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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-8A
NOTIFICATION OF REGISTRATION
FILED PURSUANT TO SECTION 8(a) OF THE
INVESTMENT COMPANY ACT OF 1940
The undersigned investment company hereby notifies the Securities and
Exchange Commission that it registers under and pursuant to the provisions of
Section 8(a) of the Investment Company Act of 1940 and in connection with such
notification of registration submits the following information:
Name: Jaffray Funds Inc.
Address of Principal Business Office (No. & Street, City, State, Zip Code):
Piper Jaffray Tower
222 South Ninth Street
Minneapolis, MN 55402
Telephone Number (including area code):
(800) 333-6000
Name and Address of Agent for Service of Process:
Charles N. Hayssen
Piper Jaffray Tower
222 South Ninth Street
Minneapolis, Minnesota 55402
Copies to:
Kathleen L. Prudhomme, Esq. Stuart Strauss, Esq.
Dorsey & Whitney P.L.L.P. Gordon, Altman, Butowsky
220 South Sixth Street Weitzen, Shalov & Wein
Minneapolis, Minnesota 55402 114 West 47th Street
New York, New York 10036
Check Appropriate Box:
Registrant is filing a Registration Statement pursuant to Section 8(b)
of the Investment Company Act of 1940 concurrently with the filing of Form N-8A:
Yes X No
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ITEM 1. EXACT NAME OF REGISTRANT.
The name of the Registrant is "Jaffray Funds Inc."
ITEM 2. INCORPORATION OF REGISTRANT.
Registrant was organized under the laws of the State of Minnesota
on April 10, 1995.
ITEM 3. FORM OF ORGANIZATION.
Registrant was organized as a corporation.
ITEM 4. CLASSIFICATION OF REGISTRANT.
Registrant is classified as a management investment company.
ITEM 5. MANAGEMENT COMPANIES.
Registrant is an "open-end" management investment company that
will offer its shares in separate series. The only series of Registrant
presently contemplated, ARM Fund, will be a "diversified" series.
ITEM 6. INVESTMENT ADVISER.
Registrant's investment adviser is Piper Capital Management
Incorporated, Piper Jaffray Tower, 222 South Ninth Street, Minneapolis,
Minnesota 55402.
ITEM 7. DIRECTORS AND OFFICERS.
The directors and officers of Registrant are as follows:
Name and Address Position with the Fund
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William H. Ellis Chairman of the Board
Piper Jaffray Tower of Directors
222 South Ninth Street
Minneapolis, Minnesota 55402
David T. Bennett Director
3400 City Center
33 South Sixth Street
Minneapolis, Minnesota 55402
Jaye F. Dyer Director
4670 Norwest Center
90 South Seventh Street
Minneapolis, Minnesota 55402
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Name and Address Position with the Fund
---------------- ----------------------
Karol D. Emmerich Director
7302 Claredon Drive
Edina, MN 55439
Luella G. Goldberg Director
7019 Tupa Drive
Edina, Minnesota 55439
John T. Golle Director
1600 W. 82nd Street
Minneapolis, Minnesota 55431
George Latimer Director
754 Linwood Avenue
St. Paul, Minnesota 55105
Paul A. Dow President
Piper Jaffray Tower
222 South Ninth Street
Minneapolis, MN 55402
Michael P. Jansen Senior Vice President
Piper Jaffray Tower
222 South Ninth Street
Minneapolis, MN 55402
Robert H. Nelson Senior Vice President
Piper Jaffray Tower
222 South Ninth Street
Minneapolis, MN 55402
Amy K. Johnson Vice President
Piper Jaffray Tower
222 South Ninth Street
Minneapolis, MN 55402
Thomas S. McGlinch Vice President
Piper Jaffray Tower
222 South Ninth Street
Minneapolis, MN 55402
David E. Rosedahl Secretary
Piper Jaffray Tower
222 South Ninth Street
Minneapolis, MN 55402
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Name and Address Position with the Fund
---------------- ----------------------
Charles N. Hayssen Treasurer
Piper Jaffray Tower
222 South Ninth Street
Minneapolis, MN 55402
ITEM 8. UNINCORPORATED INVESTMENT COMPANIES.
Not applicable.
ITEM 9. SHARE ISSUANCE.
(a) Registrant is not currently issuing and offering its shares
directly to the public.
(b) Not applicable.
(c) Registrant presently proposes to make a public offering of
its shares in connection with the merger of American Adjustable Rate Term Trust
Inc.--1996, American Adjustable Rate Term Trust Inc.--1997, American Adjustable
Rate Term Trust Inc.--1998 and American Adjustable Rate Term Trust Inc.--1999
with and into Registrant, as described in Registrant's Registration Statement on
Form N-14 being filed simultaneously herewith. In addition, Registrant
presently proposes to make a continuous offering of its securities following
such merger, pursuant to a Registration Statement on Form N1-A to be filed
within three months.
(d) Registrant does not have any shares currently issued and
outstanding.
(e) Not applicable.
ITEM 10. VALUE OF ASSETS.
Registrant currently has no assets.
ITEM 11. SMALL BUSINESS INVESTMENT COMPANY.
Registrant has not applied and does not intend to apply for a
license to operate as a small business investment company under the Small
Business Investment Act of 1958.
ITEM 12. PERIODIC REPORTS.
Not applicable.
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SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the
Registrant has caused this notification of registration to be duly signed on its
behalf in the City of Minneapolis and State of Minnesota on the 25th day of
April, 1995.
JAFFRAY FUNDS INC.
By /s/ Paul A. Dow
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Paul A. Dow
President
Attest:
By /s/ David E. Rosedahl
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David E. Rosedahl
Secretary
