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                    <othIndName>WTI CRUDE FUTURE JUN25 CLM5</othIndName>
                    <identifiers>
                      <other otherDesc="Internal" value="KCJ528000"/>
                    </identifiers>
                    <othIndNotAmt>492878.22992717</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>N/A</othIndValue>
                    <othIndIssCurCd>N/A</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>GASOLINE RBOB FUT JUN25 XBM5</othIndName>
                    <identifiers>
                      <other otherDesc="Internal" value="KCI789000"/>
                    </identifiers>
                    <othIndNotAmt>-376362.48162817</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>N/A</othIndValue>
                    <othIndIssCurCd>N/A</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>NY HARB ULSD FUT JUN25 HOM5</othIndName>
                    <identifiers>
                      <other otherDesc="Internal" value="KCJ633000"/>
                    </identifiers>
                    <othIndNotAmt>786484.78741389</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>N/A</othIndValue>
                    <othIndIssCurCd>N/A</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>COTTON NO.2 FUTR JUL25 CTN5</othIndName>
                    <identifiers>
                      <other otherDesc="Internal" value="KCJ572000"/>
                    </identifiers>
                    <othIndNotAmt>1222313.73426653</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>N/A</othIndValue>
                    <othIndIssCurCd>N/A</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>SOYBEAN OIL FUTR JUL25 BON5</othIndName>
                    <identifiers>
                      <other otherDesc="Internal" value="KCK292000"/>
                    </identifiers>
                    <othIndNotAmt>888750.37099802</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>N/A</othIndValue>
                    <othIndIssCurCd>N/A</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>SILVER FUTURE JUL25 SIN5</othIndName>
                    <identifiers>
                      <other otherDesc="Internal" value="KCJ542000"/>
                    </identifiers>
                    <othIndNotAmt>-799053.66652080</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>N/A</othIndValue>
                    <othIndIssCurCd>N/A</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>KC HRW WHEAT FUT JUL25 KWN5</othIndName>
                    <identifiers>
                      <other otherDesc="Internal" value="JKH342000"/>
                    </identifiers>
                    <othIndNotAmt>-892754.91478957</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>N/A</othIndValue>
                    <othIndIssCurCd>N/A</othIndIssCurCd>
                  </component>
                </components>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.00000000"/>
            <fixedPmntDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.00450000"/>
            <terminationDt>2025-06-13</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>11594788.26800000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>183447.63000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UBS AG</name>
        <lei>BFM8T61CT2L1QCEMIK50</lei>
        <title>UBCSQAF1 6/13/2025 FDS ETRS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="LBW781000"/>
        </identifiers>
        <balance>75065.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-216187.20000000</valUSD>
        <pctVal>-0.35736253848</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>UBS AG</counterpartyName>
              <counterpartyLei>BFM8T61CT2L1QCEMIK50</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>UBCSQAF1 INDEX</indexName>
                <indexIdentifier>UBCSQAF1</indexIdentifier>
                <components>
                  <component>
                    <othIndName>COCOA FUTURE JUL25 CCN5</othIndName>
                    <identifiers>
                      <other otherDesc="Internal" value="KCK388000"/>
                    </identifiers>
                    <othIndNotAmt>480057.42050020</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>N/A</othIndValue>
                    <othIndIssCurCd>N/A</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CATTLE FEEDER FUT AUG25 FCQ5</othIndName>
                    <identifiers>
                      <other otherDesc="Internal" value="KPB356000"/>
                    </identifiers>
                    <othIndNotAmt>2526021.38510395</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>N/A</othIndValue>
                    <othIndIssCurCd>N/A</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>RAPESEED EURO FUT AUG25 IJQ5</othIndName>
                    <identifiers>
                      <isin value="FREN00023100"/>
                    </identifiers>
                    <othIndNotAmt>873312.89303695</othIndNotAmt>
                    <othIndCurCd>EUR</othIndCurCd>
                    <othIndValue>N/A</othIndValue>
                    <othIndIssCurCd>N/A</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>MILL WHEAT EURO FUT SEP25 CAU5</othIndName>
                    <identifiers>
                      <isin value="FREN00432202"/>
                    </identifiers>
                    <othIndNotAmt>331229.29538976</othIndNotAmt>
                    <othIndCurCd>EUR</othIndCurCd>
                    <othIndValue>N/A</othIndValue>
                    <othIndIssCurCd>N/A</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>SOYBEAN FUTURE JUL25 S N5</othIndName>
                    <identifiers>
                      <other otherDesc="Internal" value="KCI666000"/>
                    </identifiers>
                    <othIndNotAmt>1068995.65140865</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>N/A</othIndValue>
                    <othIndIssCurCd>N/A</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>SOYBEAN OIL FUTR JUL25 BON5</othIndName>
                    <identifiers>
                      <other otherDesc="Internal" value="KCK292000"/>
                    </identifiers>
                    <othIndNotAmt>1606887.42886580</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>N/A</othIndValue>
                    <othIndIssCurCd>N/A</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>WHEAT FUTURE(CBT) JUL25 W N5</othIndName>
                    <identifiers>
                      <other otherDesc="Internal" value="KCK213000"/>
                    </identifiers>
                    <othIndNotAmt>295150.04388118</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>N/A</othIndValue>
                    <othIndIssCurCd>N/A</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CANOLA FUTR (WCE) JUL25 RSN5</othIndName>
                    <identifiers>
                      <other otherDesc="Internal" value="KFT681000"/>
                    </identifiers>
                    <othIndNotAmt>317509.83896511</othIndNotAmt>
                    <othIndCurCd>CAD</othIndCurCd>
                    <othIndValue>N/A</othIndValue>
                    <othIndIssCurCd>N/A</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>LIVE CATTLE FUTR JUN25 LCM5</othIndName>
                    <identifiers>
                      <other otherDesc="Internal" value="KCW269000"/>
                    </identifiers>
                    <othIndNotAmt>2519369.00169735</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>N/A</othIndValue>
                    <othIndIssCurCd>N/A</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CORN FUTURE JUL25 C N5</othIndName>
                    <identifiers>
                      <other otherDesc="Internal" value="KCK335000"/>
                    </identifiers>
                    <othIndNotAmt>-853073.25895980</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>N/A</othIndValue>
                    <othIndIssCurCd>N/A</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>COCOA FUTURE - IC JUL25 QCN5</othIndName>
                    <identifiers>
                      <isin value="GB00C02VT131"/>
                    </identifiers>
                    <othIndNotAmt>273840.77566550</othIndNotAmt>
                    <othIndCurCd>GBP</othIndCurCd>
                    <othIndValue>N/A</othIndValue>
                    <othIndIssCurCd>N/A</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>RED WHEAT FUT MGE JUL25 MWN5</othIndName>
                    <identifiers>
                      <other otherDesc="Internal" value="JWI504000"/>
                    </identifiers>
                    <othIndNotAmt>-1395270.18681645</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>N/A</othIndValue>
                    <othIndIssCurCd>N/A</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>KC HRW WHEAT FUT JUL25 KWN5</othIndName>
                    <identifiers>
                      <other otherDesc="Internal" value="JKH342000"/>
                    </identifiers>
                    <othIndNotAmt>-610681.65016255</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>N/A</othIndValue>
                    <othIndIssCurCd>N/A</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>SOYBEAN MEAL FUTR JUL25 SMN5</othIndName>
                    <identifiers>
                      <other otherDesc="Internal" value="IEH148000"/>
                    </identifiers>
                    <othIndNotAmt>-1907108.37855150</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>N/A</othIndValue>
                    <othIndIssCurCd>N/A</othIndIssCurCd>
                  </component>
                </components>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.00000000"/>
            <fixedPmntDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.01000000"/>
            <terminationDt>2025-06-13</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>25326180.35000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-216187.20000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="As of March 2025, monthly returns presented in Item B.5.a. have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-05-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Heather Bonner</ncom:nameOfApplicant>
      <ncom:signature>Heather Bonner</ncom:signature>
      <ncom:signerName>Heather Bonner</ncom:signerName>
      <ncom:title>President and Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
