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APPENDIX I UNITED STATES OMB APPROVAL
SECURITIES AND EXCHANGE COMMISSION OMB Number: 3235-0456
Washington, D.C. 20549 Expires: August 31, 2000
Estimated average burden
FORM 24F-2 hours per response.....1
Annual Notice of Securities Sold ------------------------
Pursuant to Rule 24f-2
Read instructions at end of Form before preparing Form. Please print or type.
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1. Name and address of Issuer:
Protective Investment Company
2801 Highway 280 South
Birmingham, Alabama 35223
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2. The 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): / /
Global Income Fund, International Equity Fund, Capital Growth Fund,
Growth and Income Fund, CORE U.S. Equity Fund (formerly Select Equity
Fund), Small Cap Equity Fund and Money Market Fund
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3. Investment Company Act File Number: 811-8674
Securities Act File Number: 33-71592
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4(a).Last day of fiscal year for which this Form is filed:
December 31, 1997
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4(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). (See
Instruction A.2)
Note: If the Form is being filed late, interest must be paid on the
registration fee due.
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4(c)./ / Check box if this is the last time the issuer will be filing this
Form.
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5. Calculation of registration fee:
(i) Aggregate sale price of securities sold during the $373,460,385
fiscal year pursuant to section 24(f): ------------
(ii) Aggregate price of securities redeemed or
repurchased during the fiscal year: $73,561,026
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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: $ 0
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(iv) Total available redemption credits (add Items 5(ii) and 5(iii): $ 73,561,026
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(v) Net sales - If Item 5(i) is greater than Item 5(iv)
[subtract Item 5(iv) from Item 5(i)]: $299,899,359
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(vi) Redemption credits available for use in future years $ (0)
-- if Item 5(i) is less than Item 5(iv) [subtract Item -----------
5(iv) from Item 5(i)]:
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(vii) Multiplier for determining registration fee (See x 0
Instruction C.9): ------------
(viii) Registration fee due [multiply Item 5(v) by Item
5(vii)] (enter "0" if no fee is due): =$ 0 (*)
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6. Prepaid Shares
If the response to Item 5(f) was determined by deducting an amount of securities that were
registered under the Securities Act of 1933 pursuant to rule 24a-2 as in effect before [effective
date of rescission 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, then state that
number here: _______.
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7. Interest due - If this Form is being filed more than 90 days after the end of the issuer's fiscal
year (see Instruction D):
+$ 0
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8. Total of the amount of the registration fee due plus any interest due [line 5(viii) plus line 7]:
(*) Registrant's shares sold exclusively to an unmanaged
separate account organized as a unit investment trust. =$ 0
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9. Date the registration fee and any interest payment was sent to the Commission's lockbox depository:
Method of Delivery:
/ / Wire Transfer
/ / Mail or other means
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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 (Signature and Title)* /s/ John M. O'Sullivan
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Treasurer
Date Feb 27, 1998
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*Please print the name and title of the signing officer below the signature.
