[Federal Register Volume 63, Number 24 (Thursday, February 5, 1998)]
[Notices]
[Page 5982]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-2884]
[[Page 5982]]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. IC-23015]
Notice of Applications for Deregistration Under Section 8(f) of
the Investment Company Act of 1940
January 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
January, 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,
D.C. 20549 (tel. 202-942-8090). 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 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 February 24, 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, D.C. 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, D.C. 20549.
Value Line Intermediate Bond Fund, Inc.
[File No. 811-6482]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On September 19, 1997, applicant distributed
its net assets to its shareholders at the net asset value per share.
Approximately $17,000 of expenses were incurred by the Fund in
connection with the liquidation. In addition, the Adviser paid
approximately $15,000 for the cost of printing, assembling and mailing
the Notice of Special Meeting of Shareholders and Proxy Statement in
connection with the meeting of shareholders to vote on the liquidation
and dissolution.
Filing Date: The application was filed on October 16, 1997.
Applicant's Address: 220 East 42nd Street, New York, New York
10017-5891.
Kemper Premier Trust, Sterling Funds, Mexico Growth Fund Inc., and
Kemper Target Maturity Income Fund
[File Nos. 811-5927, 811-8210, 811-6429, and 811-6695]
Summary: Each applicant seeks an order declaring that it has ceased
to be an investment company. Each applicant abandoned its intention to
operate before it received any assets. Each applicant never issued
securities.
Filing Date: The applications were filed on December 10, 1997.
Applicant's Address: 222 South Riverside Plaza, Chicago, IL 60606.
New USA Mutual Funds, Inc.
[File No. 811-6519]
Summary: Applicant requests an order declaring that it has ceased
to be an investment company. On June 2, 1997, applicant transferred its
assets and liabilities to the MSS Emerging Growth Fund, a portfolio of
MSS Series Trust II, based on the relative net asset value per share.
Applicant's investment adviser, New USA Research & Management Co., paid
approximately $916,400 in expenses related to the transaction.
Filing Dates: The application was filed on September 9, 1997, and
amended on January 6, 1998.
Applicant's Address: c/o State Street Bank and Trust Company, 1776
Heritage Drive, North Quincy, MA 02171.
Trans Adviser Funds, Inc.
[File No. 811-9068]
Summary: Applicant requests an order declaring that it has ceased
to be an investment company. On August 29, 1997, applicant's five
series, the Aggressive Growth Fund, the Growth/Value Fund, the
Intermediate Bond Fund, the Kentucky Tax-Free Fund, and the Money
Market Fund, transferred their assets and liabilities to identically-
named corresponding series on the Countrywide Strategic Trust,
Countrywide Investment Trust, and Countrywide Tax-Free Trust
(collectively, ``Countrywide Trusts''), based on the relative net asset
values per share. Countrywide Trusts' investment adviser, Countrywide
Investment, Inc., paid approximately $141,000 in expenses related to
the transaction.
Filing Dates: The application was filed on October 24, 1997, and
amended on January 21, 1998.
Applicant's Address: Two Portland Square, Portland, Maine 04101.
For the Commission, by the Division of Investment Management,
pursuant to delegated authority.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 98-2884 Filed 2-4-98; 8:45 am]
BILLING CODE 8010-01-M
