[Federal Register Volume 72, Number 85 (Thursday, May 3, 2007)]
[Notices]
[Pages 24636-24637]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-8426]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. IC-27806]
Notice of Applications for Deregistration Under Section 8(f) of
the Investment Company Act of 1940
April 27, 2007.
The following is a notice of applications for deregistration under
section 8(f) of the Investment Company Act of 1940 for the month of
April, 2007. 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 May 22,
2007, 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.
Stepstone Funds [File No. 811-6192]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. By April 25, 1997, applicant had transferred
all of its assets to HighMark Funds, based on net asset value. Expenses
of $27,400 incurred in connection with the reorganization were paid by
Union Bank of California, N.A., the acquiring fund's investment
adviser.
Filing Dates: The application was filed on January 31, 2003, and
amended on April 11, 2007, and April 20, 2007.
Applicant's Address: 2 Oliver St., Boston, MA 02109.
Morgan Stanley Aggressive Equity Fund [File No. 811-8471]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On December 8, 2006, applicant transferred
its assets to Morgan Stanley Capital Opportunities Trust, based on net
asset value. Expenses of approximately $455,000 incurred in connection
with the reorganization were paid by Morgan Stanley Investment Advisors
Inc., applicant's investment adviser.
Filing Date: The application was filed on March 30, 2007.
Applicant's Address: Morgan Stanley Investment Advisors Inc., 1221
Avenue of the Americas, New York, NY 10020.
Morgan Stanley Growth Fund [File No. 811-6551]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On October 20, 2006, applicant transferred
its assets to Morgan Stanley Focus Growth Fund, based on net asset
value. Expenses of approximately $381,000 incurred in connection with
the reorganization were paid by Morgan Stanley Investment Advisors
Inc., applicant's investment adviser.
Filing Date: The application was filed on March 28, 2007.
Applicant's Address: Morgan Stanley Investment Advisors Inc., 1221
Avenue of the Americas, New York, NY 10020.
DCM Series Trust [File No. 811-9527]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On January 27, 2006, applicant made a
liquidating distribution to its shareholders, based on net asset value.
Expenses of $1,533 incurred in connection with the liquidation were
paid by applicant.
Filing Date: The application was filed on April 4, 2007.
Applicant's Address: 7 Wells Ave., Newton, MA 02459.
[[Page 24637]]
ING Clarion Investors LLC [File No. 811-21501]
Summary: Applicant, a closed-end investment company, 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 Dates: The application was filed on March 23, 2007, and
amended on April 12, 2007.
Applicant's Address: 14 East 4th Street, New York, NY 10012.
Rydex Capital Partners Sphinx Equity Long/Short Fund [File No. 811-
21773]
Summary: Applicant, a closed-end investment company, 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 Dates: The application was filed on March 21, 2007, and
amended on April 11, 2007.
Applicant's Address: 9601 Blackwell Rd., Suite 500, Rockville, MD
20850.
Kobren Insight Funds [File No. 811-7813]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On November 17, 2006, applicant transferred
its assets to E*TRADE Funds, based on net asset value. Expenses of
$321,385 incurred in connection with the reorganization were paid by
E*TRADE Financial, parent company of the investment adviser for both
applicant and the acquiring fund.
Filing Dates: The application was filed on March 2, 2007, and
amended on April 5, 2007.
Applicant's Address: 20 William St., Suite 310, Wellesley Hills, MA
02481.
Kopp Funds, Inc. [File No. 811-8267]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On February 23, 2007, applicant transferred
its assets to corresponding series of American Century Mutual Funds,
Inc. and American Century Quantitative Equity Funds, Inc., based on net
asset value. Expenses of approximately $450,000 incurred in connection
with the reorganization were paid by Kopp Investment Advisors, LLC and
American Century Investment Management, Inc., applicant's investment
advisers.
Filing Dates: The application was filed on March 1, 2007, and
amended on April 3, 2007.
Applicant's Address: 7701 France Ave. South, Suite 500, Edina, MN
55435.
Citigroup Alternative Investments Multi-Adviser Hedge Fund Portfolios
(Series M) LLC [File No. 811-21999]
Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. On December
29, 2006, applicant transferred its assets to Citigroup Alternative
Investments Multi-Adviser Hedge Fund Portfolios LLC, based on net asset
value. Expenses of $326,343 incurred in connection with the
reorganization were paid by applicant and Citigroup Alternative
Investments LLC, applicant's investment adviser.
Filing Dates: The application was filed on January 17, 2007, and
amended on April 5, 2007.
Applicant's Address: 731 Lexington Ave., 25th Floor, New York, NY
10022.
INTRUST Funds Trust [File No. 811-7505]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On March 2, 2006, applicant transferred its
assets to American Independence Funds Trust, based on net asset value.
Expenses of $302,860 incurred in connection with the reorganization
were paid by INTRUST Financial Services, Inc., applicant's investment
adviser.
Filing Dates: The application was filed on February 26, 2007, and
amended on March 28, 2007.
Applicant's Address: 3435 Stelzer Rd., Columbus, OH 43219.
For the Commission, by the Division of Investment Management,
pursuant to delegated authority.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7-8426 Filed 5-2-07; 8:45 am]
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