FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
1. Name and address of issuer:
The Ehrenkrantz Trust
598 Madison Ave., 14th Floor
New York, NY 10022
2. Name of each series or class of funds for which this notice is filed:
Ehrenkrantz Growth Fund
3. Investment Company Act File Number: 3-10888
Securities Act File Number: 33-10888
4. Last day of fiscal year for which this notice is filed: 12-31-96
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 (see instruction A.6):
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:
N/A
8. Number and amount of securities registered during the fiscal year other
than pursuant to rule 24f-2:
N/A
9. Number and aggregate sale price of securities sold during the fiscal year:
Number Price
32,701,209 $182,534.28
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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:
Number Price
32,701,209 $182,534.28
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):
Number Price
45,857,699 $250,383.02
12. Calculation of registration fee:
(I) Aggregate sale price of securities sold during the
fiscal year in reliance of rule 24f-2
from Item 10): $ 182,534.28
(ii) Aggregate price of shares issued in connection
with dividend reinvestment plans (from Item 11
if applicable.) + $250,383.02
(iii) Aggregate price of shares redeemed
or repurchased during the fiscal year
(if applicable): 1,005,817.76
(iv) Aggregate price of shares redeemed or repurchased
and previously applied as a reduction to a 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 of rule 24f-2
[line (i), plus line (ii), less line (iii), plus
line (iv) (if applicable): (572,900.46)
(vi) Multiplier prescribed by Section 6(b) of the
Securities Act of 1933 or other applicable law
or regulation (see Instruction C.6): x 1/29 of 1%
(vii) Fee due [line (I) or line (v) multiplied by
line (vii)]: $ 0
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.
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:
N/A
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/ Joan King
Joan King, Secretary, Treasurer
Date 2/6/97
* Please print the name and title of the signing officer below the signature
Law Offices
Roberts & Henry
504 Talbot Street
P.O. Box 1138
St. Michaels, MD 21663
(410) 822-4456
January 31, 1997
The Ehrenkrantz Trust
598 Madison Ave., 14th Floor
New York, NY 10022
Gentlemen:
We have examined the Declaration of Trust of the Ehrenkrantz Trust (the
"Fund"), a Massachusetts Business Trust, the By-laws, and other various
pertinent Fund documents that we deem material to this Opinion. We have also
examined Amendment 4 to the Fund's Registration Statement under the
Investment Company Act of 1940, as amended ("Investment Company Act").
The Fund is authorized to issue an unlimited number of shares of beneficial
interest without par value.
The Fund has filed with the United States Securities and Exchange Commission
(the "Commission") an election to register an indefinite number of shares
pursuant to the provisions of Rule 24f-2 under the Investment Company Act.
You have advised us that each year during which shares are sold pursuant to
the election, the Fund will timely file a notice pursuant to Rule 24f-2
perfecting the registration of the shares of each Series sold by the Fund
during each fiscal year during which such election to register an indefinite
number of shares remains in effect. In connection with the Rule 24f-2
Notice for the fiscal year ended December 31, 1996, you have requested that
we provide you with the opinion contained herein.
Based upon the foregoing information and examination, it is our opinion that
the shares of the Fund, the registration of which the Fund's Rule 24f-2
Notice for the fiscal year ended December 31, 1996 makes definite in number,
were legally issued, fully paid and non-assessable.
We hereby consent to the use of this Opinion with the Rule 24f-2 Notice.
Very truly yours,
/s/ Thomas C. Henry
Thomas C. Henry
TCH/pct
cc: Ms. Joan King
