Notice of Applications for Deregistration Under Section 8(f) of the Investment Company Act of 1940

Resumen

Applicant seeks an order declaring that it has ceased to be an investment company. On July 27, 2001, applicant made a liquidating distribution to its shareholders based on net asset value. Applicant incurred $1,890 in expenses in connection with the liquidation. Filing Dates: The application was filed on November 14, 2001, and amended on November 27, 2001. Applicant's Address: 100 Vanguard Blvd., Malvern, PA 19355.