WORLD MONITOR TRUST III SERIES G CLASS 1

Unaudited Account Statement

For the Month Ending April 30, 2007

Dear Interest Holder:

Enclosed is the report for the period of April 30, 2007 for World Monitor Trust III Series G Class 1. The net asset value of an interest as of April 30, 2007 was $95.41, an increase of +6.11% from the March 31, 2007 value of $89.91. The calendar year-to-date return for World Monitor Trust III Series G Class 1 was a decrease of -4.76% as of April 30, 2007.

STATEMENT OF INCOME(LOSS)

Trading Income (Loss)
Realized Trading Gain/(Loss)	$	1,372.69
Change in Unrealized Gain/(Loss)	$	58,786.56
Gain/(Loss) on Other Investments	$	1,845.74
Brokerage Commission		($433.68	)
Total Trading Income	$	61,571.31
Expenses
Audit Fees	$	0.00
Administrative and Legal Fees	$	318.54
Management Fees	$	399.54
Advisory Fees	$	2,135.60
Offering Fees	$	0.00
Incentive Fees	$	0.00
Other Expenses	$	3,676.87
Total Expenses	$	6,530.55
Interest Income	$	3,552.29
Net Income(Loss) from the Period	$	58,593.05

STATEMENT OF CHANGES IN NET ASSET VALUE (NAV)

	Total			NAV Per Unit
Beginning of Month	$	958,884.87		$	89.91
Addition	$	0.00
Withdrawal		($27,516.09	)
Net Income/(Loss)	$	58,593.05
Month End	$	989,961.83		$	95.41
Monthly Rate of Return		6.11	%
Year to Date Rate of Return		-4.76	%

Should you have any questions, please contact your Financial Advisor. For account status inquiries, contact Preferred Investment Solutions Corp. Client Services at (914)307-4000.

To the best of our knowledge and belief, the information above is accurate and complete:

Kenneth A. Shewer, Chairman	Marc S. Goodman, President

Preferred Investment Solutions Corp., Managing Owner of

World Monitor Trust III Series G Class 1

WORLD MONITOR TRUST III SERIES H CLASS 1

Unaudited Account Statement

For the Month Ending April 30, 2007

Dear Interest Holder:

Enclosed is the report for the period of April 30, 2007 for World Monitor Trust III Series H Class 1. The net asset value of an interest as of April 30, 2007 was $88.85, an increase of +0.62% from the March 31, 2007 value of $88.30. The calendar year-to-date return for World Monitor Trust III Series H Class 1 was a decrease of -1.86% as of April 30, 2007.

STATEMENT OF INCOME(LOSS)

Trading Income (Loss)
Realized Trading Gain/(Loss)	$	7,134.28
Change in Unrealized Gain/(Loss)		($3,617.34	)
Gain/(Loss) on Other Investments		($49.70	)
Brokerage Commission		($37.76	)
Total Trading Income	$	3,429.48
Expenses
Audit Fees	$	0.00
Administrative and Legal Fees	$	2,093.37
Management Fees	$	187.35
Advisory Fees	$	2,047.72
Offering Fees	$	0.00
Incentive Fees	$	0.00
Other Expenses		($219.85	)
Total Expenses	$	4,108.59
Interest Income	$	3,446.41
Net Income(Loss) from the Period	$	2,767.30

STATEMENT OF CHANGES IN NET ASSET VALUE (NAV)

	Total			NAV Per Unit
Beginning of Month	$	449,644.24		$	88.30
Addition	$	0.00
Withdrawal		($452,411.54	)
Net Income/(Loss)	$	2,767.30
Month End	$	0.00		$	88.85
Monthly Rate of Return		0.62	%
Year to Date Rate of Return		-1.86	%

Should you have any questions, please contact your Financial Advisor. For account status inquiries, contact Preferred Investment Solutions Corp. Client Services at (914)307-4000.

To the best of our knowledge and belief, the information above is accurate and complete:

Kenneth A. Shewer, Chairman	Marc S. Goodman, President

Preferred Investment Solutions Corp., Managing Owner of

World Monitor Trust III Series H Class 1

WORLD MONITOR TRUST III SERIES I CLASS 1

Unaudited Account Statement

For the Month Ending April 30, 2007

Dear Interest Holder:

Enclosed is the report for the period of April 30, 2007 for World Monitor Trust III Series I Class 1. The net asset value of an interest as of April 30, 2007 was $88.62, an increase of +1.62% from the March 31, 2007 value of $87.21. The calendar year-to-date return for World Monitor Trust III Series I Class 1 was a decrease of -10.84% as of April 30, 2007.

STATEMENT OF INCOME(LOSS)

Trading Income (Loss)
Realized Trading Gain/(Loss)		($1,784.36	)
Change in Unrealized Gain/(Loss)	$	7,979.86
Gain/(Loss) on Other Investments	$	6.19
Brokerage Commission		($203.58	)
Total Trading Income	$	5,998.11
Expenses
Audit Fees	$	0.00
Administrative and Legal Fees	$	694.37
Management Fees	$	132.95
Advisory Fees	$	529.94
Offering Fees	$	0.00
Incentive Fees	$	0.00
Other Expenses	$	635.17
Total Expenses	$	1,992.43
Interest Income	$	1,169.17
Net Income(Loss) from the Period	$	5,174.85

STATEMENT OF CHANGES IN NET ASSET VALUE (NAV)

	Total			NAV Per Unit
Beginning of Month	$	319,088.96		$	87.21
Addition	$	0.00
Withdrawal		($324,263.81	)
Net Income/(Loss)	$	5,174.85
Month End	$	0.00		$	88.62
Monthly Rate of Return		1.62	%
Year to Date Rate of Return		-10.84	%

Should you have any questions, please contact your Financial Advisor. For account status inquiries, contact Preferred Investment Solutions Corp. Client Services at (914)307-4000.

To the best of our knowledge and belief, the information above is accurate and complete:

Kenneth A. Shewer, Chairman	Marc S. Goodman, President

Preferred Investment Solutions Corp., Managing Owner of

World Monitor Trust III Series I Class 1

WORLD MONITOR TRUST III SERIES J CLASS 1

Unaudited Account Statement

For the Month Ending April 30, 2007

Dear Interest Holder:

Enclosed is the report for the period of April 30, 2007 for World Monitor Trust III Series J Class 1. The net asset value of an interest as of April 30, 2007 was $92.30, an increase of +2.54% from the March 31, 2007 value of $90.01. The calendar year-to-date return for World Monitor Trust III Series J Class 1 was a decrease of -6.01% as of April 30, 2007.

STATEMENT OF INCOME(LOSS)

Trading Income (Loss)
Realized Trading Gain/(Loss)	$	62,856.94
Change in Unrealized Gain/(Loss)	$	1,780,110.99
Gain/(Loss) on Other Investments	$	40,429.73
Brokerage Commission		($24,515.59	)
Total Trading Income	$	1,858,882.07
Expenses
Audit Fees	$	0.00
Administrative and Legal Fees	$	100,562.40
Management Fees	$	26,546.37
Advisory Fees	$	128,675.59
Offering Fees	$	0.00
Incentive Fees	$	0.00
Other Expenses	$	221,180.46
Total Expenses	$	476,964.82
Interest Income	$	235,839.97
Net Income(Loss) from the Period	$	1,617,757.22

STATEMENT OF CHANGES IN NET ASSET VALUE (NAV)

	Total			NAV Per Unit
Beginning of Month	$	63,711,281.84		$	90.01
Addition	$	424,882.46
Withdrawal		($937,091.56	)
Net Income/(Loss)	$	1,617,757.22
Month End	$	64,816,829.96		$	92.30
Monthly Rate of Return		2.54	%
Year to Date Rate of Return		-6.01	%

Should you have any questions, please contact your Financial Advisor. For account status inquiries, contact Preferred Investment Solutions Corp. Client Services at (914)307-4000.

To the best of our knowledge and belief, the information above is accurate and complete:

Kenneth A. Shewer, Chairman	Marc S. Goodman, President

Preferred Investment Solutions Corp., Managing Owner of

World Monitor Trust III Series J Class 1

WORLD MONITOR TRUST III SERIES G CLASS 2

Unaudited Account Statement

For the Month Ending April 30, 2007

Dear Interest Holder:

Enclosed is the report for the period of April 30, 2007 for World Monitor Trust III Series G Class 2. The net asset value of an interest as of April 30, 2007 was $94.96, an increase of +6.28% from the March 31, 2007 value of $89.35. The calendar year-to-date return for World Monitor Trust III Series G Class 2 was a decrease of -4.12% as of April 30, 2007.

STATEMENT OF INCOME(LOSS)

Trading Income (Loss)
Realized Trading Gain/(Loss)	$	1,610.54
Change in Unrealized Gain/(Loss)	$	68,972.57
Gain/(Loss) on Other Investments	$	2,165.55
Brokerage Commission		($508.82	)
Total Trading Income	$	72,239.84
Expenses
Audit Fees	$	0.00
Administrative and Legal Fees	$	373.74
Management Fees	$	468.93
Advisory Fees	$	2,505.64
Offering Fees	$	0.00
Incentive Fees	$	0.00
Other Expenses	$	2,439.77
Total Expenses	$	5,788.08
Interest Income	$	4,217.41
Net Income(Loss) from the Period	$	70,669.17

STATEMENT OF CHANGES IN NET ASSET VALUE (NAV)

	Total			NAV Per Unit
Beginning of Month	$	1,125,425.61		$	89.35
Addition	$	0.00
Withdrawal	$	0.00
Net Income/(Loss)	$	70,669.17
Month End	$	1,196,094.78		$	94.96
Monthly Rate of Return		6.28	%
Year to Date Rate of Return		-4.12	%

Should you have any questions, please contact your Financial Advisor. For account status inquiries, contact Preferred Investment Solutions Corp. Client Services at (914)307-4000.

To the best of our knowledge and belief, the information above is accurate and complete:

Kenneth A. Shewer, Chairman	Marc S. Goodman, President

Preferred Investment Solutions Corp., Managing Owner of

World Monitor Trust III Series G Class 2

WORLD MONITOR TRUST III SERIES H CLASS 2

Unaudited Account Statement

For the Month Ending April 30, 2007

Dear Interest Holder:

Enclosed is the report for the period of April 30, 2007 for World Monitor Trust III Series H Class 2. The net asset value of an interest as of April 30, 2007 was $82.65, an increase of +0.20% from the March 31, 2007 value of $82.48. The calendar year-to-date return for World Monitor Trust III Series H Class 2 was a decrease of -1.77% as of April 30, 2007.

STATEMENT OF INCOME(LOSS)

Trading Income (Loss)
Realized Trading Gain/(Loss)	$	3,059.64
Change in Unrealized Gain/(Loss)		($1,551.35	)
Gain/(Loss) on Other Investments		($21.31	)
Brokerage Commission		($16.19	)
Total Trading Income	$	1,470.79
Expenses
Audit Fees	$	0.00
Administrative and Legal Fees	$	897.77
Management Fees	$	173.04
Advisory Fees	$	878.20
Offering Fees	$	0.00
Incentive Fees	$	0.00
Other Expenses	$	167.03
Total Expenses	$	2,116.04
Interest Income	$	1,478.05
Net Income(Loss) from the Period	$	832.80

STATEMENT OF CHANGES IN NET ASSET VALUE (NAV)

	Total			NAV Per Unit
Beginning of Month	$	415,298.25		$	82.48
Addition	$	0.00
Withdrawal		($416,131.05	)
Net Income/(Loss)	$	832.80
Month End	$	0.00		$	82.65
Monthly Rate of Return		0.20	%
Year to Date Rate of Return		-1.77	%

Should you have any questions, please contact your Financial Advisor. For account status inquiries, contact Preferred Investment Solutions Corp. Client Services at (914)307-4000.

To the best of our knowledge and belief, the information above is accurate and complete:

Kenneth A. Shewer, Chairman	Marc S. Goodman, President

Preferred Investment Solutions Corp., Managing Owner of

World Monitor Trust III Series H Class 2

WORLD MONITOR TRUST III SERIES J CLASS 2

Unaudited Account Statement

For the Month Ending April 30, 2007

Dear Interest Holder:

Enclosed is the report for the period of April 30, 2007 for World Monitor Trust III Series J Class 2. The net asset value of an interest as of April 30, 2007 was $91.61, an increase of +2.70% from the March 31, 2007 value of $89.20. The calendar year-to-date return for World Monitor Trust III Series J Class 2 was a decrease of -5.27% as of April 30, 2007.

STATEMENT OF INCOME(LOSS)

Trading Income (Loss)
Realized Trading Gain/(Loss)	$	4,426.34
Change in Unrealized Gain/(Loss)	$	112,199.52
Gain/(Loss) on Other Investments	$	2,577.68
Brokerage Commission		($1,531.25	)
Total Trading Income	$	117,672.29
Expenses
Audit Fees	$	0.00
Administrative and Legal Fees	$	6,337.43
Management Fees	$	1,683.59
Advisory Fees	$	8,157.47
Offering Fees	$	0.00
Incentive Fees	$	0.00
Other Expenses	$	7,293.08
Total Expenses	$	23,471.57
Interest Income	$	14,984.47
Net Income(Loss) from the Period	$	109,185.19

STATEMENT OF CHANGES IN NET ASSET VALUE (NAV)

	Total			NAV Per Unit
Beginning of Month	$	4,040,620.55		$	89.20
Addition	$	104,000.00
Withdrawal		($27,695.43	)
Net Income/(Loss)	$	109,185.19
Month End	$	4,226,110.31		$	91.61
Monthly Rate of Return		2.70	%
Year to Date Rate of Return		-5.27	%

Should you have any questions, please contact your Financial Advisor. For account status inquiries, contact Preferred Investment Solutions Corp. Client Services at (914)307-4000.

To the best of our knowledge and belief, the information above is accurate and complete:

Kenneth A. Shewer, Chairman	Marc S. Goodman, President

Preferred Investment Solutions Corp., Managing Owner of

World Monitor Trust III Series J Class 2