ETFS WTI 2yr (OSW2) is designed to enable investors to gain a total return exposure to movements in the price of ICE 2 year WTI crude oil futures contracts plus a collateral yield. The exposure is obtained through fully funded uncollateralised swaps with Shell Trading Switzerland AG, a member of the Royal Dutch Shell Group. OSW2 is an exchange traded commodity (“ETC”). Its securities can be created and redeemed on demand by authorised participants and traded on exchange just like shares in a company.