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The investment seeks to track the investment results of the S&P GSCI Dynamic Roll (USD) Total Return Index composed of a broad range of commodity exposures with enhanced roll selection, on a total return basis. The index measures the performance of futures contracts. In seeking to achieve its investment objective, the fund may invest in a combination of exchange-traded commodity futures contracts, exchange-traded options on commodity-related futures contracts and exchange-cleared commodity related swaps (together, “Commodity-Linked Investments”), thereby obtaining exposure to the commodities markets.

The average weekly volume growth across all stocks in the iShares GSCI Cmd Dyn Roll Stgy ETF ETF was 10%. For the same stocks of the ETF, the average monthly volume growth was -17% and the average quarterly volume growth was -16%