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WORLD MONITOR TRUST II--
SERIES F
MONTHLY REPORT/
NOVEMBER 30, 2001
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WORLD MONITOR TRUST II--SERIES F
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Dear Interest Holder:
Enclosed is the report for the period from October 27, 2001 to November 30, 2001
for World Monitor Trust II--Series F ('Series F'). The net asset value of an
interest as of November 30, 2001 was $103.47, a decrease of 7.05% from the
October 26, 2001 value of $111.32. The year-to-date return for Series F was a
decrease of 3.21% as of November 30, 2001.
Some positive economic news and the fall of Kabul, Afghanistan resulted in one
of the greatest reversals the U.S. bond market has seen in decades, driving
Series F losses in November. Interest rates climbed sharply in the U.S. and
Europe producing a significant decline in performance for this sector. Also
contributing to poor performance were losses in the equity sector. After hitting
lows in mid-September, U.S. and global stock markets rallied sharply resulting
in losses for short positions.
The estimated net asset value per interest as of December 14, 2001 was $103.69.
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 (212) 778-2443.
Sincerely yours,
/s/ Eleanor L. Thomas
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Eleanor L. Thomas
President and Director
PRUDENTIAL SECURITIES FUTURES
MANAGEMENT INC.
Please note that the unit 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
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For the period from October 27, 2001 to
November 30, 2001
Revenues:
Realized loss on commodity
transactions........................ $ (47,131)
Change in unrealized commodity
positions........................... (701,458)
Interest income....................... 10,552
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(738,037)
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Expenses:
Commissions........................... 65,809
Management fee........................ 22,030
Other transaction fees................ 2,592
Other expenses........................ 9,153
Incentive fee......................... 104
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99,688
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Net loss.............................. $(837,725)
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STATEMENT OF CHANGES IN NET ASSET VALUE
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For the period from October 27, 2001 to
November 30, 2001
Per
Total Interest
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Net asset value at beginning
of period (102,533.655
interests)................ $11,413,974 $ 111.32
Contributions............... 606,276
Net loss.................... (837,725)
Redemptions................. (74,472)
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Net asset value at end of
period (107,355.351
interests)................ $11,108,053 103.47
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Change in net asset
value per interest..................... $ (7.85)
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Percentage change........................ (7.05)%
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I hereby affirm that, to the best of my knowledge and belief, the information
contained herein relating to World Monitor Trust II-- Series F is accurate and
complete.
PRUDENTIAL SECURITIES FUTURES
MANAGEMENT INC.
/s/ Barbara J. Brooks
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by: Barbara J. Brooks
Chief Financial Officer