FTSE Emerging Cyclical and Defensive Indices
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1 FTSE FACTSHEET FTSE Emerging Cyclical and Defensive Indices Data as at: 31 May 2016 bmktitle1 The FTSE Cyclical and Defensive Index Series aims to offer contrasting degrees of sensitivity to the economic cycle in order to improve the transparency of market dynamics, and provide a mechanism for investors to implement an informed economic view. Indices within the Cyclical series are designed to be sensitive to the economic cycle, while those within the Defensive series are designed to be relatively insensitive. The index series uses the Industry Classification Benchmark (ICB) subsectors which are classified as Defensive or Cyclical. See the FTSE Cyclical and Defensive Index Series Ground Rules for a full description of the methodology for initial and subsequent annual subsector classification, constituent selection and weighting. Note: the specific ground rules for this index series should be read in conjunction with the ground rules for the relevant underlying index. 5-Year Performance relative to FTSE Emerging - Total Return Relative to FTSE Emerging (USD) May-2011 May-2012 May-2013 May-2014 May-2015 May-2016 FEATURES Coverage ists of stocks from Cyclical or Defensive ICB subsectors within the underlying index. Objective The indices are designed for the creation of ETFs and derivatives. Investability Stocks are selected and weighted to ensure that the index is investable. Capping Company level weights are capped at 10% on a quarterly basis to avoid overconcentration. Liquidity Stocks in the underlying index are screened to ensure that the index is tradable. Transparency FTSE Emerging Cyclical Data as at month end FTSE Emerging Defensive The indices use a transparent, rules-based construction process. Index Rules are freely available on the FTSE website. Performance and Volatility - Total Return Index (USD) Return % Return pa %* Volatility %** 3M 6M YTD 12M 3YR 5YR 3YR 5YR 1YR 3YR 5YR FTSE Emerging Cyclical FTSE Emerging Defensive FTSE Emerging * Compound annual returns measured over 3 and 5 years respectively ** Volatility 1YR based on 12 months daily data. 3YR based on weekly data (Wednesday to Wednesday). 5YR based on monthly data Year-on-Year Performance - Total Return Index % (USD) Availability The indices are calculated based on price, total return and net total return methodologies, both real time and end-ofday. Industry Classification Benchmark Index constituents are categorized in accordance with the Industry Classification Benchmark (ICB), the global standard for industry sector analysis. FTSE Emerging Cyclical FTSE Emerging Defensive FTSE Emerging Source: FTSE Russell as at 31 May Past performance is no guarantee of future results. Please see disclaimer for important legal information. 1 of 5
2 Return/Risk Ratio and Draw Down - Total Return Index (USD) Return/Risk Ratio Drawdown (%) 1YR 3YR 5YR 10YR 1YR 3YR 5YR 10YR FTSE Emerging Cyclical FTSE Emerging Defensive FTSE Emerging Return/Risk Ratio based on compound annual returns and volatility in Performance and Volatility table Drawdown - based on daily data Top 10 tituents - FTSE Emerging Cyclical Index tituent Country ICB Subsector Housing Development Finance India Mortgage Finance 25, Steinhoff International Holdings N.V. South Africa Furnishings 13, Astra International Indonesia Auto Parts 9, Cielo SA Brazil umer Finance 8, China Steel Taiwan Iron & Steel 8, BM&F Bovespa Brazil Investment Services 7, Grupo Mexico Mexico Nonferrous Metals 7, Tata Motors India Commercial Vehicles & Trucks 6, Itausa PN Brazil Specialty Finance 6, MMC NORILSK NICKEL Russia Nonferrous Metals 6, Totals 98, Top 10 tituents - FTSE Emerging Defensive Index tituent Country ICB Subsector Ambev SA Brazil Brewers 20, Femsa UBD Mexico Soft Drinks 16, INFORMATION Index Universe FTSE Emerging Index Index Launch 31 January 2013 Base Date 21 September 2012 Base Value 1000 Investability Screen Actual free float applied and liquidity screened Index Calculation Real-time and end-of-day indices available End-of-Day Distribution Via FTP and Currency USD, AUD, EUR, JPY, GBP Review Dates Annually in September History 21 September 2007 Tenaga Nasional Malaysia Alternative Electricity 12, Sun Pharmaceuticals Industries India Pharmaceuticals 12, BRF S.A. Brazil Food Products 10, Uni-president Enterprises Taiwan Food Products 8, Hindustan Unilever India Personal Products 8, ITC India Tobacco 8, PJSC MAGNIT Russia Food Retailers & Wholesalers 8, CP ALL Thailand Food Retailers & Wholesalers 6, Totals 111, ICB Industry Overview FTSE Emerging Cyclical FTSE Emerging Defensive FTSE Emerging ICB Code ICB Industry 0001 Oil & Gas , Basic Materials , , Industrials 8 26, , umer Goods 5 27, , , Health Care , , umer Services 4 10, , , Telecommunications , Utilities , , Financials , , Technology , Totals , , ,033, Source: FTSE Russell as at 31 May Past performance is no guarantee of future results. Please see disclaimer for important legal information. 2 of 5
3 ICB Subsector Breakdown FTSE Emerging Cyclical FTSE Emerging Defensive ICB Code ICB Subsector 1737 Paper 5 11, Aluminum/Aluminium 1 1, Nonferrous Metals 7 19, Iron & Steel 8 25, Coal 5 14, General Mining 5 12, Gold Mining 3 12, Platinum & Precious Metals 2 3, Commercial Vehicles & Trucks 8 26, Auto Parts 4 14, Brewers , Soft Drinks , Farming Fishing & Plantations , Food Products , Furnishings 1 13, Personal Products , Tobacco , Pharmaceuticals , Food Retailers & Wholesalers , Apparel Retailers 4 10, Conventional Electricity , Alternative Electricity , Gas Distribution , Water , umer Finance 1 8, Specialty Finance 8 28, Investment Services 11 39, Mortgage Finance 2 26, Totals , , Source: FTSE Russell as at 31 May Past performance is no guarantee of future results. Please see disclaimer for important legal information. 3 of 5
4 31 May 2016 FTSE Emerging Cyclical and Defensive Indices Data as at: 31 May 2016 Country Breakdown FTSE Emerging Cyclical FTSE Emerging Defensive FTSE Emerging Country Brazil 11 44, , , Chile 1 2, , , China 16 46, , , Colombia 2 6, , Czech Rep , , Egypt , Greece , Hungary , , India 16 68, , , Indonesia 2 11, , , Malaysia , , Mexico 3 9, , , Pakistan , Peru 1 3, , Philippines , , Poland 1 1, , , Russia 3 10, , , South Africa 13 42, , , Taiwan 4 15, , , Thailand , , Turkey 2 4, , , UAE , Totals , , ,033, Index Characteristics Attributes FTSE Emerging Cyclical FTSE Emerging Defensive FTSE Emerging Number of constituents , ,084 3,033,757 Dividend Yield % tituent Sizes ( USDm) Average 3,577 4,068 3,118 Largest 25,337 20, ,191 Smallest Median 2,635 3,039 1,396 Weight of Largest tituent (%) Top 10 Holdings (% Index MCap) Data definitions available from info@ftse.com To learn more, visit index@russell.com, info@ftse.com; or call your regional Client Services Team office: EMEA +44 (0) North America Asia-Pacific Hong Kong Tokyo Sydney +61 (0) Source: FTSE Russell as at 31 May Past performance is no guarantee of future results. Please see disclaimer for important legal information. 4 of 5
5 bmkimage1 bmkimage2 bmkimage London Stock Exchange Group plc and its applicable group undertakings (the LSE Group ). The LSE Group includes (1) FTSE International Limited ( FTSE ), (2) Frank Russell Company ( Russell ), (3) FTSE TMX Global Debt Capital Markets Inc. and FTSE TMX Global Debt Capital Markets Limited (together, FTSE TMX ) and (4) MTSNext Limited ( MTSNext ). All rights reserved. FTSE Russell is a trading name of FTSE, Russell, FTSE TMX and MTS Next Limited. FTSE, Russell, FTSE Russell MTS, FTSE TMX, FTSE4Good and ICB and all other trademarks and service marks used herein (whether registered or unregistered) are trade marks and/or service marks owned or licensed by the applicable member of the LSE Group or their respective licensors and are owned, or used under licence, by FTSE, Russell, MTSNext, or FTSE TMX. All information is provided for information purposes only. Every effort is made to ensure that all information given in this publication is accurate, but no responsibility or liability can be accepted by any member of the LSE Group nor their respective directors, officers, employees, partners or licensors for any errors or for any loss from use of this publication or any of the information or data contained herein. No member of the LSE Group nor their respective directors, officers, employees, partners or licensors make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the FTSE Cyclical and Defensive Index Series or the fitness or suitability of the FTSE Cyclical and Defensive Index Series for any particular purpose to which they might be put. No member of the LSE Group nor their respective directors, officers, employees, partners or licensors provide investment advice and nothing in this document should be taken as constituting financial or investment advice. No member of the LSE Group nor their respective directors, officers, employees, partners or licensors make any representation regarding the advisability of investing in any asset. A decision to invest in any such asset should not be made in reliance on any information herein. Indexes cannot be invested in directly. Inclusion of an asset in an index is not a recommendation to buy, sell or hold that asset. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional. No part of this information may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior written permission of the applicable member of the LSE Group. Use and distribution of the LSE Group index data and the use of their data to create financial products require a licence from FTSE, Russell, FTSE TMX, MTSNext and/or their respective licensors. Past performance is no guarantee of future results. Charts and graphs are provided for illustrative purposes only. Index returns shown may not represent the results of the actual trading of investable assets. Certain returns shown may reflect back-tested performance. All performance presented prior to the index inception date is back-tested performance. Back-tested performance is not actual performance, but is hypothetical. The back-test calculations are based on the same methodology that was in effect when the index was officially launched. However, back- tested data may reflect the application of the index methodology with the benefit of hindsight, and the historic calculations of an index may change from month to month based on revisions to the underlying economic data used in the calculation of the index. Source: FTSE Russell as at 31 May Past performance is no guarantee of future results. Please see disclaimer for important legal information. 5 of 5
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