CSI MarketGrader China New Economy Index Performance

	PR - (USD)	TR - (USD)	PR - (CNY)	TR - (CNY)
YTD	-20.0%	-18.8%	-16.1%	-14.8%
1 Year	-19.1%	-17.6%	-16.2%	-14.6%
3 Years	29.3%	35.3%	25.9%	31.7%
5 Years	31.1%	41.0%	29.3%	39.0%
10 Years	171.8%	209.6%	186.1%	225.8%
Since Inception	277.7%	344.0%	245.8%	306.5%

Annualized Returns - through 06/29/2022

	PR - (USD)	TR - (USD)	PR - (CNY)	TR - (CNY)
3 Years	10.3%	12.0%	9.3%	10.9%
5 Years	5.6%	7.1%	5.3%	6.8%
10 Years	10.5%	12.0%	11.1%	12.5%
Since Inception	9.6%	10.8%	8.9%	10.2%

Standard Deviation - through 06/29/2022

	PR - (USD)	TR - (USD)	PR - (CNY)	TR - (CNY)
3 Years	21.7%	21.9%	19.8%	20.1%
5 Years	23.2%	23.2%	21.3%	21.5%
10 Years	27.0%	27.0%	25.7%	25.7%
Since Inception	28.5%	28.5%	27.8%	27.8%

Sharpe Ratio - through 06/29/2022

	PR - (USD)	TR - (USD)	PR - (CNY)	TR - (CNY)
3 Years	0.47	0.55	0.47	0.54
5 Years	0.24	0.31	0.25	0.32
10 Years	0.39	0.44	0.43	0.49
Since Inception	0.34	0.38	0.32	0.37

All returns in U.S. Dollars

The CSI MarketGrader China New Economy Index index was first published on March 20, 2015. All estimated daily historical closing prices prior to that date are based on back-testing (i.e., calculations of how the index might have performed in the past if it had existed). Backtested performance information is purely hypothetical and is solely for informational purposes. Backtested performance does not represent actual performance, and should not be interpreted as an indication of actual performance. Past performance is not indicative of future results. CSI is a registered trademark of China Securities Index Co.