* The Long/Cash Indexes are evaluated to determine the allocation to cash after the close of the first business day of each month using market data through the end of the prior month.
Past returns do not guarantee future results. The Nasdaq Victory Indexes are unmanaged; investors are not able to invest directly into any index. Index returns do not include any expenses. Strategies intended to hedge risk may be partly or wholly unsuccessful.
The Nasdaq Victory Volatility Weighted Indexes are passive indexes that represent the broad market and are not indicative of any particular investment. Past returns do
not guarantee future results. As with all indexes, these Indexes are unmanaged, and investors are not able to invest directly in any index. Index returns do not include any
Nasdaq is a registered trademark of Nasdaq, Inc. and its affiliates (together, “Nasdaq”) and is licensed for use by Victory Capital. The product(s) are not issued, endorsed, sold, or promoted by Nasdaq. Nasdaq makes no warranties as to the legality or suitability of, and bears no liability for, the product(s).