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Indexes Report Card 2016

Indexes Report Card U.S. Indexes - Annual Returns 2008 2009 2010 2011 2012 2013 2014 2015 2016 Barron's 400 Total Return -39.21 41.12 23.97 0.52 15.08 41.60 7.05-3.10 18.26 Dow Jones US Total Stock Market - Total Return -37.23 28.57 17.49 1.08 16.38 33.47 12.47 0.44 12.62 MG40 Price Return -48.28 37.80 15.82-3.02 11.39 48.59 2.96-11.38-1.07 Russell 3000 - Price Return -38.70 25.46 14.75-0.92 13.98 30.95 10.45-1.47 10.41 MG100 Price Return -45.32 40.92 18.68 1.86 18.68 46.52 8.25-2.98 11.79 Russell 3000 - Price Return -38.70 25.46 14.75-0.92 13.98 30.95 10.45-1.47 10.41 MG200 Price Return -44.08 38.16 22.21 0.31 16.35 40.25 6.14-6.33 13.36 Russell 3000 - Price Return -38.70 25.46 14.75-0.92 13.98 30.95 10.45-1.47 10.41 MG Small Cap Price Return -41.45 33.57 25.02-4.56 15.93 43.70-2.68-8.82 20.19 S&P SmallCap -Price Return -31.99 23.78 24.98-0.16 14.81 39.65 4.44-3.36 24.75 MG Mid Cap Price Return -45.49 38.44 26.98 8.79 14.85 43.82 5.97-10.38 16.43 S&P MidCap - Price Return -37.28 35.00 24.85-3.10 16.07 31.57 8.19-3.71 18.73 MG Large Cap Price Return -44.74 36.75 17.88 3.31 14.40 37.67 12.47-7.21 11.35 S&P 500 Index - Price Return -38.49 23.45 12.78 0.00 13.41 29.60 11.39-0.73 9.54 MG Consumer Discretionary Price Return -34.83 48.49 22.55-0.24 15.43 40.28-0.23-8.24 6.38 S&P Composite 1500 / Consumer Discretionary - Price Return -35.91 41.11 26.80 3.72 21.90 41.28 8.03 6.23 4.98 MG Consumer Staples Price Return -26.89 23.57 19.86 12.89 14.48 42.85 17.98 8.65-0.80 S&P Composite 1500 / Consumer Staples - Price Return -17.81 11.70 11.25 10.84 7.78 23.41 13.48 3.40 3.10 MG Energy Price Return -52.60 58.46 28.40-3.78 2.30 35.08-25.78-37.46 14.38 S&P Composite 1500 / Energy - Price Return -36.81 13.93 18.89 2.07 2.13 22.70-11.26-24.40 23.72 MG Financials Price Return -35.17 9.89 19.92 2.33 12.86 44.94 0.84 5.45 11.85 S&P Composite 1500 / Financials - Price Return -54.02 12.75 11.68-16.58 24.23 31.63 12.62-2.81 21.50 MG Health Care Price Return -26.09 18.86 15.50 17.25 13.71 45.70 23.49 3.61-4.72 S&P Composite 1500 / Health Care - Price Return -25.25 18.33 3.19 9.61 15.88 39.67 22.91 5.83-3.63 MG Industrials Price Return -47.59 33.39 30.42-10.69 16.66 52.11 5.63-7.48 12.79 S&P Composite 1500 / Industrials - Price Return -40.43 18.36 24.68-2.97 13.83 38.43 6.39-4.72 17.80 MG Materials Price Return -52.23 56.85 46.37-6.90 7.89 6.21 0.27-7.75 13.01 S&P Composite 1500 / Materials - Price Return -46.80 46.40 20.64-10.09 13.95 23.34 4.33-11.90 19.08 MG Technology Price Return -41.68 66.58 16.28-10.51 16.13 43.22 11.75 5.83 14.32 S&P Composite 1500 / Technology - Price Return -43.40 59.37 11.13 0.14 13.20 26.97 17.18 4.05 13.01 MG US Income Index Total Return -13.89 38.41 19.96 8.89 8.40 30.17 8.82-7.39 22.09 DJ Select Dividend - Total Return -30.97 11.13 18.32 12.42 10.84 29.06 15.36-1.64 21.98 Risk Managed Indexes U.S.: Risk-Managed MG 100 Index -7.23 40.51 19.41 17.40 17.20 42.66 4.00-11.91 1.50 S&P 500 Index - Price Return -38.49 23.45 12.78 0.00 13.41 29.60 11.39-0.73 9.54 Frequency: Monthly All US indexes returns are price returns except for Barron s 400 Index and MG US Income Index, which are total returns..com 2017. All Rights Reserved. 156 Almeria Avenue, 201 Coral Gables, FL 33134 (888) 529 1767 indexes@marketgrader.com

Indexes Report Card U.S. Indexes - Annualized and Cumulative Returns Annualized Cumulative Ann. Std. Dev. Return / SD Upside Downside Ratio Ann. Avg. Excess Ann. Tracking Error Barron's 400 Total Return 11.14 648.57 22.17 0.50 114.21 107.02 1.07 4.36 6.51 0.67 Dow Jones US Total Stock Market - Total Return 6.78 249.23 20.14 0.34 - - - - - - MG40 Price Return 9.55 260.08 25.12 0.38 125.86 124.67 1.01 2.16 12.25 0.18 Russell 3000 - Price Return 7.39 172.07 19.57 0.38 - - - - - - MG100 Price Return 11.26 366.35 22.97 0.49 122.03 115.12 1.06 4.48 8.95 0.50 Russell 3000 - Price Return 6.79 157.88 19.82 0.34 - - - - - - MG200 Price Return 10.57 321.79 22.25 0.47 117.95 113.95 1.04 3.02 7.36 0.41 Russell 3000 - Price Return 7.55 183.65 19.76 0.38 - - - - - - MG Small Cap Price Return 9.71 277.32 24.16 0.40 102.39 105.02 0.97-1.26 6.76-0.19 S&P SmallCap -Price Return 10.97 344.23 23.46 0.47 - - - - - - MG Mid Cap Price Return 11.42 370.75 22.82 0.50 107.35 106.29 1.01 1.23 6.75 0.18 S&P MidCap - Price Return 10.19 301.67 21.63 0.47 - - - - - - MG Large Cap Price Return 10.38 311.85 21.15 0.49 110.93 104.83 1.06 3.33 7.19 0.46 S&P 500 Index - Price Return 7.05 165.48 19.40 0.36 - - - - - - MG Consumer Discretionary Price Return 9.28 251.25 23.76 0.39 107.16 107.30 1.00 0.50 9.61 0.05 S&P Composite 1500 / Consumer Discretionary - Price Return 8.78 229.28 21.50 0.41 - - - - - - MG Consumer Staples Price Return 11.35 358.09 15.61 0.73 104.93 93.23 1.13 4.09 7.66 0.53 S&P Composite 1500 / Consumer Staples - Price Return 7.26 169.66 13.77 0.53 - - - - - - MG Energy Price Return 7.91 193.70 33.19 0.24 118.28 120.73 0.98-0.38 12.84-0.03 S&P Composite 1500 / Energy - Price Return 8.29 208.70 27.60 0.30 - - - - - - MG Financials Price Return 6.69 150.21 24.28 0.28 82.00 74.33 1.10 4.69 13.83 0.34 S&P Composite 1500 / Financials - Price Return 2.00 32.34 31.29 0.06 - - - - - - MG Health Care Price Return 12.58 435.24 19.56 0.64 108.24 96.81 1.12 5.23 9.81 0.53 S&P Composite 1500 / Health Care - Price Return 7.36 173.14 16.84 0.44 - - - - - - MG Industrials Price Return 9.96 283.29 26.69 0.37 111.54 109.38 1.02 1.96 11.62 0.17 S&P Composite 1500 / Industrials - Price Return 8.00 197.08 21.26 0.38 - - - - - - MG Materials Price Return 10.13 291.77 28.69 0.35 109.53 106.65 1.03 2.39 10.66 0.22 S&P Composite 1500 / Materials - Price Return 7.74 187.29 24.98 0.31 - - - - - - MG Technology Price Return 11.68 377.36 24.55 0.48 108.77 104.73 1.04 2.95 10.66 0.28 S&P Composite 1500 / Technology - Price Return 8.73 226.83 21.97 0.40 - - - - - - MG US Income Index Total Return 11.63 170.34 20.56 0.57 94.92 86.83 1.09 3.58 7.59 0.47 DJ Select Dividend - Total Return 8.05 101.36 22.14 0.36 - - - - - - Risk Managed Indexes U.S.: Risk-Managed MG 100 Index 14.00 434.85 20.52 0.68 116.36 99.01 1.18 8.49 14.31 0.59 S&P 500 Index - Price Return 5.52 98.79 19.43 0.28 - - - - - - * All calculations are using daily frequency except capture ratios which are using weekly frequency Return Dates - Barrons 400 Total Return: 1/2/1998, MG40 Price Return: 1/2/2003, MG100 Price Return: 8/16/2002, MG200 Price Return: 9/20/2002, MG Small Cap Price Return: 9/20/2002, MG Mid Cap Price Return: 9/20/2002, MG Large Cap Price Return: 9/20/2002, MG Consumer Discretionary Price Return: 11/25/2002, MG Consumer Staples Price Return: 11/25/2002, MG Energy Price Return: 11/25/2002, MG Financials Price Return: 11/25/2002, MG Health Care Price Return: 11/25/2002, MG Industrials Price Return: 11/25/2002, MG Materials Price Return: 11/25/2002, MG Technology Price Return: 11/25/2002, MG US Income Index Total Return: 12/31/2007, U.S.: Risk-Managed MG 100 Index: 4/1/2004. Return dates for benchmark indexes vary according to inception dates of indexes as listed above. Info. Ratio.com 2017. All Rights Reserved. 156 Almeria Avenue, 201 Coral Gables, FL 33134 (888) 529 1767 indexes@marketgrader.com

Indexes Report Card Global and Multinational Indexes - Annual Returns 2008 2009 2010 2011 2012 2013 2014 2015 2016 North America Index MG Canada 100 Total Return -48.77 75.29 33.74-11.92 11.26 7.99-0.09-24.60 20.77 Canada S&P TSX Composite -48.06 53.90 20.75-13.22 6.36 2.67-1.46-25.86 21.72 Latin America Indexes MG Brazil 40 Total Return -46.72 157.06 23.75-12.71 23.17-10.74-8.89-38.79 50.72 Brazil Ibovespa - Price Return -55.14 144.35 6.11-27.12-2.16-26.66-13.83-41.76 68.88 MG MILA 40 Total Return -31.73 76.56 49.40-11.48 37.76-1.11-5.87-11.38 3.36 Russell Latin America Total Return -51.90 110.30 20.10-18.62 12.31-13.60-12.65-31.38 31.52 Europe Indexes MG Europe 100-51.37 60.21 22.84-8.45 35.07 33.59-2.09 15.22-4.32 STOXX Europe 600 -Net Return (USD) -47.76 30.80 1.57-14.20 16.15 22.67-8.37-4.13-4.07 MG United Kingdom 100-50.43 71.58 26.87-8.11 28.21 32.83-6.07 7.46-10.94 FTSE 100 - Total Return -48.23 43.01 9.19-2.90 15.03 20.91-5.16-6.72-0.17 Middle East Index MG Israel 40-52.40 108.28 30.24-26.45 16.28 34.83-9.81 2.15 6.54 MSCI Israel - Gross Return -28.84 54.58 5.00-27.60-3.91 11.91 23.68 11.08-24.46 Asia Indexes MG Japan 100-33.06 8.49 20.73 0.34 9.34 54.80-3.29 11.76-6.87 Japan TOPIX 1000 Gross Return -27.32 4.87 15.82-12.88 7.49 27.13-3.51 11.69 3.25 MG Japan 200-33.06 8.49 20.73 0.34 9.34 54.80-3.29 11.76-6.87 Japan TOPIX 1000 Gross Return -27.32 4.87 15.82-12.88 7.49 27.13-3.51 11.69 3.25 MG India 50-66.02 139.92 22.12-44.33 27.36-15.42 36.23 6.18-1.59 S&P BSE SENSEX -61.00 91.91 23.99-35.70 24.05-1.94 29.22-8.10 0.86 MG Asia Pacific 400-55.42 91.97 29.32-15.54 25.54 17.63 7.67 0.99 0.96 Russell Asia Pacific - Total Return -43.22 42.25 19.19-15.05 17.06 12.85 0.86-0.63 5.06 MG Developed AP 200-54.32 72.01 26.48-14.14 21.61 31.69-3.54 2.89-3.96 S&P Asia Pacific BMI- Gross return -38.59 29.67 18.48-12.72 14.98 16.29-3.12 3.31 4.77 MG Emerging AP 200-56.75 112.71 31.76-16.95 29.44 4.70 20.17-1.12 6.02 S&P Emerging Asia Pacific BMI - Gross Return -52.86 81.47 19.73-20.63 21.17 4.72 10.77-7.61 5.06 Global Indexes MG Developed Markets 300-53.05 64.98 23.27-14.53 18.61 28.06-2.98 2.80-6.92 MSCI EAFE - Gross Return -43.06 32.46 8.21-11.73 17.90 23.29-4.48-0.39 1.51 MG Emerging Markets 300-51.98 108.34 28.60-15.87 27.47-2.07 9.47-14.61 10.68 MSCI EM (Emerging Markets) - Gross Return -53.18 79.02 19.20-18.17 18.63-2.27-1.82-14.60 11.60 MG Global 1000-47.31 66.87 25.15-8.93 19.68 23.42 4.65-4.82 8.00 MSCI AC World Index - Gross Return -41.85 35.41 13.21-6.86 16.80 23.44 4.71-1.84 8.48 Frequency: Monthly. All returns in USD. All global indexes returns are total returns, gross returns or net returns..com 2017. All Rights Reserved. 156 Almeria Avenue, 201 Coral Gables, FL 33134 (888) 529 1767 indexes@marketgrader.com

Indexes Report Card Global and Multinational Indexes - Annualized and Cumulative Returns North America Index * All calculations are using daily frequency except capture ratios which are using weekly frequency Annualized Cumulative Ann. Std. Dev. Return / SD Return Dates - MG Canada 100: 1/1/2008, MG Brazil 40: 1/1/2008, MG MILA 40: 1/1/2008, MG Europe 100: 1/1/2008, MG United Kingdom 100: 1/1/2008, MG Israel 40: 1/1/2008, MG Japan 100: 1/1/2008, MG Japan 200: 1/1/2008, MG India 50: 1/1/2008, MG Asia Pacific 400: 1/1/2008, MG Developed AP 200: 1/1/2008, MG Emerging AP 200: 1/1/2008, MG Developed Markets 300: 1/1/2008, MG Emerging Markets 300: 1/1/2008, MG Global 1000: 1/1/2008 Return dates for benchmark indexes vary according to inception dates of indexes as listed above. Upside Downside Ratio Ann. Avg. Excess Ann. Tracking Error MG Canada 100 Total Return 1.62 15.62 33.35 0.05 100.61 94.45 1.07 3.88 24.57 0.16 Canada S&P TSX Composite -2.26-18.67 25.16-0.09 - - - - - - Latin America Indexes MG Brazil 40 Total Return 3.52 36.70 32.55 0.11 85.53 76.82 1.11 10.59 14.36 0.74 Brazil Ibovespa - Price Return -7.07-48.44 38.77-0.18 - - - - - MG MILA 40 Total Return 7.19 87.24 21.16 0.34 67.35 56.77 1.19 10.23 16.05 0.64 Russell Latin America Total Return -3.05-24.38 30.08-0.10 - - - - - - Europe Indexes MG Europe 100 6.09 70.65 24.70 0.25 100.89 85.85 1.18 9.74 8.68 1.12 STOXX Europe 600 -Net Return (USD) -3.64-28.50 25.47-0.14 - - - - - - MG United Kingdom 100 4.73 51.80 25.55 0.19 98.31 89.99 1.09 5.13 11.07 0.46 FTSE 100 - Total Return -0.41-3.61 25.62-0.02 - - - - - - Middle East Index MG Israel 40 4.29 46.12 20.54 0.21 76.35 67.23 1.14 5.05 17.35 0.29 MSCI Israel - Gross Return -0.76-6.67 19.91-0.04 - - - - - - Asia Indexes MG Japan 100 4.58 49.89 24.13 0.19 96.29 90.49 1.06 2.84 10.74 0.26 Japan TOPIX 1000 Gross Return 1.75 16.93 23.26 0.08 - - - - - - MG Japan 200 4.58 49.89 24.13 0.19 96.29 90.49 1.06 2.84 10.74 0.26 Japan TOPIX 1000 Gross Return 1.75 16.93 23.26 0.08 - - - - - - MG India 50-1.78-15.00 28.20-0.06 99.75 99.66 1.00-0.17 12.82-0.01 S&P BSE SENSEX -1.62-13.70 28.72-0.06 - - - - - - MG Asia Pacific 400 4.71 51.53 18.78 0.25 106.30 99.76 1.07 3.27 8.88 0.37 Russell Asia Pacific - Total Return 1.44 13.77 19.31 0.07 - - - - - - MG Developed AP 200 2.97 30.24 19.95 0.15 97.96 95.04 1.03 1.36 10.15 0.13 S&P Asia Pacific BMI- Gross return 1.60 15.45 20.64 0.08 - - - - - - MG Emerging AP 200 6.18 71.88 19.77 0.31 96.91 88.49 1.10 5.03 8.41 0.60 S&P Emerging Asia Pacific BMI - Gross Return 1.15 10.90 20.48 0.06 - - - - - - Global Indexes MG Developed Markets 300 1.57 15.08 21.32 0.07 93.89 91.28 1.03 1.44 11.94 0.12 MSCI EAFE - Gross Return 0.13 1.14 20.67 0.01 - - - - - - MG Emerging Markets 300 3.78 39.80 20.61 0.18 95.08 87.15 1.09 5.10 7.75 0.66 MSCI EM (Emerging Markets) - Gross Return -1.32-11.31 21.81-0.06 - - - - - - MG Global 1000 5.28 59.23 19.58 0.27 105.61 101.69 1.04 2.04 6.58 0.31 MSCI AC World Index - Gross Return 3.25 33.48 18.26 0.18 - - - - - - Info. Ratio.com 2017. All Rights Reserved. 156 Almeria Avenue, 201 Coral Gables, FL 33134 (888) 529 1767 indexes@marketgrader.com

Indexes Report Card China Indexes - Annual Returns 2008 2009 2010 2011 2012 2013 2014 2015 2016 Core Indexes MG China A-Share 100-55.97 148.51 21.91-30.22 14.04 12.32 29.45 72.44-13.61 CSI 300 Index -65.61 98.58-11.58-24.05 9.80-5.33 55.85 7.22-9.26 MG China A-Share 200-57.13 141.59 20.45-29.64 10.96 21.52 35.45 68.26-13.68 CSI All Share Index -63.77 108.10-2.99-27.32 6.24 7.10 48.41 33.78-13.31 Exchange Indexes MG Shanghai 80 Index -56.97 132.37 17.10-30.22 11.65 4.90 40.29 48.69-14.17 Shanghai Composite -65.39 79.98-14.31-21.68 3.17-6.75 52.87 9.41-12.31 MG Shenzhen 80 Index -57.65 157.47 22.72-30.87 10.41 24.97 25.17 75.42-14.34 Shenzhen Composite -61.77 116.89 7.13-32.88 1.42 20.01 33.94 63.38-14.72 Size Indexes MG China A-Share Large 80 Cap -60.20 139.51 14.92-29.73 12.44 10.62 27.64 65.84-14.31 CSI 300 Index -65.61 98.58-11.58-24.05 9.80-5.33 55.85 7.22-9.26 MG China A-Share Small Cap 120 Index -53.41 145.78 20.74-28.44 3.89 37.68 45.61 98.65-7.53 CSI 500 Index -60.61 132.43 10.51-33.49 1.18 18.06 40.45 43.85-17.17 Sector Indexes MG China Consumer Discretionary Index -53.92 147.40 7.83-26.68 3.09 21.18 32.57 61.90-13.94 CSI 300 Consumer Discretionary Index -62.72 131.66-7.34-25.79 9.19 23.27 23.51 29.13-14.22 MG China Consumer Staples Index -48.87 136.94 32.50-17.12 9.42 2.01 7.46 48.07-6.83 CSI 300 Consumer Staples Index -57.39 87.65 15.25-9.14-3.28-3.75 17.37 24.37 11.00 MG China Energy Index -61.35 234.61 6.80-30.74 1.30-17.06 23.04 19.10 3.08 CSI 300 Energy Index -69.37 127.36-11.26-23.17-2.14-31.44 24.12-17.66-1.52 MG China Financials Index -61.83 142.35-23.99-19.72 25.70-4.14 64.32 31.17-12.22 CSI 300 Financials Index -66.38 103.72-26.30-13.84 25.28-6.83 93.30-5.24-6.95 MG China Health Care Index -40.93 129.39 36.14-29.90 13.75 50.35 11.54 74.81-12.08 CSI 300 Health Care Index -45.21 95.59 22.70-32.30 10.08 24.16 6.19 37.32-2.10 MG China Industrials Index -58.27 131.33 23.58-35.38 11.29 28.20 34.93 79.18-14.06 CSI 300 Industrials Index -66.30 72.62 1.53-34.45-1.74-6.04 65.79 13.00-15.34 MG China Materials Index -62.90 129.40 12.93-32.45 6.65 4.04 46.51 62.39-5.79 CSI 300 Materials Index -71.00 119.88-1.92-37.11 7.09-28.10 41.72-1.14-4.22 MG China Technology Index -53.76 120.79 44.40-33.93 0.75 60.38 24.68 122.74-18.83 CSI 300 Information Technology Index -64.59 75.23 19.04-38.93-2.45 40.57 4.19 48.69-19.95 China New Economy -49.11 130.31 30.66-26.66 6.75 32.73 18.94 74.61-12.92 CSI All Share Index -63.77 108.10-2.99-27.32 6.24 7.10 48.41 33.78-13.31 Other Index(es) MG China New Elite 30 Index -46.02 130.05 40.80-18.71 13.36 29.48 25.86 42.42-4.83 CSI 300 Index -65.61 98.58-11.58-24.05 9.80-5.33 55.85 7.22-9.26 Overseas Index MG China Overseas 100-53.96 107.84 15.10-32.32 22.34 32.18-3.42 2.50-5.73 Hang Seng Index -46.07 56.57 8.30-17.31 27.72 6.51 5.47-3.86 4.26 MG China A Shares + HK Connect Index -54.04 135.63 22.13-18.94 18.42 20.72 12.79 26.16-6.56 Hang Seng Index -46.07 56.57 8.30-17.31 27.72 6.51 5.47-3.86 4.26 Frequency: Monthly *All figures are total returns, except for Exchange Indexes, which are price-only returns. All returns are in RMB, except for MG China Overseas Index, MG China A Shares + HK Connect Index and Hang Seng Index, which are in USD..com 2017. All Rights Reserved. 156 Almeria Avenue, 201 Coral Gables, FL 33134 (888) 529 1767 indexes@marketgrader.com

Indexes Report Card China Indexes - Annualized and Cumulative Returns Annualized Cumulative Ann. Std. Dev. Return / SD Upside Downside Ratio Ann. Avg. Excess Ann. Tracking Error Core Indexes MG China A-Share 100 9.69 129.90 31.99 0.30 105.60 89.01 1.19 13.23 15.63 0.85 CSI 300 Index -3.54-27.71 31.31-0.11 - - - - - - MG China A-Share 200 9.85 132.83 32.44 0.30 105.23 94.02 1.12 9.40 8.59 1.09 CSI All Share Index 0.45 4.11 31.73 0.01 - - - - - - Exchange Indexes MG Shanghai 80 Index 6.17 71.36 32.27 0.19 118.13 100.44 1.18 11.86 13.10 0.91 Shanghai Composite -5.70-41.01 28.97-0.20 - - - - - - MG Shenzhen 80 Index 10.22 140.08 32.74 0.31 101.04 93.63 1.08 6.79 6.56 1.04 Shenzhen Composite 3.43 35.43 33.65 0.10 - - - - - - Size Indexes MG China A-Share Large 80 Cap 6.33 73.67 31.54 0.20 102.49 90.03 1.14 9.87 13.40 0.74 CSI 300 Index -3.54-27.71 31.31-0.11 - - - - - - MG China A-Share Small Cap 120 Index 15.94 278.45 36.05 0.44 108.30 95.26 1.14 12.59 8.99 1.40 CSI 500 Index 3.35 34.54 34.39 0.10 - - - - - - Sector Indexes MG China Consumer Discretionary Index 8.48 107.96 30.77 0.28 97.43 88.76 1.10 7.48 11.30 0.66 CSI 300 Consumer Discretionary Index 1.00 9.36 30.85 0.03 - - - - - - MG China Consumer Staples Index 9.16 120.14 30.22 0.30 104.51 97.03 1.08 6.53 14.86 0.44 CSI 300 Consumer Staples Index 2.63 26.31 26.77 0.10 - - - - - - MG China Energy Index 2.18 21.41 40.46 0.05 115.32 97.12 1.19 14.05 15.82 0.89 CSI 300 Energy Index -11.87-67.94 35.19-0.34 - - - - - - MG China Financials Index 2.84 28.67 37.57 0.08 100.74 96.20 1.05 4.44 18.74 0.24 CSI 300 Financials Index -1.60-13.48 35.30-0.05 - - - - - - MG China Health Care Index 15.96 279.17 31.69 0.50 106.63 94.84 1.12 9.63 11.08 0.87 CSI 300 Health Care Index 6.33 73.69 27.13 0.23 - - - - - - MG China Industrials Index 9.62 128.52 34.24 0.28 97.74 80.76 1.21 15.73 20.65 0.76 CSI 300 Industrials Index -6.11-43.31 35.76-0.17 - - - - - - MG China Materials Index 5.47 61.47 36.40 0.15 98.80 83.20 1.19 14.99 18.25 0.82 CSI 300 Materials Index -9.52-59.35 36.50-0.26 - - - - - - MG China Technology Index 15.11 254.83 37.63 0.40 107.45 89.16 1.21 18.01 13.04 1.38 CSI 300 Information Technology Index -2.90-23.30 34.76-0.08 - - - - - - China New Economy 12.46 187.81 30.98 0.40 98.68 84.69 1.17 12.02 13.85 0.87 CSI All Share Index 0.45 4.11 31.73 0.01 - - - - - - Other Index(es) MG China New Elite 30 Index 15.15 255.88 26.59 0.57 92.69 70.82 1.31 18.69 16.92 1.10 CSI 300 Index -3.54-27.71 31.31-0.11 - - - - - - Overseas Index MG China Overseas 100 1.32 12.48 29.38 0.04 101.78 101.13 1.01 0.38 12.60 0.03 Hang Seng Index 0.93 8.73 22.51 0.04 - - - - - - MG China A Shares + HK Connect Index 8.23 103.76 27.45 0.30 78.81 68.30 1.15 7.29 16.04 0.45 Hang Seng Index 0.93 8.73 22.51 0.04 - - - - - - * All calculations are using daily frequency except capture ratios which are using weekly frequency. *All figures are total returns, except for Exchange Indexes, which are price-only returns. All returns are in RMB, except for MG China Overseas Index, MG China A Shares + HK Connect Index and Hang Seng Index, which are in USD..com 2017. All Rights Reserved. 156 Almeria Avenue, 201 Coral Gables, FL 33134 (888) 529 1767 indexes@marketgrader.com Info. Ratio

NOTE: This report card has been prepared solely for informational purposes. The information contained herein is only as current as the date indicated and has been developed internally and/or obtained from sources believed to be reliable. However, does not guarantee the accuracy, adequacy or completeness of such information. This report card should not be viewed as a current or past recommendation or a solicitation of an offer to buy or sell any securities or to adopt any investment strategy. Any unauthorized use, distribution or copying of the content of this report card without s consent is strictly forbidden. All single-country returns are calculated in local currency. All returns for multi-country indexes are calculated and reported in USD. Source for international indexes: FactSet.,.com and the Logo are registered trademarks of.com Corp. Standard & Poor s, S&P, and S&P 500 are registered trademarks of Standard & Poor s Financial Services LLC. STOXX is a registered trademark of STOXX Limited. FTSE ; is a trademark of London Stock Exchange Group companies and is used by FTSE under licence. MSCI brands and product names are the trademarks, service marks, or registered trademarks of MSCI or its subsidiaries in the United States and other jurisdictions. TOPIX is a registered trademark of the Tokyo Stock Exchange, Inc. (TSE). Russell is a registered trademark of Russell Investments. BOVESPA is a trademark of BOLSA DE VALORES DE SAO PAULO. CSI is a registered trademark of China Securities Index Co. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The Barron s 400 Index was first calculated on June 25, 2007, at the market close. All information presented prior to this date is back-tested. Back-tested performance is not actual performance, but is hypothetical. The back-test calculations are based on the same methodology that was in effect when the index was officially launched. The Barron s 400 IndexSM is calculated by NYSE Euronext or its affiliates and published by. Barron s, Barron s 400SM and Barron s 400 IndexSM are trademarks or service marks of Dow Jones & Company, Inc. or its affiliates and have been licensed to Market- Grader. is neither an investment advisory service nor an investment advisor. No data, information or analyses provided, or made available, by is a suggestion that any particular investment is suitable for you. All investors, should always check with a licensed financial advisor (and tax advisor), to determine the suitability of any investment. recommends to anyone trading securities to do so with caution and that, prior to the execution of a security trade based upon information from, the Web Site and Content, or any other Provider, they should consult with their broker or other financial representative. nor its affiliates or Providers of MG Content is, or shall be, responsible for any investment made by investors regardless of whether they used, or relied on, any information from the Web Site and Content..com 2017. All Rights Reserved. 156 Almeria Avenue, 201 Coral Gables, FL 33134 (888) 529 1767 indexes@marketgrader.com