Managed Futures Notes - Commodity Trading Advisors

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	Diversification of Commodity Trading Advisors (CTAs), Trading Styles, Futures Markets and Geographic Regions Limits Risk and Increases Our Likelihood of Capturing Profit Opportunities over the Long Term.

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	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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