WITTER DEAN WORLD CURRENCY FUND L P
8-K, 2001-01-03
REAL ESTATE INVESTMENT TRUSTS
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                       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)  DECEMBER 1, 2000
                                                        ----------------

                      DEAN WITTER WORLD CURRENCY FUND L.P.
                      ------------------------------------
             (Exact name of registrant as specified in its charter)



      DELAWARE                   0-23826                13-3700691
      --------                   -------                ----------
      (State or other            (Commission           (IRS Employer
      jurisdiction of            File Number)          Identification
      incorporation)                                       Number)


                       C/O DEMETER MANAGEMENT CORPORATION
          TWO WORLD TRADE CENTER, 62ND FLOOR, NEW YORK, NEW YORK     10048
      (Address of Principal Executive Offices)                     (Zip Code)



       Registrant's telephone number, including area code:   (212) 392-5454
                                                             --------------



       ------------------------------------------------------------------
           (Former Name or Former Address, if Changed Since Last Report)



<PAGE>


Item 5.  Other Events
         ------------

        Effective December 1, 2000, Dean Witter World Currency Fund L.P. (the
"Fund") and Dean Witter Reynolds Inc. ("DWR") amended their management agreement
with John W. Henry & Company, Inc. ("JWH") under which the monthly management
fee paid by the Fund and DWR to JWH was reduced from a 4% to a 2% annual rate.
Additionally, the quarterly incentive fee paid by the Fund to JWH was changed
from 17.5% to 20% of Fund trading profits, as determined from the end of the
last period in which an incentive fee was earned.

        Effective December 1, 2000, Dean Witter World Currency Fund L.P. (the
"Fund") amended its management agreement with Millburn Ridgefield Corporation
("Millburn") under which the management fee paid by the Fund to Millburn was
reduced from a 3% to a 2% annual rate. Additionally, the quarterly incentive fee
paid by the Fund to Millburn was changed from 17.5% to 20% of Fund trading
profits, as determined from the end of the last period in which an incentive fee
was earned.





                                   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.


                                          Dean Witter World Currency Fund L.P.


                                          By:   Demeter Management Corporation,
                                                as General Partner


                                          By: /s/ Robert E. Murray
                                             -----------------------------------
                                             Robert E. Murray
                                             President



Dated:  January 3, 2001




                                        2

<PAGE>



                                  EXHIBIT INDEX

EXHIBIT                       DESCRIPTION
-------                       -----------

10.1    Amendment to Management  Agreement among Dean Witter World Currency Fund
        L.P., Dean Witter Reynolds Inc. and John W. Henry & Company, Inc., dated
        November 30, 2000

10.2    Amendment to  Management  Agreement  between Dean Witter World  Currency
        Fund L.P. and Millburn Ridgefield Corporation, dated November 30, 2000






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