RZ FUNDS INC
N-8A, 1997-10-31
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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:    RZ Funds, Inc.

Address of Principal Business Office:

Wilton Executive Campus
15 River Road, Suite 220
Wilton, Connecticut  06897

Telephone number (including area code):  (203) 761-9600

Name and Address of Agent for Service of Process:

Robert Zuccaro
Target Investors, Inc.
Wilton Executive Campus
15 River Road, Suite 200
Wilton, Connecticut  06897

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  [X]         NO
                          
     
     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 the City of Wilton and State of Connecticut
on the 29th day of October, 1997.
                              
                              
                              By: /s/ Robert Zuccaro
                                ----------------------------
                                Robert Zuccaro, President


Attest:  /s/ Phillip Villhauer
- ------------------------------
Phillip Villhauer

Title:  Trader





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