Document ID: SEC-2007-0022-0001
Agency: sec
Document Type: Notice
Title: Investment Company Act of 1940: Agilex Funds et al.
Posted Date: 2007-01-08T05:00Z

[Federal Register: January 8, 2007 (Volume 72, Number 4)]
[Notices]               
[Page 803-804]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr08ja07-93]                         

-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Release No. IC-27645]

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

December 29, 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 
December, 2006. A copy of each application may be obtained for a fee at 
the SEC's Public

[[Page 804]]

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 January 24, 2007, 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.

Agilex Funds [File No. 811-21123]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On May 30, 2006, applicant made a liquidating 
distribution to its shareholders, based on net asset value. Expenses of 
$31,625 incurred in connection with the liquidation were paid by 
applicant.
    Filing Date: The application was filed on December 12, 2006.
    Applicant's Address: 200 East Broward Blvd., Suite 920, Fort 
Lauderdale, FL 33301.

Thirteenth Automatic Common Exchange Security Trust [File No. 811-9431]

    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 December 5, 2006.
    Applicant's Address: Attn: Heather Sahrbeck, Goldman, Sachs & Co., 
85 Broad St., New York, NY 10004.

Rydex Capital Partners Sphinx Fund [File No. 811-21278]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. On June 2, 
2006, applicant transferred its assets to Absolute Return Strategies 
Fund, a series of Rydex Series Funds, based on net asset value. 
Expenses of approximately $152,008 incurred in connection with the 
reorganization were paid by Rydex Capital Partners I, LLC, applicant's 
investment adviser.
    Filing Date: The application was filed on November 30, 2006.
    Applicant's Address: 9601 Blackwell Rd., Suite 500, Rockville, MD 
20850.

State and Local Trusts, Series 1 [File No. 811-5147]

    Summary: Applicant, a unit investment trust, seeks an order 
declaring that it has ceased to be an investment company. On November 
17, 2006, applicant made a liquidating distribution to its unitholders, 
based on net asset value. Expenses of approximately $3,000 incurred in 
connection with the liquidation were paid by applicant.
    Filing Date: The application was filed on November 22, 2006.
    Applicant's Address: 800 Shades Creek Parkway, Suite 700, 
Birmingham, AL 35209.

Mount Yale Opportunity Fund, LLC [File No. 811-21635]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. On September 
30, 2006, applicant made a liquidating distribution to its 
shareholders, based on net asset value. Expenses of $4,000 incurred in 
connection with the liquidation were paid by Mount Yale Asset 
Management, LLC, applicant's investment adviser.
    Filing Dates: The application was filed on November 7, 2006, and 
amended on December 20, 2006.
    Applicant's Address: 8000 Norman Center Dr., Suite 630, 
Minneapolis, MN 55437.

GAM Funds, Inc. [File No. 811-4062]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On or about September 28, 2006, applicant 
made a final liquidating distribution to its shareholders, based on net 
asset value. Expenses of $26,671 incurred in connection with the 
liquidation were paid by GAM International Management Limited, 
applicant's investment adviser. Applicant has retained $1,410,759 in 
cash, which is being held by Brown Brothers Harriman & Co., applicant's 
custodian, to pay certain outstanding accrued expenses.
    Filing Dates: The application was filed on November 13, 2006, and 
amended on December 14, 2006.
    Applicant's Address: 330 Madison Ave., New York, NY 10017.

Man-Glenwood Lexington Institutional TEI, LLC [File No. 811-21772]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. Applicant 
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 November 20, 2006, and 
amended on December 11, 2006.
    Applicant's Address: 123 N Wacker Dr., 28th Floor, Chicago, IL 
60606.

Evergreen Hedged Specialists Fund, LLC [File No. 811-21174]; Evergreen 
Managed Strategies Fund, LLC [File No. 811-21175]

    Summary: Each applicant, a closed-end investment company, seeks an 
order declaring that it has ceased to be an investment company. 
Applicants have never made a public offering of their securities and do 
not propose to make a public offering or engage in business of any 
kind.
    Filing Dates: The applications were filed on March 21, 2005, and 
amended on November 29, 2006.
    Applicants' Address: 200 Berkeley St., Boston, MA 02116.

The New York Tax-Exempt Fund, Inc. [File No. 811-5278]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. On February 
19, 1999, applicant transferred its assets to Oppenheimer New York 
Municipal Fund, based on net asset value. Less than $30,000 in expenses 
were incurred in connection with the reorganization and were paid by 
applicant.
    Filing Dates: The application was filed on August 9, 2002, and 
amended on December 4, 2006.
    Applicant's Address: OppenheimerFunds, Inc., 6803 South Tucson Way, 
Centennial, CO 80112.

    For the Commission, by the Division of Investment Management, 
pursuant to delegated authority.
Jill M. Peterson,
Assistant Secretary.
 [FR Doc. E7-14 Filed 1-5-07; 8:45 am]

BILLING CODE 8011-01-P