SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
RULE 24f-2 NOTICE
FOR
Consulting Group Capital Markets Funds
(Name of Registrant)
222 Delaware Avenue
Wilmington, Delaware 19801
(Address of Principal Executive Offices)
Shares of Beneficial Interest $.001 par value
(Title of Securities with respect to which Notice is filed)
File No. 33-40823
The following information is required pursuant to Rule 24f-2(b) (1):
(i). Period for which Notice is filed:
September 1, 1993 through August 31, 1994
(ii). Number or amount of securities of the same class or
series which had been registered under the Securities Act of 1933 other
than pursuant to Rule 24f-2 but which remained unsold at the beginning of
such fiscal period:
None
(iii). Number or amount of securities, if any, registered
during such fiscal period other than pursuant to Rule 24f-2:
None
(iv). Number and amount of securities sold during such fiscal
period*:
(1) Government Money Investments 345,194,367
shares
* Excludes shares issued upon reinvestment of dividends.
(2) Intermediate Fixed Income Investments 22,381,600
shares
(3) Total Return Fixed Income Investments 8,683,417
shares
(4) Municipal Bond Investments 4,962,612
shares
(5) Mortgage Backed Investments 10,000,128
shares
(6) Balanced Investments 1,714,853
shares
(7) Large Capitalization Value Equity Investments
57,067,774 shares
(8) Large Capitalization Growth Investments
37,994,847 shares
(9) Small Capitalization Value Equity Investments
24,961,805 shares
(10) Small Capitalization Growth Investments 13,655,513
shares
(11) International Equity Investments
36,546,773 shares
(12) International Fixed Income Investments 9,382,953
shares
(13) Emerging Markets Equity Investments 3,950,355
shares
(v). Number and amount of securities sold during such fiscal
period in reliance upon registration pursuant to Rule 24f-2*:
(1) Government Money Investments 345,194,367
shares
$345,194,367
(2) Intermediate Fixed Income Investments 22,381,600
shares
$185,007,845
(3) Total Return Fixed Income Investments 8,683,417
shares
$72,680,596
(4) Municipal Bond Investments 4,962,612
shares
$42,778,188
* Excludes shares issued upon reinvestment of dividends.
(5) Mortgage Backed Investments 10,000,128
shares
$79,873,717
(6) Balanced Investments 1,714,853
shares
$14,427,658
(7) Large Capitalization Value Equity Investments
57,067,774 shares
$524,060,959
(8) Large Capitalization Growth Investments
37,994,847 shares
$368,606,148
(9) Small Capitalization Value Equity Investments
24,961,805 shares
$229,169,814
(10) Small Capitalization Growth Investments 13,655,513
shares
$166,661,153
(11) International Equity Investments
36,546,773 shares
$364,735,786
(12) International Fixed Income Investments 9,382,953
shares
$80,752,952
(13) Emerging Markets Equity Investments 3,950,355
shares
$32,960,776
An opinion of counsel with respect to the legality of the above shares
accompanies this Notice.
DATED: October 28, 1994
CONSULTING GROUP CAPITAL
MARKETS FUNDS
By: /s/ Ellen E. Crane
Ellen E. Crane
Assistant Treasurer
*Excludes shares issued upon reinvestment of dividends.
(1) The actual aggregate sale price for which such securities were
sold was $345,194,367. During the fiscal year ended August 31, 1994, the
actual aggregate redemption price of securities of the same class redeemed
by the Registrant was $249,071,098. No portion of such aggregate
redemption price has been applied by the Registrant pursuant to Rule 24e-
2(a) in a filing made pursuant to Section 24(e) (1) of the Investment
Company Act of 1940, as amended. Pursuant to Rule 24f-2(c), the
registration fee with respect to the securities sold is calculated as
follows: $345,194,367 - $249,071,098 x $.00034483 = 33,146.19.
(2) The actual aggregate sale price for which such securities were
sold was $185,007,845. During the fiscal year ended August 31, 1994, the
actual aggregate redemption price of securities of the same class redeemed
by the Registrant was $98,876,075. No portion of such aggregate redemption
price has been applied by the Registrant pursuant to Rule 24e-2(a) in a
filing made pursuant to Section 24(e) (1) of the Investment Company Act of
1940, as amended. Pursuant to Rule 24f-2(c), the registration fee with
respect to the securities sold is calculated as follows: $185,007,845-
$98,876,075 x $.00034483 = 29,700.82.
(3) The actual aggregate sale price for which such securities were
sold was $72,680,596. During the fiscal year ended August 31, 1994, the
actual aggregate redemption price of securities of the same class redeemed
by the Registrant was $38,652,303. No portion of such aggregate redemption
price has been applied by the Registrant pursuant to Rule 24e-2(a) in a
filing made pursuant to Section 24(e) (1) of the Investment Company Act of
1940, as amended. Pursuant to Rule 24f-2(c), the registration fee with
respect to the securities sold is calculated as follows: $72,680,596-
$38,652,303 x $.00034483 = 11,733.98.
(4) The actual aggregate sale price for which such securities were
sold was $42,778,188. During the fiscal year ended August 31, 1994, the
actual aggregate redemption price of securities of the same class redeemed
by the Registrant was $30,900,670. No portion of such aggregate redemption
price has been applied by the Registrant pursuant to Rule 24e-2(a) in a
filing made pursuant to Section 24(e) (1) of the Investment Company Act of
1940, as amended. Pursuant to Rule 24f-2(c), the registration fee with
respect to the securities sold is calculated as follows: $42,778,188 -
$30,900,670 x $.00034483 = 4,095.72.
(5) The actual aggregate sale price for which such securities were
sold was $79,873,717. During the fiscal year ended August 31, 1994, the
actual aggregate redemption price of securities of the same class redeemed
by the Registrant was $53,557,681. No portion of such aggregate redemption
price has been applied by the Registrant pursuant to Rule 24e-2(a) in a
filing made pursuant to Section 24(e) (1) of the Investment Company Act of
1940, as amended. Pursuant to Rule 24f-2(c), the registration fee with
respect to the securities sold is calculated as follows: $79,873,717 -
$53,557,681 x $.00034483 = 9,074.56.
(6) The actual aggregate sale price for which such securities were
sold was $14,427,658. During the fiscal year ended August 31, 1994, the
actual aggregate redemption price of securities of the same class redeemed
by the Registrant was $5,327,603. No portion of such aggregate redemption
price has been applied by the Registrant pursuant to Rule 24e-2(a) in a
filing made pursuant to Section 24(e) (1) of the Investment Company Act of
1940, as amended. Pursuant to Rule 24f-2(c), the registration fee with
respect to the securities sold is calculated as follows: $14,427,658 -
$5,327,603 x $.00034483 = 3,137.97.
(7) The actual aggregate sale price for which such securities were
sold was $524,060,959. During the fiscal year ended August 31, 1994, the
actual aggregate redemption price of securities of the same class redeemed
by the Registrant was $275,127,432. No portion of such aggregate
redemption price has been applied by the Registrant pursuant to Rule 24e-
2(a) in a filing made pursuant to Section 24(e) (1) of the Investment
Company Act of 1940, as amended. Pursuant to Rule 24f-2(c), the
registration fee with respect to the securities sold is calculated as
follows: $524,060,959 - $275,127,432 x $.00034483 = 85,839.75.
(8) The actual aggregate sale price for which such securities were
sold was $368,606,148. During the fiscal year ended August 31, 1994, the
actual aggregate redemption price of securities of the same class redeemed
by the Registrant was $159,774,915. No portion of such aggregate
redemption price has been applied by the Registrant pursuant to Rule 24e-
2(a) in a filing made pursuant to Section 24(e) (1) of the Investment
Company Act of 1940, as amended. Pursuant to Rule 24f-2(c), the
registration fee with respect to the securities sold is calculated as
follows: $368,606,148 - $159,774,915 x $.00034483 = 72,011.27.
(9) The actual aggregate sale price for which such securities were
sold was $229,169,814. During the fiscal year ended August 31, 1994, the
actual aggregate redemption price of securities of the same class redeemed
by the Registrant was $62,861,738. No portion of such aggregate redemption
price has been applied by the Registrant pursuant to Rule 24e-2(a) in a
filing made pursuant to Section 24(e) (1) of the Investment Company Act of
1940, as amended. Pursuant to Rule 24f-2(c), the registration fee with
respect to the securities sold is calculated as follows: $229,169,814 -
$62,861,738 x $.00034483 = 57,348.01.
(10) The actual aggregate sale price for which such securities were
sold was $166,661. During the fiscal year ended August 31, 1994, the
actual aggregate redemption price of securities of the same class redeemed
by the Registrant was $74,640,060. No portion of such aggregate redemption
price has been applied by the Registrant pursuant to Rule 24e-2(a) in a
filing made pursuant to Section 24(e) (1) of the Investment Company Act of
1940, as amended. Pursuant to Rule 24f-2(c), the registration fee with
respect to the securities sold is calculated as follows: $166,661,153 -
$74,640,060 x $.00034483 = 31,731.63.
(11) The actual aggregate sale price for which such securities were
sold was $364,735,786. During the fiscal year ended August 31, 1994, the
actual aggregate redemption price of securities of the same class redeemed
by the Registrant was $110,574,450. No portion of such aggregate
redemption price has been applied by the Registrant pursuant to Rule 24e-
2(a) in a filing made pursuant to Section 24(e) (1) of the Investment
Company Act of 1940, as amended. Pursuant to Rule 24f-2(c), the
registration fee with respect to the securities sold is calculated as
follows: $364,735,786 - $110,574,450 x $.00034483 = 87,642.45.
(12) The actual aggregate sale price for which such securities were
sold was $80,752,952. During the fiscal year ended August 31, 1994, the
actual aggregate redemption price of securities of the same class redeemed
by the Registrant was $64,843,492. No portion of such aggregate redemption
price has been applied by the Registrant pursuant to Rule 24e-2(a) in a
filing made pursuant to Section 24(e) (1) of the Investment Company Act of
1940, as amended. Pursuant to Rule 24f-2(c), the registration fee with
respect to the securities sold is calculated as follows: $80,752,952 -
$64,843,492 x $.00034483 = 5,486.06.
(13) The actual aggregate sale price for which such securities were
sold was $32,960,776. During the fiscal year ended August 31, 1994, the
actual aggregate redemption price of securities of the same class redeemed
by the Registrant was $1,028,997. No portion of such aggregate redemption
price has been applied by the Registrant pursuant to Rule 24e-2(a) in a
filing made pursuant to Section 24(e) (1) of the Investment Company Act of
1940, as amended. Pursuant to Rule 24f-2(c), the registration fee with
respect to the securities sold is calculated as follows: $32,960,776-
$1,028,997 x $.00034483 = 11,011.04.
shearsn2/trak/filings/sec/24f-2.doc
October 31, 1994
Consulting Group Capital Markets Funds
222 Delaware Avenue
Wilmington, DE 19801
RE: Rule 24f-2 Notice
Gentlemen:
In connection with the filing by Consulting Group Capital Markets
Funds, a Massachusetts business trust (the "Trust"), of a Notice (the
"Notice") pursuant to Rule 24f-2 under the Investment Company Act of 1940,
as amended (the "1940 Act"), for the Trust's fiscal year ended August 31,
1994, you have requested that the undersigned provide the legal opinion
required by that Rule.
In accordance with Rule 24f-2, the Trust has registered an indefinite
number of shares of beneficial interest, $.001 par value, per share, under
the Securities Act of 1933, as amended (the "1933 Act"). The purpose of
the Notice is to make definite the registration of the following shares of
each portfolio of the Trust (collectively, the "Shares") sold in reliance
upon the Rule during the fiscal year ended August 31, 1994.
Portfolio Shares
Government Money Investments 345,194,367
Intermediate Fixed Income Investments 22,381,600
Total Return Fixed Income Investments 8,683,417
Municipal Bond Investments 4,962,612
Mortgage Backed Investments 10,000,128
Balanced Investments 1,714,853
Large Capitalization Value Equity Investments 57,067,774
Large Capitalization Growth Investments 37,994,847
Small Capitalization Value Equity Investments 24,961,805
Small Capitalization Growth Investments 13,655,513
International Equity Investments 36,546,773
International Fixed Income Investments 9,382,953
Emerging Markets Equity Investments 3,950,355
Consulting Group Capital Markets Funds
October 31, 1994
Page Two
The undersigned is General Counsel of The Boston Company Advisors,
Inc., the Trust's sub-administrator, and in such capacity, from time to
time and for certain purposes, acts as counsel to the Trust. I have
examined copies of the Trust's Master Trust Agreement, its By-Laws, votes
adopted by its Board of Trustees, and such other records and documents as I
have deemed necessary for purposes of this opinion. Furthermore, I have
examined a Certificate of the Treasurer of the Trust to the effect that the
Trust received the cash consideration for each of the Shares in accordance
with the aforementioned charter documents and votes.
On the basis of the foregoing, and assuming all of the Shares were
sold in accordance with the terms of the Trust's Prospectus in effect at
the time of sale, I am of the opinion that the Shares have been duly
authorized and validly issued and are fully paid and non-assessable. This
opinion is for the limited purposes expressed above and should not be
deemed to be an expression of opinion as to compliance with the 1933 Act,
the 1940 Act or applicable State "blue sky" laws in connection with the
sales of the Shares.
The Trust is an entity of the type commonly known as a "Massachusetts
business trust." Under Massachusetts law, shareholders could, under
certain circumstances, be held personally liable for the obligations of the
Trust. However, the Trust's Master Trust Agreement provides that if a
shareholder of any series of the Trust is charged or held personally liable
solely by reason of being or having been a shareholder, the shareholder
shall be entitled out of the assets of said series to be held harmless from
and indemnified against all loss and expense arising from such liability.
Thus, the risk of shareholder liability is limited to circumstances in
which that series itself would be unable to meet its obligations.
Very truly yours,
/s/ Francis J. McNamara, III
Francis J. McNamara, III
General Counsel
shearsn2/trak/filings/sec/24f2op.doc
