U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
1. Name and address of issuer: Investors Capital Funds
230 Broadway East
Lynnfield, MA 01940
2. Name of each series or class of securities for which this Form is filed
(If the Form is being filed for all series and classes of securities of
the issuer, check the box but do not list series or classes):
[ X ]
3. Investment Company Act File Number: 811-09497
Securities Act File Number: 333-83951
4. (a) Last day of fiscal year for which this Form is filed: 9/30/2000
(b) Check box if this Form is being filed late (i.e., more than 90
calendar days after the end of the Issuer's fiscal year). [ ]
(c) Check box if this is the last time the issuer will be filing this
form. [ ]
5. Calculation of registration fee:
(i) Aggregate sale price of securities sold during
the fiscal year pursuant to section 24(f): $ 13,816,275.71
(ii) Aggregate price of securities
redeemed or repurchased during the
fiscal year: $ 1,149,685.00
(iii) Aggregate price of securities
redeemed or repurchased during any
prior fiscal year ending no earlier
than October 11, 1995 that were not
previously used to reduce registration
fees payable to the Commission: $ 0
(iv) Total available redemption credits [add
items 5(ii) and 5(iii): - $ 1,149,685.00
(v) Net sales - if item 5(i) is greater than
Item 5(iv) [subtract Item 5(iv) from Item(i)]: $ 12,666,590.71
(vi) Redemption credits available for
use in future years - if Item 5(i) is
less than Item 5(iv) [subtract Item
5(iv) from Item 5(i)]: $ ( 0 )
(vii) Multiplier for determining registration fee: x .000250
(viii) Registration fee due [multiply Item 5(v) by
Item 5(vii)]: $ 3,166.65
6. Prepaid Shares
If the response to item 5(i) was determined by deducting an amount of
securities that were registered under the Securities Act of 1933
pursuant to rule 24e-2 as in effect before October 11, 1997, then
report the amount of securities (number of shares or other units)
deducted here: 0. If there is a number of shares or other
units that were registered pursuant to rule 24e-2 remaining unsold
at the end of the fiscal year for which this form is filed that are
available for use by the issuer in future fiscal years, than state
that number here: 0.
7. Interest due - if this Form is being filed more than 90 days after the
end of the issuer's fiscal year:
$ 0
8. Total of the amount of the registration fee due plus any interest due
[line 5(viii) plus line 7]:
$ 3,166.65
9. Date the registration fee and any interest payment was sent to the
Commission's lockbox depository: 12/28/00
CIK Number designated to receive payment: 0001089860
Method of Delivery:
[ X ] Wire Transfer
[ ] Mail or other means
SIGNATURES
This report has been signed below by the following persons on behalf of the
issuer and in the capacities and on the dates indicated.
By: /s/Timothy B. Murphy
Timothy B. Murphy
Treasurer
Date: 12/22/00
