Fund Description: NuShares Short-Term REIT ETF is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the NuShares ETF Trust, an open-end investment management company. INVESTMENT OBJECTIVE: The NuShares Short-Term REIT ETF seeks to provide investment returns that closely correspond to the price and yield performance of the Dow Jones U.S. Select Short-Term REIT Index. INDEX DESCRIPTION: The Dow Jones U.S. Select Short-Term REIT Index is a subset of the Dow Jones U.S. Select REIT Index (the Base Index), which generally includes equity REITs traded on a national securities exchange in the United States that derive at least 75% of their total revenue from the ownership and operation of real estate assets and that have a minimum total market capitalization of $200 million at the time of their inclusion. The Index selects REITs from the Base Index that are classified as concentrating their holdings in apartment buildings, hotels, self-storage facilities or manufactured home properties, as REITs investing in these sectors typically have shorter lease durations than REITs investing in other sectors. Index holdings are weighted by float-adjusted market capitalization, provided that no single REIT can comprise more than 5% of the Index as of any rebalance date. The Index is rebalanced quarterly. FUND STRATEGY: The Fund seeks to track the investment results of the Index, which is comprised of real estate investment trusts (REITs). REITs are publicly traded corporations or trusts that invest in residential or commercial real estate. The Fund attempts to replicate the Index by investing all, or substantially all, of its assets in the REITs that make up the Index, holding each REIT in approximately the same proportion as its weighting in the Index. The Fund rebalances its holdings quarterly in response to the quarterly Index rebalances. The Fund may sell REITs that are represented in the Index in anticipation of their removal from the Index, or buy REITs that are not yet represented in the index in anticipation of their addition to the Index. Under normal market conditions, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in REITs. FUND MANAGEMENT: Nuveen Fund Advisors, LLC serves as the Investment Adviser to the Fund. Teachers Advisors, LLC. serves as the Sub-Adviser to the Fund.