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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
(Rule 13d-101)
(Amendment No. 4)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
The Brazil Fund, Inc.
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
105759104
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(CUSIP Number)
Barry M. Olliff
c/o City of London Investment Management Company Limited
10 Eastcheap, London EC3M ILX, England
+44 207 711 0771
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(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
March 31, 2006
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(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), (f) or (g), check the following box / /.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 or otherwise subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act.
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CUSIP NO. 105759104 13D PAGE 2 of 5
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
City of London Investment Group PLC, a company incorporated under
the laws of England and Wales.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) [_]
(B) [_]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
[_]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
England and Wales
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NUMBER OF 7 SOLE VOTING POWER
SHARES 1,497,600
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BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING 1,497,600
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PERSON 10 SHARED DISPOSITIVE POWER
WITH 0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,497,600
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
[_]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.22%
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14 TYPE OF REPORTING PERSON*
HC
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(Page 2 of 5 Pages)
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CUSIP NO. 105759104 13D PAGE 3 of 5
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
City of London Investment Management Company Limited, a company
incorporated under the laws of England and Wales.
------------ -------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) [_]
(B) [_]
------------ -------------------------------------------------------------------
3 SEC USE ONLY
------------ -------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
------------ -------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
[_]
------------ -------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
England and Wales
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NUMBER OF 7 SOLE VOTING POWER
SHARES 1,497,600
------------ ------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
------------ ------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 1,497,600
------------ ------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 0
------------ -------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,497,600
------------ -------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
[_]
------------ -------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.22%
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14 TYPE OF REPORTING PERSON*
IA
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(Page 3 of 5 Pages)
This Amendment No. 4 to Schedule 13D (this "Amendment No. 4") should be read in
conjunction with the Schedule 13D filed with the U.S. Securities and Exchange
Commission (the "SEC") on August 5, 2005 (the "Original Schedule 13D"), with
Amendment No. 1 to Schedule 13D filed with the SEC on September 2, 2005
("Amendment No. 1"), with Amendment No. 2 to Schedule 13D filed with the SEC on
November 1, 2005 ("Amendment No. 2"), and Amendment No. 3 to Schedule 13D filed
with the SEC on December 7, 2005 ("Amendment No. 3", and, together with
Amendment No. 1, Amendment No. 2, and Amendment No. 3, the "Amendments") by City
of London Investment Group PLC ("City of London") and City of London Investment
Management Company Limited relating to the shares of common stock, par value
$0.01 per share (the "Shares"), of The Brazil Fund, Inc. (the "Fund"). This
Amendment No. 4 amends Item 5 of the Original Schedule 13D. All other
information in the Original Schedule 13D remains in effect. All capitalized
terms used herein and not otherwise defined shall have the meanings ascribed
thereto in the Original Schedule 13D.
ITEM 5. INTERESTS IN SECURITIES OF THE ISSUER.
Items 5(a) and 5(b) below are hereby amended and restated in their entirety
and Item 5(c) is hereby amended as follows:
(a) and (b). As of the date hereof, EWF, GEM, IEM, FREE, GFM, and Accounts
owned 110,000, 306,704, 320,275, 322,280, 43,812, and 394,529 Shares,
respectively, representing approximately 0.68%, 1.89%, 1.97%, 1.98%, 0.27%,
and 2.43%, respectively, of the Shares outstanding (based on the most
recent Share information publicly disclosed by the Fund).
As of the date hereof, CLIG, through its control of CLIM, is the beneficial
owner of 1,497,600 Shares, representing approximately 9.22% of the Shares
outstanding (based on the most recent Share information publicly disclosed
by the Fund).
As of the date hereof, CLIM, through EWF, GEM, IEM, FREE, GFM, and
Accounts, is the beneficial owner 1,497,600 Shares, representing
approximately 9.22% of the Shares outstanding (based on the most recent
Share information publicly disclosed by the Fund).
(c). Except as described below, no transactions in the Shares were effected
by the Reporting Persons, or, to their knowledge, any of the persons
identified in Item 2, in the last 60 days.
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PORTFOLIO TRADE TRANSACTION NUMBER TRADE
DATE TYPE OF SHARES PRICE
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FREE 3/2/2006 BUY 1,100 62.33
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FREE 3/6/2006 BUY 10,000 60.0738
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FREE 3/7/2006 BUY 7,500 58.0082
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ACCOUNTS 3/7/2006 BUY 2,500 58.0082
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(Page 4 of 5 Pages)
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FREE 3/8/2006 BUY 7,500 55.9167
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ACCOUNTS 3/8/2006 BUY 2,500 55.9167
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FREE 3/9/2006 BUY 2,700 56
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EWF 3/15/2006 BUY 1,600 59.25
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GFM 3/16/2006 BUY 1,950 60.1613
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ACCOUNTS 3/16/2006 BUY 10,350 60.1613
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EWF 3/17/2006 BUY 4,000 59.8439
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FREE 3/20/2006 BUY 2,000 59.7229
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FREE 3/21/2006 BUY 10,300 58.1464
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FREE 3/22/2006 BUY 7,000 57.8733
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FREE 3/23/2006 BUY 10,000 58.3965
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GFM 3/27/2006 BUY 4,400 59.3696
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ACCOUNTS 3/27/2006 BUY 43,500 59.3696
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ACCOUNTS 3/30/2006 BUY 1,900 59.904
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Dated: April 10, 2006
CITY OF LONDON INVESTMENT GROUP PLC
/s/ Barry M. Olliff
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Name: Barry M. Olliff
Title: Director
CITY OF LONDON INVESTMENT MANAGEMENT
COMPANY LIMITED
/s/ Barry M. Olliff
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Name: Barry M. Olliff
Title: Director
(Page 5 of 5 Pages)