Item 77Q-1 Xxxxxx Xxxxxxx Focus Growth Fund (the "Fund")
On April 25, 2006, the Fund's Board of Trustees approved an
Agreement and Plan of Reorganization dated April 25, 2006
(the "Plan") between Xxxxxx Xxxxxxx Growth Fund ("Growth")
and the Fund, pursuant to which substantially all of the
assets of Growth would be combined with those of the Fund
and shareholders of Growth would become shareholders of the
Fund receiving shares of the Fund with a value equal to the
value of their holdings in Growth. The Plan is hereby
incorporated by reference to Exhibit A of the Proxy
Statement included in the Fund's 497 filing submitted via
XXXXX on June 21, 2006.
