GT GLOBAL ASSET ALLOCATION TRUST
N-8A, 1996-08-26
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                          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:            GT Global Asset Allocation Trust

     Address of Principal Business Office:

     50 California Street, 27th Floor, San Francisco, California 94111

     Telephone Number:         (415) 392-6181

     Name and address of agent for service of process:

     David J. Thelander, Esq., Assistant General Counsel, LGT Asset Management,
     Inc., 50 California Street, 27th Floor, San Francisco, California 94111

     Copies to:  Arthur J. Brown, Esq., Kirkpatrick & Lockhart LLP, 1800
     Massachusetts Ave., 2nd Floor, Washington, DC  20036

     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 [  ]   NO  [X]

     <TABLE>
     <CAPTION>
       <S>                  <C>

       Item 1               GT Global Asset Allocation Trust
       Item 2               Massachusetts, August 26, 1996

       Item 3               business trust
       Item 4               Management Company

       Item 5 (a)           open-end
              (b)           diversified
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       Item 6               LGT Asset Management, Inc.
                            50 California Street
                            27th Floor
                            San Francisco, CA  94111

       Item 7               David J. Thelander                             Trustee & President
                            50 California Street
                            San Francisco, CA 94111
                            Matthew M. O'Toole                             Trustee & Secretary
                            50 California Street
                            San Francisco, CA 94111

       Item 8               Not applicable
       Item 9  (a)          No
               (b)          Not applicable
               (c)          Yes
               (d)          No
               (e)          Not applicable

       Item 10              Zero

       Item 11              No
       Item 12              Not applicable

     </TABLE>

                                     SIGNATURES


     Pursuant to the requirements of the Investment Company Act of 1940, the
     registrant has caused this notification of registration to be duly signed
     on its behalf in San Francisco, California on the 26th day of August,
     1996.

                                       GT GLOBAL ASSET ALLOCATION TRUST

              /s/ Matthew M. O'Toole        /s/ David J. Thelander
     Attest: ----------------------    By:  ---------------------------
                 Matthew M. O'Toole         David J. Thelander
                                            Trustee
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