-----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, Az252/Uh5KWNKDcwe61ChUfMMARGLVJeAVGQyQR9ksiFP3UhiOlMIqqods4EVtff xnPOLQSsGOZentUKiZ0OIg== /in/edgar/work/20000721/0001074226-00-000067/0001074226-00-000067.txt : 20000920 0001074226-00-000067.hdr.sgml : 20000920 ACCESSION NUMBER: 0001074226-00-000067 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000721 GROUP MEMBERS: I.G. INVESTMENT MANAGEMENT, LTD. GROUP MEMBERS: INVESTORS GLOBAL FUND GROUP MEMBERS: INVESTORS GROUP INC GROUP MEMBERS: INVESTORS GROUP INC. GROUP MEMBERS: INVESTORS GROUP TRUST CO. LTD. GROUP MEMBERS: INVESTORS GROUP TRUSTCO INC. GROUP MEMBERS: INVESTORS U.S. GROWTH FUND GROUP MEMBERS: INVESTORS U.S. OPPORTUNITIES FUND SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PRESIDENTIAL LIFE CORP CENTRAL INDEX KEY: 0000080124 STANDARD INDUSTRIAL CLASSIFICATION: [6311 ] IRS NUMBER: 132652144 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-31681 FILM NUMBER: 676485 BUSINESS ADDRESS: STREET 1: 69 LYDECKER ST CITY: NYACK STATE: NY ZIP: 10960 BUSINESS PHONE: 9143582300 MAIL ADDRESS: STREET 1: 69 LYDECKER ST CITY: NYACK STATE: NY ZIP: 10960 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: INVESTORS GROUP INC CENTRAL INDEX KEY: 0001074226 STANDARD INDUSTRIAL CLASSIFICATION: [ ] IRS NUMBER: 000000000 STATE OF INCORPORATION: A2 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: ONE CANADA CENTRE 447 PORTAGE AVENUE STREET 2: WINNIPEG MANITOBA CITY: WINNIPEG CANADA BUSINESS PHONE: 2049568444 MAIL ADDRESS: STREET 1: ONE CANADA CENTRE STREET 2: 447 PORTAGE AVENUE R3C 3B6 CITY: WINNIPEG MANITOBA STATE: A2 SC 13G 1 0001.txt SCHEDULE 13G 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION PURSUANT TO RULES 13d-1 AND 13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. --)* PRESIDENTIAL LIFE CORPORATION (Name of Issuer) COMMON STOCK (Title of Class of Securities) 740884101 (CUSIP Number) JULY 11, 2000 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [ X ] Rule 13d-1(c) [ ] Rule 13d-1(d) Check the following box if a fee is being paid with this statement [ ]. *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 the disclosures provided in a prior cover page. The information required in 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 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). 2 Page 2 of 13 CUSIP NO. 740884101 13G 1. Names of Reporting Person(s). I.R.S. Identification Nos. of above person(s) (entities only). Investors Global Fund Reporting Person, a non-U.S. entity, has no I.R.S. Identification Number 2. Check the Appropriate Box if a member of a Group (See Instructions) (a) [ ] (b) [ ] 3. SEC Use Only 4. Citizenship or Place of Organization Manitoba, Canada Number of Shares 5. Sole Voting Power 0 Beneficially Owned 6. Shared Voting Power 0 by Each Reporting 7. Sole Dispositive Power 0 Person With 8. Shared Dispositive Power 0 9. Aggregate Amount Beneficially Owned by Each Reporting Person 0 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] 11. Percent of Class Represented by Amount in Row (9): 0.0% 12. Type of Reporting Person (See Instructions) 00 Open-end mutual fund trust governed by the laws of the Province of Manitoba, Canada) 2A 3 Page 3 of 13 CUSIP NO. 740884101 13G 1. Names of Reporting Person(s). I.R.S. Identification Nos. of above person(s) (entities only). Investors U.S. Growth Fund Reporting Person, a non-U.S. entity, has no I.R.S. Identification Number 2. Check the Appropriate Box if a member of a Group (See Instructions) (a) [ ] (b) [ ] 3. SEC Use Only 4. Citizenship or Place of Organization Manitoba, Canada Number of Shares 5. Sole Voting Power 0 Beneficially Owned 6. Shared Voting Power 1,073,600 by Each Reporting 7. Sole Dispositive Power 0 Person With 8. Shared Dispositive Power 1,073,600 9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,073,600 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] 11. Percent of Class Represented by Amount in Row (9): 3.5% 12. Type of Reporting Person (See Instructions) 00 Open-end mutual fund trust governed by the laws of the Province of Manitoba, Canada) 2B 4 Page 4 of 13 CUSIP NO. 740884101 13G 1. Names of Reporting Person(s). I.R.S. Identification Nos. of above person(s) (entities only). Investors U.S. Opportunities Fund Reporting Person, a non-U.S. entity, has no I.R.S. Identification Number 2. Check the Appropriate Box if a member of a Group (See Instructions) (a) [ ] (b) [ ] 3. SEC Use Only 4. Citizenship or Place of Organization Manitoba, Canada Number of Shares 5. Sole Voting Power 0 Beneficially Owned 6. Shared Voting Power 443,100 by Each Reporting 7. Sole Dispositive Power 0 Person With 8. Shared Dispositive Power 443,100 9. Aggregate Amount Beneficially Owned by Each Reporting Person 443,100 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] 11. Percent of Class Represented by Amount in Row (9): 1.5% 12. Type of Reporting Person (See Instructions) 00 Open-end mutual fund trust governed by the laws of the Province of Manitoba, Canada) 2C 5 Page 5 of 13 CUSIP NO. 740884101 13G 1. Names of Reporting Person(s). I.R.S. Identification Nos. of above person(s) (entities only). I.G. Investment Management, Ltd. Reporting Person, a non-U.S. entity, has no I.R.S. Identification Number 2. Check the Appropriate Box if a member of a Group (See Instructions) (a) [ ] (b) [ ] 3. SEC Use Only 4. Citizenship or Place of Organization Canada Number of Shares 5. Sole Voting Power 0 Beneficially Owned 6. Shared Voting Power 1,516,700 by Each Reporting 7. Sole Dispositive Power 0 Person With 8. Shared Dispositive Power 1,516,700 9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,516,700 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] 11. Percent of Class Represented by Amount in Row (9): 5.0% 12. Type of Reporting Person (See Instructions) CO (Corporation governed by the Canada Business Corporations Act), IA (Canadian) 2D 6 Page 6 of 13 CUSIP NO. 740884101 13G 1. Names of Reporting Person(s). I.R.S. Identification Nos. of above person(s) (entities only). Investors Group Trust Co. Ltd. Reporting Person, a non-U.S. entity, has no I.R.S. Identification Number. 2. Check the Appropriate Box if a member of a Group (See Instructions) (a) [ ] (b) [ ] 3. SEC Use Only 4. Citizenship or Place of Organization Manitoba, Canada Number of Shares 5. Sole Voting Power 0 Beneficially Owned 6. Shared Voting Power 1,516,700 by Each Reporting 7. Sole Dispositive Power 0 Person With 8. Shared Dispositive Power 1,516,700 9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,516,700 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] 11. Percent of Class Represented by Amount in Row (9): 5.0% 12. Type of Reporting Person (See Instructions) CO (Corporation governed by the Manitoba Corporations Act) 2E 7 Page 7 of 13 CUSIP NO. 740884101 13G 1. Name of Reporting Person(s). I.R.S. Identification Nos. of above person(s) (entities only). Investors Group Inc. Reporting Person, a non-U.S. entity, has no I.R.S. Identification Number. 2. Check the Appropriate Box if a member of a Group (See Instructions) (a) [ ] (b) [ ] 3. SEC Use Only 4. Citizenship or Place of Organization Canada Number of Shares 5. Sole Voting Power 0 Beneficially Owned 6. Shared Voting Power 1,516,700 by Each Reporting 7. Sole Dispositive Power 0 Person With 8. Shared Dispositive Power 1,516,700 9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,516,700 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] 11. Percent of Class Represented by Amount in Row (9): 5.0% 12. Type of Reporting Person (See Instructions) CO (Corporation governed by the Canada Business Corporations Act), HC 2F 8 Page 8 of 13 CUSIP NO. 740884101 13G 1. Name of Reporting Person(s). I.R.S. Identification Nos. of above person(s) (entities only). Investors Group Trustco Inc. Reporting Person, a non-U.S. entity, has no I.R.S. Identification Number. 2. Check the Appropriate Box if a member of a Group (See Instructions) (a) [ ] (b) [ ] 3. SEC Use Only 4. Citizenship or Place of Organization Canada Number of Shares 5. Sole Voting Power 0 Beneficially Owned 6. Shared Voting Power 1,516,700 by Each Reporting 7. Sole Dispositive Power 0 Person With 8. Shared Dispositive Power 1,516,700 9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,516,700 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] 11. Percent of Class Represented by Amount in Row (9): 5.0% 12. Type of Reporting Person (See Instructions) CO (Corporation governed by the Canada Business Corporations Act), HC 2G 9 Page 9 of 13 ITEM 1(a) NAME OF ISSUER: Presidential Life Corporation ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 69 Lydecker Street Nyack, New York 10960 ITEM 2(a) NAME OF PERSON FILING: This joint statement is filed by and on behalf of the following Reporting Persons signing this Schedule 13G and are hereafter referred to as the "Reporting Persons": Investors Group Inc. ("IGI"), Investors Group Trustco Inc. ("Trustco"), Investors Group Trust Co. Ltd. (the "Trustee"), I.G. Investment Management, Ltd. (the "Management Company"), and Investors Global Fund, Investors U.S. Growth Fund and Investors U.S. Opportunities Fund (collectively the "Funds"). ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: All of the Reporting Persons have their principal places of business at: One Canada Centre 447 Portage Avenue Winnipeg, Manitoba R3C 3B6 ITEM 2(c) CITIZENSHIP: IGI is a corporation formed under the Canada Business Corporations Act. It is a diversified-financial services holding company. Trustco is a corporation formed under the Canada Business Corporations Act. It is a holding company. The Management Company is a corporation formed under the Canada Business Corporations Act. It provides management services to the Funds. The Trustee is a corporation formed under the Manitoba Corporations Act. It is the trustee for the Unitholders of the Funds and serves as the trustee for other open-end mutual fund trusts organized and affiliated with IGI. The Funds are open-end mutual fund trusts of which the Unitholders are beneficiaries established in accordance with a Declaration of Trust under the laws of Manitoba, Canada. IGI owns 100% of the issued and outstanding Class A Common Shares of Trustco. Trustco owns 100% of the issued and outstanding Class A Common Shares of the Management Company. Trustco also owns, directly or indirectly, 100% of the issued and outstanding Common Shares of the Trustee. Trustco, the Management Company, the Trustee, and the Funds are ultimately controlled by IGI through its ownership of 100% of the issued and outstanding Class A Common Shares of Trustco. 10 Page 10 of 13 Power Financial Corporation owns 67.7% of the common stock of Investors Group Inc. Power Corporation of Canada, of which Mr. Paul Desmarais controls 67.7% of the voting power, owns 67.5% of the common stock of Power Financial Corporation. ITEM 2(d) TITLE OF CLASS OF SECURITIES: The class of equity securities to which this statement on Schedule 13G relates is the Common Stock, par value $.01 per share of Presidential Life Corporation, a Delaware corporation. ITEM 2(e) CUSIP NUMBER: 460254105 ITEM 3 IF THIS STATEMENT IS FILED PURSUANT TO SECTIONS 240.13d-1(b), OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C.78c). (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8). (e) [ ] An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with 240.13d-1(b)(1)(ii)(J). If this statement is filed pursuant to Rule 13d-1(c), check this box. [ x ] ITEM 4 OWNERSHIP. Incorporated by reference to items (5) - (9) and (11) of the cover page pertaining to each Reporting Person. 11 Page 11 of 13 ITEM 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: [ X ] ITEM 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. Not applicable ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. Not applicable ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. Not applicable ITEM 9 NOTICE OF DISSOLUTION OF GROUP. Not applicable ITEM 10 CERTIFICATION. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. 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. July 18, 2000 INVESTORS GROUP INC. By: /s/ Robert Gibson Darling ----------------- Robert Gibson Darling, Senior Vice-President of Investors Group Inc. 12 Page 12 of 13 July 18, 2000 INVESTORS GROUP TRUSTCO INC. By: /s/ David M.R. Cheop ----------------- David M.R. Cheop, Vice-President of Investors Group Trustco Inc. July 18, 2000 INVESTORS GROUP TRUST CO. LTD. By: /s/ Robert Gibson Darling ----------------- Robert Gibson Darling, Vice-President of Investors Group Trust Co. Ltd. July 18, 2000 I.G. INVESTMENT MANAGEMENT, LTD. By: /s/ Alexander Scott Penman ----------------- Alexander Scott Penman, President of I.G. Investment Management, Ltd. July 18, 2000 INVESTORS GLOBAL FUND By: /s/ Robert Gibson Darling ----------------- Robert Gibson Darling, Vice-President of Investors Group Trust Co. Ltd., as Trustee for Investors Global Fund July 18, 2000 INVESTORS U.S. GROWTH FUND By: /s/ Robert Gibson Darling ----------------- Robert Gibson Darling, Vice-President of Investors Group Trust Co. Ltd., as Trustee for Investors U.S. Growth Fund 13 Page 13 of 13 July 18, 2000 INVESTORS U.S. OPPORTUNTIES FUND By: /s/ Robert Gibson Darling ----------------- Robert Gibson Darling, Vice-President of Investors Group Trust Co. Ltd., as Trustee for Investors U.S. Opportunities Fund 14 Exhibit A Joint Filing Agreement ---------------------- In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13G referred to below) on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Common Stock, par value $.01 per share of Presidential Life Corporation, and that this Agreement be included as an Exhibit to such joint filing. This Agreement may be executed in any number of counterparts all of which taken together shall constitute one and the same instrument. IN WITNESS WHEREOF, the undersigned hereby execute this Agreement this 18th day of July, 2000. INVESTORS GROUP INC. By: /s/ Robert Gibson Darling ----------------- Robert Gibson Darling, Senior Vice-President of Investors Group Inc. INVESTORS GROUP TRUSTCO INC. By: /s/ David M.R. Cheop ----------------- David M.R. Cheop, Vice-President of Investors Group Trustco Inc. INVESTORS GROUP TRUST CO. LTD. By: /s/ Robert Gibson Darling ----------------- Robert Gibson Darling, Vice-President of Investors Group Trust Co. Ltd. 15 I.G. INVESTMENT MANAGEMENT, LTD. By: /s/ Alexander Scott Penman ----------------- Alexander Scott Penman, President of I.G. Investment Management, Ltd. INVESTORS GLOBAL FUND By: /s/ Robert Gibson Darling ----------------- Robert Gibson Darling, Vice-President of Investors Group Trust Co. Ltd., as Trustee for Investors Global Fund INVESTORS U.S. GROWTH FUND By: /s/ Robert Gibson Darling ----------------- Robert Gibson Darling, Vice-President of Investors Group Trust Co. Ltd., as Trustee for Investors U.S. Growth Fund INVESTORS U.S. OPPORTUNITIES FUND By: /s/ Robert Gibson Darling ----------------- Robert Gibson Darling, Vice-President of Investors Group Trust Co. Ltd., as Trustee for Investors U.S. Opportunities Fund -----END PRIVACY-ENHANCED MESSAGE-----