SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
________________________________________
FORM 8-K/A
Amendment No. 1
________________________________________
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 10, 2011
TRIVIEW GLOBAL FUND, LLC
(Exact Name of Registrant as Specified in Charter)
________________________________________
DELAWARE 333-119655 20-1689686
(State or Other (Commission (IRS Employee
Jurisdiction File No.) Identification No.)
of Incorporation or
Organization)
505 Brookfield Drive
Dover, Delaware 19901
(Address of Principal Executive Offices)
(800) 331-1532
(Registrant's Telephone Number)
None
(Former name or former address, if changed since last report.)
[ ] 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))
1
Item 1. Registrant's Business and Operations.
None.
Item 2 Financial Information
None.
Item 3. Securities and Trading Markets.
None.
Item 4. Matters Related to Accountants and Financial Statements
None.
Item 5. Corporate Governance and Management.
None.
Item 6. Asset-Backed Securities.
None.
Item 7. Regulation FD.
None.
Item 8. Other Events.
On July 7, 2011, the Fund had sold $1,376,332.86 in Units and commenced
business as of that date. On August 10, 2011, the Fund provided written
notice to Unitholders of the following operational changes to the Fund
to become effective September 1, 2011.
* Futures Investment Company ("FIC"), an affiliated introducing broker of
the Managing Member, will no longer be paid $15 per round turn brokerage
commissions. This updates the following sections of the Fund's prospectus
dated July 6, 2011 (the "Prospectus"): "The Risks" on the cover page, "Charges
to the Fund" table on page 3, "We must pay substantial fees, charges and
expenses regardless of profitability which must be recovered before you can
receive a return on your investment" on page 7, the Break-Even Table and
Footnote 5 on page 16, "Compensation of the Introducing Broker" on page 20,
"Charges to the Fund" table on page 22, "Fund Offering Details" on page SAI-7,
and Section 9 of Appendix A entitled "Compensation to the Introducing Broker,
Managing Member and the Commodity Trading Advisor".
2
* The Managing Member will no longer be paid a 2.5% annual management fee.
This updates the following sections of the Prospectus: "The Risks" on the
cover page, "Charges to the Fund" table on page 3, "We must pay substantial
fees, charges and expenses regardless of profitability which must be recovered
before you can receive a return on your investment" on page 7, " Fund fees may
be higher than they would be if they were negotiated" on page 12 (revised
below), "Executive Compensation" on page 15, the Break-Even Table and Footnote
6 on page 16, "Compensation of the Managing Member" on page 20, "Charges to
the Fund" table on page 22, "Fund Offering Details" on page SAI-7, and Section
9 of Appendix A entitled "Compensation to the Introducing Broker, Managing
Member and the Commodity Trading Advisor".
* The Fund will pay total fixed brokerage commissions of 10% annually,
paid monthly, upon the prior month-end net assets, with 2.5% annually paid to
the Managing Member and 7.5% annually to FIC. This updates the following
sections of the Prospectus: "The Risks" on the cover page, "Charges to the
Fund" table on page 3, "We must pay substantial fees, charges and expenses
regardless of profitability which must be recovered before you can receive a
return on your investment" on page 7, " Fund fees may be higher than they
would be if they were negotiated" on page 12 (revised below), "Executive
Compensation" on page 15, the Break-Even Table and Footnote 6 on page 16,
"Compensation of the Managing Member" on page 20, "Compensation of the
Introducing Broker" on page 20, "Charges to the Fund" table on page 22, "Fund
Offering Details" on page SAI-7, and Section 9 of Appendix A entitled
"Compensation to the Introducing Broker, Managing Member and the Commodity
Trading Advisor".
* All other fees remain the same, including, but not limited to, the
trading advisor's management and incentive fee, and estimated per round turn
costs paid by the introducing broker to the futures commission merchant.
* The corporate Managing Member withdrew its CFTC registration as
commodity trading advisor on August 4, 2011 because it had never conducted
business in that capacity.
* The following updates the conflicts of interest disclosure on page 12 of
the Prospectus:
Fund fees may be higher than they would be if they were negotiated.
The brokerage commissions to the managing member and the affiliated
introducing broker have not been negotiated at arm's length. The corporate
managing member accepts the credit risk of the Fund to the futures commission
merchants and maintains the day to day contact with the selling agent and the
commodity trading advisors. It also reviews the daily positions and margin
requirements of the Fund. The individual managing member is also the
principal of the corporate managing member and a principal and 50% owner of
Futures Investment Company, the selling agent and introducing broker. He has
a conflict of interest because he is compensated through the managing member
and the introducing broker. Specifically, the managing member is paid 2.5%
annual brokerage commissions by the Fund, and the introducing broker retains
approximately half or less of the 7.5% annual brokerage commissions it is
paid. The payment of fixed percentage brokerage commissions as opposed to
round turn commissions creates a conflict of interest because the managing
member may be incentivized to cause the Fund to trade less frequently to
maximize its retention of fixed brokerage commissions.
3
The Managing Member had estimated in the Prospectus that the $15 per round
turn brokerage commissions would amount to 7.5% annually. Accordingly, total
fees are estimated to remain the same as a result of this change, as are the
break even percentages disclosed on page 16 of the Prospectus.
Item 9. Financial Statements and Exhibits.
None.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this 8-K report to be signed on its behalf by the
undersigned hereunto duly authorized.
Registrant: TriView Global Fund, LLC
By TriView Capital Management, Inc.
Its Managing Member
By: /s/ Michael Pacult
Mr. Michael Pacult
Sole Director, Sole Shareholder,
President, and Treasurer
Date: September 8, 2011
4
