To the Board of Trustees of
The Huntington Funds
and the
Securities and Exchange Commission:
We have examined management's assertion about The Huntington Funds' (the Funds)
compliance with the requirements of subsections (b) and (c) of Rule 17f-2 under
the Investment Company Act of 1940 (the Act) as of May 31, 2000 and for the
period from February 29, 2000 (the date of our last examination) through May 31,
2000, included in the accompanying Management Statement Regarding Compliance
With Certain Provisions of the Investment Company Act of 1940. Management is
responsible for the Funds' compliance with those requirements. Our
responsibility is to express an opinion on management's assertion about the
Funds' compliance based on our examination.
Our examination was made in accordance with standards established by the
American Institute of Certified Public Accountants and, accordingly, included
examining, on a test basis, evidence about the Funds' compliance with those
requirements and performing such other procedures as we considered necessary in
the circumstances. Included among our procedures were the following tests
performed as of May 31, 2000 and for the period from February 29, 2000 (the date
of our last examination) through May 31, 2000, with respect to securities
transactions, without prior notice to management:
1. Confirmation of all securities held as of May 31, 2000 by institution
in book entry form by the Federal Reserve Bank, Bank of New York and
Depository Trust Corporation;
2. Verification of all securities purchased/sold but not received/
delivered and securities in transit as of May 31, 2000 via examination
of the underlying trade ticket or broker confirmation;
3. Reconciliation of all such securities to the books and records of the
Funds and the Huntington Trust Company, N.A.;
4. Confirmation of all repurchase agreements as of May 31, 2000 with
brokers/banks and agreement of underlying collateral with the
Huntington Trust Company, N.A. records;
5. Agreement of 10 selected security purchases and 10 selected security
sales since our last report date from the books and records of the
Funds to broker confirmations during the period from February 29, 2000
through May 31, 2000.
We believe that our examination provides a reasonable basis for our opinion. Our
examination does not provide a legal determination on the Funds' compliance with
specified requirements.
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In our opinion, management's assertion that the Funds were in compliance with
the above mentioned provisions of Rule 17f-2 of the Investment Company Act of
1940 as of May 31, 2000 and for the period from February 29, 2000 through May
31, 2000 is fairly stated, in all material respects.
This report is intended solely for the information and use of management of the
Funds and the Securities and Exchange Commission and is not intended to be and
should not be used by anyone other than these specified parties.
Columbus, Ohio
July 5, 2000
