SPORTS FUNDS TRUST
N-8A, 1997-12-18
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                             File No. 33-                  
                            File No. 811-                  

                       UNITED STATES
             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:     The Sports Funds Trust

Address of Principal Business Office:   5-H Oak Branch Drive
                                   Greensboro, NC 27407
Telephone Number including Area Code:   (910)851-0910

Name and Address of Agent for Service:

                              Mr. Jack Plymale
                              President
                              5-H Oak Branch Drive
                              Greensboro NC 27407
COPIES TO:
Carolyn F. Mead, Esq.
FPS Services, Inc.
3200 Horizon Drive, P.O. Box 61503
King of Prussia, PA 19406-0903

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 Greensboro and State
of North Carolina on the 18th day of December, 1997.


                         The Sports Funds Trust


                         By: /s/ Jack R. Plymale*            
                             Jack R. Plymale, President

/s/ William J. Baltrus
*By /s/ William J. Baltrus, as
Attorney-in-Fact and Agent pursuant
to Power of Attorney



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