Statutory Accounting Principles Working Group

Shares of the ETF on the SVO listing are either reported as bonds (under SSAP No. 26R) or preferred stock (under SSAP No. 32) based on the underlying holdings of the ETF. If an ETF does not meet the criteria to be included on the SVO-Listing for inclusion in scope of SSAP No. 26R or SSAP No. 32, it is captured in SSAP No. 30. ................
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