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        <ReportingPeriodEndDate>2014-12-31</ReportingPeriodEndDate>
        <ReportingPeriodType>Q4</ReportingPeriodType>
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                <QuestionNumber>45</QuestionNumber>
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        <AIFNationalCode>111112</AIFNationalCode>
        <AIFName>AIF TEST2</AIFName>
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                            Buy 10 Instrument Dec 2014 160 Calls through Bclear (NYSE Liffe)
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                            <AIIProductCode>XXX</AIIProductCode>
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                        <InstrumentName>CAC 40 Index Future Jun 2014</InstrumentName>
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                    <EEANAVRate>55</EEANAVRate>
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                    <AsiaPacificAUMRate>0</AsiaPacificAUMRate>
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                    <PrincipalExposure>
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                        <AssetMacroType>CIU</AssetMacroType>
                        <SubAssetType>CIU_NAM_AETF</SubAssetType>
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                    <PrincipalExposure>
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                        <AssetMacroType>DER</AssetMacroType>
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                        <PositionType>S</PositionType>
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                        <AggregatedValueRate>10</AggregatedValueRate>
                        <CounterpartyIdentification>
                            <EntityName>Entity 2</EntityName>
                            <EntityIdentificationBIC>TESTFRPPXXX</EntityIdentificationBIC>
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                    <PrincipalExposure>
                        <Ranking>6</Ranking>
                        <AssetMacroType>SEC</AssetMacroType>
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                        <AggregatedValueRate>2</AggregatedValueRate>
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                    <PrincipalExposure>
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                        <AssetMacroType>DER</AssetMacroType>
                        <SubAssetType>DER_EQD_FINI</SubAssetType>
                        <PositionType>L</PositionType>
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                        <AggregatedValueRate>3</AggregatedValueRate>
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                    <PrincipalExposure>
                        <Ranking>8</Ranking>
                        <AssetMacroType>SEC</AssetMacroType>
                        <SubAssetType>SEC_MBN_MNPL</SubAssetType>
                        <PositionType>L</PositionType>
                        <AggregatedValueAmount>24500000</AggregatedValueAmount>
                        <AggregatedValueRate>13</AggregatedValueRate>
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                    <PrincipalExposure>
                        <Ranking>9</Ranking>
                        <AssetMacroType>DER</AssetMacroType>
                        <SubAssetType>DER_EQD_FINI</SubAssetType>
                        <PositionType>L</PositionType>
                        <AggregatedValueAmount>14500000</AggregatedValueAmount>
                        <AggregatedValueRate>24</AggregatedValueRate>
                        <CounterpartyIdentification>
                            <EntityName>Entity 2</EntityName>
                            <EntityIdentificationBIC>TESTFRPPXXX</EntityIdentificationBIC>
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                    <PrincipalExposure>
                        <Ranking>10</Ranking>
                        <AssetMacroType>NTA</AssetMacroType>
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                            <Ranking>1</Ranking>
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                            <PositionType>L</PositionType>
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                                <MarketCodeType>MIC</MarketCodeType>
                                <MarketCode>XPAR</MarketCode>
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                                <MarketCodeType>XXX</MarketCodeType>
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                            <CounterpartyIdentification>
                                <EntityName>TEST ENTITY</EntityName>
                                <EntityIdentificationLEI>ZNHTL6O2WODTKMPF1Z48</EntityIdentificationLEI>
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                            <AssetType>CIU_OAM</AssetType>
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                                <MarketCodeType>OTC</MarketCodeType>
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                            <AggregatedValueRate>8</AggregatedValueRate>
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                        <AIFPrincipalMarket>
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                        <AIFPrincipalMarket>
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                            <MarketIdentification>
                                <MarketCodeType>XXX</MarketCodeType>
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                    <InvestorConcentration>
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                        <ProfessionalInvestorConcentrationRate>45</ProfessionalInvestorConcentrationRate>
                        <RetailInvestorConcentrationRate>55</RetailInvestorConcentrationRate>
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                    <AssetTypeExposures>
                        <AssetTypeExposure>
                            <SubAssetType>SEC_SBD_EUBY</SubAssetType>
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                            <ShortValue>600000</ShortValue>
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                        <AssetTypeExposure>
                            <SubAssetType>DER_EQD_OTHD</SubAssetType>
                            <LongValue>800000</LongValue>
                            <ShortValue>600000</ShortValue>
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                        <AssetTypeExposure>
                            <SubAssetType>DER_FEX_INVT</SubAssetType>
                            <GrossValue>500000</GrossValue>
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                        <AssetTypeExposure>
                            <SubAssetType>CIU_NAM_MMFC</SubAssetType>
                            <LongValue>400000</LongValue>
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                            <TurnoverSubAssetType>SEC_SBD_NEU</TurnoverSubAssetType>
                            <MarketValue>400000</MarketValue>
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                        <AssetTypeTurnover>
                            <TurnoverSubAssetType>DER_EQD_EQD</TurnoverSubAssetType>
                            <NotionalValue>400000</NotionalValue>
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                        <AssetTypeTurnover>
                            <TurnoverSubAssetType>DER_FEX_INV</TurnoverSubAssetType>
                            <NotionalValue>400000</NotionalValue>
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                        <AssetTypeTurnover>
                            <TurnoverSubAssetType>CIU_CIU_CIU</TurnoverSubAssetType>
                            <MarketValue>400000</MarketValue>
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                        <CurrencyExposure>
                            <ExposureCurrency>AUD</ExposureCurrency>
                            <LongPositionValue>12345</LongPositionValue>
                            <ShortPositionValue>8765</ShortPositionValue>
                        </CurrencyExposure>
                        <CurrencyExposure>
                            <ExposureCurrency>CHF</ExposureCurrency>
                            <LongPositionValue>12345</LongPositionValue>
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                        <AnnualInvestmentReturnRate>-9999.99</AnnualInvestmentReturnRate>
                        <MarketRiskMeasures>
                            <MarketRiskMeasure>
                                <RiskMeasureType>NET_EQTY_DELTA</RiskMeasureType>
                                <RiskMeasureValue>0</RiskMeasureValue>
                                <RiskMeasureDescription>Free text</RiskMeasureDescription>
                            </MarketRiskMeasure>
                            <MarketRiskMeasure>
                                <RiskMeasureType>NET_DV01</RiskMeasureType>
                                <BucketRiskMeasureValues>
                                    <LessFiveYearsRiskMeasureValue>12345678901234</LessFiveYearsRiskMeasureValue>
                                    <FifthteenYearsRiskMeasureValue>12345678901234</FifthteenYearsRiskMeasureValue>
                                    <MoreFifthteenYearsRiskMeasureValue>123</MoreFifthteenYearsRiskMeasureValue>
                                </BucketRiskMeasureValues>
                            </MarketRiskMeasure>
                            <MarketRiskMeasure>
                                <RiskMeasureType>NET_CS01</RiskMeasureType>
                                <BucketRiskMeasureValues>
                                    <LessFiveYearsRiskMeasureValue>123</LessFiveYearsRiskMeasureValue>
                                    <FifthteenYearsRiskMeasureValue>123</FifthteenYearsRiskMeasureValue>
                                    <MoreFifthteenYearsRiskMeasureValue>123</MoreFifthteenYearsRiskMeasureValue>
                                </BucketRiskMeasureValues>
                            </MarketRiskMeasure>
                            <MarketRiskMeasure>
                                <RiskMeasureType>VAR</RiskMeasureType>
                                <VARRiskMeasureValues>
                                    <VARValue>23</VARValue>
                                    <VARCalculationMethodCodeType>HISTO</VARCalculationMethodCodeType>
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                        </MarketRiskMeasures>
                    </MarketRiskProfile>
                    <CounterpartyRiskProfile>
                        <TradingClearingMechanism>
                            <TradedSecurities>
                                <RegulatedMarketRate>41</RegulatedMarketRate>
                                <OTCRate>59</OTCRate>
                            </TradedSecurities>
                            <TradedDerivatives>
                                <RegulatedMarketRate>94.59</RegulatedMarketRate>
                                <OTCRate>5.41</OTCRate>
                            </TradedDerivatives>
                            <ClearedDerivativesRate>
                                <CCPRate>100</CCPRate>
                                <BilateralClearingRate>0</BilateralClearingRate>
                            </ClearedDerivativesRate>
                            <ClearedReposRate>
                                <CCPRate>50</CCPRate>
                                <BilateralClearingRate>25</BilateralClearingRate>
                                <TriPartyRepoClearingRate>25</TriPartyRepoClearingRate>
                            </ClearedReposRate>
                        </TradingClearingMechanism>
                        <AllCounterpartyCollateral>
                            <AllCounterpartyCollateralCash>12345</AllCounterpartyCollateralCash>
                            <AllCounterpartyCollateralSecurities>12345</AllCounterpartyCollateralSecurities>
                            <AllCounterpartyOtherCollateralPosted>12345</AllCounterpartyOtherCollateralPosted>
                        </AllCounterpartyCollateral>
                        <FundToCounterpartyExposures>
                            <FundToCounterpartyExposure>
                                <Ranking>1</Ranking>
                                <CounterpartyExposureFlag>true</CounterpartyExposureFlag>
                                <CounterpartyIdentification>
                                    <EntityName>Entity 1</EntityName>
                                    <EntityIdentificationBIC>TESTUS3NXXX</EntityIdentificationBIC>
                                </CounterpartyIdentification>
                                <CounterpartyTotalExposureRate>25</CounterpartyTotalExposureRate>
                            </FundToCounterpartyExposure>
                            <FundToCounterpartyExposure>
                                <Ranking>2</Ranking>
                                <CounterpartyExposureFlag>true</CounterpartyExposureFlag>
                                <CounterpartyIdentification>
                                    <EntityName>Entity 3</EntityName>
                                    <EntityIdentificationBIC>TESTNL22XXX</EntityIdentificationBIC>
                                </CounterpartyIdentification>
                                <CounterpartyTotalExposureRate>25</CounterpartyTotalExposureRate>
                            </FundToCounterpartyExposure>
                            <FundToCounterpartyExposure>
                                <Ranking>3</Ranking>
                                <CounterpartyExposureFlag>true</CounterpartyExposureFlag>
                                <CounterpartyIdentification>
                                    <EntityName>Entity 4</EntityName>
                                    <EntityIdentificationBIC>TESTFRPPXXX</EntityIdentificationBIC>
                                </CounterpartyIdentification>
                                <CounterpartyTotalExposureRate>25</CounterpartyTotalExposureRate>
                            </FundToCounterpartyExposure>
                            <FundToCounterpartyExposure>
                                <Ranking>4</Ranking>
                                <CounterpartyExposureFlag>false</CounterpartyExposureFlag>
                            </FundToCounterpartyExposure>
                            <FundToCounterpartyExposure>
                                <Ranking>5</Ranking>
                                <CounterpartyExposureFlag>false</CounterpartyExposureFlag>
                            </FundToCounterpartyExposure>
                        </FundToCounterpartyExposures>
                        <CounterpartyToFundExposures>
                            <CounterpartyToFundExposure>
                                <Ranking>1</Ranking>
                                <CounterpartyExposureFlag>true</CounterpartyExposureFlag>
                                <CounterpartyIdentification>
                                    <EntityName>Entity 5</EntityName>
                                    <EntityIdentificationBIC>TESTNL22XXX</EntityIdentificationBIC>
                                </CounterpartyIdentification>
                                <CounterpartyTotalExposureRate>25</CounterpartyTotalExposureRate>
                            </CounterpartyToFundExposure>
                            <CounterpartyToFundExposure>
                                <Ranking>2</Ranking>
                                <CounterpartyExposureFlag>true</CounterpartyExposureFlag>
                                <CounterpartyIdentification>
                                    <EntityName>Entity 6</EntityName>
                                    <EntityIdentificationBIC>TESTFRPPXXX</EntityIdentificationBIC>
                                </CounterpartyIdentification>
                                <CounterpartyTotalExposureRate>1</CounterpartyTotalExposureRate>
                            </CounterpartyToFundExposure>
                            <CounterpartyToFundExposure>
                                <Ranking>3</Ranking>
                                <CounterpartyExposureFlag>false</CounterpartyExposureFlag>
                            </CounterpartyToFundExposure>
                            <CounterpartyToFundExposure>
                                <Ranking>4</Ranking>
                                <CounterpartyExposureFlag>false</CounterpartyExposureFlag>
                            </CounterpartyToFundExposure>
                            <CounterpartyToFundExposure>
                                <Ranking>5</Ranking>
                                <CounterpartyExposureFlag>false</CounterpartyExposureFlag>
                            </CounterpartyToFundExposure>
                        </CounterpartyToFundExposures>
                        <ClearTransactionsThroughCCPFlag>true</ClearTransactionsThroughCCPFlag>
                        <CCPExposures>
                            <CCPExposure>
                                <Ranking>1</Ranking>
                                <CCPIdentification>
                                    <EntityName>Entity 1</EntityName>
                                    <EntityIdentificationBIC>TESTUS3NXXX</EntityIdentificationBIC>
                                </CCPIdentification>
                                <CCPExposureValue>4500000</CCPExposureValue>
                            </CCPExposure>
                            <CCPExposure>
                                <Ranking>2</Ranking>
                                <CCPIdentification>
                                    <EntityName>Entity 4</EntityName>
                                    <EntityIdentificationBIC>TESTNL22XXX</EntityIdentificationBIC>
                                </CCPIdentification>
                                <CCPExposureValue>3400000</CCPExposureValue>
                            </CCPExposure>
                            <CCPExposure>
                                <Ranking>3</Ranking>
                                <CCPIdentification>
                                    <EntityName>Entity 5</EntityName>
                                    <EntityIdentificationBIC>TESTFRPPXXX</EntityIdentificationBIC>
                                </CCPIdentification>
                                <CCPExposureValue>3000000</CCPExposureValue>
                            </CCPExposure>
                        </CCPExposures>
                    </CounterpartyRiskProfile>
                    <LiquidityRiskProfile>
                        <PortfolioLiquidityProfile>
                            <PortfolioLiquidityInDays0to1Rate>10</PortfolioLiquidityInDays0to1Rate>
                            <PortfolioLiquidityInDays2to7Rate>10</PortfolioLiquidityInDays2to7Rate>
                            <PortfolioLiquidityInDays8to30Rate>10</PortfolioLiquidityInDays8to30Rate>
                            <PortfolioLiquidityInDays31to90Rate>10</PortfolioLiquidityInDays31to90Rate>
                            <PortfolioLiquidityInDays91to180Rate>20</PortfolioLiquidityInDays91to180Rate>
                            <PortfolioLiquidityInDays181to365Rate>30</PortfolioLiquidityInDays181to365Rate>
                            <PortfolioLiquidityInDays365MoreRate>10</PortfolioLiquidityInDays365MoreRate>
                            <UnencumberedCash>12345</UnencumberedCash>
                        </PortfolioLiquidityProfile>
                        <InvestorLiquidityProfile>
                            <InvestorLiquidityInDays0to1Rate>20</InvestorLiquidityInDays0to1Rate>
                            <InvestorLiquidityInDays2to7Rate>30</InvestorLiquidityInDays2to7Rate>
                            <InvestorLiquidityInDays8to30Rate>10</InvestorLiquidityInDays8to30Rate>
                            <InvestorLiquidityInDays31to90Rate>0</InvestorLiquidityInDays31to90Rate>
                            <InvestorLiquidityInDays91to180Rate>20</InvestorLiquidityInDays91to180Rate>
                            <InvestorLiquidityInDays181to365Rate>10</InvestorLiquidityInDays181to365Rate>
                            <InvestorLiquidityInDays365MoreRate>10</InvestorLiquidityInDays365MoreRate>
                        </InvestorLiquidityProfile>
                        <InvestorRedemption>
                            <ProvideWithdrawalRightsFlag>true</ProvideWithdrawalRightsFlag>
                            <InvestorRedemptionFrequency>D</InvestorRedemptionFrequency>
                            <InvestorRedemptionNoticePeriod>4</InvestorRedemptionNoticePeriod>
                            <InvestorRedemptionLockUpPeriod>6</InvestorRedemptionLockUpPeriod>
                        </InvestorRedemption>
                        <InvestorArrangement>
                            <InvestorIlliquidAssetArrangement>
                                <SidePocketRate>43</SidePocketRate>
                                <GatesRate>43</GatesRate>
                                <DealingSuspensionRate>43</DealingSuspensionRate>
                                <TotalArrangementRate>43</TotalArrangementRate>
                            </InvestorIlliquidAssetArrangement>
                            <InvestorPreferentialTreatment>
                                <InvestorPreferentialTreatmentFlag>true</InvestorPreferentialTreatmentFlag>
                                <DisclosureTermsPreferentialTreatmentFlag>true</DisclosureTermsPreferentialTreatmentFlag>
                                <LiquidityTermsPreferentialTreatmentFlag>true</LiquidityTermsPreferentialTreatmentFlag>
                                <FeeTermsPreferentialTreatmentFlag>true</FeeTermsPreferentialTreatmentFlag>
                                <OtherTermsPreferentialTreatmentFlag>true</OtherTermsPreferentialTreatmentFlag>
                            </InvestorPreferentialTreatment>
                        </InvestorArrangement>
                        <InvestorGroups>
                            <InvestorGroup>
                                <InvestorGroupType>BANK</InvestorGroupType>
                                <InvestorGroupRate>42</InvestorGroupRate>
                            </InvestorGroup>
                            <InvestorGroup>
                                <InvestorGroupType>GENG</InvestorGroupType>
                                <InvestorGroupRate>30</InvestorGroupRate>
                            </InvestorGroup>
                            <InvestorGroup>
                                <InvestorGroupType>INSC</InvestorGroupType>
                                <InvestorGroupRate>1</InvestorGroupRate>
                            </InvestorGroup>
                        </InvestorGroups>
                        <FinancingLiquidityProfile>
                            <TotalFinancingAmount>12345</TotalFinancingAmount>
                            <TotalFinancingInDays0to1Rate>0</TotalFinancingInDays0to1Rate>
                            <TotalFinancingInDays2to7Rate>0</TotalFinancingInDays2to7Rate>
                            <TotalFinancingInDays8to30Rate>30</TotalFinancingInDays8to30Rate>
                            <TotalFinancingInDays31to90Rate>40</TotalFinancingInDays31to90Rate>
                            <TotalFinancingInDays91to180Rate>0</TotalFinancingInDays91to180Rate>
                            <TotalFinancingInDays181to365Rate>20</TotalFinancingInDays181to365Rate>
                            <TotalFinancingInDays365MoreRate>10</TotalFinancingInDays365MoreRate>
                        </FinancingLiquidityProfile>
                    </LiquidityRiskProfile>
                    <OperationalRisk>
                        <TotalOpenPositions>5858</TotalOpenPositions>
                        <HistoricalRiskProfile>
                            <GrossInvestmentReturnsRate>
                                <RateOctober>0.3</RateOctober>
                                <RateNovember>0.3</RateNovember>
                                <RateDecember>0.3</RateDecember>
                            </GrossInvestmentReturnsRate>
                            <NetInvestmentReturnsRate>
                                <RateOctober>10</RateOctober>
                                <RateNovember>2.3</RateNovember>
                                <RateDecember>25.3</RateDecember>
                            </NetInvestmentReturnsRate>
                            <NAVChangeRate>
                                <RateOctober>0.3</RateOctober>
                                <RateNovember>0.3</RateNovember>
                                <RateDecember>0.3</RateDecember>
                            </NAVChangeRate>
                            <Subscription>
                                <QuantityOctober>250000</QuantityOctober>
                                <QuantityNovember>250000</QuantityNovember>
                                <QuantityDecember>250000</QuantityDecember>
                            </Subscription>
                            <Redemption>
                                <QuantityOctober>250000</QuantityOctober>
                                <QuantityNovember>250000</QuantityNovember>
                                <QuantityDecember>250000</QuantityDecember>
                            </Redemption>
                        </HistoricalRiskProfile>
                    </OperationalRisk>
                </RiskProfile>
                <StressTests>
                    <StressTestsResultArticle15>Free text</StressTestsResultArticle15>
                    <StressTestsResultArticle16>Free text</StressTestsResultArticle16>
                </StressTests>
            </AIFIndividualInfo>
            <AIFLeverageInfo>
                <AIFLeverageArticle24-2>
                    <AllCounterpartyCollateralRehypothecationFlag>true</AllCounterpartyCollateralRehypothecationFlag>
                    <AllCounterpartyCollateralRehypothecatedRate>12.34</AllCounterpartyCollateralRehypothecatedRate>
                    <SecuritiesCashBorrowing>
                        <UnsecuredBorrowingAmount>1000</UnsecuredBorrowingAmount>
                        <SecuredBorrowingPrimeBrokerageAmount>1000</SecuredBorrowingPrimeBrokerageAmount>
                        <SecuredBorrowingReverseRepoAmount>12345</SecuredBorrowingReverseRepoAmount>
                        <SecuredBorrowingOtherAmount>0</SecuredBorrowingOtherAmount>
                    </SecuritiesCashBorrowing>
                    <FinancialInstrumentBorrowing>
                        <ExchangedTradedDerivativesExposureValue>12345</ExchangedTradedDerivativesExposureValue>
                        <OTCDerivativesAmount>12345</OTCDerivativesAmount>
                    </FinancialInstrumentBorrowing>
                    <ShortPositionBorrowedSecuritiesValue>907485</ShortPositionBorrowedSecuritiesValue>
                    <ControlledStructures>
                        <ControlledStructure>
                            <ControlledStructureIdentification>
                                <EntityName>Company X</EntityName>
                                <EntityIdentificationLEI>ZNHTL6O2WODTKMPF1Z48</EntityIdentificationLEI>
                            </ControlledStructureIdentification>
                            <ControlledStructureExposureValue>11000000</ControlledStructureExposureValue>
                        </ControlledStructure>
                        <ControlledStructure>
                            <ControlledStructureIdentification>
                                <EntityName>Company Y</EntityName>
                                <EntityIdentificationBIC>VALIDBICXXX</EntityIdentificationBIC>
                            </ControlledStructureIdentification>
                            <ControlledStructureExposureValue>6000000</ControlledStructureExposureValue>
                        </ControlledStructure>
                        <ControlledStructure>
                            <ControlledStructureIdentification>
                                <EntityName>Company Z</EntityName>
                            </ControlledStructureIdentification>
                            <ControlledStructureExposureValue>4000000</ControlledStructureExposureValue>
                        </ControlledStructure>
                    </ControlledStructures>
                    <LeverageAIF>
                        <GrossMethodRate>907485</GrossMethodRate>
                        <CommitmentMethodRate>907485</CommitmentMethodRate>
                    </LeverageAIF>
                </AIFLeverageArticle24-2>
                <AIFLeverageArticle24-4>
                    <BorrowingSource>
                        <Ranking>1</Ranking>
                        <BorrowingSourceFlag>true</BorrowingSourceFlag>
                        <SourceIdentification>
                            <EntityName>Company A</EntityName>
                            <EntityIdentificationBIC>VALIDBICXXX</EntityIdentificationBIC>
                        </SourceIdentification>
                        <LeverageAmount>4300000</LeverageAmount>
                    </BorrowingSource>
                    <BorrowingSource>
                        <Ranking>2</Ranking>
                        <BorrowingSourceFlag>true</BorrowingSourceFlag>
                        <SourceIdentification>
                            <EntityName>Company B</EntityName>
                            <EntityIdentificationLEI>ZNHTL6O2WODTKMPF1Z48</EntityIdentificationLEI>
                        </SourceIdentification>
                        <LeverageAmount>3300000</LeverageAmount>
                    </BorrowingSource>
                    <BorrowingSource>
                        <Ranking>3</Ranking>
                        <BorrowingSourceFlag>true</BorrowingSourceFlag>
                        <SourceIdentification>
                            <EntityName>Company C</EntityName>
                            <EntityIdentificationLEI>549300W2Q8V34SY8MT83</EntityIdentificationLEI>
                        </SourceIdentification>
                        <LeverageAmount>1230000</LeverageAmount>
                    </BorrowingSource>
                    <BorrowingSource>
                        <Ranking>4</Ranking>
                        <BorrowingSourceFlag>true</BorrowingSourceFlag>
                        <SourceIdentification>
                            <EntityName>Company D</EntityName>
                            <EntityIdentificationLEI>VTOUP9FCHUXIINML4787</EntityIdentificationLEI>
                        </SourceIdentification>
                        <LeverageAmount>850000</LeverageAmount>
                    </BorrowingSource>
                    <BorrowingSource>
                        <Ranking>5</Ranking>
                        <BorrowingSourceFlag>false</BorrowingSourceFlag>
                    </BorrowingSource>
                </AIFLeverageArticle24-4>
            </AIFLeverageInfo>
        </AIFCompleteDescription>
    </AIFRecordInfo>
</AIFReportingInfo>
