UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
APPLICATION PURSUANT TO SECTION 8(F)
OF THE INVESTMENT COMPANY OF 1940 ("ACT")
AND RULE 8F-1 THEREUNDER FOR ORDER DECLARING THAT COMPANY HAS
CEASED TO BE AN INVESTMENT COMPANY
I. General Identifying Information
1. Reason fund is applying to deregister (check only one; for
descriptions, see Instruction 1 above):
|_| Merger
|X| Liquidation
|_| Abandonment of Registration (Note: Abandonments of
Registration answer only questions 1 through 16, 25
and 26 of this form and complete verification at the
end of the form.)
|_| Election of status as a Business Development Company
(Note: Business Development Companies answer only
questions 1 through 11 of this form and complete
verification at the end of the form.)
2. Name of fund: Anchor Resource and Commodity Trust
3. Securities and Exchange Commission File No.: 811-8706
4. Is this an initial Form N-8F or an amendment to a previously
filed Form N-8F?
|X| Initial Application |_| Amendment
5. Address of Principal Executive Office (include No. and
Street, City, State, Zip Code): 579 Pleasant Street, Suite 4,
Paxton, Massachusetts 01612
6. Name, address, and telephone number of individual the Commission staff should
contact with any questions regarding this form:
Peter K. Blume, Esq.
Thorp Reed & Armstrong
One Riverfront Center
Pittsburgh, PA 15222-4895
(412) 394-7762
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7. Name, address and telephone number of individual or entity responsible for
maintenance and preservation of fund records in accordance with rules 31a-1 and
31a-2 under the Act [17 CFR 270.31a-1, .31a-2]:
Christopher Y. Williams
Anchor Investment Management Corporation
579 Pleasant Street, Suite 4
Paxton, Massachusetts 01612
(508) 831-1171
NOTE: Once deregistered, a fund is still
required to maintain and preserve the records
described in rules 31a-1 and 31a-2 for the
periods specified in those rules.
8. Classification of fund (check only one):
|X| Management company;
|_| Unit investment trust; or
|_| Face-amount certificate company.
9. Subclassification if the fund is a management company (check
only one):
|X| Open-end |_| Closed-end
10. State law under which the fund was organized or formed
(e.g., Delaware, Massachusetts): Massachusetts
11. Providing the name and address of each investment adviser of the fund
(including subadvisers) during the last five years, even if the fund's contracts
with those advisers have been terminated:
Anchor Investment Management Corporation
579 Pleasant Street, Suite 4
Paxton, Massachusetts 01612
12. Provide the name and address of each principal underwriter of the fund
during the last five years, even if the fund's contracts with those underwriters
have been terminated:
Meeschaert & Company
579 Pleasant Street, Suite 4
Paxton, Massachusetts 01612
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13. If the fund is a unit investment trust ("UIT") provide:
(a) Depositor's name (s) and address (es):
(b) Trustee's name (s) and address (es):
14. Is there a UIT registered under the Act that served as a
vehicle for investment in the fund (e.g., an insurance company
separate account)?
|_| Yes |X| No
If Yes, for each UIT state:
Name (s):
File No.:
Business Address:
15.
(a) Did the fund obtain approval from the board of directors concerning the
decision to engage in a Merger, Liquidation or Abandonment of Registration?
|X| Yes |_| No
If Yes, state the date on which the board vote took place:
December 3, 1999 and March 8, 2000
If No, explain:
(b) Did the fund obtain approval from the shareholders concerning the decision
to engage in a Merger, Liquidation or Abandonment of Registration?
|X| Yes |_| No
If Yes, state the date on which the shareholder vote took place:
July 21, 2000
II. Distributions to Shareholders
16. Has the fund distributed any assets to its shareholders in
connection with the Merger or Liquidation?
|X| Yes |_| No
(a) If Yes, list the date (s) on which the fund made those
distributions:
October 30, 2000
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(b) Were the distributions made on the basis of net assets?
|X| Yes |_| No
(c) Were the distributions made pro rata based on share
ownership?
|X| Yes |_| No
(d) If No to (b) or (c) above, describe the method of distributions to
shareholders. For Mergers, provide the exchange ratio (s) used and explain how
it was calculated:
(e) Liquidations only:
Were any distributions to shareholders made in kind?
|_| Yes |X| No
If Yes, indicate the percentage of fund shares owned by affiliates,
or any other affiliation of shareholders:
17. Closed-end funds only: Has the fund issued senior
securities?
|_| Yes |_| No
If Yes, describe the method of calculating payments to senior
security holders and distributions to other shareholder:
18. Has the fund distributed all of its assets to the fund's
shareholders?
|X| Yes |_| No
If No,
(a) How many shareholders does the fund have as of the date this form is filed?
(b) Describe the relationship of each remaining shareholder to the fund:
19. Are there any shareholders who have not yet received distributions in
complete liquidation of their interests?
|_| Yes |X| No
If Yes, describe briefly the plans (if any) for distributing to, or
preserving the interests of, those shareholders:
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III. Assets and Liabilities
20. Does the fund have any assets as of the date this form is
filed?
|_| Yes |X| No
If Yes,
(a) Describe the type and amount of each asset retained by the fund as of the
date this form is filed:
(b) Why has the fund retained the remaining assets?
(c) Will the remaining assets be invested in securities?
|_| Yes |_| No
21. Does the fund have any outstanding debts (other than face-amount
certificates if the fund is a face-amount certificate company) or any other
liabilities?
|_| Yes |X| No
If Yes,
(a) Describe the type and amount of each debt or other liability:
(b) How does the fund intend to pay these outstanding debts or
other liabilities?
IV. Information About Event (s) Leading to Request For Deregistration
22.
(a) List the expenses incurred in connection with the Merger or
Liquidation:
(i) Legal expenses: $10,000
(ii) Accounting expenses: $7,238
(iii) Other expenses (list and identify separately)
Custodian Fees: $1,000
Transfer Agent Fees: $11,800
(iv) Total expenses (sum lines (i) - (iii) above):
$30,038
(b) How were those expenses allocated? Legal, accounting, and other expenses
were incurred in connection with the liquidation and allocated by asset and
shareholder base.
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(c) Who paid those expenses? Trust shareholders
(d) How did the fund pay for unamoritzed expenses (if any)? N/A
23. Did the fund file an application for an order of the
Commission regarding the Merger or Liquidation?
|_| Yes |X| No
If Yes, cite the release numbers of the Commission's notice and order
or, if no notice or order has been issued, the file number and date the
application was filed:
The Fund filed its Preliminary and Definitive Proxy Statements
regarding liquidation, including its Plan of Liquidation and Dissolution with
the Commission on ______________, 2000 and ________________, 2000, respectively
V. Conclusion of Fund Business
24. Is the fund a party to any litigation or administrative
proceeding?
|_| Yes |X| No
If Yes, describe the nature of any litigation or proceeding and the
position taken by the fund in that litigation:
25. Is the fund now engaged, or intending to engage, in any business activities
other than those necessary for winding up its affairs?
|_| Yes |X| No
If Yes, describe the nature and extent of those activities:
VI. Mergers Only
26.
(a) State the name of the fund surviving the Merger:
(b) State the file number of the fund surviving the Merger:
(c) If the merger or reorganization agreement has been filed with the
Commission, state the file number and date the agreement was filed:
(d) If the merger or reorganization agreement has not been filed with the
Commission, attach a copy of the agreement as an exhibit to this form.
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VERIFICATION
The undersigned states that (i) he or she has executed this Form N-8F
application for an order under section 8(f) of the Investment Company Act of
1940 on behalf of Short Duration U. S. Government Portfolio, (ii) he is the
President of Anchor Resource and Commodity Trust, and (iii) all actions by
shareholders, directors, and any other body necessary to authorize the
undersigned to execute and file this Form N-8F application has been taken. The
undersigned also states that the facts set forth in this Form N-8F application
are true to the best of his or her knowledge, information, and belief.
/s/ David Y. Williams
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David Y. Williams, President
Anchor Resource and Commodity Trust
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