EXHIBIT 99(l)
August 30, 2001
Board of Trustees
Xxxxxxxxx Global Funds
000 X. Xxxxxxxx Xxxxxx
Xxxxx 0000
Xxxxxxx, Xxxxxxxx 00000
Re: Subscription Agreement for Shares of
Xxxxxxxxx Global Funds (the "Trust")
------------------------------------
Dear Trustees:
Xxxxxxxxx Global Investors (North America) Inc. offers to purchase from
the Trust 20,000 Class A shares of beneficial interest, 2,500 Class B shares of
beneficial interest and 2,500 Class C shares of beneficial interest in each
portfolio of the Trust: Xxxxxxxxx European Focus Fund, Xxxxxxxxx Global
Technology Fund, Xxxxxxxxx International Developing Companies Fund, Xxxxxxxxx
International Opportunities Fund and Henderson Worldwide Growth Fund; at $10.00
per share for an aggregate purchase price of $1,250,000 in cash, all such shares
to be validly issued, fully paid and non-assessable upon issuance of such shares
and receipt by the Fund of said payment.
These shares are not being purchased with any present intent of
distributing or reselling the same to the public and will be held for the
investment of Xxxxxxxxx Global Investors (North America), Inc.
Sincerely,
XXXXXXXXX GLOBAL INVESTORS
(NORTH AMERICA) INC.
By: /s/ Xxxxxxx Xxxxxxxxxx
Accepted and agreed to this
30th day of August, 2001.
XXXXXXXXX GLOBAL FUNDS
By: /s/ Xxxx Xxxxxxxxx
