Common use of Investment Description Clause in Contracts

Investment Description. Each Fund will invest and reinvest its assets in accordance with the investment objective(s), policies and limitations specified in the prospectus (the “Prospectus”) relating to such Fund filed with the Securities and Exchange Commission (the “SEC”) as part of the Fund’s Registration Statement on Form N-1A, as it may be periodically amended or supplemented and in accordance with exemptive orders and no-action letters issued to the Trust by the SEC and its staff.

Investment Description. Each The Fund will invest and reinvest its assets in accordance with the investment objective(s), policies and limitations specified in the prospectus (the “Prospectus”) relating to such Fund filed with the Securities and Exchange Commission (the “SEC”) as part of the Fund’s Registration Statement on Form N-1AN-2, as it may be periodically amended or supplemented and in accordance with exemptive orders and no-action letters issued to the Trust by the SEC and its staffamended.

Investment Description. Each Fund will invest and reinvest its assets in accordance with the investment objective(s), policies and limitations specified in the prospectus (the “Prospectus”) relating to such Fund filed with the Securities and Exchange Commission (the “SEC”) as part of the Fund’s Registration Statement on Form N-1A, as it may be periodically amended or supplemented and in accordance with exemptive orders and no-action letters issued to the Trust by the SEC and its staffsupplemented.

Investment Description. Each Fund will invest and reinvest its assets in accordance with the its investment objective(s)objective, policies and limitations specified in the its prospectus (the each, a “Prospectus”) relating to such Fund filed with the Securities and Exchange Commission (the “SEC”) as part of the FundTrust’s Registration Statement registration statement on Form N-1AN-1A (the “Registration Statement”), as it such Fund may be periodically amended or supplemented amend such investment objective, policies and in accordance with exemptive orders and no-action letters issued to the Trust by the SEC and its stafflimitations.

Investment Description. Each The Fund will invest and reinvest its assets in accordance with the investment objective(s), policies and limitations specified in the prospectus (the “Prospectus”) of the Trust relating to such Fund the Series filed with the Securities and Exchange Commission (the “SEC”) SEC as part of the FundTrust’s Registration Statement on Form N-1A, as it may be periodically amended or supplemented and in accordance with exemptive orders and no-action letters issued to the Trust by the SEC and its staff.

Investment Description. Each The Fund will invest and reinvest its assets in accordance with the investment objective(s)objective, policies and limitations specified in the prospectus (the “Prospectus”) relating to such Fund filed with the Securities and Exchange Commission (the “SEC”) as part of the Fund’s Registration Statement registration statement on Form N-1AN-2 (the “Registration Statement”), as it the Fund may be periodically amended or supplemented amend such investment objective, policies and in accordance with exemptive orders and no-action letters issued to the Trust by the SEC and its stafflimitations.

Investment Description. Each The Fund will invest and reinvest its assets in accordance with the investment objective(s), policies and limitations specified in the prospectus (the “Prospectus”) relating to such the Fund filed with the Securities and Exchange Commission (the “SEC”) as part of the Fund’s Registration Statement on Form N-1A, as it may be periodically amended or supplemented and in accordance with exemptive orders and no-action letters issued to the Trust by the SEC and its staffsupplemented.

Investment Description. Each Fund will invest and reinvest its assets in accordance with the investment objective(s), policies and limitations specified in the prospectus and statement of additional information (the “Prospectus”) relating to such Fund filed with the Securities and Exchange Commission (the “SEC”) SEC as part of the FundTrust’s Registration Statement on Form N-1A, as it may be periodically amended or supplemented and in accordance with exemptive orders and no-action letters issued to the Trust by the SEC and its staff.

Investment Description. Each Fund will invest and reinvest its assets in accordance with the investment objective(s), policies and limitations specified in the prospectus (the “Prospectus”) relating to such Fund filed with the Securities and Exchange Commission (the “SEC”) as part of the FundTrust’s Registration Statement on Form N-1A, as it may be periodically amended or supplemented and in accordance with exemptive orders and no-action letters issued to the Trust by the SEC and its staff.

Investment Description. Each The Fund will invest and reinvest its assets in accordance with the investment objective(s), policies and limitations specified in the prospectus prospectus, as amended from time to time (the “Prospectus”) relating to such Fund ), filed with the Securities and Exchange Commission (the “SEC”) as part of the Fund’s Registration Statement on Form N-1AN-2, as it may be periodically amended or supplemented and in accordance with exemptive orders and no-action letters issued to the Trust by the SEC and its staffsupplemented.

Investment Description. Each Fund will invest and reinvest its assets in accordance with the investment objective(s), policies and limitations specified in the prospectus (the “"Prospectus”") relating to such Fund filed with the Securities and Exchange Commission (the “"SEC”") as part of the Fund’s 's Registration Statement on Form N-1A, as it may be periodically amended or supplemented and in accordance with exemptive orders and no-action letters issued to the Trust by the SEC and its staff.

Investment Description. Each The Fund will invest and reinvest its assets in accordance with the investment objective(s), policies and limitations specified in the prospectus (the “Prospectus”) relating to such Fund filed with the Securities and Exchange Commission (the “SEC”) as part of the Fund’s Registration Statement on Form N-1AN-2, as it may be periodically amended or supplemented and in accordance with exemptive orders and no-action letters issued to the Trust by the SEC and its staffsupplemented.

Investment Description. Each Fund will invest and reinvest its assets in accordance with the investment objective(s), policies and limitations specified in the prospectus (the “"Prospectus”") relating to such Fund filed with the Securities and Exchange Commission (the “"SEC”") as part of the Fund’s 's Registration Statement on Form N-1A, as it may be periodically amended or supplemented and in accordance with exemptive orders and no-action letters issued to the Trust Company by the SEC and its staff.

Investment Description. Each The Fund will invest and reinvest its assets in accordance with the investment objective(s), policies and limitations specified in the prospectus prospectus, as amended from time to time, (the “Prospectus”) relating to such Fund filed with the Securities and Exchange Commission (the “SEC”) as part of the Fund’s Registration Statement on Form N-1AN-2, as it may be periodically amended or supplemented and in accordance with exemptive orders and no-action letters issued to the Trust by the SEC and its staffsupplemented.

Investment Description. Each The Fund will invest and reinvest its assets in accordance with the investment objective(s), policies and limitations specified in the prospectus (the “Prospectus”) relating to such the Fund filed with the Securities and Exchange Commission (the “SEC”) as part of the Fund’s Registration Statement on Form N-1A, as it may be periodically amended or supplemented and in accordance with exemptive orders and no-action letters issued to the Trust by the SEC and its staff.

Investment Description. Each The Fund will invest and reinvest its assets in accordance with the investment objective(s), policies policies, guidelines and limitations specified in the prospectus (the “Prospectus”) relating to such Fund filed with the Securities and Exchange Commission (the “SEC”) as part of the Fund’s Registration Statement on Form N-1AN-2, as it may be periodically amended or supplemented and in accordance with exemptive orders and no-action letters issued to the Trust by the SEC and its staffamended.

Investment Description. Each The Fund will invest and reinvest its assets in accordance with the investment objective(s), policies and limitations specified in the prospectus (the “"Prospectus”") relating to such Fund filed with the Securities and Exchange Commission (the “"SEC”") as part of the Fund’s 's Registration Statement on Form N-1A, as it may be periodically amended or supplemented and in accordance with exemptive orders and no-action letters issued to the Trust by the SEC and its staffamended.

Investment Description. Each The Fund will invest and reinvest its assets in accordance with the investment objective(s)objective, policies and limitations specified in the prospectus (the “Prospectus”) relating to such Fund of the Portfolio filed with the Securities and Exchange Commission (the “SEC”) as part of the FundPortfolio’s Registration Statement on Form N-1A, as it may be periodically amended or supplemented and in accordance with exemptive orders and no-action letters issued to the Trust by the SEC and its staff.

Investment Description. Each Fund will invest and reinvest its assets in accordance with the investment objective(s), policies and limitations specified in the prospectus (the “Prospectus”) relating to such Fund filed with the Securities and Exchange Commission (the “SEC”) as part of the Fund’s Registration Statement on Form N-1A, as it may be periodically amended or supplemented and in accordance with exemptive orders and no-action letters issued to the Trust Company by the SEC and its staff.

Investment Description. Each Fund will invest and reinvest its assets in accordance with the its investment objective(s)objective, policies and limitations specified in the its prospectus (the “each, a "Prospectus”") relating to such Fund filed with the Securities and Exchange Commission (the “"SEC”") as part of the Fund’s Registration Statement Trust's registration statement on Form N-1AN-1A (the "Registration Statement"), as it such Fund may be periodically amended or supplemented amend such investment objective, policies and in accordance with exemptive orders and no-action letters issued to the Trust by the SEC and its stafflimitations.