Renaissance IPO Index - Notice of December 2016 Quarterly Changes

December 12, 2016

The Renaissance IPO Index (Ticker: IPOUSA), the underlying index for the Renaissance IPO ETF (Ticker: IPO), will implement the following constituent changes at the market’s close on Friday, December 16, 2016:

Additions:
Advanced Disposal Services

AdvancePierre Foods Holdings
Box Inc
Camping World Holdings
Extraction Oil & Gas
Houlihan Lokey
Nutanix
Ollie's Bargain Outlet Holdings
Valvoline

Removals:
Alibaba Group Holding
Antero Midstream Partners LP
Axalta Coating Systems
Citizens Financial Group
Diplomat Pharmacy
Dominion Midstream Partners LP
Great Western Bancorp
INC Research Holdings
Juno Therapeutics
LendingClub
Momo ADS
Nevro
OM Asset Management
Paramount Group
PRA Health Sciences
Shell Midstream Partners LP
Store Capital REIT
Virgin America
VWR
Wayfair
Zayo Group Holdings