424B3 1 d424b3.htm WORLD MONITOR TRUST II SERIES D WORLD MONITOR TRUST II SERIES D

 

 

 

Alternative Investment

Strategies

 

 

WORLD MONITOR TRUST II—

SERIES D

 

MONTHLY REPORT/

FEBRUARY 27, 2004

 

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WORLD MONITOR TRUST II—SERIES D

 

Dear Interest Holder:

 

Enclosed is the report for the period from January 31, 2004 to February 27, 2004 for World Monitor Trust II-Series D (“Series D”). The net asset value of a unit as of February 27, 2004 was $113.06 a decrease of 3.19% from the January 30, 2004 value of $116.78. The calendar year-to-date return for Series D was an increase of 4.26% as of February 27, 2004.

 

The estimated net asset value per interest as of March 25, 2004 was $111.68. Past performance is not necessarily indicative of future results.

 

Should you have any questions, please contact your Wachovia Securities Financial Advisor. For account status inquiries, contact Prudential Financial Client Services at (212) 778-2443.

 

Sincerely yours,

 

LOGO

 

Brian J. Martin

President and Director

PRUDENTIAL SECURITIES

FUTURES MANAGEMENT INC.

 

Please note that the value which appears on your Wachovia 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 January 31, 2004 to February 27, 2004

 

Revenues:

         

Realized loss on commodity
transactions

    $ (1,089,345 )

Change in unrealized commodity positions

      497,641  

Interest income

      16,112  
    
       (575,592 )
    

Expenses:

         

Commissions

      102,328  

Incentive fees

      122  

Management fee

      21,296  

Other transaction fees

      3,377  

Other expenses

      10,734  
    
       137,857  
    

Net loss

    $ (713,449 )
    

 

STATEMENT OF CHANGES IN NET ASSET VALUE

For the period from January 31, 2004 to February 27, 2004

    Total
     Per
Interest
  

Net asset value at beginning of period (193,357.067 interests)

   $ 22,579,416     $ 116.78  

Net loss

     (713,449 )        

Redemptions

     (219,158 )        
   
       

Net asset value at end of period (191,464.971 interests)

   $ 21,646,809       113.06  
   
 

Change in net asset
value per interest

  

   $ (3.72 )
           

Percentage change

 

     (3.19 )%
           

 

 

I hereby affirm that, to the best of my knowledge and belief, the information contained herein relating to World Monitor Trust II—Series D is accurate and complete.

 

PRUDENTIAL SECURITIES FUTURES MANAGEMENT INC.

 

LOGO

 

by: Ronald J. Ivans

Chief Financial Officer