Exhibit 1.10
THE XXXXXX & RYGEL INVESTMENT GROUP
AMENDMENT NO. 9 TO
MASTER TRUST AGREEMENT
This Amendment No. 9 to the Master Trust Agreement of The
Xxxxxx & Rygel Investment Group dated January 22, 1992, as amended (the
"Agreement"), is made as of November 15, 1995.
WHEREAS, pursuant to the Agreement, the Trustees have
previously established and designated eleven sub-trusts known as the Xxxxxx &
Rygel Global Fixed Income Fund, the Xxxxxx & Rygel International Bond Fund, the
Xxxxxx & Rygel Tax Exempt Bond Fund, the Xxxxxx & Rygel Short Bond Fund, the
Xxxxxx & Rygel Intermediate Bond Fund, the Xxxxxx & Rygel Opportunity Fund, the
Xxxxxx & Rygel Limited Maturity Fund, the Xxxxxx & Rygel Short Duration Tax
Exempt Fund, the Xxxxxx & Rygel U.S. Treasury Fund, the Xxxxxx & Rygel Large Cap
Plus Fund and the Xxxxxx & Rygel Broad Market Plus Fund; and
WHEREAS, the Trustees have the authority, without shareholder
approval, under Section 4.1 of the Agreement, to establish and designate
additional separate and distinct sub-trusts, to fix and determine certain
relative rights and preferences as between the shares of the sub-trusts, to
divide the shares of any sub-trust into classes, and to fix and determine
certain relative rights as between the classes of each sub-trust; and
WHEREAS, the Trustees hereby desire to change the name of the
Xxxxxx & Rygel Large Cap Plus Fund to the Xxxxxx and Rygel Equity Market
Tracking Fund, and to abolish the Xxxxxx & Rygel Broad Market Plus Fund, and
neither of such sub-trusts has any outstanding shares;
NOW THEREFORE:
The first paragraph of Section 4.2 of the Agreement is hereby
amended to read in pertinent part as follows:
"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
ten Sub-Trusts and classes thereof: the Xxxxxx & Rygel Global
Fixed Income Fund, which shall consist of two classes of shares
designated as "Class A" and "Class B" shares; the Xxxxxx & Rygel
Tax-Exempt Bond Fund, which shall consist of two classes of shares
designated as "Class A" and "Class B" shares; the Xxxxxx & Rygel
Limited Maturity Fund, which shall consist of two classes of
shares designated as "Class A" and "Class B" shares; the Xxxxxx &
Rygel Short Bond Fund, which shall consist of two classes of
shares designated as "Class A" and "Class B" shares; the Xxxxxx &
Rygel Intermediate Bond Fund, which shall consist of two classes
of shares designated as "Class A" and "Class B" shares; the Xxxxxx
& Rygel Opportunity Fund, which shall consist of two classes of
shares designated as "Class A" and "Class B" shares; the Xxxxxx &
Rygel Short Duration Tax Exempt Fund, which shall consist of two
classes of shares designated as "Class A" and Class B" shares; the
Xxxxxx & Rygel U.S. Treasury Fund, which shall consist of two
classes of shares designated as "Class A" and "Class B" shares;
the Xxxxxx & Rygel International Bond Fund, which shall consist of
two classes of shares designated as "Class A" and "Class B"
shares; and the Xxxxxx & Rygel Equity Market Tracking Fund, which
shall consist of one class of shares designated as "Class A"
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 at 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.
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This instrument may be executed in one or more counterparts,
all of which shall together constitute a single instrument.
s/Xxxx X. Xxxxxx s/Xxxxx X. Xxxxx
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Xxxx X. Xxxxxx Xxxxx X. Xxxxx
s/Xxxx Xxxx Xxxxxxxx s/Xxxxxxxxxxx X. Xxxxxxxx
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Xxxx Xxxx Xxxxxxxx Xxxxxxxxxxx X. Xxxxxxxx
s/Xxxxxx X. Xxxxxxx
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X. Xxxxxxxx La Force Xxxxxx X. Xxxxxxx
s/Xxxxxxx X. Xxxxxx s/Xxxxxx X. XxXxxxxx, Xx.
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Xxxxxxx X. Xxxxxx Xxxxxx X. XxXxxxxx, Xx.
s/X.X. Xxxxxx, Xx.
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X.X. Xxxxxx, Xx.
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