As filed with the Securities and Exchange Commission on August 10, 1998.
File No. 33-60841
File No. 811-07315
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-1A
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 |X|
Pre-Effective Amendment No. ___ |_|
Post-Effective Amendment No. 5 |X|
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 |X|
Amendment No. 7 |X|
TOMORROW FUNDS RETIREMENT TRUST
-------------------------------
(Exact name of Registrant as Specified in Charter)
ONE NEW YORK PLAZA, NEW YORK, NEW YORK 10004
--------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number: 800-223-3332
------------
JAY C. NADEL, WEISS, PECK & GREER, L.L.C.
ONE NEW YORK PLAZA, NEW YORK, NEW YORK 10004
--------------------------------------------
(Name and Address of Agent for Service)
Copies to:
Ernest V. Klein, Esq.
Hale and Dorr LLP
60 State Street
Boston, MA 02109
It is proposed that this filing will become effective:
___ immediately upon filing pursuant to paragraph (b) of Rule 485
X on September 1, 1998 pursuant to paragraph (b) of Rule 485
___
___ 60 days after filing pursuant to paragraph (a)(1) of Rule 485
___ on ___________ pursuant to paragraph (a)(1) of Rule 485
___ 75 days after filing pursuant to paragraph (a)(2) of Rule 485
___ on ___________ pursuant to paragraph (a)(2) of Rule 485
<PAGE>
STATEMENT OF INCORPORATION BY REFERENCE
The prospectus (Part A) and statement of additional information (Part
B) contained in Post-Effective Amendment No. 4 filed with the Securities and
Exchange Commission on June 12, 1998 are hereby incorporated by reference in
their entirety into this Post-Effective Amendment No. 5. The Trust's Annual
Report also contained in Post-Effective Amendment No. 4 filed on June 12, 1998
is hereby incorporated by reference into the statement of additional information
so incorporated by reference herein.
<PAGE>
TOMORROW FUNDS RETIREMENT TRUST
PART C. OTHER INFORMATION
ITEM 24. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial Statements: Attached to and incorporated by
reference into the Statement of Additional Information with
respect to each series of the Registrant except Tomorrow
Post-Retirement Fund:
Included in Part A:
Financial Highlights for the period from inception
through December 31, 1997.
Included in Part B:
Schedule of Investments at December 31, 1997.
Statement of Assets and Liabilities at December 31, 1997.
Statement of Operations for the period ended December 31, 1997.
Statements of Changes in Net Assets for the period
ended December 31, 1997.
Notes to Financial Statements.
Financial Highlights.
Independent Auditor's Report.
(b) Exhibits:
1. (a) Agreement and Declaration of Trust.**
1. (b) Certificate of Trust.**
1. (c) Termination of Series.**
2. By-Laws.**
3. None.
4. None.
C-1
<PAGE>
5. (a) Form of Investment Advisory Agreement between the Registrant,
on behalf of Tomorrow Long-Term Retirement Fund, and Weiss,
Peck & Greer, L.L.C. ("WPG").*
5. (b) Form of Investment Advisory Agreement between the Registrant,
on behalf of Tomorrow Medium-Term Retirement Fund, and
WPG.*
5. (c) Form of Investment Advisory Agreement between the
Registrant, on behalf of Tomorrow Short-Term
Retirement Fund, and WPG.*
5 (d) Form of Investment Advisory Agreement between the
Registrant, on behalf of Tomorrow Post-Retirement
Fund, and WPG.**
5. (e) Administration Agreement between the Registrant, on
behalf of Tomorrow Long-Term Retirement Fund, and
WPG.**
5. (f) Administration Agreement between the Registrant, on
behalf of Tomorrow Medium-Term Retirement Fund, and
WPG.**
5. (g) Administration Agreement between the Registrant, on
behalf of Tomorrow Short-Term Retirement Fund, and
WPG.**
5. (h) Administration Agreement between the Registrant, on
behalf of Tomorrow Post-Retirement Fund, and WPG.**
6. Principal Underwriting Agreement.***
7. None.
8. Form of Custodian Agreement between the Registrant and Boston
Safe Deposit and Trust Company.**
9. (a) Form of Transfer Agency Agreement between the Registrant and
The Shareholder Services Group, Inc.**
9. (b) Form of Account Administration Agreement between the
Registrant and The Shareholder Services Group, Inc.**
9. (c) Form of Institutional Class Shares Service Plan.**
10. Opinion and Consent of Counsel.**
11. Consent of Independent Public Accountants.+
12. None.
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<PAGE>
13. Form of Share Purchase Agreement.**
14. Not applicable.
15. Form of Adviser Class Shares Distribution Plan.*
16. None.
17. (a) Financial Data Schedule of Tomorrow Long-Term Retirement
Fund.+
17. (b) Financial Data Schedule of Tomorrow Medium-Term Retirement
Fund.+
17. (c) Financial Data Schedule of Tomorrow Short-Term Retirement
Fund.+
18. Multiple Class Plan adopted pursuant to Rule 18f-3.*
19. Powers of Attorney.** and *
- --------------
+ Filed herewith.
** Filed with Post-Effective Amendment No. 4 on June 12, 1998.
** Filed with Post-Effective Amendment No. 3 on May 1, 1998.
*** To be filed.
ITEM 25. PERSONS CONTROLLED BY OR UNDER
COMMON CONTROL WITH REGISTRANT.
Not applicable.
ITEM 26. NUMBER OF HOLDERS OF SECURITIES.
NUMBER OF
RECORD HOLDERS AS
TITLE OF CLASS OF JULY 31, 1998
-------------- ----------------
Tomorrow Long-Term Retirement Fund
Institutional Class 16
Adviser Class 5
Tomorrow Medium-Term Retirement Fund
Institutional Class 15
Adviser Class 5
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<PAGE>
Tomorrow Short-Term Retirement Fund
Institutional Class 15
Adviser Class 5
Tomorrow Post-Retirement Fund
Institutional Class 0
Adviser Class 0
ITEM 27. INDEMNIFICATION.
Except for the Agreement and Declaration of Trust dated June 21, 1995,
establishing the Registrant as a Trust under Delaware law, there is no contract,
arrangement or statute under which any trustee, officer, underwriter or
affiliated person of the Registrant is insured or indemnified. The Agreement and
Declaration of Trust provides that no Trustee or officer will be indemnified
against any liability to which the Registrant would otherwise be subject by
reason of or for willful misfeasance, bad faith, gross negligence or reckless
disregard of such person's duties.
Insofar as indemnification for liability arising under the Securities
Act of 1933, as amended (the "Act"), may be available to trustees, officers and
controlling persons of the Registrant pursuant to the foregoing provisions, or
otherwise, the Registrant has been advised that in the opinion of the Securities
and Exchange Commission such indemnification is against public policy as
expressed in the Act and is, therefore, unenforceable. In the event that a claim
for indemnification against such liabilities (other than the payment of the
Registrant of expenses incurred or paid by a trustee, officer or controlling
person of the Registrant in the successful defense of any action, suit or
proceeding) is asserted by such trustee, officer or controlling person in
connection with the securities being registered, the Registrant will, unless in
the opinion of its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Act and will
be governed by the final adjudication of such issue.
ITEM 28. BUSINESS AND OTHER CONNECTIONS OF INVESTMENT ADVISER.
All of the information required by this item is set forth in the Form
ADV, as currently amended, of WPG (File No. 801-6604). The following sections of
such Form ADV are incorporated herein by reference:
(a) Items 1 and 2 of Part 2;
(b) Section 6, Business Background, of each Schedule D.
C-4
<PAGE>
ITEM 29. PRINCIPAL UNDERWRITER
(a) [______________] serves as the principal underwriter to each
investment company in the Weiss, Peck & Greer Investments Group of Mutual Funds.
These mutual funds include: Weiss, Peck & Greer Funds Trust, which consists of
WPG Government Money Market Fund, WPG Tax-Free Money Market Fund, WPG Core Bond
Fund, WPG Municipal Bond Fund and WPG Quantitative Equity Fund; Weiss, Peck &
Greer International Fund; WPG Tudor Fund; WPG Growth Fund; WPG Growth and Income
Fund; and RWB/WPG U.S. Large Stock Fund.
(b) Directors and Officers of [_________________]:
NAME AND POSITIONS AND OFFICES POSITIONS AND OFFICES
PRINCIPAL ADDRESS WITH WPG WITH REGISTRANT
- ----------------- -------- ---------------
(c) Not applicable.
ITEM 30. LOCATION OF ACCOUNTS AND RECORDS
All account, books and other documents required to be maintained by
Section 31(a) of the 1940 Act and the rules thereunder will be maintained (1) at
the offices of the Registrant at One New York Plaza, New York, New York 10004
(2) at the offices of the Registrant's Custodian, Boston Safe Deposit and Trust
Company, at One Boston Place, Boston, MA 02109 and (3) at the offices of the
Registrant's Transfer Agent, First Data Investor Services Group, Inc., P.O. Box
9037, Boston, MA 02205.
ITEM 31. MANAGEMENT SERVICES
The Registrant is not a party to any management-related service
contract, except as described in the prospectuses and the statements of
additional information.
ITEM 32. UNDERTAKINGS
(a) Not applicable.
(b) Not applicable.
(c) The Registrant undertakes to deliver, or cause to be delivered with
the each prospectus, to each person to whom such prospectus is sent or given a
copy of the Registrant's report to shareholders furnished pursuant to and
meeting the
C-5
<PAGE>
requirements of Rule 30d-1 from which the specified information is incorporated
by reference, unless such person currently holds securities of the Registrant
and otherwise has received a copy of such report, in which case the Registrant
shall state in each prospectus that it will furnish, without charge, a copy of
such report on request, and the name, address and telephone number of the person
to whom such a request should be directed.
C-6
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the
Investment Company Act of 1940, the Registrant has duly caused this
Post-Effective Amendment to its Registration Statement to be signed on its
behalf by the undersigned, thereunto duly authorized, in the City and State of
New York, on the 10th day of August, 1998.
TOMORROW FUNDS RETIREMENT TRUST
/S/ FRANCIS H. POWERS
---------------------
Francis H. Powers,
Executive Vice President
Pursuant to the requirements of the Securities Act of 1933, this
Post-Effective Amendment to the Registrant's Registration Statement has been
signed below by the following persons in the capacities and on the date
indicated:
SIGNATURE TITLE
--------- -----
/S/ROGER J. WEISS Chairman of the Board, )
Roger J. Weiss Trustee and President )
(Principal Executive )
Officer) )
)
/S/FRANCIS H. POWERS Executive Vice President )
Francis H. Powers and Treasurer (Principal )
Financial and Accounting )
Officer) )
)
RAYMOND R. HERRMANN, JR.* Trustee ) August 10, 1998
- -------------------------
Raymond R. Herrmann, Jr. )
)
)
LAWRENCE J. ISRAEL* Trustee )
Lawrence J. Israel )
)
)
GRAHAM E. JONES* Trustee )
Graham E. Jones )
- ----------------
*By:/S/ FRANCIS H. POWERS August 10, 1998
-------------------------
Francis H. Powers
Attorney-in-fact
<PAGE>
EXHIBIT INDEX
EXHIBIT
NUMBER DOCUMENT TITLE
- ------ --------------
11. Consent of Independent Public Accountants.
17.(a) Financial Data Schedule of Tomorrow Long-Term Retirement
Fund.
17.(b) Financial Data Schedule of Tomorrow Medium-Term Retirement
Fund.
17.(c) Financial Data Schedule of Tomorrow Short-Term Retirement
Fund.
INDEPENDENT AUDITORS' CONSENT
-----------------------------
To the Shareholders and Board of Trustees of:
Tomorrow Long-Term Retirement Fund
Tomorrow Medium-Term Retirement Fund
Tomorrow Short-Term Retirement Fund
We consent to the use of our report dated January 19, 1998 with respect
to the Tomorrow Long-Term Retirement Fund, Tomorrow Medium-Term Retirement Fund,
and the Tomorrow Short-Term Retirement Fund incorporated herein by reference and
to the references of our Firm under the headings "Financial Highlights" in the
Prospectus incorporated herein by reference and "Financial Statements and
Independent Auditors" in the Statement of Additional Information also
incorporated herein by reference.
KPMG Peat Marwick LLP
New York, New York
August 10, 1998
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