Morgan Stanley Dean Witter of New York is planning to offer a new tax-managed fund.

The Dean Witter Tax-Managed Growth Fund will invest at least 65 percent of its assets in companies with market capitalizations of $1 billion or more, according to a registration statement the fund filed with the SEC Dec. 30. The fund's investment objective is to invest in securities with the potential for growth rather than income while attempting to reduce the tax consequences on returns, according to the registration statement.

Morgan Stanley Dean Witter Advisors, a wholly owned subsidiary of Morgan Stanley Dean Witter & Co., is the investment manager for the fund. Morgan Stanley Dean Witter Investment Management is the fund's sub-adviser.

The primary managers for the fund will be Philip Friedman, Margaret Johnson and William Auslander.

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