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
=======================================================================
HUSSMAN INVESTMENT TRUST
=======================================================================
Exact Name of Registrant
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 Cincinnati
and the State of Ohio on the 21st day of July, 2000.
HUSSMAN INVESTMENT TRUST
By: /s/ Robert G. Dorsey
________________________
Robert G. Dorsey, Vice President
Attest: /s/ John F. Splain
__________________________
John F. Splain, Secretary
