Sub-Item 77I - Terms of New or Amended Securities
(a) N/A
(b) On September 15, 2000, the Magnet Total Market Growth Fund
(the "Fund") commenced offering shares. With respect to the
Magnet Total Market Growth Fund the Registrant incorporates
herein by this reference Post-Effective Amendment No. 19 to the
Trust's Registration Statement on Form N-1A (Nos. 33-72424 and
811-08194), with specific reference to pages 134-136, 146-148 and
279-290 for a description of the Fund, as filed with the SEC on
August 25, 2000 and which Amendment became effective on August
28, 2000.
