File No. 333-04675 and 811-7662
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-14
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
[ ] Pre-Effective Amendment No.
------
[ X ] Post-Effective Amendment No. 2
(Check appropriate box or boxes)
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ACCOLADE FUNDS/MEGATRENDS FUND
(Exact Name of Registrant as Specified in Charter)
(800) 426-6635
(Registrant's Telephone Number, Including Area Code)
7900 Callaghan Road
San Antonio, Texas 78229
(Address of Principal Executive Offices)
Thomas D. Tays
7900 Callaghan Road
San Antonio, Texas 78229
(Name and Address of Agent for Service)
Approximate Date of Proposed Public Offering: Registrant proposed that this
Registration Statement will become effective pursuant to Rule 488 under the
Securities Act of 1933.
Pursuant to Rule 473(b), the registration statement shall hereby become
effective in accordance with the provisions of Section 8(a) of the Securities
Act of 1933. The Registrant, pursuant to Rule 461, hereby requests acceleration
of its effective date to October 17, 1996.
No filing fee is required under the Securities Act of 1933 because an indefinite
number of shares of beneficial interest, without par value, has previously been
registered pursuant to Rule 24f-2 under the Investment Company Act of 1940, as
amended. The Registrant's Rule 24f-2 Notice for its most recent fiscal year was
filed on November 28, 1995.
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<PAGE>
Post Effective Amendment No. 1 to N-14 filed on October 11, 1996 is incorporated
by reference into this Post Effective Amendment No. 2.
The purpose of this filing is to submit the following undertaking:
ITEM 17. UNDERTAKING
The undersigned registrant undertakes to file Post Effective Amendment No. 3
which will include as an exhibit a tax opinion from Fried, Frank, Harris,
Shriver & Jacobson (a draft of which was submitted as Exhibit 99.12 with Post
Effective Amendment No. 1). This filing will be made as soon as possible after
the Special Meeting of Shareholders.
<PAGE>
SIGNATURE PAGE
As required by the Securities Act of 1933, this registration statement has been
signed on behalf of the registrant, in the City of San Antonio and State of
Texas, on the 16th day of October, 1996.
Registrant: ACCOLADE FUNDS/MEGATRENDS FUND
By: * /s/ Frank E. Holmes
------------------------------------
PRESIDENT
As required by the Securities Act of 1933, this registration statement has been
signed below by the following persons in the capacities and on the date
indicated:
SIGNATURE TITLE DATE
- - ------------------------ -------------------------- ---------------
* /s/ Frank E. Holmes
- - ------------------------ President, Chief Executive October 16, 1996
FRANK E. HOLMES Officer, Trustee
* /s/ Richard E. Hughs
- - ------------------------ Trustee October 16, 1996
RICHARD E. HUGHS
* /s/ Clark R. Mandigo
- - ------------------------ Trustee October 16, 1996
CLARK R. MANDIGO
* BY: /s/ Thomas D. Tays
---------------------- Vice President, October 16, 1996
THOMAS D. TAYS Secretary
POWER OF ATTORNEY
POWER OF ATTORNEY
We the undersigned officers and Trustees of Accolade Funds (the "Trust"),
do hereby severally constitute and appoint Bobby D. Duncan, Frank E. Holmes,
Susan B. McGee, and Thomas D. Tays, and each of them acting singularly, as our
true and lawful attorneys, with full powers to them and each of them to sign for
us, in our names in the capacities indicated below, any Amendment to the
Registration Statement of the Trust on Form N-14 to be filed with the Securities
and Exchange Commission and to take such further action in respect thereto as
they, in their sole discretion, deem necessary to enable the Trust to comply
with the provisions of the Securities Act of 1933, as amended, and the
Investment Company Act of 1940, as amended, and all requirements and regulations
of the Securities and Exchange Commission, hereby ratifying and confirming our
signatures as they may be signed by our said attorneys to any and all documents
related to said amendment to the Registration Statement.
IN WITNESS WHEREOF, we have hereunto set our hands on the dates indicated
below.
SIGNATURE TITLE DATE
- - ---------------------- -------------------------- ------------------
/S/ FRANK E. HOLMES President, Principle October 8, 1996
- - ---------------------- Executive Officer
Frank E. Holmes Trustee
/S/ CLARK R. MANDIGO Trustee October 8, 1996
- - ----------------------
Clark R. Mandigo
/S/ RICHARD E. HUGHS Trustee October 8, 1996
- - ----------------------
Richard E. Hughs
/S/ BOBBY D. DUNCAN Vice President October 8, 1996
- - ---------------------- Chief Operating Officer and
Bobby D. Duncan Chief Financial Officer
/S/ KEVIN WHITE Principal Accounting Officer October 8, 1996
- - ----------------------
Kevin White
