FORM OF OPINION] Board of Trustees Rydex Series Funds 9601 Blackwell Road, Suite 500 Rockville, MD 20850 RE: AGREEMENT AND PLAN OF REORGANIZATION, DATED MAY __, 2009 (THE "PLAN"), ADOPTED BY THE BOARD OF TRUSTEES OF THE RYDEX SERIES FUNDS (THE...Rydex Series Funds • March 16th, 2009
Company FiledMarch 16th, 2009
STRADLEY RONON STEVENS & YOUNG, LLP STRADLEY 2600 One Commerce Square RONON Philadelphia, PA 19103-7098 ---------------- Telephone 215.564.8000 ATTORNEYS AT LAW Fax 215.564.8120 www.stradley.com November 12, 2008 Board of Trustees Franklin Tax-Free...Franklin Tax Free Trust • December 9th, 2008
Company FiledDecember 9th, 2008
Stradley Ronon Stevens & Young, LLP 2600 Commerce Square Philadelphia, PA 19103-7098 Telephone 215.564.8000 Fax 215.564.8120 www.stradley.comDelaware Group Adviser Funds Inc /Md/ • February 20th, 2008
Company FiledFebruary 20th, 2008
BINGHAM McCUTCHEN LLP 150 FEDERAL STREET BOSTON, MASSACHUSETTS 02110-1726 December 7, 2007 Pioneer Independence Fund 60 State Street Boston, Massachusetts 02109 Pioneer Growth Shares 60 State Street Boston, Massachusetts 02109 Ladies and Gentlemen:...Pioneer Independence Fund • February 15th, 2008
Company FiledFebruary 15th, 2008
SRSY LOGO] Stradley Ronon Stevens & Young, LLP 2600 One Commerce Square Philadelphia, PA 19103-7098 Telephone 215.564.8000 Fax 215.564.8120 www.stradley.com July 13, 2007 Board of Trustees Delaware Group Tax-Free Fund 2005 Market Street Philadelphia,...Delaware Group Tax Free Fund • July 20th, 2007
Company FiledJuly 20th, 2007
June 14, 2007Franklin Custodian Funds Inc • June 19th, 2007
Company FiledJune 19th, 2007
GRAPHIC OMITTED] STRADLEY RONON STEVENS & YOUNG, LLP 2600 ONE COMMERCE SQUARE PHILADELPHIA, PA 19103-7098 TELEPHONE 215.564.8000 FAX 215.564.8120 WWW.STRADLEY.COM, April 25, 2007 Board of Trustees, Templeton Global Investment Trust 500 East Broward...Templeton Funds Inc • April 30th, 2007
Company FiledApril 30th, 2007
SRSY LOGO] Stradley Ronon Stevens & Young, LLP 2600 One Commerce Square Philadelphia, PA 19103-7098 Telephone 215.564.8000 Fax 215.564.8120 www.stradley.com April 13, 2007 Board of Trustees Voyageur Tax Free Funds 2005 Market Street Philadelphia, PA...Voyageur Tax Free Funds • April 25th, 2007
Company FiledApril 25th, 2007
GRAPHIC OMITTED: STRADLEY RONON LOGO] Stradley Ronon Stevens &Young, LLP 2600 One Commerce Square Philadelphia, PA 19103-7098 Telephone 215.564.8000 Fax 215.564.8120 wwww.stradley.com July 17, 2006 Board of Trustees Delaware Group Tax-Free Fund 2005...Delaware Group Tax Free Fund • August 25th, 2006
Company FiledAugust 25th, 2006
GRAPHIC OMITTED: STRADLEY RONON LOGO] Stradley Ronon Stevens & Young, LLP 2600 One Commerce Square Philadelphia, PA 19103-7098 Telephone 215.564.8000 Fax 215.564.8120 wwww.stradley.com July 17, 2006 Board of Trustees Delaware Group Tax-Free Fund 2005...Delaware Group Tax Free Fund • August 25th, 2006
Company FiledAugust 25th, 2006
STRADLEY LOGO] Stradley Ronon Stevens & Young, LLP 2600 One Commerce Square Philadelphia, PA 19103-7098 Telephone 215-564-8000 Fax 215-564-8120 www.stradley.com February 24, 2006 Board of Directors Delaware Investments Minnesota Municipal Income Fund...Delaware Investments Minnesota Municipal Income Fund Ii Inc • June 16th, 2006
Company FiledJune 16th, 2006
STRADLEY LOGO] Stradley Ronon Stevens & Young, LLP 2600 One Commerce Square Philadelphia, PA 19103-7098 Telephone 215-564-8000 Fax 215-564-8120 www.stradley.com February 24, 2006 Board of Directors Delaware Investments Minnesota Municipal Income Fund,...Delaware Investments Minnesota Municipal Income Fund Ii Inc • June 16th, 2006
Company FiledJune 16th, 2006
Re: Agreement And Plan Of Acquisition (the "Plan"), made as of the ____ day of __________, 2006, by and among (i) Lincoln National Income Fund, Inc. ("Acquired Fund"), a corporation incorporated under the laws of the State of Maryland and a closed-end...Delaware Group Income Funds • March 20th, 2006
Company FiledMarch 20th, 2006
EXHIBIT 12Sti Classic Funds • January 14th, 2005
Company FiledJanuary 14th, 2005
Wright Current Income Fund Wright U.S. Government Intermediate Fund Ladies and Gentlemen: This opinion is being delivered to you in connection with the Agreement and Plan of Reorganization (the "Agreement") made as of _______, 2004 by and between...Wright Managed Income Trust • November 3rd, 2004
Company FiledNovember 3rd, 2004This opinion is being delivered to you in connection with the Agreement and Plan of Reorganization (the "Agreement") made as of _______, 2004 by and between Wright Current Income Fund ("Acquiring Fund") and Wright U.S. Government Intermediate Fund ("Acquired Fund"), each a series of The Wright Managed Income Trust. Pursuant to the Agreement, Acquiring Fund will acquire all of the assets of Acquired Fund in exchange solely for (i) the assumption by Acquiring Fund of all of the Assumed Liabilities, as defined in the Agreement (the "Acquired Fund Liabilities"), and (ii) the issuance of shares of beneficial interest of Acquiring Fund (the "Acquiring Fund Shares") to Acquired Fund, followed by the distribution by Acquired Fund, in liquidation of Acquired Fund, of the Acquiring Fund Shares to the shareholders of Acquired Fund and the termination of Acquired Fund (the foregoing together constituting the "Transaction"). All section references, unless otherwise indicated, are to the United Stat
Fax (215) 564-8120 Philadelphia, PA o Malvern, PA o Wilmington, DE o Cherry Hill, NJ o Washington, DC A Pennsylvania Limited Liability Partnership Board of Trustees ================== ------------------ Re: Agreement and Plan of Reorganization (the...American Skandia Trust • March 8th, 2004
Company FiledMarch 8th, 2004
Fax (215) 564-8120 Philadelphia, PA o Malvern, PA o Wilmington, DE o Cherry Hill, NJ o Washington, DC A Pennsylvania Limited Liability Partnership Board of Trustees ================== ------------------ Re: Agreement and Plan of Reorganization (the...American Skandia Trust • March 5th, 2004
Company FiledMarch 5th, 2004
Fax (215) 564-8120 Board of Trustees __________________ __________________ __________________ Re: Agreement and Plan of Reorganization (the "Plan") dated as of ____________, 2003, made by ________________ (the "Trust"), a business trust formed under...American Skandia Advisor Funds Inc • October 29th, 2003
Company FiledOctober 29th, 2003
August 4, 2003 To the Parties Listed on Schedule I Attached Hereto Re: Agreement and Plan of Reorganization for the Exchange of Shares of Morgan Stanley Dividend Growth Securities Inc. for Substantially All of the Assets of the Morgan Stanley Equity...Morgan Stanley Dividend Growth Securities Inc • August 4th, 2003
Company FiledAugust 4th, 2003
Board of Trustees Board of Directors Eastern Point Advisors Funds Trust The Avalon Fund of Maryland, Inc. 230 Broadway East, Suite 203 655 Fairfield Court, Suite 200 Lynnfield, MA 01940-2320 Ann Arbor, MI 48108 RE: AGREEMENT AND PLAN OF REORGANIZATION...Eastern Point Advisors Funds Trust • July 23rd, 2003
Company FiledJuly 23rd, 2003
STRADLEY RONON Stradley Ronon Stevens & Young, LLP ATTORNEYS AT LAW 2600 One Commerce Square Philadelphia, PA 19103-7098 Telephone (215) 564-8000 Fax (215) 564-8120 William S. Pilling, III WPilling@stradley.com 215-564-8079 June 23, 2003 Board of...Gartmore Variable Insurance Trust • June 30th, 2003
Company FiledJune 30th, 2003
STRADLEY RONON Stradley Ronon Stevens & Young, LLP ATTORNEYS AT LAW 2600 One Commerce Square Philadelphia, PA 19103-7098 Telephone (215) 564-8000 Fax (215) 564-8120 William S. Pilling, III WPilling@stradley.com June 23, 2003 Board of Trustees Gartmore...Gartmore Mutual Funds • June 30th, 2003
Company FiledJune 30th, 2003
March 7, 2003 RS Aggressive Growth Fund RS Investment Trust 388 Market Street San Francisco, CA 94111 RS Emerging Growth Fund RS Investment Trust 388 Market Street San Francisco, CA 94111 Ladies and Gentlemen: We have acted as counsel in connection...Rs Investment Trust • May 22nd, 2003
Company FiledMay 22nd, 2003
May 8, 2003Templeton Funds Inc • May 16th, 2003
Company FiledMay 16th, 2003
Fax (215) 564-8120 William S. Pilling, III WPilling@stradley.com April 28, 2003 Board of Trustees Market Street Fund 300 Continental Drive Newark, Delaware 19713 Board of Trustees Gartmore Variable Insurance Trust 1200 River Road Conshohocken,...Gartmore Variable Insurance Trust • May 9th, 2003
Company FiledMay 9th, 2003
STRADLEY RONON STEVENS & YOUNG, LLP 2600 One Commerce Square Philadelphia, PA 19103-7098 Telephone (215) 564-8000 Fax (215) 564-8120 September 26, 2002 Board of Directors Templeton Emerging Markets Appreciation Fund, Inc. 500 East Broward Boulevard...Templeton Developing Markets Trust • October 22nd, 2002
Company FiledOctober 22nd, 2002
2600 One Commerce Square Philadelphia, PA 19103-7098 Telephone (215) 564-8000 Fax (215) 564-8120 September 26, 2002 Board of Directors Templeton Vietnam and Southeast Asia Fund, Inc. 500 East Broward Boulevard Fort Lauderdale, FL 33394 Board of...Templeton Developing Markets Trust • October 22nd, 2002
Company FiledOctober 22nd, 2002
STRADLEY STRADLEY RONON STEVENS & YOUNG, LLP SR RONON 2600 One Commerce Square ATTORNEYS AT LAW Philadelphia, PA 19103-7098 Telephone (215) 564-8000 Fax (215) 564/8120 August 30, 2002 Board of Directors Templeton Global Income Fund, Inc. 500 East...Templeton Global Income Fund Inc • September 16th, 2002
Company FiledSeptember 16th, 2002
Board of Trustees STI Classic Variable Trust 101 Federal Street Boston, Massachusetts 02110 Re: AGREEMENT AND PLAN OF REORGANIZATION, DATED AS OF THE ___ OF ___________, 2002 (THE "AGREEMENT"), BY AND BETWEEN STI CLASSIC VARIABLE TRUST, A...Sti Classic Variable Trust • June 20th, 2002
Company FiledJune 20th, 2002
EXHIBIT DDeclaration Fund • June 22nd, 2001
Company FiledJune 22nd, 2001
FORM OF OPINION] [MORGAN LEWIS LETTERHEAD]Alleghany Funds • June 4th, 2001
Company FiledJune 4th, 2001
Stradley Ronon Stevens & Young, LLP 2600 One Commerce Square Philadelphia, PA 19103-7098 Telephone (215)564-8000 Fax (215) 564-8120 March 8, 2001 Board of Trustees Franklin Tax-Free Trust 777 Mariners Island Boulevard San Mateo, CA 94404-7777 RE:...Franklin Tax Free Trust • March 13th, 2001
Company FiledMarch 13th, 2001
August 18, 2000Alpha Select Funds • August 18th, 2000
Company FiledAugust 18th, 2000
1 Exhibit (12)(b) February 11, 2000 Armada Funds The Parkstone Group of Funds One Freedom Valley Drive Oaks, Pennsylvania 19456 Re: Agreement and Plan of Reorganization by and between Armada Funds and The Parkstone Group of Funds, dated November 17,...Armada Funds • February 17th, 2000
Company FiledFebruary 17th, 2000
ARMADA FUNDS One Freedom Valley Drive Oaks, Pennsylvania 19456Armada Funds • February 17th, 2000
Company FiledFebruary 17th, 2000