Form N-18F-1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
NOTIFICATION OF ELECTION PURSUANT TO RULE 18F-1 UNDER
THE INVESTMENT COMPANY ACT OF 1940.
Bearguard Funds, Inc.
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Exact Name of Registrant
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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. 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 Los Gatos and the
State of California on the 28th day of October, 1999.
BEARGUARD FUNDS, INC.
By: /s/ Paul L. McEntire
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Paul L. McEntire
Chairman and President
Attest: /s/ Thomas F. Burns, Jr.
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Thomas F. Burns, Jr.
Treasurer and Secretary
