ACCOLADE FUNDS
Bonnel Growth Fund
MegaTrends Fund
Xxxxxx Xxx Global Opportunity Fund
Regent Emerging Europe Opportunity Fund
........................., 1996
U.S. Global Investors, Inc.
0000 Xxxxxxxxx Xxxx
Xxx Xxxxxxx, Xxxxx 00000
Gentlemen:
Pursuant to the Compensation Section of the Bookkeeping and Accounting Agreement
dated September 21, 1994 between Accolade Funds (the "Trust") and U.S. Global
Investors, Inc. (the "Advisor"), please be advised that the Trust has
established one new series of its shares, namely, the Regent Emerging Europe
Opportunity Fund, and please be further advised that the Trust desires to retain
United Shareholder Services, Inc. to render bookkeeping and acounting services
under the Bookkeeping and Accounting Agreement to this Fund.
Name of Fund: Regent Emerging Europe Opportunity Fund
Date Subject to Agreement: ....................., 1996
Please state below whether you are willing to render such services.
ACCOLADE FUNDS
Attest:_____________________________ By:_______________________________
Secretary Executive Vice President
Date:__________________________
--------------------------------------------------------------------------------
We are willing to render bookkeeping and accounting services to the Regent
Emerging Europe Opportunity Fund.
UNITED SHAREHOLDER SERVICES, INC.
Attest:_____________________________ By:_______________________________
Secretary President
Date:__________________________
................................................................................
0000 Xxxxxxxxx Xxxx
Mail Address: P.O. Box 781234, San Antonio, TX 78278-1234
................................................................................
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