The iPath Series B Bloomberg Sugar Subindex Total Return ETN (SGG) is a mutual fund that tracks the performance of the Bloomberg Sugar Subindex Total Return, providing investors with exposure to the sugar market. This fund is designed to provide a total return, including both price appreciation and yield, through investments in sugar futures contracts. It is an exchange-traded note (ETN), which means it is a debt instrument issued by a financial institution and traded on an exchange. SGG offers investors a convenient way to gain exposure to the sugar market without directly investing in futures contracts.