Index description

Universe of Index Components
Only Exchange-Traded-Funds (ETFs).
Index Components and their selection
The selection is static.
Allocation of Index Components
The Index dynamically allocates – using a rule-based methodology (the “Model”) between six exchange-traded funds with regional exposures to North America, Europe and the Pacific and emerging markets in Asia, EMEA and Latin America (each an Equity Instrument), and a money market exchange-traded fund (Cash Instrument) using variance-weighted trend indicators adjusted for regime shifts as further explained herein. The Index aims to provide an improved risk/return profile compared to a passive investment in the Equity Instruments and protect against major drawdowns during severe market crises.