BIGI-Fact-Sheet

BlueStar Israel Global Index® Q417 ® BIGI Fact Sheet

INDEX OVERVIEW The BlueStar Israel Global Index (’BIGI’) provides a benchmark for investors to track the broadest and deepest universe of Israeli public companies. The index is constructed using BlueStar Indexes’ unique methodology and proprietary database of Israeli and Israeli-linked companies. BIGI includes the largest and most liquid companies as well as mid and small cap companies that display sufficient liquidity for global investors. BIGI is calculated and maintained by Standard & Poor’s based on a methodology developed by BlueStar Indexes and overseen by the BlueStar Index Advisory Committee. The Index uses a modified capitalization-weighted methodology and is rigorously float-adjusted to exclude corporate cross holdings. Index components are reviewed semi-annually for eligibility, and the weights are reset according to that distribution.

Top Ten Index Constituents GICS Sector Exposure

Company Index Weight % Industry Weight % Information Technology 32.94 Teva Pharmaceutical Ind Ltd 11.42 Health Care 23.02 Check Point Software Tech 7.41 Financials 17.42 Perrigo Co Plc 7.01 Real Estate 5.92 Amdocs Ltd 5.85 Energy 4.49 Bank Leumi Le-israel 5.32 Industrials 4.11 Bank Hapoalim Bm 4.64 Materials 3.65 Nice Ltd 3.37 Telecommunication Services 2.78 Mizrahi Tefahot Bank Ltd 2.05 Consumer Discretionary 2.46 Israel Discount Bank-a 2.03 Utilities 1.87 Frutarom 1.97 Consumer Staples 1.33 Total 51.06

BIGI® Internal Index Data BIGI® Relative Performance Chart: Ten Years Ending Sept. 30, 2017 Index Statistics 180 No. of Securities 138 Currency USD 160 Total Index Market Cap $242 billion 140 Largest Market Cap $21.6 billion Smallest Market Cap $84 million 120 Average Market Cap $1.75 billion 100 Listing Venue Weight (%) Weight on NYSE/Nasdaq Only 29 80 Weight on TASE Only 29 60 Weight on LSE & ASX & Other 4 Dual-Listed 38 40 Market Cap- Segmentation (%) 20 > $5 Billion 51 $750 Million to $5 Billion 40 BIGI TA-125 MSCI Israel Uncapped MSCI EM MSCI EAFE < $750 Million 8

www.bluestarindexes.com 1 BlueStar Israel Global Index® Q417 ® BIGI Fact Sheet

INDEX RISK AND RETURN DATA

Long- Term Total Returns (%) Long-Term Risk: Standard Deviation of Monthly Returns (%)*

1yr 3yrs.* 5yrs.* 10yrs.* 15yrs.* 1yr 3yrs.* 5yrs.* 10yrs.* 15yrs.* ACWI 24.62 9.89 11.40 5.22 9.57 ACWI 2.83 10.51 9.93 16.80 14.83 EAFE 25.62 8.30 8.39 2.42 8.60 EAFE 4.24 12.02 11.68 18.52 16.46 MSCI EM 37.75 9.50 4.73 2.02 12.68 MSCI EM 6.56 15.58 14.40 22.83 21.41 S&P 500 21.83 11.41 15.79 8.50 9.92 S&P 500 3.94 10.07 9.49 15.08 13.26 MSCI Israel** 2.59 -4.87 3.57 -0.43 7.79 MSCI Israel** 20.26 19.26 16.35 19.46 18.82 TA-125 17.84 5.87 6.93 2.73 12.17 TA-125 8.77 13.23 12.77 20.64 20.35 BIGI® 15.88 3.13 7.42 4.64 14.03 BIGI® 9.54 12.43 11.09 19.24 18.89 *Annualized *Annualized **MSCI Israel Uncapped **MSCI Israel Uncapped

Five Year Correlations ACWI MSCI EM EAFE S&P 500 MSCI Israel* TA-125 BIGI ACWI 1.00 MSCI EM 0.78 1.00 EAFE 0.94 0.73 1.00 S&P 500 0.93 0.59 0.78 1.00 MSCI Israel* 0.36 0.13 0.39 0.35 1.00 TA-125 0.70 0.44 0.70 0.65 0.66 1.00 BIGI 0.75 0.44 0.71 0.74 0.73 0.85 1.00 Source: BlueStar Global Investors LLC *MSCI Israel Uncapped

Contact Us Disclaimer BlueStar Indexes The opinions expressed in this report are those of 1350 Avenue of the Americas, 4th BlueStar Global Investors, LLC and should not be Floor interpreted as a recommendation to buy or sell any New York, NY 10019 security. Readers should consult with a financial [email protected] professional before investing.