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

                                    FORM 24f-2
                        Annual Notice of Securities Sold
                            Pursuant to Rule 24F-2

         Read instructions at end of Form before preparing Form.
         Please print or type.

1.Name and address of issuer:
         Wright Managed Blue Chip Series Trust
         24 Federal ST
         Boston, MA 02110


2.The name of each series or class of securities for which this
Form is filed (If the Form is being filed for all series and classes of
securities of the issuer, check the box but do not list series or
classes):Series with December 31 Fiscal year Ends

3.Investment Company Act File Number:
                                 811-7654

 Securities Act File Number:
                                 33-61314


4.(a)  Last day of fiscal year for which this Form is filed:
                         12/31/97


4.(b)  Check box if this form is being filed late(i.e., more
than 90 calendar days after the end of the issuer's fiscal
year).  (See Instruction A.2)

Note: If the Form is being filed late, interest must
be paid on the registration fee due.
4.(c)  Check box if this is the last time the issuer will be filing this
Form.

5.     Calculation of registration fee:

(i)  Aggregate sale price of securities sold during the
    fiscal year pursuant to section 24(f):
                                                      $ 1,541,783
(ii)  Aggregate price of securities redeemed or
      repurchased during the fiscal year:
                                       $    1,225,377

(iii)  Aggregate price of securities redeemed or
       repurchased during any prior fiscal year ending no
       earlier than October 11, 1995 that were not
       previously used to reduce registration fees payable
       to the Commission:
                                       $            0

(iv)   Total available redemption credits[add items 5(ii)and (iii):
                                                      - 1,225,377

(v)    Net sales-- if item 5(i) is greater than item5(iv)
        [subtract item 5(iv) from item 5(i)]:
                                                          316,406

(vi)   Redemption credits available for use in future years
       --if item 5(i) is less than item 5(iv) [subtract item
       5(iv) from item 5(i)]:
                                       $            0

(vii)   Multiplier for determining registration fee (see Instructions C.9)
                 0.000295
(viii)   Registration fee due [multiply Item 5(v) by Item 5(vii)] (enter
         '"0" if no fee due):
                                                93.34

6.Prepaid Shares:
If the response to item 5(i) was determined by deducting
an amount of securities that were registered under the
Securities Act of 1933 pursuant to rule 24e-2 as in effect
before [effective date of rescission of rule 24e-2], then
report the amount of securities (number of shares or other
units deducted here:

If there is a number of shares or other units that were
registered pursuant to rule 24e-2 remaining unsold at the
end of the fiscal year for which this form is filed that are
available for use by the issuer in future fiscal years, then
state that number here:
                                                    0

7.Interest due - if this Form is being filed more than 90 days after the end
of the issuer's fiscal year (See Instruction D):

8.Total amount of the registration fee due plus any interest
due [line 5(viii) plus line 7]:
                                                93.34

9.Date the registration fee and any interest payment was
sent to the Commission's lockbox depository:

         Method of delivery:     Wire Transfer


Signatures

This report has been signed below by the following persons on behalf of
the issuer and in the capacities and on the dates indicated.

/s/ William J Austin, Jr.
By (Signature and Title)*
William J Austin, Jr.- Assistant Treasurer
Date: 3/30/98

*Please print the name and title of the signing officer below the signature.