WORLD MONITOR TRUST III SERIES J CLASS 1
Unaudited Account Statement
For the Month Ending July 31, 2008
Dear Interest Holder:
Enclosed is the report for the period of July 31, 2008 for World Monitor Trust III Series J Class 1. The net asset value of an interest as of July 31, 2008 was $117.48, a decrease of -4.62% from the June 30, 2008 value of $123.17. The calendar year-to-date return for World Monitor Trust III Series J Class 1 was an increase of +11.45% as of July 31, 2008.
STATEMENT OF INCOME(LOSS)
Trading Income (Loss) | ||||
Realized Trading Gain/(Loss) | ($ | 2,321,597.08 | ) | |
Change in Unrealized Gain/(Loss) | ($ | 1,856,573.85 | ) | |
Gain/(Loss) on Other Investments | $ | 0.00 | ||
Brokerage Commission | ($15,559.81 | ) | ||
Total Trading Income | ($ | 4,193,730.74 | ) | |
Expenses | ||||
Audit Fees | $ | 0.00 | ||
Administrative and Legal Fees | $ | 74,931.37 | ||
Management Fees | $ | 42,769.32 | ||
Advisory Fees | $ | 176,153.22 | ||
Offering Fees | $ | 0.00 | ||
Incentive Fees | $ | 51,209.41 | ||
Other Expenses | $ | 293,470.47 | ||
Total Expenses | $ | 638,533.79 | ||
Interest Income | $ | 90,384.48 | ||
Net Income(Loss) from the Period | ($ | 4,741,880.05 | ) | |
STATEMENT OF CHANGES IN NET ASSET VALUE (NAV)
| Total | NAV Per Unit | ||||||
Beginning of Month | $ | 102,646,372.92 | $ | 123.17 | |||
Addition | $ | 3,928,365.72 | |||||
Withdrawal | ($ | 641,165.41 | ) | ||||
Net Income/(Loss) | ($ | 4,741,880.05 | ) | ||||
Month End | $ | 101,191,693.19 | $ | 117.48 | |||
Monthly Rate of Return | -4.62 | % | |||||
Year to Date Rate of Return | 11.45 | % | |||||
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 July 31, 2008
Dear Interest Holder:
Enclosed is the report for the period of July 31, 2008 for World Monitor Trust III Series J Class 2. The net asset value of an interest as of July 31, 2008 was $119.23, a decrease of -4.45% from the June 30, 2008 value of $124.79. The calendar year-to-date return for World Monitor Trust III Series J Class 2 was an increase of +12.74% as of July 31, 2008.
STATEMENT OF INCOME(LOSS)
Trading Income (Loss) | ||||
Realized Trading Gain/(Loss) | ($ | 361,117.41 | ) | |
Change in Unrealized Gain/(Loss) | ($ | 288,784.46 | ) | |
Gain/(Loss) on Other Investments | $ | 0.00 | ||
Brokerage Commission | ($ | 2,420.28 | ) | |
Total Trading Income | ($ | 652,322.15 | ) | |
Expenses | ||||
Audit Fees | $ | 0.00 | ||
Administrative and Legal Fees | $ | 11,655.35 | ||
Management Fees | $ | 6,652.64 | ||
Advisory Fees | $ | 27,400.10 | ||
Offering Fees | $ | 0.00 | ||
Incentive Fees | $ | 7,965.47 | ||
Other Expenses | $ | 19,037.89 | ||
Total Expenses | $ | 72,711.45 | ||
Interest Income | $ | 14,059.03 | ||
Net Income(Loss) from the Period | ($ | 710,974.57 | ) | |
STATEMENT OF CHANGES IN NET ASSET VALUE (NAV)
| Total | NAV Per Unit | ||||||
Beginning of Month | $ | 15,966,333.34 | $ | 124.79 | |||
Addition | $ | 685,000.00 | |||||
Withdrawal | ($ | 238,411.80 | ) | ||||
Net Income/(Loss) | ($ | 710,974.57 | ) | ||||
Month End | $ | 15,701,946.97 | $ | 119.23 | |||
Monthly Rate of Return | -4.45 | % | |||||
Year to Date Rate of Return | 12.74 | % | |||||
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