The fund invests both long and short, in highly liquid U.S. exchange-listed physical commodity futures contracts that are contained in the index or that have characteristics that the Adviser believes make their return performance likely to be highly correlated to futures contracts that are contained in the index. The index is a rules-based, quantitative, long-short commodity futures index comprised of liquid, U.S. exchange-listed physical commodity futures contracts. The fund is non-diversified.