[Federal Register Volume 63, Number 214 (Thursday, November 5, 1998)]
[Notices]
[Pages 59814-59816]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-29619]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. IC-23512]
Notice of Applications for Deregistration Under Section 8(f) of
the Investment Company Act of 1940
October 30, 1998.
The following is a notice of applications for deregistration under
section 8(f) of the Investment Company Act of 1940 for the month of
October, 1998. A copy of each application may be obtained for a fee at
the SEC's Public Reference Branch, 450 Fifth St., N.W., Washington, DC
20549 (tel. 202-942-
[[Page 59815]]
8090). 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 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 November 23, 1998, 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, SEC, 450 Fifth Street, N.W.,
Washington, DC 20549. For Further Information Contact: Diane L. Titus,
at (202) 942-0564, SEC, Division of Investment Management, Office of
Investment Company Regulation, Mail Stop 5-6, 450 Fifth Street, N.W.,
Washington, DC 20549.
New England Funds Trust IV [File No. 811-8473]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. Applicant has never made a public offering of
its securities and does not propose to make a public offering or engage
in business of any kind.
Filing Date: The application was filed on September 28, 1998.
Applicant's Address: 399 Boylston Street, Boston, Massachusetts
02116.
Heitman Securities Trust [File No. 811-5659]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On June 30, 1998, applicant transferred all
of its assets and liabilities to Heitman Real Estate Portfolio, a newly
created series of the UAM Funds Trust (the ``Acquiring Fund''), in
exchange for Institutional Class and Advisor Class shares of the
Acquiring Fund, based on the relative net asset value per share.
Heitman/PRA Securities Advisors, Inc., applicant's investment adviser,
paid approximately $142,500 in expenses incurred in connection with the
reorganization.
File Date: The application was filed on October 13, 1998.
Applicant's Address: 180 North LaSalle Street, Suite 3600, Chicago,
Illinois 60601.
Alamo Growth Fund, Inc. [File No. 811-9162]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. By July 23, 1998, applicant had distributed
all of its assets to its security holders at the net asset value per
share. Expenses incurred in connection with the liquidation are not
expected to exceed $1,000 and will be paid by applicant's investment
adviser, Alamo Advisers, Inc.
Filing Dates: The application was filed on May 20, 1998, and
amended on September 15, 1998, and October 1, 1998
Applicant's Address: 1777 N.E. Loop 410, Suite 1512, San Antonio,
Texas 78217.
Capitol Square Funds [File No. 811-7699]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. As of September 30, 1997, applicant's four
series, Capitol Square Bond Fund, Capitol Square Large Cap Fund,
Capitol Square Small Cap Fund, and Capitol Square Balanced Fund, each
liquidated their portfolio securities and other assets, and distributed
the proceeds pro rata to their shareholders based on the net asset
value per share. Expenses associated with the liquidation totaled
approximately $450.00, and were paid by applicant's investment adviser,
Dillon Capitol Management.
File Dates: The application was filed on July 28, 1998, and amended
on October 2, 1998.
Applicant's Address: 21 East State Street, Suite 1410, Columbus,
Ohio 43215.
Scudder Institutional Fund, Inc. [File No. 881-4555]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On April 3, 1998, applicant transferred its
assets and liabilities to Scudder International Fund (the
``International Fund''), a series of Scudder International Fund, Inc.,
based on the relative net asset values per share. Scudder Kemper
Investments, Inc., investment adviser to both applicant and the
International Fund, paid approximately $75,497 in expenses incurred in
connection with the reorganization. In addition, applicant has incurred
approximately $3,464 in liquidation expenses, and applicant's total
liquidation expenses are not expected to exceed $4,500.
Filing Date: The application was filed on September 11, 1998.
Applicant's Address: 345 Park Avenue, New York, New York 10154.
Peachtree Funds [File No. 811-7107]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On September 30, 1998, four portfolios of
Peachtree Funds transferred all of their assets and liabilities to
corresponding portfolios of Nations Funds Trusts. The remaining
portfolio of Peachtree Funds, Peachtree Prime Money Market Fund,
transferred all of its assets and liabilities to a corresponding
portfolio of Nations Prime Fund, Inc. The reorganization incurred
approximately $695,000 in expenses that were paid for by the acquiring
funds' investment adviser, NationsBank, and their sponsor, distributor,
and administrator.
Filing Dates: The application was filed on May 13, 1997, and
amended on July 15, 1998.
Applicant's Address: Federated Investors Tower, Pittsburgh,
Pennsylvania 15222-3779.
The Columbus Fund, Inc. [File No. 811-8418]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. Applicant has never made a public offering of
its securities and does not propose to make a public offering or engage
in business of any kind.
Filing Date: The application was filed on October 14, 1998.
Applicant's Address: c/o Dechert Price & Rhoads, 1775 Eye Street,
N.W., Washington, D.C. 20006-2401.
Dodge & Cox Stock Fund [File No. 811-1294]; Dodge & Cox Income Fund
[File No. 811-5580]
Summary: Each applicant seeks an order declaring that it has ceased
to be an investment company. On April 30, 1998, each applicant
transferred all of its assets and liabilities to a corresponding series
of the Dodge & Cox Funds based on the net asset value per share.
Applicants paid $158,581, and $38,008, respectively, in expenses
related to the reorganizations.
Filing Dates: Each application was filed on August 12, 1998, and
amended on October 22, 1998.
Applicants' Address: One Sansome Street, San Francisco, California
94104.
Oppenheimer Strategic Investment Grade Bond Fund [File No. 811-
6458]; Oppenheimer Strategic Short-Term Income Fund [File No. 811-
6533]
Summary: Each applicant seeks an order declaring that it has ceased
to be an investment company. On September 21, 1995, Oppenheimer
Strategic Investment Grade Bond Fund transferred all of its assets to
Oppenheimer Bond Fund (``Bond Fund'') at net asset value. Applicant and
Bond Fund paid $26,882 and $20,057,
[[Page 59816]]
respectively, in expenses related to the reorganization. On September
21, 1995, Oppenheimer Strategic Short-Term Income Fund transferred all
of its assets to Oppenheimer Limited-Term Government Fund (``Limited-
Term Government Fund'') at net asset value. Applicant and Limited-Term
Government Fund paid $26,432 and $20,057, respectively, in expenses
related to the reorganization.
Filing Dates: Each application was filed on September 28, 1998, and
the application for Oppenheimer Strategic Short-Term Income Fund was
amended on October 27, 1998.
Applicants' Address: 6803 S. Tucson Way, Englewood, Colorado 80112.
Composite Equity Series, Inc. [File No. 811-565]; Composite Income
Fund, Inc. [File No. 811-2604]; Composite Tax-Exempt Bond Fund,
Inc. [File No. 811-2681]; Composite Cash Management Company [File
No. 811-2941]; Composite U.S. Government Securities, Inc. [File No.
811-3426]; Composite Northwest Fund, Inc. [File No. 811-4740]
Summary: Each applicant seeks an order declaring that it has ceased
to be an investment company. On March 20, 1998, each applicant
transferred all of its assets and liabilities to corresponding series
of WM Trust I (formerly known as The Composite Funds) based on the
relative net asset values per share. The aggregate amount of expenses
incurred in connection with the reorganization was approximately
$625,000 and was paid by WM Advisors, Inc., applicants' investment
adviser, and/or its affiliates but not the applicants.
Filing Dates: Each application was filed on October 13, 1998. Each
applicant has agreed to file an amendment during the notice period.
Applicants' Address: 601 West Main Avenue, Suite 300, Spokane,
Washington 99201-0613.
Minerva Fund, Inc. [File No. 811-7828]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On December 26, 1997, applicant made a
liquidating distribution to its shareholders at the net asset value per
share. Expenses incurred in connection with the liquidation totaled
approximately $30,000, and were paid by LTCB-MAS Investment Management,
Inc., applicant's investment adviser.
Filing Dates: The application was filed on August 21, 1998, and
amended on October 26, 1998.
Applicant's Address: 3435 Stelzer Road, Columbus, Ohio 43219.
First Global Equity Portfolio [File No. 811-9072]; AIG All Ages
Funds, Inc. [File No. 811-9022]
Summary: Each applicant seeks an order declaring that it has ceased
to be an investment company. First Global Equity Portfolio (``Global
Equity'') is a master fund in a master-feeder structure. Global Equity
has two feeder funds, the AIG Children's World Fund--2005 and the AIG
Retiree Fund--2003 (collectively, the ``AIG Funds''), each a series of
AIG All Ages Funds, Inc. On January 21, 1998, the AIG Funds redeemed
their respective shares of Global Equity at net asset value. On
February 6, 1998, AIG Asset Management Services, Inc. (``AIG'')
redeemed its seed capital shares of Global Equity. AIG paid
approximately $9,658 in expenses in connection with the liquidation of
Global Equity. On January 26, 1998, the AIG Funds made a pro rata
distribution to their shareholders of their net assets. AIG Capital
Management Corp., the investment adviser to the AIG Funds, paid
approximately $89,857 in expenses in connection with the liquidation of
the AIG Funds.
Filing Dates: Each application was field on August 4, 1998. Each
applicant has agreed to file an amendment during the notice period.
Applicants' Addresses: Global Equity, 80 Harcourt Street, Dublin,
Ireland, and AIG Funds, 505 Carr Road, Wilmington, Delaware 19809.
For the Commission, by the Division of Investment Management,
pursuant to delegated authority.
Jonathan G. Katz,
Secretary.
[FR Doc. 98-29619 Filed 11-4-98; 8:45 am]
BILLING CODE 8010-01-M
