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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 V6XgAtpid3NfDK7IaQ7gKnSAPZuudZR0ERjEbpPtvFEY0RoBUURhyDy0tfRVB/hi
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<SEC-DOCUMENT>9999999997-02-048166.txt : 20020828
<SEC-HEADER>9999999997-02-048166.hdr.sgml : 20020828
<ACCEPTANCE-DATETIME>20020828111114
<PAPER>
ACCESSION NUMBER:		9999999997-02-048166
CONFORMED SUBMISSION TYPE:	40-17G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20020826

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WM STRATEGIC ASSET MANAGEMENT PORTFOLIOS
		CENTRAL INDEX KEY:			0001011114
		IRS NUMBER:				954584965
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		40-17G
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-07577
		FILM NUMBER:		02052629

	BUSINESS ADDRESS:	
		STREET 1:		WM GROUP OF FUNDS
		STREET 2:		1201 THIRD AVENUE, 22ND FLOOR
		CITY:			SEATTLE
		STATE:			WA
		ZIP:			98101
		BUSINESS PHONE:		206-461-2413

	MAIL ADDRESS:	
		STREET 1:		WM GROUP OF FUNDS
		STREET 2:		1201 THIRD AVENUE, 22ND FLOOR
		CITY:			SEATTLE
		STATE:			WA
		ZIP:			98101

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SIERRA ASSET MANAGEMENT TRUST
		DATE OF NAME CHANGE:	19960322

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SIERRA ASSET MANAGEMENT PORTFOLIOS
		DATE OF NAME CHANGE:	19960726
</SEC-HEADER>
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<TYPE>40-17G
<SEQUENCE>1
<FILENAME>9999999997-02-048166.paper
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This document was generated as part of a paper submission.
Please reference the Document Control Number 02052629 for access to the original document.
</TEXT>
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