<PAGE> PAGE 1
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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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SIGNATURE TIMOTHY N. COAKLEY
TITLE ACCOUNTANT
<TABLE> <S> <C>
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<CIK> 0000906518
<NAME> NAVELLIER SERIES FUND
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<NAME> AGGRESSIVE SMALL CAP EQUITY PORTFOLIO
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</TABLE>
