INDEX DATA
AlphaSector Rotation Index

The AlphaSector Rotation Index is a quantitatively driven index that applies a monthly trading protocol to nine Select Sector SPDRs and an exchange traded fund ("ETF") representing 1-3 month Treasuries (ticker BIL).  The index has the potential to be invested in any combination of the nine SPDRs including all nine at the same time, a combination of sector SPDRs and the Treasury ETF, or can be 100% invested in the Treasury ETF. 

Ticker Symbol:
ASRX (AlphaSector Rotation Total Return)
ASRN (AlphaSector Rotation Price Return)
Inception Date:
04/01/2001
Index Objective:
Maximized risk adjusted return versus benchmark
Performance Overview
Performance Summary vs. Benchmark
Performance Since Inception
For Periods Ending 06/30/2010
Inception through 06/30/2010
AlphaSector Rotation Index
S&P 500*
SOURCE: Morningstar Direct, NASDAQ OMG.
AlphaSector Rotation Index
S&P 500*
*Sources: Morningstar and NASDAQ OMX. All rights reserved. "AlphaSector" is a service mark of FSquared Investments, Inc. This material is proprietary and may not be reproduced, transferred or distributed in any form without prior written permission from Active Index Solutions, LLC. Active Index Solutions, LLC reserves the right at any time and without notice to change, amend, or cease publication of the information. This material has been prepared solely for informative purposes. The information contained herein has been obtained from sources that we believe to be reliable, but its accuracy and completeness are not guaranteed. It is made available on an "as is" basis without warranty. Investment products that may be based on AlphaSector Indexes are not sponsored by Active Index Solutions, LLC, and neither F-Squared Investments, Inc. nor Active Index Solutions, LLC makes any representation regarding the advisability of investing in them. Inclusion of an exchange traded fund in an index does not in any way reflect an opinion of Active Index Solutions or F-Squared Investments regarding the investment merits of such an exchange traded fund. None of the exchange traded funds included in an index have given any real or implied endorsement or support to Active Index Solutions or to this index. One cannot invest directly in an index.The returns presented reflect hypothetical performance an investor would have obtained had it invested in the manner shown and may not represent returns that any investor actually attained. The information presented is based upon the performance of the Index as reported by the NASDAQ OMX, is adjusted to reflect the reinvestment of dividends. No representation or warranty is made as to the reasonableness of the assumptions made or that all assumptions used in achieving the returns have been stated or fully considered. Changes in the assumptions may have a material impact on the hypothetical returns presented. Returns represent past performance, and are not guarantees of future results or indicative of any specific investment. Past performance is no guarantee of future results.

AlphaSector Rotation Index is the exclusive property of F-Squared Investments, Inc. and Active Index Solutions, LLC. Active Index Solutions, LLC has contracted with The NASDAQ OMX Group, Inc. (collectively, with its subsidiaries and affiliates, "NASDAQ OMX") to calculate and maintain the AlphaSector Rotation Index. NASDAQ OMX shall have no liability for any errors or omissions in calculating the AlphaSector Rotation Index.