1005177--3/29/2007--ML_JWH_STRATEGIC_ALLOCATION_FUND_LP

related topics
{stock, price, operating}
{investment, property, distribution}
{gas, price, oil}
{loan, real, estate}
{loss, insurance, financial}
{interest, director, officer}
{system, service, information}
{operation, international, foreign}
{regulation, change, law}
{tax, income, asset}
The Large Size of the Partnership s Trading Positions Increases the Risk of Sudden, Major Losses Investors Must Not Rely on the Past Performance of the Partnership in Deciding Whether to Buy Units Lack of the Types of Price Trends Which JWH The Danger to the Partnership of Whipsaw Markets The Similarities Among the JWH Overlap of the Markets Traded by JWH The Partnership s Substantial Expenses Will Cause Losses Unless Offset by Profits Increased Competition from Other Trend-Following Traders Could Reduce JWH s High Level of Equity Under Management Could Lead to Diminished Returns Illiquid Markets Could Make It Impossible for JWH The Partnership Trades Extensively in Foreign Markets; These Markets Are Less Regulated Than U.S. Markets and Are Subject to Exchange Rate, Market Practice and Political Risks Risks of Electronic Trading and Order Routing Systems The Partnership Could Lose Assets and Have Its Trading Disrupted Due to the Bankruptcy of MLPF S or Others Regulatory Changes Could Restrict the Partnership s Operations Premature Termination of the Partnership

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