BITM-Fact-Sheet

BlueStar Israel Global Total Investable Q317 Market Index (BITMTR) Fact Sheet

INDEX OVERVIEW The BlueStar Israel Global Total Investable Market Index (“BIGI-TIM”, the “Index”) was developed and is maintained by BlueStar Indexes, and is published, calculated and distributed by Solactive AG. The index has been created to provide investors with a product to take advantage of both event-driven news and long term economic trends as the economy and capital markets of Israel continue to evolve. BIG-TIMI also defines the total investable universe of Israeli Global companies which provides investors with a product that includes both the largest and most liquid Israeli companies as well as many of the smaller Israeli companies, irrespective of their listing venue, that are excluded from the largest and most liquid Israeli equity benchmarks. The Index is a rules-based modified market capitalization-weighted index and is constructed using BlueStar Indexes®’ proprietary methodology and database of Israeli and Israel-linked companies.

Top Ten Index Constituents GICS Sector Exposure

Company Index Weight (%) Industry Weight (%) Check Point Software Tech 8.39 Information Technology 33.45 Perrigo Co Plc 7.26 Health Care 20.16 Teva Pharmaceutical Ind Ltd 6.99 Financials 16.06 Amdocs Ltd 5.82 Real Estate 7.56 Bank Leumi Le-israel 4.60 Energy 5.96 Bank Hapoalim Bm 4.37 Industrials 4.83 Nice Ltd 2.88 Materials 3.46 Elbit Systems Ltd 2.06 Telecommunications Services 2.66 Mizrahi Tefahot Bank Ltd 1.91 Consumer Discretionary 2.54 Tower Semiconductor Ltd 1.83 Utilities 1.93 Total 46.10 Consumer Staples 1.38

BITM Internal Index Data

Index Statistics Israel Equity Benchmark Performance 2012-2017 No. of Securities 155 160

Currency USD 150 Total Index Market Cap $239 billion Largest Market Cap $19 billion 140 Smallest Market Cap $51 million 130 Average Market Cap $1.5 billion 120 Listing Venue Weight (%) Weight on NYSE/Nasdaq Only 35 110 Weight on TASE Only 31 100 Weight on LSE & Other Only 3 Dual-Listed 31 90 Market Cap- Segmentation (%) 80 > $5 Billion 42 Oct-12 Oct-13 Oct-14 Oct-15 Oct-16 $750 Million to $5 Billion 41 BIGI- TIM MSCI Israel TA-125 < $750 Million 17

www.bluestarindexes.com 1 BlueStar Israel Global Total Investable Q317 Market Index (BITMTR) Fact Sheet

INDEX RISK AND RETURN DATA

Long- Term Total Returns (%) Long-Term Risk: (Standard Deviation of Returns)* (%) 2017 YTD 1yr 3yrs.* 5yrs.* 10yrs.* 2017 YTD 1yr 3yrs.* 5yrs.* 10yrs.* ACWI 17.75 19.29 8.02 10.79 4.45 ACWI 3.29 4.58 10.58 9.95 16.90 EAFE 20.47 19.65 5.53 8.87 1.82 EAFE 4.78 7.15 12.29 11.75 18.60 MSCI EM 28.14 22.91 5.28 4.36 1.65 MSCI EM 6.88 9.70 15.73 14.41 23.16 S&P 500 14.24 18.61 10.81 14.22 7.44 S&P 500 4.10 5.46 10.07 9.55 15.14 MSCI Israel** (1.55) (12.59) (5.75) 1.91 (0.25) MSCI Israel** 20.87 19.45 18.52 16.09 19.34 TA-125 9.70 8.79 1.06 6.36 2.83 TA-125 9.90 10.45 14.35 12.83 20.78 BITM 12.88 10.30 1.90 7.65 - BITM 9.28 9.80 12.15 10.98 - BIGI® 11.36 8.59 1.10 7.73 4.70 BIGI® 10.88 10.87 12.35 11.12 19.31 *Annualized *Annualized ** MSCI Israel Uncapped ** MSCI Israel Uncapped

Five Year Correlations

ACWI MSCI EM EAFE S&P 500 MSCI Israel TA-125 BITM BIGI® ACWI 1.00 MSCI EM 0.78 1.00 EAFE 0.94 0.74 1.00 S&P 500 0.92 0.58 0.77 1.00 MSCI Israel* 0.35 0.09 0.37 0.36 1.00 TA-125 0.68 0.41 0.69 0.63 0.67 1.00 BITM 0.77 0.47 0.73 0.75 0.70 0.87 1.00 BIGI® 0.73 0.43 0.70 0.72 0.72 0.85 0.99 1.00

*MSCI Israel Uncapped

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