<PAGE>
SCHEDULE 14A
(Rule 14a-101)
INFORMATION REQUIRED IN PROXY STATEMENT
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:
/x/ Preliminary Proxy Statement /-/ Confidential, For Use of the
Commission Only (as permitted by
Rule 14a-6(e)(2))
/-/ Definitive Proxy Statement
/-/ Definitive Additional Materials
/-/ Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12
MUTUAL FUND INVESTMENT TRUST
- ----------------------------------------------------------------------------
(Name of Registrant as Specified in Its Charter)
- ----------------------------------------------------------------------------
(Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)
Payment of Filing Fee (Check the appropriate box):
/x/ No fee required.
/-/ Fee computed on table below per Exchange Act Rules 14a-6(i)(1) 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 (set forth the amount on which the filing
fee is calculated and state how it was determined):
- ----------------------------------------------------------------------------
(4) Proposed maximum aggregate value of transaction:
- ----------------------------------------------------------------------------
(5) Total fee paid:
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<PAGE>
- ----------------------------------------------------------------------------
/-/ Fee paid previously with preliminary materials:
- ----------------------------------------------------------------------------
/-/ 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 off-setting 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:
- ----------------------------------------------------------------------------
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<PAGE>
Mutual Fund Investment Trust
1211 Avenue of the Americas
41st Floor
New York, New York 10036
Dear Shareholder:
A special meeting of the Money Market, Income, Intermediate Term Bond, Equity
Growth, Equity Income, Balanced, Short-Intermediate Term U.S. Government
Securities, U.S. Government Securities, Small Capitalization and Core Equity
Funds (the "Funds") of Mutual Fund Investment Trust will be held to determine
important issues affecting your investment, beginning at 11:00 a.m. on
Tuesday, February 15, 2000, at 1211 Avenue of the Americas, 41st Floor, New
York, New York. You will receive a separate proxy card for each Fund you own.
I urge you to return the enclosed proxy card(s) to register your vote.
At the meeting, a number of important proposals will be considered.
The cost and expenses associated with the proposals, including costs of
soliciting proxies, will be borne by Chase and not by the Funds (or
Shareholders in the Funds).
The proposals have been carefully reviewed by the Board of Trustees of Mutual
Fund Investment Trust, which has approved the proposals. Please read the
enclosed materials carefully. Your vote is important! Accordingly, please
sign, date and mail the proxy card(s) promptly in the enclosed return
envelope.
If you have any questions on voting of proxies and/or the meeting agenda,
please call us at 1-800-________.
Thank you for your attention to these matters and we look forward to our
continued partnership and success.
Sarah E. Jones
Chairman, Mutual Fund Investment Trust
SPECIAL NOTE: You may receive a telephone call from us to answer any
questions you may have or to provide assistance in voting. Remember, your
vote is important! Please sign, date and promptly mail your proxy card(s) in
the return envelope provided.
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<PAGE>
MUTUAL FUND INVESTMENT TRUST
1211 Avenue of the Americas
41st Floor
New York, New York 10036
NOTICE OF SPECIAL MEETING OF SHAREHOLDERS
To Be Held February 15, 2000
A Special Meeting of Shareholders (the "Meeting") of Mutual Fund
Investment Trust will be held at 1211 Avenue of the Americas, New York, New
York at 11:00 a.m., local time on February 15, 2000, for the following
purposes:
1. To approve the election of fourteen Trustees of Mutual Fund
Investment Trust until their successors are elected and qualified.
2. To transact such other business as may properly come before
the Meeting or any adjournment thereof.
Shareholders of record of Mutual Fund Investment Trust at the close of
business on December 6, 1999 will be entitled to notice of and to vote at the
Meeting or any adjournment thereof. Each Shareholder is requested to sign,
date and return the enclosed proxy card(s) without delay, even if the
Shareholder will be in attendance at the Meeting. A postage-paid envelope is
enclosed for this purpose. Prompt return of the enclosed proxy by
Shareholders may save the necessity and expense of further solicitation to
ensure a quorum at the Meeting. Any Shareholder present at the Meeting may
vote personally on all matters brought before the Meeting and in that event
such Shareholder's proxy will not be used.
By Order of the Board of Trustees
Richard Baxt
Secretary
December , 1999
--
YOUR VOTE IS IMPORTANT REGARDLESS OF HOW
MANY SHARES YOU OWNED ON THE RECORD DATE.
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<PAGE>
MUTUAL FUND INVESTMENT TRUST
1211 Avenue of the Americas
41st Floor
New York, New York 10036
PROXY STATEMENT
INTRODUCTION
This Proxy Statement (the "Proxy Statement") is furnished in connection
with the solicitation of proxies by the Board of Trustees of Mutual Fund
Investment Trust for use at a Special Meeting of Shareholders to be held on
February 15, 2000 at 11:00 a.m. local time at 1211 Avenue of the Americas,
New York, New York and any adjournment thereof, for the purposes set forth in
the Notice of Special Meeting of Shareholders. Mutual Fund Investment
Trust's telephone number is 1-800-________. This Proxy Statement and the
enclosed form of proxy (the "Proxy") were first mailed to Shareholders
entitled to vote at the Meeting on or about December __, 1999.
The Meeting has been called for the principal purpose of electing
fourteen Trustees of Mutual Fund Investment Trust. See Proposal 1.
Mutual Fund Investment Trust will furnish, without charge, a copy of its
most recent Annual Report and its most recent Semi-Annual Report succeeding
such Annual Report, to any Shareholder upon request. Requests should be
directed to the Secretary of Mutual Fund Investment Trust in writing at its
address above or by calling 1-800-________.
Chase and not Mutual Fund Investment Trust or its Shareholders will bear
the cost of the solicitation of proxies, including the cost of printing,
preparing, assembling and mailing the Notice of Meeting, Proxy Statement and
form of Proxy. In addition to solicitations by mail, proxies may also be
solicited by officers and regular employees of Chase by personal interview,
by telephone or by telegraph without additional remuneration therefor.
Professional solicitors may also be retained.
SHARES AND VOTING
The presence in person or by proxy of Shareholders that own a majority
of the outstanding shares of Mutual Fund Investment Trust (the "Shares") will
constitute a quorum for purposes of transacting business at the Meeting.
Similarly, where a vote is required to be taken with respect to each of one
or more Funds, the presence in person or by proxy of a majority of the Shares
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<PAGE>
of the particular Fund or Funds at the Meeting will constitute a quorum with
respect to such Fund. If a quorum is not present at the Meeting, sufficient
votes in favor of the proposals set forth in the Notice of Meeting are not
received by the time scheduled for the Meeting, or the holders of Shares
present, in person or by proxy, determine to adjourn the Meeting for any
other reason, the Shareholders present (in person or by proxy) may adjourn
the Meeting from time to time, without notice other than announcement at the
Meeting. Any such adjournment will require the affirmative vote of
Shareholders holding a majority of the Shares present, in person or by proxy,
at the Meeting. The persons named in the Proxy will vote in favor of such
adjournment those Shares of Mutual Fund Investment Trust which they are
entitled to vote if such adjournment is necessary to obtain a quorum or if
they determine such an adjournment is desirable for any other reason.
Business may be conducted once a quorum is present and may continue until
adjournment of the Meeting notwithstanding the withdrawal or temporary
absence of sufficient Shares to reduce the number present to less than a
quorum.
Each Shareholder is entitled to one vote for each full Share and a
fractional vote for each fractional Share outstanding on the books of Mutual
Fund Investment Trust in the name of such Shareholder or its nominee on the
record date. The record date and time for determining those Shareholders
entitled to notice of and to vote at the Meeting has been fixed at the close
of business on December 6, 1999. At December 6, 1999, the Money Market Fund
had outstanding _____________ Shares, the Income Fund had outstanding
______________ Shares, the Intermediate Term Bond Fund had outstanding
______________ Shares, the Equity Growth Fund had outstanding ______________
Shares, the Equity Income Fund had outstanding ______________ Shares, the
Balanced Fund had outstanding ______________ Shares, the Short-Intermediate
Term U.S. Government Securities Fund had outstanding ______________ Shares,
the U.S. Government Securities Fund had outstanding ______________ Shares,
the Small Capitalization Fund had outstanding ______________ Shares and the
Core Equity Fund had outstanding ______________ Shares. At December 6, 1999,
no person owned of record and, to the best knowledge of Mutual Fund
Investment Trust, no person owned beneficially, as much as 5% of the
outstanding Shares of any Fund, and, as a group, the officers and Trustees of
Mutual Fund Investment Trust beneficially owned less than 1% of the
outstanding Shares of each Fund.
All Shares represented by each properly signed Proxy received prior to
the Meeting will be voted at the Meeting. If a Shareholder specifies how the
Proxy is to be voted on any of the business to come before the Meeting, it
will be voted in accordance with such specifications. If a Shareholder
returns its proxy but no direction is made on the Proxy, the Proxy will be
voted FOR each of the proposals described in this Proxy Statement.
Shareholders voting to ABSTAIN on a proposal will be treated as present for
purposes of achieving a quorum and in determining the votes cast on the
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<PAGE>
proposal, but not as having voted FOR the proposal. A properly signed proxy
on which a broker has indicated that it has no authority to vote on a
proposal on behalf of the beneficial owner (a "broker non-vote") will be
treated as present for purposes of achieving a quorum but will not be counted
in determining the votes cast on the proposal.
A Proxy may be revoked by a Shareholder at any time prior to its use by
written notice to Mutual Fund Investment Trust, by submission of a later
dated Proxy or by voting in person at the Meeting. If any other matters come
before the Meeting, Proxies will be voted by the persons named as proxies in
accordance with their best judgment.
The Core Equity Fund and Equity Growth Fund (collectively, the "Feeder
Funds"), unlike many other investment companies which directly acquire and
manage their own portfolio of securities, seek to achieve their investment
objectives by investing all of their investable assets in respectively, Core
Equity Portfolio and Equity Growth Portfolio, which are each series of Mutual
Fund Master Investment Trust, an open-end management company managed by
Chase, with investment objectives that are identical to those of the
respective Feeder Fund (collectively, the "Master Portfolios"). In addition,
other entities may invest in each master Portfolio. Whenever Mutual Fund
Investment Trust is requested to vote on matters pertaining to a Master
Portfolio, Mutual Fund Investment Trust will hold a meeting of the
corresponding Feeder Fund's shareholders and will cast its vote as instructed
by Feeder Fund shareholders. At this time, each of the Feeder Funds'
shareholders are being asked to cast their votes on each proposal with
respect to such Feeder Fund and to its respective Master Portfolio.
Shareholders of each Fund will vote in the aggregate with respect to
Proposal 1.
BACKGROUND OF THE PROPOSALS
Mutual Fund Investment Trust is a business trust organized under
Massachusetts law and is registered with the Securities and Exchange
Commission as an open-end investment company.
The Chase Manhattan Bank ("Chase") serves as investment adviser and
administrator for each of the Funds. CFD Fund Distributors, Inc. ("CFD")
serves as distributor of the Funds' shares.
1. ELECTION OF TRUSTEES
At the Meeting, Shareholders are being asked to elect fourteen Trustees
of Mutual Fund Investment Trust to hold office until their successors shall
be elected and have qualified. All fourteen of the nominees currently serve
as trustees of several other open-end investment companies which are advised
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<PAGE>
by Chase. Three of the nominees currently serve as trustees of Mutual Fund
Investment Trust. The election of the nominees would simplify the board
structure for the various domestic registered mutual funds advised by Chase
by creating a unitary board for all such funds. It is expected that this
simplification will result in the Funds' realizing greater efficiencies.
It is intended that the proxies will be voted for the authorization to
elect the nominees named below, each of whom has consented to be named and
have indicated their intent to serve if elected. If any nominee will be
unavailable for any reason, the proxy holders named in the form of Proxy are
expected to consult with the Board of Trustees of Mutual Fund Investment
Trust in determining how to vote the shares represented by them.
Set forth below as to each nominee for election is his or her name, age,
principal occupation during the past five years and other directorships held
in public companies. No nominee owns any Shares of the Funds.
Shares
Owned
Benefici-
ally and
Name and Principal Occupation Per Cent of
Position Age and Other Information Class
-------- ---- --------------------- -----------
William J. 58 Trustee, Mutual Fund -0-
Armstrong Group, Mutual Fund
Trust, Mutual Fund
Select Group, Mutual
Fund Select Trust,
Mutual Fund Variable
Annuity Trust,
Capital Growth
Portfolio, Growth and
Income Portfolio and
International Equity
Portfolio
(collectively, the
"Chase Vista Funds").
Vice President and
Treasurer, Ingersoll-
Rand Company.
John R.H. 70 Trustee, the Chase -0-
Blum Vista Funds. Attorney
in private practice;
formerly, partner in
the law firm of
Richards, O'Neil &
Allegaert; Commission
of Agriculture -
State of Connecticut,
1992-1995.
-4-
<PAGE>
Stuart W. 66 Trustee, the Chase -0-
Cragin, Vista Funds. Retired;
Jr. formerly President,
Fairfield Testing
Laboratory, Inc. He
has previously served
in a variety of
marketing,
manufacturing and
general management
positions with Union
Camp Corp., Trinity
Paper & Plastics
Corp., and Conover
Industries.
Roland R. 67 Trustee, the Chase -0-
Eppley, Vista Funds. Retired;
Jr. formerly President
and Chief Executive
Officer, Eastern
States Bankcard
Association Inc.
(1971-1988);
Director, Janel
Hydraulics, Inc.;
formerly Director of
The Hanover Funds,
Inc.
Joseph J. 68 Trustee, the Chase -0-
Harkins Vista Funds. Retired;
Commercial Sector
Executive Vice
President of The
Chase Manhattan Bank,
N.A. from 1985
through 1989. He has
been employed by
Chase in numerous
capacities and
offices since 1954.
Director of Blessings
Corporation,
Jefferson Insurance
Company of New York,
Monticello Insurance
Company and National.
-5-
<PAGE>
W.D. 72 Trustee, the Chase -0-
MacCallan Vista Funds. Director
of The Adams Express
Co. and Petroleum &
Resources Corp.;
formerly Chairman of
the Board and Chief
Executive Officer of
The Adams Express Co.
and Petroleum &
Resources Corp.;
formerly Director of
The Hanover Funds,
Inc. and The Hanover
Investment Funds,
Inc.
W. Perry 72 Trustee, the Chase -0-
Neff Vista Funds.
Independent Financial
Consultant; Director
of North America Life
Assurance Co.,
Petroleum & Resources
Corp. and The Adams
Express Co.; formerly
Director and Chairman
of The Hanover Funds,
Inc.; formerly
Director, Chairman
and President of The
Hanover Investment
Funds, Inc.
<F1>Leonard 64 Trustee, the Chase -0-
M. Vista Funds. Chief
Spalding, Executive Officer of
Jr. Chase Mutual Funds
Corp.; formerly
President and Chief
Executive Officer of
Vista Capital
Management and
formerly Chief
Investment Executive
of the Chase
Manhattan Private
Bank.
-6-
<PAGE>
Richard E. 65 Trustee and Chairman -0-
Ten Haken of the Audit
Committee, the Chase
Vista Funds. Formerly
District
Superintendent of
Schools, Monroe No. 2
and Orleans Counties,
New York; Chairman of
the Board and
President, New York
State Teachers'
Retirement System.
Irving L. 68 Trustee, the Chase -0-
Thode Vista Funds. Retired;
formerly Vice
President of Quotron
Systems. He has
previously served in
a number of executive
positions with
Control Data Corp.,
including President
of its Latin American
Operations, and
General Manager of
its Data Services
business.
<F1>H. 63 Trustee and President -0-
Richard of the Chase Vista
Vartabedian Funds. Investment
Management
Consultant; formerly,
Senior Investment
Officer, Division
Executive of the
Investment Management
Division of The Chase
Manhattan Bank, N.A.,
1980 through 1991.
[FN]
Asterisks indicate those nominees that are "interested persons" (as
defined in the 1940 Act).
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<PAGE>
Set forth below are the current members of the Board of
Trustees of Mutual Fund Investment Trust. At the Meeting, Shareholders are
being asked to re-elect Ms. Jones, Mr. McDavid and Mr. Reid to continue to be
Trustees of Mutual Fund Investment Trust to hold office until their
successors shall be elected and have qualified. Messrs. Liddell, Otto and
Tyson will not continue to be Trustees of Mutual Fund Investment Trust.
Principal Shares Owned
Occupation Beneficially
Name and and Other and Per Cent
Position Age Information of Class
-------- --- ----------- ----------
Sarah E. 47 President and Chief See Note <F2>
Jones<F1> Operating Officer
of Chase Mutual
Funds Corp.;
formerly Managing
Director for the
Global Asset
Management and
Private Banking
Division of The
Chase Manhattan
Bank. Trustee, the
Chase Vista Funds.
Frank A. 71 Retired; Of See Note <F2>
Liddell, Counsel, Liddell,
Jr. Sapp, Zivley, Hill
& LaBoon. Member
of AVESTA Trust
Supervisory
Committee from
inception to 1997.
George E. 69 President, Houston See Note <F2>
McDavid Chronicle
Publishing Company.
Member of AVESTA
Trust Supervisory
Committee from
inception to 1997.
Kenneth 69 Retired; formerly, See Note <F2>
L. Otto Senior Vice
President, Tenneco
Inc. Member of
AVESTA Trust
Supervisory
Committee from
inception to 1997.
-8-
<PAGE>
Fergus 67 Chairman and Chief See Note <F2>
Reid, III Executive Officer,
Lumelite
Corporation since
September 1985.
Chairman and
Trustee, the Chase
Vista Funds.
Trustee, Morgan
Stanley Funds.
H. 61 Retired; formerly See Note <F2>
Michael Executive Vice
Tyson President, Chase
Bank of Texas from
19__ to 1995.
Member of AVESTA
Trust Supervisory
Committee from 1988
to 1997.
[FN]
<F1> Asterisks indicate those Trustees that are "interested persons" (as
defined in the 1940 Act).
<F2> The Trustees and officers of Mutual Fund Investment Trust as a group
owned less than 1% of each Fund's Shares, all of which were acquired for
investment purposes.
The Board of Trustees of Mutual Fund Investment Trust has standing
audit and nominating committees. Each of these committees is currently
composed of Messrs. Liddell, McDavid, Otto, Reid and Tyson. During the
fiscal year ended December 31, 1998, the Board of Trustees met four times.
Each member of the Board of Trustees attended at least 75% of the aggregate
number of meetings of the Board of Trustees. Ms. Jones and Mr. Reid also
served as trustees of the Chase Vista Funds, for which Chase served as
investment adviser.
Set forth below is information regarding compensation paid or accrued
during the fiscal year ended December 31, 1998 for each member of the Board
of Trustees of Mutual Fund Investment Trust:
Total Compensation
from Mutual Fund
Investment Trust
---------------------
Frank A. Liddell, Jr., Trustee $ 7,000
George E. McDavid, Trustee 7,000
Kenneth L. Otto, Trustee 7,000
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<PAGE>
Fergus Reid, III, Trustee 7,000
H. Michael Tyson, Trustee 7,000
Set forth below as to each executive officer of Mutual Fund
Investment Trust is his or her name, position with Mutual Fund Investment
Trust, principal occupation during the past five years, other directorships
held in public companies and the number of shares of beneficial interest
owned by him or her.
Principal Shares Owned
Occupation Beneficially
Name and and Other and Per Cent
Position Age Information of Class
-------- --- ----------- ------------
Martin R. 33 Associate -0-
Dean, Director,
Treasurer Accounting
and Services, BISYS
Assistant Fund Services;
Secretary formerly Senior
Manager, KPMG
Peat Marwick
(1987-1994).
Richard 45 Senior Vice -0-
Baxt, President,
Secretary Client Services,
BISYS Fund
Services;
formerly General
Manager of
Investment and
Insurance, First
Fidelity Bank,
President of
First Fidelity
Brokers and
President of
Citicorp
Investment
Services.
-10-
<PAGE>
All -0-
Trustees,
nominees
and
officers
as a
group (19
persons)
TRANSACTIONS WITH AND REMUNERATION OF TRUSTEES AND OFFICERS
No compensation, direct or otherwise, other than through fees paid to
Chase or CFD, will be payable by Mutual Fund Investment Trust to any of its
officers or Trustees who are affiliated with Chase or CFD (or any of their
respective affiliates). Those Trustees who are not affiliated with Chase or
CFD (or any of their respective affiliates) will be paid an annual fee plus a
fee for each meeting of the Board of Trustees or any committee thereof that
such Trustee attends, together with reimbursement for reasonable expenses
incurred in attending such meetings.
CFD, or an affiliate thereof, currently pays the compensation and
expenses of Mutual Fund Investment Trust's officers. All of Mutual Fund
Investment Trust's officers are officers of CFD or of an affiliate of CFD and
thus may be deemed to share indirectly in the fees paid to CFD.
Chase and its affiliates have had, and expect in the future to have,
banking and other business transactions in the ordinary course of business
with corporations of which those Trustees who are not "interested persons" of
Chase are directors or officers. Any such transactions are made on
substantially the same terms as those prevailing at the time for comparable
transactions with other persons, including, where applicable, interest rates,
collateral, fees and other charges, and do not involve more than the normal
risk of collectability (in the case of loans) or present other unfavorable
features.
VOTE REQUIRED
The authorization to elect each of the Nominees listed above requires
the affirmative vote of Shareholders holding a majority of the votes entitled
to be cast at the Meeting by all shareholders of Mutual Fund Investment
Trust.
NEXT MEETING OF SHAREHOLDERS
If a subsequent meeting of Shareholders is scheduled to be held, any
Shareholder wishing to submit a written proposal for consideration for
inclusion in the proxy statement and form of proxy (i) should send its
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<PAGE>
written proposal or proposals to: Mutual Fund Investment Trust, 1211 Avenue
of the Americas, 41st Floor New York, New York 10036, which proposal or
proposals must be received by Mutual Fund Investment Trust in reasonable time
prior to the meeting, as determined by the Board of Trustees, and (ii) must
satisfy all other legal requirements.
OTHER MATTERS
At the time of the preparation of this Proxy Statement, management
has not been informed of any matters that will be presented for action at the
Meeting other than the proposals specifically set forth in the Notice of
Meeting. If other matters are properly presented to the Meeting for action,
it is intended that the persons named in the Proxy will vote or refrain from
voting in accordance with their best judgment on such matters.
By Order of the Supervisory Committee
Richard Baxt
Secretary
December __, 1999 Mutual Fund Investment Trust
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<PAGE>
[FORM OF PROXY]
[Preliminary Proxy Material]
MUTUAL FUND INVESTMENT TRUST
[Name of Fund]
This proxy is solicited on behalf of the Board of Trustees of Mutual Fund
Investment Trust for the Special Meeting of Shareholders to be held on
February 15, 2000.
The undersigned hereby appoints ________, ________ AND ________, and each of
them, attorneys and proxies for the undersigned, with full power of
substitution, and revocation to represent the undersigned and to vote on
behalf of the undersigned all shares of [Name of Fund] which the undersigned
is entitled to vote at the Special Meeting of Shareholders to be held at 1211
Avenue of the Americas New York, New York on February 15, 2000, at 11:00
a.m., and at any adjournments thereof. The undersigned hereby acknowledges
receipt of the Notice of the Special Meeting of Shareholders and hereby
instructs said attorneys and proxies to vote said shares as indicated hereon.
In their discretion, the proxies are authorized to vote upon such other
business as may properly come before the Special Meeting of Shareholders. A
majority of the proxies present and acting at the Special Meeting of
Shareholders in person or by substitute (or, if only one shall be so present,
then that one) shall have and may exercise all of the power and authority of
said proxies hereunder. The undersigned hereby revokes any proxy previously
given.
NOTE: Please sign exactly as your name appears on this
proxy. If joint owners, EITHER may sign this proxy. When
signing as attorney, executor, administrator, trustee,
guardian or corporate officer, please give your full title.
Date
-------- --, ----
-------------------------------
-------------------------------
Signature(s), Title(s) (if applicable) PLEASE SIGN, DATE
AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE
-1-
<PAGE>
MUTUAL FUND INVESTMENT TRUST
[Name of Fund]
Please indicate your vote by an "X" on the appropriate line below.
This proxy, if properly executed, will be voted in the manner directed by the
stockholder.
If no direction is made, this proxy will be voted FOR each Proposal.
Please refer to the Proxy Statement for a discussion of each Proposal.
THE BOARD OF TRUSTEES RECOMMENDS A VOTE "FOR" THE FOLLOWING PROPOSALS.
Proposal 1:
1(a) To approve or disapprove electing William J. Armstrong as a
Trustee of Mutual Fund Investment Trust.
For Against Abstain
----- ----- -----
1(b) To approve or disapprove electing John R.H. Blum as a
Trustee of Mutual Fund Investment Trust.
For Against Abstain
----- ----- -----
1(c) To approve or disapprove electing Stuart W. Cragin, Jr. as a
Trustee of Mutual Fund Investment Trust.
For Against Abstain
----- ----- -----
1(d) To approve or disapprove electing Roland R. Eppley, Jr. as a
Trustee of Mutual Fund Investment Trust.
For Against Abstain
----- ----- -----
1(e) To approve or disapprove electing Joseph J. Harkins as a
Trustee of Mutual Fund Investment Trust.
For Against Abstain
----- ----- -----
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<PAGE>
1(f) To approve or disapprove electing W.D. MacCallan as a
Trustee of Mutual Fund Investment Trust.
For Against Abstain
----- ----- -----
1(g) To approve or disapprove electing W. Perry Neff as a Trustee
of Mutual Fund Investment Trust.
For Against Abstain
----- ----- -----
1(h) To approve or disapprove electing Leonard M. Spalding, Jr.
as a Trustee of Mutual Fund Investment Trust.
For Against Abstain
----- ----- -----
1(i) To approve or disapprove electing Richard E. Ten Haken as a
Trustee of Mutual Fund Investment Trust.
For Against Abstain
----- ----- -----
1(j) To approve or disapprove electing Irving L. Thode as a
Trustee of Mutual Fund Investment Trust.
For Against Abstain
----- ----- -----
1(k) To approve or disapprove electing H. Richard Vartabedian as
a Trustee of Mutual Fund Investment Trust.
For Against Abstain
----- ----- -----
-3-
