WORLD MONITOR TRUST III SERIES J CLASS 1
Unaudited Account Statement
For the Month Ending April 30, 2008
Partner ID: 0001
PREFERRED INVESTMENT SOLUTIONS CORP.
MAUREEN HOWLEY CFO
900 KING STREET
SUITE 100
RYE BROOK, NY 10573
Dear Interest Holder:
Enclosed is the report for the period of April 30, 2008 for World Monitor Trust III Series J Class 1. The net asset value of an interest as of April 30, 2008 was $119.69, an increase of +1.82% from the March 31, 2008 value of $117.55. The calendar year-to-date return for World Monitor Trust III Series J Class 1 was an increase of +13.55% as of April 30, 2008.
STATEMENT OF INCOME(LOSS)
Trading Income (Loss) | ||||
Realized Trading Gain/(Loss) | $ | 2,097,314.83 | ||
Change in Unrealized Gain/(Loss) | $ | 738,899.18 | ||
Gain/(Loss) on Other Investments | $ | 0.00 | ||
Brokerage Commission | ($14,872.55 | ) | ||
Total Trading Income | $ | 2,821,341.46 | ||
Expenses | ||||
Audit Fees | $ | 0.00 | ||
Administrative and Legal Fees | $ | 37,115.46 | ||
Management Fees | $ | 36,454.37 | ||
Advisory Fees | $ | 164,283.70 | ||
Offering Fees | $ | 0.00 | ||
Incentive Fees | $ | 518,653.85 | ||
Other Expenses | $ | 551,456.18 | ||
Total Expenses | $ | 1,307,963.56 | ||
Interest Income | $ | 77,655.29 | ||
Net Income(Loss) from the Period | $ | 1,591,033.19 | ||
| STATEMENT OF CHANGES IN NET ASSET VALUE (NAV) | |||||||||
| YOUR INVESTMENT | |||||||||
| Units | Value | ||||||||
| Beginning of Month | $ | 87,490,494.58 | 7,743.5522 | $ | 910,273.74 | ||||
| Addition | $ | 4,312,311.00 | 317.4863 | $ | 38,000.00 | ||||
| Withdrawal | ($789,587.76 | ) | |||||||
| Net Income/(Loss) | $ | 1,591,033.19 | $ | 16,553.52 | |||||
| Month End | $ | 92,604,251.00 | 8,061.0385 | $ | 964,827.27 | ||||
| Month End NAV Per Unit | $ | 119.69 | |||||||
| Monthly Rate of Return | 1.82 | % | |||||||
| Year to Date Rate of Return | 13.55 | % | |||||||
For account inquiries, please 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 April 30, 2008
Partner ID: 0001
PREFERRED INVESTMENT SOLUTIONS CORP.
MAUREEN HOWLEY CFO
900 KING STREET
SUITE 100
RYE BROOK, NY 10573
Dear Interest Holder:
Enclosed is the report for the period of April 30, 2008 for World Monitor Trust III Series J Class 2. The net asset value of an interest as of April 30, 2008 was $120.87, an increase of +1.99% from the March 31, 2008 value of $118.52. The calendar year-to-date return for World Monitor Trust III Series J Class 2 was an increase of +14.29% as of April 30, 2008.
STATEMENT OF INCOME(LOSS)
Trading Income (Loss) | ||||
Realized Trading Gain/(Loss) | $ | 288,547.14 | ||
Change in Unrealized Gain/(Loss) | $ | 101,657.24 | ||
Gain/(Loss) on Other Investments | $ | 0.00 | ||
Brokerage Commission | ($2,046.16 | ) | ||
Total Trading Income | $ | 388,158.22 | ||
Expenses | ||||
Audit Fees | $ | 0.00 | ||
Administrative and Legal Fees | $ | 5,106.32 | ||
Management Fees | $ | 5,015.37 | ||
Advisory Fees | $ | 22,602.04 | ||
Offering Fees | $ | 0.00 | ||
Incentive Fees | $ | 71,356.04 | ||
Other Expenses | $ | 55,807.49 | ||
Total Expenses | $ | 159,887.26 | ||
Interest Income | $ | 10,683.76 | ||
Net Income(Loss) from the Period | $ | 238,954.72 | ||
| STATEMENT OF CHANGES IN NET ASSET VALUE (NAV) | |||||||||
| YOUR INVESTMENT | |||||||||
| Units | Value | ||||||||
Beginning of Month | $ | 12,036,882.53 | 1,073.5703 | $ | 127,237.20 | ||||
Addition | $ | 1,305,236.88 | 99.2797 | $ | 12,000.00 | ||||
Withdrawal | ($2,000.00 | ) | |||||||
Net Income/(Loss) | $ | 238,954.72 | $ | 2,525.90 | |||||
Month End | $ | 13,579,074.13 | 1,172.8500 | $ | 141,763.10 | ||||
Month End NAV Per Unit | $ | 120.87 | |||||||
Monthly Rate of Return | 1.99 | % | |||||||
Year to Date Rate of Return | 14.29 | % | |||||||
For account inquiries, please 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 | ||||