SAGE TSO TRUST
N-8A, 1996-03-26
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<PAGE>
                                                      File No. 33-_____________

                                                      File No. 811-____________

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM N-8A


                          NOTIFICATION OF REGISTRATION
                      FILED PURSUANT TO SECTION 8(a) OF THE
                         INVESTMENT COMPANY ACT OF 1940


The undersigned  investment  company hereby notifies the Securities and Exchange
Commission  that it registers  under and pursuant to the  provisions  of Section
8(a)  of  the  Investment  Company  Act of  1940  and in  connection  with  such
notification of registration submits the following information:

Name: Sage/Tso Trust

Address of Principal Business Office:       7799 Leesburg Pike, Suite 900, Falls
                                            Church, Virginia 22043
                                            ------------------------------------

Telephone Number including Area Code: (703) 255-1233

Name and Address of Agent for Service:

                                  James C. Tso
                       Sage/Tso Investment Management L.P.
                          7799 Leesburg Pike, Suite 900
                          Falls Church, Virginia 22043

COPIES TO:
          Clifford J. Alexander, Esq.             Joseph M. O'Donnell, Esq.
          Kirkpatrick & Lockhart LLP              Fund/Plan Services, Inc.
       1800 Massachusetts Avenue, N.W.               2 West Elm Street
          Washington, DC 20036-1800            Conshohocken, Pennsylvania 19428

Check Appropriate Box:

         Registrant is filing a Registration  Statement pursuant to Section 8(b)
         of the Investment  Company Act of 1940  concurrently with the filing of
         Form N-8A:

         YES  X
              --



<PAGE>





                                   SIGNATURES


Pursuant to the  requirements  of the  Securities Act of 1933 and the Investment
Company Act of 1940 the Registrant has duly caused this  Registration  Statement
to be signed on its behalf by the undersigned, thereunto duly authorized, in the
City of Oakton, and State of Virginia on the 26th day of March, 1996.

                                                Sage/Tso Trust
                                        -------------------------------
                                               Name of Registrant


                                        By   /s/ James C. Tso
                                          ------------------------------
                                                 James C. Tso,  President


Pursuant to the  requirements of the Securities Act of 1933,  this  Registration
Statement of Sage/Tso  Trust has been signed below by the  following  persons in
the capacities and on the date indicated.


Signature                        Capacity                               Date




/s/ James C. Tso              
- -------------------           As Sole Trustee                         3/26/96
James C. Tso




/s/ James C. Tso              
- -------------------           As President and                        3/26/96
James C. Tso                  Principal Executive Officer




/s/ James C. Tso       
- -------------------           As Vice President, Secretary,           3/26/96
James C. Tso                  and Principal Accounting
                              and Financial Officer





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