0001185185-13-001985.txt : 20130906 0001185185-13-001985.hdr.sgml : 20130906 20130906152303 ACCESSION NUMBER: 0001185185-13-001985 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20130731 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20130906 DATE AS OF CHANGE: 20130906 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RJO GLOBAL TRUST CENTRAL INDEX KEY: 0001027099 STANDARD INDUSTRIAL CLASSIFICATION: [6221] IRS NUMBER: 364113382 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-22887 FILM NUMBER: 131082856 BUSINESS ADDRESS: STREET 1: C/O R J O'BRIEN FUND MANAGEMENT STREET 2: 222 SOUTH RIVERSIDE PLAZA STE 900 CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3123735000 MAIL ADDRESS: STREET 1: C/O R J O'BRIEN FUND MANAGEMENT STREET 2: 222 SOUTH RIVERSIDE PLAZA STE 900 CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: JWH GLOBAL TRUST DATE OF NAME CHANGE: 19970210 FORMER COMPANY: FORMER CONFORMED NAME: JWH GLOBAL PORTFOLIO TRUST DATE OF NAME CHANGE: 19961114 8-K 1 rjoglobal8k090613.htm rjoglobal8k090613.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549
 

FORM 8-K
 

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of report (Date of earliest event reported):  July 31, 2013

RJO GLOBAL TRUST
(Exact Name of Registrant as Specified in Charter)

Delaware
(State or Other Jurisdiction
of Incorporation)
000-22887
(Commission File Number)
 
36-4113382
 (IRS Employer Identification No.)
 
c/o R.J. O’Brien Fund Management, LLC
222 South Riverside Plaza
Suite 900
Chicago, IL 60606
(Address of Principal Executive Offices)

(312) 373-5000
(Registrant's telephone number, including area code)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o
Written communications pursuant to Rule 425 under the Securities Act.
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act.
o
Pre-commencement communications pursuant to Rule 14d-2b under the Exchange Act.
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
 
 
 
 
 
Item 5.02                      Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
 
The registrant does not have a board of directors.  The registrant’s managing owner, R.J. O’Brien Fund Management, LLC (the “Managing Owner”), is managed by a Board of Directors.

Effective July 31, 2013, Joseph Murphy resigned his position as Vice President of the Managing Owner.

Effective August 16, 2013, Jamal Oulhadj resigned his position as member of the Board of Directors of the Managing Owner.

Effective August 16, 2013, Gerald Corcoran resigned his position as Chief Executive Officer and member of the Board of Directors of the Managing Owner.

Effective August 16, 2013, Karen Northup resigned her position as member of the Board of Directors of the Managing Owner.

Effective August 30, 2013, Julie DeMatteo was appointed a Manager and Director of the Managing Owner.

Ms. DeMatteo also serves as the Managing Director, Asset Management Division, of R.J. O’Brien.  She joined the managing owner in June 2013.  Prior to these positions, Ms. DeMatteo served as a Director in the Prime Services Division of Barclays Capital Inc. from April 2010 to February 2013, where she was responsible for working with the capital introduction and structured product groups in the managed futures market segment.  Prior to working at Barclays Capital, Ms. DeMatteo served as Executive Director of Business Development for AlphaMetrix LLC from July 2008 to March 2010, where she was responsible for asset raising, product development and establishing wholesale distribution relationships for the firm.  Prior to joining AlphaMetrix, Ms. DeMatteo served as a Director, President and Chief Executive Officer of UBS Managed Fund Services Inc. from August 2006 to May 2008, where she acted as counsel and then oversaw its daily affairs.

Effective August 30, 2013, James Gabriele was appointed a Manager and Director of the Managing Owner.

Mr. Gabriele joined RJO Holdings Corp., a principal of the Manaaging Owner, as Chief Financial Officer in September 2012, and joined the Managing Owner in August 2013.  Prior to RJO, Mr. Gabriele spent eight years in hedge fund administration, where he started his own company providing clients with full service back office outsourcing across numerous structures and asset classes.

Effective August 16, 2013, Jason Manumaleuna resigned his position as Chief Financial Officer and Director of the Managing Owner.

Effective August 30, 2013, Adam Cromell was appointed Chief Financial Officer of the Managing Owner.

Mr. Cromell previously served as Vice President, Accounting/Operations, of the Managing Owner since July 2010. He also served as Manager of Operations of the Managing Owner since April 2007, and from May 2008 through July 2010, Mr. Cromell was Manager of Financial Planning and Analyst for R.J. O’Brien & Associates, LLC, a futures commission merchant and the registrant’s futures broker, where he worked on budget and forecasting analysis.

Effective August 30, 2013, Nancy Westwick was appointed Chief Compliance Officer of the Managing Owner.

Ms. Westwick also serves as the Executive Director of R.J. O’Brien & Associates, LLC since December 2010.  Prior to these positions, she served as Compliance Counsel of MF Global Inc. p/k/a Man Financial Inc., from November 2005 to November 2010.

Effective August 30, 2013, Melissa Andrews was appointed Secretary of the Managing Owner.
 
 
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Ms. Andrews also serves as General Counsel of R.J. O’Brien & Associates, LLC since January 2013, and was previously Associate General Counsel since December 2010.  Prior to these positions, she served as an Associate in International Finance and Banking for Lovells LLP (now Hogan Lovells LLP), a law firm, from October 2007 to August 2009.

Item 8.01                      Other Events
 
On September 4, 2013, R.J. O’Brien Fund Management, LLC (the “Managing Owner”) distributed a notice on behalf of RJO Global Trust (the “Registrant”) to its Unitholders explaining that on or about October 10, 2013 (the “Effective Date”), the Registrant will appoint RPM Risk & Portfolio Management AB (“RPM”) as Investment Manager.

As of the Effective Date, RPM will assume responsibility of selecting, monitoring and managing the commodity trading advisors which will be accessed through O’Brien Alternative Strategic Investment Solutions, LLC series of limited liability companies.

A copy of the notice is being furnished as Exhibit 99.1 to this report.

Item 9.01                      Financial Statements and Exhibits.
 
Exhibit No.                            Description
 
 

 
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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
RJO GLOBAL TRUST
 
(Registrant)
 
Date:  September 6, 2013

 
By: /s/ Julie M. DeMatteo 
 
Julie M. DeMatteo
 
Manager and Director
 
R.J. O’Brien Fund Management, LLC, Managing Owner
 
 






 
-4-
 
 
INDEX TO EXHIBITS

Exhibit No.                            Description
 
 








 
-5-
 
EX-99.1 2 ex99-1.htm ex99-1.htm
Exhibit 99.1
 
R.J.O’Brien Fund Management LLC
 
Notice to Investors:
Important changes to RJO Global Trust Portfolio
 

 
Dear Unitholder,  September 2, 2013
 
We are writing to advise you of key changes to the RJO Global Trust’s portfolio expected to take place on or about October 10, 2013.
 
R.J. O’Brien Fund Management, LLC, Managing Owner of the Trust will be appointing RPM Risk & Portfolio Management AB (“RPM”) as Investment Manager to the Trust. RPM will assume responsibility of selecting, monitoring and managing the Commodity Trading Advisors which will be accessed through O’Brien Alternative Strategic Investment Solutions, LLC (“OASIS) series of Limited Liability Companies. Specifically, RPM will be employing its Evolving Manager Program on behalf of the Trust.
 
RPM is an Investment Advisory firm headquartered in Stockholm, Sweden and is registered with The Swedish Financial Supervisory Authority. RPM is currently exempt from registration with the SEC as an investment adviser, although RPM may so register in the future. RPM’s clients are primarily banks and other financial institutions in Europe, Asia and North America outsourcing or seeking on-going advice on the construction, general management and administration of alternative asset management products. RPM and its predecessor company have been offering alternative investment consulting services since 1989. They currently provide services on approximately US$3.5 billion of which $385 million is in discretionary investment advisory services.and $3.1 billion in other related services.
 
The Evolving Manager Program  seeks to identify and select Trading Advisers with shorter measurable track records and with smaller assets under management who, in the opinion of the Investment Manager, appear to have potential for long-term over-performance relative to their respective peer group (each an "Evolving Trading Adviser"). RPM may add, delete or modify such categories of investment strategies in line with the investment objective and policy. The strategies include three broad categories that are described as follows (each an "Eligible Strategy"): There can be no assurance that the objectives will be achieved and past performance is not indicative of future results.
 
1) Trend Following: Trend following is often classified as "long volatility" because it tries to take advantage of large movements or "trends" in prices. Trading programs are often fully systematic with limited application of discretion using a wide range of technical analysis methods to determine when trends occur.
 
2) Short-Term Trading: In general, short-term trading strategies refer to all futures and currency investment strategies with a trading horizon ranging from intraday to less than a month. Strategies seek to exploit short-term price inefficiencies. This is typically done using technical analysis.
 
3) Fundamental Trading: Trading Advisers operating fundamental trading strategies attempt to predict the future direction of markets based on macroeconomic data with less focus on sole price data. A fundamental approach seeks to find opportunities where price does not properly reflect the fundamental valuation of the underlying asset, i.e. its intrinsic value. A fundamental valuation can be done using various approaches but the most common methodologies are macroeconomic analysis and relative valuation.
 
The next special redemption date for the Trust prior to the above changes taking place is October 7, 2013.  We will accept requests for redemption until that date prior to the change in portfolio management, thereby waiving the standard 5 business days notice. You can obtain a request for redemption form by calling your financial advisor or by calling the Trust at 1-888-292-9399. You may also request the form by emailing fundadmin@rjobrien.com.
 
Thank you for your support of the RJO Global Trust
 
R.J. O’Brien Fund Management, LLC
Managing Owner, RJO Global Trust
 


 
222 South Riverside Plaza, Suite 900, Chicago, Illinois 60606          P: 312.373.5000          W: www.rjobrien.com