Alaia SPDR® S&P 500® ETF Defined Outcome Solution

Investment Objective

The trust seeks to provide a percentage return per unit, on the series mandatory dissolution date, of 3 times any percentage increase of the Reference Asset relative to the Initial Reference Value, up to a maximum return of [15-18]%. If the value of the Reference Asset decreases from the Initial Reference Value, the return on the units will be negative and will equal the percentage decrease of the Reference Asset. The Reference Asset for this trust is the SPDR® S&P 500® ETF (SPY), which is an exchange-traded fund that tracks the investment results of the S&P 500® index.

Key Features

Alaia SPDR® S&P 500® ETF Defined Outcome SolutionSeries 1-1
Maturity Date11.22.2018 Reference AssetSPDR® S&P 500® ETF (SPY) Fee-based CUSIP010728103 Standard CUSIP010728202
Inception Date11.18.2016

Fund Documentation

You should consider the fund’s investment objective, risks and charges and expenses carefully before investing. Contact your financial adviser or read the prospectus below which contains this and other information on the fund. Read it carefully before you invest