UNITED STATES				OMB APPROVAL
SECURITIES AND EXCHANGE COMMISSION				OMB Number: 3235-0456
Washington, D.C. 20549				Expires: March 31, 2012
				Estimated average burden
FORM 24F-2				hours per response.....…2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
Read instructions at end of Form before preparing Form.
1.   Name and address of issuer:
	Forum Funds
	Three Canal Plaza, Suite 600
	Portland, Maine 04101
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):   [  ]
	The Market Neutral Fund
3.   Investment Company Act File Number:			811-3023
Securities Act File Number:			2-67052
4(a).  Last day of fiscal year for which this Form is filed:
	November 20, 2009
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):					$	9,109,268
(ii)    Aggregate price of securities redeemed or
repurchased during the fiscal year:		$	87,880,865
(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)			-		$	87,880,865
and 5(iii)].
(v)    Net sales -- if Item 5(i) is greater than Item 5(iv)
[subtract Item 5(iv) from Item 5(i)]:					$	0
(vi)   Redemption credits available for use in future years		$	78,771,597
-- if Item 5(i) is less than Item 5(iv) [subtract Item
5(iv) from Item 5(i)]:
(vii)  Multiplier for determining registration fee (See
Instruction C.9):					$	0.0000713
(viii)  Registration fee due [multiply Item 5(v) by Item
5(vii)]  (enter "0" if no fee is due):		=			$	0
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 October 11, 1997,
then report the amount of securities (number of shares or other units) deducted here:
	Not applicable
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:
	Not applicable
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):
			+		$	0
8. Total of the amount of the registration fee due plus any interest due [line 5(viii) plus line 7]:
		=			$	0
9. Date the registration fee and any interest payment was sent to the Commission's lockbox
depository:
Method of Delivery:
	[  ]    Wire Transfer
	[  ]     Mail or other means
	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.
By (Signature and Title)*	/s/ Karen Shaw
	Karen Shaw
	Treasurer
Date:	January 6, 2010
	*Please print the name and title of the signing officer below the signature.