Defined Asset Funds [Registered]
Baby Boom Economy
Portfolios [SM] - Growth
Series 00B [8/30/00 - Current Offering] cusip: 29471T113
Fund Overview
As of September 06, 2000
Closing NAV: 0.97398 Previous Close: 0.99735 Change: -0.02337 % Change:
-2.34000%
[A 3-by-3 chart indicates risk levels in terms of Value, Blend and Growth
associated with small-, mid-, and large- cap investments. Risk levels are
color- coded with blue corresponding to the lowest risk and red to the highest
risk level. The square corresponding to large-cap Growth is marked in orange,
indicating a high level of risk.]
The Objective:
The Portfolio seeks capital appreciation by investing in a diversified
portfolio of global equity securities for about a year.
The Strategy:
The baby boomers, the generation born between 1946 and 1964, have remarkably
consistent saving, spending and lifestyle patterns. Their past spending appears
to have a direct correlation with the growth of certain industries that meet
the boomers' needs. We believe that as the baby boomers and their children
mature and adjust their lives for later years, spending patterns are likely to
have a positive effect on the industries represented in the Portfolio.
The Portfolio invests in a number of stocks favored by demographic trends --
companies which we expect to experience growth as baby boomers grow older.
Portfolio Consultants William Sterling and Stephen Waite, authors of the book
Boomernomics, have selected the stocks for this Portfolio with the aid of their
team of financial professionals. They believe that in the decade to come,
economic globalization and advances in technology, coupled with the spending
and saving patterns of this demographic group, are likely to have an important
impact on the health-care, technology, telecommunications, consumer products
and financial services industries.
Growth Series stocks are drawn from the following industries:
Approximate Portfolio Percentages as of 8/30/00
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Technology 24%
Medical 21%
Financial Services 20%
Telecommunications
Services/Equipment 17%
Consumer Products 7%
Energy 4%
Diversified Operations 3%
Multimedia 2%
Advertising 1%
Communications 1%
The following countries are represented in the Portfolio:
Approximate Portfolio Percentages as of 8/30/00
United States 69%
Japan 7%
Sweden 6%
United Kingdom 6%
Canada 4%
Switzerland 3%
Finland 2%
France 2%
Netherlands 1%
Offered By:
This portfolio is offered by Merrill Lynch (BBG00B), PaineWebber (BBG00B),
Morgan Stanley Dean Witter (BBAG00B), Salomon Smith Barney (BOOM00B).
Portfolio Holdings
Dividend information for the securities listed below is available in the
prospectus for this Fund.
The offering, redemption and repurchase prices for the Fund take into account
expenses and sales charges.
Therefore, you will no be able to calculate these prices (or related performance
information) with the security prices and weightings listed below.
As of September 06, 2000
Security Symbol Price % of Portfolio
Northern Trust Corporation NTRS 84.58 3.06
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Security Symbol Price % of Portfolio
Skandia Forsakrings AB SDIA SS 21.06 2.66
Nortel Networks Corporation NT 77.38 2.66
General Electric Company GE 59.00 2.63
Goldman Sachs Group Inc. GS 128.13 2.62
JDS Uniphase Corporation JDSU 116.75 2.38
The Charles Schwab Corporation SCH 39.00 2.32
Genentech, Inc. DNA 170.00 2.21
American International Group, Inc. AIG 87.75 2.12
NTT Docomo Inc NTDMY 141.50 2.10
Svenska Handelsbanken - A Shares SHBA SS 16.60 2.10
Vodafone AirTouch Plc VOD GS 4.06 2.09
Network Appliance, Inc. NTAP 101.63 2.08
EMC Corporation EMC 96.63 2.06
Microsoft Corporation MSFT 69.44 2.00
Pfizer, Inc. PFE 39.63 1.91
Xilinx, Inc. XLNX 81.94 1.90
Axa CS FR 144.57 1.88
Cisco Systems, Inc. CSCO 64.25 1.79
Bank of New York Co. Inc. BK 53.75 1.65
Juniper Networks, Inc. JNPR 209.69 1.56
VERITAS Software Corporation VRTS 118.50 1.54
Enron Corporation ENE 84.38 1.49
SONY Corporation SNE 106.44 1.48
Broadcom Corporation BRCM 225.88 1.47
Charter Communications, Inc. CHTR 15.06 1.46
Sonera Corporation SNRA 31.81 1.45
Julius Baer Holding Limited BAER SW 5,174.74 1.44
Viacom Inc. VIAB 64.63 1.44
PMC-Sierra, Inc. PMCS 217.05 1.41
MedImmune, Inc. MEDI 74.31 1.38
Glaxo Holdings GLXOGS 27.79 1.37
Wal-Mart Stores, Inc. WMT 50.38 1.36
Telefonaktiebolaget LM Ericsson AB ERICY 20.00 1.36
Intel Corporation INTC 65.70 1.34
Ballard Power Systems Inc. BLDP 110.06 1.33
Keyence Corporation 6861 JP KYC JP 348.67 1.33
Nokia Corporation NOK 43.44 1.29
COLT Telecom Group Plc CTM LN 31.97 1.25
Lowes Companies LOW 47.63 1.20
Best Buy Company, Inc. BBY 61.00 1.19
Millennium Pharmaceuticals MLNM 139.25 1.17
Chase Manhattan Corporation CMB 56.50 1.10
Nintendo Company Ltd. NTDOY 22.03 1.09
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Security Symbol Price % of Portfolio
The Home Depot, Inc. HD 50.63 1.04
Apple Computer, Inc. AAPL 58.44 1.03
Abgenix, Inc. ABGX 69.38 1.03
Human Genome Sciences, Inc. HGSI 156.38 1.02
Schering-Plough Corporation SGP 39.06 1.02
Sepracor Inc. SEPR 99.00 1.01
Brocade Communications Systems, Inc. BRCD 216.88 1.01
America Online, Inc. AOL 56.50 1.00
Dell Computer Corporation DELL 39.50 0.99
Omnicom Group Inc. OMC 81.75 0.99
NTT Data Corporation NMSI JT 10,583.01 0.99
Sycamore Networks, Inc. SCMR 131.63 0.98
ABM Holdings Plc ABM GS 11.29 0.97
Immunex Corporation IMNX 44.38 0.95
Bristol-Myers Squibb Company BMY 50.75 0.95
Eli Lilly and Company LLY 67.19 0.94
Phonak Holding AG PHBN SW 3,027.74 0.85
CuraGen Corporation CRGN 44.00 0.62
FuelCell Energy, Inc. FCEL 124.00 0.58
Novartis AG NOVZN.S 1,464.35 0.55
Johnson & Johnson JNJ 93.25 0.52
Chiron Corporation CHIR 49.50 0.51
ImClone Systems, Inc. IMCL 90.13 0.51
Capstone Turbine Corporation CPST 89.50 0.50
SmithKline Beecham Plc SB GS 12.64 0.50
ING Groep N.V. IGPENA 66.19 0.50
Roche Holding AG ROHBY 86.00 0.48
American Home Products Corporation AHP 51.00 0.48
Pharmacia Corporation PHA 55.94 0.47
MCI WorldCom, Inc. WCOM 31.50 0.44
Sonic Innovations Inc. SNCI 10.06 0.43
Selection Methodology
The Portfolio Consultants for this Portfolio are Wall Street veterans William
Sterling and Stephen Waite, authors of the books, "Boomernomics," and
authorities on the trends of baby boomers. Sterling and Waite, together with
their team of financial professionals, select the securities they believe are
likely to benefit from future baby boomer trends.
Baby Boom Stock Selections
When selecting stocks for the Baby Boom Economy Growth Series, our Portfolio
Consultants take a top-down approach to determine the sectors they believe are
likely
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to benefit from the maturing boomer population. Stocks within these sectors are
also analyzed be Defined Asset Funds for market capitalization and liquidity.
Fees & Expenses
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 $15.00 per 1,000 units,
about 1.50%.
As a % of Public
Public Offering Amount Per
Price 1,000 Units
Initial Sales Charge 1.00% $10.00
Deferred Sales Charge 1.50% $15.00
Maximum Sales Charge 2.50% $25.00
Creation and Development Fee
(as a % of net assets on date of
deposit - 8/30/00) 0.250% $ 2.48
Estimated Annual Expenses
(as a % of net assets on date of deposit) 0.417% $ 4.12
Estimated Organization Costs $ 0.88
If you sell your units before the termination date, the remaining balance of
your deferred sales charge will be deducted, along with the estimated costs of
selling Portfolio securities, from the proceeds you receive. If you roll over
to a successor Portfolio, if available, the initial sales charge on that
Portfolio will be waived. You will only pay the deferred sales charge on that
Portfolio.
Volume Purchase Discounts
For larger purchases, the overall sales charges are reduced to put more of your
investment dollars to work for you.
If You Invest: Your Maximum Sales Charge
(as a % of your investment) Will Be:
Less than $50,000 2.50%
$50,000 to $99,999 2.25%
$100,000 to $249,000 1.75%
$250,000 to $999,999 1.50%
$1,000,000 or more 0.75%
If this Fund appropriate for you?
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Yes, if you seek capital appreciation. You may benefit from a professionally
selected and supervised portfolio of stocks.
Risk Considerations
Please keep in mind the following factors when considering this investment.
Your financial professional will be happy to answer any questions you may have.
A substantial portion of the stocks in the Portfolio are of foreign issuers and
can involve special risks, including higher price volatility and currency
fluctuations.
The Portfolio is designed for investors who can assume the risks associated
with equity investments, and may not be appropriate for investors seeking
capital preservation or current income.
The value of your investment will fluctuate with the prices of the underlying
stocks. Stock prices can be volatile. Changes in interest rates could also
adversely affect the value of any portfolio.
There can be no assurance that the Portfolio will meet its objective.
The Portfolio is concentrated in stocks in the technology sector, which may
involve special risks.
Distributions and Taxes
Distribution Frequency (if any)
One (1) per year
Reinvestment Options
By selecting the reinvestment option, you're choosing to have your
distributions used to purchase additional units of the fund (reinvestment). As
such, your investment will increase each distribution period, and because
distribution payments are based in part on the size of your investment, these
payments may increase proportionately. Taking part in the cycle of reinvestment
may compound the returns of your Defined Fund investment.
Tax Reporting
When seeking capital appreciation, managing tax liability on capital gains can
be important to your overall return. By holding this Fund for more than one
year, individuals may be eligible for favorable federal tax rates on any net
long-term capital gains (currently no more than 20%).
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Generally, dividends and any gains will be subject to tax each year, whether or
not reinvested. However, on rollovers to future Portfolios, if available,
certain investors can defer recognition of gains and losses on stocks that are
transferred to the new Portfolio. Please consult your tax advisor concerning
state and local taxation.
Trustee
The Bank of New York
Unit Investment Trust Department
PO Box 974
Wall Street Division
New York, New York 10268-0974
1-800-221-7771
Defined Asset Funds [Registered] are established as Unit Investment Trusts. By
definition, a trust account requires a trustee. The trustee holds the trust
securities, ensuring their safekeeping until the trust is terminated. The
trustee is also responsible for recordkeeping, for collecting any interest or
dividend income and principal payments, and for distributing this money to
investors.
LINKS TO SPONSOR WEB SITES
Merrill Lynch | Salomon Smith Barney | PaineWebber | Morgan Stanley Dean
Witter
This fund is eligible for purchase through the Unlimited Advantage [SM]
program. Therefore, performance information, fees and expenses will differ from
those shown on this site. Please contact your financial professional for
details specific to Unlimited Advantage accounts.
Not all strategies are appropriate at all times. The opinions expressed in this
site do not constitute investment advice. Independent advice should be sought
in cases of doubt.
For more complete information about any of the funds, including their risks,
fees, sales charges and other expenses, please download a prospectus from this
site, or obtain one free of charge from your financial professional. The
prospectus should be read carefully before you invest or send money.
Not all funds are registered for sale in all states. Ask your financial
representative about the availability of specific funds in your state. In
addition, the funds described here are not available to investors outside the
US. Defined Asset Funds are sold by prospectus only. The prospectus is not an
offer to sell or a solicitation of an offer to
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buy units in the funds, nor shall any such units be offered or sold to any
person in any jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of
any such jurisdiction.
As a unitholder, you may receive taxable dividends and capital gains. Taxes on
these distributions can affect the returns you realize from your investment.
The Sponsors do not offer tax advice except to suggest that you consider the
impact of taxes and that you may want to consult with your tax advisor before
making any investment.
Funds holding international securities can involve different risks than US
investments. The risks include political and economic instability, changing
currency exchange rates, foreign taxes and differences in financial accounting
standards.
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The information on this Internet site is directed at, and is intended for
distribution to, and use by, persons in the United States only.
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