Ordinary Adjustment | SOLACTIVE PANTHERA WORLD MARKET PORTFOLIO INDEX | April 2019
In the ordinary rebalancing the following composition will be implemented:
| Security Name | Index Weighting |
| ISHARES RUSSELL 3000 ETF | 6.0900% |
| ISHARES MSCI CHINA INDEX FUND | 1.0161% |
| ISHARES MSCI JAPAN ETF | 1.1052% |
| ISHARES MSCI UNITED KINGDOM ETF | 0.6441% |
| ISHARES MSCI HONG KONG ETF | 0.4902% |
| ISHARES MSCI CANADA ETF | 0.3773% |
| ISHARES MSCI FRANCE ETF | 0.5338% |
| ISHARES MSCI GERMANY ETF | 0.3586% |
| ISHARES MSCI SWITZERLAND ETF | 0.3246% |
| ISHARES MSCI AUSTRALIA ETF | 0.2877% |
| ISHARES MSCI SOUTH KOREA ETF | 0.2438% |
| ISHARES MSCI TAIWAN ETF | 0.2089% |
| ISHARES MSCI SOUTH AFRICA ET | 0.1929% |
| ISHARES MSCI INDIA INDEX FUND | 0.2014% |
| ISHARES MSCI SPAIN ETF | 0.1756% |
| ISHARES MSCI NETHERLANDS ETF | 0.1539% |
| ISHARES MSCI SWEDEN ETF | 0.1102% |
| ISHARES MSCI BRAZIL ETF | 0.1624% |
| ISHARES MSCI ITALY ETF | 0.1337% |
| ISHARES MSCI RUSSIA ETF | 0.1096% |
| ISHARES MSCI THAILAND ETF | 0.1068% |
| ISHARES MSCI SINGAPORE ETF | 0.0836% |
| ISHARES MSCI BELGIUM ETF | 0.0752% |
| ISHARES MSCI INDONESIA INVESTABLE MARKET INDEX FUND | 0.1047% |
| ISHARES MSCI DENMARK ETF | 0.1819% |
| ISHARES MSCI MEXICO ETF | 0.0555% |
| ISHARES MSCI MALAYSIA ETF | 0.0520% |
| ISHARES MSCI FINLAND ETF | 0.0610% |
| ISHARES MSCI NORWAY ETF | 0.0474% |
| ISHARES MSCI NEW ZEALAND ETF | 0.0412% |
| ISHARES MSCI PHILIPPINES INVESTABLE MARKET INDEX FUND | 0.0384% |
| ISHARES MSCI TURKEY ETF | 0.0222% |
| ISHARES MSCI IRELAND ETF | 0.0247% |
| ISHARES MSCI CHILE ETF | 0.0335% |
| ISHARES MSCI ISRAEL ETF | 0.0277% |
| ISHARES MSCI QATAR ETF | 0.0270% |
| GLOBAL X MSCI ARGENTINA ETF | 0.0052% |
| ISHARES MSCI POLAND ETF | 0.0620% |
| ISHARES MSCI COLOMBIA ETF | 0.0223% |
| ISHARES MSCI PERU ETF | 0.0227% |
| ISHARES MSCI AUSTRIA ETF | 0.0190% |
| GLOBAL X MSCI PAKISTAN ETF | 0.0114% |
| GLOBAL X MSCI NIGERIA ETF | 0.0066% |
| VANECK VECTORS VIETNAM ETF | 0.0280% |
| GLOBAL X MSCI GREECE ETF | 0.0104% |
| VANECK VECTORS EGYPT INDEX ETF | 0.0020% |
| GLOBAL X MSCI PORTUGAL ETF | 0.0138% |
| ISHARES 1-3 YEAR TREASURY BO | 2.3820% |
| ISHARES 3-7 YEAR TREASURY BO | 0.9344% |
| ISHARES 7-10 YEAR TREASURY B | 0.9429% |
| ISHARES 10-20 YEAR TREASURY | 0.2713% |
| ISHARES 20+ YEAR TREASURY BO | 0.2740% |
| ISHARES CANADIAN GOVERNMENT BOND INDEX ETF | 0.2348% |
| ISHARES EUR GOVT BOND 1-3YR UCITS ETF EUR DIST | 0.9804% |
| ISHARES EUR GOVT BOND 3-5YR UCITS ETF EUR DIST | 0.5679% |
| ISHARES EUR GOVT BOND 7-10YR UCITS ETF EUR DIST | 0.3089% |
| ISHARES EUR GOVT BOND 15-30YR UCITS ETF EUR DIST | 0.4628% |
| VANGUARD UK GILT UCITS ETF | 0.5178% |
| INVESCO CURRENCYSHARES JAPANESE YEN TRUST | 3.9290% |
| ISHARES JP MORGAN EM LOCAL GOVERNMENT BOND UCITS ETF | 0.1774% |
| CSOP CHINA 5-YEAR TREASURY BOND ETF HKD | 0.8726% |
| ISHARES EUR CORP BOND FINANCIALS UCITS ETF | 2.2869% |
| ISHARES U.S. FINANCIALS ETF | 4.0505% |
| ISHARES CORE GBP CORP BOND UCITS ETF | 0.6596% |
| ISHARES IBOXX INVESTMENT GRA | 0.9613% |
| ISHARES IBOXX HIGH YIELD COR | 4.3280% |
| ISHARES EUR CORP BOND EX-FINANCIALS UCITS ETF | 0.3623% |
| ISHARES GBP CORP BOND EX-FINANCIALS UCITS ETF GBP DIST | 0.1100% |
| ISHARES JP MORGAN USD EM CORP BOND UCITS ETF | 0.7173% |
| ISHARES EUR COVERED BOND UCITS ETF EUR DIST | 0.2639% |
| ISHARES MBS ETF | 1.9802% |
| ISHARES EUR HIGH YIELD CORP BOND UCITS ETF EUR DIST | 5.6608% |
| CSOP CHINA ULTRA SHORT-TERMBOND ETF HKD | 2.4829% |
| SPDR MSCI World Small Cap UCIT | 21.2807% |
| ISHARES GLOBAL REIT ETF | 20.8968% |
| ISHARES GLOBAL TIMBER & FORE | 1.3672% |
| ISHARES GLOBAL AGRICULTURE INDEX ETF | 1.4207% |
| YUAN Synthetic Instrument | 1.2087% |
| JPY Synthetic Instrument | 1.0393% |
| EUR Synthetic Instrument | 1.3893% |
| USD INSTRUMENT | 0.5713% |