-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, N1C2vZTdJew0QBaOVKO68H16UPJ1tq1NBmAImA/VdN86WYx+Sk5oepaGe19N3/Py sEeUcNheux9mtKMuHs5f4g== 0000950146-98-000618.txt : 19980416 0000950146-98-000618.hdr.sgml : 19980416 ACCESSION NUMBER: 0000950146-98-000618 CONFORMED SUBMISSION TYPE: 40-17F2 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980415 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: MUTUAL FUND TRUST CENTRAL INDEX KEY: 0000919034 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: MA FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 40-17F2 SEC ACT: SEC FILE NUMBER: 811-08358 FILM NUMBER: 98593947 BUSINESS ADDRESS: STREET 1: 125 WEST 55TH ST CITY: NEW YORK STATE: NY ZIP: 10019 40-17F2 1 CHASE VISTA FORM 40-17F2 Report of Independent Accountants September 29, 1997 To the Trustees of Mutual Fund Trust We have examined management's assertion about Mutual Fund Trust's (the "Company") compliance with the requirements of subsections (b) and (c) of Rule 17f-2 under the Investment Company Act of 1940 ("the Act") as of May 31, 1997 included in the accompanying Management Statement Regarding Compliance with Certain Provisions of the Investment Company Act of 1940. Management is responsible for the Company's compliance with those requirements. Our responsibility is to express an opinion on management's assertion about the Company's compliance based on our examination. Our examination was made in accordance with standards established by the American Institute of Certified Public Accountants and accordingly included examining, on a test basis, evidence about the Company's compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. Included among our procedures were the following tests performed as of May 31, 1997, and the period from April 30, 1997 (the date of last examination) through May 31, 1997 with respect to agreement of purchases and sales of securities and similar investments, without prior notice to management: o Count and inspection of domestic securities and similar investments located in the vault of The Chase Manhattan Bank at 4 New York Plaza, 11th Floor, New York, New York; o Testing of securities and similar investments held in book entry form by the Federal Reserve Bank of New York and The Depository Trust Company via evaluation of the reconciliation procedures used by the Custodian and disposition of any reconciling items related to the Company's positions; o Testing of the reconciliation of securities and similar investments, prepared by management of the Company, between the books and records of the Company and the Custodian; o Confirmation of securities and similar investments out for transfer with transfer agents; o Confirmation of securities with the transfer agent for investments in other mutual funds; o Liquidation of repurchase agreements, time deposits and securities out for redemption or maturity; o Confirmation of securities and similar investments out for partial call with transfer agents; o Testing of selected purchases and/or sales or maturities of investment securities since our last examination from the books and records of the Company to trade tickets and broker confirmations; o For global securities physically held or held in book entry form by sub-custodians outside of the United States: o Count and inspection of securities and similar investments held in physical form in the countries of England and Malaysia; o Testing of the reconciliation of custody records, prepared by management of the Company, between The Chase Manhattan Bank, Bournemouth, England, the primary custodian outside of the United States, and the corresponding sub-custodians; o Testing of the reconciliation of securities and similar investments from The Chase Manhattan Bank, Bournemouth, England to the records of The Chase Manhattan Bank, New York. In connection with the procedures referred to above for the investment accounts as of May 31, 1997, we were unable to complete the planned procedures with the expected results for the four items listed below. For Provident Municipal Fund, 812,000 shares were confirmed by the fund's transfer agent as owned by the Company. For the Master Note Agreement with CS First Boston, we were unable to confirm any amount with the custodian or issuer. For NYS Med Facs Securities, the custodian confirmed 745,000 and 1,275,000 shares as held by the Company: Security Cusip # Shares/Par -------- ------- ---------- Provident Municipal Fund 625907100 808,372 Master Note Agreement with CS First Boston N/A $95,000,000 NYS Med Facs Securities 64988JNH9 1,480,000 NYS Med Facs Securities 64988JNG1 540,000 No other matters came to our attention that caused us to believe that the investment accounts as of May 31, 1997 should be adjusted. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Company's compliance with specified requirements. In our opinion, management's assertion that Mutual Fund Trust was in compliance with the above mentioned provisions of Rule 17f-2 of the Investment Company Act of 1940 as of May 31, 1997 is fairly stated, in all material respects. This report is intended solely for the information and use of management of Mutual Fund Trust and Securities and Exchange Commission and should not be used for any other purpose. Management Statement Regarding Compliance with Certain Provisions of the Investment Company Act of 1940 -------------------------------------------------------- We, as members of management of Mutual Fund Trust (the "Company"), are responsible for complying with the requirements of subsections (b) and (c) of Rule 17f-2, "Custody of Investments by Registered Management Investment Companies," of the Investment Company Act of 1940. We are also responsible for establishing and maintaining an effective internal control structure over compliance with those requirements. We have performed an evaluation of the Company's compliance with the requirements of subsections (b) and (c) of Rule 17f-2 as of May 31, 1997. Based on this evaluation, we assert that the Company was in compliance with those provisions of Rule 17f-2 of the Investment Company Act of 1940 as of May 31, 1997 with respect to securities and similar investments reflected in the investment account of the Company. Mutual Fund Trust By: /s/ Martin R. Dean - -------------------------------- Martin R. Dean Treasurer Mutual Fund Trust /s/ Colleen McCoy - -------------------------------- Colleen McCoy Vice President Chase Manhattan Bank Report of Independent Accountants September 29, 1997 To the Board of Directors of Mutual Fund Variable Annuity Trust We have examined management's assertion about Mutual Fund Variable Annuity Trust's (the "Company") compliance with the requirements of subsections (b) and (c) of Rule 17f-2 under the Investment Company Act of 1940 ("the Act") as of May 31, 1997 included in the accompanying Management Statement Regarding Compliance with Certain Provisions of the Investment Company Act of 1940. Management is responsible for the Company's compliance with those requirements. Our responsibility is to express an opinion on management's assertion about the Company's compliance based on our examination. Our examination was made in accordance with standards established by the American Institute of Certified Public Accountants and accordingly included examining, on a test basis, evidence about the Company's compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. Included among our procedures were the following tests performed as of May 31, 1997, and the period from April 30, 1997 (the date of last examination) through May 31, 1997 with respect to agreement of purchases and sales of securities and similar investments, without prior notice to management: o Count and inspection of domestic securities and similar investments located in the vault of The Chase Manhattan Bank at 4 New York Plaza, 11th Floor, New York, New York; o Testing of securities and similar investments held in book entry form by the Federal Reserve Bank of New York, The Depository Trust Company and the Participants Trust Company via evaluation of the reconciliation procedures used by the Custodian and disposition of any reconciling items related to the Company's positions; o Testing of the reconciliation of securities and similar investments, prepared by management of the Company, between the books and records of the Company and the Custodian; o Liquidation of repurchase agreements; o Agreement of corporate actions (eg., stock dividends) due, but not yet received, to the books and records of the Custodian indicating subsequent receipt of the securities at a sub-custodian; o For global securities physically held or held in book entry form by sub-custodians outside of the United States: o Count and inspection of securities and similar investments held in physical form in the countries of England and Malaysia; o Testing of the reconciliation of custody records, prepared by management of the Company, between The Chase Manhattan Bank, Bournemouth, England, the primary custodian outside of the United States, and the corresponding sub-custodians; o Testing of the reconciliation of securities and similar investments from The Chase Manhattan Bank, Bournemouth, England to the records of The Chase Manhattan Bank, New York. In connection with the procedures referred to above, for the investment accounts as of May 31, 1997, we were unable to complete the planned procedures with the expected results for the four items listed. For each of the Sumitomo Bank Time Deposits, we were informed the amounts were invested jointly in a time deposit through one of the funds in a related investment company. We agreed the cash disbursements and subsequent day's cash receipts between the Company and the related investment company to the Custodian's cash statements and noted that the par amounts and the appropriate interest income were transferred into the Company's cash accounts: Security Cusip # Par/Shares -------- ------- ---------- Sumitomo Bank Time Deposit N/A $793,000 Sumitomo Bank Time Deposit N/A $1,391,000 Sumitomo Bank Time Deposit N/A $538,000 Sumitomo Bank Time Deposit N/A $658,000 In addition, we were informed the following position was a fractional share position which the sub-custodian did not have in its records: Security Cusip # Shares -------- ------- ------ Zions Bankcorp 989701107 0.96 No other matters came to our attention that caused us to believe that the investment accounts as of May 31, 1997 should be adjusted. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Company's compliance with specified requirements. In our opinion, management's assertion that Mutual Fund Variable Annuity Trust was in compliance with the above mentioned provisions of Rule 17f-2 of the Investment Company Act of 1940 as of May 31, 1997 is fairly stated, in all material respects. This report is intended solely for the information and use of management of Mutual Fund Variable Annuity Trust and Securities and Exchange Commission and should not be used for any other purpose. Management Statement Regarding Compliance with Certain Provisions of the Investment Company Act of 1940 -------------------------------------------------------- We, as members of management of Mutual Fund Variable Annuity Trust (the "Company"), are responsible for complying with the requirements of subsections (b) and (c) of Rule 17f-2, "Custody of Investments by Registered Management Investment Companies," of the Investment Company Act of 1940. We are also responsible for establishing and maintaining an effective internal control structure over compliance with those requirements. We have performed an evaluation of the Company's compliance with the requirements of subsections (b) and (c) of Rule 17f-2 as of May 31, 1997. Based on this evaluation, we assert that the Company was in compliance with those provisions of Rule 17f-2 of the Investment Company Act of 1940 as of May 31, 1997 with respect to securities and similar investments reflected in the investment account of the Company. Mutual Fund Variable Annuity Trust By: /s/ Martin R. Dean - -------------------------------- Martin R. Dean Treasurer Mutual Fund Variable Annuity Trust /s/ Colleen McCoy - -------------------------------- Colleen McCoy Vice President Chase Manhattan Bank Report of Independent Accountants September 29, 1997 To the Board of Directors of Capital Growth Portfolio We have examined management's assertion about Capital Growth Portfolio's (the "Company") compliance with the requirements of subsections (b) and (c) of Rule 17f-2 under the Investment Company Act of 1940 ("the Act") as of May 31, 1997 included in the accompanying Management Statement Regarding Compliance with Certain Provisions of the Investment Company Act of 1940. Management is responsible for the Company's compliance with those requirements. Our responsibility is to express an opinion on management's assertion about the Company's compliance based on our examination. Our examination was made in accordance with standards established by the American Institute of Certified Public Accountants and accordingly included examining, on a test basis, evidence about the Company's compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. Included among our procedures were the following tests performed as of May 31, 1997, and the period from April 30, 1997 (the date of last examination) through May 31, 1997 with respect to agreement of purchases and sales of securities and similar investments, without prior notice to management: o Testing of securities and similar investments held in book entry form by the Federal Reserve Bank of New York and The Depository Trust Company via evaluation of the reconciliation procedures used by the Custodian and disposition of any reconciling items related to the Company's positions; o Testing of the reconciliation of securities and similar investments, prepared by management of the Company, between the books and records of the Company and the Custodian; o For global securities physically held or held in book entry form by sub-custodians outside of the United States: o Count and inspection of securities and similar investments held in physical form in the countries of England and Malaysia; o Testing of the reconciliation of custody records, prepared by management of the Company, between The Chase Manhattan Bank, Bournemouth, England, the primary custodian outside of the United States, and the corresponding sub-custodians; o Testing of the reconciliation of securities and similar investments from The Chase Manhattan Bank, Bournemouth, England to the records of The Chase Manhattan Bank, New York. In connection with the procedures referred to above, for the investment accounts as of May 31, 1997, we were unable to complete the planned procedures with the expected results for the two items listed below. For Noble Drilling Corp Com, we were informed that the difference was a fractional share position which the sub-custodian did not have in its records. For the Sumitomo Bank Time Deposit, we were informed the amount was invested jointly in a time deposit through one of the funds in a related investment company. We agreed the cash disbursements and subsequent day's cash receipts between the Company and the related investment company to the Custodian's cash statements and noted that the par amount and the appropriate interest income were transferred into the Company's cash account: Security Cusip Shares/Par - -------- ----- ---------- Noble Drilling Corp Com 655042109 .3 Sumitomo Bank Time Deposit N/A $28,539,000 No other matters came to our attention that caused us to believe that the investment accounts as of May 31, 1997 should be adjusted. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Company's compliance with specified requirements. In our opinion, management's assertion that Capital Growth Portfolio was in compliance with the above mentioned provisions of Rule 17f-2 of the Investment Company Act of 1940 as of May 31, 1997 is fairly stated, in all material respects. This report is intended solely for the information and use of management of Capital Growth Portfolio and Securities and Exchange Commission and should not be used for any other purpose. Management Statement Regarding Compliance with Certain Provisions of the Investment Company Act of 1940 -------------------------------------------------------- We, as members of management of Capital Growth Portfolio (the "Company"), are responsible for complying with the requirements of subsections (b) and (c) of Rule 17f-2, "Custody of Investments by Registered Management Investment Companies," of the Investment Company Act of 1940. We are also responsible for establishing and maintaining an effective internal control structure over compliance with those requirements. We have performed an evaluation of the Company's compliance with the requirements of subsections (b) and (c) of Rule 17f-2 as of May 31, 1997. Based on this evaluation, we assert that the Company was in compliance with those provisions of Rule 17f-2 of the Investment Company Act of 1940 as of May 31, 1997 with respect to securities and similar investments reflected in the investment account of the Company. Capital Growth Portfolio By: /s/ Martin R. Dean - -------------------------------- Martin R. Dean Treasurer Capital Growth Portfolio /s/ Colleen McCoy - -------------------------------- Colleen McCoy Vice President Chase Manhattan Bank Report of Independent Accountants September 29, 1997 To the Board of Directors of Growth & Income Portfolio We have examined management's assertion about Growth & Income Portfolio's (the "Company") compliance with the requirements of subsections (b) and (c) of Rule 17f-2 under the Investment Company Act of 1940 ("the Act") as of May 31, 1997 included in the accompanying Management Statement Regarding Compliance with Certain Provisions of the Investment Company Act of 1940. Management is responsible for the Company's compliance with those requirements. Our responsibility is to express an opinion on management's assertion about the Company's compliance based on our examination. Our examination was made in accordance with standards established by the American Institute of Certified Public Accountants and accordingly included examining, on a test basis, evidence about the Company's compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. Included among our procedures were the following tests performed as of May 31, 1997, and the period from April 30, 1997 (the date of last examination) through May 31, 1997 with respect to agreement of purchases and sales of securities and similar investments, without prior notice to management: o Count and inspection of domestic securities and similar investments located in the vault of The Chase Manhattan Bank at 4 New York Plaza, 11th Floor, New York, New York; o Testing of securities and similar investments held in book entry form by the Federal Reserve Bank of New York and The Depository Trust Company via evaluation of the reconciliation procedures used by the Custodian and disposition of any reconciling items related to the Company's positions; o Testing of the reconciliation of securities and similar investments, prepared by management of the Company, between the books and records of the Company and the Custodian; o Agreement of corporate actions (eg., stock dividends) due, but not yet received, to the books and records of the Custodian indicating subsequent receipt of the securities at a sub-custodian; o For global securities physically held or held in book entry form by sub-custodians outside of the United States: o Count and inspection of securities and similar investments held in physical form in the countries of England and Malaysia; o Testing of the reconciliation of custody records, prepared by management of the Company, between The Chase Manhattan Bank, Bournemouth, England, the primary custodian outside of the United States, and the corresponding sub-custodians; o Testing of the reconciliation of securities and similar investments from The Chase Manhattan Bank, Bournemouth, England to the records of The Chase Manhattan Bank, New York. In connection with the procedures referred to above, for the investment accounts as of May 31, 1997, we were unable to complete the planned procedures with the expected results for three items listed below. For the Sumitomo Bank Time Deposit, we were informed the amount represented a joint investment in a time deposit for the Company and sixteen funds in related investment companies. We agreed the cash disbursements and subsequent day's cash receipts to the Custodian's cash statements and noted that the par amounts and the appropriate interest income were transferred into each of the Company's and related investment companies' cash accounts. For the Cucci International and the Suntrust Bank Time Deposit, custody confirmed positions of $3,000,000 and $20,000: Security Cusip Par/Amount - -------- ----- ---------- Sumitomo Bank Time Deposit N/A $229,829,000 Cucci International 126545AB8 0 Suntrust Bank Time Deposit 8ST99RJX1 0 No other matters came to our attention that caused us to believe that the investment accounts as of May 31, 1997 should be adjusted. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Company's compliance with specified requirements. In our opinion, management's assertion that Growth & Income Portfolio was in compliance with the above mentioned provisions of Rule 17f-2 of the Investment Company Act of 1940 as of May 31, 1997 is fairly stated, in all material respects. This report is intended solely for the information and use of management of Growth & Income Portfolio and Securities and Exchange Commission and should not be used for any other purpose. Management Statement Regarding Compliance with Certain Provisions of the Investment Company Act of 1940 -------------------------------------------------------- We, as members of management of Growth & Income Portfolio (the "Company"), are responsible for complying with the requirements of subsections (b) and (c) of Rule 17f-2, "Custody of Investments by Registered Management Investment Companies," of the Investment Company Act of 1940. We are also responsible for establishing and maintaining an effective internal control structure over compliance with those requirements. We have performed an evaluation of the Company's compliance with the requirements of subsections (b) and (c) of Rule 17f-2 as of May 31, 1997. Based on this evaluation, we assert that the Company was in compliance with those provisions of Rule 17f-2 of the Investment Company Act of 1940 as of May 31, 1997 with respect to securities and similar investments reflected in the investment account of the Company. Growth & Income Portfolio By: /s/ Martin R. Dean - -------------------------------- Martin R. Dean Treasurer Growth & Income Portfolio /s/ Colleen McCoy - -------------------------------- Colleen McCoy Vice President Chase Manhattan Bank Report of Independent Accountants September 29, 1997 To the Board of Directors of International Equity Portfolio We have examined management's assertion about International Equity Portfolio's (the "Company") compliance with the requirements of subsections (b) and (c) of Rule 17f-2 under the Investment Company Act of 1940 ("the Act") as of May 31, 1997 included in the accompanying Management Statement Regarding Compliance with Certain Provisions of the Investment Company Act of 1940. Management is responsible for the Company's compliance with those requirements. Our responsibility is to express an opinion on management's assertion about the Company's compliance based on our examination. Our examination was made in accordance with standards established by the American Institute of Certified Public Accountants and accordingly included examining, on a test basis, evidence about the Company's compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. Included among our procedures were the following tests performed as of May 31, 1997, and the period from April 30, 1997 (the date of last examination) through May 31, 1997 with respect to agreement of purchases and sales of securities and similar investments, without prior notice to management: o Testing of securities and similar investments held in book entry form by The Depository Trust Company via evaluation of the reconciliation procedures used by the Custodian and disposition of any reconciling items related to the Company's positions; o Testing of the reconciliation of securities and similar investments, prepared by management of the Company, between the books and records of the Company and the Custodian; o For global securities physically held or held in book entry form by sub-custodians outside of the United States: o Count and inspection of securities and similar investments held in physical form in the countries of England and Malaysia; o Testing of the reconciliation of custody records, prepared by management of the Company, between The Chase Manhattan Bank, Bournemouth, England, the primary custodian outside of the United States, and the corresponding sub-custodians; o Testing of the reconciliation of securities and similar investments from The Chase Manhattan Bank, Bournemouth, England to the records of The Chase Manhattan Bank, New York. In connection with the procedures referred to above, for the investment accounts as of May 31, 1997, we were unable to complete the planned procedures with the expected results for the item listed below. For the Sumitomo Bank Time Deposit, we were informed that the amount was invested jointly in a time deposit through one of the funds in a related investment company. We agreed the cash disbursements and subsequent day's cash receipts between the Company and the related investment company to the Custodian's cash statements and noted that the par amount and the appropriate interest income were transferred into the Company's cash account. Security Cusip # Par/Shares -------- ------- ---------- Sumitomo Bank Time Deposit N/A $596,000 No other matters came to our attention that caused us to believe that the investment accounts as of May 31, 1997 should be adjusted. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Company's compliance with specified requirements. In our opinion, management's assertion that International Equity Portfolio was in compliance with the above mentioned provisions of Rule 17f-2 of the Investment Company Act of 1940 as of May 31, 1997 is fairly stated, in all material respects. This report is intended solely for the information and use of management of International Equity Portfolio and Securities and Exchange Commission and should not be used for any other purpose. Management Statement Regarding Compliance with Certain Provisions of the Investment Company Act of 1940 -------------------------------------------------------- We, as members of management of International Equity Portfolio (the "Company"), are responsible for complying with the requirements of subsections (b) and (c) of Rule 17f-2, "Custody of Investments by Registered Management Investment Companies," of the Investment Company Act of 1940. We are also responsible for establishing and maintaining an effective internal control structure over compliance with those requirements. We have performed an evaluation of the Company's compliance with the requirements of subsections (b) and (c) of Rule 17f-2 as of May 31, 1997. Based on this evaluation, we assert that the Company was in compliance with those provisions of Rule 17f-2 of the Investment Company Act of 1940 as of May 31, 1997 with respect to securities and similar investments reflected in the investment account of the Company. International Equity Portfolio By: /s/ Martin R. Dean - -------------------------------- Martin R. Dean Treasurer International Equity Portfolio /s/ Colleen McCoy - -------------------------------- Colleen McCoy Vice President Chase Manhattan Bank Report of Independent Accountants September 29, 1997 To the Board of Directors of Mutual Fund Group We have examined management's assertion about Mutual Fund Group's (the "Company") compliance with the requirements of subsections (b) and (c) of Rule 17f-2 under the Investment Company Act of 1940 ("the Act") as of May 31, 1997 included in the accompanying Management Statement Regarding Compliance with Certain Provisions of the Investment Company Act of 1940. Management is responsible for the Company's compliance with those requirements. Our responsibility is to express an opinion on management's assertion about the Company's compliance based on our examination. Our examination was made in accordance with standards established by the American Institute of Certified Public Accountants and accordingly included examining, on a test basis, evidence about the Company's compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. Included among our procedures were the following tests performed as of May 31, 1997, and the period from April 30, 1997 (the date of last examination) through May 31, 1997 with respect to agreement of purchases and sales of securities and similar investments, without prior notice to management: o Count and inspection of domestic securities and similar investments located in the vault of The Chase Manhattan Bank at 4 New York Plaza, 11th Floor, NY, NY; o Testing of securities and similar investments held in book entry form by the Federal Reserve Bank of New York, The Depository Trust Company and the Participants Trust Company via evaluation of the reconciliation procedures used by the Custodian and disposition of any reconciling items related to the Company's positions; o Testing of the reconciliation of securities and similar investments, prepared by management of the Company, between the books and records of the Company and the Custodian; o Liquidation of repurchase agreements; o Agreement of corporate actions (eg., stock dividends) due, but not yet received, to the books and records of the Custodian indicating subsequent receipt of the securities at a sub-custodian; o Testing of selected purchases and/or sales or maturities of investment securities since our last examination from the books and records of the Company to trade tickets and broker confirmations; o For global securities physically held or held in book entry form by sub-custodians outside of the United States: o Count and inspection of securities and similar investments held in physical form in the countries of England and Malaysia; o Testing of the reconciliation of custody records, prepared by management of the Company, between The Chase Manhattan Bank, Bournemouth, England, the primary custodian outside of the United States, and the corresponding sub-custodians; o Testing of the reconciliation of securities and similar investments from The Chase Manhattan Bank, Bournemouth, England to the records of The Chase Manhattan Bank, New York. In connection with the procedures referred to above for the investment accounts as of May 31, 1997, we were unable to complete the planned procedures with the expected results for the eight items listed below. For the Sumitomo Bank Time Deposits, we were informed the amounts were invested jointly in a time deposit through one of the funds in a related investment company. We agreed the cash disbursements and subsequent day's cash receipts between the Company and the related investment company to the Custodian's cash statements and noted that the par amounts and the appropriate interest income were transferred into the Company's cash accounts. For the Westinghouse Electric Corp. the custodian confirmed 7,965 shares as held by the Company. For the Hangseng HKGE Euro Put Option and the FNR 91-155 PD, we were unable to confirm any amount with the custodian or broker: Security Cusip # Par/Shares/Contracts -------- ------- -------------------- Sumitomo Bank Time Deposit N/A $20,390,000 Sumitomo Bank Time Deposit N/A $9,281,000 Sumitomo Bank Time Deposit N/A $8,249,000 Sumitomo Bank Time Deposit N/A $2,168,000 Sumitomo Bank Time Deposit N/A $416,000 Westinghouse Electric Corp. 960402709 9,000 FNR 91-155 PD 31358KRD2 $129,289 Hangseng HKGE Euro Put Option 9PG912773 35 In addition, we were informed the following two positions were fractional share positions which the sub-custodian did not have in its records: Security Cusip # Shares -------- ------- ------ Zions Bankcorp 989701107 0.74 Zions Bankcorp 989701107 0.09 No other matters came to our attention that caused us to believe that the investment accounts as of May 31, 1997 should be adjusted. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Company's compliance with specified requirements. In our opinion, management's assertion that Mutual Fund Group was in compliance with the above mentioned provisions of Rule 17f-2 of the Investment Company Act of 1940 as of May 31, 1997 is fairly stated, in all material respects. This report is intended solely for the information and use of management of Mutual Fund Group and Securities and Exchange Commission and should not be used for any other purpose. Management Statement Regarding Compliance with Certain Provisions of the Investment Company Act of 1940 -------------------------------------------------------- We, as members of management of Mutual Fund Group (the "Company"), are responsible for complying with the requirements of subsections (b) and (c) of Rule 17f-2, "Custody of Investments by Registered Management Investment Companies," of the Investment Company Act of 1940. We are also responsible for establishing and maintaining an effective internal control structure over compliance with those requirements. We have performed an evaluation of the Company's compliance with the requirements of subsections (b) and (c) of Rule 17f-2 as of May 31, 1997. Based on this evaluation, we assert that the Company was in compliance with those provisions of Rule 17f-2 of the Investment Company Act of 1940 as of May 31, 1997 with respect to securities and similar investments reflected in the investment account of the Company. Mutual Fund Group By: /s/ Martin R. Dean - -------------------------------- Martin R. Dean Treasurer Mutual Fund Group /s/ Colleen McCoy - -------------------------------- Colleen McCoy Vice President Chase Manhattan Bank Report of Independent Accountants September 29, 1997 To the Board of Directors of Mutual Fund Select Group We have examined management's assertion about Mutual Fund Select Group's (the "Company") compliance with the requirements of subsections (b) and (c) of Rule 17f-2 under the Investment Company Act of 1940 ("the Act") as of May 31, 1997 included in the accompanying Management Statement Regarding Compliance with Certain Provisions of the Investment Company Act of 1940. Management is responsible for the Company's compliance with those requirements. Our responsibility is to express an opinion on management's assertion about the Company's compliance based on our examination. Our examination was made in accordance with standards established by the American Institute of Certified Public Accountants and accordingly included examining, on a test basis, evidence about the Company's compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. Included among our procedures were the following tests performed as of May 31, 1997, and the period from April 30, 1997 (the date of last examination) through May 31, 1997 with respect to agreement of purchases and sales of securities and similar investments, without prior notice to management: o Count and inspection of domestic securities and similar investments located in the vault of The Chase Manhattan Bank at 4 New York Plaza, 11th Floor, New York, New York; o Testing of securities and similar investments held in book entry form by the Federal Reserve Bank of New York, The Depository Trust Company and the Participants Trust Company via evaluation of the reconciliation procedures used by the Custodian and disposition of any reconciling items related to the Company's positions; o Testing of the reconciliation of securities and similar investments, prepared by management of the Company, between the books and records of the Company and the Custodian; o Liquidation of repurchase agreements; o Agreement of corporate actions (eg., stock dividends) due, but not yet received, to the books and records of the Custodian indicating subsequent receipt of the securities at a sub-custodian; o Testing of selected purchases and/or sales or maturities of investment securities since our last examination from the books and records of the Company to trade tickets and broker confirmations; o For global securities physically held or held in book entry form by sub-custodians outside of the United States: o Count and inspection of securities and similar investments held in physical form in the countries of England and Malaysia; o Testing of the reconciliation of custody records, prepared by management of the Company, between The Chase Manhattan Bank, Bournemouth, England, the primary custodian outside of the United States, and the corresponding sub-custodians; o Testing of the reconciliation of securities and similar investments from The Chase Manhattan Bank, Bournemouth, England to the records of The Chase Manhattan Bank, New York. In connection with the procedures referred to above, for the investment accounts as of May 31, 1997, we were unable to complete the planned procedures with the expected results for the six items listed below. For each of the Sumitomo Bank Time Deposits, we were informed the amounts were invested jointly in a time deposit through one of the funds in a related investment company. We agreed the cash disbursements and subsequent day's cash receipts between the Company and the related investment company to the Custodian's cash statements and noted that the par amounts and the appropriate interest income were transferred into the Company's cash accounts: Security Cusip # Par -------- ------- --- Sumitomo Bank Time Deposit N/A $48,429,000 Sumitomo Bank Time Deposit N/A $7,627,000 Sumitomo Bank Time Deposit N/A $42,582,000 Sumitomo Bank Time Deposit N/A $4,887,000 Sumitomo Bank Time Deposit N/A $3,942,000 Sumitomo Bank Time Deposit N/A $7,786,000 In addition, the following security was in the Custodian's records but not in the investment accounts of the Company: Security Cusip # Shares -------- ------- ------ Echelon International Co. 278747100 4,000 No other matters came to our attention that caused us to believe that the investment accounts as of May 31, 1997 should be adjusted. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Company's compliance with specified requirements. In our opinion, management's assertion that Mutual Fund Select Group was in compliance with the above mentioned provisions of Rule 17f-2 of the Investment Company Act of 1940 as of May 31, 1997 is fairly stated, in all material respects. This report is intended solely for the information and use of management of Mutual Fund Select Group and Securities and Exchange Commission and should not be used for any other purpose. Management Statement Regarding Compliance with Certain Provisions of the Investment Company Act of 1940 -------------------------------------------------------- We, as members of management of Mutual Fund Select Group (the "Company"), are responsible for complying with the requirements of subsections (b) and (c) of Rule 17f-2, "Custody of Investments by Registered Management Investment Companies," of the Investment Company Act of 1940. We are also responsible for establishing and maintaining an effective internal control structure over compliance with those requirements. We have performed an evaluation of the Company's compliance with the requirements of subsections (b) and (c) of Rule 17f-2 as of May 31, 1997. Based on this evaluation, we assert that the Company was in compliance with those provisions of Rule 17f-2 of the Investment Company Act of 1940 as of May 31, 1997 with respect to securities and similar investments reflected in the investment account of the Company. Mutual Fund Select Group By: /s/ Martin R. Dean - -------------------------------- Martin R. Dean Treasurer Mutual Fund Select Group /s/ Colleen McCoy - -------------------------------- Colleen McCoy Vice President Chase Manhattan Bank Report of Independent Accountants September 29, 1997 To the Board of Directors of Mutual Fund Select Trust We have examined management's assertion about Mutual Fund Select Trust's (the "Company") compliance with the requirements of subsections (b) and (c) of Rule 17f-2 under the Investment Company Act of 1940 ("the Act") as of May 31, 1997 included in the accompanying Management Statement Regarding Compliance with Certain Provisions of the Investment Company Act of 1940. Management is responsible for the Company's compliance with those requirements. Our responsibility is to express an opinion on management's assertion about the Company's compliance based on our examination. Our examination was made in accordance with standards established by the American Institute of Certified Public Accountants and accordingly included examining, on a test basis, evidence about the Company's compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. Included among our procedures were the following tests performed as of May 31, 1997, and the period from April 30, 1997 (the date of last examination) through May 31, 1997 with respect to agreement of purchases and sales of securities and similar investments, without prior notice to management: o Testing of securities and similar investments held in book entry form by The Depository Trust Company via evaluation of the reconciliation procedures used by the Custodian and disposition of any reconciling items related to the Company's positions; o Testing of the reconciliation of securities and similar investments, prepared by management of the Company, between the books and records of the Company and the Custodian; o Confirmation of securities with the transfer agent for investments in other mutual funds; o Testing of selected purchases and/or sales or maturities of investment securities since our last examination from the books and records of the Company to trade tickets and broker confirmations. In connection with the procedures referred to above for the investment accounts as of May 31, 1997, we were unable to complete the planned procedures with the expected results for the two items listed below. For Provident Municipal Fund, 16,988,000 and 8,397,000 shares, respectively, were confirmed by the fund's transfer agent as owned by the Company: Security Cusip # Shares -------- ------- ------ Provident Municipal Fund 625907100 16,430,000 Provident Municipal Fund 625907100 8,955,000 No other matters came to our attention that caused us to believe that the investment accounts as of May 31, 1997 should be adjusted. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Company's compliance with specified requirements. In our opinion, management's assertion that Mutual Fund Select Trust was in compliance with the above mentioned provisions of Rule 17f-2 of the Investment Company Act of 1940 as of May 31, 1997 is fairly stated, in all material respects. This report is intended solely for the information and use of management of Mutual Fund Select Trust and Securities and Exchange Commission and should not be used for any other purpose. Management Statement Regarding Compliance with Certain Provisions of the Investment Company Act of 1940 -------------------------------------------------------- We, as members of management of Mutual Fund Select Trust (the "Company"), are responsible for complying with the requirements of subsections (b) and (c) of Rule 17f-2, "Custody of Investments by Registered Management Investment Companies," of the Investment Company Act of 1940. We are also responsible for establishing and maintaining an effective internal control structure over compliance with those requirements. We have performed an evaluation of the Company's compliance with the requirements of subsections (b) and (c) of Rule 17f-2 as of May 31, 1997. Based on this evaluation, we assert that the Company was in compliance with those provisions of Rule 17f-2 of the Investment Company Act of 1940 as of May 31, 1997 with respect to securities and similar investments reflected in the investment account of the Company. Mutual Fund Select Trust By: /s/ Martin R. Dean - -------------------------------- Martin R. Dean Treasurer Mutual Fund Select Trust /s/ Colleen McCoy - -------------------------------- Colleen McCoy Vice President Chase Manhattan Bank UNITED STATES ---------------------------------- SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL Washington, D.C. 20549 ---------------------------------- OMB Number: 3235-0360 FORM N-17f-2 Expires: July 31, 1994 Estimated average burden hours per response ...0.05 ---------------------------------- Certificate of Accounting of Securities and Similar Investments in the Custody of Management Investment Companies Pursuant to Rule 17f-2 [17 CFR 270.17F-2] - ---------------------------------------------------------------------------------------------- ------------------------------------- 1. Investment Company Act File Number: Date examination completed: 811-5151 May 31, 1997 - ------------------------------------------------------------------------------------------------------------------------------------ 2. State identification Number: --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- AL AK AZ AR CA CO --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- CT DE DC FL GA HI --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- ID IL IN IA KS KY --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- LA ME MD MA MI MN --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- MS MO MT NE NV NH --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- NJ NM NY NC ND OH --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- OK OR PA RI SC SD --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- TN TX UT VT VA WA --------------------- -------------------- --------------------- ----------------------------------------------------------- WV WI WY PUERTO RICO ---------------------------------------------------------------------------------------------------------------------------- Other (specify): - ------------------------------------------------------------------------------------------------------------------------------------ 3. Exact name of investment company as specified in registration statement: MUTUAL FUND GROUP - ------------------------------------------------------------------------------------------------------------------------------------ 5. Address of principal executive office (number, street, city, state, zip code): 101 Park Avenue, New York, New York 10178 - ------------------------------------------------------------------------------------------------------------------------------------
INSTRUCTIONS This Form must be completed by investment companies that have custody of securities or similar investments. Investment Company 1. All items must be completed by the investment company. 2. Give this Form to the independent public accountant who, in compliance with Rule 17f-2 under the Act and applicable state law, examines securities and similar investments in the custody of the investment company. Accountant 3. Submit this Form to the Securities and Exchange Commission and appropriate state securities administrators when filing the certificate of accounting required by Rule 17f-2 under the Act and applicable state law. File the original and one copy with the Securities and Exchange Commission's principal office in Washington, D.C., one copy with the regional office for the region in which the investment company's principal business operations are conducted, and one copy with the appropriate state administrator(s), if applicable. THIS FORM MUST BE GIVEN TO YOUR INDEPENDENT PUBLIC ACCOUNTANT SEC 2198 (11-91) UNITED STATES ---------------------------------- SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL Washington, D.C. 20549 ---------------------------------- OMB Number: 3235-0360 FORM N-17f-2 Expires: July 31, 1994 Estimated average burden hours per response ...0.05 ---------------------------------- Certificate of Accounting of Securities and Similar Investments in the Custody of Management Investment Companies Pursuant to Rule 17f-2 [17 CFR 270.17F-2] - ---------------------------------------------------------------------------------------------- ------------------------------------- 1. Investment Company Act File Number: Date examination completed: 811-07843 May 31, 1997 - ------------------------------------------------------------------------------------------------------------------------------------ 2. State identification Number: --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- AL AK AZ AR CA CO --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- CT DE DC FL GA HI --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- ID IL IN IA KS KY --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- LA ME MD MA MI MN --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- MS MO MT NE NV NH --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- NJ NM NY NC ND OH --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- OK OR PA RI SC SD --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- TN TX UT VT VA WA --------------------- -------------------- --------------------- ----------------------------------------------------------- WV WI WY PUERTO RICO ---------------------------------------------------------------------------------------------------------------------------- Other (specify): - ------------------------------------------------------------------------------------------------------------------------------------ 3. Exact name of investment company as specified in registration statement: MUTUAL FUND SELECT GROUP - ------------------------------------------------------------------------------------------------------------------------------------ 5. Address of principal executive office (number, street, city, state, zip code): 101 Park Avenue, New York, New York 10178 - ------------------------------------------------------------------------------------------------------------------------------------
INSTRUCTIONS This Form must be completed by investment companies that have custody of securities or similar investments. Investment Company 1. All items must be completed by the investment company. 2. Give this Form to the independent public accountant who, in compliance with Rule 17f-2 under the Act and applicable state law, examines securities and similar investments in the custody of the investment company. Accountant 3. Submit this Form to the Securities and Exchange Commission and appropriate state securities administrators when filing the certificate of accounting required by Rule 17f-2 under the Act and applicable state law. File the original and one copy with the Securities and Exchange Commission's principal office in Washington, D.C., one copy with the regional office for the region in which the investment company's principal business operations are conducted, and one copy with the appropriate state administrator(s), if applicable. THIS FORM MUST BE GIVEN TO YOUR INDEPENDENT PUBLIC ACCOUNTANT SEC 2198 (11-91) UNITED STATES ---------------------------------- SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL Washington, D.C. 20549 ---------------------------------- OMB Number: 3235-0360 FORM N-17f-2 Expires: July 31, 1994 Estimated average burden hours per response ...0.05 ---------------------------------- Certificate of Accounting of Securities and Similar Investments in the Custody of Management Investment Companies Pursuant to Rule 17f-2 [17 CFR 270.17F-2] - ---------------------------------------------------------------------------------------------- ------------------------------------- 1. Investment Company Act File Number: Date examination completed: 811-8358 May 31, 1997 - ------------------------------------------------------------------------------------------------------------------------------------ 2. State identification Number: --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- AL AK AZ AR CA CO --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- CT DE DC FL GA HI --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- ID IL IN IA KS KY --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- LA ME MD MA MI MN --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- MS MO MT NE NV NH --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- NJ NM NY NC ND OH --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- OK OR PA RI SC SD --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- TN TX UT VT VA WA --------------------- -------------------- --------------------- ----------------------------------------------------------- WV WI WY PUERTO RICO ---------------------------------------------------------------------------------------------------------------------------- Other (specify): - ------------------------------------------------------------------------------------------------------------------------------------ 3. Exact name of investment company as specified in registration statement: MUTUAL FUND TRUST - ------------------------------------------------------------------------------------------------------------------------------------ 5. Address of principal executive office (number, street, city, state, zip code): 101 Park Avenue, New York, New York 10178 - ------------------------------------------------------------------------------------------------------------------------------------
INSTRUCTIONS This Form must be completed by investment companies that have custody of securities or similar investments. Investment Company 1. All items must be completed by the investment company. 2. Give this Form to the independent public accountant who, in compliance with Rule 17f-2 under the Act and applicable state law, examines securities and similar investments in the custody of the investment company. Accountant 3. Submit this Form to the Securities and Exchange Commission and appropriate state securities administrators when filing the certificate of accounting required by Rule 17f-2 under the Act and applicable state law. File the original and one copy with the Securities and Exchange Commission's principal office in Washington, D.C., one copy with the regional office for the region in which the investment company's principal business operations are conducted, and one copy with the appropriate state administrator(s), if applicable. THIS FORM MUST BE GIVEN TO YOUR INDEPENDENT PUBLIC ACCOUNTANT SEC 2198 (11-91) UNITED STATES ---------------------------------- SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL Washington, D.C. 20549 ---------------------------------- OMB Number: 3235-0360 FORM N-17f-2 Expires: July 31, 1994 Estimated average burden hours per response ...0.05 ---------------------------------- Certificate of Accounting of Securities and Similar Investments in the Custody of Management Investment Companies Pursuant to Rule 17f-2 [17 CFR 270.17F-2] - ---------------------------------------------------------------------------------------------- ------------------------------------- 1. Investment Company Act File Number: Date examination completed: 811-07841 May 31, 1997 - ------------------------------------------------------------------------------------------------------------------------------------ 2. State identification Number: --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- AL AK AZ AR CA CO --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- CT DE DC FL GA HI --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- ID IL IN IA KS KY --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- LA ME MD MA MI MN --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- MS MO MT NE NV NH --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- NJ NM NY NC ND OH --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- OK OR PA RI SC SD --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- TN TX UT VT VA WA --------------------- -------------------- --------------------- ----------------------------------------------------------- WV WI WY PUERTO RICO ---------------------------------------------------------------------------------------------------------------------------- Other (specify): - ------------------------------------------------------------------------------------------------------------------------------------ 3. Exact name of investment company as specified in registration statement: MUTUAL FUND SELECT TRUST - ------------------------------------------------------------------------------------------------------------------------------------ 5. Address of principal executive office (number, street, city, state, zip code): 101 Park Avenue, New York, New York 10178 - ------------------------------------------------------------------------------------------------------------------------------------
INSTRUCTIONS This Form must be completed by investment companies that have custody of securities or similar investments. Investment Company 1. All items must be completed by the investment company. 2. Give this Form to the independent public accountant who, in compliance with Rule 17f-2 under the Act and applicable state law, examines securities and similar investments in the custody of the investment company. Accountant 3. Submit this Form to the Securities and Exchange Commission and appropriate state securities administrators when filing the certificate of accounting required by Rule 17f-2 under the Act and applicable state law. File the original and one copy with the Securities and Exchange Commission's principal office in Washington, D.C., one copy with the regional office for the region in which the investment company's principal business operations are conducted, and one copy with the appropriate state administrator(s), if applicable. THIS FORM MUST BE GIVEN TO YOUR INDEPENDENT PUBLIC ACCOUNTANT SEC 2198 (11-91) UNITED STATES ---------------------------------- SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL Washington, D.C. 20549 ---------------------------------- OMB Number: 3235-0360 FORM N-17f-2 Expires: July 31, 1994 Estimated average burden hours per response ...0.05 ---------------------------------- Certificate of Accounting of Securities and Similar Investments in the Custody of Management Investment Companies Pursuant to Rule 17f-2 [17 CFR 270.17F-2] - ---------------------------------------------------------------------------------------------- ------------------------------------- 1. Investment Company Act File Number: Date examination completed: 811-7394 May 31, 1997 - ------------------------------------------------------------------------------------------------------------------------------------ 2. State identification Number: --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- AL AK AZ AR CA CO --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- CT DE DC FL GA HI --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- ID IL IN IA KS KY --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- LA ME MD MA MI MN --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- MS MO MT NE NV NH --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- NJ NM NY NC ND OH --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- OK OR PA RI SC SD --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- TN TX UT VT VA WA --------------------- -------------------- --------------------- ----------------------------------------------------------- WV WI WY PUERTO RICO ---------------------------------------------------------------------------------------------------------------------------- Other (specify): - ------------------------------------------------------------------------------------------------------------------------------------ 3. Exact name of investment company as specified in registration statement: INTERNATIONAL EQUITY PORTFOLIO - ------------------------------------------------------------------------------------------------------------------------------------ 5. Address of principal executive office (number, street, city, state, zip code): George Martinez, Esq., BISYS Fund Services, Inc., 3435 Stelzer Road, Columbus, OH 43219 - ------------------------------------------------------------------------------------------------------------------------------------
INSTRUCTIONS This Form must be completed by investment companies that have custody of securities or similar investments. Investment Company 1. All items must be completed by the investment company. 2. Give this Form to the independent public accountant who, in compliance with Rule 17f-2 under the Act and applicable state law, examines securities and similar investments in the custody of the investment company. Accountant 3. Submit this Form to the Securities and Exchange Commission and appropriate state securities administrators when filing the certificate of accounting required by Rule 17f-2 under the Act and applicable state law. File the original and one copy with the Securities and Exchange Commission's principal office in Washington, D.C., one copy with the regional office for the region in which the investment company's principal business operations are conducted, and one copy with the appropriate state administrator(s), if applicable. THIS FORM MUST BE GIVEN TO YOUR INDEPENDENT PUBLIC ACCOUNTANT SEC 2198 (11-91) UNITED STATES ---------------------------------- SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL Washington, D.C. 20549 ---------------------------------- OMB Number: 3235-0360 FORM N-17f-2 Expires: July 31, 1994 Estimated average burden hours per response ...0.05 ---------------------------------- Certificate of Accounting of Securities and Similar Investments in the Custody of Management Investment Companies Pursuant to Rule 17f-2 [17 CFR 270.17F-2] - ---------------------------------------------------------------------------------------------- ------------------------------------- 1. Investment Company Act File Number: Date examination completed: 811-8086 May 31, 1997 - ------------------------------------------------------------------------------------------------------------------------------------ 2. State identification Number: --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- AL AK AZ AR CA CO --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- CT DE DC FL GA HI --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- ID IL IN IA KS KY --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- LA ME MD MA MI MN --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- MS MO MT NE NV NH --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- NJ NM NY NC ND OH --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- OK OR PA RI SC SD --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- TN TX UT VT VA WA --------------------- -------------------- --------------------- ----------------------------------------------------------- WV WI WY PUERTO RICO ---------------------------------------------------------------------------------------------------------------------------- Other (specify): - ------------------------------------------------------------------------------------------------------------------------------------ 3. Exact name of investment company as specified in registration statement: CAPITAL GROWTH PORTFOLIO - ------------------------------------------------------------------------------------------------------------------------------------ 5. Address of principal executive office (number, street, city, state, zip code): George Martinez, Esq., BISYS Fund Services, Inc., 3435 Stelzer Road, Columbus, OH 43219 - ------------------------------------------------------------------------------------------------------------------------------------
INSTRUCTIONS This Form must be completed by investment companies that have custody of securities or similar investments. Investment Company 1. All items must be completed by the investment company. 2. Give this Form to the independent public accountant who, in compliance with Rule 17f-2 under the Act and applicable state law, examines securities and similar investments in the custody of the investment company. Accountant 3. Submit this Form to the Securities and Exchange Commission and appropriate state securities administrators when filing the certificate of accounting required by Rule 17f-2 under the Act and applicable state law. File the original and one copy with the Securities and Exchange Commission's principal office in Washington, D.C., one copy with the regional office for the region in which the investment company's principal business operations are conducted, and one copy with the appropriate state administrator(s), if applicable. THIS FORM MUST BE GIVEN TO YOUR INDEPENDENT PUBLIC ACCOUNTANT SEC 2198 (11-91) UNITED STATES ---------------------------------- SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL Washington, D.C. 20549 ---------------------------------- OMB Number: 3235-0360 FORM N-17f-2 Expires: July 31, 1994 Estimated average burden hours per response ...0.05 ---------------------------------- Certificate of Accounting of Securities and Similar Investments in the Custody of Management Investment Companies Pursuant to Rule 17f-2 [17 CFR 270.17F-2] - ---------------------------------------------------------------------------------------------- ------------------------------------- 1. Investment Company Act File Number: Date examination completed: 811-8084 May 31, 1997 - ------------------------------------------------------------------------------------------------------------------------------------ 2. State identification Number: --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- AL AK AZ AR CA CO --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- CT DE DC FL GA HI --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- ID IL IN IA KS KY --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- LA ME MD MA MI MN --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- MS MO MT NE NV NH --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- NJ NM NY NC ND OH --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- OK OR PA RI SC SD --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- TN TX UT VT VA WA --------------------- -------------------- --------------------- ----------------------------------------------------------- WV WI WY PUERTO RICO ---------------------------------------------------------------------------------------------------------------------------- Other (specify): - ------------------------------------------------------------------------------------------------------------------------------------ 3. Exact name of investment company as specified in registration statement: GROWTH & INCOME PORTFOLIO - ------------------------------------------------------------------------------------------------------------------------------------ 5. Address of principal executive office (number, street, city, state, zip code): George Martinez, Esq., BISYS Fund Services, Inc., 3435 Stelzer Road, Columbus, OH 43219 - ------------------------------------------------------------------------------------------------------------------------------------
INSTRUCTIONS This Form must be completed by investment companies that have custody of securities or similar investments. Investment Company 1. All items must be completed by the investment company. 2. Give this Form to the independent public accountant who, in compliance with Rule 17f-2 under the Act and applicable state law, examines securities and similar investments in the custody of the investment company. Accountant 3. Submit this Form to the Securities and Exchange Commission and appropriate state securities administrators when filing the certificate of accounting required by Rule 17f-2 under the Act and applicable state law. File the original and one copy with the Securities and Exchange Commission's principal office in Washington, D.C., one copy with the regional office for the region in which the investment company's principal business operations are conducted, and one copy with the appropriate state administrator(s), if applicable. THIS FORM MUST BE GIVEN TO YOUR INDEPENDENT PUBLIC ACCOUNTANT SEC 2198 (11-91) UNITED STATES ---------------------------------- SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL Washington, D.C. 20549 ---------------------------------- OMB Number: 3235-0360 FORM N-17f-2 Expires: July 31, 1994 Estimated average burden hours per response ...0.05 ---------------------------------- Certificate of Accounting of Securities and Similar Investments in the Custody of Management Investment Companies Pursuant to Rule 17f-2 [17 CFR 270.17F-2] - ---------------------------------------------------------------------------------------------- ------------------------------------- 1. Investment Company Act File Number: Date examination completed: 811-8630 May 31, 1997 - ------------------------------------------------------------------------------------------------------------------------------------ 2. State identification Number: --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- AL AK AZ AR CA CO --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- CT DE DC FL GA HI --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- ID IL IN IA KS KY --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- LA ME MD MA MI MN --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- MS MO MT NE NV NH --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- NJ NM NY NC ND OH --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- OK OR PA RI SC SD --------------------- -------------------- --------------------- --------------------- ---------------------- -------------- TN TX UT VT VA WA --------------------- -------------------- --------------------- ----------------------------------------------------------- WV WI WY PUERTO RICO ---------------------------------------------------------------------------------------------------------------------------- Other (specify): - ------------------------------------------------------------------------------------------------------------------------------------ 3. Exact name of investment company as specified in registration statement: MUTUAL FUND VARIABLE ANNUITY TRUST - ------------------------------------------------------------------------------------------------------------------------------------ 5. Address of principal executive office (number, street, city, state, zip code): 101 Park Avenue, New York, New York 10178 - ------------------------------------------------------------------------------------------------------------------------------------
INSTRUCTIONS This Form must be completed by investment companies that have custody of securities or similar investments. Investment Company 1. All items must be completed by the investment company. 2. Give this Form to the independent public accountant who, in compliance with Rule 17f-2 under the Act and applicable state law, examines securities and similar investments in the custody of the investment company. Accountant 3. Submit this Form to the Securities and Exchange Commission and appropriate state securities administrators when filing the certificate of accounting required by Rule 17f-2 under the Act and applicable state law. File the original and one copy with the Securities and Exchange Commission's principal office in Washington, D.C., one copy with the regional office for the region in which the investment company's principal business operations are conducted, and one copy with the appropriate state administrator(s), if applicable. THIS FORM MUST BE GIVEN TO YOUR INDEPENDENT PUBLIC ACCOUNTANT SEC 2198 (11-91) -----END PRIVACY-ENHANCED MESSAGE-----