MORGAN STANLEY DEAN WITTER SPECTRUM SELECT LP
424B3, 2000-09-27
REAL ESTATE INVESTMENT TRUSTS
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Morgan Stanley Dean Witter Spectrum Series
Monthly Report
August 2000

Dear Limited Partner:

The Net Asset Value per Unit for each of the six Morgan Stanley Dean Witter
Spectrum Funds as of August 31, 2000 was as follows:

Funds                    N.A.V.                   % change for month
Spectrum Commodity       $  7.74                          4.73%
Spectrum Currency        $10.10                           0.44%
Spectrum Global Balanced $15.73                           2.99%
Spectrum Select          $20.69                           4.69%
Spectrum Strategic       $10.77                          -8.35%
Spectrum Technical       $13.59                           3.76%

In general, the performance disparity between the Funds in the Spectrum
Series is due to the portfolio structure and trading approaches unique to
each Fund.  Spectrum Select, a technically-based multi-manager fund,
recorded gains primarily in the currency markets from trading in the Swiss
franc and New Zealand dollar and in the energy markets from long positions
in crude oil futures.  Spectrum Commodity, a fund that participates in the
tangible commodity markets from the long side, recorded profits primarily
in the energy markets from long positions in natural gas and crude oil
futures and in the agricultural markets from long futures positions in
soybeans and its related products.  Spectrum Technical, the other
technically-based multi-manager fund, produced gains primarily in the
energy markets from long positions in crude oil and natural gas futures.
Spectrum Global Balanced, a balanced portfolio of stocks, bonds and managed
futures, recorded gains in the energy markets from long positions in crude
oil futures and trading in global stock index futures.  Spectrum Currency,
a fund that participates exclusively in the currency markets, recorded
small gains primarily from short positions in the euro and Swiss franc.
Spectrum Strategic, a fund managed by multiple trading advisors who employ
fundamental trading methodologies, experienced difficulty in a wide variety
of markets, including energy, interest rate, currency and lumber futures.

Spectrum Commodity

The Fund increased in value during August due primarily to gains recorded
in the energy markets from long positions in natural gas futures as prices
moved higher amid supply and storage concerns.  Additional gains were
recorded from long positions in crude oil futures and its related products
as prices increased as ongoing supply concerns outweighed signals from OPEC
kingpin Saudi Arabia that it would seek a suitable production increase to
ease the crunch.  In the agricultural markets, profits were recorded later
in the month from long futures positions in soybeans and its related
products as prices surged on expectations that the searing heat in the U.S.
Delta will trim this year's production.  In the metals markets, gains were
recorded during month-end from long positions in nickel and copper futures
as prices moved higher on technically based buying.  A portion of these
gains was offset by losses recorded in the livestock markets from long
positions in lean hog and live cattle futures as prices declined on
disappointing cash prices and technically based selling.  In the soft
commodities markets, losses were experienced from long coffee futures
positions as prices decreased, pressured by rains in the coffee growing
areas of Brazil.

Spectrum Currency

The Fund increased in value during August primarily due to gains recorded
from short euro positions as the value of the European common currency
weakened versus the U.S. dollar and other major currencies amid a cooling
economy in Europe and in the wake of the European Central Bank decision to
raise interest rates.  Additional gains resulted from Swiss franc positions
as its value dropped against the U.S. dollar along with the euro.  Smaller
gains were experienced from short New Zealand dollar positions as its value
dropped alongside the euro and after worse-than-expected trade figures were
released.  A portion of overall Fund gains was offset by losses recorded
from short Japanese yen positions as the value of the yen strengthened
versus the U.S. dollar following comments by a senior Japanese official
stating that the

<PAGE>
Bank of Japan could raise interest rates further by December.  Additional
losses resulted from long Australian dollar
positions as its value declined versus the U.S. dollar on weakness in the
euro and the fading of Australian interest rate expectations.  Smaller
losses were incurred from short Singapore dollar positions early in the
month as its value rose versus the U.S. dollar due to the strength of the
Japanese yen.

Spectrum Global Balanced

The Fund increased in value during August due primarily to gains recorded
in the energy markets from long positions in crude oil futures and its
related products as prices increased as ongoing supply concerns outweighed
signals from Saudi Arabia that it would seek a suitable production increase
to ease the crunch.  In the global stock index futures markets, gains were
produced from long positions in FT-SE 100 Index futures as European stocks
rose during month-end as investors returned from holidays with renewed
confidence in technology, media and telecom shares.  In the currency
markets, profits were recorded from short positions in the New Zealand
dollar as its value continued to fall to a historic low versus the U.S.
dollar.  In the livestock markets, gains were recorded from short positions
in lean hog and live cattle futures as prices dropped on disappointing cash
prices and technically based selling.  In the global interest rate futures
markets, gains were recorded from long positions in U.S. interest rate
futures as domestic bond prices increased after the Federal Reserve left
its key bank-lending rate steady amid signs of moderation for the U.S.
economic expansion.  A portion of these gains was offset by losses recorded
in metals markets from short nickel futures positions as prices increased
on technically based buying.  In the agricultural markets, smaller losses
were incurred later in the month from short corn futures positions as
prices increased on escalating ideas that the crop may be getting smaller
due to ongoing hot, dry conditions in U.S. growing regions.

Spectrum Select

The Fund increased in value during August due primarily to gains recorded
in the currency markets from short positions in the Swiss franc as its
value weakened later in the month versus the U.S. dollar after the European
Central Bank raised its key interest rate by 25 basis points, as expected.
Additionally, profits were generated from short positions in the New
Zealand dollar as its value continued to fall to a historic low versus the
U.S. dollar.  In the energy markets, gains were recorded from long
positions in crude oil futures and its related products as prices increased
as ongoing supply concerns outweighed signals from Saudi Arabia that it
would seek a suitable production increase to ease the crunch.  Additional
gains were recorded from long positions in natural gas futures as prices
moved higher amid supply and storage concerns.  In soft commodities, gains
were produced from short positions in orange juice futures as prices moved
lower as Hurricane Debby was downgraded to a tropical storm thus reducing
its threat to Florida crops.  In the agricultural markets, profits were
recorded later in the month from long futures positions in soybean meal and
soybeans as prices surged on expectations that the searing heat in the U.S.
Delta will trim this year's production.  In the global interest rate
futures markets, gains were recorded from long positions in U.S. interest
rate futures as domestic bond prices increased after the Federal Reserve
left its key bank-lending rate steady amid signs of moderation for the U.S.
economic expansion.  A portion of these gains was offset by losses recorded
in the global stock index futures markets from short positions in Nikkei
225 Index futures as Japanese equity prices moved higher due to strength in
the technology sector.

Spectrum Strategic

The Fund decreased in value during August due primarily to losses recorded
in the energy markets from short positions in crude oil futures and its
related products as prices increased.  Ongoing supply concerns outweighed
signals from Saudi Arabia that it would seek a suitable production increase
to ease the crunch thus pressuring prices lower.  In the currency markets,
losses were incurred early in the month from long positions in the euro
versus the Japanese yen as the value of the euro weakened versus the yen
amid a cooling economy in Europe and reduced chances for a interest rate
hike in the near future.  In soft commodities, losses were experienced from
long positions in lumber futures as prices declined amid weak demand and
abundant supplies.  In the global interest rate futures markets, losses
were experienced from long positions in Japanese government bond futures as
prices fell on the back of growing hopes for an economic recovery and
higher interest rates in Japan.  A portion of these losses was offset by
gains recorded in the metals markets from long positions in copper and
aluminum futures as prices moved higher later in the month on technically
based buying.  In the agricultural markets, profits were recorded later in
the month from long positions in wheat futures as prices moved higher,
spurred by a surge in soybean prices and rumors circulating about potential
export business.
<PAGE>
Spectrum Technical

The Fund increased in value during August due primarily to gains recorded
in the energy markets from long positions in crude oil futures and its
related products as prices increased as ongoing supply concerns outweighed
signals from Saudi Arabia that it would seek a suitable production increase
to ease the crunch.  Additional gains were recorded from long positions in
natural gas futures as prices moved higher amid supply and storage
concerns.  In the livestock markets, gains were recorded from short
positions in live cattle futures as prices dropped on disappointing cash
prices, low beef values and technically based selling.  In soft
commodities, gains were recorded from long positions in sugar futures as
prices jumped higher later in the month supported by expectations that the
market's supply surplus will decline in the next several months.  A portion
of these gains was offset by losses recorded in the global stock index
futures markets from short positions in Nikkei 225 Index futures as
Japanese equity prices moved higher due to strength in the technology
sector.  In the global interest rate futures markets, losses were
experienced from long positions in Japanese government bond futures as
prices fell on the back of growing hopes for an economic recovery and
higher interest rates in Japan.  In the agricultural markets, losses were
incurred from short futures positions in soybeans and its related products
as prices surged on expectations that the searing heat in the U.S. Delta
will trim this year's production.  In the currency markets, losses were
experienced from short positions in the Japanese yen as the value of the
yen strengthened versus the U.S. dollar following comments by a senior
Japanese official stating that the Bank of Japan could raise interest rates
again by year-end.

Should you have any questions concerning this report, please feel free to
contact Demeter Management Corporation at Two World Trade Center, 62nd
Floor, New York , NY 10048, or your Morgan Stanley Dean Witter Financial
Advisor.

I hereby affirm, that to the best of my knowledge and belief, the
information contained in this report is accurate and complete.  Past
performance is not a guarantee of future results.

Sincerely,


Robert E. Murray
Chairman
Demeter Management Corporation
General Partner

<PAGE>
<TABLE>
Historical Fund Performance

Presented below is the percentage change in Net Asset Value per Unit from
the start of each calendar each the Fund has traded.  Also provided is the
inception-to-date return and the annualized return since inception for each
Fund.  PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
<CAPTION>
Funds                         Year                Return
<S>                      <C>                 <C>
Spectrum Commodity

                         1998                -34.3%
                         1998  15.8%
                         2000 (8 months)                 1.7%

                    Inception-to-Date Return:                  -22.6%
                    Annualized Return:                           -9.2%

___________________________________________________________________________
__________
Spectrum Currency             2000 (2 month)             1.0%

                    Inception-to-Date Return:                 1.0%
___________________________________________________________________________
___________
Spectrum Global Balanced
                         1994 (2 months)                -1.7%
                         1995                22.8%
                         1996                 -3.6%
                         1997                18.2%
                         1999 16.4%
                         1999                       0.8%
                         2000 (8 months)                -2.4%

                    Inception-to-Date Return:          -57.3%
                    Annualized Return:                             8.1%

___________________________________________________________________________
__________
Spectrum Select
                         1991 (5 months)                31.2%
                         1992 -14.4%
                         1993  41.6%
                         1994   -5.1%
                         1995  23.6%
                         1996    5.3%
                         1997    6.2%
                         1998                       14.2%
                         1999
-7.6%
                                   2000 (8 months)                 -6.0%
                    Inception-to-Date Return:               106.9%
                    Annualized Return                 8.3%
___________________________________________________________________________
__________
Spectrum Strategic
                         1994 (2 months)                 0.1%
                         1995                10.5%
                         1996                 -3.5%
                         1997                  0.4%
                         1998                       7.8%
                         1999
37.2%
                         2000 (8 months)               -32.1%

                    Inception-to-Date Return:                 7.7%
                    Annualized Return:               1.3%
</TABLE>
<PAGE>
<TABLE>

<CAPTION>

Spectrum Technical
<S>                      <C>                      <C>
                         1994 (2 months)                -2.2%
                         1995                17.6%
                         1996                18.3%
                         1997                  7.5%
                         1998                      10.2%
                         1999
-7.5%
                         2000 (8 months)                 -8.9%

                    Inception-to-Date Return:                35.9%
                    Annualized Return:               5.4%
</TABLE>
<PAGE>
<TABLE>
Morgan Stanley Dean Witter Spectrum Series
Statements of Operations
For the Month Ended August 31, 2000
(Unaudited)
<CAPTION>
                              Morgan Stanley Dean Witter   Morgan Stanley Dean
Witter     Morgan Stanley Dean Witter
                              Spectrum Commodity           Spectrum Currency
_     Spectrum Global Balanced
                                Percent of                  Percent of
Percent of
                                August 1, 2000         August 1, 2000
August 1, 2000
                                Beginning                   Beginning
Beginning
                              Amount      Net Asset Value    Amount   Net Asset
Value     Amount   Net Asset Value
                               $              %              $              %
$             %
REVENUES
<S>                          <C>          <C>                <C>          <C>
<C>              <C>
Trading profit (loss):
  Realized                   (470,812)     (2.27)             105          -
(430,341)                        (0.80)
  Net change in unrealized  1,485,759       7.17           97,814         1.08
2,023,023                         3.75

  Total Trading Results     1,014,947       4.90           97,919         1.08
1,592,682                         2.95
Interest Income (DWR)          88,658       0.42           28,863         0.32
284,903        0.53

  Total Revenues            1,103,605       5.32          126,782         1.40
1,877,585        3.48

EXPENSES
Brokerage fees (DWR)           79,429       0.38           34,584         0.38
206,678        0.38
Management fees                43,168       0.21                26,292
0.29                                   56,163        0.11
Incentive fees                   -           -                  26,231
0.29                                      -            -.

  Total Expenses              122,597       0.59           87,107         0.96
262,841        0.49

NET INCOME                    981,008       4.73           39,675         0.44
1,614,744        2.99

Morgan Stanley Dean Witter Spectrum Series
Statements of Changes in Net Asset Value
For the Month Ended August 31, 2000
(Unaudited)
                       Morgan Stanley Dean Witter          Morgan Stanley Dean
Witter                                Morgan Stanley Dean Witter
                       Spectrum Commodity                  Spectrum Currency
Spectrum Global Balanced     .
                      Units        Amount    Per Unit     Units        Amount
Per Unit     Units        Amount   Per Unit
                                      $          $                 $          $
<S>                   <C>           <C>           <C>     <C>           <C>
<C>       <C>             <C>        <C>
Net Asset Value,
 August 1, 2000      2,804,731.739  20,720,564    7.39     896,833.770
9,021,885   10.06   3,530,273.832    53,916,553  15.27
Net Income                  -          981,008    0.35          -
39,675    0.04           -         1,614,744   0.46
Redemptions            (42,954.218)   (332,466)   7.74          -              -
-      (45,079.906)     (709,107) 15.73
Subscriptions           35,803.104     277,116    7.74     120,074.493
1,212,752   10.10      37,899.246       596,155  15.73

Net Asset Value,
  August 31, 2000    2,797,580.625  21,646,222    7.74   1,016,908.263
10,274,312   10.10   3,523,093.172    53,418,345  15.73

The accompanying notes are an integral part of these financial statements.
</TABLE>
<PAGE>
<TABLE>
Morgan Stanley Dean Witter Spectrum Series
Statements of Operations
For the Month Ended August 31, 2000
(Unaudited)
<CAPTION>
                              Morgan Stanley Dean Witter   Morgan Stanley Dean
Witter     Morgan Stanley Dean Witter
                              Spectrum Select              Spectrum Strategic
_     Spectrum Technical
                                Percent of                  Percent of
Percent of
                                August 1, 2000         August 1, 2000
August 1, 2000
                                Beginning                   Beginning
Beginning
                              Amount      Net Asset Value    Amount   Net Asset
Value     Amount   Net Asset Value
                               $              %              $              %
$             %
<S>                         <C>           <C>           <C>             <C>
<C>            <C>
REVENUES
Trading profit (loss):
  Realized                    379,386     0.20         (4,136,223)      (4.87)
2,923,662        1.27
  Net change in unrealized  9,288,817       4.92       (2,463,046)       (2.90)
6,883,950                         2.99

  Total Trading Results     9,668,203       5.12       (6,599,269)       (7.77)
9,807,612                         4.26
Interest Income (DWR)         803,679       0.43          332,957         0.39
981,126        0.43

  Total Revenues           10,471,882       5.55       (6,266,312)       (7.38)
10,788,738        4.69

EXPENSES
Brokerage fees (DWR)        1,141,446       0.61          512,830         0.61
1,388,720        0.60
Management fees               472,322       0.25               246,885
0.29                                  766,191        0.33
  Total Expenses            1,613,768       0.86          759,715         0.90
2,154,911        0.93

NET INCOME (LOSS)           8,858,114       4.69       (7,026,027)       (8.28)
8,633,827        3.76

Morgan Stanley Dean Witter Spectrum Series
Statements of Changes in Net Asset Value
For the Month Ended August 31, 2000
(Unaudited)
                       Morgan Stanley Dean Witter          Morgan Stanley Dean
Witter                                Morgan Stanley Dean Witter
                       Spectrum Select                     Spectrum Strategic
Spectrum Technical          .
                      Units        Amount    Per Unit     Units        Amount
Per Unit     Units        Amount   Per Unit
                                      $          $                 $          $
<S>                 <C>             <C>          <C>     <C>            <C>
<C>    <C>              <C>         <C>
Net Asset Value,
 August 1, 2000      9,559,345.727  188,928,954  19.76   7,230,209.291
84,882,157   11.74  17,549,805.725  229,857,139  13.10
Net Income (Loss)           -         8,858,114   0.93         -
(7,026,027)  (0.97)         -         8,633,827   0.49
Redemptions           (130,627.549)  (2,702,684) 20.69   (117,454.430)
(1,264,984)  10.77    (327,537.052)  (4,451,228) 13.59
Subscriptions           87,543.914    1,811,283  20.69    104,925.675
1,130,049   10.77     150,366.417    2,043,479  13.59

Net Asset Value,
  August 31, 2000    9,516,262.092  196,895,667  20.69   7,217,680.536
77,721,195   10.77  17,372,635.090  236,083,217  13.59

The accompanying notes are an integral part of these financial statements.
</TABLE>


<PAGE>
Morgan Stanley Dean Witter Spectrum Series
Notes to Financial Statements
(Unaudited)

1.  Summary of Significant Accounting Policies

Organization - Morgan Stanley Dean Witter Spectrum Commodity
L.P. ("Spectrum Commodity," formerly Morgan Stanley Tangible
Asset Fund L.P.), Morgan Stanley Dean Witter Spectrum Currency
L.P. ("Spectrum Currency"), Morgan Stanley Dean Witter Spectrum
Global Balanced L.P. ("Spectrum Global Balanced"), Morgan
Stanley Dean Witter Spectrum Select L.P. ("Spectrum Select"),
Morgan Stanley Dean Witter Spectrum Strategic L.P. ("Spectrum
Strategic") and Morgan Stanley Dean Witter Spectrum Technical
L.P. ("Spectrum Technical"), (individually, a "Partnership", or
collectively, the "Partnerships"), are limited partnerships
organized to engage primarily in the speculative trading of
futures, forwards, and options contracts on physical
commodities and other commodity interests, including, but not
limited to foreign currencies, financial instruments, metals,
energy and agricultural products (collectively, "futures
interests").

The general partner for each Partnership is Demeter Management
Corporation ("Demeter").  The non-clearing commodity broker for
the Partnerships is Dean Witter Reynolds, Inc. ("DWR") and an
unaffiliated clearing commodity broker, Carr Futures Inc.
("Carr"), provides clearing and execution services for Spectrum
Currency, Spectrum Global Balanced, Spectrum Select and
Spectrum Technical. The clearing commodity brokers for Spectrum
Commodity are Morgan Stanley & Co. Incorporated ("MS & Co.")
and Morgan Stanley & Co. International Limited ("MSIL").
Morgan Stanley Dean Witter Commodities Management, Inc.
("MSCM") is the trading advisor to Spectrum Commodity.  For
Spectrum Strategic, Carr provides clearing and execution
services for Blenheim Investments Inc. ("Blenheim") and Allied
Irish Capital Management, Ltd. ("AICM"), while MS & Co. and
MSIL provide clearing and execution services for Eclipse
Capital Management, Inc. ("Eclipse").  Demeter, DWR, MS& Co.,
MSCM and MSIL are wholly-owned subsidiaries of Morgan Stanley
Dean Witter & Co.

Demeter is required to maintain a 1% minimum interest in the
equity of each Partnership and income (losses) are shared by
Demeter and the Limited Partners based upon their proportional
ownership interests.

Use of Estimates - The financial statements are prepared in
accordance with generally accepted accounting principles, which
require management to make estimates and assumptions that
affect the reported amounts in the financial statements and
related disclosures.  Management believes that the estimates
utilized in the preparation of the financial statements are
prudent and reasonable.  Actual results could differ from those
estimates.

Revenue Recognition - Futures interests are open commitments
until settlement date.  They are valued at market on a daily
basis and the resulting net change in unrealized gains and
losses is reflected in the changes in unrealized profits
(losses) on open contracts from one period to the next in the
statements of operations.  Monthly, DWR pays interest income on
80% of the month's average daily "Net Assets" (as defined in
the limited partnership agreements) of
Spectrum Commodity, Spectrum Currency, Spectrum Select,
Spectrum Strategic and Spectrum Technical, and 100% in the case
of Spectrum Global Balanced.  The interest rates used are equal
to a prevailing rate on U.S. Treasury bills.  For purposes of
such interest payments, Net Assets do not include monies due
the Partnerships on futures interests, but not actually
received.

Net Income (Loss) per Unit - Net income (loss) per unit of
limited partnership interest ("Unit(s)") is computed using the
weighted average number of Units outstanding during the period.


<PAGE>
Morgan Stanley Dean Witter Spectrum Series
Notes to Financial Statements
(Continued)


Brokerage and Related Transaction Fees and Costs - The
brokerage fees for Spectrum Commodity, Spectrum Currency, and
Spectrum Global Balanced are accrued at a flat monthly rate of
1/12 of 4.60% (a 4.60% annual rate) of Net Assets as of the
first day of each month.

Brokerage fees for Spectrum Select, Spectrum Strategic and
Spectrum Technical are accrued at a flat monthly rate of 1/12
of 7.25% (a 7.25% annual rate) of  Net Assets as of the first
day of each month.

Such fees currently cover all brokerage commissions,
transaction fees and costs and ordinary administrative and
continuing offering expenses.

Operating Expenses - The Partnerships incur monthly management
fees and may incur incentive fees.  All common administrative
and continuing offering expenses including legal, auditing,
accounting, filing fees and other related expenses are borne by
DWR through the brokerage fees paid by each Partnership.

Income Taxes - No provision for income taxes has been made in
the accompanying financial statements, as partners are
individually responsible for reporting income or loss based
upon their respective share of each Partnership's revenues and
expenses for income tax purposes.

Distributions - Distributions, other than redemptions of Units,
are made on a pro-rata basis at the sole discretion of Demeter.
No distributions have been made to date.

Continuing Offering - Units of each Partnership are offered at
a price equal to 100% of the Net Asset Value per Unit as of the
close of business on the last day of the month.  No selling
commissions or charges related to the continuing offering of
Units are borne by the Limited Partners or the Partnership.
DWR will pays all such costs.

Redemptions - Limited Partners may redeem some or all of their
Units at 100% of the Net Asset Value Per Unit as of the end of
the last day of any month that is at least six months after the
closing at which a person becomes a Limited Partner, upon five
business days advance notice by redemption form to Demeter.
Thereafter, Units redeemed on or prior to the last day of the
twelfth month after such Units were purchased will be subject
to a redemption charge equal to 2% of the Net Asset Value of a
Unit on the date of such redemption.  Units redeemed after the
last day of the twelfth month and on or prior to the last day
of the twenty-fourth month after which such Units were
purchased will be subject to a redemption charge equal to 1% of
the Net Asset Value of a Unit on the date of such redemption.
Units redeemed after the last day of the twenty-fourth month
after which such Units were purchased will not be subject to a
redemption charge.  The foregoing redemptions charges will be
paid to DWR.  Redemptions must be made in whole Units, in a
minimum amount of 50 Units, unless a Limited Partner is
redeeming his entire interest in a Partnership.

Exchanges - On the last day of the first month which occurs
more than six months after a person first becomes a Limited
Partner in any of the Partnerships, and at the end of each
month thereafter, Limited Partners may exchange their
investment among the Partnerships (subject to certain
restrictions outlined in the Limited Partnership Agreements)
without paying additional charges.



<PAGE>
Morgan Stanley Dean Witter Spectrum Series
Notes to Financial Statements
(Continued)



Dissolution of the Partnership - Spectrum Commodity will
terminate on December 31, 2027, Spectrum Currency, Spectrum
Global Balanced, Spectrum Strategic and Spectrum Technical will
terminate on December 31, 2035 and Spectrum Select will
terminate on December 31, 2025 regardless of financial
condition at such time, or at an earlier date under certain
conditions as defined in each Partnership's Limited Partnership
Agreement.

2.  Related Party Transactions

Spectrum Commodity pays brokerage fees to MS & Co. and MSIL.
Spectrum Currency, Spectrum Global Balanced, Spectrum Select,
Spectrum Strategic and Spectrum Technical each pay brokerage
fees to DWR as described in Note 1.  Spectrum Commodity's cash
is on deposit with MS & Co. and MSIL and Spectrum Currency's,
Spectrum Global Balanced's, Spectrum Select's, Spectrum
Strategic's and Spectrum Technical's cash is on deposit with
DWR and Carr in futures interests trading accounts to meet
margin requirements as needed.  DWR and MS & Co. pay interest
on these funds as described in Note 1.

3.  Trading Advisors

Demeter, on behalf of each Partnership, retains certain
commodity trading advisors to make all trading decisions for
the Partnerships.  The trading advisors for each Partnership
are as follows:

Morgan Stanley Dean Witter Spectrum Commodity L.P.
  Morgan Stanley Dean Witter Commodities Management Inc.

Morgan Stanley Dean Witter Spectrum Currency L.P.
  John W. Henry & Company, Inc. ("JWH")
  Sunrise Capital Partners, LLC ("Sunrise")

Morgan Stanley Dean Witter Spectrum Global Balanced L.P.
  RXR, Inc.

Morgan Stanley Dean Witter Spectrum Select L.P.
  EMC Capital Management, Inc.
  Rabar Market Research, Inc.
  Sunrise Capital Management, Inc.

Morgan Stanley Dean Witter Spectrum Strategic L.P.
  Allied Irish Capital Management, Ltd. ("AICM")
  Blenheim Investments, Inc. ("Blenheim")
  Eclipse Capital Management, Inc.

Morgan Stanley Dean Witter Spectrum Technical L.P.
  Campbell & Company, Inc.) ("Campbell")
  Chesapeake Capital Corporation ("Chesapeake")
  John W. Henry & Company, Inc. ("JWH")

Compensation to the trading advisors by the Partnerships
consists of a management fee and an incentive fee as follows:




<PAGE>
Morgan Stanley Dean Witter Spectrum Series
Notes to Financial Statements
(Concluded)


Management Fee - The management fee for Spectrum Commodity is
accrued at a rate of 5/24 of 1% of Net Assets on the first day
of each month (a 2.5% annual rate).

The management fee for Spectrum Global Balanced is accrued at a
rate of 5/48 of 1% of Net Assets on the first day of each month
(a 1.25% annual rate).

The management fees for Spectrum Currency are accrued at a rate
of 1/12 of 4% of Net Assets allocated to JWH on the first day
of each month, and 1/12 of 3% of Net Assets allocated to
Sunrise on the first day of each month (annual rates of 4% and
3%, respectively).

The management fee for Spectrum Select is accrued at a rate of
1/4 of 1% of Net Assets on the first day of each month (a 3%
annual rate).

The management fees for Spectrum Strategic are accrued at a
rate of 1/12 of 4% of Net Assets allocated to Blenheim on the
first day of each month, and 1/12 of 3% of Net Assets allocated
to AICM and Eclipse on the first day of each month (annual
rates of 4% and 3%, respectively).

The management fee for Spectrum Technical is accrued at a rate
of 1/3 of 1% of Net Assets on the first day of each month (a 4%
annual rate).

Incentive Fee - Spectrum Commodity pays an annual incentive fee
equal to 20% of the trading profits as of the end of each
calendar year.

Spectrum Currency, Spectrum Global Balanced, Spectrum Select
and Spectrum Strategic each pay a monthly incentive fee equal
to 15% of the trading profits experienced with respect to each
trading advisor's allocated Net Assets as of the end of each
calendar month.

Spectrum Technical pays a monthly incentive fee equal to 15% of
the trading profits experienced with respect to the Net Assets
allocated to Campbell and JWH and 19% of the trading profits
experienced with respect to the Net Assets allocated to
Chesapeake as of the end of each calendar month.

Trading profits for the Partnership's represent the amount by
which profits from futures, forward and options trading exceed
losses after brokerage and management fees are deducted.

For all Partnerships, when trading losses are incurred, no
incentive fees will be paid in subsequent months until all such
losses are received.  Cumulative trading losses are adjusted on
a pro-rata basis for the net amount of each months
subscriptions and redemptions.



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