CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): June 1, 2000
ProFutures Diversified Fund, L.P.
(Exact name of registrant as specified in its charter)
DELAWARE 0-16898 75-2197831
(State or other (Commission File (I.R.S. Employer
jurisdiction of Number) Identification
organization) Number)
ProFutures, Inc.
11612 Bee Cave Road
Suite 100
Austin, Texas 78738
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(Address of principal executive offices)
Registrant's telephone numbers:
(800) 348-3601
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Item 5. OTHER EVENTS.
As of June 1, 2000, ATA Research, Inc. (ATA) has given notice of
its intent to withdraw as Co-General Partner effective October 1,
2000. ProFutures, Inc. will remain as the sole General Partner.
In connection with the withdrawal of ATA, the name of the Partnership
has been changed to ProFutures Diversified Fund, L.P. Kenmar Global
Strategies Inc. (Kenmar) as been engaged to serve as a consultant
effective June 1, 2000 to replace similar functions previously
performed by ATA. Kenmar will assist the General Partner in making
decisions about which trading advisors to hire, the allocations among
the advisors and the day-to-day monitoring and risk management of the
trading accounts. Kenmar will be paid the same fee as ATA was
previously paid for providing these services (approximately 1%
annually). During a transition period, Kenmar will share a portion
of its fee with ATA.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
PROFUTURES DIVERSIFIED FUND, L.P.
(Registrant)
June 19, 2000 By /s/ Gary D. Halbert, President
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Date Gary D. Halbert, President
ProFutures, Inc., General Partner
ProFutures Diversified Fund, L.P.
