PHOENIX EDGE SERIES FUND
N-18F1, 1997-12-05
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                                  FORM N-18F-1




                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549






                 NOTIFICATION OF ELECTION PURSUANT TO RULE 18f-1

                    UNDER THE INVESTMENT COMPANY ACT OF 1940






                          THE PHOENIX EDGE SERIES FUND
                          ----------------------------
                            Exact Name of Registrant




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                            NOTIFICATION OF ELECTION


         The undersigned registered open-end investment company hereby notifies
the Securities and Exchange Commission that it elects to commit itself to pay in
cash all redemptions by a shareholder of record as provided by Rule 18f-1 under
the Investment Company Act of 1940. It is understood that this election is
irrevocable while such Rule is in effect unless the Commission by order upon
application permits the withdrawal of this Notification of Election.


                                    SIGNATURE

         Pursuant to the requirements of Rule 18f-1 under the Investment Company
Act of 1940, the registrant has caused this notification of election to be duly
executed on its behalf in the city of Hartford and the state of Connecticut on
the 5th day of December, 1997.


                                    THE PHOENIX EDGE SERIES FUND


                                    By:  /s/ Philip R. McLoughlin
                                         -----------------------------
                                         Philip R. McLoughlin
                                         President



Attest:  /s/ Thomas N. Steenburg
         ----------------------------
         Thomas N. Steenburg
         Assistant Secretary





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