INTERACTIVE INVESTMENTS
N-18F1, 1996-08-08
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                           N-18F1

DOCUMENT-DATE: August 8, 1996
FILING-DATE: August 8, 1996

AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON 
AUGUST 8, 1996

             SECURITIES AND EXCHANGE COMMISSION
                    Washington, D.C. 20549

     NOTIFICATION OF ELECTION PURSUANT TO RULE 18F-1 UNDER
              THE INVESTMENT COMPANY ACT OF 1940

                Interactive Investments Trust
                  EXACT NAME OF REGISTRANT

                  NOTIFICATION OF ELECTION

The undersigned registered open-end investment company 
hereby notifies the Securities and Exchange Commission that 
it elects to commit itself to pay in cash all redemptions by 
a shareholder of record as provided by Rule 18f-1 under the 
Investment Company Act of 1940. It is understood that this 
election is irrevocable while such Rule is in effect unless 
the Commission by order upon application permits the 
withdrawal of this Notification of Election.

                         SIGNATURE

Pursuant to the requirements of Rule 18f-1 under the 
Investment Company Act of 1940, the registrant has caused 
this notification of election to be duly executed on its 
behalf in the city of Milpitas and the state of California 
on the 8th day of August, 1996.

Interactive Investments Trust
(Name of Registrant)



By:     /s/ Kevin Landis
            Kevin Landis
            President, Interactive Investments Trust



Attest: /s/ Ken Kam
            Ken Kam
            Secretary, Interactive Investments Trust




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