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EXHIBIT (l)
November 28, 2000
LMCG Funds
In connection with your sale to me today of 10,000 shares of beneficial
interest of LMCG Technology Fund and one share of beneficial interest of each of
LMCG Small Cap Growth Fund, LMCG Mid Cap Growth Fund and LMCG Small Cap
Tax-Sensitive Fund (the "Shares" of the "Funds"), for cash at a price of $10.00
per share and an aggregate purchase price of $100,030.00, I understand that: (i)
the Shares have not been registered under the Securities Act of 1933, as amended
(the "Act"); (ii) your sale of the Shares to me is in reliance on the sale's
being exempt under Section 4(2) of the Act as not involving any public offering;
and (iii) in part, your reliance on such exemption is predicated on my
representation, which I hereby confirm, that I am acquiring the Shares for
investment and for my own account as the sole beneficial owner hereof, and not
with a view to or in connection with any resale or distribution of any or all of
the Shares or of any interest therein. I hereby agree that I will not sell,
assign or transfer the Shares or any interest therein except upon repurchase or
redemption by the relevant Fund unless and until the Shares have been registered
under the Act, or you have received an opinion of your counsel indicating to
your satisfaction that such sale, assignment or transfer will not violate the
provisions of the Act or any rules and regulations promulgated thereunder.
This letter is intended to take effect as an instrument under seal,
shall be construed under the laws of Massachusetts, and is delivered at Boston,
Massachusetts, as of the date written above.
Very truly yours,
/s/ Lee P. Munder
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Lee Munder
