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Global Commodity-Linked ETFs

Note: Exchange traded funds track a commodity index as opposed to a portfolio of stocks. Most offer unleveraged exposure to the underlying commodity index, and their performance, less expenses, closely tracks a given index. Exchange traded funds can be bought and sold like a stock and can be held in ordinary brokerage accounts. Generally, they can be sold short and are margin eligible. Listed ETFs with market capitalizations of less than U.S. $25 million (based on 12/18/2009 closing prices) are not included in this appendix.

DIVERSIFIED COMMODITY ETFs

iPath Dow Jones-UBS Commodity Index Total Return ETN
Description: The iPath Dow Jones-UBS Commodity Index Total Return is an exchange traded note (ETN) linked to the DowJones-UBS Commodity Index. It is designed to reflect the return profile of an unleveraged investment in futures contracts on physical commodities. The sector weightings on November 30, 2009 were as follows: 32.44% in energy, 25.59% in agriculture, 25.14% in industrial metals, 11.78% in precious metals, and 5.05% in livestock. The index is rebalanced annually, but the actual weightings fluctuate due to changes in market price.
Stock Exchange: New York Stock Exchange (NYSE)-Arca
Ticker Symbol: DJP
Issuer: Barclays Bank PLC
Market Capitalization: $2.064 billion
   

iPath S&P GSCI Total Return ETN

Description: The iPath S&P GSCI Total Return Index is an ETN linked to the S&P GSCI Index that is designed to reflect the return profile of an unleveraged investment in futures contracts on physical commodities. The sector weightings on November 30, 2009 were as follows: 69.89% in energy, 14.65% in agriculture, 7.81% in industrial metals, 4.22% in livestock, and 3.43% in precious metals.
Stock Exchange: New York Stock Exchange (NYSE)-Arca
Ticker Symbol: GSP
Issuer: Barclays Bank PLC
Market Capitalization: $88.7 million
   

iShares S&P GSCI Commodity-Indexed Trust

Description: The iShares S&P GSCI Commodity-Indexed Trust is an exchange traded fund (ETF) incorporated in the U.S. Its objective is to mimic the performance of the S&P GSCI Total Return Index. The sector weightings on November 30, 2009 were as follows: 69.89% in energy, 14.65% in agriculture, 7.81% in industrial metals, 4.22% in livestock, and 3.43% in precious metals.
Stock Exchange: New York Stock Exchange (NYSE)-Arca
Ticker Symbol: GSG
Issuer: BlackRock, Inc.
Market Capitalization: $1.69 billion
   

Lyxor ETF Commodities CRB

Description: The Lyxor ETF Commodities CRB is a broadly diversified exchange traded fund designed to mimic the return profile of the Reuters/Jefferies CRB Total Return Index. The sector weightings on February 29, 2008 were as follows: 41.0% in soft commodities, 39.0% in energy, 13.0% in basic materials, and 7% in precious metals.
Stock Exchange: London Stock Exchange (LSE)
Ticker Symbol: CRB FP
Issuer: Lyxor Asset Management is a wholly owned subsidiary of Société Generale
Market Capitalization: $845 million
   
ELEMENTS Linked to the Rogers International Commodity Index Total Return
Description: ELEMENTS Linked to the Rogers International Commodities Index Total Return seeks to mimic the return profile of the underlying index. The sector weightings on September 30, 2009 were as follows: 44.0% in energy, 34.9% in agriculture, 14.0% in industrial metals, and 7.1% in precious metals.
Stock Exchange: New York Stock Exchange (NYSE)-Arca
Ticker Symbol: RJI
Issuer: Swedish Export Credit Corp.
Market Capitalization: $426 million
   

AGRICULTURE

ETFS Coffee  
Description: ETFS Coffee (COFF) is an open-ended exchange traded commodity (ETC) designed to track the Dow Jones-UBS Coffee Sub-Index. The index is priced off the New York Board of Trade (NYBOT) Coffee Futures Contract. COFF is backed by matching commodity contracts purchased from UBS AG on an unlevered basis.
Stock Exchange: London Stock Exchange (LSE)
Ticker Symbol: COFF
Issuer: ETF Commodity Securities Ltd.
Market Capitalization: Just slightly below $25 million (approximately $22.6 million)
   
ETFS Corn  
Description: ETFS Corn (CORN) is an open-ended ETC designed to track the Dow Jones-UBS Corn Sub-Index. The index is priced off the Chicago Board of Trade (CBOT) Corn Futures Contract. CORN is backed by matching commodity contracts purchased from UBS AG on an unlevered basis.
Stock Exchange: London Stock Exchange (LSE)
Ticker Symbol: CORN
Issuer: ETF Commodity Securities Ltd.
Market Capitalization: $88 million
   
ETFS Cotton  
Description: ETFS Cotton (COTN) is an open-ended ETC designed to track the Dow Jones-UBS Cotton Sub-Index. The index is priced off the New York Board of Trade (NYBOT) Cotton futures contract. COTN is backed by matching commodity contracts purchased from UBS AG on an unlevered basis.
Stock Exchange: London Stock Exchange (LSE)
Ticker Symbol: COTN
Issuer: ETF Commodity Securities Ltd.
Market Capitalization: $36.2 million
   
ETFS Lean Hogs  
Description: ETFS Lean Hogs (HOGS) is an open-ended ETC designed to track the Dow Jones-UBS Lean Hogs Sub-Index. The index is priced off the Chicago Mercantile Exchange (CME) Lean Hogs Futures Contract. HOGS is backed by matching commodity contracts purchased from UBS AG on an unlevered basis.
Stock Exchange: London Stock Exchange (LSE)
Ticker Symbol: HOGS
Issuer: ETF Commodity Securities Ltd.
Market Capitalization: $26.1 million
   
ETFS Soybeans  
Description: ETFS Soybeans (SOYB) is an open-ended ETC designed to track the Dow Jones-UBS Soybeans Sub-Index. The index is priced off the Chicago Board of Trade (CBOT) Soybeans Futures Contract. SOYB is backed by matching commodity contracts purchased from UBS AG on an unlevered basis.
Stock Exchange: London Stock Exchange (LSE)
Ticker Symbol: SOYB
Issuer: ETF Commodity Securities Ltd.
Market Capitalization: $25.6 million
   
ETFS Sugar  
Description: ETFS Sugar (SUGA) is an open-ended ETC designed to track the Dow Jones-UBS Sugar Sub-Index. The index is priced off the New York Board of Trade (NYBOT) Sugar Futures Contract. SUGA is backed by matching commodity contracts purchased from UBS AG on an unlevered basis.
Stock Exchange: London Stock Exchange (LSE)
Ticker Symbol: SUGA
Issuer: ETF Commodity Securities Ltd.
Market Capitalization: $50 million
   
ETFS Wheat  
Description: ETFS Wheat (WEAT) is an open-ended ETC designed to track the Dow Jones-UBS Wheat Sub-Index. The index is priced off the Chicago Board of Trade (CBOT) Wheat Futures Contract. WEAT is backed by matching commodity contracts purchased from UBS AG on an unlevered basis.
Stock Exchange: London Stock Exchange (LSE)
Ticker Symbol: WEAT
Issuer: ETF Commodity Securities Ltd.
Market Capitalization: $113 million
   

iPath Dow Jones-UBS Sugar Subindex Total Return ETN

Description: The iPath Dow Jones-UBS Sugar Subindex Total Return is an ETN linked to the Dow Jones-UBS Sugar sub-index Total Return Index. The note is designed to reflect the return profile of an unleveraged investment in sugar futures.
Stock Exchange: New York Stock Exchange (NYSE)-Arca
Ticker Symbol: SGG
Issuer: Barclays Bank PLC
Market Capitalization: $31.5 million
   

ENERGY

Claymore Natural Gas Commodity ETF

Description: The Claymore Natural Gas Commodity ETF is designed to provide non-leveraged exposure to the Alberta (AECO) natural gas market by investing in natural gas forward contracts. The ETF mimics the return characteristics of the NGX Canadian Natural Gas Index. The NGX replicates the exposure to the monthly contract (one-month spot price) for physical natural gas delivery on the TransCanada Mainline (AECO/NIT) in Alberta . AECO is the most liquid physical natural gas delivery point in Canada .
Stock Exchange: Toronto Stock Exchange (TSX)
Ticker Symbol: GAS
Issuer: Claymore Investments, Inc.
Market Capitalization: $307.5 million
   
ETFS Crude Oil  
Description: ETFS Crude Oil (CRUD) is an open-ended ETC designed to track the Dow Jones-UBS Crude Oil Total Return Index. The index is priced off the NYMEX Crude Oil Futures Contract and is backed by matching commodity contracts purchased from UBS AG on a fully collateralized basis.
Stock Exchange: London Stock Exchange (LSE)
Ticker Symbol: CRUD
Issuer: ETF Commodity Securities Ltd.
Market Capitalization: $439.6 million
   
ETFS Natural Gas  
Description: ETFS Natural Gas (NGAS) is an open-ended ETC incorporated in Jersey and designed to track the Dow Jones-UBS Natural Gas Total Return Index. The index is priced off the NYMEX Natural Gas Futures Contract and is backed by matching commodity contracts purchased from UBS AG on an unlevered basis.
Stock Exchange: London Stock Exchange (LSE)
Ticker Symbol: NGAS
Issuer: ETF Commodity Securities Ltd.
Market Capitalization: $964.9 million
   

United States Gasoline Fund, LP

Description: United States Gasoline Fund, LP is an ETF incorporated in the U.S. and designed to track the price movements of unleaded gasoline delivered to the New York Harbor . The fund attempts to track the performance of the NYMEX near-month unleaded gasoline futures contracts by buying listed gasoline futures contracts as well as other gasoline related futures, forwards, and swap contracts. The fund does not seek to use any leverage (it is fully collateralized) and targets a 1:1 relationship between assets and gasoline exposure.
Stock Exchange: New York Stock Exchange (NYSE)-Arca
Ticker Symbol: UGA
Issuer: United States Commodity Funds LLC
Market Capitalization: $66.5 million
   
United States Natural Gas Fund, LP
Description: United States Natural Gas Fund, LP is an ETF incorporated in the U.S. and designed to track the price movements of natural gas delivered to the Henry Hub in Louisiana . The fund attempts to track the performance of the NYMEX near-month natural gas futures contract by buying listed natural gas futures contracts as well as other natural gas related futures, forwards, and swap contracts. The fund does not seek to use any leverage (it is fully collateralized) and targets a 1:1 relationship between assets and natural gas exposure.
Stock Exchange: New York Stock Exchange (NYSE)-Arca
Ticker Symbol: UNG
Issuer: United States Commodity Funds LLC
Market Capitalization: $4.5 billion
   
United States Oil Fund, LP  
Description: United States Oil Fund, LP is an ETF designed to track movements of light, sweet crude oil delivered to Cushing , Oklahoma . The fund attempts to track the performance of the NYMEX West Texas Intermediate (WTI) near-month crude oil futures contract by buying listed oil futures contracts as well as other oil related futures, forwards, and swap contracts. The fund does not seek to use any leverage (it is fully collateralized) and targets a 1:1 relationship between assets and crude oil exposure.
Stock Exchange: New York Stock Exchange (NYSE)-Arca
Ticker Symbol: USO
Issuer: United States Commodity Funds LLC
Market Capitalization: $2.55 billion
   

INDUSTRIAL METALS

ETFS Aluminum  
Description: ETFS Aluminum (ALUM) is an open-ended ETC incorporated in Jersey and designed to track the Dow Jones-UBS Aluminum Sub-Index. The index mimics the return profile of the Aluminum Futures Contract traded on the London Metals Exchange (LME). ALUM is backed by matching commodity contracts purchased from UBS AG on an unlevered basis.
Stock Exchange: London Stock Exchange (LSE)
Ticker Symbol: ALUM
Issuer: ETF Commodity Securities Ltd.
Market Capitalization: $40.2 million
   
ETFS Copper  
Description: ETFS Copper (COPA) is an open-ended ETC incorporated in Jersey that is designed to track the Dow Jones-UBS Copper Sub-Index. The index mimics the return profile of the Copper High Grade Futures contract traded on the Commodity Exchange Inc. (COMEX), a division of the New York Mercantile Exchange (NYMEX). COPA is backed by matching commodity contracts purchased from UBS AG on an unlevered basis.
Stock Exchange: London Stock Exchange (LSE)
Ticker Symbol: COPA
Issuer: ETF Commodity Securities Ltd.
Market Capitalization: $78.7 million
   
ETFS Nickel  
Description: ETFS Nickel (NICK) is an open-ended ETC incorporated in Jersey and designed to track the Dow Jones-UBS Nickel Sub-Index. The index is priced off the London Metals Exchange (LME) Nickel Futures Contract. NICK is backed by matching commodity contracts purchased from UBS AG on an unlevered basis.
Stock Exchange: London Stock Exchange (LSE)
Ticker Symbol: NICK
Issuer: ETF Commodity Securities Ltd.
Market Capitalization: $56.7 million
   
iPath Dow Jones-UBS Copper Subindex Total Return ETN
Description: The iPath Dow Jones-UBS Copper Subindex Total Return is an ETN linked to the Dow Jones-UBS Copper Sub-Index. The note is designed to reflect the return profile of an unleveraged investment in copper futures. The index and the note mimic the return profile of the Copper High Grade Futures contract traded on the Commodity Exchange Inc. (COMEX), a division of the New York Mercantile Exchange (NYMEX).
Stock Exchange: New York Stock Exchange (NYSE)-Arca
Ticker Symbol: JJC
Issuer: Barclays Bank PLC
Market Capitalization: $160.1 million
   

PRECIOUS METALS

Claymore Gold Bullion Trust  
Description: The Claymore Gold Bullion Trust is designed to provide non-leveraged exposure to gold bullion, less the Fund's expenses and fees. The Fund invests in holdings of pure gold bullion in 400 troy ounce international bar sizes and does not speculate on the short-term direction of gold prices. The U.S. dollar exposure is hedged and the bullion is physically stored in the treasury vault facilities of ScotiaMocatta, a division of the Bank of Nova Scotia and one of the world's largest gold custodians.
Stock Exchange: Toronto Stock Exchange (TSX)
Ticker Symbol: CGL.UN
Issuer: Claymore Investments, Inc.
Market Capitalization: $779.2 million
   
ETFS Physical Palladium  
Description: ETFS Physical Palladium (PHPD) is an open-ended transferable security that trades on an exchange and operates similarly to an exchange traded fund. PHPD is designed to provide investors with a return equivalent to movements in the spot price of palladium, less fees. The pricing of an individual share is approximately one-tenth of the of the spot price of palladium. PHPD is backed by physical platinum held by the custodian (HSBC Bank USA N.A.) and the metal held must conform to the London Platinum Palladium Market's (LPPM) rules for good delivery.
Stock Exchange: London Stock Exchange (LSE)
Ticker Symbol: PHPD
Issuer: ETF Commodity Securities Ltd.
Market Capitalization: $226.6 million
   
ETFS Physical Platinum  
Description: ETFS Physical Platinum (PHPT) is an open-ended transferable security that trades on an exchange and operates similarly to an exchange traded fund. PHPT is designed to provide investors with a return equivalent to movements in the spot price of platinum, less fees. The pricing of an individual share is approximately one-tenth of the U.S. dollar per ounce of the platinum spot price. PHPT is backed by physical platinum held by the custodian (HSBC Bank USA N.A.) and the metal held must conform to the LPPM's rules for good delivery.
Stock Exchange: London Stock Exchange (LSE)
Ticker Symbol: PHPT
Issuer: ETF Commodity Securities Ltd.
Market Capitalization: $586.9 million
   
ETFS Silver  
Description: ETFS Silver (SLVR) is an open-ended ETC incorporated in Jersey and designed to track the Dow Jones-UBS Silver Sub-Index. The index is priced off the Silver Futures Contract traded on the Commodity Exchange Inc. (COMEX), a division of the New York Mercantile Exchange (NYMEX). SLVR is backed by matching commodity contracts purchased from UBS AG on an unlevered basis.
Stock Exchange: London Stock Exchange (LSE)
Ticker Symbol: SLVR
Issuer: ETF Commodity Securities Ltd.
Market Capitalization: $56.7 million
   

iPath Dow Jones-UBS Platinum Subindex Total Return ETN

Description: The iPath Dow Jones-UBS Platinum Subindex Total Return is an ETN linked to the Dow Jones-UBS Platinum Sub-Index. The note is designed to reflect the return profile of an unleveraged investment in platinum futures. The index mimics the return profile of the Platinum Futures Contract traded on the New York Mercantile Exchange (NYMEX).
Stock Exchange: New York Stock Exchange (NYSE)-Arca
Ticker Symbol: PGM
Issuer: Barclays Bank PLC
Market Capitalization: $124.1 million
   
iShares Silver Trust  
Description: The iShares Silver Trust is the world's largest silver-backed ETF. The assets of the trust consist of silver held by the custodian (JPMorgan Chase Bank, NA, London branch) on behalf of the trust. As of November 30, 2009, the Trust held 9,404.8 tons of silver. The Trust offers unlevered exposure to silver prices, less the trust's expenses and liabilities.
Stock Exchange: New York Stock Exchange (NYSE)-Arca
Ticker Symbol: SLV
Issuer: BlackRock, Inc.
Market Capitalization: $5.28 billion
   
SPDR Gold Trust  
Description: The SPDR Gold Trust is an investment fund incorporated in the U.S. The investment objective of the trust is for the shares to reflect the performance of the price of gold bullion on an unlevered basis, less the Trust's expenses. Shares in the trust represent fractional ownership in the Trust, the sole assets of which are physical gold bullion and cash.
Stock Exchange: New York Stock Exchange (NYSE)-Arca
Ticker Symbol: GLD
Issuer: World Gold Trust Services, LLC
Market Capitalization: $39.94 billion


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