eneration ("Alpha") Annualized Alpha Generation Since Inception Alpha vs. MSCI AC World Alpha vs. MSCI World 11.72% 0% 5% 10% 15% 20% AGS MSCI AC Wald MSCI World Sortino Ratio• Since Inception I.27 0.34 0.35 0 0.5 1.5 Source: Index performance information is from Bloomberg. For complete ci

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eneration ("Alpha") Annualized Alpha Generation Since Inception Alpha vs. MSCI AC World Alpha vs. MSCI World 11.72% 0% 5% 10% 15% 20% AGS MSCI AC Wald MSCI World Sortino Ratio• Since Inception I.27 0.34 0.35 0 0.5 1.5 Source: Index performance information is from Bloomberg. For complete ci