Shareholders’
Letter
........................................................................................
2
Expense
Example
...........................................................................................
3
Investment
Overview
........................................................................................
4
Portfolio
of
Investments
.....................................................................................
6
Statement
of
Assets
and
Liabilities
..........................................................................
11
Statement
of
Operations
....................................................................................
12
Statement
of
Changes
in
Net
Assets
........................................................................
13
Financial
Highlights
.........................................................................................
14
Notes
to
Financial
Statements
...............................................................................
15
Report
of
Independent
Registered
Public
Accounting
Firm
....................................................
22
Important
Notices
..........................................................................................
23
U.S.
Customer
Privacy
Notice
...............................................................................
24
Trustees
and
Officers
Information
...........................................................................
27