Filed pursuant to Rule 424(b)(3)
Registration Statement No. 333-146177
For Month Ended | For Month Ended | |||||||||||||||||||||||
November 30, 2010 | November 30, 2010 | |||||||||||||||||||||||
UNAUDITED | UNAUDITED | |||||||||||||||||||||||
Statement of Income | Month | Year to Date | Month | Year to Date | Month | Year to Date | ||||||||||||||||||
(A Units) | (A Units) | (B Units) | (B Units) | Total | Total | |||||||||||||||||||
Trading Income (Loss) | ||||||||||||||||||||||||
Realized Trading Income (Loss) | $ | 679,372 | $ | 1,950,560 | $ | 18,346 | $ | 57,062 | $ | 697,718 | $ | 2,007,622 | ||||||||||||
Change in Unrealized Income (Loss) | (2,194,214 | ) | (711,651 | ) | (59,253 | ) | (21,034 | ) | (2,253,467 | ) | (732,685 | ) | ||||||||||||
Foreign Currency Transaction Income (Loss) | (10,392 | ) | 674,511 | (281 | ) | 15,142 | (10,673 | ) | 689,653 | |||||||||||||||
Net Trading Income (Loss) | (1,525,234 | ) | 1,913,420 | (41,188 | ) | 51,170 | (1,566,422 | ) | 1,964,590 | |||||||||||||||
Other Income | ||||||||||||||||||||||||
Interest Income | 14,201 | 64,257 | 384 | 1,575 | 14,585 | 65,832 | ||||||||||||||||||
Total Income (Loss) | 14,201 | 64,257 | 384 | 1,575 | 14,585 | 65,832 | ||||||||||||||||||
Expenses | ||||||||||||||||||||||||
Advisory Incentive Fees | (37,153 | ) | 28,302 | (1,003 | ) | 769 | (38,156 | ) | 29,071 | |||||||||||||||
Management Fees | 73,697 | 838,655 | 1,990 | 19,097 | 75,687 | 857,752 | ||||||||||||||||||
Organization and Offering Expenses | 9,737 | 68,366 | 263 | 1,864 | 10,000 | 70,230 | ||||||||||||||||||
Administrative Expenses | 36,027 | 832,623 | 973 | 18,146 | 37,000 | 850,769 | ||||||||||||||||||
Brokerage Expenses | 212,656 | 2,127,547 | 3,384 | 26,156 | 216,040 | 2,153,703 | ||||||||||||||||||
Total Expenses | 294,964 | 3,895,493 | 5,607 | 66,032 | 300,571 | 3,961,525 | ||||||||||||||||||
Net Income (Loss) | $ | (1,805,997 | ) | $ | (1,917,816 | ) | $ | (46,411 | ) | $ | (13,287 | ) | $ | (1,852,408 | ) | $ | (1,931,103 | ) | ||||||
Statement of Changes in Net Asset Value | ||||||||||||||||||||||||
Beginning Balance | 53,842,408 | 57,912,179 | 1,449,573 | 981,767 | 55,291,981 | 58,893,946 | ||||||||||||||||||
Additions | 207,800 | 5,297,143 | 10,000 | 608,668 | 217,800 | 5,905,811 | ||||||||||||||||||
Net Income (Loss) | (1,805,997 | ) | (1,917,816 | ) | (46,411 | ) | (13,287 | ) | (1,852,408 | ) | (1,931,103 | ) | ||||||||||||
Transfers from Class A to Class B | - | (65,443 | ) | - | 65,443 | - | - | |||||||||||||||||
Redemptions | (1,104,676 | ) | (10,086,528 | ) | - | (229,429 | ) | (1,104,676 | ) | (10,315,957 | ) | |||||||||||||
Balance at November 30, 2010 | $ | 51,139,535 | $ | 51,139,535 | $ | 1,413,162 | $ | 1,413,162 | $ | 52,552,697 | $ | 52,552,697 |
Total Units Held at End of the Period | 516,142 | 13,727 | ||||||||||||||
Net Asset Value Per Unit | $ | 99.08 | $ | 102.95 | ||||||||||||
Rate of Return | -3.35 | % | -3.66 | % | -3.18 | % | -1.87 | % |
To the best of my knowledge and belief, the information
contained herein is accurate and complete
/s/Annette A. Cazenave
Executive Vice President, R.J. O'Brien Fund Management, LLC
Managing Owner, RJO Global Trust
NOT FOR USE AFTER February 28, 2011