2014 Annual Report SANTIAGO STOCK EXCHANGE
2014 Annual Report SANTIAGO STOCK EXCHANGE
TABLE OF CONTENTS PAGE 4 PAGE 8 PAGE 16 PAGE 24 Letter from the Chairman INTRODUCTION CORPORATE GOVERNANCE OUR COMPANY Vision, Mission and Pillars Profile History Board of Directors Management Committees Organizational Structure Achievements 2014 A Global Exchange Committees Central Counterparty (CCLV)
2014 Annual Report SANTIAGO STOCK EXCHANGE 05 PAGE 42 PAGE 52 PAGE 62 PAGE 70 PAGE 90 PRODUCTS AND SERVICES OUR BROKERS COMMUNITY RELATIONS OUR ECONOMY AND STOCK MARKET IN 2014 MARKET SNAPSHOT From Routing to Back Office Our Products and Services Technical Data on Brokers Investors Education Our Associates The Economy in Figures 2014 Stock Market Summary Market Statistics Issuers
2014 Annual Report SANTIAGO STOCK EXCHANGE 07 LETTER FROM THE CHAIRMAN Santiago Stock Exchange experienced major changes in 2014. As chairman, I have worked closely with the board of directors and management team to address each of the challenges set for our organization from a foundation built on two pillars: trust and transparency. Both of these concepts will enable us to properly lead our securities market into the future. The changes currently taking place in our society place growing demands on us. Our mandate is to openly address these demands and adapt to an increasingly dynamic market that requires us to constantly review our processes to incorporate cutting-edge technologies, integrate with other financial markets, adopt international standards and generate clear rules of self-regulation and continuous improvement. As an exchange, we have focused earnestly on evaluating market operations and areas for improvement. We view transparency and trust as fundamental values that must prevail in our market and place them at the core of everything we do. This focus led to a joint effort to advocate for changes in the operating rules for the equity market, enhance conflict resolution mechanisms and contribute to modernization and increased competition. In this spirit, new regulations were submitted to the Securities and Insurance Supervisor (SVS) for approval in July as part of an effort to increase competition and liquidity in equity transactions within Santiago Stock Exchange and enhance the price formation process. These measures were drafted based on suggestions made by an ad hoc committee.
A ruling was also proposed to amend the Broker Rights and Obligations Manual, which was published for public consultation in late 2014 and submitted for SVS approval in January 2015. The amendments comprehensively address aspects related to the prevention and handling of conflicts of interest involving brokers. The proposed initiatives and changes represent important progress in modernizing the operating regulations of our equity market. They also represent a major milestone in the process of adopting international standards and continuously adapting to the stock market s demanding conditions. In a year in which traded volumes on the domestic equity market hit their lowest point since 2006, one of the major challenges has been to strengthen the positioning of Santiago Stock Exchange as an open market and a gateway to the region for foreign investors, so that, together with the active involvement of domestic investors, we can contribute to the growth of the Chilean capital market and the strengthening of our economy. The decision to attract new investors led to an agreement with a subsidiary of Toronto Stock Exchange, TSX Venture Exchange, to create a venture market in Chile. This new market facilitates the listing of mining companies, particularly those in the exploration phase, and start-ups in diverse industries (energy, pharmaceuticals, electronics and IT, among others), thus supporting innovation and the development of new enterprise in our country. Another major milestone was the Mexican Stock Market s entry into the Latin American Integrated Market (MILA). Its incorporation alongside the exchanges of Colombia, Peru and Chile generates a point of attraction for a larger number of foreign investors to join this integrated platform, which already boasts three years in operation. On par with the development of our institution and the securities market, we have set the goal of staying at the forefront of technology, incorporating innovations, systems and equipment similar to those used by the world s leading exchanges. As a result, today our clients can manage their operations efficiently using our fully automated, world-class online platform. In other matters, Santiago Stock Exchange joined the Sustainable Stock Exchanges (SSE) initiative, which was created in 2009 by the United Nations. It currently includes 16 exchanges, including New York, London, Frankfurt, Johannesburg, and Mexico City, Colombia, Brazil and Lima within Latin America. The organization is a peer-to-peer learning platform for exploring how exchanges, in collaboration with investors, regulators, and companies, can enhance corporate transparency and encourage responsible investment from an environmental, social and corporate governance perspective. Similarly, in order to cultivate an environment of socially responsible investment that is sustainable over the long term based on the increasingly demanding requirements of investors and society in general, Santiago Stock Exchange successfully concluded a private bidding process to construct, implement and market a new Sustainability Index.
2014 Annual Report SANTIAGO STOCK EXCHANGE 09 Through this index, Santiago Stock Exchange aims to maintain its leadership in promoting the incorporation of sustainable processes and practices within companies listed on the Chilean stock market, creating value for the concept of sustainability, giving greater visibility to companies that comply with applicable international standards and providing additional information to investors. We are confident that the work we began in 2014 will enhance the reputation and transparency of the Chilean capital market in the future and will increase the appeal of our exchange, contributing to its internationalization and growth and to the dynamism of the stock market. With this, we will help recognize the sustainability efforts of Chilean companies and foster the commitment of locally listed companies with environmental, governance, social and corporate matters. Sustainability, defined as a balance of economic, social and environmental elements, cannot be separated from success in business and will be a driving force for its value in the future. We believe it is important for stock exchanges to make it a priority to increase the transparency of listed companies and their commitment to matters of environmental, social and corporate governance while promoting awareness of these issues. In this way, investors will have better information on companies sustainability efforts and will be able to make investment decisions that are compatible with these concepts. As such, Santiago Stock Exchange seeks to make a decided contribution to market development and the country s prosperity. We are conscious of our role as a public market and our responsibility to optimize price formation in our stock market, helping issuers obtain financing, providing opportunities for investors and enabling buyers and sellers to freely trade financial instruments in a trusted and transparent environment. Juan Andrés Camus Camus Chairman
2014 Annual Report SANTIAGO STOCK EXCHANGE 11 OUR VISION To be leaders in the securities market, providing exceptional, comprehensive service to all customers. OUR MISSION To provide the best opportunities offered by the securities market, thus contributing to Chile's development.
OUR PILLARS TRUST Acting in conformity with strict ethical principles and meeting commitments, establishing solid, long-term relationships based on transparency. EXCELLENCE SERVICE Promoting a customer-focused organizational culture and always providing the best service. INNOVATION Anticipating new challenges, creating and developing the best business opportunities.
2014 Annual Report SANTIAGO STOCK EXCHANGE 13
PROFILE Founded in November 1893, Santiago Stock Exchange is a corporation that provides infrastructure and value-added services for securities market transactions and develops regulations, systems and products to ensure an equitable, competitive, orderly and transparent market. Considered the most important domestic exchange, its corporate objective is to contribute to the country's development through capital markets with exceptional, comprehensive service, helping issuers access different sources of funding, generating value for investors and enabling intermediaries and clients to trade financial instruments in a trusted and transparent environment. Its main challenges center primarily on developing and strengthening the securities market, integrating with international financial markets, incorporating new technologies and encouraging investor participation. In addition to providing exceptional, comprehensive service to all customers, Santiago Stock Exchange promotes the country's development and economic growth through the securities market.
2014 Annual Report SANTIAGO STOCK EXCHANGE 15 EXCELLENCE SERVICE Transactions 5,120,083 Total trades conducted within the exchange and over-the-counter. Uptime rate for services, the highest in the exchange's history 99.99% Brokers and institutional customers; including banks, pension fund administrators (AFP,s) insurance companies, among others. External customers, including holding companies, family offices, international vendors, routing networks, among others. Percentage of transactions settled by the CCLV with 100% effective compliance and 99.86% position compliance. Total amount settled MCh$ 56,386,272 103 200 100% Best Practice Committee Number of cases filed with Santiago Stock Exchange Best Practice Committee by brokerage customers in 2014 Number of inquiries, incidents and requests received by the customer service department in 2014 50.4% were resolved satisfactorily within 10 minutes 3 14,650 Auditing and Control Audits and other Internal audits and other reviews to brokers reviews to Santiago stock 110 Exchange and CCLV 37
OUR HISTORY Towards the end of the 19th century, the Chilean economy showed signs of a formal business market with more than 160 corporations, but it lacked vitality and dynamism. In response, on November 27, 1893, Santiago Stock Exchange was founded in order to contribute to the economy, making more funding available for emerging companies that were looking to do business in Chile. Under the chairmanship of Jorge Montt, a decree was signed that established the entity s by-laws with initial capital of Ch$ 50,000. Equity trading began with around 50 companies listed, mainly banks, mining, insurance, sodium nitrate mines and livestock companies. With this, the exchange's spirit of resilience emerged to contend with the complex scenario affecting the domestic economy. In early 1929, the securities market enjoyed a period of prosperity thanks to an economic boom in Chile. These favorable conditions were repeated in a large part of economies throughout the world. However, this scenario changed for everyone in October 1929. The so-called "black Thursday" dealt a strong blow to the world's main stock markets, a precursor to an economic crisis that would shake the entire world. By 1930, the fall in securities was global and Santiago Stock Exchange was immersed in the depression that would impact the domestic economy until 1932. The period from 1930 to 1960 was unpromising for stock trading. Lower expectations, accompanied by greater government intervention, implied greater obstacles for free enterprise. Thus, market activity became a reflection of the smaller role of private initiative. However, the ability to see opportunities among these changes was always present. In 1944, while World War II was still underway, gold coins and dollars began to be traded, establishing a fledgling business that would extend financial tools for customers. Shares in listed companies continued to be the most traded instruments. For this reason, the General Stock Price Index (IGPA) was created in 1958 to reflect variations in all shares listed on Santiago Stock Exchange. Almost 20 years later, in 1977, a new index was needed: the Selective Stock Price Index (IPSA). This portfolio consists of the 40 shares with the greatest market presence.
2014 Annual Report SANTIAGO STOCK EXCHANGE 17 In the 1980s, the local economy underwent profound changes that paved the way for a new positive economic cycle. Accompanying this new thrust, the use of cutting-edge technologies and the automation of processes by the exchange contributed to the stock market's strong development. Thus, explosive progress was seen, reflected in the substantial growth of market transactions and securities issuances, more diversified instruments and new market openings. In the 1990s, Chilean companies initiated the process of accessing international markets by issuing ADRs, allowing them to incorporate foreign shareholders and obtain capital for expanding operations, located primarily in Latin America. This was a sign of the market's maturity, coming full circle from those first steps taken a century earlier with the trust of close to 50 companies. Subsequent decades were marked by dramatic technological innovation. These changes drove Santiago Stock Exchange to increase the depth of the securities market, adhering to the highest management standards in an increasingly globalized world that forces it to operate hightech platforms and provide its customers with exceptional service. With more than 120 years in business, Santiago Stock Exchange continues to work to contribute to the country's development, helping companies access financing, generating value for shareholders and giving intermediaries and customers the chance to trade financial instruments in a trusted and transparent environment. SANTIAGO STOCK EXCHANGE BUILDING After four years of construction, the building currently housing Santiago Stock Exchange was inaugurated on December 25, 1917, by Juan Luis Sanfuentes, the president of Chile at that time. Designed by the Franco- Chilean architect Emilio Jécquier, the French renaissance-style building featuring gothic structural elements was declared a national historic monument in 1981.
SERVING THE MARKET WITH TRUST AND TRANSPARENCY CHAPTER ONE CORPORATE GOVERNANCE
Corporate Governance BOARD OF DIRECTORS 1 / 2 / 3 / 4 / 5 / 1 / Jaime Larraín Vial 2 / Rodrigo Manubens Moltedo 3 / Óscar Von Chrismar Carvajal 4 / Hernán Somerville Senn 5 / Pedro Salah Ahués Director Director Director Director Director Broker on Santiago Stock Exchange since November 11, 1974. Partner of brokerage house Jaime Larraín y Cía., Corredores de Bolsa Ltda. Director of Santiago Stock Exchange since April 2000. Degree in business administration from Universidad Federico Santa María and Universidad Adolfo Ibáñez, Master of Science from the London School of Economics. Member of the board of directors of Banco de Chile. Chairman of Banchile Seguros de Vida. Director and chairman of Directors Committee of Aguas Andinas. Director of Santiago Stock Exchange since May 2013. Degree in civil engineering from Universidad de Santiago. Vice chairman of Banco Santander. Member of the boards of Banco Santander in Argentina and Peru. Director of Santiago Stock Exchange since April 2012. Degree in law from Universidad de Chile. Member of the board of Enersis. Former member of the board of Inacap and former chairman of Administrador Financiero Transantiago. Director and partner of Fintec Ltda. Director of Santiago Stock Exchange since April 2012. Degrees in chemical engineering and accounting from Pontificia Universidad Católica. Founder of Caja de Compensación La Araucana. Former faculty at Pontificia Universidad Católica de Chile. Director of Santiago Stock Exchange since April 2014.
2014 Annual Report SANTIAGO STOCK EXCHANGE 21 6 / 7 / 8 / 9 / 10 / 11 / 6 / Eduardo Muñoz Vivaldi 7 / Juan Andrés Camus Camus 8 / Nicholas Davis Lecaros 9 / Álvaro Donoso Barros 10 / Juan Eduardo Correa García 11 / Fernando Larraín Cruzat Vice Chairman Chairman Director Director Director Director Degree in industrial engineering from Universidad de Chile. Since 1990, founding partner and chairman of brokerage house Negocios y Valores S.A., Corredores de Bolsa. Before that, he was CEO of Financiera Tasco S.A. (subsidiary of Soc. El Tattersall S.A.), manager of Inversiones Especializadas S.A. INVESSA), CFO of Banco de Constitución, Finance and International Division Manager and Planning Manager at Banco de A. Edwards and partner of brokerage house Raimundo Serrano McAuliffe y Cía. Ltda., Corredores de Bolsa, until 1990. Director of Santiago Stock Exchange since April 2010. Degree in business administration from Pontificia Universidad Católica de Chile. Founding partner and CEO of Celfin Capital from 1988 to 2007. Chairman of Celfin Capital until November 2012. Currently, he is the chairman of BTG Pactual Chile, which merged with Celfin Capital in 2012. He has 35 years' experience in commercial and investment banking. He is currently the chairman of Santiago Stock Exchange and a member of the executive board of CEP. Chairman of EuroAmerica S.A., EuroAmerica Seguros de Vida S.A., EuroAmerica Administradora General de Fondos S.A. and EuroAmerica Servicios Financieros S.A. Director of Santiago Stock Exchange since April 2012. Degree in business administration from Pontificia Universidad Católica and a Master in Economics from the University of Chicago. He is a member of the board of CorpResearch. Before that, he was the director of the International Monetary Fund and the Chilean National Planning Office (Odeplan). He was a board member at the Institute of Economics at Universidad Católica de Chile. He has been a professor and director of several companies from the financial and pension industries. Director of Santiago Stock Exchange since April 2014. Degree in industrial engineering from Pontificia Universidad Católica de Chile. Vice chairman of Banco Bice, chairman of Bice Vida Compañía de Seguros S.A., chairman of Bice Hipotecaria S.A., CEO of Bicecorp S.A. and director of Colbún S.A. Director of Santiago Stock Exchange since 2012. Degree in business administration from Universidad Católica de Chile and an MBA from Harvard Business School. Executive chairman of LarrainVial S.A., parent company of the Larraín Víal group companies, and chairman of LarrainVial Sociedad Administradora de Fondos de Inversión (SAFI) Perú. Member of the boards of Watt s, Activa SPA and Fundación Las Rosas. Director of Santiago Stock Exchange since April 2014.
CORPORATE GOVERNANCE MANAGEMENT 1 / 2 / 3 / 1 / Patricio Rojas Sharovsky Chief Financial Officer The exchange's ability to lead and develop the stock market has been possible thanks to the quality of its human capital and efficient resource management. We have focused on building the skills of our multidisciplinary teams and sharpening expense control and investments in order to improve financial results and ratios and add value for our shareholders. Degree in industrial engineering and MBA from Pontificia Universidad Católica de Chile. He joined Santiago Stock Exchange in September 1997. Chief Financial Officer since August 2009. 2 / Nicolás Almazán Barros Chief Planning and Development Officer In line with our ongoing concern to offer new and better investment alternatives, MILA consolidated its position as a regional model by incorporating the Mexican stock market. We also became an official member of the Sustainable Stock Exchanges Initiative, created by the UN. This select group of 16 exchanges reflects our interest in adopting international best practices on these matters. Degree in business administration from Universidad de Chile and Master in Financial Management from Universidad Adolfo Ibáñez. He joined Santiago Stock Exchange in June 2004. Chief Planning and Development Officer since November 2013. 3 / Andrés Araya Falcone Chief Information Officer With a focus on the security and availability of our services, we recorded the highest uptime rate in the history of Santiago Stock Exchange with 99.99% system effectiveness. This effort was complemented by our certification under ISO 27,001 for information security management and ISO 22,301 for business continuity. Degree in IT engineering from Universidad Diego Portales and MBA from Pontificia Universidad Católica de Chile. He joined Santiago Stock Exchange in January 1988. Chief Information Officer since April 1998.
2014 Annual Report SANTIAGO STOCK EXCHANGE 23 4 / 5 / 6 / 4 / José Antonio Martínez Zugarramurdi Chief Executive Officer We are aware that the market's challenges are multiple and ongoing. During 2014, we have made progress on an important set of initiatives for investors, issuers and intermediaries, always striving to ensure a sound, reliable and transparent securities market. In each of our projects we aim to generate sustainable value for all shareholders and our stakeholders, with a long-term vision for the stock market's development. Degree in industrial engineering from Universidad de Chile and Master in Business Law from Universidad Adolfo Ibáñez. He joined Santiago Stock Exchange in May 1984. Chief Executive Officer since September 1998. 5 / Juan Ponce Hidalgo Chief Operating Officer We have made strides to enhance the equity market's operating regulations by submitting a proposal to the regulator that incorporates new international practices to generate greater liquidity and competition, thus benefitting price formation. Degree in financial engineering from Universidad Diego Portales. He joined Santiago Stock Exchange in July 1976. Chief Operating Officer since July 1995. 6 / Carlos Niedbalski Chacón Chief Audit and Control Officer We improved our external and internal control systems. We created the Financial Analysis and Intelligence Area to detect and anticipate risky situations involving brokers, customers and the market; implemented a new surprise inspection program for brokers; strengthened compliance procedures and incorporated new technology to safeguard information. Degree in business administration from Universidad de Santiago, degree in accounting from Universidad de Chile and Master of Business Administration from Pontificia Universidad Católica de Chile. He joined Santiago Stock Exchange in February 1990. Chief Audit and Control Officer since January 2012.
HONORARY CHAIRMAN AND HONORARY MEMBERS The distinction of Honorary Member is a long-standing tradition in Santiago Stock Exchange, reserved for a select number of individuals. It is granted to those who, after a long time with the institution, have attained sufficient merit to qualify for the recognition and gratitude of the stockholders and brokers as the result of the meritorious and selfless work, benefitting the institution and the brokers profession. The title of Honorary Chairman was instituted in January 1989 and, for the first time in the history of the institution, it was conferred to one of its most outstanding members, that is, a person who was a particularly successful and dedicated Chairman of Santiago Stock Exchange for more than twenty one years. Honorary Chairman Eugenio Blanco Ruiz Honory Members Daniel Covarrubias Ortúzar Gustavo de la Cerda Acuña Tomás Hatton Aguirre Alberto Le Blanc Donaldson Luis Lira Montt Manuel José Ureta Mackenna Pablo Yrarrázaval de Tezanos Pinto OUR COMMITTEES BUSINESS AND TECHNOLOGY COMMITTEE BEST PRACTICE COMMITTEE STANDING MEMBERS Juan Eduardo Correa García Nicholas Davis Lecaros Fernando Larraín Cruzat Hernán Somerville Senn Óscar von Chrismar Carvajal ALTERNATES Henry Comber Sigall Claudio Larraín Kaplan Matías Repetto Vergara Pablo Valenzuela Mardones STANDING MEMBERS Enrique Barros Bourie Lisandro Serrano Spoerer Jorge Tarzijan Martabit ALTERNATES Jorge Jaramillo Selman REGULATIONS, RISK AND AUDIT COMMITTEE STANDING MEMBERS ALTERNATES Álvaro Donoso Barros Jaime Larraín Vial Jaime Larraín Concha Rodrigo Manubens Moltedo Gonzalo Jiménez Parada Eduardo Muñoz Vivaldi Pedro Salah Ahués ETHICS AND DISCIPLINE COMMITTEE STANDING MEMBERS Patricio Parodi Gil Juan Pablo Ugarte Valdés ALTERNATES Marcos Comparini Fontecilla José Luis de la Rosa Muñoz Gonzalo van Wersch Calderón Members in effect as of December 31, 2014.
2014 Annual Report SANTIAGO STOCK EXCHANGE 25 ORGANIZATIONAL STRUCTURE Board of Directors BEST PRACTICE COMMITTEE ETHICS AND DISCIPLINE COMMITTEE BUSINESS AND TECHNOLOGY COMMITTEE REGULATIONS, RISK AND AUDIT COMMITTEE CHIEF AUDIT AND CONTROL OFFICER CHIEF EXECUTIVE OFFICER CHIEF FINANCIAL OFFICER CHIEF INFORMATION OFFICER CHIEF OPERATING OFFICER CHIEF PLANNING AND DEVELOPMENT OFFICER LEGAL COUNSEL
CONNECTED WITH THE PRESENT TO BUILD THE FUTURE CHAPTER TWO OUR COMPANY
2014 HIGHLIGHTS Santiago Stock Exchange set several priorities for 2014, including placing greater emphasis on the transparency with which the Chilean securities market operates, remaining at the forefront of changes in technology and developing new products and services for investors, issuers and intermediaries. Creating a Sustainability Index Early in 2014, Santiago Stock Exchange hired an external consultant to perform a feasibility study on the creation of a Sustainability Index. Then, the Board of Directors agreed in October to launch a bidding process for the construction, implementation and marketing of this new indicator. MSCI ESG Research, a specialist in calculating stock indexes with vast experience developing international methodologies, performed an indepth analysis and assessment of data on the local market and issuers. The firm concluded that Chile has critical mass and meets all necessary conditions for creating a Sustainability Index made up of companies listed on Santiago Stock Exchange. The new Sustainability Index and the related brand will be owned by Santiago Stock Exchange and will complement the exchange's family of indexes, which includes the IGPA, IPSA, INTER-10, cap-weighted indexes and sector indexes. This new indicator will help make the sustainability levels of Chilean companies, measured using international standards, more visible. This initiative aims to help establish an environment of socially responsible investment that is sustainable in the long term, in accordance with the increasingly demanding requirements of society and investors specialized in such matters. Through this index, Santiago Stock Exchange aspires to maintain its leadership in promoting responsible investment. It also aims to create financial incentives for incorporating sustainable processes into the practices of companies listed on the Chilean market, thus helping create value for companies.
2014 Annual Report SANTIAGO STOCK EXCHANGE 29 Agreement with Toronto Stock Exchange: Venture Market Santiago Stock Exchange signed an important agreement in March with TSX Venture Exchange (TSXV), a subsidiary of the Toronto Stock Exchange, to implement an operating model to create a new venture market in Chile, focused on capital financing for companies in early development phases. This agreement will leverage TSXV's experience on the matters and will also provide issuers listed on that exchange the possibility of double listings in the new market. Initially, the activities of Santiago Stock Exchange in this market will center around obtaining capital for small and medium-sized companies from the mining industry, which will help strengthen the bond between the industry and the Chilean capital market. This agreement marks an important milestone for Santiago Stock Exchange. By leading this process, the exchange will both boost the mining sector's visibility on the local market and demonstrate its own capacity to implement innovative strategies in partnership with international exchanges. A Derivatives Market for Chile The derivatives market is a joint initiative involving Santiago Stock Exchange and its clearing house subsidiary, CCLV Contraparte Central S.A., in strategic partnership with BM&FBovespa. The objective of this initiative is to provide the domestic capital market with an institutional regulatory framework and technology for trading, clearing and settling derivative instruments through the stock market. Thanks to the addition of the derivatives market, the financial market in general (intermediaries, banks, institutional and private investors, both local and foreign) can trade futures market instruments directly in the Telepregón HT system, the platform also used for trading equity instruments as well as securities on MILA, the integrated market. As of year-end 2014, Santiago Stock Exchange and CCLV were awaiting SVS approval of the General Regulations for Futures Markets in order to schedule and announce the launch of Santiago Derivatives Market.
A NEW CHAIRMAN FOR Santiago STOCK EXCHANGE In April, the directors of Santiago Stock Exchange elected Juan Andrés Camus chairman of the board. Mr. Camus holds a degree in business administration from Universidad Católica de Chile. He takes the place of Pablo Yrarrázaval, who decided not to run for reelection after leading the institution for 25 years. Eduardo Muñoz was elected vice chairman. In line with the challenges posed by the securities market in an increasingly interconnected world with exacting audiences, Mr. Camus's first eight months at the institution's helm have been dedicated to increasing financial system transparency, improving competition and continuing to adopt international best practices, both for operating processes and securities intermediaries. MEXICAN EXCHANGE JOINS MILA At a meeting of the Executive Committee of the Latin American Integrated Market (MILA), held June 4, 2014, the Mexican Stock Market and Indeval officially announced to the Chilean, Colombian and Peruvian exchanges their intention to join MILA. They were officially incorporated on December 1, 2014. As a result, the Mexican market comes together with Santiago, Colombian and Lima stock exchanges to form one of the most attractive markets in the region. MILA is an integration platform that aims to strengthen the financial business of its member exchanges, accompanying companies and local intermediaries in their regional expansion processes. The union of these four markets will help boost Latin America's international reputation and attract a larger number of foreign investors, among other benefits.
2014 Annual Report SANTIAGO STOCK EXCHANGE 31 MODERNIZING PRO- TRANSPARENCY MARKET REGULATIONS The Board of Directors approved new comprehensive proposed regulation related to preventing and handling broker conflicts of interest; incorporating guidelines on broker relations with investors defined as unqualified and including a set of mandatory compliance standards for brokers that have been issued by the exchange through rulings, internal communications and recommendations from the Best Practice Committee. The initiative also involves current regulations not included in the Broker Rights and Obligations Manual, current mandatory recommendations that have become regulatory requirements and updates to the aforementioned manual. The project was submitted for SVS approval in January 2015. aim to increase competition and liquidity in equity transactions within the exchange, as well as improve price formation. The measures mark an important milestone in the process of integrating international standards and are suitable for current stock market conditions. This is in addition to other pro-transparency activities conducted in 2014 and the Regulatory Ruling project, which was submitted for SVS approval and marks important progress in the process to modernize the operating regulations for our equity market. The regulations SANTIAGO STOCK EXCHANGE JOINS SUSTAINABLE STOCK EXCHANGE INITIATIVE (SSE) The Board of Directors of Santiago Stock Exchange approved the entity's incorporation into the Sustainable Stock Exchanges Initiative (SSE) created in 2009 by the United Nations. This initiative already includes the stock markets of New York, London, Frankfort and Johannesburg, as well as regional exchanges such as Mexico, Colombia, Brazil and Lima. The decision to join the SSE is in line with efforts by Santiago Stock Exchange to promote matters of sustainability and transparency in the financial system, aimed at adopting international best practices on such issues. The exchange was accepted by the SSE and became an official member in early December 2014.
PARTNERSHIP WITH TRANSPARENCY COUNCIL In line with the exchange's concern for improving the quality of individuals' investment decisions, Chairman Juan Andrés Camus and the Chairwomen of the Transparency Council, Vivianne Blanlot, signed a collaboration agreement for these institutions to work together to implement activities to strengthen practices involving transparency and access to market information. This agreement will help expand the awareness and validity of the transparency principle for users of information from Santiago Stock Exchange, its intermediaries and listed companies; broaden access to information by sectors of the population that are generally removed from securities market practices and develop mechanisms to access information, receive feedback and encourage citizen participation that enable us to identify new information needs. TRADING, SETTLEMENT AND CUSTODY OF FOREIGN SECURITIES IN LOCAL CURRENCY As of the first business day in December, Santiago Stock Exchange, CCLV and the Central Securities Deposit (DCV) began trading and settling foreign securities in local currency for the purposes of offering them publicly in Chile and providing local custody services for these instruments. This was made possible thanks to the Chilean Central Bank's approval of that standard in April 2014. This initiative, which allows shares of mutual funds and exchange traded funds (ETF) and foreign equities to be traded in local currency, simplifies trading and settlement and allows for better monitoring of these securities by investors. It also increases investment alternatives and opportunities in the local market, making the market more attractive and contributing to its growth and development.
2014 Annual Report SANTIAGO STOCK EXCHANGE 33 SANTIAGO STOCK EXCHANGE AND CCLV OBTAIN ISO 27,001 CERTIFICATION AND MOVE FORWARD ON ISO 22,301 After more than a year of work, Santiago Stock Exchange and its subsidiary CCLV Contraparte Central S.A. obtained ISO 27,001 certification (2013 version), from the British Standards Institution (BSI), a world leader in corporate standards. This certification guarantees the security of all services to the public. The exchange also made strides on certification under ISO 22,301 (2012 version), which ensures that the entity is prepared to continue operating and fulfilling internal and regulatory requirements as well as customer requests even in difficult or unexpected circumstances. Both certifications apply to the ongoing development, support and maintenance of the software and technology platforms that support the four business units within Santiago Stock Exchange: Electronic Trading, Market Systems, Integrated Broker Management Systems and Financial Instrument Clearing and Settlement Systems provided by the CCLV. IMPROVING THE CUSTOMER EXPERIENCE The foundations of Santiago Stock Exchange's Customer Service Strategy developed in 2014 are efficient resolution, timely reporting and high quality standards. In order to co-design the ideal customer experience and draft an implementation plan, the exchange organized four practical workshops bringing together managers, deputy managers and representatives from customer service channels to analyze opportunities for improvement using the Lego Serious Play methodology. As a result of these workshops, 10 projects were designed that are intended to improve the service experience of our customers with a focus on the process of seeking help and resolving problems. In order to follow up on these projects and continue co-creating innovative customer service projects with associates, the Innovation and Experience Committee was created, made up of individuals from different areas within the exchange.
A GLOBAL EXCHANGE An International Reach: Moving Forward with a Multi-market Exchange. In its concern for providing the best securities market opportunities, Santiago Stock Exchange has strengthened several initiatives to position itself internationally. In 2014 it continued its strategy to develop new investment instruments, open markets and incorporate international best practices in order to increase competition and expand the opportunities on and appeal of the domestic market for issuers, intermediaries and local and foreign investors. The bet placed on the exchange's international expansion has become an important pillar of growth, as well as a major contribution to the country's development.
2014 Annual Report SANTIAGO STOCK EXCHANGE 35 MILA, Transforming the Region into an Important Investment Hub The Latin American Integrated Market (MILA) was conceived as a project to integrate the exchanges and security depositories in Chile, Peru and Colombia in order to give these markets greater exposure. The initiative has gained the attention of the international financial community, becoming an attractive hub for investment in Latin America. In 2014, just three years after being launched, MILA consolidated its position as a regional model by incorporating the Mexican securities market. This will allow for greater diversification and depth, delivering additional investment alternatives, in terms of both the number of issuers and the diversification of markets and sectors. Thanks to this addition, MILA boasts the largest number of listed companies among markets in the region and an important regional presence. As a result of this progress, MILA continued to work to harmonize market regulations, clearing and settlement rules, and tax and foreign exchange issues under the Pacific Alliance. In order to increase market depth, new types of instruments were included such as investment fund shares and ETFs, and international custody services were added. Foreign investors began to participate in MILA IPOs in Chile and projects were launched to reinforce settlement processes. To date, six investment funds have been developed that track and monitor the MILA. There are also two sector indices (S&P MILA Financials and S&P MILA Resources) and a special index (S&P MILA 40), all of which testify to the importance of and interest in this investment alternative. Mutual funds that track MILA 6 MILA was created in 2011 as a project to integrate the exchanges and security depositories in Chile, Peru and Colombia in order to give these markets greater exposure. Mexico joined in 2014.
MILA INDICES 115 110 105 100 95 90 85 80 ene feb mar abr may jun jul ago sep oct nov dic IPSA (Chile) COLCAP (Colombia) Note: Return basis of 100 as of January 1, 2014. IPC (Mexico) IGBVL (Peru) SPMILA Most traded stocks on MILA markets (MUS$) 45.000 40.000 35.000 30.000 25.000 20.000 15.000 10.000 5.000 NAFTRAC-ISHRS AMX-L GFNORTE-O WALMEX-V CEMEX-CPO FUNO-11 GMÉXICO-COB FEMSA-UBD ALFA-A TLEVISA-CPO Source: MILA News.
2014 Annual Report SANTIAGO STOCK EXCHANGE 37 Total traded volume in MILA markets 2014 $ 33,668 Chile $ 23,938 Colombia $ 185,139 Mexico $ 3,848 Peru Note: Figures expressed in MUS$ Source: MILA News. MILA Information Country GDP 2013 MUS$ GDP Growth (2013) Population (2013) Traded Volume - Equity Market (MUS$) Market Capitalization (MUS$) No. of Equity Issuers New Equity Issuances (MUS$) Market Capitalization / GDP Chile 277,199 4.1% 17,619,708 28,834 233,245 307 N/A 0.84 Peru 202,350 5.8% 30,375,603 3,818 78,840 263 0 0.39 Colombia 378,415 4.7% 48,321,405 24,490 146,746 74 1,823 0.39 Mexico 1,260,915 1.1% 122,332,399 156,574 480,245 147 285 0.38 MILA 2,118,879 5.1% 218,649,115 213,716 939,076 738 2,108 0.44 Source: World Federation of Exchanges, World Bank. Intermediaries with active agreements with MILA as of December 31, 2014. 48
Santiago Venture Market: NEW OPPORTUNITIES OF FINANCING AND INVESTMENT The Venture Market offers a new segment within Santiago Stock Exchange, intended to open up and develop the capital market for companies that are in an early stage process of growth, providing them with the opportunity to finance their projects. After signing an agreement in 2012, the collaborative effort of Santiago Stock Exchange and Toronto Stock Echange hopes to leverage the successful experience of Toronto Stock Exchange, in particular its TSX Venture Exchange, which specializes in companies that are still at a natural resource exploration phase. Santiago Stock Exchange aspires to replicate its business model and adapt it to the Chilean market. Initially the focus will be on raising capital for small and medium mining enterprises (SMEs), which will strengthen and create a solid bond between mining and the Chilean capital market. Subsequently, the initiative will seek to extend to other industrial sectors. Based on projections, the venture market will be inaugurated in early 2015. This launch will make venture capital alternatives available that facilitate the listing of mining companies in the exploration phase. Santiago Stock Exchange's ally in developing the venture market, TSX Venture Exchange, is the world leader in financing mining projects, supported by a substantial base of junior companies and a large number of investors who participate in this market. The collaboration with the Canadian market is designed to provide the exchange with a highly specialized strategic partner to address the challenge of providing financing to mining companies in the exploration phase and to help develop this market in our country alongside the diverse market participants: intermediaries, attorneys, analysts, institutional investors, private investors, regulators and suppliers of market infrastructure such as the exchange itself, the depositary institution and the clearing and settlement subsidiary.
2014 Annual Report SANTIAGO STOCK EXCHANGE 39 The Canadian market is currently the world leader in financing mining projects, supported by a substantial base of junior companies and a large number of investors who participate in this market. In leading mining countries, junior mining companies represent between 50% and 60% of total exploration investment. That figure is less than 20% in Chile. Therefore, the Chilean market has significant growth potential. In Search of Sustainable Industry In line with the work by Santiago Stock Exchange on matters involving the sustainability and transparency of the financial system, in 2014 the exchange officially joined the Sustainable Stock Exchanges Initiative (SSE). This initiative, created in 2009 by the United Nations, brings together 16 major exchanges including New York, London, Frankfort and Johannesburg. The SSE is a peer-to-peer learning platform for exploring how exchanges, in collaboration with investors, regulators, and companies, can enhance corporate transparency and ultimately performance on ESG (environmental, social and corporate governance) issues and encourage responsible, long-term investment approaches. Along with the commitment made with the SSE to foster sustainable investments in the Chilean market, Santiago Stock Exchange launched a bidding process in 2014 to construct, implement and market a new Sustainability Index. The most important international suppliers of market indexes submitted bids in order to ensure a thorough perspective of local market issuers. Connected to the World In its search to incorporate best practices and standardize market regulations, Santiago Stock Exchange is a member of the World Federation of Exchanges (WFE). This trade association of 64 regulated exchanges works to ensure that the financial world is working properly. Participation in this group has enabled Santiago Stock Exchange to incorporate world-class practices and has even laid the foundation for new products such as the Venture Market, set to launch in March 2015. On a regional level, the exchange is a member of the Ibero-American Federation of Exchanges (FIAB). José Antonio Martínez, CEO of Santiago Stock Exchange, is the organization's vice chairman. As a result of this association, the industry has collaborated to harmonize regulations following financial market integration and has sponsored several studies to foster the development of new securities markets. The first steps to form the Latin American Integrated Market (MILA) also took place here. In its search to incorporate best practices and standardize market regulations, Santiago Stock Exchange is a member of the World Federation of Exchanges (WFE) and the Iberoamerican Federation of Exchanges (FIAB). This trade association of 64 regulated exchanges works to ensure that the financial world is working properly.
COMMITTEES BUSINESS AND TECHNOLOGY COMMITTEE This committee is responsible for evaluating and proposing measures regarding Santiago Stock Exchange's operations, business development and use of technology. ACCOMPLISHMENTS IN 2014: Technology Upgrades and New Indicators Upgrading SEBRA Capital System In the quest to provide our customers with high-quality services, Santiago Stock Exchange launched a project to upgrade the SEBRA Capital System, which is used by intermediaries. The initiative, which involves an investment of UF 82,000 over a three-year period, will bring the system up to world-class standards. The committee closely monitored the entire upgrading process. Sustainability Index During 2014, the Business and Technology Committee was entrusted with the task of evaluating the feasibility of a Sustainability Index for Santiago Stock Exchange. After hiring MSCI to conduct a feasibility study, which determined the project was indeed viable, the committee began the process of selecting a company to design, construct and market the index. Joining the Sustainable Stock Exchanges Initiative The committee analyzed the possibility of joining the Sustainable Stock Exchanges Initiative, created in 2009 by the United Nations (UN). The project currently numbers 16 exchanges, including New York, London, Frankfurt and Johannesburg. In line with the exchange's efforts to promote matters of sustainability and transparency in the financial system, it officially joined the organization in early December. This platform will provide an opportunity to work in collaboration with investors, regulators, and companies to enhance corporate transparency and ultimately performance on ESG (environmental, social and corporate governance) issues and encourage responsible, long-term investment approaches. Project Planning for 2015 In order to plan the projects to be developed in 2015, 15 work teams from five different departments presented a total of 63 technology enhancement projects to the committee. The proposed projects involve investments of around UF 250,000. After analyzing the proposals, 28 projects were selected to be implemented in 2015 with a total investment of UF 127,301. In line with the business's strategic approach, 27% is centered around customers and service quality; 33% is to ensure high standards of design, operation and risk management; and the remaining 40% involves business expansion. REGULATIONS, RISK AND AUDIT COMMITTEE This committee s functions include analyzing and proposing improvements to the institution's regulations; evaluating and monitoring established risk policies; overseeing its financial position and budgets; and supervising market tracking and external and internal audits. ACCOMPLISHMENTS IN 2014: Transparency and Security Comprehensive Risk Management System With oversight from the Regulations, Risk and Audit Committee, implementation began in 2014 on a comprehensive risk management system based on a modeling of internal processes divided between qualitative and quantitative aspects. The project presented to the committee, which began in 2014 and entails 10 stages, is scheduled to be completed during the first half of 2015.
2014 Annual Report SANTIAGO STOCK EXCHANGE 41 Compliance The committee continuously monitored compliance of regulations related to Law No. 20,303 on Criminal Liability of Legal Entities and Law No. 19,913 on the Financial Analysis Unit, particularly efforts to prevent, detect and respond to claims. FACTA In an increasingly globalized market, being familiar with and adapting to new regulations is essential to operating under the highest standards and building customer trust. As a result, the committee gave informational talks for brokers on the Fair and Accurate Credit Transactions Act, which provides a stricter framework for operating with international customers. Audits Committee Rulings on Broker Complaints and Other Related Matters In 2014, the Best Practice Committee analyzed around 77 reports related to specific, comprehensive and immediate audits, periodic reports and market tracking reports presented by Santiago Stock Exchange. After studying the data, the committee issued four sanctions for three brokers for violating certain aspects contained in exchange regulations. ETHICS AND DISCIPLINE COMMITTEE* This committee is responsible for hearing and resolving any controversies that may arise among brokers over market transactions, applying Santiago Stock Exchange's Code of Ethics. The committee supervised compliance with the 2014 Broker Auditing Plan, verifying the nature and scope of these audits, the brokers involved and compliance with set deadlines and timetables. The committee analyzed these same aspects for the operational and technological internal audit programs carried out yearly by Santiago Stock Exchange. BEST PRACTICE COMMITTEE This committee is in charge of receiving and resolving complaints among brokers or between brokers and their clients for violations of the regulations and laws governing Santiago Stock Exchange. ACCOMPLISHMENTS IN 2014: Broker- Customer Relationship Proposal to Prevent Conflicts of Interest In 2014, the committee drafted new proposed regulations for preventing and handling conflicts of interest involving brokers of Santiago Stock Exchange. The initiative served as the foundation for a project that regulates the relationship between brokers and their customers to ensure that conflicts of interest are properly handled. After publishing for market consultation, the draft regulation was sent to the SVS in 2015 for its approval. *This committee does not meet periodically and is convened for special reasons. During 2014, the committee did not meet.
CCLV, Contraparte Central S.A. Security and Trust for Trades CCLV, a subsidiary of Santiago Stock Exchange, offers a complete clearing and settlement service. It delivers the highest levels of financial stewardship to participants in the securities market within a secure, transparent and reliable environment. STRENGTHENING PERFORMANCE CCLV settles transactions of Santiago Stock Exchange, as well as those of all capital markets in Chile, acting as the central counterparty for equities and derivatives markets, and as a clearing house for debt and repurchase agreement markets. In order to demonstrate the clear link between quality and service availability, CCLV has worked to ensure business continuity with internal initiatives to forecast scenarios that may potentially affect operations. In this spirit, in 2014 CCLV successfully participated in testing of High-Value Payment Systems (SPAV in Spanish), which also involved market infrastructure institutions such as the Chilean Central Bank and Central Securities Depository. These tests help improve coordination between the different financial market entities in the case of system-wide events. Efforts like this have led the entity to take steps to obtain business continuity certification under the ISO 22,301 standard. This process helps prepare the company to protect itself in the event of potential scenarios that may interfere with securities settlement operations. Secure processes are a key factor for any industry, but particularly for financial intermediation. As a result of entity-wide efforts in 2014, CCLV was certified under the ISO 27,001 standard on information security management. AT-801 Certification The accreditation process for regulations that financial institutions and banks require of their suppliers is currently underway and should be completed in early 2015. This year efforts focused on the design and implementation of the CCLV's controls of operating effectiveness as part of the first review process to attain this certification. DERIVATIVES MARKET: The CCLV has developed a complete technology system to operate in the derivatives market. Once the regulations governing the market are finally approved by the SVS, derivatives trading will become reality in our market.
2014 Annual Report SANTIAGO STOCK EXCHANGE 43 TRAINING In order to educate its customers, CCLV organized two courses in 2014 to train associates from Settlement Agents and Indirect Settlement Agents on the workings and operations of the systems it manages, its risk and guarantee model, participation requirements and agent rights and obligations, among other matters. At the end of the training program, CCLV awarded participants a certificate to accredit their knowledge of conceptual, functional and operational aspects of CCLV's systems. These certificates help them meet accreditation requirements as Settlement Agents and Indirect Settlement Agents. Settlement Agents 32 Indirect Settlement Agents 4 5,868,730 Transactions settled by the CCLV in 2014 Total balance settled by the CCLV MMUS$ 92,835 100% of transactions were settled on the correct day. 100% of cash settlements and 99.86% of position settlements were completed on time.
CREATING COMPREHENSIVE SOLUTIONS CHAPTER THREE PRODUCTS AND SERVICES
FROM ROUTING TO BACK OFFICE As a result of the sustained development of the local capital market and the increased complexity of financial institutions, Santiago Stock Exchange has made it a priority to generate new markets, products and services that provide comprehensive solutions for its customers' businesses. In this spirit, the exchange has developed seven business units to vertically integrate the stock exchange. This strategy helps achieve greater efficiency in infrastructure use, greater economies of scale and comprehensive management of the business. In order to accompany customers throughout the entire market transaction process, the exchange provides solutions for all the different stages of the process: routing, trading, information, back office, clearing and settlement. Initially, in a market physically restricted to brokers, the main service offered by the exchange was trading shares. Over time, it implemented new technologies and launched electronic systems which allowed institutional investors to participate in real time in the stock market. These efforts have resulted in a substantial increase in total traded volume in the equity and debt markets. Considering only traded volume of equities, this market expanded 89% during the last decade, from MCh$ 10,408,056 in 2004 to MCh$ 19,629,616 as of year-end 2014. In 2014, with the implementation of order routing for debt and money market instruments, Santiago Stock Exchange will complete its spectrum of services for all stages of a securities transaction.
2014 Annual Report SANTIAGO STOCK EXCHANGE 47 ORDER ROUTING TRANSACTIONS INFORMATION BACK OFFICE CLEARING AND SETTLEMENT EQUITIES FIXED INCOME MONEY MARKET DERIVATIVES* *Derivatives market: Santiago Stock Exchange has platforms available for derivatives market transactions, but is awaiting SVS approval of its proposed regulations.
OUR PRODUCTS AND SERVICES Committed to offering exceptional service, Santiago Stock Exchange has designed different business lines to strengthen and increase the depth of the Chilean capital markets. These units are vertically integrated in the market and are available to accompany a customer throughout the entire market transaction process. Thanks to this structure, the exchange can provide the different market players a wide range of products and services for them to access multiple opportunities for investment, diversification and financing with the highest standards of security and transparency.* STOCK EXCHANGE ACCESS ELECTRONIC QUOTING AND TRADING PLATFORM. TRADING STATION EXCHANGE TRADING RIGHTS FOR BROKERS. INFORMATION SYSTEMS AND SERVICES PRODUCTS AND SERVICES FOCUSED ON THE DISTRIBUTION OF MARKET INFORMATION. DMA CONNECTION SERVICES SERVICES THAT ALLOW UNIVERSAL CONNECTIVITY FOR ORDERS TO DIRECTLY ACCESS THE EXCHANGE. LINES OF BUSINESS FRONT, MIDDLE AND BACK OFFICE SOLUTIONS TECHNOLOGICAL SOLUTIONS TO SUPPORT AN ENTITY'S OPERATIONAL, FINANCIAL AND COMMERCIAL MANAGEMENT. CCLV CLEARING AND SETTLEMENT SERVICE FOR SECURITIES TRADING. LISTING IDENTIFICATION AND MANAGEMENT OF SECURITIES ISSUERS. *See section about CCLV for more information.
2014 Annual Report SANTIAGO STOCK EXCHANGE 49 TRADING STATIONS Greater Speed in Chile's Largest Trading Network Specially designed for broker and investor trading desks, this electronic platform facilitates the quoting and trading of various types of securities, and the possibility to access all local market information in one place. The national network includes more than a thousand trading stations, making this the leading trading platform in the Chilean stock market. IN 2014, PROGRESS WAS MADE IN IMPLEMENTING THE TRADING PLATFORM TOWARDS FIX 4.4 TECHNOLOGY. In terms of service quality, progress was made in implementing the trading platform towards FIX 4.4 technology in 2014. This process provides customers new benefits such as faster trades, new features, interconnection between systems and improved order processing, among other items.
DMA Connectivity Services Direct and Growing Connectivity with Santiago Stock Exchange DMA (Direct Market Access) connectivity services, which are targeted at investors and intermediaries, include several alternatives for connecting with Santiago Stock Exchange's trading platforms. This enables buy and sell orders to be routed automatically to these systems in real-time. These services use the most advanced trading technology available, delivering flexibility, security, reliability and greater efficiency between order receipt and execution. Santiago Stock Exchange offers several connection types depending on the nature of the customer. Therefore, a broker may connect directly to Santiago Stock Exchange through DMA Broker, or it may connect its investing customer through DMA Direct, or the exchange's routing networks may be accessed through DMA Network to connect its local and foreign customers. During 2014, more than 30% of the traded volume of equities took place through a DMA connection, which reflects the strides made on this platform. Fixed income services will be added to this business line in early 2015. During 2014, more than 30% of the traded volume of equities took place through a DMA connection.
2014 Annual Report SANTIAGO STOCK EXCHANGE 51 CO-LOCATION Connection service that consists of leasing space in Santiago Stock Exchange's data processing center, adjacent to its trading engine, to host servers or customer communication equipment. This privileged location enhances the speed of order processing and delivers high standards of trust and security. FOUR CONNECTION MODELS TO FIT DIFFERENT NEEDS Model 1 Broker Customer Fix 4.4 Fix 4.4 Broker broker limit Model 2 Fix 4.4 broker limit Broker Fix 4.4 NETWORK Network Customer Santiago Stock Exchange Model 3 Broker Fix 4.4 Fix 4.4 broker limit FIX gateway Santiago Stock Exchange s trade engine Investor Model 4 Broker Fix 4.4 broker limit Routing Network, Broker or Investor Fix 4.4 Co-Location *Santiago Stock Exchange has agreements with the most important global routing networks: ATG (Americas Trading Group), Bloomberg, Fidessa, Marco Polo, Fix Flyer, Raptor and Sungard.
Front, Middle and Back Office Solutions New Proposals for Efficient Business Management This service is focused on brokers, securities agents and asset management companies and delivers technological solutions to support the integrated and efficient operation of financial, operational and commercial management. These solutions come with full technological support and contain tools specifically designed for the Chilean market that are adapted to its constant growth and regulatory changes. Worth highlighting is the SEBRA Capital service, which delivers full support to the brokerage business. Valued for its efficiency, the system is used by close to 80% of brokers on Santiago Stock Exchange as their management system. Other useful tools include SEBRA AGF, a platform that helps efficiently manage investment funds, and Openworkplace, for the wealth and portfolio management businesses. These solutions allow for innovation in account and customer relationship management while providing a comprehensive overview for commercial advising. Openworkplace for Better Commercial Management Santiago Stock Exchange is now locally distributing Openworkplace, a leading European portfolio management service developed by the Spanish technological solutions developer Openfinance. This tool is specially designed to efficiently manage an investment fund portfolio, and supports customer relationship management by delivering a comprehensive vision for their commercial advisory services. This software provides a single point of access to global customer information and automatically suggests portfolio adjustments and product comparisons, thus facilitating the preparation of reports, proposals and financial planning. Its main benefits include the possibility of classifying and segmenting customers to make personalized investment proposals and portfolio distributions, among other interesting operations. This new product marks an important milestone in the role of Santiago Stock Exchange as a driver for innovation and financial market development. It introduces Europe's leading portfolio management tool to the region in order to meet the needs of the diverse market players operating in Chile. CLOSE TO 80% OF THE BROKERS OF Santiago STOCK EXCHANGE USE SEBRA CAPITAL AS THEIR MANAGEMENT SYSTEM.
2014 Annual Report SANTIAGO STOCK EXCHANGE 53 Information Systems and Services 100% Coverage for Proper Investment Decision-Making Santiago Stock Exchange provides investors with several information services such as Market Data, Drop Copy, Consultation Station, Stock View and Databases, among other services. They can be used to find online information on prices, tradings, rates, volumes and a complete historical file for each market. The services allow information regarding the Chilean securities market to be distributed both locally and internationally, thus satisfying the needs of multiple investors. In order to strengthen these services, the Market Data service was expanded to include fixed income and money market transactions. Santiago Stock Exchange now delivers information with FIX technology for all markets. CURRENTLY, ALL INFORMATION ON THE CHILEAN SECURITIES MARKET IS AVAILABLE THROUGH THE DIFFERENT SERVICES PROVIDED BY Santiago STOCK EXCHANGE, BOTH LOCALLY AND INTERNATIONALLY.
EVERYONE PLAYS A PART IN BUILDING OUR MARKET CHAPTER FOUR OUR BROKERS
Our Brokers Whether as intermediaries in securities transactions or advisors in investors' decision-making processes, brokers are essential to creating and developing the securities market. Intermediaries are capital market participants that collaborate to make each transaction competitive and provide liquidity. As of year-end 2014, Santiago Stock Exchange had 28 active brokers.
2014 Annual Report SANTIAGO STOCK EXCHANGE 57 BROKERS OF Santiago STOCK EXCHANGE BANCHILE Corredores de Bolsa S.A. Address: Agustinas 975, piso 2, Santiago Telephone: (56-2) 26612200 Website: www.banchile.cl Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 6,849,091 14,114,722 50,350,718 20,946,130 115,990 92,376,651 7,941 86,510 BANCOESTADO S.A. Corredores de Bolsa Address: Av. Lib. B. O'Higgins 1111, piso 6, Santiago. Telephone: (56-2) 29707102 Website: www.bancoestado.cl Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 53,260 29,495,107 131,606,199 8,732,421 6,150 169,893,137 9,947 62,731 BBVA Corredores de Bolsa Ltda. Address: Av. Costanera Sur 2710, piso 9, Torre A, Las Condes. Telephone: (56-2) 26792750 Website: www.bbva.cl Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 168,562 26,054,747 71,004,321 964,478 0 98,192,108 4,407 37,087 BCI Corredor de Bolsa S.A. Address: Calle Magdalena 140, piso 14, Las Condes. Telephone: (56-2) 26928900 Website: www.bci.cl Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 1,426,454 13,923,070 46,641,561 2,296,138 6,126 64,293,349 8,718 79,691 Note: Total traded volume per broker in each market includes on market and over-the-counter transactions. Equity and profit is as of September 30, 2014 (MCh$). Brokers current as of December 31, 2014.
BICE INVERSIONES Corredores de Bolsa S.A. Address: Teatinos 280, piso 5, Santiago. Telephone: (56-2) 26922800 (56-2) 26922801 Website: www.bice.cl Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 731,748 18,199,141 23,326,585 827,691 89,466 43,174,631 1,715 15,442 BTG PACTUAL CHILE S.A. Corredores de Bolsa Address: Av. Costanera Sur 2730, piso 21, Las Condes. Telephone: (56-2) 25875100 Website: www.btgpactual.cl Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 4,893,386 3,128,868 3,177,475 16 4,299 11,204,044 6,396 51,714 CONSORCIO Corredores de Bolsa S.A. Address: El Bosque Sur 130, piso 13, Providencia. Telephone: (56-2) 22304020 Website: www.consorcio.cl Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 376,557 10,393,216 5,822,781 53,619 0 16,646,173 5,863 33,750 CORPBANCA Corredores de Bolsa S.A. Address: Rosario Norte 660, piso 17, Las Condes. Telephone: (56-2) 26603600 Website: www.corpbancainversiones.cl Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 889,172 5,662,614 10,820,142 32,408,017 0 49,779,945 1,670 39,707 Note: Total traded volume per broker in each market includes on market and over-the-counter transactions. Equity and profit is as of September 30, 2014 (MCh$). Brokers current as of December 31, 2014.
2014 Annual Report SANTIAGO STOCK EXCHANGE 59 CRUZ DEL SUR Corredora de Bolsa S.A. Address: Augusto Leguía Sur 70, piso 5, Las Condes, Santiago Telephone: (56-2) 29016440 Website: www.cruzdelsur.cl Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 129,080 365,623 93,664 394,086 185 982,638-265 3,662 ETCHEGARAY S.A. Corredores de Bolsa Address: La Bolsa 64, of. 122, Santiago. Telephone: (56-2) 26967385 (56-2) 26980390 Website: www.etchegaray.cl Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 24,522 0 0 6 0 24,528 240 4,173 EUROAMERICA Corredores de Bolsa S.A. Address: Av. Apoquindo 3885, piso 21, Las Condes. Telephone: (56-2) 25817000 Website: www.euroamericacorredores.cl Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 1,230,313 3,663,136 12,215,735 15,589,474 0 32,698,658 716 14,515 FINANZAS Y NEGOCIOS S.A. Corredores de Bolsa Address: Av. I. Goyenechea 3477, piso 11, Las Condes. Telephone: (56-2) 24991500 Website: www.fynsa.cl Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 120,445 2,086,551 56,129 94,728 0 2,357,853 174 4,040 Note: Total traded volume per broker in each market includes on market and over-the-counter transactions. Equity and profit is as of September 30, 2014 (MCh$). Brokers current as of December 31, 2014.
GBM Corredores de Bolsa Ltda. Address: Magdalena 181, piso 16, Las Condes. Telephone: (56-2) 26169800 Website: www.gbm.com.mx Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 242,310 0 0 0 0 242,310-26 5,284 I.M. TRUST S.A. Corredores de Bolsa Address: Av. Apoquindo 3721, piso 16, Las Condes. Telephone: (56-2) 24501600 Website: www.imtrust.cl Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 3,200,011 10,841,912 2,728,941 7,857,570 283 24,628,717 1,745 14,371 ITAÚ BBA Corredor de Bolsa Ltda. Address: Magdalena 140, of. 601, Las Condes, Santiago. Telephone: (56-2) 26857839 Website: www.itau.cl Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 1,304,002 4,773,175 11,484,985 0 0 17,562,162 2,488 22,117 JAIME LARRAIN Y CIA. Corredores de Bolsa Ltda. Address: Nueva York 48, Of. 22, Santiago. Telephone: (56-2) 26962563 (56-2) 26980302 Website: www.larrainycia.cl Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 55,481 0 0 15 0 55,496-191 4,925 Note: Total traded volume per broker in each market includes on market and over-the-counter transactions. Equity and profit is as of September 30, 2014 (MCh$). Brokers current as of December 31, 2014.
2014 Annual Report SANTIAGO STOCK EXCHANGE 61 J.P. MORGAN Corredores de Bolsa S.p.A. Address: Apoquindo 2827, piso 13, Las Condes, Santiago. Telephone: (56-2) 24255100 Website: www.jpmorgan.com Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 393,354 0 0 0 0 393,354 1,631 33,330 LARRAIN VIAL S.A. Corredora de Bolsa Address: Av. Calle La Bolsa 88, of. 33, Santiago. Telephone: (56-2) 26721505 (56-2) 23398500 Website: www.larrainvial.com Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 5,821,592 17,745,982 14,029,247 7,132,566 436 44,729,823 3,395 68,091 MBI Corredores de Bolsa S.A. Address: Av. Pdte. Riesco 5711, of. 602, Las Condes. Telephone: (56-2) 26553700 Website: www.mbi.cl Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 1,482,001 555,772 94,904 1 142 2,132,820 9,860 49,986 MERRILL LYNCH Corredores de Bolsa S.p.A Address: Av. Apoquindo 2827, piso 9, Las Condes. Telephone: (56-2) 24909500 Website: www.merrill.cl Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 2,209,987 350,482 0 11,402,720 0 13,963,189 2,394 21,230 Note: Total traded volume per broker in each market includes on market and over-the-counter transactions. Equity and profit is as of September 30, 2014 (MCh$). Brokers current as of December 31, 2014.
NEGOCIOS Y VALORES S.A. Corredores de Bolsa Address: Rosario Norte 555, piso 15, Las Condes. Telephone: (56-2) 24119800 Website: www.nevasa.cl Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 1,035,044 5,744,771 5,426,118 105,934 0 12,311,867 106 5,584 PENTA Corredores de Bolsa S.A. Address: Av. El Bosque Norte 0440, piso 12, Las Condes. Telephone: (56-2) 28733000 Website: www.bancopenta.cl Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 621,181 3,814,537 4,080,576 36,022 0 8,552,316 3,515 50,660 SANTANDER S.A. Corredores de Bolsa Address: Bandera 140, piso 12, Santiago. Telephone: (56-2) 23363400 Website: www.santander-investment.cl Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 3,512,156 16,525,905 15,485,270 0 0 35,523,331 716 42,241 SCOTIA Corredora de Bolsa Chile S.A. Address: Agustinas 1225, piso 5, Santiago. Telephone: (56-2) 26925703 Website: www.scotiabank.cl Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 1,171,274 2,000,574 8,952,671 129,221 0 12,253,740 180 12,759 Note: Total traded volume per broker in each market includes on market and over-the-counter transactions. Equity and profit is as of September 30, 2014 (MCh$). Brokers current as of December 31, 2014.
2014 Annual Report SANTIAGO STOCK EXCHANGE 63 Corredores de Bolsa SURA S.A. Address: Av. Apoquindo 4820, piso 16, Las Condes. Telephone: (56-2) 29152010 Website: www.sura.cl Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 126,104 394 0 0 0 126,498-1,125 6,791 TANNER Corredores de Bolsa S.A. Address: Av. El Golf 40, of. 902, Las Condes. Telephone: (56-2) 27318900 Website: www.tanner.cl Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 724,987 2,660,880 680,047 1,691,252 0 5,757,166-918 8,046 UGARTE Y CIA. Corredores de Bolsa S.A. Address: Bandera 59-61, of. 10, Santiago Telephone: (56-2) 28277000 Website: www.ugarteycia.cl Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 93,538 151 40,795 10,355 0 144,839-25 6,071 VALORES SECURITY S.A. Corredores de Bolsa Address: Av. Apoquindo 3150, piso 7, Las Condes. Telephone: (56-2) 25844700 Website: www.security.cl Traded Volume Equities and IFQ (MCh$): Traded Volume Fixed Income (MCh$): Traded Volume Money Market (MCh$): Traded Volume Currency (MCh$): Traded Volume Foreign Securities (MCh$): Total Traded Volume (MCh$): Profit (MCh$): Equity (MCh$): 1,485,902 6,251,665 2,670,738 32,948,260 6,577 43,363,142 1,631 33,330 Note: Total traded volume per broker in each market includes on market and over-the-counter transactions. Equity and profit is as of September 30, 2014 (MCh$). Brokers current as of December 31, 2014.
PEOPLE ARE OUR BEST INVESTMENT CHAPTER FIVE COMMUNITY RELATIONS
COMMUNITY RELATIONS AT Santiago STOCK EXCHANGE, WE WANT TO CONTRIBUTE TO OUR COUNTRY S ECONOMIC, SOCIAL AND ENVIRONMENTAL DEVELOPMENT. AS PART OF OUR COMMITMENT TO BUILDING A BETTER CHILE, WE HAVE GENERATED STRONG TIES WITH THE COMMUNITY, FOCUSED ON BRINGING THE SECURITIES MARKET TO ALL CHILEANS. WE HAVE ALSO WORKED TO GENERATE AN INTERNAL CULTURE THAT IS CONSISTENT WITH THESE EFFORTS.
2014 Annual Report SANTIAGO STOCK EXCHANGE 67 Investor Education Know the Stock Exchange This program teaches high school and university students from local and foreign schools how the stock market works using a simple, dynamic and engaging format. With nearly ten years in existence, the program gives the exchange contact with the community and responds to the growing need for information from those interested in knowing more about markets from an early age. In 2014 over 5,000 individuals participated and 107 tours were given, coordinated primarily through the exchange s website. Aware of the interest in areas outside Santiago to obtain information on Santiago Stock Exchange and the securities market, in 2014 the exchange organized the Know the Stock Exchange Tour to Temuco and Antofagasta. These events helped teach around 900 individuals about the Chilean stock market. In light of how well the project was received in areas outside Santiago, the exchange will continue organizing regional tours in 2015. THE EXCHANGE IN ACTION As part of the financial literacy initiatives in which Santiago Stock Exchange is engaged, its chairman, Juan Andrés Camus, held several meetings with universities during his first year leading the institution. Among other activities, he gave a presentation to undergraduate students at Universidad Católica s School of Economics and Administration regarding the stock market and the exchange s current projects; he gave a talk about the future of the Chilean financial market to students at Universidad Adolfo Ibáñez, as part of the school s Current Affairs Series and he explained how the exchange conducts itself regarding and copes with market demand at the School of Economics and Business at Universidad de Chile.
Alliance with UAI for Investors With the goal of educating investors, Santiago Stock Exchange has formed an alliance with Universidad Adolfo Ibáñez to provide courses on a range of different topics. In 2014, around 600 people participated. 1. Introductory Talk on the Exchange and the Equity Market (CIMA in Spanish). This two-hour talk provides an introduction to how the market works and is given at no cost. The audience is made up of individuals that are interested in learning more about the institution, including students from a variety of disciplines not only finance or business and in recent years has come to include both undergraduate students and senior citizens. Each version, which is announced on the exchange s website, attracts around 60 participants. 2. Introduction to Technical Analysis (CIAT in Spanish) and Introduction to Analysis of Market Fundamentals (CIAF in Spanish), designed to introduce students to theories used to analyze charts and market trends, or market fundamentals, respectively. Both courses are designed as a first approach to topics such as how to make investment decisions and how to participate in the market. Each session is open to 50 participants. The two programs combined were given a total of five times in 2014. 3. Technical Analysis Program (PAT in Spanish). This 16-hour course is held over three weeks at the Executive Education Center at Universidad Adolfo Ibáñez plus a closing session at Santiago Stock Exchange. The goal of the course is to expand on topics presented in the Introduction to Technical Analysis. 4. Certificate in Equities Management (DGA in Spanish). This program gives participants extensive knowledge and practical skills for operating in the equity market in accordance with the industry s current needs and requirements. To complement these ongoing programs, in 2014 Santiago Stock Exchange organized a training course for financial journalists in collaboration with Universidad Adolfo Ibáñez. The course was attended by journalists representing different media outlets from throughout Chile. Number of individuals participating in the Know the Stock Exchange Program 5,000
2014 Annual Report SANTIAGO STOCK EXCHANGE 69 Investment Portfolio Contest (CCI in Spanish) With a 25 year track record, the Investment Portfolio Contest is the most important investor simulation game in Chile and provides a very practical way to teach people about the stock market. It puts participants' talent to the test, buying and selling stocks online using fictitious resources but operating with real market rules. It features three categories: Open, for individuals older than 18 years of age; University, for undergraduate students and Schools for high school students. More than 18,000 people registered for the 2014 edition. This contest was created as a way to attract new participants to the exchange and allow them to test their skills without running any market risk. Its success is demonstrated by the more than 200,000 participants that have taken part in the CCI throughout its existence, making it an important, far-reaching and entertaining educational tool. Santiago STOCK EXCHANGE'S INVESTMENT DESK As part of its contribution to education and financial literacy, Santiago Stock Exchange has alliances to install investment desks at schools throughout the country for students to begin to learn at an early age how to operate information stations and, therefore, how the stock market works. User accounts, identical to those used by brokers, are given at no cost in exchange for the universities providing the infrastructure and making it available to their students. Trading stations have already been installed at IP Los Leones and the School of Economics at Universidad Diego Portales. In mid-2014, five accounts were set up at Universidad de los Andes and the exchange is talking with other schools to expand the project in 2015. 213,648 NUMBER OF PARTICIPANTS IN INVESTMENT PORTFOLIO CONTESTS OVER THE LAST DECADE
OUR ASSOCIATES As part of the comprehensive management characteristic of an efficient organization that is sustainable over the long-term and in touch with the community, Santiago Stock Exchange places special importance on team development within its organization. It aspires for its associates to contribute consistently to the pillars of service excellence, trust and innovation and to help develop a dynamic and holistic organizational culture. In this spirit and in line with business needs, the exchange has structured its human resource strategy around a four-year plan. The plan is updated when necessary to reflect the requirements of an ever-changing industry. Organizational Culture Promoting a work environment that fosters a culture of excellence and rewards merit is a priority for Santiago Stock Exchange. In this context, in order to generate incentives for good performance and leverage the acquired expertise of its associates, the exchange first attempts to fill vacancies from within the organization. Thanks to this strategy, 48 associates took on new responsibilities in 2014. This represents internal mobility of 17% of the company's workforce. For the exchange, it is essential that its associates continuously update their knowledge based on business needs. To help accomplish this, the organization prepares a master training plan, which provides a four-year strategic plan for managing the process of improving the technical and leadership skills of its associates. 2.7% Percentage of budget allocated to training in 2014.
2014 Annual Report SANTIAGO STOCK EXCHANGE 71 CORPORATE SOCIAL RESPONSIBILITY In an attempt to help build a better Chile with more opportunities, Santiago Stock Exchange and its associates have come together to help a variety of foundations and raise funds to assist several different communities. The "training master plan" also includes scholarships for associates to participate in graduate certificate and master's programs and internal or external workshops and courses as well as co-funding for technical or graduate degrees. Each year before the organization's anniversary celebrations, Santiago Stock Exchange encourages associates to participate in a social activity to help individuals in need. In 2014, they organized an afternoon of games at a children's home in La Pintana. Forty associates participated in the event. Resources allocated to training initiatives represented 2.7% of total operating expenses in 2014. Another priority for Santiago Stock Exchange is to cultivate conditions for optimal relations among associates, ensuring a sense of belonging and improving the work environment. Along these lines, the organization assesses associate perception of workplace climate on a yearly basis. In 2014, the survey gave the entity a score of 5.8 on a scale of 1 to 7. The exchange has also allocated resources from surplus training tax credits to finance and organize scholarships for associates' families and loved ones in order to provide tools to improve their job prospects and foster entrepreneurship. In order to reinforce its organizational culture, the exchange organizes periodic social events, some institution-wide and others by area. Objectives such as strengthening teamwork and encouraging inter-departmental interaction and collaboration were priorities during 2014. Santiago Stock Exchange also organizes activities designed to enhance its associates' quality of life, including tennis, soccer and table tennis tournaments; activities for associates' children; inter-departmental competitions in September and December of each year and health and wellness campaigns.
BEYOND THE NUMBERS CHAPTER SIX THE ECONOMY AND THE STOCK MARKET 2014
The Economy in Figures ABOUT CHILE POPULATION: 17.62 MILLION (1) GDP: MUS$ 277,199 (1) GDP PER CAPITA (PPP): US$ 21,911 (1) GDP GROWTH: 1.9 % UNEMPLOYMENT: 6.2 % INFLATION: 4.6 % Rating: AA- ; A+ TRADE BALANCE: MUS$ 8,560 EXPORTS: MUS$ 76,648 IMPORTS: MUS$ 68,089 Sources: National Statistics Institute (INE)-Chilean Central Bank-Trading Economics. (1) World Bank figures as of December 2013.
2014 Annual Report SANTIAGO STOCK EXCHANGE 75 GROSS DOMESTIC PRODUCT (2005 2014) 140,000,000 7.00% 120,000,000 6.00% MMCH$ AS OF 2014 100,000,000 80,000,000 60,000,000 40,000,000 20,000,000 5.00% 4.00% 3.00% 2.00% 1.00% 0.00% -1.00% ANNUAL VARIATION (%) 0-2.00% 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 PIB 81,742,969 86,397,688 90,856,522 93,847,932 92,875,262 98,219,034 103,954,673 109,627,615 114,260,687 116,424,841 Annual var. (%) 6.18% 5.69% 5.16% 3.29% -1.04% 5.75% 5.84% 5.46% 4.23% 1.89% 1.9% The percentage represented a decline of economic growth compared to previous years. Source: Chilean Central Bank. GDP PER INDUSTRY Corporate services, personal services and mining together account for more than 40% of GDP. 12.30% Personal Services 5.08% Public Administration 3.24% Agriculture and forestry 0.51% Fishing 12.31% Mining 5.70% Housing Services 11.94% Manufacturing 15.81% Corporate Services 2.90% Electricity, gas and water 5.09% Financial Services 2.11% Communications 4.09% Transport 1.85% Restorants and hotels 8.74% Commerce 8.35% Construction Source: Chilean Central Bank.
CHANGE IN MONTHLY ECONOMIC ACTIVITY INDICATOR (IMACEC) 2014 4.0% 3.5% 3.0% 2.5% % 2.0% 1.5% 1.0% 0.5% 0.0% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Variation 1.5% 3.5% 3.1% 2.1% 2.4% 1.2% 0.8% 0.3% 1.4% 1.5% 1.3% 2.9% Source: Chilean Central Bank. FEBRUARY POSTED THE STRONGEST GROWTH (3.5%) FOLLOWED BY MARCH 3.5% AND DECEMBER. CHANGE ANNUAL IN ANNUAL CPI (2005 - CPI 2014) (2005-2014) 10.00% 8.00% 6.00% % 4.00% 2.00% 0.00% -2.00% Inflation Rate 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 3.66% 2.57% 7.82% 7.09% -1.38% 2.97% 4.44% 1.49% 3.01% 4.64% CPI FOR THE YEAR ENDED DECEMBER 2014. THIS FIGURE IS ABOVE THE 3% ANNUAL TARGET SET BY THE CHILEAN CENTRAL 4.6% BANK AND THE HIGHEST CHANGE RECORDED SINCE 2008. Source: National Statistics Institute (INE).
2014 Annual Report SANTIAGO STOCK EXCHANGE 77 CHANGE IN MONTHLY CPI 2014 1.2% 1.0% 0.8% 0.6% 0.4% % 0.2% 0.0% -0.2% -0.4% -0.6% Variation Jan Feb Mar Abr Apr May Jun Jul Ago Aug Sep Oct Nov Dic Dec 0.2% 0.5% 0.8% 0.6% 0.3% 0.1% 0.2% 0.3% 0.8% 1.0% 0.0% -0.4% Source: National Statistics Institute (INE). THE LARGEST MONTHLY CHANGE IN CPI, POSTED IN 1.0% OCTOBER. MARCH FOLLOWED WITH 0.8%. UNEMPLOYMENT RATE 2014 6.80% 6.60% % 6.40% 6.20% 6.00% 5.80% 5.60% Unemployment Rate Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 6.5% 6.1% 6.3% 6.5% 6.5% 6.7% 6.6% 6.4% 6.1% 6.0% 6.2% 6.2% 6.3% It was the average unemployment rate during the year and remained relatively stable in the period. Source: National Statistics Institute (INE).
TRADE BALANCE (2005 2014) 90,000 80,000 70,000 60,000 MUS$ 50,000 40,000 30,000 20,000 10,000 0 Trade Balance Exports Imports 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 11,309 22,947 24,132 6,074 15,360 15,736 11,040 2,508 2,117 8,560 41,974 59,380 68,561 64,510 55,463 71,109 81,438 77,965 76,684 76,648 30,665 36,433 44,430 58,436 40,103 55,927 70,398 75,458 74,568 68,089 Source: Chilean Central Bank. MUS$ 8,560 TRADE BALANCE IN 2014. THIS IS THE LARGEST FIGURE SINCE 2011, MAINLY DUE TO A SHARP DROP IN IMPORTS. BALANCE OF PAYMENTS (2005 2014) 16,000 14,000 12,000 10,000 8,000 MUS$ 6,000 4,000 2,000-2,000 0-4,000-6,000 Balance of Payments 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 1,716 1,997-3,214 6,444 1,648 3,024 14,190-367 311 1,063 MUS$ 1,063 THE POSITIVE BALANCE OF PAYMENTS FOR 2014 IS GREATER THAN THE LAST TWO YEARS BUT LESS THAN THE SURPLUS IN 2011. Source: Chilean Central Bank.
2014 Annual Report SANTIAGO STOCK EXCHANGE 79 CENTRAL BANK INTERNATIONAL RESERVES (2005 2014) 45,000 40,000 35,000 30,000 MUS$ 25,000 20,000 15,000 10,000 5,000 0 Central Bank Gross Foreign Reserves 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 16,963 19,429 16,910 23,162 25,373 27,864 41,979 41,650 41,094 40,447 MUS$ 40,447 THE CHILEAN CENTRAL BANK'S RESERVES DECREASED WITH RESPECT TO 2013, BUT REMAIN OVER THE MUS$ 40,000 MARK REACHED AT THE BEGINNING OF THE DECADE. Source: Chilean Central Bank. EVOLUTION OF THE AVERAGE DOLLAR (2005 2014) 590.00 570.00 CHILEAN PESOS PER DOLLAR 550.00 530.00 510.00 490.00 470.00 450.00 430.00 Dollar Value 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 559.68 530.34 522.55 522.35 559.15 510.22 483.57 486.59 495.18 570.34 CH$570.34 AVERAGE DOLLAR FOR 2014, A SIGNIFICANT RISE OVER THE LAST THREE YEARS. Source: Santiago Stock Exchange.
AVERAGE MONTHLY DOLLAR 2014 630.00 CHILEAN PESOS PER DOLLAR 610.00 590.00 570.00 550.00 530.00 510.00 490.00 470.00 450.00 430.00 Dollar Value Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 538.36 554.69 563.45 555.28 554.71 553.16 559.14 579.94 593.88 588.95 593.91 612.98 Source: Santiago Stock Exchange. 15.7% US DOLLAR APPRECIATION WITH RESPECT TO THE CHILEAN PESO. DURING 2014, MONTHLY INCREASES WERE POSTED EXCEPT FOR Q2 (APRIL-JUNE). AVERAGE REAL ANNUAL INTEREST RATE (2005 2014) REAL ANNUAL INTEREST RATE 4.00 3.50 3.00 2.50 2.00 1.50 1.00 0.50 0.00 Real Annual AverageInterest Rate 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 1.89 2.83 2.20 2.23 3.13 1.31 2.44 3.50 2.89 1.38 1.38% AVERAGE REAL ANNUAL INTEREST RATE IN 2014, THE LOWEST FIGURE IN FOUR YEARS. Source: Chilean Central Bank.
2014 Annual Report SANTIAGO STOCK EXCHANGE 81 2014 STOCK MARKET SUMMARY TOTAL TRADED VOLUME AND NUMBER OF TRADES 2014 TOTAL TRADED VOLUME (MMUS$) 90,000 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10,000 0 500,000 450,000 400,000 350,000 300,000 250,000 200,000 150,000 100,000 50,000 TOTAL TRADES Total Traded Volume (MM$) Total Trades Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 80,586 67,791 83,354 78,769 78,370 73,911 79,354 80,774 82,691 85,452 77,693 78,750 423,565 339,836 429,451 430,684 427,153 415,939 449,628 429,124 435,649 473,075 411,311 454,617 1.2% PERCENTAGE GROWTH IN TOTAL TRADED VOLUME IN 2014 OVER 2013, REACHING MMUS$ 947,497. THE TOTAL NUMBER OF TRADES INCREASED 5.1% DURING THE YEAR. PARTICIPATION BY MARKET 2014 PARTICIPACIÓN POR MERCADOS 2014 0.02% Foreign Securities 3.41% Stock 0.19% Investment Fund Quotas 25.38% Currency 48.97% Money Market 22.03% Fixed-Income
SELECTIVE STOCK PRICE INDEX (IPSA) 2014 DICE DE PRECIOS SELECTIVO DE ACCIONES (IPSA) 2014 4,600.00 10.00% 4,100.00 8.00% 6.00% 3,600.00 4.00% INDEX 3,100.00 2,600.00 2.00% 0.00% -2.00% CHANGE (%) 2,100.00-4.00% -6.00% 1,600.00-8.00% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Index (Points) 3,439.41 3,718.88 3,772.76 3,909.64 3,903.81 3,875.73 3,875.44 3,996.63 3,943.56 3,850.97 3,991.78 3,850.96 Change (%) -7.02% 8.12% 1.44% 3.62% -0.14% -0.71% 0.00% 3.12% -1.32% -2.34% 3.65% -3.52% 4.1% WITH THIS ANNUAL INCREASE IN 2014, THE IPSA REVERSED THE DOWNWARD TREND SEEN IN 2013 WHEN IT CONTRACTED 14%. STOCK MARKET INDICES OF Santiago STOCK EXCHANGE - CHANGE IN 2014 IPSA 4.10% IGPA 3.52% IGPA LARGE 3.98% IGPA MID 0.09% IGPA SMALL 4.66% INDEX INTER-10 BANCA 3.89% 5.72% COMMODITIES -4.64% CONS. & INMOB -10.19% CONSUMO -5.92% INDUSTRIAL -12.52% RETAIL -12.54% UTILITIES 26.54% -15% -10% -5% 0% 5% 10% 15% 20% 25% 30% CHANGE % 26.54% INCREASE POSTED BY UTILITIES INDEX IN 2014 WITH RESPECT TO 2013. THIS INDEX OUTPERFORMED ALL OTHER MARKET INDICES.
2014 Annual Report SANTIAGO STOCK EXCHANGE 83 MARKET SHARE (2005-2014) PARTICIPACIÓN POR MERCADOS (2005-2014) 0.01% Foreign Securities 5.67% Stock 0.15% Investment Fund Quotas 20.23% Currency 49.76% Money Market 24.19% Fixed-Income IPSA INDEX GROWTH (2005-2014) INDEX 5,000.00 4,500.00 4,000.00 3,500.00 3,000.00 2,500.00 2,000.00 1,500.00 1,000.00 500.00 0.00 60.00% 50.00% 40.00% 30.00% 20.00% 10.00% 0.00% -10.00% -20.00% -30.00% CHANGE (%) CHANGE (%) 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Index (Points) 1,964.47 2,693.22 3,051.83 2,376.42 3,581.42 4,927.53 4,177.53 4,301.38 3,699.19 3,850.96 Change (%) 9.35% 37.09% 13.31% -22.13% 50.70% 37.58% -15.22% 29.60% -14.00% 4.10% 96% INCREASE IN IPSA BETWEEN 2005 AND 2014, RISING FROM 1,964.47 POINTS TO 3,850.96 POINTS AS OF DECEMBER OF EACH YEAR.
STOCK MARKET INDices OF Santiago STOCK EXCHANGE - CHANGE 2005-2014 ÍNDICES BURSÁTILES DE LA BOLSA DE SANTIAGO VARIACIÓN 2005-2014 IPSA 96.03% IGPA 104.98% IGPA LARGE 25.07% IGPA MID 20.33% IGPA SMALL 88.87% INTER-10 127.48% INDEX BANCA COMMODITIES -10.85% 134.32% CONS. & INMOB -26.82% CONSUMO 44.98% INDUSTRIAL -18.25% RETAIL 13.94% UTILITIES 79.58% -40% -20% 0% 20% 40% 60% 80% 100% 120% 140% 160% CHANGE % EQUITY MARKET GROWTH 2005-2014 EVOLUCIÓN MERCADO ACCIONARIO 2005-2014 60,000 2,500,000 50,000 2,000,000 TRADED VOLUME (MMUS$) 40,000 30,000 20,000 1,500,000 1,000,000 TOTAL TRADES TOTAL TRADES 10,000 500,000 0 Total Traded Volume (MMUS$) Total Trades 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 24,037 34,107 53,109 37,780 40,672 53,091 50,175 39,808 39,947 32,319 629,329 656,391 996,010 869,387 1,047,832 1,882,672 2,234,004 1,968,889 2,137,447 2,205,044 0 Note: Traded volume expressed in millions of dollars using the observed dollar exchange recorded at the last day of 2014 250% RISE IN NUMBER OF TRADES ON THE EQUITY MARKET OVER THE LAST DECADE.
2014 Annual Report SANTIAGO STOCK EXCHANGE 85 INVESTMENT FUND (CFI) MARKET GROWTH 2005-2014 EVOLUCIÓN MERCADO CFI 2005-2014 2,000 6,000 TRADED VOLUME (MMUS$) 1,800 5,000 1,600 1,400 4,000 1,200 1,000 3,000 800 2,000 600 400 1,000 200 0 0 TOTAL TRADES TOTAL TRADES Total Traded Volume (MMUS$) Total Trades 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 213 783 1,815 1,257 761 1,091 914 1,004 913 1,823 209 332 657 971 999 1,734 2,461 2,895 3,717 5,693 MMUS$1,893 THE INVESTMENT FUND SHARE MARKET POSTED RECORD FIGURES FOR TOTAL TRADED VOLUME IN 2014. Note: Traded volume expressed in millions of dollars using the observed dollar exchange recorded at the last day of 2014 FIXED INCOME (IRF) MARKET GROWTH 2005-2014 250,000 700,000 TRADED VOLUME (MMUS$) 200,000 150,000 100,000 50,000 600,000 500,000 400,000 300,000 200,000 100,000 TOTAL TRADES TRADES 0 Total traded volume(mmus$) 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 164,927 131,530 155,362 170,874 200,763 172,112 206,423 147,831 170,546 208,760 0 Total trades 495,631 596,636 591,438 510,857 504,885 368,218 351,911 303,095 318,543 370,304 Note: Traded volume expressed in millions of dollars using the observed dollar exchange recorded at the last day of 2014 22.4% GROWTH IN TRADED VOLUME (LTM) IN FIXED INCOME MARKET, TOTALING MMUS$ 208,760 IN 2014 A RECORD PERFORMANCE FOR THE FIXED INCOME MARKET.
MONEY MARKET (IIF) GROWTH 2005-2014 350,000,000 900,000 TRADED VOLUME (MMUS$) 300,000,000 250,000,000 200,000,000 150,000,000 100,000,000 50,000,000 800,000 700,000 600,000 500,000 400,000 300,000 200,000 TOTAL TRADES 0 Total traded tolume(mmus$) Total trades 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 115,554,728 147,174,787 175,255,277 194,232,942 207,741,844 231,125,638 248,807,452 266,153,867 292,341,633 281,888,477 353,924 462,357 577,780 665,661 758,911 686,097 736,328 797,946 823,052 796,823 100,000 Note: Traded volume expressed in millions of dollars using the observed dollar exchange recorded at the last day of 2014 A DECADE OF INCREASES BOTH NUMBER OF TRADES AND TOTAL TRADED VOLUME OF MONEY MARKET INSTRUMENTS DOUBLED OVER THE LAST DECADE. CURRENCY MARKET GROWTH 2005-2014 2,000,000 1,800,000 TRADED VOLUME (MMUS$) 300,000 250,000 200,000 150,000 100,000 50,000 1,600,000 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 TOTAL TRADES 0 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Total traded tolume(mmus$) Total trades 62,843 69,540 106,261 94,527 108,460 143,232 176,557 200,004 244,246 240,490 352,634 517,185 644,555 729,578 811,696 1,041,325 1,197,196 1,431,015 1,585,094 1,739,935 393% 352,634 Note: Traded volume expressed in millions of dollars using the observed dollar exchange recorded at the last day of 2014 GROWTH OF CURRENCY INSTRUMENT TRADES, MOSTLY IN DOLLARS.
2014 Annual Report SANTIAGO STOCK EXCHANGE 87 FOREIGN SECURITY MARKET GROWTH 2006-2014 200,0 7,000 180,0 160,0 6,000 140,0 5,000 TRADED VOLUME (MMUS$) 120,0 100,0 80,0 60,0 40,0 20,0 4,000 3,000 2,000 1,000 TOTAL TRADES 0,0 0 Total traded volume (MMUS$) Total trades 2006 2007 2008 2009 2010 2011 2012 2013 2014 24,1 10,6 0,1 1,6 75,3 53,7 68,6 138,2 189,1 484 89 2 101 677 1,275 1,663 5,163 6,006 Note: Figures in MMUS$ EMERGING BUSINESS SINCE OPERATIONS BEGAN IN 2006, TOTAL TRADED VOLUME ON THE FOREIGN SECURITY MARKET HAS GROWN SEVEN-FOLD WHILE THE NUMBER OF TRADES HAS INCREASED TWELVE-FOLD. TOTAL TRADED VOLUME AND NUMBER OF TRADES ALL MARKETS 2005-2014 1,010,000 6,000,000 TOTAL TRADED VOLUME (MMUS$) 910,000 810,000 710,000 610,000 510,000 410,000 310,000 210,000 110,000 10,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 0 TOTAL TRADES Total traded volume (MMUS$) Total trades 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 442,275 478,272 605,090 624,226 692,686 750,054 843,709 826,847 936,968 947,497 1,831,852 2,233,227 2,810,754 2,776,482 3,125,058 3,980,773 4,522,334 4,504,716 4,870,245 5,120,083 114% GROWTH IN TRADED VOLUME OVER LAST TEN YEARS. Note: Traded volume expressed in millions of dollars using the observed dollar exchange recorded at the last day of 2014
CAPITAL RAISED IN THE PAST 10 YEARS IPO VERSUS DEMAND AMOUNTS (MMUS$) 10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 62 2,000 16 1,000 8 8 8 6 9 10 2 5 5 6 5 3 1,5 0 0 22 70 60 50 40 30 20 SOCOVESA AZUL AZUL ENJOY HITES CRUZADOS CAMANCHACA CFR AQUACHILE AUSTRALIS BID-TO-COVER RATIO (AMOUNT BID / AMOUNT PLACED) CRUZ BLANCA INGEVEC HORTIFRUT ILC E IZQUIERDO MOLLER Amount Bid Amount claced Bid-to-cover ratio (amount bid / amount placed) INVESTOR SEGMENTATION FROM THE LAST 15 IPOs 100% 90% NIMS RELATED TO ISSUER RETAIL 80% FOREIGN 70% 60% INSTITUTIONAL AFP (PENSION FUND ADMINISTRATOR) 50% % 40% 30% 20% 10% 0% MOLLER ECHEVERRÍA IZQUIERDO ILC HORTIFRUT INGEVEC CRUZ BLANCA SALUD AQUACHILE AUSTRALIS SEAFOODS CFR PHARMACEUTICALS CAMANCHACA CRUZADOS HITES ENJOY AZUL AZUL SOCOVESA
2014 Annual Report SANTIAGO STOCK EXCHANGE 89 INTERNATIONAL INDicES 2014 70% 60% ANNUAL VARIATION (%) 50% 40% 30% 20% 10% 0% -10% -20% Annual Variation (%) IPSA Chile 4,10% DOW-JONES NY NASDAQ NY 9,11% 15,16% FTSE 100 Londres NIKKEI Tokio HANG SENG Hong Kong IBEX Madrid XETRA-DAX Frankfurt BOVESPA Brasil IGBVL Perú MERVAL Argentina IGBC Colombia IPC México -2,74% 7,12% 1,10% 3,81% 2,65% -2,91% -5,98% 59,14% -11,35% 0,04% MARKET CAPITALIZATION AND NUMBER OF LISTED COMPANIES 2005-2014 CAPITALIZACIÓN BURSÁTIL Y NÚMERO DE COMPAÑÍAS LISTADAS 2005-2014 MARKET CAPITALIZATION (MMUS$) 350,000 300,000 250,000 200,000 150,000 100,000 50,000 300 275 250 225 200 175 150 125 NUMBER OF COMPANIES 0 100 Market Capitalization (MMUS$) Number of Listed Companies 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 157,964 204,793 216,785 161,135 226,602 300,741 252,771 266,026 239,935 233,042 245 244 238 235 232 227 229 225 227 230 230 THE NUMBER OF EQUITY ISSUERS LISTED ON Santiago STOCK EXCHANGE.
THE 10 MOST TRADED STOCKS IN 2014 7.55% CHILE 6.81% FALABELLA 6.27% LAN 5.74% ENERSIS 4.54% CENCOSUD 4.21% ENDESA 51.50% Others 4.19% COPEC 4.04% BSANTANDER 2.51% CMPC 2.63% CORPBANCA TOTAL TRADED VOLUME BY BOND FAMILY 2014 MUS$ 10,000,000,000 9,000,000,000 8,000,000,000 7,000,000,000 6,000,000,000 5,000,000,000 4,000,000,000 3,000,000,000 2,000,000,000 1,000,000,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec LH (MUS$) BE (MUS$) BC (MUS$) 86,126,491 9,972,234 7,717,108 8,314,465 6,457,502 5,137,216 7,222,479 10,368,409 11,827,818 4,900,094 4,505,209 6,163,768 2,935,107,512 2,510,550,399 3,604,944,346 3,987,204,266 3,372,530,476 4,342,172,819 3,714,007,551 4,049,601,246 4,443,023,308 4,098,716,085 3,630,131,383 3,337,728,256 6,341,660,264 4,719,458,055 7,141,162,210 5,935,517,280 6,488,613,181 4,394,922,292 6,983,889,258 7,474,737,628 9,199,985,807 7,478,525,007 5,074,917,636 6,133,894,881
2014 Annual Report SANTIAGO STOCK EXCHANGE 91
LEADERSHIP IN THE SECURITIES MARKET CHAPTER SEVEN MARKET SNAPSHOT
MARKET CAPITALIZATION AND BOOK VALUE YEAR NUMBER OF COMPANIES MARKET CAPITALIZATION (1) (MMUS$) BOOK VALUE (2) (MMUS$) MARKET CAP/BOOK VALUE RATIO 1995 282 98,160 46,083 2.13 1996 290 86,615 56,428 1.53 1997 294 92,220 59,971 1.54 1998 287 68,454 64,864 1.06 1999 283 98,532 67,895 1.45 2000 260 90,371 71,850 1.26 2001 249 92,877 72,770 1.28 2002 245 83,156 76,524 1.09 2003 239 123,082 79,263 1.55 2004 239 152,477 83,209 1.83 2005 245 157,964 88,336 1.79 2006 244 204,793 94,662 2.16 2007 238 216,785 97,651 2.22 2008 235 161,135 112,202 1.44 2009 232 226,602 119,895 1.89 2010 227 300,741 125,696 2.39 2011 229 252,771 129,292 1.96 2012 225 266,026 132,296 2.01 2013 227 239,935 146,458 1.64 2014 230 233,042 156,616 1.49 Note: Figures expressed in millions of dollars using the observed dollar exchange recorded at the last day of 2014. (1) Corresponds to the sum of the market capitalizations (calculated by multiplying the number of outstanding shares by the closing price) of each of the companies listed on the Santiago Stock Exchange as of the last trading day of each year. (2) Corresponds to the sum of the book values of each of the companies listed on the Santiago Stock Exchange as of the last trading day of each year, as reported in the most recent financial statements available as of December 31 of each year, adjusted to reflect variations in the inflation rate (CPI) and capital variations (dividends, share issuances, stock swaps, etc.).
93 TOTAL TRADED VOLUME BY MARKET 1995-2014 YEAR EQUITY (%) INVESTMENT (%) MONEY (%) FIXED (%) CURRENCY (%) FUTURES (%) OPTIONS (%) TOTAL FOREIGN FUND MARKET INCOME SECURITIES SHARES (US$) 1995 14,661 6.76 427 0.20 79,563 36.69 107,582 49.61 14,608 6.74 0 0.00 36 0.00 216,840 1996 10,922 4.01 101 0.04 143,517 52.63 102,065 37.43 16,088 5.90 0 0.00 0 0.00 272,693 1997 9,186 2.87 95 0.03 174,981 54.72 109,525 34.25 25,982 8.13 0 0.00 0 0.00 319,769 1998 5,706 1.30 13 0.00 251,266 57.32 117,158 26.73 64,201 14.65 0 0.00 0 0.00 438,344 1999 9,352 2.83 2 0.00 183,173 55.50 67,041 20.31 70,478 21.35 0 0.00 0 0.00 330,046 2000 8,614 2.66 47 0.01 185,294 57.24 62,275 19.24 67,511 20.85 0 0.00 0 0.00 323,742 1,178,100 2001 6,765 1.72 89 0.02 197,735 50.17 100,737 25.56 88,799 22.53 0 0.00 0 0.00 394,126 1,038,010 2002 5,936 1.56 62 0.02 185,895 48.90 114,327 30.07 73,951 19.45 0 0.00 0 0.00 380,172 0 2003 10,794 3.22 178 0.05 138,354 41.31 123,688 36.93 61,921 18.49 0 0.00 0 0.00 334,936 0 2004 17,136 4.73 264 0.07 123,045 33.99 165,894 45.82 55,701 15.39 1 0.00 0 0.00 362,041 0 2005 24,037 5.43 213 0.05 190,251 43.02 164,927 37.29 62,843 14.21 4 0.00 0 0.00 442,275 0 2006 34,107 7.13 783 0.16 242,311 50.66 131,530 27.50 69,540 14.54 0 0.00 0 0.00 478,272 24,142,707 2007 53,109 8.78 1,815 0.30 288,543 47.69 155,362 25.68 106,261 17.56 0 0.00 0 0.00 605,090 10,643,811 2008 37,780 6.05 1,257 0.20 319,788 51.23 170,874 27.37 94,527 15.14 0 0.00 0 0.00 624,226 95,645 2009 40,672 5.87 761 0.11 342,029 49.38 200,763 28.98 108,460 15.66 0 0.00 0 0.00 692,686 1,574,701 2010 53,091 7.08 1,091 0.15 380,529 50.73 172,112 22.95 143,232 19.10 0 0.00 0 0.00 750,054 75,286,281 2011 50,175 5.95 914 0.11 409,641 48.55 206,423 24.47 176,557 20.93 0 0.00 0 0.00 843,709 53,697,295 2012 39,808 4.81 1,004 0.12 438,200 53.00 147,831 17.88 200,004 24.19 0 0.00 0 0.00 826,847 68,597,991 2013 39,947 4.26 913 0.10 481,316 51.37 170,546 18.20 244,246 26.07 0 0.00 0 0.00 936,968 138,237,934 2014 32,319 3.41 1,823 0.19 464,106 48.98 208,760 22.03 240,490 25.38 0 0.00 0 0.00 947,497 189,051,705 ANNUAL AVERAGE 1995-2014 25.206 4,79 593 0,11 260.977 49,61 139.971 26,61 99.270 18,87 0 0,00 0 0,00 526.017 51.231.289 Note: Figures expressed in millions of dollars using the observed dollar exchange recorded at the last day of 2014.
TOTAL TRADED VOLUME BY MARKET AND TYPE OF INSTRUMENT 2014 INSTRUMENT/MONTH JANUARY FEBRUARY MARCH APRIL MAY JUNE US DOLLAR 20,869 17,285 22,366 19,992 17,775 17,720 GOLD AND SILVER COINS 1 1 0 0 0 0 TOTAL CURRENCY 20,870 17,285 22,366 19,992 17,775 17,720 SOCIAL SECURITY BONDS (BR) 85 51 115 58 62 95 CENTRAL BANK BONDS ADJUSTED BY INFLATION CENTRAL BANK BONDS IN CHILEAN PESOS CENTRAL BANK BONDS INDEXED TO THE INFLATION RATE 29 9 5 58 25 1 1,723 967 1,436 748 1,171 842 2,279 1,826 2,748 2,323 2,302 1,598 TREASURY BONDS IN CHILEAN PESOS 2,223 1,303 1,700 3,353 2,693 2,462 TREASURY BONDS INDEXED TO THE INFLATION RATE 2,686 2,298 3,735 2,848 4,045 2,031 MINVU LEASING BONDS 5 4 6 4 6 5 CENTRAL BANK ZERO COUPON BONDS 7 40 48 11 33 6 MORTGAGE BONDS 167 56 45 56 75 76 LEASING BONDS 150 181 148 192 105 114 BANK BONDS 3,881 3,604 4,422 4,467 4,334 5,191 CORPORATE BONDS 3,502 2,609 3,196 3,726 3,055 3,610 TOTAL FIXED INCOME 16,739 12,949 17,604 17,845 17,905 16,029 LISTED SHARES 3,970 2,566 2,445 2,167 2,349 2,006 UNLISTED SHARES 0 0 0 0 0 0 TOTAL EQUITIES 3,970 2,566 2,445 2,167 2,349 2,006 NON-INDEXED NOTES 29,048 26,243 30,912 32,020 31,874 30,111 INDEXED NOTES 9,847 8,679 9,939 6,642 8,339 7,900 TOTAL MONEY MARKET 38,895 34,923 40,851 38,662 40,214 38,011 TOTAL INVESTMENT FUND QUOTAS 112 68 88 103 127 145 OVERALL TOTAL (MMUS$) 80,586 67,791 83,354 78,769 78,370 73,911 TOTAL FOREIGN SECURITIES AND MILA (US$) 13,603,377 5,601,117 10,719,625 15,660,511 22,692,068 15,678,688 FOREIGN SHARES (US$) 1,525,922 1,958,277 3,828,353 2,912,640 2,262,183 1,757,931 ETF S (US$) 12,024,172 3,426,324 6,139,049 10,911,693 20,257,962 13,861,897 MILA (US$) 53,283 216,516 752,223 1,836,178 171,923 58,860
95 JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER TOTAL 19,174 20,812 20,492 23,797 19,673 20,532 240,486 0 0 1 0 0 0 4 19,174 20,813 20,492 23,797 19,673 20,532 240,490 73 78 70 130 100 97 1,013 13 32 15 2 8 6 204 1,404 1,392 1,816 1,535 840 767 14,641 2,205 1,632 1,829 1,586 1,407 1,356 23,091 3,097 2,857 3,010 2,840 1,920 2,628 30,087 2,619 3,546 4,848 3,790 2,564 3,293 38,303 3 1 2 5 4 2 49 37 27 54 44 31 13 350 73 71 87 83 47 99 933 162 260 62 136 18 41 1,569 4,843 5,991 5,596 6,288 5,352 5,068 59,036 3,714 3,276 3,767 2,816 2,926 3,286 39,482 18,243 19,162 21,157 19,254 15,215 16,656 208,759 2,159 2,716 2,670 2,184 5,047 2,037 32,317 0 1 0 0 0 0 1 2,159 2,717 2,670 2,184 5,047 2,037 32,319 32,541 28,884 30,038 29,639 29,635 31,680 362,626 7,107 9,070 8,001 10,473 7,820 7,661 101,480 39,649 37,954 38,038 40,112 37,456 39,341 464,106 130 128 333 105 303 183 1,823 79,354 80,774 82,691 85,452 77,693 78,750 947,497 16,122,733 12,180,905 12,662,219 25,912,747 11,641,900 30,320,097 192,795,987 3,553,840 2,553,322 1,469,108 3,506,814 2,146,811 1,947,690 29,422,891 12,458,987 9,438,305 11,079,359 22,400,068 9,491,200 28,139,798 159,628,814 109,906 189,278 113,752 5,865 3,889 232,609 3,744,282 Note: Figures expressed in millions of dollars using the observed dollar exchange recorded at the last day of 2014
SUMMARY OF EQUITY MARKET TRANSACTIONS TRANSACTIONS 2014 TRANSACTION PRICES 2014 STOCK SHARES TRADED VOLUME PRESENCE SHARES CLOSING PRICE HIGH LOW CLOSING RETURN TRADED (US$) (%) ISSUED ON 12/30/2013 (Ch$) (Ch$) PRICE (%) 12/30/2014 ON 12/30/2014 1 AESGENER 779,184,325 2 AFPCAPITAL 286,431 3 AGUAS-A 1,027,859,579 4 AGUNSA 1,191,061 5 ALMENDRAL 219,803,353 6 ANASAC 149 7 ANDACOR 3,658 8 ANDINA-A 50,005,474 9 ANDINA-B 99,637,506 10 ANDROMACO 46,366 11 ANTARCHILE 15,310,866 12 AQUACHILE 525,095,405 13 AUSTRALIS 84,627,609 14 AUSTRA-OSA 775,639 15 AXXDOS 642,118 16 AXXION 2,454,827 17 AZUL AZUL 633,994 18 BANMEDICA 49,897,030 19 BANVIDA 24,328,913 20 BBVACL 9,517 21 BCI 10,012,876 22 BESALCO 96,029,367 23 BETLAN DOS 1,617,244 24 BICECORP 209,812 25 BLUMAR 176,247,020 26 BLUMAR-OSA 3,324,736 27 BSANTANDER 23,594,624,173 28 BUPACL 497,184,416 29 CALICHERAA 2,789,365 30 CALICHERAB 51,896 31 CAMANCHACA 780,174,707 32 CAMPOS 58,513,366 33 CAP 48,925,487 34 CAROZZI 85,865 35 CARVILE 1,505,620 36 CASABLANCA 1,452 37 CCT 555,950 38 CCU 51,244,105 379,766,898 78,577 591,676,240 366,054 17,853,804 404 26,499 133,980,445 335,135,998 25,378 186,967,787 255,890,442 5,223,322 128 2,088 6,202 1,323,112 78,993,969 7,282,654 34,352 517,914,106 70,032,464 3,688 3,182,706 37,909,856 91,246 1,284,096,387 419,013,676 1,361,565 28,877 33,925,661 2,127,620 533,248,011 184,030 1,637 1,673 5,089,246 526,130,616 100.00 8,400,319 287.93 345.00 249.58 322.55 17.61 14.46 3,123,768 180.00 172.00 157.00 157.00-4.19 100.00 5,811,029 339.38 377.90 324.90 351.31 9.41 10.88 855,097 165.01 200.00 170.00 180.00 16.22 88.76 13,539,622 57.75 57.60 45.00 48.00-14.94 0.96 22,000 1,550.00 - - 1,550.00 9.74 0.72 1,475 4,000.00 - - 4,000.00 6.49 79.52 473,289 1,850.00 1,890.00 1,400.00 1,472.00-17.98 100.00 473,289 2,412.90 2,525.00 1,705.00 1,717.00-26.83 8.63 560,541 332.00 332.48 332.00 332.48 0.14 99.20 456,376 7,098.00 8,050.00 6,680.00 7,290.00 5.83 95.18 1,157,000 275.10 450.00 250.00 395.00 43.58 72.58 2,512,273 26.00 50.00 26.00 34.98 34.54 - - - - - - 0.00 5.36 40,945,049 2.00 - - 2.00 0.00 10.61 40,945,049 2.00 - - 2.00 0.00 77.51 36,520 1,260.00 1,515.00 1,060.00 1,160.00-7.84 91.97 804,682 1,009.30 1,219.00 870.00 1,080.00 11.14 58.02 1,430,000 180.00 213.00 150.00 200.06 14.55 2.10 393,422 2,210.00 2,208.00 2,100.00 2,100.00-2.35 100.00 108,701 28,870.38 34,015.44 27,409.55 29,944.00 8.48 99.60 576,173 563.71 570.00 340.00 350.00-37.28 9.43 40,946,091-2.80 2.80 2.80 0.00 8.79 85,087 8,550.00 9,500.00 8,550.00 9,500.00 14.24 48.59 1,408,096 103.31 176.99 107.50 172.43 66.03 - - - 18.00 14.00-0.00 100.00 188,446,127 30.46 37.50 26.56 30.33 3.83 96.79 637,650 460.21 510.00 415.00 497.03 9.48 19.51 1,815,876 443.99 420.00 224.90 319.00-26.40 1.84 120,985 415.00 350.00 323.70 349.90-13.45 87.45 4,150,672 19.00 35.00 18.90 32.90 73.16 59.68 934,796 21.69 25.75 20.22 21.76 7.47 100.00 149,448 9,998.30 10,094.00 2,508.00 2,682.20-72.32 11.57 223,063 1,300.00 1,306.10 1,250.00 1,306.00 3.17 1.79 402,000,236 0.66 - - 0.65 0.17 0.65 2,900 500.00 700.00 700.00 700.00 79.96 19.35 70,000 5,500.00 5,565.00 5,560.00 5,560.00 9.85 100.00 369,503 6,295.00 6,900.00 5,600.00 5,740.70-6.33 Note: Traded Volume expressed in dollars using the observed dollar exchange recorded at the last day of 2014.
97 TRANSACTIONS 2014 TRANSACTION PRICES 2014 STOCK SHARES TRADED VOLUME PRESENCE SHARES CLOSING PRICE HIGH LOW CLOSING RETURN TRADED (US$) (%) ISSUED ON 12/30/2013 (Ch$) (Ch$) PRICE (%) 12/30/2014 ON 12/30/2014 39 CEM 316,293,324 40 CEMENTOS 3,625,053 41 CENCOSUD 508,711,690 42 CFMITNIPSA 11,718,830 43 CFR 3,367,442,393 44 CGE 462,081,258 45 CGEDISTRO 698 46 CHILE 20,869,439,512 47 CHILECTRA 450,783 48 CHOLGUAN 832,773 49 CIC 492,220,174 50 CINTAC 9,915,868 51 CLUBCAMPO 1,437 52 CLUBUNION 31 53 CMPC 365,613,213 54 CMPC-OSA 12,330,879 55 COLBUN 2,186,460,683 56 COLO COLO 11,571,023 57 COLOSO 1,685,948 58 CONCHATORO 189,675,544 59 CONSOGRAL 223,877 60 COPEC 112,945,416 61 COPEVAL 99,510 62 CORPBANCA 73,307,415,412 63 COUNTRY-A 115 64 COVADONGA 10,518 65 CRISTALES 2,133,818 66 CRUZADOS 4,481,254 67 CTC-A 3,350,428 68 CTC-B 296,952 69 CTC-MUNDO 56 70 CTISA 66,626 71 CUPRUM 640,603 72 DETROIT 1,598,608 73 DUNCANFOX 210,050 74 ECL 321,612,669 75 EDELMAG 145,374 76 EDELPA 11,779,768 76,095,469 3,133,318 1,441,851,699 61,002,074 1,031,000,834 3,456,636,029 3,680 2,399,040,862 1,135,647 545,720 12,124,604 1,691,820 56,357 17,123 798,678,232 3,544,710 518,438,801 7,113,802 908,191 350,142,758 72,204 1,332,731,886 139,832 835,229,594 8,550 5,801 14,708,922 1,336,116 2,466,278 158,791 45 104,937 38,705,265 5,555,770 169,950 400,874,912 1,022,561 3,203,759 37.65 299,817 47.68 149.20 49.00 149.10 275.35 60.32 264,221 554.00 635.00 500.00 510.00-4.72 100.00 2,889,023 1,892.40 1,980.00 1,410.10 1,514.20-19.04 89.96 4,880 3,118.00 3,340.00 2,838.00 3,150.00 3.76 91.97 8,416,842 118.00 215.00 103.50 170.00 44.07 98.80 416,710 2,840.00 4,705.00 2,150.00 4,670.00 71.41 1.28 177,982 3,220.00 3,200.00 3,200.00 3,200.00 4.48 100.00 94,655,368 74.77 75.50 64.66 70.32-0.85 46.15 1,150,742 1,550.00 1,670.00 1,360.00 1,470.00-3.30 34.41 369,190 398.00 400.00 398.00 398.00 2.77 34.94 1,181,420 16.99 18.36 14.38 18.00 11.72 18.47 439,817 130.00 125.97 96.99 100.00-22.59 6.17 400 22,000.00 30,000.00 22,000.00 30,000.00 58.85 9.68 9 300,000.00 370,000.00 300,000.00 350,000.00 16.67 100.00 2,500,000 1,286.00 1,565.00 1,105.56 1,518.60 19.74 - - - 240.00 80.00-0.00 100.00 17,536,168 119.93 168.00 114.00 161.57 35.29 96.39 100,000 305.00 540.00 250.00 269.00-11.80 24.50 195,357 340.00 360.00 288.90 355.00 13.64 100.00 747,006 986.45 1,250.00 940.50 1,186.70 22.32 1.47 68,098 200.00 196.00 195.00 196.00-2.00 100.00 1,299,854 7,039.70 7,680.00 6,290.00 6,848.90-0.81 3.11 31,219 850.00 881.00 850.00 881.00 11.19 100.00 340,358,194 7.25 7.85 5.87 7.28 4.60 7.50 22 41,000.00 47,000.00 41,000.00 46,000.00 12.20 2.22 23,100 335.00 335.00 335.00 335.00 9.80 56.05 64,000 4,399.00 4,650.00 3,800.00 4,290.00 0.93 69.88 60,000 200.00 210.00 160.85 180.00-10.00 35.74 873,995 630.00 600.00 400.00 401.00-34.73 9.13 83,162 610.00 495.00 310.00 310.00-48.02 1.05 58,287 - - - - 0.00 7.26 296,633 1,300.00 1,200.00 290.00 290.00-77.63 50.88 17,996 36,698.00 36,705.00 36,500.00 36,500.00 1.58 7.38 119,155 2,200.00 2,200.00 2,000.00 2,200.00 1.63 14.11 100,000 500.00 520.00 480.00 510.00 9.70 100.00 1,053,310 679.03 949.99 626.00 885.00 34.95 17.00 13,081 4,400.00 4,415.00 3,900.00 4,130.00 0.08 24.10 113,590 267.00 263.00 152.90 170.00-36.11 Note: Traded Volume expressed in dollars using the observed dollar exchange recorded at the last day of 2014.
TRANSACTIONS 2014 TRANSACTION PRICES 2014 STOCK SHARES TRADED VOLUME PRESENCE SHARES CLOSING PRICE HIGH LOW CLOSING RETURN TRADED (US$) (%) ISSUED ON 12/30/2013 (Ch$) (Ch$) PRICE (%) 12/30/2014 ON 12/30/2014 77 EISA 4,419,661 78 ELECDA 477,570 79 ELECMETAL 252,456 80 ELIQSA 150,183 81 EMBONOR-A 3,305,492 82 EMBONOR-B 78,528,555 83 EMELARI 261,085 84 EMILIANA 28,426,959 85 ENACAR 4,386,821 86 ENAEX 1,817,643 87 ENDESA 972,847,331 88 ENERSIS 6,155,046,622 89 ENJOY 393,192,093 90 ENLASA 1,257,572 91 ENTEL 63,973,194 92 EPERVA 6,777,054 93 ESPANOLA 6,899 94 ESSBIO-C 760,846 95 ESVAL-A 219,612 96 ESVAL-C 3,018,301,067 97 EXESVAL-A 1,836 98 EXESVAL-C 589,327,159 99 FALABELLA 283,453,208 100 FASA 1,503,054,438 101 FEPASA 147,817,331 102 FORUS 61,151,482 103 FOSFOROS 1,322,732 104 FROWARD 200,276 105 GASCO 12,874,446 106 GENER-OSA 5,478,575 107 GOLF 43 108 GRANADILLA 30 109 GRANGE-A 5 110 GRANGE-B 8 111 HABITAT 128,328,045 112 HF 146,283,689 113 HIPERMARC 11,132,813 114 HIPICO 10 115 HIPODROMOA 49 116 HITES 97,301,682 1,968,825 318,983 5,812,078 65,555 4,929,238 130,054,019 72,734 1,827,785 2,422 17,167,305 1,337,849,762 1,822,627,165 42,354,628 1,656,398 709,454,249 1,126,808 27,261 10,974 2 149,991 0,1 20,141 2,163,939,102 590,315,747 1,338,528 249,640,963 2,276,662 48,889 97,190,152 396,440 1,619,913 1,334 659 257 174,110,456 118,099,440 38,162 165,399 16,135 47,708,927 79.12 605,365 300.00 300.00 254.26 266.00-11.33 9.09 180,805 400.00 410.00 380.00 410.00 8.59 3.63 43,800 13,300.00 14,100.00 13,300.00 14,100.00 9.40 3.69 182,933 265.00 270.00 265.00 270.00 16.95 8.87 244,421 1,100.00 1,100.00 900.00 900.00-13.71 95.98 266,433 1,080.00 1,180.00 884.90 903.51-12.31 5.88 185,995 172.00 170.00 165.00 170.00 9.25 18.15 636,429 42.00 45.00 31.01 43.50 4.72 4.03 1,000,000,000 0.35 - - 0.35 0.10 34.14 123,000 5,350.00 6,700.00 5,249.00 6,700.00 29.60 100.00 8,201,755 782.27 948.00 698.09 921.50 21.03 100.00 49,092,773 157.60 210.75 143.00 198.76 31.19 82.73 2,357,460 77.00 77.02 49.50 60.00-20.10 7.56 46,388 800.00 801.00 800.00 800.00 4.64 100.00 236,524 7,130.60 7,520.00 6,010.00 6,096.60-12.67 20.97 310,907 108.00 115.00 100.00 110.00 1.85 1.19 30,775 2,400.00 2,400.00 2,400.00 2,400.00 5.74 3.79 26,443,155-9.20 8.20 9.20 17.54 0.93 3,553,437 - - - - - 27.71 14,958,536-0.04 0.02 0.03-10.99 8.00 3,553,437 0.03 - - 0.02-29.27 14,958,536 0.02 0.02 0.02 0.02-100.00 2,434,465 4,713.00 5,150.00 3,949.90 4,071.40-12.38 40.96 1,500,000 111.00 239.07 107.00 238.00 117.67 1.20 4,713,485 5.50 5.50 5.50 5.50 2.91 99.20 258,469 2,658.30 2,890.00 2,165.00 2,480.40-4.42 28.98 61,500 960.00 1,210.00 940.00 1,150.00 35.78 7.21 113,238 150.00 155.00 140.00 140.00-3.91 97.99 168,000 5,450.00 5,800.00 3,450.00 5,198.90 4.90 - - - 58.01 35.00 - - 8.90 3 26,300,000.00 24,000,000.00 22,000,000.00 22,000,000.00-16.35 0.41 63 27,000.00 27,000.00 27,000.00 27,000.00-1.96 4 80,000.00 80,000.00 80,000.00 80,000.00-2.04 122 20,000.00 19,500.00 19,400.00 19,400.00-3.00 100.00 1,000,000 696.00 999.99 684.99 910.36 46.39 49.80 435,520 340.00 714.00 319.00 620.00 85.54 18.47 1,261,850 3.20 3.20 1.91 1.91-40.31 3.92 1 10,000,000.00 10,200,000.00 9,500,000.00 10,200,000.00 4.04 2.88 69 200,000.00 200,000.00 200,000.00 200,000.00 0.25 99.20 377,125 370.18 387.00 200.00 210.99-39.29 Note: Traded Volume expressed in dollars using the observed dollar exchange recorded at the last day of 2014.
99 TRANSACTIONS 2014 TRANSACTION PRICES 2014 STOCK SHARES TRADED VOLUME PRESENCE SHARES CLOSING PRICE HIGH LOW CLOSING RETURN TRADED (US$) (%) ISSUED ON 12/30/2013 (Ch$) (Ch$) PRICE (%) 12/30/2014 ON 12/30/2014 117 HORNOS 660,736 118 IACSA 7,991 119 IAM 200,282,213 120 IANSA 1,187,177,730 121 ILC 16,924,703 122 INDISA 5,735,955 123 INDIVER 6,964,509 124 INFODEMA 19,126,775 125 INGEVEC 35,054,306 126 INMOBVINA 2 127 INTASA 472,669 128 INTEROCEAN 11,056,322 129 INVERCAP 1,134,340 130 INVERMAR 53,044,094 131 INVERNOVA 5,645,617 132 INVEXANS 886,849,595 133 INVEXA-OSA 777,588,970 134 INVIESPA 23,664 135 IPAL 806 136 IQUIQUE 1,182,809 137 ISANPA 8,643,427 138 LAN 158,014,497 139 LAS CONDES 1,529,119 140 LITORAL 21,291 141 MARBELLACC 8 142 MARINSA 57,515,182 143 MASISA 721,700,248 144 MELON 393,010,153 145 MINERA 3,217,126 146 MOLLER 7,431,485 147 MOLYMET 3,007,050 148 MULTIFOODS 126,144,075 149 NAVARINO 1,743,423 150 NAVIERA 19,891,726 151 NIBSA 225 152 NITRATOS 1,651,542,855 153 NORTEGRAN 4,819,411,908 154 NORTE-OSA 3,729,067,324 155 NUEVAPOLAR 748,467,119 156 NUEVAREG 283 1,624 1,316 299,961,889 39,303,655 208,295,168 23,207,343 4,710,002 197,867 1,316,845 445 10,521 966,936 2,253,750 3,645,488 18,230 14,043,953 13,047 47,656 1,300 14,840 28,075 1,992,553,463 107,875,797 421,486 10,866 3,328,427 30,621,087 474,496 89,869,065 3,736,892 42,572,778 24,913,253 1,291,745 529,289 3,274 806,226 16,931,264 2,316,219 59,119,346 0,5 2.70 1,010,386 1.50 1.50 1.50 1.50 0.00 2.15 290,730 100.00 - - 100.00 1.00 100.00 1,000,000 892.25 970.00 836.98 940.12 12.30 98.80 3,983,887 17.52 23.00 16.36 18.20 10.66 100.00 100,000 7,400.00 8,670.10 6,400.00 7,356.40 4.35 79.12 80,575 1,905.00 2,850.00 1,909.00 2,710.00 46.60 34.14 276,236 270.01 645.00 30.00 70.00 3,066.43 7.17 899,547 7.35 7.00 6.00 6.70-5.11 36.10 890,000 27.50 27.00 17.07 17.10-35.14 3.57 1 135,010.00 - - 135,010.00-1.42 584,630 13.70 13.70 13.70 13.70-29.80 914,419 38.00 61.00 28.00 58.00 52.63 67.47 149,448 1,995.00 1,996.00 767.00 786.00-58.76 81.93 288,805 50.00 63.00 27.00 27.00-46.00 7.39 714,876 1.60 2.00 1.70 2.00 52.93 84.74 22,422,000 9.84 10.48 6.99 9.97 1.34 - - - 0.01 0.01 - - 2.60 23,100 1,300.00 1,250.00 1,150.00 1,250.00 7.90 0.43 10,993 980.00 980.00 980.00 980.00 5.81 7.11 3,606,193 8.90 10.00 6.09 10.00 12.36 16.13 4,653,965 2.00 2.00 1.95 2.00-100.00 545,548 8,254.50 8,879.60 6,516.10 7,064.20-14.42 80.65 8,289 43,000.00 43,800.00 37,900.00 40,000.00-6.98 1.68 2,500 12,500.00 12,500.00 12,000.00 12,000.00 0.84 0.81 11 800,000.00 850,000.00 800,000.00 850,000.00 6.25 22.58 2,839,055 36.00 36.00 31.00 31.00-10.01 98.80 7,839,105 34.40 34.40 18.30 18.50-45.52 45.27 279,453,788 0.35 1.66 0.32 0.35-76.71 125,000 15,900.00 16,350.00 15,900.00 16,000.00 1.59 34.84 206,884 345.00 360.00 265.00 265.00-20.52 72.98 132,999 8,150.00 8,900.00 4,500.00 5,050.00-37.67 96.39 1,410,666 93.10 145.00 80.00 129.80 39.42 8.30 141,869 500.00 480.00 440.00 450.00-10.00 20.97 6,909,830 14.20 18.00 11.00 16.00 18.92 1.23 930 8,300.00 8,900.00 8,500.00 8,900.00 15.44 48.96 104,641,424 0.19 0.51 0.20 0.25 40.72 80.32 105,961,665 2.30 2.65 1.65 2.10-4.29 - - - 0.49 0.20-67.86 100.00 998,618 69.06 77.00 23.01 28.37-58.92 2.44 299,921 - - - - - Note: Traded Volume expressed in dollars using the observed dollar exchange recorded at the last day of 2014.
TRANSACTIONS 2014 TRANSACTION PRICES 2014 STOCK SHARES TRADED VOLUME PRESENCE SHARES CLOSING PRICE HIGH LOW CLOSING RETURN TRADED (US$) (%) ISSUED ON 12/30/2013 (Ch$) (Ch$) PRICE (%) 12/30/2014 ON 12/30/2014 157 ORO BLANCO 3,941,253,152 158 OROBCO-OSA 4,885,568,685 159 Pacífico 1,909,958 160 PARAUCO 220,984,104 161 PARAUC-OSA 12,878,147 162 PASUR 904,864 163 PAZ 85,043,683 164 PEHUENCHE 2,428,309 165 PILMAIQUEN 6,115,676 166 PLANVITAL 90 167 POLO 53 168 POLPAICO 945,501 169 POTASIOS-A 5,764,469 170 POTASIOS-B 714,970 171 PREVISION 12,230 172 PROVIDA 2,997,047 173 PUCOBRE-A 1,137,845 174 PUERTO 691,928 175 PUNTILLA 24,282 176 QUEMCHI 334,575 177 QUILICURA 780 178 QUINENCO 48,846,868 179 REBRISA-A 3,506,666 180 REBRISA-B 21,842,903 181 RIPLEY 373,190,883 182 SALFACORP 99,499,826 183 SAN PEDRO 502,597,448 184 SANTA RITA 971,553 185 SANTANA 3,956,643 186 SANTANGRUP 281,281 187 SCHWAGER 2,630,370,434 188 SECURITY 271,318,789 189 SIEMEL 304,529 190 SINTEX 118,862 191 SIPSA 409,163 192 SIXTERRA 93,233 193 SK 72,617,824 194 SM-CHILE A 7,693,639 195 SM-CHILE B 1,096,885,727 196 SM-CHILE D 9,892,150 12,784,794 1,013,930 2,936,024 374,538,678 1,172,983 9,990,602 44,821,537 14,799,651 28,492,978 3 239,545 8,687,636 332,867 121,151 11,329 16,677,363 4,647,976 524,912 123,171 301,625 492 98,785,417 3,703 23,376 207,477,542 77,420,921 3,619,504 224,405 25,170 741,077 3,798,982 87,828,487 118,094 393,143 102,173 144,986 106,806,485 1,890,020 322,372,766 2,631,907 71.49 131,492,625 1.90 2.42 1.54 1.90 4.75 - - - 0.33 0.07 - - 21.34 145,000 1,440.00 1,440.00 800.00 875.00-36.30 99.60 817,747 955.72 1,260.10 904.46 1,162.20 24.39 - - - 95.00 25.00 - - 46.75 125,000 6,725.00 6,900.00 6,650.00 6,700.00 0.81 88.35 283,369 302.00 398.00 240.00 375.00 28.75 74.70 612,626 3,000.00 4,000.00 2,900.00 4,000.00 40.56 73.49 50,000 2,429.00 3,200.00 2,230.00 3,000.00 24.95 0.68 1,682,158 - - - - - 8.16 10 2,700,000.00 2,800,000.00 2,700,000.00 2,750,000.00 1.85 22.89 17,875 5,700.10 6,400.00 4,799.00 5,500.00 1.21 14.46 1,815,080 59.50 40.00 33.00 33.00-40.87 1.54 120,921 103.00 103.00 103.00 103.00 2.82 4.04 382,349 550.00 562.00 562.00 562.00 21.14 82.73 331,317 3,000.00 3,690.40 2,994.00 3,300.00 13.96 28.74 129,460 3,125.00 3,125.00 2,290.70 2,300.70-24.57 13.58 229,993 460.00 480.00 420.00 420.00-7.35 6.17 52,335 3,101.00 3,101.00 3,000.00 3,000.00-0.34 4.84 122,019 700.00 560.00 500.00 560.00-20.00 1.70 20,000 390.00 - - 390.00 1.77 93.57 1,662,760 1,325.00 1,380.00 1,100.10 1,300.00 1.73 4.12 4,086,106 0.65 0.65 0.65 0.65-1.03 1,172,460 0.65 0.65 0.65 0.65-100.00 1,936,052 379.99 390.01 286.00 294.00-20.18 100.00 449,901 491.35 550.00 401.00 459.43-3.17 61.63 39,969,697 3.09 5.10 3.05 5.07 70.45 8.26 1,034,572 140.00 142.20 140.00 142.20 3.71 4.93 2,589,040 3.80 4.05 3.80 4.05 12.62 10.74 781,141 1,600.00 1,610.00 1,500.00 1,605.00 7.86 95.58 12,007,251 0.81 1.25 0.65 0.90 11.11 97.99 3,228,758 177.00 244.30 175.29 215.90 27.36 20.16 362,574 230.00 266.70 210.01 219.00 21.39 22.18 25,000 2,779.50 2,700.00 1,987.00 2,000.00-17.75 15.79 134,910 93.00 273.00 90.00 270.00 190.32 14.34 25,000 790.00 1,350.00 750.00 1,000.00 70.00 99.20 1,075,000 795.00 1,019.90 735.00 940.00 22.96 29.84 567,713 157.00 160.00 140.00 145.00-7.64 100.00 11,000,000 180.53 187.50 167.00 179.80 1.69 73.49 429,418 163.00 171.00 152.02 162.10 1.67 Note: Traded Volume expressed in dollars using the observed dollar exchange recorded at the last day of 2014.
101 TRANSACTIONS 2014 TRANSACTION PRICES 2014 STOCK SHARES TRADED VOLUME PRESENCE SHARES CLOSING PRICE HIGH LOW CLOSING RETURN TRADED (US$) (%) ISSUED ON 12/30/2013 (Ch$) (Ch$) PRICE (%) 12/30/2014 ON 12/30/2014 197 SM-CHILE E 3,701,325 198 SMSAAM 1,684,508,222 199 SOCOVESA 152,562,021 200 SOFRUCO 15,041 201 SONDA 230,087,533 202 SOPROCAL 21,330 203 SOQUICOM 27,340,793 204 SPORTFRAN 30 205 SPORTING 68 206 SQM-A 171,000 207 SQM-B 27,422,293 208 SUD AMER-A 1,244,239 209 TATTERSALL 11,951,512 210 TECHPACK 66,284,895 211 TECHPA-OSA 47,921,001 212 TELSUR 446,188 213 TRICAHUE 3,443,545 214 UNESPA 11,113 215 UNION GOLF 18 216 VAPORE-OSA 1,217,755,530 217 VAPORES 3,190,466,145 218 VENTANAS 17,621,070 219 VICONTO 4,887,313 220 VOLCAN 578,322 221 WATTS 10,219,408 222 WMTCL 15,561,591 223 ZOFRI 9,411,028 419,547 130,538,328 30,775,601 32,186 494,193,363 6,497 5,246,924 106,744 653,747 4,847,179 714,060,354 256,519 1,521,405 31,344,775 27,456 162,444 10,249,681 5,983 63,361 950,211 132,207,624 4,912,281 73,056 1,850,926 16,174,942 13,053,680 9,787,927 18.85 141,374 70.30 71.40 65.00 68.50 2.35 100.00 9,736,792 47.53 50.50 43.05 46.92 3.35 92.37 1,223,936 129.00 150.00 95.00 122.00-2.57 2.46 11,000 1,400.00 1,300.00 1,290.00 1,300.00-4.28 100.00 871,057 1,260.00 1,700.00 1,019.00 1,443.70 17.59 1.64 9,850 160.00 185.00 185.00 185.00 26.79 52.85 272,117 94.58 165.00 91.83 163.00 87.59 4.58 5 1,900,100.00 2,300,000.00 1,950,000.00 2,300,000.00 21.05 11.06 6 5,600,000.00 6,500,000.00 5,600,000.00 6,500,000.00 16.37 42.31 142,820 17,650.00 19,071.00 15,245.00 16,000.00-4.84 100.00 120,377 13,384.00 19,594.00 12,883.00 14,743.00 15.97 8.37 5,147,416 125.00 125.51 120.00 125.50 3.45 23.39 654,575 83.00 84.00 70.50 75.00-8.32 90.32 375,870 384.00 390.00 222.00 274.70-28.46 - - - 1.50 0.20-0.00 6.93 225,063 155.00 256.86 145.00 256.86 66.26 10.16 33,392 1,800.00 1,830.00 1,650.00 1,830.00 7.68 5.88 20,000 335.00 330.00 330.00 330.00 5.00 5.26 2 2,190,000.00 2,500,000.00 1,690,000.00 1,690,000.00-22.83 - - - 2.20 0.09 - - 100.00 19,469,373 26.40 34.31 20.72 22.86-22.12 33.47 1,202,880 140.00 175.80 140.00 171.20 26.99 7.41 720,000 9.40 9.10 9.00 9.10 1.62 13.81 75,000 2,025.00 2,025.00 1,840.00 1,840.00-5.16 46.59 315,166 880.00 1,080.00 857.17 959.00 11.85 33.61 6,520,000 450.00 510.25 450.00 510.00 14.33 82.73 220,569 640.00 700.00 545.00 589.00-2.77 TOTAL 19,295,614,016,619 Note: Traded Volume expressed in dollars using the observed dollar exchange recorded at the last day of 2014. NOTES STOCK: Market name for shares of companies listed on the Santiago Stock Exchange as of December 30, 2014. SHARES TRADED: Total number of shares traded during 2014, adjusted for capital variations when applicable. TRADED VOLUME (US$): Annual traded volume per stock, expressed in dollars using the observed dollar exchange recorded at the last day of 2014 PRESENCE (%): Number of days on which trades occurred, expressed as a percentage of total trading days in 2014. SHARES ISSUED AS OF 12/30/2014 (THOUSANDS): Number of outstanding shares reported by the company. CLOSING PRICE ON 12/30/2013: Official closing price recorded on the last trading day in 2013. Companies with a hyphen had no closing price on that date or entered the market during 2014. HIGH (Ch$): This is the highest share price recorded in 2014, adjusted for capital variations when applicable. Companies with a hyphen had no transactions in 2014. LOW (Ch$): This is the lowest share price recorded in 2014, adjusted for capital variations when applicable. Companies with a hyphen had no transactions in 2014. CLOSING PRICE ON 12/30/2014: Official closing price recorded on the last trading day in 2014. Companies with a hyphen had no closing price on that date. RETURN (%): The gain or loss on an investment in a stock during the period from January 2 to December 30, 2014, assuming that it is purchased at the beginning of the period and sold at the end, and considering rights issues, dividend reinvestments, capital distributions and price variations during the period. These returns become effective to the extent that the stock has sufficient market liquidity (presence) in order to be purchased and sold at the right time.
DIVIDENDS AND CAPITAL DISTRIBUTIONS IN CASH MONTH 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 JAN 312,176 310,176 449,906 572,826 605,046 401,308 672,102 496,739 411,259 492,609 FEB 67,815 89,846 89,972 254,147 131,576 175,861 239,260 1,000,822 27,173 35,914 MAR 471,006 566,028 413,259 649,178 565,292 848,901 705,034 736,484 726,294 1,077,080 APR 1,226,610 994,865 1,112,767 1,518,808 1,007,786 1,541,437 1,189,167 1,078,014 1,127,802 1,078,454 MAY 2,270,900 1,857,827 2,847,864 4,486,021 4,678,813 3,815,950 4,140,866 3,512,158 3,412,254 3,143,143 JUN 489,606 377,752 224,140 264,126 307,802 424,571 127,784 99,251 105,914 109,460 JUL 139,032 116,998 380,986 324,602 162,916 380,287 181,372 433,403 86,555 289,509 AUG 83,657 334,128 168,265 175,579 192,489 177,923 161,356 1,662,672 495,780 135,384 SEP 15,196 170,801 154,758 281,139 219,532 121,322 230,529 158,827 171,028 136,311 OCT 224,529 347,961 387,057 311,008 303,690 335,679 329,814 285,953 265,124 226,342 NOV 193,130 168,548 243,524 461,015 288,756 230,653 388,263 756,447 284,513 84,915 DEC 454,529 546,945 447,827 620,274 810,395 563,531 985,606 836,967 748,959 1,205,001 TOTAL 5,948,185 5,881,873 6,920,324 9,918,723 9,274,094 9,017,423 9,351,155 11,057,737 7,862,656 8,014,123 AVERAGE 495,682 490,156 576,694 826,560 772,841 751,452 779,263 921,478 655,221 667,844 HIGHEST 2,270,900 1,857,827 2,847,864 4,486,021 4,678,813 3,815,950 4,140,866 3,512,158 3,412,254 3,143,143 LOWEST 15,196 89,846 89,972 175,579 131,576 121,322 127,784 99,251 27,173 35,914 RIGHTS ISSUES AT SUBSCRIPTION VALUE Note: Figures expressed in thousands of dollars using the observed dollar exchange recorded at the last day of 2014. MONTH 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 JAN 2,757 270,557 7,907 338,833 177,882 54,615 8,669 1,039,457 226,053 417,464 FEB 8,478 386,349 157,400 80,863 82,013 2,042 943 391,801 39,133 10,026 MAR 1,093,642 111,821 126,668 4,522 227,674 707,553 381,563 53,094 6,399,107 460,884 APR 413,123 110,471 242,555 669,641 151,970 1,069,335 19,832 235,769 70,809 400,539 MAY 89,241 45,023 335,749 74,753 306,074 181,565 712,054 1,134 27,977 189,269 JUN 13,926 2,926 605,817 652,655 467,856 18,051 850,011 1,652,349 537,142 72,236 JUL 45,094 31,846 181,633 5,693 176,359 5,450 445,840 789,892 29,480 322,779 AUG 24,868 158,744 791,895 3,530 46,257 24,483 335,080 279,968 46,270 118,050 SEP 54,865 137,124 10,673 78,163 56,222 57,669 52,363 26,376 876,873 53,830 OCT 231,817 155,743 272,025 161,078 163,239 9,232 267,009 305,288 619,973 125,460 NOV 434,236 90,144 1,636,657 18,719 334,491 521,829 33,910 544 16,934 26,164 DEC 223,187 310,527 920,248 200,682 1,048,049 456,889 74,525 229,771 933,510 440 TOTAL 2,635,234 1,811,274 5,289,227 2,289,131 3,238,086 3,108,713 3,181,799 5,005,442 9,823,261 2,197,140 AVERAGE 219,603 150,939 440,769 190,761 269,841 259,059 265,150 417,120 818,605 183,095 HIGHEST 1,093,642 386,349 1,636,657 669,641 1,048,049 1,069,335 850,011 1,652,349 6,399,107 460,884 LOWEST 2,757 2,926 7,907 3,530 46,257 2,042 943 544 16,934 440 Note: Figures expressed in thousands of dollars using the observed dollar exchange recorded at the last day of 2014..
DAILY TRADED VOLUME IN EQUITY MARKET FOR 2014 103 DAY JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER 1 123,102 80,411 73,817 57,626 99,319 84,937 2 133,639 115,524 67,885 130,613 89,212 131,004 131,115 73,297 3 107,685 130,863 52,951 133,200 141,487 81,132 119,634 84,570 100,468 109,537 4 136,001 97,727 103,453 95,414 31,775 88,838 135,440 85,903 128,427 5 296,757 128,352 60,216 136,673 100,558 76,839 73,679 76,855 6 85,608 137,081 102,321 92,423 98,504 95,278 98,559 70,811 7 75,918 105,455 78,178 109,217 71,027 89,579 126,641 88,431 87,712 8 98,509 127,104 88,839 97,065 67,283 97,560 100,615 9 139,564 166,977 70,332 51,244 129,749 77,325 96,586 171,604 10 291,892 79,728 72,872 87,747 112,725 87,399 76,481 102,733 74,480 107,497 11 122,591 120,578 88,021 130,521 79,480 71,682 61,026 73,852 132,984 12 114,862 158,601 79,369 85,026 673,189 87,798 117,300 104,420 13 90,325 99,529 106,335 104,941 67,328 102,542 124,292 111,447 14 101,910 71,760 105,867 90,949 134,302 75,658 97,396 91,904 94,408 15 149,980 134,806 163,150 165,900 81,082 121,601 106,325 16 132,722 115,600 114,547 87,045 115,272 139,939 111,490 17 99,938 35,359 66,152 45,699 85,631 116,089 133,205 171,295 3,200,335 169,695 18 118,873 99,128 77,201 72,119 68,429 109,428 128,469 19 71,293 75,431 131,000 120,774 177,622 127,078 99,295 20 40,808 90,057 89,827 109,547 80,226 149,387 79,690 156,415 21 129,160 50,737 209,576 54,472 72,654 91,855 89,298 134,468 22 150,425 83,170 109,072 230,206 110,957 143,081 78,345 137,341 23 203,602 63,464 154,542 66,115 69,322 110,649 98,073 60,758 24 148,563 74,119 105,033 84,116 124,083 70,058 125,145 73,367 100,542 62,315 25 370,113 107,435 71,421 60,803 64,983 105,062 88,359 130,331 26 124,625 94,552 59,248 61,279 105,649 73,189 97,973 39,708 27 130,980 122,130 166,867 98,186 56,256 107,311 55,176 33,362 28 171,002 115,635 202,933 78,702 117,460 76,712 99,935 75,854 87,370 29 946,309 95,855 92,282 122,055 163,883 755,474 104,959 73,041 30 257,079 143,521 382,600 96,009 122,594 108,129 86,742 59,326 31 113,452 131,047 96,364 LOWEST TRADING VOLUMEN FOR THE MONTH 40,808 35,359 52,951 45,699 59,248 51,244 31,775 67,283 57,626 55,176 33,362 39,708 HIGHEST TRADING VOLUMEN FOR THE MONTH 946,309 370,113 209,576 166,977 382,600 141,487 230,206 673,189 755,474 171,295 3,200,335 171,604 DAILY AVERAGE FOR THE MONTH 172,685 123,378 112,941 100,768 115,048 93,569 96,387 133,866 132,716 99,657 253,368 101,866 DAILY AVERAGE FOR THE YEAR 172,685 3,857,823 6,304,286 8,663,592 10,776,644 13,071,207 15,034,870 17,156,993 19,832,470 22,483,085 24,687,186 29,740,602 MONTHLY TOTAL 3,799,072 2,467,567 2,371,762 2,116,119 2,300,968 1,964,958 2,120,517 2,677,314 2,654,319 2,192,464 5,067,362 2,037,318 ACCUMULATED ANNUAL TOTAL 3,799,072 6,266,638 8,638,400 10,754,520 13,055,487 15,020,445 17,140,961 19,818,275 22,472,594 24,665,058 29,732,420 31,769,738 HIGHEST TRADED VOLUMES LOWEST TRADED VOLUMES 11/17/2014 3,200,335 07/04/2014 31,775 01/29/2014 946,309 11/27/2014 33,362 09/29/2014 755,474 02/17/2014 35,359 Note: Figures expressed in thousands of dollars using the observed dollar exchange recorded at the last day of 2014.
SELECTIVE STOCK PRICE INDEX (IPSA) 12-30-2014 SYMBOL MARKET CAPITALIZATION (MMUS$) WEIGHT (%) AESGENER 1,333 2.01 AGUAS-A 1,771 2.67 ANDINA-B 681 1.03 ANTARCHILE 1,447 2.18 BANMEDICA 632 0.95 BCI 2,271 3.42 BESALCO 135 0.20 BSANTANDER 3,222 4.85 BUPACL 314 0.47 CAP 468 0.70 CCU 1,377 2.07 CENCOSUD 2,832 4.26 CFR 640 0.96 CGE 1,128 1.70 CHILE 2,379 3.58 CMPC 2,685 4.04 COLBUN 2,390 3.60 CONCHATORO 887 1.34 COPEC 5,854 8.81 CORPBANCA 2,358 3.55 ECL 750 1.13 EMBONOR-B 205 0.31 ENDESA 5,117 7.70 ENERSIS 6,682 10.06 ENTEL 1,109 1.67 FALABELLA 3,049 4.59 FORUS 367 0.55 IAM 716 1.08 ILC 420 0.63 LAN 4,626 6.96 PARAUCO 1,029 1.55 RIPLEY 454 0.68 SALFACORP 223 0.34 SECURITY 1,063 1.60 SK 410 0.62 SM-CHILE B 1,388 2.09 SMSAAM 493 0.74 SONDA 1,129 1.70 SQM-B 2,090 3.15 VAPORES 326 0.49 TOTAL 66,451 Note: Figures expressed in thousands of dollars using the observed dollar exchange recorded at the last day of 2014.
SELECTIVE STOCK PRICE INDEX (IPSA) 2014 105 DAY JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER 1 3,794.62 3,871.02 3,904.93 4,012.06 3,882.16 3,958.49 2 3,694.33 3,809.86 3,929.85 3,891.19 3,887.72 4,055.10 3,872.52 3,948.93 3 3,698.60 3,393.27 3,661.64 3,793.64 3,914.19 3,893.48 4,094.65 3,924.31 3,901.14 3,948.27 4 3,407.26 3,703.81 3,766.41 3,916.96 3,887.55 3,934.93 4,086.33 3,901.15 3,941.88 5 3,408.89 3,715.81 3,907.00 3,940.35 3,940.62 4,071.26 3,908.46 3,968.12 6 3,694.99 3,446.99 3,730.39 3,891.53 3,936.37 3,923.37 3,948.68 3,890.30 7 3,673.68 3,485.41 3,697.79 3,778.26 3,903.68 3,882.17 3,906.73 3,933.41 3,888.07 8 3,689.76 3,822.19 3,910.93 3,920.66 3,894.46 4,060.05 3,913.52 9 3,645.12 3,863.92 3,904.06 3,912.01 3,974.34 4,062.51 3,884.81 3,911.27 10 3,620.46 3,501.00 3,652.51 3,853.95 3,929.53 3,967.36 4,067.05 3,831.91 3,890.44 3,859.57 11 3,548.88 3,659.30 3,868.35 3,906.91 3,974.45 3,926.35 4,025.73 3,891.37 3,825.33 12 3,605.45 3,623.29 3,920.17 3,890.77 3,924.05 3,990.97 3,921.62 3,802.56 13 3,618.80 3,603.95 3,630.76 3,956.33 3,863.13 3,952.77 3,858.49 3,931.80 14 3,615.22 3,666.48 3,611.65 3,893.51 3,964.09 3,964.81 3,955.38 3,846.23 3,919.85 15 3,650.07 3,877.49 3,947.20 3,964.22 3,968.13 3,791.28 3,752.89 16 3,673.00 3,912.24 3,969.38 3,841.28 3,994.00 3,778.03 3,751.51 17 3,704.44 3,671.70 3,631.28 3,895.63 3,827.68 3,946.67 4,028.55 3,760.74 3,921.98 3,779.19 18 3,648.03 3,673.62 3,869.30 3,945.35 3,953.56 3,933.64 3,808.53 19 3,641.25 3,638.80 3,935.28 3,893.56 3,947.96 3,975.15 3,810.23 20 3,686.68 3,641.09 3,656.05 3,881.35 3,870.20 3,978.00 3,757.11 3,976.18 21 3,679.77 3,626.69 3,633.20 3,887.86 3,936.83 3,969.36 3,794.50 3,988.04 22 3,700.08 3,878.50 3,925.31 3,931.12 3,950.01 3,999.34 3,808.67 3,798.47 23 3,673.23 3,871.61 3,960.06 3,879.98 3,921.98 3,962.28 3,816.88 3,820.58 24 3,597.98 3,640.44 3,658.94 3,869.16 3,902.03 3,929.51 3,972.79 3,822.55 3,972.04 3,812.14 25 3,633.78 3,707.74 3,823.65 3,893.83 3,918.79 3,945.78 3,976.17 3,975.86 26 3,675.28 3,697.14 3,959.01 3,886.91 3,951.44 3,968.61 3,962.08 3,818.48 27 3,520.82 3,689.01 3,742.36 3,930.02 3,874.47 3,973.31 3,794.83 3,981.07 28 3,487.00 3,718.88 3,759.79 3,812.86 3,929.30 3,918.56 3,963.78 3,792.22 3,991.78 29 3,393.31 3,846.91 3,944.21 3,914.86 3,996.63 3,943.88 3,804.90 3,854.41 30 3,391.31 3,909.64 3,903.81 3,875.73 3,906.37 3,943.56 3,850.97 3,850.96 31 3,439.41 3,772.76 3,875.44 LOW FOR THE MONTH 3,391.31 3,393.27 3,611.65 3,766.41 3,881.35 3,827.68 3,871.02 3,894.46 3,943.56 3,757.11 3,888.07 3,751.51 HIGH FOR THE MONTH 3,704.44 3,718.88 3,772.76 3,912.24 3,969.38 3,940.35 3,974.45 3,996.63 4,094.65 3,948.68 3,991.78 3,968.12 MONTHLY AVERAGE 3,615.82 3,582.69 3,678.98 3,849.06 3,928.63 3,891.26 3,924.24 3,944.67 4,014.15 3,839.49 3,936.10 3,851.09 ANNUAL AVERAGE 3,615.82 3,600.04 3,626.35 3,682.03 3,729.45 3,756.63 3,781.72 3,801.23 3,824.00 3,825.63 3,835.28 3,836.55 HIGHS FOR THE YEAR LOWS FOR THE YEAR 4,094.65 9/3/2014 3,391.31 1/30/2014 4,086.33 9/4/2014 3,393.27 2/3/2014 4,071.26 9/5/2014 3,611.65 3/14/2014 Note: Base 1,000 = December 30, 2002.
SELECTIVE STOCK PRICE INDEX (IPSA) NOMINAL VALUES, LAST DAY OF EACH MONTH MONTH 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 JAN 1,809.88 2,118.46 2,895.28 2,788.34 2,549.46 3,808.96 4,673.07 4,260.76 4,552.40 3,439.41 FEB 1,895.20 2,166.84 2,811.62 2,836.83 2,468.63 3,827.44 4,444.57 4,535.60 4,558.46 3,718.88 MAR 1,961.69 2,181.96 2,929.00 2,902.02 2,478.94 3,763.12 4,624.47 4,671.28 4,432.14 3,772.76 APR 1,956.98 2,201.56 3,161.22 2,989.41 2,670.78 3,865.45 4,822.50 4,585.77 4,292.14 3,909.64 MAY 1,968.78 2,156.53 3,279.53 3,048.85 3,100.42 3,886.86 4,847.87 4,318.16 4,191.26 3,903.81 JUN 2,056.84 2,126.02 3,470.18 2,999.90 3,090.50 4,065.29 4,795.28 4,400.10 4,029.67 3,875.73 JUL 2,175.06 2,131.58 3,340.43 3,014.80 3,226.20 4,364.15 4,425.99 4,227.56 3,732.54 3,875.44 AUG 2,086.25 2,206.37 3,310.14 2,895.21 3,175.18 4,525.01 4,288.32 4,155.68 3,628.73 3,996.63 SEP 2,152.82 2,280.48 3,249.00 2,753.31 3,372.87 4,795.38 3,888.58 4,230.42 3,823.85 3,943.56 OCT 2,072.64 2,380.26 3,451.18 2,489.59 3,314.45 4,912.53 4,327.25 4,266.35 3,912.44 3,850.97 NOV 2,027.61 2,559.67 3,204.47 2,406.26 3,255.32 4,956.96 4,161.29 4,139.99 3,789.06 3,991.78 DEC 1,964.47 2,693.22 3,051.83 2,376.42 3,581.42 4,927.53 4,177.53 4,301.38 3,699.19 3,850.96 ANNUAL AVERAGE ANNUAL % CHANGE AVERAGE % CHANGE 2,001.46 2,225.35 3,150.56 2,756.66 3,000.40 4,257.20 4,452.12 4,328.29 4,065.64 3,836.55 9.35 37.10 13.32-22.13 50.71 37.59-15.22 2.96-14.00 4.10 28.22 11.19 41.58-12.50 8.84 41.89 4.58-2.78-6.07-5.63 NOMINAL VALUES, MONTHLY AVERAGE MONTH 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 JAN 1,758.34 2,058.38 2,784.41 2,732.66 2,495.32 3,752.01 4,885.49 4,219.67 4,469.84 3,615.82 FEB 1,836.62 2,127.37 2,973.30 2,843.54 2,593.38 3,802.87 4,497.46 4,451.49 4,569.80 3,582.69 MAR 1,929.73 2,159.25 2,897.53 2,826.14 2,358.88 3,779.24 4,465.24 4,582.47 4,477.45 3,678.98 APR 1,975.66 2,181.91 3,077.01 2,983.66 2,626.68 3,828.90 4,718.32 4,576.49 4,309.53 3,849.06 MAY 1,963.88 2,181.00 3,214.43 2,984.61 2,969.19 3,828.05 4,827.89 4,369.63 4,258.83 3,928.63 JUN 2,037.79 2,084.57 3,366.81 3,040.39 3,157.38 3,997.25 4,730.42 4,312.74 3,989.85 3,891.26 JUL 2,106.77 2,101.41 3,387.27 2,848.66 3,173.83 4,222.31 4,663.59 4,349.45 3,824.93 3,924.24 AUG 2,133.72 2,156.76 3,207.14 2,910.33 3,264.00 4,468.13 4,177.87 4,185.94 3,694.50 3,944.67 SEP 2,119.40 2,227.04 3,211.64 2,774.16 3,258.17 4,726.44 4,033.30 4,181.52 3,817.48 4,014.15 OCT 2,126.45 2,349.71 3,406.88 2,319.13 3,409.43 4,783.45 4,015.32 4,263.49 3,854.40 3,839.49 NOV 2,041.67 2,475.01 3,200.26 2,500.21 3,301.86 4,972.26 4,219.75 4,185.58 3,791.08 3,936.10 DEC 1,982.73 2,646.17 3,100.90 2,334.00 3,448.51 4,942.25 4,157.94 4,232.93 3,694.46 3,851.09 ANNUAL AVERAGE ANNUAL % CHANGE AVERAGE % CHANGE 2,001.46 2,225.35 3,150.56 2,756.66 3,000.40 4,257.20 4,452.12 4,328.29 4,065.64 3,836.55 10.16 33.46 17.18-24.73 47.75 43.32-15.87 1.80-12.72 4.24 28.22 11.19 41.58-12.50 8.84 41.89 4.58-2.78-6.07-5.63 Note: Base 1,000 = December 30, 2002.
GENERAL STOCK PRICE INDEX (IGPA) 2014 107 DAY JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER 1 18,633.51 18,874.58 19,059.82 19,475.49 18,997.25 19,320.05 2 18,213.39 18,706.41 19,261.29 19,029.73 18,940.93 19,651.92 18,941.82 19,286.07 3 18,233.22 16,944.04 18,108.80 18,628.12 19,114.20 18,948.50 19,813.98 19,168.92 19,050.70 19,260.94 4 17,007.98 18,279.35 18,527.12 19,119.46 18,925.47 19,178.07 19,788.66 19,056.79 19,238.75 5 17,025.22 18,339.49 19,175.13 19,215.62 19,200.74 19,723.56 19,087.37 19,357.98 6 18,211.75 17,174.70 18,399.37 19,116.94 19,200.27 19,133.17 19,280.93 18,992.11 7 18,132.02 17,349.84 18,258.48 18,574.33 19,160.52 18,905.03 19,054.26 19,214.01 18,986.40 8 18,204.11 18,755.08 19,182.71 19,071.20 19,009.78 19,673.92 19,137.55 9 18,028.10 18,913.92 19,151.74 19,103.09 19,305.81 19,690.44 19,029.95 19,136.71 10 17,926.38 17,411.83 18,074.15 18,875.67 19,175.32 19,266.89 19,708.77 18,811.48 18,987.15 18,926.66 11 17,621.09 18,104.77 18,936.36 19,069.97 19,317.54 19,136.76 19,537.89 18,990.89 18,786.95 12 17,850.24 17,951.72 19,215.94 19,001.00 19,117.70 19,391.95 19,123.08 18,674.67 13 17,907.77 17,857.77 17,964.40 19,341.37 18,886.37 19,225.81 18,937.44 19,155.00 14 17,890.80 18,102.40 17,891.01 19,067.13 19,364.66 19,292.56 19,242.80 18,882.66 19,109.20 15 18,041.88 19,010.29 19,295.30 19,285.47 19,304.15 18,655.02 18,463.32 16 18,134.52 19,165.79 19,381.99 18,795.88 19,409.86 18,570.97 18,443.86 17 18,266.89 18,125.84 17,972.96 19,101.01 18,727.13 19,208.83 19,552.93 18,510.78 19,122.00 18,542.98 18 18,007.20 18,149.52 18,883.79 19,209.92 19,239.52 19,166.89 18,697.24 19 17,977.52 18,013.02 19,254.22 18,983.32 19,229.36 19,340.35 18,692.54 20 18,183.68 17,976.21 18,091.78 19,029.89 18,903.96 19,349.69 18,526.69 19,351.96 21 18,170.50 17,937.65 18,049.07 19,079.19 19,178.32 19,316.90 18,689.76 19,422.44 22 18,248.41 19,049.52 19,201.30 19,150.51 19,234.94 19,439.43 18,744.94 18,642.49 23 18,131.49 19,034.86 19,336.89 18,936.82 19,117.40 19,294.26 18,773.51 18,733.64 24 17,815.17 17,996.71 18,148.88 19,024.06 19,022.15 19,147.91 19,335.49 18,763.57 19,368.24 18,699.09 25 17,964.50 18,342.49 18,840.91 18,990.43 19,104.06 19,221.19 19,340.73 19,381.71 26 18,141.97 18,284.40 19,337.15 18,954.00 19,231.60 19,336.98 19,326.62 18,727.92 27 17,493.58 18,219.65 18,441.77 19,222.73 18,899.53 19,334.22 18,643.22 19,406.83 28 17,349.86 18,342.81 18,496.74 18,788.64 19,205.72 19,100.28 19,293.28 18,643.10 19,457.82 29 16,937.63 18,930.13 19,265.50 19,099.77 19,422.77 19,239.96 18,676.53 18,878.19 30 16,938.43 19,186.66 19,103.01 18,899.87 19,069.72 19,250.93 18,842.72 18,870.41 31 17,123.06 18,552.57 18,945.82 LOW FOR THE MONTH 16,937.63 16,944.04 17,891.01 18,527.12 19,029.89 18,727.13 18,874.58 19,009.78 19,239.96 18,510.78 18,986.40 18,443.86 HIGH FOR THE MONTH 18,266.89 18,342.81 18,552.57 19,186.66 19,381.99 19,215.62 19,317.54 19,422.77 19,813.98 19,280.93 19,457.82 19,357.98 MONTHLY AVERAGE 17,890.12 17,751.76 18,186.42 18,896.60 19,230.20 18,995.81 19,112.11 19,211.62 19,498.07 18,838.31 19,194.18 18,869.02 ANNUAL AVERAGE 17,890.12 17,824.23 17,944.96 18,182.87 18,384.28 18,487.01 18,580.56 18,656.14 18,746.18 18,755.88 18,794.16 18,800.18 HIGHS FOR THE YEAR LOWS FOR THE YEAR 19,813.98 9/3/2014 16,937.63 1/29/2014 19,788.66 9/4/2014 16,944.04 2/3/2014 19,723.56 9/5/2014 17,891.01 3/14/2014 Note: Base 100 = December 30, 1980.
GENERAL STOCK PRICE INDEX NOMINAL VALUES, LAST DAY OF EACH MONTH MONTH 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 JAN 8,864.43 9,513.40 12,988.02 12,944.07 12,114.47 17,594.65 22,248.93 20,454.09 22,167.63 17,123.06 FEB 9,178.15 9,755.40 12,844.89 13,197.15 11,879.64 17,789.25 21,229.26 21,546.22 22,219.95 18,342.81 MAR 9,413.22 9,930.98 13,312.02 13,422.24 11,861.95 17,642.67 21,871.92 22,206.86 21,698.32 18,552.57 APR 9,263.71 10,005.85 14,240.93 13,982.91 12,772.35 18,039.09 22,784.53 21,925.87 21,084.60 19,186.66 MAY 9,199.45 9,922.55 14,309.57 14,235.28 14,684.06 18,130.71 22,929.02 20,802.59 20,681.45 19,103.01 JUN 9,521.44 9,895.07 15,118.35 14,647.96 14,767.83 18,848.07 22,642.40 21,079.75 19,861.10 18,899.87 JUL 9,975.23 9,928.29 14,840.29 14,340.19 15,288.54 20,296.63 21,166.36 20,447.87 18,438.04 18,945.82 AUG 9,757.51 10,297.86 14,760.55 13,775.73 15,072.59 21,239.70 20,463.27 20,176.31 17,993.73 19,422.77 SEP 10,073.32 10,678.19 14,602.10 12,967.40 15,878.29 22,355.94 18,796.89 20,551.46 18,833.77 19,250.93 OCT 9,786.64 11,069.48 15,345.84 11,786.27 15,653.09 22,874.62 20,711.29 20,910.93 19,242.04 18,842.72 NOV 9,430.58 11,705.40 14,522.13 11,486.70 15,373.00 22,927.69 20,074.19 20,323.85 18,599.86 19,457.82 DEC 9,206.10 12,373.68 14,076.25 11,324.07 16,630.91 22,979.22 20,129.80 21,070.28 18,227.05 18,870.41 ANNUAL AVER- AGE ANNUAL % CHANGE AVERAGE % CHANGE 9,438.51 10,256.61 14,126.11 13,038.39 14,207.36 19,821.11 21,233.01 20,885.35 19,993.47 18,800.18 2.72 34.41 13.76-19.55 46.86 38.17-12.40 4.67-13.49 3.53 19.77 8.67 37.73-7.70 8.97 39.51 7.12-1.64-4.27-5.97 NOMINAL VALUES, MONTHLY AVERAGE MONTH 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 JAN 8,749.00 9,381.58 12,629.68 12,812.82 11,858.40 17,328.13 23,008.24 20,317.99 21,797.52 17,890.12 FEB 8,972.15 9,574.72 13,438.24 13,190.14 12,344.98 17,640.69 21,504.81 21,181.39 22,237.68 17,751.76 MAR 9,324.45 9,832.49 13,219.53 13,140.35 11,305.68 17,651.10 21,264.86 21,781.02 21,903.58 18,186.42 APR 9,368.04 9,942.56 13,900.47 13,864.91 12,519.94 17,895.13 22,345.97 21,851.55 21,167.49 18,896.60 MAY 9,222.15 10,085.73 14,242.94 13,979.26 14,027.96 17,900.12 22,853.04 21,067.26 20,927.57 19,230.20 JUN 9,411.83 9,710.77 14,633.07 14,562.70 15,032.66 18,570.68 22,397.18 20,748.65 19,815.09 18,995.81 JUL 9,651.33 9,829.77 14,926.97 13,787.09 15,086.72 19,571.74 22,165.14 20,898.90 18,972.08 19,112.11 AUG 9,883.83 10,042.51 14,378.10 13,873.54 15,444.95 20,886.29 20,024.51 20,272.93 18,288.66 19,211.62 SEP 9,886.72 10,436.71 14,452.35 13,146.70 15,393.81 22,114.62 19,420.68 20,331.65 18,781.34 19,498.07 OCT 9,980.17 10,937.30 15,242.25 11,125.75 16,028.80 22,334.23 19,335.25 20,820.91 18,973.61 18,838.31 NOV 9,529.64 11,420.83 14,424.24 11,856.56 15,569.18 23,031.78 20,300.70 20,545.23 18,676.94 19,194.18 DEC 9,270.66 12,087.93 14,132.08 11,189.05 16,093.75 22,999.69 20,038.25 20,733.83 18,203.69 18,869.02 ANNUAL AVERAGE ANNUAL % CHANGE AVERAGE % CHANGE 9,438.51 10,256.61 14,126.11 13,038.39 14,207.36 19,821.11 21,233.01 20,885.35 19,993.47 18,800.18 3.33 30.39 16.91-20.83 43.83 42.91-12.88 3.47-12.20 3.65 19.77 8.67 37.73-7.70 8.97 39.51 7.12-1.64-4.27-5.97 Note: Base 1,000 = December 30, 1980.
MARKET CAPITALIZATION WEIGHTED INDICES 109 LARGE FREE-FLOAT ADJUSTED MARKET CAP (MMUS$) WEIGHT (%) MID FREE-FLOAT ADJUSTED MARKET CAP (MMUS$) CHILEAN PESO (%) SMALL FREE-FLOAT ADJUSTED MARKET CAP (MMUS$) CHILEAN PESO (%) AESGENER 1,333 2.74 AGUAS-A 1,771 11.88 ALMENDRAL 243 2.53 ANTARCHILE 1,447 2.97 ANDINA-B 681 4.57 AQUACHILE 255 2.66 BCI 2,271 4.66 BANMEDICA 632 4.24 BANVIDA 96 1.00 BSANTANDER 3,222 6.61 CAP 468 3.14 BESALCO 135 1.41 CCU 1,377 2.83 CFR 640 4.30 BUPACL 314 3.27 CENCOSUD 2,832 5.81 CGE 1,128 7.57 CONCHATORO 887 9.25 CHILE 2,379 4.88 COLBUN 2,390 16.03 CUPRUM 70 0.73 CMPC 2,685 5.51 ENTEL 1,109 7.44 ECL 750 7.82 COPEC 5,854 12.02 GASCO 686 4.60 EMBONOR-B 205 2.14 CORPBANCA 2,358 4.84 IAM 716 4.80 ENJOY 80 0.83 ENDESA 5,117 10.50 MINERA 508 3.41 FORUS 367 3.83 ENERSIS 6,682 13.72 MOLYMET 733 4.92 HABITAT 544 5.67 FALABELLA 3,049 6.26 PEHUENCHE 313 2.10 HITES 54 0.56 LAN 4,626 9.50 PROVIDA 903 6.06 IANSA 73 0.76 SM-CHILE B 1,388 2.85 QUINENCO 688 4.62 ILC 420 4.38 SQM-B 2,090 4.29 SK 410 2.75 INVERCAP 153 1.60 SONDA 1,129 7.58 INVEXANS 42 0.43 LAS CONDES 478 4.98 MASISA 80 0.83 MULTIFOODS 105 1.10 NORTEGRAN 95 0.99 NUEVAPOLAR 42 0.44 PARAUCO 1,029 10.73 PAZ 108 1.12 PILMAIQUEN 190 1.98 RIPLEY 454 4.74 SALFACORP 223 2.33 SECURITY 1,063 11.08 SMSAAM 493 5.14 SOCOVESA 120 1.25 TATTERSALL 15 0.15 TRICAHUE 83 0.87 VAPORES 326 3.40 TOTAL 48,710 TOTAL 14,906 TOTAL 9,592 Note: Figures expressed in millions of dollars using the observed dollar exchange recorded at the last day of 2014.
SECTOR INDICES 12/30/2014 BANKING MARKET CAP (MMUS$) FREE-FLOAT (%) FREE-FLOAT ADJUSTED MARKET CAP (MMUS$) CHILEAN PESO (%) BCI 5,582 40.69 2,271 20.11 BSANTANDER 9,816 32.82 3,222 28.53 CHILE 11,603 20.50 2,379 21.06 CORPBANCA 4,254 55.43 2,358 20.88 SECURITY 1,182 89.90 1,063 9.41 32,437 11,292 COMMODITIES MARKET CAP (MMUS$) FREE FLOAT (%) AJUSTED MARKET CAP (MMUS$) WEIGHT (%) CAP 681 68.68 468 4.21 CMPC 6,022 44.59 2,685 24.20 COPEC 14,942 39.18 5,854 52.75 SQM-B 3,074 68.00 2,090 18.84 24,719 11,097 CONST. & REAL ESTATE MARKET CAP (MMUS$) FREE FLOAT (%) AJUSTED MARKET CAP (MMUS$) WEIGHT (%) BESALCO 335 40.26 135 23.02 PAZ 181 59.66 108 18.37 SALFACORP 353 63.38 223 38.11 SOCOVESA 253 47.46 120 20.50 1,122 586 CONSUMER GOOD MARKET CAP (MMUS$) FREE FLOAT (%) AJUSTED MARKET CAP (MMUS$) WEIGHT (%) ANDINA-B 1,376 49.53 681 21.13 CCU 3,586 38.41 1,377 42.72 CONCHATORO 1,484 59.80 887 27.52 EMBONOR-B 416 49.38 205 6.37 IANSA 127 57.26 73 2.26 6,989 3,224 INDUSTRIAL MARKET CAP (MMUS$) FREE FLOAT (%) AJUSTED MARKET CAP (MMUS$) WEIGHT (%) CFR 2,356 27.19 640 8.71 INVEXANS 122 34.08 42 0.56 LAN 6,225 74.32 4,626 62.95 MASISA 242 33.00 80 1.09 MOLYMET 1,063 68.91 733 9.97 SK 1,730 23.70 410 5.58 SMSAAM 787 62.56 493 6.70 VAPORES 604 54.00 326 4.44 13,129 7,350 RETAIL MARKET CAP (MMUS$) FREE FLOAT (%) AJUSTED MARKET CAP (MMUS$) WEIGHT (%) CENCOSUD 7,135 39.69 2,832 36.18 FALABELLA 16,470 18.51 3,049 38.95 FORUS 1,081 33.96 367 4.69 HITES 140 38.55 54 0.69 NUEVAPOLAR 47 90.31 42 0.54 PARAUCO 1,390 74.03 1,029 13.15 RIPLEY 966 47.03 454 5.80 27,228 7,827 UTILITIES MARKET CAP (MMUS$) FREE FLOAT (%) AJUSTED MARKET CAP (MMUS$) WEIGHT (%) AESGENER 4,544 29.33 1,333 6.55 AGUAS-A 3,550 49.90 1,771 8.70 CGE 3,341 33.76 1,128 5.54 COLBUN 4,727 50.55 2,390 11.74 ECL 1,588 47.23 750 3.68 ENDESA 12,786 40.02 5,117 25.13 ENERSIS 16,697 40.02 6,682 32.82 GASCO 1,582 43.38 686 3.37 PEHUENCHE 4,254 7.35 313 1.54 PILMAIQUEN 250 76.06 190 0.93 53,318 20,359
STOCK RANKING 2014 111 SYMBOL TRADED (%) SYMBOL MARKET SYMBOL RETURN SYMBOL MARKET CAP (%) VOLUME PRESENCE (%) (MMUS$) (MMUS$) (%) 1 CHILE 2,399 8.85 1 AESGENER 100.00 1 SOQUICOM 87.59 1 FALABELLA 16,319 7.00 2 FALABELLA 2,164 7.98 2 AGUAS-A 100.00 2 CAMANCHACA 73.16 2 ENERSIS 16,065 6.89 3 LAN 1,993 7.35 3 BCI 100.00 3 CGE 71.41 3 COPEC 14,657 6.29 4 ENERSIS 1,823 6.72 4 BSANTANDER 100.00 4 SAN PEDRO 70.45 4 ENDESA 12,443 5.34 5 CENCOSUD 1,442 5.32 5 CAP 100.00 5 INDISA 46.60 5 CHILE 10,959 4.70 6 ENDESA 1,338 4.94 6 CCU 100.00 6 HABITAT 46.39 6 BSANTANDER 9,410 4.04 7 COPEC 1,333 4.92 7 CENCOSUD 100.00 7 CFR 44.07 7 CENCOSUD 7,202 3.09 8 BSANTANDER 1,284 4.74 8 CHILE 100.00 8 AQUACHILE 43.58 8 LAN 6,345 2.72 9 CORPBANCA 835 3.08 9 CMPC 100.00 9 PEHUENCHE 40.56 9 CMPC 6,251 2.68 10 CMPC 799 2.95 10 COLBUN 100.00 10 MULTIFOODS 39.42 10 ANTARCHILE 5,478 2.35 11 SQM-B 714 2.63 11 CONCHATORO 100.00 11 COLBUN 35.29 11 WMTCL 5,475 2.35 12 ENTEL 709 2.62 12 COPEC 100.00 12 ECL 34.95 12 BCI 5,359 2.30 13 AGUAS-A 592 2.18 13 CORPBANCA 100.00 13 AUSTRALIS 34.54 13 COLBUN 4,665 2.00 14 CAP 533 1.97 14 ENDESA 100.00 14 ENERSIS 31.19 14 AESGENER 4,461 1.91 15 CCU 526 1.94 15 ENERSIS 100.00 15 PAZ 28.75 15 CORPBANCA 4,084 1.75 16 COLBUN 518 1.91 16 ENTEL 100.00 16 SECURITY 27.36 16 PEHUENCHE 4,035 1.73 17 BCI 518 1.91 17 FALABELLA 100.00 17 PILMAIQUEN 24.95 17 SQM-A 3,762 1.61 18 SONDA 494 1.82 18 IAM 100.00 18 PARAUCO 24.39 18 QUINENCO 3,559 1.53 19 CFR 442 1.63 19 LAN 100.00 19 SK 22.96 19 CCU 3,492 1.50 20 ECL 401 1.48 20 SM-CHILE B 100.00 20 CONCHATORO 22.32 20 AGUAS-A 3,361 1.44 21 AESGENER 380 1.40 21 SONDA 100.00 21 ENDESA 21.03 21 MINERA 3,293 1.41 22 PARAUCO 375 1.38 22 SQM-B 100.00 22 CMPC 19.74 22 SM-CHILE B 3,256 1.40 23 CONCHATORO 350 1.29 23 ANDINA-B 99.44 23 AESGENER 17.61 23 CGE 3,204 1.37 24 CGE 345 1.27 24 ECL 99.44 24 SONDA 17.59 24 SQM-B 2,922 1.25 25 ANDINA-B 335 1.24 25 PARAUCO 99.44 25 SQM-B 15.97 25 CHILECTRA 2,785 1.20 26 SM-CHILE B 322 1.19 26 RIPLEY 98.89 26 BANVIDA 14.55 26 ENTEL 2,374 1.02 27 IAM 300 1.11 27 ILC 98.33 27 PROVIDA 13.96 27 CFR 2,356 1.01 28 AQUACHILE 256 0.94 28 HABITAT 97.78 28 IAM 12.30 28 CVA 2,134 0.92 29 FORUS 250 0.92 29 VAPORES 95.56 29 BANMEDICA 11.14 29 SONDA 2,070 0.89 30 ILC 208 0.77 30 SMSAAM 93.33 30 SCHWAGER 11.11 30 SANTANGRUP 2,064 0.89 31 RIPLEY 207 0.77 31 CGE 92.78 31 IANSA 10.66 31 PROVIDA 1,800 0.77 32 ANTARCHILE 187 0.69 32 FORUS 91.11 32 BUPACL 9.48 32 SK 1,664 0.71 33 HABITAT 174 0.64 33 SALFACORP 90.00 33 AGUAS-A 9.41 33 PARAUCO 1,565 0.67 34 ANDINA-A 134 0.49 34 ANTARCHILE 89.44 34 BCI 8.48 34 IAM 1,548 0.66 35 VAPORES 132 0.49 35 GASCO 88.89 35 CAMPOS 7.47 35 ECL 1,535 0.66 36 SMSAAM 131 0.48 36 EMBONOR-B 80.00 36 ANTARCHILE 5.83 36 HABITAT 1,499 0.64 37 EMBONOR-B 130 0.48 37 SK 80.00 37 GASCO 4.90 37 CONCHATORO 1,460 0.63 38 HF 118 0.44 38 BESALCO 76.67 38 ORO BLANCO 4.75 38 GASCO 1,438 0.62 39 BUPACL 108 0.40 39 NUEVAPOLAR 75.00 39 CORPBANCA 4.60 39 BANMEDICA 1,431 0.61 40 LAS CONDES 108 0.40 40 SECURITY 71.11 40 ILC 4.35 40 PASUR 1,379 0.59 41 SK 107 0.39 41 BANMEDICA 70,00 41 BSANTANDER 3.83 41 BBVACL 1,360 0.58 42 QUINENCO 99 0.36 42 AQUACHILE 68.33 42 SMSAAM 3.35 42 ENAEX 1,357 0.58 43 GASCO 97 0.36 43 BUPACL 68.33 43 QUINENCO 1.73 43 ANDINA-B 1,338 0.57 44 MINERA 90 0.33 44 IANSA 67.78 44 SM-CHILE B 1.69 44 BICECORP 1,331 0.57 45 SECURITY 88 0.32 45 CFR 66.67 45 SM-CHILE D 1.67 45 ILC 1,211 0.52 46 BANMEDICA 79 0.29 46 PAZ 64.44 46 MINERA 1.59 46 SECURITY 1,148 0.49 47 SALFACORP 77 0.29 47 QUINENCO 63.89 47 INVEXANS 1.34 47 ANDINA-A 1,147 0.49 48 BESALCO 70 0.26 48 MINERA 60.56 48 CRISTALES 0.93 48 MOLYMET 1,106 0.47 49 NUEVAPOLAR 59 0.22 49 MULTIFOODS 51.67 49 COPEC -0.81 49 CUPRUM 1,081 0.46 50 HITES 48 0.18 50 ANDINA-A 50.00 50 CHILE -0.85 50 ALMENDRAL 1,070 0.46 NOTES Returns ranking includes only stocks with market presence greater than or equal to 50% during 2014. Note: Figures expressed in millions of dollars using the observed dollar exchange recorded at the last day of 2014 MARKET PRESENCE: Number of days that the stock registered trades greater than or equal to 1,000 UF (Unidades de Fomento) during the last 180 trading days. This figure is expressed as a percentage. RETURN: The gain or loss on an investment in a stock in 2014, assuming that it is purchased at the beginning of the period and sold at the end, and considering rights issues, dividend reinvestments, capital distributions and price variations during the year. These returns become effective to the extent that the stock has sufficient market liquidity (presence) in order to be purchased and sold at the right time. MARKET CAPITALIZATION: Number of outstanding shares multiplied by the closing price on December 30, 2014.
SUMMARY OF REPOs TRANSACTIONS IN 2014 (1) NUMBER STOCK SHARES TRADED TRADED VOLUME (MMUS$) HIGH PRICE (CH$) (2) LOW PRICE (CH$): (2) AVERAGE PRICE (CH$): (2) 1 LAN 68,708,194 858 8,976.00 6,560.00 7,662.15 2 PARAUCO 350,088,928 614 1,222.00 930.00 1,053.35 3 ENERSIS 1,886,887,462 562 209.00 146.00 180.07 4 CORPBANCA 45,792,711,750 517 7.82 5.92 6.90 5 ENDESA 314,427,894 426 958.00 705.00 829.85 6 AESGENER 627,602,830 303 340.00 259.00 298.20 7 CHILE 2,080,431,796 247 77.00 66.50 71.94 8 COLBUN 993,756,030 239 166.01 118.00 142.72 9 PILMAIQUEN 51,326,018 217 3,200.00 2,290.80 2,661.25 10 CENCOSUD 73,578,166 207 2,004.00 1,422.00 1,724.03 11 SM-CHILE B 699,240,306 206 189.00 168.00 177.99 12 BCI 3,552,274 185 34,149.00 28,000.00 31,610.56 13 CMPC 81,290,224 177 1,557.00 1,130.00 1,326.69 14 SMSAAM 1,797,159,542 138 49.90 43.50 46.56 15 CAP 11,498,790 130 10,169.00 2,510.20 7,458.60 16 BSANTANDER 2,346,089,414 125 37.50 26.85 32.48 17 FALABELLA 14,951,186 112 5,154.00 3,980.00 4,549.41 18 ENTEL 9,424,736 104 7,550.00 5,986.90 6,745.72 19 SONDA 46,291,648 104 1,605.00 1,035.00 1,352.58 20 CFR 297,032,960 95 205.00 104.90 176.61 21 VAPORES 2,197,125,378 91 33.50 21.50 25.36 22 COPEC 7,405,418 87 7,753.00 6,300.00 7,177.85 23 CGE 13,844,844 79 4,762.00 2,171.10 2,874.41 24 CFIMBIARB 1,419,730 74 32,500.00 27,898.00 30,881.98 25 MULTIFOODS 361,059,212 73 137.78 81.17 118.65 26 ECL 53,259,308 67 958.00 640.00 775.29 27 ILC 5,259,144 65 8,420.00 6,450.00 7,401.66 28 RIPLEY 114,444,534 62 387.60 285.00 339.26 29 SOCOVESA 252,543,006 52 150.00 101.00 122.88 30 ANTARCHILE 4,047,992 50 8,160.00 6,900.00 7,453.69 31 HABITAT 30,043,780 43 993.98 694.00 801.77 32 SQM-B 1,561,672 39 18,768.00 12,950.00 15,811.25 33 LAS CONDES 562,844 39 43,700.00 37,900.00 41,342.56 34 PAZ 65,333,246 37 390.00 250.00 327.90 35 SECURITY 101,804,370 35 241.00 176.00 204.38 36 SALFACORP 43,777,290 34 545.70 414.74 474.14 37 BANMEDICA 18,627,364 30 1,160.00 867.30 961.03 38 MOLLER 57,211,842 28 351.90 265.00 305.67 39 QUINENCO 12,686,814 26 1,380.00 1,125.00 1,223.45 40 AGUAS-A 38,396,374 22 374.00 326.00 349.27 41 IANSA 680,626,374 22 22.90 16.50 19.92 42 IAM 13,611,554 20 960.00 847.00 910.08 43 CFIIMDLAT 184,100 17 63,031.00 54,974.00 57,623.90 44 CFIMBIGLOB 14,318 17 779,000.00 645,800.00 707,990.47 45 GASCO 2,162,834 16 5,814.00 3,590.00 4,842.00 46 CFIMRCLP 1,110,440 16 9,342.80 8,416.00 8,679.49 47 SK 10,520,332 16 1,010.00 750.00 882.37 48 CRUZBLANCA 19,411,342 15 500.00 455.00 479.32 49 ANDINA-B 3,796,812 13 2,338.00 1,747.00 2,048.16
113 NUMBER STOCK SHARES TRADED TRADED VOLUME (MMUS$) HIGH PRICE (CH$) (2) LOW PRICE (CH$): (2) AVERAGE PRICE (CH$): (2) 50 MASISA 284,980,336 12 34.00 18.42 26.16 51 NORTEGRAN 3,267,638,548 12 2.70 1.70 2.21 52 FORUS 2,840,786 11 2,800.00 2,220.00 2,442.11 53 ORO BLANCO 3,301,264,814 11 2.44 1.58 2.05 54 NUEVAPOLAR 148,269,934 10 73.00 23.01 45.80 55 CTC-A 11,034,316 10 611.89 433.00 528.59 56 CFIPIONERO 1,250,370 10 4,900.80 4,623.00 4,761.90 57 EMBONOR-B 5,456,036 9 1,135.00 900.00 1,005.71 58 ENAEX 710,516 7 6,700.00 5,250.00 5,907.91 59 CONCHATORO 2,933,180 6 1,223.00 965.00 1,125.66 60 CFIMSC 75,402 5 40,074.00 40,074.00 40,074.00 61 CCU 425,560 4 6,610.00 5,685.00 6,191.29 62 MINERA 149,662 4 16,493.00 15,800.00 16,129.48 63 CFIMLDL 69,214 4 34,035.00 33,501.00 33,768.00 64 CFIAURUSRI 98,046 3 22,500.00 19,000.00 20,271.79 65 BESALCO 4,683,344 3 571.00 341.00 447.13 66 AQUACHILE 5,263,008 3 395.00 256.14 346.08 67 BANVIDA 9,301,060 3 206.00 155.00 175.85 68 HITES 5,116,620 2 382.00 200.00 292.46 69 PEHUENCHE 330,564 2 3,937.20 3,045.00 3,569.11 70 CAMANCHACA 34,679,226 1 33.50 19.00 26.40 71 SOQUICOM 5,894,884 1 125.00 94.50 108.95 72 TECHPACK 53,097,244 1 300.00 2.31 208.81 73 CFINRENTAS 63,094 1 9,200.00 9,000.00 9,108.33 74 CFICELRI2 19,224 1 30,000.00 30,000.00 30,000.00 75 ALMENDRAL 9,446,308 1 57.60 45.50 51.50 76 ZOFRI 727,024 1 700.00 550.00 649.75 77 MADECO 143,190,932 1 3.90 2.40 3.41 78 PUCOBRE-A 116,182 1 3,125.00 2,800.00 3,008.20 79 CFMITNIPSA 102,128 1 3,133.20 3,078.10 3,105.65 80 INVEXANS 33,267,924 1 10.20 7.15 8.96 81 ENJOY 4,283,598 0.4 76.00 50.00 62.63 82 MOLYMET 18,546 0.2 8,199.00 6,210.40 6,873.27 83 INVERCAP 66,362 0.2 1,862.00 1,862.00 1,862.00 84 BUPACL 168,558 0.1 500.00 492.00 496.75 85 ANDINA-A 29,366 0.1 1,836.00 1,499.00 1,691.40 86 INDISA 16,350 0.1 2,774.40 2,774.40 2,774.40 87 SAN PEDRO 8,000,000 0.1 4.92 4.92 4.92 88 CEMENTOS 46,716 0.04 541.00 535.00 538.00 89 CAMPOS 1,036,918 0.04 24.28 23.53 23.91 90 INGEVEC 465,116 0.02 26.52 26.52 26.52 91 PROVIDA 3,478 0.02 3,680.00 3,120.00 3,401.67 92 AZUL AZUL 7,950 0.01 1,122.00 1,122.00 1,122.00 93 POLPAICO 1,242 0.01 4,850.00 4,850.00 4,850.00 TOTAL 6,893 (1) Considers repo transactions in equities and investment fund shares. (2) Determined based on prices of cash transactions.
SUMMARY OF SHORT SELLING TRANSACTIONS IN 2014 NUM- BER STOCK SHARES TRADED TRADED VOLUME (MMUS$) HIGH PRICE (CH$) LOW PRICE (CH$) AVERAGE PRICE (CH$) 1 CENCOSUD 32,477,886 92 1,974.50 1,419.10 1,696.41 2 LAN 5,268,715 69 8,820.00 6,516.20 7,911.79 3 FALABELLA 6,396,409 52 5,150.00 4,059.80 4,775.63 4 AGUAS-A 53,302,464 31 377.50 332.00 354.26 5 ENTEL 2,385,256 26 7,520.00 6,020.00 6,789.61 6 CMPC 9,669,293 21 1,550.10 1,155.00 1,315.01 7 ENERSIS 66,306,679 21 209.90 156.19 188.27 8 BSANTANDER 362,312,690 20 37.40 29.49 33.77 9 CCU 1,884,344 19 6,729.20 5,600.10 6,278.55 10 ENDESA 13,468,491 19 945.00 705.61 861.81 11 COPEC 1,347,272 16 7,680.00 6,470.50 7,209.58 12 CHILE 133,289,980 16 75.49 68.19 72.79 13 SQM-B 520,326 14 19,050.00 13,301.00 16,182.67 14 ANDINA-B 3,964,678 13 2,338.00 1,739.90 2,020.25 15 CAP 1,668,534 13 9,951.00 2,508.10 5,634.07 16 ECL 8,593,143 10 934.99 649.99 716.29 17 HABITAT 7,142,256 10 999.99 720.01 843.58 18 BCI 172,332 9 34,499.00 28,253.00 31,750.44 19 SM-CHILE B 28,124,823 8 186.49 169.50 178.87 20 CORPBANCA 660,199,947 8 7.80 6.25 7.21 21 COLBUN 20,676,356 5 166.96 116.51 152.73 22 SONDA 2,058,173 5 1,648.90 1,110.10 1,431.80 23 FORUS 1,117,730 5 2,770.10 2,219.90 2,518.41 24 RIPLEY 8,193,111 5 390.01 286.10 338.58 25 PARAUCO 2,145,164 4 1,244.90 925.00 1,055.59 26 AESGENER 6,548,340 3 340.01 282.61 312.33 27 CONCHATORO 1,484,078 3 1,200.00 1,015.10 1,146.61 28 ILC 170,988 2 8,606.00 6,701.00 7,819.60 29 IAM 1,048,314 2 960.99 859.99 915.06 30 SK 1,008,248 1 1,019.90 790.01 890.27 31 VAPORES 21,988,781 1 28.00 21.61 23.99 32 ANTARCHILE 43,547 1 8,020.70 7,334.90 7,919.56 33 CFR 2,792,324 1 125.00 110.01 122.22 34 CGE 96,018 0,5 4,630.10 2,211.00 2,925.43 35 BESALCO 429,651 0,4 560.01 414.61 487.33 36 SALFACORP 400,192 0,3 549.99 410.00 494.76 37 CRUZBLANCA 343,921 0,3 488.99 455.01 480.59 38 SMSAAM 1,352,757 0,1 49.51 46.03 47.95 TOTAL 525
GROWTH OF REPOS AND SHORT SALES TRADED VOLUME IN FOREIGN SECURITIES 115 YEAR REPOS TRANSACTIONS (MMUS$) (1) SHORT SALES (MMUS$) (2) YEAR FOREIGN SECURITIES (US$) ETFs (US$) TOTAL (US$) 2006 24,142,707-24,142,707 2000 964-2001 1,139-2002 1,099 16 2003 1,622 30 2004 2,288 14 2005 5,027 144 2006 4,349 340 2007 6,603 651 2008 6,508 786 2009 3,633 428 2007 10,643,811-10,643,811 2008 95,645-95,645 2009 1,285,714 288,987 1,574,701 2010 19,050,852 56,235,429 75,286,281 2011 5,199,384 48,497,911 53,697,295 2012 20,994,140 47,603,851 68,597,991 2013 20,389,750 117,848,184 138,237,934 2014 29,422,891 159,628,814 189,051,705 2010 5,900 1,059 2011 8,522 1,191 2012 6,241 1,040 2013 6,433 364 2014 6,893 525 (1) Considers repos transactions in equities and investment fund shares. (2) The years 2005, 2006, 2007 and 2008 consider short sales of equities and fixed-income instruments. MILA TRANSACTIONS IN CHILEAN STOCKS YEAR PERUVIAN BROKERS (US$) COLOMBIAN BROKERS (US$) MEXICAN BROKERS (US$) TOTAL (US$) 2011 4,383,802 3,419,588-7,803,390 2012 64,254,832 1,854,675-66,109,507 2013 112,278,542 102,939-112,381,481 2014 58,653,916 134,138 2,804 58,790,858 Note: Corresponds to purchases and sales of Chilean stocks by Peruvian, Colombian and Mexican brokers on the Santiago Stock Exchange as part of the Latin American Integrated Market - MILA. MILA TRANSACTIONS IN PERUVIAN, COLOMBIAN AND MEXICAN STOCKS YEAR PERUVIAN STOCKS (US$) COLOMBIAN STOCKS (US$) MEXICAN STOCKS (US$) TOTAL (US$) 2011 329,094 7,651,864-7,980,958 2012 6,328,619 5,453,314-11,781,933 2013 6,672,346 8,977,569-15,649,915 2014 2,999,872 742,505 1,905 3,744,282 Note: Corresponds to purchases and sales of Peruvian, Colombian and/or Mexican stocks by Chilean brokers on the Lima, Colombian and/or Mexican stock exchanges as part of the Latin American Integrated Market - MILA.
DAILY TRADED VOLUME IN FIXED INCOME MARKET FOR 2014 DAY JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER 1 961,473 897,237 734,765 946,022 934,058 732,129 2 590,299 941,040 599,884 577,238 740,238 1,295,234 1,059,071 698,193 3 837,556 593,640 476,434 811,937 801,913 684,253 1,161,369 865,040 675,386 748,181 4 689,980 765,997 768,571 992,585 542,942 829,600 994,014 883,396 1,034,908 5 617,953 943,263 843,701 869,902 1,066,209 1,562,514 740,166 575,184 6 915,596 421,365 1,031,393 894,862 788,146 1,073,748 1,007,706 953,002 7 893,949 842,601 803,995 688,562 948,685 497,232 1,028,611 1,417,248 876,033 8 709,041 882,302 1,179,282 981,604 709,980 1,237,147 744,502 9 758,533 1,141,948 940,229 765,926 926,360 1,275,675 967,578 907,178 10 870,958 397,894 862,504 1,068,000 1,056,064 1,076,699 1,566,367 971,011 466,079 967,462 11 611,977 742,510 868,399 1,054,851 795,542 938,580 1,156,831 737,408 1,011,792 12 668,242 1,020,136 809,341 769,625 940,168 1,522,571 612,705 974,886 13 584,587 648,502 877,275 859,832 543,512 1,097,425 834,773 616,231 14 857,870 505,040 1,084,115 685,035 762,610 825,315 828,992 1,158,473 635,289 15 670,495 807,378 822,755 899,647 953,177 911,038 611,802 16 779,717 822,916 854,021 524,861 739,303 957,471 1,107,994 17 714,723 400,351 743,351 593,301 995,481 846,044 441,936 728,725 598,171 889,532 18 564,890 868,439 744,331 567,491 806,906 808,020 1,078,519 19 603,963 1,004,027 558,493 741,075 1,086,442 734,745 747,838 20 598,072 870,772 800,006 1,179,283 639,554 1,203,246 539,386 1,195,908 21 815,414 660,246 729,304 613,938 730,147 899,021 749,664 695,288 22 597,688 760,834 734,155 834,706 1,003,634 631,694 787,579 871,553 23 753,301 796,615 824,558 350,878 857,355 801,996 758,552 828,128 24 832,322 520,304 674,260 768,735 613,028 846,143 794,047 869,677 577,498 708,798 25 751,155 802,736 716,994 787,762 757,600 609,436 767,595 812,840 26 789,477 839,746 737,594 891,664 1,062,987 1,001,202 884,041 544,092 27 538,323 852,600 689,740 906,527 693,253 866,828 655,995 999,299 28 733,028 440,024 676,938 888,811 1,153,850 647,112 1,207,422 880,049 774,121 29 629,579 1,081,852 922,243 1,009,838 885,258 935,828 710,534 651,252 30 598,947 758,466 1,004,742 497,983 1,002,273 1,246,705 823,590 967,074 31 737,716 638,505 954,773 LOWEST TRADING VOLUMEN FOR THE MONTH 538,323 397,894 476,434 593,301 558,493 350,878 497,232 609,436 441,936 539,386 466,079 544,092 HIGHEST TRADING VOLUMEN FOR THE MONTH 915,596 870,772 1,084,115 1,141,948 1,179,283 1,056,064 1,076,699 1,207,422 1,566,367 1,417,248 1,195,908 1,107,994 DAILY AVERAGE FOR THE MONTH 728,078 622,549 813,080 829,862 876,832 747,602 814,571 943,963 1,051,561 878,715 763,781 832,825 DAILY AVERAGE FOR THE YEAR 728,078 16,314,167 28,739,719 45,750,833 63,139,095 80,632,718 96,328,662 114,240,357 133,119,033 154,130,292 173,436,223 188,712,036 MONTHLY TOTAL 16,017,715 12,450,978 17,074,674 17,427,107 17,536,647 15,699,632 17,920,554 18,879,259 21,031,229 19,331,721 15,275,626 16,656,494 ACCUMULATED ANNUAL TOTAL 16,017,715 28,468,692 45,543,367 62,970,474 80,507,121 96,206,754 114,127,307 133,006,566 154,037,795 173,369,517 188,645,142 205,301,637 HIGHEST TRADED VOLUMES LOWEST TRADED VOLUMES 09/10/2014 1,566,367 06/23/2014 350,878 09/05/2014 1,562,514 02/10/2014 397,894 09/12/2014 1,522,571 02/17/2014 400,351 Note: Figures expressed in thousands of dollars using the observed dollar exchange recorded at the last day of 2014.
ANNUAL REAL AVERAGE INTERNAL RATE OF RETURN (TIR) BY TYPE OF INSTRUMENT 117 FOR 2014 (PERCENTAGE) INSTRUMENTS JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC ANNUAL AVERAGE MORTGAGE BONDS 3.45 3.57 3.58 3.12 3.29 3.41 3.33 3.01 3.59 3.38 3.11 3.57 3.41 CORPORATE AND BANK BONDS 3.78 3.56 3.20 3.56 3.19 2.97 3.10 2.69 2.65 3.05 3.10 3.20 3.14 CENTRAL BANK AND TREASURY BONDS 2.87 2.65 2.58 2.59 2.56 2.75 2.78 2.27 2.24 2.45 2.43 2.55 2.54 MONTHLY AVERAGE IN 2014 3.16 2.96 2.79 2.98 2.77 2.86 2.89 2.42 2.38 2.66 2.71 2.78 2.76 MONTHLY AVERAGE IN 2013 3.93 3.71 3.85 4.08 4.06 3.73 3.56 3.65 3.48 3.69 3.67 3.21 3.72 MONTHLY AVERAGE IN 2012 3.41 3.40 3.47 3.63 3.73 3.76 3.82 3.49 3.43 3.43 3.37 3.69 3.57 MONTHLY AVERAGE IN 2011 3.78 3.42 3.41 3.48 3.46 3.68 3.74 3.76 3.45 3.39 3.62 3.65 3.57 MONTHLY AVERAGE IN 2010 3.04 2.59 2.21 2.64 3.32 3.12 3.31 3.08 3.37 3.51 3.54 3.67 3.11 MONTHLY AVERAGE IN 2009 4.34 3.34 3.07 3.18 3.22 3.47 3.18 3.27 2.88 2.97 3.41 3.66 3.32 MONTHLY AVERAGE IN 2008 3.61 3.57 3.00 3.16 3.84 3.84 3.86 4.27 3.80 4.12 4.35 4.70 3.88 MONTHLY AVERAGE IN 2007 3.68 3.34 3.22 3.03 3.61 3.73 3.37 3.64 3.57 3.72 3.82 3.72 3.55 MONTHLY AVERAGE IN 2006 4.01 3.65 3.80 3.58 3.88 3.94 3.92 3.89 4.11 4.41 3.84 3.55 3.90 MONTHLY AVERAGE IN 2005 3.61 3.21 3.36 3.05 3.20 3.24 3.22 2.94 3.19 3.50 4.15 4.37 3.42 MONTHLY AVERAGE IN 2004 3.65 3.30 3.34 3.45 3.20 3.54 3.17 2.89 3.19 3.18 3.42 3.67 3.31 MONTHLY AVERAGE IN 2003 4.09 3.97 3.95 4.05 4.31 4.29 4.12 4.15 3.99 4.31 3.98 4.45 4.16 MONTHLY AVERAGE IN 2002 5.20 5.11 5.01 5.07 4.89 5.09 4.83 4.18 3.56 3.98 4.11 4.41 4.60 MONTHLY AVERAGE IN 2001 6.10 5.78 5.89 5.88 5.90 5.91 5.89 6.16 5.81 5.55 5.64 5.59 5.82 MONTHLY AVERAGE IN 2000 7.23 7.30 7.36 7.32 7.30 7.04 6.79 6.87 6.66 6.53 6.65 6.68 6.93 MONTHLY AVERAGE IN 1999 7.57 7.32 7.20 7.30 7.01 6.67 6.96 7.10 6.96 7.14 7.59 7.30 7.16 MONTHLY AVERAGE IN 1998 7.46 7.53 7.35 7.34 7.45 7.65 8.04 8.47 10.22 8.72 7.95 7.64 7.92 MONTHLY AVERAGE IN 1997 6.41 6.51 6.49 6.50 6.62 6.59 6.65 6.78 6.85 7.00 7.00 7.06 6.71 MONTHLY AVERAGE IN 1996 6.62 6.63 6.71 6.83 6.75 6.68 6.53 6.50 6.54 6.39 6.43 6.41 6.57 MONTHLY AVERAGE IN 1995 6.15 6.29 6.42 6.53 6.43 6.20 5.92 6.11 6.32 6.58 6.88 6.90 6.38
ANNUAL REAL AVERAGE INTERNAL RATE OF RETURN (TIR), BY YEARS TO MATURITY FOR 2014 (PERCENTAGE) MONTH 0.0-2.0 2.1-5.0 5.1-8.0 8.1-10.0 10.1-12.0 12.1-15.0 15.1 and Beyond AVERAGE JANUARY 2.77 3.10 3.22 3.42 3.07 3.60 3.54 3.16 FEBRUARY 2.18 2.98 3.19 3.10 3.04 3.60 3.60 2.96 MARCH 1.86 2.63 3.22 3.25 3.14 3.79 3.43 2.79 APRIL 1.86 2.86 3.22 3.19 3.17 3.57 3.42 2.98 MAY 1.71 2.51 3.26 3.19 2.96 3.46 3.19 2.77 JUNE 1.94 2.75 3.13 2.94 2.82 3.17 3.26 2.86 AVERAGE FIRST HALF OF YEAR 2.04 2.79 3.20 3.15 3.01 3.54 3.38 2.91 JULY 2.62 2.47 3.21 3.06 2.79 2.96 3.31 2.89 AUGUST 1.69 2.21 2.59 2.95 2.38 2.46 2.97 2.42 SEPTEMBER 1.17 2.05 2.65 2.80 2.40 2.77 3.00 2.38 OCTOBER 1.23 2.65 3.04 2.92 2.86 3.08 2.87 2.66 NOVEMBER 1.75 2.47 2.78 3.31 3.14 3.30 3.10 2.71 DECEMBER 2.94 2.33 2.96 3.09 2.90 2.44 3.00 2.78 AVERAGE SECOND HALF OF YEAR 1.83 2.36 2.85 3.00 2.66 2.76 3.06 2.62 ANNUAL AVERAGE 2014 1.94 2.58 3.01 3.06 2.86 3.15 3.20 2.76 ANNUAL AVERAGE 2013 3.85 3.70 3.68 3.79 3.40 3.66 3.73 3.72 ANNUAL AVERAGE 2012 3.73 3.46 3.74 3.44 3.67 3.73 3.75 3.57 ANNUAL AVERAGE 2011 3.03 3.45 3.83 3.90 3.57 3.79 3.74 3.57 ANNUAL AVERAGE 2010 1.81 2.78 3.71 3.57 3.42 3.67 3.77 3.11 ANNUAL AVERAGE 2009 1.70 2.94 4.33 3.86 3.91 3.44 4.06 3.32 ANNUAL AVERAGE 2008 3.58 3.76 4.01 4.33 4.27 3.42 3.92 3.88 ANNUAL AVERAGE 2007 3.11 3.48 4.10 3.72 3.50 3.60 3.52 3.55 ANNUAL AVERAGE 2006 3.95 3.82 3.67 4.23 4.02 3.90 3.94 3.90 ANNUAL AVERAGE 2005 3.34 3.13 3.05 3.84 3.73 3.87 3.66 3.52 ANNUAL AVERAGE 2004 2.65 2.91 2.88 3.39 4.06 4.28 4.40 3.51 ANNUAL AVERAGE 2003 3.36 3.98 3.78 3.88 4.83 5.13 5.20 4.31 ANNUAL AVERAGE 2002 3.35 4.54 4.35 4.18 5.53 5.49 4.99 4.63 ANNUAL AVERAGE 2001 4.54 5.58 5.72 5.52 6.23 6.10 6.41 5.73 ANNUAL AVERAGE 2000 6.32 6.64 6.92 6.79 7.16 6.98 7.24 6.86 ANNUAL AVERAGE 1999 6.79 6.82 7.09 7.30 7.43 7.16 7.38 7.14 ANNUAL AVERAGE 1998 9.88 8.42 7.71 7.82 8.11 7.96 7.76 8.24 ANNUAL AVERAGE 1997 6.82 6.76 6.67 6.59 6.83 6.77 6.71 6.74 ANNUAL AVERAGE 1996 6.82 6.73 6.45 6.44 6.72 6.60 6.59 6.62 ANNUAL AVERAGE 1995 6.35 6.44 6.34 6.30 6.49 6.36 6.38 6.38
119 ANNUAL REAL AVERAGE INTERNAL RATE OF RETURN (TIR), DAILY VALUES FOR 2014 (PERCENTAGE) DAY JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER 1 3.46 2.66 2.93 2.14 2.34 2.97 2 3.18 2.97 2.96 2.67 2.83 2.17 2.64 2.15 3 2.56 3.17 2.91 2.72 2.73 2.86 1.89 2.98 2.71 3.20 4 2.94 2.68 2.77 2.91 3.08 2.65 2.31 2.39 3.06 5 2.89 3.02 2.76 2.73 2.48 2.23 2.61 2.86 6 2.67 2.79 2.51 3.36 2.95 2.64 2.23 2.64 7 3.04 3.07 2.64 2.75 3.47 2.73 2.31 2.79 2.47 8 2.99 2.56 2.53 2.82 2.70 2.54 2.98 9 3.04 2.84 2.63 2.48 3.07 2.25 2.92 2.53 10 3.53 3.52 2.93 3.07 2.90 3.16 2.38 2.41 2.66 2.66 11 3.44 2.69 3.01 2.71 2.73 2.61 2.50 2.68 3.04 12 3.16 2.55 2.64 2.70 2.28 2.86 2.72 3.00 13 3.39 2.88 2.39 3.38 3.29 2.08 2.24 3.04 14 2.55 2.94 2.65 3.14 3.03 2.61 2.34 2.55 2.33 15 3.01 2.93 3.13 2.88 2.61 2.72 3.34 16 3.26 3.07 2.42 2.56 2.98 2.94 2.69 17 3.42 2.84 2.72 3.26 2.53 3.02 2.38 2.92 3.21 3.14 18 2.60 2.42 2.58 3.23 2.26 2.76 2.99 19 3.42 3.18 2.79 3.27 2.54 3.20 3.04 20 3.26 2.91 3.18 2.65 2.72 1.97 2.48 2.08 21 3.24 2.70 2.62 3.20 2.94 2.41 2.70 2.92 22 3.45 2.65 2.59 3.11 2.41 2.02 2.90 2.66 23 3.78 3.27 2.67 3.89 2.54 2.30 2.59 2.16 24 3.50 3.01 2.79 2.84 2.68 2.76 2.43 2.55 2.64 2.33 25 2.86 2.74 2.60 3.10 2.97 2.38 2.52 2.96 26 2.53 3.62 2.51 3.38 2.49 2.04 3.14 2.74 27 2.75 3.16 2.68 2.75 3.06 2.56 3.01 2.97 28 2.98 2.62 2.88 3.09 2.49 2.69 2.28 2.66 2.56 29 3.10 3.26 2.59 3.22 2.74 2.52 2.85 2.64 30 4.03 2.64 2.52 3.59 3.09 2.48 2.30 2.26 31 2.87 2.71 2.46 LOW FOR THE MONTH 2.55 2.53 2.39 2.56 2.42 2.48 2.46 1.97 1.89 2.23 2.08 2.15 HIGH FOR THE MONTH 4.03 3.52 3.62 3.46 3.47 3.89 3.23 2.93 2.98 3.01 3.21 3.34 MONTHLY AVERAGE 3.16 2.96 2.79 2.98 2.77 2.86 2.89 2.42 2.38 2.66 2.71 2.78 ANNUAL AVERAGE: 3.16 3.07 2.98 2.97 2.94 2.94 2.93 2.87 2.82 2.80 2.80 2.79 HIGHEST TIR RECORDED: LOWEST TIR RECORDED: 4.03 1/30/2014 1.89 9/3/2014 3.89 6/23/2014 1.97 8/20/2014 3.78 1/23/2014 2.02 9/22/2014
SUMMARY OF MONEY MARKET TRANSACTIONS FOR 2014 TERM IN DAYS INSTRUMENTS NUMBER OF TRANSACTIONS TRADED VOLUME (MUS$) HIGH AVERAGE LOW AVERAGE INTEREST RATE (%) NON-INDEXED NOTES 645,249 362,625,975 1,262 69 1 0.31 INDEXED NOTES 151,574 101,479,654 7,333 283 1 1.53 TOTAL 796,823 464,105,629 NON-INDEXED NOTES TERM IN DAYS MONTH NUMBER OF TRANSAC- TIONS TRADED VOLUME (MUS$) HIGH AVERAGE LOW AVERAGE 30-DAY INTEREST RATE (%) JAN 53,587 29,048,086 985 73 1 0.37 FEB 43,388 26,243,361 965 72 1 0.36 MAR 51,364 30,911,791 1,262 64 1 0.34 APR 51,858 32,019,640 1,022 70 1 0.30 MAY 52,072 31,874,456 918 68 1 0.33 JUN 53,641 30,111,274 1,226 61 1 0.34 JUL 57,324 32,541,402 1,041 75 1 0.33 AUG 53,569 28,883,842 897 69 1 0.29 SEP 56,712 30,037,906 1,068 75 1 0.28 OCT 60,134 29,639,198 1,082 69 1 0.28 NOV 53,565 29,635,160 1,043 73 1 0.27 DEC 58,035 31,679,860 1,107 65 1 0.27 TOTAL 645,249 362,617,297 1,262 69 1 0.31 INDEXED NOTES TERM IN DAYS MONTH NUMBER OF TRANSACTIONS TRADED VOLUME (MUS$) HIGH AVERAGE LOW REAL ANNUAL AVERAGE INTEREST RATE (%) JAN 15,588 9,847,037 5,430 250 1 1.92 FEB 10,159 8,679,488 5,803 276 1 1.92 MAR 12,905 9,939,373 1,800 346 1 1.46 APR 10,307 6,642,161 1,779 297 1 1.12 MAY 10,886 8,339,089 3,213 472 1 1.27 JUN 12,087 7,900,018 5,843 234 1 1.43 JUL 12,542 7,107,489 5,427 247 1 1.85 AUG 13,630 9,069,815 5,850 273 1 1.30 SEP 13,525 8,000,592 3,009 265 1 0.42 OCT 14,966 10,472,878 2,987 296 1 0.94 NOV 11,359 7,820,489 1,469 271 1 1.57 DEC 13,620 7,661,226 7,333 169 1 3.19 TOTAL 151,574 101,474,288 7,333 283 1 1.53 Note: Figures expressed in thousands of dollars using the observed dollar exchange recorded at the last day of 2014
SUMMARY OF MONEY MARKET TRANSACTIONS (1995-2014) 121 NON-INDEXED NOTES YEAR TRADED VOLUME (MMUS$) AVERAGE 30-DAY INTEREST RATE (%) 1995 27,389 1.01 1996 36,173 1.02 1997 50,278 0.88 1998 102,306 0.98 1999 53,198 0.58 2000 50,528 0.54 2001 81,801 0.51 2002 119,571 0.30 2003 99,318 0.22 2004 90,735 0.17 2005 130,921 0.34 2006 172,068 0.43 2007 211,159 0.48 2008 241,555 0.62 2009 246,797 0.17 2010 257,412 0.15 2011 322,502 0.43 2012 327,425 0.46 2013 369,682 0.42 2014 362,626 0.31 INDEXED NOTES YEAR TRADED VOLUME (MMUS$) REAL ANNUAL AVERAGE INTEREST RATE (%) 1995 52,333 5.45 1996 107,630 6.41 1997 125,053 5.86 1998 149,461 8.99 1999 130,340 5.13 2000 135,136 4.50 2001 116,329 4.00 2002 66,695 2.72 2003 39,310 2.78 2004 32,555 1.52 2005 59,296 1.66 2006 70,217 3.91 2007 77,328 3.00 2008 78,218 3.37 2009 95,198 4.10 2010 123,039 1.76 2011 87,096 2.48 2012 110,722 3.64 2013 111,434 2.93 2014 101,480 1.53 Note: Figures expressed in thousands of dollars using the observed dollar exchange recorded at the last day of 2014
DAILY TRADED VOLUME IN MONEY MARKET FOR 2014 DAY JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER 1 1,919,657 2,191,037 1,701,260 1,982,570 2,024,869 1,962,298 2 1,725,734 1,816,518 1,380,829 2,093,480 1,841,290 1,929,452 2,037,238 2,019,878 3 1,727,253 1,964,375 1,637,815 1,308,610 2,166,345 1,713,927 1,815,662 2,105,637 1,700,050 2,087,186 4 1,732,188 1,651,093 1,756,312 1,857,330 1,772,449 1,931,316 2,044,298 1,807,592 2,391,046 5 1,481,629 1,946,586 1,220,739 1,873,711 1,767,636 1,807,018 1,861,929 1,995,159 6 1,946,636 1,779,498 1,754,474 1,860,492 1,763,193 1,773,574 1,799,414 1,872,538 7 1,761,878 1,716,942 1,815,353 1,299,332 1,812,871 1,623,996 1,886,575 1,773,565 2,003,664 8 1,498,197 1,811,988 2,031,865 1,816,400 1,926,009 1,873,305 1,898,598 9 1,831,422 1,844,733 2,360,471 1,840,249 1,455,800 2,190,542 2,312,205 1,862,506 10 1,705,991 1,455,303 1,835,426 1,853,984 1,846,268 1,954,009 2,159,104 2,070,507 1,848,647 2,082,239 11 1,425,855 1,963,972 2,035,422 1,761,502 2,093,347 2,009,093 1,965,177 1,598,526 1,978,495 12 1,443,445 2,237,408 2,265,593 1,715,983 1,738,196 1,957,731 1,833,030 2,017,703 13 1,765,572 1,852,526 2,176,653 1,862,050 1,694,777 2,387,294 1,990,089 1,872,705 14 1,852,326 2,170,267 2,068,196 1,934,199 2,374,037 1,637,313 2,156,814 1,872,859 1,668,883 15 1,860,879 1,775,616 2,250,208 1,781,044 2,046,699 1,725,348 1,905,093 16 1,621,895 1,780,453 2,044,251 1,669,347 2,011,229 1,497,496 1,838,822 17 1,837,637 1,776,681 2,015,040 2,008,837 1,826,489 2,328,119 1,485,971 1,775,604 1,486,208 2,084,854 18 1,647,373 1,697,561 1,529,569 1,939,004 2,022,101 1,993,489 1,631,722 19 1,803,962 1,613,077 1,983,756 1,691,979 1,791,243 2,122,272 2,539,879 20 1,521,008 1,863,058 1,566,988 2,057,772 1,669,961 1,561,799 1,666,156 2,176,059 21 1,455,217 1,771,345 1,848,427 1,854,670 1,571,682 1,743,502 1,831,547 2,155,536 22 1,529,434 1,414,168 2,079,118 1,592,590 1,856,333 1,409,476 1,815,166 1,930,530 23 1,655,117 1,863,610 2,255,308 1,519,344 1,357,413 1,728,207 1,820,846 2,072,595 24 1,688,755 1,489,071 1,781,606 1,963,411 1,758,464 1,768,352 1,585,485 1,387,959 1,579,481 1,968,358 25 1,776,362 1,923,293 1,923,641 1,629,843 1,755,084 1,845,630 1,770,528 1,832,499 26 1,342,493 2,019,738 1,628,807 1,775,331 1,908,853 1,910,482 2,316,743 1,473,599 27 1,495,601 1,474,194 2,136,061 1,886,619 1,942,906 1,746,256 1,656,391 2,101,170 28 1,498,407 1,613,095 2,108,432 1,631,796 1,674,560 1,504,083 1,538,358 1,602,946 1,775,054 29 1,489,651 1,867,122 2,280,285 1,692,272 2,100,923 2,048,270 1,802,083 1,389,934 30 1,959,942 2,091,585 2,076,798 1,603,402 1,635,355 2,090,423 1,806,646 2,109,189 31 1,791,661 1,825,654 1,923,264 LOWEST TRADING VOLUMEN FOR THE MONTH 1,455,217 1,342,493 1,566,988 1,299,332 1,220,739 1,519,344 1,357,413 1,538,358 1,409,476 1,387,959 1,486,208 1,389,934 HIGHEST TRADING VOLUMEN FOR THE MONTH 1,959,942 2,170,267 2,237,408 2,091,585 2,374,037 2,166,345 2,328,119 2,387,294 2,190,542 2,312,205 2,316,743 2,539,879 DAILY AVERAGE FOR THE MONTH 1,691,828 1,678,983 1,886,803 1,797,889 1,969,321 1,772,832 1,770,356 1,869,638 1,890,581 1,830,599 1,880,304 1,967,054 DAILY AVERAGE FOR THE YEAR 1,691,828 38,019,729 71,428,810 110,872,203 148,557,111 187,862,661 225,059,249 263,966,036 301,337,094 339,139,216 379,383,908 416,983,760 MONTHLY TOTAL 37,220,214 33,579,662 39,622,855 37,755,665 39,386,430 37,229,472 38,947,829 37,392,766 37,811,629 40,273,168 37,606,074 39,341,086 ACCUMULATED ANNUAL TOTAL 37,220,214 70,799,876 110,422,730 148,178,395 187,564,825 224,794,298 263,742,127 301,134,893 338,946,521 379,219,690 416,825,764 456,166,850 HIGHEST TRADED VOLUMES LOWEST TRADED VOLUMES 12/19/2014 2,539,879 05/05/2014 1,220,739 12/04/2014 2,391,046 4/07/2014 1,299,332 08/13/2014 2,387,294 04/03/2014 1,308,610 Note: Figures expressed in thousands of dollars using the observed dollar exchange recorded at the last day of 2014.
ISSUERS LISTED AS OF 12/30/2014 123 EQUITY MARKET 230 ISSUERS 1 Administradora de Fondos de Pensiones Capital S.A. 2 Administradora de Fondos de Pensiones Cuprum S.A. 3 Administradora de Fondos de Pensiones Habitat S.A. 4 Administradora de Fondos de Pensiones Planvital S.A. 5 Administradora de Fondos de Pensiones Provida S.A. 6 AES Gener S.A. 7 Agencias Universales S.A. 8 Agrícola Nacional S.A.C. e I. 9 Aguas Andinas S.A. 10 Almendral S.A. 11 Andacor S.A. 12 AntarChile S.A. 13 Aseguradora Magallanes de Garantía y Crédito 14 Aguas Magallanes S.A. 15 Australis Seafoods S.A. 16 Automovilismo y Turismo S.A. 17 AXXION S.A. 18 Azul Azul S.A. 19 Banco Bilbao Vizcaya Argentaria, Chile 20 Banco de Chile 21 Banco de Crédito e Inversiones 22 Banco Santander-Chile 23 Banmédica S.A. 24 Banvida S.A. 25 Besalco S.A. 26 Betlan Dos S.A. 27 Bicecorp S.A. 28 Blanco y Negro S.A. 29 Blumar S.A. 30 Bolsa de Comercio de Santiago, Bolsa de Valores 31 Bolsa de Corredores-Bolsa de Valores 32 British American Tobacco Chile Operaciones S.A. 33 Bupa Chile S.A. 34 Campos Deportivos Craighouse S.A. 35 Cap S.A. 36 Carbonífera Victoria de Lebu S.A. 37 Carozzi S.A. 38 Casablanca Generación S.A. 39 CEM S.A. 40 Cemento Polpaico S.A. 41 Cementos Bío Bío S.A. 42 Cencosud S.A. 43 CFR Pharmaceuticals S.A. 44 CGE Distribución S.A. 45 Chilectra S.A. 46 Chilena Consolidada Seguros Generales S.A. 47 Cintac S.A. 48 Clínica Las Condes S.A. 49 Club de Polo y Equitación San Cristóbal S.A. 50 Club Español de Valparaíso (Chile) S.A. 51 Club Hípico de Santiago S.A. 52 Coca Cola Embonor S.A. 53 Colbún S.A. 54 Colegio Británico Saint Margaret s S.A. 55 Colegio Craighouse S.A. 56 Colegio Inglés Católico de La Serena S.A. 57 Colegio La Maisonnette S.A. 58 Compañía Agropecuaria Copeval S.A. 59 Compañía Cervecerías Unidas S.A. 60 Compañía Chilena de Fósforos S.A. 61 Compañía Chilena de Navegación Interoceánica S.A. 62 Compañía de Inversiones La Española S.A. 63 Compañía Eléctrica del Litoral S.A. 64 Compañía Electro Metalúrgica S.A. 65 Compañía General de Electricidad S.A. 66 Compañía Industrial El Volcán S.A. 67 Compañía Nacional de Teléfonos, Telefónica del Sur S.A. 68 Compañía Pesquera Camanchaca S.A. 69 Compañía Sudamericana de Vapores S.A. 70 Compañías CIC S.A. 71 Corpbanca 72 Corpesca S.A. 73 Costa Verde Aeronáutica S.A. 74 Cristalerías de Chile S.A. 75 Cruzados S.A.D.P. 76 CTI S.A. 77 Detroit Chile S.A. 78 Duncan Fox S.A. 79 E.CL S.A. 80 Echeverría Izquierdo S.A. 81 Eléctrica Puntilla S.A. 82 Embotelladora Andina S.A. 83 Empresa Constructora Moller y Pérez-Cotapos S.A. 84 Empresa de Servicios Sanitarios de Los Lagos S.A. 85 Empresa Eléctrica de Antofagasta S.A. 86 Empresa Eléctrica de Arica S.A. 87 Empresa Eléctrica de Iquique S.A. 88 Empresa Eléctrica de Magallanes S.A. 89 Empresa Eléctrica Pehuenche S.A. 90 Empresa Eléctrica Pilmaiquén S.A. 91 Empresa Nacional de Electricidad S.A. 92 Empresa Nacional de Telecomunicaciones S.A. 93 Empresa Nacional del Carbón S.A. 94 Empresa Pesquera Eperva S.A. 95 Empresas Aquachile S.A. 96 Empresas Cabo de Hornos S.A.
97 Empresas CMPC S.A. 98 Empresas Copec S.A. 99 Empresas Hites S.A. 100 Empresas Iansa S.A. 101 Empresas La Polar S.A. 102 Empresas Tattersall S.A. 103 Enaex S.A. 104 Energía de Casablanca S.A. 105 Energía Latina S.A. 106 Enersis S.A. 107 Enjoy S.A. 108 Envases del Pacífico S.A. 109 Essbío S.A. 110 Esval S.A. 111 Farmacias Ahumada S.A. 112 Feria de Osorno S.A. 113 Ferrocarril del Pacífico S.A. 114 Forestal Cholguán S.A. 115 Forestal, Constructora y Comercial del Pacífico Sur S.A. 116 Forus S.A. 117 Frutícola Viconto S.A. 118 Gasco S.A. 119 Granadilla Country Club S.A. 120 Grupo Empresas Navieras S.A. 121 Grupo Security S.A. 122 Hipermarc S.A. 123 Hortifrut S.A. 124 Indiver S.A. 125 Infodema S.A. 126 Ingevec S.A. 127 Inmobiliaria Central de Estacionamientos Agustinas S.A. 128 Inmobiliaria Club de Campo S.A. 129 Inmobiliaria Craighouse S.A. 130 Inmobiliaria de Deportes La Dehesa S.A. 131 Inmobiliaria España de Valdivia S.A. 132 Inmobiliaria San Patricio S.A. 133 Inmobiliaria Sixterra S.A. 134 Inmobiliaria Stadio Italiano S.A. 135 Inmobiliaria Yugoslava S.A. 136 Instituto de Diagnóstico S.A. 137 Intasa S.A. 138 Invercap S.A. 139 Invermar S.A. 140 Invernova S.A. 141 Inversiones Agrícolas y Comerciales S.A. 142 Inversiones Aguas Metropolitanas S.A. 143 Inversiones Covadonga S.A. 144 Inversiones La Construcción S.A. 145 Inversiones Magallanes S.A. 146 Inversiones Nueva Región S.A. 147 Inversiones Siemel S.A. 148 Inversiones Tricahue S.A. 149 Inversiones Unespa S.A. 150 Inversiones Unión Española S.A. 151 Invertec Foods S.A. 152 Invexans S.A. 153 Ipal S.A. 154 Latam Airlines Group S.A. 155 Leasing Nacional S.A. 156 Liga Independiente de Fútbol S.A. 157 Marbella Country Club S.A. 158 Marítima de Inversiones S.A. 159 Masisa S.A. 160 Melón S.A. 161 Minera Valparaíso S.A. 162 Molibdenos y Metales S.A. 163 Muelles de Penco S.A. 164 Multiexport Foods S.A. 165 Navarino S.A. 166 Nibsa S.A. 167 Nitratos de Chile S.A. 168 Norte Grande S.A. 169 Old Grangonian Club S.A. 170 Pacífico V Región S.A. 171 Parque Arauco S.A. 172 Paz Corp S.A. 173 Pesquera Iquique-Guanaye S.A. 174 Portuaria Cabo Froward S.A. 175 Potasios de Chile S.A. 176 Prince of Wales Country Club S.A. Inmobiliaria 177 Puerto Ventanas S.A. 178 Puertos y Logística S.A. 179 Quemchi S.A. 180 Quilicura S.A. 181 Quiñenco S.A. 182 Rebrisa S.A. 183 Ripley Corp S.A. 184 S.A.C.I. Falabella 185 Salfacorp S.A. 186 Santa Bárbara S.A. 187 Santana S.A. 188 Santander Chile Holding S.A. 189 Schwager Energy S.A. 190 Scotiabank Sud Americano 191 Seguros Vida Security Previsión S.A. 192 Sigdo Koppers S.A. 193 Sintex S.A. 194 Sipsa S.A. 195 SMU S.A. 196 Sociedad Agrícola La Rosa Sofruco S.A. 197 Sociedad Anónima de Deportes Club de Golf Santiago 198 Sociedad Anónima Feria de los Agricultores 199 Sociedad Anónima Inmobiliaria Sport Francais 200 Sociedad Anónima Viña Santa Rita 201 Sociedad de Canalistas La Foresta de Apoquindo S.A. 202 Sociedad de Inversiones Campos Chilenos S.A.
125 203 Sociedad de Inversiones Generadora de Empresas S.A. 204 Sociedad de Inversiones Oro Blanco S.A. 205 Sociedad de Inversiones Pampa Calichera S.A. 206 Sociedad Hipódromo Chile S.A. 207 Sociedad Inmobiliaria Viña Del Mar S.A. 208 Sociedad Matriz del Banco de Chile S.A. 209 Sociedad Matriz SAAM S.A. 210 Sociedad Pesquera Coloso S.A. 211 Sociedad Punta del Cobre S.A. 212 Sociedad Química y Minera de Chile S.A. 213 Socovesa S.A. 214 Sonda S.A. 215 Soprocal, Calerías e Industrias S.A. 216 Soquimich Comercial S.A. 217 Tech Pack S.A. 218 Telefónica Chile S.A. 219 Telefónica Larga Distancia S.A. 220 Termas de Puyehue S.A. 221 The Grange School S.A. 222 Unión El Golf S.A. 223 Unión Inmobiliaria S.A. 224 Valparaíso Sporting Club S.A. 225 Viña Concha y Toro S.A. 226 Viña San Pedro Tarapacá S.A. 227 Viñedos Emiliana S.A. 228 Walmart Chile S.A. 229 Watts S.A. 230 Zona Franca de Iquique S.A. FIXED INCOME MARKET 147 ISSUERS 1 AD Retail S.A. 2 AES Gener S.A. 3 Agrosuper S.A. 4 Aguas Andinas S.A. 5 Aguas Nuevas S.A. 6 Almendral Telecomunicaciones S.A. 7 América Móvil, S.A.B. de C.V. 8 Banchile Securitizadora S.A. 9 Banco BICE 10 Banco Bilbao Vizcaya Argentaria, Chile 11 Chilean Central Bank 12 Banco Consorcio 13 Banco de Chile 14 Banco de Crédito e Inversiones 15 Banco del Estado de Chile 16 Banco Falabella 17 Banco Internacional 18 Banco Itaú Chile 19 Banco Paris 20 Banco Penta 21 Banco Pine S.A. 22 Banco Ripley 23 Banco Santander-Chile 24 Banco Security 25 Banmédica S.A. 26 Banvida S.A. 27 BCI Securitizadora S.A. 28 BCP Emisiones Latam 1 S.A. 29 Bicecorp S.A. 30 Caja de Compensación de Asignación Familiar La Araucana 31 Caja de Compensación de Asignación Familiar Los Andes 32 Caja de Compensación de Asignación Familiar Los Héroes 33 Caja de Previsión de la Defensa Nacional (CAPREDENA) 34 CAP S.A. 35 Celulosa Arauco y Constitución S.A. 36 Cencosud S.A. 37 CFR Pharmaceuticals S.A. 38 CGE Distribución S.A. 39 Chilquinta Energía S.A. 40 Clínica Las Condes 41 Coagra S.A. 42 Coca-Cola Embonor S.A. 43 Colbún S.A. 44 Compañía Agropecuaria Copeval S.A. 45 Compañía Cervecerías Unidas S.A. 46 Compañía Electro Metalúrgica S.A. 47 Compañía General de Electricidad S.A. 48 Compañía Nacional de Fuerza Eléctrica S.A. 49 Compañía Nacional de Teléfonos, Telefónica del Sur S.A. 50 Compañía Sudamericana de Vapores S.A. 51 Consorcio Financiero S.A. 52 Cooperativa del Personal de la Universidad de Chile Ltda. 53 Corp Group Vida Chile S.A. 54 Corpbanca 55 Corporación GEO, S.A.B de C.V. 56 Corporación Nacional del Cobre 57 Corporación Universidad de Concepción 58 Cristalerías de Chile S.A. 59 BUPA Chile S.A. 60 Dirección de Previsión de Carabineros (DIPRECA) 61 EF Securitizadora S.A. 62 Embotelladora Andina S.A. 63 Empresa de los Ferrocarriles del Estado 64 Empresa de Servicios Sanitarios de Los Lagos S.A. 65 Empresa de Transporte de Pasajeros Metro S.A. 66 Empresa Eléctrica de la Frontera S.A.
67 Empresa Nacional de Electricidad S.A. 68 Empresa Nacional del Petróleo 69 Empresas Carozzi S.A. 70 Empresas Copec S.A. 71 Empresas Hites S.A. 72 Empresas Iansa S.A. 73 Empresas La Polar S.A. 74 Empresas Red Salud S.A. 75 Enersis S.A. 76 Enjoy S.A. 77 Enlasa Generación Chile S.A. 78 Essbio S.A. 79 Esval S.A. 80 Eurocapital S.A. 81 Factoring Security S.A. 82 Farmacias Ahumada S.A. 83 FINTESA Securitizadora S.A. 84 Forum Servicios Financieros S.A. 85 Gasco S.A. 86 Grupo Empresas Navieras S.A. 87 Grupo Security S.A. 88 Indura S.A., Industria y Comercio 89 Ingevec S.A. 90 Instituto de Previsión Social (IPS) 91 Inversiones CMPC S.A. 92 Inversiones Eléctricas del Sur S.A. 93 Invexans S.A. 94 LQ Inversiones Financiera S.A. 95 Masisa S.A. 96 Metrogas S.A. 97 Ministerio de Vivienda y Urbanismo 98 Molibdenos y Metales S.A. 99 Nuevosur S.A 100 Parque Arauco S.A. 101 Plaza S.A. 102 Quiñenco S.A. 103 Rabobank Chile 104 Raboinvestments Chile S.A. 105 Ripley Chile S.A. 106 Ripley Corp S.A. 107 Ruta del Bosque Sociedad Concesionaria S.A. 108 Ruta del Maipo Sociedad Concesionaria S.A. 109 Ruta del Maule Sociedad Concesionaria S.A. 110 S.A.C.I. Falabella 111 Salfacorp S.A. 112 Santander S.A. Sociedad Securitizadora 113 Scotiabank Chile 114 Securitizadora BICE S.A. 115 Securitizadora Security S.A. 116 Securitizadora Sudamericana S.A. 117 Sigdo Koppers S.A. 118 SMU S.A. 119 Sociedad Anónima Viña Santa Rita 120 Sociedad Austral de Electricidad S.A. 121 Sociedad Concesionaria Autopista Central S.A. 122 Sociedad Concesionaria Autopista del Sol S.A. 123 Sociedad Concesionaria Autopista Interportuaria S.A. 124 Sociedad Concesionaria Autopista Los Libertadores S.A. 125 Sociedad Concesionaria Autopista Vespucio Sur S.A. 126 Sociedad Concesionaria Costanera Norte S.A. 127 Sociedad Concesionaria Melipilla S.A. 128 Sociedad Concesionaria Rutas del Pacífico S.A. 129 Sociedad Concesionaria Vespucio Norte Express S.A. 130 Sociedad de Inversiones La Construcción S.A. 131 Sociedad de Rentas Comerciales S.A. 132 Sociedad Eléctrica Santiago S.A. 133 Sociedad Nacional de Oleoductos S.A. 134 Sociedad Química y Minera de Chile S.A. 135 Sodimac S.A. 136 Sonda S.A. 137 Tanner Servicios Financieros S.A. 138 Telefónica Chile S.A. 139 Telefónica Móviles Chile S.A. 140 Chilean Treasury 141 Transa Securitizadora S.A. 142 Transelec S.A. 143 Transnet S.A. 144 Viña Concha y Toro S.A. 145 Viña San Pedro Tarapacá S.A. 146 Walmart Chile Inmobiliaria S.A. 147 Watts S.A. MONEY MARKET 57 ISSUERS 1 Banco Bilbao Vizcaya Argentaria, Chile 2 Chilean Central Bank 3 Banco Consorcio 4 Banco de Chile 5 Banco de Crédito e Inversiones 6 Banco del Estado de Chile 7 Banco Do Brasil 8 Banco Falabella 9 Banco Industrial y de Comercio Exterior 10 Banco Internacional 11 Banco Itaú Chile 12 Banco Paris 13 Banco Penta 14 Banco Ripley 15 Banco Santander-Chile 16 Banco Security
127 17 Besalco S.A. 18 Bicecorp S.A. 19 Caja de Compensación de Asignación Familiar Los Héroes 20 CGE Distribución S.A. 21 Colbún S.A. 22 Compañía Agropecuaria Copeval S.A. 23 Compañía General de Electricidad S.A. 24 Cooperativa del Personal de la Universidad de Chile Ltda. 25 Corpbanca 26 Deutsche Bank (Chile) 27 Empresa Nacional de Telecomunicaciones S.A. 28 Empresas Hites S.A. 29 Empresas Juan Yarur S.A.C. 30 Empresas La Polar S.A. 31 Esval S.A. 32 Eurocapital S.A. 33 Factoring Security S.A. 34 Factotal S.A. 35 First Factor S.A. 36 Forum Servicios Financieros S.A. 37 Gasco S.A. 38 GMAC Comercial Automotriz S.A. 39 HSBC Bank Chile 40 Incofin S.A. 41 Instituto de Normalización Previsional 42 Interfactor S.A. 43 Inversiones CMPC S.A. 44 La Araucana Caja de Compensación de Asignación Familiar 45 Metrogas S.A. 46 Promotora CMR Falabella S.A. 47 Rabobank Chile 48 S.A.C.I. Falabella 49 Salfacorp S.A. 50 Scotiabank Chile 51 Servicios Financieros Progreso S.A. 52 Sociedad Punta del Cobre S.A. 53 Sociedad Química y Minera de Chile S.A. 54 Tanner Servicios Financieros S.A. 55 Chilean Treasury 56 Viña Concha y Toro S.A. 57 Viña San Pedro Tarapacá S.A. FOREIGN SECURITY MARKET 895 ISSUERS Foreign Open-End Funds (41) 1 Strategic Partners Balanced Fund 2 Strategic Partners Bond Fund 3 Strategic Partners Capital Growth Fund 4 Strategic Partners Capital Income Fund 5 Strategic Partners Concentrated Growth Fund 6 Strategic Partners Core Value Fund 7 Strategic Partners Equity Income Fund 8 Strategic Partners Growth with Income Fund 9 Strategic Partners Health Sciences Fund 10 Strategic Partners High Yield Bond Fund 11 Strategic Partners International Growth Fund 12 Strategic Partners Managed Index 500 Fund 13 Strategic Partners Managed Large Cap Growth Fund 14 Strategic Partners Managed OTC Fund 15 Strategic Partners Managed Small Cap Growth Fund 16 Strategic Partners Mid Cap Growth Fund 17 Strategic Partners Money Market Fund 18 Strategic Partners Relative Value Fund 19 Strategic Partners Small Cap Growth Opportunity Fund 20 Strategic Partners Small Company Fund 21 Strategic Partners Technology Fund 22 Old Mutual Emerging Market Debt Fund Class A, B and C 23 Old Mutual European Best Ideas Fund Class A1, A2, A4, A4H and I 24 Old Mutual European Equity Fund Class A, A2, B and C 25 Old Mutual Global Bond Fund Class A, B and C 26 Old Mutual Global Emerging Markets Fund Class A1, A2, A3H, A4, B1M, C1, I and S4 27 Old Mutual Global Equity Fund Class A, B and C 28 Old Mutual Greater China Equity Fund Class A, B and C 29 Old Mutual Investment Grade Corporate Bond Fund Class A1, A1I, A2H, A3H, A4H, A5H, A5HI, B1M, C, I and S4H 30 Old Mutual Japanese Equity Fund Class A, A2, B and C 31 Old Mutual Local Currency Emerging Market Debt Fund Class A1, A1MI, A2, A4I, B1M1, C1MI and I 32 Old Mutual North American Equity Fund - Class A, B and C 33 Old Mutual Pacific Equity Fund Class A, B and C 34 Old Mutual SEK Reserve Fund Class A 35 Old Mutual Swedish Bond Fund Class A 36 Old Mutual Swedish Equity Fund Class A 37 Old Mutual Swedish Growth Fund Class A 38 Old Mutual Total Return USD Bond Fund Class A, B and C 39 Old Mutual US Dividend Fund Fund Class A, B and C 40 Old Mutual US Large Cap Growth Fund Class A, B and C 41 Old Mutual World Equity Fund Class A and C Foreign Mutual Funds (203) 1 BGF ASEAN Leaders Fund A2 USD 2 BGF Asia Pacific Eq Inc Fd A2 and C5G USD 3 BGF Asian Dragon A2 and c2 USD 4 BGF Asian Local Bond A2 USD 5 BGF Asian Tiger Bond A2 and C2 USD 6 BGF China A2 and C2 USD 7 BGF Continental European Flex A2 USD 8 BGF Continental European Flex C2 EUR 9 BGF Emerging Europe A2 y C2 USD
10 BGF Emerging Markets A2 USD 11 BGF Emerging Markets Bond A2 and C2 USD 12 BGF Emerging Markets C2 USD 13 BGF Emerging Markets Equity Inc A2 USD 14 BGF Emerging Markets Local Currency Bond A2 and C2 USD 15 BGF Euro Bond A2 and C2 USD 16 BGF Euro Corporate Bond A2 and C2 EUR 17 BGF Euro Reserve A2 and C2 EUR 18 BGF Euro Short Duration Bond A2 and C2 EUR 19 BGF Euro-Markets A2 and C2 USD 20 BGF European A2 and C2 USD 21 BGF European Equity Income Fund A2 EUR 22 BGF European Focus A2 and C2 EUR 23 BGF European Focus A2 and C2 USD 24 BGF European Growth A2 and C2 USD 25 BGF European Value A2 and C2 USD 26 BGF Fixed Income Global Opp A2 and C2 USD 27 BGF Flexible Multi-Asset A2 and C2 EUR 28 BGF Flexible Multi-Asset Hedged A2 and C2 USD 29 BGF Gbl Inflation Linked Bd A2 and C2 USD 30 BGF Global Allocation A2 and C2 USD 31 BGF Global Corporate Bond A2 USD 32 BGF Global Dynamic Equity USD and C2 A2 33 BGF Global Enhanced Equity Yield A2 and C2 USD 34 BGF Global Equity A2 and C2 USD 35 BGF Global Equity Income A2 and C2 USD 36 BGF Global Government Bond A2 and C2 USD 37 BGF Global High Yield Bond A2 and C2 USD 38 BGF Global Multi Asset Income A2 USD 39 BGF Global Opportunities A2 and C2 USD 40 BGF Global SmallCap A2 and C2 USD 41 BGF India Fund A2 and C2 USD 42 BGF Japan Small & MidCap Opps A2 and C2 USD 43 BGF Japan Value A2 and C2 USD 44 BGF Latin American A2 and C2 USD 45 BGF Natural Resources Growth & Income A2 USD 46 BGF New Energy A2 and C2 USD 47 BGF North American Equity Income A2 and C2 USD 48 BGF Pacific Equity A2 and C2 USD 49 BGF Renminbi Bond A2 and C2 USD 50 BGF United Kingdom A2 USD 51 BGF US Basic Value A2 and C2 USD 52 BGF US Dollar Core Bond A2 and C2 USD 53 BGF US Dollar Reserve A2 and C2 USD 54 BGF US Flexible Equity A2 and C2 USD 55 BGF US Government Mortgage A2 and C2 USD 56 BGF US Growth A2 and C2 USD 57 BGF US Small & MidCap Opps A2 and C2 USD 58 BGF USD High Yield Bond A2 and C2 USD 59 BGF USD Short Duration Bond A2 and C2 USD 60 BGF World Agriculture A2 and C2 USD 61 BGF World Bond A2 and C1 USD 62 BGF World Energy A2 and C2 USD 63 BGF World Financials A2 and C2 USD 64 BGF World Gold A2 and C2 USD 65 BGF World Healthscience A2 and C2 USD 66 BGF World Mining A2 and C2 USD 67 BGF World Technology A2 and C2 USD 68 DWS Deutschland 69 DWS India 70 DWS Invest Africa, Class A2 (USD) 71 DWS Invest Africa, Class NC (EUR) 72 DWS Invest Chinese Equities, Class A2 (USD) 73 DWS Invest Chinese Equities, Class NC (EUR) 74 DWS Invest Convertibles, Class A2 (USD) 75 DWS Invest Convertibles, Class NC (EUR) 76 DWS Invest Global Agribusiness, Class A2 (USD) 77 DWS Invest Global Agribusiness, Class NC (EUR) 78 DWS Invest Global Infrastructure, Class A2 (USD) 79 DWS Invest Global Infrastructure, Class NC (EUR) 80 DWS Invest Gold and Precious Metals, Class A2 (USD) 81 DWS Invest Gold and Precious Metals, Class NC (EUR) 82 DWS Invest Top 50 Asia, Class A2 (USD) 83 DWS Invest Top 50 Asia, Class NC (EUR) 84 DWS Russia 85 DWS Türkei 86 Franklin Brazil Opportunities Fund Class A (Acc) USD and EUR-H1 87 Franklin Brazil Opportunities Fund Class A (Qdis) HKD and USD 88 Franklin Brazil Opportunities Fund Class N (Acc) USD and EUR-H1 89 Franklin Brazil Opportunities Fund Class N (Qdis) USD 90 Franklin European Growth Fund Class A and N (Acc) EUR 91 Franklin Mutual Beacon Fund Class A (Ydis) USD 92 Franklin Mutual Beacon Fund Class A and N (Acc) USD 93 Franklin Strategic Income Fund Class A (Acc) USD 94 Franklin Strategic Income Fund Class A (Mdis) USD 95 Franklin U.S. Opportunities Fund Class A (Acc) USD 96 Franklin U.S. Opportunities Fund Class N (Acc) USD 97 INVESCO GT Asean Fund Share Class A and C 98 INVESCO GT Asia Enterprise Fund Share Class A, C and E 99 INVESCO GT Bond Fund Share Class A and C 100 INVESCO GT Continental European Fund Share Class A and C 101 INVESCO GT Developing Markets Fund Share Class A and C 102 INVESCO GT Dollar Reserve Fund Share Class A, C and E 103 INVESCO GT Emerging Markets Bond Fund Share Class A and C 104 INVESCO GT European Bond Fund Share Class A, C and E 105 INVESCO GT Greater China Opportunities Fund Share Class A, C and E 106 INVESCO GT Healthcare Fund Share Class A and C 107 INVESCO GT Investment Fund Share Class A and C 108 INVESCO GT Japan Enterprise Fund Share Class A and C 109 INVESCO GT Japan Fund Share Class A and C 110 INVESCO GT Korea Fund Share Class A and C 111 INVESCO GT Latin America Fund - Share Class A and C 112 INVESCO GT Leisure Fund Share Class A, C and E 113 INVESCO GT Newly Industr. Countries Fund Share Class A and C
129 114 INVESCO GT North America Fund Share Class A, C and E 115 INVESCO GT Pan European Enterprise Fund Share Class A, C and E 116 INVESCO GT Pan European Fund Share Class A, C and E 117 INVESCO GT Technology Fund Share Class A and C 118 INVESCO GT Telecommunications Fund Share Class A and C 119 INVESCO GT Worldwide Dynamic Theme Fund Share Class A, C and E 120 INVESCO Maximum Income Fund Share Class A 121 INVESCO Taiwan Growth Fund - Share Class A and C 122 Legg Mason Batterymarch Asia Pacific Equity Fund, Class A, C and E Distr. (A) 123 Legg Mason Batterymarch Asia Pacific Equity Fund, Class A, C and E Acc. 124 Legg Mason Batterymarch Emerging Markets Equity Fund, Class A and C Distr. (A) 125 Legg Mason Batterymarch Emerging Markets Equity Fund, Class A, C and E Acc. 126 Legg Mason Batterymarch European Equity Fund, Class A and C Acc. 127 Legg Mason Batterymarch European Equity Fund, Class A and C Distr. (A) 128 Legg Mason Brandywine Global Fixed Income Absolute Return Fund, Class A Acc. 129 Legg Mason Brandywine Global Fixed Income Fund, Class A and C Acc. 130 Legg Mason Brandywine Global Fixed Income Fund, Class A and C Distr. (S) 131 Legg Mason ClearBridge US Aggressive Growth Fund, Class A, C and E Acc. 132 Legg Mason ClearBridge US Aggressive Growth Fund, Class A, C and E Distr. (A) 133 Legg Mason ClearBridge US Appreciation Fund, Class A, C and E Acc. 134 Legg Mason ClearBridge US Appreciation Fund, Class A, C and E Distr. (A) 135 Legg Mason ClearBridge US Fundamental Value Fund, Class A and C Acc. 136 Legg Mason ClearBridge US Fundamental Value Fund, Class A and C Distr. (A) 137 Legg Mason ClearBridge US Large Cap Growth Fund, Class A and C Acc. 138 Legg Mason ClearBridge US Large Cap Growth Fund, Class A and C Distr. (A) 139 Legg Mason Royce Smaller Companies Fund, Class A, C and E Acc. 140 Legg Mason Royce Smaller Companies Fund, Class A, C and E Distr. (A) 141 Legg Mason Royce US Small Cap Opportunity Fund, Class A, C and E Acc. 142 Legg Mason Royce US Small Cap Opportunity Fund, Class A, C and E Distr. (A) 143 Legg Mason Western Asset Asian Opportunities Fund, Class A, C and E Acc. 144 Legg Mason Western Asset Asian Opportunities Fund, Class A, C and E Distr. (D) 145 Legg Mason Western Asset Brazil Equity Fund, Class A Distr. (A) 146 Legg Mason Western Asset Emerging Markets Bond Fund, Class A and C Acc. 147 Legg Mason Western Asset Emerging Markets Bond Fund, Class A, C and E Distr. (D) 148 Legg Mason Western Asset Emerging Markets Corporate Bond Fund, Class A Distr. (M) 149 Legg Mason Western Asset Global Blue Chip Bond Fund, Class A, C and E Acc. 150 Legg Mason Western Asset Global Blue Chip Bond Fund, Class A, C and E Distr. (M) 151 Legg Mason Western Asset Global High Yield Fund, Class A, C and E Acc. 152 Legg Mason Western Asset Global High Yield Fund, Class A, C and E Distr. (D) 153 Legg Mason Western Asset Global Multi Strategy Fund, Class A, C and E Acc. 154 Legg Mason Western Asset Global Multi Strategy Fund, Class A, C and E Distr. (D) 155 Legg Mason Western Asset US Core Plus Bond Fund, Class A and C Acc. 156 Legg Mason Western Asset US Core Plus Bond Fund, Class A and C Distr. (D) 157 Legg Mason Western Asset US High Yield Fund, Class A, C and E Acc. 158 Legg Mason Western Asset US High Yield Fund, Class A, C and E Distr. (D) 159 Morgan Stanley Investment Funds Asian Equity Fund Class A, B, I and Z 160 Morgan Stanley Investment Funds Asian Property Fund Class A, B, I and Z 161 Morgan Stanley Investment Funds Asia-Pacific Equity Fund (USD) Class A, B, C, N and Z 162 Morgan Stanley Investment Funds Diversified Alpha Plus Fund (Euro) Class A, B, I and Z 163 Morgan Stanley Investment Funds Emerging Europe, Middle East and Africa Equity Fund Class A, B, I and Z 164 Morgan Stanley Investment Funds Emerging Markets Corporate Debt Fund (USD) Class A, AX, B, BX, C and Z 165 Morgan Stanley Investment Funds Emerging Markets Debt Fund Class A, B, BX, I and Z 166 Morgan Stanley Investment Funds Emerging Markets Domestic Debt Fund (USD) Class A, AX, BX, I and Z 167 Morgan Stanley Investment Funds Emerging Markets Equity Fund Class A, B, I and Z 168 Morgan Stanley Investment Funds Euro Bond Fund Class A, B, I and Z 169 Morgan Stanley Investment Funds Euro Corporate Bond Fund Class A, B, BX, I and Z 170 Morgan Stanley Investment Funds Euro Liquidity Fund Class A, B, C, I and Z 171 Morgan Stanley Investment Funds Euro Strategic Bond Fund Class A, AX, B, BX, C, I and Z 172 Morgan Stanley Investment Funds European Currencies High Yield Bond Fund Class A, AX, B, BX, C, I and Z 173 Morgan Stanley Investment Funds European Equity Alpha Fund Class A, AX, B, I and Z 174 Morgan Stanley Investment Funds European Property Fund Class A, B, I and Z 175 Morgan Stanley Investment Funds Eurozone Equity Alpha Fund Class A, B, I and Z
176 Morgan Stanley Investment Funds Global Balanced Risk Control Fund of Funds (Euro) Class A, B and Z 177 Morgan Stanley Investment Funds Global Bond Fund (USD) Class A, B, BX, C, I and Z 178 Morgan Stanley Investment Funds Global Brands Fund (USD) Class A, AX, B, BX, C, I and Z 179 Morgan Stanley Investment Funds Global Convertible Bond (USD) Fund Class A, B, I and Z 180 Morgan Stanley Investment Funds Global Equity Allocation Fund (USD) Class A, B and Z 181 Morgan Stanley Investment Funds Global Fixed Income Opportunities Fund (USD) Class A, AX, B, BX, and Z 182 Morgan Stanley Investment Funds Global High Yield Bond Fund (USD) Class A, AX, B, BX, Z and ZX 183 Morgan Stanley Investment Funds Global Infrastucture Fund Class A, B, C and Z 184 Morgan Stanley Investment Funds Global Mortage Securities Fund Class A, AX, B, C, CX, I, Z and ZX 185 Morgan Stanley Investment Funds Global Opportunity Bond (USD) Fund Class A, B, C and Z 186 Morgan Stanley Investment Funds Global Property Fund, Class A, B, I, IX and Z 187 Morgan Stanley Investment Funds Indian Equity Fund, Class A, B, C, I and Z 188 Morgan Stanley Investment Funds Japanese Equity Fund, Class A, B, C, I and Z 189 Morgan Stanley Investment Funds Latin American Equity Fund Class A, B, I and Z 190 Morgan Stanley Investment Funds Short Maturity Euro Bond Fund Class A, B, I and Z 191 Morgan Stanley Investment Funds US Advantage Fund Class A, B, I and Z 192 Morgan Stanley Investment Funds US Dollar Liquidity Fund Class A, AX, B, BX, I and Z 193 Morgan Stanley Investment Funds US Growth Fund Class A, B, I and Z 194 Morgan Stanley Investment Funds US Property Fund (USD) Class A, B, I and Z 195 Templeton Asian Growth Fund Class A and N (Acc) USD 196 Templeton Asian Growth Fund Class A (Ydis) USD 197 Templeton Bric Fund Class A (Acc) USD 198 Templeton Bric Fund Class N (Acc) USD 199 Templeton Frontier Markets Fund A (Acc) USD 200 Templeton Frontier Markets Fund A (Ydis) USD 201 Templeton Frontier Markets Fund N (Acc) EUR 202 Templeton Global Total Return Fund Class A (Mdis) USD 203 Templeton Global Total Return Fund Class A and N (Acc) USD Foreign Capital Investment Funds (1) 1 The Chile Fund Inc. International Investment Funds (3) 1 Global Optimization International Investment Fund 2 Moneda Deuda Latinoamericana International Investment Fund 3 Compass RF América Latina Investment Fund Foreign Stocks (79) 1 3m Co 2 Abbott Laboratories 3 Alcoa Inc 4 Altria Group, Inc. 5 Amazon Com Inc 6 American Express Company 7 American International Group Inc 8 Amgen Inc 9 Apple Inc 10 At&T Inc 11 Automatic Data Processing Inc 12 Avon Products Inc 13 Bank Of America Corp 14 Biogen Idec Inc. 15 Boeing Co 16 Caterpillar Inc 17 Chesapeake Utilities Corp 18 Chevron Corp 19 Cisco Systems, Inc. 20 Citigroup Inc 21 Coca Cola Co 22 Comcast Corp 23 Costco Wholesale Corp /New 24 CVS Health Corporation 25 Directv 26 Dupont E I De Nemours & Co 27 Ebay Inc 28 EMC Corp 29 Express Scripts Holding Co. 30 Exxon Mobil Corp 31 Facebook Inc 32 Freeport Mcmoran Inc. 33 General Electric Co 34 Geopark Limited 35 Gilead Sciences Inc 36 Google Inc-Cl A 37 Google Inc-Cl C 38 Halliburton Co 39 Hewlett Packard Co 40 Home Depot Inc 41 Honeywell International Inc 42 Intel Corporation 43 International Business Machines Corp 44 Johnson & Johnson 45 Jpmorgan Chase & Co 46 Linkedin Corp 47 Mcdonalds Corp 48 Merck & Co. Inc. 49 Microsoft Corp 50 Mondelez International Inc. 51 Morgan Stanley 52 Newmont Mining Corp 53 Nike Inc
131 54 Oracle Corporation 55 Peabody Energy Corp 56 Pepsico Inc 57 Pfizer Inc 58 Procter & Gamble Co/The 59 Qualcomm Inc/De 60 Staples Inc 61 Starbucks Corp 62 Target Corp 63 Texas Instruments Inc 64 The Priceline Group Inc. 65 Travelers Companies, Inc. 66 Union Pacific Corporation 67 United Parcel Service Inc 68 United States Steel Corp 69 United Technologies Corp /De/ 70 Unitedhealth Group Inc 71 Us Bancorp \De\ 72 Verizon Communications Inc 73 Visa Inc. 74 Volcán Compañía Minera S.A.A., classes A and B 75 Walmart Stores Inc 76 Walt Disney Co/ 77 Wells Fargo & Company/Mn 78 Yahoo Inc 79 Yahoo Inc. Chilean ADR s (3) 1 Embotelladora Andina S.A., class A and B 2 Compañía Cervecerías Unidas S.A. 3 Lan Airlines S.A. Exchange Trade Funds - ETFs (102) 1 ishares MSCI All Country Asia ex Japan ETF 2 ishares MSCI BRIC ETF 3 ishares MSCI Chile Investable Market Index Fund 4 ishares MSCI Emerging Markets ETF 5 ishares MSCI EAFE ETF 6 ishares MSCI Pacific ex-japan ETF 7 ishares MSCI All Peru Capped ETF 8 ishares MSCI Australia ETF 9 ishares MSCI Germany ETF 10 ishares MSCI Hong Kong ETF 11 ishares MSCI Japan ETF 12 ishares MSCI Singapore ETF 13 ishares MSCI Taiwan ETF 14 ishares MSCI United Kingdom ETF 15 ishares MSCI Mexico Investable Market Index Fund 16 ishares MSCI South Korea ETF 17 ishares MSCI Brazil Capped ETF 18 ishares MSCI EMU ETF 19 ishares China Large-Cap ETF 20 ishares Europe ETF 21 ishares Latin America 40 ETF 22 ishares Core S&P 500 ETF 23 ishares Russell 2000 ETF 24 ishares iboxx $ Investment Grade Corporate Bond ETF 25 ishares 1-3 Year Treasury Bond ETF 26 ishares U.S. Consumer Services ETF 27 ishares U.S. Consumer Goods ETF 28 ishares U.S. Energy ETF 29 ishares U.S. Financial ETF 30 ishares U.S. Real Estate ETF 31 ishares U.S. Home Construction ETF 32 ishares U.S. Basic Materials ETF 33 ishares U.S. Industrial ETF 34 ishares U.S. Technology ETF 35 ishares U.S. Telecommunications ETF 36 ishares U.S. Utilities ETF 37 ishares Global Energy ETF 38 ishares Global Financials ETF 39 ishares Global Materials ETF 40 ishares S&P India Nifty 50 Index Fund 41 ishares Short Treasury Bond ETF 42 ishares iboxx $ High Yield Corporate Bond 43 ishares TIPS Bond ETF 44 ishares Russell 3000 ETF 45 ishares Russell Midcap Index Fund 46 ishares Russell Microcap Index Fund 47 ishares MSCI Canada ETF 48 ishares MSCI Israel Capped Investable Market Index Fund 49 ishares MSCI South Africa ETF 50 ishares MSCI Emerging Markets Eastern Europe ETF 51 ishares Silver Trust 52 ishares Gold Trust 53 ishares MSCI ACWI ex U.S. ETF 54 ishares MSCI ACWI ETF 55 ishares MSCI Indonesia investable Market Index Fund 56 ishares MSCI Ireland Capped Investable Market Index Fund 57 ishares MSCI Poland Investable Market Index Fund 58 ishares MSCI Brazil Small Cap ETF 59 ishares MSCI China Small Cap ETF 60 ishares MSCI China ETF 61 ishares Russell 1000 Growth ETF 62 ishares Russell 1000 ETF 63 ishares Russell 1000 value ETF 64 ishares Russell 2000 Growth ETF 65 ishares Russell 2000 Value ETF 66 ishares Russell Midcap Growth Index Fund 67 ishares Russell Midcap Value ETF 68 ishares S&P 500 Growth ETF 69 ishares S&P 500 Value ETF 70 ishares MSCI France ETF 71 ishares MSCI Malaysia ETF 72 ishares MSCI Spain Capped ETF 73 ishares MSCI Thailand Investable Market Index Fund 74 ishares MSCI Turkey Investable Market Index Fund 75 ishares MSCI Russia Capped ETF 76 ishares MSCI New Zealand Investable Market Index Fund 77 ishares MSCI Philippines Investable Market Index Fund
78 ishares MSCI Italy Capped ETF 79 ishares MSCI Switzerland Capped ETF 80 ishares MSCI Netherland Investable Market Index Fund 81 ishares MSCI Japan Small-Cap ETF 82 ishares MSCI EAFE Small-Cap ETF 83 Market Vectors Agribusiness ETF 84 Market Vectors Brazil Small Cap ETF 85 Market Vectors China ETF 86 Market Vectors Coal ETF 87 Market Vectors Egypt Index ETF 88 Market Vectors Emerging Markets Local Currency Bond ETF 89 Market Vectors Global Alternative Energy ETF 90 Market Vectors Gold Miners ETF 91 Market Vectors India Small Cap Index ETF 92 Market Vectors Indonesia Index ETF 93 Market Vectors Junior Gold Miners ETF 94 Market Vectors LatAm Aggregate Bond ETF 95 Market Vectors Poland ETF 96 Market Vectors Rare Earth/ Strategic Metals ETF 97 Market Vectors Russia ETF 98 Market Vectors Russia Small Cap ETF 99 Market Vectors Natural Resources ETF 100 Market Vectors Steel ETF 101 Market Vectors Uranium+Nuclear Energy ETF 102 Market Vectors Vietnam ETF SLX Market Vectors Steel ETF Colombian Stocks on MILA Market (77) 1 Acerías Paz del Rió S.A. 2 Administradora de Fondos de Pensiones y Cesantías Protección 3 Agroguachal S.A. 4 Alimentos Derivados de la Caña S.A. 5 Almacenes Éxito S.A. 6 Avianca Holdings S.A. 7 Banco Bilbao Vizcaya Argentaria Colombia S.A. BBVA Colombia 8 Banco Comercial Av. Villas S.A. 9 Banco Davivienda S.A. 10 Banco de Bogotá S.A. 11 Banco de Occidente S.A. 12 Banco Popular S.A. 13 Bancolombia S.A. 14 Biomax Biocombustibles S.A. 15 BMC Bolsa Mercantil de Colombia S.A 16 Bolsa de Valores de Colombia S.A. 17 Caracol Energy Ltd. 18 Caracol Televisión S.A. 19 Cartón de Colombia S.A. 20 Carvajal Empaques S.A 21 Castilla Agrícola S.A 22 Celsia S.A. E.S.P 23 Cementos Argos S.A 24 Cemex Latam Holdings S.A 25 Clínica de Marly S.A. 26 Colombina S.A. 27 Coltejer S.A. 28 Compañía Agrícola San Felipe S.A. 29 Compañía de Electricidad de Tulúa S.A. SEP. 30 Compañía de Empaques S.A. 31 Construcciones Civiles S.A. 32 Construcciones El Cóndor S.A 33 Constructora Conconcreto S.A. 34 Coomeva Entidad Promotora de Salud S.A. 35 Corporación de Ferias y Exposiciones S.A. 36 Corporación Financiera Colombiana S.A. 37 Ecopetrol S.A. 38 Edatel S.A. E.S.P. 39 Empresa de Energía de Bogotá S.A. E.S.P. 40 Empresa de Energía del Pacífico S.A. E.S.P. 41 Empresa de Telecomunicaciones de Bogotá S.A. E.S.P. 42 Enka de Colombia S.A. 43 Fabricato S.A. 44 Fogansa S.A. 45 Fondo Bursátil Horizons Colombia Select de S&P 46 Fondo Bursátil Horizons Mila 40 de S&P 47 Fondo Bursátil Ishares Colcap 48 Fondo Ganadero de Córdoba S.A. 49 Fondo Ganadero del Tolima S.A. 50 Gas Natural del Oriente S.A. E.S.P. 51 Gas Natural S.A. E.S.P. 52 Grupo Argos S.A 53 Grupo Aval Acciones y Valores S.A. 54 Grupo de Inversiones Suramericana S.A 55 Grupo Nutresa S.A. 56 Grupo Orbis S.A. 57 Industrias Estra S.A. 58 Interconexión Eléctrica S.A. E.S.P. 59 Inversiones Equipos y Servicios S.A. 60 Inversiones Venecia S.A. 61 Isagen S.A. E.S.P. 62 Manufacturas de Cemento S.A. 63 Mayagüez S.A. 64 Mineros S.A. 65 Organización de Ingeniería Internacional S.A. 66 Organización Terpel S.A 67 Pacific Rubiales Energy Corp 68 Productos Familia S.A. 69 Promigas S.A. E.S.P. 70 R.C.N. Televisión S.A. 71 Riopaila Agrícola S.A. 72 Riopaila Castilla S.A. 73 Sociedades Bolívar S.A. 74 Tablemac S.A. 75 Valorem S.A. 76 Valores Industriales S.A. 77 Valores Simesa S.A.
133 Mexican Stocks on MILA Market (144) 1 Accel, S.A.B. de C.V. 2 Actinver Casa de Bolsa, S.A. de C.V. Grupo Financiero Actinver, Div. Fiduciaria 3 Agro Industrial Exportadora, S.A. de C.V. 4 Alfa, S.A.B. de C.V. 5 Alpek, S.A.B. de C.V. 6 Alsea, S.A.B. de C.V. 7 Altos Hornos de México, S.A. de C.V. 8 América Móvil, S.A.B. de C.V. 9 Arca Continental, S.A.B. de C.V. 10 Axtel, S.A.B. de C.V. 11 Banco Bilbao Vizcaya Argentaria, S.A. 12 Banco Invex, S.A., Institución de Banca Múltiple, Invex Grupo Financiero 13 Banco Nacional de México, S.A. Grupo Financiero Banamex, Div. Fiduciaria 14 Banco Nacional de México, S.A., Integrante del Grupo Financiero Banamex 15 Banco Santander, S.A. 16 BANREGIO Grupo Financiero, S.A.B. de C.V. 17 Bio Pappel, S.A.B. de C.V. 18 Bolsa Mexicana de Valores, S.A.B. de C.V. 19 Casa de Bolsa Finamex, S.A.B. de C.V. 20 Cemex, S.A.B. de C.V. 21 Citigroup Inc. 22 CMR, S.A.B. de C.V. 23 Coca-Cola Femsa, S.A.B. de C.V. 24 Compañía Minera Autlan, S.A.B. de C. V. 25 Compartamos, S.A.B. de C.V. 26 Consorcio Ara, S.A.B. de C.V. 27 Consorcio Aristos, S.A.B. de C.V. 28 Consorcio Hogar, S.A.B. de C.V. 29 Controladora Comercial Mexicana, S.A.B. de C.V. 30 Controladora Vuela Compañía de Aviación, S.A.B. de C.V. 31 Convertidora Industrial, S.A.B. de C.V. 32 Corporación Actinver, S.A.B. de C.V. 33 Corporación Geo, S.A.B. de C.V. 34 Corporación Inmobiliaria Vesta, S.A.B. de C.V. 35 Corporación Interamericana de Entretenimiento, S.A.B. de C.V. 36 Corporación Moctezuma, S.A.B. de C.V. 37 Corporativo Fragua, S.A.B. de C.V. 38 Corporativo GBM, S.A.B. de C. V. 39 Crédito Real, S.A.B. de C.V., Sofom, E.N.R. 40 CYDSA, S.A.B. de C.V. 41 Desarrolladora Homex, S.A.B. de C.V. 42 Deutsche Bank México, S.A. Institución de Banca Múltiple, División Fiduciaria 43 Deutsche Bank México, S.A., Institución de Banca Múltiple 44 DINE, S.A.B. de C.V. 45 Edoardos Martin, S.A.B. de C.V. 46 El Puerto de Liverpool, S.A.B. de C.V. 47 Empresas Cablevisión, S.A. de C.V. 48 Empresas Ica, S.A.B. de C.V. 49 Farmacias Benavides, S.A.B. de C.V. 50 Financiera Independencia, S.A.B. de C.V. Sofom, E.N.R. 51 First Majestic Silver Corp. 52 Fomento Económico Mexicano, S.A.B. de C.V. 53 Fresnillo PLC 54 G Collado, S.A.B. de C.V. 55 General de Seguros, S.A.B. 56 Genomma Lab Internacional, S.A.B. de C.V. 57 Gruma, S.A.B. de C.V. 58 Grupe, S.A.B. de C.V. 59 Grupo Aeroméxico, S.A.B. de C.V. 60 Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. 61 Grupo Aeroportuario del Pacífico, S.A.B. de C.V. 62 Grupo Aeroportuario del Sureste, S.A.B. de C.V. 63 Grupo Bafar, S.A.B. de C.V. 64 Grupo Bimbo, S.A.B. de C.V. 65 Grupo Carso, S.A.B. de C.V. 66 Grupo Casa Saba, S.A.B. de C.V. 67 Grupo Cementos de Chihuahua, S.A.B. de C.V. 68 Grupo Comercial Chedraui, S.A.B. de C.V. 69 Grupo Comercial Gomo, S.A. de C.V. 70 Grupo Elektra, S.A.B. de C.V. 71 Grupo Famsa, S.A.B. de C.V. 72 Grupo Financiero Banorte, S.A.B de C.V. 73 Grupo Financiero Inbursa, S.A.B. de C.V. 74 Grupo Financiero Interacciones, S.A. de C.V. 75 Grupo Financiero Multiva S.A.B. de C.V. 76 Grupo Financiero Santander México, S.A.B. de C.V. 77 Grupo Gigante, S.A.B. de C.V. 78 Grupo Herdez, S.A.B. de C.V. 79 Grupo Hotelero Santa Fe S.A.B. de C.V. 80 Grupo Industrial Maseca, S.A.B. de C.V. 81 Grupo Industrial Saltillo, S.A.B. de C.V. 82 Grupo Kuo, S.A.B. de C.V. 83 Grupo Lala, S.A.B. de C.V. 84 Grupo Lamosa, S.A.B. de C.V. 85 Grupo Mexicano de Desarrollo, S.A.B. 86 Grupo México, S.A.B. de C.V. 87 Grupo Minsa, S.A.B. de C.V. 88 Grupo Modelo, S.A.B. de C.V. 89 Grupo Nacional Provincial, S.A.B. 90 Grupo Palacio de Hierro, S.A.B. de C.V. 91 Grupo Pochteca, S.A.B. de C.V. 92 Grupo Posadas, S.A.B. de C.V. 93 Grupo Profuturo, S.A.B. de C.V. 94 Grupo Qumma, S.A. de C.V. 95 Grupo Radio Centro, S.A.B. de C.V. 96 Grupo Sanborns, S.A.B. de C.V. 97 Grupo Simec, S.A.B. de C.V. 98 Grupo Sports World, S.A.B. de C.V. 99 Grupo Televisa, S.A.B. 100 Grupo Tmm, S.A. 101 Grupo Vasconia S.A.B. 102 Hilasal Mexicana S.A.B. de C.V. 103 Holding Monex, S.A.B. de C.V.
104 Hoteles City Express, S.A.B. de C.V. 105 Impulsora del Desarrollo y el Empleo en América Latina, S.A.B. de C.V. 106 Industria Automotriz, S.A. de C.V. 107 Industrias Bachoco, S.A.B. de C.V. 108 Industrias Ch, S.A.B. de C.V. 109 Industrias Peñoles, S. A.B. de C. V. 110 Infraestructura Energética Nova, S.A.B. de C.V. 111 INGEAL, S.A.B. de C.V. 112 Inmuebles Carso, S.A.B. de C.V. 113 Internacional de Cerámica, S.A.B. de C.V. 114 INVEX Controladora, S.A.B. de C.V. 115 Kimberly - Clark de México S.A.B. de C.V. 116 La Latinoamericana Seguros, S.A. 117 Maxcom Telecomunicaciones, S.A.B. de C.V. 118 Médica Sur, S.A.B. de C.V. 119 Megacable Holdings, S.A.B. de C.V. 120 Mexichem, S.A.B. de C.V. 121 Minera Frisco, S.A.B. de C.V. 122 Nacional Financiera, S.N.C., Institución de Banca de Desarrollo 123 Ohl México, S.A.B. de C.V. 124 Organización Cultiba, S.A.B. de Cv 125 Organización Soriana, S.A.B. de C.V. 126 Peña Verde S.A.B. 127 Procorp, S.A. de C.V., Sociedad de Inv. de Capital de Riesgo 128 Promotora Ambiental, S.A.B. de C.V. 129 Promotora y Operadora de Infraestructura, S.A.B. de C.V. 130 Proteak Uno, S.A.B. de C.V. 131 Q.B. Industrias, S.A. de C.V. 132 Quálitas Controladora, S.A.B. de C.V. 133 Real Turismo S.A. de C.V. 134 SanLuis Corporación, S.A.B. de C. V. 135 SARE Holding, S.A.B. de C.V. 136 Savia, S.A. de C.V. 137 Tekchem, S.A.B. de C.V. 138 Tenaris S.A. 139 The Bank Of New York Mellon, S.A., Institución de Banca Múltiple 140 Tv Azteca, S.A.B. de C.V. 141 Urbi Desarrollos Urbanos, S.A.B. de C.V. 142 Value Grupo Financiero, S.A.B. de C.V. 143 Vitro, S.A.B. de C.V. 144 Walmart de México, S.A.B. de C.V. Peruvian Stocks on MILA Market (242) 1 A.F.P. Integra S.A. 2 ACE Seguros S.A. Compañía de Seguros y Reaseguros 3 Administradora del Comercio S.A. 4 AFP Habitat S.A. 5 Agro Industrial Paramonga S.A.A. 6 Agro Pucala S.A.A. 7 Agroindustrial Laredo S.A.A. 8 Agroindustrias Aib S.A. 9 Agroindustrias San Jacinto S.A.A. 10 Agrokasa Holdings S.A. 11 Alicorp S.A.A. 12 Alturas Minerals Corp. 13 Ameral S.A.A. 14 Amerigo Resources Ltd. 15 Amérika Financiera S.A. 16 Andeangold Ltd. 17 Andino Investment Holding S.A.A. 18 Aseguradora Magallanes Perú S.A. Compañía de Seguros 19 Austral Group S.A.A. 20 Banco Azteca del Perú S.A. 21 Banco Cencosud S.A. 22 Banco de Comercio 23 Banco de Crédito del Perú 24 Banco Falabella Perú S.A. 25 Banco Financiero del Perú 26 Banco GNB Perú S.A. 27 Banco Interamericano de Finanzas S.A. Bif 28 Banco Internacional del Perú S.A.A. Interbank 29 Banco Ripley Perú S.A. 30 Banco Santander Perú S.A. 31 Bayer S.A. 32 BBVA Banco Continental 33 BNP Paribas Cardif S.A. Compañía de Seguros y Reaseguros 34 Bolsa de Valores de Lima S.A. 35 Braja Constructora Inmobiliaria S.A. 36 British American Tobacco del Perú Holdings S.A.A. (Bat Holdings S.A.A.) 37 Cartavio Sociedad Anónima Abierta (Cartavio S.A.A.) 38 Casa Grande Sociedad Anónima Abierta 39 Castrovirreyna Compañía Minera S.A. 40 Cavali S.A. I.C.L.V. 41 Cema Comunicaciones S.A. undergoing liquidation 42 Cementos Lima S.A. 43 Cementos Pacasmayo S.A.A. 44 Central Azucarera Chucarapi Pampa Blanca S.A. 45 Cervecería San Juan S.A. 46 Citibank del Perú S.A. Citibank Perú 47 Comercial del Acero S.A. 48 Compañía de Minas Buenaventura S.A.A. 49 Compañía de Seguros de Vida Cámara S.A. 50 Compañía Goodyear del Perú S.A. 51 Compañía Minera Atacocha S.A.A. 52 Compañía Minera Milpo S.A.A. 53 Compañía Minera Poderosa S.A. 54 Compañía Minera Raura S.A. 55 Compañía Minera San Ignacio de Morococha S.A.A. 56 Compañía Minera Santa Luisa S.A. 57 Compañía Universal Textil S.A. 58 Compañías de Minas Buenaventura S.A.A. 59 Compartamos Financiera S.A. 60 Compass - Pyme Investment Fund 61 Consorcio Cementero del Sur S.A. Concesur S.A. 62 Consorcio Industrial de Arequipa S.A.
135 63 Construcciones Electromecánicas Delcrosa 64 Coril Instrumentos de Corto y Mediano Plazo 1 Fondo de Inv 65 Coril Instrumentos de Corto y Mediano Plazo 2 Fondo de Inv 66 Coril Instrumentos de Corto y Mediano Plazo 4 Fondo de Inv 67 Coril Instrumentos Financieros 5 Investment Fund 68 Coril Instrumentos Financieros 7 Investment Fund 69 Corporación Aceros Arequipa S.A. 70 Corporación Cerámica S.A. 71 Corporación Cervesur S.A.A. 72 Corporación Financiera de desarrollo S.A. 73 Corporación Financiera de Inversiones S.A. 74 Corporación Funeraria S.A. 75 Corporación Lindley S.A. 76 Credicorp Capital Perú S.A.A. 77 Credicorp Ltd. 78 Crediscotia Financiera S.A. 79 Creditex S.A.A. 80 Desarrollos Siglo XXI S.A.A. 81 Deutsche Bank (Perú) S.A. 82 DIVISO Grupo Financiero S.A. 83 Dunas Energía S.A.A. 84 Duran Ventures Inc. 85 Edegel S.A.A. 86 Edelnor S.A.A. 87 El Pacífico Peruano Suiza Cía. de Seguros y Reaseguros 88 El Pacífico Vida Compañía de Seguros Y Reaseguros S.A. 89 Electro Dunas S.A.A. 90 Electro Puno S.A.A. 91 Electro Sur Este S.A.A. 92 Emp. Reg. de Serv. Público de Electr. Electronorte Medio S.A.- Hidrandina 93 Emp. Reg. de Serv. Público de Electricidad Electrosur S.A. 94 Empresa Agraria Azucarera Andahuasi S.A.A. 95 Empresa Agraria Chiquitoy S.A. - en Reestructuración 96 Empresa Agrícola Ganadera Salamanca S.A. 97 Empresa Agrícola La Unión S.A. 98 Empresa Agrícola San Juan S.A. 99 Empresa Agrícola Sintuco S.A. 100 Empresa Agroindustrial Cayalti S.A.A. 101 Empresa Agroindustrial Pomalca S.A.A. 102 Empresa Agroindustrial Tuman S.A.A. 103 Empresa Azucarera El Ingenio S.A. 104 Empresa de Generación Eléctrica del Sur 105 Empresa de Generación Eléctrica San Gaban S.A. 106 Empresa Editora El Comercio S.A. 107 Empresa Eléctrica de Piura S.A. 108 Empresa Electricidad del Perú Electroperú S.A. 109 Empresa Financiera Edyficar S.A. 110 Empresa Siderurgica del Perú S.A.A. 111 Energía del Pacífico S.A. 112 Enersur S.A. 113 Exsa S.A. 114 Fábrica de Hilados y Tejidos San Miguel S.A. 115 Fábrica Nacional de Acumuladores Etna S.A. 116 Fábrica Peruana Eternit S.A. 117 Factoring Total S.A. 118 Falabella Perú S.A.A. 119 Faro Capital Inmobiliario I Investment Fund 120 Ferreycorp S.A.A. 121 Filamentos Industriales S.A. 122 Financiera Confianza S.A.A. 123 Financiera Efectiva S.A. 124 Financiera Nueva Visión S.A. 125 Financiera Proempresa S.A. 126 Financiera Qapaq S.A. 127 Financiera TFC S.A. 128 Financiera Uno S.A. 129 Multirenta Inmobiliaria Investment Fund 130 Fortuna Silver Mines Inc. 131 Fosfatos del Pacífico S.A. Fospac S.A. 132 Futura Consorcio Inmobiliario S.A. 133 Generandes Peru S.A. 134 Gloria S.A. 135 GR Holdings S.A. 136 Graña y Montero S.A.A. 137 Hidrostal S.A. 138 Hipotecaria Sura EAH 139 ICBC Perú Bank S.A. 140 IFH Perú Ltd. 141 Indeco S.A. 142 Industria Textil Piura S.A. 143 Industrias del Envase S.A. 144 Industrias Electro Químicas S.A. Ieqsa 145 Inmobiliaria IDE S.A. 146 Inmobiliaria Milenia S.A. 147 Inmuebles Panamericana S.A. 148 Inretail Perú Corp. 149 Insur S.A. Compañía de Seguros 150 Intercorp Financial Services Inc. 151 Internacional de Títulos Sociedad Titulizadora S.A. 152 Interseguro Compañía de Seguros S.A. 153 Intradevco Industrial S.A. 154 Inversiones Aspi S.A. 155 Inversiones Centenario S.A.A. 156 Inversiones en Turismo S.A. Invertur 157 Inversiones Financieras del Perú S.A. 158 Inversiones La Rioja S.A. 159 Inversiones Nacionales de Turismo S.A. Intursa 160 Karmin Exploration Inc.
161 La Positiva Seguros y Reaseguros S.A. 162 La Positiva Vida Seguros y Reaseguros S.A. 163 Laive S.A. 164 Latina Holding S.A. 165 Leasing Perú S.A. 166 Leasing Total S.A. 167 Lima Caucho S.A. 168 Lima Gas S.A. 169 Los Portales S.A. 170 Luna Gold Corp. 171 Lupaka Gold Corp. 172 Luz del Sur S.A.A. 173 Maestro Perú S.A. 174 Manufactura de Metales y Aluminio Récord S.A. 175 Mapfre Perú Compañía de Seguros y Reaseguros S.A. 176 Mapfre Perú Vida Compañía de Seguros y Reaseguros 177 Maple Energy PLC 178 Mármoles y Granitos S.A. (MYGSA) 179 Metalúrgica Peruana S.A. Mepsa 180 MIBANCO Banco de la Micro Empresa S.A. 181 Michell y Cía. S.A. 182 Minera Andina de Exploraciones S.A.A. 183 Minera IRL Limited 184 Minsur S.A. 185 Mitsui Auto Finance Perú S.A. 186 Moche Inversiones S.A. 187 Motores Diesel Andinos S.A. 188 Negocios e Inmuebles S.A. 189 Norvial S.A. 190 Ohio National Seguros de Vida S.A. 191 Panoro Minerals Ltd. 192 Perú Holding de Turismo S.A.A. 193 Peruana de Energía S.A.A. 194 Peruana de Moldeados S.A. PAMOLSA 195 Perubar S.A. 196 Pesquera Exalmar S.A.A. 197 Petróleos del Perú Petroperú S.A. 198 Prima AFP S.A. 199 Profuturo A.F.P. 200 Protecta S.A. Compañía de Seguros 201 PVT Portafolio de Valores S.A. 202 Quimpac S.A. 203 Rayon Industrial S.A. 204 Reactivos Nacionales S.A. (Renasa) 205 Red Bicolor de Comunicaciones S.A.A. 206 Refinería La Pampilla S.A.A. - Relapa S.A.A. 207 Rigel Perú S.A. Compañía de Seguros de Vida 208 Rimac Internacional Compañía de Seguros y Reaseguros 209 Río Alto Mining Limited 210 Río Cristal Resources Corporation 211 Rokmaster Resources Corp. 212 Saga Falabella S.A. 213 Scotiabank Perú S.A.A. 214 Secrex Compañía de Seguros de Crédito y Garantías S.A. 215 Seguros Sura 216 Servicio de Agua Potable y Alcantarillado de Lima Sedapal 217 Shougang Generación Eléctrica S.A.A. 218 Shougang Hierro Perú S.A.A. 219 Sierra Metals Inc. 220 Sigma - Leasing Operativo - Leasop I Investment Fund 221 Sociedad Agrícola Fanupe Vichayal S.A. 222 Sociedad Eléctrica del Sur Oeste S.A. Seal 223 Sociedad Industrial de Artículos de Metal S.A.C. Siam 224 Sociedad Minera Cerro Verde S.A.A. 225 Sociedad Minera Corona S.A. 226 Sociedad Minera El Brocal S.A.A. 227 Solución Empresa Administradora Hipotecaria S.A. 228 Southern Perú Copper Corporation Sucursal del Perú 229 Sunset Cove Mining Inc. 230 Supermercados Peruanos S.A. Sp S.A. 231 Southern Copper Corporation 232 TC Siglo 21 S.A.A. 233 Telefónica del Perú S.A.A. 234 Telefónica Móviles S.A. 235 Textil San Cristóbal S.A. - undergoing liquidation 236 Tradi S.A. 237 Transacciones Financieras S.A. 238 Trevali Mining Corporation 239 Unión de Cervecerías Peruanas Backus y Johnston S.A.A. 240 Vena Resources Inc. 241 Volcán Compañía Minera S.A.A. 242 Zincore Metals Inc.
INVESTMENT FUND SHARE MARKET 125 ISSUERS 137 1 Aurus Insignia Investment Fund 2 Aurus Renta Inmobiliaria Investment Fund 3 BICE Energías Renovables Investment Fund 4 BICE Inmobiliario I Investment Fund 5 BICE Inmobiliario II Investment Fund 6 BICE Inmobiliario III Investment Fund 7 BTC Pactual Private Equity - KKR Investment Fund 8 BTG Pactual Crédito y Facturas Investment Fund 9 BTG Pactual Desarrollo Inmobiliario I Investment Fund 10 BTG Pactual Desarrollo Inmobiliario II Investment Fund 11 BTG Pactual Deuda Corporativa Chile Investment Fund 12 BTG Pactual Deuda Latinoamericana Investment Fund 13 BTG Pactual Deuda Total Investment Fund 14 BTG Pactual Global Optimization Investment Fund 15 BTG Pactual High Yield Latin America Investment Fund 16 BTG Pactual Private Equity - KKR Naxi Investment Fund 17 BTG Pactual Private Equity - NB CRXX Investment Fund 18 BTG Pactual Private Equity Investment Fund 19 BTG Pactual Private Equity II Investment Fund 20 BTG Pactual Private Equity III Investment Fund 21 BTG Pactual Private Equity IV Investment Fund 22 BTG Pactual Rentas Inmobiliarias Investment Fund 23 BTG Pactual Rentas Inmobiliarias II Investment Fund 24 BTG Pactual Small Cap Chile Investment Fund 25 Chile Small Cap Investment Fund 26 Compass Deuda Plus Investment Fund 27 Compass Private Equity III Investment Fund 28 Compass Private Equity IV Investment Fund 29 Compass Private Equity V Investment Fund 30 Compass Private Equity VII Investment Fund 31 Compass Private Equity X Investment Fund 32 Compass Small Cap Chile Investment Fund 33 Euroamérica Small Cap Chile Investment Fund 34 Asset Rentas Residenciales Investment Fund 35 Banchile Inmobiliario IV Investment Fund 36 Banchile Inmobiliario V Investment Fund 37 Banchile Inmobiliario VI Investment Fund 38 Banchile Inmobiliario VII Investment Fund 39 Banchile Plusvalía Eficiente Investment Fund 40 Banchile Rentas Inmobiliarias I Investment Fund 41 BCI Desarrollo Inmobiliario Investment Fund, undergoing liquidation 42 Bío Bío Investment Fund 43 Chile Blend Investment Fund 44 Compass Private Equity Partners Investment Fund 45 Desarrollo de Empresas Citicorp Chile Investment Fund 46 Desarrollo de Empresas Las Américas Emergente Investment Fund 47 Desarrollo Inmobiliario 2006 Investment Fund 48 Ecus AXA LBO Fund V Investment Fund 49 EuroAmerica Investments High Yield Investment Fund 50 Forestal Lignum Investment Fund, undergoing liquidation 51 ifund MSCI Brazil Small Cap Index Investment Fund 52 IM Trust - Patio Comercial I Investment Fund, class A and B 53 IM Trust Inmobiliario-Aconcagua I Investment Fund 54 IM Trust Inmobiliario-Aconcagua II Investment Fund 55 IM Trust Private Equity - PG Direct I Investment Fund 56 IM Trust Private Equity - PG Direct II Investment Fund 57 IM Trust Private Equity - PG Secondaries I Investment Fund 58 IMT E Plus Investment Fund 59 IMT Private Equity AP I Investment Fund 60 IMT RF Latam Investment Fund 61 IMT Spread Corporativo Local Investment Fund, class B, D, E and I 62 IMT Trading Deuda Local Investment Fund 63 Independencia Rentas Inmobiliarias Investment Fund 64 Inmobiliaria Cimenta-Expansión Investment Fund 65 Inmobiliaria Fundación Investment Fund 66 Inmobiliaria Las Américas-Raíces Investment Fund 67 Inmobiliaria Santander Mixto Investment Fund 68 Inversiones Hoteleras Investment Fund 69 LarrainVial - BEAGLE Investment Fund 70 LarrainVial - Brazil Small Cap Investment Fund 71 LarrainVial BCP Investment Fund 72 LarrainVial Capitalizacion I Investment Fund 73 LarrainVial Court Square Investment Fund 74 LarrainVial Deuda Con Subsidio Habitacional Investment Fund 75 LarrainVial Deuda con Subsidio Habitacional II Investment Fund, class A and X 76 LarrainVial Deuda Corporativa Investment Fund 77 LarrainVial Deuda Latam High Yield Investment Fund 78 LarrainVial Dover Investment Fund 79 LarrainVial Harbourvest EX-US Investment Fund 80 LarrainVial Harbourvest-US Investment Fund 81 LarrainVial Infraestructura Activa I Investment Fund 82 LarrainVial Pomona Investment Fund 83 LarrainVial Cordillera Investment Fund 84 LarrainVial Falcom Renta Fija México Investment Fund 85 LarrainVial Magallanes II Investment Fund 86 Latam Small - Mid Cap Investment Fund 87 Llaima Investment Fund, undergoing liquidation 88 Nevasa HMC CIP VI Investment Fund 89 Nevasa HMC CVC Investment Fund 90 Nevasa HMC PNTN Investment Fund 91 Nevasa HMC Renta Fija Local Investment Fund, class A, B and N 92 Nueva Energía I Investment Fund 93 Picton - Apollo COF III Investment Fund 94 Picton - Apollo VIII Investment Fund 95 Picton WP Investment Fund 96 Prime-Infraestructura Investment Fund 97 Público Infraestructura Global Investment Fund 98 Santander Plusvalía Investment Fund, undergoing liquidation
99 Santander Small Cap Investment Fund 100 Security Oaktree Opportunities Investment Fund 101 Security Oaktree Principal Fund Investment Fund 102 SURA Renta Inmobiliaria Investment Fund 103 IM Trust Quant SVM Investment Fund 104 Linzor BICE Private Equity II Investment Fund 105 MBI Arbitrage Investment Fund 106 MBI Best Ideas Latam Investment Fund 107 MBI Global Investment Fund 108 MBI Renta Fija Plus Dólar Investment Fund 109 MBI Renta Fija Plus Investment Fund, class A, B and C 110 Moneda - Alpinvest Investment Fund 111 Moneda - Carlyle Investment Fund 112 Moneda Deuda Latinoamericana Investment Fund 113 Moneda Latinoamérica Deuda Local Investment Fund 114 Moneda Patagonia Investment Fund, class A, B, C, D and E 115 Moneda Renta CLP Investment Fund 116 Moneda Renta Variable Chile Investment Fund 117 Moneda Small Cap Latinoamérica Investment Fund 118 Penta Fixed Income Latam Investment Fund 119 Penta Fixed Income Latam Investment Fund 120 Penta Retorno Latinoamérica Investment Fund 121 Picton - American Scurities Partners VII Investment Fund 122 Pionero Investment Fund 123 Siglo XXI Mobiliaria Investment Fund 124 Toesca Investment Fund undergoing liquidation 125 Vision Rogge Global Income Investment Fund MUTUAL FUND MARKET 9 ISSUERS 1 ETF IT Now Ipsa Mutual Fund 2 BCI Small & Mid Cap Ltam Mutual Fund, class AP, BP, C and I 3 Bice EE.UU. Mutual Fund 4 Corp Bonos Corporativos Mutual Fund, class X and I 5 Corp Depósitos Mutual Fund, class X and Y 6 Deuda Corporativa 3-5 Años Tax Advantage Mutual Fund 7 Europe Equity Tax Advantage Mutual Fund 8 IM Trust Índice Chile Mutual Fund 9 USA Equity Tax Advantage Mutual Fund
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