-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, tVEdD46AkOQAsANdUBIe1GUubXBNqKNgYZsuL2eTIcrTgnxGOtAGSMiVsT+6UIhD if87nJq9PInN0pF80sNQAg== 0000950156-95-000387.txt : 19950601 0000950156-95-000387.hdr.sgml : 19950601 ACCESSION NUMBER: 0000950156-95-000387 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 4 FILED AS OF DATE: 19950531 EFFECTIVENESS DATE: 19950531 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: KEYSTONE LIQUID TRUST CENTRAL INDEX KEY: 0000005384 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 046196129 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 002-51914 FILM NUMBER: 95543505 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-02521 FILM NUMBER: 95543481 BUSINESS ADDRESS: STREET 1: 200 BERLELEY ST CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: 6173383200 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN LIQUID TRUST DATE OF NAME CHANGE: 19830523 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN LIQUITY FUND INC DATE OF NAME CHANGE: 19751102 485BPOS 1 KEYSTONE LIQUID TRUST AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION MAY 31, 1995. File Nos. 2-51914 and 811-2521 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-1A REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Pre-Effective Amendment No. ---- Post-Effective Amendment No. 49 ---- and REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 Amendment No. 27 ---- KEYSTONE LIQUID TRUST (Exact name of Registrant as specified in Charter) 200 Berkeley Street, Boston, Massachusetts 02116-5034 (Address of Principal Executive Offices) (Zip Code) Registrant's Telephone Number, including Area Code: (617) 338-3200 Rosemary D. Van Antwerp, Esq., 200 Berkeley Street, Boston, MA 02116-5034 (Name and Address of Agent for Service) It is proposed that this filing will become effective X immediately upon filing pursuant to paragraph (b) of Rule 485 --- on (date) pursuant to paragraph (b) of Rule 485 --- 60 days after filing pursuant to paragraph (a)(i) of Rule 485 --- on (date) pursuant to paragraph (a)(i) of Rule 485 --- 75 days after filing pursuant to paragraph (a)(ii) of Rule 485 --- on (date) pursuant to paragraph (a)(ii) of Rule 485 Pursuant to Rule 24f-2 under the Investment Company Act of 1940, the Registrant has elected to register an indefinite number of its securities under the Securities Act of 1933. A Rule 24f-2 Notice for Registrant's last fiscal year was filed August 31, 1994. KEYSTONE LIQUID TRUST CONTENTS OF POST-EFFECTIVE AMENDMENT NO. 49 to REGISTRATION STATEMENT This Post-Effective Amendment No. 49 to Registration Statement No. 2-51914/811-2521 consists of the following pages, items of information and documents. The Facing Sheet The Contents Page The Cross-Reference Sheet PART A Prospectus (Filed with Post-Effective Amendment No. 47 to Registration Statement No. 2-51914/811-2521 and is incorporated by reference herein.) PART B Statement of Additional Information (Filed with Post-Effective Amendment No. 47 to Registration Statement No. 2-51914/811-2521 and is incorporated by reference herein.) PART C PART C - OTHER INFORMATION - ITEM 24(a) and 24(b) (Filed with Post-Effective Amendment No. 47 to Registration Statement No. 2-51914/811-2521 and is incorporated by reference herein.) Financial Statements Independent Auditors' Report Listing of Exhibits PART C - OTHER INFORMATION - ITEMS 25-32 - AND SIGNATURE PAGES Number of Holders of Securities Indemnification Business and Other Connections Principal Underwriter Location of Accounts and Records Signatures Exhibits (including Powers of Attorney) KEYSTONE LIQUID TRUST Cross-Reference Sheet pursuant to Rules 404 and 495 under the Securities Act of 1933. Items in Part A of Form N-1A Prospectus Caption (Filed with Post-Effective Amendment No. 47 to Registration Statement No. 2-51914/811-2521 and is incorporated by reference herein.) 1 Cover Page 2 Fee Table 3 Financial Highlights 4 Cover Page Fund Description Fund Objective and Policies Investment Restrictions 5 Fund Management and Expenses Additional Information 5a Not Applicable 6 Fund Description Dividends and Taxes Fund Shares Pricing Shares 7 How to Buy Shares Distribution Plan 8 How to Redeem Shares 9 Not applicable Items in Part B of Form N-1A Statement of Additional Information Caption (Filed with Post-Effective Amendment No. 47 to Registration Statement No. 2-51914/811-2521 and is incorporated by reference herein.) 10 Cover Page 11 Table of Contents 12 Not applicable KEYSTONE LIQUID TRUST Cross-Reference Sheet continued. Items in Part B of Form N-1A Statement of Additional Information Caption (Filed with Post-Effective Amendment No. 47 to Registration Statement No. 2-51914/811-2521 and is incorporated by reference herein.) 13 The Fund's Objective and Policies Investment Restrictions Appendix The Trust Agreement 14 Trustees and Officers 15 Additional Information 16 Sales Charges Distribution Plan Investment Manager Investment Adviser Principal Underwriter Additional Information 17 Brokerage 18 The Trust Agreement (see also, Part A, Fund Shares) 19 Valuation of Securities Distribution Plan 20 Distributions and Taxes 21 Principal Underwriter 22 Standardized Total Return and Yield Quotations 23 Financial Statements KEYSTONE LIQUID TRUST PART A PROSPECTUS (Filed with Post-Effective Amendment No. 47 to Registration Statement No. 2-51914/811-2521 and is incorporated by reference herein.) KEYSTONE LIQUID TRUST PART B STATEMENT OF ADDITIONAL INFORMATION (Filed with Post-Effective Amendment No. 47 to Registration Statement No. 2-51914/811-2521 and is incorporated by reference herein.) KEYSTONE LIQUID TRUST PART C OTHER INFORMATION Item 24. Financial Statements and Exhibits Item 24(a). FINANCIAL STATEMENTS (Filed with Post-Effective Amendment No. 47 to Registration Statement No. 2-51914/811-2521 and is incorporated by reference herein.) All financial statements listed below are included in Registrant's Statement of Additional Information. Schedule of Investments June 30, 1994 Financial Highlights Year ended June 30, 1994 Statement of Assets and Liabilities June 30, 1994 Statement of Operations Year ended June 30, 1994 Statement of Changes in Net Assets Two years ended June 30, 1994 Notes to Financial Statements Independent Auditors' Report dated August 5, 1994 Item 24(b) Exhibits (1) A copy of Registrant's Declaration of Trust dated December 1, 1985, as supplemented, was filed with Post-Effective Amendment No. 43 to Registration Statement No. 2-51914/811-2521 as Exhibit 24(b)(1) and is incorporated by reference herein. (2) A copy of the Registrant's By-Laws was filed with Post-Effective Amendment No. 13 to Registration Statement No. 2-51914/811-2521 as Exhibit 24(b)(2) and is incorporated by reference herein. A copy of Amendment 1 to Registrant's By-Laws was filed with Post-Effective Amendment No. 43 to Registration Statement No. 2-51914/811-2521 as Exhibit 24(b)(2) and is incorporated by reference herein. (3) Not applicable. (4) A specimen of the security issued by the Fund was filed with Post-Effective Amendment No. 1 to Registration Statement No. 2-51914/81-2521 as Exhibit 1(b)(4) and is incorporated by reference herein. (5)(A) A copy of the Management Agreement between Registrant and Keystone Management, Inc. was filed with Post-Effective Amendment No. 47 to Registration Statement No. 2-51914/811-2521 as Exhibit 24(b)(5)(A) and is incorporated herein by reference. (B) A copy of the Advisory Agreement between Keystone Management, Inc. and Keystone Investment Management Company (formerly named Keystone Custodian Funds, Inc.) was filed with Post-Effective Amendment No. 47 to Registration Statement No. 2-51914/811-2521 as Exhibit 24(b)(5)(B) and is incorporated herein by reference. (6)(A) A copy of the Principal Underwriting Agreement between Registrant and Keystone Investment Distributors Company (formerly named Keystone Distributors, Inc.) was filed with Post-Effective Amendment No. 47 to Registration Statement No. 2-51914/811-2521 as Exhibit 24(b)(6)(A) and is incorporated herein by reference. A copy of the form of Dealer Agreement used by Keystone Investment Distributors Company was filed with Post-Effective Amendment No. 43 to Registration Statement No. 2-51914/811-2521 as Exhibit 24(b)(6)(A) and is incorporated by reference herein. (7) Not applicable. (8) A copy of the Custodian and Recordkeeping Agreement between Registrant and State Street Bank and Trust Company was filed with Post-Effective Amendment No. 19 to Registration Statement No. 2-51914/811-2521 as Exhibit 1(b)(8) and is Item 24(b) Exhibits (continued). incorporated by reference herein. Copies of Amendment Nos. 1, 3-7 to said Agreement were filed with Post-Effective Amendment No. 43 to Registration Statement No. 2-51914/811-2521 as Exhibit 24(b)(8) and are incorporated by reference herein. (9) Not applicable. (10) An opinion and consent of counsel as to the legality of securities registered by the Fund was filed with Post-Effective Amendment No. 48 to Registration Statement No. 2-51914/811-2521 and is incorporated herein by reference. (11) Consent as to the use of opinion of the Independent Auditors Report was filed with Post-Effective Amendment No. 47 to Registration Statement No. 2-51914/811-2521 as Exhibit 24(b)(11) and is incorporated herein by reference. (12) Not applicable. (13) Not applicable. (14) Not applicable. (15) A copy of Registrant's Distribution Plan adopted pursuant to Rule 12b-1 was filed with Post-Effective Amendment No. 43 to Registration Statement No. 2-51914/811-2521 as Exhibit 24(b)(15) and is incorporated by reference herein. A copy of each of Registrant's Class B and Class C Distribution Plans were filed with Post-Effective Amendment No. 47 to Registration Statement No. 2-51914/811-2521 as Exhibit 24(b)(15) and is incorporated herein by reference. (16) A schedule for computation of the effective and current yields was filed with Post-Effectie Amendment No. 47 to Registration Statement No. 2-51914/811-2521 as Exhibit 24(b)(16) and is incorporated herein by reference. (17) Financial data schedules are filed herewith as Exhibit 27. (18) A copy of the form of Registrant's Multiple Class Plan adopted pursuant to Rule 18f-3 is filed herewith as Exhibit 24(b)(18). (19) Powers of Attorney are filed herewith as Exhibit 24(b)(19). Item 25. Persons Controlled by or under Common Control with Registrant Not applicable. Item 26. Number of Holders of Securities Number of Record Title of Class Holders as of April 28, 1995 -------------- ---------------------------- Shares of Beneficial Class A - 15,678 Interest, without par Class B - 545 value Class C - 243 Item 27. Indemnification Provisions for the indemnification of the Registrant's Trustees and officers are contained in Article VIII of Registrant's Declaration of Trust, as supplemented, a copy of which was filed with Post-Effective Amendment No. 43 to Registration Statement No. 2-51914/811-2921 as part of Exhibit 24(b)(1) and is incorporated by reference herein. Provisions for the indemnification of Keystone Investment Management Company, Registrant's investment adviser, are contained in Section 4 of the Advisory Agreement, by and between Keystone Management, Inc. and Keystone Investment Management Company, a copy of which was filed with Post-Effective Amendment No. 47 to Registration Statement No. 2-51914/811-2921 as Exhibit 24(b)(5)(B) and is incorporated by reference herein. Item 28. Businesses and Other Connections of Investment Advisers Filed with Post-Effective Amendment No. 47 to Registration Statement No. 2-51914/811-2521 and is incorporated by reference herein. Item 29. Principal Underwriter (a) Keystone Investment Distributors Company, which acts as Registrant's principal underwriter, also acts as principal underwriter for the following entities: Keystone America Hartwell Emerging Growth Fund, Inc. Keystone Hartwell Growth Fund Keystone Quality Fund (B-1) Keystone Diversified Bond Fund (B-2) Keystone High Income Bond Fund (B-4) Keystone Balanced Fund (K-1) Keystone Strategic Growth Fund (K-2) Keystone Growth and Income Fund (S-1) Keystone Mid-Cap Growth Fund (S-3) Keystone Small Company Growth Fund (S-4) Keystone Capital Preservation and Income Fund Keystone Fund For Total Return Keystone Global Opportunities Fund Keystone Government Securities Fund Keystone Intermediate Term Bond Fund Keystone America Omega Fund, Inc. Keystone State Tax Free Fund Keystone State Tax Free Fund - Series II Keystone Strategic Income Fund Keystone Tax Free Income Fund Keystone Fund of the Americas Keystone Strategic Development Fund Keystone Tax Free Fund Keystone Tax Exempt Trust Keystone Liquid Trust Keystone International Fund Inc. Keystone Precious Metals Holdings, Inc. (b) Information with respect to each officer and director of Registrant's acting principal underwriter was filed with Post-Effective Amendment No. 47 to Registration Statement No. 2-51914/811-2521 and is incorporated by reference herein. (c) Not applicable. Item 30. Location of Accounts and Records 200 Berkeley Street Boston, Massachusetts 02116-5034 Keystone Investor Resource Center, Inc. 101 Main Street Cambridge, Massachusetts 02142-1519 State Street Bank and Trust Company 1776 Heritage Drive Quincy, Massachusetts 02171 Data Vault, Inc. 331 Sharp Slot Road Swansea, Massachusetts 02777 Item 31. Management Services Not applicable. Item 32. Undertakings Registrant hereby undertakes to furnish each person to whom a copy of the Registrant's prospectus is delivered with a copy of the Registrant's latest annual report to shareholders, upon request and without charge. SIGNATURES Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all of the requirements for the effectiveness of this amendment to its Registration Statement pursuant to Rule 485(b) under the Securities act of 1933 and has duly caused this Amendment to its Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Boston, in The Commonwealth of Massachusetts, on the 26th day of May, 1995. KEYSTONE LIQUID TRUST By:/s/ George S. Bissell ------------------------ George S. Bissell* Chairman of the Board *By:/s/ James M. Wall ------------------------ James M. Wall** Attorney-in-Fact Pursuant to the requirements of the Securities Act of 1933, this Amendment to Registrant's Registration Statement has been signed below by the following persons in the capacities indicated on the 26th day of May, 1995. SIGNATURES TITLE /s/ George S. Bissell Chairman of the Board and Trustee ----------------------- George S. Bissell* /s/ Albert H. Elfner, III President, Chief Executive Officer ---------------------- and Trustee Albert H. Elfner, III* /s/ Kevin J. Morrissey Treasurer (Principal Accounting ---------------------- and Financial Officer) Kevin J. Morrissey* *By:/s/ James M. Wall ------------------------ James M. Wall** Attorney-in-Fact SIGNATURES TITLE /s/ Frederick Amling Trustee ----------------------- Frederick Amling* /s/ Charles A. Austin, III Trustee ----------------------- Charles A. Austin, III* /s/ Edwin D. Campbell Trustee ----------------------- Edwin D. Campbell* /s/ Charles F. Chapin Trustee ----------------------- Charles F. Chapin* /s/ K. Dun Gifford Trustee ----------------------- K. Dun Gifford* /s/ Leroy Keith, Jr. Trustee ----------------------- Leroy Keith, Jr.* /s/ F. Ray Keyser, Jr. Trustee ----------------------- F. Ray Keyser, Jr.* /s/ David M. Richardson Trustee ----------------------- David M. Richardson* /s/ Richard J. Shima Trustee ----------------------- Richard J. Shima* /s/ Andrew J. Simons Trustee ----------------------- Andrew J. Simons* *By:/s/ James M. Wall ------------------------ James M. Wall** Attorney-in-Fact ** James M. Wall, by signing his name hereto, does hereby sign this document on behalf of each of the above-named individuals pursuant to powers of attorney duly executed by such persons and attached hereto as Exhibit 24(b)(19). INDEX TO EXHIBITS Page Number in Sequential Exhibit Number Exhibit Numbering System 1 First Supplemental Declaration of Trust(4) 2 By-Laws(2) Amendment No. 1 to By-Laws(4) 4 Specimen Stock Certificate(1) 5 (A) Management Agreement(6) (B) Advisory Agreement(6) 6 (A) Underwriting Agreement(6) Dealers Agreement(4) 8 Custodian and Recordkeeping Agreement(3) Amendments to Custody Agreement(4) 10 Opinion and Consent of Counsel(7) 11 Independent Auditors' Consent(6) 15 Distribution Plan(4) Class B and C Distribution Plans(6) 16 Current and Effective Yield Schedules(6) 17 Financial Data Schedule (filed as Exhibit 27) 18 Multiple Class Plan 19 Powers of Attorney - ---------------------------------- (1) Incorporated herein by reference to Post-Effective Amendment No. 1 to Registration Statement No. 2-51914/811-2521. (2) Incorporated herein by reference to Post-Effective Amendment No. 13 to Registration Statement No. 2-51914/811-2521. (3) Incorporated herein by reference to Post-Effective Amendment No. 19 to Registration Statement No. 2-51914/811-2521. (4) Incorporated herein by reference to Post-Effective Amendment No. 43 to Registration Statement No. 2-51914/811-2521. (5) Incorporated herein by reference to Post-Effective Amendment No. 44 to Registration Statement No. 2-51914/811-2521. (6) Incorporated herein by reference to Post-Effective Amendment No. 47 to Registration Statement No. 2-51914/811-2521. (7) Incorporated herein by reference to Post-Effective Amendment No. 48 to Registration Statement No. 2-51914/811-2521. EXHIBIT 99.24(b)(18) MULTIPLE CLASS PLAN FOR KEYSTONE AMERICA FUNDS The Keystone America Fund Family currently offers a number of classes of shares with the following class provisions and current offering and exchange characteristics. Additional classes of shares, when created, may have characteristics that differ from those described. References to percentages not otherwise defined are to percentages of average daily net assets of a class. I. CLASSES 1. Class A Shares Keystone America Funds Class A Shares have a distribution plan adopted pursuant to Rule 12b-1 under the Investment Company Act of 1940 ("Rule 12b-1") and/or a shareholder services plan, which plans provide for payments, currently limited to 0.25% annually, for distribution and/or shareholder services fees. Class A Shares are offered with a front-end sales load, except that purchases of Class A Shares made on or after April 10, 1995 (a) in an amount equal to or exceeding $1 million and/or (b) by a corporate qualified retirement plan or a non-qualified deferred compensation plan sponsored by a corporation having 100 or more eligible employees are not subject to a front-end sales load, but are subject to a contingent deferred sales charge ("CDSC") of 1.00% for a period of 24 months from the date of purchase. Class A Shares may be exchanged for Class A Shares of other Keystone America Funds and Class A Shares of Keystone Liquid Trust. Class A Shares subject to a CDSC when exchanged will remain subject to the CDSC after the exchange. Keystone Liquid Trust Class A Shares have a distribution plan adopted pursuant to Rule 12b-1 and/or a shareholder services plan, which plans provide for payments of up to 0.25% annually for distribution and/or shareholder services fees. Class A Shares are offered without a sales load. Class A Shares may be exchanged for Class A Shares of other funds in the Keystone America Fund Family and shares of funds in the Keystone Fund Family. 2. Class B Shares Keystone America Funds (except Keystone Capital Preservation and Income Fund) and Keystone Liquid Trust Class B Shares have distribution plans adopted pursuant to Rule 12b-1 and may have a shareholder services plan, which plans, in the aggregate, provide for payments of up to 1.00% annually for distribution and/or shareholder services fees. Class B Shares are offered at net asset value without a front-end sales load but with a CDSC, which is a declining percentage of the lesser of current net asset value or initial cost. For Class B shares purchased on or after June 1, 1995, the CDSC is imposed at rates ranging from a maximum of 5% of amounts redeemed during the first twelve month period following the month of purchase to 1% of amounts redeemed during the sixth twelve month period following the month of purchase. The sub-class of Class B Shares issued prior to June 1, 1995 automatically convert to Class A Shares seven calendar years after purchase without a sales load or exchange fee. The sub-class of Class B Shares issued on or after to June 1, 1995 automatically convert to Class A Shares eight years after the month of purchase without a sales load or exchange fee. Class B Shares may be exchanged for the same sub-class of Class B Shares of other Keystone America Funds and the same sub-class of Class B Shares of Keystone Liquid Trust. Class B Shares subject to a CDSC when exchanged will remain subject to the CDSC after the exchange. Keystone Capital Preservation and Income Fund ("CPI") CPI Class B Shares have the same provisions and other characteristics as those described above for Class B Shares of the Keystone America Funds, except that Class B Shares of CPI (a) are subject to a CDSC, which is a declining percentage of the lesser of current net asset value or initial cost (for CPI Class B shares purchased on or after June 1, 1995, the CDSC is imposed at rates ranging from a maximum of 3% of amounts redeemed during the first twelve month period following the month of purchase to 1% of amounts redeemed during the fourth twelve month period following the month of purchase purchased); and (b) have the following special exchange or conversion features: (i) at the shareholder's option, the sub-class of CPI Class B Shares issued prior to June 1, 1995 may be exchanged for CPI Class A Shares up to seven years after purchase and (ii) the sub-class of Class B Shares issued on or after June 1, 1995 automatically convert to Class A Shares eight years after the month of purchase without a sales load or exchange fee. 3. Class C Shares Keystone America Funds and Keystone Liquid Trust Class C Shares have a distribution plan adopted pursuant to Rule 12b-1, and may have a shareholder services plan, which plans provide, in the aggregate, for payments of up to 1.00% annually for distribution and/or shareholder services fees. Class C Shares are subject to a CDSC, which is a percentage of the lesser of current net asset value or initial cost (currently 1.00% for one year from the date of purchase). Class C Shares are offered at net asset value without a front-end sales load. Class C Shares may be exchanged for Class C Shares of other Keystone America Funds and Keystone Liquid Trust. Class C Shares subject to a CDSC when exchanged will remain subject to the CDSC after the exchange. II. CLASS EXPENSES Each class bears the expenses of its Rule 12b-1 plan and/or shareholder services plan. There currently are no other class specific expenses. III. EXPENSE ALLOCATION METHODS Daily Distribution Funds All income, realized and unrealized capital gains and losses and expenses not assigned to a class will be allocated to each share regardless of class. Non-Daily Distribution Funds All income, realized and unrealized capital gains and losses and expenses not assigned to a class will be allocated to each class based on the relative net asset value of each class. IV. VOTING RIGHTS Each class shall have exclusive voting rights on any matter submitted to its shareholders that relates solely to its class arrangement. Each class shall have separate voting rights on any matter submitted to shareholders where the interests of one class differ from the interests of any other class. Each class has in all other respects the same rights and obligations as each other class. V. EXPENSE WAIVERS OR REIMBURSEMENTS Any expense waivers or reimbursements shall be in compliance with Rule 18f-3 issued under the Investment Company Act of 1940. EXHIBIT 99.24(b)(19) POWER OF ATTORNEY I, the undersigned, hereby constitute Roger T. Wickers, Rosemary D. Van Antwerp, Jean S. Loewenberg, Dorothy E. Bourassa, James M. Wall and Melina M. T. Murphy, each of them singly, my true and lawful attorneys, with full power to them and each of them to sign for me and in my name in the capacity indicated below any and all registration statements, including, but not limited to, Forms N-8A, N-8B-1, S-5, N-1 and N-1A, as amended from time to time, and any and all amendments thereto to be filed with the Securities and Exchange Commission for the purpose of registering from time to time all investment companies of which I am now or hereafter a Director or Trustee and/or Chairman of the Board and Chief Executive Officer and for which Keystone Custodian Funds, Inc. serves as Adviser or Manager and registering from time to time the shares of such companies, and generally to do all such things in my name and in my behalf to enable such investment companies to comply with the provisions of the Securities Act of 1933, as amended, the Investment Company Act of 1940, as amended, and all requirements and regulations of the Securities and Exchange Commission thereunder, hereby ratifying and confirming my signature as it may be signed by my said attorneys to any and all registration statements and amendments thereto. /s/ George S. Bissell George S. Bissell Director/Trustee, Chairman of the Board Dated: December 14, 1994 POWER OF ATTORNEY I, the undersigned, hereby constitute Roger T. Wickers, Rosemary D. Van Antwerp, Jean S. Loewenberg, Dorothy E. Bourassa, James M. Wall and Melina M. T. Murphy, each of them singly, my true and lawful attorneys, with full power to them and each of them to sign for me and in my name in the capacity indicated below any and all registration statements, including, but not limited to, Forms N-8A, N-8B-1, S-5, N-1 and N-1A, as amended from time to time, and any and all amendments thereto to be filed with the Securities and Exchange Commission for the purpose of registering from time to time all investment companies of which I am now or hereafter a Director or Trustee and/or Chief Executive Officer and for which Keystone Custodian Funds, Inc. serves as Adviser or Manager and registering from time to time the shares of such companies, and generally to do all such things in my name and in my behalf to enable such investment companies to comply with the provisions of the Securities Act of 1933, as amended, the Investment Company Act of 1940, as amended, and all requirements and regulations of the Securities and Exchange Commission thereunder, hereby ratifying and confirming my signature as it may be signed by my said attorneys to any and all registration statements and amendments thereto. /s/ Albert H. Elfner, III Albert H. Elfner, III Director/Trustee, President and Chief Executive Officer POWER OF ATTORNEY I, the undersigned, hereby constitute Roger T. Wickers, Rosemary D. Van Antwerp, Jean S. Loewenberg, Dorothy E. Bourassa, James M. Wall and Melina M. T. Murphy, each of them singly, my true and lawful attorneys, with full power to them and each of them to sign for me and in my name in the capacity indicated below any and all registration statements, including, but not limited to, Forms N-8A, N-8B-1, S-5, N-1 and N-1A, as amended from time to time, and any and all amendments thereto to be filed with the Securities and Exchange Commission for the purpose of registering from time to time all investment companies of which I am now or hereafter a Director, Trustee or officer and for which Keystone Custodian Funds, Inc. serves as Adviser or Manager and registering from time to time the shares of such companies, and generally to do all such things in my name and in my behalf to enable such investment companies to comply with the provisions of the Securities Act of 1933, as amended, the Investment Company Act of 1940, as amended, and all requirements and regulations of the Securities and Exchange Commission thereunder, hereby ratifying and confirming my signature as it may be signed by my said attorneys to any and all registration statements and amendments thereto. /s/ Kevin J. Morrissey Kevin J. Morrissey Treasurer Dated: December 14, 1994 POWER OF ATTORNEY I, the undersigned, hereby constitute Roger T. Wickers, Rosemary D. Van Antwerp, Jean S. Loewenberg, Dorothy E. Bourassa, James M. Wall and Melina M. T. Murphy, each of them singly, my true and lawful attorneys, with full power to them and each of them to sign for me and in my name in the capacity indicated below any and all registration statements, including, but not limited to, Forms N-8A, N-8B-1, S-5, N-1 and N-1A, as amended from time to time, and any and all amendments thereto to be filed with the Securities and Exchange Commission for the purpose of registering from time to time all investment companies of which I am now or hereafter a Director or Trustee and for which Keystone Custodian Funds, Inc. serves as Adviser or Manager and registering from time to time the shares of such companies, and generally to do all such things in my name and in my behalf to enable such investment companies to comply with the provisions of the Securities Act of 1933, as amended, the Investment Company Act of 1940, as amended, and all requirements and regulations of the Securities and Exchange Commission thereunder, hereby ratifying and confirming my signature as it may be signed by my said attorneys to any and all registration statements and amendments thereto. /s/ Frederick Amling Frederick Amling Director/Trustee Dated: December 14, 1994 POWER OF ATTORNEY I, the undersigned, hereby constitute Roger T. Wickers, Rosemary D. Van Antwerp, Jean S. Loewenberg, Dorothy E. Bourassa, James M. Wall and Melina M. T. Murphy, each of them singly, my true and lawful attorneys, with full power to them and each of them to sign for me and in my name in the capacity indicated below any and all registration statements, including, but not limited to, Forms N-8A, N-8B-1, S-5, N-1 and N-1A, as amended from time to time, and any and all amendments thereto to be filed with the Securities and Exchange Commission for the purpose of registering from time to time all investment companies of which I am now or hereafter a Director or Trustee and for which Keystone Custodian Funds, Inc. serves as Adviser or Manager and registering from time to time the shares of such companies, and generally to do all such things in my name and in my behalf to enable such investment companies to comply with the provisions of the Securities Act of 1933, as amended, the Investment Company Act of 1940, as amended, and all requirements and regulations of the Securities and Exchange Commission thereunder, hereby ratifying and confirming my signature as it may be signed by my said attorneys to any and all registration statements and amendments thereto. /s/ Charles A. Austin III Charles A. Austin III Director/Trustee Dated: December 14, 1994 POWER OF ATTORNEY I, the undersigned, hereby constitute Roger T. Wickers, Rosemary D. Van Antwerp, Jean S. Loewenberg, Dorothy E. Bourassa, James M. Wall and Melina M. T. Murphy, each of them singly, my true and lawful attorneys, with full power to them and each of them to sign for me and in my name in the capacity indicated below any and all registration statements, including, but not limited to, Forms N-8A, N-8B-1, S-5, N-1 and N-1A, as amended from time to time, and any and all amendments thereto to be filed with the Securities and Exchange Commission for the purpose of registering from time to time all investment companies of which I am now or hereafter a Director or Trustee and for which Keystone Custodian Funds, Inc. serves as Adviser or Manager and registering from time to time the shares of such companies, and generally to do all such things in my name and in my behalf to enable such investment companies to comply with the provisions of the Securities Act of 1933, as amended, the Investment Company Act of 1940, as amended, and all requirements and regulations of the Securities and Exchange Commission thereunder, hereby ratifying and confirming my signature as it may be signed by my said attorneys to any and all registration statements and amendments thereto. /s/ Edwin D. Campbell Edwin D. Campbell Director/Trustee Dated: December 14, 1994 POWER OF ATTORNEY I, the undersigned, hereby constitute Roger T. Wickers, Rosemary D. Van Antwerp, Jean S. Loewenberg, Dorothy E. Bourassa, James M. Wall and Melina M. T. Murphy, each of them singly, my true and lawful attorneys, with full power to them and each of them to sign for me and in my name in the capacity indicated below any and all registration statements, including, but not limited to, Forms N-8A, N-8B-1, S-5, N-1 and N-1A, as amended from time to time, and any and all amendments thereto to be filed with the Securities and Exchange Commission for the purpose of registering from time to time all investment companies of which I am now or hereafter a Director or Trustee and for which Keystone Custodian Funds, Inc. serves as Adviser or Manager and registering from time to time the shares of such companies, and generally to do all such things in my name and in my behalf to enable such investment companies to comply with the provisions of the Securities Act of 1933, as amended, the Investment Company Act of 1940, as amended, and all requirements and regulations of the Securities and Exchange Commission thereunder, hereby ratifying and confirming my signature as it may be signed by my said attorneys to any and all registration statements and amendments thereto. /s/ Charles F. Chapin Charles F. Chapin Director/Trustee Dated: December 14, 1994 POWER OF ATTORNEY I, the undersigned, hereby constitute Roger T. Wickers, Rosemary D. Van Antwerp, Jean S. Loewenberg, Dorothy E. Bourassa, James M. Wall and Melina M. T. Murphy, each of them singly, my true and lawful attorneys, with full power to them and each of them to sign for me and in my name in the capacity indicated below any and all registration statements, including, but not limited to, Forms N-8A, N-8B-1, S-5, N-1 and N-1A, as amended from time to time, and any and all amendments thereto to be filed with the Securities and Exchange Commission for the purpose of registering from time to time all investment companies of which I am now or hereafter a Director or Trustee and for which Keystone Custodian Funds, Inc. serves as Adviser or Manager and registering from time to time the shares of such companies, and generally to do all such things in my name and in my behalf to enable such investment companies to comply with the provisions of the Securities Act of 1933, as amended, the Investment Company Act of 1940, as amended, and all requirements and regulations of the Securities and Exchange Commission thereunder, hereby ratifying and confirming my signature as it may be signed by my said attorneys to any and all registration statements and amendments thereto. /s/ K. Dun Gifford K. Dun Gifford Director/Trustee Dated: December 14, 1994 POWER OF ATTORNEY I, the undersigned, hereby constitute Roger T. Wickers, Rosemary D. Van Antwerp, Jean S. Loewenberg, Dorothy E. Bourassa, James M. Wall and Melina M. T. Murphy, each of them singly, my true and lawful attorneys, with full power to them and each of them to sign for me and in my name in the capacity indicated below any and all registration statements, including, but not limited to, Forms N-8A, N-8B-1, S-5, N-1 and N-1A, as amended from time to time, and any and all amendments thereto to be filed with the Securities and Exchange Commission for the purpose of registering from time to time all investment companies of which I am now or hereafter a Director or Trustee and for which Keystone Custodian Funds, Inc. serves as Adviser or Manager and registering from time to time the shares of such companies, and generally to do all such things in my name and in my behalf to enable such investment companies to comply with the provisions of the Securities Act of 1933, as amended, the Investment Company Act of 1940, as amended, and all requirements and regulations of the Securities and Exchange Commission thereunder, hereby ratifying and confirming my signature as it may be signed by my said attorneys to any and all registration statements and amendments thereto. /s/ Leroy Keith, Jr. Leroy Keith, Jr. Director/Trustee Dated: December 14, 1994 POWER OF ATTORNEY I, the undersigned, hereby constitute Roger T. Wickers, Rosemary D. Van Antwerp, Jean S. Loewenberg, Dorothy E. Bourassa, James M. Wall and Melina M. T. Murphy, each of them singly, my true and lawful attorneys, with full power to them and each of them to sign for me and in my name in the capacity indicated below any and all registration statements, including, but not limited to, Forms N-8A, N-8B-1, S-5, N-1 and N-1A, as amended from time to time, and any and all amendments thereto to be filed with the Securities and Exchange Commission for the purpose of registering from time to time all investment companies of which I am now or hereafter a Director or Trustee and for which Keystone Custodian Funds, Inc. serves as Adviser or Manager and registering from time to time the shares of such companies, and generally to do all such things in my name and in my behalf to enable such investment companies to comply with the provisions of the Securities Act of 1933, as amended, the Investment Company Act of 1940, as amended, and all requirements and regulations of the Securities and Exchange Commission thereunder, hereby ratifying and confirming my signature as it may be signed by my said attorneys to any and all registration statements and amendments thereto. /s/ F. Ray Keyser, Jr. F. Ray Keyser, Jr. Director/Trustee Dated: December 14, 1994 POWER OF ATTORNEY I, the undersigned, hereby constitute Roger T. Wickers, Rosemary D. Van Antwerp, Jean S. Loewenberg, Dorothy E. Bourassa, James M. Wall and Melina M. T. Murphy, each of them singly, my true and lawful attorneys, with full power to them and each of them to sign for me and in my name in the capacity indicated below any and all registration statements, including, but not limited to, Forms N-8A, N-8B-1, S-5, N-1 and N-1A, as amended from time to time, and any and all amendments thereto to be filed with the Securities and Exchange Commission for the purpose of registering from time to time all investment companies of which I am now or hereafter a Director or Trustee and for which Keystone Custodian Funds, Inc. serves as Adviser or Manager and registering from time to time the shares of such companies, and generally to do all such things in my name and in my behalf to enable such investment companies to comply with the provisions of the Securities Act of 1933, as amended, the Investment Company Act of 1940, as amended, and all requirements and regulations of the Securities and Exchange Commission thereunder, hereby ratifying and confirming my signature as it may be signed by my said attorneys to any and all registration statements and amendments thereto. /s/ David M. Richardson David M. Richardson Director/Trustee Dated: December 14, 1994 POWER OF ATTORNEY I, the undersigned, hereby constitute Roger T. Wickers, Rosemary D. Van Antwerp, Jean S. Loewenberg, Dorothy E. Bourassa, James M. Wall and Melina M. T. Murphy, each of them singly, my true and lawful attorneys, with full power to them and each of them to sign for me and in my name in the capacity indicated below any and all registration statements, including, but not limited to, Forms N-8A, N-8B-1, S-5, N-1 and N-1A, as amended from time to time, and any and all amendments thereto to be filed with the Securities and Exchange Commission for the purpose of registering from time to time all investment companies of which I am now or hereafter a Director or Trustee and for which Keystone Custodian Funds, Inc. serves as Adviser or Manager and registering from time to time the shares of such companies, and generally to do all such things in my name and in my behalf to enable such investment companies to comply with the provisions of the Securities Act of 1933, as amended, the Investment Company Act of 1940, as amended, and all requirements and regulations of the Securities and Exchange Commission thereunder, hereby ratifying and confirming my signature as it may be signed by my said attorneys to any and all registration statements and amendments thereto. /s/ Richard J. Shima Richard J. Shima Director/Trustee Dated: December 14, 1994 POWER OF ATTORNEY I, the undersigned, hereby constitute Roger T. Wickers, Rosemary D. Van Antwerp, Jean S. Loewenberg, Dorothy E. Bourassa, James M. Wall and Melina M. T. Murphy, each of them singly, my true and lawful attorneys, with full power to them and each of them to sign for me and in my name in the capacity indicated below any and all registration statements, including, but not limited to, Forms N-8A, N-8B-1, S-5, N-1 and N-1A, as amended from time to time, and any and all amendments thereto to be filed with the Securities and Exchange Commission for the purpose of registering from time to time all investment companies of which I am now or hereafter a Director or Trustee and for which Keystone Custodian Funds, Inc. serves as Adviser or Manager and registering from time to time the shares of such companies, and generally to do all such things in my name and in my behalf to enable such investment companies to comply with the provisions of the Securities Act of 1933, as amended, the Investment Company Act of 1940, as amended, and all requirements and regulations of the Securities and Exchange Commission thereunder, hereby ratifying and confirming my signature as it may be signed by my said attorneys to any and all registration statements and amendments thereto. /s/ Andrew J. Simons Andrew J. Simons Director/Trustee Dated: December 14, 1994 EX-27 2 FDS CLASS A
6 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ACCOUNTING RECORDS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ACCOUNTING RECORDS. 101 KEYSTONE LIQUID TRUST CLASS A 12-MOS JUN-30-1994 JUL-01-1993 JUN-30-1994 417,098,649 417,097,371 317,370 56,762 0 417,471,503 0 0 1,057,544 1,057,544 0 398,617,047 397,617,047 189,166,555 0 0 0 0 0 398,617,047 0 9,631,928 0 (2,788,545) 6,843,383 (188) 6,097 6,849,292 0 (6,849,292) 0 0 905,957,790 (701,655,443) 5,148,145 209,450,492 0 0 0 0 (1,378,321) 0 (2,788,545) 273,808,539 1.00 0.02 0.00 (0.02) 0.00 0.00 1.00 1.02 0 0
EX-27 3 FDS CLASS B
6 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ACCOUNTING RECORDS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ACCOUNTING RECORDS. 102 KEYSTONE LIQUID TRUST FUND CLASS B 12-MOS JUN-30-1994 JUL-01-1993 JUN-30-1994 417,098,649 417,097,371 317,370 56,762 0 417,471,503 0 0 1,057,544 1,057,544 0 11,197,588 11,197,588 240,782 0 0 0 0 0 11,197,588 0 125,506 0 (63,096) 62,410 (1) 421 62,830 0 (62,830) 0 0 23,326,893 (12,406,378) 36,291 10,956,806 0 0 0 0 (16,814) 0 (63,096) 3,408,771 1.00 0.01 0.00 (0.01) 0.00 0.00 1.00 1.85 0 0
EX-27 4 FDS CLASS C
6 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ACCOUNTING RECORDS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ACCOUNTING RECORDS. 103 KEYSTONE LIQUID TRUST FUND CLASS C 12-MOS JUN-30-1994 JUL-01-1993 JUN-30-1994 417,098,649 417,097,371 317,370 56,762 0 417,471,503 0 0 1,057,544 1,057,544 0 6,599,324 6,599,324 33,804 0 0 0 0 0 6,599,324 0 95,579 0 (46,614) 48,965 0 449 49,414 0 (49,414) 0 0 14,136,918 (7,601,012) 29,614 6,565,520 0 0 0 0 (12,574) 0 (46,614) 2,506,636 1.00 0.01 0.00 (0.01) 0.00 0.00 1.00 1.86 0 0
-----END PRIVACY-ENHANCED MESSAGE-----