CCCAGG Benchmark Statement

This benchmark statement intends to define the economic reality measured by the Index and the circumstances in which such measurement may become unreliable. This statement highlights, where applicable, any elements of the calculation of the Index where CCData may apply discretion or expert judgement. This statement also provides an overview of those internal and external factors which may require changes to the methodology of the Index and the potential impact on the value of the financial instruments, products or funds that reference the index.