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 the
election 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 Wakefield and the
State of Rhode Island on the 17th day of December, 1999.
IGAM Group Funds
(Name of Registrant)
By: /s/ Eugene Y.W. Lee, Ph.D.
Eugene Y. W. Lee, Ph.D.
President and Secretary
Attest: /s/ Jong Ho Hwang
Jong Ho Hwang, Assistant Secretary
