1933 Act File No. 33-36451
1940 Act File No. 811-6158
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form N-1A
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
Pre-Effective Amendment No.
Post-Effective Amendment No. 9 X
and/or
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940
Amendment No. 12 X
THE MEDALIST FUNDS
(Exact Name of Registrant as Specified in Charter)
Federated Investors Tower, Pittsburgh, Pennsylvania 15222-3779
(Address of Principal Executive Offices)
(412) 288-1900
(Registrant's Telephone Number)
John W. McGonigle, Esquire,
Federated Investors Tower,
Pittsburgh, Pennsylvania 15222-3779
(Name and Address of Agent for Service)
It is proposed that this filing will become effective:
immediately upon filing pursuant to paragraph (b)
on _________________ pursuant to paragraph (b)
X 60 days after filing pursuant to paragraph (a) (i)
on pursuant to paragraph (a) (i).
75 days after filing pursuant to paragraph (a)(ii)
on _________________ pursuant to paragraph (a)(ii) of Rule 485.
If appropriate, check the following box:
This post-effective amendment designates a new effective date for a
previously filed post-effective amendment.
Registrant has filed with the Securities and Exchange Commission a
declaration pursuant to Rule 24f-2 under the Investment Company Act of
1940, and:
X filed the Notice required by that Rule on November 15, 1994; or
intends to file the Notice required by that Rule on or about
____________; or
during the most recent fiscal year did not sell any securities
pursuant to Rule 24f-2 under the Investment Company Act of 1940, and,
pursuant to Rule 24f-2(b)(2), need not file the Notice.
Copies to:
Thomas J. Donnelly, Esquire Charles H. Morin, Esquire
Houston, Houston & Donnelly Dickstein, Shapiro & Morin,
L.L.P.
2510 Centre City Tower 2101 L Street, N.W.
650 Smithfield Street Washington, D.C. 20037
Pittsburgh, Pennsylvania 15222
CROSS-REFERENCE SHEET
This Amendment to the Registration Statement of THE MEDALIST FUNDS,
which is comprised of seven portfolios, (1) The U.S. Government
Securities Fund (2) The Maryland Municipal Bond Fund, (3) The Money
Market Fund, (4) The Treasury Money Market Fund, (5) The Stock Fund, and
(6) The Virginia Municipal Bond Fund, all of which are offered in two
separate classes of shares known as Investment Shares and Trust Shares,
and (7) The Tax-Free Money Market Fund, which does not currently offer
separate classes of shares, is comprised of the following:
PART A. INFORMATION REQUIRED IN A PROSPECTUS.
Prospectus Heading
(Rule 404(c) Cross Reference)
Item 1. Cover Page (1-7) Cover Page.
Item 2. Synopsis (1-7) Summary of Fund Expenses.
Item 3. Condensed Financial
Information To be filed by amendment.
Item 4. General Description of
Registrant (1-7) General Information;
Investment Objective; Investment
Policies; Investment Limitations.
Item 5. Management of the Fund (1-7) The Medalist Funds
Information; (1-7) Management of
the Trust; (1-7) Distribution of
Shares; (1-6) Distribution Plan
(Investment Shares only); (1-7)
Administration of the Funds; (1-7)
Expenses of the Funds and Shares.
Item 6. Capital Stock and Other
Securities (1-7) Dividends; Capital Gains;
Shareholder Information;
Voting Rights; Massachusetts
Partnership Law; Tax Information;
Federal Income Tax.
Item 7. Purchase of Securities Being
Offered (1-7) Net Asset Value; (1-7)
Investing in Shares; (1-7) Share
Purchases; (1-7) Minimum Investment
Required; (1-7) What Shares Cost; (1-
7) Certificates and Confirmations;
(1-6) Exchange Privilege (Investment
Shares Only).
Item 8. Redemption or Repurchase (1-7) Redeeming Shares; (1-7) By
Telephone; (1-7) By Mail; (1-7)
Contingent Deferred Sales Charge
(Investment Shares Only); (1-7)
Systematic Withdrawal Program
(Investment Shares only).
Item 9. Pending Legal Proceedings None.
PART B. INFORMATION REQUIRED IN A STATEMENT OF ADDITIONAL INFORMATION.
Item 10. Cover Page (1-7) Cover Page.
Item 11. Table of Contents (1-7) Table of Contents.
Item 12. General Information and
History (1-7) General Information About the
Trust.
Item 13. Investment Objectives and
Policies (1-7) Investment Objective and
Policies.
Item 14. Management of the Fund (1-7) The Medalist Funds Management.
Item 15. Control Persons and Principal
Holders of Securities Not Applicable.
Item 16. Investment Advisory and Other
Services (1-7) Investment Advisory Services;
Administrative Services.
Item 17. Brokerage Allocation (1-7) Brokerage Transactions.
Item 18. Capital Stock and Other
Securities Not applicable.
Item 19. Purchase, Redemption and
Pricing of Securities Being
Offered (1-7) Purchasing Shares; (1-7)
Determining Net Asset Value; (1-7)
Redeeming Shares; (1-7) Exchange
Privilege (Investment Shares only).
Item 20. Tax Status (1-7) Tax Status.
Item 21. Underwriters (1-7) Distribution Plan (Investment
Shares only).
Item 22. Calculation of Performance
Data (1-7) Performance Comparisons.
Item 23. Financial Statements To be filed by amendment.
Part A and Part B are incorporated by reference to Registrant's Post-
Effective Amendment No. 8 under the Securities Act of 1933 and Amendment
No. 11 under the Investment Company Act of 1940 filed September 29, 1994
(File Nos. 33-36451 and 811-6158).
PART C. OTHER INFORMATION.
Item 24. Financial Statements and Exhibits:
(a) Financial Statements (to be filed by amendment)
(b) Exhibits:
(1) (i) Copy of Declaration of Trust of the
Registrant; (7)
(ii) Copy of Amendment No. 1, dated September 20,
1990, to the Declaration of Trust;(2)
(iii) Copy of Amendment No. 2, dated November 14,
1991, to the Declaration of Trust;(5)
(iv) Conformed copy of Amendment No. 5, dated May
27, 1994, to the Declaration of Trust;(9)
(2) Copy of By-Laws of the Registrant;(1)
(3) Not applicable;
(4) Copy of Specimen Certificate for Shares of Beneficial
Interest of the Registrant (8);
(5) Conformed copy of Investment Advisory Contract of the
Registrant;(9)
(6) Conformed copy of Exhibit D to Distributor's Contract
of the Registrant;(9)
(7) Not applicable;
+ All exhibits have been filed electronically.
(1) Response is incorporated by reference to Registrant's Initial
Registration Statement on Form N-1A filed August 24, 1990. (File No.
33-36451 and 811-6158).
(2) Response is incorporated by reference to Registrant's Pre-Effective
Amendment No. 3 and Amendment No. 3 to its Registration Statement on
Form N-1A filed October 9, 1990. (File Nos. 33-36451 and 811-6158).
(3) Response is incorporated by reference to Registrant's Post-Effective
Amendment No. 1 and Amendment No. 4 to its Registration Statement on
Form N-1A filed on May 9, 1991. (File Nos. 33-36451 and 811-6158).
(4) Response is incorporated by reference to the Registrant's Post-
Effective Amendment No. 2 and Amendment No. 5 to its Registration
Statement on Form N-1A filed on October 9, 1991. (File Nos. 33-36451
and 811-6158).
(5) Response is incorporated by reference to the Registrant's Post-
Effective Amendment No. 3 and Amendment No. 6 to its Registration
Statement on Form N-1A filed on December 2, 1991. (File Nos. 33-36451
and 811-6158).
(6) Response is incorporated by reference to the Registrant's Post-
Effective Amendment No. 4 and Amendment No. 7 to its Registration
Statement on Form N-1A filed December 1, 1992. (File Nos. 33-36451 and
811-6158)
(7) Response is incorporated by reference to the Registrant's Post-
Effective Amendment No. 5 and Amendment No. 8 to its Registration
Statement on Form N-1A filed November 24, 1993. (File Nos. 33-36451
and 811-6158)
(8) Response in incorporated by reference to Registrant's Post-
Effective Amendment No. 6 and Amendment No. 9 to its Registration
Statement on Form N-1A filed April 21, 1994. (File Nos. 33-36451 and
811-6158)
(9) Response in incorporated by reference to Registrant's Post-
Effective Amendment No. 7 and Amendment No. 10 to its Registration
Statement on Form N-1A filed June 20, 1994. (File Nos. 33-36451 and
811-6158)
(8) Conformed copy of Custodian Agreement of the
Registrant;(9)
(9) Conformed copy of Transfer Agency and Service
Agreement (Fund Accounting and Shareholder
Recordkeeping) of the Registrant;(9)
(10) Copy of Opinion and Consent of Counsel as to
legality of shares being registered;(2)
(11) (i) Copy of Consent of Independent
Auditors;(7)
(ii) Opinions of Special Tax Counsel;(2)
(12) Not applicable;
(13) Copy of Initial Capital Understanding;(2)
(14) Not applicable;
(15) (i) Copy of Amendment No. 1 to Exhibit A of
the Distribution Plan;(9)
(ii) Copy of Amendment No. 1 to Fee Schedule for 12b-
1 Agreement;(9)
(iii) Form of Administrative Services Agreement;(9)
(16) Schedule for Computation of Fund Performance
Data;(3)
(17) Power of Attorney;(6)
(18) Not applicable.
+ All exhibits have been filed electronically.
(1) Response is incorporated by reference to Registrant's Initial
Registration Statement on Form N-1A filed August 24, 1990. (File No.
33-36451 and 811-6158).
(2) Response is incorporated by reference to Registrant's Pre-Effective
Amendment No. 3 and Amendment No. 3 to its Registration Statement on
Form N-1A filed October 9, 1990. (File Nos. 33-36451 and 811-6158).
(3) Response is incorporated by reference to Registrant's Post-Effective
Amendment No. 1 and Amendment No. 4 to its Registration Statement on
Form N-1A filed on May 9, 1991. (File Nos. 33-36451 and 811-6158).
(4) Response is incorporated by reference to the Registrant's Post-
Effective Amendment No. 2 and Amendment No. 5 to its Registration
Statement on Form N-1A filed on October 9, 1991. (File Nos. 33-36451
and 811-6158).
(5) Response is incorporated by reference to the Registrant's Post-
Effective Amendment No. 3 and Amendment No. 6 to its Registration
Statement on Form N-1A filed on December 2, 1991. (File Nos. 33-36451
and 811-6158).
(6) Response is incorporated by reference to the Registrant's Post-
Effective Amendment No. 4 and Amendment No. 7 to its Registration
Statement on Form N-1A filed December 1, 1992. (File Nos. 33-36451 and
811-6158)
(7) Response is incorporated by reference to the Registrant's Post-
Effective Amendment No. 5 and Amendment No. 8 to its Registration
Statement on Form N-1A filed November 24, 1993. (File Nos. 33-36451
and 811-6158)
(8) Response in incorporated by reference to Registrant's Post-
Effective Amendment No. 6 and Amendment No. 9 to its Registration
Statement on Form N-1A filed April 21, 1994. (File Nos. 33-36451 and
811-6158)
Item 25. Persons Controlled by or Under Common Control with Registrant:
No persons are controlled by the Registrant.
Item 26. Number of Holders of Securities:
Number of Record Holders
Title of Class as of October 28, 1994
Shares of beneficial interest The U.S. Government
Securities Fund - Trust Shares 5
The U.S. Government Securit
ies Fund - Investment Shares 4483
The Maryland Municipal Bond
Fund - Trust Shares 5
The Maryland Municipal Bond
Fund
Investment Shares 1,193
The Money Market Fund
Trust Shares 5
The Money Market Fund
Investment Shares 281
The Treasury Money Market F
und - Trust Shares 5
The Treasury Money Market F
und - Investment Shares 129
The Stock Fund - Trust Shares
7
The Stock Fund
InvestmentShares 2,971
The Virginia Municipal Bond
Fund - Trust Shares 5
The Virginia Municipal Bond
Fund - Investment Shares 1,849
The Tax-Free Money Market
Fund 32
Item 27. Indemnification: (1.)
Item 28. Business and Other Connections of Investment Adviser:
(a) For a description of the other business of Signet Asset
Management, the investment adviser, see the section entitled "The Medalist
Funds Information - Management of The Medalist Funds" in Part A.
(1) Response is incorporated by reference to Registrant's Post-Effective
Amendment No. 1 and Amendment No. 4 to its Registration Statement on
Form N-1A filed on May 9, 1991. (File Nos. 33-36451 and 811-6158).
(3) Response is incorporated by reference to Registrant's Post-Effective
Amendment No. 1 and Amendment No. 4 to its Registration Statement on
Form N-1A filed on May 9, 1991. (File Nos. 33-36451 and 811-6158).
(6) Response is incorporated by reference to the Registrant's Post-
Effective Amendment No. 4 and Amendment No. 7 to its Registration
Statement on Form N-1A filed December 1, 1992. (File Nos. 33-36451 and
811-6158)
The Officers of the investment adviser are:
Other Substantial
Positions with Business, Profession,
Name the Adviser Vocation or Employment
Leslie P. Hunter President
Raymond E. Williams, Jr. Senior Vice President
Frank Pipino Senior Vice President
Joe Rose Vice President
Bob Perrin Vice President
Betty Speegle Vice President
David E. Buffington Vice President
Joe Stork Vice President
Nancy Koble Trust Officer
Margaret M. Lynch Assistant Vice President
Tim Maris Assistant Vice President
Aleen Easterling Vice President
Deitra Mitchell Assistant Vice President
Eugenia Freiburger Vice President
Patty Holder Assistant Vice President
Ray Baker Assistant Vice President
Tucker Henley Assistant Vice President
C. Lunsford Johnson Assistant Vice President
Charlotte Harris Vice President
Beth King Trust Officer
Bill Petroff Vice President
Darlene Parrish Trust Finance Officer
Gregory Weirich Vice President
Cynthia Wright Assistant Vice President
Jerry Weaks Vice President
Jim Carscaddon Assistant Vice President
Tom Francy Vice President
Pegram Johnson Vice President
DIRECTORS
Name
David K. Hunt
Leslie P. Hunter
Wallace B. Millner, III
T. Gaylon Layfield, III
Stewart P. McEntee
John F. Vogel
Item 29. Principal Underwriters:
(a) Federated Securities Corp., the Distributor for shares of
the Registrant, also acts as principal underwriter for the
following open-end investment companies: American Leaders
Fund, Inc.; Annuity Management Series; Automated Cash
Management Trust; Automated Government Money Trust;
California Municipal Cash Trust; Cash Trust Series II; Cash
Trust Series, Inc.; DG Investor Series; Edward D. Jones &
Co. Daily Passport Cash Trust; Federated ARMs Fund;
Federated Exchange Fund, Ltd.; Federated GNMA Trust;
Federated Government Trust; Federated Growth Trust;
Federated High Yield Trust; Federated Income Securities
Trust; Federated Income Trust; Federated Index Trust;
Federated Institutional Trust; Federated Intermediate
Government Trust; Federated Master Trust; Federated
Municipal Trust; Federated Short-Intermediate Government
Trust; Federated Short-Term U.S. Government Trust;
Federated Stock Trust; Federated Tax-Free Trust; Federated
U.S. Government Bond Fund; First Priority Funds; Fixed
Income Securities, Inc.; Fortress Adjustable Rate U.S.
Government Fund, Inc.; Fortress Municipal Income Fund, Inc.;
Fortress Utility Fund, Inc.; Fund for U.S. Government
Securities, Inc.; Government Income Securities, Inc.; High
Yield Cash Trust; Insight Institutional Series, Inc.;
Insurance Management Series; Intermediate Municipal Trust;
International Series, Inc.; Investment Series Funds, Inc.;
Investment Series Trust; Liberty Equity Income Fund, Inc.;
Liberty High Income Bond Fund, Inc.; Liberty Municipal
Securities Fund, Inc.; Liberty U.S. Government Money Market
Trust; Liberty Term Trust, Inc. - 1999; Liberty Utility
Fund, Inc.; Liquid Cash Trust; Managed Series Trust; Mark
Twain Funds; The Medalist Funds: Money Market Management,
Inc.; Money Market Obligations Trust; Money Market Trust;
Municipal Securities Income Trust; New York Municipal Cash
Trust; 111 Corcoran Funds; Peachtree Funds; The Planters
Funds; Portage Funds; RIMCO Monument Funds; The Shawmut
Funds; Short-Term Municipal Trust; Star Funds; The Starburst
Funds; The Starburst Funds II; Stock and Bond Fund, Inc.;
Sunburst Funds; Targeted Duration Trust; Tax-Free
Instruments Trust; Trademark Funds; Trust for Financial
Institutions; Trust For Government Cash Reserves; Trust for
Short-Term U.S. Government Securities; Trust for U.S.
Treasury Obligations; World Investment Series, Inc.
Federated Securities Corp. also acts as principal underwriter
for the following closed-end investment company: Liberty
Term Trust, Inc.- 1999.
(b)
(1) (2) (3)
Name and Principal Positions and Offices Positions andOffices
Business Address With Underwriter With Registrant___
Richard B. Fisher Director, Chairman, Vice President
Federated Investors Tower Chief Executive Officer,
Pittsburgh, PA 15222-3779 Chief Operating Officer,
and Asst. Treasurer,
Federated Securities Corp.
Edward C. Gonzales Director, Executive Vice President,
Federated Investors Tower President, and Treasurer, Treasurer,
Pittsburgh, PA 15222-3779 Federated Securities Corp. and Trustee
John W. McGonigle Director, Executive Vice President
Federated Investors Tower Vice President and and Secretary
Pittsburgh, PA 15222-3779 Assistant Secretary,
Federated Securities Corp.
John A. Staley, IV Executive Vice President Vice President
Federated Investors Tower and Assistant Secretary,
Pittsburgh, PA 15222-3779 Federated Securities Corp.
John B. Fisher President-Institutional Sales, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
James F. Getz President-Broker/Dealer, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Mark R. Gensheimer Executive Vice President of --
Federated Investors Tower Bank/Trust
Pittsburgh, PA 15222-3779 Federated Securities Corp.
Mark W. Bloss Senior Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Theodore Fadool, Jr. Senior Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Bryant R. Fisher Senior Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Christopher T. Fives Senior Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
James S. Hamilton Senior Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
(1) (2) (3)
Name and Principal Positions and Offices Positions andOffices
Business Address With Underwriter With Registrant___
James M. Heaton Senior Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
H. Joseph Kennedy Senior Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Keith Nixon Senior Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Timothy C. Pillion Senior Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
James R. Ball Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Richard W. Boyd Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Jane E. Broeren-Lambesis Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Mary J. Combs Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
R. Edmond Connell, Jr. Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Laura M. Deger Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Jill Ehrenfeld Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Mark D. Fisher Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Joseph D. Gibbons Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
(1) (2) (3)
Name and Principal Positions and Offices Positions andOffices
Business Address With Underwriter With Registrant___
David C. Glabicki Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Richard C. Gonzales Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Scott A. Hutton Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
William J. Kerns Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
William E. Kugler Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Dennis M. Laffey Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Francis J. Matten, Jr. Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Mark J. Miehl Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
J. Michael Miller Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
R. Jeffrey Niss Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Michael P. O'Brien Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Solon A. Person, IV Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Robert F. Phillips Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
(1) (2) (3)
Name and Principal Positions and Offices Positions andOffices
Business Address With Underwriter With Registrant___
Eugene B. Reed Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Paul V. Riordan Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Charles A. Robison Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
David W. Spears Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Jeffrey A. Stewart Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Thomas E. Territ Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
William C. Tustin Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Richard B. Watts Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Philip C. Hetzel Assistant Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
Ernest L. Linane Assistant Vice President, --
Federated Investors Tower Federated Securities Corp.
Pittsburgh, PA 15222-3779
S. Elliott Cohan Secretary, Federated Assistant
Federated Investors Tower Securities Corp. Secretary
Pittsburgh, PA 15222-3779
(c) Not applicable.
Item 30. Location of Accounts and Records: (1.)
Item 31. Management Services: Not applicable.
Item 32. Undertakings:
Registrant hereby undertakes to comply with the provisions of
Section 16(c) of the 1940 Act with respect to the removal of
Trustees and the calling of special shareholder meetings by
shareholders.
Registrant hereby undertakes to furnish each person to whom
a prospectus is delivered with a copy of the Registrant's
latest annual report to shareholders, upon request and
without charge.
Registrant hereby undertakes to file a post-effective amendment
on behalf of The Tax-Free Money Market Fund, using financial
statements which need not be certified, within four to six months
of the effective date of Registrant's 1933 Act Registration
Statement.
(1) Response is incorporated by reference to Registrant's Post-Effective
Amendment No. 1 and Post-Effective Amendment No. 4 to its Registration
Statement on Form N-1A filed on May 9, 1991. (File Nos. 33-36451 and
811-6158).
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the
Investment Company Act of 1940, the Registrant, THE MEDALIST FUNDS, has
duly caused this Amendment to its Registration Statement to be signed on
its behalf by the undersigned, thereto duly authorized, in the City of
Pittsburgh and Commonwealth of Pennsylvania, on the 28th day of
November, 1994.
THE MEDALIST FUNDS
BY: /s/ C. Grant Anderson
C. Grant Anderson, Assistant Secretary
Attorney in Fact for John F. Donahue
November 28, 1994
Pursuant to the requirements of the Securities Act of 1933, this
Amendment to its Registration Statement has been signed below by the
following person in the capacity and on the date indicated:
NAME TITLE DATE
By: /s/ C. Grant Anderson
C. Grant Anderson Attorney In Fact November 28, 1994
ASSISTANT SECRETARY For the Persons
Listed Below
NAME TITLE
John F. Donahue* Chairman and Trustee
(Chief Executive Officer)
Glen R. Johnson* President
Edward C. Gonzales* Vice President and Treasurer
(Principal Financial and
Accounting Officer)
John T. Conroy, Jr.* Trustee
William J. Copeland* Trustee
James E. Dowd* Trustee
Lawrence D. Ellis, M.D.* Trustee
Edward L. Flaherty, Jr.* Trustee
Peter E. Madden* Trustee
Gregor F. Meyer* Trustee
Wesley W. Posvar* Trustee
Marjorie P. Smuts* Trustee
* By Power of Attorney
