EXHIBIT 13
ISI STRATEGY FUND, INC.
FORM OF
SUBSCRIPTION AGREEMENT
For and in consideration of the mutual agreements herein
contained, International Strategy & Investment Group Inc. ("ISI Group") hereby
agrees to purchase from ISI Strategy Fund, Inc., a Maryland corporation (the
"Fund"), and the Fund agrees to sell 9,999 shares of the Fund's ISI common
stock, and 1 share of the Fund's Wilshire Institutional common stock, each
having a par value $.001 per share, at a price of $10.00 per share (the
"Shares"), upon the terms and conditions set forth herein and as part of a
public offering pursuant to the terms and conditions of the Fund's Registration
Statement on Form N-1A (No. 333- 31127), as amended and supplemented, initially
filed with the Securities and Exchange Commission on July 11, 1997.
ISI Group agrees to purchase such Shares and to pay the full
consideration therefor to the Fund upon demand.
ISI Group hereby confirms to the Fund its representations that
it is purchasing such Shares for investment purposes, with no present intention
of redeeming or reselling any portion thereof, and its agreement that in the
event it should dispose of any of such Shares, such transaction will be effected
by redeeming such Shares through the Fund.
Dated: ______, 1997 INTERNATIONAL STRATEGY & INVESTMENT
GROUP INC.
By:____________________________________
Title:_________________________________
Subscription Accepted:
ISI STRATEGY FUND, INC.
By:__________________________________
Title:_______________________________