BulletShares Bond Indices. BulletShares USD Corporate Bond Indices. Index Description

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1 BulletShares USD Corporate Bond Indices Index Description BulletShares USD Corporate Bond Indices provide maturity targeted exposure to the U.S. dollar-denominated investment grade corporate bond market. Each BulletShares USD Corporate Bond Index tracks a diversified basket of bonds with the same annual maturity and is designed to have a return profile similar to that of an individual heldto-maturity bond. The result is a series of fixed income indices with successive annual maturities. BulletShares Indices are diversified bond portfolios designed to behave like bonds. BulletShares USD Corporate Bond Indices are constructed through a transparent, rules-based methodology developed by Accretive Asset Management. Each index consists of U.S. dollar-denominated securities of globally domiciled corporate issuers that pay fixed amounts of taxable interest. Bonds must meet the following criteria to be included: Credit rating of at least BBB- by Standard and Poors, Baa1 by Moody s Investors Service, Inc. or BBB- by Fitch Inc. Minimum outstanding par amount of $500 million. On an annual basis, using AAM s proprietary methodology, each bond in the universe of eligible securities is allocated to a specific BulletShares USD Corporate Bond Index based on its year of maturity, or in some cases effective maturity. Effective maturity is utilized for callable bonds that have been assessed as having a reasonable likelihood of being called by the issuer prior to maturity. BulletShares USD Corporate Bond Indices are market value weighted and rebalanced on the last business day of each month. The information contained in this fact sheet is intended for personal use only and should not be relied upon as the basis for the execution of a security trade. Investors are advised to consult with their broker or other financial representative to verify pricing information for any securities referenced herein. Neither Accretive Asset Management LLC nor any of its direct or indirect third-party data suppliers or their affiliates shall have any liability for the accuracy or completeness of the information contained herein, nor for any lost profits, indirect, special or consequential damages. Either Accretive Asset Management LLC or its direct or indirect third-party data suppliers or their affiliates have exclusive proprietary rights in any information contained herein. The information contained in this fact sheet may not be used for any unauthorized purpose or redistributed without prior written approval from Accretive Asset Management LLC. BulletShares Bond Indices Ticker Index BSCBD Index BSCBE Index BSCBF Index BSCBG Index BSCBH Index BSCBI Index BSCBJ Index BSCBK Index BSCBL Index BSCBM Index Yield to Maturity by Index (in Percent) Weighted Average YTM Modified Duration by Index Weighted Average Duration

2 Index Statistics BSCBD BSCBE BSCBF BSCBG BSCBH BSCBI BSCBJ BSCBK BSCBL BSCBM Coupon (%) Accretive Rating 1 A3 A3 A2 A3 A3 A3 A3 A3 A3 A3 Modified Duration Years to Maturity YTM (%) Number of bonds Par Value ($billions) Top 10 Issues (%) Performance Index Level Month 0.03% % % % % % % % % % 3 Months 0.11% 0.05% % % % % % % % % 6 Months 0.31% 0.47% 0.42% 0.22% % % % % % % 1 Year 1.13% 2.35% 3.41% 3.93% 3.63% 4.22% 3.35% 3.06% 1.50% - 3 Years 7.56% 11.46% 15.16% 18.62% 20.37% 23.04% 22.05% 23.27% - - Inception % 12.48% 16.10% 19.94% 22.87% 25.63% 24.68% 26.31% 7.42% % Annualized 2.46% 3.78% 4.82% 5.90% 6.71% 7.46% 7.21% 7.65% 4.90% - 1 Accretive calculates a weighted average composite rating for each index. The composite rating for each security in the eligible universe is determined by calculating the simple average of the security's ratings published by Nationally Recognized Statistical Rating Organizations and then rounding down to the nearest rating step. Each composite rating is then multiplied by each securities' weight in the portfolio to determine the overall index rating. 2 BulletShares USD Corporate Bond Indices 2011 through inception date December 31, BulletShares USD Corporate Bond index inception date for Indices December 31, 2011, Index inception date 1/1/13. 3 Yield to Maturity is an annualized estimate for the index and does not represent the yield of the index for time periods less than one year.

3 Index Top 10 Issues (Description and Index Weight) BSCBD Index BSCBE Index BSCBF Index BSCBG Index BSCBH Index FORD MOTOR CREDIT 5% 7.0% 10/11/ 3.7% 9/15/ 1.9% PFIZER INC 5.35% 3/15/ GROUP INC 3.625% 2/7/ 6.125% 11/21/ BP CAP MKTS P L C 5.25% 11/7/ 3.6% 4.75% 4/1/ 1.7% BNP PARIBAS / BNP PARIBAS US 3.25% 3/11/ 1.0% CO 3.15% 7/5/ CO 5.25% 12/6/ GROUP INC 5.25% 10/15/ 3.2% VERIZON WIRELESS CAP LLC 5.55% 2/1/ 4.5% 4/1/ 1.0% 6.5% BANK OF AMERICA 8/1/ 1.4% CORPORATION 5.75% 12/1/ 1.4% 6.5% 8/19/ 3.0% 7.375% 5/15/ CO 3.7% 1/20/ 1.0% CISCO SYS INC 5.5% 2/22/ 1.2% DEUTSCHE BK AG LONDON 6% 9/1/ CORP MTN BE 1.875% 9/16/ 2.6% 6.375% 8/12/ 1.2% 6% 4/28/ 0.9% HOME DEPOT INC 5.4% INTERNATIONAL 3/1/ 1.2% BUSINESS MACHS 5.7% 9/14/ 1.2% AMERICAN EXPRESS CR CORP 7.3% 8/20/ 2.4% BARCLAYS BK PLC 5.2% 7/10/ 1.2% GROUP INC 5.125% 1/15/ 0.9% CO 3.45% 3/1/ JP MORGAN CHASE BANK NA 6% 10/1/ 1.2% DAIMLER CHRYSLER NORTH AMERICA 6.5% 11/15/ 2.4% ICAHN ENTERPRISES LP / CORP 8.0% 1/15/ 1.2% GROUP INC 3.7% 8/1/ 0.9% GROUP INC 5.35% 1/15/ 1.0% CORP MTN BE 5.625% 9/15/ 1.2% GROUP INC 4.75% 7/15/ 2.4% CO 4.65% 6/1/ CAP CORP 2.15% 1/9/ 0.8% WELLS FARGO & CO NEW 3.676% 6/15/ 1.0% WELLS FARGO & CO NEW 5.625% 12/11/ 1.2% TELECOM ITALIA CAP 5.25% 11/15/ 2.4% SHELL INTERNATIONAL BANK NOVA SCOTIA FIN BV 4% 3/21/ HALIFAX 3.4% 1/22/ 0.8% 3.8% 4/29/ 0.9% GROUP INC 6.25% 9/1/ 6.0% 12/13/ 2.1% GROUP INC 6.0% 5/1/ AT&T INC 2.5% 8/15/ 0.8% AMERICAN EXPRESS CR MERRILL LYNCH CO CORP 2.8% 9/19/ INC 6.4% 8/28/ 0.9%

4 Index Top 10 Issues (Description and Index Weight) BSCBI Index BSCBJ Index BSCBK Index BSCBL Index BSCBM Index MERRILL LYNCH CO INC MTN BE 6.875% 4/25/ 2.3% PFIZER INC 6.2% 3/15/ 2.1% 5.625% 7/1/ 1.9% GROUP INC 5.25% 7/27/ 2.1% GROUP INC 5.75% 1/24/ 2.7% CO 6% 1/15/ 2.1% 8.5% 5/22/ 2.0% KRAFT FOODS INC 5.375% 2/10/ 1.8% CAPITAL CORP 4.65% 10/17/ 1.7% CO 4.5% 1/24/ 1.9% CORP MTN BE 5.625% 5/1/ 1.7% GRP INC MTN BE 7.5% 2/15/ 2.0% GRP INC MTN BE 5.375% 3/15/ 1.7% HSBC FINANCE CORP 6.676% 1/15/ 1.7% COOPERATIVE CENTRIALE RAIFF 3.875% 2/8/22 GROUP INC 6.15% 4/1/ CO 6.3% 4/23/ 1.9% BNP PARIBAS 5% CO 4.25% 10/15/ 1/15/ 1.7% BARCLAYS BK PLC 7.625% 11/21/ 5.65% 5/1/ NOVARTIS SECURITIES INVESTMENTS 5.125% 2/10/ 1.9% CISCO SYS INC 4.45% 1/15/ CO 4.35% 8/15/ CO 3.25% 9/23/ AMERICAN INTL GROUP INC 8.25% 8/15/ BANK OF AMERICA CORPORATION 7.625% CO 4.4% 7/22/ 9/23/ 1.9% 5.75% 1/25/ CO 2.7% 10/9/ 6.625% 4/1/ 5.625% 9/23/ 1.7% APPLE INC 1.0% 5/13/ 1.4% ANHEUSER BUSCH INBEV WORLDWIDE 7.75% 1/15/ 1.7% ANHEUSER BUSCH INBEV WORLDWIDE 5.375% 1/15/ HSBC HLDGS PLC 5.1% ANHEUSER BUSCH 4/5/ 1.4% INBEV WORLDWI 2.5% 7/15/ WELLS FARGO CO MTN 4.5% 5.375% 8/9/ 1.4% BE 4.6% 4/1/ 1/14/ 1.4% 1.4% GROUP INC 5.95% 1/18/ 7.3% 5/13/ 1.7% CORP MTN BE 5.5% 1/8/ 5.5% 7/28/ 1.4% 5.7% 1/24/ 1.4% BEAR STEARNS COS INC 7.25% 2/1/ DOW CHEM CO 8.55% 5/15/ NBCUNIVERSAL MEDIA LLC 5.15% 4/30/ CORP MTN BE 4.625% 1/7/ WELLS FARGO CO 3.5% 3/8/ 1.4%

5 About BulletShares Indices Each BulletShares Index measures the performance of a diversified basket of debt securities with similar effective maturities. BulletShares Indices have return profiles similar to individual bonds, but offer diversified exposure to the bond market. Each BulletShares Index is based on a transparent, rules-based methodology developed by Accretive Asset Management LLC. BulletShares Indices are designed serve as the basis for investment products intended to provide a diversified alternative to individual bond investing and to facilitate benchmarking of portfolios of individual bonds. BulletShares and the BulletShares logo are trademarks of Accretive Asset Management LLC. About Accretive Asset Management LLC Accretive Asset Management LLC creates investment products that help financial advisors better serve their clients. A recognized innovator in fixed income securities indexing, AAM delivers investor-focused solutions that improve upon traditional indexing techniques. As of June 30,, AAM had licensed BulletShares Indices to 14 NYSE Arca-listed ETFs with approximately $2.7 billion in assets under license. For more information on BulletShares Indices or Accretive Asset Management, please contact: Darrin DeCosta, CFA, CPA Head of Product Development [email protected] (630) Matthew Patterson Head of Investment Strategy and General Counsel [email protected] (630) Brooks Johnson Head of Strategic Development [email protected] (630) Or visit our website at: Accretive Asset Management LLC 29 S Webster St Suite 395 Naperville, IL 60540