CI First Asset U.S. Tactical Sector Allocation Index ETF T.FUT

RE: Baywall do u have the results from 3rd quarter

[BayWall]

 

FINANCIAL HIGHLIGHTS 3 months ending September 30, 2012		3 months ending September 30, 2011		9 months ending September 30, 2012		9 months ending September 30, 2011
Revenue	$ 484,324		$ 505,556		$ 1,674,112		$ 1, 472,707
Gross Margin	259,322		304,780		870,341		803,734
Expenses	(439,272)		(572,384)		(1,982,092)		(1,555,385)
Loss Before Financial Activities	(179,950)		(267,604)		(1,111,751)		(751,651)
Net Loss	$ (462,618)		$ (429,333)		$ (1,944,667)		$ (1,115,290)
Numbers Excluding Breakage
Revenue	$ 388,645		$ 358,140		$ 1,342,190		$ 1,180,041
Gross Margin	190,710		157,364		614,160		511,068
Expenses	(439,272)		(572,384)		(1,982,092)		(1,555,385)
Loss Before Financial Activities	(248,562)		(415,020)		(1,367,932)		(1,044,317