Description

To achieve its investment objective, the fund typically allocates its assets to derivative instruments tied to commodities. These derivatives are underpinned by a combination of inflation-indexed securities and other debt instruments. Such debt instruments encompass bonds, debt obligations, and comparable securities issued by a variety of public and private entities, both within and outside the U.S. The fund also retains the flexibility to invest in commodity index-linked notes, which may or may not utilize leverage.