The Credit Suisse Backwardation F3 ex Grains and Livestock ER Index (CSCU012E) is a long-only commodity index based on an algorithm to identify commodities whose curves are in the highest degree of backwardation (or lowest degree of contango).

Index Components are selected from a universe of SPGSCI F0 and F3 single component sub-indices, and rebalanced quarterly to equal weights across top 10 components ranked by the strategy backwardation signal.

The Roll Period of the Index takes place over two Index Business Days, beginning on the 3rd Index Business Day of March, June, September and December.

Please refer to the Risk Factors for additional information on the Index.