EX-99.23.i.ii
XXXXXXXX BRUSSELS CINCINNATI CLEVELAND COLUMBUS DAYTON NEW YORK
HINE WASHINGTON, D.C.
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November 27, 2002
Analysts Investment Trust
0000 Xxxxxxxxxx Xxxx
Xxxxxxxxxx, Xxxx 00000
Gentlemen:
This letter is in response to your request for our opinion in
connection with the filing of Post-Effective Amendment No. 14 to the
Registration Statement of Analysts Investment Trust (the "Trust".)
We have examined a copy of the Trust's Agreement and Declaration of
Trust, the Trust's By-Laws, the Trust's record of the various actions by the
Trustees thereof, and all such agreements, certificates of public officials,
certificates of officers and representatives of the Trust and others, and such
other documents, papers, statutes and authorities as we deem necessary to form
the basis of the opinion hereinafter expressed. We have assumed the genuineness
of the signatures and the conformity to original documents of the copies of such
documents supplied to us as original or photostat copies.
Based upon the foregoing, we are of the opinion that after
Post-Effective Amendment No. 14 is effective for purposes of federal and
applicable state securities laws, the shares of the Analysts Stock Fund, the
Analysts Aggressive Stock Fund and the Analysts Fixed Income Fund, each series
of the Trust, if issued in accordance with the then current Prospectus and
Statement of Additional Information of the Funds, will be legally issued, fully
paid and non-assessable.
We herewith give you our permission to file this opinion with the
Securities and Exchange Commission as an exhibit to Post-Effective Amendment No.
14 to the Registration Statement.
Very truly yours,
/s/
Xxxxxxxx Xxxx LLP