BLDRS Europe Select ADR Index Fund (Fund), formerly BLDRS Europe 100 ADR Index Fund, is an exchange-traded fund based on the BNY Mellon Europe Select ADR Index (Index). The Fund normally holds at least 95% of its total assets in Depositary Receipts that comprise the Index. The Index is capitalization weighted and designed to track the performance of approximately 100 European market-based depositary receipts. The portfolio is rebalanced and reconstituted quarterly. The Fund invests in sectors, such as consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, telecommunication services and utilities. The sponsor of the BLDRS Index Funds Trust (BLDRS), a unit investment trust, is Invesco PowerShares Capital Management LLC.