Fund overview

CORE is an exchange traded fund (ETF) which is tradable by investors on stock exchanges intraday and can be created and redeemed daily by certain financial institutions (known as Authorised Participants).

Index Objective

The Solactive Global Core Infrastructure Low Volatility Index provides exposure to the 75 least volatile listed infrastructure companies selected from global developed market exchanges. The universe of stocks is filtered for both liquidity and tradability and contains a maximum of 40 stocks in any one sector. The index is weighted by the inverse of historical volatility and is calculated in US dollars.

How to use CORE in a Portfolio?

• Alternatives; low correlation to other asset classes

• Tactical tilt towards defensives

About ETF Securities Australia

ETF Securities Australia is an expert, independent provider of accessible investment solutions. We use transparent and cost effective investment solutions to enable Australian investors to achieve their desired outcome, while also intelligently diversifying their portfolios. We also act as a dedicated source of actionable investor knowledge for Australian investors and their advisers.

How we invest your money

Index methodology

The methodology employed by Solactive in calculating the Index can be found at www.solactive.com

Index tracking

Each Fund will attempt to (before fees and expenses) fully replicate the performance of the relevant Index by investing its assets in a portfolio of securities that comprise the Index in proportion to the weight assigned to each security within the Index.

Any changes in the composition of an Index, whether due to scheduled rebalancing or other unscheduled events (e.g. corporate actions), will generally be reflected in the portfolio of securities held by a Fund as soon as practically possible.

In certain circumstances, it may not be possible or practical for the Responsible Entity to exactly replicate the Index. For example, trading in particular securities may be suspended. In other circumstances the exact replication of the Index may be impractical or excessively costly, for example where the Index comprises a large number of securities that are assigned small weights.

To assist investors, each Fund's full portfolio holdings will be published on a daily basis on www.etfsecurities.com.au at the same time that Authorised Participants and market makers are provided with portfolio composition files.

Each Fund may hold derivative contracts from time to time, such as exchange traded options written on the Index or its constituent securities, and other investments that do not comprise the Index, but help to achieve the investment objectives of that Fund. These other investments that do not comprise the index may include for example:

• cash or short term deposits;

• related securities such as tradable rights resulting from corporate actions undertaken by Index constituents;

• depository receipts or other securities that may be substituted for Index constituents that are impractical or costly to trade; and

• futures, options, swaps or other ETFs with similar exposures to the Index that may help minimise deviations from the Index, where appropriate.

These are expected to be used in limited circumstances.

Cash balances may also be held in each Fund from time to time. None of the Funds will engage in securities lending.