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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility

Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940

 

 

 

(Print or Type Responses)

1. Name and Address of Reporting Person*

Janke Kenneth Stuart

2. Issuer Name and Ticker or Trading Symbol

NAIC Growth Fund, Inc. (GRF)

6. Relationship of Reporting Person(s) to Issuer

(Check all applicable)

X Director _______ 10% Owner

X Officer (give ___X___ Other (specify

title below) below)

President

(Last) (First) (Middle)

 

4305 W. Maple Road

3. I.R.S Identification

Number of Reporting

Person, if an entity

(Voluntary)

362-34-3271

4. Statement for

Month/Day/Year

04/02/2003

(Street)

Bloomfield Hills, MI 48301

5. If Amendment,

Date of Original

(Month/Year)
  1. Individual or Joint/Group Filing (Check Applicable Line)

X Form filed by One Reporting Person

___ Form filed by More than One Person

(City) (State) (Zip)

 

Table I - Non-Derivative Securities Acquired, Disposed of or Beneficially Owned

1. Title of Security

(Instr. 3)

 

 

 

2. Trans-

action

Date

 

(Month/

Day/Year)

3. Transaction Code

(Instr. 8)

 

 

4. Securities Acquired (A)

or Disposed of (D)

(Instr. 3, 4, and 5)

5. Amount of

Securities

Beneficially

Owned at

End of Month

(Instr. 3 and 4)

6. Owner-

ship

Form:

Direct

(D) or

Indirect

(I)

(Instr. 4)

7. Nature of

Indirect

Beneficial

Owner-

ship

 

(Instr. 4)

Code

V

Amount

(A) or (D)

Price

Common Stock

04/02/2003

P

  

56.388

A

8.8671

  

I

By self -Trustee
             

10875.612

I

By self-Trustee
             

1460.000

I

Spouse
             

7455.000

I

Club
             

335.879

I

Associates
                   
                   
                   
                   

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

Potential persons who are to respond to the collection of (Over)

information contained in this form are not required to respond SEC 1474 (3-99)

unless the form displays a currently valid OMB-control number.

FORM 4 (continued)

Table II - Derivative Securities Acquired, Disposed of or Beneficially Owned

(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security

(Instr. 3)

 

2. Conver-

sion or

Exercise

Price of

Deri-

vative

Security

 

3. Trans-

action

Date

(Month/

Day/

Year)

4. Trans-

action

Code

(Instr. 8)

5. Number of Deriv-

active Securities

Acquired (A) or

Disposed of (D)

(Instr. 3, 4, and 5)

6. Date Exer-

cisable and

Expiration

Date

(Month/Day/

Year)

7. Title and

Amount

of Underlying

Securities

(Instr. 3 and 4)

8. Price

of

Deriv

ative

Secur-

ity

(Instr. 5)

9. Number

of deriv-

ative

Secur

ities

Benef

ically

Owned

at End

of

Month (Instr. 4)

10. Owner-

ship

Form of

Deriv

ative

Security:

Direct

(D) or

Indirect

(I)

(Instr. 4)

11. Nature

of

Indirect

Benefi

cal

Owner-

ship

(Instr. 4)

 

Code

 

 

 

V

 

 

(A)

 

(D)

Date

Exer-cisable

 

 

Expir-

ation

Date

 

Title

Amount

or Number of Shares
                             
                             
                             
                             
                             
                             
                             
                             
                             
                             

Explanation of Responses:

* Purchase or sale of shares through voluntary cash purchase portion of dividend reinvestment plan and cash purchase plan.

 

 

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/Kenneth S. Janke April 3, 2003

See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a) ** Signature of Reporting Person Date

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient,

see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not

required to respond unless the form displays a currently valid OMB Number.