The investment seeks to provide exposure, on a total return basis, to a diversified group of commodities.
The fund seeks to achieve its investment objective by investing in exchange-traded futures contracts on the Bloomberg Roll Select Commodity Index (the "index futures"). It is expected to roll out of existing positions in Index Futures and establish new positions in Index Futures on an ongoing basis. The fund will invest in financial instruments providing exposure to commodities and not in the physical commodities themselves. It is non-diversified.
Exchange Traded Fund
ETF
Futures Markets
Commodity
Commodity Price Index