WORLD MONITOR TRUST-- SERIES C MONTHLY REPORT/ APRIL 27, 2001 WORLD MONITOR TRUST--SERIES C - -------------------------------------------------------------------------------- Dear Interest Holder: Enclosed is the report for the period from March 31, 2001 to April 27, 2001 for the World Monitor Trust--Series C ('Series C'). The net asset value of an interest as of April 27, 2001 was $91.88, a decrease of 2.52% from the March 30, 2001 value of $94.26. The year-to-date return for Series C was a decrease of 1.50% as of April 27, 2001. The estimated net asset value per interest as of May 14, 2001 was $88.03. Past performance is not necessarily indicative of future results. Should you have any questions, please contact your Prudential Securities Financial Advisor. For account status inquiries, contact Prudential Securities Client Services at 1-800-535-2077. Sincerely yours, /s/ Eleanor L. Thomas ------------------------ President and Director PRUDENTIAL SECURITIES FUTURES MANAGEMENT INC. Please note that the value which appears on your Prudential Securities statement is an estimated value at calendar month-end. The actual value as of the last Friday of the month is contained in this report. STATEMENT OF OPERATIONS - ------------------------------------------------- For the period from March 31, 2001 to April 27, 2001 Revenues: Realized gain on commodity transactions....................... $ 649,432 Change in unrealized commodity positions.......................... (846,931) Interest income...................... 37,392 --------- (160,107) --------- Expenses: Commissions.......................... 51,927 Management fee....................... 13,431 --------- 65,358 --------- Net loss............................. $(225,465) --------- --------- STATEMENT OF CHANGES IN NET ASSET VALUE - ---------------------------------------------------- For the period from March 31, 2001 to April 27, 2001 Per Total Interest ---------- -------- Net asset value at beginning of period (95,401.824 interests)................. $8,992,522 $ 94.26 Contributions................ 11,800 Net loss..................... (225,465) Redemptions.................. (270,941) ---------- Net asset value at end of period (92,594.449 interests)................. $8,507,916 91.88 ---------- ---------- -------- Change in net asset value per interest..................... $(2.38) -------- -------- Percentage change........................ (2.52)% -------- -------- - ------------------------------------------------------ I hereby affirm that, to the best of my knowledge and belief, the information contained herein relating to World Monitor Trust--Series C is accurate and complete. PRUDENTIAL SECURITIES FUTURES MANAGEMENT INC. /s/ Barbara J. Brooks ------------------------- by: Barbara J. Brooks Chief Financial Officer