<PAGE>
WORLD MONITOR TRUST--
SERIES C
MONTHLY REPORT/
OCTOBER 27, 2000
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WORLD MONITOR TRUST--SERIES C
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Dear Interest Holder:
Enclosed is the report for the period from September 30, 2000 to October 27,
2000 for World Monitor Trust--Series C ('Series C'). The net asset value of an
interest as of October 27, 2000 was $68.50, an increase of 0.50% from the
September 29, 2000 value of $68.16. The year-to-date return for Series C was a
decrease of 28.63% as of October 27, 2000.
As we wrote to you in our letter dated November 8, 2000, we are pleased to
announce that Northfield Trading L.P. ('Northfield') was selected as the new
trading advisor to Series C. Northfield began trading Series C's assets on
November 13, 2000.
The estimated net asset value per interest as of November 15, 2000 was $70.63.
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 1-800-535-2077.
Sincerely yours,
/s/ Eleanor L. Thomas
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President and Director
PRUDENTIAL SECURITIES
FUTURES MANAGEMENT INC.
Please note that the 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.
<TABLE>
<CAPTION>
STATEMENT OF OPERATIONS
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<S> <C>
For the period from September 30, 2000 to
October 27, 2000
Revenues:
Interest income....................... 38,123
--------
Net gain.............................. $ 38,123
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</TABLE>
<TABLE>
<CAPTION>
STATEMENT OF CHANGES IN NET ASSET VALUE
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<S> <C> <C>
For the period from September 30, 2000 to
October 27, 2000
Per
Total Interest
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Net asset value at beginning
of period (112,838.333
interests)................. $7,691,315 $ 68.16
Net gain..................... 38,123
Redemptions.................. (256,297)
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Net asset value at end of
period (109,092.871
interests)................. $7,473,141 68.50
----------
----------
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Change in net asset
value per interest..................... $ 0.34
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--------
Percentage change........................ 0.50%
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--------
</TABLE>
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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--Series C is accurate and
complete.
PRUDENTIAL SECURITIES FUTURES
MANAGEMENT INC.
/s/ Barbara J. Brooks
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by: Barbara J. Brooks
Chief Financial Officer