EEB

Guggenheim BRIC ETF

The Guggenheim/BNY Mellon BRIC ETF (NYSE:EEB), the “Fund”, seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an equity index called The Bank of New York Mellon BRIC Select ADR Index (the “BNY Mellon BRIC Index” or the "Index"). The Fund will normally invest at least 90% of its total assets in American depositary receipts ("ADRs") and global depositary receipts ("GDRs") that comprise the Index. Guggenheim Advisors, LLC (the “Investment Adviser”) seeks a correlation over time of 0.95 or better between the Fund’s performance and the performance of the Index. A figure of 1.00 would represent perfect correlation. The Fund, using a low cost “passive” or “indexing” investment approach, seeks to replicate, before fees and expenses, the performance of the BNY Mellon BRIC Index. The BNY Mellon BRIC Index is comprised of ADRs and GDRs selected, based on liquidity, from a universe of all listed depositary receipts of companies from Brazil, Russia, India and China currently trading on U.S. exchanges. The companies in the universe are selected using a proprietary methodology developed by The Bank of New York Mellon (“BNY” or the “Index Provider”).
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