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

 

 

 

 

Alternative Investment

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WORLD MONITOR TRUST II—SERIES E

 

MONTHLY REPORT/

FEBRUARY 27, 2004

 

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WORLD MONITOR TRUST II—SERIES E

 

Dear Interest Holder:

 

Enclosed is the report for the period from January 31, 2004 to February 27, 2004 for World Monitor Trust II—Series E (“Series E”). The net asset value of a unit as of February 27, 2004 was $193.84 an increase of 8.53% from the January 31, 2004 value of $178.60. The calendar year-to-date return for Series E was an increase of 9.86% as of February 27, 2004.

 

The estimated net asset value per interest as of March 25, 2004 was $194.63. 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,

 

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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 gain on commodity transactions

    $ 1,039,587

Change in unrealized commodity positions

      4,515,165

Interest income

      36,585
    
       5,591,337
    

Expenses:

       

Commissions

      234,921

Incentive fees

      1,147,977

Management fee

      79,401

Other transaction fees

      10,904

Other expenses

      11,451
    
       1,484,654
    

Net gain

    $ 4,106,683
    

 

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 (270,829.609 interests)

   $ 48,371,092     $ 178.60  

Net gain

     4,106,683          

Redemptions

     (570,408 )        
   
       

Net asset value at end of period (267,785.835 interests)

   $ 51,907,367       193.84  
   
 

Change in net asset
value per interest

  

   $ 15.24  
           

Percentage change

 

     8.53 %
           

 

 

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

 

PRUDENTIAL SECURITIES FUTURES MANAGEMENT INC.

 

LOGO

 

by: Ronald J. Ivans

Chief Financial Officer