As filed with the Securities and Exchange Commission on December 15, 1999
Securities Act File No. 33-50390
Investment Company Act File No. 811-7076
================================================================================
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. 18 X
REGISTRATION STATEMENT UNDER THE
INVESTMENT COMPANY ACT OF 1940 X
Amendment No. 19 X
WILSHIRE TARGET FUNDS, INC.
(Exact Name of Registrant as Specified in Charter)
c/o PFPC Inc.
101 Federal Street
Boston, MA 02110
Registrant's Telephone Number, including Area Code: (617) 535-0534
Name and Address of Agent for Service:
Julie A. Tedesco, Esq.
Wilshire Target Funds, Inc.
c/o PFPC Inc.
101 Federal Street
Boston, MA 02110
It is proposed that the filing will become effective:
immediately upon filing pursuant to paragraph (b)
X on December 22, 1999 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)
on pursuant to paragraph (a)(2) of Rule 485
* This post-effective amendment is being filed pursuant to Rule
485(b)(1)(iii) for the sole purpose of designating a new effective date
for Post-Effective Amendment No. 17 which was filed pursuant to Rule
485(a) under the Securities Act of 1933, as amended on October 15, 1999.
The new effective date is no earlier than the effective date designated in
the previously filed amendment under paragraph (a) of Rule 485 and is no
later than 30 days after that date.
<PAGE>
If appropriate check the following box:
X This post-effective amendment designates a new effective date for a
previously filed post-effective amendment.
PART A
Prospectuses for Large Company Growth Portfolio, Large Company Value
Portfolio, Small Company Growth Portfolio, Small Company Value Portfolio and
Wilshire 5000 Index Portfolio are incorporated by reference to Registrant's
Post-Effective Amendment No. 17 as filed with the Securities and Exchange
Commission ("SEC") on October 15, 1999 (Accession No. 00009274505-99-000335)
("Post-Effective Amendment No. 17").
PART B
Statements of Additional Information for Large Company Growth Portfolio, Large
Company Value Portfolio, Small Company Growth Portfolio, Small Company Value
Portfolio and Wilshire 5000 Index Portfolio are incorporated by reference to
Registrant's Post-Effective Amendment No. 17.
<PAGE>
WILSHIRE TARGET FUNDS, INC.
PART C - OTHER INFORMATION
Item 23.
Exhibits:
(a) Articles of Incorporation dated July 30, 1992 is
incorporated by reference to Exhibit (1)(a) of
Post-Effective Amendment No. 3 to the Registration
Statement on Form N-1A which was filed on November
12, 1993 ("Post-Effective Amendment No. 3").
Articles of Amendment dated August 20, 1992 to the
Articles of Incorporation is incorporated by
reference to Exhibit (1)(b) of Post-Effective
Amendment No. 3.
Articles Supplementary to the Articles of
Incorporation classifying shares of each Series of
the Fund is incorporated by reference to Exhibit
(1)(d) of Post-Effective Amendment No. 8 to the
Registration Statement on Form N-1A which was filed
on April 2, 1996 ("Post-Effective Amendment No. 8").
Articles of Amendment to the Articles of
Incorporation amending the name of the Fund and the
name of a class of shares of each Series of the Fund
is incorporated by reference to Post-Effective
Amendment No. 8.
Articles Supplementary dated June 24, 1997 to the
Articles of Incorporation establishing and
classifying shares of the Intermediate Portfolio
Corporate Bond and Long-Term Corporate Bond Portfolio
of the Fund is incorporated by reference to
Post-Effective Amendment No. 11 to the Registration
Statement on Form N-1A which was filed on July 10,
1997 ("Post-Effective Amendment No. 11").
Articles Supplementary dated June 8, 1998 to the
Articles of Incorporation establishing and
classifying shares of the Wilshire 5000 Index
Portfolio is incorporated by reference to
Post-Effective Amendment No. 13 to the Registration
Statement on Form N-1A which was filed on November 2,
1998 ("Post-Effective Amendment No. 13").
Articles Supplementary dated June 7, 1999 to the
Articles of Incorporation reclassifying shares of the
Wilshire 5000 Index Portfolio is incorporated by
reference to Post-Effective Amendment No. 16 to the
Registration Statement on Form N-1A which was filed
on July 2, 1999 ("Post-Effective Amendment No. 16").
(b) By-Laws dated July 30, 1992, as revised September 17,
1992, are incorporated by reference to Exhibit (2) of
Post-Effective Amendment No. 3.
Amended By-Laws dated September 9, 1996, as
subsequently amended October 1, 1996, are
incorporated by reference to Exhibit (2)(b) of
Post-Effective Amendment No. 10 to the Registration
Statement on Form N-1A which was filed on October 30,
1996 ("Post-Effective Amendment No. 10").
(c) Not Applicable.
(d) Investment Advisory Agreement between the Fund and
Wilshire Associates Incorporated relating to the
Large Company Growth, Large Company Value, Small
Company Growth and Small Company Value Portfolios
dated July 11, 1996 is incorporated by reference to
Exhibit (5)(a) of Post-Effective Amendment No. 10.
Letter Amendment to the Investment Advisory Agreement
between the Fund and Wilshire Associates Incorporated
dated June 8, 1998 relating to the Wilshire 5000
Index Portfolio is incorporated herein by reference
to Post-Effective Amendment No. 13.
(e) Distribution Agreement between the Fund and First
Data Distributors, Inc. dated March 3, 1997 is
incorporated herein by reference to Post-Effective
Amendment No. 11.
New Distribution Agreement between the Fund and Provident Distributors,
Inc. to be filed by
amendment.
(f) Not Applicable.
(g) Custody Agreement between the Fund and The Northern
Trust Company dated June 3, 1996 is incorporated
herein by reference to Post-Effective Amendment No.
11.
Letter Agreement between the Fund and The Northern
Trust Company dated November 5, 1996 is incorporated
herein by reference to Post-Effective Amendment No.
11.
(h) Services Agreement between the Fund and First Data Investor
Services Group, Inc. dated May 31, 1999, is incorporated by reference to
Post-Effective Amendment No. 17 to the Registration Statement on Form N-1A which
was filed on October 15, 1999 ("Post-Effective Amendment No. 17").
(i) Not Applicable.
(j) Powers of Attorney of the Directors and officers are incorporated by
reference to Exhibit (11)(b)
of Post-Effective Amendment No. 8.
Powers of Attorney of Directors and officers are
incorporated by reference to Exhibit (11)(c) of
Post-Effective Amendment No. 9 to the Registration
Statement on Form N-1A which was filed on May 31,
1996 ("Post-Effective Amendment No. 9").
Power of Attorney of Cynthia A. Hargardon is incorporated herein by
reference to Post-Effective Amendment No. 13. to the
Registration Statement on Form N-1A which was filed on November 2, 1998.
(k) Not Applicable.
(l) Purchase Agreement between the Company and Wilshire
Associates Incorporated dated November 6, 1998
relating to the Wilshire 5000 Index Portfolio is
incorporated herein by reference to Post-Effective
Amendment No. 13 to the Registration Statement on
Form N-1A which was filed on November 2, 1998.
(m) Service and Distribution Plan under Rule 12b-1, for
Qualified Class shares, adopted as of June 7, 1999 is
incorporated herein by reference to Post-Effective
Amendment No. 16.
Service and Distribution Plan under Rule 12b-1, for
Horace Mann Class shares, adopted as of June 7, 1999
is incorporated herein by reference to Post-Effective
Amendment No. 16.
Amended and Restated Service and Distribution Plan
under Rule 12b-1, adopted as of June 3, 1997 is
incorporated herein by reference to Post-Effective
Amendment No. 11.
(n) Not Applicable.
(o) Amended and Restated Rule 18f-3(d) Plan, adopted as
of June 7, 1999 is incorporated herein by reference
to Post-Effective Amendment No. 16.
Item 24. Persons Controlled by or under Common Control with Registrant
Not Applicable.
<PAGE>
Item 25. Indemnification
The statement as to the general effect of any contract, arrangements, or statute
under which a Director, officer, underwriter, or affiliated person of the
Registrant is insured or indemnified in any manner against any liability which
may be incurred in such capacity, other than insurance provided by any director,
officer, affiliated person, or underwriter for his/her own protection, is
incorporated by reference to Item 27 of Part C of Pre-Effective Amendment No. 1
to the Registration Statement on Form N-1A which was filed on September 23,
1992.
Reference is also made to the Distribution Agreement filed as Exhibit (e).
Item 26. Business and Other Connections of Investment Adviser
The list required by this Item 26 of officers and directors of Wilshire
Associates Incorporated, together with the information as to any other business,
profession, vocation, or employment of substantial nature engaged in by such
officers and directors during the past two years, is incorporated by reference
to Schedules A and D of Form ADV filed by Wilshire Associates Incorporated
pursuant to the Investment Advisers Act of 1940 (SEC File No. 801-36233).
Item 27. Principal Underwriters
(a) Provident Distributors, Inc. (the "Distributor") act as principal
underwriter for the following investment companies as of 12/1/99: International
Dollar Reserve Fund I, Ltd., Provident Institutional Funds Trust, Pacific
Innovations Trust, Columbia Common Stock Fund, Inc., Columbia Growth Fund, Inc.,
Columbia International Stock Fund, Inc., Columbia Special Fund, Inc., Columbia
Small Cap Fund, Inc., Columbia Real Estate Equity Fund, Inc., Columbia Balanced
Fund, Inc., Columbia Daily Income Company, Columbia U.S. Government Securities
Fund, Inc., Columbia Fixed Income Securities Fund, Inc., Columbia Municipal Bond
Fund, Inc., Columbia High Yield Fund, Inc., Columbia National Municipal Bond
Fund, Inc., GAMNA Series Funds, Inc., WT Investment Trust, Kalmar Pooled
Investment Trust, The RBB Fund, Inc., Robertson Stephens Investment Trust, HT
Insight Funds, Inc., Harris Insight Funds Trust, Hilliard-Lyons Government Fund,
Inc., Hilliard-Lyons Growth Fund, Inc., Hilliard-Lyons Research Trust, Senbanc
Fund, ABN AMRO Funds, BT Insurance Funds Trust, Alleghany Funds, First Choice
Funds Trust, LKCM Funds, The Galaxy Fund, The Galaxy VIP Fund, Galaxy Fund II,
IBJ Funds Trust, Panorama Trust, Undiscovered Managers Fund, New Covenant Funds,
Forward Funds, Inc., Northern Institutional Funds, Light Index Funds, Inc. Weiss
Peck & Greer Funds Trust, Weiss Peck & Greer International Fund, WPG Growth
Fund, WPG Growth & Income Fund, WPG Tudor Fund, RWB/WPG U..S. Large Stock Fund,
Tomorrow Funds Retirement Trust, The Govett Funds, Inc., IAA Trust Growth Fund,
Inc., IAA Trust Asset Allocation Fund, Inc., IAA Trust Tax Exempt Bond Fund,
Inc., IAA Trust Taxable Fixed Income Series Fund, Inc., Matthews International
Funds, MCM Funds, Metropolitan West Funds, Smith Breeden Series Fund, Smith
Breeden Trust, Stratton Growth Fund, Inc., Stratton Monthly Dividend REIT
Shares, Inc., The Stratton Funds, Inc., Trainer, Wortham First Mutual Funds and
The BlackRock Funds, Inc. (Distributed by BlackRock Distributors, Inc. a wholly
owned subsidiary of Provident Distributors, Inc.), Northern Funds Trust
(Distributed by Northern Funds Distributors, LLC. a wholly owned subsidiary of
Provident Distributors, Inc.) and The Offit Variable Insurance Fund, Inc.
(Distributed by Offit Funds Distributor, Inc. a wholly owned subsidiary of
Provident Distributors, Inc. Provident Distributors, Inc. is registered with the
Securities and Exchange Commission as a broker-dealer and is a member of the
National Association of Securities Dealers. Provident Distributors, Inc. is
located at Four Falls Corporate Center, Suite 600, West Conshohocken,
Pennsylvania 19428-2961.
(b) The information required by this Item 27(b) with
respect to each director, officer or partner of
Provident Distributors, Inc. ("PDI") is incorporated
by reference to Schedule A of Form BD filed by PDI
with the SEC pursuant to the Securities Act of 1934
(File No. 8-46564). No director, officer, or partner
of PDI holds a position or office with the
Registrant.
Item 28. Location of Accounts and Records
1. PFPC Inc.
3200 Horizon Drive
King of Prussia, PA 19406-0903
(records relating to its function as fund accounting and transfer agent)
2. PFPC Inc.
101 Federal Street
Boston, Massachusetts 02110
(records relating to it functions as administrator)
3. PFPC Inc.
4400 Computer Drive
Westborough, Massachusetts 01581
(records relating to its functions as administrator)
4.Provident Distributors, Inc. Four Falls Corporate Center 6th
Floor West Conshohocken, PA 19428 (records relating to its
functions as distributor)
<PAGE>
5.The Northern Trust Company 50 LaSalle Street Chicago,
Illinois 60675 (records relating to its function as custodian)
6. Wilshire Associates Incorporated
1299 Ocean Avenue
Suite 700
Santa Monica, CA 90401
(records relating to its function as investment adviser)
Item 29. Management Services
Not Applicable.
Item 30. Undertakings
Not Applicable.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, and the
Investment Company Act of 1940, as amended, the Registrant, Wilshire Target
Funds, Inc., certifies that it meets the requirements for effectiveness pursuant
to Rule 485(b) of the Securities Act of 1933, as amended, and has duly caused
this Post-Effective Amendment No. 18 to be signed on its behalf by the
undersigned, thereto duly authorized in the City of Boston, and Commonwealth of
Massachusetts on the 15th day of December, 1999.
WILSHIRE TARGET FUNDS, INC.
BY: /s/ Thomas D. Stevens
Thomas D. Stevens
PRESIDENT
Pursuant to the requirements of the Securities Act of 1933, as amended, this
Amendment to the Registration Statement has been signed below by the following
persons in the capacities and on the dates indicated.
<TABLE>
<CAPTION>
<S> <C> <C> <C>
Signatures Title Date
/s/ Thomas D. Stevens President, December 15, 1999
- ---------------------
Thomas D. Stevens Chairman of the Board,
and Director
(Principal Executive Officer)
/s/ David R. Borger Treasurer December 15, 1999
- --------------------
David R. Borger (Principal Financial Officer)
* Director December 15, 1999
- --------------------------------
DeWitt F. Bowman
* Director December 15, 1999
- --------------------------------
Cynthia A. Hargardon
* Director December 15, 1999
- --------------------------------
Robert J. Raab, Jr.
* Director December 15, 1999
- --------------------------------
Anne Wexler
*BY: /s/ JULIE A. TEDESCO December 15, 1999
Julie A. Tedesco
Attorney-in-Fact
</TABLE>
