| Delaware                             | 30-0408280               |
|--------------------------------------|--------------------------|
| (State      or other jurisdiction of | (I.R.S.      Employer    |
| incorporation      or organization)  | Identification      No.) |

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| Large accelerated      filer __                                           | Accelerated filer      __         |
|--------------------------------------------------------------------------------|-----------------------------------|
|                                                                           |                              |
| Non-accelerated      filer X(Do      not check if a smaller reporting company) | Smaller reporting      company __ |

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| 1.     | Financial Statements of the      Registrant                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
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|   | Report      of Independent Registered Public Accounting Firm                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |
|   | Statements      of Financial Condition as of December 31, 2008 and 2007                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |
|   | Statements      of  Operations for the year ended December 31, 2008and      for the period April 2, 2007 (commencement of operations)to      December 31, 2007                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |
|   | Statements      of Changes in Members’ Capital for the year ended December 31,      2008and      for the period April 2, 2007 (commencement of operations)to      December 31, 2007                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |
|   | Financial      Data Highlights for the year ended December 31, 2008and      for the period April 2, 2007 (commencement of operations)to      December 31, 2007                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |
|   | Notes      to Financial Statements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |
| 2.     | Financial Statement    Schedules:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |
|   | (a)  Financial Statements      of  ML Altis FuturesAccess LLCReport      of Independent Registered Public Accounting FirmStatements      of Financial Condition as of December 31, 2008 and 2007Statements      of Operations for the year ended December 31, 2008 and for the period      April 2, 2007 (commencement of operations) to December 31,      2007Statements      of Changes in Member’s Capital for the year ended December 31, 2008 and      for the period April 2, 2007 (commencement of operations) to December 31,      2007Financial      Data Highlights for the year ended December 31, 2008 and for period April      2, 2007 (commencement of operations) to December 31, 2007Notes      to Financial Statements(b)  Financial Statements      of ML TransTrend DTP Enhanced FuturesAccess LLCReport      of Independent Registered Public Accounting FirmStatements      of Financial Condition as of December 31, 2008 and 2007Statements      of Operations for the year ended December 31, 2008 and for the period      April 2, 2007 (commencement of operations) to December 31,      2007Statements      of Changes in Member’s Capital for the year ended December 31, 2008 and      for the period April 2, 2007 (commencement of operations) to December 31,      2007Financial      Data Highlights for the year ended December 31, 2008 and for period April      2, 2007 (commencement of operations) to December 31, 2007Notes      to Financial Statements |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |
|   | Financial      statement schedules not included in this Form 10-K/A have been omitted for      the reason that they are not required or are not applicable or that      equivalent information has been included in the financial statements or      notes thereto.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |
| 3.     | Exhibits:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |
|   | The      following exhibits are incorporated by reference or are filed herewith to      this Annual Report on Form 10-K/A:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |

| Designation    | Description                                                                                                                                                                                                                                      |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|           |                                                                                                                                                                                                                                             |
| 3.01           | Certificate      of Formation of ML Systematic Momentum FuturesAccess  LLC.                                                                                                                                                                      |
|           |                                                                                                                                                                                                                                             |
| Exhibit 3.01:  | Is      incorporated herein by reference from Exhibit 3.01 contained in the      Registration Statement filed on March 15, 2007, on Form 10 under the      Securities Exchange Act of 1934 (the Registrant’s Registration      Statement). |
|           |                                                                                                                                                                                                                                             |
| 3.02           | Limited      Liability Company Operating Agreement of ML Systematic Momentum      FuturesAccess LLC.                                                                                                                                             |
|           |                                                                                                                                                                                                                                             |
| Exhibit 3.02:  | Is      incorporated by reference from Exhibit 4.01 contained in the Registrant’s      Registration Statement.                                                                                                                             |
|           |                                                                                                                                                                                                                                             |
| 10.01          | Selling      Agreement by and among ML Systematic Momentum FuturesAccess LLC and      Merrill Lynch Alternative Investments LLC                                                                                                                  |
|           |                                                                                                                                                                                                                                             |
| Exhibit 10.01: | Is      incorporated by reference from Exhibit 10.01 contained in the Registrant’s      Registration Statement.                                                                                                                            |
|           |                                                                                                                                                                                                                                             |
| 13.01          | Registrant's      2008 Annual Report and Report of Independent Registered Public Accounting      Firm.                                                                                                                                           |
|           |                                                                                                                                                                                                                                             |
| 13.02          | Financial      Statements of ML Altis Futures Access LLC                                                                                                                                                                                         |
|           |                                                                                                                                                                                                                                             |
| 13.03          | Financial      Statements of ML TransTrend DTP Enhanced Futures Access  LLC                                                                                                                                                                      |

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|                             |                                         |
|----------------------------------|----------------------------------------------|
| Exhibits 13.01, 13.02 and 13.03: | Are filed      herewith.                |
|                             |                                         |
| 31.01      and 31.02             | Rule      13a-14(a)/15d-14(a) Certifications |
|                             |                                         |
| Exhibit 31.01 and      31.02:    | Are      filed herewith.                     |
|                             |                                         |
| 32.01      and 32.02             | Section      1350 Certifications             |
|                             |                                         |
| Exhibit 32.01 and      32.02:    | Are      filed herewith.                     |

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|   | ML SYSTEMATIC MOMENTUM      FUTURESACCESS LLC                          |   |
|--------|------------------------------------------------------------------------|--------|
|   | By:       MERRILL LYNCH ALTERNATIVE      INVESTMENTS LLC, Manager |   |
|   | By:       /s/ Justin C.      Ferri                           |   |
|   | Justin      C. Ferri                                                   |   |
|   | Chief      Executive Officer, President and Manager                    |   |
|   | (Principal      Executive Officer)                                     |   |

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| Exhibit      13.01           | Registrant's      2008 Annual Report and Report of Independent Registered Public Accounting      Firm                                                                                                                                                                    |
|------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                         |                                                                                                                                                                                                                                                                     |
| Exhibit      13.02           | ML      Altris FuturesAccess LLC’s Financial Statements for the year ended      December 31, 2008 and for the period April 2, 2007 (commencement of      operations) to December 31, 2007, and Independent Auditor’s      Report                             |
|                         |                                                                                                                                                                                                                                                                     |
| Exhibit      13.03           | ML      TransTrend DTP Enhanced FuturesAccess LLC’s  Financial      Statements for the year ended December 31, 2008 and for the period April      2, 2007 (commencement of operations) to December 31, 2007, and Independent      Auditor’s Report |
|                         |                                                                                                                                                                                                                                                                     |
| Exhibit      31.01 and 31.02 | Rule      13a – 14(a) / 15d – 14(a) Certifications                                                                                                                                                                                                           |
|                         |                                                                                                                                                                                                                                                                     |
| Exhibit      32.01 and 32.02 | Sections      1350 Certifications                                                                                                                                                                                                                                        |

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