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Consultants recommend that having 10% to 20% of your portfolio invested in
Managed Futures may increase the overall return and reduce the volatility (risk).


	The Futures Paradox Consultants recommend 10% of Managed Futures in a balanced portfolio. ¹ January 1990 to March 2007. Barclay CTA Index adjusted for CDN T-Bills. Prior to July 1, 2005, the benchmark was the CISDM Fund/Pool Qualified Universe Index adjusted for CDN T-Bills.


	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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