U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
NOTIFICATION OF LATE FILING
SEC FILE NUMBER
_______________
CUSIP NUMBER
584019103
(Check One)
Form 10-K Form 11-K Form 20-F Form 10-Q X Form N-
SAR
For Period Ended: September 30, 1994
Read Instructions (on back page) Before Preparing Form. Please Print or
Type.
Nothing in this Form shall be construed to imply that the Commission has
verified any information contained herein.
If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:
Part I Registrant Information
Full Name of Registrant THE MEDALIST FUNDS
Former Name if Applicable SIGNET SELECT FUNDS
Address of Principal Executive Office FEDERATED INVESTORS TOWER
(Street and Number)
City, State, and Zip Code PITTSBURGH, PA 15222-3779
Part II Rules 12b025 (b) and (c)
If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed.
(Check box if appropriate)
(a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or
expense;
(b) The subject annual report or semi-annual report/portion thereof
__a_ will be filed on or before the fifteenth calendar day following
the prescribed due date; or the subject quarterly report/portion
thereof will be filed on or before the fifth calendar day
following the prescribed due date; and
(c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.
Part III Narrative
State below in reasonable detail the reasons why the Form 10-K, 11-K, 20-F,
10-Q, or N-SAR or portion thereof, could not be filed within the prescribed
time period. Due to employee illness, Form SE was not mailed in time to
arrive at the SEC prior to the filing of N-SAR.
Part IV Other Information
(1) Name and telephone number of person to contact in regard to this
notification
Linda Palmer 412 288-7447
(NAME) (AREA CODE) (TELEPHONE NUMBER)
(2) Have all other periodic reports required under
Section 13 or 15(d) of the Securities Exchange
Act of 1934 or Section 30 of the Investment
Company Act of 1940 during the preceding 12
months (or for such shorter period that the
registrant was required to file such reports
been filed?
If answer is no, identify report(s). __X_
____
YES NO
(3) Is it anticipated that any significant change
in results of operations from the corresponding
period for the last fiscal year will be reflected
by the earnings statements to be included in
the subject report or portion thereof? ____
__X_
YES NO
If so, attach an explanation of the anticipated
change, both narratively and quantitatively,
and, if appropriate, state the reasons why a
reasonable estimate of the results can not be made.
THE MEDALIST FUNDS
(NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
DATE November 30, 1994
BY: /s/C. Grant Anderson
(Name of Fund Attorney)
Assistant Secretary
INSTRUCTION: The form may be signed by an executive officer of the
registrant or by any other duly authorized representative. The name and
title of the person signing the form shall be typed or printed beneath the
signature. If the statement is signed on behalf of the registrant by an
authorized representative (other than an executive officer), evidence of
the representative's authority to sign on behalf of the registrant shall be
filed with the form.
ATTENTION
Intentional misstatements or omissions of fact constitute Federal Criminal
Violations
(See 18 U.S.C. 1001)
