UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-D

ASSET-BACKED ISSUER

DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934.

For the monthly distribution period from May 1, 2022 to May 31, 2022

Commission File Number of issuing entity: 333-228112-11

Central Index Key Number of issuing entity: 0001878872

WORLD OMNI SELECT AUTO TRUST 2021-A

(Exact name of issuing entity as specified in its charter)

Commission File Number of depositor: 333-228112

Central Index Key Number of depositor: 0001083199

WORLD OMNI AUTO RECEIVABLES LLC

(Exact name of depositor as specified in its charter)

Central Index Key Number of sponsor: 0001004150

WORLD OMNI FINANCIAL CORP.

(Exact name of sponsor as specified in its charter)

Paula Pescaru, Assistant Secretary, (954) 295-7425

(Name and telephone number, including area code,

of the person to contact in connection with this filing)

Delaware

(State or other jurisdiction of incorporation or organization of the issuing entity)

52-2184798

(I.R.S. Employer Identification No.)

250 Jim Moran Boulevard, Deerfield Beach, FL 33442

(Address, including zip code, of principal executive offices of the issuing entity)

(954) 429-2200

(Telephone number, including area code, of the issuing entity)

Former name or former address, if changed since last report: Not applicable.

Registered/reporting pursuant to (check one):

Title of class	Section 12(b)	Section 12(g)	Section 15(d)	Name of exchange (If Section 12(b))
Asset Backed Notes, Class A-1	¨	¨	x	¨
Asset Backed Notes, Class A-2	¨	¨	x	¨
Asset Backed Notes, Class A-3	¨	¨	x	¨
Asset Backed Notes, Class B	¨	¨	x	¨
Asset Backed Notes, Class C	¨	¨	x	¨
Asset Backed Notes, Class D	¨	¨	x	¨

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes x No ¨

PART I – DISTRIBUTION INFORMATION

Item 1. Distribution and Pool Performance Information.

Distribution and pool performance information with respect to the receivables that constitute the assets of World Omni Select Auto Trust 2021-A for (the “Issuing Entity”) the distribution period commencing on May 1, 2022 and expiring on May 31, 2022 is set forth in the Monthly Servicer’s Certificate that is attached to this report as Exhibit 99.1, which Monthly Servicer’s Certificate is incorporated by reference herein. See the Sale and Servicing Agreement, Indenture and other documents filed as exhibits to the Form 8-K filed by the Issuing Entity on September 22, 2021 for a description of the transaction and defined terms used in this report and the attached Monthly Servicer’s Certificate.

Item 1A. Asset-Level Information.

The Asset Data Files for the asset pool of the Issuing Entity for the May Collection period filed as Exhibit 102 to the Form ABS-EE filed by the Issuing Entity with the U.S. Securities and Exchange Commission on June 29, 2022 (each, a “Form ABS-EE”) are incorporated into this Form 10-D by reference.

The Asset Related Documents (Additional Explanatory Disclosure) for the asset pool of the Issuing Entity for the May Collection period filed as Exhibit 103 to each Form ABS-EE are also incorporated into this Form 10-D by reference.

Item 1B. Asset Representations Reviewer and Investor Communication.

Not applicable.

ITEM 1121 (c) OF REGULATION AB. REPURCHASES AND REPLACEMENTS

No activity to report for the distribution period as required by Item 1121 (c) of Regulation AB.

Date of Most Recent Form ABS-15G: January 7, 2022

Central Index Key (CIK) of Securitizer: 0001004150

PART II – OTHER INFORMATION

Item 2. Legal Proceedings.

Not applicable.

Item 3. Sales of Securities and Use of Proceeds.

Not applicable.

Item 4. Defaults Upon Senior Securities.

Not applicable.

Item 5. Submission of Matters to a Vote of Security Holders.

Not applicable.

Item 6. Significant Obligors of Pool Assets.

Not applicable.

Item 7. Change in Sponsor Interest in the Securities.

Not applicable.

Item 8. Significant Enhancement Provider Information.

Not applicable.

Item 9. Other Information.

Compliance with European Union and United Kingdom Risk Retention Rules.

World Omni Financial Corp. (“World Omni”), as “originator” (as such term is defined for the purposes of each of the Securitization Regulations (as defined in the Sale and Servicing Agreement)), continues to retain, a material net economic interest (the “Retained Interest”), in the form specified in paragraph (d) of Article 6(3) of each of the Securitization Regulations (as defined in the Sale and Servicing Agreement), by holding and continuing to hold, all the limited liability company interests in World Omni Auto Receivables LLC (“WOAR”), which in turn retains the Certificates (as defined in the Sale and Servicing Agreement) issued by the Issuing Entity, such Certificates constituting the first loss tranche and representing at least 5% of the aggregate nominal value of the Receivables (as defined in the Sale and Servicing Agreement) transferred to the Issuing Entity.

World Omni has not (and has not permitted WOAR or any of its other affiliates to) subject the Retained Interest to any credit risk mitigation or hedging, or sold, transferred or otherwise surrendered all or part of the rights, benefits or obligations arising from the Retained Interest, except, in each case, to the extent permitted in accordance with the Securitization Rules. Further, World Omni has not changed the retention option or the method of calculating the Retained Interest.

Item 10. Exhibits.

Exhibit 99.1. Monthly Servicer’s Certificate for the distribution period commencing on May 1, 2022 and expiring on May 31, 2022.

Exhibit 102 Asset Data File for the reporting period May 1, 2022 to May 31, 2022 (See Exhibit 102 to Form ABS-EE filed by World Omni Select Auto Trust 2021-A on June 29, 2022 which is incorporated by reference herein).

Exhibit 103 Asset Related Document for the reporting period May 1, 2022 to May 31, 2022 (See Exhibit 103 to Form ABS-EE filed by World Omni Select Auto Trust 2021-A on June 29, 2022 which is incorporated by reference herein).

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	World Omni Select Auto Trust 2021-A
	(Issuing Entity)

	By:	World Omni Financial Corp.
		(Servicer, not in its individual capacity, but solely as Servicer on behalf of the Issuing Entity)

Date: June 29, 2022		/s/ Ronald J. Virtue
		Ronald J. Virtue
		Assistant Treasurer

Exhibit 99.1

World Omni Select Auto Trust 2021-A
Monthly Servicer Certificate
May 31, 2022

Dates Covered

Collections Period

05/01/22 - 05/31/22

Interest Accrual Period

05/16/22 - 06/14/22

30/360 Days

Actual/360 Days

Distribution Date

06/15/22

Collateral Pool Balance Data	$ Amount		# of Accounts
Pool Balance at 04/30/22	743,560,783.88		30,827
Principal Payments	33,428,495.12		1,021
Defaulted Receivables	1,908,756.32		81
Repurchased Accounts	0.00		0
Pool Balance at 05/31/22	708,223,532.44		29,725

Pool Statistics	$ Amount		# of Accounts
Pool Factor	66.74	%
Prepayment ABS Speed	2.15	%
Aggregate Starting Principal Balance	1,061,120,455.52		39,395

Delinquent Receivables:
Past Due 31-60 days	26,100,838.68		1,115
Past Due 61-90 days	6,537,218.92		282
Past Due 91-120 days	1,514,093.36		64
Past Due 121+ days	0.00		0
Total	34,152,150.96		1,461

Total 31+ Delinquent as % Ending Pool Balance	4.82	%
Total 61+ Delinquent as % Ending Pool Balance	1.14	%
Delinquency Trigger Occurred	NO

Recoveries	1,540,520.40
Aggregate Net Losses/(Gains) - May 2022	368,235.92
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):
Current Net Losses/(Gains) Ratio	0.59	%
Prior Net Losses/(Gains) Ratio	1.16	%
Second Prior Net Losses/(Gains) Ratio	0.95	%
Third Prior Net Losses/(Gains) Ratio	0.62	%
Four Month Average	0.83	%

Cumulative Net Loss as a % of Aggregate Starting Principal Balance	0.51	%

Overcollateralization Target Amount	70,822,353.24
Actual Overcollateralization	70,822,353.24
Weighted Average Contract Rate	8.12	%
Weighted Average Remaining Term	57.43

Flow of Funds	$ Amount
Collections	39,890,649.59
Investment Earnings on Cash Accounts	3,610.17
Servicing Fee	(774,542.48	)
Transfer to Collection Account	-
Available Funds	39,119,717.28

Distributions of Available Funds
(1) Asset Representation Reviewer Amounts (up to $150,000 per year)	-
(2) Class A Interest	169,573.72
(3) Noteholders' First Priority Principal Distributable Amount	-
(4) Class B Interest	43,222.50
(5) Noteholders' Second Priority Principal Distributable Amount	-
(6) Class C Interest	55,426.50
(7) Noteholders' Third Priority Principal Distributable Amount	-
(8) Class D Interest	57,300.00
(9) Noteholders' Fourth Priority Principal Distributable Amount	-
(10) Class E Interest	-
(11) Noteholders' Fifth Priority Principal Distributable Amount	-
(12) Required Reserve Account	-
(13) Noteholders' Principal Distributable Amount	31,803,526.29
(14) Asset Representation Reviewer Amounts (in excess of 1)	-
(15) Distribution to Certificateholders	6,990,668.27

Total Distributions of Available Funds	39,119,717.28

Servicing Fee	774,542.48
Unpaid Servicing Fee	-
Change in amount of the unpaid servicing fee from the prior period	-

Note Balances & Note Factors	$ Amount
Original Class A	817,050,000.00
Original Class B	61,020,000.00
Original Class C	61,020,000.00
Original Class D	47,750,000.00
Original Class E	21,220,000.00

Total Class A, B, C, D & E
Note Balance @ 05/16/22	669,204,705.49
Principal Paid	31,803,526.29
Note Balance @ 06/15/22	637,401,179.20

Class A-1
Note Balance @ 05/16/22	0.00
Principal Paid	0.00
Note Balance @ 06/15/22	0.00
Note Factor @ 06/15/22	0.0000000	%

Class A-2
Note Balance @ 05/16/22	208,144,705.49
Principal Paid	31,803,526.29
Note Balance @ 06/15/22	176,341,179.20
Note Factor @ 06/15/22	48.1806501	%

Class A-3
Note Balance @ 05/16/22	270,050,000.00
Principal Paid	0.00
Note Balance @ 06/15/22	270,050,000.00
Note Factor @ 06/15/22	100.0000000	%

Class B
Note Balance @ 05/16/22	61,020,000.00
Principal Paid	0.00
Note Balance @ 06/15/22	61,020,000.00
Note Factor @ 06/15/22	100.0000000	%

Class C
Note Balance @ 05/16/22	61,020,000.00
Principal Paid	0.00
Note Balance @ 06/15/22	61,020,000.00
Note Factor @ 06/15/22	100.0000000	%

Class D
Note Balance @ 05/16/22	47,750,000.00
Principal Paid	0.00
Note Balance @ 06/15/22	47,750,000.00
Note Factor @ 06/15/22	100.0000000	%

Class E
Note Balance @ 05/16/22	21,220,000.00
Principal Paid	0.00
Note Balance @ 06/15/22	21,220,000.00
Note Factor @ 06/15/22	100.0000000	%

Interest & Principal Payments	$ Amount
Total Interest Paid	325,522.72
Total Principal Paid	31,803,526.29
Total Paid	32,129,049.01

Class A-1
Coupon	0.09567	%
Interest Paid	0.00
Principal Paid	0.00
Total Paid to A-1 Holders	0.00

Class A-2
Coupon	0.29000	%
Interest Paid	50,301.64
Principal Paid	31,803,526.29
Total Paid to A-2 Holders	31,853,827.93

Class A-3
Coupon	0.53000	%
Interest Paid	119,272.08
Principal Paid	0.00
Total Paid to A-3 Holders	119,272.08

Class B
Coupon	0.85000	%
Interest Paid	43,222.50
Principal Paid	0.00
Total Paid to B Holders	43,222.50

Class C
Coupon	1.09000	%
Interest Paid	55,426.50
Principal Paid	0.00
Total Paid to C Holders	55,426.50

Class D
Coupon	1.44000	%
Interest Paid	57,300.00
Principal Paid	0.00
Total Paid to D Holders	57,300.00

Class E
Coupon	0.00000	%
Interest Paid	0.00
Principal Paid	0.00
Total Paid to E Holders	0.00

Distribution per $1,000 of Notes	Total
Total Interest Distribution Amount		0.3229200
Total Interest Carryover Shortfall		0.0000000
Total Principal Distribution Amount		31.5492394
Total Distribution Amount		31.8721594

A-1 Interest Distribution Amount		0.0000000
A-1 Interest Carryover Shortfall		0.0000000
A-1 Principal Distribution Amount		0.0000000
Total A-1 Distribution Amount		0.0000000

A-2 Interest Distribution Amount		0.1374362
A-2 Interest Carryover Shortfall		0.0000000
A-2 Principal Distribution Amount		86.8948806
Total A-2 Distribution Amount		87.0323168

A-3 Interest Distribution Amount		0.4416667
A-3 Interest Carryover Shortfall		0.0000000
A-3 Principal Distribution Amount		0.0000000
Total A-3 Distribution Amount		0.4416667

B Interest Distribution Amount		0.7083333
B Interest Carryover Shortfall		0.0000000
B Principal Distribution Amount		0.0000000
Total B Distribution Amount		0.7083333

C Interest Distribution Amount		0.9083333
C Interest Carryover Shortfall		0.0000000
C Principal Distribution Amount		0.0000000
Total C Distribution Amount		0.9083333

D Interest Distribution Amount		1.2000000
D Interest Carryover Shortfall		0.0000000
D Principal Distribution Amount		0.0000000
Total D Distribution Amount		1.2000000

E Interest Distribution Amount		0.0000000
E Interest Carryover Shortfall		0.0000000
E Principal Distribution Amount		0.0000000
Total E Distribution Amount		0.0000000

Noteholders' First Priority Principal Distributable Amount		0.00
Noteholders' Second Priority Principal Distributable Amount		0.00
Noteholders' Third Priority Principal Distributable Amount		0.00
Noteholders' Fourth Priority Principal Distributable Amount		0.00
Noteholders' Fifth Priority Principal Distributable Amount		0.00
Noteholders' Principal Distributable Amount		1,000.00

Account Balances		$ Amount
Reserve Account
Balance as of 05/16/22		5,305,602.28
Investment Earnings		2,881.09
Investment Earnings Paid		(2,881.09	)
Deposit/(Withdrawal)		-
Balance as of 06/15/22		5,305,602.28
Change		-

Required Reserve Amount		5,305,602.28

Other Servicing Information		Current Month			Prior Month			Two Months Prior
Principal Balance of Receivables extended during the Collection Period	$	11,964,715.57		$	11,534,401.38		$	12,018,795.02
Number of Extensions		452			427			442
Ratio of extensions to Beginning of Period Receivables Balance		1.61	%		1.48	%		1.46	%

Credit Risk Retention Information

World Omni Financial Corp. (“World Omni”), as “originator” for the purposes of the EU Securitization Rules (as defined in the Sale and Servicing Agreement), continues to retain, a material net economic interest (the “EU Retained Interest”), in the form of retention of a first loss tranche as described in option (d) of Article 6(3) of the EU Securitization Regulation, by holding all the limited liability company interests in World Omni Auto Receivables LLC (“WOAR”), which in turn retains the Certificates (as defined in the Sale and Servicing Agreement) issued by World Omni Select Auto Trust 2021-A, such Certificates representing at least 5% of the aggregate nominal value of the Receivables (as defined in the Sale and Servicing Agreement) in the pool.

World Omni has not (and has not permitted WOAR or any of its other affiliates to subject the EU Retained Interest to any hedge or otherwise mitigate its credit risk under or associated with the EU Retained Interest, or sell, transfer or otherwise surrender all or part of the rights, benefits or obligations arising from the EU Retained Interest) subject the EU Retained Interest to any credit risk mitigation or hedging, or sell, transfer or otherwise surrender all or part of the rights, benefits or obligations arising from the EU Retained Interest, except, in each case to the extent permitted in accordance with the EU Securitization Rules. Further, World Omni has not changed the retention option or method of calculating the EU Retained Interest.