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
E*TRADE FUNDS
Exact name of Registrant
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NOTIFICATION OF ELECTION
The undersigned registered open-end investment company, on behalf of
E*TRADE S&P 500 Index Fund (the "Fund"), hereby notifies the Securities and
Exchange Commission that the Fund 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 Palo Alto and the state of California on
the 19th day of February, 1999.
Signature: E*TRADE Funds
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(Name of Registrant)
By: /s/ Joe Van Remortel
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Joe Van Remortel
Vice President and Secretary
Attest:/s/ Brian Murray
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Name: Brian Murray
Title: President
