AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON JULY 6, 1995
File Nos. 33-34079 and 811-06071
================================================================================
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-1A
REGISTRATION STATEMENT UNDER
THE SECURITIES ACT OF 1933
POST-EFFECTIVE AMENDMENT NO. 16
AND
REGISTRATION STATEMENT UNDER
THE INVESTMENT COMPANY ACT OF 1940
AMENDMENT NO. 19
BT INSTITUTIONAL FUNDS
(Exact Name of Registrant as Specified in Charter)
6 ST. JAMES AVENUE, BOSTON, MASSACHUSETTS 02116
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, including Area Code: 617-423-0800
PHILIP W. COOLIDGE Copies to: Burton M. Leibert, Esq.
SIGNATURE BROKER-DEALER SERVICES, INC. Willkie Farr & Gallagher
6 ST. JAMES AVENUE One Citicorp Center
BOSTON, MASSACHUSETTS 02116 153 East 53rd Street
(Name and Address of Agent for Service) New York, New York 10022
It is proposed that this filing will become effective (check
appropriate box)
[ ] immediately upon filing pursuant to paragraph (b)
[ ] on (Date) pursuant to paragraph (b)
[x] 60 days after filing pursuant to paragraph (a)(i)
[ ] on (date) pursuant to paragraph (a)(i)
[ ] 75 days after filing pursuant to paragraph (a)(ii)
[ ] on (date) pursuant to paragraph (a)(ii) of rule 485.
If appropriate, check the following box:
[x] this post-effective amendment designates a new effective date
for a previously filed post-effective amendment.
CASH MANAGEMENT PORTFOLIO, TREASURY MONEY PORTFOLIO, TAX FREE MONEY PORTFOLIO,
NY TAX FREE MONEY PORTFOLIO, EQUITY INDEX 500 PORTFOLIO, CAPITAL APPRECIATION
PORTFOLIO, SHORT/INTERMEDIATE U.S. GOVERNMENT SECURITIES PORTFOLIO AND BT
INVESTMENT PORTFOLIOS HAVE ALSO EXECUTED THIS REGISTRATION STATEMENT.
<PAGE>
REGISTRANT HAS REGISTERED AN INDEFINITE NUMBER OF ITS SHARES OF BENEFICIAL
INTEREST PURSUANT TO RULE 24F-2 UNDER THE INVESTMENT COMPANY ACT OF 1940.
REGISTRANT FILED THE NOTICE REQUIRED BY RULE 24F-2 ON FEBRUARY 28, 1995 FOR
REGISTRANT'S FISCAL YEAR ENDED
DECEMBER 31, 1994.
BT0449
<PAGE>
EXPLANATORY NOTE
This Post-Effective Amendment No. 16 (the "Amendment") to the Registrant's
Registration Statement on Form N-1A is being filed with respect to Institutional
Liquid Assets Fund, a series of shares of the Registrant. The Amendment is being
filed solely to (i) correct the audited balance sheet in the Statement of
Additional Information and (ii) include an additional exhibit. Parts A and B
(except for the corrected audited balance sheet) from Post-Effective Amendment
No. 15 the Registration Statement, as filed with the Securities and Exchange
Commission on July 5, 1995, are incorporated herein by reference.
Institutional Cash Management Fund, Institutional Cash Reserves, Institutional
Treasury Money Fund, Institutional Tax Free Money Fund, Institutional NY Tax
Free Money Fund, Equity 500 Index Fund and Short/Intermediate U.S. Government
Securities Fund are each a series of shares of the Registrant and are each
offered by separate Prospectuses included in Post-Effective Amendment 12 to the
Registrant's Registration Statement. This Amendment does not relate to, amend or
otherwise affect any of the separate Prospectuses contained in the
Post-Effective Amendment 12, and pursuant to Rule 485(d) under the Securities
Act of 1933, the Amendment does not affect the effectiveness of such
Post-Effective Amendment.
BT0449
<PAGE>
BT INSTITUTIONAL FUNDS
INSTITUTIONAL LIQUID ASSETS FUND
STATEMENT OF ASSETS AND LIABILITIES
June 26, 1995
ASSETS:
Cash . . . . . . . . . . . . . . . . . . . . . . . . . $ 10
Deferred organization expenses . . . . . . . . . . . . 10,000
-------
Total assets . . . . . . . . . . . . . . . . . 10,010
LIABILITIES:
Accrued organization expenses . . . . . . . . . . . . 10,000
-------
Net assets . . . . . . . . . . . . . . . . . . $ 10
NET ASSET VALUE, REDEMPTION PRICE AND OFFERING PRICE PER
SHARE OF BENEFICIAL INTEREST ($10 / 10 SHARES
OUTSTANDING) . . . . . . . . . . . . . . . . . . . . . . . . $1.00
=======
NOTES:
(1) BT Institutional Funds, a Massachusetts business trust (the "Trust"),
established and designated the Institutional Liquid Assets Fund (the
"Fund") as a separate series on May 3, 1995 which has been inactive
since that date, except for matters relating to the Fund's
establishment and designation and the registration under the Securities
Act of 1933 of the Fund's shares of beneficial interest ("Shares") and
the sale on June 21, 1995 of an aggregate of 10 Shares ("Initial
Shares") of the Fund to Signature Financial Group, Inc. ("SFG"). The
Fund is one of ten investment funds of the Trust.
(2) Organization expenses of the Fund are being deferred and will be
amortized on a straight line basis over a period not to exceed five
years that commences on the effective date of the Trust's Registration
Statement on Form N-1A with respect to the Fund. The amount paid by the
Trust on any redemption by SFG or any other then-current holder of the
Initial Shares will be reduced by a portion of any unamortized
organization expenses, determined by the proportion of the number of
the Initial Shares redeemed to the number of Initial Shares then
outstanding after taking into account any prior redemptions of the
Initial Shares.
(3) The Trust has entered into i) an Administration and Services Agreement
with Bankers Trust Company under which Bankers Trust Company provides
administration, custody, transfer agency and shareholder services to
the Trust and ii) a Distribution Agreement with Signature Broker-Dealer
Services, Inc.
<PAGE>
COOPERS & LYBRAND L.L.P.
City Center Square
1100 Main Street
Suite 900
Kansas City, Missouri 64105-2140
REPORT OF INDEPENDENT ACCOUNTANTS
To the Trustees and Shareholders of
BT Institutional Funds:
We have audited the accompanying statement of assets and liabilities of the
Institutional Liquid Assets Fund (one of the funds comprising BT Institutional
Funds) as of June 26, 1995. This financial statement is the responsibility of
the Fund's management. Our responsibility is to express an opinion on this
financial statement based on our audit.
We conducted our audit in accordance with generally accepted auditing standards.
Those standards require that we plan and perform the audit to obtain reasonable
assurance about whether the financial statement is free of material
misstatement. An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statement. An audit also includes
assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement presentation.
We believe that our audit provides a reasonable basis for our opinion.
In our opinion, the financial statement referred to above presents fairly, in
all material respects, the financial position of the Institutional Liquid Assets
Fund of BT Institutional Funds as of June 26, 1995, in conformity with generally
accepted accounting principles.
/s/COOPERS & LYBRAND L.L.P.
Kansas City, Missouri
June 27, 1995
<PAGE>
PART C
OTHER INFORMATION
ITEM 24. FINANCIAL STATEMENTS AND EXHIBITS
(a) FINANCIAL STATEMENTS INCLUDED IN PART B
FOR THE REGISTRANT:
Institutional Liquid Assets Portfolio:
Statement of Assets and Liabilities, June 26, 1995
Institutional Cash Management Fund, Institutional Treasury
Money Fund, Equity 500 Index Fund, Institutional Cash
Reserves and Short/Intermediate U.S. Government Securities
Fund:
Statement of Assets and Liabilities, December 31, 1994
Statement of Operations for the periods indicated
Statement of Changes in Net Assets for the periods indicated
Financial Highlights: Selected data for the periods indicated
Notes to Financial Statements
Report of Independent Accountants
FOR CASH MANAGEMENT PORTFOLIO, TREASURY MONEY PORTFOLIO, TAX
FREE MONEY PORTFOLIO, NY TAX FREE MONEY PORTFOLIO, EQUITY
500 INDEX PORTFOLIO AND SHORT/INTERMEDIATE U.S. GOVERNMENT
SECURITIES PORTFOLIO:
Statement of Assets and Liabilities, December 31, 1994
Statement of operations for the periods indicated
Statement of Changes in Net Assets for the periods indicated
Financial Highlights: Supplemental ratios and selected data
for the periods indicated
Schedule of Portfolio Investments, December 31, 1994
Notes to Financial Statements
Report of Independent Accountants
(b) EXHIBITS:
(1A) Amended and Restated Declaration of Trust of the
Trust.5
(1B) Fifth Amended and Restated Establishment and
Designation of Series of the Trust.5
(1C) Sixth Amended and Restated Establishment and
Designation of Series of the Trust.5
<PAGE>
(1D) Seventh Amended and Restated Establishment and
Designation of Series of the Trust.5
(1E) Eighth Amended and Restated Establishment and
Designation of Series of the Trust.5
(1F) Ninth Amended and Restated Establishment and
Designation of Series of the Trust.5
(1G) Tenth Amended and Restated Establishment and
Designation of Series of the Trust.5
(2) By-Laws of the Trust.5
(3) Inapplicable.
(4) Specimen stock certificates for shares of
beneficial interest of the Trust.1
(5) Inapplicable.
(6) Distribution Agreement.5
(7) Inapplicable.
(8) See Item (9).
(9A) Administration and Services Agreement.5
(9B) Schedule of fees under Administration and Service
Agreement.7
(10) Opinion of counsel.5
(11) Consent of independent accountants.6
(12) Inapplicable.
(13A) Investment representation letter of initial
shareholder of the Equity 500 Index Fund.3
(13B) Investment representation letter of initial
shareholder of the Institutional Liquid Assets Fund.5
(14) Inapplicable.
(15A) Plan of Distribution pursuant to Rule 12b-l under the
Investment Company Act of 1940, as amended (the "1940
Act").4
(15B) Schedule of fees under Plan of Distribution.5
(16A) Method of computation of performance
information for money market funds.2
<PAGE>
(16B) Method of computation of performance
information for non-money market funds.3
(17) Financial Data Schedules.5
(25) Powers of Attorney.4
1 Incorporated herein by reference from Pre-Effective
Amendment No. 1 to the Registration Statement as filed
with the SEC on July 20, 1990.
2 Incorporated herein by reference from Post-Effective
Amendment No. 1 to the Registration Statement as filed
with the SEC on February 29, 1991.
3 Incorporated herein by reference from Post-Effective
Amendment No. 4 to the Registration Statement as filed
with the SEC on April 30, 1992.
4 Incorporated herein by reference from Post-Effective
Amendment No. 6 to the Registration Statement as filed
with the SEC on January 29, 1993.
5 Incorporated herein by reference from Post-Effective
Amendment No. 15 to the Registration Statement as filed
with the SEC on July 5, 1995.
6 Filed herewith.
ITEM 25. PERSONS CONTROLLED BY OR UNDER COMMON CONTROL WITH THE TRUST.
Inapplicable.
ITEM 26. NUMBER OF HOLDERS OF SECURITIES.
TITLE OF CLASS: NUMBER OF RECORD HOLDERS (AS OF APRIL 20, 1995)
Institutional Cash Management Fund: 524
Institutional Treasury Money Fund: 217
Institutional Tax Free Money Fund: 0
Institutional NY Tax Free Money Fund: 0
Equity 500 Index Fund: 29
BT Institutional Capital Appreciation Fund: 0
Short/Intermediate U.S. Government Securities Fund: 1
Liquid Assets Fund: 0
Institutional Cash Reserves: 103
ITEM 27. INDEMNIFICATION.
Under Article XI, Section 2 of the Trust's Declaration of Trust, any
past or present Trustee or officer of the Trust (including persons who serve at
the Trust's request as directors,
<PAGE>
officers or trustees of another organization in which the Trust has any interest
as a shareholder, creditor or otherwise [hereinafter referred to as a "Covered
Person"]) is indemnified to the fullest extent permitted by law against
liability and all expenses reasonably incurred by him in connection with any
action, suit or proceeding to which he may be a party or otherwise involved by
reason of his being or having been a Covered Person. This provision does not
authorize indemnification when it is determined, in the manner specified in the
Declaration of Trust, that such Covered Person has not acted in good faith in
the reasonable belief that his actions were in or not opposed to the best
interests of the Trust. Moreover, this provision does not authorize
indemnification when it is determined, in the manner specified in the
Declaration of Trust, that such Covered Person would otherwise be liable to the
Trust or its shareholders by reason of willful misfeasance, bad faith, gross
negligence or reckless disregard of his duties. Expenses may be paid by the
Trust in advance of the final disposition of any action, suit or proceeding upon
receipt of an undertaking by such Covered Person to repay such expenses to the
Trust in the event that it is ultimately determined that indemnification of such
expenses is not authorized under the Declaration of Trust and either (i) the
Covered Person provides security for such undertaking, (ii) the Trust is insured
against losses from such advances or (iii) the disinterested Trustees or
independent legal counsel determines, in the manner specified in the Declaration
of Trust, that there is reason to believe the Covered Person will be found to be
entitled to indemnification.
Insofar as indemnification for liability arising under the Securities
Act of 1933, as amended (the "1933 Act"), may be permitted to Trustees, officers
and controlling persons of the Trust pursuant to the foregoing provisions, or
otherwise, the Trust has been advised that in the opinion of the SEC such
indemnification is against public policy as expressed in the 1933 Act and is,
therefore, unenforceable. In the event that a claim for indemnification against
such liabilities (other than the payment by the Trust of expenses incurred or
paid by a Trustee, officer or controlling person of the Trust in the successful
defense of any action, suit or proceeding) is asserted by such Trustee, officer
or controlling person in connection with the securities being registered, the
Trust will, unless in the opinion of its counsel the matter has been settled by
controlling precedent, submit to a court of appropriate jurisdiction the
question whether such indemnification by it is against public policy as
expressed in the 1933 Act and will be governed by the final adjudication of such
issue.
ITEM 28. BUSINESS AND OTHER CONNECTIONS OF INVESTMENT ADVISER.
Inapplicable.
ITEM 29. PRINCIPAL UNDERWRITERS.
(a) Signature Broker-Dealer Services, Inc. ("Signature"), the
<PAGE>
distributor of the Shares of the Trust, also serves as principal
underwriter for other investment companies.
(b) Set forth below are the names, principal business addresses and
positions of each director and officer of Signature. Unless otherwise
noted, the principal business address of these individuals is Signature
Broker-Dealer Services, Inc., 6 St. James Avenue, Boston, Massachusetts
02116. Unless otherwise specified, none of the officers and directors
of Signature serve as officers and Trustees of the Trust.
PHILIP W. COOLIDGE: Chief Executive Officer, President and
Director of Signature and President and Trustee of the
Registrant.
JAMES B. CRAVER: Secretary and Senior Vice President of
Signature and Secretary and Treasurer of the Registrant.
LINWOOD C. DOWNS: Treasurer of Signature.
THOMAS M. LENZ: Assistant Secretary of Signature and Assistant
Secretary of the Registrant.
MOLLY S. MUGLER: Assistant Secretary of Signature and Assistant
Secretary of the Registrant.
LINDA T. GIBSON: Assistant Secretary of Signature and Assistant
Secretary of the Registrant.
ANDReS E. SALDAnA: Assistant Secretary of Signature and
Assistant Secretary of the Registrant.
SUSAN JAKUBOSKI: Assistant Treasurer of Signature.
BARBARA M. O'DETTE: Assistant Treasurer of Signature and
Assistant Treasurer of the Registrant.
BETH A. REMY: Assistant Treasurer of Signature.
JULIE J. WYETZNER: Product Management Officer of Signature.
CHRISTOPHER W. TOMECEK: Director and Senior Vice President of
Signature.
ROBERT G. DAVIDOFF: Director of Signature; CMNY Capital, L.P,
135 East 57th Street, New York, NY 10022.
KATE B.M. BOLSOVER: Director of Signature; Signature Financial
Group (Europe), Ltd., 49 St. James's Street, London SW1A 1JT.
<PAGE>
DONALD S. CHADWICK: Director of Signature; Scarborough &
Company, 110 East 42nd Street, New York, NY 10017.
LEEDS HACKETT: Director of Signature; National Credit Management
Corporation, 10155 York Road, Cockeysville, MD 21030.
LAURENCE E. LEVINE: Director of Signature; First International
Capital, Ltd., 130 Sunrise Avenue, Palm Beach, FL 33480.
(c) Inapplicable.
ITEM 30. LOCATION OF ACCOUNTS AND RECORDS.
BT INSTITUTIONAL FUNDS: 6 St. James Avenue, Boston, MA 02116.
BANKERS TRUST COMPANY: 280 Park Avenue, New York, NY 10017.
INVESTORS FIDUCIARY TRUST COMPANY: 127 West 10th Street, Kansas
City, MO 64105.
SIGNATURE BROKER-DEALER SERVICES, INC.: 6 St. James Avenue,
Boston, MA 02116.
ITEM 31. MANAGEMENT SERVICES.
Not applicable.
ITEM 32. UNDERTAKINGS.
(a) The Registrant undertakes to file a post-effective amendment,
including financials, which need not be certified, within four to six months
following the effectiveness of the Fund. The financial statements included in
such amendment(s) will be as of and for the time period ended on a date
reasonably close or as soon as practicable to the date of the filing of this
post-effective amendment.
(b) The Registrant undertakes to furnish to each person to whom a
prospectus is delivered a copy of the Registrant's latest annual report, with
respect to the respective series of the Trust, to shareholders upon request and
without charge.
(c) The Registrant undertakes to comply with Section 16(c) of the 1940
Act as though such provisions of the Act were applicable to the Registrant
except that the request referred to in the third full paragraph thereof may only
be made by shareholders who hold in the aggregate at least 10% of the
outstanding shares of the Registrant, regardless of the net asset value or
values of shares held by such requesting shareholders.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 (the "1933
Act") and the Investment Company Act of 1940, as amended, the Registrant
certifies that it has duly caused this Amendment to Registrant's Registration
Statement on Form N-1A to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Boston and the Commonwealth of Massachusetts on
the 12th day of June, 1995.
BT INSTITUTIONAL FUNDS
By: /s/JAMES B. CRAVER
-----------------------------
James B. Craver
Treasurer
Pursuant to the requirements of the Securities Act of 1933, this
Amendment has been signed below by the following persons in the capacities
indicated on June 12, 1994.
/s/PHILIP W. COOLIDGE
- --------------------------------------
Philip W. Coolidge, President and Trustee
BRUCE E. LANGTON*
- --------------------------------------
Bruce E. Langton, Trustee
RICHARD J. HERRING*
- --------------------------------------
Richard J. Herring, Trustee
/s/JAMES B. CRAVER
-------------------------------------
James B. Craver, Treasurer
(Principal Financial and Principal Accounting Officer)
*By: /s/JAMES B. CRAVER
--------------------------------
James B. Craver
as Attorney-in-Fact pursuant to a Power of Attorney previously filed.
<PAGE>
SIGNATURES
Cash Management Portfolio has duly caused this Amendment to the
Registration Statement on Form N-1A of BT Institutional Funds (File No.
33-34079) to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Boston and the Commonwealth of Massachusetts on the
12th day of June, 1995.
CASH MANAGEMENT PORTFOLIO
By: /s/JAMES B. CRAVER
---------------------------------
James B. Craver
Treasurer
This Amendment to the Registration Statement on Form N-1A of BT
Institutional Funds (File No. 33-34079) has been signed below by the following
persons in the capacities indicated on June 12, 1995.
/s/PHILIP W. COOLIDGE
- --------------------------------------
Philip W. Coolidge , President and Trustee
CHARLES P. BIGGAR*
- --------------------------------------
Charles P. Biggar, Trustee of Cash Management Portfolio
S. LELAND DILL*
- --------------------------------------
S. Leland Dill, Trustee of Cash Management Portfolio
/s/JAMES B. CRAVER
- --------------------------------------
James B. Craver, Treasurer
(Principal Financial and Principal Accounting Officer)
*By: /s/JAMES B. CRAVER
--------------------------------
James B. Craver
as Attorney-in-Fact pursuant to a Power of Attorney previously filed.
<PAGE>
SIGNATURES
Treasury Money Portfolio has duly caused this Amendment to the
Registration Statement on Form N-1A of BT Institutional Funds (File No.
33-34079) to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Boston and the Commonwealth of Massachusetts on the
12th day of June, 1995.
TREASURY MONEY PORTFOLIO
By: /s/JAMES B. CRAVER
---------------------------------
James B. Craver
Treasurer
This Amendment to the Registration Statement on Form N-1A of BT
Institutional Funds (File No. 33-34079) has been signed below by the following
persons in the capacities indicated on June 12, 1995.
/s/PHILIP W. COOLIDGE
- --------------------------------------
Philip W. Coolidge , President and Trustee
CHARLES P. BIGGAR*
- --------------------------------------
Charles P. Biggar, Trustee of Treasury Money Portfolio
S. LELAND DILL*
- --------------------------------------
S. Leland Dill, Trustee of Treasury Money Portfolio
/s/JAMES B. CRAVER
- --------------------------------------
James B. Craver, Treasurer
(Principal Financial and Principal Accounting Officer)
*By: /s/JAMES B. CRAVER
--------------------------------
James B. Craver
as Attorney-in-Fact pursuant to a Power of Attorney previously filed.
<PAGE>
SIGNATURES
Tax Free Money Portfolio has duly caused this Amendment to the
Registration Statement on Form N-1A of BT Institutional Funds (File No.
33-34079) to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Boston and the Commonwealth of Massachusetts on the
12th day of June, 1995.
TAX FREE MONEY PORTFOLIO
By: /s/JAMES B. CRAVER
---------------------------------
James B. Craver
Treasurer
This Amendment to the Registration Statement on Form N-1A of BT
Institutional Funds (File No. 33-34079) has been signed below by the following
persons in the capacities indicated on June 12, 1995.
/s/PHILIP W. COOLIDGE
- --------------------------------------
Philip W. Coolidge , President and Trustee
CHARLES P. BIGGAR*
- --------------------------------------
Charles P. Biggar, Trustee of Tax Free Money Portfolio
S. LELAND DILL*
- --------------------------------------
S. Leland Dill, Trustee of Tax Free Money Portfolio
/s/JAMES B. CRAVER
- --------------------------------------
James B. Craver, Treasurer
(Principal Financial and Principal Accounting Officer)
*By: /s/JAMES B. CRAVER
--------------------------------
James B. Craver
as Attorney-in-Fact pursuant to a Power of Attorney previously filed.
<PAGE>
SIGNATURES
NY Tax Free Money Portfolio has duly caused this Amendment to the
Registration Statement on Form N-1A of BT Institutional Funds (File No.
33-34079) to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Boston and the Commonwealth of Massachusetts on the
12th day of June, 1995.
NY TAX FREE MONEY PORTFOLIO
By: /s/JAMES B. CRAVER
---------------------------------
James B. Craver
Treasurer
This Amendment to the Registration Statement on Form N-1A of BT
Institutional Funds (File No. 33-34079) has been signed below by the following
persons in the capacities indicated on June 12, 1995.
/s/PHILIP W. COOLIDGE
- --------------------------------------
Philip W. Coolidge , President and Trustee
CHARLES P. BIGGAR*
- --------------------------------------
Charles P. Biggar, Trustee of NY Tax Free Money Portfolio
S. LELAND DILL*
- --------------------------------------
S. Leland Dill, Trustee of NY Tax Free Money Portfolio
/s/JAMES B. CRAVER
- --------------------------------------
James B. Craver, Treasurer
(Principal Financial and Principal Accounting Officer)
*By: /s/JAMES B. CRAVER
--------------------------------
James B. Craver
as Attorney-in-Fact pursuant to a Power of Attorney previously filed.
<PAGE>
SIGNATURES
BT Investment Portfolios has duly caused this Amendment to the
Registration Statement on Form N-1A of BT Institutional Funds (File No.
33-34079) to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Boston and the Commonwealth of Massachusetts on the
12th day of June, 1995.
BT INVESTMENT PORTFOLIOS
By: /s/JAMES B. CRAVER
---------------------------------
James B. Craver
Treasurer
This Amendment to the Registration Statement on Form N-1A of BT
Institutional Funds (File No. 33-34079) has been signed below by the following
persons in the capacities indicated on June 12, 1995.
/s/PHILIP W. COOLIDGE
- --------------------------------------
Philip W. Coolidge , President and Trustee
CHARLES P. BIGGAR*
- --------------------------------------
Charles P. Biggar, Trustee of BT Investment Portfolios
S. LELAND DILL*
- --------------------------------------
S. Leland Dill, Trustee of BT Investmen Portfolios
/s/JAMES B. CRAVER
- --------------------------------------
James B. Craver, Treasurer
(Principal Financial and Principal Accounting Officer)
*By: /s/JAMES B. CRAVER
--------------------------------
James B. Craver
as Attorney-in-Fact pursuant to a Power of Attorney previously filed.
<PAGE>
SIGNATURES
Capital Appreciation Portfolio has duly caused this Amendment to the
Registration Statement on Form N-1A of BT Institutional Funds (File No.
33-34079) to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Boston and the Commonwealth of Massachusetts on the
12th day of June, 1995.
CAPITAL APPRECIATION PORTFOLIO
By: /s/JAMES B. CRAVER
---------------------------------
James B. Craver
Treasurer
This Amendment to the Registration Statement on Form N-1A of BT
Institutional Funds (File No. 33-34079) has been signed below by the following
persons in the capacities indicated on June 12, 1995.
/s/PHILIP W. COOLIDGE
- --------------------------------------
Philip W. Coolidge , President and Trustee
CHARLES P. BIGGAR*
- --------------------------------------
Charles P. Biggar, Trustee of Capital Appreciation Portfolio
S. LELAND DILL*
- --------------------------------------
S. Leland Dill, Trustee of Capital Appreciation Portfolio
/s/JAMES B. CRAVER
- --------------------------------------
James B. Craver, Treasurer
(Principal Financial and Principal Accounting Officer)
*By: /s/JAMES B. CRAVER
--------------------------------
James B. Craver
as Attorney-in-Fact pursuant to a Power of Attorney previously filed.
<PAGE>
BT INSTITUTIONAL FUNDS
EXHIBITS
TO
REGISTRATION STATEMENT ON
FORM N-1A
EXHIBIT INDEX
EXHIBIT NO.
(11) Consent of independent accountants.
COOPERS & LYBRAND L.L.P.
City Center Square
1100 Main Street
Suite 900
Kansas City, Missouri 64105-2140
CONSENT OF INDEPENDENT ACCOUNTANTS
To the Board of Trustees of the BT Institutional Funds:
We consent to the inclusion in this Registration Statement of the Institutional
Liquid Assets Fund (one of the funds comprising BT Institutional Funds) on Form
N-1A of our report dated June 27, 1995 on our audit of the Statement of Assets
and Liabilities of the Fund as of June 26, 1995.
/s/COOPERS & LYBRAND L.L.P.
COOPERS & LYBRAND L.L.P.
Kansas City, Missouri
July 5, 1995
