U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
Read instructions at end of Form before preparing Form.
Please print or type.
1. Name and address of issuer:
BJB Investment Funds
330 Madison Avenue
New York, New York 10017
2. Name of each series or class of funds for which this notice is filed:
BJB Global Income Fund
BJB International Equity Fund
3. Investment Company Act File Number: 811-6652
Securities Act File Number: 33-47507
4. Last day of fiscal year for which this notice is filed: October 31, 1995
5. Check box if this notice is being filed more than 180 days after the close
of the issuer's fiscal year for purposes of reporting securities sold after
the close of the fiscal year but before termination of the issuer's 24f-2
declaration: [ ]
6. Date of termination of issuer's declaration under rule 24f-2(a)(1), if
applicable (see Instruction A.6):
7. Number and 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 in a prior fiscal year, but which remained unsold at the beginning of
the fiscal year:
None
8. Number and amount of securities registered during the fiscal year other
than pursuant to rule 24f-2:
BJB Global Income Fund: Number of shares: 1,887,344
Amount: $17,211,262
<PAGE>
9. Number and aggregate sale price of securities sold during the fiscal year:
Class A
BJB Global Number of shares Aggregate sale price
Income Fund-Shares sold: 58,447 $652,663
Reinvested: 49,173 $566,530
Class B
BJB Global Number of shares Aggregate sale price
Income Fund-Shares sold: None None
Reinvested: 78 $ 901
Class A
BJB International Number of shares Aggregate sale price
Equity Fund-Shares sold: 267,288 $2,763,238
Reinvested: None None
Class B
BJB International Number of shares Aggregate sale price
Equity Fund-Shares sold: None None
Reinvested: None None
10. Number and aggregate sale price of securities sold during the fiscal year
in reliance upon registration pursuant to rule 24f-2:
Class A
BJB Global Number of shares Aggregate sale price
Income Fund-Shares sold: 58,447 $652,663
Reinvested: 49,173 $566,530
Class B
BJB Global Number of shares Aggregate sale price
Income Fund-Shares sold: None None
Reinvested: 78 $ 901
Class A
BJB International Number of shares Aggregate sale price
Equity Fund-Shares sold: 267,288 $2,763,238
Reinvested: None None
Class B
BJB International Number of shares Aggregate sale price
Equity Fund-Shares sold: None None
Reinvested: None None
11. Number and aggregate sale price of securities issued during the fiscal year
in connection with dividend reinvestment plans, if applicable (see
Instruction B.7):
12. Calculation of registration fee:
(i) Aggregate sale price of securities sold
during the fiscal year in reliance on
rule 24f-2 (from Item 10): $ 3,983,332
<PAGE>
(ii) Aggregate price of shares issued in
connection with dividend reinvestment
plans (from Item 11, if applicable): +
(iii) Aggregate price of shares redeemed or
repurchased during the fiscal year (if
applicable): -($3,983,332)
(iv) Aggregate price of shares redeemed or
repurchased and previously applied as
a reduction to filing fees pursuant to
rule 24e-2 (if applicable): + 0
(v) Net aggregate price of securities sold
and issued during the fiscal year in
reliance on rule 24f-2 [line (i), plus
line (ii), less line (iii), plus line
(iv)] (if applicable): 0
(vi) Multiplier prescribed by Section 6(b)
of the Securities Act of 1933 or other
applicable law or regulation (see
Instruction C.6): x 1/2900
(vii) Fee due [line (i) or line (v) multiplied
by line (vi)]: 0
INSTRUCTION: Issuers should complete lines (ii), (iii), (iv), and (v) only if
the form is being filed within 60 days after the close of the issuer's fiscal
year. See Instruction C.3.
13. Check box if fees are being remitted to the Commission's lockbox depository
as described in section 3a of the Commission's Rules of Informal and Other
Procedures (17 CFR 202.3a). [ ]
Date of mailing or wire transfer of filing fees to the Commission's lockbox
depository:
SIGNATURES
This report has been signed below by the following persons on behalf of the
issuer and in the capacities and on the dates indicated.
By (Signature and Title)*
/s/Bernard Spilko
Bernard Spilko, Chief Financial Officer
Date December 22, 1995
*Please print the name and title of the signing officer below the signature.
[BAKER & MCKENZIE LETTERHEAD]
December 20, 1995
BJB Investment Funds
330 Madison Avenue
New York, NY 10017
Dear Sirs:
We refer to the Rule 24f-2 Notice (the "Rule 24f-2 Notice") dated December
22, 1995, with respect to Post-Effective Amendment No. 5 (the "Post-Effective
Amendment") to the Registration Statement on Form N-1A relating to the shares of
beneficial interest, par value $0.001 per share, of BJB Investment Funds, a
Massachusetts business trust (the "Trust"). The Post-Effective Amendment
registered an indefinite number of shares of beneficial interest of the Trust
pursuant to Rule 24f-2 under the Investment Company Act of 1940, as amended. The
Rule 24f-2 Notice makes definite the number of shares of beneficial interest of
the Trust sold during the Trust's fiscal year ended October 31, 1995 that were
so registered under the Post-Effective Amendment.
We have examined and relied upon copies of the Post-Effective Amendment and
the Rule 24f-2 Notice and have examined and relied upon originals, or copies
certified to our satisfaction, of such corporate records, documents,
certificates and other instruments as in our judgment are necessary or
appropriate to enable us to render the opinion set forth below.
Based on the foregoing, we are of the opinion that the shares of beneficial
interest of the Trust, the registration of which the Rule 24f-2 Notice makes
definite in number, were duly authorized, legally issued, fully paid and
nonassessable.
We hereby consent to the use of this opinion in connection with the filing
of the Rule 24f-2 Notice. In giving such consent, we do not thereby admit that
we come within the category of persons whose consent is required under section 7
of the Securities Act of 1933, as amended, or the rules and regulations of the
Securities and Exchange Commission thereunder.
Very truly yours,
/s/ Baker & McKenzie
