UNITED STATES
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:
WM Variable Trust
c/o First Data Investor Services Group
101 Federal Street
Boston MA, 02110
2. The name of each series or class of securities for which this Form
is filed (If the Form is being filed for all series and
classes of securities of the issuer, check the box but do not
list series or classes): X
3. Investment Company Act File Number:
811-7462
Securities Act File Number:
33-57732
4(a). Last day of fiscal year for which this Form is filed:
December 31, 1998
4(b). __ Check box if this Form is being filed late (i.e., more than 90
calendar days after the end of the issuer's fiscal year).
(See Instruction A.2)
Note: If the Form is being filed late, interest must be paid on the
registration fee due.
4(c). __ Check box if this is the last time the issuer will be filing this Form.
5. Calculation of registration fee:
(i) Aggregate sale price of securities sold during thefiscal year
pursuant to section 24(f): $( -0- )*
(ii) Aggregate price of securities redeemed or
repurchased during the fiscal year: $( N/A )
(iii) Aggregate price of securities redeemed or repurchased during
any prior fiscal year ending no earlier than October 11, 1995
that were not previously used to reduce registration fees
payable to the Commission: $( N/A )
(iv) Total available redemption credits (add Items
5(ii) and 5(iii): $( N/A )
(v) Net sales - if Item 5(i) is greater than Item 5(iv)
[subtract Item 5(iv) from Item 5(i)]: $ ( N/A )
(vi) Redemption credits available for use in future years - if Item
5(i) is less than Item 5(iv)
[subtract Item 5(iv) from Item 5(i)]: $( N/A )
(vii) Multiplier for determining registration fee (See
Instruction C.9): x.000278
(viii) Registration fee due [multiply Item 5(v) by Item
5(vii)] (enter "0" if no fee is due): $( -0- )*
6. Prepaid Shares
If the response to Item 5(i) was determined by deducting an amount of
securities that were registered under the Securities Act of 1933
pursuant to rule 24e-2 as in effect before October 11, 1997, then
report the amount of securities (number of shares or other units)
deducted here: N/A. If there is a number of shares or other units that
were registered pursuant to rule 24e-2 remaining unsold at the end of
the fiscal year for which this Form is filed that are available for use
by the issuer in future fiscal years, then state that number here: N/A.
7. Interest due - if this Form is being filed more than 90 days after the
end of the issuer's fiscal year (see instruction D): $ N/A
8. Total of the amount of the registration fee due plus any interest due
[line 5(viii) plus line 7]: =$( -0- )*
* No fee is due as all shares were sold to unmanaged separate accounts whose
interests have been registered under the Securities Act of 1933 and for
which the registration fees have been paid. The Registrant offers its
shares exclusively to registered separate accounts of affiliated insurance
companies.
9. Date the registration fee and any interest payment was sent to the
Commission's lockbox depository:
N/A
Method of Delivery:
__ Wire Transfer
__ Mail or other means
SIGNATURES
This report has been signed below by the following persons on behalf of the
issuer and in the capacities and on the date indicated.
By (Signature and Title)* MONTE D. CALVIN
Monte D. Calvin, Chief Financial Officer
Date March 31, 1999
*Please print the name and title of the signing officer below the signature.
