Protocol Adherence

Protocol: ISDA 2015 Section 871(m) Protocol

Adhering Organization: FFCM LLC

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Date: May 11, 2017

 

Dear Sirs,

ISDA 2015 Section 871(m) Protocol - Adherence

The purpose of this letter is to confirm our adherence to the ISDA 2015 Section 871(m) Protocol as published by the International Swaps and Derivatives Association, Inc. (ISDA) on November 2, 2015 (the Protocol). This letter constitutes, as between each other Adhering Party and us, an Adherence Letter as referred to in the Protocol. The definitions and provisions contained in the Protocol are incorporated into this Adherence Letter, which will supplement and form part of each Covered Master Agreement between us and each other Adhering Party.

1. Specified Terms

As between each other Adhering Party and us, the amendments in the Attachment to the Protocol shall apply to each Covered Master Agreement to which we are a party in accordance with the terms of the Protocol and this Adherence Letter.

2. Appointment as Agent and Release

We hereby appoint ISDA as our agent for the limited purposes of the Protocol and accordingly we waive any rights and hereby release ISDA from any claims, actions or causes of action whatsoever (whether in contract, tort or otherwise) arising out of or in any way relating to this Adherence Letter or our adherence to the Protocol or any actions contemplated as being required by ISDA.

3. Payment

Each Adhering Party must submit a one-time fee of U.S. $500 to ISDA at or before the submission of this Adherence Letter.

4. Contact Details

Our contact details for purposes of this Adherence Letter are:

CONTACT INFORMATION PROVIDED BY REQUEST ONLY
Contact Us

We consent to the publication of a conformed copy of this letter by ISDA and to the disclosure by ISDA of the contents of this letter.

FFCM LLC
549300WQI1HX36T8P037


BY:

CONTACT INFORMATION PROVIDED BY REQUEST ONLY
Contact Us
Appendix:
FQF Trust - QuantShares U.S. Market Neutral Momentum Fund
549300SY1T4CRY1F4U32
FQF Trust - QuantShares U.S. Market Neutral Size Fund
549300RC3OV9ZMUQR596
FQF Trust - QuantShares U.S. Market Neutral Anti-Beta Fund
549300YBDDPCJBGJCO29
FQF Trust - QuantShares U.S. Market Neutral Value Fund
549300V3L1GUXZTDO670
FQF Trust - O'Shares FTSE Europe Quality Dividend Hedged ETF
549300C1NYNDYZJJ6A45
FQF Trust - O'Shares FTSE Asia Pacific Quality Dividend Hedged ETF
549300YCSR4QB58SKC28
FQF Trust - QuantShares Hedged Dividend Income Fund
549300S7G8P3XGG54P82