FTSE Russell Factsheet

FTSE Emerging Markets China A Inclusion

Data as at: 31 October 2019

Indexes FEATURES

bmkTitle1 Objective
The FTSE Global China A Inclusion Index Series contains two emerging markets indexes that
The indexes are designed for the creation of
include China A Shares at a weighting equivalent to total R/QFII allocations. The FTSE Emerging
index tracking funds, derivatives and as a
Markets China A Inclusion Index comprises Large and Mid Cap constituents. The FTSE Emerging
Markets All Cap China A Inclusion Index comprises the Large, Mid and Small Cap constituents. performance benchmark.

Investability
The A Share weighting in both indexes will grow as total R/QFII allocations increase.
Stocks are selected and weighted to ensure
5-Year Performance - Total Return that the index is investable.
(USD)
Liquidity
140
130 Stocks are screened to ensure that the index
120 is tradable.
110
Transparency
100
90
Index methodologies are freely available on
80 the FTSE Russell website.
70 Availability
Oct-2014 Oct-2015 Oct-2016 Oct-2017 Oct-2018 Oct-2019
Data as at month end The index is calculated based on price and
FTSE Emerging Markets China A Inclusion FTSE Emerging total return methodologies at end of day.
FTSE Emerging Markets All Cap China A Inclusion FTSE Emerging All Cap Net Total Return indexes are also calculated.

Industry Classification Benchmark

Performance and Volatility - Total Return (ICB)
Index (USD) Return % Return pa %* Volatility %** Index constituents are categorized in
3M 6M YTD 12M 3YR 5YR 3YR 5YR 1YR 3YR 5YR accordance with the Industry Classification
FTSE Emerging Markets China A Benchmark (ICB), the global standard for
0.9 -0.7 12.9 14.4 23.2 17.6 7.2 3.3 12.1 14.1 15.4
Inclusion
industry sector analysis.
FTSE Emerging 0.8 -0.6 12.4 14.0 24.2 17.9 7.5 3.3 12.0 14.2 15.3

FTSE Emerging Markets All Cap China

0.8 -0.6 12.9 14.6 21.6 16.7 6.7 3.1 11.9 13.8 15.2
A Inclusion

FTSE Emerging All Cap 0.9 -0.4 12.4 14.2 23.3 17.6 7.2 3.3 11.8 13.9 15.0

* Compound annual returns measured over 3 and 5 years respectively

** Volatility – 1YR based on 12 months daily data. 3YR based on weekly data (Wednesday to Wednesday). 5YR based on monthly data

Year-on-Year Performance - Total Return

Index % (USD) 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
FTSE Emerging Markets China A
82.6 19.5 -19.0 17.8 -3.5 2.9 -14.3 11.6 32.0 -13.8
Inclusion

FTSE Emerging 82.6 19.8 -19.0 17.9 -3.5 1.6 -15.2 13.5 32.5 -13.0

FTSE Emerging Markets All Cap

85.6 20.0 -19.8 18.5 -2.8 3.0 -13.3 10.7 31.5 -14.5
China A Inclusion

FTSE Emerging All Cap 85.4 20.4 -19.8 18.6 -2.9 1.6 -14.7 12.9 32.5 -13.6

Source: FTSE Russell as at 31 October 2019. Past performance is no guarantee of future results. 1 of 5
Returns shown before the index launch date reflect hypothetical historical performance. Please see disclaimer for important legal information.
FTSE Emerging Markets China A Inclusion Indexes Data as at: 31 October 2019

Return/Risk Ratio and Drawdown - Total Return INFORMATION

Index (USD) Return/Risk Ratio Drawdown (%)
Index Universe
1YR 3YR 5YR 10YR 1YR 3YR 5YR 10YR
FTSE Emerging Markets All Cap Index and
FTSE Emerging Markets China A Inclusion 1.1 0.5 0.2 0.2 -9.4 -24.7 -35.1 -35.1
FTSE China A All Cap Index
FTSE Emerging 1.1 0.6 0.2 0.3 -9.1 -24.2 -34.9 -35.7

FTSE Emerging Markets All Cap China A Index Launch

1.2 0.5 0.2 0.3 -9.4 -25.1 -34.3 -34.3
Inclusion
26 May 2015
FTSE Emerging All Cap 1.2 0.6 0.2 0.3 -9.1 -24.4 -34.1 -34.9
Base Date
Return/Risk Ratio – based on compound annual returns and volatility in Performance and Volatility table
Drawdown - based on daily data
30 December 2005

Base Value
Top 10 Constituents
1000
Constituent Country ICB Supersector Net MCap (USDm) Wgt %
Alibaba Group Holding ADS (N Shares) China Retail 252,652 4.92 Investability Screen
Taiwan Semiconductor Manufacturing Taiwan Technology 235,330 4.58 Actual free float applied and liquidity
Tencent Holdings (P Chip) China Technology 233,378 4.55 screened
China Construction Bank (H) China Banks 75,155 1.46
Index Calculation
Reliance Industries India Oil & Gas 64,126 1.25
End-of-day
Ping An Insurance (H) China Insurance 63,355 1.23

Naspers South Africa Technology 61,450 1.20

End-of-Day Distribution

Industrial and Commercial Bank of China (H) China Banks 56,224 1.10 Via FTP and email
Housing Development Finance India Financial Services 51,741 1.01 Currency
China Mobile (Red Chip) China Telecommunications 43,035 0.84
USD, EUR, GBP, JPY, AUD, CNY
Totals 1,136,445 22.13
Review Dates
ICB Supersector Breakdown Reviewed semi-annually in March and
FTSE Emerging Markets China A FTSE Emerging September
Inclusion

ICB Code ICB Supersector No. of Net MCap (USDm) Wgt % No. of Net MCap (USDm) Wgt %
Cons Cons

0500 Oil & Gas 67 436,029 8.49 65 434,857 8.61

1300 Chemicals 82 117,900 2.30 74 115,402 2.28

1700 Basic Resources 137 219,316 4.27 128 215,035 4.26

2300 Construction & Materials 77 116,142 2.26 73 112,967 2.24

2700 Industrial Goods & Services 294 291,465 5.68 266 278,716 5.52

3300 Automobiles & Parts 67 82,565 1.61 62 79,891 1.58

3500 Food & Beverage 97 192,414 3.75 94 182,951 3.62

3700 Personal & Household Goods 95 151,901 2.96 85 148,204 2.93

4500 Health Care 126 149,021 2.90 118 142,862 2.83

5300 Retail 85 536,223 10.44 81 534,789 10.58

5500 Media 34 25,894 0.50 27 24,390 0.48

5700 Travel & Leisure 46 65,652 1.28 46 64,317 1.27

6500 Telecommunications 48 225,655 4.39 48 225,219 4.46

7500 Utilities 102 153,167 2.98 97 150,372 2.98

8300 Banks 150 927,390 18.06 148 915,966 18.13

8500 Insurance 35 208,462 4.06 35 204,827 4.05

8600 Real Estate 115 185,421 3.61 111 181,983 3.60

8700 Financial Services 100 216,897 4.22 99 212,318 4.20

9500 Technology 128 833,023 16.22 123 827,597 16.38

Totals 1885 5,134,536 100.00 1780 5,052,664 100.00

Source: FTSE Russell as at 31 October 2019. Past performance is no guarantee of future results. 2 of 5
Returns shown before the index launch date reflect hypothetical historical performance. Please see disclaimer for important legal information.
FTSE Emerging Markets China A Inclusion Indexes Data as at: 31 October 2019

ICB Supersector Breakdown

FTSE Emerging Markets All Cap China FTSE Emerging All Cap
A Inclusion

ICB Code ICB Supersector No. of Net MCap (USDm) Wgt % No. of Net MCap (USDm) Wgt %
Cons Cons

0500 Oil & Gas 106 445,217 7.86 94 443,677 7.99

1300 Chemicals 228 140,278 2.47 159 134,830 2.43

1700 Basic Resources 239 237,744 4.19 187 231,086 4.16

2300 Construction & Materials 216 143,403 2.53 180 138,694 2.50

2700 Industrial Goods & Services 744 386,045 6.81 522 364,020 6.56

3300 Automobiles & Parts 139 96,765 1.71 104 92,832 1.67

3500 Food & Beverage 199 217,380 3.84 169 206,001 3.71

3700 Personal & Household Goods 239 182,024 3.21 192 176,326 3.18

4500 Health Care 269 181,521 3.20 216 172,364 3.10

5300 Retail 184 560,676 9.89 146 557,972 10.05

5500 Media 70 30,942 0.55 41 28,506 0.51

5700 Travel & Leisure 103 82,660 1.46 90 80,890 1.46

6500 Telecommunications 59 228,794 4.04 56 228,130 4.11

7500 Utilities 179 175,263 3.09 154 171,461 3.09

8300 Banks 191 948,353 16.73 188 936,825 16.87

8500 Insurance 46 214,371 3.78 46 210,736 3.80

8600 Real Estate 280 241,335 4.26 241 236,314 4.26

8700 Financial Services 155 238,896 4.21 152 234,263 4.22

9500 Technology 372 916,231 16.17 309 906,718 16.33

Totals 4018 5,667,896 100.00 3246 5,551,643 100.00

Country Breakdown
FTSE Emerging Markets China A Inclusion FTSE Emerging

Country No. of Cons Net MCap (USDm) Wgt % No. of Cons Net MCap (USDm) Wgt %

Brazil 77 451,669 8.80 77 451,669 8.94

Chile 21 49,292 0.96 21 49,292 0.98

China 1101 1,877,833 36.57 996 1,795,962 35.54

Colombia 11 25,700 0.50 11 25,700 0.51

Czech Rep. 4 8,286 0.16 4 8,286 0.16

Egypt 6 10,185 0.20 6 10,185 0.20

Greece 9 18,446 0.36 9 18,446 0.37

Hungary 4 17,935 0.35 4 17,935 0.35

India 152 557,895 10.87 152 557,895 11.04

Indonesia 32 109,921 2.14 32 109,921 2.18

Kuwait 10 42,904 0.84 10 42,904 0.85

Malaysia 45 133,336 2.60 45 133,336 2.64

Mexico 39 149,961 2.92 39 149,961 2.97

Pakistan 4 1,991 0.04 4 1,991 0.04

Peru 1 3,250 0.06 1 3,250 0.06

Philippines 25 67,249 1.31 25 67,249 1.33

Qatar 19 60,436 1.18 19 60,436 1.20

Russia 32 233,507 4.55 32 233,507 4.62

Saudi Arabia 42 109,982 2.14 42 109,982 2.18

South Africa 72 287,016 5.59 72 287,016 5.68

Taiwan 91 660,347 12.86 91 660,347 13.07

Thailand 47 175,579 3.42 47 175,579 3.47

Turkey 26 32,783 0.64 26 32,783 0.65

UAE 15 49,033 0.95 15 49,033 0.97

Totals 1885 5,134,536 100.00 1780 5,052,664 100.00

Source: FTSE Russell as at 31 October 2019. Past performance is no guarantee of future results. 3 of 5
Returns shown before the index launch date reflect hypothetical historical performance. Please see disclaimer for important legal information.
FTSE Emerging Markets China A Inclusion Indexes Data as at: 31 October 2019

Country Breakdown
FTSE Emerging Markets All Cap China A
FTSE Emerging All Cap
Inclusion

Country No. of Cons Net MCap (USDm) Wgt % No. of Cons Net MCap (USDm) Wgt %

Brazil 129 486,498 8.58 129 486,498 8.76

Chile 33 53,847 0.95 33 53,847 0.97

China 2304 2,001,848 35.32 1532 1,885,595 33.96

Colombia 13 27,177 0.48 13 27,177 0.49

Czech Rep. 5 8,542 0.15 5 8,542 0.15

Egypt 18 12,976 0.23 18 12,976 0.23

Greece 21 22,926 0.40 21 22,926 0.41

Hungary 5 18,211 0.32 5 18,211 0.33

India 307 614,587 10.84 307 614,587 11.07

Indonesia 69 125,447 2.21 69 125,447 2.26

Kuwait 17 46,024 0.81 17 46,024 0.83

Malaysia 86 152,769 2.70 86 152,769 2.75

Mexico 59 162,404 2.87 59 162,404 2.93

Pakistan 22 6,593 0.12 22 6,593 0.12

Peru 1 3,250 0.06 1 3,250 0.06

Philippines 39 75,514 1.33 39 75,514 1.36

Qatar 21 61,199 1.08 21 61,199 1.10

Russia 43 236,216 4.17 43 236,216 4.25

Saudi Arabia 79 116,878 2.06 79 116,878 2.11

South Africa 114 300,091 5.29 114 300,091 5.41

Taiwan 418 831,491 14.67 418 831,491 14.98

Thailand 118 211,811 3.74 118 211,811 3.82

Turkey 75 40,819 0.72 75 40,819 0.74

UAE 22 50,775 0.90 22 50,775 0.91

Totals 4018 5,667,896 100.00 3246 5,551,643 100.00

Index Characteristics
Attributes FTSE Emerging FTSE Emerging FTSE Emerging FTSE Emerging
Markets China A Markets All Cap All Cap
Inclusion China A Inclusion
Number of constituents 1885 1780 4018 3246

Net MCap (USDm) 5,134,536 5,052,664 5,667,896 5,551,643

Dividend Yield % 2.97 2.98 2.98 3

Constituent Sizes (Net MCap USDm)

Average 2,724 2,839 1,411 1,710

Largest 252,652 252,652 252,652 252,652

Smallest 22 16 7 7

Median 667 726 232 339

Weight of Largest Constituent (%) 4.92 5 4.46 4.55

Top 10 Holdings (% Index MCap) 22.13 22.49 20.05 20.47

31 October 2019

Source: FTSE Russell as at 31 October 2019. Past performance is no guarantee of future results. 4 of 5
Returns shown before the index launch date reflect hypothetical historical performance. Please see disclaimer for important legal information.
FTSE Emerging Markets China A Inclusion Indexes Data as at: 31 October 2019

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Source: FTSE Russell as at 31 October 2019. Past performance is no guarantee of future results. 5 of 5
Returns shown before the index launch date reflect hypothetical historical performance. Please see disclaimer for important legal information.