INDEX METHODOLOGY

The Beacon Global Exchanges, Brokers & Asset Managers Index is comprised of firms which operate a security exchange, a brokerage or an asset management firm as a primary business. All stocks in the index are selected from the global universe of asset managers, brokers, and exchanges. The Index constituent selection methodology was developed by Beacon as a quantitative approach to selecting stocks from the Index universe. The Index consists of 100 stocks and is adjusted semi-annually.

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