HEADLINE INDICES

INDEX Daily MTD YTD 12M INDEX Yield Daily MTD YTD 12M

U.S. Equity U.S. Fixed Income

S&P 500® -0.91% 4.15% 10.59% 50.21% S&P U.S. Aggregate Bond 1.31% 0.07% 1.03% -2.12% 0.59%

S&P MidCap 400® -0.41% 3.53% 17.48% 81.09% S&P U.S. Treasury Current 2-Year 0.15% 0.00% 0.02% -0.04% 0.16%

S&P SmallCap 600® -0.48% 0.53% 18.87% 92.31% S&P U.S. Treasury Current 10-Year 1.56% 0.07% 1.84% -5.25% -7.11%

S&P Composite 1500® -0.87% 4.02% 11.20% 52.76% S&P 500/MarketAxess IG Corp Bond 2.22% 0.18% 1.50% -3.98% 3.45%

S&P Total Market Index (TMI) -0.77% 3.93% 10.63% 56.24% S&P 500 High Yield Corporate Bond 3.07% 0.09% 1.17% 0.46% 15.96%

Dow Jones Industrial Average® -0.92% 2.59% 11.09% 47.13% S&P/LSTA U.S. Leveraged Loan 100 3.73% 0.09% 0.30% 1.33% 11.66%

Daily Leaders & Laggards: S&P 500 Sectors & Factors Global Fixed Income

S&P Global Dev. Sov. Bond (USD) 0.43% 0.03% 1.75% -3.68% 3.92%

S&P U.K. Gilt (GBP) 0.78% 0.26% 1.55% -6.21% -6.58%

S&P/ASX Australian Gov. Bond (AUD) 1.16% 0.19% 0.89% -3.50% -3.20%

S&P Japan Sovereign Bond (JPY) 0.14% -0.04% 0.56% -0.03% -0.70%

S&P Canada Sovereign Bond (CAD) 0.86% -0.03% -0.03% -4.05% -3.34%

S&P Germany Sovereign Bond (EUR) -0.42% 0.02% -0.16% -2.35% -1.49%

Currencies

Dow Jones FXCM Dollar Index 0.23% -1.14% 0.80% -6.36%

GBP/USD (1.3845) -0.60% 0.35% 1.29% 12.32%

EUR/USD (1.2022) -0.05% 2.29% -1.74% 11.04%

USD/JPY (108) -0.15% -2.26% 4.61% 0.19%

USD/CAD (1.2504) -0.15% 0.52% 1.89% 13.19%

AUD/USD (0.7729) -0.27% 1.48% 0.17% 22.44%

Global Equity (USD) Daily MTD YTD 12M Daily Leaders & Laggards: S&P Global BMI (USD)

S&P Global BMI -0.14% 3.70% 9.12% 54.83%

S&P Developed BMI -0.20% 3.93% 9.70% 55.12%

S&P Emerging BMI 0.34% 1.91% 4.75% 52.76%

S&P Frontier BMI -0.83% 4.42% 3.33% 64.01%

S&P Developed Ex-US BMI 0.82% 3.83% 8.02% 53.20%

S&P Global 1200 -0.32% 3.96% 9.46% 50.72%

S&P 500 -0.91% 4.15% 10.59% 50.21%

S&P/TOPIX 150 1.95% 1.29% 2.61% 41.50%

S&P Latin America 40 0.28% 4.36% -1.86% 61.25%

S&P Europe 350® 0.50% 4.91% 9.46% 50.39%

S&P/ASX All Australian 50 1.30% 5.57% 10.19% 66.05%

S&P Asia 50 0.50% 2.25% 6.44% 63.54%

S&P/TSX 60 -0.78% 2.10% 12.60% 52.97%

Global Equity (Local Currency) Daily MTD YTD 12M Environmental, Social & Governance Daily MTD YTD 12M

S&P South Africa Composite (ZAR) -0.59% 4.46% 17.62% 89.84% S&P 500 ESG -0.95% 4.43% 10.84% 50.23%

S&P Korea BMI (KRW) 0.21% 4.05% 9.51% 72.61% S&P 500 Fossil Fuel Free -0.90% 4.33% 10.55% 50.58%

S&P/BMV IPC (MXN) 0.46% 4.01% 11.72% 46.44% Dow Jones Sustainability World 0.06% 4.36% 9.66% 46.09%

S&P/ASX 200 (AUD) 0.83% 3.91% 8.33% 38.89% S&P Green Bond Select -0.01% 1.99% -3.38% 13.05%

S&P/HKEX LargeCap (HKD) 0.76% 3.69% 2.98% 5.43% Dow Jones Global Green Real Estate (RESI) -0.07% 5.36% 11.56% 37.40%

S&P United Kingdom (GBP) 0.62% 3.41% 8.94% 23.15% Commodities and Other Real Assets

S&P Brazil BMI (BRL) -0.55% 2.84% -0.37% 50.14% S&P Real Assets -0.06% 3.57% 7.01% 31.96%

S&P Europe 350 (EUR) 0.67% 2.56% 11.44% 35.58% Dow Jones Commodity Index 0.77% 5.33% 15.12% 68.57%

S&P Germany BMI (EUR) 0.97% 2.55% 11.10% 46.97% S&P Real Assets Equity -0.30% 4.32% 12.07% 39.27%

S&P/TSX Composite (CAD) -0.58% 1.93% 10.14% 37.38% S&P Real Assets Bond 0.04% 1.86% -2.15% 13.82%

S&P China 500 (CNY) 0.38% 0.89% -0.12% 31.53% S&P GSCI 0.63% 4.89% 19.11% 81.68%

S&P/NZX 50 Portfolio (NZD) -0.06% -0.39% -3.07% 30.34% Crude Oil 0.13% 3.76% 26.85% 184.47%

S&P/CLX IPSA (CLP) -1.79% -1.11% 15.96% 31.68% Gold -0.62% 3.87% -6.31% -0.43%

S&P/TOPIX 150 (JPY) 1.99% -1.31% 7.31% 42.13% Copper -0.44% 7.05% 21.32% 83.11%

S&P MERVAL (ARS) -1.04% -1.79% -8.01% 54.22% Volatility

S&P BSE SENSEX (INR) 0.79% -2.89% 0.86% 54.87% Cboe Volatility Index/ VIX® (18.71) 6.91% -3.56% -17.76% -55.43%

S&P/BVL Peru Select (PEN) -2.92% -10.74% -7.62% 35.46% S&P/ASX 200 VIX (11.91) -6.64% -1.18% -14.29% -58.00%

Case-Shiller (as of Jan 2021) 1M 6M 12M S&P/JPX JGB VIX (1.45) -2.03% -24.48% 19.83% 19.48%

S&P CoreLogic Case-Shiller US National 0.79% 6.61% 11.22% S&P/BMV IPC VIX (31.59) 0.81% 106.96% 135.31% 86.35%

April 22, 2021

INDEX INVESTMENT STRATEGY: Daily Index Dashboard

Source: S&P Dow Jones Indices LLC and/or its affiliates. Index performance based on total return. (1) Indicates delayed data. (2) Indicates Sunday trading. Returns are in USD unless otherwise stated. Numbers in brackets are the most recent closing price

level for the corresponding index. 12M returns are calculated with reference to latest index level available exactly one calendar year prior to the calculation date. See disclaimer for further information

Register to receive our dashboards at on.spdji.com/DashboardSignup

E-mail sherifa.issifu@spglobal.com to receive daily commentary

If figures appear outdated click refresh on your browser to update

-0.4%

-0.4%

-0.4%

-0.5%

-0.6%

S&P 500, -0.9%

-1.2%

-1.2%

-1.3%

-1.4%

-1.7%

Real Estate

Low Volatility

Health Care

Industrials

Equal Weight

Discretionary

Info. Tech.

Momentum

Energy

Materials

2.8%

2.1%

2.0%

2.0%

1.6%

S&P Global BMI, -0.1%

-0.8%

-0.8%

-0.8%

-2.9%

-3.7%

Portugal

Russia

Japan

Denmark

Greece

United States

Pakistan

Thailand

Chile

Peru

MOVERS AND SHAKERS

April 22, 2021

INDEX INVESTMENT STRATEGY: Daily Index Dashboard

Source: S&P Dow Jones Indices LLC and/or its affiliates. Index performance based on total return. (1) Indicates delayed data. (2) Indicates Sunday trading. Returns are in USD unless otherwise stated. Numbers in brackets are the most recent closing price level for the corresponding index. 12M returns are calculated

with reference to latest index level available exactly one calendar year prior to the calculation date. See disclaimer for further information

3.1%2.8%

2.6% 2.6% 2.5%2.3%

2.1% 2.0% 2.0% 2.0%

-0.6%-0.8% -0.8% -0.9% -0.9% -0.9%

-1.1%-1.3%

-2.7%

-3.9%

-5.0%

-4.0%

-3.0%

-2.0%

-1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

On

e D

ay T

ota

l Ret

urn

Selected Highlights - 1 Day Index Change

12.5%11.6%

10.0%

8.7%

7.4% 7.1% 6.9% 6.5% 6.4% 6.2%

-3.8% -3.9% -4.1% -4.1% -4.1% -4.6%-5.4% -5.9%

-8.2%

-14.6%

-20.0%

-15.0%

-10.0%

-5.0%

0.0%

5.0%

10.0%

15.0%

Mo

nth

To

Dat

e To

tal R

etu

rn

Selected Highlights - MTD Index Change

EQUITY SECTORS

INDEX Daily MTD YTD 12M INDEX Daily MTD YTD 12M

S&P 500 -0.91% 4.15% 10.59% 50.21% S&P/ASX 200 (AUD) 0.83% 3.91% 8.33% 38.89%

Real Estate -0.38% 6.43% 16.04% 30.64% Information Technology 1.51% 12.54% -0.15% 90.01%

Information Technology -1.18% 6.00% 8.10% 62.44% Materials 0.68% 7.09% 10.26% 58.64%

Health Care -0.41% 5.30% 8.65% 27.01% Consumer Discretionary 0.52% 5.45% 14.70% 70.63%

Consumer Discretionary -1.16% 5.02% 8.29% 56.50% Industrials 1.25% 4.10% 2.96% 20.49%

Utilities -0.69% 4.20% 7.11% 16.99% Health Care 1.74% 3.82% 1.39% -1.45%

Communication Services -0.66% 3.69% 12.07% 54.62% Communication Services 0.69% 3.32% 12.42% 38.54%

Materials -1.75% 3.56% 12.97% 70.32% Financials 0.57% 2.39% 14.83% 53.42%

Consumer Staples -0.75% 2.41% 3.59% 22.34% Real Estate 1.33% 2.29% 1.83% 37.40%

Financials -1.11% 2.14% 18.48% 65.30% Consumer Staples 1.14% 1.58% 2.02% 7.60%

Industrials -0.47% 2.13% 13.78% 68.68% Utilities -0.04% -1.02% -2.84% -14.25%

Energy -1.41% -3.89% 25.77% 46.72% Energy -0.57% -4.57% -0.96% 28.98%

S&P Europe 350 (EUR) 0.67% 2.56% 11.44% 35.58% S&P/TSX Composite (CAD) -0.58% 1.93% 10.14% 37.38%

Information Technology 2.04% 5.93% 17.84% 55.13% Materials -1.41% 10.03% 2.47% 15.79%

Real Estate 1.15% 5.72% 3.39% 27.06% Consumer Discretionary -0.06% 5.80% 18.97% 83.60%

Consumer Staples 1.07% 4.38% 6.62% 12.52% Real Estate -0.03% 4.40% 14.80% 43.44%

Consumer Discretionary 0.84% 4.20% 16.07% 66.59% Communication Services -0.26% 3.73% 11.07% 16.83%

Health Care -0.01% 3.74% 5.70% 0.25% Consumer Staples -0.94% 1.89% 4.48% 6.82%

Industrials 1.12% 3.20% 14.47% 62.57% Financials 0.00% 1.46% 15.55% 53.71%

Materials -0.02% 2.99% 15.15% 60.48% Utilities -0.36% 1.46% 4.94% 24.48%

Utilities 2.28% 2.92% 3.51% 33.30% Information Technology -2.69% 0.51% -0.55% 45.88%

Communication Services 0.25% -0.43% 11.30% 26.86% Energy -0.95% -0.87% 19.27% 34.74%

Financials -0.10% -1.39% 12.69% 48.63% Industrials 0.52% -1.20% 5.34% 37.59%

Energy -0.22% -3.80% 10.75% 17.11% Health Care -0.97% -13.49% 19.35% 43.07%

S&P Japan 500 (JPY) 1.91% -1.55% 7.49% 41.08% S&P Global 1200 -0.32% 3.96% 9.46% 50.72%

Information Technology 3.10% 2.75% 9.47% 60.03% Information Technology -0.74% 5.79% 8.11% 66.06%

Communication Services 0.95% 2.33% 11.69% 54.38% Real Estate 0.00% 5.58% 12.61% 31.96%

Materials 2.54% -0.12% 10.53% 62.43% Materials -0.52% 5.52% 12.22% 74.90%

Health Care 2.61% -2.21% -4.72% 17.50% Health Care -0.12% 5.18% 6.02% 23.07%

Industrials 2.14% -2.28% 9.17% 47.45% Consumer Discretionary -0.34% 4.21% 7.69% 61.84%

Consumer Discretionary 1.64% -2.82% 8.09% 48.38% Utilities 0.17% 4.12% 5.04% 23.97%

Consumer Staples 1.53% -2.86% -1.97% 8.75% Consumer Staples 0.01% 3.86% 3.30% 22.57%

Financials 0.58% -4.05% 15.07% 38.05% Communication Services -0.22% 3.67% 11.56% 51.96%

Real Estate 1.36% -5.43% 10.92% 26.24% Industrials 0.38% 2.79% 11.63% 67.12%

Energy -0.14% -5.92% 25.15% 34.51% Financials -0.53% 1.72% 14.62% 62.25%

Utilities 0.38% -8.21% 5.62% -3.33% Energy -0.97% -2.53% 17.90% 41.22%

S&P 500 Sectors - Total Return MTD Top 5 Outperforming Sectors - Excess Return MTD

Top 5 Underperforming Sectors - Excess Return MTD

Source: S&P Dow Jones Indices LLC and/or its affiliates. Index performance based on total return. (1) Indicates delayed data. (2) Indicates Sunday trading. Returns are in USD unless otherwise stated. Numbers in brackets are the most recent closing price level for the corresponding index. 12M returns are

calculated with reference to latest index level available exactly one calendar year prior to the calculation date. See disclaimer for further information

INDEX INVESTMENT STRATEGY: Daily Index Dashboard

April 22, 2021

-15.4%

-8.5%

-8.0%

-6.7%

-6.5%

S&P/TSX Composite Health Care

S&P/ASX 200 Energy

S&P 500 Energy

S&P Japan 500 Utilities

S&P Global 1200 Energy

3.9%

3.9%

4.3%

8.1%

8.6%

S&P/TSX Composite Consumer Discretionary

S&P Japan 500 Communication Services

S&P Japan 500 Information Technology

S&P/TSX Composite Materials

S&P/ASX 200 Information Technology

-3.9%

2.1%

2.1%

2.4%

3.6%

3.7%

4.2%

5.0%

5.3%

6.0%

6.4%

4.2%

Energy

Industrials

Financials

Consumer Staples

Materials

Communication Services

Utilities

Consumer Discretionary

Health Care

Information Technology

Real Estate

S&P 500

INDEX INVESTMENT STRATEGY: Daily Index Dashboard

FACTORS & EQUITY STRATEGY

INDEX Daily MTD YTD 12M INDEX Daily MTD YTD 12M

S&P 500 -0.91% 4.15% 10.59% 50.21% S&P/ASX 200 (AUD) 0.83% 3.91% 8.33% 38.89%

S&P 500 Growth -1.04% 5.88% 8.13% 53.74% S&P/ASX 200 Momentum 1.08% 8.75% 4.51% 41.82%

S&P 500 Momentum -1.31% 5.42% 5.63% 43.84% S&P/ASX 200 Growth 1.03% 6.23% 6.04% 33.83%

S&P 500 Low Volatility -0.40% 4.21% 8.12% 24.80% S&P/ASX 200 Quality 0.64% 5.29% 1.52% 23.16%

S&P 500 QVM Multi Factor -0.94% 4.13% 10.63% 42.07% S&P/ASX 300 Shareholder Yield 0.57% 4.99% 5.45% 28.41%

S&P 500 Quality -0.92% 4.02% 9.79% 44.51% S&P Low Beta Australia 0.84% 4.65% 7.99% 31.20%

S&P 500 Dividend Aristocrats® -0.72% 3.58% 12.39% 49.49% S&P/ASX Dividend Opportunities 0.69% 4.23% 4.24% 35.73%

S&P 500 Equal Weight -0.64% 3.41% 15.29% 65.40% S&P/ASX 200 Equal Weight 0.64% 4.21% 5.61% 45.47%

S&P 500 Buyback -0.71% 3.29% 19.06% 75.28% S&P/ASX 200 Low Volatility 0.57% 2.72% 4.19% 20.58%

S&P 500 Value -0.77% 2.34% 13.36% 44.33% S&P/ASX 200 Value 0.64% 1.84% 10.50% 44.29%

S&P 500 Low Vol High Div -1.13% 2.08% 17.62% 47.85% S&P/ASX 200 Enhanced Value -0.11% 0.59% 4.24% 33.69%

DJ U.S. Select Dividend -1.33% 1.94% 22.02% 57.22% S&P Japan 500 (JPY) 1.91% -1.55% 7.49% 41.08%

S&P 500 Enhanced Value -0.79% 1.55% 21.11% 68.65% S&P Momentum Japan LargeMidCap 2.65% 1.86% 0.52% 40.18%

S&P 500 High Beta -1.15% 0.36% 23.14% 124.45% S&P Quality Japan LargeMidCap 2.01% -0.20% 1.61% 34.76%

S&P Europe 350 (EUR) 0.67% 2.56% 11.44% 35.58% S&P Low Beta Japan 1.63% -2.04% 4.50% 27.68%

S&P Europe 350 Momentum 1.28% 4.92% 9.51% 26.67% S&P Intrinsic Value Japan 1.43% -2.53% 11.61% 40.02%

S&P Europe 350 Quality 0.35% 4.09% 12.22% 32.70% S&P Japan 500 Equal Weight 1.54% -2.61% 9.93% 40.45%

S&P Europe 350 Low Volatility 0.41% 3.56% 8.28% 22.74% S&P GIVI® Japan 1.28% -3.00% 9.55% 28.78%

S&P Europe 350 RC 15% 0.90% 3.11% 12.38% 22.12% S&P/JPX Dividend Aristocrats 1.07% -3.05% 14.98% 38.80%

S&P Europe 350 Equal Weight 0.65% 2.23% 11.84% 48.94% S&P Japan 500 Low Volatility 1.05% -3.29% 5.84% 19.05%

S&P Europe 350 Buyback 0.42% 1.67% 10.87% 49.02% S&P Enh. Value Japan LargeMidCap 0.95% -4.14% 18.17% 43.99%

S&P Euro HY Div. Aristocrats 0.71% 1.44% 9.13% 28.07% S&P Pan Asia BMI (USD) 0.93% 2.11% 4.87% 51.82%

DJ Brookfield EU Infrastructure 0.41% 1.40% 4.60% 12.22% S&P Pan Asia Momentum LargeMidCap 1.28% 3.94% 2.81% 62.00%

S&P Europe Div. Opps 0.41% 1.21% 9.32% 31.71% S&P Pan Asia Growth 1.08% 2.61% 2.53% 52.99%

S&P D.A.E. Europe 0.57% 1.11% 5.90% 8.87% S&P Pan Asia Dividend Aristocrats® 0.43% 2.42% 8.06% 37.26%

S&P Europe 350 Enhanced Value 0.18% -1.59% 17.27% 75.32% S&P Pan Asia Low Volatility 0.23% 2.40% 6.19% 19.14%

S&P/TSX Composite (CAD) -0.58% 1.93% 10.14% 37.38% S&P Pan Asia Quality LargeMidCap 0.90% 2.27% 1.26% 49.02%

S&P/TSX Composite Equal Weight -0.58% 3.38% 11.09% 59.34% S&P Pan Asia Low Beta 0.81% 1.94% 3.93% 42.59%

S&P/TSX 60 Equal Weight -0.61% 2.95% 14.28% 45.77% S&P Pan Asia Intrinsic Value Weighted 0.75% 1.74% 8.70% 50.11%

S&P/TSX Composite Low Volatility -0.21% 2.75% 11.07% 24.37% S&P Pan Asia GIVI 0.62% 1.62% 7.46% 40.24%

S&P/TSX Composite Enhanced Value -0.35% 2.69% 18.53% 79.20% S&P Pan Asia Value 0.77% 1.56% 7.57% 49.91%

S&P/TSX Canadian Dividend Aristocrats -0.17% 2.59% 13.92% 50.50% S&P Pan Asia Ethical Select Div. Opps 0.37% 1.54% 6.94% 34.57%

Dow Jones Canada Select Growth -0.74% 2.07% 6.49% 24.66% S&P Pan Asia Enhanced Value LargeMidCap 0.42% 0.15% 14.33% 45.34%

S&P/TSX Capped Composite -0.58% 1.93% 10.14% 37.38% S&P Global 1200 -0.32% 3.96% 9.46% 50.72%

Dow Jones Canada Select Value -0.36% 1.88% 16.02% 49.09% S&P Global 1200 QVM Multi-Factor -0.38% 4.32% 9.71% 43.26%

S&P/TSX Composite Momentum -1.10% 1.62% -4.99% -0.07% S&P Global 1200 Low Vol High Div. 0.23% 1.79% 8.95% 36.28%

S&P/TSX Composite High Dividend -0.42% 1.37% 16.00% 47.38% S&P Global 1200 Div Stability Low Vol 0.09% 1.49% 7.98% 26.94%

April 22, 2021

Top 5 Outperformers - Excess Return MTDU.S. Equity Factors - Total Return MTD

Top 5 Underperformers - Excess Return MTD

Source: S&P Dow Jones Indices LLC and/or its affiliates. Index performance based on total return. (1) Indicates delayed data. (2) Indicates Sunday trading. Returns are in USD unless otherwise stated. Numbers in brackets are the most recent closing price level for the corresponding index. 12M returns are calculated

with reference to latest index level available exactly one calendar year prior to the calculation date. See disclaimer for further information

-4.1%

-3.8%

-3.3%

-2.7%

-2.6%

-6% -5% -4% -3% -2% -1% 0%

S&P Europe 350 Enhanced Value

S&P 500 High Beta

S&P/ASX 200 Enhanced Value

S&P Enh. Value Japan LargeMidCap

S&P 500 Enhanced Value

2.0%

2.3%

2.4%

3.3%

4.8%

0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0%

S&P Pan Asia Momentum LargeMidCap

S&P/ASX 200 Growth

S&P Europe 350 Momentum

S&P Momentum Japan LargeMidCap

S&P/ASX 200 Momentum

0.4%

1.6%

1.9%

2.1%

2.3%

3.3%

3.4%

3.6%

4.0%

4.1%

4.2%

5.4%

5.9%

4.2%

S&P 500 High Beta

S&P 500 Enhanced Value

DJ U.S. Select Dividend

S&P 500 Low Vol High Div

S&P 500 Value

S&P 500 Buyback

S&P 500 Equal Weight

S&P 500 Dividend Aristocrats®

S&P 500 Quality

S&P 500 QVM Multi Factor

S&P 500 Low Volatility

S&P 500 Momentum

S&P 500 Growth

S&P 500®

S&P GLOBAL BMI: MONTH-TO-DATE PERFORMANCE HEATMAP

Daily MTD YTD 12M Daily MTD YTD 12M

S&P Developed BMI -0.20% 3.93% 9.70% 55.12% S&P Emerging BMI (Cont'd)Sweden 0.58% 7.43% 14.48% 90.67% Egypt -0.52% -0.20% -2.43% 8.05%

Finland 1.08% 6.89% 10.36% 68.98% Hungary -0.01% -1.06% -0.80% 51.05%

Denmark 1.97% 6.83% 4.28% 55.69% Thailand -0.81% -1.45% 4.26% 29.84%

Belgium 1.00% 6.12% 4.64% 41.46% Turkey -0.42% -3.20% -16.73% 15.22%

Portugal 2.81% 6.01% 0.69% 40.97% India 0.38% -3.40% 3.62% 68.36%

France 0.84% 5.97% 10.76% 60.91% Peru -3.71% -6.71% -13.59% 20.56%

Netherlands 1.06% 5.92% 17.53% 82.06% S&P Frontier BMI -0.83% 4.42% 3.33% 64.01%

Australia 0.54% 5.77% 8.75% 72.77% Estonia 0.50% 11.61% 22.75% 77.33%

Switzerland 0.39% 5.75% 4.32% 28.25% Slovenia 0.03% 9.39% 13.58% 60.98%

Korea 0.32% 5.40% 6.48% 90.33% Lithuania 0.25% 9.31% 11.96% 61.00%

Germany 0.92% 4.90% 9.16% 63.19% Vietnam -3.17% 7.14% 17.40% 73.34%

Israel 0.27% 4.33% 5.61% 46.34% Cote D'Ivoire 0.72% 7.13% -2.46% 32.36%

Singapore 1.26% 4.29% 13.71% 65.46% Kenya -0.76% 5.55% 10.49% 22.02%

New Zealand 0.12% 4.25% -5.23% 47.90% Argentina -0.85% 5.48% -6.64% 135.63%

United States -0.78% 3.99% 10.71% 56.26% Slovakia -0.05% 5.39% -16.05% 2.99%

United Kingdom 0.14% 3.97% 10.53% 42.62% Sri Lanka -2.70% 5.10% 3.69% 53.74%

Luxembourg 0.75% 3.58% 8.63% 109.40% Bulgaria -0.16% 5.06% 12.83% 42.36%

Spain 1.44% 3.09% 4.99% 46.26% Ghana 0.06% 4.90% 21.21% 16.96%

Norway 1.06% 2.83% 12.73% 85.39% Bahrain 0.19% 4.30% 2.39% 19.82%

Hong Kong 0.44% 2.61% 12.62% 40.52% Cyprus -2.34% 4.21% 23.45% 79.29%

Austria 0.90% 2.55% 10.32% 75.99% Mauritius 0.20% 4.02% -0.07% 5.56%

Canada -0.74% 2.41% 12.42% 57.14% Namibia -0.32% 3.73% 4.87% 8.29%

Ireland 0.22% 2.25% 9.14% 65.17% Bangladesh 0.23% 3.43% 3.95% 50.27%

Italy 0.95% 1.72% 8.81% 64.88% Lebanon 0.08% 3.41% 45.80% 115.76%

Japan 1.98% 0.83% 2.88% 40.28% Morocco 0.23% 3.39% 3.44% 51.75%

S&P Emerging BMI 0.34% 1.91% 4.75% 52.76% Botswana -0.22% 3.36% -5.46% 5.73%

Poland 0.09% 6.97% 2.40% 43.05% Latvia -0.32% 3.15% -4.30% 16.30%

Mexico 0.44% 6.76% 11.54% 83.13% Nigeria 0.49% 2.13% -1.88% 61.09%

Greece 1.58% 6.06% 11.62% 74.83% Romania -0.01% 2.03% 7.43% 57.73%

Czech Republic 0.08% 5.72% 10.54% 64.36% Croatia 0.21% 1.93% 3.84% 34.66%

Brazil 0.65% 5.40% -5.40% 47.60% Kazakhstan -1.53% 1.92% 26.02% 83.32%

Taiwan -0.72% 5.04% 16.68% 85.33% Oman 0.05% 1.27% 6.04% 19.11%

Kuwait -0.03% 4.46% 11.92% 40.69% Trinidad And Tobago 0.01% 0.43% 1.33% 10.95%

South Africa -0.69% 3.44% 16.50% 83.51% Jordan -1.12% 0.43% 3.39% -3.16%

Qatar 0.11% 3.32% 6.26% 25.41% Panama 0.44% 0.19% 4.56% 7.40%

Saudi Arabia 0.47% 2.82% 19.34% 60.57% Tunisia 0.44% 0.07% -0.02% 14.06%

Malaysia 0.94% 2.53% -1.45% 31.68% Zambia 0.51% -0.71% 5.39% 5.35%

China 0.80% 1.75% 1.34% 41.01% Jamaica -0.31% -3.30% -2.75% -2.47%

United Arab Emirates 0.99% 1.51% 16.98% 49.45% Additional CountriesRussia 2.08% 0.88% 7.47% 47.48% Rwanda 12.18% 23.12% 15.01% 4.94%

Chile -2.94% 0.77% 16.99% 60.31% Ukraine 3.19% 6.58% 35.34% 140.35%

Pakistan -0.79% 0.54% 8.16% 40.68% Palestine 0.21% 4.23% 4.63% 3.80%

Colombia -0.31% 0.35% -15.44% 34.13% Malawi 0.21% 0.71% 0.62% 9.74%

Philippines -0.34% 0.32% -9.28% 24.96% Uganda -5.14% -0.04% 4.04% 8.32%

Indonesia 0.23% -0.19% -7.19% 40.84% Tanzania 0.00% -1.20% 1.67% 6.20%

Source: S&P Dow Jones Indices LLC and/or its affiliates. Index performance based on total return. (1) Indicates delayed data. (2) Indicates Sunday trading. Returns are in USD unless otherwise stated. Numbers in brackets are the most recent closing price level for the corresponding index. 12M returns are calculated with reference to latest index level

available exactly one calendar year prior to the calculation date. See disclaimer for further information

INDEX INDEX

April 22, 2021

INDEX INVESTMENT STRATEGY: Daily Index Dashboard

-10%

-9%

-8%

-7%

-6%

-4%

-3%

-2%

-1%

0%

1%

2%

3%

4%

5%

6%

7%

8%

9%

-5%

10%

INDEX INVESTMENT STRATEGY: Daily Index Dashboard

S&P COMPOSITE 1500 - SECTORS & INDUSTRIES: MONTH-TO-DATE PERFORMANCE

INDEX Weight Daily MTD YTD 12M INDEX Weight Daily MTD YTD 12M

S&P Composite 1500 100.0% -0.87% 4.02% 11.20% 52.76% Health Care 13.0% -0.37% 5.30% 8.85% 28.95%

Energy 2.5% -1.34% -4.06% 26.09% 49.41% Health Care Equip. & Supplies 3.7% 0.33% 8.67% 10.26% 39.56%

Oil, Gas & Consumable Fuels 2.3% -1.41% -3.62% 28.23% 47.26% Life Sciences Tools & Svcs. 1.3% 0.81% 8.30% 11.25% 57.71%

Energy Equip. & Svcs. 0.2% -0.62% -8.18% 8.22% 73.41% Health Care Tech 0.1% 0.42% 5.43% 1.17% 24.38%

Real Estate 3.1% -0.45% 6.10% 15.57% 35.31% Health Care Providers & Svcs. 2.7% -0.25% 4.98% 14.31% 43.46%

Equity REITs 3.0% -0.46% 6.26% 15.28% 33.72% Pharmaceuticals 3.4% -1.16% 2.50% 4.12% 13.44%

Real Estate Management & Develop. 0.1% -0.09% 1.74% 24.20% 101.85% BioTech 1.8% -1.35% 2.41% 6.12% 9.30%

Financials 11.5% -1.13% 1.97% 18.62% 66.59% Industrials 9.5% -0.43% 2.28% 14.50% 72.36%

Diversified Financial Svcs. 1.4% -1.01% 5.49% 16.38% 45.26% Professional Svcs. 0.5% 2.08% 7.82% 11.90% 62.91%

Insurance 2.1% -0.77% 4.18% 14.94% 53.37% Commercial Svcs. & Supplies 0.5% -0.25% 4.68% 6.34% 57.25%

Cons. Finance 0.6% -0.11% 3.31% 21.04% 112.04% Industrial Conglomerates 1.2% -0.06% 4.51% 13.23% 68.50%

Capital Markets 2.8% -1.04% 3.13% 14.81% 61.63% Building Products 0.6% 0.46% 4.40% 21.95% 119.91%

Mortgage REITs 0.0% 0.05% 2.01% 20.50% 115.37% Construction & Engineering 0.1% -0.37% 3.36% 30.34% 118.45%

Banks 4.6% -1.54% -0.74% 23.48% 79.75% Road & Rail 1.0% -1.11% 2.48% 14.78% 71.22%

Thrifts & Mortgage Finance 0.1% -0.46% -0.78% 13.49% 73.11% Air Freight & Logistics 0.6% -0.44% 2.36% 7.58% 93.46%

Utilities 2.7% -0.67% 4.22% 7.75% 17.22% Trading Companies & Distributors 0.3% -0.93% 1.72% 15.79% 86.08%

Water Utilities 0.1% 0.19% 7.62% 4.99% 22.41% Machinery 2.1% -0.77% 1.56% 18.35% 91.71%

Indep. Power and Renewables 0.0% -0.25% 5.63% 21.25% 130.96% Electrical Equip. 0.6% -0.31% 1.13% 14.47% 86.94%

Gas Utilities 0.1% -0.46% 5.19% 16.88% 14.88% Marine 0.0% -1.13% 0.82% 15.45% 65.20%

Multi Utilities 0.8% -0.70% 4.45% 9.50% 13.59% Aerospace & Defense 1.6% -0.69% 0.35% 10.65% 32.87%

Electric Utilities 1.6% -0.75% 3.74% 6.09% 17.08% Airlines 0.3% -2.13% -6.31% 22.84% 108.85%

Consumer Discretionary 12.8% -1.06% 4.82% 10.39% 64.66% Materials 3.0% -1.63% 2.97% 13.89% 73.84%

Distributors 0.1% 1.40% 8.77% 18.55% 94.56% Paper & Forest Products 0.0% -0.35% 6.99% 37.36% 143.41%

Leisure Products 0.1% 0.16% 7.09% 23.69% 115.02% Containers & Packaging 0.4% -1.22% 4.70% 9.11% 63.21%

Internet & Direct Marketing Retail 3.9% -1.53% 6.69% 3.27% 45.41% Construction Materials 0.1% -1.02% 3.56% 23.03% 91.34%

Automobiles 1.8% -2.68% 5.97% 7.36% 106.98% Chemicals 1.9% -1.62% 2.73% 11.58% 71.05%

Specialty Retail 2.5% -0.62% 4.48% 23.55% 82.46% Metals & Mining 0.5% -2.20% 2.20% 24.08% 86.35%

Multiline Retail 0.5% -0.69% 3.65% 13.40% 68.11% Communication Services 10.1% -0.65% 3.64% 12.07% 54.56%

Household Durables 0.6% -0.26% 3.65% 27.37% 132.18% Interactive Media & Svcs. 5.5% -1.38% 6.02% 21.05% 74.24%

Hotels Restaurants & Leisure 2.2% -0.27% 3.14% 12.01% 64.23% Wireless Telecomm. Svcs. 0.2% -0.29% 4.98% -1.17% 42.73%

Auto Comp. 0.3% -0.33% 2.62% 15.80% 125.60% Diversified Telecomm. Svcs. 1.3% 1.12% 2.11% 6.28% 9.30%

Diversified Cons. Svcs. 0.1% -0.44% 0.84% 12.81% 33.41% Media 1.3% -0.19% 1.91% 7.69% 58.06%

Textiles, Apparel & Luxury Goods 0.7% -0.11% 0.69% 1.88% 71.44% Entertainment 1.9% -0.01% -0.90% -1.63% 48.13%

Consumer Staples 5.8% -0.74% 2.36% 4.26% 23.94% Information Technology 26.0% -1.13% 5.82% 8.24% 63.61%

Personal Products 0.2% 0.48% 6.74% 17.40% 89.15% Software 8.2% -0.98% 8.14% 11.15% 51.75%

Beverages 1.4% -0.54% 3.88% 1.52% 25.14% Tech Hardware, Storage & Periph. 5.8% -1.16% 7.74% 1.00% 92.92%

Food & Staples Retailing 1.3% -1.02% 3.16% 3.28% 20.40% IT Svcs. 5.0% -0.22% 6.55% 8.11% 50.94%

Food Products 1.0% -0.71% 2.26% 8.35% 23.89% Electronic Equip., Instr. & Comp. 0.9% -0.58% 3.35% 15.63% 90.45%

Household Products 1.3% -0.79% 0.66% -1.25% 14.97% Semiconductor & Equip. 5.3% -2.30% 1.13% 10.74% 72.12%

Tobacco 0.6% -0.97% -0.22% 15.27% 35.44% Communications Equip. 0.8% -0.77% 0.32% 14.66% 29.64%

April 22, 2021

Source: S&P Dow Jones Indices LLC and/or its affiliates. Index performance based on total return. (1) Indicates delayed data. (2) Indicates Sunday trading. Returns are in USD unless otherwise stated. Numbers in brackets are the most recent closing price level for the corresponding index. 12M returns are

calculated with reference to latest index level available exactly one calendar year prior to the calculation date. See disclaimer for further information. Segments within sectors are sorted by the market cap of the industries. Marketcap of "*Other" segments are a sum of the industries, whilst performance is a weighted

average of the market cap and performance of industries with an index weight of less than 1%. Sector and Industry breakdowns are based on GICS® definitions. Please see GICS methodology for more information. Charts are provided for illustrative purposes. Past performance is no guarantee of future results.

Health Care Equip. & Supplies

Pharmaceuticals

Health Care Providers & Svcs.

BioTech

Life Sciences Tools & Svcs.Health Care Other*

Banks

Capital Markets

Insurance

Diversified Financial Svcs.

Financials Other*

Electric Utilities

Utilities Other*

Equity REITs

Real Estate Other*

Software

Tech Hardware, Storage & Periph.

Semiconductor & Equip.IT Svcs.

Info. Tech. Other*

Interactive Media & Svcs.

Entertainment

Diversified Telecomm. Svcs.

Media

Comm. Svcs. Other*Beverages

Household Products

Food & Staples Retailing

Food Products

Cons. Staples Other*

Oil, Gas & Consumable Fuels

Energy Other*

Chemicals

Materials Other*

Machinery

Aerospace & Defense

Industrial Conglomerates

Road & Rail

Industrials Other*

Internet & Direct Marketing Retail

Specialty Retail

Hotels Restaurants & LeisureAutomobiles Cons. Discr. Other*

Health Care

Financials

Utilities

Real Estate

Info. Tech.

Comm. Svcs.

Cons. Staples

Energy

Materials

Industrials

5%

2%

4%

6%

6%

4%

2%

-4%

3%

2%

5%

9%

3%

5%

2%

8%5%

-1%

3%

4%

5%

3%

4%

5%

6%

2%

8%

8%

1%7%2%

6%

-1%

2%

2%5%4%

1%

3%

2%

2%

-4%

-8%

3%

3%

2%

0%

5%

2%

3%

7%

4%

3%6% 3%

-10%

-9%

-8%

-7%

-6%

-4%

-3%

-2%

-1%

0%

1%

2%

3%

4%

5%

6%

7%

8%

9%

-5%

10%

Note: size of section proportional to weight, coloured by index performance.

Cons. Discr.

GLOBAL FIXED INCOME

U.S. Treasury Yield Curve Yield to Worst - Selected S&P Sovereign Bond Indices

United States Yield Daily MTD YTD 12M Yield Daily MTD YTD 12M

S&P U.S. TIPS -1.6% 0.10% 1.04% -0.24% 5.88% S&P Eurozone Sovereign 0.0% 0.05% -0.31% -2.45% 3.63%

S&P U.S. Treasury Bill 0.0% 0.00% 0.00% 0.03% 0.12% S&P Eurozone Sov Inf.-Linked -1.3% -0.09% -0.31% 0.98% 10.91%

S&P U.S. Treasury 0.8% 0.07% 0.94% -2.78% -3.60% S&P Eurozone IG Corporate 0.2% 0.01% 0.17% -0.51% 5.96%

S&P U.S. Aggregate 1.3% 0.07% 1.03% -2.12% 0.59% S&P U.K. Gilt 0.8% 0.26% 1.55% -6.21% -6.58%

S&P U.S. MBS 1.1% 0.02% 0.84% -0.11% 0.64% S&P U.K. Inflation-Linked Gilt -2.3% 0.35% 1.97% -4.51% 0.89%

S&P U.S. IG Corporate 2.0% 0.13% 1.40% -2.89% 4.81% S&P U.K. IG Corporate 1.7% 0.17% 1.27% -3.18% 6.04%

S&P U.S. HY Corporate 4.0% 0.08% 0.93% 1.42% 19.48% S&P Germany Sovereign -0.4% 0.02% -0.16% -2.35% -1.49%

S&P U.S. Preferred Stock 6.4% 0.02% 1.64% 2.43% 21.86% S&P France Sovereign -0.1% 0.02% -0.21% -3.09% 0.89%

S&P 500/MarketAxess IG Corp. 2.2% 0.18% 1.50% -3.98% 3.45% S&P Spain Sovereign 0.1% 0.08% -0.28% -2.30% 5.95%

S&P 500 Bond 2.2% 0.14% 1.45% -2.97% 4.95% S&P Italy Sovereign 0.4% 0.06% -0.62% -1.44% 10.19%

S&P National AMT-Free Muni 0.9% 0.01% 1.01% 0.60% 6.23% S&P Switzerland Sovereign -0.3% 0.08% 0.02% -3.31% -1.78%

S&P/LSTA U.S. Lev. Loan 100 3.7% 0.09% 0.30% 1.33% 11.66% S&P Ireland Sovereign -0.1% 0.01% -0.30% -2.92% 2.63%

S&P 500 Bond Sectors

Utilities 2.4% 0.16% 2.23% -3.95% 2.12% S&P Indonesia Sovereign 6.1% 0.27% 1.94% -0.72% 14.93%

Materials 2.3% 0.18% 1.76% -2.68% 8.46% S&P Pan Asia Bond 3.2% 0.17% 1.37% 0.70% 9.58%

Energy 2.7% 0.16% 1.65% -0.74% 20.10% S&P Singapore Sovereign 1.1% 0.15% 0.92% -4.02% -2.12%

Industrials 2.3% 0.12% 1.57% -2.74% 6.31% S&P South Korea Sovereign 1.6% 0.07% 0.66% -1.67% -1.94%

Consumer Staples 2.1% 0.14% 1.55% -3.08% 3.38% S&P China Sovereign 2.9% 0.02% 0.61% 1.31% -0.14%

Real Estate 2.1% 0.04% 1.46% -2.40% 7.94% S&P Hong Kong Sovereign 0.4% 0.00% 0.56% -0.71% -0.33%

Information Technology 1.9% 0.16% 1.45% -3.82% 1.44% S&P Japan Sovereign 0.1% -0.04% 0.56% -0.03% -0.70%

Health Care 2.2% 0.16% 1.41% -3.69% 1.76% S&P Taiwan Sovereign 0.4% 0.00% 0.45% -0.78% 1.61%

Communication Services 2.6% 0.24% 1.39% -3.72% 3.14% S&P BSE India Sovereign 6.1% -0.02% 0.42% -0.57% 5.96%

Consumer Discretionary 2.4% 0.09% 1.34% -1.58% 11.13% S&P Japan Corporate 0.4% 0.02% 0.26% 0.40% 1.33%

Financials 1.7% 0.08% 1.06% -2.72% 3.96% S&P China Corporate 3.5% 0.01% 0.24% 0.97% 1.02%

Canada

S&P Canada Aggregate 1.6% -0.03% 0.16% -4.72% -1.17% S&P Colombia Sovereign 5.5% -0.21% 2.42% -3.97% 8.50%

S&P Canada Sovereign 0.9% -0.03% -0.03% -4.05% -3.34% S&P Chile Sovereign 2.9% -0.08% 0.78% -4.10% -1.71%

S&P Canada IG Corporate 2.0% 0.00% 0.17% -2.94% 3.45% S&P/BMV Corporate 6.5% -0.18% 0.58% -0.56% 7.93%

S&P Canada Provincial & Municipal 1.7% -0.04% 0.23% -5.77% -2.15% S&P/BMV Mexico Sovereign 5.5% -0.18% 0.44% -2.60% 6.53%

S&P/TSX Preferred Share 5.3% 0.13% 0.55% 9.43% 40.16% S&P Peru Sovereign 4.5% -0.58% -0.22% -8.72% 1.81%

Australia & New Zealand

S&P/ASX Australian Government 0+ 1.1% 0.18% 0.85% -3.34% -3.06% S&P Green Bond (USD) 0.9% 0.02% 1.90% -2.43% 12.11%

S&P/ASX Corporate 0+ 1.4% 0.06% 0.64% -0.68% 4.12% S&P Green Bond Select (USD) 0.8% -0.01% 1.99% -3.38% 13.05%

S&P/NZX NZ Government Bond 0.9% 0.17% 1.22% -2.25% -1.90% S&P ESG Europe Dev Sov (EUR) 0.0% 0.01% -0.13% -2.68% 1.83%

S&P 500 Bond Sectors - Selected Statistics S&P 500 Bond Sector Option-Adjusted Spreads (OAS)

S&P Rating

AAA

AA

A

BBB

LowerMarket Cap

$1 trillion

Europe

Source: S&P Dow Jones Indices LLC and/or its affiliates. Index performance based on total return. (1) Indicates delayed data. (2) Indicates Sunday trading. Returns are in USD unless otherwise stated. Numbers in brackets are the most recent closing price level for the corresponding index. 12M

returns are calculated with reference to latest index level available exactly one calendar year prior to the calculation date. See disclaimer for further information

INDEX INVESTMENT STRATEGY: Daily Index Dashboard

April 22, 2021

$1 billion

ESG Bonds

KEY

Latin America

Asia

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0%

0 5 10 15 20 25 30

Yie

ld t

o M

atu

rity

Maturity

Today

1 Mo. Ago

12 Mo. Ago

6.1% 6.1%

5.5%

2.9%

1.6%

1.1% 1.1%0.8% 0.8%

0.4% 0.4%0.1% 0.1% 0.0%

-0.1% -0.1% -0.3% -0.4%-1%

0%

1%

2%

3%

4%

5%

6%

7%

Comm. Svcs.

Cons. Disc.

Cons. Staples

Energy

Financials

Health Care

Industrials

Info. Tech.

Materials

Real Estate

Utilities

1.4%

1.6%

1.8%

2.0%

2.2%

2.4%

2.6%

2.8%

3.0%

5 6 7 8 9 10 11

Yie

ld t

o W

ors

t

Effective Duration (Years)

Industrials

Materials

Cons. Disc

Energy

Comm.Svcs

Real EstateUtilities

Financials

Info. Tech

Cons.Staples

Health Care

Today

1 Mo. Ago

12 Mo. Ago

COMMODITIES & REAL ASSETS

INDEX Daily MTD YTD 12M INDEX Daily MTD YTD 12M

Headline Commodities S&P Real Assets -0.06% 3.57% 7.01% 31.96%

S&P GSCI 0.63% 4.89% 19.11% 81.68% S&P Real Assets Equity -0.30% 4.32% 12.07% 39.27%

Dow Jones Commodity Index 0.77% 5.33% 15.12% 68.57% S&P Real Assets Bond 0.04% 1.86% -2.15% 13.82%

Commodity Sectors Modified Roll

Agriculture 3.25% 11.57% 18.28% 56.30% Pre-Roll 0.63% 4.96% 19.44% 82.55%

Industrial Metals -0.19% 5.66% 15.20% 59.07% Multiple Contract 0.62% 4.94% 19.39% 79.33%

Precious Metals -0.71% 4.18% -5.75% 4.25% Dynamic Roll 0.57% 4.64% 18.51% 51.41%

Energy 0.20% 3.67% 26.00% 136.12% 1M Forward 0.63% 5.04% 19.78% 78.89%

Livestock -1.27% -4.53% 4.33% 24.93% 2M Forward 0.57% 4.92% 19.66% 72.33%

Energy 0.20% 3.67% 26.00% 136.12% 3M Forward 0.57% 5.15% 19.31% 68.15%

Natural Gas 1.98% 5.28% 9.30% -30.22% 4M Forward 0.54% 5.16% 19.44% 66.12%

Petroleum 0.11% 3.58% 27.01% 159.66% 5M Forward 0.57% 5.34% 19.38% 64.17%

Heating Oil 0.40% 5.13% 25.94% 108.89% 6M Forward 0.60% 5.39% 18.91% 60.54%

Brent Crude 0.11% 3.90% 27.82% 153.45% 12M Forward 0.61% 4.96% 17.03% 51.65%

WTI Crude 0.13% 3.76% 26.85% 184.47% Modified Weighting

Gasoil 0.14% 2.76% 22.06% 91.17% Covered Call Select 0.62% 6.37% 9.54% 33.55%

Unleaded Gasoline -0.35% 0.97% 31.43% 189.29% Roll Weight Select 0.66% 5.93% 18.42% 69.77%

Agriculture 3.25% 11.57% 18.28% 56.30% Capped Component 0.84% 5.41% 16.85% 70.37%

Softs 0.18% 9.16% 8.19% 41.91% Equal Weight Select 0.68% 5.17% 15.05% 69.94%

Sugar -0.06% 14.21% 14.03% 65.44% Equal Weight Commodity Sector 0.34% 5.14% 12.50% 55.15%

Coffee 1.45% 8.64% 2.91% 10.67% Enhanced 0.60% 5.01% 19.05% 61.75%

Cotton -0.21% 4.69% 6.71% 45.93% Risk Weight 0.27% 3.90% 9.48% 43.81%

Cocoa 0.12% 2.57% -3.04% 8.72% Quantitative & Thematic

Grains 4.00% 12.17% 20.97% 60.09% S&P Commodity Producers Gold -0.92% 12.72% 2.43% 15.11%

Kansas Wheat 5.80% 15.67% 9.43% 25.09% S&P Commodity Producers Agribusiness -0.25% 1.45% 17.60% 74.11%

Corn 4.12% 14.82% 34.25% 85.73% S&P Commodity Producers Oil & Gas Expl. & Prod. -0.31% -4.59% 26.35% 70.23%

Chicago Wheat 5.26% 14.51% 9.69% 23.98% 1 S&P Dynamic Futures Index (DFI) 0.20% -0.02% 6.08% 2.14%

Soybeans 2.35% 5.78% 16.08% 77.31% 1 S&P Strategic Futures Index (SFI) -0.05% -1.50% 1.47% 1.87%

Livestock -1.27% -4.53% 4.33% 24.93% 2 S&P GSCI Gold Dyn. Roll 70/30 Futures/Eq. Blend -0.72% 6.62% -3.69% 5.58%

Lean Hogs -0.93% -1.66% 25.30% 70.83% 2 S&P GSCI Sector Equities -1.35% 1.49% 17.89% 70.89%

Live Cattle -1.19% -5.74% -3.61% 12.14% 2 S&P GSCI Dynamic Roll Daily Risk Control 5% 0.14% 1.09% 6.30% 12.00%

Feeder Cattle -2.34% -7.32% -7.61% 0.17% 2 S&P GSCI Daily Risk Control 5% 0.14% 1.03% 5.09% 11.79%

Industrial Metals -0.19% 5.66% 15.20% 59.07% S&P Systematic Global Macro Commodities 0.62% 4.73% 18.35% 25.90%

Copper -0.44% 7.05% 21.32% 83.11% S&P Systematic Global Macro 0.26% 2.13% 8.36% 16.59%

Aluminum -0.04% 6.84% 17.87% 48.32% Other Single S&P GSCI Indices

Lead 1.36% 3.66% 1.61% 18.26% Soybean Oil 3.53% 15.61% 46.49% 133.27%

Zinc 0.33% 0.00% 1.79% 44.77% Iron Ore -1.06% 15.42% 22.55% 196.88%

Nickel -0.84% -0.10% -3.61% 32.06% Palladium -1.14% 8.51% 15.36% 48.14%

Precious Metals -0.71% 4.18% -5.75% 4.25% North America Copper -0.19% 6.95% 21.41% 82.35%

Silver -1.45% 6.73% -0.99% 64.79% Tin -0.12% 4.88% 45.01% 101.71%

Gold -0.62% 3.87% -6.31% -0.43% Nonfat Dry Milk 0.14% 4.33% 1.70% 9.30%

Reduced Energy & Sustainability Orange Juice 0.04% 2.72% -11.04% -2.06%

Biofuel 2.74% 14.78% 27.97% 82.27% Class III Milk -1.93% 2.60% 3.13% 128.39%

Carbon Emission Allowances EUA (EUR) 2.57% 10.63% 43.65% 125.36% Skim Milk Powder 0.00% 2.01% 16.11% 48.29%

Ultra Light Energy 1.01% 5.99% 13.50% 50.77% Rough Rice 3.84% 1.68% 3.43% 19.75%

Light Energy 0.92% 5.73% 14.80% 57.17% Platinum -0.51% 1.43% 11.56% 54.58%

Reduced Energy 0.70% 5.53% 15.76% 42.04% Soybean Meal 2.21% -0.59% -1.83% 39.23%

S&P GSCI Constitutents - Index WeightsS&P GSCI Constitutents - Total Return MTD

Source: S&P Dow Jones Indices LLC and/or its affiliates. Index performance based on total return. (1) Indicates delayed data. (2) Indicates Sunday trading. Returns are in USD unless otherwise stated. Numbers in brackets are the most recent closing price level for the corresponding index. 12M returns

are calculated with reference to latest index level available exactly one calendar year prior to the calculation date. See disclaimer for further information

INDEX INVESTMENT STRATEGY: Daily Index DashboardApril 22, 2021

WTI Crude

Brent Crude

Gasoil

Unleaded Gasoline

Heating OilNatural Gas

Corn

Soybeans

Chicago Wheat

Sugar

Kansas Wheat

Cotton

Coffee

Cocoa

Copper

Aluminum

ZincNickel

Lead

Live Cattle

Lean HogsFeeder Cattle Gold Silver

4%

4%

3%

1%5%5%

15%

6%

15%

14%

16%

5%9%3%

7%

7%

0%0%4%

-6%

-2%-7%

4% 7%

-10%

-9%

-8%

-7%

-6%

-4%

-3%

-2%

-1%

0%

1%

2%

3%

4%

5%

6%

7%

8%

9%

-5%

10%

Note: size of section proportional to weight, coloured by index performance.

15.7%

14.8%

14.5%

14.2%

8.6%

7.0%

6.8%

6.7%

5.8%

5.3%

5.1%

4.7%

3.9%

3.9%

3.8%

3.7%

2.8%

2.6%

1.0%

0.0%

-0.1%

-1.7%

-5.7%

-7.3%

4.9%

0% 0% 0% 0% 0% 0% 0%

Kansas Wheat

Corn

Chicago Wheat

Sugar

Coffee

Copper

Aluminum

Silver

Soybeans

Natural Gas

Heating Oil

S&P GSCI

Cotton

Brent Crude

Gold

WTI Crude

Lead

Gasoil

Cocoa

Unleaded Gasoline

Zinc

Nickel

Lean Hogs

Live Cattle

Feeder Cattle

Energy

Agriculture

Industrial Metals

Livestock

Precious Metals

4%

12%

6%

-5%

4%

S&P GSCI

General Disclaimer

Copyright © 2021 S&P Dow Jones Indices LLC. All rights reserved. S&P, S&P 500, S&P 500 LOW VOLATILITY INDEX, S&P 100, S&P COMPOSITE 1500, S&P MIDCAP 400, S&P SMALLCAP 600,

SELECT SECTOR, S&P GIVI, GLOBAL TITANS, DIVIDEND ARISTOCRATS, S&P TARGET DATE INDICES, S&P PRISM, S&P STRIDE, GICS, SPIVA, SPDR and INDEXOLOGY are registered

trademarks of Standard & Poor’s Financial Services LLC, a division of S&P Global (“S&P”). DOW JONES, DJ, DJIA, The Dow and DOW JONES INDUSTRIAL AVERAGE are registered trademarks of

Dow Jones Trademark Holdings LLC (“Dow Jones”). These trademarks together with others have been licensed to S&P Dow Jones Indices LLC. Redistribution or reproduction in whole or in part are

prohibited without written permission of S&P Dow Jones Indices LLC. This document does not constitute an offer of services in jurisdictions where S&P Dow Jones Indices LLC, S&P, Dow Jones or their

respective affiliates (collectively “S&P Dow Jones Indices”) do not have the necessary licenses. Except for certain custom index calculation services, all information provided by S&P Dow Jones Indices is

impersonal and not tailored to the needs of any person, entity or group of persons. S&P Dow Jones Indices receives compensation in connection with licensing its indices to third parties and providing

custom calculation services. Past performance of an index is not an indication or guarantee of future results.

It is not possible to invest directly in an index. Exposure to an asset class represented by an index may be available through investable instruments based on that index. S&P Dow Jones Indices does not

sponsor, endorse, sell, promote or manage any investment fund or other investment vehicle that is offered by third parties and that seeks to provide an investment return based on the performance of any

index. S&P Dow Jones Indices makes no assurance that investment products based on the index will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices

LLC is not an investment advisor, and S&P Dow Jones Indices makes no representation regarding the advisability of investing in any such investment fund or other investment vehicle. A decision to

invest in any such investment fund or other investment vehicle should not be made in reliance on any of the statements set forth in this document. Prospective investors are advised to make an

investment in any such fund or other vehicle only after carefully considering the risks associated with investing in such funds, as detailed in an offering memorandum or similar document that is prepared

by or on behalf of the issuer of the investment fund or other investment product or vehicle. S&P Dow Jones Indices LLC is not a tax advisor. A tax advisor should be consulted to evaluate the impact of

any tax-exempt securities on portfolios and the tax consequences of making any particular investment decision. Inclusion of a security within an index is not a recommendation by S&P Dow Jones Indices

to buy, sell, or hold such security, nor is it considered to be investment advice.

These materials have been prepared solely for informational purposes based upon information generally available to the public and from sources believed to be reliable. No content contained in these

materials (including index data, ratings, credit-related analyses and data, research, valuations, model, software or other application or output therefrom) or any part thereof (“Content”) may be modified,

reverse-engineered, reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written permission of S&P Dow Jones Indices. The Content shall

not be used for any unlawful or unauthorized purposes. S&P Dow Jones Indices and its third-party data providers and licensors (collectively “S&P Dow Jones Indices Parties”) do not guarantee the

accuracy, completeness, timeliness or availability of the Content. S&P Dow Jones Indices Parties are not responsible for any errors or omissions, regardless of the cause, for the results obtained from the

use of the Content. THE CONTENT IS PROVIDED ON AN “AS IS” BASIS. S&P DOW JONES INDICES PARTIES DISCLAIM ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT

NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, FREEDOM FROM BUGS, SOFTWARE ERRORS OR DEFECTS, THAT

THE CONTENT’S FUNCTIONING WILL BE UNINTERRUPTED OR THAT THE CONTENT WILL OPERATE WITH ANY SOFTWARE OR HARDWARE CONFIGURATION. In no event shall S&P Dow

Jones Indices Parties be liable to any party for any direct, indirect, incidental, exemplary, compensatory, punitive, special or consequential damages, costs, expenses, legal fees, or losses (including,

without limitation, lost income or lost profits and opportunity costs) in connection with any use of the Content even if advised of the possibility of such damages.

S&P Global keeps certain activities of its various divisions and business units separate from each other in order to preserve the independence and objectivity of their respective activities. As a result,

certain divisions and business units of S&P Global may have information that is not available to other business units. S&P Global has established policies and procedures to maintain the confidentiality of

certain non-public information received in connection with each analytical process.

In addition, S&P Dow Jones Indices provides a wide range of services to, or relating to, many organizations, including issuers of securities, investment advisers, broker-dealers, investment banks, other

financial institutions and financial intermediaries, and accordingly may receive fees or other economic benefits from those organizations, including organizations whose securities or services they may

recommend, rate, include in model portfolios, evaluate or otherwise address.

ASX, ALL ORDINARIES are trademarks of ASX Operations Pty Ltd. and have been licensed for use by S&P Dow Jones Indices.

NZX and NXAZ are trademarks of NZX Limited and have been licensed for use by S&P Dow Jones Indices.

BMV is a trademark of Bolsa Mexicana de Valores, S.A.B. de C.V. and has been licensed for use by S&P Dow Jones Indices.

BVL is a trademark of Bolsa de Valores de Lima S.A. and has been licensed for use by S&P Dow Jones Indices.

CLX is a trademark of the Bolsa de Santiago and has been licensed for use by S&P Dow Jones Indices.

GSCI is a registered trademark of The Goldman Sachs Group, Inc. (“Goldman”) and has been licensed for use by S&P Dow Jones Indices. The S&P GSCI index is not created, owned, endorsed,

sponsored, sold or promoted by Goldman or its affiliates and Goldman bears no liability with respect to such index or data related thereto. Goldman provides no guarantee as to the accuracy and/or the

completeness of the S&P GSCI index or any data related thereto.

HKEx is a trademark of HKEx Information Services Limited and has been licensed for use by S&P Dow Jones Indices.

LSTA is a trademark of Loan Syndications and Trading Association, Inc. and has been licensed for use by S&P Dow Jones Indices.

JPX is a trademark of Japan Exchange Group, Inc. and has been licensed for use by S&P Dow Jones Indices.

MERVAL is a trademark of Bolsas y Mercados Argentinos S.A. and has been licensed for use by S&P Dow Jones Indices.

TOPIX is a trademark of Tokyo Stock Exchange and has been licensed for use by S&P Dow Jones Indices.

TSX is a trademark of TSX, Inc. and has been licensed for use by S&P Dow Jones Indices.

VIX is a trademark of Chicago Board Options Exchange, Incorporated and has been licensed for use by S&P Dow Jones Indices.