<PAGE>
SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(A) OF
THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. )
Filed by the Registrant /X/
Filed by a Party other than the Registrant / /
Check the appropriate box:
/ / Preliminary Proxy Statement
/X/ Definitive Proxy Statement
/ / Definitive Additional Materials
/ / Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12
FBL MONEY MARKET FUND, INC. (FILE NOS. 2-70162 AND 811-3121)
- --------------------------------------------------------------------------------
(Name of Registrant as Specified In Its Charter)
BOARD OF DIRECTORS OF REGISTRANT
- --------------------------------------------------------------------------------
(Name of Person(s) Filing Proxy Statement)
Payment of Filing Fee (Check the appropriate box):
/ / $125 per Exchange Act Rules 0-11(c)(1)(ii), 14a-6(i)(1), 14a-6(i)(2) or
Item 22(a)(2).
/ / $500 per each party to the controversy pursuant to Exchange Act Rule
14a-6(i)(3).
/ / Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11.
1) Title of each class of securities to which transaction applies:
------------------------------------------------------------------------
2) Aggregate number of securities to which transaction applies:
------------------------------------------------------------------------
3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11:*
------------------------------------------------------------------------
4) Proposed maximum aggregate value of transaction:
------------------------------------------------------------------------
/ / Check box if any part of the fee is offset as provided by Exchange Act Rule
0-11(a)(2) and identify the filing for which the offsetting fee was paid
previously. Identify the previous filing by registration statement number,
or the Form or Schedule and the date of its filing.
1) Amount Previously Paid:
------------------------------------------------------------------------
2) Form, Schedule or Registration Statement No.:
------------------------------------------------------------------------
3) Filing Party:
------------------------------------------------------------------------
4) Date Filed:
------------------------------------------------------------------------
*Set forth the amount on which the filing fee is calculated and state how it was
determined.
<PAGE>
FBL Money Market Fund, Inc. September 25, 1996
Dear Stockholders,
A meeting of the stockholders of FBL Money Market Fund, Inc. (the "Fund")
will be held on Thursday, November 7, 1996 at 9:30 a.m. CST at 5400 University
Avenue, West Des Moines, Iowa. This meeting has been called to consider and vote
upon the election of directors and the retention of Ernst & Young LLP as
auditors. YOUR DIRECTORS HAVE UNANIMOUSLY APPROVED THE PROPOSALS THAT YOU ARE
BEING ASKED TO VOTE UPON.
Some of you will receive multiple proxies because of your ownership of more
than one account within the Fund. Your vote is important. To ensure that your
vote is counted it is necessary that you:
- Review the attached proposals;
- Complete and sign each proxy card that you receive; and
- Return the proxy card(s) in the enclosed postage-paid envelope as soon as
possible. Multiple proxies may be sent in one envelope.
Your prompt response will save your Fund the expense of additional
solicitations.
Sincerely,
Edward M. Wiederstein
PRESIDENT
<PAGE>
FBL MONEY MARKET FUND, INC.
5400 UNIVERSITY AVENUE
WEST DES MOINES, IOWA 50266
TELEPHONE (515) 225-5586
(800) 247-4170
NOTICE OF FBL MONEY MARKET FUND, INC.
SPECIAL MEETING OF STOCKHOLDERS
NOVEMBER 7, 1996
September 25, 1996
TO THE STOCKHOLDERS OF FBL MONEY MARKET FUND, INC.:
Notice is hereby given that a Special Meeting of Stockholders of FBL Money
Market Fund, Inc. (the "Fund") will be held at 5400 University Avenue, West Des
Moines, Iowa on Thursday, November 7, 1996, at 9:30 a.m., CST, for the following
purposes:
1. To elect nine (9) directors to serve for a term beginning November 7,
1996 to continue until their successors shall have been duly appointed or
elected.
2. To ratify the selection of Ernst & Young LLP as independent auditors for
the fiscal year ending July 31, 1997.
3. To transact such other business as may properly come before the Special
Meeting.
Stockholders of record of the Fund at the close of business on August 30,
1996 are entitled to notice of and to vote at the Special Meeting.
IN ORDER TO AVOID DELAYS AND ADDITIONAL EXPENSE FOR THE FUND, AND TO ASSURE
THAT YOUR SHARES ARE REPRESENTED, IF YOU DO NOT EXPECT TO BE PRESENT IN PERSON
AT THE SPECIAL MEETING, YOU ARE REQUESTED TO FILL IN, SIGN AND MAIL THE ENCLOSED
PROXY AS PROMPTLY AS POSSIBLE. NO POSTAGE IS REQUIRED IF MAILED IN THE UNITED
STATES.
Edward M. Wiederstein
PRESIDENT
<PAGE>
FBL MONEY MARKET FUND, INC.
5400 UNIVERSITY AVENUE
WEST DES MOINES, IOWA 50266
TELEPHONE (515) 225-5586
(800) 247-4170
PROXY STATEMENT
September 25, 1996
GENERAL INFORMATION
This Proxy Statement is furnished in connection with the solicitation by the
Board of Directors of the Fund of proxies to be voted at the Special Meeting of
Stockholders of the Fund to be held on November 7, 1996, and at any and all
adjournments thereof. The cost of preparing, printing and mailing the enclosed
proxy, accompanying notice and proxy statement, and all other costs in
connection with the solicitation of proxies, will be paid by the Fund.
Additional solicitation may be made by letter, telephone or facsimile by
officers or employees of FBL Investment Advisory Services, Inc., the Fund's
Investment Adviser and Distributor, which is located at 5400 University Avenue,
West Des Moines, Iowa 50266 (the "Adviser").
On the matters as to which a choice has been specified by the stockholders
on the proxy, the shares of the Fund will be voted accordingly. If no choice is
specified, the shares of the Fund will be voted FOR the election of the nine
nominees for director as listed in this Proxy Statement and FOR ratification of
the selection of Ernst & Young LLP as the Fund's independent auditors.
Stockholders who give proxies may revoke them at any time before they are voted
by filing with the Fund a written notice of revocation, by delivering a duly
executed proxy bearing a later date, or by attending the Special Meeting and
voting in person.
A quorum of stockholders is required to take action at the Fund's Special
Meeting. A majority of the shares issued and outstanding and entitled to vote at
the Special Meeting, represented in person or by proxy, will constitute a
quorum. Votes cast by proxy or in person will be tabulated by the judges, who
will determine whether a quorum is present at the Special Meeting. The judges
will treat abstentions as present for the purpose of determining a quorum.
For purposes of determining the approval of the matters submitted for a
vote, abstentions will have the same effect as shares voted against approval of
such matters. The details of the two proposals to be voted upon by the
stockholders of the Fund and the vote required for approval of each proposal are
set forth under the description of each proposal below.
As of August 30, 1996, there were issued and outstanding 24,179,865 shares
of common stock of the Fund. Those persons who were stockholders of record at
the close of business on August 30, 1996 will be entitled to one vote for each
share held.
This Proxy Statement is first being mailed to stockholders of the Fund on or
about September 25, 1996.
1. ELECTION OF DIRECTORS
At the Special Meeting, nine (9) directors are to be elected to serve for a
term to commence on the date of this meeting and continue until their successors
shall have been duly appointed or elected. The table below shows the nominees
for election to the Board, all of whom, other than Kenneth Kay, currently serve
as directors of the Fund. The nominees for election to the Board of the Fund are
also nominees for election to the Boards of FBL Series Fund, Inc. and FBL
Variable Insurance Series Fund (the three funds collectively referred to as the
"Farm Bureau Funds"), and all the nominees, other than Kenneth Kay, currently
serve as directors/trustees of the Farm Bureau Funds. The affirmative vote of a
majority of the shares present and entitled to vote will be required to elect
the directors. The Board of Directors approved the nominees at a meeting held on
August 15, 1996.
1
<PAGE>
It is the intention of the persons named in the enclosed proxy to vote the
shares represented thereby for the election of the nominees listed below unless
the proxy is marked otherwise. Each nominee has agreed to serve as a director of
the Fund if elected; however, should any nominee become unwilling or unable to
accept election, the proxies for the Fund will be voted for one or more
substitute nominees designated by the Fund's present Board of Directors.
The following lists each nominee for director and his or her age, principal
occupation and other business affiliations, the year in which each nominee was
first elected or appointed a director of the Fund, and the number of shares of
the Fund that each nominee beneficially owned as of July 31, 1996.
NOMINEES FOR DIRECTOR
<TABLE>
<CAPTION>
YEAR FIRST SHARES OF FUND
BECAME A BENEFICIALLY
NAME AND AGE DIRECTOR PRINCIPAL OCCUPATION OWNED
- ----------------------------------- ---------- --------------------------------------------- --------------
<S> <C> <C> <C>
*Edward M. Wiederstein (48) 1996 Farmer; Chairman, FBL Financial Group, Inc.; 0
President and Director, Iowa Farm Bureau
Federation, Farm Bureau Life Insurance
Company, Universal Assurors Life Insurance
Company, FBL Insurance Brokerage, Inc., Farm
Bureau Mutual Insurance Company, Utah Farm
Bureau Insurance Company, FBL Financial
Services, Inc., BIC, Inc. and Farm Bureau
Agricultural Business Corporation; Director,
Western Farm Bureau Management Corporation,
Western Farm Bureau Life Insurance Company,
Western Agricultural Insurance Company,
American Agricultural Insurance Company and
Multi-Pig Corporation.
*Richard D. Harris (52) 1996 Senior Vice President and 34,673.41
Secretary-Treasurer, FBL Financial Group,
Inc., Western Farm Bureau Life Insurance
Company, Farm Bureau Life Insurance Company,
Universal Assurors Life Insurance Company,
Farm Bureau Mutual Insurance Company, Utah
Farm Bureau Insurance Company, FBL Financial
Services, Inc. and FBL Insurance Brokerage,
Inc.; Executive Director and Secretary-
Treasurer, Iowa Farm Bureau Federation;
Senior Vice President and Assistant
Secretary-Treasurer, South Dakota Farm
Bureau Mutual Insurance Company; Vice
President and Treasurer, Farm Bureau
Management Corporation; Former Director,
Public Policy Division, Iowa Farm Bureau
Federation; Director, Iowa FFA Foundation
and Iowa Make-A-Wish Foundation.
*Stephen M. Morain (50) 1982 General Counsel and Assistant Secretary, Iowa 37,799.14
Farm Bureau Federation; General Counsel,
Secretary and Director, Farm Bureau
Management Corporation; Senior Vice
President and General Counsel, FBL Financial
Group, Inc., Farm Bureau Life Insurance
Company, Universal Assurors Life Insurance
Company, Farm Bureau Mutual Insurance
Company, Utah Farm Bureau Insurance Company,
FBL Financial Services, Inc., FBL Insurance
Brokerage, Inc. and South Dakota Farm Bureau
Mutual Insurance Company; Senior Vice
President, General Counsel and Director, FBL
Investment Advisory Services, Inc. and FBL
Marketing Services, Inc.; Vice President and
General Counsel, Western Farm Bureau Life
Insurance Company; Director, Computer Aided
Design Software, Inc. and Iowa Business
Development Finance Corporation; Chairman,
Edge Technologies, Inc.
</TABLE>
2
<PAGE>
<TABLE>
<CAPTION>
YEAR FIRST SHARES OF FUND
BECAME A BENEFICIALLY
NAME AND AGE DIRECTOR PRINCIPAL OCCUPATION OWNED
- ----------------------------------- ---------- --------------------------------------------- --------------
<S> <C> <C> <C>
Donald G. Bartling (69) 1980 Farmer; Partner, Bartling Brothers 0
Partnership (farming business); Director,
Papio Missouri River Natural Resources
District.
*John R. Graham (51) 1985 Executive Vice President, Kansas Farm Bureau, 846.87
Kansas Farm Bureau Services, Kansas
Agricultural Marketing Association, FB
Services Insurance Agency, Kansas Farm
Bureau Life Insurance Company, The Farm
Bureau Mutual Insurance Company, Inc.,
Kansas Farm Bureau Reinsurance Company, Inc.
and KFB Insurance Company, Inc.; Chairman,
Chief Executive Officer and Director, FB
Capital Management, Inc. of Kansas;
Director, National Association of
Independent Insurers, Didde Corporation, and
Farm Bureau Mutual Insurance Agency of
Kansas; Partner, Arthur-Graham Rental
Properties, CM Brass and G&H Real Estate
Investments; Trustee, Master Teacher
Employee Benefit Pension Trust.
Erwin H. Johnson (53) 1989 Farmer; Owner and Manager, Center View Farms 0
Co.; Director, First Security Bank and Trust
Co., Charles City, Iowa; Farm Associate,
Iowa State University Cooperative Extension
Service; Voting Delegate, former President
and Director, Floyd County Farm Bureau;
Financial and Farm Management Consultant;
Iowa State University Overseas Projects.
Ann Jorgensen (55) 1988 Private Investor; Farm and Business 314.61
Management; Partner, Jorg-Anna Farms;
President and Founder, Farm Home Offices;
Vice President, Timberlane Hogs Limited;
Director, Iowa Department of Economic
Development; Chairperson, Rural Development
Council; Member, Iowa Agriculture Products
Advisory Council; Secretary, Iowa Public
Television Foundation, Iowa Freedom
International Foundation, Friends of the
U.I.H.C.; Former Director and Chairperson,
Iowa's Alcoholic Beverage Control
Commission; Former Regent, State of Iowa
Board of Regents; Former Director, Iowa
Public Television and University of Iowa
Hospitals and Clinics.
Curtis C. Pietz (65) 1986 Farmer; Director and Part Owner, Storden Seed 0
and Chemical Service, Inc.; Director,
Minnesota Rural Finance Authority; Former
Program Evaluator, Minnesota Department of
Vocational Education; Former President,
Jackson County Farm Bureau; Former Chairman
and Director, Southwest Farm Management
Association; Director, F.C.S.
Kenneth Kay (53) Farmer; Salesman, Pioneer Seed Corn; Voting 0
Delegate, Vice President and former
President, Cass County Farm Bureau;
Director, First Whitney Bank and Trust;
Board Member, Transportation Committee
Chairman, Cass Atlantic Development
Corporation.
</TABLE>
- ------------------------------
* "Interested Person" of the Fund as defined in Section 2(a)(19) of the
Investment Company Act of 1940.
3
<PAGE>
THE FUND'S BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS THAT STOCKHOLDERS VOTE
FOR THE ELECTION OF THE NOMINEES FOR DIRECTOR.
The directors affiliated with the Adviser serve without any compensation
from the Fund. Each director who is not affiliated with the Adviser receives a
fee of $115 plus expenses for each directors' meeting attended.
The table below shows, for each director who is not affiliated with the
Adviser, the aggregate compensation paid by the Fund for its fiscal year ended
July 31, 1996. The second column of the table shows the total compensation
received by the directors for calendar year 1995 for services as a director of
the Fund and the other Farm Bureau Funds (FBL Series Fund, Inc. and FBL Variable
Insurance Series Fund).
<TABLE>
<CAPTION>
TOTAL
COMPENSATION
AGGREGATE FROM ALL FARM
COMPENSATION BUREAU
NAME OF DIRECTOR FROM THE FUND FUNDS(1)
- ----------------------------------------------------- --------------- -------------
<S> <C> <C>
Donald G. Bartling................................... $ 460 $ 1,380
John R. Graham....................................... $ 460 $ 1,380
Erwin H. Johnson..................................... $ 345 $ 1,380
Ann Jorgensen........................................ $ 460 $ 1,380
Dale W. Nelson....................................... $ 460 $ 1,380
Curtis C. Pietz...................................... $ 460 $ 1,380
</TABLE>
- ------------------------------
(1) Directors do not receive pension or retirement benefits from the Funds.
The Fund's Board of Directors has an audit committee and a nominating
committee, both of which are composed of the Directors who are not "interested
persons." The audit committee of the Fund held two meetings during the fiscal
year ended July 31, 1996. The nominating committee, at a meeting held on August
15, 1996, proposed the nominees for election by the stockholders; and the Board
of Directors, including the non-interested directors, concurred. Stockholders
wishing to submit the name of a candidate for consideration by the Committee
should submit their recommendations to the Secretary of the Fund.
The Fund's Board of Directors held four meetings during the fiscal year
ended July 31, 1996. During the last fiscal year, each director attended 75% or
more of the Fund's Board meetings, and the committee meetings if a member
thereof, except that Mr. Johnson attended one of the two audit committee
meetings held.
The following table sets forth information as of August 15, 1996 with
respect to each executive officer of the Fund, other than executive officers who
are nominees for director and listed above. Officers of the Fund receive no
compensation from the Fund. The officers of the Fund hold office until their
successors are chosen and qualified. The Fund's officers are elected, generally
on an annual basis, by the Board of Directors.
On August 15, 1996 directors and executive officers of the Fund as a group
beneficially owned 120,375.44 shares of common stock of the Fund. As of July 31,
1996, no person is known to the Fund to have owned beneficially more than five
percent of the shares of the Fund except that FBL Real Estate Ventures, Inc.,
5400 University Avenue, West Des Moines, Iowa 50266 owned 1,532,797.52 shares
(6.23%) of the outstanding common stock of the Fund.
4
<PAGE>
<TABLE>
<CAPTION>
YEAR
POSITIONS AND OFFICES FIRST
NAME AGE WITH FUND ELECTED PRINCIPAL OCCUPATION
- ----------------------- ----------- ---------------------------- --------- -------------------------------------------
<S> <C> <C> <C> <C>
Thomas R. Gibson 52 Executive Vice President and 1987 Executive Vice President, General Manager
General Manager and Chief Executive Officer, FBL Financial
Group, Inc.; Executive Vice President and
General Manager, Farm Bureau Life
Insurance Company, Universal Assurors Life
Insurance Company, Western Farm Bureau
Life Insurance Company, Farm Bureau Mutual
Insurance Company, Utah Farm Bureau
Insurance Company, FBL Insurance
Brokerage, Inc., FBL Financial Services,
Inc., and South Dakota Farm Bureau Mutual
Insurance Company; Executive Vice
President, General Manager and Director,
FBL Investment Advisory Services, Inc. and
FBL Marketing Services, Inc.
Timothy J. Hoffman 46 Vice President, Chief 1987 Vice President, Chief Marketing Officer,
Marketing Officer FBL Financial Group, Inc., Farm Bureau
Life Insurance Company, Universal Assurors
Life Insurance Company, Western Farm
Bureau Life Insurance Company, Farm Bureau
Mutual Insurance Company, Utah Farm Bureau
Insurance Company, FBL Financial Services,
Inc., South Dakota Farm Bureau Mutual
Insurance Company and FBL Insurance
Brokerage, Inc.; President and Director,
FBL Marketing Services, Inc. and FBL
Educational Services, Inc.; Vice
President, Chief Marketing Officer and
Director, FBL Investment Advisory
Services, Inc.
William J. Oddy 52 Vice President, Chief 1981 Vice President, Chief Operating Officer and
Operating Officer and Assistant General Manager, FBL Financial
Assistant General Manager Group, Inc., Farm Bureau Life Insurance
Company, Universal Assurors Life Insurance
Company, Western Farm Bureau Life
Insurance Company, FBL Insurance
Brokerage, Inc., Utah Farm Bureau
Insurance Company, Farm Bureau Mutual
Insurance Company, South Dakota Farm
Bureau Mutual Insurance Company and FBL
Financial Services, Inc.; President,
Treasurer and Director, Communications
Providers, Inc.; Vice President, Chief
Operating Officer, Assistant General
Manager and Director, FBL Investment
Advisory Services, Inc. and FBL Marketing
Services, Inc.; President and Director,
FBL Real Estate Ventures, Ltd. and RIK,
Inc.
Richard D. Warming 63 Vice President, Chief 1987 Vice President, Chief Investment Officer
Investment Officer and Assistant Treasurer, FBL Financial
Group, Inc., Farm Bureau Life Insurance
Company, Universal Assurors Life Insurance
Company, Western Farm Bureau Life
Insurance Company, FBL Insurance
Brokerage, Inc., Utah Farm Bureau
Insurance Company, FBL Financial Services,
Inc., Farm Bureau Mutual Insurance Company
and South
</TABLE>
5
<PAGE>
<TABLE>
<CAPTION>
YEAR
POSITIONS AND OFFICES FIRST
NAME AGE WITH FUND ELECTED PRINCIPAL OCCUPATION
- ----------------------- ----------- ---------------------------- --------- -------------------------------------------
<S> <C> <C> <C> <C>
Dakota Farm Bureau Mutual Insurance
Company; President and Director, FBL
Leasing Services, Inc. and FBL Investment
Advisory Services, Inc.; Vice President,
Chief Investment Officer and Director, FBL
Marketing Services, Inc.; Vice President,
Secretary and Director, RIK, Inc;
Secretary and Director, FBL Real Estate
Ventures, Ltd.
James W. Noyce 40 Vice President, Chief 1996 Vice President, Chief Financial Officer,
Financial Officer FBL Financial Group, Inc., Farm Bureau
Life Insurance Company, Universal Assurors
Life Insurance Company, Western Farm
Bureau Life Insurance Company, Farm Bureau
Mutual Insurance Company, Utah Farm Bureau
Insurance Company, FBL Insurance
Brokerage, Inc., FBL Financial Services,
Inc. and South Dakota Farm Bureau Mutual
Insurance Company; Vice President,
Treasurer and Director; FBL Leasing
Services, Inc. and RIK, Inc.; Vice
President, Chief Financial Officer,
Treasurer and Director, FBL Investment
Advisory Services, Inc. and FBL Marketing
Services, Inc.; Treasurer and Director,
FBL Real Estate Ventures, Ltd.
Dennis M. Marker 45 Investment Vice President, 1982 Investment Vice President, Administration,
Administration and FBL Financial Group, Inc., Farm Bureau
Assistant Secretary Life Insurance Company, Universal Assurors
Life Insurance Company, Western Farm
Bureau Life Insurance Company, FBL
Insurance Brokerage, Inc., Farm Bureau
Mutual Insurance Company, Utah Farm Bureau
Insurance Company and South Dakota Farm
Bureau Mutual Insurance Company; Vice
President and Director, FBL Leasing
Services, Inc.; Investment Vice President,
Administration, Secretary and Director,
FBL Investment Advisory Services, Inc. and
FBL Marketing Services, Inc.
Sue A. Cornick 35 Market Conduct and Mutual 1990 Market Conduct and Mutual Funds Vice
Funds Vice President and President and Assistant Secretary, FBL
Assistant Secretary Investment Advisory Services, Inc. and FBL
Marketing Services, Inc.
Kristi Rojohn 33 Assistant Secretary 1990 Senior Compliance Assistant and Assistant
Secretary, FBL Investment Advisory
Services, Inc. and FBL Marketing Services,
Inc.
Elaine A. Followwill 26 Assistant Secretary 1995 Compliance Assistant and Assistant
Secretary, FBL Investment Advisory
Services, Inc. and FBL Marketing Services,
Inc.
</TABLE>
2. SELECTION OF INDEPENDENT AUDITORS
The members of the Fund's Board of Directors who are not "interested
persons" of the Fund have unanimously selected Ernst & Young LLP, independent
public accountants, as independent auditors, to audit the books and records of
the Fund for the fiscal year ending July 31, 1997. Ernst & Young LLP
6
<PAGE>
has served the Fund in this capacity since 1987 and has no direct or indirect
financial interest in the Fund except as independent auditors. The selection of
Ernst & Young LLP as independent auditors of the Fund is being submitted to the
stockholders for ratification, which requires the affirmative vote of a majority
of the shares of the Fund present and entitled to vote on the matter. A
representative of Ernst & Young LLP is expected to be present at the Special
Meeting and will be available to respond to any appropriate questions and to
make a statement if he or she wishes.
THE FUND'S BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS THAT STOCKHOLDERS VOTE
FOR THE RATIFICATION OF THE SELECTION OF INDEPENDENT AUDITORS.
STOCKHOLDER PROPOSALS
Since the Fund does not hold regular meetings of its stockholders, the date
of the next special stockholder meeting cannot be anticipated. Any stockholder
who wishes to submit a proposal for consideration at the next meeting of
stockholders, when and if it is called, should submit such proposal to the Fund.
GENERAL
Management does not intend to present and does not have reason to believe
that any other items of business will be presented at the Fund's Special
Meeting. However, if other matters are properly presented to the Special Meeting
for a vote, the proxies will be voted upon such matters in accordance with the
judgment of the person acting under the proxies.
Failure of a quorum to be present at the Special Meeting will necessitate
adjournment and will subject the Fund to additional expense. The persons named
in the enclosed proxy may also move for an adjournment of the Special Meeting to
permit further solicitation of proxies with respect to any of the proposals if
they determine that adjournment and further solicitation is reasonable and in
the best interests of the stockholders.
IF YOU CANNOT BE PRESENT IN PERSON, YOU ARE REQUESTED TO FILL IN, SIGN AND
RETURN THE ENCLOSED PROXY PROMPTLY. NO POSTAGE IS REQUIRED IF MAILED IN THE
UNITED STATES.
Edward M. Wiederstein
PRESIDENT
7
<PAGE>
(This page has been left blank intentionally.)
<PAGE>
THIS PROXY IS SOLICITED BY AND ON BEHALF OF THE BOARD OF DIRECTORS OF
FBL MONEY MARKET FUND, INC.
PROXY FOR THE SPECIAL MEETING OF STOCKHOLDERS, NOVEMBER 7, 1996
The undersigned hereby appoints Edward M. Wiederstein, Richard D. Harris and
Stephen M. Morain, and each of them, proxies with several powers of
substitution, to vote for the undersigned at the 1996 Special Meeting of
Shareholders of FBL MONEY MARKET FUND, INC., to be held on November 7, 1996,
notice of which meeting and the Proxy Statement accompanying the same have
been received by the undersigned, or at any adjournment thereof, upon the
following matters as described in the Notice of Meeting and accompanying
Proxy Statement.
WHEN PROPERLY EXECUTED, THIS PROXY WILL BE VOTED IN THE MANNER DIRECTED
HEREIN BY THE UNDERSIGNED STOCKHOLDER. ALL PROPOSALS (SET FORTH ON THE
REVERSE SIDE OF THIS PROXY CARD) HAVE BEEN PROPOSED BY THE BOARD OF
DIRECTORS. IF NO DIRECTION IS GIVEN ON THESE PROPOSALS, THIS PROXY CARD WILL
BE VOTED "FOR" THE NOMINEES AND "FOR" ITEM 2. THE PROXY WILL BE VOTED IN
ACCORDANCE WITH THE HOLDER'S BEST JUDGMENT AS TO ANY OTHER MATTER.
PLEASE VOTE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN ENCLOSED ENVELOPE.
Please sign this proxy exactly as your name appears on the reverse side of
this card. Joint owners should each sign personally. Trustees and other
fiduciaries should indicate the capacity in which they sign, and where more
than one name appears, a majority must sign. If a corporation, this
signature should be that of an authorized officer who should state his or her
title.
<PAGE>
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
For Withhold For All Except
1.) Election of Directors. / / / / / /
EDWARD M. WIEDERSTEIN, RICHARD D. HARRIS,
STEPHEN M. MORAIN, DONALD G. BARTLING, JOHN R. GRAHAM,
ERWIN H. JOHNSON, ANN JORGENSEN, CURTIS C. PIETZ
AND KENNETH KAY
If you do not wish your shares voted for a particular nominee, mark the "For
All Except" box and strike a line through the nominee's name.
For Against Abstain
2.) Ratification of selection of auditors. / / / / / /
RECORD DATE SHARES:
FBL MONEY MARKET FUND, INC.
Please be sure to sign and date this Proxy.
Date
________________________________
______________________________________________________________________________
Stockholder sign here Co-owner sign here
- -------------------------------------------------------------------------------
DETACH CARD DETACH CARD
