EXPRESS DIRECT INCOME FUND INC
N-18F1, 1996-04-29
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<PAGE>
PAGE 1
                SECURITIES AND EXCHANGE COMMISSION
                      Washington, D.C. 20549

     NOTIFICATION OF ELECTION PURSUANT TO RULE 18f-1 UNDER THE
                  INVESTMENT COMPANY ACT OF 1940



                    Strategist Growth Fund, Inc.            
                     Exact Name of Registrant


                     NOTIFICATION OF ELECTION

      The undersigned registered open-end investment company, on
behalf of each underlying series, hereby notifies the Securities
and Exchange Commission that it elects to commit itself to pay in
cash all redemptions by a shareholder of record as provided by Rule
18f-1 under the Investment Company Act of 1940.  It is understood
that this election is irrevocable while such Rule is in effect
unless the Commission by order upon application permits the
withdrawal of this Notification of Election.


                             SIGNATURE

      Pursuant to the requirements of Rule 18f-1 under the
Investment Company Act of 1940, the registrant has caused this
notification of election to be duly executed on its behalf in the
city of Minneapolis and the state of Minnesota on the 29th day of
April, 1996.



                  Signature Strategist Growth Fund, Inc.  
                            (Name of Registrant)



                            By  /s/ Eileen J. Newhouse        
                                 Eileen J. Newhouse
                                 Secretary     





Attest: /s/ Heidi Brommer     
            Heidi Brommer

           Asst. Secretary    
<PAGE>
PAGE 2
                SECURITIES AND EXCHANGE COMMISSION
                      Washington, D.C. 20549

     NOTIFICATION OF ELECTION PURSUANT TO RULE 18f-1 UNDER THE
                  INVESTMENT COMPANY ACT OF 1940



              Strategist Growth and Income Fund, Inc.       
                     Exact Name of Registrant


                     NOTIFICATION OF ELECTION

      The undersigned registered open-end investment company, on
behalf of each underlying series, hereby notifies the Securities
and Exchange Commission that it elects to commit itself to pay in
cash all redemptions by a shareholder of record as provided by Rule
18f-1 under the Investment Company Act of 1940.  It is understood
that this election is irrevocable while such Rule is in effect
unless the Commission by order upon application permits the
withdrawal of this Notification of Election.


                             SIGNATURE

      Pursuant to the requirements of Rule 18f-1 under the
Investment Company Act of 1940, the registrant has caused this
notification of election to be duly executed on its behalf in the
city of Minneapolis and the state of Minnesota on the 29th day of
April, 1996.



                  Signature Strategist Growth and Income Fund, Inc.
                            (Name of Registrant)



                            By  /s/ Eileen J. Newhouse        
                                 Eileen J. Newhouse
                                 Secretary     





Attest: /s/ Heidi Brommer     
            Heidi Brommer

           Asst. Secretary    
<PAGE>
PAGE 3
                SECURITIES AND EXCHANGE COMMISSION
                      Washington, D.C. 20549

     NOTIFICATION OF ELECTION PURSUANT TO RULE 18f-1 UNDER THE
                  INVESTMENT COMPANY ACT OF 1940



                    Strategist Income Fund, Inc.            
                     Exact Name of Registrant


                     NOTIFICATION OF ELECTION

      The undersigned registered open-end investment company, on
behalf of each underlying series, hereby notifies the Securities
and Exchange Commission that it elects to commit itself to pay in
cash all redemptions by a shareholder of record as provided by Rule
18f-1 under the Investment Company Act of 1940.  It is understood
that this election is irrevocable while such Rule is in effect
unless the Commission by order upon application permits the
withdrawal of this Notification of Election.


                             SIGNATURE

      Pursuant to the requirements of Rule 18f-1 under the
Investment Company Act of 1940, the registrant has caused this
notification of election to be duly executed on its behalf in the
city of Minneapolis and the state of Minnesota on the 29th day of
April, 1996.



                  Signature Strategist Income Fund, Inc.  
                            (Name of Registrant)



                            By  /s/ Eileen J. Newhouse        
                                 Eileen J. Newhouse
                                 Secretary     





Attest: /s/ Heidi Brommer     
            Heidi Brommer

           Asst. Secretary    
<PAGE>
PAGE 4
                SECURITIES AND EXCHANGE COMMISSION
                      Washington, D.C. 20549

     NOTIFICATION OF ELECTION PURSUANT TO RULE 18f-1 UNDER THE
                  INVESTMENT COMPANY ACT OF 1940



               Strategist Tax-Free Income Fund, Inc.        
                     Exact Name of Registrant


                     NOTIFICATION OF ELECTION

      The undersigned registered open-end investment company, on
behalf of each underlying series, hereby notifies the Securities
and Exchange Commission that it elects to commit itself to pay in
cash all redemptions by a shareholder of record as provided by Rule
18f-1 under the Investment Company Act of 1940.  It is understood
that this election is irrevocable while such Rule is in effect
unless the Commission by order upon application permits the
withdrawal of this Notification of Election.


                             SIGNATURE

      Pursuant to the requirements of Rule 18f-1 under the
Investment Company Act of 1940, the registrant has caused this
notification of election to be duly executed on its behalf in the
city of Minneapolis and the state of Minnesota on the 29th day of
April, 1996.



                  Signature Strategist Tax-Free Income Fund, Inc.  
                            (Name of Registrant)




                            By  /s/ Eileen J. Newhouse        
                                 Eileen J. Newhouse
                                 Secretary     





Attest: /s/ Heidi Brommer     
            Heidi Brommer

           Asst. Secretary    
<PAGE>
PAGE 5
                SECURITIES AND EXCHANGE COMMISSION
                      Washington, D.C. 20549

     NOTIFICATION OF ELECTION PURSUANT TO RULE 18f-1 UNDER THE
                  INVESTMENT COMPANY ACT OF 1940



                    Strategist World Fund, Inc.             
                     Exact Name of Registrant


                     NOTIFICATION OF ELECTION

      The undersigned registered open-end investment company, on
behalf of each underlying series, hereby notifies the Securities
and Exchange Commission that it elects to commit itself to pay in
cash all redemptions by a shareholder of record as provided by Rule
18f-1 under the Investment Company Act of 1940.  It is understood
that this election is irrevocable while such Rule is in effect
unless the Commission by order upon application permits the
withdrawal of this Notification of Election.


                             SIGNATURE

      Pursuant to the requirements of Rule 18f-1 under the
Investment Company Act of 1940, the registrant has caused this
notification of election to be duly executed on its behalf in the
city of Minneapolis and the state of Minnesota on the 29th day of
April, 1996.



                  Signature Strategist World Fund, Inc.            
                            (Name of Registrant)



                            By  /s/ Eileen J. Newhouse        
                                 Eileen J. Newhouse
                                 Secretary     





Attest: /s/ Heidi Brommer     
            Heidi Brommer

           Asst. Secretary    



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