Memo #
19931

Quarterly Report to Boards of Institute Member Funds

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©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. [19931] April 5, 2006 TO: BOARD OF GOVERNORS No. 13-06 INVESTMENT COMPANY DIRECTORS No. 6-06 INDEPENDENT DIRECTORS COUNCIL No. 4-06 CLOSED-END INVESTMENT COMPANY COMMITTEE No. 10-06 PRIMARY CONTACTS - MEMBER COMPLEX No. 8-06 SMALL FUNDS MEMBERS No. 26-06 SEC RULES COMMITTEE No. 17-06 RE: QUARTERLY REPORT TO BOARDS OF INSTITUTE MEMBER FUNDS Attached is a report for the 1st quarter of 2006 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 19931, or call the ICI Library at (202) 326-8304 and request the attachment for memo 19931.

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