-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JR+ZsJsSe5CTBQfLf5GZZHrFB4qh/etaJYrYiehVM5FYB9MbEA2mLL6eL/TzN6XI 4IRKl2B/HyL+n9ovEmqb+g== 0000797657-98-000023.txt : 19980907 0000797657-98-000023.hdr.sgml : 19980907 ACCESSION NUMBER: 0000797657-98-000023 CONFORMED SUBMISSION TYPE: 485BXT PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980804 EFFECTIVENESS DATE: 19980804 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: BT INVESTMENT FUNDS CENTRAL INDEX KEY: 0000797657 STANDARD INDUSTRIAL CLASSIFICATION: 0000 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 485BXT SEC ACT: SEC FILE NUMBER: 033-07404 FILM NUMBER: 98676755 FILING VALUES: FORM TYPE: 485BXT SEC ACT: SEC FILE NUMBER: 811-04760 FILM NUMBER: 98676756 BUSINESS ADDRESS: STREET 1: FEDERATED INVESTORS TOWERS CITY: PITTSBURGH STATE: PA ZIP: 15222-3770 BUSINESS PHONE: 412881401 FORMER COMPANY: FORMER CONFORMED NAME: BT TAX FREE INVESTMENT TRUST DATE OF NAME CHANGE: 19880530 485BPOS 1 1933 Act File No. 33-07404 1940 Act File No. 811-4760 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form N-1A REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 X --- Pre-Effective Amendment No. .................... Post-Effective Amendment No. 52 ..................... X ------ --- and/or REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 X Amendment No. 52 ................................... X ------- --- BT INVESTMENT FUNDS (Exact Name of Registrant as Specified in Charter) 5800 Corporate Drive Pittsburgh, Pennsylvania 15237-7010 (Address of Principal Executive Offices) (412) 288-1900 (Registrant's Telephone Number) Copies to: Jay S. Neuman, Esquire Burton M. Leibert, Esq. Federated Investors Tower Willkie Farr & Gallagher Pittsburgh, Pennsylvania 15222-3779 One Citicorp Center (Name and Address of Agent for Service) 153 East 53rd Street ...... New York, New York 10022 It is proposed that this filing will become effective (check appropriate box) [ ] immediately upon filing pursuant to paragraph (b) [X] on August 20, 1998 pursuant to paragraph (b)(1)(iii) [ ] 60 days after filing pursuant to paragraph (a)(1) [ ] on (date) pursuant to paragraph (a)(1) [ ] 75 days after filing pursuant to paragraph (a)(2) [ ] on (date) pursuant to paragraph (a)(2) of rule 485. If appropriate, check the following box: X This post-effective amendment designates a new effective date for a previously filed post-effective amendment. Intermediate Bond Fund (a series of BT Investment Portfolios) has also executed this Amendment to the Registration Statement. CROSS-REFERENCE SHEET This Amendment to the Registration Statement of BT INVESTMENT FUNDS, which is comprised of seventeen funds, relates only to Intermediate Bond Fund, and is comprised of the following: PART A......INFORMATION REQUIRED IN A PROSPECTUS. Prospectus Heading (Rule 404(c) Cross Reference) Item 1. Cover Page....................Cover Page. Item 2. Synopsis......................Summary of Fund Expenses. Item 3. Condensed Financial Information...................Financial Highlights; Performance Information and Reports. Item 4. General Description of Registrant....................The Funds; Who May Want to Invest; Investment Objectives and Policies; Risk Factors: Matching the Funds to Your Investment Needs. Item 5. Management of the Fund.......Management of the Trust and Portfolios. Item 6. Capital Stock and Other Securities Dividends, Distributions and Taxes. Item 7. Purchase of Securities Being Offered.......................Net Asset Value; Purchase and Redemption of Shares. Item 8. Redemption or Repurchase......Purchase and Redemption of Shares. Item 9. Legal Proceedings None. PART B. INFORMATION REQUIRED IN A STATEMENT OF ADDITIONAL INFORMATION. Item 10. Cover Page....................Cover Page. Item 11. Table of Contents Table of Contents. Item 12. General Information and History.......................Organization of the Trust; Appendix. Item 13. Investment Objectives and Policies Investment Objectives and Policies. Item 14. Management of the Fund.......Management of the Trust and Portfolios. Item 15. Control Persons and Principal Holders of Securities.........Management of the Trust and Portfolios; Trustee Compensation. Item 16. Investment Advisory and Other Services Investment Adviser; Administrator. Item 17. Brokerage Allocation..........Portfolio Transactions and Brokerage Commissions. Item 18. Capital Stock and Other Securities Not Applicable. Item 19. Purchase, Redemption and Pricing of Securities Being Offered.......................Purchase and Redemption Information. Item 20. Tax Status....................Taxes. Item 21. Underwriters Not applicable. Item 22. Calculation of Performance Data Performance Information. Item 23. Financial Statements..........To be filed by amendment. PART C OTHER INFORMATION ITEM 24. Financial Statements and Exhibits: (a) Financial Statements: To be filed by amendment. (b) Exhibits: (1) (i) Conformed Copy of Declaration of Trust of the Trust; 9 (ii) Supplement to Declaration of Trust; 9 (iii) Second Supplement to Declaration of Trust; 9 (2) Copy of By-Laws of the Trust; 9 (3) Not applicable. (4) Copy of Specimen stock certificates for shares of beneficial interest of the Trust; 1 (5) Not applicable. (6) Conformed Copy of Distributor's Contract; 10 (i) Schedule A of Exhibit A to the Distributor's Contract; 15 (ii)Schedule A of Exhibit B to the Distributor's Contract; 15 (7) Not applicable. (8) Conformed Copy of Custodian Agreement between the Registrant and Bankers Trust Company; 12 (i) Conformed Copy of Amendment #2 to Exhibit A of the Custodian Agreement; 14 (ii)Conformed copy of Cash Services Addendum to Custodian Agreement; (16) (9) (i) Administration and Services Agreement; 6 (ii) Schedule of Fees under Administration and Services Agreement; 7 (iii) Exhibit D to the Administration and Services Agreement; 12 (10) Not applicable. (11) Conformed copy of Consent of Independent Public Accountants; (16) - - ----------------------------------- + All exhibits have been filed electronically. 1. Incorporated by reference to the Registrant's registration statement on Form N-1A ("Registration Statement") as filed with the Securities and Exchange Commission ("Commission") on October 24, 1986. 6. Incorporated by reference to Post-Effective Amendment No. 23 to Registrant's Registration Statement as filed with the Commission on April 30, 1993. 7. Incorporated by reference to Post-Effective Amendment No. 29 to Registrant's Registration Statement as filed with the Commission on November 8, 1993. 9. Incorporated by reference to Post-Effective Amendment No. 34 to Registrant's Registration Statement as filed with the Commission on July 31, 1995. 10. Incorporated by reference to Post-Effective Amendment No. 40 to Registrant's Registration Statement as filed with the Commission on January 30, 1997. 12. Incorporated by reference to Post-Effective Amendment No. 44 to Registrant's Registration Statement as filed with the Commission on July 1, 1997. 14. Incorporated by reference to Post-Effective Amendment No. 46 to Registrant's Registration Statement as filed with the Commission on January 28, 1998. 15. Incorporated by reference to Post-Effective Amendment No. 49 to Registrant's Registration Statement as filed with the Commission on April 30, 1998 16. Incorporated by reference to Post-Effective Amendment No. 50 to Registrant's Registration Statement as filed with the Commission on June 30, 1998 (12) Not applicable. (13) Not applicable. (14) Not applicable. (15) Conformed Copy of Plan of Distribution; 10 (16) Copy of Schedules for Computation of Performance Quotations; 2 (17) Copy of Financial Data Schedules; (16) (18) Not applicable. (19) Conformed Copy of Power of Attorney; 13 ITEM 25. Persons Controlled by or Under Common Control with Registrant: Not applicable. ITEM 26. Number of Holders of Securities: Title of Class Number of Record Holders as of _June 30, 1998_____ Tax Free Money Fund 140 NY Tax Free Money Fund 115 Cash Management Fund 231 Treasury Money Fund 680 Intermediate Tax Free Fund 79 Small Cap Fund 573 Pacific Basin Equity Fund 194 BT Investment Lifecycle Short Range Fund 59 BT Investment Lifecycle Mid Range Fund 43 BT Investment Lifecycle Long Range Fund 46 Latin American Equity Fund 292 International Equity Fund 14,373 Global High Yield Securities Fund 176 Capital Appreciation Fund 281 Global Emerging Markets Equity Fund 0 International Small Company Equity Fund 0 Intermediate Bond Fund 0 ITEM 27. Indemnification; 11 2. Incorporated by reference to Post-Effective Amendment No. 14 to Registrant's Registration Statement as filed with the Commission on February 13, 1992. 10. Incorporated by reference to Post-Effective Amendment No. 40 to Registrant's Registration Statement as filed with the Commission on January 30, 1997. 11. Incorporated by reference to Post-Effective Amendment No. 38 to Registrant's Registration Statement as filed with the Commission on April 29, 1996. 13. Incorporated by reference to Post-Effective Amendment No. 45 to Registrant's Registration Statement as filed with the Commission on September 10, 1997. 16. Incorporated by reference to Post-Effective Amendment No. 50 to Registrant's Registration Statement as filed with the Commission on June 30, 1998 ITEM 28. Business and Other Connections of Investment Adviser: Bankers Trust serves as investment adviser to each Fund's Portfolio. Bankers Trust, a New York banking corporation, is a wholly owned subsidiary of Bankers Trust New York Corporation. Bankers Trust conducts a variety of commercial banking and trust activities and is a major wholesale supplier of financial services to the international institutional market. To the knowledge of the Trust, none of the directors or officers of Bankers Trust, except those set forth below, is or has been at anytime during the past two fiscal years engaged in any other business, profession, vocation or employment of a substantial nature, except that certain directors and officers also hold various positions with and engage in business for Bankers Trust New York Corporation. Set forth below are the names and principal businesses of the directors and officers of Bankers Trust who are or during the past two fiscal years have been engaged in any other business, profession, vocation or employment of a substantial nature. These persons may be contacted c/o Bankers Trust Company, 130 Liberty Street, New York, New York 10006. George B. Beitzel, International Business Machines Corporation, Old Orchard Road, Armonk, NY 10504. Director, Bankers Trust Company; Retired senior vice president and Director, International Business machines Corporation; Director, Computer Task Group; Director, Phillips Petroleum Company; Director, Caliber Systems, Inc. (formerly, Roadway Services Inc.); Director, Rohm and Haas Company; Director, TIG Holdings; Chairman emeritus of Amherst College; and Chairman of the Colonial Willimsburg Foundation. Richard H. Daniel, Bankers Trust Company, 130 Liberty Street, New York, New York 10006. Vice chairman and chief financial officer, Bankers Trust Company and Bankers Trust New York Corporation; Beneficial owner, general partner, Daniel Brothers, Daniel Lingo & Assoc., Daniel Pelt & Assoc.; Beneficial owner, Rhea C. Daniel Trust. Philip A. Griffiths, Bankers Trust Company, 130 Liberty Street, New York, New York 10006. Director, Institute for Advanced Study; Director, Bankers Trust Company; Chairman, Committee on Science, Engineering and Public Policy of the National Academies of Sciences and Engineering & the Institute of Medicine; and Chairman and member, Nominations Committee and Committee on Science and Engineering Indicators, National Science Board; Trustee, North Carolina School of Science and Mathematics and the Woodward Academy. William R. Howell, J.C. Penney Company, Inc., P.O. Box 10001, Plano, TX 75301-0001. Chairman Emeritus, J.C. Penney Company, Inc.; Director, Bankers Trust Company; Director, Exxon Corporation; Director, Halliburton Company; Director, Warner-Lambert Corporation; Director, The Williams Companies, Inc.; and Director, National Retail Federation. Vernon E. Jordan, Jr., Akin, Gump, Strauss, Hauer & Feld, LLP, 1333 New Hampshire Ave., N.W., Washington, DC 20036. Senior Partner, Akin, Gump, Strauss, Hauer & Feld, LLP; Director, Bankers Trust Company; Director, American Express Company; Director, Dow-Jones, Inc.; Director, J.C. Penney Company, Inc.; Director, Revlon Group Incorporated; Director, Ryder System, Inc.; Director, Sara Lee Corporation; Director, Union Carbide Corporation; Director, Xerox Corporation; Trustee, Brookings Institution; Trustee, The Ford Foundation; and Trustee, Howard University. David Marshall, 130 Liberty Street, New York, New York 10006. Chief Information Officer and Executive Vice President, Bankers Trust New York Corporation; Senior Managing Director, Bankers Trust Company. Hamish Maxwell, Philip Morris Companies Inc., 120 Park Avenue, New York, NY 10006. Retired Chairman and Chief Executive Officer, Philip Morris Companies Inc.; Director, Bankers Trust Company; Director, The News Corporation Limited; Director, Sola International Inc.; and Chairman, WWP Group pic. Frank N. Newman, Bankers Trust Company, 130 Liberty Street, New York, New York 10006. Chairman of the Board, Chief Executive Officer and President, Bankers Trust New York Corporation and Bankers Trust Company; Director, Bankers Trust Company; Director, Dow-Jones, Inc.; and Director, Carnegie Hall. N.J. Nicholas Jr., 745 Fifth Avenue, New York, NY 10020. Director, Bankers Trust Company; Director, Boston Scientific Corporation; and Director, Xerox Corporation. Russell E. Palmer, The Palmer Group, 3600 Market Street, Suite 530, Philadelphia, PA 19104. Chairman and Chief Executive Officer of The Palmer Group; Director, Bankers Trust Company; Director, Allied-Signal Inc.; Director, Federal Home Loan Mortgage Corporation; Director, GTE Corporation; Director, The May Department Stores Company; Director, Safeguard Scientifics, Inc.; and Trustee, University of Pennsylvania. Donald L. Staheli, Bankers Trust Company, 130 Liberty Street, New York, New York 10006. Chairman of the Board and Chief Executive Officer, Continental Grain Company; Director, Bankers Trust Company; Director, ContiFinancial Corporation; Director, Prudential Life Insurance Company of America; Director, Fresenius Medical Care, A.g.; Director, America-China Society; Director, National Committee on United States-China Relations; Director, New York City Partnership; Chairman, U.S.-China Business Council; Chairman, Council on Foreign Relations; Chairman, National Advisor Council of Brigham Young University's Marriott School of Management; Vice Chairman, The Points of Light Foundation; and Trustee, American Graduate School of International Management. Patricia Carry Stewart, c/o Office of the Secretary, 130 Liberty Street, New York, NY 10006. Director, Bankers Trust Company; Director, CVS Corporation; Director, Community Foundation for Palm Beach and Martin Counties; Trustee Emerita, Cornell University. George J. Vojta, Bankers Trust Company, 130 Liberty Street, New York, NY 10006. Vice Chairman, Bankers Trust New York Corporation and Bankers Trust Company; Director, bankers Trust Company; Director; Alicorp S.A.; Director; Northwest Airlines; Director, Private Export Funding Corp.; Director, New York State Banking Board; Director, St. Lukes-Roosevelt Hospital Center; Partner, New York City Partnership; and Chairman, Wharton Financial Services Center. Paul A. Volcker, Bankers Trust Company, 130 Liberty Street, New York, New York 10006. Director, Bankers Trust Company; Director, American Stock Exchange; Director, Nestle S.A.; Director, Prudential Insurance Company; Director, UAL Corporation; Chairman, Group of 30; North American Chairman, Trilateral Commission; Co-Chairman, Bretton Woods Committee; Co-Chairman, U.S./Hong Kong Economic Cooperation Committee; Director, American Council on Germany; Director, Aspen Institute; Director, Council on Foreign Relations; Director, The Japan Society; and Trustee, The American Assembly. Melvin A. Yellin, Bankers Trust Company, 130 Liberty Street, New York, New York 10006. Senior Managing Director and General Counsel of Bankers Trust New York Corporation and Bankers Trust Company; Director, 1136 Tenants Corporation; and Director, ABA Securities Association. ITEM 29. Principal Underwriters (a) Edgewood Services, Inc. the Distributor for shares of the Registrant, acts as principal underwriter for the following open-end investment companies, including the Registrant: BT Advisor Funds, BT Institutional Funds, BT Investment Funds, BT Pyramid Mutual Funds, Deutsche Portfolios, Deutsche Funds, Inc., Excelsior Funds, Excelsior Funds, Inc., (formerly, UST Master Funds, Inc.), Excelsior Institutional Trust, Excelsior Tax-Exempt Funds, Inc. (formerly, UST Master Tax-Exempt Funds, Inc.), FTI Funds, FundManager Portfolios, Great Plains Funds, Marketvest Funds, Marketvest Funds, Inc., Old Westbury Funds, Inc., Robertsons Stephens Investment Trust, WesMark Funds and WCT Funds. (b) (1) (2) (3) Name and Principal Positions and Offices Positions and Offices Business Address With Distributor With Registrant Lawrence Caracciolo Director, President, -- 5800 Corporate Drive Edgewood Services, Inc. Pittsburgh, PA 15237-5829 Arthur L. Cherry Director, -- 5800 Corporate Drive Edgewood Services, Inc. Pittsburgh, PA 15237-5829 J. Christopher Donahue Director, -- 5800 Corporate Drive Edgewood Services, Inc. Pittsburgh, PA 15237-5829 Ronald M. Petnuch Vice President, President 5800 Corporate Drive Edgewood Services, Inc. and Treasurer Pittsburgh, PA 15237-5829 Thomas P. Schmitt Vice President, -- 5800 Corporate Drive Edgewood Services, Inc. Pittsburgh, PA 15237-5829 Thomas P. Sholes Vice President, -- 5800 Corporate Drive Edgewood Services, Inc. Pittsburgh, PA 15237-5829 Ernest L. Linane Assistant Vice President, -- 5800 Corporate Drive Edgewood Services, Inc. Pittsburgh, PA 15237-5829 S. Elliott Cohan Secretary, Assistant 5800 Corporate Drive Edgewood Services, Inc. Secretary Pittsburgh, PA 15237-5829 Thomas J. Ward Assistant Secretary, -- 5800 Corporate Drive Edgewood Services, Inc. Pittsburgh, PA 15237-5829 Kenneth W. Pegher, Jr. Treasurer, -- 5800 Corporate Drive Edgewood Services, Inc. Pittsburgh, PA 15237-5829 (c) Not Applicable. ITEM 30. Location of Accounts and Records: BT INVESTMENT FUNDS: 5800 Corporate Drive (Registrant) Pittsburgh, PA 15237-7010 BANKERS TRUST COMPANY: 130 Liberty Street (Investment Adviser, New York, NY 10006 Administrator, and Custodian) INVESTORS FIDUCIARY 127 West 10th Street, TRUST COMPANY: Kansas City, MO 64105 (Transfer Agent and Dividend Disbursing Agent) EDGEWOOD SERVICES, INC.: 5800 Corporate Drive (Distributor) Pittsburgh, PA 15237-5829 ITEM 31. Management Services: Not applicable. ITEM 32. Undertakings: The Registrant undertakes to furnish to each person to whom a prospectus is delivered a copy of the Registrant's latest annual report, with respect to the respective series of the Trust, to shareholders upon request and without charge. The Registrant undertakes to comply with Section 16(c) of the 1940 Act as though such provisions of the Act were applicable to the Registrant except that the request referred to in the third full paragraph thereof may only be made by shareholders who hold in the aggregate at least 10% of the outstanding shares of the Registrant, regardless of the net asset value or values of shares held by such requesting shareholders. SIGNATURES Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant, BT INVESTMENT FUNDS, certifies that it meets all of the requirements for effectiveness of this Amendment to its Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933 and has duly caused this Amendment to its Registration Statement to be signed on its behalf by the undersigned, thereto duly authorized, in the City of Pittsburgh and the Commonwealth of Pennsylvania on the 4th day of August, 1998. BT INVESTMENT FUNDS By: /s/ Jay S. Neuman Jay S. Neuman, Secretary August 4, 1998 Pursuant to the requirements of the Securities Act of 1933, this Amendment to its Registration Statement has been signed below by the following persons in the capacity and on the date indicated: NAME TITLE DATE By: /s/ Jay S. Neuman Attorney in Fact August 4, 1998 Jay S. Neuman For the Persons SECRETARY Listed Below /s/ RONALD M. PETNUCH* President and Treasurer Ronald M. Petnuch (Chief Executive Officer, Principal Financial and Accounting Officer) /s/ S. LELAND DILL* Trustee S. Leland Dill /s/ KELVIN J. LANCASTER* Trustee Kelvin J. Lancaster /s/ PHILIP SAUNDERS, JR.* Trustee Philip Saunders, Jr. *By Power of Attorney SIGNATURES BT INVESTMENT PORTFOLIOS has duly caused this Post Effective Amendment No. 52 to the Registration Statement on Form N-1A of BT Investment Funds to be signed on their behalf by the undersigned, thereto duly authorized, in the City of Pittsburgh and the Commonwealth of Pennsylvania on the 4th day of August, 1998. BT INVESTMENT PORTFOLIOS By: /s/ Jay S. Neuman Jay S. Neuman, Secretary August 4, 1998 This Post Effective Amendment No. 52 to the Registration Statement of BT Investment Funds has been signed below by the following persons in the capacities indicated with respect to Intermediate Bond Fund, a series of BT INVESTMENT PORTFOLIOS. NAME TITLE DATE By: /s/ Jay S. Neuman Attorney in Fact August 4, 1998 Jay S. Neuman For the Persons SECRETARY Listed Below /s/ RONALD M. PETNUCH* President and Treasurer Ronald M. Petnuch (Chief Executive Officer, Principal Financial and Accounting Officer) /s/ CHARLES P. BIGGAR* Trustee Charles P. Biggar /s/ S. LELAND DILL* Trustee S. Leland Dill /s/ PHILIP SAUNDERS, JR.* Trustee Philip Saunders, Jr. *By Power of Attorney -----END PRIVACY-ENHANCED MESSAGE-----