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EXHIBIT 13(k)
PURCHASE AGREEMENT
The ARCH Fund, Inc. (the "Fund"), a Maryland corporation with
transferable shares, and BISYS Fund Services Ohio, Inc. ("BISYS Ohio"), an Ohio
corporation, hereby agree with each other as follows:
1. The Fund hereby offers BISYS Ohio and BISYS Ohio hereby purchases
ten (10) shares of Class T common stock representing interests in the Conning
Money Market Portfolio (the "Portfolio") at a price of $1.00 per share (such
shares of common stock in the Portfolio being hereinafter known as the
"Shares"). BISYS Ohio hereby acknowledges the purchase of the Shares and the
Fund hereby acknowledges receipt from BISYS Ohio of funds in the amount of
$10.00 in full payment for the Shares.
2. BISYS Ohio represents and warrants to the Fund that the Shares are
being acquired for investment purposes and not with a view to the distribution
thereof.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the ____ day of ___________, 1998.
THE ARCH FUND, INC.
By:___________________________
Title: President
BISYS FUND SERVICES OHIO, INC.
By:___________________________
Title: President
