The underlying Morningstar US Mega Cap Growth Index delivers U.S. mega-cap growth exposure by overlaying Morningstar’s style model on its market-cap taxonomy. The mega-cap size segment is the largest 70% of cumulative U.S. market cap from the Morningstar US Total Market Index, with migration “packeting” using a 64%–76% band around the 70% breakpoint to reduce turnover (50% packets shift across bands per consecutive-quarter rules). Growth versus value is determined via an 11-factor model: growth uses six inputs (forward long- and short-term EPS growth, 3-year EPS and sales growth, investment-to-assets, ROA) and value uses five (book-to-price, forward and historical earnings-to-price, dividend-to-price, sales-to-price). Securities receive proportional style allocations when scores lie in the overlap band; weights equal float-adjusted market cap × style allocation. The index is reviewed and reconstituted quarterly, with corporate actions processed promptly and IPOs assigned at the next ranking when sufficient factor data exist.

The underlying Morningstar US Mega Cap Index targets float-adjusted, market-cap-weighted exposure to the largest U.S. equities meeting investability screens. Companies are ranked by total shares outstanding × price and assigned to size segments by cumulative market cap; the Mega/Mid breakpoint is at 70%, with a migration band from 64%–76%. “Packeting” shifts 50% of a constituent across the breakpoint once it moves into the adjacent core for a full ranking and the remaining 50% if it stays there the next ranking, curbing turnover. Add/re-add thresholds include float ≥12.5%, sparse-trading score ≥0.001, and market cap ≥USD 15 million; weights use free-float shares. The index is fully reconstituted quarterly with a five-day transition window; between rankings, changes reflect corporate actions and free-float updates, not price moves.

The underlying Morningstar US Total Market Index provides float-adjusted, market-cap-weighted exposure to the investable US equity universe across all capitalizations. Eligibility requires primary listing on NYSE, NYSE American, NYSE Arca, Nasdaq, or Cboe BZX; corporations and REITs are eligible, while BDCs, SPACs, funds, units, and ADRs are ineligible. Investability screens bind at the margin: market cap ≥ USD 15m to add (≥ USD 10m to remain), free float ≥12.5% to add (≥10% to remain), sparse-trading score ≥0.001 to add (≥0.0008 to remain), no 10-day zero-volume gaps, and no suspensions ≥40 days; new issues season ≥20 trading days, or 5 days if at least the Small-Cap lower breakpoint. Constituents are weighted by effective float. Reconstitution occurs quarterly, with ranking on the first Friday of March, June, September, and December, and changes implemented via 50% “packets” over a five-day transition window.

The underlying Utilities Select Sector Index targets S&P 500 constituents classified in the GICS Utilities sector (electric, gas, water, multi-utilities, independent power and renewable electricity). Constituents are float-adjusted and weighted by modified market cap with diversification caps applied at each quarterly reweight. Any single company breaching 24% is capped to 23%; companies at or above ~4.8% are collectively constrained so their aggregate does not exceed 50%, with iterative reductions (often to ~4.5%) and proportional redistribution to uncapped names. Multiple share classes are aggregated at the company level for capping. Membership changes track S&P 500 maintenance; weighting and caps are refreshed quarterly in March, June, September, and December, with prices from a reference date and shares/free float as of the effective date. No style, factor, or sector tilts beyond the GICS Utilities definition.

The underlying The Global Dow provides an equal-weighted selection of 150 globally significant blue-chip companies spanning developed and emerging markets and all major sectors. Constituents are chosen by the S&P Dow Jones Indices Index Committee to reflect companies of global importance, considering sector balance, geographic diversity, and investability; depositary receipts may be used where appropriate to ensure access and liquidity. Weighting is equal across all constituents and is reset to equal weights at the scheduled annual rebalance each September, with standard corporate-action maintenance in between. No explicit issuer, sector, or country caps are applied beyond the equal-weight construction, which inherently limits single-name concentration and mitigates mega-cap dominance. Additions and deletions occur at the Committee’s discretion to maintain representativeness, with changes implemented at reconstitution or as required by corporate events.

The underlying The Capital Strength Index provides equal-weighted exposure to 50 financially strong, lower-volatility U.S. companies. The universe comprises common stocks and REITs in the Nasdaq US Benchmark Index, narrowed to the 500 largest by free-float-adjusted market cap. Each security needs three-month average daily traded value of at least USD 5 million, and one share class per issuer is eligible. Companies require at least USD 1 billion of unrestricted cash and short-term investments, positive shareholder equity, long-term debt below 30% of market cap, and ROE above 15%. Securities are ranked separately on three-month annualized and 12-month realized volatility, then by the sum. Names outside the 15 lowest combined ranks in each industry are removed; the 50 lowest totals are selected, with market cap breaking ties. No industry may exceed 30%. The index reconstitutes and equal-weights quarterly at the market open following the third Friday of January, April, July, and October.

The underlying Technology Select Sector Index delivers float-adjusted market-cap exposure to S&P 500 constituents classified in the following GICS industries: technology hardware, storage & peripherals; software; communications equipment; semiconductors & semiconductor equipment; IT services; and electronic equipment, instruments & components. Eligibility and investability mirror the S&P 500; membership changes only when S&P 500 constituents and their GICS classifications change. Constituents are weighted by float-adjusted market cap subject to diversification capping that limits outsized single-issuer influence and proportionally scales down larger names when thresholds are breached; a 25% issuer cap applies, with additional aggregate caps applied to large positions. Capping and reweighting are applied at the regular quarterly rebalance, effective after the close on the third Friday of March, June, September and December, using published reference dates and proportional scaling to restore compliance while minimizing turnover.

The underlying strategy provides single-company exposure intended to correspond, before fees and expenses, to the total return of Shell plc ordinary shares in their local market while reducing USD-versus-EUR fluctuations. It does not track a specified index or apply constituent selection, ranking, market-cap, liquidity, diversification, reconstitution, or rebalance rules. Under normal circumstances, at least 95% of net assets is invested in Shell plc ADRs; the fund does not hold the ordinary shares directly. A currency swap exchanges USD exposure for EUR, with notional reset daily to the current value of the ADR position so the hedge scales with equity exposure. The swap is marked to market and settled daily. Residual assets may be held in cash or cash equivalents. Portfolio weights therefore arise from the ADR position, daily hedge adjustment, cash flows, expenses, and valuation changes rather than an index weighting formula or caps.

The underlying strategy provides single-company exposure intended to correspond, before fees and expenses, to the total return of HSBC Holdings plc ordinary shares in their local market while reducing USD-versus-GBP fluctuations. It does not track a specified index or use constituent selection, ranking, market-cap, liquidity, diversification, reconstitution, or rebalance rules. Under normal circumstances, at least 95% of net assets is invested in HSBC Holdings plc ADRs; ordinary shares are not held directly. A currency swap exchanges USD exposure for GBP, and its notional is reset daily to the current value of the ADR position, keeping the hedge aligned with equity exposure. The swap is marked to market and settled daily. Residual assets may be held in cash or cash equivalents. Portfolio weights are therefore determined by the ADR holding, daily hedge adjustment, cash flows, expenses, and valuation changes rather than an index weighting formula, concentration caps, or scheduled review.

The underlying strategy provides no continuing investment exposure because the fund has been liquidated following termination of AstraZeneca’s ADR program. The fund never tracked a specified index; before liquidation, it sought to correspond, before fees and expenses, to the total return of AstraZeneca ordinary shares in their local market while reducing USD-versus-GBP fluctuations. Under normal circumstances, at least 95% of net assets was invested in AstraZeneca ADRs, without direct ownership of ordinary shares. A currency swap exchanged USD exposure for GBP, with notional adjusted daily to the current value of the ADR position; the swap was marked to market and settled daily. Residual assets could be held in cash or cash equivalents. After the ADR program ended, the ADRs were mandatorily converted into ordinary shares, those shares were sold, and proceeds were distributed. There is therefore no current composition, weighting, reconstitution, or rebalancing process.