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:
The Flex-funds
6000 Memorial Drive
Dublin, OH 43017
2. Name of each series or class of funds for which this notice is filed:
Total Return Utilities Fund
3. Investment Company Act File Number: 811-3462
Securities Act File Number: 33-88420
4. Last day of fiscal year for which this notice is filed: December 31, 1996
5. Check box if this notice is being filed more than 180 days after the
close of the issuer's fiscal year for purposes of reporting securities
sold after the close of the fiscal year but before termination of the
issuer's 24f-2 declaration:
/ /
6. Date of termination of issuer's declaration under rule 24f-2(a)(1),
if applicable:
7. Number and amount of securities of the same class or series which had been
registered under the Securities Act of 1933 other than pursuant to rule
24f-2 in a prior fiscal year, but which remained unsold at the beginning
of the fiscal year: NONE
8. Number and amount of securities registered during the fiscal year other
than pursuant to rule 24f-2: NONE
9. Number and aggregate sale price of securities sold during the fiscal
year: $2,366,370
10. Number and aggregate sale price of securities sold during the fiscal year
in reliance upon registration pursuant to rule 24f-2: $2,366,370
11. Number and aggregate sale price of securities issued during the fiscal
year in connection with dividend reinvestments plans, if applicable (see
Instruction B.7):
12. Calculation of registration fee:
(i) Aggregate sale price of securities sold during the fiscal year in
reliance on rule 24f-2 (from Item 10):
$2,366,370
<PAGE>
(ii) Aggregate price of shares issued in connection with dividend
reinvestment plans (from Item 11, if applicable):
+
------------
(iii) Aggregate price of shares redeemed or repurchased during the fiscal
year (if applicable):
- 393,419
(iv) Aggregate price of shares redeemed or repurchased and previously
applied as a reduction to filing fees pursuant to rule 24e-2 (if
applicable):
+
-----------
(v) Net aggregate price of securities sold and issued during the fiscal
year in reliance on rule 24f-2 [line (i), plus line (ii), less line
(iii), plus line (iv)] (if applicable):
$1,972,951
(vi) Multiplier prescribed by Section 6(b) of the Securities Act of 1933
or other applicable law or regulation (see Instruction C.6):
x 1/3300
------------
(vii) Fee due [line (i) or line (v) multiplied by line (vi)]:
$ 597.86
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INSTRUCTION: Issuers should complete lines (ii), (iii), (iv), and (v) only if
the form is being filed within 60 days after the close of the issuer's
fiscal year.
13. Check box if fees are being remitted to the Commission's lockbox
depository as described in section 3a of the Commission's Rules of
Informal and Other Procedures:
|X|
Date of mailing or wire transfer of filing fees to the Commission's
lockbox depository: February 19, 1997
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/ Donald F. Meeder
Donald F. Meeder, Secretary/Treasurer
Date FEBRUARY 19, 1997
*Please print the name and title of the signing officer
below the signature.
