SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 1, 1997
IDS Managed Futures II, L.P.
(Exact name of registrant as specified in its charter)
Delaware 0-17443 06-1207252
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
organization)
Sears Tower, 233 S. Wacker Dr., Suite 2300, Chicago, IL 60606
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 312-460-4000
_________________________________________________
(Former name or former address, if changed since last report).
Item 1. Changes in Control of Registrant
Not Applicable.
Item 2. Acquisition or Disposition of Assets
Not Applicable.
Item 3. Bankruptcy or Receivership
Not Applicable.
Item 4. Changes in Registrant's Certifying Accountant
Not Applicable.
Item 5. Other Events
Effective August 1, 1997, the General Partners added Welton
Investment Corporation ("Welton") as a new Commodity Trading
Advisor for the Registrant. Welton has been trading in the
futures market since 1989. The Registrant will use Welton's
Diversified Portfolio. This portfolio provides broad
diversification in various domestic and global futures markets.
This portfolio also provides a balanced exposure across all
market sectors. Welton will use multiple trading strategies in
an attempt to profitably participate in a variety of market
conditions.
John W. Henry & Company, Inc. and Sabre Fund Management Limited
will continue as Commodity Trading Advisors for the Registrant.
Item 6. Resignations of Registrant's Directors
Not Applicable.<PAGE>
Item 7. Financial Statements and Exhibits
Not Applicable.
Item 8. Change in Fiscal Year.
Not Applicable.
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 thereunto duly authorized.
DATE: August 12, 1997 IDS MANAGED FUTURES II, L.P.
(Registrant)
IDS Futures Corporation,
General Partner
BY: /s/ Lori J. Larson
Lori J. Larson
President
CIS Investments, Inc.,
General Partner
BY: /s/ L. Carlton Anderson
L. Carlton Anderson
Vice President
