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 Sports Funds Trust
Exact Name of Registrant
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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
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 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, the registrant has caused this
notification of election to be duly executed on its behalf in the
city of Syosset and the State of North Carolina on the 24th day of
February, 1998.
Signature: The Sports Funds Trust
(Name of Registrant)
By: /S/ Jack R. Plymale
--------------------------
Jack R. Plymale
President
(Title)
Attest: /S/William J. Baltrus
Compliance Officer
(Title)
