RULE 24f-2 NOTICE
Securities and Exchange Commission
450 Fifth Street, N.W.
Judiciary Plaza
Washington, D.C. 20549
RE: Rule 24f-2 Notice for KPM Funds, Inc.
1933 Act No. 33-78234
1940 Act No. 811-8488
Ladies and Gentlemen:
On behalf of the above entitled issuer, I advise you as follows:
1. This Notice is filed for the fiscal year ended June 30,
1995.
2. No securities of the issuer have been registered under the
Securities Act of 1933 other than under Rule 24f-2. All securities
sold by the issuer have been sold in reliance upon Rule 24f-2.
3. The table attached provides the number of shares sold (exclusive of
stock dividends not deemed to be sales), the aggregate sales price
of the shares sold, the number of shares redeemed, the aggregate
redemption price and the aggregate net sales price for each of the
Issuer's Portfolios for the fiscal year ended June 30, 1995.
4. Fed-wire sent in the amount of $6,505.45 based upon the
net sales shown in the attached table.
5. Also attached hereto is a legal opinion that all shares sold during
the fiscal year were legally issued, fully paid, and nonassessable.
Dated: August 22, 1995 KPM Funds, Inc.
By:----------------------------
Randall D. Greer, CFA
Chairman
<PAGE>
<TABLE>
<CAPTION>
KPM FUNDS,INC.
SHARES AGGREGATE SHARES AGGREGATE AGGREGATE
SOLD SALES REDEEMED REDEMPTION NET SALES
<S> <C> <C> <C> <C> <C>
Equity Portfolio 1,322,062.144 13,884,314.96 56,988.589 603,477.79 13,280,837.17
Fixed Income Portfolio 588,206.043 6,002,328.71 41,535.540 417,343.19 5,584,985.52
----------- ------------ ---------- ---------- ------------
TOTAL 1,910,268.187 $19,886,643.67 98,524.129 $1,020,820.98 $18,865,822.69
============= ============== ========== ============= ==============
</TABLE>
CLINE, WILLIAMS, WRIGHT, JOHNSON & OLDFATHER
LAW FIRM
1900 FIRSTIER BANK BUILDING
LINCOLN, NE 68508-2095
402-474-6900
August 23, 1995
KPM Funds, Inc.
10250 Regency Circle
Suite 200
Omaha, NE 68114
RE: REGISTRATION OF SECURITIES PURSUANT TO RULE 24F-2
1933 Act Reg. No. 33-78234
Ladies and Gentlemen:
Our opinion has been requested in connection with the registration of
shares of KPM Funds, Inc. (the "Fund"), pursuant to Rule 24f-2. We have
conducted such legal and factual inquiries as we have deemed necessary under the
circumstances. Based upon such inquires, all shares sold by the Fund during the
fiscal year ended June 30, 1995 were legally issued, fully paid and
nonassessable.
We consent to the filing of this opinion in connection with the Notice to
be filed with the Securities and Exchange Commission pursuant to Rule 24f-2.
Very truly yours,
JOHN C. MILES
For the Firm
