Annual Notice of Securities Sold Pursuant to Rule 24F-2
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: Navellier Series Fund
1 East Liberty
Third Floor
Reno, NV 89501-2110
2. Name of each series or class of funds for which this
notice is filed: Navellier Aggressive Small Cap Equity
Portfolio
3. Investment Company Act File Number: 811-06229
Securities Act File Number: 33-64010
4. Last day of fiscal year for which this notice is filed:
December 31, 1996
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:
None
9. Number and aggregate sale price of securities sold during
the fiscal year:
Shares Sold: 16,325,181<PAGE>
Aggregate Sale Price: $ 286,125,562
10. Number and aggregate sale price of securities sold during
the fiscal year in reliance upon registration pursuant to
rule 24f-2:
Shares Sold: 16,325,181
Aggregate Sale Price: $ 286,125,562
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): $ 286,125,562
(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): - 217,842,421
(iv) Aggregate price of shares redeemed or repurchased
and previously applied as a reduction to filing fees
pursuant to rule 24e-2 (if applicable): +
(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):
$ 68,283,141
(vi) Multiplier prescribed by Section 6(b) of the
Securities Act of 1933 or other applicable law or
regulation (see Instruction C.6):
0.0003030303
(vii) Fee due [line (i) or line (v) multiplied by
line (vi)]:
$ 20,692.00
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<PAGE>
CFR 202.3a). /x/
Date of mailing or wire transfer of filing fees to the
Commission s lockbox depository: February 27,
1997 - 10:40 a.m.
Reference No. FT0005
SIGNATURES
This report has been signed by the following persons on behalf
of the issuer and in the capacities and on the dates
indicated.
By (Signature and Title)*/s/Louis Navellier
Louis Navellier, President and
Chairman
of the Board of Trustees
Date: 2/28/97
*Please print the name and title of the signing
officer below the signature.<PAGE>
Law Offices
SAMUEL KORNHAUSER
155 Jackson Street
Suite 1807
San Francisco, CA 94111
(415) 981-6281; FAX (415) 981-7616
February 20, 1997
VIA FAX AND UPS NEXT DAY AIR
Navellier Management, Inc.
One East Liberty, Third Floor
Reno, Nevada 89501
Re: The Navellier Series Fund
33-64010 under Securities Act of 1933
811-7768 under Investment Company Act of 1940
Mr. Navellier:
This opinion is furnished to you as Investment Advisor to The Navellier
Series Fund in connection with Rule 24f-2 of the Investment Company Act of
1940. I understand that, pursuant to Rule 24f-2, The Navellier Series Fund
(the Fund ) has registered an indefinite number of shares of beneficial
interest ( Shares ) under the Securities Act of 1933. I further understand
that, pursuant to the provisions of Rule 24f-2, the Fund is filing with the
Securities and Exchange Commission the Notice attached hereto making
definite the registration of the Shares sold in reliance upon Rule 24f-2
during the year ended December 31, 1996.
In rendering my opinion, I have examined such documents, records, and other
matters of law as I have deemed necessary for purposes of this opinion. I
have assumed, without independent investigation or verification, the
genuineness of all signatures of all parties, the authenticity of all
documents submitted as originals, the correctness of all copies, and the
correctness of all facts set forth in certificates delivered to me or
written or oral statements made to me. This opinion is issued as of the
date hereof and is necessarily limited by laws now in effect and facts and
circumstances presently brought to my attention and is subject to any
change in law or facts reported or occurring subsequent to the date hereof.
Based upon and subject to the foregoing, it is my opinion that the Shares,
which the Rule 24f-2 Notice attached hereto makes definite in number, were
legally issued, fully paid, and non-assessable.<PAGE>
Navellier Management, Inc.
February 20, 1997
Page 2
My opinion is rendered solely in connection with the Rule 24f-2 Notice
attached hereto and may not be relied upon for any other purpose or by any
other person, firm, or entity without my written consent.
Sincerely,
/s/ Samuel Kornhauser
Samuel Kornhauser
Attorney for
Navellier Management, Inc.
SK:sr
Enclosure<PAGE>
