AMERICAN SKANDIA ADVISOR FUNDS INC
N-18F1, 1997-08-11
Previous: VALERO REFINING & MARKETING CO, 3, 1997-08-11
Next: USX CAPITAL TRUST I, 10-Q, 1997-08-11





     As filed with the Securities and Exchange Commission on August 8, 1997

                    Securities Act of 1933 File No. 333-23017
                Investment Company Act of 1940 File No. 811-08085

                              ---------------------

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549



            --------------------------------------------------------


                 NOTIFICATION OF ELECTION PURSUANT TO RULE 18f-1
                    UNDER THE INVESTMENT COMPANY ACT OF 1940

            --------------------------------------------------------





                      AMERICAN SKANDIA ADVISOR FUNDS, INC.
                           (Exact Name of Registrant)



<PAGE>



                            NOTIFICATION OF ELECTION

         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,  as amended.  It is  understood  that this
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, as amended, the Registrant has caused this notification of election
to be duly  executed  on its  behalf  in the City of  Shelton  and the  State of
Connecticut on the 8th day of August, 1997.

                                           AMERICAN SKANDIA ADVISOR FUNDS, INC.


                                    By:   /s/ Eric C. Freed
                                          Eric C. Freed
                                          Secretary


Attest: /s/ Susann Alagna
        Susann Alagna
        Assistant Corporate Secretary


20815-1



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission