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Assume a $100 million AUM Macro fund manager enters into the following trades at the beginning and end of the year. Sold short 5,000 Oil

Assume a $100 million AUM Macro fund manager enters into the following trades at the beginning and end of the year. Sold short 5,000 Oil Futures contracts (1,000 barrels per contract) at $120 per barrel, current price is now $125 per barrel. Bought 5,000 SP500 Futures contracts at 4,500 index value, current value is 4600 index points. Each index point is worth $100. What is the trading profit of the fund?

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