EXHIBIT 5(g)
USAA Investment Management Company
10750 ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Freeway
San ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Gentlemen:
Pursuant to paragraph 12 of the Underwriting Agreement dated as of July
25, 1990 between USAA Mutual Fund, Inc. (the "Company") and USAA Investment
Management Company (the "Underwriter"), please be advised that the Company has
established one new series of its shares, namely, the Value Fund ("the Fund"),
and please be further advised that the Company desires to retain the
Underwriter to sell and distribute shares of the Fund and to render other
services to the Fund 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 FUND, INC.
Attest: /S/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /S/ ▇▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
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Secretary President
Dated: August 3, 2001
We are willing to render services to the Value Fund as set forth in the
Underwriting Agreement.
USAA INVESTMENT MANAGEMENT COMPANY
Attest: /S/ ▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /S/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
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Assistant Secretary Senior Vice President
Dated: August 3, 2001