EXHIBIT(a)(6)
THE LUTHERAN BROTHERHOOD FAMILY OF FUNDS
AMENDMENT NO. 5
TO
THE FIRST AMENDED AND RESTATED MASTER TRUST AGREEMENT
AMENDMENT NO. 5 to the First Amended and Restated Master Trust
Agreement dated as of September 1, 1993 (the "Agreement") of Lutheran
Brotherhood Family of Funds (the "Trust"), made as of the 26th day of July,
1999.
W I T N E S S E T H:
WHEREAS, Article VII, Section 7.3 of the Agreement provides that the
Agreement may be amended at any time, so long as such amendment does not
materially adversely affect the rights of any shareholder and so long as
such amendment is not in contravention of applicable law, including the
Investment Company Act of 1940, as amended, by an instrument in writing
signed by an officer of the Trust pursuant to a vote of a majority of the
Trustees; and
WHEREAS, on June 9, 1999, a majority of the Trustees voted to amend the
Agreement as described in Article VII, Section 7.3 thereof to designate and
establish three new series of shares (in addition to "Lutheran Brotherhood
Fund", "Lutheran Brotherhood Opportunity Growth Fund", "Lutheran Brotherhood
Income Fund", "Lutheran Brotherhood Municipal Bond Fund", "Lutheran
Brotherhood Money Market Fund", "Lutheran Brotherhood High Yield Fund",
"Lutheran Brotherhood World Growth Fund", and "Lutheran Brotherhood Mid Cap
Growth Fund" heretofore established and designated), such new series to be
known as "Lutheran Brotherhood Growth Fund", "Lutheran Brotherhood Value
Fund", and "Lutheran Brotherhood Limited Maturity Bond Fund"; and
WHEREAS, on June 9, 1999, a majority of the Trustees further voted that
such shares of the new series, when issued, shall be validly issued, fully
paid, and non-assessable by the Trust; and
WHEREAS, the undersigned has been duly authorized by the Trustees to
execute and file this Amendment No. 5 to the Agreement; and
NOW, THEREFORE, effective upon the effectiveness of an amendment to the
Trust's registration statement on Form N-1A describing the three new series
referred to herein, the Agreement is hereby amended as follows:
"Section 4.2 ESTABLISHMENT AND DESIGNATION OF SUB-TRUSTS AND CLASSES.
Without limiting the authority of the Trustees set forth in Section 4.1 to
establish and designate any further Sub-Trusts and classes, the Trustees
hereby establish and designate eleven Sub-Trusts: "Lutheran Brotherhood
Fund", "Lutheran Brotherhood Opportunity Growth Fund", "Lutheran Brotherhood
Income Fund", "Lutheran Brotherhood Municipal Bond Fund", "Lutheran
Brotherhood Money Market Fund", "Lutheran Brotherhood High Yield Fund",
"Lutheran Brotherhood World Growth Fund", "Lutheran Brotherhood Mid Cap
Growth Fund", "Lutheran Brotherhood Growth Fund", "Lutheran Brotherhood
Value Fund", and "Lutheran Brotherhood Limited Maturity Bond Fund". Each
such Sub-Trust shall consist of three classes designated as the "Class A"
shares, the "Class B" shares, and the "Institutional Class" shares. The
Shares of such Sub-Trusts and any Shares of any further Sub-Trust or class
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 at the time of establishing and designating the same) have
the relative rights and preferences contained in the Multiple Class Expense
Allocation Plan as from time to time adopted by the Trustees and, in
addition, the following relative rights and preferences;"
The undersigned hereby certifies that the Amendment set forth above has
been duly adopted in accordance with the provisions of the Agreement.
IN WITNESS WHEREOF, the undersigned has hereunto set his hands as of
the day and year first above written.
THE LUTHERAN BROTHERHOOD FAMILY OF FUNDS
By: /s/ Xxxx X. Xxxxxxxx
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Name: Xxxx X. Xxxxxxxx
Title: Chairman, Trustee and President
AMENDMENT NO. 5
TO
THE FIRST AMENDED AND RESTATED MASTER TRUST AGREEMENT
#25046
