ETFX Participants*

*ETF Exchange Participants act as Approved Participants and Swap Providers, leveraging each Bank’s regional strengths.

ETFX Janney Global Water Fund

Investment Objective Fund Facts

ETFX Janney Global Water Fund is designed to track the performance Trading Normal Exchange hours
of the Janney Global Water IndexSM . NAV Approx 1/100 of the index
Base currency USD (no hedge)

About Exchange Traded Funds (ETFs) Trading currency GBX USD

Minimum investment 1 unit
ETFs combine the advantages of stocks (tradability and liquidity) and
Security codes
index funds into one product. With ETFs it is possible to achieve
Listing London London
exposure to an Index in one simple transaction in the same way as
trading any security listed on the stock exchange. ETFs can be created Currency GBX USD
or redeemed on demand (by market-makers). Exchange Code WATP WATE
ISIN IE00B3CNHB79 IE00B3CNHB79
SEDOL B3DWRG8 B3CJTY2
About the Index
Commencement date 5th November 08
The Janney Global Water IndexSM, is composed of approximately 60 Reuters Bloomberg
global water utilities and companies engaged in water infrastructure iNav .INWTE INWTE
and technology development. The index includes only those companies
that are significant participants in the global water industry. LSE £ WATP.L WATP LN
LSE $ WATE.L WATE LN
Other Listings NYSE Euronext, ISE, Deutsche Börse
(Xetra), Borsa Italiana
Index Growth of US$100 (from 01/07/2005 to 30/06/2010)

250
Security Features
Janney Water
S&P 500 Index Janney Global Water IndexSM
Dow Jones STOXX 50
Promoter ETF Securities Ltd
MSCI World
200
Issuer ETFS Fund Company Plc
Registrar Computershare
TER 0.65%
150 Entry/Exit fees None when traded on exchange
Legal Form Exchange traded fund
Dividends Dividends are capitalised
100 UCITS 3 Yes
ISA/SIPP/CTF (UK) Yes
Domicile Ireland

50 EU Passport Ireland, UK, The Netherlands, Germany, Italy

and France.
Jun-05 Jun-06 Jun-07 Jun-08 Jun-09 Jun-10

Performance Figures (Cumulative performance, in USD)

Janney Water S&P 500 DJ STOXX 50 MSCI World

5 Years 49.4% 8.2% 12.6% 6.0%

Index Information
3 Years -14.1% -17.2% -26.9% -28.3%
Exposure Global Equities
YTD 0.0% 0.0% 0.0% -12.1%
Number of components 60
The graph and the table above show the performance of the underlying index and not the fund. Returns are cumulative not annualised. Currency USD
The ETFX fund tracks the performance of the above index subject to management fees and tracking error. Past Performance is not a
reliable indicator of future results. Source: Bloomberg, as at 30/06/2010 Bloomberg JGITR
Reuters .JGITR
Top Ten Holdings
Index provider J-NET Global Indexes, LLC
www.janneywaterindexes.com
1 Veolia Environnement 10.0% France
2 ITT Corporation 7.0% Usa
3 Suez Environment SA 6.9% France
4 Doosan Heavy Indust &Construct 5.6% Korea
5 Geberit AG Reg 5.4% Switzerland
6 United Utilities Group Plc 4.6% Uk
7 Cia de Saneamento Basico Es de S Paulo
4.0%
ADR Brazil
8 Severn Trent 3.7% Uk
9 Pall Corp 3.4% Usa
10 Kurita Water Industries 3.1% Japan
Funds Holdings subject to change
Source: Janney, as at 30-Jun-10

Tel: +44 20 7448 4330 - [email protected] www.etfsecurities.com

ETFX Participants*

*ETF Exchange Participants act as Approved Participants and Swap Providers, leveraging each Bank’s regional strengths.

Sector Allocation of the Index For More Information

Source: Janney, as at 30-Jun-10 www.etfsecurities.com

www.londonstockexchange.com
www.ise.ie/etfs
www.euronext.com

Utilities
www.deutsche-boerse.com
48%
Technology
52%

About ETF Exchange (ETFX)

ETF Exchange is the world’s first 3rd Generation ETF Platform offering investors access to low cost swap backed ETFs with credit
diversification across a number of participants rather than reliance on a single bank. As the banks, APs and market makers compete
for business, true liquidity and competition is created.

Third generation ETFs meet investor demands for increased levels of transparency, liquidity and counterparty risk management.
Third Generation ETFs provide diversified index replication across a consortium of the strongest financial players and concentrate
liquidity within a single platform.

ETF Securities pioneered the development of ETCs, with the world's first listing of an ETC, Gold Bullion Securities in Australia and
London in 2003 and then the world's first entire ETC platform which was listed on the London Stock Exchange in September 2006.
ETF Securities now offers more than 200 Exchange Traded Products (ETPs). The ETPs provide investors with a wide variety of
investment strategies, with ETPs offering access to asset classes such as equities, currencies and commodities with physical, long,
forward, leveraged and short exposure.

Disclaimer - Risk Warnings: ETFS Fund Company public limited company (the “Company”) is an open-ended investment company with variable capital having segregated liability between
its sub-funds (each a “Fund”) and is organised under the laws of Ireland as a public limited company. The Company has been authorised by the Financial Regulator as a UCITS pursuant to
the European Communities (Undertaking for Collective Investment in Transferable Securities) Regulations, 2003 and shall issue a separate class of shares (the “Shares”) representing each
Fund. Further information in relation to a particular Fund can be found in the latest prospectus of the Company which should be read in conjunction with the relevant fund supplement
(together the “Prospectus”). An investment in Shares of a particular Fund may or may not be suitable for a particular investor. The Company does not guarantee the performance of the
Shares of a Fund. The price of Shares may go up or down and an investor may not get back the amount invested. The Shares are priced in the base currency of the relevant Fund and so the
value of the investment in other currencies will be affected by exchange rate movements. To the extent Shares are traded in other currencies, their value may also be affected by exchange
rate movements. Restricted Investors: The information in this document is designed solely for use in the Republic of Ireland, the Netherlands the United Kingdom and Germany and
complies with the regulatory requirements of these jurisdictions only, and is not intended for residents of any other countries. The distribution of the Prospectus and the offering, sale and
delivery of Shares in other jurisdictions may be restricted by law. This document is furnished for the private information of the recipient and must not be copied, given or shown to any other
person. Any subscription for Shares should be made on the basis of the Prospectus. Shares will not be registered under the United States Securities Act of 1933 or qualified under any
applicable state securities statutes. The Company will not be registered as an investment company under the US Investment Company Act of 1940. For Dutch investors: The Prospectus has
been registered with the Authority Financial Markets (Autoriteit Financiële Markten) and may be distributed to investors in the Netherlands. Copies of all documents (i.e. the Prospectus, the
simplified prospectus, the latest previous annual reports and the memorandum of incorporation and the articles of association) are available in the Netherlands, free of charge, by calling the
Dutch Paying Agent, Fortis Bank (Nederland) N.V. on +31 20 527 2467 or faxing a request to +31 20 527 1928. For United Kingdom investors: The Company is a recognised scheme under
section 264 of the Financial Services and Markets Act 2000 and so the Prospectus may be distributed to investors in the United Kingdom. Copies of all documents (i.e. the Prospectus, the
simplified prospectus, the latest previous annual reports and the memorandum of incorporation and the articles of association) are available in the United Kingdom, by contacting the UK
Facilities Agent, C7PLUS LLP, on +44 207 448 4337. For German investors: The offering of the Shares has been notified to the German Financial Services Supervisory Authority in accordance
with section 132 of the German Investment Act. The Prospectus, the Fund Schedule Supplement, the Fund Supplements, the Simplified Prospectuses, copies of the Memorandum and Articles
of Association of the Company as well as the annual and semi-annual report can be obtained free of charge upon request at the Paying and Information Agent in Germany, HSBC Trinkaus &
Burkhardt AG, Königsallee 21-23, 40212 Düsseldorf. The current offering and redemption prices as well as the net asset value and possible notifications of the investors can also be requested
free of charge at HSBC. In Germany the shares will be settled as co-owner shares in a Global Bearer certificate issued by Clearstream Banking AG. This type of settlement only occurs in
Germany because there is no direct link between the English and German clearing and settlement systems Crest and Clearstream. For this reason the ISIN used for trading of the shares in
Germany differs from the ISIN used in other countries. Disclaimer: Any investment in Shares carries with it certain risks, including those risks set out in the Prospectus. You should obtain
your own independent financial, taxation and legal advice before making any decisions about any investment in Shares. This information is not an offer of Shares and should not be used as
the basis for any investment decision. The Shares are listed on the Irish Stock Exchange, the London Stock Exchange and Euronext Amsterdam, Frankfurter Wertpapierbörse and you may
purchase Shares on these exchanges (or any other exchanges on which the Shares are listed from time to time). This information is issued by the Company and does not constitute financial
product advice. The Company does not guarantee the performance of Shares of a Fund and does not accept any responsibility for any omissions or inaccuracies in this document, which it
believes to be correct at the time of issue. Index Disclaimers: The ETFX Janney Global Water Fund is not sponsored, endorsed, sold or promoted by J-NET Global Indexes, LLC, (“J-NET”). J-
NET makes no representation or warranty, express or implied, to the Shareholders of the Company or any member of the public regarding the advisability of investing in securities generally
or in the ETFX Janney Global Water Fund particularly or the ability of the Janney Global Water IndexSM to track the performance of the securities market. J-NET’s only relationship to the
Company is the licensing of certain service marks and trade names of J-NET and of the Janney Global Water IndexSM to the Company’s Promoter, which service marks and trade names are
determined, composed and calculated by J-NET without regard to the ETFX Janney Global Water Fund. J-NET has no obligation to take the needs of the ETFX Janney Global Water Fund or its
Shareholders into consideration in determining, composing or calculating the Janney Global Water IndexSM. J-NET is not responsible for and has not participated in the determination of the
prices at which Shares of the ETFX Janney Global Water Fund are issued. J-NET has no obligation or liability in connection with the administration, marketing or trading of the ETFX Janney
Global Water Fund. J-NET DOES NOT GUARANTEE THE ACCURACY AND/OR THE COMPLETENESS OF THE JANNEY GLOBAL WATER INDEXSM OR ANY DATA INCLUDED THEREIN AND J-NET
SHALL HAVE NO LIABILITY FOR ANY ERRORS, OMISSIONS, OR INTERRUPTIONS THEREIN. J-NET MAKES NO WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY THE
ETFX JANNEY GLOBAL WATER FUND, ITS SHAREHOLDERS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE JANNEY GLOBAL WATER INDEXSM OR ANY DATA INCLUDED THEREIN.
J-NET MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH
RESPECT TO THE JANNEY GLOBAL WATER INDEXSM OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL J-NET HAVE ANY LIABILITY FOR
ANY SPECIAL, PUNITIVE, INDIRECT, OR CONSEQUENTIAL DAMAGES (INCLUDING LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES. A list of all Funds of the
Company currently authorised by the Financial Regulator is contained in the Fund Schedule Supplement. Historical Performance Disclaimer: Certain of the historical performance included
in this document is based on backtesting, i.e. calculations of how the index might have performed in the past if it had existed. Backtested performance information is purely hypothetical and
is provided in this document solely for informational purposes. Backtested data does not represent actual performance and should not be interpreted as an indication of actual performance of
the Index or the Fund. Index performance does not reflect the total expense ratio, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index.
Regulated by the Jersey Financial Services Commission. None of, BofA Merrill Lynch, Barclays Capital, Citi, or Rabobank International accept any responsibility or liability for the content of
this communication.

Tel: +44 20 7448 4330 - [email protected] www.etfsecurities.com