IRA Ideal!
Defined Asset Funds (SM)
Focus Series
The 1999 Domestic
Year-Ahead Portfolio
[ML logo] Merrill Lynch
1999 is a new year... Why not consider a portfolio based on the 1999 stock
selections from the top-ranked research team?
The 1999 Year-Ahead Domestic Portfolio can help you get the coming investment
year in focus.
Make Your Resolution To Think Ahead.
An investment strategy should never be static. As your life changes, so should
your portfolio. At Merrill Lynch, we believe in the importance of on-going
communication between you and your Financial Consultant. Will your investment
goals be the same next year? How about your tolerance for risk and your time
horizon? Your Financial Consultant will be happy to help you think ahead by
analyzing these important questions, and coming up with informed solutions.
About Defined Asset Funds
Time In The Market
We believe that the disciplined strategy of buying and holding stocks with a
long-term view can help in meeting our investors' needs. For income,
growth or total return, time in the market can be an effective strategy for
growing your portfolio. This philosophy is the cornerstone of Defined
Asset Funds. In addition to the Year-Ahead Domestic Portfolio, you can
choose from a family of Defined Equity and Fixed-Income portfolios to meet
your retirement and other investment goals.
The Portfolio
The Defined Asset Funds(SM) 1999 Year-Ahead Domestic Portfolio seeks capital
appreciation by investing for approximately one year in a Portfolio consisting
of U.S. common stocks. The Portfolio was selected for potential growth in 1999
by the Merrill Lynch Global Research and Economics Group.
<PAGE>
The Strategy
The 1999 Year-Ahead Portfolio follows a "buy and hold" strategy of investing
for approximately one year in a list of stocks selected by Merrill Lynch
Global Research. After one year, a new Portfolio is researched and compiled
based on a similiar selection process. You can reinvest each year in a new
Portfolio, if available, or you can redeem your investment.
Is this Portfolio Right for You?
If your investment goal is capital appreciation, without concern for current
income, the 1999 Year-Ahead Domestic Portfolio may be an appropriate choice.
Although this is a one-year Portfolio, it is designed to be a part of a longer
term investment strategy. We believe more consistent results are likely if the
Strategy is followed for at least three to five years. If you are interested
in investing globally, the 1999 Year-
Ahead International Portfolio is also available. This portfolio follows a
similiar investment strategy.
Defined Advantages
o Purchase Options. You can get started with about $250 and discounts are
available for volume purchases of $50,000 or more.
o Convenience. There's no need for multiple security purchases. This
Portfolio offers diverisfication, with only one purchase.
o Daily Liquidity. You can sell back your investment at any time at
the then-current net asset value, which may be more or less than
your original cost.
o No Sell Decisions. You're buying and holding for approximately one
year.
Year-Ahead Domestic Portfolio-- 1999
Company Symbol Description
Albertson's, Inc. ABS Operates 878 retail food-drug chains
throughout 20 Western, Midwestern and
Southern states. Products include
prescription drugs, cosmetics and
specialty departments including
bakery, floral and video.
AMR Corporation AMR AMR is the world's second largest
airline servicing over 165
destinations in 40 countries.
2
<PAGE>
Anheuser-Busch BUD As the world's largest brewer,
Companies, Inc. Anheuser-Busch brews beer, produces
and acquires brewing raw materials,
manufactures and recycles aluminum
beverage containers and operates nine
theme parks. Products include
"Budweiser" and "Bud Light", which
are the number one and two selling
beer brands in the world.
Burlington BR A large exploration and production
Resources, Inc. company (80% natural gas, 90% domestic)
operating throughout Mexico and
Texas.
Comcast CMCSK Third largest cable operator in the
Corporation U.S. Comcast services over ten million
customers through principal ownership
of "QVC", "C3" and controlling
interest in "E!" Entertainment.
Computer Science CSC A leading supplier of professional
Corporation services, information processing,
consulting, software development,
systems integration and outsourcing.
Fannie Mae FNM Largest investor in home mortgage loans
in the U.S. Federally chartered,
private corporation that purchases
both government-backed and
conventional mortgages from lenders
to facilitate housing ownership for
low-to middle-income home buyers.
General Electric GE One of the world's largest companies
Company which develops, manufactures and sells
products for the generation,
distribution and utilization of
electricity. Through General
Electric Capital Services, Inc., it
offers a variety of financial
services. General Electric also owns
the National Broadcasting Company
(NBC).
Johnson & Johnson JNJ A well-diversified health-care company
which manufactures and markets a
large variety of health-care products
and provides related services for
consumer, pharmaceutical and
professional markets. Products
include contraceptives, veterinary,
surgical, dental, and non-prescription
drugs.
3
<PAGE>
Office Depot, Inc. ODP Operates 600 office product warehouse
stores in the U.S. and Canada.
Office Depot sells branded
merchandise and provides business
services primarily to small and
medium-sized businesses as well as
the home office market.
Oracle Corporation ORCL Provides software for information
management and a variety of related
support services in more than 140
countries worldwide.
Orbital Sciences ORB Designs, manufactures, operates and
Corporation markets a variety of space-technology
products and satellite-based
services. Products include launch
vehicles, space craft, space sensors
and electronics and earth observation
services.
Pfizer, Inc. PFE Produces ethical drugs, hospital
products, consumer products and
animal health items. Products
include "Celebrex" for
osteoarthritis, "Tikosyn" for
arrhythmia and "Relpax" for migraine.
Texas Utilities TXU Energy service company providing
Company electric and natural gas utility
services, energy marketing,
telecommunications and other related
services worldwide.
UNUM Corporation UNM World leader in disability income
insurance ranks among the world's
leading special risk insurers.
Provides group life insurance, long-
term care insurance and payroll-
deducted voluntary benefits.
Merrill Lynch Research: A Reputation for Excellence
With 500 equity research analysts globally, Merrill Lynch has earned its
reputation as a world-class research organization. Its Global Research team
provides in-depth coverage of more than 4,000 companies in 53 countries
worldwide.
For each of the last four years, Merrill Lynch was awarded the top rank in
Institutional Investor's "All-America Research Team" survey of equity analysts
based on the total number of team analysts.
Defining Your Risks
4
<PAGE>
Please keep in mind the following factors when considering this investment. Your
Merrill Lynch Financial Consultant will be happy to answer any questions you
may have.
o The Portfolio is designed for investors who can assume the risks
associated with equity investments. It may not be appropriate for
investors seeking preservation of capital or high current income.
o There can be no assurance that the Portfolio will meet its objective
or that stock prices will not decrease.
o The value of your investment will fluctuate with the prices of the
underlying stocks. Stock prices can be volatile.
Tax Reporting
The proceeds received when you sell this investment will reflect the deduction
of the deferred sales charge and, after the initial offering period, the
charge for organization costs.
In addition, the annual statement and the relevant tax reporting forms you
receive at year end will be based on the amount paid to you net of the
deferred sales charge and, after the initial offering period, the charge for
organization costs. Accordingly, you should not increase the tax basis in your
units by these charges.
Generally, dividends and any net capital gains will be subject to tax each
year whether or not reinvested. Capital gains, if any, on assets held over a
year will be taxed up to the maximum federal tax rate of 20% for individuals.
Please consult your tax advisor concerning state and local taxation
Defining Your Costs
First-time investors pay an initial sales charge of about 1% when they buy. In
addition, all investors pay a deferred sales charge of $17.50 per 1,000 units,
about 1.75%, deducted over the last ten months of the Portfolio's life.
5
<PAGE>
As a % of Public Offering Amount per
Price 1,000 Units
Initial Sales Charge 1.00 % $10.00
Deferred Sales Charge 1.75% $17.50
===============================
Maximum Sales Charge 2.75% $27.50
Estimated Annual Expenses
(as a % of net assets) 0.146% $1.45
Estimated Organization
Costs $1.27
If you sell your units before termination, the remaining balance of your
deferred sales charge is deducted, along with the estimated costs of selling
Portfolio securities. If you roll over to a successor Portfolio, if
available, the initial sales charge is waived. You will only pay the deferred
sales charge.
Volume Purchase Discounts
For larger purchases, the overall sales charges are reduced to put more of your
investment dollars to work for you.
- -------------------------------------------------------------------
Amount Total Sales Charge as a % of
Purchased Public Offering Price
- -------------------------------------------------------------------
Less than $50,000 2.75%
- -------------------------------------------------------------------
$50,000 to $99,999 2.50%
- -------------------------------------------------------------------
$100,000 to $249,999 2.00%
- -------------------------------------------------------------------
$250,000 to $999,999 1.75%
- -------------------------------------------------------------------
$1,000,000 or more 1.00%
- -------------------------------------------------------------------
The Time To Think Ahead Is Now!
Call your Merrill Lynch Financial Consultant for a free prospectus containing
more complete information, including sales charges, expenses and risks. Please
read it carefully before you invest or send money.
6
<PAGE>
The information in this brochure is not complete and may be changed. We may not
sell the securities of the next Portfolio until the registration statement
filed with the Securities and Exchange Commission is effective. This brochure
is not an offer to sell these securities and is not soliciting an offer to buy
these securities in any state where the offer or sale is not permitted.
32719BR-12/98
(copyright logo)1998 Merrill Lynch, Pierce, Fenner& Smith Incorporated. Member
SIPC.
Defined Asset Funds (SM)
Buy With Knowledge. Hold With Confidence
Equity Investor Funds
Other Merrill Lynch
Research-Based Funds
1999 Year-Ahead International Portfolio
Defined Technology Portfolio (SM)
Financial Portfolio
Health Care Portfolio
Select Series
Principled Values Portfolio (SM)
Select Ten Portfolio (DJIA)
United Kingdom Portfolio (Financial Times Index)
Select Growth Portfolio
Select S&P Industrial Portfolio
Select S&P Industry Turnaround Portfolio
Select Standard & Poor's Intrinsic Value Portfolio
Concept Series
Premier American Portfolio
Premier World Portfolio
Real Estate Income Fund
Tele-Global Trust
Utility Portfolio
Western Premier Portfolio
Index Series
7
<PAGE>
S&P 500 Index Trust
S&P MidCap Index Trust
Fixed-Income Funds
Corporate Funds
Government Funds
Municipal Funds
