-----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, DBEWOrIch1zQacWabtaMQ1kV3K4DJSYzn67xkOj9hi/I1IGuVZsADx5OLSjY+gzt rNK6S43JsVVQ7m/sD6D15w== 0000945227-99-000023.txt : 19990616 0000945227-99-000023.hdr.sgml : 19990616 ACCESSION NUMBER: 0000945227-99-000023 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990615 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PROFUTURES LONG/SHORT GROWTH FUND LP CENTRAL INDEX KEY: 0001045702 STANDARD INDUSTRIAL CLASSIFICATION: [6221] IRS NUMBER: 742849862 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: SEC FILE NUMBER: 333-63129 FILM NUMBER: 99646758 BUSINESS ADDRESS: STREET 1: 1310 HIGHWAY 620 SOUTH STREET 2: SUITE 200 CITY: AUSTIN STATE: TX ZIP: 78734 BUSINESS PHONE: 5122633800 MAIL ADDRESS: STREET 1: 1310 HIGHWAY 620 SOUTH STREET 2: SUITE 200 CITY: AUSTIN STATE: TX ZIP: 78734 FORMER COMPANY: FORMER CONFORMED NAME: PROFUTURES BULL & BEAR FUND L P DATE OF NAME CHANGE: 19980827 424B3 1 MONTHLY REPORT MAY 1999 Filer: Company Data: Company Name: ProFutures Long/Short Growth Fund, L.P. IRS number: 74-2849862 State of Incorporation: Delaware Fiscal Year End: 12/31 Business Address: 11612 Bee Cave Road, Suite 100 Austin, Texas 78733 Business Phone: 800-348-3601 Filing Values: Form Type: 424B3 SEC File Number: 000-25585 ProFutures, Inc., the General Partner of the Fund, is pleased to announce that John M. (Mike) Posey has become Vice President of Marketing of ProFutures effective June 1, 1999. Mr. Posey, born 1955, joined ProFutures in March 1997. He will oversee ProFutures marketing activities, including coordination of national sales efforts and investor relations. From March 1996 to February 1997, Mr. Posey was President of Life Partners, Inc., one of the largest viatical settlement firms in the United States. From May 1987 to February 1996, Mr. Posey served as President of Sterling Trust Company in Waco, Texas. Sterling Trust is a nationwide provider of self-directed trust services for IRA and qualified retirement plan clients. There, he was responsible for executive management of the company as well as new business development. During his nine years of leadership, trust assets in client accounts grew from $50 million to over $950 million. Mr. Posey is a Magna Cum Laude graduate of Baylor University, where he earned his Bachelor of Business Administration degree. PROFUTURES LONG/SHORT GROWTH FUND, L.P. Account Statement of Income (Loss) For the Calendar Month of May 1999 (Prepared from Accounts Without Audit) NET TRADING INCOME (LOSS): May 31, 1999 -------------- Realized Trading Gain (Loss) $ 4,125.52 Change in Unrealized Gain (Loss) (2,020,825.00) Less Broker Commissions 1,000.00 Less Other Trading Fees 471.00 -------------- NET TRADING INCOME (LOSS) (2,018,170.48) Interest Income 132,479.92 -------------- NET INCOME (LOSS) BEFORE EXPENSES (1,885,690.56) -------------- EXPENSES INCURRED OR ACCRUED: Professional Services 4,415.75 ProFutures Management Fee 79,864.76 Change in Incentive Fee (91,556.91) Other Expenses 1,219.80 -------------- NET EXPENSES (6,056.60) -------------- NET INCOME (LOSS) FOR THE PERIOD $(1,879,633.96) ============== STATEMENT OF CHANGES IN NET ASSET VALUE (N.A.V.) N.A.V., Beginning of Period $33,745,671.33 Partners' Additions 2,863,542.19 Partners' Redemptions (98,306.30) Net Income (Loss) for the Period (1,879,633.96) -------------- N.A.V., End of Period $34,631,273.26 ============== Percentage Increase (Decrease) (5.57)% ============== Per Unit Value $ 1,823.21 ============== THIS STATEMENT IS ACCURATE AND COMPLETE TO THE BEST OF MY KNOWLEDGE: /s/ Gary D. Halbert GARY D. HALBERT PRESIDENT OF PROFUTURES, INC. GENERAL PARTNER FOR PROFUTURES LONG/SHORT GROWTH FUND, L.P. -----END PRIVACY-ENHANCED MESSAGE-----