Basic Fund Data
Fund Provider:	Elements
Asset Class:	Commodity
Fund Category:	Strategy ETF
Ticker:	LSC
Expense Ratio:	0.75%
Fund Category Expense Ratio Average:	0.77%
Options:	No
Fund Inception Date:	06-10-2008
Fund Structure:	Exchange-Traded Note
Fund Weighting Restrictions:	Not Applicable
Fund Tracking Method:	Full Replication
Dividend Payment Frequency:
Basic Index Data
Index Name:	S&P Commodity Trends Indicator - Total Return
Index Provider:	Standard & Poor's
No of Index Holdings:	Under 100
Explanation of Index Strategy
Security Selection Category:	Screened
Security Selection Method:	Futures Contracts
Security Selection Frequency:	Monthly
Index Weighting Category:	Fixed Weight
Index Weighting Method:	Modified
Index Weighting Frequency:	Monthly

Market Price Return
1-Year:	-13.37%
3-Year annualized:
5-Year annualized:
10-Year annualized:
Annual Performance History
2009:	-10.94
2008:
2007:
2006:
2005:
2004:
2003:
2002:
2001:
2000:
Data as of 10/31/09

Fundamentals
Assets MM:	$80.5
P/E Ratio:
P/B Ratio:
Median Market Cap:
12-month yield:	0%
Data as of 10/31/09

Risk / 3-Year Average
Alpha:	-0.69
Beta:	-0.64
Standard Deviation:	7.56
Sharpe Ratio:
Data as of 10/31/09

Index Snapshot:

The ELEMENTS S&P Commodity Trends Indicator - Total Return ETN (Ticker: LSC) is linked to the S&P Commodity Trends Indicator – Total Return (S&P CTI) which is intended to provide investors with access to a long/short approach to the commodities futures market. It applies a long/short strategy to six commodity sectors comprising sixteen traditional, physical commodity futures contracts. The six sectors are: Energy, Grains, Precious Metals, Industrial Metals, Livestock & Softs. Long/Short position determination: Each sector within the S&P CTI (with the exemption of softs) is set long or short (or for energy flat) on a monthly basis based on price movements over the prior seven months. Long position determination: Long positions are tracked when a sector’s current price input is equal to or greater than an exponential average of the past seven monthly price inputs. Short position determination: Short positions are tracked when a sector’s current price input is less than an exponential average of the past seven monthly price inputs. A flat position is established for the energy sector when a short position is indicated.