ASYMmetric 500 Index

The ASYMmetric 500 Index (“ASPY” or the “Index”) is a rules-based, quantitative long/short hedging strategy that seeks to provide protection against bear market losses and to capture the majority of bull market gains with respect to exposure to the 500 largest capitalized equity securities publicly traded in the United States. The Index is powered by the Index Owner’s proprietary ASYMmetric Risk Management Technology™.