EXHIBIT 77.H


77.H	CHANGES IN CONTROL OF REGISTRANT


Short Term Bond Fund (series #04):

Oregon Health Science University Foundation  (18.1%)


Because of their shareholdings, the above shareholder
has ceased a controlling interest in the above series
of CMC Fund Trust.  The controlling interest is subject
to change based upon the purchases and sales of the
controlling shareholder and other shareholders within
each of the Funds.



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