◆ SpookStack

idual, his um initial ay certain the Fund. and bona ify under ts written t through ension or benefit of i with the Pplicabie set value ny or an 3 sell the Strategic purchase ndividual egistered custodial bonus or im dollar during a xpenses, ii and + of such ar : :d repre- ierwriter” or other Letter of between dditional ns. (See obtained ¥y calling REDEMPTION OR REPURCHASE OF SHARES Shares of the Fund will be redeemed at the sharehoider’s request without any charge. If the shareholder holds certificates, the certificates must be properly endorsed, and in order for transfer, and delivered to Shareholder Services Agent, State Street Bank and Trust Company, P.O. Box 26070, Kansas City, MO 64196. The signature(s} must be guaranteed by a commercial bank or trust company or by a member of a national securities exchange. “: If there are no share certificates outstanding, a wiitten request is required. IN ADDITION, a signature guarantee is required on al! redemptions. ‘ The redemption price is the net asset value per share next determined after delivery of the certificate or the written redemption request. The value of the shares on redemption may be more or less than the shareholder's cost, depending upon the market value of the portfolio securities at the time of redemption. Payment for shares redeemed wil! be made by the Fund within seven days after receipt of request. Securities dealers who have sales agreements with the Distributor may request the Fund by teletype, telegram or telephone to repurchase shares for which such securities dealer has the securities registered in its name or its client's name. In such instances, the repurchase price will be the net asset value next determined after receipt by the securities dealer of the request to repurchase provided such request is transmitted to the Fund prior to its close of business on daie of receipt. Applicable laws and regulations permit a securities dealer to charge a commission fee for this service, although the Fund itself i imposes no charge. Par The Fund reserves the right to close out any investor’s account wkenever, due to redemptions, the value of the account falls below $500 and the investor fails to purchase sufficient shares to bring the value of the account up to $500 or more within 10 days after written notice is sent by the Fund. DETERMINATION OF NET ASSET VALUE The net asset value per share will be determined at the close of the New York Stock Exchange each day -on which it is opened for trading. The calculation is made one hour after the close of trading on the Exchange, and the net asset vaiue so determined and public offering price based thereon is applicable to all orders to purchase, redeem or repurchase Fund shares received by securities dealers prior to the closing of the New York Stock Exchange. Purchase orders and redemption requests received after the time " of calculation or placed on a day when the Exchange is not open for trading will be fifled at the next determined net asset value. The term “offering price” as used throughout the Prospectus and the Statement of Additional Information includes the sales charge. For further information regarding pricing of the Fund's shares, see the Statement.of Additional Information. ADDITIONAL INFORMATION The Fund was incorporated under the laws of the State of Texas on May 13, 1974. The authorized capital of the Fund consists of 200,000,000 shares of Capital Stock without par value with equal voting rights and equaj rights with respect to dividends and assets. When issued, all shares will be fully paid and non-assessable and will have no preemptive or conversion rights. £ 10