UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (date of earliest event reported): February 10, 2014

PRINCIPLED EQUITY MARKET FUND

(Exact name of registrant as specified in its charter)

Massachusetts	811-08482	04-3306667
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

20 William Street

Wellesley, Massachusetts 02481

(Address of principal executive offices and zip code)

(239) 304-1679

(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 3.01.

NOTICE OF DELISTING OR FAILURE TO SATISFY A CONTINUED LISTING RULE OR STANDARD; TRANSFER OF LISTING

On February 10, 2014, the Principled Equity Market Fund (the “Fund”) received written notice from the Chicago Stock Exchange (“CHX” or “Exchange”) informing the Fund that the Exchange was proposing to delist the Fund's shares because the Fund has become so closely held and so thinly traded that it is no longer feasible to maintain a reasonable market in the shares of the Fund pursuant to CHX Article 22, Rule 22(b) and its Tier II maintenance standards. Under the CHX rules, within 15 days of its receipt of this notice, the Fund may request a hearing to review and contest the proposed delisting. Management of the Fund is considering the costs and benefits of such a hearing. In the event that the Fund elects not to request a hearing, the Fund anticipates that its shares would be delisted from the Exchange on or about March 8, 2014.

The Fund will promptly notify shareholders of its decision regarding a request for a hearing and any further developments regarding the Fund’s listing on the Exchange.

SIGNATURES

Pursuant to the requirement of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	Principled Equity Market Fund

	By:	/S/ David W.C. Putnam
		President and Secretary

Dated: February 12, 2014

PRINCIPLED EQUITY MARKET FUND 8-K