EXHIBIT (13)(k)
PURCHASE AGREEMENT
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Compass Capital Fund/SM/ (the "Fund"), a Massachusetts business trust, and
Compass Distributors, Inc. ("CDI"), a Delaware corporation, hereby agree as
follows:
1. The Fund hereby offers CDI and CDI hereby purchases one share of the
Fund's BlackRock Non-Dollar Portfolio I and BlackRock Non-Dollar Portfolio II
(collectively, the "Shares") for $10 per Share. The Fund hereby acknowledges
receipt from CDI of funds in full payment for the foregoing Shares.
2. CDI represents and warrants to the Fund that the foregoing Shares are
being acquired for investment purposes and not with a view to the distribution
thereof.
IN AGREEMENT WHEREOF, and intending to be legally bound hereby, the
parties hereto have executed this Agreement as of ____________________, 1997.
COMPASS CAPITAL FUNDS/SM/
By:______________________
COMPASS DISTRIBUTORS, INC.
By:_______________________
