F-Squared Investments DOES NOT GUARANTEE that the performance of the tracking models will in fact replicate the performance of the target AlphaCycle Index.

Copyright © F-Squared Investments, Inc. All rights reserved. "AlphaCycle" is a service mark of F-Squared Investments, Inc. This material is proprietary and may not be reproduced, transferred or distributed in any form without prior written permission from F-Squared Investments, Inc. F-Squared Investments, Inc. reserves the right at any time and without notice to change, amend, or cease publication of the information. This material has been prepared solely for informative purposes. The information contained herein has been obtained from sources that we believe to be reliable, but its accuracy and completeness are not guaranteed. It is made available on an "as is" basis without warranty. Investment products that may be based on AlphaCycle Indexes are not sponsored by Active Index Solutions, LLC, and neither F-Squared Investments, Inc. nor Active Index Solutions, LLC makes any representation regarding the advisability of investing in them. Inclusion of a mutual fund in an index does not in any way reflect an opinion of Active Index Solutions or F-Squared Investments regarding the investment merits of such a mutual fund. None of the mutual funds included in an index have given any real or implied endorsement or support to Active Index Solutions or to this index. One cannot invest directly in an index. Returns represent past performance, and are not guarantees of future results or indicative of any specific investment.