ITEM 77M: Mergers
Xxxxxx Xxxxxxx American Opportunities Fund
On September 17, 2003 as adjourned to September
30, 2003, at a Special Meeting of Shareholders of Xxxxxx
Xxxxxxx All Star Growth ("All Star Growth"), Shareholders of
All Star Growth approved an Agreement and Plan of
Reorganization (the "Reorganization Agreement") between All
Star Growth and Xxxxxx Xxxxxxx American Opportunities Fund
("American Opportunities"), pursuant to which substantially
all of the assets of All Star Growth would be combined with
those of American Opportunities and shareholders of All Star
Growth would become shareholders of American Opportunities
receiving shares of American Opportunities with a value
equal to the value of their holdings in All Star Growth (the
"Reorganization"). The Reorganization Agreement was
unanimously approved by the Board of Trustees on April 24,
2003.
On October 3, 2003, the Reorganization Plan
between All Star Growth and American Opportunities was
completed according to the terms set forth in the
Reorganization Agreement.
ITEM 77M: Mergers
Xxxxxx Xxxxxxx American Opportunities Fund
On September 17, 2003 as adjourned to September
30, 2003, at a Special Meeting of Shareholders of Xxxxxx
Xxxxxxx 21st Century Trend Fund ("21st Century Trend Fund"),
Shareholders of 21st Century Trend Fund approved an
Agreement and Plan of Reorganization (the "Reorganization
Agreement") between 21st Century Trend Fund and Xxxxxx
Xxxxxxx American Opportunities Fund ("American
Opportunities"), pursuant to which substantially all of the
assets of 21st Century Trend Fund would be combined with
those of American Opportunities and shareholders of 21st
Century Trend Fund would become shareholders of American
Opportunities receiving shares of American Opportunities
with a value equal to the value of their holdings in 21st
Century Trend Fund (the "Reorganization"). The
Reorganization Agreement was unanimously approved by the
Board of Trustees on April 24, 2003.
On October 3, 2003, the Reorganization Plan
between 21st Century Trend Fund and American Opportunities
was completed according to the terms set forth in the
Reorganization Agreement.
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