Ordinary Index Rebalancing and Methodology Change in the Concinnity Conscious Companies Index PR Index | April 2020

“Given recent and extraordinary structural changes to the US large cap market, adhering to index guidelines for risk exposures requires adjustment to the Conscious Companies Index weighting scheme.

Examination of risk exposures in the KRMATR/KRMAPR indexes shows tracking error to the Solactive US Large Cap Index has increased from 2.6% to 3.6%. To alleviate this growing risk, the Conscious Companies Index committee has voted to adjust the weighting scheme to prevent assigning any individual stock more than a -1% active underweight, while maintaining equal weighting for all remaining stocks.

In addition, due to the extreme economic upheaval caused by the SARS-CoV-2 coronavirus, the index committee has also voted to remove stocks in highly effected industries that have fallen below thresholds of financial health used for the annual index construction.”

In the ordinary rebalance the following composition will be implemented:

3M COMPANY
ABBOTT LABORATORIES
ABBVIE INC
ACCENTURE PLC-CL A
ADOBE INC
AFLAC INC
AGILENT TECHNOLOGIES INC
AIR PRODUCTS & CHEMICALS INC
AKAMAI TECHNOLOGIES INC
ALLSTATE CORP
ALPHABET INC-CL A
AMAZON.COM INC
AMERICAN EXPRESS CO
AMERICAN WATER WORKS CO INC
AMGEN INC
ANALOG DEVICES INC
APPLE INC
APPLIED MATERIALS INC
AT&T
AUTOMATIC DATA PROCESSING
AVERY DENNISON CORP
BAKER HUGHES CO
BANK OF AMERICA CORP
BAXTER INTL.
BECTON DICKINSON AND CO
BEST BUY CO INC
BIOGEN INC
BLACKROCK INC
BOOKING HOLDINGS INC
BORGWARNER INC
BOSTON SCIENTIFIC CORP
BRISTOL-MYERS SQUIBB CO
BROWN-FORMAN CORP-CLASS B
CAMPBELL SOUP CO
CAPITAL ONE FINL.
CATERPILLAR INC
CBRE GROUP INC
CHEVRON CORP
CISCO SYSTEMS INC
CITIGROUP INC
CLOROX COMPANY
COCA-COLA CO/THE
COGNIZANT TECHNOLOGY SOLUTIONS CORP
COLGATE-PALMOLIVE CO
COMCAST CORP-CLASS A
CONOCOPHILLIPS
COSTCO WHOLESALE CORP
CUMMINS INC
DEERE & CO
DISCOVER FINANCIAL SERVICES
EBAY INC
ECOLAB INC
EDWARDS LIFESCIENCES CORP
ELI LILLY & CO
ENBRIDGE INC
ENTERGY CORP
ESTEE LAUDER COMPANIES INC
EXELON CORP
FACEBOOK INC
FACTSET RESEARCH SYSTEMS INC
FEDEX CORP
GENERAL MILLS INC
GENERAL MOTORS CO
HASBRO INC
HERSHEY CO/THE
HESS CORP
HOME DEPOT INC
HORMEL FOODS CORP
HUMANA INC
ILLINOIS TOOL WORKS
ILLUMINA INC
INGERSOLL-RAND INC
INTEL CORP
INTL FLAVORS & FRAGRANCES
INTUIT COM
IQVIA HOLDINGS INC
JOHNSON & JOHNSON
JONES LANG LASALLE INC
JPMORGAN CHASE & CO
JUNIPER NETWORKS INC
KELLOGG CO
KEYCORP
KEYSIGHT TECHNOLOGIES INC
KIMBERLY-CLARK CORP
KLA CORP
LAM RESEARCH CORP
LITTELFUSE INC
LOWES COS INC
MASTERCARD INC-CLASS A
MCCORMICK & CO-NON VTG SHRS
MERCK & CO. INC.
METTLER-TOLEDO INTL
MICROSOFT CORP
MOODYS CORP
MORGAN STANLEY
NETAPP INC
NETFLIX INC
NEWMONT CORP ORD
NEXTERA ENERGY INC
NIKE INC
NORTHERN TRUST CORP
NVIDIA CORP
OMNICOM GROUP
ON SEMICONDUCTOR CORPORATION
ONEOK INC
ORACLE CORP
OWENS CORNING INC
PEPSICO INC
PERKINELMER INC
PFIZER INC
PINNACLE WEST CAPITAL CORP
PNC FINANCIAL SERVICES GROUP
PROCTER & GAMBLE CO
PROGRESSIVE CORP
PROLOGIS INC
PRUDENTIAL FINANCIAL INC
QUALCOMM INC
REGENERON PHARMACEUTICALS
REPUBLIC SERVICES INC
ROCKWELL AUTOMATION INC
S&P GLOBAL INC
SALESFORCE.COM INC
SEMPRA ENERGY
SONOCO PRODUCTS CO
SOUTHWEST AIRLINES CO
SQUARE INC – A
STARBUCKS CORP
T ROWE PRICE GROUP INC
TEXAS INSTRUMENTS INC
THERMO FISHER SCIENTIFIC INC
TORONTO-DOMINION BANK
TRANE TECHNOLOGIES PLC
TRAVELERS COS INC/THE
UNION PACIFIC CORP
UNITED PARCEL SERVICE-CL B
US BANCORP
VENTAS INC
VERIZON COMMUNICATIONS INC
VERTEX PHARMACEUTICALS INC
VF CORP
VISA INC-CLASS A SHARES
VMWARE INC-CLASS A
WALT DISNEY CO/THE
WASTE MANAGEMENT INC
WATERS CORP
WEC ENERGY GROUP INC
WHIRLPOOL CORP
WORKDAY INC
XILINX INC
XYLEM INC
ZOETIS INC