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SUBSCRIPTION AGREEMENT
April 16, 1996
Growth and Income Trust
IDS Tower 10
Xxxxxxxxxxx, Xxxxxxxxx 00000
Dear Trustees:
The Growth and Income Trust (the "Trust") proposes to issue and
sell in private placements, units of beneficial interest (the
"Units") in certain series of Units (each a "Portfolio" and
together, the "Portfolios") pursuant to a registration statement on
Form N-1A filed with the Securities and Exchange Commission (the
"SEC"). The Trust currently consists of four Portfolios as
follows:
Equity Income Portfolio
Total Return Portfolio
Balanced Portfolio
Equity Portfolio
In order to provide the Trust with a net worth of at least
$100,000, we hereby offer to purchase $100,000 worth of Units,
divided between the Portfolios.
We represent and warrant to the Trust that the Units are being
acquired by us for investment and not with a view to the resale or
further distribution thereof and that we have no present intention
to redeem the Units.
Please confirm that the foregoing correctly sets forth our
agreement with the Trust.
Sincerely,
STRATEGIST GROWTH AND INCOME FUND, INC.
By /s/ Xxxxxxx X. Xxxxxx
Xxxxxxx X. Xxxxxx
President
Confirmed, as of the date first above mentioned.
GROWTH AND INCOME TRUST
By /s/ Xxxxxx X. Xxx
Xxxxxx X. Xxx
Vice President and General Counsel
