U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
1 Name and address of issuer:
Kobren Insight Funds
One Exchange Place
Boston, MA 02109
2. Name of each series or class of funds for which this notice
is filed:
Kobren Growth Fund
Kobren Moderate Growth Fund
Kobren Conservative Allocation Fund
3. Investment Company Act File Number: 811-07813
Securities Act File Number: 333-12075
4. Last day of fiscal year for which this notice is filed:
December 31, 1996
5. Check box if this notice is being filed more than 180 days
after the close of the issuer's fiscal year for purposes of
reporting securities sold after the close of the fiscal year but
before termination of the issuer's 24f-2 declaration:
*
6. Date of termination of issuer's declaration under rule 24f-
2(a)(1), if applicable
(see Instruction A.6):
N/A
7. Number and amount of securities of the same class or series
which had been registered under the Securities Act of 1933 other
than pursuant to rule 24f-2 in a prior fiscal year, but which
remained unsold at the beginning of the fiscal year:
N/A
8. Number and amount of securities registered during the fiscal
year other than pursuant to rule 24f-2
N/A
9. Number and aggregate sale price of securities sold during
the fiscal year:
Total: Shares: 49,960 shares
Aggregate Dollar Amount: $505,000
10. Number and aggregate sale price of securities sold during
the fiscal year in reliance upon registration pursuant to rule
24f-2:
Total: Shares: 49,960 shares
Aggregate Dollar Amount: $505,000
11. Number and aggregate sale price of securities issued during
the fiscal year in connection with dividend reinvestment plans, if
applicable (see Instruction B.7):
N/A
12. Calculation of registration fee:
( i) Aggregate sale price of securities sold during the
fiscal
year in reliance on rule 24f-2 (from Item 10):
$505,000
(ii) Aggregate price of shares issued in connection with
dividend
reinvestment plans (from Item 11, if applicable):
+$0
(iii) Aggregate price of shares redeemed or repurchased
during
the fiscal year (if applicable)
-$0
(iv) Aggregate price of shares redeemed or repurchased and
previously applied as a reduction to filing fees
pursuant to
rule 24e-2 (if applicable):
$0
( v) Net aggregate price of securities sold and
issued during
the fiscal year in reliance on rule 24f-2 [line (i),
plus line
(ii), less line (iii), plus line (iv)] (if
applicable): $505,000
(vi) Multiplier prescribed by Section 6(b) of the
Securities Act
of 1933 or other applicable law or regulation (see
Instruction
C.6): *
1/3300
(vii) Fee due [line (i) or line (v) multiplied by line
(vi)]: $153.03
Instructions: Issuer should complete lines (ii), (iii), (iv) and
(v) only if the form is being filed within 60 days after the close
of the issuer's fiscal year. See Instruction C.3.
13. Check box if fees are being remitted to the Commission's
lockbox depository as described in section 3a of the Commission's
Rules of Informal and Other Procedures
(17 CFR 202.3a).
X
Date of mailing or wire transfer of filing fees to the
Commission's lockbox depository:
February 26, 1997
SIGNATURES
This report has been signed below by the following persons on
behalf of the issuer and in the capacities and on the dates
indicated.
By (Signature and Title)* /s/ Gail A. Hanson
Gail A. Hanson, Assistant Secretary
Date: February 27, 1997
*Please print the name and title of the signing officer below the
signature
February 27, 1997
VIA EDGAR
Board of Trustees
Kobren Insight Funds
One Exchange Place
Boston, Massachusetts 02109
RE: Rule 24f-2 Notice
Gentlemen:
In connection with the filing by Kobren Insight Funds (the
"Trust") of a Notice (the "Notice") pursuant to Rule 24f-2 under
the Investment Company Act of 1940, as amended (the "1940 Act"),
for the Trust's fiscal period December 16, 1996 (commencement of
operations) through December 31, 1996, you have requested that I
provide the legal opinion required by said Rule.
In accordance with Rule 24f-2, the Trust has registered an
indefinite number of shares of beneficial interest, with a par
value of $.001, under the Securities Act of 1933, as amended (the
"1933 Act"). The purpose of the Notice is to make definite the
registration of 49,960 shares (the "Shares") of the Trust, sold
in reliance upon the Rule during the fiscal period ended December
31, 1996.
I am Counsel of First Data Investor Services Group, Inc.,
the Trust's Administrator, and in such capacity, from time to time
and for certain purposes, provide legal counsel to the Trust. I
have examined copies of the Trust's Master Trust Agreement, votes
adopted by its Trustees, and such other records and documents as I
have deemed necessary for purpose of this opinion.
On the basis of the foregoing, and assuming all of the
Shares were sold in accordance with the terms of the Trust's
Prospectus and Statement of Additional Information in effect at
the time of sale, I am of the opinion that the Shares were legally
issued, fully paid and non-assessable by the Trust. This opinion
is for the limited purposes expressed above and should not be
deemed to be an expression of opinion as to compliance with the
1933 Act, the 1940 Act or applicable state "blue sky" or
securities laws in connection with the sales of the Shares.
The Trust is an entity of the type commonly known as a
"Massachusetts business trust". Under Massachusetts law,
shareholders could, under certain circumstances, be held
personally liable for the obligations of the Trust. However, the
Trust's Master Trust Agreement provides that if any shareholder of
the Trust is held personally liable solely by reason of being or
having been a shareholder, the shareholder shall be entitled out
of the Trust estate to be held harmless from and indemnified
against all loss and expense arising from such liability. Thus,
the risk of a shareholder incurring financial loss on account of
shareholder liability is limited to circumstances in which the
Trust itself would be unable to meet its obligations.
I hereby consent to the filing of this opinion with the
Securities and Exchange Commission as part of the Trust's Rule
24f-2 Notice.
Very truly yours,
/s/ Gail A. Hanson
Gail A. Hanson,
Counsel
