Brian Freitas

Pan-Asia Index Rebalances/Events/Delta One

Event-Driven

<ul>
<li>Following <a href="https://www.smartkarma.com/entities/kuk-il-paper-mfg-co-ltd" target="_blank" data-smartkarma-citation="entities:12706:1" rel="noopener">Kuk Il Paper Mfg (078130 KS)</a>'s designation as an Administrative Issue, the stock will be deleted from the <a href="https://www.smartkarma.com/entities/kosdaq-150-index" target="_blank" data-smartkarma-citation="entities:31077:1" rel="noopener">KOSDAQ 150 Index</a> and replaced with Lake Materials (281740 KS).</li>
<li>The timing of the index change is currently uncertain but will be implemented latest by the close of trading on 6 April.</li>
<li>Lake Materials (281740 KS) was up today and is nearing its highs. There could be another leg higher on the inclusion but we'd be wary of chasing the stock higher.</li>
</ul>

Periscope Analytics

Periscope Analytics focuses on event-driven trades across Asia Pacific and provides comprehensive, timely and systematic coverage of index changes to major Asia Pacific indices in a structured manner.

The analysis includes forecasted inclusions and exclusions to all major Asian indices that have significant amount of tracking assets, including estimates of passive buy/sell flow on the stocks. The service also provides commentary and impact of market consultations, ground rule changes, and other events (IPOs, spin-offs, M&A) that could lead to index changes and passive flow.

Periscope Analytics works with multi-strategy hedge funds, proprietary trading firms, stat arb trading groups and long-only investors that invest and trade in the Asia Pacific region with the data being used to trade index rebalances, avoid pre-positioning and passive flow, and to time entry into and exit from stocks.

Kuk Il Paper Mfg

KOSDAQ150 Ad Hoc Index Rebalance: Lake Materials (281740) To Replace Kuk Il Paper (078130)