XXXXXXXX BRUSSELS CINCINNATI CLEVELAND COLUMBUS DAYTON WASHINGTON, D.C.
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April 23, 2002
The Camelot Funds
0000 Xxxxx Xxxxx Xxxxxx
Xxxxxxxxxx, Xxxxxxxx 00000
Ladies and Gentlemen:
This letter is in response to your request for our opinion in connection
with the filing of the Post-Effective Amendment No. 29 to the Registration
Statement (the "Registration Statement"), for the Camelot Funds (the "Trust").
We have examined a copy of the Trust's Agreement and Declaration of Trust,
the Trust's By-laws, the Trust's record of the various actions by the Trustees
thereof, and all such agreements, certificates of public officials, certificates
of officers and representatives of the Trust and others, and such other
documents, papers, statutes and authorities as we deem necessary to form the
basis of the opinion hereinafter expressed. We have assumed the genuineness of
the signatures and the conformity to original documents of the copies of such
documents supplied to us as copies thereof.
Insofar as the opinions contained herein involve matters of the laws of the
Commonwealth of Kentucky, they are based solely on the opinion of Xxxxx Xxxxxx &
Xxxxx PLLC, a copy of which is attached hereto.
Based on the foregoing, we are of the opinion that after Post-Effective
Amendment No. 29 is effective for purposes of applicable federal and state
securities laws, the shares of The Fairmont Fund, if issued in accordance with
the Prospectus and Statement of Additional Information of the Trust, will be
legally issued, fully paid and non-assessable.
We hereby give you our permission to file this opinion with the Securities
and Exchange Commission as an exhibit to Post-Effective Amendment No. 29 to the
Registration Statement.
Very truly yours,
/s/ Xxxxxxxx Xxxx
Xxxxxxxx Xxxx LLP
