-----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, WQZefX4NL73AxctzRNu5lRi6xMWJknUGU63E2G2YPQjPWVeXNhV2CDIwLqPqV8W1 Mperlzmy2Cc/+5HtPcWTsg== 0000865549-00-000002.txt : 20000515 0000865549-00-000002.hdr.sgml : 20000515 ACCESSION NUMBER: 0000865549-00-000002 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000331 FILED AS OF DATE: 20000512 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ATLAS FUTURES FUND LIMITED PARTNERSHIP CENTRAL INDEX KEY: 0000865549 STANDARD INDUSTRIAL CLASSIFICATION: [6221] IRS NUMBER: 510380494 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: SEC FILE NUMBER: 333-53111 FILM NUMBER: 630319 BUSINESS ADDRESS: STREET 1: 5916 N 300 WEST CITY: FREEMONT STATE: IN ZIP: 46737 MAIL ADDRESS: STREET 1: 5916 N 300 WEST CITY: FREEMONT STATE: IN ZIP: 46737 10-Q 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 -------------- FORM 10-Q (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2000 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ Commission file number ____333-61217______ Atlas Futures Fund, Limited Partnership --------------------------------------- (Exact Name of Registrant as Specified in Its Charter) Delaware 51-0380494 - ------- ---------- (State or Other Jurisdiction of (I.R.S. Employer Incorporation or Organization) Identification No.) c/o Corporate Systems, 101 N. Fairfield Drive, Dover DE 19901 - ---------------------------------------- ----- (Address of Principal Executive Offices) (Zip Code) Registrant's Telephone Number, Including Area Code (219) 833-1505 - ------------------------------------------------------------------------ Former Name, Address and Fiscal Year, if Changed, Since Last Report No such changes occurred Indicate by check [X] whether the registrant (1)has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [ ] Part 1 - FINANCIAL INFORMATION Item 1. Financial Statements. The unaudited financial statements for the Registrant for the first quarter ended March 31, 2000 and year to date are attached hereto and made a part hereof. Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations. During the past quarter and in the future, Registrant, did and will, pursuant to the terms of the Partnership Agreement, engage in the business of speculative trading of commodity futures and options markets through the services of its commodity trading advisor, Ansbacher Investment Management, Inc. The Units are sold at the Net Asset Value per Unit as of the end of the month in which subscriptions are received by the General Partner. The Partnership continues to offer Units for sale to the public. To obtain a return of invested capital or appreciation, if any, purchasers of Units must look solely to the redemption feature of the Partnership or to the General Partner, in its sole judgment, to elect to make distributions. There is no current market for the Units sold and none is expected to develop nor is the General Partner expected to make distributions. Part II - OTHER INFORMATION Item 1. Legal Proceedings None Item 2. Changes in Securities None Item 3. Defaults Upon Senior Securities None Item 4. Submission of Matters to a Vote of Security Holders None Item 5. Other Information Item 6. Exhibits and Reports on Form 8-K (a) None (b) No reports on Form 8-K SIGNATURES Pursuant to the requirements of Section 13 or 15 (d) of the Securities Exchange Act of 1934, the Registrant has duly caused this Form 10-Q for the period ended March 31, 2000, to be signed on its behalf by the undersigned, thereunto duly authorized. Registrant: Atlas Futures Fund, Limited Partnership By Ashley Capital Management, Incorporated Its General Partner By: /s/ Shira Del Pacult Ms. Shira Del Pacult Sole Director, Sole Shareholder, President, and Treasurer of the General Partner Date: May 12, 2000 Atlas Futures Fund Statement of Operations For the Quarter Ended March 31, 2000 (unaudited) 1st Year to Quarter Date Income: Interest Paid By Brokers 5,869.94 5,869.94 Interest from Federal Securities 13,028.86 13,028.86 Realized Gain (Loss) from Futures Trading (142,397.19) (142,397.19) Change in Open Trade Equity Futures Positions 19,885.12 19,885.12 Realized Gain (Loss) from Options Trading 0.00 0.00 Change in Unrealized Gain (Loss) Option Positions 0.00 0.00 FX Gain (Loss) 678.85 678.85 Redistribution of Syndication Costs 14,597.73 14,597.73 Total Income from Operations (88,336.69) (88,336.69) Expenses: Brokerage Commissions Paid 37,528.25 37,528.25 CTA Management Fees 12,509.42 12,509.42 GP Incentive Fees (1,741.05) (1,741.05) GP Management Fees 4,493.97 4,493.97 Operating & Administrative Expenses 1,581.60 1,581.60 Reporting Costs 4,500.00 4,500.00 Audit Fees 2,080.00 2,080.00 Legal Fees 4,276.00 4,276.00 Total Expenses from Operations 65,228.19 65,228.19 Net Income from Operation (153,564.88) (153,564.88) End of Period Net Asset Value Per Unit 873.50 873.50 % Increase (Decrease) in Per Unit -8.17% -8.17% (Prepared from accounts without audit) by James Hepner & Company Atlas Futures Fund Statement of Financial Condition as of March 31, 2000 (unaudited) ASSETS Cash in Checking - Star Financial Bank 93,901.87 Equity in Commodity Futures Trading Accounts - Cash 685,765.44 US Treasury Bills at Cost plus accrued interest 1,192,565.33 Unrealized Gain (Loss) on Open Futures and Option Contracts 25,740.00 Interest Receivable from Brokers 1,644.33 Premium Paid On Options Held Long 0.00 Premium Recvd On Options Held Short 0.00 Accumulated Org Costs 0.00 Undeposited New Partner Capital 15,000.00 Total Asset 2,014,616.97 LIABILITIES AND PARTNERS' EQUITY Liabilities: Loan from FIC 0.00 Management Fees Payable 4,482.80 Incentive Fees Payable to GP (1,741.05) Management Fees Payable to GP 1,611.38 Reporting Costs Payable 1,472.55 Audit Fees Accrued 1,000.00 Commissions Payable to IB 5,055.10 Front End Load Payable 9,900.00 Partner Redemptions Payable 4,125.08 Total Liabilities 25,905.86 Partners' Capital : General Partner 52.33 Units at Per Unit of 886.343749 46,379.48 Limited Partners 2224.39 Units at Per Unit of 886.343749 1,971,574.83 Total Partners' Capital 2,017,954.31 Total Liabilities And Partners' Capital 2,043,860.17 (Prepared from accounts without audit) by James Hepner & Company EX-27 2
5 3-MOS DEC-31-2000 MAR-31-2000 93,902 1,192,565 0 0 0 2,014,617 0 0 2,014,617 25,906 0 0 0 0 0 2,014,617 0 (88,337) 0 65,228 0 0 0 0 0 0 0 0 0 (153,565) 0 0
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