Adelante Shares RE Classics Exchange-Traded Fund (the Fund) tracks the performance of the Adelante Shares RE Classics Index (the Index). The Index is an index of United States and foreign securities of publicly-traded commercial real estate companies, consisting primarily of real estate investment trusts (REITs) and real estate operating companies (REOCs). As of January 31, 2008, the Fund's holdings were Liberty Property Trust, CBL & Associates Properties, Inc., Extra Space Storage, Inc., Mack-Cali Realty Corp., Brookfield Properties Corp. (Canada), Vornado Realty Trust, HRPT Properties Trust, Developers Diversified Realty Corp., Public Storage and American Financial Realty Trust.