GLOBAL Real Estate

Cohen & Steers Global Realty Majors ETF (GRI) offers investors an opportunityto benefit from the potentially substantial and growing long-term income streams and diversification benefits that REITs and REIT-like structures may provide, including:

PARTICIPATION in the potential growth and development of REITs worldwide. Many countries have created REIT-like structures or are considering similar legislation that promotes dividend oriented business models.

DIVERSIFICATION by asset class and geography. Global real estate securities have historically had low correlations to other markets. And because every country’s business cycle is unique, correlations among regions and countries tend to be relatively low.

DIRECT participation in local economic growth. As most real estate companies operate primarily in their home markets, real estate securities are one of the best and most direct ways to participate in a region’s economic growth.

Cohen & Steers

By investing in GRI, investors will have access to the insight of Cohen & Steers, an investment manager that has local presence and proven market expertise. GRI’s portfolio will track the Cohen & Steers Global Realty Majors Index.

TEAM Cohen & Steers has a deep and experienced Real Estate Securities team of 37 investment professionals dedicated to global real estate securities. They are located in New York, London, Brussels and Hong Kong.

APPROACH Quantitative and qualitative screens are used to identify global real estate companies that are likely to lead to the securitization of real estate globally.

GOAL Seeks investment results that correspond generally to the performance of the Cohen & Steers Global Realty Majors Index by investing in the those real estate companies that may lead to the global securitization of real estate.

CHARACTERISTICS

• 75 industry-leading real estate companies
• Diversification by geography and property sector
• Investments in developed markets such as North America, Asia Pacific and Europe
• Quarterly rebalancing

ETF Structure

The ETF structure provides investors with cost-effective, transparent and liquid access to global real estate securities.

LOW Expense ETFs are passively managed and generally operate with low annual expenses that benefit investors in the form of low expense ratios. The expense ratio for GRI is 0.55%. Ordinary brokerage commissions apply.

TAX Efficient ETFs trade on an exchange and do not have to sell securities to cover redemptions, which increases their tax efficiency.

TRADING Flexibility ETFs trade throughout the day with continuous pricing, and can be purchased in odd lots and as round lots, which require a relatively low outlay of cash.¹

TRANSPARENCY ETFs track a specific index, and list the securities held in the portfolio.

1) ETFs are subject to risks similar to those of stocks, including those regarding short selling and margin account maintenance.

Past performance is not indicative of future results.

Diversification does not eliminate the risk of experiencing investment losses.

A correlation of +1 means the securities move perfectly in tandem; a correlation of -1 means the returns move in opposite directions.