As filed with the Securities and Exchange Commission on August 23, 1996
File Nos. 2-86188; 811-3836
_____________________________________________________________
_________________________________________________________________
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-1A
REGISTRATION STATEMENT UNDER THE SECURITIES
ACT OF 1933 _
Pre-Effective Amendment No. _
Post-Effective Amendment No. 26 X
and/or
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY
ACT OF 1940 _
Amendment No. 26 X
(Check appropriate box or boxes)
ANCHOR SERIES TRUST
(Exact Name of Registrant as Specified in Charter)
The SunAmerica Center
733 Third Avenue - 3rd Floor
New York, NY 10017-3204
(Address of Principal Executive Office)(Zip Code)
Registrant's telephone number, including area code: (800) 858-8850
Robert M. Zakem
Senior Vice President and General Counsel
SunAmerica Asset Management Corp.
The SunAmerica Center
733 Third Avenue - 3rd Floor
New York, NY 10017-3204
(Name and Address of Agent for Service)
Copy to:
Susan L. Harris, Esq.
SunAmerica Inc.
1 SunAmerica Center, Century City
Los Angeles, CA 90067-6022
It is proposed that this filing will become effective (check appropriate box)
X immediately upon filing pursuant to paragraph (b)
__ on (date) pursuant to paragraph (b)
__ 60 days after filing pursuant to paragraph (a)
__ on (date) pursuant to paragraph (a) of Rule 485
____________________
The Registrant has elected to register an indefinite number of shares of
beneficial interest, par value $.01 per share, under the Securities Act of
1933 pursuant to Rule 24f-2 under the Investment Company Act of 1940, as
amended. The Rule 24f-2 Notice for the Registrant's fiscal year ended
December 31, 1995 was filed on February 5, 1996. An amended Rule 24f-2 Notice
for the Registrant's fiscal year ended December 31, 1995 was filed on June 13,
1996.
___________________________________________________________
___________________________________________________________
CALCULATION OF REGISTRATION FEE
<TABLE>
<CAPTION>
Title Amount Proposed Proposed
of of Maximum Maximum Amount
Securities Shares Offering Aggregate of
Being Being Price Offering Registration
Registered Registered Per Share Price Fee
<S> <C> <C> <C> <C>
Beneficial 2,244,634 $3.40 $7,631,755.60 $100*
Interest
$.01 Par Value
</TABLE>
* This calculation has been made pursuant to Rule 24e-2 under
the Investment Company Act of 1940, as amended. Registrant,
during its fiscal year ended December 31, 1995 redeemed or
repurchased 2,159,340 shares. Of these shares, 0 were previously
used for a reduction pursuant to Paragraph (c) of Rule 24f-2.
2,159,340 shares are being used for reduction pursuant to
Paragraph (a) of Rule 24e-2 for purposes of this amendment. No
previous filing, other than that described above, during
Registrant's current fiscal year has utilized redeemed or
repurchased shares for purposes of such a reduction. Minimum fee
is $100.<PAGE>
SUNAMERICA ASSET MANAGEMENT CORP.
733 Third Avenue
New York, NY 10017
August 23, 1996
Anchor Series Trust
The SunAmerica Center
733 Third Avenue
New York, NY 10017-3204
Ladies and Gentlemen:
This opinion is being furnished in connection with the filing
by Anchor Series Trust (the "Trust"), a Massachusetts business
trust, of Post-Effective Amendment No. 26 to the Registration
Statement on Form N-1A (the "Amendment") which definitely
registers 2,244,634 shares of beneficial interest, $.01 par value (the
"Shares").
I am familiar with the proceedings taken by the Trust in
connection with the authorization, issuance and sale of the Shares.
In addition, I have examined the Trust's Declaration of Trust, its
By-Laws and such other documents that have been deemed relevant
to the matters referred to in this opinion.
Based upon the foregoing, I am of the opinion that the Shares
registered by the Amendment are legally issued, fully paid and
nonassessable shares of beneficial interest of the Trust.
I hereby consent to the filing of this opinion with the
Securities and Exchange Commission as an exhibit to the Amendment
of the Trust, and to the filing of this opinion under the
securities laws of any state.
Very truly yours,
SunAmerica Asset Management Corp.
By:________________________________
Robert M. Zakem
Senior Vice President and
General Counsel<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and
the Investment Company Act of 1940, the Registrant certifies that
it meets all of the requirements for effectiveness of this Post-Effective
Amendment No. 26 to the Registration Statement pursuant
to Rule 485(b) under the Securities Act of 1933 and has duly caused
this Post-Effective Amendment No. 26 to the Registration Statement
to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of New York, and State of New York, on the
23rd day of August, 1996.
ANCHOR SERIES TRUST
By:/s/Peter A. Harbeck
Peter A. Harbeck
President
Pursuant to the requirements of the Securities Act of 1933
this Post-Effective Amendment No. 26 to the Registration Statement
has been signed below by the following persons in the capacities
and on the date indicated.
/s/Peter A. Harbeck President and Trustee August 23, 1996
Peter A. Harbeck (Principal Executive
Officer)
* Treasurer August 23, 1996
Peter C. Sutton (Principal Financial
and Accounting Officer)
* Trustee August 23, 1996
S. James Coppersmith
* Trustee August 23, 1996
Samuel M. Eisenstat
* Trustee August 23, 1996
Stephen J. Gutman
*By:/s/Robert M. Zakem
Attorney-in-Fact
Robert M. Zakem
