As of: Jan 05, 2024

Effective date S&P 500 Value (NTR)

1/5/2023 3770.44
1/6/2023 3857.75
1/9/2023 3855.15
1/10/2023 3884.43
1/11/2023 3929.12
1/12/2023 3945.84
1/13/2023 3960.08
1/17/2023 3940.63
1/18/2023 3871.46
1/19/2023 3832.05
1/20/2023 3900.33
1/23/2023 3945.05
1/24/2023 3942.44
1/25/2023 3947.31
1/26/2023 3980.65
1/27/2023 3988.76
1/30/2023 3949.41
1/31/2023 4006.77
2/1/2023 4046.06
2/2/2023 4117.24
2/3/2023 4060.02
2/6/2023 4033.04
2/7/2023 4070.32
2/8/2023 4030.72
2/9/2023 3986.88
2/10/2023 3995.78
2/13/2023 4047.48
2/14/2023 4038.62
2/15/2023 4052.62
2/16/2023 4004.64
2/17/2023 3999.97
2/21/2023 3915.58
2/22/2023 3906.76
2/23/2023 3916.52
2/24/2023 3884.64
2/27/2023 3890.57
2/28/2023 3885.01
3/1/2023 3864.91
3/2/2023 3896.4
3/3/2023 3957.36
3/6/2023 3948.45
 3/7/2023 3883.22
3/8/2023 3887.71
3/9/2023 3806.02
3/10/2023 3748.55
3/13/2023 3724.02
3/14/2023 3782.81
3/15/2023 3747.92
3/16/2023 3809.08
3/17/2023 3749.8
3/20/2023 3782.76
3/21/2023 3827.38
3/22/2023 3751.58
3/23/2023 3752.59
3/24/2023 3779.32
3/27/2023 3798.96
3/28/2023 3799.32
3/29/2023 3858.98
3/30/2023 3879.62
3/31/2023 3933.59
4/3/2023 3934.9
4/4/2023 3909.67
4/5/2023 3901.43
4/6/2023 3913.49
4/10/2023 3924.77
4/11/2023 3931.57
4/12/2023 3915.1
4/13/2023 3955.77
4/14/2023 3950.13
4/17/2023 3978.79
4/18/2023 3981.81
4/19/2023 3984.03
4/20/2023 3957.67
4/21/2023 3964.06
4/24/2023 3964.3
4/25/2023 3898.98
4/26/2023 3878.88
4/27/2023 3965.59
4/28/2023 3999.4
5/1/2023 3994.19
5/2/2023 3944.88
5/3/2023 3912.39
5/4/2023 3880.82
5/5/2023 3941.56
5/8/2023 3940.26
5/9/2023 3925.4
5/10/2023 3933
5/11/2023 3917.52
5/12/2023 3908.32
5/15/2023 3929.17
5/16/2023 3890.65
5/17/2023 3945.44
5/18/2023 3979.51
5/19/2023 3966.29
5/22/2023 3967.99
5/23/2023 3924.51
5/24/2023 3890.11
5/25/2023 3892.68
5/26/2023 3944.7
5/30/2023 3941.79
5/31/2023 3920.7
6/1/2023 3953.23
6/2/2023 4023.43
6/5/2023 4010.67
6/6/2023 4032.62
6/7/2023 4039.28
6/8/2023 4052.61
6/9/2023 4052.34
6/12/2023 4082.88
6/13/2023 4112.98
6/14/2023 4117.79
6/15/2023 4173.76
6/16/2023 4160.36
6/20/2023 4128.91
6/21/2023 4110.99
6/22/2023 4107.18
6/23/2023 4078.48
6/26/2023 4080.48
6/27/2023 4127.74
6/28/2023 4122.43
6/29/2023 4145.56
6/30/2023 4188.4
7/3/2023 4198.2
7/5/2023 4188.57
7/6/2023 4153.79
7/7/2023 4151.08
7/10/2023 4173.64
7/11/2023 4216.6
7/12/2023 4246.79
7/13/2023 4274.72
7/14/2023 4253.84
7/17/2023 4257.81
7/18/2023 4292.14
7/19/2023 4312.74
7/20/2023 4299.25
7/21/2023 4298.34
7/24/2023 4312.02
7/25/2023 4315.42
7/26/2023 4316.17
7/27/2023 4287.92
7/28/2023 4323.3
7/31/2023 4329.59
8/1/2023 4319.63
 8/2/2023 4268.38
8/3/2023 4250.15
8/4/2023 4247.23
8/7/2023 4295.04
8/8/2023 4268.36
8/9/2023 4238.71
8/10/2023 4239.95
8/11/2023 4238.41
8/14/2023 4246.67
8/15/2023 4191.45
8/16/2023 4159.68
8/17/2023 4122.32
8/18/2023 4123.26
8/21/2023 4129.45
8/22/2023 4114.34
8/23/2023 4153.52
8/24/2023 4106.12
8/25/2023 4131.2
8/28/2023 4158.5
8/29/2023 4207.28
8/30/2023 4214.28
8/31/2023 4208.19
9/1/2023 4219.01
9/5/2023 4184.57
9/6/2023 4174.26
9/7/2023 4168.28
9/8/2023 4175.22
9/11/2023 4202.82
9/12/2023 4187.63
9/13/2023 4187.25
9/14/2023 4230.13
9/15/2023 4183.5
9/18/2023 4180.75
9/19/2023 4169.53
9/20/2023 4140.24
9/21/2023 4073.48
9/22/2023 4057.56
9/25/2023 4068.63
9/26/2023 4006.14
9/27/2023 4000.68
9/28/2023 4022.25
9/29/2023 4011.2
10/2/2023 3988.67
10/3/2023 3933.38
10/4/2023 3960.86
10/5/2023 3950.77
10/6/2023 3994.02
10/9/2023 4016.91
10/10/2023 4045.72
10/11/2023 4060.32
10/12/2023 4022.11
10/13/2023 4001.5
10/16/2023 4048.65
10/17/2023 4058.72
10/18/2023 3998.73
10/19/2023 3972.25
10/20/2023 3925.95
10/23/2023 3914.22
10/24/2023 3947
10/25/2023 3902.46
10/26/2023 3873.31
10/27/2023 3850.88
10/30/2023 3904.99
10/31/2023 3940.39
11/1/2023 3974.76
11/2/2023 4048.51
11/3/2023 4099.95
11/6/2023 4093.52
11/7/2023 4097.6
11/8/2023 4094.86
11/9/2023 4065.97
11/10/2023 4123.16
11/13/2023 4114.61
11/14/2023 4210.62
11/15/2023 4226.33
11/16/2023 4228.25
11/17/2023 4239.39
11/20/2023 4266.48
11/21/2023 4252.43
11/22/2023 4277.18
11/24/2023 4286.84
11/27/2023 4277.64
11/28/2023 4282.37
11/29/2023 4286.07
11/30/2023 4314.48
12/1/2023 4352.89
12/4/2023 4339.69
12/5/2023 4317.86
12/6/2023 4309.32
12/7/2023 4336.64
12/8/2023 4356.6
12/11/2023 4386.24
12/12/2023 4405.98
12/13/2023 4474.8
12/14/2023 4506.24
12/15/2023 4499.24
12/18/2023 4504.32
12/19/2023 4537.41
12/20/2023 4464.37
12/21/2023 4506.48
12/22/2023 4522.79
12/26/2023 4547.23
 12/27/2023 4554.31
12/28/2023 4560.4
12/29/2023 4551.01
1/2/2024 4578.83
1/3/2024 4543.25
1/4/2024 4539.33
1/5/2024 4550.92

PERFORMANCE DISCLOSURE

Source: S&P Dow Jones Indices LLC.

The launch date of the S&P 500 Value was May 30, 1992.

All information presented prior to an index’s Launch Date is hypothetical (back-tested), not actual performance,
However, when creating back-tested history for periods of market anomalies or other periods that do not reflect
be relaxed to capture a large enough universe of securities to simulate the target market the index is designed
market capitalization and liquidity thresholds may be reduced. In addition, forks have not been factored into the
S&P Cryptocurrency Top 5 & 10 Equal Weight Indices, the custody element of the methodology was not conside
custody element as of the Launch Date. Complete index methodology details are available at www.spglobal.com
methodology and selection of index constituents with the benefit of hindsight and knowledge of factors that ma
risk that may affect results and may be considered to reflect survivor/look ahead bias. Actual returns may differ
performance is not an indication or guarantee of future results.

Please refer to the methodology for the Index for more details about the index, including the manner in which it
deletions, as well as all index calculations. Back-tested performance is for use with institutions only; not for use

S&P Dow Jones Indices defines various dates to assist our clients in providing transparency. The First Value Date
tested) for a given index. The Base Date is the date at which the index is set to a fixed value for calculation pur
are first considered live: index values provided for any date or time period prior to the index’s Launch Date are
the date by which the values of an index are known to have been released to the public, for example via the co
branded indices introduced prior to May 31, 2013, the Launch Date (which prior to May 31, 2013, was termed “D
permitted to be made to the index methodology, but that may have been prior to the Index’s public release dat

Typically, when S&P DJI creates back-tested index data, S&P DJI uses actual historical constituent-level data (e.g
calculations. As ESG investing is still in early stages of development, certain datapoints used to calculate S&P D
tested history. The same data availability issue could be true for other indices as well. In cases when actual data
process of using “Backward Data Assumption” (or pulling back) of ESG data for the calculation of back-tested hi
applies the earliest actual live data point available for an index constituent company to all prior historical instan
inherently assumes that companies currently not involved in a specific business activity (also known as “produc
assumes that companies currently involved in a specific business activity were involved historically too. The Bac
over more historical years than would be feasible using only actual data. For more information on “Backward Da
https://www.spglobal.com/spdji/en/education/article/faq-esg-back-testing-backward-data-assumption-overview/.
assumption in the back-tested history will explicitly state so. The methodology will include an Appendix with a t
which backward projected data was used.

Index returns shown do not represent the results of actual trading of investable assets/securities. S&P Dow Jone
performance shown or discussed but does not manage actual assets. Index returns do not reflect payment of an
underlying the Index or investment funds that are intended to track the performance of the Index. The impositio
performance of the securities/fund to be lower than the Index performance shown. As a simple example, if an in
US $10,000) and an actual asset-based fee of 1.5% was imposed at the end of the period on the investment plu
$8,350) for the year. Over a three-year period, an annual 1.5% fee taken at year end with an assumed 10% retu
fee of US $5,375, and a cumulative net return of 27.2% (or US $27,200).

GENERAL DISCLAIMER

© 2024 S&P Dow Jones Indices. All rights reserved. Redistribution or reproduction in whole or in part is prohibite
iTraxx are trademarks of S&P Global, Inc. or its affiliates; DOW JONES is a registered trademark of Dow Jones Tra
 ted), not actual performance, and is based on the index methodology in effect on the index launch date.
her periods that do not reflect the general current market environment, index methodology rules may
market the index is designed to measure or strategy the index is designed to capture. For example,
ave not been factored into the back-test data with respect to the S&P Cryptocurrency Indices. For the
methodology was not considered; the back-test history is based on the index constituents that meet the
available at www.spglobal.com/spdji/en/. Back-tested performance reflects application of an index
knowledge of factors that may have positively affected its performance, cannot account for all financial
bias. Actual returns may differ significantly from, and be lower than, back-tested returns. Past

cluding the manner in which it is rebalanced, the timing of such rebalancing, criteria for additions and
h institutions only; not for use with retail investors.

sparency. The First Value Date is the first day for which there is a calculated value (either live or back-
fixed value for calculation purposes. The Launch Date designates the date when the values of an index
the index’s Launch Date are considered back-tested. S&P Dow Jones Indices defines the Launch Date as
public, for example via the company’s public website or its data feed to external parties. For Dow Jones-
May 31, 2013, was termed “Date of introduction”) is set at a date upon which no further changes were
the Index’s public release date.

cal constituent-level data (e.g., historical price, market capitalization, and corporate action data) in its
oints used to calculate S&P DJI’s ESG indices may not be available for the entire desired period of back-
well. In cases when actual data is not available for all relevant historical periods, S&P DJI may employ a
e calculation of back-tested historical performance. “Backward Data Assumption” is a process that
ny to all prior historical instances in the index performance. For example, Backward Data Assumption
ctivity (also known as “product involvement”) were never involved historically and similarly also
olved historically too. The Backward Data Assumption allows the hypothetical back-test to be extended
information on “Backward Data Assumption” please refer to the FAQ
d-data-assumption-overview/. The methodology and factsheets of any index that employs backward
include an Appendix with a table setting forth the specific data points and relevant time period for

sets/securities. S&P Dow Jones Indices maintains the index and calculates the index levels and
s do not reflect payment of any sales charges or fees an investor may pay to purchase the securities
nce of the Index. The imposition of these fees and charges would cause actual and back-tested
. As a simple example, if an index returned 10% on a US $100,000 investment for a 12-month period (or
period on the investment plus accrued interest (or US $1,650), the net return would be 8.35% (or US
end with an assumed 10% return per year would result in a cumulative gross return of 33.10%, a total

in whole or in part is prohibited without written permission. S&P, S&P 500, US 500, The 500, iBoxx, CDX,
ed trademark of Dow Jones Trademark Holdings LLC; and these trademarks have been licensed to S&P