<PAGE> 1
As filed with the Securities and Exchange Commission on December 6, 1995
Registration No. 33-46479
File No. 811-06602
================================================================================
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-1A
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 X
Pre-Effective Amendment No. __ ___
Post-Effective Amendment No. 10 X
and/or
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 X
Amendment No. 13 X
THE PREFERRED GROUP OF MUTUAL FUNDS
(Exact Name of Registrant as Specified in Charter)
100 N.E. Adams Street
Peoria, Illinois 61629-5330
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number: (309) 675-4999
Name and Address of Agent for Service:
P. Michael Pond
THE PREFERRED GROUP OF MUTUAL FUNDS
100 N.E. Adams Street
Peoria, Illinois 61629-5330
Copy to:
J.B. Kittredge, Esq.
Ropes & Gray
One International Place
Boston, MA 02110-2624
It is proposed that this filing will become effective:
X Immediately upon filing pursuant to paragraph (b),
_ On _______________ pursuant to paragraph (b),
_ 60 days after filing pursuant to paragraph (a)(1),
_ On _________________ pursuant to paragraph (a)(1),
_ 75 days after filing pursuant to paragraph (a)(2), or
_ On ______________ pursuant to paragraph (a)(2), 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.
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<PAGE> 2
<TABLE>
<CAPTION>
Proposed
Proposed Maximum Maximum
Title of Securities Offering Price Aggregate Amount of
Being Registered Amount Being Registered Per Unit* Offering Price** Registration Fee
- ------------------- ----------------------- ----------------- ---------------- ----------------
<S> <C> <C> <C> <C>
Shares of Beneficial 2,240,761 shs. $ 17.86 $ 40,020,000 $ 13,800.00
Interest
Preferred Growth
Fund
</TABLE>
* Based on offering price per share on November 14, 1995.
** Calculated pursuant to Rule 24e-2 under the Investment Company Act
of 1940. The total amount of securities redeemed or repurchased
during the Registrant's previous fiscal year was $249,655,268, all
of which has been used for reductions pursuant to Rule 24e-2(a)
or Rule 24f-2(c) under said Act in the current fiscal year, and
none of which is being used for such reduction in this Amendment.
<TABLE>
<CAPTION>
Proposed
Proposed Maximum Maximum
Title of Securities Offering Price Aggregate Amount of
Being Registered Amount Being Registered Per Unit* Offering Price** Registration Fee
- ------------------- ----------------------- ----------------- ---------------- ----------------
<S> <C> <C> <C> <C>
Shares of Beneficial 1,770,691 shs. $ 14.74 $ 26,100,000 $ 9,000.00
Interest
Preferred Value
Fund
</TABLE>
* Based on offering price per share on November 7, 1995.
** Calculated pursuant to Rule 24e-2 under the Investment Company Act
of 1940. The total amount of securities redeemed or repurchased
during the Registrant's previous fiscal year was $249,655,268, all
of which has been used for reductions pursuant to Rule 24e-2(a)
or Rule 24f-2(c) under said Act in the current fiscal year, and
none of which is being used for such reduction in this Amendment.
<TABLE>
<CAPTION>
Proposed
Proposed Maximum Maximum
Title of Securities Offering Price Aggregate Amount of
Being Registered Amount Being Registered Per Unit* Offering Price** Registration Fee
- ------------------- ----------------------- ----------------- ---------------- ----------------
<S> <C> <C> <C> <C>
Shares of Beneficial 1,405,492 shs. $ 12.38 $ 17,400,000 $ 6,000.00
Interest
Preferred International
Fund
</TABLE>
* Based on offering price per share on November 15, 1995.
** Calculated pursuant to Rule 24e-2 under the Investment Company Act
of 1940. The total amount of securities redeemed or repurchased
during the Registrant's previous fiscal year was $249,655,268, all
of which has been used for reductions pursuant to Rule 24e-2(a)
or Rule 24f-2(c) under said Act in the current fiscal year, and
none of which is being used for such reduction in this Amendment.
<PAGE> 3
<TABLE>
<CAPTION>
Proposed
Proposed Maximum Maximum
Title of Securities Offering Price Aggregate Amount of
Being Registered Amount Being Registered Per Unit* Offering Price** Registration Fee
- ------------------- ----------------------- ----------------- ---------------- ----------------
<S> <C> <C> <C> <C>
Shares of Beneficial 291,621 shs. $ 9.93 $ 2,895,800 $ 998.55
Interest
Preferred Small Cap
Fund
</TABLE>
* Based on offering price per share on November 15, 1995.
** Calculated pursuant to Rule 24e-2 under the Investment Company Act
of 1940. The total amount of securities redeemed or repurchased
during the Registrant's previous fiscal year was $249,655,268, all
of which has been used for reductions pursuant to Rule 24e-2(a)
or Rule 24f-2(c) under said Act in the current fiscal year, and
none of which is being used for such reduction in this Amendment.
<TABLE>
<CAPTION>
Proposed
Proposed Maximum Maximum
Title of Securities Offering Price Aggregate Amount of
Being Registered Amount Being Registered Per Unit* Offering Price** Registration Fee
- ------------------- ----------------------- ----------------- ---------------- ----------------
<S> <C> <C> <C> <C>
Shares of Beneficial 680,218 shs. $ 12.79 $ 8,700,000 $ 3,000.00
Interest
Preferred Asset
Allocation Fund
</TABLE>
* Based on offering price per share on November 7, 1995.
** Calculated pursuant to Rule 24e-2 under the Investment Company Act
of 1940. The total amount of securities redeemed or repurchased
during the Registrant's previous fiscal year was $249,655,268, all
of which has been used for reductions pursuant to Rule 24e-2(a)
or Rule 24f-2(c) under said Act in the current fiscal year, and
none of which is being used for such reduction in this Amendment.
<TABLE>
<CAPTION>
Proposed
Proposed Maximum Maximum
Title of Securities Offering Price Aggregate Amount of
Being Registered Amount Being Registered Per Unit* Offering Price** Registration Fee
- ------------------- ----------------------- ----------------- ---------------- ----------------
<S> <C> <C> <C> <C>
Shares of Beneficial 55,957 shs. $ 10.44 $ 584,200 $ 201.45
Interest
Preferred Balanced
Fund
</TABLE>
* Based on offering price per share on November 15, 1995.
** Calculated pursuant to Rule 24e-2 under the Investment Company Act
of 1940. The total amount of securities redeemed or repurchased
during the Registrant's previous fiscal year was $249,655,268, all
of which has been used for reductions pursuant to Rule 24e-2(a)
or Rule 24f-2(c) under said Act in the current fiscal year, and
none of which is being used for such reduction in this Amendment.
<PAGE> 4
<TABLE>
<CAPTION>
Proposed
Proposed Maximum Maximum
Title of Securities Offering Price Aggregate Amount of
Being Registered Amount Being Registered Per Unit* Offering Price** Registration Fee
- ------------------- ----------------------- ----------------- ---------------- ----------------
<S> <C> <C> <C> <C>
Shares of Beneficial 4,500,000 shs. $ 10.44 $ 46,980,000 $ 16,200.00
Interest
Preferred Fixed
Income Fund
</TABLE>
* Based on offering price per share on November 15, 1995.
** Calculated pursuant to Rule 24e-2 under the Investment Company Act
of 1940. The total amount of securities redeemed or repurchased
during the Registrant's previous fiscal year was $249,655,268, all
of which has been used for reductions pursuant to Rule 24e-2(a)
or Rule 24f-2(c) under said Act in the current fiscal year, and
none of which is being used for such reduction in this Amendment.
<TABLE>
<CAPTION>
Proposed
Proposed Maximum Maximum
Title of Securities Offering Price Aggregate Amount of
Being Registered Amount Being Registered Per Unit* Offering Price** Registration Fee
- ------------------- ----------------------- ----------------- ---------------- ----------------
<S> <C> <C> <C> <C>
Shares of Beneficial 2,303,462 shs. $ 9.82 $ 22,620,000 $ 7,800.00
Interest
Preferred Short-Term
Government Securities
Fund
</TABLE>
* Based on offering price per share on November 15, 1995.
** Calculated pursuant to Rule 24e-2 under the Investment Company Act
of 1940. The total amount of securities redeemed or repurchased
during the Registrant's previous fiscal year was $249,655,268, all
of which has been used for reductions pursuant to Rule 24e-2(a)
or Rule 24f-2(c) under said Act in the current fiscal year, and
none of which is being used for such reduction in this Amendment.
<TABLE>
<CAPTION>
Proposed
Proposed Maximum Maximum
Title of Securities Offering Price Aggregate Amount of
Being Registered Amount Being Registered Per Unit* Offering Price** Registration Fee
- ------------------- ----------------------- ----------------- ---------------- ----------------
<S> <C> <C> <C> <C>
Shares of Beneficial 8,700,000 shs. $ 1.00 $ 8,700,000 $ 3,000.00
Interest
Preferred Money
Market Fund
</TABLE>
* Based on offering price per share on November 15, 1995.
** Calculated pursuant to Rule 24e-2 under the Investment Company Act
of 1940. The total amount of securities redeemed or repurchased
during the Registrant's previous fiscal year was $249,655,268, all
of which has been used for reductions pursuant to Rule 24e-2(a)
or Rule 24f-2(c) under said Act in the current fiscal year, and
none of which is being used for such reduction in this Amendment.
The Registrant has also previously registered an indefinite number or
amount of its shares of beneficial interest pursuant to Rule 24f-2. The
Registrant filed a Rule 24f-2 Notice on August 22, 1995 in respect of the
fiscal year ended June 30, 1995.
<PAGE> 5
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the
Investment Company Act of 1940, the Registrant certifies that it meets all of
the requirements for effectiveness of this Registration Statement pursuant to
Rule 485(b) under the Securities Act of 1933 and 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 Peoria and the State of Illinois on the
6th day of December, 1995.
THE PREFERRED GROUP OF MUTUAL
FUNDS
By: P. Michael Pond*
-------------------------
Title: President
Pursuant to the Securities Act of 1933, this Amendment has been signed
below by the following persons in the capacities and on the dates indicated.
<TABLE>
<CAPTION>
Signature Title Date
- --------- ----- ----
<S> <C> <C>
P. Michael Pond* Trustee and President December 6, 1995
- ---------------- (Chief Executive Officer)
P. Michael Pond
William F. Bahl* Trustee December 6, 1995
- ----------------
William F. Bahl
Dixie L. Mills* Trustee December 6, 1995
- ---------------
Dixie L. Mills
Gary M. Anna* Trustee December 6, 1995
- -------------
Gary M. Anna
James F. Masterson* Trustee December 6, 1995
- -------------------
James F. Masterson
Fred L. Kaufman* Treasurer and Vice December 6, 1995
- ---------------- President (Principal
Fred L. Kaufman Financial and Principal
Accounting Officer)
*By: Fred L. Kaufman
----------------------------
Fred L. Kaufman
Attorney-in-Fact Pursuant to
Powers of Attorney Filed
Previously and for Himself
</TABLE>
