Ordinary Adjustment | SOLACTIVE PANTHERA WORLD MARKET PORTFOLIO INDEX | May 2019
In the ordinary rebalancing the following composition will be implemented:
| Security Name | Index Weighting |
| EUR SYNTHETIC INSTRUMENT | 1.306338% |
| JPY SYNTHETIC INSTRUMENT | 0.972417% |
| USD INSTRUMENT | 0.537305% |
| YUAN SYNTHETIC INSTRUMENT | 1.134592% |
| CSOP CHINA ULTRA SHORT-TERMBOND ETF HKD | 2.267954% |
| CSOP CHINA 5-YEAR TREASURY BOND ETF HKD | 6.738235% |
| GLOBAL X MSCI ARGENTINA ETF | 0.004116% |
| ISHARES GLOBAL AGRICULTURE INDEX ETF | 1.379029% |
| ISHARES MSCI CHILE ETF | 0.030155% |
| ISHARES MSCI DENMARK ETF | 0.171136% |
| ISHARES MSCI FINLAND ETF | 0.055779% |
| VANECK VECTORS EGYPT INDEX ETF | 0.002007% |
| ISHARES MSCI INDONESIA INVESTABLE MARKET INDEX FUND | 0.095878% |
| ISHARES MSCI IRELAND ETF | 0.023590% |
| ISHARES MSCI ISRAEL ETF | 0.026340% |
| ISHARES JP MORGAN USD EM CORP BOND UCITS ETF | 0.676212% |
| ISHARES MSCI NORWAY ETF | 0.044300% |
| ISHARES MSCI NEW ZEALAND ETF | 0.038474% |
| ISHARES MSCI PHILIPPINES INVESTABLE MARKET INDEX FUND | 0.035829% |
| ISHARES MSCI POLAND ETF | 0.058707% |
| ISHARES MSCI PERU ETF | 0.020337% |
| ISHARES MSCI RUSSIA ETF | 0.104623% |
| ISHARES EUR CORP BOND FINANCIALS UCITS ETF | 2.075317% |
| ISHARES MSCI AUSTRALIA ETF | 0.267149% |
| ISHARES MSCI CANADA ETF | 0.354279% |
| ISHARES MSCI SWEDEN ETF | 0.105152% |
| ISHARES MSCI GERMANY ETF | 0.347917% |
| ISHARES MSCI HONG KONG ETF | 0.457729% |
| ISHARES MSCI ITALY ETF | 0.124933% |
| ISHARES MSCI JAPAN ETF | 1.022700% |
| ISHARES MSCI BELGIUM ETF | 0.071389% |
| ISHARES MSCI SWITZERLAND ETF | 0.299667% |
| ISHARES MSCI MALAYSIA ETF | 0.046884% |
| ISHARES MSCI NETHERLANDS ETF | 0.144811% |
| ISHARES MSCI AUSTRIA ETF | 0.018329% |
| ISHARES MSCI SPAIN ETF | 0.165338% |
| ISHARES MSCI FRANCE ETF | 0.509283% |
| ISHARES MSCI SINGAPORE ETF | 0.079858% |
| ISHARES MSCI TAIWAN ETF | 0.196489% |
| ISHARES MSCI UNITED KINGDOM ETF | 0.604333% |
| ISHARES MSCI MEXICO ETF | 0.053316% |
| ISHARES MSCI SOUTH KOREA ETF | 0.224040% |
| ISHARES MSCI BRAZIL ETF | 0.148446% |
| ISHARES MSCI SOUTH AFRICA ET | 0.181236% |
| INVESCO CURRENCYSHARES JAPANESE YEN TRUST | 3.703953% |
| GLOBAL X MSCI GREECE ETF | 0.010031% |
| ISHARES IBOXX HIGH YIELD COR | 4.128139% |
| ISHARES EUR GOVT BOND 15-30YR UCITS ETF EUR DIST | 0.437376% |
| ISHARES EUR GOVT BOND 7-10YR UCITS ETF EUR DIST | 0.292900% |
| ISHARES EUR GOVT BOND 1-3YR UCITS ETF EUR DIST | 0.938312% |
| ISHARES EUR GOVT BOND 3-5YR UCITS ETF EUR DIST | 0.538553% |
| ISHARES MSCI COLOMBIA ETF | 0.019315% |
| ISHARES EUR COVERED BOND UCITS ETF EUR DIST | 0.248007% |
| ISHARES 7-10 YEAR TREASURY B | 0.891268% |
| ISHARES 3-7 YEAR TREASURY BO | 0.887399% |
| ISHARES EUR CORP BOND EX-FINANCIALS UCITS ETF | 0.339616% |
| ISHARES EUR HIGH YIELD CORP BOND UCITS ETF EUR DIST | 5.404526% |
| ISHARES MSCI INDIA INDEX FUND | 0.186575% |
| ISHARES GBP CORP BOND EX-FINANCIALS UCITS ETF GBP DIST | 0.103166% |
| ISHARES RUSSELL 3000 ETF | 5.770191% |
| ISHARES U.S. FINANCIALS ETF | 3.895084% |
| ISHARES IBOXX INVESTMENT GRA | 0.899419% |
| ISHARES MBS ETF | 1.858545% |
| ISHARES MSCI CHINA INDEX FUND | 0.923138% |
| GLOBAL X MSCI NIGERIA ETF | 0.005649% |
| GLOBAL X MSCI PAKISTAN ETF | 0.009843% |
| GLOBAL X MSCI PORTUGAL ETF | 0.013006% |
| ISHARES MSCI QATAR ETF | 0.025519% |
| ISHARES GLOBAL REIT ETF | 19.247750% |
| ISHARES JP MORGAN EM LOCAL GOVERNMENT BOND UCITS ETF | 0.168906% |
| ISHARES 1-3 YEAR TREASURY BO | 2.291315% |
| ISHARES CORE GBP CORP BOND UCITS ETF | 0.597830% |
| ISHARES MSCI THAILAND ETF | 0.098952% |
| ISHARES 10-20 YEAR TREASURY | 0.254736% |
| ISHARES 20+ YEAR TREASURY BO | 0.255112% |
| ISHARES MSCI TURKEY ETF | 0.019489% |
| VANGUARD UK GILT UCITS ETF | 0.484348% |
| VANECK VECTORS VIETNAM ETF | 0.025445% |
| ISHARES GLOBAL TIMBER & FORE | 1.283258% |
| SPDR MSCI WORLD SMALL CAP UCIT | 20.299720% |
| ISHARES CANADIAN GOVERNMENT BOND INDEX ETF | 0.221657% |