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STATE OF DELAWARE
CERTIFICATE OF TRUST
This Certificate of Trust is being executed as of the 24th day of March
2000 for the purpose of organizing a business trust pursuant to the Delaware
Business Trust Act, 12 Del. C. Section 3801 et seq. (the "Act").
The undersigned hereby certifies as follows:
FIRST: The name of the business trust is Pitcairn Funds (the "Trust").
SECOND: The Trust intends to become a registered investment company
under the Investment Company Act of 1940, as amended, within 180 days following
the first issuance of beneficial interests in the Trust.
THIRD: The registered office of the Trust in the State of Delaware is
located at 1209 Orange Street, Wilmington, Delaware 19801 in the County of New
Castle. The name of the registered agent of the Trust for service of process at
such location is the Corporation Trust Company.
FOURTH: Notice is hereby given pursuant to Section 3804 of the Delaware
Business Trust Act that the Trust is or may hereafter be constituted a series
trust. The debts, liabilities, obligations, and expenses incurred, contracted
for or otherwise existing with respect to any particular series of the Trust
shall be enforceable against the assets of such series only, and not against the
assets of the Trust generally.
FIFTH: The Trustees of the Trust, as set forth in its governing
instrument, reserve the right to amend, alter, change, or repeal any provisions
contained in this Certificate of Trust, in the manner as they deem necessary or
desirable.
SIXTH: This Certificate shall be effective immediately upon filing with
the office of the Secretary of State of the State of Delaware.
IN WITNESS WHEREOF, the undersigned, being the sole initial Trustee of
the Trust, has executed this Certificate of Trust as of the date first written
above.
/s/ Alvin A. Clay III
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Alvin A. Clay III, as Trustee
and not individually
