Strategy. The Fund employs a passive management or indexing investment approach designed to track the performance of the Bloomberg IQ Multi-Asset Inflation Index (the Underlying Index), which has been developed by Bloomberg Index Services Limited (the Index Provider). The Underlying Index seeks to provide investors with a hedge against the inflation rate by providing diversified exposure to assets expected to benefit directly or indirectly from increases in the prices of goods and services (e.g., inflation) that have exhibited positive correlation to the Consumer Price Index (CPI) over long-term historical periods. CPI, which is published by the Bureau of Labor Statistics, is a measure of the average change in prices over time of goods and services purchased by households. The Fund principally … Show more… The Fund employs a passive management or indexing investment approach designed to track the performance of the Bloomberg IQ Multi-Asset Inflation Index (the Underlying Index), which has been developed by Bloomberg Index Services Limited (the Index Provider). The Underlying Index seeks to provide investors with a hedge against the inflation rate by providing diversified exposure to assets expected to benefit directly or indirectly from increases in the prices of goods and services (e.g., inflation) that have exhibited positive correlation to the Consumer Price Index (CPI) over long-term historical periods. CPI, which is published by the Bureau of Labor Statistics, is a measure of the average change in prices over time of goods and services purchased by households. The Fund principally invests in securities included in the Underlying Index, which is comprised of U.S. Treasury Inflation-Protected Securities (TIPS) of short-, intermediate-, and long-term, U.S. large capitalization equity securities and commodities, which may include direct exposure to commodities or exposure through ETFs and/or other exchange-traded vehicles or other instruments. The Underlying Index typically consists of 500 to 600 component securities. The Underlying Index construction process is based on the premise that capital market returns tend to be forward looking and anticipate economic developments, including inflation expectations. Since the Underlying Indexs objective is to provide diversified exposure to assets expected to benefit directly or indirectly from inflation, the index construction process rebalances the weights of the Underlying Index components on a monthly basis. Upon rebalancing, the exposures of the Underlying Index consist of: 60% short-, intermediate-, and long-term TIPS with a bias toward shorter duration TIPS, which are weighted based on market value; ? 30% U.S. large-capitalization equity securities, which are weighted based on a modified market capitalization methodology to provide overweight exposure to securities in sectors expected to benefit from inflation; and ? 10% commodities, typically through investments in ETFs and/or other exchange-traded vehicles which are weighted in a fixed allocation. ? To the extent that the Funds Underlying Index concentrates (i.e., holds 25% or more of its total assets) in the securities of a particular industry or group of industries, the Fund will concentrate its investment to approximately the same extent as its Underlying Index. The Fund also may invest in one or more ETFs advised by the Advisor (Affiliated ETFs) that are not components of the index if such an investment will help the Fund track the Underlying Index. Show less