BEACON GLOBAL ADVISORS TRUST /
N-18F1, 1997-04-16
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           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 McLean and the State of Virginia on the 22nd day of
January, 1997.


          Signature:     Beacon Global Advisors Trust
                            (Name of Registrant)

          By:          /s/ Richard A. Ollen              
                         Richard A. Ollen
                                                            
          Title:   President & Chairman of the Board      


                 
Attest:    /s/ Michelle A. Whalen     


Title:     Secretary        


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