Ordinary Adjustment | SOLACTIVE PANTHERA WORLD MARKET PORTFOLIO INDEX | June 2019
In the ordinary rebalancing the following composition will be implemented:
| EUR SYNTHETIC INSTRUMENT | 1.304012% |
| JPY SYNTHETIC INSTRUMENT | 1.003032% |
| USD INSTRUMENT | 0.538557% |
| YUAN SYNTHETIC INSTRUMENT | 1.105051% |
| CSOP CHINA ULTRA SHORT-TERMBOND ETF HKD | 2.230483% |
| CSOP CHINA 5-YEAR TREASURY BOND ETF HKD | 6.703174% |
| GLOBAL X MSCI ARGENTINA ETF | 0.004872% |
| ISHARES GLOBAL AGRICULTURE INDEX ETF | 1.320223% |
| ISHARES MSCI CHILE ETF | 0.028945% |
| ISHARES MSCI DENMARK ETF | 0.168878% |
| ISHARES MSCI FINLAND ETF | 0.056067% |
| VANECK VECTORS EGYPT INDEX ETF | 0.001997% |
| ISHARES MSCI INDONESIA INVESTABLE MARKET INDEX FUND | 0.097735% |
| ISHARES MSCI IRELAND ETF | 0.023369% |
| ISHARES MSCI ISRAEL ETF | 0.026529% |
| ISHARES JP MORGAN USD EM CORP BOND UCITS ETF | 0.675930% |
| ISHARES MSCI NORWAY ETF | 0.043465% |
| ISHARES MSCI NEW ZEALAND ETF | 0.040374% |
| ISHARES MSCI PHILIPPINES INVESTABLE MARKET INDEX FUND | 0.037992% |
| ISHARES MSCI POLAND ETF | 0.058842% |
| ISHARES MSCI PERU ETF | 0.020099% |
| ISHARES MSCI RUSSIA ETF | 0.114792% |
| ISHARES EUR CORP BOND FINANCIALS UCITS ETF | 2.132633% |
| ISHARES MSCI AUSTRALIA ETF | 0.281467% |
| ISHARES MSCI CANADA ETF | 0.361202% |
| ISHARES MSCI SWEDEN ETF | 0.101707% |
| ISHARES MSCI GERMANY ETF | 0.343171% |
| ISHARES MSCI HONG KONG ETF | 0.438118% |
| ISHARES MSCI ITALY ETF | 0.120695% |
| ISHARES MSCI JAPAN ETF | 1.047193% |
| ISHARES MSCI BELGIUM ETF | 0.069115% |
| ISHARES MSCI SWITZERLAND ETF | 0.316250% |
| ISHARES MSCI MALAYSIA ETF | 0.049455% |
| ISHARES MSCI NETHERLANDS ETF | 0.145298% |
| ISHARES MSCI AUSTRIA ETF | 0.017593% |
| ISHARES MSCI SPAIN ETF | 0.165374% |
| ISHARES MSCI FRANCE ETF | 0.503518% |
| ISHARES MSCI SINGAPORE ETF | 0.078567% |
| ISHARES MSCI TAIWAN ETF | 0.196795% |
| ISHARES MSCI UNITED KINGDOM ETF | 0.599966% |
| ISHARES MSCI MEXICO ETF | 0.053093% |
| ISHARES MSCI SOUTH KOREA ETF | 0.217083% |
| ISHARES MSCI BRAZIL ETF | 0.161736% |
| ISHARES MSCI SOUTH AFRICA ET | 0.177545% |
| INVESCO CURRENCYSHARES JAPANESE YEN TRUST | 3.808349% |
| GLOBAL X MSCI GREECE ETF | 0.011116% |
| ISHARES IBOXX HIGH YIELD COR | 4.101128% |
| ISHARES EURO GOVT 15-30YR | 0.441215% |
| ISHARES EUR GOVT BOND 7-10YR UCITS ETF EUR DIST | 0.291111% |
| ISHARES EUR GOVT 1-3YR | 0.934906% |
| ISHARES EUR GOVT BOND 3-5YR UCITS ETF EUR DIST | 0.530066% |
| ISHARES MSCI COLOMBIA ETF | 0.018553% |
| ISHARES EURO COVERED BOND | 0.245478% |
| ISHARES 7-10 YEAR TREASURY B | 0.904089% |
| ISHARES 3-7 YEAR TREASURY BO | 0.889333% |
| ISHARES EUR CORP BOND EX-FINANCIALS UCITS ETF | 0.336365% |
| ISHARES EUR HIGH YIELD CORP BOND UCITS ETF EUR DIST | 5.363646% |
| ISHARES MSCI INDIA INDEX FUND | 0.202053% |
| ISHARES GBP CORP BOND EX-FINANCIALS UCITS ETF GBP DIST | 0.100390% |
| ISHARES RUSSELL 3000 ETF | 5.728247% |
| ISHARES U.S. FINANCIALS ETF | 3.833595% |
| ISHARES IBOXX INVESTMENT GRA | 0.912278% |
| ISHARES MBS ETF | 1.861074% |
| ISHARES MSCI CHINA INDEX FUND | 0.906821% |
| GLOBAL X MSCI NIGERIA ETF | 0.006011% |
| GLOBAL X MSCI PAKISTAN ETF | 0.009687% |
| GLOBAL X MSCI PORTUGAL ETF | 0.012955% |
| ISHARES MSCI QATAR ETF | 0.026904% |
| ISHARES GLOBAL REIT ETF | 19.984915% |
| ISHARES JP MORGAN EM LOCAL GOVERNMENT BOND UCITS ETF | 0.165876% |
| ISHARES 1-3 YEAR TREASURY BO | 2.306988% |
| ISHARES CORE GBP CORP BOND UCITS ETF | 0.602003% |
| ISHARES MSCI THAILAND ETF | 0.103152% |
| ISHARES 10-20 YEAR TREASURY | 0.262363% |
| ISHARES 20+ YEAR TREASURY BO | 0.268300% |
| ISHARES MSCI TURKEY ETF | 0.020177% |
| VANGUARD UK GILT UCITS ETF | 0.476640% |
| VANECK VECTORS VIETNAM ETF | 0.027130% |
| ISHARES GLOBAL TIMBER & FORE | 1.143751% |
| SPDR MSCI WORLD SMALL CAP UCIT | 19.760869% |
| ISHARES CANADIAN GOVERNMENT BOND INDEX ETF | 0.220473% |