Credit Suisse Gold Shares Covered Call ETN (GLDI)

Fund Description

The investment seeks to replicate, net of expenses, the Credit Suisse NASDAQ Gold FLOWSTM 103 Index. The Index measures the return of a “covered call” strategy on the shares of the SPDR® Gold Trust (the “GLD Shares”) by reflecting changes in the price of the GLD Shares and the notional option premiums received from the sale of monthly call options on the GLD Shares less notional trading costs incurred in connection with the covered call strategy.