GUINNESS FLIGHT INVESTMENT FUNDS
8A12BT, 1997-05-20
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   ----------

                                    FORM 8-A

                For Registration of Certain Classes of Securities
                      Pursuant to Section 12(b) or 12(g) of
                       the Securities Exchange Act of 1934


                         THE DESSAUER GLOBAL EQUITY FUND
             (Exact name of registrant as specified in its charter)

        Delaware                             95-4589625
- --------------------------------------------------------------------------------
(State of incorporation              (IRS Employer Identification Number)
    or organization)

                         

     225 South Lake Avenue, Ste. 777              
              Pasadena, CA                           91101  
- --------------------------------------------------------------------------------
(Address of Principal Executive Offices)          (Zip Code)

         If this Form relates to the  registration of a class of debt securities
and is effective upon filing pursuant to General  Instructions  A(c)(l),  please
check the following box [ ].

         If this Form relates to the  registration of a class of debt securities
and  is  to  become  effectively  simultaneously  with  the  effectiveness  of a
concurrent  registration statement under the Securities Act of 1933, pursuant to
General Instruction A(c)(2), please check the following box [ ].

       SECURITIES TO BE REGISTERED PURSUANT TO SECTION 12(B) OF THE ACT:

                                             Name of each Exchange
Title of each class                           on which each class 
to be so registered                           is to be registered 
- -------------------                           ------------------- 
                                               
Shares of Beneficial Interest
$.01                                         New York Stock Exchange



       SECURITIES TO BE REGISTERED PURSUANT TO SECTION 12(G) OF THE ACT:


                                      None
- --------------------------------------------------------------------------------
                                (Title of Class)


<PAGE>

                 INFORMATION REQUIRED IN REGISTRATION STATEMENT

ITEM 1.  DESCRIPTION OF REGISTRANT'S SECURITIES TO BE REGISTERED.

         The description of the shares is hereby  incorporated by reference from
the  Registrant's  Registration  Statement filed on Form N-2 on July 3, 1996 and
Pre-effective  Amendment No.1 to the Trust's Registration  Statement on Form N-2
filed on April 1, 1997 and to the form of prospectus used prior to the effective
date of the Registration Statement.
pursuant to Rule 497(a) filed on April 21, 1997.

ITEM 2.  EXHIBITS.

1.   All exhibits  required by  Instruction II to Item 2 will be supplied to the
     New York Stock Exchange.


<PAGE>

                                    SIGNATURE

         Pursuant to the  requirements of Section 12 of the Securities  Exchange
Act of 1934, the registrant  has duly caused this  registration  statement to be
signed on its behalf by the undersigned, thereto duly authorized.

Date:

                                              THE DESSAUER GLOBAL EQUITY FUND


                                              By: /s/ Steven J. Paggioli
                                                  ----------------------
                                                  Name:   Steven J. Paggioli
                                                  Title:  Assistant Secretary


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