MERCANTILE MUTUAL FUNDS, INC.
615 East Michigan St
Milwaukee, Wisconsin 53201
December 22, 2000
MANAGEMENT STATEMENT REGARDING COMPLIANCE WITH CERTAIN PROVISIONS OF THE
INVESTMENT COMPANY ACT OF 1940
We, as members of management of the Mercantile Mutual Funds, Inc. (the Funds),
are responsible for complying with the requirements of subsections (b) and (c)
of Rule 17f-2, "Custody of Investments by Registered Investment Companies," of
the Investment Company Act of 1940. We are also responsible for establishing and
maintaining effective internal controls over compliance with Rule 17f-2
requirements. We have performed an evaluation of the Funds' compliance with the
requirements of subsections (b) and (c) of Rule 17f-2 as of September 30, 2000.
Based on this evaluation, we assert that the Funds were in compliance with the
requirements of subsections (b) and (c) of Rule 17f-2 of the Investment Company
Act of 1940 as of September 30, 2000 and for the period from July 31, 2000
through September 30, 2000, with respect to securities reflected in the
investment accounts of the Funds.
Sincerely,
/s/Joseph C. Neuberger
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Joseph C. Neuberger
Vice President and Assistant Treasurer
Mercantile Mutual Funds, Inc.
