[Federal Register Volume 61, Number 88 (Monday, May 6, 1996)]
[Notices]
[Pages 20293-20294]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-11138]
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SECURITIES AND EXCHANGE COMMISSION
[Rel. No. IC-21924; 811-5544]
Canadian Dollar Performance Portfolio L.P.; Notice of Application
April 29, 1996.
AGENCY: Securities and Exchange Commission (``SEC'').
[[Page 20294]]
ACTION: Notice of application for deregulation under the Investment
Company Act of 1940 (the ``Act'').
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APPLICANT: Canadian Dollar Performance Portfolio L.P.
RELEVANT ACT SECTION : Section 8(f).
SUMMARY OF APPLICATION: Applicant requests an order declaring that it
has ceased to be an investment company.
FILING DATES: The application was filed on July 7, 1995 and amended on
April 17, 1996.
HEARING OR NOTIFICATION OF HEARING: An order granting the application
will be issued unless the SEC orders a hearing. Interested persons may
request a hearing by writing to the SEC's Secretary and serving
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 May 24, 1996,
and should be accompanied by proof of service on 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 SEC's
Secretary.
ADDRESSES: Secretary, SEC, 450 Fifth Street, N.W., Washington, D.C.
20549. Applicant, 388 Greenwich Street, New York, New York 10013.
FOR FURTHER INFORMATION CONTACT:
David W. Grim, Staff Attorney, (202) 942-0571, or Robert A. Robertson,
Branch Chief, (202) 942-0564 (Office of Investment Company Regulation,
Division of Investment Management.
SUPPLEMENTARY INFORMATION: The following is a summary of the
application. The complete application may be obtained for a fee at the
SEC's Public Reference Branch.
Applicant's Representations
1. Applicant is an open-end management investment company organized
as a Delaware limited partnership. On August 17, 1987, applicant
registered under the Act and filed a registration statement to register
its securities under the Securities Act of 1933. Applicant's
registration statement was declared effective on November 9, 1988, and
its initial public offering commenced shortly thereafter.
2. On January 7, 1992, in light of applicant's small size and the
resulting unlikelihood of achieving economies of scale, the Individual
General Partners of applicant unanimously approved a Plan of
Dissolution, Liquidation, and Termination (the ``Plan'') providing for
the dissolution of applicant, the liquidation of applicant's assets,
and the distribution of the proceeds from such liquidation to
applicant's unitholders. Proxy materials relating to the Plan were
filed with the SEC and distributed to unitholders on or about March 26,
1992. On April 30, 1992, a majority of applicant's unitholders approved
the Plan.
3. As of April 30, 1992, applicant had 200,205.41 units of
partnership interest outstanding, with a net asset value of $9.95 per
unit and an aggregate net asset value of $1,992,053.80. On May 1, 1992,
applicant's assets were liquidated and the proceeds of such
liquidation, less an amount retained for liabilities, were distributed
to applicant's unitholders in an amount based upon applicant's per
share net asset value. All sales of portfolio securities were executed
in open market transactions through brokers or dealers not affiliated
with applicant or its investment adviser.
4. The expenses applicable to the liquidation amounted to
approximately $70,824.57. These expenses, which were for accounting,
printing, administrative, and legal services, were borne by applicant's
investment adviser and administrator. In addition, prior to
distribution of applicant's assets, its adviser and administrator
contributed to applicant's assets an amount equal to applicant's
unamortized organizational expenses.
5. At the time of filing the application, applicant had no assets
or liabilities. Applicant has no unitholders and is not a party to any
litigation or administrative proceeding. Applicant is not engaged in,
and does not propose to engage in, any business activities other than
those necessary for the winding-up of its affairs. To effect the
dissolution of applicant as a Delaware limited partnership, a
certificate of cancellation will be filed with the Secretary of State
of the State of Delaware.
For the SEC, by the Division of Investment Management, under
delegated authority.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 96-11138 Filed 5-3-96; 8:45 am]
BILLING CODE 8010-01-M
