Thursday, April 21, 2005,
New York City, Metropolitan Club
One East 60th Street
New York, NY 10022

Event Sponsors

First Trust Advisors L.P. is currently responsible for managing or supervising over $16 billion in assets, as of 1/31/05. In addition to supervision of First Trust Defined Portfolios, First Trust Advisors also manages investments for charitable foundations and endowments, high net worth clients, pension and retirement systems, profit-sharing plans, mutual funds, and insurance companies through its separately managed accounts...more.

The American Stock Exchange® (Amex®) is the only primary exchange that offers trading across a full range of equities, options, closed-end funds and exchange traded funds (ETFs), including structured products and HOLDRSSM. In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993....more.

The Adams Express Company is a diversified equity investment company with a conservative investment philosophy that we believe is suitable as a core holding for long-term investors. The investment objectives of Adams Express are preservation of capital, the attainment of reasonable income from investments and an opportunity for capital appreciation. The Company has paid dividends every year for the last 70 years....more.

The Chicago Board Options Exchange (CBOE) is the world's first options risk management marketplace. CBOE options are SEC-regulated and cleared by the triple-A-rated Options Clearing Corporation. In 2002 the CBOE introduced the first major benchmark for options performance, the CBOE S&P 500 BuyWrite Index (BXM)....more.

The Central Europe and Russia Fund, Inc. is a non-diversified, closed-end investment company seeking capital appreciation primarily through investment in Central European and Russian equities. Its benchmark is comprised of 45% CECE (Central Europe), 45% RTX (Russia), and 10% ISE National 30 (Turkey) effective April 1, 2004. Its net assets aggregated $333.5 million as of March 31, 2005....more.

Cohen & Steers, founded in 1986, is an investment management firm specializing in high-income equity portfolios. As an industry leader, we maintain a strategic focus on REITs and global real estate securities, utilities and other high-yielding common stocks, as well as preferred securities...more.

Deutsche Asset Management is a leading global asset management organization, with over 8000 people in the world´s major financial centers. This allows Deutsche Asset Management to achieve truly global coverage of markets and sectors. Deutsche Asset Management provide investment services to clients from over 60 countries, who have entrusted the firm with approximately EUR 536.1 bn* (USD 730.5) in assets under management....more.

Barclays Global Investors (BGI) is one of the world's largest asset managers, with $1.2 trillion in assets as of 10/31/04 for over 2,500 clients in 47 countries around the world. BGI is one of the world's largest providers of structured investment strategies, running more than 2,300 funds globally...more.

Objective
This fund seeks long-term capital appreciation through investment in Korean securities.

Mercury Advisors is a division of Merrill Lynch Investment Managers, one of the world’s leading financial management and advisory companies. Dedicated to the non-proprietary distribution of an extensive array of investment solutions for high net worth investors, including separately managed accounts, private investment portfolios, alternative investment products and open and closed end funds, the firm manages more than $513 billion in client assets worldwide.....more.

The New Ireland Fund (IRL) (the "Fund") is a non-diversified closed-end management investment company registered under the U.S. Investment Company Act of 1940. Its investment objective is long-term capital appreciation through investment primarily in equity securities of Irish companies. The Fund is designed for U.S. and other investors who wish to participate in the Irish securities markets. . ....more.

The New Germany Fund is a non-diversified, closed-end investment company seeking capital appreciation primarily through investment in the Mittelstand - an important group of small and mid-cap. German companies. Its benchmark is now the new Midcap Market Performance Index, calculated by the Deutsche Börse. The Fund may invest up to 35% of its assets in large cap. German companies, and up to 20% in other Western European companies. Its net assets aggregated $270.4 million as of March 31, 2005. . ....more.

W. H. Reaves & Co., Inc. is an employee owned, research based, forty-three year old investment management company. The firm has a 25-year AIMR compliant performance record and a history of constructing portfolios with attractive risk/return characteristics....more

Since our beginning in 1975, Vanguard has grown to become one of the world’s largest investment management companies. Headquartered in Malvern, Pennsylvania, Vanguard provides an extensive array of investment products and services to individual investors, institutions, employer-sponsored retirement plans, and financial professionals. Vanguard manages approximately $800 billion in U.S. assets in more than 125 U.S.-based mutual funds, and offers more than 40 additional funds in foreign markets....more.

Polaris Securities Investment Trust Company Ltd. ( Polaris SITC ) is an asset management company based in Taiwan. It was established in September, 1992 and its assets under management at the end of January, 2005 were U.S.$ 3.5 billion. It is 52 % owned by Polaris Financial Group, one of the leading financial services groups in Taiwan. Due to its outstanding achievements in the investment management industry, Polaris SITC has received several awards, including " The Best Fund House- Taiwan " award given by Asian Investor magazine in 2004.....more.