December 14, 1989
TO: ACCOUNTING/TREASURERS MEMBERS NO. 6-89
CLOSED-END FUND MEMBERS NO. 67-89
DIRECT MARKETING COMMITTEE NO. 39-89
INVESTMENT ADVISER MEMBERS NO. 62-89
INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 61-89
MARKETING COMMITTEE NO. 30-89
MEMBERS - ONE PER COMPLEX NO. 40-89
RESEARCH COMMITTEE NO. 35-89
SALES FORCE MARKETING COMMITTEE NO. 40-89
SEC RULES MEMBERS NO. 71-89
TAX MEMBERS NO. 47-89
UNIT INVESTMENT TRUST MEMBERS NO. 68-89
RE: INSTITUTE CONFERENCE ON MARKETING MUTUAL FUNDS IN EUROPE
__________________________________________________________
The Investment Company Institute is sponsoring a conference
on marketing mutual funds in Europe on February 21 - 22, 1990 at
the Capital Hilton Hotel in Washington, DC.
This conference, which is the first of its kind to be
sponsored by the Institute, will cover legal issues and marketing
considerations for funds seeking to sell in Europe. The speakers
will include representatives from the U.S. industry as well as a
number of European experts. There will be individual panels
discussing the UCITS Directive, the EC Directive which permits
cross-marketing of funds within the European Community and
alternatives to qualifying as a UCITS fund. There will also be
panels discussing both legal and practical restrictions on
marketing U.S. funds in Europe, as well as case studies reviewing
the actual experiences of fund sponsors in Europe. The enclosed
brochure provides further detail on the topics and some of the
speakers. We are pleased to report that after this brochure was
printed, two additional speakers have agreed to participate in
our conference. Gisbert Wolff, Principal Administrator of the
Commission of the European Community, will be the luncheon
speaker on February 21st, and John McGonigle, Vice President and
General Counsel of Federated Investors will be joining the UCITS
panel on the morning of the 21st.
To register for the conference, return the attached
registration form and appropriate fee to the Institute as soon as
possible, but not later than February 14, 1990. Please make your
own hotel reservations at the Capital Hilton on the attached
hotel form or call the hotel directly at (202)393-1000. Be sure
to tell the hotel you are attending an ICI Conference. Also,
note the attached flyer describing the flight benefits made
available through Travel Air Services Group in Washington, DC.
If you have any questions regarding registration, please call
Claire Gurnee at (202)955-3508.
We're looking forward to seeing you at this exciting new
conference.
Catherine L. Heron
Deputy General Counsel
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