![]() ![]() ![]() For this portion of the Index, the potential universe consists of equity securities of companies located throughout the world, including both developed and emerging markets. Part 1: FactSet RBICs (Global Music, Media, and Entertainment Companies): Approximately 80% of the Index will be comprised of companies identified as being engaged in the music, media, and entertainment business using the FactSet RBICS sub-industry classifications. To qualify for inclusion in the Index under either analysis, companies must have a minimum market capitalization of $1 billion and an average daily traded volume of $15 million over the most recent six-month period. (2) a digital music streaming revenue analysis (which is U.S.-focused) that identifies companies in any industry (not just music, media, and entertainment), whose equity securities’ price changes typically align with digital music consumption patterns. (1) an analysis using the FactSet Revere Business and Industry Classification System (“FactSet RBICS”) (which covers companies globally) to identify companies as music, media, and entertainment companies and The Index’s construction consists of two parts (each as described in more detail below): The Index is a rules-based index that seeks to provide exposure to a global portfolio of companies identified as being engaged (i.e., conducts business activities) in the music, media, and entertainment industries, as described in more detail below. ![]() (“Clouty”) and is administered by Solactive AG (the “Index Provider”). The Index was developed in 2023 by Clouty, Inc. The Fund is an exchange-traded fund (“ETF”) that uses a “passive management” (or indexing) approach to track the performance, before fees and expenses, of the Index. ![]()
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