Exhibit 23.1




           CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
           --------------------------------------------------------


We consent to the use in the Prospectus constituting part of this Registration
Statement on Post-Effective Amendment No. 2 to Form S-1 of our report dated
March 10, 2005 on the statement of financial condition of World Monitor Trust
III as of March 10, 2005, our report dated February 16, 2005 on the statement
of financial condition of World Monitor Trust III as of December 31, 2004 and
our report dated January 19, 2006 on the statement of financial condition of
Preferred Investment Solutions Corp. as of December 31, 2004, which appear in
such Prospectus. We also consent to the statements with respect to us as
appearing under the heading "Experts" in the Prospectus.



/s/ ARTHUR F. BELL, JR. & ASSOCIATES, L.L.C.



Hunt Valley, Maryland
January 27, 2006