FORUM FUNDS
TWO PORTLAND SQUARE
PORTLAND, MAINE 04101
PROXY
(FOR SHAREHOLDERS OF DAILY ASSETS CASH FUND ONLY)
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
Revoking any such prior appointments, the undersigned appoints Lisa J. Weymouth,
Leslie K. Klenk and Patrick J. Keniston (or, if only one shall act, that one)
proxies with the power of substitution to vote all of the shares of Daily Assets
Cash Fund (the "Forum Series"), a series of Forum Funds (the "Trust"),
registered in the name of the undersigned at the Special Meeting of Shareholders
of the Forum Series to be held at the offices of Forum Financial Group, LLC, Two
Portland Square, Portland, Maine 04101, on ________, 2003, at 10:00 a.m.
(Eastern time), and at any postponements or adjournments thereof.
The shares of beneficial interest represented by this Proxy will be voted in
accordance with the instructions given by the undersigned below. IF NO CHOICE IS
SPECIFIED ON THE PROXY, PROPERLY EXECUTED PROXIES THAT ARE RETURNED IN TIME TO
BE VOTED AT THE MEETING WILL BE VOTED "FOR" THE APPROVAL OF THE PROPOSAL SET
FORTH BELOW. The Trust has proposed this Proposal. The Board of Trustees
recommends voting "FOR" the Proposal.
PROPOSAL
To approve the Agreement and Plan of Reorganization between
Forum Funds, on behalf of Daily Assets Cash Fund, a series
thereof, and Monarch Funds, on behalf of Daily Assets Cash
Fund, a series thereof.
FOR _____ AGAINST _____ ABSTAIN _____
(NOTE: Checking the box labeled "Abstain" will result in the shares covered by
the Proxy being treated as if they were voted "Against" a Proposal.) Receipt is
acknowledged of the Notice and Proxy Statement for the Special Meeting of
Shareholders to be held on __________, 2003. PLEASE SIGN AND DATE THIS PROXY IN
THE SPACE PROVIDED. Execution by shareholders who are not individuals must be
made by an authorized signatory. Executors, administrators, trustees, guardians
and others signing in a representative capacity should give their full title as
such.
_________________________________________________________ ________________
Authorized Signature Date
_________________________________________________________
Printed Name (and Title if Applicable)
_________________________________________________________ ________________
Authorized Signature (Joint Investor or Second Signatory) Date
_________________________________________________________
Printed Name (and Title if Applicable)
FORUM FUNDS
TWO PORTLAND SQUARE
PORTLAND, MAINE 04101
PROXY
(FOR SHAREHOLDERS OF DAILY ASSETS TREASURY OBLIGATIONS FUND)
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
Revoking any such prior appointments, the undersigned appoints Lisa J. Weymouth,
Leslie K. Klenk and Patrick J. Keniston (or, if only one shall act, that one)
proxies with the power of substitution to vote all of the shares of Daily Assets
Treasury Obligations Fund (the "Forum Series"), a series of Forum Funds (the
"Trust"), registered in the name of the undersigned at the Special Meeting of
Shareholders of the Forum Series to be held at the offices of Forum Financial
Group, LLC, Two Portland Square, Portland, Maine 04101, on ________, 2003, at
10:00 a.m. (Eastern time), and at any postponements or adjournments thereof.
The shares of beneficial interest represented by this Proxy will be voted in
accordance with the instructions given by the undersigned below. IF NO CHOICE IS
SPECIFIED ON THE PROXY, PROPERLY EXECUTED PROXIES THAT ARE RETURNED IN TIME TO
BE VOTED AT THE MEETING WILL BE VOTED "FOR" THE APPROVAL OF THE PROPOSAL SET
FORTH BELOW. The Trust has proposed this Proposal. The Board of Trustees
recommends voting "FOR" the Proposal.
PROPOSAL
To approve the Agreement and Plan of Reorganization between
Forum Funds, on behalf of Daily Assets Treasury Obligations
Fund, a series thereof, and Monarch Funds, on behalf of Daily
Assets Treasury Fund, a series thereof.
FOR _____ AGAINST _____ ABSTAIN _____
(NOTE: Checking the box labeled "Abstain" will result in the shares covered by
the Proxy being treated as if they were voted "Against" a Proposal.) Receipt is
acknowledged of the Notice and Proxy Statement for the Special Meeting of
Shareholders to be held on __________, 2003. PLEASE SIGN AND DATE THIS PROXY IN
THE SPACE PROVIDED. Execution by shareholders who are not individuals must be
made by an authorized signatory. Executors, administrators, trustees, guardians
and others signing in a representative capacity should give their full title as
such.
_________________________________________________________ ________________
Authorized Signature Date
_________________________________________________________
Printed Name (and Title if Applicable)
_________________________________________________________ ________________
Authorized Signature (Joint Investor or Second Signatory) Date
_________________________________________________________
Printed Name (and Title if Applicable)
FORUM FUNDS
TWO PORTLAND SQUARE
PORTLAND, MAINE 04101
PROXY
(FOR SHAREHOLDERS OF DAILY ASSETS GOVERNMENT OBLIGATIONS FUND ONLY)
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES
Revoking any such prior appointments, the undersigned appoints Lisa J. Weymouth,
Leslie K. Klenk and Patrick J. Keniston (or, if only one shall act, that one)
proxies with the power of substitution to vote all of the shares of Daily Assets
Government Obligations Fund (the "Forum Series"), a series of Forum Funds (the
"Trust"), registered in the name of the undersigned at the Special Meeting of
Shareholders of the Forum Series to be held at the offices of Forum Financial
Group, LLC, Two Portland Square, Portland, Maine 04101, on ________, 2003, at
10:00 a.m. (Eastern time), and at any postponements or adjournments thereof.
The shares of beneficial interest represented by this Proxy will be voted in
accordance with the instructions given by the undersigned below. IF NO CHOICE IS
SPECIFIED ON THE PROXY, PROPERLY EXECUTED PROXIES THAT ARE RETURNED IN TIME TO
BE VOTED AT THE MEETING WILL BE VOTED "FOR" THE APPROVAL OF THE PROPOSAL SET
FORTH BELOW. The Trust has proposed this Proposal. The Board of Trustees
recommends voting "FOR" the Proposal.
PROPOSAL
To approve the Agreement and Plan of Reorganization between
Forum Funds, on behalf of Daily Assets Government Obligations
Fund, a series thereof, and Monarch Funds, on behalf of Daily
Assets Government Fund, a series thereof.
FOR _____ AGAINST _____ ABSTAIN _____
(NOTE: Checking the box labeled "Abstain" will result in the shares covered by
the Proxy being treated as if they were voted "Against" a Proposal.) Receipt is
acknowledged of the Notice and Proxy Statement for the Special Meeting of
Shareholders to be held on __________, 2003. PLEASE SIGN AND DATE THIS PROXY IN
THE SPACE PROVIDED. Execution by shareholders who are not individuals must be
made by an authorized signatory. Executors, administrators, trustees, guardians
and others signing in a representative capacity should give their full title as
such.
_________________________________________________________ ________________
Authorized Signature Date
_________________________________________________________
Printed Name (and Title if Applicable)
_________________________________________________________ ________________
Authorized Signature (Joint Investor or Second Signatory) Date
_________________________________________________________
Printed Name (and Title if Applicable)