Exhibit 23L-
FORM OF SUBSCRIPTION AGREEMENT
Sirius Investment Trust
0000 Xxxxxxx Xxxx., Xxxxx 000
Xxxxxxxx Xxxx, XX 00000
Gentlemen:
The undersigned person ("Subscriber") hereby subscribes for and agrees to
acquire from Sirius Investment Trust (the "Trust"), a statutory business trust
organized under the laws of the State of Delaware and operating as an open-end
management investment company, in consideration of a cash contribution of
One-Hundred Thousand Dollars ($100,000.00), the following number of shares of no
par value common stock (the "Shares") of the below-listed series of the Trust at
the price of Ten Dollars ($10.00) per share:
Sirius Small-Cap Fund- 5,000 shares
Sirius American Endeavor Fund- 5,000 shares
In respect of Subscriber's agreement to acquire the Shares, Subscriber hereby
makes the following warranties and representations to the Trust:
1. Subscriber expressly acknowledges and agrees that the Shares are
issued in reliance upon the exemption from registration contained in
Section 4(2) of the Securities Act of 1933 (the "Securities Act"), and
that the Shares will or may also be issued in reliance upon the
exemptions from registration contained in relevant sections of the
Delaware Securities Act and/or comparable exemptions contained in the
securities laws of other jurisdictions to the extent applicable, and
that the transfer of the Shares are likely to be restricted or limited
as a condition to the availability of such exemptions.
2. The Shares are being purchased for investment for the account of the
undersigned and without the intent of participating directly or
indirectly in a distribution of such Shares, and the Shares will not
be transferred except in a transaction that is in compliance with any
and all applicable securities laws.
3. Subscriber has been supplied with, or has had access to, all
information, including financial statements and other financial
information, relating to the Trust, to which a reasonable investor
would attach significance in making investment decisions, and has had
the opportunity to ask questions of, and receive answers from,
knowledgeable individuals concerning the Trust and the Shares.
4. Subscriber understands that no registration statement or prospectus
with respect to the Trust or the Shares is yet effective, and
Subscriber has made his own inquiry and analysis with respect to the
Trust and the Shares.
5. Subscriber personally, or together with his purchaser representative,
has such knowledge and experience in financial and business matters to
be capable of evaluating the merits and risks of an investment in the
Trust and the Shares.
6. Subscriber is financially able to bear the economic risk of this
investment, can afford to hold the shares for an indefinite period and
can afford a complete loss of this investment
Dated as of the ___ day of September, 2003.
SUBSCRIBED BY:
________________________________
XXXXXX X. XXXXXX
ACCEPTED BY
SIRIUS INVESTMENT TRUST
________________________________
By: Xxxxxx X. Xxxxxx
Its: President
