EXHIBIT (a.29)
THE XXXXXX & RYGEL INVESTMENT GROUP
AMENDMENT NO. 28 TO
MASTER TRUST AGREEMENT
This Amendment No. 28 to the Master Trust Agreement of The Xxxxxx &
Rygel Investment Group, dated January 22, 1992, as amended ("the Agreement"), is
made as of June 12, 2002.
WHEREAS, pursuant to the Agreement, the Trustees have previously
established and designated twenty-one sub-trusts known as the Xxxxxx Limited
Maturity Fund, Xxxxxx Short Bond Fund, Xxxxxx U.S. Government Fund, Xxxxxx GNMA
Fund, Xxxxxx Core Bond Fund, Xxxxxx Opportunity Bond Fund, Xxxxxx High Income
Fund, Bunker Hill Money Market Fund, Xxxxxx Short Duration Tax Exempt Fund,
Xxxxxx Tax Exempt Bond Fund, Xxxxxx California Municipal Income Fund, Xxxxxx
Growth & Income Fund, Xxxxxx Market Return Fund, Xxxxxx U.S. Growth Leaders
Fund, Xxxxxx Small Cap Leaders Fund, Xxxxxx Global Short Bond Fund, Xxxxxx
Global Fixed Income Fund, Xxxxxx Emerging Markets Bond Fund, Xxxxxx Global
Balanced Fund, Xxxxxx EurOpportunity Fund and Xxxxxx World Target Twenty Fund;
and
WHEREAS, the Trustees have the authority, without shareholder
approval, under Section 7.3 of the Agreement, to amend the Agreement in any
manner, so long as such amendment does not adversely affect the rights of any
shareholder and is not in contravention of applicable law;
and
WHEREAS, the Trustees hereby desire to liquidate, and have
authorized the liquidation of, the Xxxxxx World Target Twenty Fund, effective
June 21, 2002;
NOW THEREFORE:
The first paragraph of Section 4.2 of the Agreement is hereby
amended to read in pertinent part as follow:
"Section 4.2 Establishment and Designation of
Sub-Trusts. Without limiting the authority of the Trustee set forth
in Section 4.1 to establish and designate any further Sub-Trusts,
the Trustees hereby establish and designate twenty Sub-trusts and
classes thereof: Xxxxxx Limited Maturity Fund, which shall consist
of two classes of shares designated as "Class R" and "Class S"
shares; Xxxxxx Short Bond Fund, which shall consist of two classes
of shares designated as "Class R" and "Class S" shares; Xxxxxx U.S.
Government Fund, which shall consist of two classes of shares
designated as "Class R" and "Class S" shares; Xxxxxx Core Bond Fund,
which shall consist of two classes of shares
designated as "Class R" and "Class S" shares; Xxxxxx Opportunity
Bond Fund, which shall consist of two classes of shares designated
as "Class R" and "Class S" shares; Xxxxxx GNMA Fund, which shall
consist of two classes of shares designated as "Class R" and "Class
S" shares; Xxxxxx High Income Fund, which shall consist of two
classes of shares designated as "Class R" and "Class S" shares;
Bunker Hill Money Market Fund, which shall consist of two classes of
shares designated as "Class R" and "Class D" shares; Xxxxxx Short
Duration Tax Exempt Fund, which shall consist of two classes of
shares designated as "Class R" and "Class S" shares; Xxxxxx Tax
Exempt Bond Fund, which shall consist of two classes of shares
designated as "Class R" and "Class S" shares; Xxxxxx California
Municipal Income Fund, which shall consist of two classes of shares
designated as "Class R" and "Class S" shares; Xxxxxx Growth & Income
Fund, which shall consist of two classes of shares designated as
"Class R" and "Class S" shares; Xxxxxx Market Return Fund, which
shall consist of two classes of shares designated as "Class R" and
"Class S" shares; Xxxxxx U.S. Growth Leaders Fund, which shall
consist of two classes of shares designated as "Class R" and "Class
S" shares; Xxxxxx Small Cap Leaders Fund, which shall consist of two
classes of shares designated as "Class R" and "Class S" shares;
Xxxxxx Global Short Bond Fund, which shall consist of two classes of
shares designated as "Class R" and "Class S" shares; Xxxxxx Global
Fixed Income Fund, which shall consist of two classes of shares
designated as "Class R" and "Class S" shares; Xxxxxx Emerging
Markets Bond Fund, which shall consist of two classes of shares
designated as "Class R" and "Class S" shares; Xxxxxx Global Balanced
Fund, which shall consist of two classes of shares designated as
"Class R" and "Class S" shares; and EurOpportunity Fund, which shall
consist of two classes of shares designated as "Class R" and "Class
S" shares. The shares of each Sub-Trust and classes thereof and any
shares of any further Sub-Trusts and classes thereof that may from
time to time be established and designated by the Trustees shall
(unless the Trustees otherwise determine with respect to some
further Sub-Trust or class a the time of establishing and
designating the same) have the following relative rights and
preferences:".
The undersigned hereby certify that the Amendment set forth above
has been duly adopted in accordance with the provisions of the Master Trust
Agreement.
IN WITNESS WHEREOF, the undersigned have hereunto set their hands
for themselves and their assigns, as of the day and year first above written.
This instrument may be executed in one or
more counterparts, all of which shall together constitute a single instrument.
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Xxxx X. Xxxxxx Xxxxxxxxxxx X. Xxxxxxxx
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X. X. Xxxxxx, Xx. Xxxxxx X. Xxxxxxx
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X. Xxxxxxxx La Force Xxxxxxx X. Xxxxxxx
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Xxxxxx X. Xxxxx, M.D. Xxxx Xxxx Xxxx
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Xxxxxx X. XxXxxxxx, Xx.
