February 20, 1997
U.S. Securities and Exchange Commission
Attn: Filing Desk
450 5th Street, N.W.
Washington, DC 20549
RE: Rule 24(f)-2 Notice for Astra Global Investment Series
File No. 33-1474
Dear Gentlemen and Ladies:
Pursuant to Rule 24(f)-2 of the Investment Company Act of 1940, the above
referenced Fund hereby files the following:
1. Rule 24(f)-2 Notice; and
2. Opinion of Counsel.
We will obtain confirmation of this filing via our CompuServe account,
72741,733. If there are any questions on this filing I can be reached at
(302) 791-2919.
Very Truly Yours,
Wendy McGee
Legal Assistant
Enclosures
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: Astra Global Investment Series
Symphony Towers
750 B Street, Suite 2350
San Diego, CA 92101
2. Name of each series or class of funds for which this notice is filed:
Astra Short-Term Multi-Market Income Fund I
Astra Short-Term Multi-Market Income Fund II
3. Investment Company Act File Number: 811-4468
Securities Act File Number: 33-1474
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: N/A
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:
Number: 1,197,826
Amount: $8,370,804
9. Number and aggregate sale price of securities sold during the fiscal year:
Number: 7,005
Sale Price: $48,432
10. Number and aggregate sale price of securities sold during the fiscal year
in reliance upon registration pursuant to rule 24f-2: None
11. Number and aggregate sale price of securities issued during the fiscal year
in connection with dividend reinvestment plans, if applicable:
Number: 31,547
Sale Price: $215,116
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): $ 0
(ii) Aggregate price of shares issued in connection with
dividend reinvestment plans (from Item 11, if applicable): + 215,116
(iii) Aggregate price of shares redeemed or repurchased
during the fiscal year (if applicable): - 6,113,995
(iv) Aggregate price of shares redeemed or repurchased and
previously applied as a reduction to filing fees pursuant
to rule 24e-2 (if applicable): + 0
(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): $ (5,898,879)
(vi) Multiplier prescribed by Section 6(b) of the
Securities Act of 1933 or other applicable law
or regulation: / 3300
(vii) Fee due [line (i) or line (v) multiplied by
line (vi)]: $ 0
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 (17 CFR 202.3a).
[ ]
Date of mailing or wire transfer of filing fees to the Commission's
lockbox depository:
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: /s/John R. Elerding
John R. Elerding
Secretary
Date: February 18, 1997
Kramer, Levin, Naftalis & Frankel
9 1 9 T H I R D A V E N U E
NEW YORK, N.Y. 10022 3852
(212) 715 9100
FAX
(212) 715-8000
______
WRITER'S DIRECT NUMBER
(212) 715-7507
February 20, 1997
Astra Global Investment Series
750 B Street
Suite 2350
San Diego, CA 92101
Re: Astra Global Investment Series
Registration No. 33-1474
Gentlemen:
We have acted as counsel to Astra Global Investment Series, a Massachusetts
business trust (the "Trust"), in connection with the public offering of the
Trust's shares of beneficial interest with no par value, and on various other
securities and general matters. We understand that, pursuant to Rule 24f-2
under the Investment Company Act of 1940, as amended ("Investment Company
Act"), the Trust has registered an indefinite number of shares of
beneficial interest under the Securities Act of 1933, as amended
("Securities Act"). We further understand that, pursuant to the provisions
of Rule 24f-2, the Trust is filing with the Securities and Exchange
Commission the Notice attached hereto making definite the registration of
shares of beneficial interest (the "Shares") sold in reliance upon Rule 24f-2
during the fiscal year ended December 31, 1996.
We have reviewed, insofar as it relates or pertains to the Trust, the Trust's
Registration Statement on Form N-1A, as amended to the date hereof, filed
with the Securities and Exchange Commission under the Securities Act and the
Investment Company Act, pursuant to which the Shares were sold (the
"Registration Statement"). We have also examined originals or copies
certified or otherwise identified to our satisfaction of such documents,
trust records and other instruments we have deemed necessary or appropriate
for the purpose of this opinion. For purposes of such examination, we have
assumed the genuineness of all signatures and original documents and the
conformity to the original documents of all copies submitted.
We are members only of the New York Bar and do not purport to be experts on
the laws of any other state. Our opinion herein as to Massachusetts law is
based upon a limited inquiry thereof which we have deemed appropriate under
the circumstances.
Based upon the foregoing, we are of the opinion that the Shares have been
duly and validly authorized and, assuming that the Shares have been issued
and sold in accordance with the Trust's Declaration of Trust, as amended,
and Registration Statement, the Shares which the Rule 24f-2 Notice
attached hereto makes definite in number were legally issued, fully paid and
non-assessable.
We consent to the filing of this opinion with the Rule 24f-2 Notice attached
hereto.
Very truly yours,
/s/Kramer, Levin, Naftalis & Frankel
Kramer, Levin, Naftalis & Frankel
Enclosure
