Attached files

file filename
EX-99.5 - LETTER TO INVESTORS DATED MAY 28, 2010 - WORLD MONITOR TRUST II SERIES Edex995.htm
EX-10.12 - AMENDED AND RESTATED LIMITED LIABILITY COMPANY OPERATING AGREEMENT - WORLD MONITOR TRUST II SERIES Edex1012.htm
EX-10.13 - ADVISORY AGREEMENT DATED NOVEMBER 20, 2006 - WORLD MONITOR TRUST II SERIES Edex1013.htm
EX-10.14 - ADVISORY AGREEMENT DATED JULY 1, 2010 - WORLD MONITOR TRUST II SERIES Edex1014.htm

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

June 3, 2010

Date of Report (Date of Earliest Event Reported)

 

 

WORLD MONITOR TRUST II – SERIES E

(Exact name of Registrant as Specified in its Charter)

 

 

 

Delaware   0-32687   13-4058319

(State or other Jurisdiction of

Incorporation or Organization)

  (Commission File Number)  

(I.R.S. Employer

Identification No.)

900 King Street, Rye Brook, New York 10573

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (914) 307-7000

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 1.01 Entry into a Material Definitive Agreement

Effective July 1, 2010, World Monitor Trust II – Series E (“Registrant”) will contribute all of its assets into KMP Futures Fund I LLC (“KMPFF”), a Delaware limited liability company for which Winton Capital Management Limited (“Winton”), a company registered in England and Wales, currently serves as the sole trading advisor. Attached as Exhibits 10.12 and 10.13, respectively, are KMPFF’s Amended and Restated Limited Liability Company Operating Agreement and the Advisory Agreement among KMPFF, Kenmar Preferred Investments Corp. and Winton.

KMPFF has entered into a Trading Advisor Agreement with Graham Capital Management, L.P. (“Graham”) whereby, beginning July 1, 2010, Graham will manage a portion of KMPFF’s assets pursuant to its K4D-15V Program. Attached as Exhibit 10.14 is the Advisory Agreement with Graham.

 

Item 1.02 Termination of a Material Definitive Agreement

As of June 30, 2010, Graham will withdraw as the trading advisor for Registrant and no longer manage its assets. As discussed above in Item 1.01, effective July 1, 2010, Registrant intends to allocate all of its assets to KMPFF, for which Winton and Graham will serve as trading advisors.

Attached as Exhibit 99.5 is a copy of a letter that will be provided to investors regarding the activities described herein.

 

Item 9.01 Financial Statements and Exhibits

 

(d) Exhibits.

 

Exhibit
No.

  

Description

10.12    KMP Futures Fund I LLC Amended and Restated Limited Liability Company Operating Agreement dated January 1, 2010
10.13    Advisory Agreement dated November 20, 2006 by and among WCM Pool LLC, Preferred Investment Solutions Corp. and Winton Capital Management Limited
10.14    Advisory Agreement dated July 1, 2010 by and among KMP Futures Fund I LLC, Kenmar Preferred Investments Corp. and Graham Capital Management, L.P.
99.5    Letter to Investors dated May 28, 2010


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following person on behalf of the Registrant in the capacity indicated on June 3, 2010.

 

 

WORLD MONITOR TRUST II – SERIES E

(Registrant)

  By:  

Kenmar Preferred Investments Corp.,

    its Managing Owner

Date: June 3, 2010   By:  

/s/ Lawrence S. Block

    Name:   Lawrence S. Block
    Title:   Executive Vice President and General Counsel