Form SEC1846 N-18F-1

Investment Company Act rule 18f-1, 17 C.F.R. Sec. 270.18f-1, exemption from certain requirements of section 18(f)(1) for registered open-end investment companies that have the right to redeem in kind;

form_n-18f-1[1][1]

Investment Company Act rule 18f-1, 17 C.F.R. Sec. 270.18f-1

OMB: 3235-0211

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-18F-1

OMB APPROVAL
OMB Number:
3235-0211
Expires:
August 31, 2011
Estimated average burden
hours per response. . . . . . 1.0

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

____________________________________________________________________________________________________

Exact Name of Registrant

Persons who to respond to the collection of information contained in this
form are not required to respond unless the form displays a currently
valid OMB control number.

SEC1846 (8-08)

INSTRUCTIONS FOR FORM N-18F-1
	
Read instructions carefully before preparing this notification.   It will not be deemed acceptable unless it is prepared,
executed and filed substantially in accordance with these instructions.
(a)	 This form shall be used as the notification of election filed with the Commission pursuant to Rule 18f-1 under the
Investment Company Act of 1940.
(b)	 Signature
	
	

An original and three copies of each notification of election shall be filed.
The copies of the notification may have facsimile or typed signatures.

(c)	 Filing
	

The notification of election and all inquiries and communications with respect thereto shall be forwarded to the Securities
and Exchange Commission, Washington, D.C. 20549.

(d)	 Fee
	

There is no fee charged for filing the notification.

SEC’s Collection of Information
An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays
a currently valid control number.  Filing of Form N-18F-1 is necessary to obtain the benefits of rule 18f-1, which permits a
fund that has the right to redeem in kind securities of which it is the issuer, to make cash redemptions if the fund files a Form
N-18F-1 with the Commission.  Form N-18F-1 notifies the Commission staff of the fund’s actions, and commits the fund to
pay in cash all redemptions by a shareholder of record as provided by rule 18f-1.  The information collected on Form N-18F-1
is publicly available.  Any member of the public may direct to the Commission any comments concerning the accuracy of the
burden estimate of this form and any suggestions for reducing the burden of the form.  This collection of information has been
reviewed by the Office of Management and Budget in accordance with the clearance requirements of 44 U.S.C. §3507.
NOTIFICATION OF ELECTION

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The undersigned registered open-end investment company 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 ________________________________ and the state of
______________________________ on the ________________ day of ____________________, 20____.
	
	
	
	
	
	
	
	
Signature _________________________________________
										
	
(Name of Registrant)
	
	
	
	
	
	
	
	
            By _________________________________________
	
	
	
	
	
	
	
	
	
        (Name of director, trustee or officer signing
									
on behalf of Registrant)
	
	
	
	
	
	
	
	
                   ________________________________________
											
(Title)
Attest:	
________________________________
				
(Name)
	
	
________________________________
				
(Title)

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