WORLD MONITOR TRUST III SERIES J CLASS 1
Unaudited Account Statement
For the Month Ending August 31, 2008
Dear Interest Holder:
Enclosed is the report for the period of August 31, 2008 for World Monitor Trust III Series J Class 1. The net asset value of an interest as of August 31, 2008 was $112.44, a decrease of -4.29% from the July 31, 2008 value of $117.48. The calendar year-to-date return for World Monitor Trust III Series J Class 1 was an increase of +6.67% as of August 31, 2008.
STATEMENT OF INCOME (LOSS)
Trading Income (Loss) | ||||
Realized Trading Gain/(Loss) | $ | 195,837.22 | ||
Change in Unrealized Gain/(Loss) | $ | (4,466,195.57 | ) | |
Gain/(Loss) on Other Investments | $ | 0.00 | ||
Brokerage Commission | $ | (26,360.59 | ) | |
Total Trading Income | $ | (4,296,718.94 | ) | |
Expenses | ||||
Audit Fees | $ | 0.00 | ||
Administrative and Legal Fees | $ | 11,358.72 | ||
Management Fees | $ | 42,163.21 | ||
Advisory Fees | $ | 176,171.77 | ||
Offering Fees | $ | 0.00 | ||
Incentive Fees | $ | (50,826.37 | ) | |
Other Expenses | $ | 292,987.99 | ||
Total Expenses | $ | 471,855.32 | ||
Interest Income | $ | 427,993.27 | ||
Net Income (Loss) from the Period | $ | (4,340,580.99 | ) | |
STATEMENT OF CHANGES IN NET ASSET VALUE (NAV)
| Total | NAV Per Unit | ||||||
Beginning of Month | $ | 101,191,693.19 | $ | 117.48 | |||
Addition | $ | 4,013,300.00 | |||||
Withdrawal | $ | (535,151.90 | ) | ||||
Net Income/(Loss) | $ | (4,340,580.99 | ) | ||||
Month End | $ | 100,329,260.30 | $ | 112.44 | |||
Monthly Rate of Return | -4.29 | % | |||||
Year to Date Rate of Return | 6.67 | % | |||||
Should you have any questions, please contact your Financial Advisor. For account status inquiries, contact Preferred Investment Solutions Corp. Client Services at (914)307-4000.
To the best of our knowledge and belief, the information above is accurate and complete:
 |  | |||
| Kenneth A. Shewer, Chairman | Marc S. Goodman, President |
Preferred Investment Solutions Corp., Managing Owner of
World Monitor Trust III Series J Class 1
WORLD MONITOR TRUST III SERIES J CLASS 2
Unaudited Account Statement
For the Month Ending August 31, 2008
Dear Interest Holder:
Enclosed is the report for the period of August 31, 2008 for World Monitor Trust III Series J Class 2. The net asset value of an interest as of August 31, 2008 was $114.32, a decrease of -4.12% from the July 31, 2008 value of $119.23. The calendar year-to-date return for World Monitor Trust III Series J Class 2 was an increase of +8.09% as of August 31, 2008.
STATEMENT OF INCOME (LOSS)
Trading Income (Loss) | ||||
Realized Trading Gain/(Loss) | $ | 30,388.12 | ||
Change in Unrealized Gain/(Loss) | $ | (693,020.97 | ) | |
Gain/(Loss) on Other Investments | $ | 0.00 | ||
Brokerage Commission | $ | (4,090.38 | ) | |
Total Trading Income | $ | (666,723.23 | ) | |
Expenses | ||||
Audit Fees | $ | 0.00 | ||
Administrative and Legal Fees | $ | 1,762.54 | ||
Management Fees | $ | 6,542.48 | ||
Advisory Fees | $ | 27,336.63 | ||
Offering Fees | $ | 0.00 | ||
Incentive Fees | $ | (7,886.74 | ) | |
Other Expenses | $ | 19,296.70 | ||
Total Expenses | $ | 47,051.61 | ||
Interest Income | $ | 66,411.85 | ||
Net Income (Loss) from the Period | $ | (647,362.99 | ) | |
STATEMENT OF CHANGES IN NET ASSET VALUE (NAV)
| Total | NAV Per Unit | ||||||
Beginning of Month | $ | 15,701,946.97 | $ | 119.23 | |||
Addition | $ | 368,000.00 | |||||
Withdrawal | $ | (76,941.99 | ) | ||||
Net Income/(Loss) | $ | (647,362.99 | ) | ||||
Month End | $ | 15,345,642.00 | $ | 114.32 | |||
Monthly Rate of Return | -4.12 | % | |||||
Year to Date Rate of Return | 8.09 | % | |||||
Should you have any questions, please contact your Financial Advisor. For account status inquiries, contact Preferred Investment Solutions Corp. Client Services at (914)307-4000.
To the best of our knowledge and belief, the information above is accurate and complete:
| | |||
| Kenneth A. Shewer, Chairman | Marc S. Goodman, President |
Preferred Investment Solutions Corp., Managing Owner of
World Monitor Trust III Series J Class 2