SDI's International Equity strategy provides clients with a diversified portfolio of 175-250 non-US, large capitalization stocks. Stocks are selected from a starting universe of more than 12,000 companies in 40 developed and emerging market countries. SDI's proprietary quantitative model identifies companies with high 12-month return momentum, low P/E and low residual volatility. A portfolio optimization is used to maximize alpha subject to a number of constraints which include internal guidelines as well as any specific client restrictions.

The International Equity strategy is designed to outperform the MSCI World ex USA Index by 200 - 300 bps per annum, over a full market cycle. At a client's request, the firm is willing to consider other appropriate indices such as the MSCI EAFE or ACWI. Indices will be considered so long as they allow comparison of the product's performance to one that is representative of this strategy.

SDI's US Large Cap Value strategy provides clients with a diversified portfolio of 140-200 US based large capitalization value stocks. Stocks are selected from a starting universe of more than 12,000 companies in 40 developed and emerging market countries. SDI's proprietary quantitative model identifies companies with high 12-month return momentum, low P/E and low residual volatility. A portfolio optimization is used to maximize alpha subject to a number of constraints which include internal guidelines as well as any specific client restrictions.

The US Large Cap Value strategy is designed to outperform the Russell 1000 Value Index by 200 - 300 bps per annum, over a full market cycle. At a client's request, the firm is willing to consider other appropriate indices such as the S&P 500 Value Index. Indices will be considered so long as they allow comparison of the product's performance to one that is representative of this strategy.

TRIPLE BOTTOM LINE PRODUCTS

SDI believes that there is an opportunity to create investment strategies that offer investors a way to earn market rates of return ('first bottom line') while investing in companies that generate a positive social ('second bottom line') and environmental/carbon ('third bottom line') impact. It is this philosophy that led to the development of the firm's Triple Bottom Line ("TBL") products. These investment strategies are designed to invest in companies that are ranked as "best in class" for their environmental and social policies while exceeding the returns of traditional market benchmarks.

SDI's International Equity strategy provides clients with a diversified portfolio of 75-100 non-US, large capitalization stocks. Stocks are selected from a starting universe of more than 12,000 companies in 40 developed and emerging market countries. SDI's proprietary quantitative model identifies companies with high 12-month return momentum, low P/E and low residual volatility. A portfolio optimization is used to maximize alpha subject to a number of constraints which include internal guidelines as well as any specific client restrictions. For TBL International Equity strategy, SDI's process also incorporates Risk Metric's (formerly known as Innovest Strategic Value Advisors) ESG and Carbon Beta stock ratings. Companies must be rated at least "A" or better to be eligible for inclusion in the strategy.

The TBL International Equity strategy is designed to outperform the MSCI World ex USA Index by 200 - 300 bps per annum, over a full market cycle. At a client's request, the firm is willing to consider other appropriate indices such as the MSCI EAFE or ACWI. Indices will be considered so long as they allow comparison of the product's performance to one that is representative of this strategy.

SDI's US Large Cap Value strategy provides clients with a diversified portfolio of 70-100 US based large capitalization value stocks. Stocks are selected from a starting universe of more than 12,000 companies in 40 developed and emerging market countries. SDI's proprietary quantitative model identifies companies with high 12-month return momentum, low P/E and low residual volatility. A portfolio optimization is used to maximize alpha subject to a number of constraints which include internal guidelines as well as any specific client restrictions. For TBL US Large Cap Equity strategy, SDI's process also incorporates Risk Metric's (formerly known as Innovest Strategic Value Advisors) ESG and Carbon Beta stock ratings. Companies must be rated at least "A" or better to be eligible for inclusion in the strategy.

The TBL US Large Cap strategy is designed to outperform the S&P 500 Index by 200 - 300 bps per annum, over a full market cycle. At a client's request, the firm is willing to consider other appropriate indices such as the Russell 1000 Index. Indices will be considered so long as they allow comparison of the product's performance to one that is representative of this strategy.

SDI's TBL Global ADR strategy provides clients with a diversified portfolio of 75-100 large capitalization stocks from around the world that are traded in the US as common stocks or ADRs. Stocks are selected from a starting universe of more than 12,000 companies in 40 developed and emerging market countries. SDI's proprietary quantitative model identifies companies with high 12-month return momentum, low P/E and low residual volatility. A portfolio optimization is used to maximize alpha subject to a number of constraints which include internal guidelines as well as any specific client restrictions. For the Global ADR strategy, SD also incorporates Risk Metric's (formerly known as Innovest Strategic Value Advisors) ESG and Carbon Beta stock ratings. Companies must be rated at least "A" or better to be eligible for inclusion in the strategy.

The TBL Global ADR strategy is designed to outperform the MSCI World Index by 200 - 300 bps per annum, over a full market cycle.