

[Federal Register: July 10, 2006 (Volume 71, Number 131)]
[Notices]               
[Page 38909-38910]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr10jy06-87]                         


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SECURITIES AND EXCHANGE COMMISSION

[Release No. IC-27418]

 
Notice of Applications for Deregistration Under Section 8(f) of 
the Investment Company Act of 1940

June 30, 2006.
    The following is a notice of applications for deregistration under 
section 8(f) of the Investment Company Act of 1940 for the month of 
June 2006. 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 July 25, 2006, 
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.

Credit Suisse Target Return Fund [File No. 811-21617]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. By May 17, 2006, applicants' sole shareholder 
had redeemed its shares at net asset value. Expenses of $2,500 incurred 
in connection with the liquidation were paid by applicant's investment 
adviser, Credit Suisse Asset Management, LLC, or its sister companies.
    Filing Dates: The application was filed on May 24, 2006, and 
amended on June 27, 2006.
    Applicant's Address: 466 Lexington Ave., New York, NY 10017-3140.

Gold Bank Funds [File No. 811-10465]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On February 17, 2006 and April 7, 2006, 
applicant made liquidating distributions to its shareholders, based on 
net asset value. Expenses of $33,197 incurred in connection with the 
liquidation were paid by applicant and its investment advisers, Gold 
Capital Management, Inc. and M&I Investment Management Corp.
    Filing Dates: The application was filed on June 2, 2006, and 
amended on June 27, 2006.
    Applicant's Address: 6860 W. 115th, Suite 100, Overland Park, KS 
66211.

The Galaxy Fund [File No. 811-4636]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On November 21, 2005 and November 23, 2005, 
applicant transferred its assets to corresponding portfolios of 
Columbia Funds Series Trust, based on net asset value. Expenses of 
$936,930 incurred in connection with the reorganization were paid by 
Columbia Management Advisors, LLC, applicant's investment adviser.
    Filing Dates: The application was filed on April 20, 2006, and 
amended on June 22, 2006.
    Applicant's Address: One Financial Center, Boston, MA 02111.

The BlackRock Advantage Term Trust Inc. [File No. 811-5757]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. On December 
29, 2005, applicant made a liquidating distribution to its 
shareholders, based on net asset value. Expenses of $18,500 incurred in 
connection with the liquidation were paid by applicant. Applicant has 
transferred $300,000 in cash to a liquidating trust to pay applicant's 
remaining liabilities. The trustees of the liquidating trust intend to 
distribute any remaining cash to applicant's former shareholders within 
one year of the liquidation.
    Filing Date: The application was filed on May 15, 2006.
    Applicant's Address: 100 Bellevue Parkway, Wilmington, DE 19809.

Income Trust [File No. 811-7307]

Growth and Income Trust [File No. 811-7393]

Growth Trust [File No. 811-7395]

    Summary: Each applicant, a master fund in a master/feeder 
arrangement, seeks an order declaring that it has ceased to be an 
investment company. Between October 18, 2005 and March 9, 2006, each 
applicant's shareholders redeemed all their shares at net asset values. 
Expenses of $14,670, $19,560 and $9,780, respectively, incurred in 
connection with the liquidations were paid by Ameriprise Financial, 
Inc., applicants' investment adviser.
    Filing Date: The applications were filed on May 24, 2006.
    Applicant's Address: 901 Marquette Ave. South, Suite 2810, 
Minneapolis, MN 55402-3268.

Allmerica Securities Trust [File No. 811-2338]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. On May 12, 
2006, applicant made a liquidating distribution to its shareholders, 
based on net asset value. The Bank of New York, applicant's paying 
agent, is holding the remaining fund assets for distribution to 
shareholders holding share certificates. Any liquidating distributions 
not claimed by a certificated shareholder will be escheated by the 
paying agent in accordance with relevant state law. Expenses of 
approximately $155,000 incurred in connection with the liquidation have 
been or will be paid by applicant. Applicant has retained $132,102 in 
cash in a custodial account to pay for expenses relating to the 
liquidation and other accrued or contingent liabilities.
    Filing Date: The application was filed on May 12, 2006.
    Applicant's Address: 440 Lincoln St., Worcester, MA 01653.

Scudder New Asia Fund, Inc. [File No. 811-4789]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. On April 17, 
2006, applicant transferred its assets to DWS Emerging Markets Equity 
Fund, a series of DWS International Fund, Inc., based on net asset 
value. Expenses of $332,700 incurred in connection with the 
reorganization were paid by applicant.
    Filing Dates: The application was filed on May 11, 2006, and 
amended on June 9, 2006.
    Applicant's Address: 345 Park Avenue, New York, NY 10154.

Meeder Advisor Funds [File No. 811-6720]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On November 13, 2003, applicant made a 
liquidating distribution to its shareholders, based on net asset value. 
Expenses of $1,465 incurred in connection with the liquidation were 
paid by applicant and Norwich Union Investment

[[Page 38910]]

Management Limited, applicant's subadviser.
    Filing Dates: The application was filed on July 8, 2004, and 
amended on June 13, 2006.
    Applicant's Address: 6125 Memorial Dr., Dublin, OH 43017.

AIM Millennium Alternative Strategies Fund [File No. 811-10299]

    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 31, 2003, and 
amended on May 12, 2003 and June 12, 2006.
    Applicant's Address: 11 Greenway Plaza, Suite 100, Houston, TX 
77046-1173.

Runkel Funds, Inc. [File No. 811-21070]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On October 20, 2005, applicant made a 
liquidating distribution to its shareholders, based on net asset value. 
Expenses of $4,087 incurred in connection with the liquidation were 
paid by Runkel Advisors, LLC, applicant's investment adviser, and 
Thomas J. Runkel, manager of applicant's investment adviser.
    Filing Dates: The application was filed on December 7, 2005, and 
amended on February 3, 2006, March 10, 2006 and June 23, 2006.
    Applicant's Address: 903 Chevy St., Belmont, CA 94002.

Legg Mason Cash Reserve Trust [File No. 811-2853]

Legg Mason Tax-Exempt Trust, Inc. [File No. 811-3526]

    Summary: Each applicant seeks an order declaring that it has ceased 
to be an investment company. On February 28, 2006, each applicant made 
a liquidating distribution to its shareholders, based on net asset 
value. Expenses of $36,099 and $11,984, respectively, incurred in 
connection with the liquidations were paid by Legg Mason Fund Adviser, 
Inc., applicants' investment adviser.
    Filing Date: The applications were filed on May 31, 2006.
    Applicants' Address: 100 Light St., Baltimore, MD 21202.

Hart Life Insurance Company Separate Account One [File No. 811-9045]

    Summary: Applicant, a separate account for variable annuities, 
seeks an order declaring that it has ceased to be an investment 
company. Applicant has never made a public offering of its securities, 
does not propose to make a public offering, and has never had any 
contractowners invested in the separate account.
    Filing Date: The application was filed on April 25, 2006.
    Applicant's Address: P.O. Box 2999, Hartford, CT 06104.

Hart Life Insurance Company Separate Account Two [File No. 811-9047]

    Summary: Applicant, a separate account for variable life insurance, 
seeks an order declaring that it has ceased to be an investment 
company. Applicant has never made a public offering of its securities, 
does not propose to make a public offering, and has never had any 
contractowners invested in the separate account.
    Filing Date: The application was filed on April 25, 2006.
    Applicant's Address: P.O. Box 2999, Hartford, CT 06104.

ReliaStar Life Insurance Company of New York Variable Annuity Separate 
Account II [File No. 811-8965]

    Summary: Applicant, a separate account for variable annuities, 
seeks an order declaring that it has ceased to be an investment 
company. Applicant has never made and does not propose to make a public 
offering of its securities, and it has never had any contractowners 
invested in the separate account.
    Filing Dates: The application was filed on February 6, 2006, and 
amended on June 1, 2006.
    Applicant's Address: 1000 Woodbury Road, Woodbury, New York 11797.

    For the Commission, by the Division of Investment Management, 
pursuant to delegated authority.
Nancy M. Morris,
Secretary.
 [FR Doc. E6-10683 Filed 7-7-06; 8:45 am]

BILLING CODE 8010-01-P
