EXECUTIVE INVESTORS TRUST-BLUE CHIP FUND
Sub-Item 77M (a): Executive Investors Trust-Blue Chip Fund ("Executive Blue
Chip") was merged into First Investors Series Fund-Blue Chip Fund ("First
Investors Blue Chip").
Sub item 77M (b): At a meeting of the Board of Directors/Trustees of the
Funds held on October 21,1999, the Board, including its directors/trustees
who are not "interested persons" as that term is defined in the Investment
Company Act of 1940, as amended, considered the merits of the proposed
Reorganization and voted to approve the Agreement and Plan of Reorganization
and Termination by and between Executive Blue Chip and First Investors Blue
Chip ( the "Agreement"). The Agreement was executed on January 7, 2000 and
approved and adopted by shareholders of Executive Blue Chip at a Special
Meeting of Executive Blue Chip shareholders on February 25, 2000. Pursuant to
the Agreement, as of the close of business on March 14, 2000, First Investors
Blue Chip acquired the assets of Executive Blue Chip in exchange for shares
in First Investors Blue Chip and assumed the liabilities of Executive Blue
Chip. Executive Blue Chip distributed the shares of First Investors Blue Chip
to its shareholders and Executive Blue Chip was liquidated. Shareholders of
Executive Blue Chip received Class A shares of First Investors Blue Chip.
Sub Item 77Q1(g): First Investors Blue Chip (33-25623) incorporates by
reference the Prospectus/Proxy Statement for First Investors Blue Chip dated
January 14, 2000 electronically filed with the Commission on january 13,
2000 (Accession Number:0000898432-00-000041).
EXECUTIVE INVESTORS TRUST-BLUE CHIP FUND
Sub-Item 77C(a) and ( c): A special Meeting of Shareholders of Executive
Investors Trust -Blue Chip Fund("Executive Blue Chip") was held on February
25, 2000 to vote on a motion to adopt a resolution to approve an Agreement
and Plan of Reorganization and Termination between Executive Blue Chip and
First Investors Series Fund-Blue Chip Fund ("First Investors Blue Chip") and
the transactions contemplated thereby, including (a) the transfer of
substantially all of the assets of Executive Blue Chip to First Investors
Blue Chip in exchange for Class A shares of First Investors Blue Chip, (b)
the pro rata distribution of such shares to the shareholders of Executive
Blue Chip, and (c) complete liquidation of Executive Blue Chip.
A total of 97,255.426 shares of the beneficial interest of the Executive Blue
Chip Fund were voted FOR the adoption of said resolution, 2,410.615 shares of
beneficial interest were voted AGAINST the adoption of said resolution, and
5,630.174 shares of the beneficial interest of the Executive Blue Chip Fund
ABSTAINED from voting on the resolution. The resolution was adopted since the
majority of the votes cast in person or by proxy voted FOR the adoption of
the resolution.
