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EXHIBIT (13)(j)
PURCHASE AGREEMENT
The Galaxy Fund, a Massachusetts business trust (the "Trust"), and
First Data Distributors Inc., a Massachusetts corporation ("FD Distributors"),
hereby agree with each other as follows:
1. The Trust hereby offers FD Distributors and FD
Distributors hereby purchases one (1) Class AA - Series 1 share, one (1) Class
AA - Series 2 share and one (1) Class AA - Series 3 share, each share
representing an interest in the Trust's Special Equity Fund, at a purchase price
of $10 per share, aggregating to three (3) shares of beneficial interest in the
Trust (such shares of beneficial interest in the Trust being hereinafter
collectively known as "Shares"). FD Distributors hereby acknowledges purchase of
the Shares and the Trust hereby acknowledges receipt from FD Distributors of
funds in the amount of $30 in full payment for the Shares.
2. FD Distributors 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. The names "The Galaxy Fund" and "Trustees of The Galaxy
Fund" refer respectively to the Trust created and the Trustees, as trustees but
not individually or personally, acting from time to time under a Declaration of
Trust dated March 31, 1986 which is hereby referred to and a copy of which is on
file at the office of the State Secretary of the Commonwealth of Massachusetts
and at the principal office of the Trust. The obligations of "The Galaxy Fund"
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 Trust property, and all persons dealing with
any class of shares of the Trust must look solely to the Trust property
belonging to such class for the enforcement of any claims against the Trust.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the ____ day of _______________, 1998.
THE GALAXY FUND
By:
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FIRST DATA DISTRIBUTORS INC.
By:
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