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U. S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
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: LKCM FUND
301 Commerce St, Suite 1600
Fort Worth, TX 76102
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2. Name of each series or class of funds for which this notice is filed:
LKCM Small Cap Equity Portfolio
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3. Investment Company Act File Number: 811-8352
Securities Act File Number: 33-75116
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4. Last day of fiscal year for which this notice is filed:
December 31, 1995
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5. Check box if this notice is being filed more than 180 days after the close of
the issuer's fiscal year for purposes of reporting securities sold after the
close of the fiscal year but before termination of the issuer's 24f-2
declaration: [_]
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6. Date of termination of issuer's declaration under rule 24f-2(a)(1), if
applicable (see Instruction A, 6):
N/A
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7. Number and amount of securities of the same class or series which had been
registered under the Securities Act of 1933 other than pursuant to
rule 24f-2 in a prior fiscal year, but which remained unsold at the
beginning of the fiscal year:
0
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8. Number and amount of securities registered during the fiscal year other than
pursuant to rule 24f-2:
0
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9. Number and aggregate sale price of securities sold during the fiscal year:
3,540,654 $44,760,462
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10. Number and aggregate sale price of securities sold during the fiscal year in
reliance upon registration pursuant to rule 24f-2:
3,540,654 $44,760,462
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11. Number and aggregate sale price of securities issued during the fiscal year
in connection with dividend reinvestment plans, if applicable (see
Instruction b.7):
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12. Calculation of registration fee:
(i) Aggregate sale price of securities sold
during the fiscal year in reliance on
rule 24f-2 (from Item 10): $ 44,760,462
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(ii) Aggregate price of shares issued in
connection with dividend reinvestment plans
(from Item 11, if applicable): +
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(iii) Aggregate price of shares redeemed or
repurchased during the fiscal year
(if applicable): 7,731,384
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(iv) Aggregate price of shares redeemed or
repurchased and previously applied as a
reduction to filing fees pursuant
to rule 24e-2(if aplicable): +
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(v) Net aggregate price of securities sold and
issued during the fiscal year in reliance on
rule 24f-2 [line (I), plus line (ii),
less line (iii), plus line (iv)] if applicable: 37,029,078
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(vi) Multiplier prescribed by Section 6(b) of the
Securities Act of 1933 or other applicable law
or regulation (see instruction C.6): x .000344827
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(vii) Fee due [line (I) or line (v) multiplied
by line (vi)]: $12,769
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Instruction: Issuers should complete lines (ii), (iii), (iv), and (v) only if
the form is being filed within 60 days after the close of the issuer's fiscal
year. See Instruction C.3.
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13. Check box if fees are being remitted to the Commission's lockbox depository
as described in section 3a of the Commission's Rules of Informal and Other
Procedures (17 CFR 202.3a).
[_]
Date of mailing or wire transfer of filing fees to the Commission's lockbox
depository:
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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)*
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John M. Corcoran Assistant Treasurer
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Date
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*Please print the name and title of the signing officer below the
signature.
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STRADLEY, RONON, STEVENS & YOUNG, LLP
2600 One Commerce Square
(215) 564-8000
Direct Dial:
(215) 564-8101
February 9, 1996
LKCM Fund
301 Commerce Street
Suite 1600
Fort Worth, TX 76102
Re: LKCM Fund
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Gentlemen:
You have requested our opinion with respect to the shares of
beneficial interest sold by LKCM Fund (the "Fund") during its fiscal year ended
December 31, 1995, in connection with the Notice being filed by the Fund
pursuant to Rule 24f-2 under the Investment Company Act of 1940. You have
represented that a total of 3,540,654 shares were sold by the Fund during said
fiscal year, all of which were sold in reliance upon Rule 24f-2.
Based upon our review of such records, documents, and representations
as we have deemed relevant, it is our opinion that the shares of beneficial
interest of the Fund sold and issued by the Fund during its fiscal year ended
December 31, 1995, in reliance upon the registration under the Securities Act of
1933 pursuant to Rule 24f-2 under the Investment Company Act of 1940, as
amended, were legally issued, fully paid and non-assessable.
We hereby consent to the filing of this opinion as an exhibit to the
"Rule 24f-2 Notice" being filed by the Fund, covering the registration of the
said shares under the Securities Act and the applications and registration
statements, and amendments thereto, filed in accordance with the securities laws
of the various states in which shares of the Fund are offered, and we further
consent to reference in the Prospectus of the Fund
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LKCM Fund
February 9, 1996
Page 2
to the fact that this opinion concerning the legality of the issue has been
rendered by us.
Very truly yours,
STRADLEY, RONON, STEVENS & YOUNG, LLP
By: /s/ Audrey C. Talley
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Audrey C. Talley
ACT/pj
cc: Jacqui Brownfield
Helen A. Robichaud, Esq.
