A U(N)-invariant matrix model with d matrix variables is studied. It was sh
own that in the limit N --> infinity and d --> 0 the model describes the kn
ot diagrams. We realize the free partition function of the matrix model as
the generalized expectation of a Hida distribution Phi(N,d). This enables u
s to give a mathematically rigorous meaning to the partition function with
interaction. For the generalized function Phi(N,d), we prove a Wick theorem
and we derive explicit formulas for the propagators.