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Managed Futures: A Unique Asset Class

Managed Futures: The investing in futures contracts by professional traders who specialize in the commodities and futures markets as buyers or sellers of real assets such as gold, silver, grain, corn, crude oil, natural gas as well as financial instruments and currencies. Institutional investors, such as pension funds, have been investing in managed futures for more than two decades to help diversify their portfolios - and reduce risk. Through Tricycle's Managed Futures Notes, individual investors can take advantage of this same upside potential with AAA-rated1 Principal Protection and a Guaranteed Minimum Yield2 over the life of the investment

Less Risk: Through True Diversification

Over the last two decades, institutional investors have used alternative assets such as managed futures to achieve true diversification for their portfolios. They know that true diversification means investing in an asset class that is independent of stocks and bonds - as well as interest rates and market conditions. Managed futures are non-correlated to traditional asset class.  Managed Futures Notes expose individual investors to managed futures and true diversification without risk in a loss on their original investment if held to maturity.2

As the managers of the Managed Futures Notes, Tricycle Asset Management has instilled many levels of diversification in order to further mitigate risk. Not only does the asset class itself provide true diversification, the Notes are diversified in terms of trading styles as well as the types of markets in which the professional futures traders participate.

1 Standard & Poor's.
2 The issuer of each Series of Managed Futures Notes guarantees a specified minimum return for each $100 of initial investment, if purchased at issue price and held to maturity. Please see the Information Statement for each Series of Managed Futures Notes for details on the guaranteed minimum yield for such Series.

CWB Managed Futures Notes are only offered for sale in the provinces and territories of Canada.

CWB Managed Futures Notes are only offered for sale in those jurisdictions where they may be lawfully offered for sale and therein only by persons permitted to sell such securities.
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