SUBSCRIPTION AGREEMENT
Pictet Funds (the "Trust"), a Massachusetts business trust, and Xxxx
Xxxxxxx as sole shareholder ("sole shareholder"), hereby agree with each other
as follows:
1. The Trust hereby offers to the sole shareholder and the sole
shareholder hereby purchases one share of each of the Retail Class and
Institutional Class of the Pictet Global Water Fund at a price of
$10.00 per share (collectively known as the "shares").
2. Xxxx Xxxxxxx represents and warrants to the Trust that the shares are
being acquired for investment purposes and not with a view to the
distribution thereof.
3. Xxxx Xxxxxxx is authorized and otherwise duly qualified to purchase and
hold shares and to enter into this Subscription Agreement.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the 2nd day of January, 2002.
PICTET FUNDS
ATTEST:
________________________ By:/S/ XXXXX XXXXXX
-------------------------------------
Xxxxx XxXxxx, Assistant Secretary
SOLE SHAREHOLDER
ATTEST:
________________________ By:/S/
-------------------------------------
Xxxx Xxxxxxx
SUBSCRIPTION AGREEMENT
Pictet Funds (the "Trust"), a Massachusetts business trust, and Xxxx
Xxxxxxx as sole shareholder ("sole shareholder"), hereby agree with each other
as follows:
1. The Trust hereby offers to the sole shareholder and the sole
shareholder hereby purchases one share of each of the Retail Class and
Institutional Class of the Pictet Global Water Fund at a price of
$10.00 per share (collectively known as the "shares").
2. Xxxx Xxxxxxx represents and warrants to the Trust that the shares are
being acquired for investment purposes and not with a view to the
distribution thereof.
3. Xxxx Xxxxxxx is authorized and otherwise duly qualified to purchase and
hold shares and to enter into this Subscription Agreement.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the 2nd day of January, 2002.
PICTET FUNDS
ATTEST:
________________________ By:
-------------------------------------
Xxxxx XxXxxx, Assistant Secretary
SOLE SHAREHOLDER
ATTEST:
________________________ By:/S/ XXXX XXXXXXX
-------------------------------------
Xxxx Xxxxxxx