**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

 

**Form N-8F**

 

**Application for Deregistration of Certain Registered Investment Companies.**

 

| **I.** | **General Identifying Information** |
|--------|-------------------------------------|

 

| 1. | Reason fund is applying to deregister (check *only one;*for descriptions, *see*Instruction 1 above): |
|----|------------------------------------------------------------------------------------------------------|

 

|   | o | **Merger** |
|--------|---|------------|

 

|   | [x ] | **Liquidation** |
|--------|------|-----------------|

 

|   | o | **Abandonment of Registration** |
|--------|---|---------------------------------|

 (Note: Abandonments of Registration answer *only*questions 1 through 15, 24 and 25 of this form and complete verification at the end of the form.)

 

|   | o | Election of status as a **Business Development Company** |
|--------|---|----------------------------------------------------------|

 (Note: Business Development Companies answer only questions 1 through 10 of this form and complete verification at the end of the form.)

 

| 2. | Name of fund:  Cash Equivalent Fund |
|----|-------------------------------------|

 

| 3. | Securities and Exchange Commission File No.: 811- 2899 |
|----|--------------------------------------------------------|

 

| 4. | Is this an initial Form N-8F or an amendment to a previously filed Form N-8F? |
|----|-------------------------------------------------------------------------------|

 

|   | [x ] | Initial Application | o | Amendment |
|--------|------|---------------------|---|-----------|

 

| 5. | Address of Principal Executive Office (include No. & Street, City, State, Zip Code): |
|----|------------------------------------------------------------------------------------------|

345 Park Ave. New York, NY  10154

 

| 6. | Name, address, and telephone number of individual the Commission staff should contact with any questions regarding this form: |
|----|-------------------------------------------------------------------------------------------------------------------------------|

Caroline Pearson, One Beacon St, Boston, MA  02108  617-295-2565

 

| 7. | Name, address and telephone number of individual or entity responsible for maintenance and preservation of fund records in accordance with rules 31a-1 and 31a-2 under the Act [17 CFR 270.31a-1, .31a-2]: |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

Deutsche Investment Management Americas Inc., 345 Park Avenue, NY, NY  10154  212-250-2500

 

|   | NOTE: | *Once deregistered, a fund is still required to maintain and preserve the records described in rules* *31a-1 and 31a-2 for the periods specified in those rules.* |
|--------|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

 

| 8. | Classification of fund (check only one): |
|----|------------------------------------------|

 

|   | [x ] | Management company; |
|--------|------|---------------------|

 

|   | o | Unit investment trust; or |
|--------|---|---------------------------|

 

|   | o | Face-amount certificate company. |
|--------|---|----------------------------------|

 

 

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