PORTFOLIOS FOR DIVERSIFIED INVESTMENT INC
485BPOS, 1995-08-22
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<PAGE>   1
                                      
                                      
   As filed with the Securities and Exchange Commission on August 22, 1995
                           Registration No. 2-89117
==============================================================================
                      SECURITIES AND EXCHANGE COMMISSION
                             Washington, DC 20549
                                      
                                  FORM N-1A

         REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933       /X/
                                      
                                      
                        Pre-Effective Amendment No.                    / /
                                                    ----
                       Post-Effective Amendment No.  15                /X/
                                                    ----
                                     and
                                      
     REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940   /X/
                                      
                               Amendment No.  16                       /X/
                                             ----
                         ----------------------------
                                      
                    PORTFOLIOS FOR DIVERSIFIED INVESTMENT
              (Exact Name of Registrant as Specified in Charter)
                                      
                        Bellevue Park Corporate Center
                       400 Bellevue Parkway, Suite 100
                          Wilmington, Delaware 19809
                   (Address of Principal Executive Offices)
                                      
                        Registrant's Telephone Number:
                                (302) 792-2555
                         ----------------------------
                                      
                               Edward J. Roach
                        Bellevue Park Corporate Center
                       400 Bellevue Parkway, Suite 100
                          Wilmington, Delaware 19809
                   (Name and Address of Agent for Service)
                                      
                                  Copies to:
                                      
                       W. Bruce McConnel, III, Esquire
                            Drinker Biddle & Reath
                     Philadelphia National Bank Building
                             1345 Chestnut Street
                         Philadelphia, PA  19107-3496

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)(i)
         / / on (date) pursuant to paragraph (a)(i)
         / / 75 days after filing pursuant to paragraph (a)(ii)
         / / on (date) pursuant to paragraph (a)(ii) of rule 485.

If appropriate, check the following box:

         / / this post-effective amendment designates a new effective date 
for a previously filed post-effective amendment.

Pursuant to Rule 24f-2(b)(3) under the Investment Company Act of 1940,
Registrant hereby terminates its declaration electing the registration, under
the Securities Act of 1933, of an indefinite number of shares.  Registrant's
Final Rule 24f-2 Notice, for the fiscal period beginning July 1, 1994
through June 16, 1995, is being filed contemporaneously herewith.

==============================================================================
<PAGE>   2




         THIS POST-EFFECTIVE AMENDMENT INCORPORATES BY REFERENCE IN ITS
ENTIRETY POST-EFFECTIVE AMENDMENT NO. 14 TO PORTFOLIOS FOR DIVERSIFIED
INVESTMENT'S REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933/AMENDMENT
NO. 15 TO PORTFOLIO FOR DIVERSIFIED INVESTMENT'S REGISTRATION STATEMENT UNDER
THE INVESTMENT COMPANY ACT OF 1940 ("POST-EFFECTIVE AMENDMENT NO. 15")  EXCEPT
FOR PART C. POST-EFFECTIVE AMENDMENT NO. 14 WAS FILED WITH THE COMMISSION ON
OCTOBER 28, 1994 PURSUANT TO RULE 485(B) UNDER THE SECURITIES ACT OF 1933.

         THE PURPOSE OF THIS AMENDMENT IS TO TERMINATE ITS DECLARATION ELECTING
THE REGISTRATION UNDER THE SECURITIES ACT OF 1933, OF AN INDEFINITE NUMBER OF
SHARES.

         ACCORDINGLY, THE PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION
FOR THE FIXED INCOME FUND OF PORTFOLIOS FOR DIVERSIFIED INVESTMENT ARE NOT
INCLUDED IN THIS FILING.
<PAGE>   3
                                   SIGNATURES

         Pursuant to the requirements of the Securities Act of 1933 (the "1933
Act") and the Investment Company Act of 1940, the Registrant has duly caused
this Registration Statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Wilmington, and State of Delaware, on
the 16th day of August, 1995.

                 PORTFOLIOS FOR DIVIERSIFIED INVESTMENT
                 (Registrant)

                 By:  *Edward J. Roach
                      ----------------------------
                      Edward J. Roach
                      Vice President and Treasurer

         Pursuant to the requirements of the 1933 Act, this Amendment No. 15
has been signed below by the following person in the capacities and on the date
indicated.

<TABLE>
<CAPTION>
SIGNATURE                         TITLE                     DATE
- ---------                         -----                     ----
<S>                               <C>                       <C>
 *Philip E. Coldwell              Trustee                   August 16, 1995
  --------------------------
  Philip E. Coldwell


 *Edward J. Roach                 Vice President            August 16, 1995
  --------------------------      and Treasurer          
  Edward J. Roach                 (Principal Financial   
                                  and Accounting Officer)
                                                         

 *Robert R. Fortune               Trustee                   August 16, 1995
  --------------------------
  Robert R. Fortune


 *Rodney D. Johnson               Trustee                   August 16, 1995
  --------------------------
  Rodney D. Johnson


 *G. Willing Pepper               Chairman of               August 16, 1995
  --------------------------      the Board and
  G. Willing Pepper               President    
                                               
                                  

 *Anthony M. Santomero            Trustee                   August 16, 1995
  --------------------------
  Anthony M. Santomero


 *David R. Wilmerding             Vice Chairman             August 16, 1995
  --------------------------      of the Board
  David R. Wilmerding                         
                                  

*By: Edward J. Roach
  --------------------------
     Edward J. Roach
     Attorney-in-Fact
</TABLE>
<PAGE>   4


                        TEMPORARY INVESTMENT FUND, INC.
                          TRUST FOR FEDERAL SECURITIES
                    MUNICIPAL FUND FOR TEMPORARY INVESTMENT
                     PORTFOLIOS FOR DIVERSIFIED INVESTMENT


                               POWER OF ATTORNEY


         Philip E. Coldwell, whose signature appears below, hereby constitutes
and appoints G. Willing Pepper and Edward J. Roach and either of them, his true
and lawful attorneys and agents, with power of substitution or resubstitution,
to do any and all acts and things and to execute any and all instruments which
said attorneys and agents, or either of them, may deem necessary or advisable
or which may be required to enable Temporary Investment Fund, Inc., Trust for
Federal Securities, Municipal Fund for Temporary Investment and Portfolios for
Diversified Investment (each a "Company") to comply with the Investment Company
Act of 1940 as amended, and the Securities Act of 1933, as amended ("Acts"),
and any rules, regulations or requirements of the Securities and Exchange
Commission in respect thereof, in connection with the filing and effectiveness
of any and all amendments (including post-effective amendments) to each
Company's Registration Statement(s) pursuant to said Acts, including
specifically, but without limiting the generality of the foregoing, the power
and authority to sign in the name and on behalf of the undersigned as director
or trustee and/or officer of the relevant Company any and all such amendments
filed with the Securities and Exchange Commission under said Acts, and any
other instruments or documents related thereto, and the undersigned does hereby
ratify and confirm all that said attorneys and agents, or either of them, shall
do or cause to be done by virtue hereof.




                                        /s/ Philip E. Coldwell
                                        -----------------------------------
Dated: September 30, 1993
<PAGE>   5
                        TEMPORARY INVESTMENT FUND, INC.
                          TRUST FOR FEDERAL SECURITIES
                    MUNICIPAL FUND FOR TEMPORARY INVESTMENT
                     PORTFOLIOS FOR DIVERSIFIED INVESTMENT


                              POWER OF ATTORNEY


         Robert R. Fortune, whose signature appears below, hereby constitutes
and appoints G. Willing Pepper and Edward J. Roach and either of them, his true
and lawful attorneys and agents, with power of substitution or resubstitution,
to do any and all acts and things and to execute any and all instruments which
said attorneys and agents, or either of them, may deem necessary or advisable
or which may be required to enable Temporary Investment Fund, Inc., Trust for
Federal Securities, Municipal Fund for Temporary Investment and Portfolios for
Diversified Investment (each a "Company") to comply with the Investment Company
Act of 1940 as amended, and the Securities Act of 1933, as amended ("Acts"),
and any rules, regulations or requirements of the Securities and Exchange
Commission in respect thereof, in connection with the filing and effectiveness
of any and all amendments (including post-effective amendments) to each
Company's Registration Statement(s) pursuant to said Acts, including
specifically, but without limiting the generality of the foregoing, the power
and authority to sign in the name and on behalf of the undersigned as director
or trustee and/or officer of the relevant Company any and all such amendments
filed with the Securities and Exchange Commission under said Acts, and any
other instruments or documents related thereto, and the undersigned does hereby
ratify and confirm all that said attorneys and agents, or either of them, shall
do or cause to be done by virtue hereof.




                                        /s/ Robert R. Fortune
                                        -----------------------------------

Dated: September 30, 1993
<PAGE>   6
                        TEMPORARY INVESTMENT FUND, INC.
                          TRUST FOR FEDERAL SECURITIES
                    MUNICIPAL FUND FOR TEMPORARY INVESTMENT
                     PORTFOLIOS FOR DIVERSIFIED INVESTMENT


                              POWER OF ATTORNEY


         Rodney D. Johnson, whose signature appears below, hereby constitutes
and appoints G. Willing Pepper and Edward J. Roach and either of them, his true
and lawful attorneys and agents, with power of substitution or resubstitution,
to do any and all acts and things and to execute any and all instruments which
said attorneys and agents, or either of them, may deem necessary or advisable
or which may be required to enable Temporary Investment Fund, Inc., Trust for
Federal Securities, Municipal Fund for Temporary Investment and Portfolios for
Diversified Investment (each a "Company") to comply with the Investment Company
Act of 1940 as amended, and the Securities Act of 1933, as amended ("Acts"),
and any rules, regulations or requirements of the Securities and Exchange
Commission in respect thereof, in connection with the filing and effectiveness
of any and all amendments (including post-effective amendments) to each
Company's Registration Statement(s) pursuant to said Acts, including
specifically, but without limiting the generality of the foregoing, the power
and authority to sign in the name and on behalf of the undersigned as director
or trustee and/or officer of the relevant Company any and all such amendments
filed with the Securities and Exchange Commission under said Acts, and any
other instruments or documents related thereto, and the undersigned does hereby
ratify and confirm all that said attorneys and agents, or either of them, shall
do or cause to be done by virtue hereof.




                                        /s/ Rodney D. Johnson
                                        -----------------------------------

Dated: September 30, 1993
<PAGE>   7
                        TEMPORARY INVESTMENT FUND, INC.
                          TRUST FOR FEDERAL SECURITIES
                    MUNICIPAL FUND FOR TEMPORARY INVESTMENT
                     PORTFOLIOS FOR DIVERSIFIED INVESTMENT


                               POWER OF ATTORNEY


         G. Willing Pepper, whose signature appears below, hereby constitutes
and appoints G. Willing Pepper and Edward J. Roach and either of them, his true
and lawful attorneys and agents, with power of substitution or resubstitution,
to do any and all acts and things and to execute any and all instruments which
said attorneys and agents, or either of them, may deem necessary or advisable
or which may be required to enable Temporary Investment Fund, Inc., Trust for
Federal Securities, Municipal Fund for Temporary Investment and Portfolios for
Diversified Investment (each a "Company") to comply with the Investment Company
Act of 1940 as amended, and the Securities Act of 1933, as amended ("Acts"),
and any rules, regulations or requirements of the Securities and Exchange
Commission in respect thereof, in connection with the filing and effectiveness
of any and all amendments (including post-effective amendments) to each
Company's Registration Statement(s) pursuant to said Acts, including
specifically, but without limiting the generality of the foregoing, the power
and authority to sign in the name and on behalf of the undersigned as director
or trustee and/or officer of the relevant Company any and all such amendments
filed with the Securities and Exchange Commission under said Acts, and any
other instruments or documents related thereto, and the undersigned does hereby
ratify and confirm all that said attorneys and agents, or either of them, shall
do or cause to be done by virtue hereof.




                                        /s/ G. Willing Pepper
                                        -----------------------------------

Dated: September 30, 1993
<PAGE>   8
                        TEMPORARY INVESTMENT FUND, INC.
                          TRUST FOR FEDERAL SECURITIES
                    MUNICIPAL FUND FOR TEMPORARY INVESTMENT
                     PORTFOLIOS FOR DIVERSIFIED INVESTMENT


                               POWER OF ATTORNEY


         Anthony M. Santomero, whose signature appears below, hereby
constitutes and appoints G. Willing Pepper and Edward J. Roach and either of
them, his true and lawful attorneys and agents, with power of substitution or
resubstitution, to do any and all acts and things and to execute any and all
instruments which said attorneys and agents, or either of them, may deem
necessary or advisable or which may be required to enable Temporary Investment
Fund, Inc., Trust for Federal Securities, Municipal Fund for Temporary
Investment and Portfolios for Diversified Investment (each a "Company") to
comply with the Investment Company Act of 1940 as amended, and the Securities
Act of 1933, as amended ("Acts"), and any rules, regulations or requirements of
the Securities and Exchange Commission in respect thereof, in connection with
the filing and effectiveness of any and all amendments (including
post-effective amendments) to each Company's Registration Statement(s) pursuant
to said Acts, including specifically, but without limiting the generality of
the foregoing, the power and authority to sign in the name and on behalf of the
undersigned as director or trustee and/or officer of the relevant Company any
and all such amendments filed with the Securities and Exchange Commission under
said Acts, and any other instruments or documents related thereto, and the
undersigned does hereby ratify and confirm all that said attorneys and agents,
or either of them, shall do or cause to be done by virtue hereof.




                                        /s/ Anthony M. Santomero
                                        -----------------------------------

Dated: September 30, 1993
<PAGE>   9
                        TEMPORARY INVESTMENT FUND, INC.
                          TRUST FOR FEDERAL SECURITIES
                    MUNICIPAL FUND FOR TEMPORARY INVESTMENT
                     PORTFOLIOS FOR DIVERSIFIED INVESTMENT


                              POWER OF ATTORNEY


         David R. Wilmerding, Jr., whose signature appears below, hereby
constitutes and appoints G. Willing Pepper and Edward J.  Roach and either of
them, his true and lawful attorneys and agents, with power of substitution or
resubstitution, to do any and all acts and things and to execute any and all
instruments which said attorneys and agents, or either of them, may deem
necessary or advisable or which may be required to enable Temporary Investment
Fund, Inc., Trust for Federal Securities, Municipal Fund for Temporary
Investment and Portfolios for Diversified Investment (each a "Company") to
comply with the Investment Company Act of 1940 as amended, and the Securities
Act of 1933, as amended ("Acts"), and any rules, regulations or requirements of
the Securities and Exchange Commission in respect thereof, in connection with
the filing and effectiveness of any and all amendments (including
post-effective amendments) to each Company's Registration Statement(s) pursuant
to said Acts, including specifically, but without limiting the generality of
the foregoing, the power and authority to sign in the name and on behalf of the
undersigned as director or trustee and/or officer of the relevant Company any
and all such amendments filed with the Securities and Exchange Commission under
said Acts, and any other instruments or documents related thereto, and the
undersigned does hereby ratify and confirm all that said attorneys and agents,
or either of them, shall do or cause to be done by virtue hereof.




                                        /s/ David R. Wilmerding, Jr.
                                        -----------------------------------

Dated: September 30, 1993


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