| Investment Objective: |
The SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Bloomberg Enhanced Roll Yield Total Return Index (the "Index"). The Index is designed to measure the performance of a rules-based, liquid and long-only exposure to the broad commodities market through synthetic positions in futures contracts featuring diversification constraints and tilting toward commodities that may have a downward sloping futures curve and greater liquidity. The Index is calculated on a total return basis, which reflects the returns on a fully collateralized investment in the Index. This combines the returns of the Index with the returns on cash collateral invested in U.S. Treasury Bills. |
