XXXXXXXXX GLOBAL FUNDS
SUBSCRIPTION AGREEMENT
1. Share Subscription. The undersigned hereby agrees to purchase from
Xxxxxxxxx Global Funds (the "Trust"), which is a series type mutual fund, 22,500
Class A shares of beneficial interest and 2,500 Class C shares of beneficial
interest of the Xxxxxxxxx Global Equity Income Fund and 60,000 Class A shares of
beneficial interest and 5,000 Class C shares of beneficial interest of the
Xxxxxxxxx Global Opportunities Fund (together with the Xxxxxxxxx Global Equity
Income Fund, the "Funds") (each a "Share" and collectively the "Shares") at a
purchase price of $10.00 per share, on the terms and conditions set forth herein
and in the preliminary Prospectus described below. The undersigned hereby
tenders $900,000 for the aggregate purchase price of the Shares.
The undersigned understands that the Trust has filed a post-effective
amendment to the Registration Statement (No. 333-62270) on Form N-1A with the
Securities and Exchange Commission, which contains the preliminary Prospectus
describing the Trust, the Funds and the Shares. By its signature hereto, the
undersigned hereby acknowledges receipt of a copy of the preliminary Prospectus.
The undersigned recognizes that the Funds will not be fully operational
until such time as they commence the offering of their Shares. Accordingly, a
number of features of the Funds described in the preliminary Prospectus,
including, without limitation, the declaration and payment of dividends and
redemptions of Shares upon request of shareholders, are not, in fact, in
existence at the present time and will not be instituted until the Trust's
post-effective amendment to the Registration Statement on Form N-1A is
effective.
2. Representations and Warranties. The undersigned hereby represents
and warrants as follows:
a. It is aware that no federal or state agency has made any
findings or determination as to the fairness for investment, nor any
recommendations or endorsement, of the Shares;
b. It has such knowledge and experience of financial and
business matters as will enable it to utilize the information made
available to it, in connection with the offering of the Shares, to
evaluate the merits and risks of the prospective investment and to make
an informed investment decision;
c. It recognizes that the Funds have only recently been
organized and have no financial or operating history and, further, that
investment in the Funds involves certain risks, and it has taken full
cognizance of and understands all of the risks related to the purchase
of the Shares, and it acknowledges that it has suitable financial
resources and anticipated income to bear the economic risk of such an
investment;
d. It is purchasing the Shares for its own account, for
investment, and not with any intention of redemption, distribution, or
resale of the Shares, either in whole or in part;
e. It will not sell the Shares purchased by it without
registration of the Shares under the Securities Act of 1933 or
exemption therefrom;
f. It has been furnished with, and has carefully read, this
Agreement and the preliminary Prospectus and such material documents
relating to the Trust and the Funds as it has requested and as have
been provided to it by the Trust; and
g. It has also had the opportunity to ask questions of, and
receive answers from, the Trust concerning the Trust and the Funds and
the terms of the offering.
IN WITNESS WHEREOF, the undersigned has executed this instrument as of
November 30, 2006.
XXXXXXXXX GLOBAL INVESTORS
(NORTH AMERICA) INC.
/s/ Xxxxx Xxxxxxxxx
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Name: Xxxxx Xxxxxxxxx
Title: Corporate Secretary
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