ANCHOR INVESTMENT MANAGEMENT CORP.
7022 Bennington Woods Drive
Pittsburgh, PA 15237
(412) 635-7610
Fax (412) 635-7611
Securities and Exchange Commission
Judiciary Plaza
450 Fifth street N.W.
Washington, D.C. 30549
RE: Rule 24f-2 Notice for Anchor Strategic Assets
Trust -- File No. 33-32262 811-05963
Dear Sir or Madam:
Enclosed please find a copy of Notice pursuant to
Rule 24f-2 of the investment Company Act of 1940 with
respect to the above-referenced registrant. Also enclosed
is an opinion of counsel regarding the validity of the
shares for which the Notice is filed. Filing fees in the
amount of $225.56 have been wired to the SEC's account at
Mellon Bank in Pittsburgh, PA.
Very truly yours,
Joseph Williams
Vice President
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
RULE 24-f NOTICE
(For FISCAL YEAR ENDED DECEMBER 31, 1995)
UNDER
THE INVESTMENT COMPANY ACT of 1940
Anchor Strategic Assets Trust
(Exact Name of Registrant as specified in Charter)
7022 Benninaton woods Drive. Pittsburgh. Pennavivania 15237
(Address of Principal Executive Offices)
Peter K. Blume, Esquire
Yukevich, Blume & Zangrilli
One Gateway Center, 6th Floor
Pittsburgh Pennsylvania 15222
(Name and Address of Agent for service)
Shares of Beneficial Interest, without par value
(Title of Securities with respect to which Notice is filed)
1. The following information is set forth pursuant to the
requirements of Rule 24f-2(b) (1):
(i) Fiscal year for which this Rule 24f-2 Notice is filed:
Fiscal year ended December 31, 1995.
(ii) Number of shares of beneficial interest of the
Registrant registered under the Securities Act of 1933,
other than pursuant to Section 270.24f-2 of the Regulations
under the Investment Company Act of 1940, but which remained
unsold at the beginning of such fiscal year: 0.
(iii) Number of shares of beneficial interest of the
Registrant registered during such fiscal year other
than pursuant to Section 270.24f-2 of the Regulations under
the Investment Company Act of 1940: 0.
(iv) Number of shares of beneficial interest of the
Registrant sold during such fiscal year: 227,990
(v) Number of shares of beneficial interest of the
Registrant sold during such fiscal year in reliance
upon registration pursuant to Section 270.24f-2 of the
Regulations under the Investment Company Act of 1940:
227,990.
2. An opinion of counsel with respect to the validity of
the shares accompanies this Notice.
3. Filing fees in the amount of $ 225.56 have been wired
to the SEC account at Mellon Bank, Pittsburgh, PA
ANCHOR STRATEGIC ASSETS
TRUST
By:
_____________________________
Joseph C. Williams
Vice President
_____________________
The actual aggregate sales price for which such shares were sold
was $ 1,035,489. During the fiscal year ended December 31, 1995,
the actual aggregate redemption price of securities redeemed by
the Registrant (87,525 shares) was $ 381,325. No portion of such
aggregate redemption price has been applied by the Registrant
pursuant to Section 24(e) (1) of the Investment Company Act of
1940. Pursuant to Rule 24f-2(c) and to Section 6(b) of the
Securities Act of 1933, the filing fee with respect to such
shares is calculated as follows: $ 1,035,489 - $ 381,325 = $
654,164. $ 654,164 x .0003448 = $ 225.56.
YUKEVICH, BLUME, MARCHETTI & ZANGRILLI, PC.
ATTORNEYS AT LAW
ONE GATEWAY CENTER. SIXTH FLOOR
PITTSBURGH. PENNSYLVANIA 15222
writer's Direct Dial
(412) 261-6779
TELEPHONE 4121261-8777
TELECOPIER 4121261-67e9
February 23, 1996
Anchor Strategic Assets Trust
7022 Bennington Woods Drive
Pittsburgh, PA 15237
RE: Rule 24f-2 Notice for Anchor Strategic Assets Trust
Dear Sirs:
You have requested our opinion in accordance with the
requirements of Rule 24f-2(b) (1) under the Investment Company
Act of 1940, as amended, as it relates to shares of beneficial
interest issued during the fiscal year ended December 31, 1995 by
Anchor Strategic Assets Trust, a Massachusetts business trust
with transferable shares (the "Trust") , established under a
Declaration of Trust dated September 22, 1989 (the "Declaration")
We have acted as counsel to the Trust in connection with the
drafting, execution and delivery of the Rule 24f-2 Notice. In
this connection, we have reviewed the Prospectus and Statement of
Additional Information included in the Trust's Registration
Statement amendment on Form N-lA, the Declaration, the By-Laws of
the Trust, Certificates of Trustees and Officers of the Trust and
of public officials as to matters of fact, the prior opinions of
counsel responsible for the organization of the Trust, and such
other documents and instruments, certified or otherwise
identified to our satisfaction, and such questions of law and
fact as we have considered necessary or appropriate for purposes
of the opinions expressed herein. We have assumed the
genuineness of the signatures on, and the authenticity of, all
documents furnished to us, and the conformity to the originals of
documents submitted to us as certified copies, which facts we
have not independently verified.
Anchor Strategic Assets Trust
February 23, 1996
Page 2
Based upon and subject to the foregoing, we hereby advise you
that, in our opinion, the Trust is authorized to issue an
unlimited number of shares of beneficial interest of the Trust,
without par value (the Shares) , and the Shares issued during the
fiscal year ended December 31, 1995 have been legally issued and
are fully paid and non-assessable. In this connection, we note
that the shareholders of a Massachusetts business trust under
some circumstances may be subject to assessment at the instance
of creditors to pay the obligations of such trust in the event
that trust assets are insufficient to do so.
We hereby consent to the filing of this opinion with the
Securities and Exchange Commission in connection with the Trust's
Rule 24f-2 Notice. In giving such consent, we do not thereby
admit that we come within the category of persons whose consent
is required under Section 7 of the Securities Act of 1933, as
amended.
Very truly yours,
YUKEVICH, BLUME, MARCHETTI
& ZANGRILLI, P.C.
