Profile: iShares S&P GSCI Commodity-Indexed Trust (GSG)
19 Jul 2019
iShares S&P GSCI Commodity-Indexed Trust (The Trust), incorporated on July 7, 2006, is an investment trust that issues units of beneficial interest (shares) representing fractional undivided beneficial interests in its net assets. The Trust’s objective is to track the results of a fully collateralized investment in futures contracts on an index composed of a diversified group of commodities futures and to track the investment returns of the index before payment of the Trust’s expenses and liabilities. The Trust is a commodity pool. The Trust’s assets consist of long positions in exchange-traded index futures contracts of various expirations, called index futures, on the S&P GSCI Excess Return Index, or the S&P GSCI-ER, together with collateral assets consisting of cash, United States Treasury securities or other short-term securities and similar securities that are eligible as margin deposits for those index future positions.
Its activities include issuing baskets in exchange for index futures and cash or, in the discretion of the sponsor, other collateral assets; consistent with its investment objective, establishing, maintaining and closing out positions in index futures and acquiring, holding and disposing of corresponding collateral assets; paying out of its assets any expenses and liabilities of the Trust not assumed by the sponsor, and delivering proceeds consisting of index futures, cash and other collateral assets in exchange for baskets surrendered for redemption. iShares Delaware Trust Sponsor LLC serves as the sponsor of the Trust. BlackRock Fund Advisors serves as the commodity trading advisor of the Trust.
iShares S&P GSCI Commodity-Indexed Trust
400 HOWARD STREET
SAN FRANCISCO CA 94105