EXHIBIT E (iii)
USAA Investment Management Company
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Gentlemen:
Pursuant to paragraph 12 of the Underwriting Agreement dated as of June
25, 1993, as amended, between USAA Mutual Funds Trust (the Trust), formerly
known as USAA State Tax-Free Trust, and USAA Investment Management Company (the
Underwriter), please be advised that the Trust has established thirty-seven new
series of its shares (each a New Fund and collectively the New Funds) as set
forth below:
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Aggressive Growth Fund Nasdaq-100 Index Fund
Balanced Strategy Fund New York Bond Fund
Capital Growth Fund New York Money Market Fund
California Bond Fund Precious Metals and Minerals Fund
California Money Market Fund S&P 500 Index Fund
Cornerstone Strategy Fund Science & Technology Fund
Emerging Markets Fund Short-Term Bond Fund
Extended Market Index Fund Small Cap Stock Fund
First Start Growth Fund Tax Exempt Intermediate-Term Fund
GNMA Trust Tax Exempt Long-Term Fund
Growth & Income Fund Tax Exempt Money Market Fund
Growth and Tax Strategy Fund Treasury Money Market Trust
Growth Fund Tax Exempt Short-Term Fund
High-Yield Opportunities Fund Total Return Strategy Fund
Income Stock Fund Value Fund
Income Fund ▇▇▇▇▇▇▇▇ ▇▇▇▇ Fund
Intermediate-Term Bond Fund Virginia Money Market Fund
International Fund World Growth Fund
Money Market Fund
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Please be further advised that the Trust desires to retain the
Underwriter to sell and distribute shares of the New Funds and to render other
services to the New Funds as provided in the Underwriting Agreement.
Please state below whether you are willing to render such services as
provided in the Underwriting Agreement.
USAA MUTUAL FUNDS TRUST
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Secretary President
Date: As of August 1, 2006
We are willing to render services to the New Funds as set forth in the
Underwriting Agreement.
USAA INVESTMENT MANAGEMENT COMPANY
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Assistant Secretary Senior Vice President
Dated: As of August 1, 2006
