WORLD MONITOR TRUST II--
SERIES F
MONTHLY REPORT/
JANUARY 25, 2002



         WORLD MONITOR TRUST II--SERIES F
--------------------------------------------------------------------------------
Dear Interest Holder:
Enclosed is the report for the period from December 29, 2001 to January 25, 2002
for World Monitor Trust II--Series F ('Series F'). The net asset value of an
interest as of January 25, 2002 was $106.72, an increase of 1.44% from the
December 28, 2001 value of $105.20.

The estimated net asset value per interest as of February 13, 2002 was
$103.53. 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,
          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
------------------------------------------------
                                     
For the period from December 29, 2001 to
  January 25, 2002
Revenues:
Realized gain on commodity
  transactions.......................   $192,830
Change in unrealized commodity
  positions..........................     55,451
Interest income......................     16,203
                                        --------
                                         264,484
                                        --------
Expenses:
Commissions..........................     56,831
Management fee.......................     18,973
Other transaction fees...............      3,074
Other expenses.......................      8,625
                                        --------
                                          87,503
                                        --------
Net gain.............................   $176,981
                                        --------
                                        --------




STATEMENT OF CHANGES IN NET ASSET VALUE
--------------------------------------------------
                                     
For the period from December 29, 2001 to
  January 25, 2002

                                             Per
                                Total      Interest
                             -----------   -------
Net asset value at
  beginning of period
  (112,088.374
  interests)...............  $11,791,295   $105.20
Contributions..............      627,521
Net gain...................      176,981
Redemptions................     (196,475)
                             -----------
Net asset value at end of
  period (116,187.589
  interests)...............  $12,399,322    106.72
                             -----------
                             -----------   -------
Change in net asset
  value per interest....................   $  1.52
                                           -------
                                           -------
Percentage change.......................      1.44%
                                           -------
                                           -------


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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.
                             by: Barbara J. Brooks
                            Chief Financial Officer