AMENDMENT NO. 14
TO THE
DECLARATION OF TRUST
OF
▇▇▇▇▇▇▇ ▇▇▇▇▇ TRUST
This AMENDMENT NO. 14 dated the 26th day of April, 2000 to the
AGREEMENT AND DECLARATION OF TRUST (the "Declaration"), as amended, dated the
28th day of January, 1997 is made by the Trustees name below;
WHEREAS, the Trustees have established a trust for the
investment and reinvestment of funds contributed thereto;
WHEREAS, the Trustees divided the beneficial interest in the
trust assets into transferable shares of beneficial interest and divided such
shares of beneficial interest into separate Series;
WHEREAS, the Trustees desire to create new Series and
designate new Classes of shares;
NOW, THEREFORE, in consideration of the foregoing premises and the
agreements contained herein, the undersigned, being all of the Trustees of the
Trust and acting in accordance with Article V, Section 1 of the Declaration,
hereby amend the Declaration as follows:
The Trust shall consist of one or more Series. Without limiting the
authority of the Trustees to establish and designate any further
Series, the Trustees hereby establish the following 54 Series: ▇▇▇▇▇▇▇
Sachs Adjustable Rate Government Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Short Duration
Government Fund, ▇▇▇▇▇▇▇ Sachs Short Duration Tax-Free Fund, ▇▇▇▇▇▇▇
Sachs Core Fixed Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Global Income Fund, ▇▇▇▇▇▇▇
Sachs Government Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Municipal Income Fund,
▇▇▇▇▇▇▇ Sachs High Yield Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ High Yield Municipal Fund,
▇▇▇▇▇▇▇ Sachs Enhanced Cash Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Balanced Fund, ▇▇▇▇▇▇▇
Sachs CORE Large Cap Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE U.S. Equity Fund,
▇▇▇▇▇▇▇ Sachs CORE Small Cap Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE
International Equity Fund, ▇▇▇▇▇▇▇ Sachs Growth and Income Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Capital Growth Fund, ▇▇▇▇▇▇▇ Sachs Mid Cap Value Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Small Cap Value Fund, ▇▇▇▇▇▇▇ Sachs International Equity
Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Asia Growth Fund, ▇▇▇▇▇▇▇ Sachs Emerging Markets
Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Real Estate Securities Fund, ▇▇▇▇▇▇▇ Sachs
International Small Cap Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Japanese Equity Fund,
▇▇▇▇▇▇▇ Sachs European Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE Large Cap Value
Fund, ▇▇▇▇▇▇▇ Sachs Strategic Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth
Opportunities Fund, ▇▇▇▇▇▇▇ Sachs Internet Tollkeeper Fund, ▇▇▇▇▇▇▇
Sachs Large Cap Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE Tax-Managed Equity Fund,
▇▇▇▇▇▇▇ Sachs Research Select Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth Strategy
Portfolio, ▇▇▇▇▇▇▇ Sachs Aggressive Growth Strategy Portfolio, ▇▇▇▇▇▇▇
Sachs Balanced Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth and Income
Strategy Portfolio, ▇▇▇▇▇▇▇ Sachs Conservative Strategy Portfolio,
Institutional Liquid Assets- Prime Obligations Portfolio, Institutional
Liquid Assets-Government Portfolio, Institutional Liquid
Assets-Treasury Obligations Portfolio, Institutional Liquid
Assets-Money Market Portfolio, Institutional Liquid Assets-Federal
Portfolio, Institutional Liquid Assets-Treasury Instruments Portfolio,
Institutional Liquid Assets-Tax-Exempt Diversified Portfolio,
Institutional Liquid Assets-Tax-Exempt New York Portfolio,
Institutional Liquid Assets-Tax-Exempt California Portfolio, ▇▇▇▇▇▇▇
Sachs-Financial Square Prime Obligations Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial
Square Government Fund, ▇▇▇▇▇▇▇ Sachs-Financial Square Treasury
Obligations Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square Money Market Fund,
▇▇▇▇▇▇▇ Sachs-Financial Square Tax-Free Money Market Fund, ▇▇▇▇▇▇▇
Sachs-Financial Square Federal Fund, and ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square
Treasury Instruments Fund (the "Existing Series"). Each additional
Series shall be established and is effective upon the adoption of a
resolution of a majority of the Trustees or any alternative date
specified in such resolution. The Trustees may designate the relative
rights and preferences of the Shares of each Series. The Trustees may
divide the Shares of any Series into Classes. Without limiting the
authority of the Trustees to establish and designate any further
Classes, the Trustees hereby establish the following classes of shares
with respect to the series set forth below:
Class A Shares: ▇▇▇▇▇▇▇ Sachs Adjustable Rate Government Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Global Income Fund, ▇▇▇▇▇▇▇ Sachs
Government Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Municipal
Income Fund, ▇▇▇▇▇▇▇ Sachs High Yield Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Short Duration Government Fund,
▇▇▇▇▇▇▇ Sachs Short Duration Tax-Free Fund, ▇▇▇▇▇▇▇
Sachs Core Fixed Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ High
Yield Municipal Fund, ▇▇▇▇▇▇▇ Sachs Balanced Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE U.S. Equity Fund, ▇▇▇▇▇▇▇ Sachs
CORE Small Cap Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE
International Equity Fund, ▇▇▇▇▇▇▇ Sachs CORE
Large Cap Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth and
Income Fund, ▇▇▇▇▇▇▇ Sachs Mid Cap Value Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Capital Growth Fund, ▇▇▇▇▇▇▇ Sachs
Small Cap Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International
Equity Fund, ▇▇▇▇▇▇▇ Sachs Emerging Markets
Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Asia Growth Fund,
▇▇▇▇▇▇▇ Sachs Real Estate Securities Fund, ▇▇▇▇▇▇▇
Sachs International Small Cap Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Japanese Equity Fund, ▇▇▇▇▇▇▇ Sachs European Equity
Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE Large Cap Value Fund,
▇▇▇▇▇▇▇ Sachs Strategic Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Growth Opportunities Fund, ▇▇▇▇▇▇▇ Sachs Internet
Tollkeeper Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Large Cap Value Fund,
▇▇▇▇▇▇▇ Sachs CORE Tax-Managed Equity Fund, ▇▇▇▇▇▇▇
Sachs Research Select Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth
Strategy Portfolio, ▇▇▇▇▇▇▇ Sachs Aggressive
Growth Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Balanced
Strategy Portfolio, ▇▇▇▇▇▇▇ Sachs Growth and Income
Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Conservative
Strategy Portfolio.
Class B Shares ▇▇▇▇▇▇▇ Sachs Global Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Government Income Fund, ▇▇▇▇▇▇▇ Sachs Municipal
Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ High Yield Fund, ▇▇▇▇▇▇▇
Sachs Short Duration Government Fund, ▇▇▇▇▇▇▇
Sachs Short Duration Tax-Free Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Core Fixed Income Fund, ▇▇▇▇▇▇▇ Sachs High Yield
Municipal Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Balanced Fund,
▇▇▇▇▇▇▇ Sachs CORE U.S. Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
CORE Small Cap Equity Fund, ▇▇▇▇▇▇▇ Sachs CORE
International Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE
Large Cap Growth Fund, ▇▇▇▇▇▇▇ Sachs Growth and
Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Mid Cap Value Fund,
▇▇▇▇▇▇▇ Sachs Capital Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Small Cap Value Fund, ▇▇▇▇▇▇▇ Sachs International
Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Emerging Markets Equity
Fund, ▇▇▇▇▇▇▇ Sachs Asia Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
International Small Cap Fund, ▇▇▇▇▇▇▇ Sachs Japanese
Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE Large Cap Value
Fund, ▇▇▇▇▇▇▇ Sachs Growth Opportunities Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Strategic Growth Fund, ▇▇▇▇▇▇▇ Sachs
Internet Tollkeeper Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Large Cap
Value Fund, ▇▇▇▇▇▇▇ Sachs CORE Tax-Managed Equity
Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Research Select Fund,
Institutional Liquid Assets Prime Obligations
Portfolio, ▇▇▇▇▇▇▇ Sachs Real Estate Securities
Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ European Equity Fund,
▇▇▇▇▇▇▇ Sachs Growth Strategy Portfolio, ▇▇▇▇▇▇▇
Sachs Aggressive Growth Strategy Portfolio, ▇▇▇▇▇▇▇
Sachs Balanced Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Growth and Income Strategy Portfolio, ▇▇▇▇▇▇▇ Sachs
Conservative Strategy Portfolio.
Class C Shares ▇▇▇▇▇▇▇ ▇▇▇▇▇ Global Income Fund, ▇▇▇▇▇▇▇ Sachs
Government Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Municipal
Income Fund, ▇▇▇▇▇▇▇ Sachs High Yield Fund, ▇▇▇▇▇▇▇
Sachs Short Duration Government Fund, ▇▇▇▇▇▇▇
Sachs Short Duration Tax-Free Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Core Fixed Income Fund, ▇▇▇▇▇▇▇ Sachs High Yield
Municipal Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Balanced Fund,
▇▇▇▇▇▇▇ Sachs CORE U.S. Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
CORE Small Cap Equity Fund, ▇▇▇▇▇▇▇ Sachs CORE
International Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE
Large Cap Growth Fund, ▇▇▇▇▇▇▇ Sachs Growth and
Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Mid Cap Value Fund,
▇▇▇▇▇▇▇ Sachs Capital Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Small Cap Value Fund, ▇▇▇▇▇▇▇ Sachs International
Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Emerging Markets Equity
Fund, ▇▇▇▇▇▇▇ Sachs Asia Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
International Small Cap Fund, ▇▇▇▇▇▇▇ Sachs Japanese
Equity Fund, Institutional Liquid Assets Prime
Obligations Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Real Estate
Securities Fund, ▇▇▇▇▇▇▇ Sachs European Equity Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE Large Cap Value Fund, ▇▇▇▇▇▇▇
Sachs Strategic Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth
Opportunities Fund, ▇▇▇▇▇▇▇ Sachs Internet
Tollkeeper Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Large Cap Value Fund,
▇▇▇▇▇▇▇ Sachs CORE Tax-Managed Equity Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Research Select Fund, ▇▇▇▇▇▇▇
Sachs Growth Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Aggressive Growth Strategy Portfolio, ▇▇▇▇▇▇▇ Sachs
Balanced Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth
and Income Strategy Portfolio, ▇▇▇▇▇▇▇ Sachs
Conservative Strategy Portfolio.
Institutional Shares: ▇▇▇▇▇▇▇ ▇▇▇▇▇ Adjustable Rate Government Fund,
▇▇▇▇▇▇▇ Sachs Short Duration Government Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Short Duration Tax-Free Fund,
▇▇▇▇▇▇▇ Sachs Government Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Municipal Income Fund, ▇▇▇▇▇▇▇ Sachs Core Fixed
Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ High Yield Municipal
Fund, ▇▇▇▇▇▇▇ Sachs Global Income Fund, ▇▇▇▇▇▇▇
Sachs High Yield Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Enhanced Cash
Fund, ▇▇▇▇▇▇▇ Sachs Balanced Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Small Cap Value Fund, ▇▇▇▇▇▇▇ Sachs Capital Growth
Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE Large Cap Growth Fund,
▇▇▇▇▇▇▇ Sachs CORE U.S. Equity Fund, ▇▇▇▇▇▇▇
Sachs CORE Small Cap Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
CORE International Equity Fund, ▇▇▇▇▇▇▇ Sachs
Growth and Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Mid Cap Value
Fund, ▇▇▇▇▇▇▇ Sachs International Equity Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Emerging Markets Equity Fund,
▇▇▇▇▇▇▇ Sachs Asia Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
International Small Cap Fund, ▇▇▇▇▇▇▇ Sachs
Japanese Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Real Estate
Securities Fund, ▇▇▇▇▇▇▇ Sachs European Equity
Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE Large Cap Value Fund,
▇▇▇▇▇▇▇ Sachs Growth Opportunities Fund, ▇▇▇▇▇▇▇
Sachs Strategic Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Internet Tollkeeper Fund, ▇▇▇▇▇▇▇ Sachs Large Cap
Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE Tax-Managed Equity
Fund, ▇▇▇▇▇▇▇ Sachs Research Select Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Enhanced Cash Fund, ▇▇▇▇▇▇▇
Sachs-Financial Square Prime Obligations Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square Government Fund,
▇▇▇▇▇▇▇ Sachs-Financial Square Treasury
Obligations Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square
Money Market Fund, ▇▇▇▇▇▇▇ Sachs-Financial Square
Premium Money Market Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial
Square Municipal Money Market Fund, ▇▇▇▇▇▇▇
Sachs-Financial Square Tax-Free Money Market Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square Federal Fund,
▇▇▇▇▇▇▇ Sachs-Financial Square Treasury Instruments
Fund, Institutional Liquid Assets-Prime Obligations
Portfolio, Institutional Liquid Assets-Government
Portfolio, Institutional Liquid Assets-Treasury
Obligations Portfolio, Institutional Liquid
Assets-Money Market Portfolio, Institutional
Liquid Assets-Federal Portfolio, Institutional
Liquid Assets-Treasury Instruments Portfolio,
Institutional Liquid Assets-Tax-Exempt Diversified
Portfolio, Institutional Liquid Assets-Tax-Exempt
New York Portfolio, Institutional Liquid
Assets-Tax-Exempt California Portfolio, ▇▇▇▇▇▇▇
Sachs Growth Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Aggressive Growth Strategy Portfolio, ▇▇▇▇▇▇▇
Sachs Balanced Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Growth and Income Strategy Portfolio, ▇▇▇▇▇▇▇ Sachs
Conservative Strategy Portfolio.
Service Shares: ▇▇▇▇▇▇▇ ▇▇▇▇▇ Adjustable Rate Government Fund,
▇▇▇▇▇▇▇ Sachs Short Duration Government Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Short Duration Tax-Free Fund, ▇▇▇▇▇▇▇
Sachs Government Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Municipal Income Fund, ▇▇▇▇▇▇▇ Sachs Core Fixed
Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ High Yield Municipal
Fund, ▇▇▇▇▇▇▇ Sachs Global Income Fund, ▇▇▇▇▇▇▇
Sachs High Yield Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Balanced
Fund, ▇▇▇▇▇▇▇ Sachs Small Cap Value Fund, ▇▇▇▇▇▇▇
Sachs Capital Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE U.S.
Equity Fund, ▇▇▇▇▇▇▇ Sachs CORE Large Cap Growth
Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE Small Cap Equity Fund,
▇▇▇▇▇▇▇ Sachs CORE International Equity Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth and Income Fund, ▇▇▇▇▇▇▇ Sachs
Mid Cap Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International
Equity Fund, ▇▇▇▇▇▇▇ Sachs Emerging Markets Equity
Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Asia Growth Fund, ▇▇▇▇▇▇▇ Sachs
International Small Cap Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Japanese Equity Fund, ▇▇▇▇▇▇▇ Sachs Real Estate
Securities Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ European Equity Fund,
▇▇▇▇▇▇▇ Sachs CORE Large Cap Value Fund, ▇▇▇▇▇▇▇
Sachs Strategic Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Growth Opportunities Fund, ▇▇▇▇▇▇▇ Sachs Internet
Tollkeeper Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Large Cap Value
Fund, ▇▇▇▇▇▇▇ Sachs CORE Tax-Managed Equity Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Research Select Fund, ▇▇▇▇▇▇▇
Sachs-Financial Square Prime Obligations Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square Government Fund,
▇▇▇▇▇▇▇ Sachs-Financial Square Treasury Obligations
Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square Money Market
Fund, ▇▇▇▇▇▇▇ Sachs-Financial Square Tax-Free Money
Market Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square
Federal Fund, ▇▇▇▇▇▇▇ Sachs-Financial Square
Treasury Instruments Fund, Institutional Liquid
Assets-Prime Obligations Portfolio, Institutional
Liquid Assets-Government Portfolio,
Institutional Liquid Assets- Treasury Obliga
tions Portfolio, Institutional Liquid Assets-Money
Market Portfolio, Institutional Liquid Assets-
Federal Portfolio, Institutional Liquid Assets-
Treasury Instruments Portfolio, Institutional
Liquid Assets-Tax-Exempt Diversified Portfolio,
Institutional Liquid Assets-Tax-Exempt New York
Portfolio, Institutional Liquid Assets-Tax-Exempt
California Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth Strategy
Portfolio, ▇▇▇▇▇▇▇ Sachs Aggressive Growth Strategy
Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Balanced Strategy
Portfolio, ▇▇▇▇▇▇▇ Sachs Growth and Income Strategy
Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Conservative Strategy
Portfolio.
Administration Shares: ▇▇▇▇▇▇▇ Sachs-Financial Square Prime Obligations
Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square Government
Fund, ▇▇▇▇▇▇▇ Sachs-Financial Square Treasury
Obligations Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square
Money Market Fund, ▇▇▇▇▇▇▇ Sachs-Financial Square
Tax-Free Money Market Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial
Square Federal Fund,▇▇▇▇▇▇▇ Sachs-Financial Square
Treasury Instruments Fund, Institutional Liquid
Assets-Prime Obligations Portfolio, Institutional
Liquid Assets-Government Portfolio,
Institutional Liquid Assets-Treasury Obligations
Portfolio, Institutional Liquid Assets-Money
Market Portfolio, Institutional Liquid
Assets-Federal Portfolio, Institutional Liquid
Assets-Treasury Instruments Portfolio, Institutional
Liquid Assets-Tax-Exempt Diversified Portfolio,
Institutional Liquid Assets-Tax- Exempt New York
Portfolio and Institutional Liquid Assets-Tax-Exempt
California Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Enhanced Cash
Fund.
Preferred
Administration Shares: ▇▇▇▇▇▇▇ Sachs-Financial Square Prime
Obligations Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square
Government Fund, ▇▇▇▇▇▇▇ Sachs-Financial Square
Treasury Obligations Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial
Square Money Market Fund, ▇▇▇▇▇▇▇ Sachs-Financial
Square Tax-Free Money Market Fund, ▇▇▇▇▇▇▇
Sachs-Financial Square Federal Fund and ▇▇▇▇▇▇▇
Sachs-Financial Square Treasury Instruments Fund.
Cash Management
Shares: Institutional Liquid Assets-Prime Obligations
Portfolio, Institutional Liquid Assets-Money
Market Portfolio, Institutional Liquid
Assets-Government Portfolio, Institutional Liquid
Assets-Tax-Exempt Diversified Portfolio,
Institutional Liquid Assets-Tax-Exempt California
Portfolio, Institutional Liquid Assets-Tax-Exempt
New York Portfolio.
Select Shares: ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square Prime
Obligations Fund, ▇▇▇▇▇▇▇ Sachs-Financial Square
Government Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square
Treasury Obligations Fund, ▇▇▇▇▇▇▇ Sachs-Financial
Square Money Market Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial
Square Tax-Free Money Market Fund, ▇▇▇▇▇▇▇
Sachs-Financial Square Federal Fund and ▇▇▇▇▇▇▇
Sachs-Financial Square Treasury Instruments Fund.
All capitalized terms which are not defined herein
shall have the same meanings as are assigned to those
terms in the Declaration.
IN WITNESS WHEREOF, the undersigned have executed
this instrument as of the date first written above.
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▇▇▇▇▇ ▇. ▇▇▇▇▇▇,
as Trustee and not individually
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▇▇▇▇▇ ▇. ▇▇▇▇,
as Trustee and not individually
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▇▇▇▇▇▇▇ Grip,
as Trustee and not individually
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▇▇▇▇ ▇. ▇▇▇▇▇▇▇,
as Trustee and not individually,
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▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
as Trustee and not individually,
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▇▇▇▇ ▇. ▇▇▇▇▇
as Trustee and not individually,
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▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇, ▇▇.
as Trustee and not individually,
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▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
as Trustee and not individually,
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▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
as Trustee and not individually,