UNITED STATES
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. Please print or type.
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1. Name and address of issuer:
Fundamental Funds, Inc.
67 Wall Street
New York, NY 10005
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2. The 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
securites of the issuer,
--
check the box but do not list series or classes): X
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3. Investment Company Act File Number: 811-3032
Securities Act File Number: 2-82710
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4(a)Last day of fiscal year for which this Form is filed:
12/31/98
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4(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). (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 if this is the last time the issuer will be filing this Form.
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SEC 2393 (9-97)
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5. Calculation of registration fee:
(i) Aggregate sale price of securities sold during the
fiscal year pursuant to section 24(f): $ 1,855,805,496
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(ii) Aggregate price of securities redeemed or repurchased during the
fiscal year: $ 1,931,621,206
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(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: $ 101,562,596
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(iv) Total available redemption credits [add Items 5(ii) and
$(2,033,183,802
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(v) Net sales - if Item 5(i) is greater than Item 5(iv)
[subtract Item 5(iv) from Item 5(i)]: $ 0
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(vi) Redemption credits available for use in future yea$(177,378,3)6
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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
Instruction C.9): X 0.0278%
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(viiiRegistration fee due [multiply Item 5(v) by Item
5(vii)] (enter "0" if no fee is due): = $ 0.00
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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).deIfcthereeis a
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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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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):
+$ 0
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8. Total of the amount of the registration fee due plus any interest due
[line 5(viii) plus line 7]:
=$ 0.00
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9. Date the registration fee and any interest payment was sent to the
Commission's lockbox depository:
Method of Delivery:
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Wire Transfer (CIK 00000315811)
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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/ Stephen C. Leslie
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Stephen C. Leslie, CEO, Cornerstone Equity Advisors
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Date 03/26/99
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* Please print the name and title of the signing
officer below the signature.
