Invesco QQQ FC 7 Index

The Index was created on October 23, 2025. Levels for the Index before October 23, 2025, represent hypothetical data determined by retroactive application of a back-tested model, itself designed with the benefit of hindsight. Invesco QQQ ETF data was unavailable on Bloomberg prior to March 23, 2011, so substitute components were used to simulate historical performance. Past performance – whether actual, back-tested or simulated – is not indicative of future performance. Actual performance will vary, perhaps materially, from the performance set forth herein. The Index performance represents excess return. The performance of the Index includes a 50bps embedded cost and does not include fees or costs of any financial instrument referencing the Index. Because this Index applies a volatility control mechanism, the range of both positive and negative performance of the Index is limited. Index level data is sourced from Bloomberg ticker QQQFC7NB with a base date of December 31, 2004. The original index series, as defined in the Index rulebook with a base date of March 11, 2004, is also available on Bloomberg under ticker QQQFC7.

Component allocations may not sum to 100%. When realized volatility exceeds the target, the Index reduces component allocations below 100%.Conversely, when realized volatility decreases below the target, allocations may sum to more than 100% via leverage. The difference is non-renumerated cash; that is cash that does not pay interest or contribute to index returns.