1/49 ...................................................................................................................................................2 .............................................................................................................................................3 ................................................................................................................................6 1......................................................................................................................................6 ) (..............................................................................................................................6 ) (.............................................................................................................................12 ) (.............................................................................................................................18 2.....................................................................................................................................26 ..............................................................................................................................29 1.....................................................................................................................................29 2.....................................................................................................................................33 ) (ETF33 ) (CFTC37 3..................................................................................................................................40 ) (....................................................................................................................................40 ) (..........................................................................................................................42 ) (.............................................................................................................................42 ) (.............................................................................................................................43 ...............................................................................................................44 1.....................................................................................................................................44 2.....................................................................................................................................44 3...............................................................................................................................46 4.....................................................................................................................................46 2/49 .............................................................................................................. .................................................................................................... ............................................................................................. ................................................................................................................ ............................................................................................................. ........................................................................................................ ............................................................................................................. ............................................................................................................... ......................................................................................................... .......................................................................................................................... .......................................................................................................................... ................................................................................................................ ................................................................................................................ ..................................................................................................... ................................................................................................................. ..................................................................................................... ........................................................................................................ ........................................................................................................ ......................................................................................... ........................................................................