
final and binding between the parties, and such award may be entered as a
judgment in any court of competent jurisdiction. The parties agree that, to the
extent permitted by the NASD Code, the arbitrators will be selected from the
securities industry.
15. Notices. Except as otherwise specifically provided in this Agreement, all
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notices required or permitted to be given under this Agreement will be given in
writing and delivered by personal service, by postage prepaid mail--return
receipt requested, or by facsimile machine or a similar means of same day
delivery which provides evidence of receipt (with a confirming copy by mail as
set forth herein). All notices to the Fund Company will be given or sent to the
address specified below:
Attention:
All notices to the Distributor will be given or sent to the address
specified below:
The One Group Services Company
0000 Xxxxxxx Xxxx, Xxxxx 0000
Xxxxxxxx, Xxxx 00000
Attention: Xxxx X. Xxxxxx
All notices to Xxxxxxx will be given or sent to the address specified below:
X.X. Xxxxxxx & Sons, Inc.
Managed Products Department
Xxx Xxxxx Xxxxxxxxx
Xx. Xxxxx, Xxxxxxxx 00000
Attention: Xxxxxxx Xxxxxxx
Each party may change the address to which notices will be sent to other
party in accordance with this paragraph 15.
16. Miscellaneous.
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(a) In the event of any conflict between this Agreement and the NETWORKING
Agreement, the NETWORKING Agreement will prevail.
(b) This Agreement will be governed by and construed in accordance with
the internal laws of the State of New York, without giving effect to principles
of choice of laws.
280
(c) If any provision of this Agreement is held or made invalid by a court
or regulatory agency decision, statute, rule or otherwise, the remainder of the
Agreement will continue to be valid and enforceable.
(d) The captions in this Agreement are included for convenience of
reference only and in no way define or limit any of the provisions of the
Agreement or otherwise affect their meaning or interpretation.
IN WITNESS WHEREOF, this Agreement has been executed as of the date set
forth above by a duly authorized representative of the parties hereto:
ONE GROUP MUTUAL FUNDS
By: __________________________ Date: __________________
Authorized Representative
______________________________
Name and Title
THE ONE GROUP SERVICES COMPANY
By: __________________________ Date: __________________
Authorized Representative
______________________________
Name and Title
X.X. XXXXXXX & SONS, INC.
By: __________________________
Authorized Representative
Date: __________________
______________________________
Name and Title
281
EXHIBIT A
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The Distributor is the principal underwriter and distributor for each of the
following Funds:
Arizona Municipal Bond Fund Class A 681939740 OAMAX
Balanced Fund Class A 681937470 OGASX
Bond Fund Class A 00000X000 PGBOX
Diversified Equity Fund Class A 681939815 PAVGX
Diversified International Fund Class A 00000X000 PGIEX
Diversified Mid Cap Fund Class A 00000X000 PECAX
Equity Income Fund Class A 681937785 OIEIX
Equity Index Fund Class A 681937827 OGEAX
Government Bond Fund Class A 681937330 OGGAX
Health Sciences Fund Class A 00000X000 OHSAX
High Yield Bond Fund Class A 00000X000 OHYAX
Income Bond Fund Class A 681937652 ONIAX
Intermediate Tax Free Fund Class A 681937587 ONTAX
Intermediate Bond Fund Class A 681937264 OGBAX
International Equity Index Fund Class A 681937561 OEIAX
Investor Balanced Fund Class A 681939575 OGIAX
Investor Conservative Growth Fund Class A 681939641 OICAX
Investor Growth Fund Class A 681939674 ONGAX
Investor Growth & Income Fund Class A 681939617 ONGIX
Kentucky Municipal Bond Fund Class A 681937371 OKYAX
Large Cap Growth Fund Class A 681937249 OLGAX
Large Cap Value Fund Class A 681937876 OLVAX
Louisiana Municipal Bond Fund Class A 681939773 PGLAX
Market Expansion Index Fund Class A 00000X000 OMEAX
Michigan Municipal Bond Fund Class A 00000X000 PEIAX
Mid Cap Growth Fund Class A 681937728 OSGIX
Mid Cap Value Fund Class A 681937751 OGDIX
Municipal Income Fund Class A 681937421 OTBAX
Ohio Municipal Bond Fund Class A 681937843 ONOHX
Short-Term Bond Fund Class A 681937629 OGLVX
Short-Term Municipal Bond Fund Class A 00000X000 OSTAX
Small Cap Growth Fund Class A 681939849 PGSGX
Small Cap Value Fund Class A 00000X000 PSOAX
Tax-Free Bond Fund Class A 00000X000 PMBAX
Technology Fund Class A 00000X000 OGTAX
Treasury & Agency Fund Class A 681939526 OTABX
Ultra Short-Term Bond Fund Class A 681937314 ONUAX
West Virginia Municipal Bond Fund Class A 681939716 OGWAX
282
