Status: Industrial Indexed Funds

Fund on basis of companies in Standard & Poor's Global Telecommunications Sector The S&P Global Sector index series represents the opportunity set of investable equities around the globe based on the 10 sectors of the Global Industry Classification Standard (GICS®). A stock's performance depends on its region and sector
representation. These stock-specific factors yield different risks and returns. Highlighting the sector characteristics of the S&P Global 1200,
which represents 70% of world's market capitalization, the 10 indices are designed to offer increased diversification since sectors behave differently
globally. The Benefits of GICS Global structure for local markets GICS establishes a common standard that enables asset owners, asset managers and investment research
specialists to make global comparisons by industry. The standardized classification system permits foreign investors to look into local markets and local investors to look out at the rest of the world when comparing stocks within the same industry. GICS helps market participants determine whether local stock movements are locally based or are
part of a broader global trend. Included following companies in different business sectors:

Included following companies in different business sectors:

VODAFONE GROUP PLC VOD GB
VERIZON COMMUNICATIONS INC VZ USA
TELEFONICA SA TEF Spain
SBC COMMUNICATIONS INC SBC USA
SPRINT NEXTEL CORP FON Germany
FRANCE TELECOM SA FTE France
BELLSOUTH CORP BLS USA
DEUTSCHE TELEKOM AG REGISTERED DTE Germany
NIPPON TELEGRAPH & TELEPHONE CORP Japan
TELECOM ITALIA SPA TIT Italy
BT GROUP PLC BT/A GB
NTT DOCOMO INC Japan
O2 PLC OOM GB
BCE INC BCE Canada
ALLTEL CORP AT USA
TELSTRA CORP LTD TLS Australia
CHINA MOBILE (HONG KONG) LTD China
AMERICA MOVIL SA DE CV ADR SERIES L AMX Mexico
KONINKLIJKE (ROYAL) KPN NV KPN 1.65 Holland
AT&T CORP T USA