424B3 1 ps200806mrt.txt MONTHLY REPORT - JUNE 2008 Providence Select Fund, LP The net asset value of a unit as of June 30, 2008 was $ 882.54 up 8.9% from $ 810.37 per unit as of May 31, 2008. STATEMENT OF CHANGES IN NET ASSET VALUE Current Period Year to Date Net Asset Value (3,501.132 units)at $ 2,837,216.58 3,334,924.08 May 31, 2008 Addition of 56.509 units on June 1, 0.00 170,098.36 2008 Redemption of 269.930 units on June 30, (13,358.13) (337,013.66) 2008 Net Income (Loss) 252,677.85 (91,472.48) ---------------- -------------- Ending Net Asset Value (3,485.996 units) $ 3,076,536.30 3,076,536.30 on June 30, 2008 ================ ============== Net Asset Value per Unit at June 30, 2008 $ 882.54 STATEMENT OF INCOME AND EXPENSE Income: Gain (loss) on trading of commodity futures: Realized gain (loss) on closed contracts $ (7,471.95) 327,226.28 Change in unrealized gain (loss) on open 364,709.07 10,477.06 contracts Interest income 2,521.44 25,213.31 ------------- ----------- Total: Income 359,758.56 362,916.65 Expenses: Brokerage commissions 15,274.34 99,693.91 Operating expenses 5,557.14 55,892.18 Incentive fee 66,930.52 158,086.37 Management fee 472.78 46,071.61 Continuing service fee 7,399.45 48,750.80 Organizational & offering expenses 11,446.48 45,894.26 -------------- ------------ Total: Expenses 107,080.71 454,389.13 ============== ============ Net Income (Loss) - June 2008 $ 252,677.85 (91,472.48) To the best of my knowledge and belief, the information contained herein is accurate and complete. /s/ Michael P. Pacult Michael P. Pacult, President White Oak Financial Services. Inc. General Partner Providence Select Fund. LP