Exhibit a(7)
PANORAMA TRUST
AMENDMENT TO
DECLARATION OF TRUST
The undersigned, Secretary of Panorama Trust (the "Trust"), does hereby
certify that pursuant to Article VIII, Section 8.3 of the Trust's Declaration of
Trust (the "Declaration of Trust") dated May 23, 1995, the following votes were
duly adopted by the majority of the Trustees of the Trust at a Board meeting
held on February 15, 2000:
VOTED: That the Declaration of Trust dated May 23, 1995, as amended to date, is
hereby further amended so as to change the name of the Trust to Pictet Funds;
and further
VOTED: That the Declaration of Trust dated May 23, 1995, as amended to date, is
hereby further amended so as to establish and designate a new series of the
Trust, such series to be known as "Pictet International Equity Fund," and that
the number of shares of such series which the Trust is authorized to issue is an
unlimited number of shares of beneficial interest, par value $.001 per share,
with the shares of such series having such relative rights and preferences as
are set forth in the Declaration of Trust for separate series; and further
VOTED: That the appropriate officers of the Trust be, and each hereby is,
authorized and empowered to execute all instruments and documents and to take
all actions, including the filing of an Amendment to the Trust's Declaration of
Trust with the Secretary of State of the Commonwealth of Massachusetts and the
Clerk of the City of Boston, Massachusetts, as they or any one of them in his or
her sole discretion deems necessary or appropriate to carry out the intents and
purposes of the foregoing vote.
IN WITNESS WHEREOF, the undersigned has hereunto set her hand this 11th
day of May, 2000.
/s/Gail A. Hanson
Gail A. Hanson
Secretary
