LETTERHEAD
[FUND/PLAN SERVICES, INC.]
[2 WEST ELM STREET]
[CONSHOCKEN, PA 19428]
September 24, 1996
VIA: EDGAR
Securities and Exchange Commission
450 Fifth Street, NW
Washington, DC 20549
RE: Polynous Trust
File No. 811-07649, 333-04983
Ladies and Gentlemen of the Commission:
On behalf of Polynous Trust, a Delaware business trust (the "Registrant"), we
transmit via Edgar for filing pursuant to Rule 18F-1 of the Investment
Company Act of 1940, as amended, Registrant's Form N-18F-1: Notification of
Registration pursuant to Rule 18F-1.
All questions and comments concerning this filing should be addressed
to:
Ms. Sandra L. Adams
c/o Fund/Plan Services
2 W. Elm Street
Conshohocken, PA 19428
Phone: (610) 834-3545
FAX: (610) 834-3591
Sincerely,
/s/ Sandra L. Adams
Sandra L. Adams
Mutual Fund Administrator
<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-18F-1
NOTIFICATION OF ELECTION PURSUANT TO RULE 18F-1
UNDER THE INVESTMENT COMPANY ACT OF 1940
<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-18F-1
NOTIFICATION OF ELECTION PURSUANT TO RULE 18f-1
UNDER THE INVESTMENT COMPANY ACT OF 1940
The undersigned registered open-end investment company
hereby notifies the Securities and Exchange Commission that it elects
to commit itself to pay in cash all redemptions by a shareholder of
record as provided by Rule 18f-1 under the Investment Company Act of
1940. It is understood that the election is irrevocable while such
Rule is in effect unless the Commission by order upon application
permits the withdrawal of this Notification of Election.
SIGNATURE
Pursuant to the requirements of Rule 18f-1 under the
Investment Company Act of 1940, the registrant has caused this
notification of election to be duly executed on its behalf in the
city of San Francisco and the State of California on the 25th day of
July, 1996.
Signature: Polynous Trust
(Name of Registrant)
By: /s/ Kevin L. Wenck
Kevin L. Wenck
Title: President
Attest: /s/ Erin Sinclair
Title: Treasurer
