UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                  SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934

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[ ]     Preliminary Proxy Statement
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[ ]     Definitive Proxy Statement
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                     FIRST INVESTORS SPECIAL BOND FUND, INC.
               FIRST INVESTORS TAX-EXEMPT MONEY MARKET FUND, INC.
                            EXECUTIVE INVESTORS TRUST
                        FIRST INVESTORS LIFE SERIES FUND
                FIRST INVESTORS MULTI-STATE INSURED TAX FREE FUND
                   FIRST INVESTORS CASH MANAGEMENT FUND, INC.
                      FIRST INVESTORS FUND FOR INCOME, INC.
                        FIRST INVESTORS GLOBAL FUND, INC.
                      FIRST INVESTORS GOVERNMENT FUND, INC.
                  FIRST INVESTORS INSURED TAX EXEMPT FUND, INC.
              FIRST INVESTORS NEW YORK INSURED TAX FREE FUND, INC.
                           FIRST INVESTORS SERIES FUND
                      FIRST INVESTORS SERIES FUND II, INC.

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                (Name of Registrant as Specified In Its Charter)


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    (Name of Person(s) Filing Proxy Statement, if other than the Registrant)



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PROXY UPDATE

We are pleased to announce that the  shareholders  of all of the First Investors
Funds  approved  the  election  of eight  trustees to serve on the Boards of the
Funds.

The shareholders  also approved the reorganizations of the First Investors Funds
into newly established Delaware statutory trusts.

We expect the new  trustees to take office  effective  January 1, 2006,  and the
reorganizations to be consummated in early 2006.