©2006 Investment Company Institute. All rights reserved. Information may be abridged and therefore incomplete.
Communications from the Institute do not constitute, and should not be considered a substitute for, legal advice.
[19562]
January 3, 2006
TO: BOARD OF GOVERNORS No. 1-06
CLOSED-END INVESTMENT COMPANY COMMITTEE No. 1-06
INDEPENDENT DIRECTORS COUNCIL No. 1-06
INVESTMENT COMPANY DIRECTORS No. 1-06
PRIMARY CONTACTS - MEMBER COMPLEX No. 1-06
SEC RULES COMMITTEE No. 1-06
RE: QUARTERLY REPORT TO BOARDS OF INSTITUTE MEMBER FUNDS
Attached is a report for the 4th quarter of 2005 concerning Institute activities and
accomplishments. In addition, I have included a summary of reports produced by the
Institute’s research department during the quarter.
I hope you find the report informative. Please do not hesitate to contact me if you have
any questions, at 202.326-5901 or paul.stevens@ici.org.
Paul Schott Stevens
President
Attachment (in .pdf format)
Note: Not all recipients receive the attachment. To obtain a copy of the attachment, please visit our members
website (http://members.ici.org) and search for memo 19562, or call the ICI Library at (202) 326-8304 and request the
attachment for memo 19562.