The Fund is a passively managed exchange traded fund that aims to track the performance of the Barclays Backwardation Tilt MultiStrategy Capped Total Return Index (the Index), subject to the deduction of the ongoing charges and other costs associated with operating the Fund. The Index is comprised of all commodities of the Bloomberg Commodity Index and provides a return equivalent to a fully collateralised investment in a diversified portfolio of commodity futures across the following commodity groups: Energy, Precious Metals, Industrial Metals, Livestock and Agriculture.