UNITED STATES
SECURITY AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
ANNUAL NOTICE OF SECURITIES SOLD
PURSUANT TO RULE 24F-2
1 Name and Address of Issuer:
Saturna Investment Trust
1300 North State Street
Bellingham, WA 98225
2 The name of each series or class of securities for which this notice is
filed (If the Form is being
filed for all series and classes of securities of the issuer, check the
box but do not list series of
classes):
Sextant Growth Fund
Idaho Tax Exempt Fund
Sextant Bond Income Fund
Sextant Short Term Bond Fund
Sextant International Fund
3 Investment Company Act File Number: 811-5071
Securities Act File Number: 33-13247
4(a) Last day of fiscal year for which this notice is filed:
November 30, 1998
4(b) Check box if this form is being filed late (i.e., more than 90
calendar days after the end of the
issuer's fiscal year). (See instruction A.2)
Note: If the Form is being filed late, interest must be paid on the
registration fee due.
5 Calculation of registration fee:
(i) Aggregate Sale price of securities sold during the fiscal year
pursuant to section 24 (f) $4,644,841.00
(ii) Aggregate price of securities redeemed or repurchased
during the fiscal year: $4,143,668.00
(iii)Aggregate sale price of securities redeemed or repurchased during any
prior fiscal year ending no earlier than October 11, 1995 that were
not previously used to reduce registration
fees payable to the Commission: $
- 00.0
(iv) Total available redemption credits [add Items 5(ii) and 5(iii)]:
$4,143,668.00
(v) Net Sales - if Item 5(i) is greater than Item 5(iv)
[subtract Item 5(iv) from Item 5(i)]:
$501,173.00
(vi) Redemption credits available for use in future years -
if Item 5(i) is less than Item 5(iv) [subtract Item 5(iv)
from Item 5(i)]: $
- 00.0
(vii) Multiplier for determining registration fee (See
Instruction C.9): x 0.000278
(viii) Registration fee due [multiply Item 5(v) by Item
5(vii)] (enter "0" if no fee is due): = $
139.33
6 Prepaid Shares
If the response to Item 5(i) was determine by deducting an amount of
securities that were registered under the
Securities Act of 1933 pursuant to rule 24e-2 as in effect before October
11, 1997, then report the amount of securities
(number of shares or other units) deducted here: _____N/A________ . If
there is a number of shares or other units
that were registered pursuant to rule 24e-2 remaining unsold at the end of
the fiscal year for which this form is filed
that are available for use by the issuer in future years, then state that
number here: _____N/A_______.
7 Interest due - if this Form is being filed moe than 90 days after the
end of the issuer's fiscal year
(see Instruction D): = 0.00
8 Total of the amount of the registration fee due plus any interest due
[line 5(viii) plus line 7]: $139.33
9 Date of the registration fee and any interest payment was sent to the
Comission's lockbox
depository:
Method of Delivery:
Wire Transfer $139.33
Mail or other means ---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/ Teresa K. Anders /s/ Teresa
K. Anderson
Treasurer
Date 01/20/1999
