Rules and Regulations
promulgated
under the
Investment Company Act of 1940
Rule 5b-1 -- Definition of "Total Assets"
The term total assets, when used in computing values for the purposes
of sections 5 and 12
of the Act, shall mean the gross assets of the company with respect to which the
computation is made, taken as of the end of the fiscal quarter of the company last
preceding the date of computation. This section shall not apply to any company which
has adopted either of the alternative methods of valuation permitted by Rule
2a-1.
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