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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
(Rule 13d-101)
(Amendment No. 2)
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.
(Name of Issuer)
Common Stock, par value $.01 per share
(Title of Class of Securities)
105759104
(CUSIP Number)
Barry M. Olliff
c/o City of London Investment Management Company Limited
10 Eastcheap, London EC3M ILX, England
+44 207 711 0771
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
November 1, 2005
(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 6
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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 1,223,900
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BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING 1,223,900
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PERSON 10 SHARED DISPOSITIVE POWER
WITH 0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,223,900
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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)
7.54%
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14 TYPE OF REPORTING PERSON*
HC
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Page 2 of 6
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CUSIP NO. 105759104 13D PAGE 3 of 6
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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.
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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
WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 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 1,223,900
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BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING 1,223,900
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PERSON 10 SHARED DISPOSITIVE POWER
WITH 0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,223,900
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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)
7.54%
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14 TYPE OF REPORTING PERSON*
IA
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Page 3 of 6
This Amendment No. 2 to Schedule 13D (this "Amendment No. 2") 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" and, together with Amendment No. 1, 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. 2 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, FOCUS, FREE, GEM, GFM, IEM,
TDX, and Accounts owned 104,400, 30,570, 163,667, 303,856, 37,122,
300,275, 4,000, and 280,010 Shares, respectively, representing
approximately 0.64%, 0.19%, 1.01%, 1.87%, 0.23%, 1.85%, 0.02%, and
1.72%, 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 1,223,900 Shares, representing approximately 7.54%
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, FOCUS
and the Accounts, is the beneficial owner 1,223,900 Shares,
representing approximately 7.54% 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, since the filing of the Schedule 13D.
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FUND TRADE TRANSACTION NUMBER OF TRADE
DATE TYPE SHARES PRICE
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IEM 9/2/2005 Purchase 3,700.00 41.7649
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Accounts 9/7/2005 Purchase 14,000.00 42.899
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EWF 9/7/2005 Purchase 15,000.00 42.899
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Page 4 of 6
FOCUS 9/7/2005 Purchase 5,000.00 42.899
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FREE 9/7/2005 Purchase 7,000.00 42.899
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GEM 9/7/2005 Purchase 40,000.00 42.899
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IEM 9/7/2005 Purchase 39,000.00 42.899
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TDX 9/14/2005 Sale 3,500.00 43.5469
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EWF 10/6/2005 Purchase 10,000.00 45.0629
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IEM 10/6/2005 Purchase 20,000.00 45.0629
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Accounts 10/6/2005 Purchase 32,500.00 45.0629
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IEM 10/12/2005 Purchase 6,200.00 46.7238
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Accounts 10/13/2005 Purchase 1,250.00 45.7624
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EWF 10/13/2005 Purchase 4,530.00 45.7624
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FOCUS 10/13/2005 Purchase 570 45.7624
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FREE 10/13/2005 Purchase 4,050.00 45.7624
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GEM 10/13/2005 Purchase 2,600.00 45.7624
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IEM 10/13/2005 Purchase 12,000.00 45.7624
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Accounts 10/14/2005 Purchase 15,600.00 45.7132
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GFM I 10/20/2005 Purchase 1,000.00 44.196
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IEM 10/20/2005 Purchase 9,000.00 44.196
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Page 5 of 6
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: November 1, 2005
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 6 of 6