13 unchanged sentences
However, the inherent uncertainty in the markets in which the Fund trades and the recurrence in the markets traded by the Fund of market movements far exceeding expectations could result in actual trading or non-trading losses far beyond the indicated VaR or the Fund’s experience to date (i.e., “risk of ruin”).
−Removed: In light of these considerations, as well as the risks and uncertainties intrinsic to all future projections, the
−Removed: following VaR presentation does not constitute any assurance or representation that the Fund’s losses in any market sector will be limited to VaR.
+Added: In light of these considerations, as well as the risks and uncertainties intrinsic to all future projections, the following VaR presentation does not constitute any assurance or representation that the Fund’s losses in any market sector will be limited to VaR.
THE FUND’S TRADING VALUE AT RISK
The Fund calculates VaR using the actual historical market movements of the Fund’s net assets.
−Removed: The following table indicates the trading VaR associated with the Fund’s net assets as of March 31, 2024.
−Removed: For the Three Months Ended
−Removed: March 31, 2024
+Added: The following table indicates the trading VaR associated with the Fund’s net assets as of June 30, 2024.
+Added: For the Six Months Ended
+Added: June 30, 2024
Daily Volatility
21 unchanged sentences
Investors may lose all or substantially all of their investment in the Fund.
−Removed: The following were the primary trading risk exposures of the Fund as of March 31, 2024 by market sector:
+Added: The following were the primary trading risk exposures of the Fund as of June 30, 2024 by market sector:
The price of corn is volatile.
39 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.