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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
(Rule 13d-101)
(Amendment No. 6)
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)
May 24, 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 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 415,100
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BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING 415,100
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PERSON 10 SHARED DISPOSITIVE POWER
WITH 0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
415,100
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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)
2.56%
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14 TYPE OF REPORTING PERSON*
HC
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(Page 2 of 6 Pages)
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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 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 415,100
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BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING 415,100
------------ ------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 0
------------ -------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
415,100
------------ -------------------------------------------------------------------
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)
2.56%
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14 TYPE OF REPORTING PERSON*
IA
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(Page 3 of 6 Pages)
This Amendment No. 6 to Schedule 13D (this "Amendment No. 6") 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"), with Amendment No. 3 to Schedule 13D filed
with the SEC on December 7, 2005 ("Amendment No. 3"), Amendment No. 4 to
Schedule 13D filed with the SEC on April 10, 2006 ("Amendment No. 4"), and
Amendment No. 5 to Schedule 13D filed with the SEC on May 22, 2006 ("Amendment
No. 5", and, together with Amendment No. 1, Amendment No. 2, Amendment No. 3,
Amendment No. 4, and Amendment No. 5, 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.
6 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 28,900, 63,304, 89,525, 143,300, 7,512, and 82,559
Shares, respectively, representing approximately 0.18%, 0.39%, 0.55%,
0.88%, 0.05%, and 0.51%, 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 415,100 Shares, representing approximately 2.56%
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 415,100 Shares, representing
approximately 2.56% 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 last filing.
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PORTFOLIO TRADE TRANSACTION NUMBER TRADE
DATE TYPE OF SHARES PRICE
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ACCOUNTS 4/3/2006 BUY 9,100 62.4013
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ACCOUNTS 4/5/2006 BUY 12,000 62.65
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(Page 4 of 6 Pages)
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ACCOUNTS 4/12/2006 BUY 1,100 61.2759
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GEM 4/12/2006 BUY 7,300 61.2759
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GFM I 4/12/2006 BUY 2,900 61.2759
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ACCOUNTS 4/27/2006 BUY 7,300 63.8881
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ACCOUNTS 5/1/2006 BUY 32,600 67.093
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EWF 5/1/2006 BUY 22,900 67.093
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GEM 5/1/2006 BUY 54,800 67.093
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GFM I 5/1/2006 BUY 4,400 67.093
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IEM 5/1/2006 BUY 39,700 67.093
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FREE 5/3/2006 BUY 75,000 67.8
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GEM 5/3/2006 BUY 18,100 67.8
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FREE 5/4/2006 BUY 27,200 68.585
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GEM 5/4/2006 BUY 15,000 68.585
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EWF 5/4/2006 SELL 15,000 68.585
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FREE 5/5/2006 BUY 9,700 68.8557
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FREE 5/8/2006 BUY 8,300 69.4361
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GEM 5/8/2006 BUY 12,400 69.4361
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ACCOUNTS 5/15/2006 BUY 18,300 61.9049
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ACCOUNTS 5/19/2006 SELL 246,120 61.1
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EWF 5/19/2006 SELL 32,000 61.1
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FREE 5/19/2006 SELL 86,880 61.1
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GEM 5/19/2006 SELL 200,000 61.1
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GFM I 5/19/2006 SELL 25,000 61.1
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IEM 5/19/2006 SELL 70,000 61.1
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ACCOUNTS 5/22/2006 BUY 48,550 57.3849
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EWF 5/22/2006 BUY 10,700 57.3849
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FREE 5/22/2006 BUY 10,800 57.3849
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IEM 5/22/2006 BUY 11,350 57.3849
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FREE 5/23/2006 BUY 25,800 60.3946
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ACCOUNTS 5/23/2006 SELL 194,800 60.3946
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EWF 5/23/2006 SELL 67,700 60.3946
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GEM 5/23/2006 SELL 151,000 60.3946
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GFM I 5/23/2006 SELL 18,600 60.3946
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IEM 5/23/2006 SELL 211,800 60.3946
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FREE 5/23/2006 SELL 258,000 60.3946
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FREE 5/24/2006 BUY 9,100 58.2363
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(Page 5 of 6 Pages)
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: May 25, 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 6 of 6 Pages)