|iPath Pure Beta Grains ETN|
|The iPath® Pure Beta Grains ETN is designed to provide investors with exposure to the Barclays Commodity Index Grains & Oilseeds Pure Beta Total Return.
The Barclays Commodity Index Grains & Oilseeds Pure Beta Total Return (the "Index") is a sub-Index of the Barclays Commodity Index Pure Beta Total Return and reflects the returns that are potentially available through an unleveraged investment in six futures contracts on grain and oilseed commodities traded on U.S. exchanges. For each commodity, the Index may roll into one of a number of futures contracts with varying expiration dates, as selected using the Barclays Pure Beta Series 2 Methodology.|
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