WORLD MONITOR TRUST III SERIES J CLASS 1
Unaudited Account Statement
For the Month Ending November 30, 2008
Dear Interest Holder:
Enclosed is the report for the period of November 30, 2008 for World Monitor Trust III Series J Class 1. The net asset value of an interest as of November 30, 2008 was $119.57, an increase of +2.16% from the October 31, 2008 value of $117.05. The calendar year-to-date return for World Monitor Trust III Series J Class 1 was an increase of +13.44% as of November 30, 2008.
STATEMENT OF INCOME (LOSS)
Trading Income (Loss) | ||||
Realized Trading Gain/(Loss) | $ | 2,685,904.20 | ||
Change in Unrealized Gain/(Loss) | $ | 511,039.27 | ||
Gain/(Loss) on Other Investments | $ | 0.00 | ||
Brokerage Commission | $ | (11,052.68 | ) | |
Total Trading Income | $ | 3,185,890.79 | ||
Expenses | ||||
Audit Fees | $ | 0.00 | ||
Administrative and Legal Fees | $ | 20,148.94 | ||
Management Fees | $ | 44,272.95 | ||
Advisory Fees | $ | 207,045.46 | ||
Offering Fees | $ | 0.00 | ||
Incentive Fees | $ | 320,375.55 | ||
Other Expenses | $ | 306,968.05 | ||
Total Expenses | $ | 898,810.95 | ||
Interest Income | $ | 6,832.27 | ||
Net Income (Loss) from the Period | $ | 2,293,912.11 | ||
STATEMENT OF CHANGES IN NET ASSET VALUE (NAV)
Total | NAV Per Unit | ||||||
Beginning of Month | $ | 106,255,081.84 | $ | 117.05 | |||
Addition | $ | 2,972,425.00 | |||||
Withdrawal | $ | (1,046,603.61 | ) | ||||
Net Income/(Loss) | $ | 2,293,912.11 | |||||
Month End | $ | 110,474,815.35 | $ | 119.57 | |||
Monthly Rate of Return | 2.16 | % | |||||
Year to Date Rate of Return | 13.44 | % |
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:
/s/ David K. Spohr |
David K. Spohr, Senior Vice 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 November 30, 2008
Dear Interest Holder:
Enclosed is the report for the period of November 30, 2008 for World Monitor Trust III Series J Class 2. The net asset value of an interest as of November 30, 2008 was $122.17, an increase of +2.33% from the October 31, 2008 value of $119.39. The calendar year-to-date return for World Monitor Trust III Series J Class 2 was an increase of +15.52% as of November 30, 2008.
STATEMENT OF INCOME (LOSS)
Trading Income (Loss) | ||||
Realized Trading Gain/(Loss) | $ | 414,755.84 | ||
Change in Unrealized Gain/(Loss) | $ | 78,914.40 | ||
Gain/(Loss) on Other Investments | $ | 0.00 | ||
Brokerage Commission | $ | (1,706.75 | ) | |
Total Trading Income | $ | 491,963.49 | ||
Expenses | ||||
Audit Fees | $ | 0.00 | ||
Administrative and Legal Fees | $ | 3,111.39 | ||
Management Fees | $ | 6,836.60 | ||
Advisory Fees | $ | 31,971.84 | ||
Offering Fees | $ | 0.00 | ||
Incentive Fees | $ | 49,472.21 | ||
Other Expenses | $ | 20,052.84 | ||
Total Expenses | $ | 111,444.88 | ||
Interest Income | $ | 1,055.03 | ||
Net Income (Loss) from the Period | $ | 381,573.64 | ||
STATEMENT OF CHANGES IN NET ASSET VALUE (NAV)
Total | NAV Per Unit | ||||||
Beginning of Month | $ | 16,407,850.81 | $ | 119.39 | |||
Addition | $ | 239,000.00 | |||||
Withdrawal | $ | (300,889.67 | ) | ||||
Net Income/(Loss) | $ | 381,573.64 | |||||
Month End | $ | 16,727,534.78 | $ | 122.17 | |||
Monthly Rate of Return | 2.33 | % | |||||
Year to Date Rate of Return | 15.52 | % |
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:
/s/ David K. Spohr |
David K. Spohr, Senior Vice President |
Preferred Investment Solutions Corp., Managing Owner of World Monitor Trust III Series J Class 2