-----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, MQ7NlMFgT5fNqBn0noFgM5F+bzf43NsMSLquVR8DCLmAgEaw5BhggWjpeFSftcGM tNV9/FKfg0gwz3H8oXF+zQ== 0000950131-99-000990.txt : 19990218 0000950131-99-000990.hdr.sgml : 19990218 ACCESSION NUMBER: 0000950131-99-000990 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990217 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ML PRINCIPAL PROTECTION LP CENTRAL INDEX KEY: 0000917259 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 133750642 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: SEC FILE NUMBER: 333-60567 FILM NUMBER: 99544384 BUSINESS ADDRESS: STREET 1: 6TH FL, SOUTH TOWER, M L WORLD HDQR STREET 2: C/O ML FUTURES INVESTMENT PARTNERS INC CITY: NEW YORK STATE: NY ZIP: 10080-6106 BUSINESS PHONE: 2122364161 MAIL ADDRESS: STREET 1: C/O MERRILL LYNCH INVESTMENT PARTNERS IN STREET 2: WORLD FINANCIAL CENTER S TOWER 6TH FL CITY: NEW YORK STATE: NY ZIP: 10080-6106 FORMER COMPANY: FORMER CONFORMED NAME: ML PRINCIPAL PROTECTION PLUS LP DATE OF NAME CHANGE: 19940616 FORMER COMPANY: FORMER CONFORMED NAME: SECTOR STRATEGY FUND VII LP DATE OF NAME CHANGE: 19940107 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ML PRINCIPAL PROTECTION TRADING LP CENTRAL INDEX KEY: 0000925433 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 133775509 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: SEC FILE NUMBER: 333-60567-01 FILM NUMBER: 99544385 BUSINESS ADDRESS: STREET 1: ML INVESTMENT PARTNERS INC STREET 2: WORLD FINANCIAL CENTER S TOWER 6TH FL CITY: NEW YORK STATE: NY ZIP: 10080-6106 BUSINESS PHONE: 2122364167 MAIL ADDRESS: STREET 1: MERRILL LYNCH INVESTMENT PARTNERS STREET 2: WORLD FINANCIAL CENTER S TOWER 6TH FL CITY: NEW YORK STATE: NY ZIP: 10080-6106 FORMER COMPANY: FORMER CONFORMED NAME: ML PRINCIPAL PROTECTION PLUS TRADING LP DATE OF NAME CHANGE: 19940616 424B3 1 MONTHLY REPORT NOVEMBER 1998 [ART OF MERRILL LYNCH INVESTMENT PARTNERS INC. APPEARS HERE] ML Principal Protection L.P. Monthly Statement November 1998 - ------------------------------- [LOGO OF MERRILL LYNCH APPEARS HERE] ML Principal Protection L.P. The Net Asset Value ("NAV") of ML Principal Protection L.P. (the "Fund") decreased during November. Please see the accompanying summary financial information for the NAV of your series of Units. ------------------------ As of January 1, 1999, the "euro" will be adopted as the common legal currency of participating member states of the European Economic and Monetary Union ("EMU"). The euro and participating member currencies will co-exist through July 1, 2002, with the euro gradually replacing member national currencies. Conversion to the euro will prevent trading in certain currencies and may limit certain Advisors' ability to take advantage of potential market opportunities that might otherwise have existed had separate European currencies been available to trade. Consequently, the conversion to a single currency could adversely affect the performance results of the Fund. ---------------------- 1998 Year-to-Date Gross Total Trading Results* Through November 30 Agriculture $ (893,006) Currencies 2,569,053 Energy (800,215) Financial Instruments 6,510,267 Metals (1,706,363) Stock Indices 736,785 ----------- Total $ 6,416,521 * Before deduction of any fees and charges 2 FOR THE EXCLUSIVE USE OF INVESTORS IN ML PRINCIPAL PROTECTION L.P. THIS MONTHLY REPORT IS NOT AN OFFER TO SELL NOR A SOLICITATION OF AN OFFER TO BUY ANY SECURITIES. AN OFFER CAN ONLY BE MADE BY A CURRENT PROSPECTUS, AS SUPPLEMENTED, TOGETHER WITH SUMMARY FINANCIAL INFORMATION FOR THE FUND CURRENT WITHIN 60 DAYS. THESE MATERIALS CONTAIN IMPORTANT INFORMATION ABOUT RISK FACTORS, PERFORMANCE AND OTHER ASPECTS OF THE FUND AND MUST BE READ CAREFULLY BEFORE INVESTING. FUTURES TRADING IS SPECULATIVE AND INVOLVES A HIGH DEGREE OF RISK. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. THIS MONTHLY REPORT MUST NOT BE REPRODUCED OR DISTRIBUTED IN ANY MANNER. 3 ML Principal Protection L.P. November 30, 1998 Statement of Changes in Net Asset Value (unaudited)
Net Asset Value (749,381.1528 Units) at October 31, 1998 $ 82,521,349 Net Income/(Loss) for November 1998 (821,358) Redemptions of 11,674.2000 Units (1,289,051) ------------ Net Asset Value (737,706.9528 Units) at November 30, 1998 $ 80,410,940 ============ Net Asset Value at November 30, 1998: Series A Units $ 115.45* ============ Series B Units $ 113.69* ============ Series C Units $ 108.61* ============ Series D Units $ 111.17* ============ Series E Units $ 110.85* ============ Series F Units $ 108.66* ============ Series G Units $ 107.39* ============ Series H Units $ 107.54* ============ Series K Units $ 109.49 ============ Series L Units $ 106.65 ============ Series M Units $ 108.14 ============ Series N Units $ 104.24 ============ Series O Units $ 104.64 ============ Series P Units $ 106.73 ============ Series Q Units $ 98.69 ============
* The Net Asset Value per Unit does not include the annual distributions paid to Unitholders. 4 ================================================================================ Statement of Income/(Loss) (unaudited)
November -------- Revenues: Realized Profit/(Loss) $ 360,224 Change in Unrealized Profit/(Loss) (1,131,812) ------------ Total Trading Results (771,588) Interest Income 370,124 ------------ Total Revenues (401,464) Expenses: Brokerage Commissions 414,132 Administrative Fees 17,403 Allocation of New Profit Share (986) ------------ Total Expenses 430,549 ------------ Net Income/(Loss) Before Minority Interest (832,013) ------------ Minority Interest 10,655 ------------ Net Income/(Loss) $ (821,358) ============
================================================================================ To the best of the knowledge and belief of the undersigned the information contained in this report is accurate and complete. /s/ Jo Ann Di Dario Jo Ann Di Dario Chief Financial Officer Merrill Lynch Investment Partners Inc. 5 Please notify the following of any address changes: Merrill Lynch Investment Partners Inc. Merrill Lynch World Headquarters South Tower World Financial Center New York, New York 10080-6106 1-800-765-0995 6 -----END PRIVACY-ENHANCED MESSAGE-----