NASDAQ VELES CALIFORNIA WATER INDEX (NQH2O)

GRAPH ILLUSTRATING 6 YEARS HISTORIC PRICING OF NQH2O

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QUALITIES:

1. Shows above market norms in terms of Volatility.

2. Represents times of water shortage/excess by upward price and downward price
movements respectively.

3. Has a unique profile not correlated with other asset classes making it an excellent
investment diversification tool.

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