S&P Global Diversified 7.5% TCA 0.75% Decrement Index

The S&P Global Diversified 7.5% TCA Index measures the performance of global equities, U.S. fixed income and gold as index components to provide global multi-asset diversification, while targeting 7.5% volatility and less a fixed amount of 0.75% per year. The index attempts to participate in potential upside and reduce exposure during periods of volatility and rising yields by using several market and economic indicators to dynamically adjust the equity and fixed income component weights daily between 0 and 100%. The index maintains predefined weights to monthly rebalancing components and includes a transaction cost adjustment (TCA).