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Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
RULE 24F-2 NOTICE FOR
DEAN WITTER SELECT EQUITY TRUST
SELECTED OPPORTUNITIES SERIES 18
Registration Number 33-50105
October 7, 1994
Pursuant to Regulation 270.24f-2 ("Rule 24f-2") promulgated
under the Investment Company Act of 1940, as amended, Dean Witter Reynolds
Inc., as Sponsor of Dean Witter Select Equity Trust, Selected Opportunities
Series 18 (the "Trust"), a unit investment trust which elected to register
an indefinite number of units in accordance with Rule 24f-2, hereby submits
the notice and information required by Rule 24f-2:
(i) The fiscal year for which this notice is filed is the
period beginning on and including October 1, 1993 and ending on and
including September 30, 1994 (the "Period"). The election to register an
indefinite number of securities pursuant to Rule 24f-2 was terminated,
effective September 30, 1994, by Post-Effective Amendment No. 1 to the
Registration Statement filed on October 7, 1994.
(ii) The number or amount of securities of the same class or
series which have been registered under the Securities Act of 1933, as
amended, other than pursuant to Rule 24f-2 but which remain unsold at the
beginning of the Period was none.
(iii) The number or amount of securities registered during the
Period other than pursuant to Rule 24f-2 was none.
(iv) The number of securities sold during the Period was
3,225,985.1
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1 Actual aggregate sale price for which securities were sold was
$32,718,951.00, less actual aggregate price of securities redeemed or
repurchased, $2,713,354.00, equals the net aggregate sale price of
$30,005,597.00.
Footnote continued on next page.
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(v) Based on the number of securities referred to in
paragraph (iv) above, net of redemptions or repurchases referred to in the
footnote, the number of securities sold during the Period in reliance upon
registration pursuant to Rule 24f-2 was 2,937,035.
Very truly yours,
DEAN WITTER REYNOLDS INC.
By Michael D. Browne
Michael D. Browne
Vice President
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Footnote continued from previous page.
A filing fee in the amount of $5,501.12 (the total fee of $6,001.12,
in respect of $30,005,597.00 amount of securities of the Sponsor
(1/50th of 1%), net of the $500.00 initial filing fee for the Trust
as the 24f-2 election was terminated, effective September 30, 1994,
by Post-Effective Amendment No. 1 to the Registration Statement filed
October 7, 1994), has been included in this filing via wire transfer
to the designated lock-box.
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(Letterhead of Cahill Gordon & Reindel)
October 7, 1994
(212) 701-3000
Dean Witter Reynolds Inc.
Two World Trade Center
New York, New York 10048
Re: DEAN WITTER SELECT EQUITY TRUST,
SELECTED OPPORTUNITIES SERIES 18
Gentlemen:
We have acted as special counsel for you, as Sponsor of the
above-referenced trust, (a unit investment trust, herein called the
"Trust"), in connection with the issuance under a Trust Indenture and
Agreement and related Reference Trust Agreement (collectively, the
"Indenture"), among you and The Bank of New York, as Trustee, of units
of fractional undivided interest in the Trust (in the aggregate, the
"Units").
During the fiscal year ended September 30, 1994, certain
Units were sold by you upon their initial issuance and/or in
connection with your maintenance of a secondary market for Units. The
Bank of New York, as Trustee, has confirmed that certificates
evidencing the Units have been executed and delivered by the depositor
and the Trustee or the ownership of Units has been recorded on the
books of
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the Trustee, in either case in accordance with the Indenture.
We have examined copies of such documents delivered by The
Bank of New York, the Indenture, the form of certificate evidencing
the Units, the Rule 24f-2 Notice being filed today with the Securities
and Exchange Commission and such other documents as we have deemed
necessary or advisable for purposes of this opinion. We have assumed
that the copies of the documents we have reviewed and the signatures
thereon are genuine.
Based upon the foregoing, and in reliance upon such
documents delivered by The Bank of New York, we are of the opinion
that the Units, registration of which such Rule 24f-2 Notice makes
definite in number, were legally issued, fully paid and nonassessable.
Very truly yours,
CAHILL GORDON & REINDEL
