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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
READ INSTRUCTIONS AT END OF FORM BEFORE PREPARING FORM.
PLEASE PRINT OR TYPE.
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1. Name and address of issuer:
Norwest Advantage Funds
61 Broadway, Suite 2770
New York, NY 10006
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2. Name of each series or class of funds for which this notice is filed:
Small Company Growth Fund
Large Company Growth Fund
Index Fund
Income Equity Fund
International Fund
Growth Equity Fund
Diversified Equity Fund
Managed Fixed Income Fund
Intermediate U.S. Government Fund
Conservative Balanced Fund
Moderate Balanced Fund
Growth Balanced Fund
Stable Income Fund
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3. Investment Company Act File Number: 811-4881
Securities Act File Number: 33-9645
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4. Last day of fiscal year for which this notice is filed:
October 31, 1995
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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 (see Instruction A.6):
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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:
Zero (0)
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8. Number and amount of securities registered during the fiscal year other
than pursuant to Rule 24f-2:
Zero (0)
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9. Number and aggregate sale price of securities sold during fiscal year:
Dollars Shares
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Small Company Growth Fund $ 252,184,730.38 11,128,758,722
Large Company Growth Fund 69,309,560.50 3,679,980,280
Index Fund 172,653,121.56 7,635,917,229
Income Equity Fund 48,335,031.81 2,457,150,290
International Fund 105,176,524.09 6,118,733,654
Growth Equity Fund 534,608,957.39 23,373,084,561
Diversified Equity Fund 685,361,028.81 30,041,334,711
Managed Fixed Income Fund 214,825,237.67 8,482,522,356
Intermediate U.S. Government Fund 69,925,100.20 2,246,797,367
Conservative Balanced Fund 156,543,772.05 9,549,820,946
Moderate Balanced Fund 406,543,570.86 23,212,684,545
Growth Balanced Fund 392,349,719.48 21,484,897,880
Stable Income Fund 73,322,659.38 7,185,816,245
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TOTAL $3,181,139,014.18 155,595,498,786
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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:
Dollars Shares
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TOTAL $3,181,139,014.18 155,595,498,786
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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 (see
Instruction B.7):
Zero (0)
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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 (from Item 10): $3,181,139,014.18
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(ii) Aggregate price of shares issued in
connection with dividend reinvestment
plans (from Item 11, if applicable): + 0
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(iii) Aggregate price of shares redeemed or
repurchased during the fiscal year
(if applicable): - 577,417,803.95
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(iv) Aggregate price of shares redeemed or
repurchased and previously applied as
a reduction to filing fees pursuant
to Rule 24c-2 (if applicable): + 0
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(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): 2,603,721,210.23
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(vi) Multiplier prescribed by Section 6(b) of
the Securities Act of 1933 or other
applicable law or regulation (see
Instruction C.6): x 1/5000
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(vii) Fee due [line (i) or line (v) multiplied
by line (vi)] $ 520,744.24
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INSTRUCTION: ISSUERS SHOULD COMPLETE LINES (ii), (iii), (iv), AND (v) ONLY IF
THE FORM IS BEING FILED WITHIN 60 DAYS AFTER THE CLOSE OF THE
ISSUER'S FISCAL YEAR. See Instruction C.3.
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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 (17 CFR 202.3a)
/X/
Date of mailing or WIRE TRANSFER of filing fees to the Commission's lockbox
depository:
November 15, 1995
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SIGNATURES
This report has been signed by the following persons on behalf of the
issuer and in the capacities and on the dates indicated.
By (Signature and Title)* /s/ David I. Goldstein,
Vice President and Secretary
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David I. Goldstein,
Vice President and Secretary
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Date November 14, 1995
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* Please print the name and title of the signing officer below the signature.
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November 14, 1995
Norwest Advantage Funds
61 Broadway
New York, New York 10006
Dear Sirs:
As secretary of Norwest Advantage Funds (the "Fund") and counsel for Forum
Financial Services, Inc. ("Forum"), administrator of the Fund, I am familiar
with the Fund's registration under the Investment Company Act of 1940 and with
the registration statement relating to the shares of beneficial interest, no par
value, of its separate investment portfolios that have a fiscal year ended
October 31, 1995 (the "Shares"), under the Securities Act of 1933 (File No. 33-
9645) (the "Registration Statement"). I have also examined such other
corporate records, agreements, documents and instruments as I deemed
appropriate.
Based upon the foregoing, it is my opinion that the Shares at the public
offering price and delivered by the Fund against receipt of the net asset value
of the Shares in compliance with the terms of the Registration Statement and the
requirements of applicable law during the fiscal year ended October 13, 1995,
were, when sold, duly and validly authorized, legally and validly issued, and
fully paid and non-assessable.
I consent to the filing of this opinion in connection with the Notice
pursuant to Rule 24f-2 under the Investment Company Act of 1941 for the fiscal
year ended October 31, 1995 to be filed on behalf of the Fund with the
Securities and Exchange Commission.
Sincerely,
/s/ David I. Goldstein
David I. Goldstein
Counsel,
Forum Financial Services, Inc.
Secretary,
Norwest Advantage Funds
