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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
IRVINE SENSORS CORPORATION
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
46366 41 02
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(CUSIP Number)
June 25, 1999
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(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed.
[_] Rule 13d-1(b)
[X] Rule 13d-1(c)
[_] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
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CUSIP No. 46366 41 02
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1. NAME OF REPORTING PERSON
FUNDSELECT E
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
LUXEMBOURG
5. SOLE VOTING POWER
NUMBER OF 2,949,100
SHARES ---------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 0
EACH ---------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON 2,949,100
WITH ---------------------------------------------------------
8. SHARED DISPOSITIVE POWER
0
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,949,100
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10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[_]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.45%
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12. TYPE OF REPORTING PERSON
CO
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Item 1(a). Name of Issuer:
IRVINE SENSORS CORPORATION
Item 1(b). Address of Issuer's principal executive offices:
3001 Redhill Avenue, Building 3
Costa Mesa, CA 92626
Item 2(a). Name of person filing:
FUNDSELECT E
Item 2(b). Address or principal business office or, if none, residence:
HYPO-INVEST Luxembourg S.A.
4, rue Alphonse Weicker
L-2721 Luxembourg-Kirchberg
Item 2(c). Citizenship:
Luxembourg
Item 2(d). Title of class of securities:
Common Stock
Item 2(e). CUSIP No.
46366 41 02
Item 3. Inapplicable
Item 4. Ownership
(a) Amount beneficially owned: 2,949,100
(b) Percent of class: 8.45%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 2,949,100
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the disposition of:
2,949,100
(iv) Shared power to dispose or to direct the disposition of: 0
Item 5. Inapplicable
Item 6. Inapplicable
Item 7. Inapplicable
Item 8. Inapplicable
Item 9. Inapplicable
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Item 10. Certification
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated July 2, 1999
FUNDSELECT E
By: /s/ Michael Lange
Its: Vice President
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