U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
ANNUAL NOTICE OF SECURITIES SOLD
PURSUANT TO RULE 24F-2
READ INSTRUCTIONS AT END OF FORM BEFORE PREPARING FORM.
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1. Name and address of issuer:
Forum Funds
Two Portland Square
Portland, Maine 04101
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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): [ ]
Daily Assets Cash Fund
Daily Assets Treasury Fund
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3. Investment Company Act File Number: 811-3023
Securities Act File Number: 2-67052
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4(a). Last day of fiscal year for which this Form is filed:
August 31, 1997
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4(b). [ ] Check box is this Form is being filed late (I.E., more than
90 calendar days after the end of the issuer's fiscal year).
(See instruction A.2)
NOTE: IF THE FORM IS BEING FILED LATE, INTEREST MUST BE PAID ON THE REGISTRATION
FEE DUE.
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4(c). [ ] Check box is this is the last time the issuer will be filing this
Form.
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<PAGE>
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5. Calculation of registration fee:
(i) Aggregate sale price of securities sold during the
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fiscal year pursuant to section 24(f): $45,780,669
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(ii) Aggregate price of securities redeemed or
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repurchased during the fiscal year: $56,045,698
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(iii) Aggregate price of securities redeemed or or repurchased during
any PRIOR fiscal year ending no earlier than October 11, 1995 that
were not previously used to reduce registration fees payable
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to the Commission: (1) $97,327
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(iv) Total available redemption credits -------------------
[add Items 5(ii) and 5(iii)]: - $56,143,025
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(v) Net sales -- if Item 5(i) is greater than Item 5(iv)
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[subtract Item 5(iv) from Item 5(i)]: $0
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(vi) Redemption credits available for use in future years $10,362,356
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-- if Item 5(i) is less than Item 5(iv) [subtract Item 5(iv) from
Item 5(i)]:
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(vii) Multiplier for determining registration fee (See
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Instruction C.9): x 1/3300
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(viii) Registration fee due [multiply Item 5(v) by Item
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5(vii)] (enter "0" if no fee is due): = $0
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NOTE 1. As of August 31, 1997, $345,990 in net redemptions, which were generated
in a fiscal year ending no earlier than October 11, 1995 and were not previously
used to reduce registration fees payable to the Commission, were available to
all series of Forum Funds (the "Issuer") (the "Net Redemptions"). The $97,327
reported in Item 5(iii) consist of a pro rata portion of the Net Redemptions
based on combined assets of the Issuer's series for which this Form is being
filed, as of their fiscal year end.
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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: (2)
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22,466,609
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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, then state that number here:
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NOTE 2. As of August 31, 1997, a total of 79,867,078 shares of beneficial
interest, which were registered under rule 24e-2 prior to October 11, 1997, and
which remain unsold as of August 31, 1997, were available to the Issuer (the
"Net Credits"). The total prepaid shares reported above consist of a pro rata
portion of the Net Credits [as allocated for the year ended August 31, 1997]
based on combined assets of the Issuers' series for which this Form is being
filed, as of their fiscal year end.
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7. Interest due -- if this Form is being filed more than 90 days after the end
of the issuer's fiscal year (see Instruction D):
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+ $0
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8. Total amount of the registration fee due plus any interest due [line 5(viii)
plus line 7]:
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= $0
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9. Date the registration fee and any interest payment was sent to the
Commission's lockbox depository: not applicable
Method of Delivery:
[ ] Wire Transfer
[ ] Mail or other means
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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 (Signature and Title)* /s/ David I. Goldstein
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Secretary
Date: November 25, 1997
*Please print the name and title of the signing officer below the signature.
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