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U.S SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 24F-2
ANNUAL NOTICE OF SECURITIES SOLD
PURSUANT TO RULE 24F-2
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1. Name and address of issuer:
THE ONE GROUP
3435 STELZER RD.
COLUMBUS, OHIO 43219
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2. Name of each series or class of funds for which this notice is filed:
SEE ATTACHED, SCHEDULE (A)
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3. Investment Company Act File Number: 811-4236
Securities Act File Number: 2-95973
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4. Last day of fiscal year for which this notice is filed:
JUNE 30, 1996
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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:
[ ]
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6. Date of termination of issuer's declaration under rule 24F-2(a)(1), if
applicable:
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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
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8. Number and amount of securities registered during the fiscal year other than
pursuant to rule 24F-2:
NONE
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9. Number and aggregate sale price of securities sold during the fiscal year:
$19,529,212,342 Price
15,613,372,360 Shares
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10. Number and aggregate sale price of securities sold during the fiscal year
in reliance upon registration pursuant to rule 24f-2:
$19,529,212,342 Price
15,613,372,360 Shares
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11. Number and aggregate sale price of securities issued during the fiscal year
in connection with dividend reinvestment plans, if applicable:
$207,960,590 Price
48,477,095 Shares
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12. Calculation of registration fee:
(i) Aggregate sale price of securities sold during the
fiscal year in reliance on rule 24f-2: 19,529,212,342
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(ii) Aggregate price of shares issued in connection with
dividend reinvestment plans:
207,960,590
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(iii) Aggregate price of shares redeemed or repurchased
during the fiscal year: 16,108,221,570
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(iv) Aggregate price of shares redeemed or repurchased
and previously applied as a reduction to filing fees
pursuant to rule 24e-2: 569,402,199
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(v) Net aggregate price of securities sold and issued
during the fiscal year in reliance on rule 24f-2:
3,059,549,163
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(vi) Multiplier prescribed by Section 6(b) of the Securities
Act of 1933 or other applicable law or registration: /2900
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(vii) Fee Due: 1,055,016.95
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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:
8/28/96
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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/ Mark Redman
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Mark Redman, Treasurer
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Date 8/28/96
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* Please print the name and title of the signing officer below the signature.
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THE ONE GROUP Schedule A
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U.S. TREASURY SECURITIES MONEY MARKET FUND
PRIME MONEY MARKET FUND
MUNICIPAL MONEY MARKET FUND
OHIO MUNICIPAL MONEY MARKET FUND
TREASURY ONLY MONEY MARKET FUND
GOVERNMENT MONEY MARKET FUND
DISCIPLINED VALUE FUND
INCOME EQUITY FUND
EQUITY INDEX FUND
LARGE COMPANY VALUE FUND
VALUE GROWTH FUND
GROWTH OPPORTUNITIES FUND
INTERNATIONAL EQUITY INDEX FUND
ASSET ALLOCATION FUND
GULF SOUTH GROWTH FUND
LARGE COMPANY GROWTH FUND
INCOME BOND FUND
LIMITED VOLATILITY BOND FUND
INTERMEDIATE TAX-FREE BOND FUND
OHIO MUNICIPAL BOND FUND
MUNICIPAL INCOME FUND
GOVERNMENT BOND FUND
GOVERNMENT ARM FUND
INTERMEDIATE BOND FUND
LOUISIANA MUNICIPAL BOND FUND
KENTUCKY MUNICIPAL BOND FUND
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[ROPES & GRAY LETTERHEAD]
(202)626-3900
FAX: (202) 626-3861
August 28, 1996
The One Group(R)
3435 Stelzer Road
Columbus, Ohio 43219
Ladies and Gentlemen:
You have informed us that you intend to file a Rule 24f-2 Notice (the
"Notice") with the Securities and Exchange Commission (the "Commission")
pursuant to Rule 24f-2 (the "Rule") under the Investment Company Act of 1940, as
amended, making definite the registration of shares of beneficial interest in
the amount of $19,737,172,932, without par value (the "Shares"), of The One
Group(R) (the "Trust") sold in reliance upon the Rule during your fiscal year
ended June 30, 1996.
We have examined your Amended and Restated Agreement and Declaration of
Trust, as further amended, as on file at the office of the Secretary of The
Commonwealth of Massachusetts. We are familiar with the actions taken by your
Trustees to authorize the issue and sale from time to time of your shares of
beneficial interest at not less than the public offering price of such shares
and have assumed that the Shares have been issued and sold in accordance with
such action. We have also examined a copy of your Code of Regulations and such
other documents as we have deemed necessary for the purposes of this opinion.
Based on the foregoing, we are of the opinion that the Shares have been
duly authorized and legally issued and are fully paid and non-assessable.
The Trust is an entity of the type commonly known as a "Massachusetts
business trust." Under Massachusetts law, shareholders could, under certain
circumstances, be held personally liable for the obligations of the Trust.
However, the Declaration of Trust disclaims shareholder liability for acts or
obligations of the Trust and requires that notice of such disclaimer be given in
each agreement, obligation or instrument entered into or executed by the Trust
or its Trustees. The Declaration of Trust provides for indemnification out of
the property of the Trust for all loss and expense of any shareholder of the
Trust held personally liable solely by reason of his being or having been a
shareholder. Thus, the risk of a
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ROPES & GRAY
The One Group(R)
August 28, 1996
Page 2
shareholder incurring financial loss on account of being a shareholder is
limited to circumstances in which the Trust itself would be unable to meet its
obligations.
We consent to this opinion accompanying the Notice when filed with the
Commission.
Very truly yours,
/s/ Ropes & Gray
Ropes & Gray
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