◆ SpookStack

The above scale is applicable to purchases made at one time by the individual; or an individual, his spouse, and children under the age of 21; or a trustee or other fiduciary account. The minimum initial investment is $1000; subsequent investments in the program must be $100 or more. Under certain circumstances commission up to the entire sales charge may be re-allowed to dealers. No sales charge is imposed on dividends and capital gains distributions reinvested in shares of the Fund. In addition, no sales charge is imposed on shares sold as an investment to Officers, Directors and bona fide, full-time employees of the Fund, its Investment Adviser and principal underwriter who qualify under rules adopted by the Securities and Exchange Commission. Each purchaser must give his written assurance that the purchase is for investment and that such shares will not be resold except through redemption. _ . . Shares of the Fund may be purchased at net asset value by the trustee or custodian of any pension or profit sharing plan or payrol] deduction individual Retirement Account ([RA} established for the benefit of the employees of Strategic Management, Inc. or any securities dealer having a sales agreement with the ‘Fund, or of any national securities trade organization to which the Fund belongs. Subject to the applicable provisions of the Investment Company Act of 1940, the shares of the Fund may be issued at net asset value in exchange for the assets {subject to possible tax adjustment} of a personal hoiding company or an investment com pany. i Any registered representative authorized, by the National Association of Securities Dealers to sell the funds of the Strategic Fami which includes Strategic Investments Fund, tnc., Strategic ) inerais Fund, Inc., Strategic Silver Fund, Inc. and Strategic Treasury Positions, Inc., may purchase such fund shares at net asset value for his personal account. Personal accounts include individual accounts for himself or his spouse, Individual Retirement Accounts (IRA's) registered in the registered representative’s name, joint accounts of the registered representative and his spouse and custodial accounts for minor children where the registered representative is the custodian. In addition to the reallowance to dealers shown, the Distributor may, from time to time, pay a bonus or other incentive to deaters which ernploy a registered representative who sells a specified minimum dollar amount of the shares of the Fund and/or certain other Funds managed by the Investment Adviser during a specified period of time. Such bonus or other’ ‘incentive Inay take the form of payment for travel expens dai ; : embers of their families to places within or without the United States. In no event will the value of such bonus or incentive paid by the Distributor té the dealer exceed the difference bétween the sale arge. and fe percentage reallowed fo dealers in respect tO SUCH Stiares Sold by the qualifying registered repre- sentative of such déaler A deéalér receiving such bonus or incentive may be deemed fo be an “Underwriter” under the Securities Ac of 1933. Fund sales to Illinois residents do not qualify for such bonus or other incentive, , The Fund offers several special methods for purchasing shares of the Fund. These include Letter of Intent, Rights of Accumulation, Automatic Check investment program and Exchange Privileges between the Strategic Family of Funds. (See “Investment Program and Privileges” in the Staternent of Additional Information.} In addition, the Fund offers IRA, SPIRA, Keogh, 403(b) and 401(k) retirement plans. (See “Retirement Plans” in the Statement of Additional Information.) Additional information may be obtained from Strategic Distributors, Inc., The Strategic Building, 2030 Royai Lane, Dallas, Texas 75229 or by calling 1-800-527-5027 or in Texas call collect 214-484-1326 > 9 yo eS MAAS,