31822 Federal Register / Vol. 75, No. 107 / Friday, June 4, 2010 / Notices 

Filing Dates: The application was 

filed on January 6, 2010 and amended 

on April 19, 2010 and May 7, 2010. 

Applicant’s Address: 4400 Computer 

Dr., Westborough, MA 01581. 

Pioneer Select Value Fund 

[File No. 811–21530] 

Pioneer Select Growth Fund 

[File No. 811–21452] 

Summary: Each applicant seeks an 

order declaring that it has ceased to be 

an investment company. On May 30, 

2008 and March 23, 2009, respectively, 

applicants made liquidating 

distributions to their shareholders, 

based on net asset value. Expenses of 

$5,500 and $7,000, respectively, 

incurred in connection with the 

liquidations were paid by Pioneer 

Investment Management, Inc., 

applicants’ investment adviser. 

Filing Date: The applications were 

filed on November 12, 2009 and 

amended on May 21, 2010 and May 24, 

2010, respectively. 

Applicants’ Address: 60 State St., 

Boston, MA 02109. 

Utopia Funds 

[File No. 811–21798] 

Summary: Applicant seeks an order 

declaring that it has ceased to be an 

investment company. On March 31, 

2009, applicant made a liquidating 

distribution to its shareholder, based on 

net asset value. Expenses of $304,485 

incurred in connection with the 

liquidation were paid by applicant. 

Filing Dates: The application was 

filed on June 8, 2009 and amended on 

March 4, 2010 and May 27, 2010. 

Applicant’s Address: 111 Cass St., 

Traverse City, MI 49684. 

Morgan Stanley International SmallCap 

Fund 

[File No. 811–7169] 

Summary: Applicant seeks an order 

declaring that it has ceased to be an 

investment company. On July 30, 2008, 

applicant made a final liquidating 

distribution to its shareholders, based 

on net asset value. Expenses of 

approximately $41,106 incurred in 

connection with the liquidation were 

paid by Morgan Stanley Investment 

Advisors Inc., applicant’s investment 

adviser. 

Filing Date: The application was filed 

on April 21, 2010. 

Applicant’s Address: c/o Morgan 

Stanley Investment Advisors Inc., 522 

Fifth Ave., New York, NY 10036. 

SG Principal Protected Trust 

[File No. 811–21194] 

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 Date: The application was filed 

on May 6, 2010. 

Applicant’s Address: 1221 Avenue of 

the Americas, New York, NY 10020. 

S&P 500® Covered Call Fund Inc. 

[File No. 811–21672] 

Summary: Applicant, a closed-end 

investment company, seeks an order 

declaring that it has ceased to be an 

investment company. On February 2, 

2010, applicant made a liquidating 

distribution to its shareholders, based 

on net asset value. Expenses of 

approximately $27,000 incurred in 

connection with the liquidation will be 

paid by applicant and IQ Investment 

Advisors LLC, applicant’s investment 

adviser. Applicant will pay 

approximately $14,752 of the accrued 

expenses with cash that it has retained 

for that purpose. 

Filing Date: The application was filed 

on April 29, 2010. 

Applicant’s Address: 4 World 

Financial Center, 6th Floor, New York, 

NY 10080. 

Capital Growth Portfolio 

[File No. 811–9835] 

Summary: Applicant seeks an order 

declaring that it has ceased to be an 

investment company. On November 13, 

2009, applicant made a liquidating 

distribution to its shareholders, based 

on net asset value. Applicant incurred 

no expenses in connection with the 

liquidation. 

Filing Date: The application was filed 

on April 23, 2010. 

Applicant’s Address: Two 

International Place, Boston, MA 02110. 

Adelante Funds 

[File No. 811–9679] 

Summary: Applicant seeks an order 

declaring that it has ceased to be an 

investment company. On March 19, 

2010, applicant made a liquidating 

distribution to its shareholders, based 

on net asset value. Expenses of 

approximately $42,135 incurred in 

connection with the liquidation were 

paid by Adelante Capital Management 

LLC, applicant’s investment adviser. 

Filing Date: The application was filed 

on May 11, 2010. 

Applicant’s Address: 555 12th St., 

Suite 2100, Oakland, CA 94607. 

AIM Summit Fund 

[File No. 811–3443] 

Summary: Applicant seeks an order 

declaring that it has ceased to be an 

investment company. On April 28, 

2008, applicant transferred its assets to, 

and was reorganized as a series of, AIM 

Equity Funds, based on net asset value. 

Expenses of $282,300 incurred in 

connection with the reorganization were 

paid by applicant and Invesco Advisers, 

Inc., applicant’s investment adviser. 

Filing Date: The application was filed 

on April 23, 2010. 

Applicant’s Address: 11 Greenway 

Plaza, Suite 100, Houston, TX 77046– 

1173. 

For the Commission, by the Division of 

Investment Management, pursuant to 

delegated authority. 

Florence E. Harmon, 

Deputy Secretary. 

[FR Doc. 2010–13459 Filed 6–3–10; 8:45 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Sunshine Act Meeting 

Notice is hereby given, pursuant to 

the provisions of the Government in the 

Sunshine Act, Public Law 94–409, that 

the Securities and Exchange 

Commission will hold a Closed Meeting 

on Tuesday, June 8, 2010 at 2 p.m. 

Commissioners, Counsel to the 

Commissioners, the Secretary to the 

Commission, and recording secretaries 

will attend the Closed Meeting. Certain 

staff members who have an interest in 

the matters also may be present. 

The General Counsel of the 

Commission, or his designee, has 

certified that, in his opinion, one or 

more of the exemptions set forth in 5 

U.S.C. 552b(c)(3), (5), (7), 9(B) and (10) 

and 17 CFR 200.402(a)(3), (5), (7), 9(ii) 

and (10), permit consideration of the 

scheduled matters at the Closed 

Meeting. 

Commissioner Casey, as duty officer, 

voted to consider the items listed for the 

Closed Meeting in a closed session. 

The subject matter of the Closed 

Meeting scheduled for Tuesday, June 8, 

2010 will be: Institution and settlement 

of injunctive actions; institution and 

settlement of administrative 

proceedings; an adjudicatory matter; 

and other matters relating to 

enforcement proceedings. 

At times, changes in Commission 

priorities require alterations in the 

scheduling of meeting items. 


srobinson on DSKHWCL6B1PROD with NOTICES
Federal Register / Vol. 75, No. 107 / Friday, June 4, 2010 / Notices 31823 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release No. 57897 

(May 30, 2008), 73 FR 32061 (June 5, 2008) (order 

approving SR–CBOE–2005–11). 

4See Securities Exchange Act Release No. 59055 

(December 4, 2008), 73 FR 75148 (December 10, 

2008) (order approving SR–CBOE–2008–72). 

5See Securities Exchange Act Release No. 61483 

(February 3, 2010) (order approving SR–CBOE– 

2010–007). 

6See Securities Exchange Act Release No. 61892 

(April 13, 2010), 75 FR 20649 (April 20, 2010) 

(order approving SR–CBOE–2010–015). 7See Interpretation and Policy .06 to Rule 5.3. 

For further information and to 

ascertain what, if any, matters have been 

added, deleted or postponed, please 

contact: 

The Office of the Secretary at (202) 

551–5400. 

Dated: June 1, 2010. 

Elizabeth M. Murphy. 

Secretary. 

[FR Doc. 2010–13503 Filed 6–2–10; 11:15 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–62193; File No. SR–CBOE– 

2010–043] 

Self-Regulatory Organizations; 

Chicago Board Options Exchange, 

Incorporated; Notice of Filing of 

Proposed Rule Change To Enable the 

Listing and Trading of Options on the 

Sprott Physical Gold Trust 

May 28, 2010. 

Pursuant to Section 19(b)(1) of the 

Securities Exchange Act of 1934 (the 

‘‘Act’’) 1 and Rule 19b–4 thereunder,2

notice is hereby given that on May 11, 

2010, the Chicago Board Options 

Exchange, Incorporated (‘‘Exchange’’ or 

‘‘CBOE’’) filed with the Securities and 

Exchange Commission (the 

‘‘Commission’’) the proposed rule 

change as described in Items I, II, and 

III below, which Items have been 

prepared by the Exchange. The 

Commission is publishing this notice to 

solicit comments on the proposed rule 

change from interested persons. 

I. Self-Regulatory Organization’s 

Statement of the Terms of Substance of 

the Proposed Rule Change 

CBOE proposes to amend certain rules 

to enable the listing and trading on the 

Exchange of options on the Sprott 

Physical Gold Trust. The text of the rule 

proposal is available on the Exchange’s 

Web site (http://www.cboe.org/legal), at 

the Exchange’s Office of the Secretary 

and at the Commission. 

II. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

In its filing with the Commission, the 

self-regulatory organization included 

statements concerning the purpose of, 

and basis for, the proposed rule change 

and discussed any comments it received 

on the proposed rule change. The text 

of those statements may be examined at 

the places specified in Item IV below. 

The Exchange has prepared summaries, 

set forth in sections A, B, and C below, 

of the most significant parts of such 

statements. 

A. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

Recently the U.S. Securities and 

Exchange Commission (‘‘SEC’’ or 

‘‘Commission’’) authorized CBOE to list 

and trade options on the SPDR Gold 

Trust,3 the iShares COMEX Gold Trust, 

the iShares Silver Trust,4 the ETFS 

Silver Trust and the ETFS Gold Trust,5

the ETFS Palladium Trust and the ETFS 

Platinum Trust.6 Now, the Exchange 

proposes to list and trade options on the 

Sprott Physical Gold Trust (‘‘PHYS’’). 

Under current Rule 5.3, only Units 

(also referred to herein as exchange 

traded fund (‘‘ETFs’’)) representing (i) 

interests in registered investment 

companies (or series thereof) organized 

as open-end management investment 

companies, unit investment trusts or 

similar entities that hold portfolios of 

securities and/or financial instruments 

including, but not limited to, stock 

index futures contracts, options on 

futures, options on securities and 

indexes, equity caps, collars and floors, 

swap agreements, forward contracts, 

repurchase agreements and reverse 

purchase agreements (the ‘‘Financial 

Instruments’’), and money market 

instruments, including, but not limited 

to, U.S. government securities and 

repurchase agreements (the ‘‘Money 

Market Instruments’’) comprising or 

otherwise based on or representing 

investments in indexes or portfolios of 

securities and/or Financial Instruments 

and Money Market Instruments (or that 

hold securities in one or more other 

registered investment companies that 

themselves hold such portfolios of 

securities and/or Financial Instruments 

and Money Market Instruments); or (ii) 

interests in a trust or similar entity that 

holds a specified non-U.S. currency 

deposited with the trust or similar entity 

when aggregated in some specified 

minimum number may be surrendered 

to the trust by the beneficial owner to 

receive the specified non-U.S. currency 

and pays the beneficial owner interest 

and other distributions on deposited 

non-U.S. currency, if any, declared and 

paid by the trust; or (iii) commodity 

pool interests principally engaged, 

directly or indirectly, in holding and/or 

managing portfolios or baskets of 

securities, commodity futures contracts, 

options on commodity futures contracts, 

swaps, forward contracts and/or options 

on physical commodities and/or nonU.S. currency (‘‘Commodity Pool 

Units’’); or (iv) represent interests in the 

streetTRACKS Gold Trust or the iShares 

COMEX Gold Trust or the iShares Silver 

Trust or the ETFS Silver Trust or the 

ETFS Gold Trust or the ETFS Palladium 

Trust or the ETFS Platinum Trust; or (v) 

represents an interest in a registered 

investment company (‘‘Investment 

Company’’) organized as an open-end 

management investment company or 

similar entity, that invests in a portfolio 

of securities selected by the Investment 

Company’s investment adviser 

consistent with the Investment 

Company’s investment objectives and 

policies, which is issued in a specified 

aggregate minimum number in return 

for a deposit of a specified portfolio of 

securities and/or a cash amount with a 

value equal to the next determined net 

asset value (‘‘NAV’’), and when 

aggregated in the same specified 

minimum number, may be redeemed at 

a holder’s request, which holder will be 

paid a specified portfolio of securities 

and/or cash with a value equal to the 

next determined NAV (‘‘Managed Fund 

Share’’) are eligible as underlying 

securities for options traded on the 

Exchange.7 This rule change proposes to 

expand the types of ETFs that may be 

approved for options trading on the 

Exchange to include the Sprott Physical 

Gold Trust. 

Apart from allowing Sprott Physical 

Gold Trust to be an underlying for 

options traded on the Exchange as 

described above, the listing standards 

for ETFs will remain unchanged from 

those that apply under current Exchange 

rules. ETFs on which options may be 

listed and traded must still be listed and 

traded on a national securities exchange 

and must satisfy the other listing 

standards set forth in Interpretation and 

Policy .06 to Rule 5.3. 

Specifically, in addition to satisfying 

the aforementioned listing 

requirements, Units must meet either (1) 

the criteria and guidelines under Rule 

5.3 and Interpretation and Policy .01 to 

Rule 5.3, Criteria for Underlying 

Securities; or (2) they must be available 

for creation or redemption each 


srobinson on DSKHWCL6B1PROD with NOTICES