UNITED STATES
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
August 18, 2006
Date of Report (Date of Earliest Event Reported)
FUTURES STRATEGIC TRUST
(Exact name of Registrant as Specified in its Charter)
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| Delaware | | 0-23885 | | 13-7075398 |
(State or other Jurisdiction of Incorporation or Organization) | | (Commission File Number) | | (I.R.S. Employer Identification No.) |
900 King Street, Rye Brook, New York 10573
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (914) 307-7000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Preferred Investment Solutions Corp. (“Preferred”), the managing owner of Registrant, intends to terminate Graham Capital Management, L.P. (“Graham”) as a Trading Advisor (and terminate Registrant’s Trading Advisor Agreement with Graham) and allocate all of Registrant’s assets to Bridgewater Associates, Inc. as of October 31, 2006. A copy of the related Letter to Investors is filed herewith as Exhibit 99.2 to this Form 8-K and is incorporated herein by reference in its entirety.
| Item 9.01 | Financial Statements and Exhibits |
| | |
| Exhibit No. | | Description |
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| 99.2 | | Letter dated August 18, 2006 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following person on behalf of the Registrant in the capacity indicated on August 22, 2006.
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| | FUTURES STRATEGIC TRUST (Registrant) |
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Date: August 22, 2006 | | By: | | Preferred Investment Solutions Corp., its Managing Owner |
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| | | By: | | /s/ Lawrence S. Block |
| | | | Name: | | Lawrence S. Block |
| | | | Title: | | Senior Vice President and General Counsel |
