U.S. Securities and Exchange Commission
Washington, DC 20549
FORM 24f-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
1. Name and address of issuer:
Pauze' Funds
14340 Torrey Chase Blvd., Suite 170
Houston, TX 77014
2. 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: 811-8148
Securities Act File Number: 33-71562
4. (a) Last day of fiscal year for which this Form is filed: 04/30/98
(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). [ ]
(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
the fiscal year pursuant to section 24(f): $236,402,217
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(ii) Aggregate price of securities redeemed
or repurchased during the fiscal year: $223,003,035
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(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: $
-----------
(iv) Total available redemption credits
[add items 5(ii) and 5(iii)]: $223,003,035
-----------
(v) Net sales - if item 5(i) is greater than Item 5(iv)
[subtract Item 5(iv) from Item(i)]: $ 13,399,182
-----------
(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)]: $ ( )
-----------
(vii) Multiplier for determining registration fee: X .000295
-----------
(viii)Registration fee due [multiply Item 5(v) by
Item 5(vii)]: $ 3,952.76
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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 [effective date of recission of rule
24e-2], then report the amount of securities (number of shares or other
units) deducted here: ________. 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, than state that number here:
___________.
7. Interest due - if this Form is being filed more than 90 days after the end
of the issuer's fiscal year:
$
-----------
8. Total of the amount of the registration fee due plus any interest due [line
5(vii) plus line 7]:
$ 3,952.76
-----------
9. Date the registration fee and any interest payment was sent to the
Commission's lockbox depository: 07/24/98
CIK Number designated to receive payment: 0000914714
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Method of Delivery:
[X] 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 dates indicated.
By: /s/ David F. Ganley
-----------------------------
David F. Ganley
-----------------------------
Declaration Service Co.
(Fund Administrator)
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Date: 07/24/98
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