Notice of Applications for Deregistration Under Section 8(f) of the Investment Company Act of 1940, 44326-44328 [E6-12634]
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44326
Federal Register / Vol. 71, No. 150 / Friday, August 4, 2006 / Notices
Meeting
• Chairman’s Report
• Director’s Report
• Open Committee Reports
Michael P. Crosby,
Executive Officer and NSB Office Director.
[FR Doc. 06–6718 Filed 8–2–06; 8:45 am]
BILLING CODE 7555–01–M
OFFICE OF THE TRADE
REPRESENTATIVE
Determinations Under the African
Growth and Opportunity Act
Office of the United States
Trade Representative.
ACTION: Notice.
gechino on PROD1PC61 with NOTICES
AGENCY:
SUMMARY: The United States Trade
Representative (USTR) has determined
that Burkina Faso has adopted an
effective visa system and related
procedures to prevent unlawful
transshipment and the use of counterfeit
documents in connection with
shipments of textile and apparel articles
and has implemented and follows, or is
making substantial progress toward
implementing and following, the
customs procedures required by the
African Growth and Opportunity Act
(AGOA). Therefore, imports of eligible
products from Burkina Faso qualify for
the textile and apparel benefits provided
under the AGOA.
DATES: Effective August 4, 2006.
FOR FURTHER INFORMATION CONTACT:
Laurie-Ann Agama, Director for African
Affairs, Office of the United States
Trade Representative, (202) 395–9514.
SUPPLEMENTARY INFORMATION: The
AGOA (Title I of the Trade and
Development Act of 2000, Pub. L. 106–
200) provides preferential tariff
treatment for imports of certain textile
and apparel products of beneficiary subSaharan African countries. The textile
and apparel trade benefits under the
AGOA are available to imports of
eligible products from countries that the
President designates as beneficiary subSaharan African countries, provided
that these countries: (1) Have adopted
an effective visa system and related
procedures to prevent unlawful
transshipment and the use of counterfeit
documents; and (2) have implemented
and follow, or are making substantial
progress toward implementing and
following, certain customs procedures
that assist U.S. Customs and Border
Protection in verifying the origin of the
products.
In Proclamation 7853, the President
designated Burkina Faso a ‘‘beneficiary
sub-Saharan African country.’’
VerDate Aug<31>2005
22:39 Aug 03, 2006
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Proclamation 7350 (October 2, 2000)
delegated to the USTR the authority to
determine whether designated countries
have met the two requirements
described above. The President directed
the USTR to announce any such
determinations in the Federal Register
and to implement them through
modifications of the Harmonized Tariff
Schedule of the United States (HTS).
Based on actions that the Government of
Burkina Faso has taken, I have
determined that Burkina Faso has
satisfied these two requirements.
Accordingly, pursuant to the
authority vested in the USTR by
Proclamation 7350, U.S. note 7(a) to
subchapter II of chapter 98 of the HTS
and U.S. note 1 to subchapter XIX of
chapter 98 of the HTS are each modified
by inserting ‘‘Burkina Faso’’ in
alphabetical sequence in the list of
countries. The foregoing modifications
to the HTS are effective with respect to
articles entered, or withdrawn from
warehouse for consumption, on or after
the date of publication of this notice.
Importers claiming preferential tariff
treatment under the AGOA for entries of
textile and apparel articles should
ensure that those entries meet the
applicable visa requirements. See Visa
Requirements Under the African Growth
and Opportunity Act, 66 FR 7837
(2001).
Susan C. Schwab,
United States Trade Representative.
[FR Doc. E6–12642 Filed 8–3–06; 8:45 am]
BILLING CODE 3190–W6–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. IC–27442]
Notice of Applications for
Deregistration Under Section 8(f) of the
Investment Company Act of 1940
July 28, 2006.
The following is a notice of
applications for deregistration under
section 8(f) of the Investment Company
Act of 1940 for the month of July, 2006.
A copy of each application may be
obtained for a fee at the SEC’s Public
Reference Branch (tel. 202–551–5850).
An order granting each application will
be issued unless the SEC orders a
hearing. Interested persons may request
a hearing on any application by writing
to the SEC’s Secretary at the address
below and serving the relevant
applicant with a copy of the request,
personally or by mail. Hearing requests
should be received by the SEC by 5:30
p.m. on August 22, 2006, and should be
accompanied by proof of service on the
PO 00000
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applicant, in the form of an affidavit or,
for lawyers, a certificate of service.
Hearing requests should state the nature
of the writer’s interest, the reason for the
request, and the issues contested.
Persons who wish to be notified of a
hearing may request notification by
writing to the Secretary, U.S. Securities
and Exchange Commission, 100 F
Street, NE., Washington, DC 20549–
1090.
For Further Information Contact:
Diane L. Titus at (202) 551–6810, SEC,
Division of Investment Management,
Office of Investment Company
Regulation, 100 F Street, NE.,
Washington, DC 20549–4041.
The Thurlow Funds, Inc. [File No. 811–
8219]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On March 17,
2006, applicant made a liquidating
distribution to its shareholders, based
on net asset value. Expenses of
approximately $16,500 incurred in
connection with the liquidation were
paid by Thurlow Capital Management,
Inc., applicant’s investment adviser.
Filing Date: The application was filed
on June 30, 2006.
Applicant’s Address: 3212 Jefferson
St. #416, Napa, CA 94558.
Retirement Income Trust [File No. 811–
21320]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On April 27,
2006, applicant made a liquidating
distribution to its shareholders, based
on net asset value. Applicant incurred
no expenses in connection with the
liquidation.
Filing Date: The application was filed
on July 19, 2006.
Applicant’s Address: 5553 Woodmont
St., Pittsburgh, PA 15217.
WM Prime Income Fund [File No. 811–
9122]
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. On August 17,
1998, applicant made a liquidating
distribution to its shareholders, based
on net asset value. Expenses of
approximately $4,000 incurred in
connection with the liquidation were
paid by WM Advisors, Inc., applicant’s
investment adviser.
Filing Date: The application was filed
on June 6, 2006.
Applicant’s Address: John T. West,
c/o WM Advisors, Inc., 1201 Third Ave.,
Suite 2200, Seattle, WA 98101.
E:\FR\FM\04AUN1.SGM
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Federal Register / Vol. 71, No. 150 / Friday, August 4, 2006 / Notices
Smith Barney Principal Return Fund
[File No. 811–5678]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On August 31,
2005, applicant made a liquidating
distribution to its shareholders, based
on net asset value. Expenses of $27,000
incurred in connection with the
liquidation will be paid by applicant
using $13,372 in cash held by its
custodian, State Street Bank and Trust
Company, and remaining amounts will
be paid by Smith Barney Fund
Management LLC, applicant’s
investment adviser.
Filing Date: The application was filed
on June 27, 2006.
Applicant’s Address: 125 Broad St.,
10th Floor, New York, NY 10004.
Fidelity Qualified Dividend Fund [File
No. 811–3071]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On September 30,
1991, applicant transferred its assets to
Fidelity Utilities Income Fund, a series
of Fidelity Devonshire Trust, based on
net asset value. Expenses incurred in
connection with the reorganization were
paid by applicant.
Filing Dates: The application was
filed on March 9, 2006, and amended on
July 17, 2006.
Applicant’s Address: 82 Devonshire
St., Boston, MA 02109.
gechino on PROD1PC61 with NOTICES
The Nevis Fund, Inc. [File No. 811–
8689]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On December 30,
2005, applicant transferred its assets to
Brown Advisory Opportunity Fund, a
series of Forum Funds, based on net
asset value. Expenses of $164,891
incurred in connection with the
reorganization were paid by Nevis
Capital Management LLC and Brown
Investment Advisory Incorporated,
applicant’s investment advisers.
Filing Date: The application was filed
on June 13, 2006.
Applicant’s Address: 2 Hamill Rd.,
Suite 272, Baltimore, MD 21210.
Highland Institutional Floating Rate
Income Fund [File No. 811–8955]
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. On May 5, 2006,
applicant made a final liquidating
distribution to its shareholders, based
on net asset value. Applicant paid
expenses of approximately $14,800
incurred in connection with the
liquidation.
VerDate Aug<31>2005
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44327
CIM High Yield Securities [File No.
811–5328]
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. On April 28,
2006, applicant made a final liquidating
distribution to its shareholders, based
on net asset value. Applicant incurred
$75,214 in expenses in connection with
the liquidation.
Filing Date: The application was filed
on June 16, 2006.
Applicant’s Address: c/o Invesco
Institutional (N.A.), Inc., 400 W Market
St., Suite 3300, Louisville, KY 40202.
investment company. On June 10, 2005,
applicant transferred its assets to
corresponding series of DWS Money
Funds (formerly, Scudder Money
Funds), based on net asset value.
Expenses of $217,524 incurred in
connection with the reorganization were
paid by Deutsche Investment
Management Americas, Inc., applicant’s
investment adviser.
Filing Date: The application was filed
on June 29, 2006.
Applicant’s Address: 222 South
Riverside Plaza, Chicago, IL 60606.
Scudder Focus Value Plus Growth
Fund [File No. 811–7331]
Filing Date: The application was filed
on June 15, 2006.
Applicant’s Address: c/o Highland
Capital Management, L.P., Two Galleria
Tower, 13455 Noel Rd., Suite 800,
Dallas, TX 75240.
Morgan Stanley KLD Social Index Fund
[File No. 811–10353]; Morgan Stanley
Biotechnology Fund [File No. 811–
21040]
Summary: Each applicant seeks an
order declaring that it has ceased to be
an investment company. On April 7,
2006, each applicant made a liquidating
distribution to its shareholders, based
on net asset value. Expenses of
approximately $10,000 incurred in
connection with each liquidation were
paid by Morgan Stanley Investment
Advisors Inc., investment adviser to
each applicant.
Filing Date: The applications were
filed on July 18, 2006.
Applicants’ Address: Morgan Stanley
Investment Advisors Inc., 1221 Avenue
of the Americas, New York, NY 10020.
ACM Government Securities Fund, Inc.
[File No. 811–5402]; ACM Government
Spectrum Fund, Inc. [File No. 811–
5500]
Summary: Each applicant, a closedend investment company, seeks an
order declaring that it has ceased to be
an investment company. On December
19, 2000, each applicant transferred its
assets to ACM Income Fund, Inc.
(formerly, ACM Government Income
Fund, Inc.), based on net asset value.
Each applicant paid $17,500 of the
expenses incurred in connection with
the reorganizations.
Filing Date: The applications were
filed on June 30, 2006.
Applicants’ Address: 1345 Avenue of
the Americas, New York, NY 10105.
Scudder Yieldwise Funds [File No. 811–
8047]
Summary: Applicant seeks an order
declaring that it has ceased to be an
PO 00000
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Fmt 4703
Sfmt 4703
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On April 26,
2005, applicant transferred its assets to
DWS Growth & Income Fund, a series of
DWS Investment Trust, based on net
asset value. Expenses of $238,121
incurred in connection with the
reorganization were paid by Deutsche
Investment Management Americas, Inc.,
applicant’s investment adviser.
Filing Date: The application was filed
on June 29, 2006.
Applicant’s Address: 222 South
Riverside Plaza, Chicago, IL 60606.
Scudder Growth Trust [File No. 811–
1365]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On March 14,
2005, applicant transferred its assets to
DWS Capital Growth Fund, a series of
DWS Investment Trust, based on net
asset value. Expenses of $399,868
incurred in connection with the
reorganization were paid by Deutsche
Investment Management Americas, Inc.,
applicant’s investment adviser.
Filing Dates: The application was
filed on July 6, 2006.
Applicant’s Address: 222 South
Riverside Plaza, Chicago, IL 60606.
Scudder Dynamic Growth Fund [File
No. 811–1702]; Scudder Aggressive
Growth Fund [File No. 811–7855]
Summary: Each applicant seeks an
order declaring that it has ceased to be
an investment company. On December
20, 2004 and September 17, 2005,
respectively, each applicant transferred
its assets to corresponding series of
DWS Advisor Funds (formerly, Scudder
Advisor Funds), based on net asset
value. Expenses of approximately
$417,209 and $195,103, respectively,
incurred in connection with the
reorganizations were paid by Deutsche
Investment Management Americas, Inc.,
applicants’ investment adviser.
E:\FR\FM\04AUN1.SGM
04AUN1
44328
Federal Register / Vol. 71, No. 150 / Friday, August 4, 2006 / Notices
Filing Date: The applications were
filed on July 6, 2006.
Applicants’ Address: 222 South
Riverside Plaza, Chicago, IL 60606.
Scudder Investors Trust [File No. 811–
9057]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On April 15,
2005, applicant made a liquidating
distribution to its shareholders, based
on net asset value. Expenses of $115,176
incurred in connection with the
liquidation were paid by Deutsche
Investment Management Americas, Inc.,
applicant’s investment adviser.
Filing Date: The application was filed
on June 29, 2006.
Applicant’s Address: 222 South
Riverside Plaza, Chicago, IL 60606.
Scudder New Europe Fund, Inc. [File
No. 811–5969]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On March 14,
2005, applicant transferred its assets to
DWS Europe Equity Fund, a series of
DWS International Fund, Inc. (formerly,
Scudder International Fund, Inc.), based
on net asset value. Expenses of
approximately $283,745 incurred in
connection with the reorganization were
paid by Deutsche Investment
Management Americas, Inc., applicant’s
investment adviser.
Filing Date: The application was filed
on July 6, 2006.
Applicant’s Address: 345 Park Ave.,
New York, NY 10154.
For the Commission, by the Division of
Investment Management, pursuant to
delegated authority.
J. Lynn Taylor,
Assistant Secretary.
[FR Doc. E6–12634 Filed 8–3–06; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
gechino on PROD1PC61 with NOTICES
[Release No. 34–54239; File No. 4–524]
Joint Industry Plan; Notice of Filing of
the NMS Linkage Plan by the American
Stock Exchange LLC, Boston Stock
Exchange, Inc., Chicago Board
Options Exchange, Incorporated,
Chicago Stock Exchange, Inc., The
NASDAQ Stock Market LLC, National
Stock Exchange, New York Stock
Exchange LLC, and NYSE Arca, Inc.
II. NMS Linkage Plan
In the following paragraphs, the
Linkage Plan Participants respond to the
requirements of Rule 608 under the Act.
1. Purpose of Linkage Plan
The purpose of the proposed Linkage
Plan is to enable the Plan Participants
to act jointly in planning, developing,
operating and regulating the NMS
Linkage System (‘‘Linkage’’ or
‘‘System’’) that will electronically link
the Participant Markets to one another,
as described in the Linkage Plan, so as
to further the objectives of Congress as
set forth in Section 11A of the Act and
to facilitate compliance by the
Participants and their respective
members with Rules 610 and 611 under
Regulation NMS.
2. Governing or Constitutional
Documents
The governing document is the
Linkage Plan.
3. Implementation of Plan
The proposed Linkage Plan will
become effective on October 1, 2006.4
1 17
CFR 242.608.
submission supersedes earlier submissions
dated April 10, 2006 and June 12, 2006.
3 17 CFR 240.608(b)(1).
4 As the ITS Plan is still in effect, SROs may need
exemptions from certain provisions of the ITS Plan,
in conjunction with the implementation of the
2 This
July 28, 2006.
I. Introduction
On July 17, 2006, pursuant to Rule
608 of the Securities Exchange Act of
VerDate Aug<31>2005
1934 (‘‘Act’’),1 the American Stock
Exchange LLC, (‘‘Amex’’), the Boston
Stock Exchange, Inc., the Chicago Board
Options Exchange, Incorporated., the
Chicago Stock Exchange, Inc., The
NASDAQ Stock Market LLC, the
National Stock Exchange, the New York
Stock Exchange LLC, (‘‘NYSE’’), and
NYSE Arca, Inc. (‘‘Participants’’) filed
with the Securities and Exchange
Commission (‘‘Commission’’ or ‘‘SEC’’)
an executed copy of the NMS Linkage
Plan (‘‘Linkage Plan’’ or ‘‘Plan’’), a
national market system plan to create
and operate an intermarket
communications linkage pursuant to
Section 11A(a)(3)(B) of the Act.2 The
Linkage Plan, as stated in section 13 of
the Plan, is to become operative on
October 1, 2006. The Linkage Plan was
executed by the eight self-regulatory
organizations listed above. According to
the Plan Participants, the Philadelphia
Stock Exchange, Inc. (‘‘Phlx’’) is in
general agreement with the policy and
rules associated with the proposed
Linkage Plan and may become a
Participant before the Plan’s operative
date of October 1, 2006. Pursuant to
Rule 608(b)(1),3 the Commission is
publishing this notice of, and soliciting
comments on, the Linkage Plan.
22:39 Aug 03, 2006
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4. Development and Implementation
Phases
As provided in section 13 of the
proposed Plan, the Plan will become
effective on October 1, 2006.
As provided in section 11 of the
proposed Plan, the Plan will terminate
on June 30, 2007. Participants that wish
to extend the term may agree to do so,
subject to Commission approval. During
the term of the Plan, a Participant may
withdraw on 30 days’ notice if it
continues to maintain connectivity to all
other Participants and accepts orders
through the Linkage until June 30, 2007.
A withdrawing Participant’s right to
send orders through the Linkage would
terminate on the date the withdrawal is
effective.
5. Analysis of Impact on Competition
According to the Participants, the
Plan imposes no burden on competition.
Rather, it enhances intermarket
competition by providing a means, in
addition to any private linkages
established among Participants, by
which orders entered in any Participant
Market may access interest displayed in
other Participant Markets electronically
and in compliance with Rule 611. The
Linkage Plan imposes no fees or charges
in connection with order executions.
Further, the Plan provides that any fee
imposed by a Participant on its
members in connection with use of or
access to the System must not
discourage use of the System.
6. Written Understandings or
Agreements Relating to Interpretation
of, or Participation in, Plan
According to the Participants, other
than the Plan itself, there are no written
understandings or agreements between
or among Plan Participants relating to
interpretations of the Plan or conditions
for becoming a participant in the Plan.
7. Approval of Amendment by Sponsors
in Accordance With Plan
Not applicable.
8. Description of Operation of Facility
Contemplated by the Proposed Plan
The System includes the data
processing hardware, software and
communications network that
electronically links the Participant
Markets to one another. The System
accommodates only regular way trading.
All System trades must be compared,
cleared and settled through SECregistered clearing corporations. The
System is designed to accommodate
Linkage Plan. SROs should request, and the
Commission will consider, appropriate exemptions
from the provisions of the ITS Plan.
E:\FR\FM\04AUN1.SGM
04AUN1
]]>Agencies
[Federal Register Volume 71, Number 150 (Friday, August 4, 2006)]
[Notices]
[Pages 44326-44328]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-12634]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. IC-27442]
Notice of Applications for Deregistration Under Section 8(f) of
the Investment Company Act of 1940
July 28, 2006.
The following is a notice of applications for deregistration under
section 8(f) of the Investment Company Act of 1940 for the month of
July, 2006. A copy of each application may be obtained for a fee at the
SEC's Public Reference Branch (tel. 202-551-5850). An order granting
each application will be issued unless the SEC orders a hearing.
Interested persons may request a hearing on any application by writing
to the SEC's Secretary at the address below and serving the relevant
applicant with a copy of the request, personally or by mail. Hearing
requests should be received by the SEC by 5:30 p.m. on August 22, 2006,
and should be accompanied by proof of service on the applicant, in the
form of an affidavit or, for lawyers, a certificate of service. Hearing
requests should state the nature of the writer's interest, the reason
for the request, and the issues contested. Persons who wish to be
notified of a hearing may request notification by writing to the
Secretary, U.S. Securities and Exchange Commission, 100 F Street, NE.,
Washington, DC 20549-1090.
For Further Information Contact: Diane L. Titus at (202) 551-6810,
SEC, Division of Investment Management, Office of Investment Company
Regulation, 100 F Street, NE., Washington, DC 20549-4041.
The Thurlow Funds, Inc. [File No. 811-8219]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On March 17, 2006, applicant made a
liquidating distribution to its shareholders, based on net asset value.
Expenses of approximately $16,500 incurred in connection with the
liquidation were paid by Thurlow Capital Management, Inc., applicant's
investment adviser.
Filing Date: The application was filed on June 30, 2006.
Applicant's Address: 3212 Jefferson St. 416, Napa, CA
94558.
Retirement Income Trust [File No. 811-21320]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On April 27, 2006, applicant made a
liquidating distribution to its shareholders, based on net asset value.
Applicant incurred no expenses in connection with the liquidation.
Filing Date: The application was filed on July 19, 2006.
Applicant's Address: 5553 Woodmont St., Pittsburgh, PA 15217.
WM Prime Income Fund [File No. 811-9122]
Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. On August 17,
1998, applicant made a liquidating distribution to its shareholders,
based on net asset value. Expenses of approximately $4,000 incurred in
connection with the liquidation were paid by WM Advisors, Inc.,
applicant's investment adviser.
Filing Date: The application was filed on June 6, 2006.
Applicant's Address: John T. West, c/o WM Advisors, Inc., 1201
Third Ave., Suite 2200, Seattle, WA 98101.
[[Page 44327]]
Smith Barney Principal Return Fund [File No. 811-5678]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On August 31, 2005, applicant made a
liquidating distribution to its shareholders, based on net asset value.
Expenses of $27,000 incurred in connection with the liquidation will be
paid by applicant using $13,372 in cash held by its custodian, State
Street Bank and Trust Company, and remaining amounts will be paid by
Smith Barney Fund Management LLC, applicant's investment adviser.
Filing Date: The application was filed on June 27, 2006.
Applicant's Address: 125 Broad St., 10th Floor, New York, NY 10004.
Fidelity Qualified Dividend Fund [File No. 811-3071]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On September 30, 1991, applicant transferred
its assets to Fidelity Utilities Income Fund, a series of Fidelity
Devonshire Trust, based on net asset value. Expenses incurred in
connection with the reorganization were paid by applicant.
Filing Dates: The application was filed on March 9, 2006, and
amended on July 17, 2006.
Applicant's Address: 82 Devonshire St., Boston, MA 02109.
The Nevis Fund, Inc. [File No. 811-8689]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On December 30, 2005, applicant transferred
its assets to Brown Advisory Opportunity Fund, a series of Forum Funds,
based on net asset value. Expenses of $164,891 incurred in connection
with the reorganization were paid by Nevis Capital Management LLC and
Brown Investment Advisory Incorporated, applicant's investment
advisers.
Filing Date: The application was filed on June 13, 2006.
Applicant's Address: 2 Hamill Rd., Suite 272, Baltimore, MD 21210.
Highland Institutional Floating Rate Income Fund [File No. 811-8955]
Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. On May 5,
2006, applicant made a final liquidating distribution to its
shareholders, based on net asset value. Applicant paid expenses of
approximately $14,800 incurred in connection with the liquidation.
Filing Date: The application was filed on June 15, 2006.
Applicant's Address: c/o Highland Capital Management, L.P., Two
Galleria Tower, 13455 Noel Rd., Suite 800, Dallas, TX 75240.
CIM High Yield Securities [File No. 811-5328]
Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. On April 28,
2006, applicant made a final liquidating distribution to its
shareholders, based on net asset value. Applicant incurred $75,214 in
expenses in connection with the liquidation.
Filing Date: The application was filed on June 16, 2006.
Applicant's Address: c/o Invesco Institutional (N.A.), Inc., 400 W
Market St., Suite 3300, Louisville, KY 40202.
Morgan Stanley KLD Social Index Fund [File No. 811-10353]; Morgan
Stanley Biotechnology Fund [File No. 811-21040]
Summary: Each applicant seeks an order declaring that it has ceased
to be an investment company. On April 7, 2006, each applicant made a
liquidating distribution to its shareholders, based on net asset value.
Expenses of approximately $10,000 incurred in connection with each
liquidation were paid by Morgan Stanley Investment Advisors Inc.,
investment adviser to each applicant.
Filing Date: The applications were filed on July 18, 2006.
Applicants' Address: Morgan Stanley Investment Advisors Inc., 1221
Avenue of the Americas, New York, NY 10020.
ACM Government Securities Fund, Inc. [File No. 811-5402]; ACM
Government Spectrum Fund, Inc. [File No. 811-5500]
Summary: Each applicant, a closed-end investment company, seeks an
order declaring that it has ceased to be an investment company. On
December 19, 2000, each applicant transferred its assets to ACM Income
Fund, Inc. (formerly, ACM Government Income Fund, Inc.), based on net
asset value. Each applicant paid $17,500 of the expenses incurred in
connection with the reorganizations.
Filing Date: The applications were filed on June 30, 2006.
Applicants' Address: 1345 Avenue of the Americas, New York, NY
10105.
Scudder Yieldwise Funds [File No. 811-8047]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On June 10, 2005, applicant transferred its
assets to corresponding series of DWS Money Funds (formerly, Scudder
Money Funds), based on net asset value. Expenses of $217,524 incurred
in connection with the reorganization were paid by Deutsche Investment
Management Americas, Inc., applicant's investment adviser.
Filing Date: The application was filed on June 29, 2006.
Applicant's Address: 222 South Riverside Plaza, Chicago, IL 60606.
Scudder Focus Value Plus Growth Fund [File No. 811-7331]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On April 26, 2005, applicant transferred its
assets to DWS Growth & Income Fund, a series of DWS Investment Trust,
based on net asset value. Expenses of $238,121 incurred in connection
with the reorganization were paid by Deutsche Investment Management
Americas, Inc., applicant's investment adviser.
Filing Date: The application was filed on June 29, 2006.
Applicant's Address: 222 South Riverside Plaza, Chicago, IL 60606.
Scudder Growth Trust [File No. 811-1365]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On March 14, 2005, applicant transferred its
assets to DWS Capital Growth Fund, a series of DWS Investment Trust,
based on net asset value. Expenses of $399,868 incurred in connection
with the reorganization were paid by Deutsche Investment Management
Americas, Inc., applicant's investment adviser.
Filing Dates: The application was filed on July 6, 2006.
Applicant's Address: 222 South Riverside Plaza, Chicago, IL 60606.
Scudder Dynamic Growth Fund [File No. 811-1702]; Scudder Aggressive
Growth Fund [File No. 811-7855]
Summary: Each applicant seeks an order declaring that it has ceased
to be an investment company. On December 20, 2004 and September 17,
2005, respectively, each applicant transferred its assets to
corresponding series of DWS Advisor Funds (formerly, Scudder Advisor
Funds), based on net asset value. Expenses of approximately $417,209
and $195,103, respectively, incurred in connection with the
reorganizations were paid by Deutsche Investment Management Americas,
Inc., applicants' investment adviser.
[[Page 44328]]
Filing Date: The applications were filed on July 6, 2006.
Applicants' Address: 222 South Riverside Plaza, Chicago, IL 60606.
Scudder Investors Trust [File No. 811-9057]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On April 15, 2005, applicant made a
liquidating distribution to its shareholders, based on net asset value.
Expenses of $115,176 incurred in connection with the liquidation were
paid by Deutsche Investment Management Americas, Inc., applicant's
investment adviser.
Filing Date: The application was filed on June 29, 2006.
Applicant's Address: 222 South Riverside Plaza, Chicago, IL 60606.
Scudder New Europe Fund, Inc. [File No. 811-5969]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On March 14, 2005, applicant transferred its
assets to DWS Europe Equity Fund, a series of DWS International Fund,
Inc. (formerly, Scudder International Fund, Inc.), based on net asset
value. Expenses of approximately $283,745 incurred in connection with
the reorganization were paid by Deutsche Investment Management
Americas, Inc., applicant's investment adviser.
Filing Date: The application was filed on July 6, 2006.
Applicant's Address: 345 Park Ave., New York, NY 10154.
For the Commission, by the Division of Investment Management,
pursuant to delegated authority.
J. Lynn Taylor,
Assistant Secretary.
[FR Doc. E6-12634 Filed 8-3-06; 8:45 am]
BILLING CODE 8010-01-P
