August 2022 FTSE Russell

Country Details

5–1
FTSE All-World Review August 2022

Country Details – Table of Contents

FTSE Country Details

Section – Page No.
5-3 Australia
5-8 Austria
5-10 Belgium & Luxembourg
5-13 Brazil
5-18 Canada
5-22 Chile
5-25 China
5-47 Colombia
5-49 Czech Republic
5-51 Denmark
5-54 Egypt
5-56 Finland
5-59 France
5-64 Germany
5-69 Greece
5-71 Hong Kong, China
5-76 Hungary
5-78 India
5-85 Indonesia
5-89 Ireland
5-91 Israel
5-95 Italy
5-99 Japan
5-110 Korea
5-116 Kuwait
5-118 Malaysia
5-122 Mexico
5-126 Netherlands
5-130 New Zealand
5-133 Norway
5-136 Pakistan
5-138 Philippines
5-141 Poland
5-144 Portugal
5-146 Qatar
5-149 Romania
5-152 Russia
5-155 Saudi Arabia
5-159 Singapore
5-162 South Africa
5-166 Spain
5-169 Sweden
5-173 Switzerland
5-177 Taiwan
5-182 Thailand
5-186 Turkey
5-189 United Arab Emirates
5-192 UK
5-197 USA
5-210 Index Changes

5–2
August 2022 FTSE Russell

Australia - Overview WORLD/DEVELOPED

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
OZ Minerals Ltd Industrial Metals and Mining 25.72 36.16 Whitehaven Coal Oil Gas and Coal 7.96 214.62
Pilbara Minerals Industrial Metals and Mining 3.65 31.77 Woodside Energy Grou Oil Gas and Coal 34.25 75.73
Whitehaven Coal Oil Gas and Coal 7.96 28.18 Pilbara Minerals Industrial Metals and Mining 3.65 63.68
Allkem Industrial Metals and Mining 13.91 23.32 Beach Energy Oil Gas and Coal 1.71 62.86
IGO Industrial Metals and Mining 13.44 21.74 Allkem Industrial Metals and Mining 13.91 51.69

Bendigo and Adelaide Banks 9.04 -12.23 Tabcorp Holdings Travel and Leisure 0.96 -54.05
Domino's Pizza Enter Travel and Leisure 63.55 -12.27 Platinum Asset Mange Investment Banking & Brokerage 1.79 -55.15
ADBRI Construction and Materials 2.21 -12.65 Domino's Pizza Enter Travel and Leisure 63.55 -59.46
TPG Telecom Telecommunications Service Prov. 5.35 -15.62 Appen Software and Computer Services 3.73 -65.27
Appen Software and Computer Services 3.73 -35.69 Magellan Financial G Investment Banking & Brokerage 13.02 -69.96

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
BHP Group Industrial Metals and Mining 40.60 11.04 0.53 Woodside Energy Grou Oil Gas and Coal 34.25 3.50 0.81
Woodside Energy Grou Oil Gas and Coal 34.25 3.50 0.23 Natl Australia Bank Banks 30.59 5.32 0.48
Pilbara Minerals Industrial Metals and Mining 3.65 0.52 0.13 Santos Oil Gas and Coal 7.89 1.31 0.27

Country Details
OZ Minerals Ltd Industrial Metals and Mining 25.72 0.45 0.12 South32 Industrial Metals and Mining 4.15 1.04 0.26
Santos Oil Gas and Coal 7.89 1.31 0.10 Whitehaven Coal Oil Gas and Coal 7.96 0.37 0.24

Transurban Group Industrial Transportation 13.96 2.32 -0.09 CSL Pharmaceuticals & Biotechnology 293.54 7.63 -0.46
Woolworths Group Personal Care, Drug & Grocery St. 36.09 2.37 -0.09 Wesfarmers Retailers 47.01 2.88 -0.65
Goodman Group Real Estate Investment Trusts 19.67 1.95 -0.10 Aust & NZ Banking Gr Banks 22.83 3.68 -0.69
ASX Investment Banking & Brokerage 78.45 0.82 -0.10 Afterpay Support Services Del Del -0.82
Commonwealth Bank of Banks 97.47 9.00 -0.31 Westpac Banking Corp Banks 21.61 4.07 -0.83

FTSE Australia Index Performance % FTSE Australia Index Volatility %

130 90
80
120
70
110 60
50
100
40
90 30

5–3
20
80
10
70 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–3
FTSE All-World Review August 2022

Australia - Industry/Sector/Style Summary WORLD/DEVELOPED

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % AUD (mn) Wgt % Stocks Cont1M%
0.28 80.4 7.4 51.0 13.7 9.8 Technology 1841.79 2.24 -25.42 -22.74 5956.28 2.27 -25.29 -22.54 32,729 1.77 7 0.04
0.28 80.4 7.4 51.0 13.7 9.8 Software and Computer Services 1841.79 2.24 -25.42 -22.74 5956.28 2.27 -25.29 -22.54 32,729 1.77 7 0.04
7.75 15.6 2.4 6.7 2.1 15.4 Telecommunications 300.55 -0.20 -5.50 1.32 1622.31 1.66 -1.81 5.44 18,168 0.98 2 0.00
7.75 15.6 2.4 6.7 2.1 15.4 Telecommunications Service Prov. 1149.93 -0.20 -5.50 1.32 1218.47 1.66 -1.81 5.44 18,168 0.98 2 0.00
1.37 33.8 5.3 26.5 4.9 18.7 Health Care 2977.96 1.07 -2.82 -7.46 8384.62 1.10 -2.15 -6.21 187,048 10.12 5 0.11
2.50 16.4 2.9 10.4 1.5 18.2 Health Care Providers 1324.43 0.47 -17.24 -12.20 4153.36 0.47 -16.37 -10.08 28,834 1.56 2 0.01
1.71 32.4 4.4 26.6 4.0 13.9 Medical Equipment and Services 1191.92 0.36 -4.19 -12.37 3739.64 0.70 -3.06 -10.92 17,125 0.93 2 0.00
1.10 43.5 6.7 38.9 9.7 20.1 Pharmaceuticals & Biotechnology 7580.54 1.28 0.97 -5.90 16909.40 1.28 1.53 -4.89 141,089 7.63 1 0.10
4.36 14.6 1.6 7.3 3.0 11.1 Financials 489.02 -1.46 -3.58 -4.83 3278.45 -0.72 -0.80 -0.78 575,446 31.13 19 -0.46
4.76 13.6 1.5 21.7 4.0 11.0 Banks 994.90 -1.54 -2.92 -5.83 4528.99 -0.72 0.07 -1.48 417,580 22.59 6 -0.36
3.50 17.4 2.5 2.1 3.9 15.2 Investment Banking & Brokerage 1207.19 -3.16 -10.45 -0.41 6634.51 -2.92 -8.52 2.97 100,262 5.42 8 -0.18
3.60 19.8 1.5 4.8 1.1 7.6 Life Insurance 275.00 0.25 2.51 -5.34 1724.08 1.27 5.59 -1.89 28,273 1.53 3 0.00
2.34 20.0 1.6 6.4 0.8 8.2 Non-life Insurance 215.44 4.43 7.42 -3.63 923.15 5.35 10.06 -1.27 29,332 1.59 2 0.07
3.85 10.3 1.3 19.0 7.9 12.2 Real Estate 1019.48 -3.72 -20.41 -14.27 1074.70 -2.95 -18.28 -11.19 108,767 5.88 10 -0.23
1.29 36.5 12.9 34.2 11.8 39.0 Real Estate Investment & Services 471.70 1.99 -23.91 -16.91 2661.55 2.71 -22.95 -15.85 6,419 0.35 1 0.01
4.01 9.9 1.2 18.5 7.7 12.0 Real Estate Investment Trusts 279.32 -4.06 -20.18 -14.10 2013.60 -3.28 -17.98 -10.89 102,348 5.54 9 -0.24
2.85 26.0 5.3 16.4 1.8 18.4 Consumer Discretionary 459.64 0.80 -16.11 -16.11 1672.48 2.04 -13.99 -13.21 121,249 6.56 12 0.05
0.47 74.4 17.7 57.4 10.2 25.7 Consumer Services 778.67 1.65 -16.28 0.66 3066.24 1.65 -15.87 1.15 5,250 0.28 1 0.00
1.71 41.2 7.8 40.9 15.6 19.7 Media 203.93 9.44 -7.32 -7.36 504.28 9.44 -6.23 -5.44 7,574 0.41 1 0.04
4.30 17.4 5.4 18.9 1.3 29.2 Retailers 611.30 0.55 -20.11 -18.47 2538.32 2.73 -16.86 -13.89 60,129 3.25 3 0.02
1.48 51.2 4.6 12.3 2.7 7.7 Travel and Leisure 454.71 -0.22 -12.53 -15.96 1908.61 0.15 -11.62 -14.84 48,297 2.61 7 -0.01
2.90 19.6 8.6 9.7 0.7 31.8 Consumer Staples 948.56 -3.70 -2.11 -7.42 3625.10 -2.77 0.30 -4.17 88,809 4.80 5 -0.19
2.35 34.0 2.5 16.9 3.8 7.6 Beverages 655.77 7.67 6.54 4.43 3055.22 8.98 9.24 8.19 9,521 0.52 1 0.04
2.97 18.6 12.9 9.2 0.6 41.7 Personal Care, Drug & Grocery St. 1627.35 -4.91 -3.06 -8.67 6066.49 -4.01 -0.68 -5.48 79,288 4.29 4 -0.22
3.20 24.0 2.8 17.3 1.9 12.0 Industrials 568.87 -1.83 -7.84 -13.69 2429.56 -1.57 -6.03 -11.17 162,866 8.81 18 -0.17
3.19 21.0 2.0 27.5 1.0 9.2 Construction and Materials 500.46 -3.09 -21.08 -22.05 2182.46 -2.41 -19.48 -19.85 35,130 1.90 7 -0.06
3.38 19.7 4.6 10.6 1.5 23.0 General Industrials 730.66 0.28 10.05 1.80 3244.65 0.28 12.10 5.47 47,368 2.56 3 0.01
2.48 11.9 1.9 13.2 0.8 15.0 Industrial Engineering 401.24 5.87 -13.98 -12.56 1028.20 5.87 -13.03 -10.61 2,626 0.14 1 0.01
2.15 27.7 3.3 21.0 2.7 11.7 Industrial Support Services 152.78 -1.17 -31.32 -42.78 435.39 -1.17 -30.69 -42.01 20,663 1.12 4 -0.01
3.47 32.5 2.6 23.0 8.9 8.8 Industrial Transportation 707.54 -3.32 3.89 3.39 3143.58 -3.00 6.44 6.90 57,079 3.09 3 -0.11
9.24 10.6 2.7 7.5 2.7 33.1 Basic Materials 830.40 4.73 1.94 -2.28 3068.98 5.26 6.19 5.89 404,190 21.86 21 0.99
10.07 10.0 3.3 7.5 2.9 38.3 Industrial Metals and Mining 501.53 5.86 5.28 -0.28 2048.43 6.38 10.07 9.13 359,041 19.42 15 1.08
2.36 14.7 1.0 6.3 2.5 7.6 Precious Metals and Mining 938.51 -5.82 -26.91 -27.59 2799.09 -4.83 -25.68 -26.16 28,911 1.56 3 -0.10
3.16 78.4 1.7 10.1 1.3 2.1 Chemicals 724.74 0.83 16.29 29.65 2766.63 0.83 18.25 34.20 16,238 0.88 3 0.01
4.39 18.9 2.5 9.8 2.8 15.2 Energy 1017.37 5.84 33.76 43.06 3106.59 6.14 37.92 48.47 126,831 6.86 7 0.38
4.39 18.9 2.5 9.8 2.8 15.2 Oil Gas and Coal 1108.87 5.84 33.76 43.06 3091.81 6.14 37.92 48.47 126,831 6.86 7 0.38
3.85 57.8 1.1 9.7 0.6 2.0 Utilities 682.75 1.74 10.22 26.48 3298.23 1.74 12.39 30.74 22,521 1.22 4 0.02
4.23 -84.5 1.0 10.4 0.6 -1.2 Gas Water and Multi-utilities 556.20 1.11 21.72 34.01 2631.48 1.11 24.39 38.50 16,245 0.88 2 0.01
2.85 10.8 1.6 8.3 0.7 16.0 Waste and Disposal Services 1166.05 3.42 -8.12 3.94 1199.81 3.42 -6.77 6.95 6,276 0.34 2 0.01
4.78 15.6 2.3 9.7 2.5 17.7 FTSE Australia 588.58 0.55 -4.14 -5.67 2579.06 1.13 -1.47 -1.55 1,848,624 100.00 110 -

5–4
August 2022 FTSE Russell

Australia - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% AUD (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Software and Computer Services
1.14 59.3 12.1 48.2 15.8 22.1 Jun 22 6167697 12.3 0.22 Altium 36.76 AUD 132 83 4,012 100.0 17.9 -18.7 22.9 462 15.7
2.68 6.1 0.9 6.4 0.8 14.7 Dec 21 BTPJH25 1.3 0.02 Appen 3.73 AUD 123 89.2 411 0.0 -35.7 -66.6 -65.3 1,803 7.8
1.64 39.7 2.0 32.6 6.3 5.5 Jun 22 BF17Y13 2.7 0.05 Domain Holdings Aust 3.56 AUD 632 39.5 890 100.0 0.6 -36.7 -33.9 2,303 8.6
0.00 +ve 2.8 40.9 16.4 0.8 Jun 22 B5LMKP4 14.5 0.26 NEXTDC 10.49 AUD 457 99.3 4,760 0.0 -11.0 -18.0 -20.8 1,949 22.0
0.33 +ve 55.9 91.4 60.4 55.6 Jun 22 6292782 6.9 0.12 Pro Medicus Ltd 54.48 AUD 104 40 2,274 0.0 10.0 -12.7 -13.6 229 12.1
0.15 80.7 14.6 63.0 30.3 19.6 Jun 22 BZ8GX83 28.4 0.50 Wisetech Global 58.77 AUD 326 48.4 9,297 100.0 17.3 0.3 21.6 688 37.8
0.00 +ve 14.2 62.1 13.4 15.0 Mar 22 B8P4LP4 33.9 0.60 Xero 87.75 AUD 150 84.4 11,086 100.0 -5.6 -38.0 -42.2 467 42.7
0.28 80.4 7.4 51.0 13.7 9.8 32,729 2.2 -25.4 -22.7 - -
Telecommunications Service Prov.
8.31 16.0 3.0 6.8 2.2 19.3 Jun 22 6087289 89.2 0.88 Telstra Corp 3.97 AUD 11,663 35 16,206 0.0 2.1 -5.0 3.4 36,118 145.7
3.08 12.8 0.8 6.1 1.9 6.6 Dec 21 BMB2257 10.8 0.11 TPG Telecom 5.35 AUD 1,859 19.7 1,962 100.0 -15.6 -9.2 -13.1 3,944 23.0
7.75 15.6 2.4 6.7 2.1 15.4 18,168 -0.2 -5.5 1.3 - -
Health Care Providers
2.11 54.2 4.5 22.8 1.2 8.1 Jun 22 6041995 43.5 0.68 Ramsay Health Care 71.71 AUD 229 76.3 12,530 100.0 2.2 0.3 4.1 548 39.3
2.79 10.7 2.2 7.3 1.7 22.4 Jun 22p 6821120 56.5 0.88 Sonic Healthcare 34.00 AUD 480 99.9 16,305 100.0 -0.8 -27.1 -21.7 1,293 44.7
2.50 16.4 2.9 10.4 1.5 18.2 28,834 0.5 -17.2 -12.2 - -
Medical Equipment and Services
3.04 14.9 1.5 12.2 1.3 10.6 Jun 22p 6286611 19.8 0.18 Ansell 26.59 AUD 128 99.9 3,394 100.0 1.7 -15.6 -26.1 785 20.9

Country Details
1.38 45.7 8.4 37.4 8.6 18.2 Jun 22 6211798 80.2 0.74 Cochlear 214.30 AUD 66 97.4 13,731 100.0 0.0 -0.8 -8.1 133 29.0
1.71 32.4 4.4 26.6 4.0 13.9 17,125 0.4 -4.2 -12.4 - -
Pharmaceuticals & Biotechnology
1.10 43.5 6.7 38.9 9.7 20.1 Jun 22 6185495 100.0 7.63 CSL 293.54 AUD 482 99.7 141,089 100.0 1.3 1.0 -5.9 793 233.5
1.10 43.5 6.7 38.9 9.7 20.1 141,089 1.3 1.0 -5.9 - -
Banks
5.91 10.3 1.1 10.3 2.8 10.6 Sep 21 6065586 16.3 3.68 Aust & NZ Banking Gr 22.83 AUD 2,980 99.9 68,022 0.0 -0.3 -16.4 -17.4 7,726 178.6
6.26 10.8 0.7 -7.0 2.4 8.0 Aug 21 6076243 1.1 0.24 Bank of Queensland 7.03 AUD 643 99.9 4,517 0.0 -6.5 -13.1 -25.7 2,535 18.3
5.86 9.2 0.8 8.6 2.4 9.1 Jun 21 6091280 1.2 0.28 Bendigo and Adelaide 9.04 AUD 565 99.7 5,094 0.0 -12.2 -0.7 -10.0 3,045 29.5
3.95 16.4 2.3 7.1 5.8 13.4 Jun 22 6215035 39.8 9.00 Commonwealth Bank of 97.47 AUD 1,706 99.9 166,305 51.4 -3.3 -3.5 -2.6 2,666 265.8
4.58 14.5 1.6 -2.2 4.8 11.1 Sep 21 6624608 23.6 5.32 Natl Australia Bank 30.59 AUD 3,218 99.9 98,417 0.0 0.0 6.1 10.3 5,333 163.1
5.60 12.1 1.1 2.2 2.8 8.9 Sep 21 6076146 18.0 4.07 Westpac Banking Corp 21.61 AUD 3,501 99.4 75,225 0.0 0.5 1.2 -16.3 6,602 144.8
4.76 13.6 1.5 21.7 4.0 11.0 417,580 -1.5 -2.9 -5.8 - -
Investment Banking & Brokerage
0.00 -76.1 1.0 2.3 1.3 -1.2 Dec 21 6709958 3.8 0.21 AMP 1.17 AUD 3,266 99.9 3,803 0.0 7.4 15.3 5.9 16,404 18.6
2.90 28.4 4.0 74.7 13.8 14.2 Jun 22 6129222 15.1 0.82 ASX 78.45 AUD 194 99.9 15,177 100.0 -11.1 -15.6 -10.6 572 47.2
2.19 34.5 4.7 21.8 4.2 13.9 Jun 22p 6180412 13.2 0.72 Computershare 24.70 AUD 604 88.9 13,264 100.0 -1.1 23.5 49.7 2,518 61.5
6.12 18.3 0.9 -81.3 1.1 5.1 Jun 22 6714394 2.2 0.12 Insignia Financial 3.48 AUD 654 97.8 2,227 0.0 13.0 -3.9 -26.6 2,947 9.8
3.51 14.4 2.4 1.3 4.1 18.6 Mar 22 B28YTC2 61.3 3.33 Macquarie Group 177.26 AUD 384 90.4 61,497 100.0 -2.1 -13.7 6.3 743 132.2
13.75 6.2 2.4 5.6 3.8 38.4 Jun 22 B015YX4 1.8 0.10 Magellan Financial G 13.02 AUD 186 75 1,813 100.0 -10.7 -38.7 -70.0 1,161 16.3
7.59 11.3 1.7 9.9 2.0 14.9 Jun 22 6682394 1.5 0.08 Perpetual 27.42 AUD 57 99.2 1,543 75.0 -9.5 -23.8 -35.1 306 8.7
12.32 10.3 3.2 8.3 4.1 30.5 Jun 22 B1XK7G8 0.9 0.05 Platinum Asset Mange 1.79 AUD 587 89.3 936 100.0 -1.9 -33.9 -55.2 1,574 2.9
3.50 17.4 2.5 2.1 3.9 15.2 100,262 -3.2 -10.4 -0.4 - -

5–5
Life Insurance
3.59 16.9 1.1 1.7 2.4 6.6 Jun 22 6726300 15.2 0.23 Challenger 6.40 AUD 678 99.1 4,302 0.0 -8.3 -2.0 -0.8 2,253 15.1
3.50 23.7 5.3 10.6 1.4 22.4 Jun 22 BRTNNQ5 36.1 0.55 Medibank Private 3.71 AUD 2,754 100 10,217 75.0 8.8 10.7 4.5 10,106 36.2
3.67 18.5 1.1 5.5 0.9 5.7 Jun 22 6585084 48.6 0.74 Suncorp Group 10.90 AUD 1,263 99.9 13,754 50.0 -2.6 -1.5 -12.7 - -
3.60 19.8 1.5 4.8 1.1 7.6 28,273 0.2 2.5 -5.3 - -
Non-life Insurance
2.37 30.9 1.9 12.8 0.8 6.0 Jun 22 6271026 39.1 0.62 Insurance Aust Grp 4.65 AUD 2,465 99.9 11,456 100.0 4.0 9.2 -11.3 - -
2.32 16.3 1.5 4.9 0.8 9.4 Dec 21 6715740 60.9 0.97 QBE Insurance Group 12.07 AUD 1,483 99.8 17,876 0.0 4.7 6.3 2.0 4,889 59.2
2.34 20.0 1.6 6.4 0.8 8.2 29,332 4.4 7.4 -3.6 - -
Real Estate Investment & Services
1.29 36.5 12.9 34.2 11.8 39.0 Jun 22 6198578 100.0 0.35 REA Group 127.55 AUD 132 38 6,419 100.0 2.0 -23.9 -16.9 222 28.6
1.29 36.5 12.9 34.2 11.8 39.0 6,419 2.0 -23.9 -16.9 - -
Real Estate Investment Trusts
2.97 7.0 2.0 10.6 5.8 32.5 Jun 22 B15F6S6 6.2 0.34 Charter Hall Group 13.51 AUD 473 99.6 6,365 100.0 6.0 -34.4 -24.4 1,869 23.9
6.09 +ve 28.1 40.6 19.4 0.6 Jun 22 B033YN6 9.2 0.51 Dexus Property Group 8.73 AUD 1,076 100 9,390 100.0 -8.3 -21.5 -18.0 - -
1.53 10.8 2.2 43.7 17.0 23.1 Jun 22 B03FYZ4 35.2 1.95 Goodman Group 19.67 AUD 1,868 98 36,046 100.0 -5.0 -25.8 -15.0 4,334 88.1
5.37 5.7 0.7 15.5 10.1 12.6 Dec 21 6365866 7.9 0.44 GPT Group 4.21 AUD 1,916 100 8,065 75.0 -7.5 -22.3 -13.2 6,300 27.2
4.86 9.1 0.7 9.2 3.6 8.3 Jun 22 6161978 8.1 0.45 Mirvac Group 2.10 AUD 3,943 99.8 8,271 75.0 -2.3 -27.8 -32.7 14,646 31.1
5.02 17.2 0.8 17.2 6.7 4.7 Dec 21 BLZH0Z7 14.9 0.82 Scentre Group 2.94 AUD 5,190 99.9 15,245 0.0 1.4 -7.0 3.2 17,710 50.7
5.57 6.3 1.0 17.0 8.7 16.6 Jun 22 B8K7J65 3.0 0.16 Shopping Centres Aus 2.73 AUD 1,116 99.8 3,043 75.0 -7.8 -8.1 1.9 4,076 11.6
7.35 6.2 0.8 9.4 3.0 13.9 Jun 22 6850856 8.4 0.47 Stockland 3.62 AUD 2,387 99.9 8,634 0.0 -6.0 -14.6 -21.6 8,769 32.9

5–5
FTSE All-World Review August 2022

Australia - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% AUD (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Real Estate Investment Trusts
5.37 7.2 0.8 14.9 7.4 11.7 Jun 22 BY7QXS7 7.1 0.39 Vicinity Centers 1.94 AUD 4,552 82.7 7,289 0.0 -6.5 14.5 11.8 18,623 37.6
4.01 9.9 1.2 18.5 7.7 12.0 102,348 -4.1 -20.2 -14.1 - -
Consumer Services
0.47 74.4 17.7 57.4 10.2 25.7 Jun 22 BDB6DD1 100.0 0.28 IDP Education 29.01 AUD 278 65 5,250 100.0 1.6 -16.3 0.7 1,340 37.9
0.47 74.4 17.7 57.4 10.2 25.7 5,250 1.6 -16.3 0.7 - -
Media
1.71 41.2 7.8 40.9 15.6 19.7 Jun 22 BW0BGZ3 100.0 0.41 carsales.com 22.60 AUD 351 95.5 7,574 0.0 9.4 -7.3 -7.4 1,259 27.5
1.71 41.2 7.8 40.9 15.6 19.7 7,574 9.4 -7.3 -7.4 - -
Retailers
8.27 6.1 1.4 9.7 1.2 23.6 Jun 21 6173508 4.2 0.14 Harvey Norman Hldgs 4.23 AUD 1,246 47.5 2,505 0.0 2.2 -14.4 -21.4 3,329 14.4
7.77 8.2 3.5 7.1 0.5 42.1 Jun 22 6702623 7.4 0.24 JB Hi-Fi 40.69 AUD 109 99.7 4,440 0.0 -3.3 -15.8 -11.1 711 30.9
3.83 21.2 6.7 23.2 1.4 28.4 Jun 22 6948836 88.5 2.88 Wesfarmers 47.01 AUD 1,134 99.7 53,185 0.0 0.8 -20.7 -18.9 1,901 90.6
4.30 17.4 5.4 18.9 1.3 29.2 60,129 0.6 -20.1 -18.5 - -
Travel and Leisure
1.46 27.6 6.2 18.0 5.0 24.5 Sep 21 6253983 49.4 1.29 Aristocrat Leisure 35.70 AUD 670 99.9 23,882 100.0 1.1 -18.1 -21.5 2,364 83.3
2.46 30.1 13.0 28.9 2.4 44.6 Jul 22 B07SFG7 8.0 0.21 Domino's Pizza Enter 63.55 AUD 87 70.1 3,859 100.0 -12.3 -46.2 -59.5 492 33.7
0.00 -13.8 4.6 -35.3 3.5 -29.9 Jun 22 6352147 5.3 0.14 Flight Centre Travel 17.90 AUD 200 71.9 2,572 100.0 3.9 1.6 9.1 1,405 24.4
0.00 -13.6 -50.9 3.8 1.1 -ve Jun 22p 6710347 9.1 0.24 Qantas Airways 5.32 AUD 1,886 44 4,415 0.0 16.7 6.2 4.5 9,857 48.0
13.54 8.2 0.8 2.9 0.9 5.6 Jun 22 6873262 4.1 0.11 Tabcorp Holdings 0.96 AUD 2,226 93.5 1,999 0.0 -3.0 -56.2 -54.0 22,106 21.6
0.00 25.4 40.4 15.7 3.0 +ve Jun 22 BNRQW72 19.0 0.50 The Lottery 4.42 AUD 2,222 93.5 9,188 0.0 -2.6 - - 6,109 27.4
0.00 -16.4 0.8 21.4 1.7 -4.6 Jun 22p BD5ZR98 4.9 0.13 The Star Entertainme 2.78 AUD 952 90 2,382 0.0 -9.4 -24.5 -31.9 3,643 10.5
1.48 51.2 4.6 12.3 2.7 7.7 48,297 -0.2 -12.5 -16.0 - -
Beverages
2.35 34.0 2.5 16.9 3.8 7.6 Jun 22 B61JC67 100.0 0.52 Treasury Wine Estate 13.19 AUD 722 100 9,521 100.0 7.7 6.5 4.4 2,391 31.0
2.35 34.0 2.5 16.9 3.8 7.6 9,521 7.7 6.5 4.4 - -
Personal Care, Drug & Grocery St.
3.47 20.3 7.5 8.7 0.6 38.9 Jun 22 BYWR0T5 28.1 1.21 Coles Group 17.56 AUD 1,336 95 22,302 0.0 -6.3 -2.1 -2.9 4,775 87.5
2.78 N/A N/A N/A N/A N/A BNVS144 11.6 0.50 Endeavour Group 7.27 AUD 1,791 70.7 9,217 15.5 -8.2 7.9 -0.4 5,635 43.4
5.22 14.8 3.7 9.2 0.3 22.8 Apr 22 B0744W4 5.0 0.22 Metcash 4.12 AUD 966 99.9 3,977 0.0 -0.5 -8.4 1.0 3,774 15.7
2.55 18.2 31.8 9.4 0.8 47.6 Jun 21 6981239 55.2 2.37 Woolworths Group 36.09 AUD 1,214 99.9 43,792 15.5 -3.8 -5.1 -13.6 2,592 97.7
2.97 18.6 12.9 9.2 0.6 41.7 79,288 -4.9 -3.1 -8.7 - -
Construction and Materials
5.66 12.2 1.1 7.4 0.9 9.5 Dec 21 6006886 2.9 0.05 ADBRI 2.21 AUD 653 70 1,010 50.0 -12.6 -21.6 -35.6 1,958 4.6
0.00 3.4 1.7 12.5 1.1 30.7 Jun 22 6218670 3.4 0.06 Boral 2.95 AUD 1,103 36.4 1,186 0.0 1.7 -17.1 -17.1 1,639 4.9
6.95 8.0 2.2 10.7 1.0 25.8 Mar 22 6238645 6.3 0.12 CSR 4.53 AUD 485 99.9 2,197 0.0 -0.4 -23.0 -16.9 1,985 9.2
4.75 16.8 1.3 6.9 0.3 7.5 Jun 22 6465573 9.7 0.18 Downer Group 5.05 AUD 676 99.8 3,409 0.0 -8.5 -15.3 -22.4 2,249 12.1
3.05 25.4 8.4 15.6 3.2 37.8 Mar 22 B60QWJ2 42.2 0.80 James Hardie Industr 33.51 AUD 443 99.8 14,826 100.0 -4.8 -39.4 -36.8 1,388 49.1
1.56 -ve 1.0 -8.5 0.8 -0.5 Jun 22 6512004 20.1 0.38 Lend Lease Group 10.27 AUD 689 99.8 7,062 0.0 0.0 -3.9 -14.0 1,610 16.5
3.44 25.5 1.3 24.1 0.8 5.3 Jun 22 6562474 15.5 0.29 Worley Parsons 14.53 AUD 524 71.4 5,440 100.0 1.5 36.7 38.6 1,451 21.0
3.19 21.0 2.0 27.5 1.0 9.2 35,130 -3.1 -21.1 -22.0 - -
General Industrials
3.91 19.7 4.5 13.3 1.3 22.1 Jun 22 6066608 56.5 1.45 Amcor CDI 17.82 AUD 1,503 100 26,779 100.0 -3.6 7.9 1.9 - -
2.37 21.0 5.0 8.1 2.3 23.7 Jun 22 B1FJ0C0 37.5 0.96 Brambles 12.38 AUD 1,436 99.9 17,770 100.0 8.1 16.5 2.2 5,974 73.5
4.67 14.4 3.9 10.9 0.7 26.1 Jun 22 BH4TCW7 6.0 0.15 Orora 3.32 AUD 849 100 2,819 75.0 -6.5 -5.1 -2.6 - -
3.38 19.7 4.6 10.6 1.5 23.0 47,368 0.3 10.1 1.8 - -
Industrial Engineering
2.48 11.9 1.9 13.2 0.8 15.0 Jun 22 B432QW4 100.0 0.14 Seven Group Holdings 18.58 AUD 363 38.9 2,626 100.0 5.9 -14.0 -12.6 579 10.5
2.48 11.9 1.9 13.2 0.8 15.0 2,626 5.9 -14.0 -12.6 - -
Industrial Support Services
2.76 28.2 5.1 19.9 2.7 18.7 Mar 22 B86SZR5 27.7 0.31 ALS 11.90 AUD 484 99.4 5,725 100.0 2.2 -9.0 -6.7 1,056 12.6
2.25 40.8 1.8 18.5 2.2 4.3 Jun 22 B1L4BC6 20.5 0.23 Qube Holdings 2.89 AUD 1,907 77 4,244 100.0 4.7 -8.8 -8.5 5,603 15.7
1.22 23.2 3.1 46.6 1.4 14.4 Jun 22 6728801 16.5 0.18 Reece 16.01 AUD 646 32.9 3,406 0.0 5.1 -40.8 -23.3 - -
2.06 25.1 4.1 18.6 6.6 16.2 Jun 22 B0767Y3 35.3 0.39 Seek 20.86 AUD 354 98.7 7,288 100.0 -9.1 -36.4 -35.9 1,525 34.2
2.15 27.7 3.3 21.0 2.7 11.7 20,663 -1.2 -31.3 -42.8 - -
Industrial Transportation
4.50 34.3 2.2 +ve 76.2 6.3 Dec 21 BZ03TZ1 13.4 0.41 Atlas Arteria 8.00 AUD 959 99.9 7,667 100.0 3.2 15.6 16.6 4,176 33.2
5.74 12.7 1.6 5.8 2.3 12.5 Jun 22 B87CVM3 11.5 0.36 Aurizon Holdings 3.73 AUD 1,841 95.8 6,583 0.0 -7.2 6.9 -1.3 8,445 32.9
2.94 42.2 3.0 33.1 12.6 8.2 Jun 22 6200882 75.0 2.32 Transurban Group 13.96 AUD 3,071 99.9 42,829 100.0 -3.8 1.0 -0.9 5,413 77.4
3.47 32.5 2.6 23.0 8.9 8.8 57,079 -3.3 3.9 3.4 - -
Industrial Metals and Mining
0.00 21.0 2.0 14.5 8.3 16.2 Jun 22 BLSNC78 2.3 0.44 Allkem 13.91 AUD 638 91.3 8,105 0.0 23.3 33.8 51.7 4,849 61.7
6.74 17.5 1.9 18.8 N/A 11.0 Dec 21 6954985 1.1 0.21 Alumina 1.52 AUD 2,902 86.8 3,819 0.0 -1.6 -18.8 -14.9 13,547 20.8
12.57 10.8 5.2 7.7 3.8 47.3 Jun 22p 6144690 56.8 11.04 BHP Group 40.60 AUD 5,062 99.3 204,094 25.0 5.0 9.9 0.0 10,970 443.1
2.99 2.8 0.8 3.3 0.4 32.9 Jun 22 6533232 2.2 0.44 Bluescope Steel 16.72 AUD 483 99.9 8,072 75.0 0.8 -20.0 -33.1 2,099 35.6

5–6
August 2022 FTSE Russell

Australia - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% AUD (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Industrial Metals and Mining
8.06 12.4 18.7 17.3 8.4 +ve Jun 22 BJP5T05 0.5 0.10 Deterra Royalties 4.19 AUD 529 80 1,772 100.0 -3.0 -2.6 -3.7 1,376 6.2
16.12 6.6 2.3 6.2 2.4 35.2 Jun 22 6086253 8.2 1.58 Fortescue Metals Gro 18.42 AUD 3,079 51.6 29,276 0.0 0.4 -4.1 -12.3 8,043 151.3
1.12 30.8 3.0 28.5 11.3 10.0 Jun 22 6439567 2.3 0.45 IGO 13.44 AUD 757 82 8,346 0.0 21.7 17.2 39.3 4,393 53.0
2.28 12.3 2.8 12.1 2.9 25.3 Dec 21 6957575 1.2 0.24 Iluka Resources 10.54 AUD 424 99.1 4,432 100.0 10.0 26.1 27.4 2,486 25.1
0.00 14.8 4.9 17.5 8.7 39.7 Jun 22 6121176 2.2 0.43 Lynas Corp 8.88 AUD 902 99.6 7,988 0.0 2.0 -12.7 29.1 - -
4.30 34.3 3.8 43.3 3.5 11.0 Jun 22 B17ZL56 3.0 0.58 Mineral Resources 63.97 AUD 189 87.9 10,650 0.0 19.0 14.2 16.5 1,164 70.3
1.01 16.2 2.3 8.9 4.1 15.3 Dec 21 6397825 2.3 0.45 OZ Minerals Ltd 25.72 AUD 335 97.6 8,405 100.0 36.2 -8.9 9.1 2,671 65.0
0.00 19.3 8.4 17.1 9.1 60.2 Jun 22 B2368L5 2.7 0.52 Pilbara Minerals 3.65 AUD 2,977 88.4 9,613 0.0 31.8 14.1 63.7 35,518 113.2
10.17 5.2 2.1 4.2 1.8 43.5 Dec 21 6220103 9.8 1.90 Rio Tinto Ltd. 94.50 AUD 371 99.9 35,069 75.0 -3.4 -4.9 -15.1 1,706 165.4
0.00 15.6 1.1 15.6 0.5 7.4 Dec 21 BLR63X1 0.0 0.01 Sierra Rutile Holdin 0.30 AUD 424 99.1 126 100.0 -6.3 - - 10,320 3.3
4.29 -76.2 1.6 10.2 2.6 -2.0 Jun 21 BWSW5D9 5.4 1.04 South32 4.15 AUD 4,644 100 19,274 100.0 8.9 3.5 33.2 23,108 93.7
10.07 10.0 3.3 7.5 2.9 38.3 359,041 5.9 5.3 -0.3 - -
Precious Metals and Mining
2.51 13.5 1.3 5.6 2.1 11.2 Jun 22 B3X0F91 14.3 0.22 Evolution Mining 2.39 AUD 1,833 94 4,120 100.0 -9.5 -41.1 -38.9 15,028 39.0
2.26 12.9 0.9 6.8 2.7 8.1 Jun 22 6637101 54.7 0.86 Newcrest Mining 17.73 AUD 893 99.9 15,821 91.2 -8.1 -27.6 -28.3 5,621 105.8
2.47 20.9 1.1 5.7 2.5 5.4 Jun 22 6717456 31.0 0.49 Northern Star Resour 7.88 AUD 1,165 97.6 8,970 100.0 0.5 -16.3 -19.3 6,870 54.7
2.36 14.7 1.0 6.3 2.5 7.6 28,911 -5.8 -26.9 -27.6 - -
Chemicals
4.67 44.2 1.4 11.7 1.8 3.3 Sep 21 6673042 46.8 0.41 Incitec Pivot Ltd 3.92 AUD 1,942 99.8 7,601 0.0 8.9 21.0 45.2 9,109 34.6

Country Details
1.50 9.9 1.1 4.9 0.6 10.8 Sep 21 6335331 10.5 0.09 Nufarm 5.34 AUD 380 83.8 1,702 75.0 3.5 10.1 19.5 1,317 6.9
1.91 -50.9 2.6 11.2 1.3 -4.7 Sep 21 6458001 42.7 0.38 Orica 15.47 AUD 450 99.7 6,935 100.0 -7.8 13.0 17.5 2,058 32.1
3.16 78.4 1.7 10.1 1.3 2.1 16,238 0.8 16.3 29.6 - -
Oil Gas and Coal
2.69 14.3 2.7 13.0 0.4 19.2 Dec 21 BM91201 6.5 0.45 Ampol 34.58 AUD 238 99.8 8,231 0.0 3.2 16.6 25.5 938 31.9
4.78 28.6 5.0 10.9 4.8 16.4 Jun 22 6247306 10.3 0.71 APA Group 11.09 AUD 1,180 100 13,085 100.0 -4.8 10.2 20.8 2,291 26.8
1.17 7.8 1.1 3.2 2.2 15.1 Jun 22 6088204 2.4 0.16 Beach Energy 1.71 AUD 2,281 77.3 3,016 100.0 -5.8 35.7 62.9 12,988 22.2
2.98 30.4 1.4 9.0 4.1 6.3 Dec 21 6776703 19.1 1.31 Santos 7.89 AUD 3,387 90.6 24,223 100.0 8.1 25.0 30.4 15,981 117.7
2.53 33.4 2.3 18.0 6.2 6.7 Jul 21 6821807 5.4 0.37 Washington H. Soul P 25.70 AUD 361 73.6 6,834 100.0 0.0 -13.2 -28.3 373 9.7
1.01 4.1 1.9 3.2 1.6 56.4 Jun 22 B1XQXC4 5.3 0.37 Whitehaven Coal 7.96 AUD 1,016 83.5 6,756 0.0 28.2 205.0 214.6 13,031 94.0
5.75 24.5 3.5 13.1 7.0 15.5 Dec 21 BMGT167 51.0 3.50 Woodside Energy Grou 34.25 AUD 1,898 99.5 64,686 75.0 7.1 56.2 75.7 6,488 215.9
4.39 18.9 2.5 9.8 2.8 15.2 126,831 5.8 33.8 43.1 - -
Gas Water and Multi-utilities
6.51 4.8 0.8 4.2 0.4 18.0 Jun 22 BSS7GP5 31.8 0.28 AGL Energy 7.68 AUD 673 99.9 5,166 0.0 -8.4 25.1 19.1 2,605 21.2
3.17 -8.7 1.1 32.5 0.8 -12.9 Jun 22 6214861 68.2 0.60 Origin Energy 6.31 AUD 1,761 99.6 11,079 75.0 6.2 20.4 41.8 5,452 33.3
4.23 -84.5 1.0 10.4 0.6 -1.2 16,245 1.1 21.7 34.0 - -
Waste and Disposal Services
1.71 43.2 2.2 12.4 1.9 5.1 Jun 22 BYQ8KW7 60.8 0.21 Cleanaway Waste Mana 2.80 AUD 2,063 66 3,816 100.0 2.6 -10.5 5.7 8,093 22.2
4.61 5.0 1.2 5.5 0.3 25.8 Jun 22 B0LCW75 39.2 0.13 Sims Metal Managemen 15.39 AUD 195 82 2,460 0.0 4.8 -4.2 1.5 738 11.3
2.85 10.8 1.6 8.3 0.7 16.0 6,276 3.4 -8.1 3.9 - -
FTSE Australia
4.78 15.6 2.3 9.7 2.5 17.7 1,848,624 0.6 -4.1 -5.7 - -

5–7

5–7
FTSE All-World Review August 2022

Austria - Overview WORLD/DEVELOPED

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Raiffeisen Bank Inte Banks 12.64 7.39 Verbund Oest El Electricity 95.35 2.80
Telekom Austria Telecommunications Service Prov. 6.22 2.81 Andritz Industrial Engineering 45.98 -5.51
Andritz Industrial Engineering 45.98 0.97 OMV Oil Gas and Coal 40.28 -14.17
OMV Oil Gas and Coal 40.28 -2.75 Telekom Austria Telecommunications Service Prov. 6.22 -17.29
Voestalpine Industrial Metals and Mining 20.12 -8.13 Erste Group Bank Banks 22.48 -33.61

Andritz Industrial Engineering 45.98 0.97 OMV Oil Gas and Coal 40.28 -14.17
OMV Oil Gas and Coal 40.28 -2.75 Telekom Austria Telecommunications Service Prov. 6.22 -17.29
Voestalpine Industrial Metals and Mining 20.12 -8.13 Erste Group Bank Banks 22.48 -33.61
Erste Group Bank Banks 22.48 -8.99 Raiffeisen Bank Inte Banks 12.64 -37.86
Verbund Oest El Electricity 95.35 -11.30 Voestalpine Industrial Metals and Mining 20.12 -47.60

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Raiffeisen Bank Inte Banks 12.64 5.97 0.39 Verbund Oest El Electricity 95.35 23.02 0.47
Andritz Industrial Engineering 45.98 11.68 0.11 Telekom Austria Telecommunications Service Prov. 6.22 3.11 -0.51
Telekom Austria Telecommunications Service Prov. 6.22 3.11 0.08 Andritz Industrial Engineering 45.98 11.68 -0.56
OMV Oil Gas and Coal 40.28 20.90 -0.56 OMV Oil Gas and Coal 40.28 20.90 -2.61
Voestalpine Industrial Metals and Mining 20.12 8.43 -0.70 Raiffeisen Bank Inte Banks 12.64 5.97 -2.80

Telekom Austria Telecommunications Service Prov. 6.22 3.11 0.08 Andritz Industrial Engineering 45.98 11.68 -0.56
OMV Oil Gas and Coal 40.28 20.90 -0.56 OMV Oil Gas and Coal 40.28 20.90 -2.61
Voestalpine Industrial Metals and Mining 20.12 8.43 -0.70 Raiffeisen Bank Inte Banks 12.64 5.97 -2.80
Erste Group Bank Banks 22.48 26.89 -2.50 Voestalpine Industrial Metals and Mining 20.12 8.43 -6.07
Verbund Oest El Electricity 95.35 23.02 -2.76 Erste Group Bank Banks 22.48 26.89 -10.54

FTSE Austria Index Performance % FTSE Austria Index Volatility %

120 100

110 90
80
100
70
90 60
80 50
70 40
30
60
20
50
10
40 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–8
August 2022 FTSE Russell

Austria - Industry/Sector/Style Summary WORLD/DEVELOPED

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % EUR (mn) Wgt % Stocks Cont1M%
4.50 5.8 1.3 2.8 0.9 24.1 Telecommunications 130.24 2.81 -18.37 -17.29 326.13 2.81 -14.61 -13.47 850 3.11 1 0.08
4.50 5.8 1.3 2.8 0.9 24.1 Telecommunications Service Prov. 956.92 2.81 -18.37 -17.29 1037.60 2.81 -14.61 -13.47 850 3.11 1 0.08
7.59 4.1 0.5 7.2 0.8 12.7 Financials 234.43 -6.39 -46.93 -34.50 471.58 -6.39 -44.34 -29.47 8,983 32.86 2 -2.11
7.59 4.1 0.5 7.2 0.8 12.7 Banks 319.52 -6.39 -46.93 -34.50 650.52 -6.39 -44.34 -29.47 8,983 32.86 2 -2.11
3.59 11.6 2.9 8.6 0.7 27.8 Industrials 230.77 0.97 1.32 -5.51 520.88 0.97 5.73 -1.40 3,193 11.68 1 0.11
3.59 11.6 2.9 8.6 0.7 27.8 Industrial Engineering 257.73 0.97 1.32 -5.51 582.28 0.97 5.73 -1.40 3,193 11.68 1 0.11
5.96 2.7 0.5 2.9 0.2 21.6 Basic Materials 317.23 -8.13 -37.13 -47.60 770.83 -8.13 -33.20 -44.34 2,306 8.43 1 -0.70
5.96 2.7 0.5 2.9 0.2 21.6 Industrial Metals and Mining 317.23 -8.13 -37.13 -47.60 770.83 -8.13 -33.20 -44.34 2,306 8.43 1 -0.70
5.71 5.8 1.0 1.9 0.4 19.4 Energy 1123.17 -2.75 -19.36 -14.17 3124.67 -2.75 -15.82 -10.41 5,714 20.90 1 -0.56
5.71 5.8 1.0 1.9 0.4 19.4 Oil Gas and Coal 1123.17 -2.75 -19.36 -14.17 3124.67 -2.75 -15.82 -10.41 5,714 20.90 1 -0.56
1.10 37.4 6.1 +ve 6.9 15.3 Utilities 568.55 -11.30 -3.59 2.80 1124.13 -11.30 -2.59 3.87 6,294 23.02 1 -2.76
1.10 37.4 6.1 +ve 6.9 15.3 Electricity 622.22 -11.30 -3.59 2.80 1239.47 -11.30 -2.59 3.87 6,294 23.02 1 -2.76
5.00 5.9 0.9 4.7 0.6 15.9 FTSE Austria 277.61 -5.94 -28.44 -22.62 635.09 -5.94 -25.57 -18.61 27,340 100.00 7 -

Austria - Constituent Report WORLD/DEVELOPED

Country Details
Fiscal Weight % Shares MCap Performance Vol Avg (1M)
Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% EUR (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Telecommunications Service Prov.
4.50 5.8 1.3 2.8 0.9 24.1 Dec 21 4635088 100.0 3.11 Telekom Austria 6.22 EUR 664 20.5 850 25.0 2.8 -18.4 -17.3 63 0.4
4.50 5.8 1.3 2.8 0.9 24.1 850 2.8 -18.4 -17.3 - -
Banks
7.12 4.6 0.6 12.9 0.9 13.0 Dec 21 5289837 81.8 26.89 Erste Group Bank 22.48 EUR 405 80.7 7,351 50.0 -9.0 -45.6 -33.6 925 21.6
9.73 2.8 0.3 2.4 0.5 11.9 Dec 21 B0704T9 18.2 5.97 Raiffeisen Bank Inte 12.64 EUR 329 39.3 1,632 0.0 7.4 -51.2 -37.9 626 8.0
7.59 4.1 0.5 7.2 0.8 12.7 8,983 -6.4 -46.9 -34.5 - -
Industrial Engineering
3.59 11.6 2.9 8.6 0.7 27.8 Dec 21 B1WVF68 100.0 11.68 Andritz 45.98 EUR 99 70 3,193 75.0 1.0 1.3 -5.5 101 4.8
3.59 11.6 2.9 8.6 0.7 27.8 3,193 1.0 1.3 -5.5 - -
Industrial Metals and Mining
5.96 2.7 0.5 2.9 0.2 21.6 Mar 22 4943402 100.0 8.43 Voestalpine 20.12 EUR 179 64.2 2,306 0.0 -8.1 -37.1 -47.6 398 8.4
5.96 2.7 0.5 2.9 0.2 21.6 2,306 -8.1 -37.1 -47.6 - -
Oil Gas and Coal
5.71 5.8 1.0 1.9 0.4 19.4 Dec 21 4651459 100.0 20.90 OMV 40.28 EUR 327 43.3 5,714 50.0 -2.8 -19.4 -14.2 290 11.8
5.71 5.8 1.0 1.9 0.4 19.4 5,714 -2.8 -19.4 -14.2 - -
Electricity

5–9
1.10 37.4 6.1 +ve 6.9 15.3 Dec 21 4661607 100.0 23.02 Verbund Oest El 95.35 EUR 170 38.7 6,294 100.0 -11.3 -3.6 2.8 131 13.7
1.10 37.4 6.1 +ve 6.9 15.3 6,294 -11.3 -3.6 2.8 - -
FTSE Austria
5.00 5.9 0.9 4.7 0.6 15.9 27,340 -5.9 -28.4 -22.6 - -

5–9
FTSE All-World Review August 2022

Belgium & Luxembourg - Overview WORLD/DEVELOPED

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Argenx S.E Pharmaceuticals & Biotechnology 373.50 4.56 Elia Group Electricity 144.90 36.79
Colruyt Personal Care, Drug & Grocery St. 27.68 2.40 Argenx S.E Pharmaceuticals & Biotechnology 373.50 30.69
Acker. & VanHaaren Investment Banking & Brokerage 145.80 1.53 D'IETEREN GROUP Automobiles and Parts 150.70 13.82
Elia Group Electricity 144.90 -2.29 Ageas Life Insurance 40.49 -4.39
Ageas Life Insurance 40.49 -4.84 Acker. & VanHaaren Investment Banking & Brokerage 145.80 -6.54

Warehouses De Pauw Real Estate Investment Trusts 30.38 -8.38 KBC Group Banks 47.38 -28.24
Telenet Group Holdin Telecommunications Service Prov. 14.17 -9.22 Colruyt Personal Care, Drug & Grocery St. 27.68 -41.59
Umicore Chemicals 31.75 -10.21 Umicore Chemicals 31.75 -43.04
Sofina Investment Banking & Brokerage 200.20 -12.35 Sofina Investment Banking & Brokerage 200.20 -46.53
Groupe Bruxelles Lam Investment Banking & Brokerage 75.50 -12.49 Telenet Group Holdin Telecommunications Service Prov. 14.17 -56.02

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Argenx S.E Pharmaceuticals & Biotechnology 373.50 14.98 0.62 Argenx S.E Pharmaceuticals & Biotechnology 373.50 14.98 2.96
Acker. & VanHaaren Investment Banking & Brokerage 145.80 2.42 0.03 Elia Group Electricity 144.90 4.07 0.90
Colruyt Personal Care, Drug & Grocery St. 27.68 1.03 0.02 D'IETEREN GROUP Automobiles and Parts 150.70 2.58 0.21
Telenet Group Holdin Telecommunications Service Prov. 14.17 0.48 -0.05 Acker. & VanHaaren Investment Banking & Brokerage 145.80 2.42 -0.15
Proximus Telecommunications Service Prov. 12.68 1.33 -0.09 Ageas Life Insurance 40.49 5.62 -0.22

Umicore Chemicals 31.75 4.87 -0.52 Sofina Investment Banking & Brokerage 200.20 2.28 -1.73
UCB Cap Pharmaceuticals & Biotechnology 70.10 6.33 -0.53 UCB Cap Pharmaceuticals & Biotechnology 70.10 6.33 -2.10
KBC Group Banks 47.38 9.73 -0.72 Anheuser-Busch InBev Beverages 48.35 31.24 -2.11
Groupe Bruxelles Lam Investment Banking & Brokerage 75.50 5.62 -0.76 Umicore Chemicals 31.75 4.87 -3.20
Anheuser-Busch InBev Beverages 48.35 31.24 -2.39 KBC Group Banks 47.38 9.73 -3.43

FTSE Belgium & Luxembourg Index Performance % FTSE Belgium & Luxembourg Index Volatility %
110 90
80
100
70
90 60
50
80
40
70 30
20
60
10
50 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–10
August 2022 FTSE Russell

Belgium & Lux - Industry/Sector/Style Summary WORLD/DEVELOPED

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % EUR (mn) Wgt % Stocks Cont1M%
12.09 3.5 3.3 2.1 0.7 31.7 Telecommunications 97.54 -7.15 -37.26 -36.14 487.69 -7.15 -34.43 -30.83 2,409 1.80 2 -0.13
12.09 3.5 3.3 2.1 0.7 31.7 Telecommunications Service Prov. 588.99 -7.15 -37.26 -36.14 663.36 -7.15 -34.43 -30.83 2,409 1.80 2 -0.13
0.55 63.4 3.8 64.9 6.9 6.6 Health Care 732.75 0.44 -2.18 4.98 1510.14 0.44 -1.61 5.59 28,490 21.32 2 0.09
0.55 63.4 3.8 64.9 6.9 6.6 Pharmaceuticals & Biotechnology 791.54 0.44 -2.18 4.98 1667.20 0.44 -1.61 5.59 28,490 21.32 2 0.09
7.40 7.8 0.8 13.5 1.1 10.5 Financials 189.20 -7.70 -28.20 -23.61 687.98 -7.70 -25.07 -18.95 34,315 25.67 5 -2.02
12.66 7.3 0.9 5.0 1.6 13.0 Banks 123.19 -7.32 -32.16 -28.24 424.77 -7.32 -28.40 -21.39 13,009 9.73 1 -0.72
2.77 8.0 0.6 14.0 1.5 8.5 Investment Banking & Brokerage 505.19 -9.53 -31.23 -26.71 1736.54 -9.53 -29.62 -25.00 13,801 10.33 3 -1.03
6.79 8.4 0.9 -7.1 0.6 11.6 Life Insurance 184.37 -4.84 -11.11 -4.39 827.35 -4.84 -5.57 1.56 7,505 5.62 1 -0.27
2.90 5.7 1.6 31.8 21.6 33.6 Real Estate 1114.45 -8.38 -27.98 -21.98 1171.21 -8.38 -26.30 -20.17 4,318 3.23 1 -0.28
2.90 5.7 1.6 31.8 21.6 33.6 Real Estate Investment Trusts 1114.45 -8.38 -27.98 -21.98 1171.21 -8.38 -26.30 -20.17 4,318 3.23 1 -0.28

1.39 31.2 2.7 7.8 2.4 9.2 Consumer Discretionary 1099.20 -5.52 -12.18 1114.17 -5.52 -10.98 3,444 2.58 1 -0.14
1.39 31.2 2.7 7.8 2.4 9.2 Automobiles and Parts 109.92 -5.52 -12.18 111.42 -5.52 -10.98 3,444 2.58 1 -0.14
1.17 21.2 1.6 7.8 1.8 7.9 Consumer Staples 769.62 -7.22 -9.73 -8.82 2346.74 -7.22 -8.91 -7.83 43,129 32.27 2 -2.37
1.03 21.9 1.6 7.9 2.1 7.8 Beverages 499.97 -7.51 -9.07 -7.01 1022.75 -7.51 -8.22 -6.14 41,750 31.24 1 -2.39
5.31 11.3 1.5 7.2 0.4 12.8 Personal Care, Drug & Grocery St. 455.08 2.40 -25.71 -41.59 1073.45 2.40 -25.71 -39.57 1,380 1.03 1 0.02
3.56 9.2 1.7 6.3 0.4 20.1 Basic Materials 1151.73 -8.17 -16.05 -36.71 3435.21 -7.81 -13.45 -34.75 12,112 9.06 2 -0.76
3.56 9.2 1.7 6.3 0.4 20.1 Chemicals 1429.92 -8.17 -16.05 -36.71 4489.74 -7.81 -13.45 -34.75 12,112 9.06 2 -0.76

Country Details
1.13 35.4 2.8 2.7 4.2 8.2 Utilities 692.01 -2.29 25.80 36.79 2110.27 -2.29 27.25 38.37 5,437 4.07 1 -0.09
1.13 35.4 2.8 2.7 4.2 8.2 Electricity 692.01 -2.29 25.80 36.79 2110.27 -2.29 27.25 38.37 5,437 4.07 1 -0.09
3.11 13.5 1.5 9.4 1.4 11.2 FTSE Belgium & Luxembourg 380.99 -5.70 -15.16 -13.97 1300.52 -5.67 -13.33 -11.52 133,655 100.00 16 -

Belgium & Luxembourg - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% EUR (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Telecommunications Service Prov.
9.46 4.4 1.4 2.5 0.7 31.7 Dec 21 B00D9P6 73.5 1.33 Proximus 12.68 EUR 323 43.3 1,772 0.0 -6.4 -26.0 -23.6 857 11.3
19.41 2.2 -1.1 1.5 0.6 N/A Dec 21 B0LKSK4 26.5 0.48 Telenet Group Holdin 14.17 EUR 108 41.7 638 100.0 -9.2 -55.8 -56.0 187 2.8
12.09 3.5 3.3 2.1 0.7 31.7 2,409 -7.2 -37.3 -36.1 - -
Pharmaceuticals & Biotechnology
0.00 -57.9 9.0 -39.1 47.5 -19.2 Dec 21 BNHKYX4 70.3 14.98 Argenx S.E 373.50 EUR 54 100 20,027 100.0 4.6 18.5 30.7 136 51.0
1.85 10.6 1.6 8.9 2.3 15.9 Dec 21 5596991 29.7 6.33 UCB Cap 70.10 EUR 189 63.8 8,463 100.0 -8.1 -30.1 -27.6 491 35.6
0.55 63.4 3.8 64.9 6.9 6.6 28,490 0.4 -2.2 5.0 - -
Banks

5–11
12.66 7.3 0.9 5.0 1.6 13.0 Dec 21 4497749 100.0 9.73 KBC Group 47.38 EUR 417 65.8 13,009 50.0 -7.3 -32.2 -28.2 982 48.7
12.66 7.3 0.9 5.0 1.6 13.0 13,009 -7.3 -32.2 -28.2 - -
Investment Banking & Brokerage
1.89 11.9 1.2 6.3 1.1 10.8 Dec 21 5715774 23.5 2.42 Acker. & VanHaaren 145.80 EUR 33 67 3,238 75.0 1.5 -13.6 -6.5 30 4.3
3.64 26.3 0.5 10.5 1.5 2.1 Dec 21 7097328 54.4 5.62 Groupe Bruxelles Lam 75.50 EUR 145 68.5 7,510 0.0 -12.5 -23.1 -22.2 223 17.7
1.56 2.6 0.6 -12.4 2.5 25.6 Dec 21 4820301 22.1 2.28 Sofina 200.20 EUR 34 45.3 3,053 100.0 -12.3 -53.7 -46.5 33 7.2
2.77 8.0 0.6 14.0 1.5 8.5 13,801 -9.5 -31.2 -26.7 - -
Life Insurance
6.79 8.4 0.9 -7.1 0.6 11.6 Dec 21 B86S2N0 100.0 5.62 Ageas 40.49 EUR 186 99.7 7,505 0.0 -4.8 -11.1 -4.4 419 17.6
6.79 8.4 0.9 -7.1 0.6 11.6 7,505 -4.8 -11.1 -4.4 - -
Real Estate Investment Trusts
2.90 5.7 1.6 31.8 21.6 33.6 Dec 21 BK8VQD9 100.0 3.23 Warehouses De Pauw 30.38 EUR 186 76.4 4,318 0.0 -8.4 -28.0 -22.0 320 10.4
2.90 5.7 1.6 31.8 21.6 33.6 4,318 -8.4 -28.0 -22.0 - -
Automobiles and Parts
1.39 31.2 2.7 7.8 2.4 9.2 Dec 21 4247494 100.0 2.58 D'IETEREN GROUP 150.70 EUR 54 42.1 3,444 0.0 -5.5 -12.2 13.8 59 9.5
1.39 31.2 2.7 7.8 2.4 9.2 3,444 -5.5 -12.2 - - -
Beverages
1.03 21.9 1.6 7.9 2.1 7.8 Dec 21 BYYHL23 100.0 31.24 Anheuser-Busch InBev 48.35 EUR 1,699 50.8 41,750 75.0 -7.5 -9.1 -7.0 2,088 107.5
1.03 21.9 1.6 7.9 2.1 7.8 41,750 -7.5 -9.1 -7.0 - -
Personal Care, Drug & Grocery St.
5.31 11.3 1.5 7.2 0.4 12.8 Mar 22 5806225 100.0 1.03 Colruyt 27.68 EUR 131 38.1 1,380 75.0 2.4 -25.7 -41.6 323 8.9
5.31 11.3 1.5 7.2 0.4 12.8 1,380 2.4 -25.7 -41.6 - -
Chemicals
4.77 7.4 1.2 6.3 0.7 18.4 Dec 21 4821100 46.3 4.19 Solvay A 80.64 EUR 104 67 5,603 0.0 -5.7 -21.1 -27.3 224 18.9
2.52 11.8 2.5 6.3 0.3 22.9 Dec 21 BF44466 53.7 4.87 Umicore 31.75 EUR 241 85 6,509 100.0 -10.2 -11.2 -43.0 793 27.7
3.56 9.2 1.7 6.3 0.4 20.1 12,112 -8.2 -16.0 -36.7 - -
Electricity
1.13 35.4 2.8 2.7 4.2 8.2 Dec 21 B09M9F4 100.0 4.07 Elia Group 144.90 EUR 73 51.1 5,437 0.0 -2.3 25.8 36.8 81 12.3
1.13 35.4 2.8 2.7 4.2 8.2 5,437 -2.3 25.8 36.8 - -

5–11
FTSE All-World Review August 2022

FTSE Belgium & Luxembourg

3.11 13.5 1.5 9.4 1.4 11.2 133,655 -5.7 -15.2 -14.0 - -

5–12
August 2022 FTSE Russell

Brazil - Overview WORLD/EMERGING

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Magazine Luiza SA ON Retailers 4.27 65.50 Cielo SA Industrial Support Services 5.50 91.64
Grupo Mateus Retailers 6.42 49.65 BB Seguridade Partic Non-life Insurance 28.28 48.37
Smartfit Escola de G Travel and Leisure 16.64 44.19 Cemig ON Electricity 18.34 42.85
Azul S.A. Travel and Leisure 16.49 40.58 Petro Rio S.A. Oil Gas and Coal 27.31 42.46
Locaweb Servicos de Software and Computer Services 9.35 38.11 Banco Do Brasil ON Banks 41.69 37.00

Suzano SA (ON) Industrial Materials 44.26 -8.35 Locaweb Servicos de Software and Computer Services 9.35 -61.82
Engie Brasil Electricity 40.50 -8.62 Alpargatas SA PN Personal Goods 20.64 -65.58
Sao Martinho SA ON Food Producers 31.86 -9.05 Via Varejo SA Retailers 3.22 -69.01
Odontoprev S/A Ord Health Care Providers 8.99 -9.28 Natura & Co Personal Goods 14.42 -72.07
Braskem S.A. PN Chemicals 30.45 -17.01 Magazine Luiza SA ON Retailers 4.27 -76.59

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Itau Unibanco Holdin Banks 25.81 6.09 0.53 Petrobras ON Oil Gas and Coal 37.17 6.74 1.40
Banco Bradesco S/A P Banks 18.96 4.83 0.40 Petrobras PN Oil Gas and Coal 33.23 9.12 1.37
Magazine Luiza SA ON Retailers 4.27 0.63 0.25 Banco Do Brasil ON Banks 41.69 1.75 0.39

Country Details
Banco Do Brasil ON Banks 41.69 1.75 0.25 Centrais Eletricas B Electricity 46.11 2.82 0.30
B3 SA Investment Banking & Brokerage 11.85 3.52 0.23 BB Seguridade Partic Non-life Insurance 28.28 0.93 0.26

TELEF BRASIL Telecommunications Service Prov. 41.14 0.88 -0.08 Rede D Or Sao Luiz Health Care Providers 33.33 0.76 -0.71
Suzano SA (ON) Industrial Materials 44.26 1.57 -0.15 Hapvida Participacoe Health Care Providers 7.28 1.43 -0.91
JBS S/A Ord Food Producers 29.59 1.98 -0.16 Natura & Co Personal Goods 14.42 0.68 -1.49
Petrobras PN Oil Gas and Coal 33.23 9.12 -0.26 Magazine Luiza SA ON Retailers 4.27 0.63 -1.75
Vale SA Industrial Metals and Mining 64.50 12.93 -1.08 Vale SA Industrial Metals and Mining 64.50 12.93 -5.71

FTSE Brazil Index Performance % FTSE Brazil Index Volatility %

160 140

150 120
140
100
130
80
120
60
110

5–13
100 40

90 20

80 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–13
FTSE All-World Review August 2022

Brazil - Industry/Sector/Style Summary WORLD/EMERGING

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % BRL (mn) Wgt % Stocks Cont1M%
0.61 43.4 3.0 40.9 5.6 9.8 Technology 2436.85 14.25 -9.10 -40.19 3272.42 14.56 -8.85 -39.84 16,556 0.81 2 0.10
0.61 43.4 3.0 40.9 5.6 9.8 Software and Computer Services 2436.85 14.25 -9.10 -40.19 3272.42 14.56 -8.85 -39.84 16,556 0.81 2 0.10
7.09 7.0 1.0 3.5 1.6 15.1 Telecommunications 232.71 -7.17 -13.09 -5.62 558.77 -7.17 -10.55 0.30 27,630 1.35 2 -0.11
7.09 7.0 1.0 3.5 1.6 15.1 Telecommunications Service Prov. 925.80 -7.17 -13.09 -5.62 1444.20 -7.17 -10.55 0.30 27,630 1.35 2 -0.11
2.48 30.1 4.0 50.0 4.3 14.3 Health Care 6423.00 8.14 -18.10 -40.07 8038.18 8.14 -17.61 -39.34 64,503 3.16 4 0.24
2.07 36.8 4.8 85.3 4.2 14.3 Health Care Providers 6115.35 10.95 -29.80 -49.13 7483.48 10.95 -29.58 -48.77 47,240 2.31 3 0.23
3.58 20.1 2.8 23.5 4.6 14.2 Pharmaceuticals & Biotechnology 8922.85 1.13 52.35 21.09 12052.70 1.13 54.82 25.56 17,263 0.85 1 0.01
4.61 7.7 1.5 4.8 1.5 20.3 Financials 7051.36 8.47 10.34 -10.97 10319.10 9.35 13.45 -6.63 499,659 24.47 17 1.96
3.67 7.6 1.3 3.1 1.1 18.3 Banks 7806.02 9.66 13.37 -9.76 12056.90 10.60 16.26 -5.94 306,122 14.99 7 1.35
6.30 7.1 1.8 34.4 4.1 27.7 Investment Banking & Brokerage 9365.05 7.42 5.94 -15.13 14434.50 7.86 9.03 -9.92 156,538 7.67 6 0.54
1.51 24.6 1.3 -28.0 0.5 5.2 Life Insurance 88.28 5.06 -10.15 89.05 5.06 -10.15 10,014 0.49 1 0.02
6.68 12.9 4.1 12.1 3.2 32.8 Non-life Insurance 4107.32 2.88 17.61 5.95 6179.20 5.92 24.61 12.47 26,986 1.32 3 0.04
2.33 15.6 1.0 26.6 3.4 6.2 Real Estate 781.21 4.65 2.78 -11.98 809.24 4.65 4.37 -10.03 17,239 0.84 3 0.04
2.33 15.6 1.0 26.6 3.4 6.2 Real Estate Investment & Services 2020.06 4.65 2.78 -11.98 2219.59 4.65 4.37 -10.03 17,239 0.84 3 0.04
1.56 58.8 2.6 -47.3 1.1 9.7 Consumer Discretionary 3470.23 11.29 -18.96 -48.15 3950.41 11.30 -18.16 -47.47 139,821 6.85 13 0.71
1.34 25.1 5.4 -26.3 3.9 23.2 Consumer Services 9189.14 4.50 4.48 -5.31 10816.50 4.50 5.59 -4.01 49,134 2.41 2 0.11
1.40 12.8 1.0 55.9 0.9 9.2 Personal Goods 4473.33 0.89 -34.42 -65.05 7000.97 0.92 -33.95 -64.67 27,077 1.33 4 0.01
1.99 30.9 1.7 -43.3 0.8 6.7 Retailers 3624.21 21.02 -25.82 -57.19 4248.21 21.02 -25.01 -56.61 57,117 2.80 5 0.50
0.00 -1.8 -0.5 -25.8 0.8 -17.6 Travel and Leisure 1264.42 41.63 8.30 -15.77 1376.35 41.63 9.29 -14.63 6,494 0.32 2 0.10
5.33 7.9 2.3 5.5 0.5 30.9 Consumer Staples 10854.60 1.69 -8.96 -12.70 15973.70 1.87 -7.71 -9.04 180,816 8.86 10 0.15
4.46 18.4 2.9 10.5 3.3 16.7 Beverages 24000.50 2.28 -0.97 -10.70 56050.30 2.28 -0.97 -7.22 66,563 3.26 1 0.07
8.92 4.1 1.7 3.2 0.2 43.8 Food Producers 8125.92 -3.47 -22.57 -15.62 10575.70 -3.04 -20.36 -10.51 67,948 3.33 5 -0.12
1.32 18.0 3.1 9.2 0.6 18.0 Personal Care, Drug & Grocery St. 3270.55 9.39 6.22 -6.94 3310.00 9.39 6.91 -5.66 46,305 2.27 4 0.20
1.82 19.7 2.6 52.3 1.9 13.4 Industrials 4900.05 7.78 -6.73 -11.17 6464.42 7.88 -5.80 -9.70 109,073 5.34 9 0.40
13.02 4.2 1.3 4.4 0.9 32.3 Construction and Materials 1590.66 0.92 -34.22 -47.48 2125.33 0.92 -34.22 -43.39 2,977 0.15 1 0.00
0.00 52.6 0.7 3.5 0.4 1.3 Aerospace and Defense 572.68 17.62 -44.32 616.61 17.62 -44.32 10,153 0.50 1 0.08
2.22 32.7 8.7 +ve 5.0 28.8 Industrial Engineering 4679.62 0.89 -14.22 -20.44 6173.43 0.89 -12.94 -19.14 41,947 2.05 1 0.02
4.04 8.5 1.5 9.8 1.3 18.0 Industrial Support Services 1282.19 24.15 132.25 63.96 1413.07 26.16 140.70 77.80 6,315 0.31 1 0.06
0.87 18.2 2.9 -19.7 2.7 16.5 Industrial Transportation 6042.07 11.01 11.76 3.05 8606.82 11.01 12.41 4.02 47,682 2.34 5 0.24
27.63 2.5 1.5 2.3 0.8 65.8 Basic Materials 3474.84 -6.99 -20.38 -34.32 8885.97 -3.19 -13.99 -22.40 369,505 18.10 11 -1.39
4.39 5.1 3.5 3.6 1.3 88.1 Industrial Materials 1728.77 -7.47 -26.45 -27.76 2603.41 -6.93 -24.15 -25.10 47,008 2.30 2 -0.19
31.27 2.3 1.4 2.2 0.8 61.8 Industrial Metals and Mining 2687.95 -7.07 -19.07 -35.12 7789.64 -2.72 -12.01 -21.85 311,827 15.27 7 -1.19
23.74 2.5 3.6 2.4 0.4 +ve Chemicals 2104.87 -2.35 -35.86 -43.98 4512.00 -0.19 -31.57 -32.47 10,669 0.52 2 -0.01
39.87 4.6 1.2 2.6 0.6 30.5 Energy 5408.61 0.59 13.14 16.84 15772.00 17.95 54.43 74.91 403,263 19.75 7 0.12
40.43 4.7 1.3 2.7 0.7 30.6 Oil Gas and Coal 4574.51 0.47 13.97 17.46 14104.00 18.08 56.34 76.73 397,544 19.47 6 0.09
1.36 1.9 0.3 0.5 0.0 25.4 Alternative Energy 816.19 9.75 -24.96 822.52 9.75 -24.38 5,719 0.28 1 0.03
5.05 7.8 1.5 12.4 1.4 17.1 Utilities 2841.65 1.99 16.73 11.28 6682.20 2.34 21.94 18.16 213,651 10.46 17 0.21
5.32 7.8 1.5 12.8 1.4 17.0 Electricity 2320.44 1.37 16.43 9.63 6156.36 1.74 21.90 16.85 196,941 9.65 16 0.13
1.92 7.4 1.3 8.6 1.7 19.0 Gas Water and Multi-utilities 5480.49 10.03 22.32 35.28 8998.07 10.03 24.87 38.10 16,710 0.82 1 0.08
15.41 5.6 1.6 4.2 0.9 29.1 FTSE Brazil 3626.66 2.43 -2.41 -16.91 6692.97 6.66 6.67 -5.21 2,041,717 100.00 95 -

5–14
August 2022 FTSE Russell

Brazil - Constituent Report WORLD/EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% BRL (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Software and Computer Services
0.00 +ve 1.9 41.0 6.9 1.5 Dec 21 BL3W4C9 24.2 0.20 Locaweb Servicos de 9.35 BRL 587 73 4,010 0.0 38.1 -29.0 -61.8 17,075 160.1
0.81 34.7 3.8 40.9 5.3 14.1 Dec 21 B10LQP6 75.8 0.61 Totvs S/A Ord 28.55 BRL 608 72.2 12,546 100.0 8.3 -0.3 -27.9 4,493 131.0
0.61 43.4 3.0 40.9 5.6 9.8 16,556 14.2 -9.1 -40.2 - -
Telecommunications Service Prov.
8.69 7.5 1.0 3.8 1.6 13.1 Dec 21 B6XFBX3 65.4 0.88 TELEF BRASIL 41.14 BRL 1,675 26.2 18,063 0.0 -7.8 -14.6 -5.9 2,525 111.9
4.06 6.1 1.1 3.1 1.6 19.5 Dec 21 BN71RB6 34.6 0.47 Tim SA 11.83 BRL 2,420 33.4 9,567 0.0 -6.0 -10.0 -5.1 7,468 92.7
7.09 7.0 1.0 3.5 1.6 15.1 27,630 -7.2 -13.1 -5.6 - -
Health Care Providers
0.86 44.2 4.9 +ve 5.2 12.7 Dec 21 BF4J7N9 61.7 1.43 Hapvida Participacoe 7.28 BRL 7,087 56.4 29,146 100.0 18.2 -29.9 -50.5 59,476 437.4
3.24 11.9 4.6 5.9 2.8 37.2 Dec 21 B1H6R62 5.4 0.12 Odontoprev S/A Ord 8.99 BRL 569 49.6 2,538 100.0 -9.3 -21.5 -21.2 1,437 14.0
4.15 37.8 4.8 +ve 3.2 12.8 Dec 21 BNDQ8P6 32.9 0.76 Rede D Or Sao Luiz 33.33 BRL 1,972 23.6 15,556 0.0 2.9 -25.7 -51.6 4,694 164.9
2.07 36.8 4.8 85.3 4.2 14.3 47,240 11.0 -29.8 -49.1 - -
Pharmaceuticals & Biotechnology
3.58 20.1 2.8 23.5 4.6 14.2 Dec 21 B2QY968 100.0 0.85 Hypera SA 43.07 BRL 632 63.4 17,263 100.0 1.1 52.4 21.1 2,513 106.9
3.58 20.1 2.8 23.5 4.6 14.2 17,263 1.1 52.4 21.1 - -
Banks
2.37 6.6 1.1 94.5 1.1 17.7 Dec 21 B00FM86 7.8 1.17 Banco Bradesco S/A O 15.84 BRL 5,338 28.2 23,901 25.0 9.5 7.6 -12.6 6,565 103.2
2.46 7.9 1.4 +ve 1.3 17.7 Dec 21 B00FM53 32.2 4.83 Banco Bradesco S/A P 18.96 BRL 5,320 97.7 98,598 50.0 8.8 8.6 -9.9 30,471 577.7

Country Details
8.73 5.6 0.8 1.1 0.7 15.9 Dec 21 2328595 11.7 1.75 Banco Do Brasil ON 41.69 BRL 2,853 30 35,687 0.0 15.9 44.5 37.0 19,389 800.3
0.37 5.6 0.8 1.0 0.4 15.4 Dec 21 BPY3V40 0.9 0.13 Banco Pan S.A. 7.34 BRL 649 56.6 2,699 0.0 10.5 -31.3 -61.0 3,918 28.5
8.81 6.8 1.0 14.9 1.1 15.2 Dec 21 B4V5RY4 3.5 0.53 Banco Santander Braz 29.37 BRL 3,749 9.8 10,825 0.0 3.8 -2.0 -6.6 2,092 61.6
3.07 8.6 1.7 2.2 1.3 19.9 Dec 21 B037HR3 40.7 6.09 Itau Unibanco Holdin 25.81 BRL 4,822 99.9 124,441 75.0 9.3 23.2 1.3 33,857 880.1
3.57 7.3 1.4 1.9 1.1 19.9 Dec 21 B03DN17 3.3 0.49 Itau Unibanco Holdin 22.14 BRL 4,958 9 9,970 25.0 9.2 16.0 -4.8 514 11.4
3.67 7.6 1.3 3.1 1.1 18.3 306,122 9.7 13.4 -9.8 - -
Investment Banking & Brokerage
5.95 12.7 3.2 9.3 7.9 24.2 Dec 21 BG36ZK1 45.9 3.52 B3 SA 11.85 BRL 6,073 99.9 71,901 100.0 6.9 6.4 -15.8 33,680 413.6
39.91 1.0 1.1 1.9 +ve 86.1 Dec 21 B01SCT5 0.4 0.03 Bradespar Ord 20.95 BRL 138 22 637 0.0 2.3 -3.8 -17.7 98 2.0
42.02 1.1 1.2 2.1 +ve 86.1 Dec 21 B01SCS4 3.5 0.27 Bradespar S.A. PN 21.89 BRL 255 98.3 5,491 100.0 -2.6 -12.4 -24.8 2,744 62.5
2.08 7.8 1.4 -3.5 1.4 20.7 Dec 21 BZBZVC7 18.8 1.44 BTG Pactual Particip 25.45 BRL 1,432 80.7 29,439 75.0 13.0 21.2 -9.9 9,922 250.0
1.38 19.7 4.1 24.7 1.4 31.4 Dec 21 BLFG6N4 3.6 0.28 GPS Participacoes e 13.60 BRL 668 62.7 5,694 9.6 -14.3 -24.1 2,127 28.9
5.37 6.6 1.2 21.0 9.2 19.9 Dec 21 2458771 27.7 2.12 Itausa PN 9.15 BRL 5,797 81.7 43,376 0.0 6.0 2.5 -16.9 20,135 185.7
6.30 7.1 1.8 34.4 4.1 27.7 156,538 7.4 5.9 -15.1 - -
Life Insurance
1.51 24.6 1.3 -28.0 0.5 5.2 Dec 21 B27WYK0 100.0 0.49 Sul America SA 24.70 BRL 419 96.6 10,014 100.0 5.1 -10.1 -15.8 2,351 59.8
1.51 24.6 1.3 -28.0 0.5 5.2 10,014 5.1 -10.1 - - -
Non-life Insurance
6.91 14.4 7.8 14.3 10.3 57.6 Dec 21 B9N3SQ0 70.6 0.93 BB Seguridade Partic 28.28 BRL 1,997 33.7 19,057 0.0 -2.4 36.3 48.4 5,003 145.5
5.93 14.4 2.7 17.2 11.1 19.7 Dec 21 BMDWWN3 15.2 0.20 Caixa Seguridade Par 9.11 BRL 3,000 15 4,100 22.3 9.0 -7.7 2,606 22.7
6.38 8.1 1.4 5.8 0.6 18.2 Dec 21 B0498T7 14.2 0.19 Porto Seguro 21.11 BRL 638 28.4 3,829 25.0 14.6 0.9 -26.2 2,512 53.2
6.68 12.9 4.1 12.1 3.2 32.8 26,986 2.9 17.6 6.0 - -
Real Estate Investment & Services

5–15
0.65 29.5 0.6 15.3 6.0 2.2 Dec 21 B1RYG58 39.5 0.33 BR Malls Participaco 8.25 BRL 828 99.7 6,814 0.0 4.0 -0.7 -8.6 8,991 77.4
3.99 5.9 0.9 -30.4 1.1 15.7 Dec 21 2189855 22.5 0.19 Cyrela Brazil Realty 14.16 BRL 385 71.3 3,882 0.0 12.1 -10.3 -30.0 6,486 94.0
3.10 30.2 2.2 19.8 11.0 7.4 Dec 21 B23DZG0 38.0 0.32 Multiplan Empreendim 24.10 BRL 552 49.1 6,543 100.0 1.3 28.7 14.2 4,112 103.1
2.33 15.6 1.0 26.6 3.4 6.2 17,239 4.6 2.8 -12.0 - -
Consumer Services
1.37 28.9 7.8 -17.7 5.5 30.1 Dec 21 B08K3S0 92.5 2.22 Localiza Rent a Car 60.82 BRL 979 76.3 45,425 100.0 5.6 14.8 9.7 6,723 418.1
1.01 9.6 1.1 5.3 0.8 12.1 Dec 21 BJGV3C2 7.5 0.18 Yduqs Participacoes 12.31 BRL 302 99.7 3,709 100.0 -7.1 -40.1 -51.9 4,136 56.5
1.34 25.1 5.4 -26.3 3.9 23.2 49,134 4.5 4.5 -5.3 - -
Personal Goods
2.11 19.5 4.1 18.4 3.5 22.5 Dec 21 B07C796 17.1 0.23 Alpargatas SA PN 20.64 BRL 335 66.9 4,622 100.0 -6.1 -44.2 -65.6 5,181 105.1
4.43 11.3 1.7 10.9 2.9 14.6 Dec 21 B03L0B0 9.6 0.13 Grendene SA 7.64 BRL 902 37.7 2,603 25.0 7.2 -11.7 -28.5 1,221 9.1
0.67 32.4 1.5 -ve 3.8 7.5 Dec 21 BLD4B35 22.1 0.29 Grupo de Moda Soma 13.53 BRL 785 56.2 5,972 33.0 6.3 -23.2 6,695 82.5
0.91 9.5 0.7 +ve 0.5 7.5 Dec 21 BJRFY31 51.3 0.68 Natura & Co 14.42 BRL 1,380 69.7 13,879 100.0 -7.4 -43.3 -72.1 15,374 238.9
1.40 12.8 1.0 55.9 0.9 9.2 27,077 0.9 -34.4 -65.1 - -
Retailers
3.67 13.8 0.9 -18.2 0.7 8.5 Dec 21 BN925F7 19.1 0.53 Americanas SA 16.34 BRL 919 72.6 10,910 100.0 16.7 -48.0 -60.3 33,499 530.2
0.00 18.7 2.2 -ve 0.9 12.6 Dec 21 BN7JD67 4.5 0.13 Grupo Mateus 6.42 BRL 2,209 18 2,558 0.0 49.7 6.5 -10.0 7,434 41.5
2.09 33.6 2.6 21.4 2.5 10.1 Dec 21 B0CGYD6 45.2 1.26 Lojas Renner S.A. 26.47 BRL 981 99.3 25,790 100.0 4.7 8.3 -23.5 13,886 380.6
1.53 37.3 2.5 -6.0 0.8 8.2 Dec 21 B4975P9 22.5 0.63 Magazine Luiza SA ON 4.27 BRL 6,666 45 12,836 100.0 65.5 -40.9 -76.6 199,440 746.9
0.00 -26.6 0.9 21.8 0.2 -3.3 Dec 21 BKSF0G2 8.8 0.25 Via Varejo SA 3.22 BRL 1,596 97.7 5,023 25.0 34.2 -38.7 -69.0 81,893 258.2

5–15
FTSE All-World Review August 2022

Brazil - Constituent Report WORLD/EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% BRL (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Retailers
1.99 30.9 1.7 -43.3 0.8 6.7 57,117 21.0 -25.8 -57.2 - -
Travel and Leisure
0.00 -1.3 -0.3 -17.7 0.6 N/A Dec 21 BD97PR4 70.5 0.22 Azul S.A. 16.49 BRL 334 83.2 4,580 100.0 40.6 -32.3 -56.3 9,855 154.4
0.00 -16.2 2.2 +ve 5.7 -17.6 Dec 21 BF4XNJ9 29.5 0.09 Smartfit Escola de G 16.64 BRL 586 19.6 1,914 44.2 4.0 -38.4 1,680 24.8
0.00 -1.8 -0.5 -25.8 0.8 -17.6 6,494 41.6 8.3 -15.8 - -
Beverages
4.46 18.4 2.9 10.5 3.3 16.7 Dec 21 BG7ZWY7 100.0 3.26 Ambev SA 15.27 BRL 15,739 27.6 66,563 75.0 2.3 -1.0 -10.7 19,494 297.6
4.46 18.4 2.9 10.5 3.3 16.7 66,563 2.3 -1.0 -10.7 - -
Food Producers
0.00 23.6 2.0 6.3 0.4 8.5 Dec 21 2036995 18.7 0.62 BRF S.A. 15.85 BRL 1,077 74.2 12,686 25.0 -0.7 -29.6 -32.3 10,624 174.1
10.14 3.2 1.5 3.1 0.2 50.0 Dec 21 B1V74X7 59.5 1.98 JBS S/A Ord 29.59 BRL 2,245 60.8 40,438 0.0 -7.4 -22.0 -5.1 8,523 263.2
4.60 26.8 2.0 14.9 1.8 7.8 Dec 21 B1FRH89 7.7 0.26 M. Dias Branco Indus 42.27 BRL 338 36.6 5,235 100.0 35.7 65.8 33.6 1,807 71.4
30.33 1.8 2.3 1.0 0.1 +ve Dec 21 B1YWHR4 6.6 0.22 Marfrig Global Foods 13.15 BRL 691 49.6 4,518 25.0 -0.4 -40.4 -35.8 9,615 134.9
6.89 7.4 2.1 3.2 1.9 32.0 Mar 22 B1P3R43 7.5 0.25 Sao Martinho SA ON 31.86 BRL 346 45.9 5,071 100.0 -9.0 -7.5 -0.9 1,152 38.9
8.92 4.1 1.7 3.2 0.2 43.8 67,948 -3.5 -22.6 -15.6 - -
Personal Care, Drug & Grocery St.
2.94 12.0 2.3 9.7 0.5 20.0 Dec 21 BF7LBH4 11.0 0.25 Atacadao SA 19.75 BRL 1,985 13 5,110 75.0 6.0 29.5 8.8 3,684 73.3
1.63 5.5 0.4 2.1 0.1 7.8 Dec 21 2667793 7.4 0.17 Companhia Brasileira 21.69 BRL 269 58.5 3,418 0.0 33.0 -0.2 -23.4 2,948 55.5
1.15 41.3 7.7 23.1 1.5 19.2 Dec 21 B7FQV64 50.3 1.14 Raia Drogasil SA 21.76 BRL 1,648 64.8 23,268 100.0 3.7 -10.5 -14.9 6,208 138.7
0.94 15.2 9.0 7.6 0.6 78.1 Dec 21 BMZ9R04 31.3 0.71 Sendas Distribuidora 18.39 BRL 1,347 58.5 14,509 0.0 16.0 41.9 9.4 8,291 145.6
1.32 18.0 3.1 9.2 0.6 18.0 46,305 9.4 6.2 -6.9 - -
Construction and Materials
13.02 4.2 1.3 4.4 0.9 32.3 Dec 21 BN7F4X9 100.0 0.15 Dexco SA 9.84 BRL 760 39.8 2,977 0.0 0.9 -34.2 -47.5 3,809 40.7
13.02 4.2 1.3 4.4 0.9 32.3 2,977 0.9 -34.2 -47.5 - -
Aerospace and Defense
0.00 52.6 0.7 3.5 0.4 1.3 Dec 21 B16FPG6 100.0 0.50 EMBRAER SA 13.82 BRL 735 99.9 10,153 0.0 17.6 -44.3 -41.0 5,933 83.3
0.00 52.6 0.7 3.5 0.4 1.3 10,153 17.6 -44.3 - - -
Industrial Engineering
2.22 32.7 8.7 +ve 5.0 28.8 Dec 21 2945422 100.0 2.05 WEG Ord 28.29 BRL 4,196 35.3 41,947 100.0 0.9 -14.2 -20.4 7,050 206.3
2.22 32.7 8.7 +ve 5.0 28.8 41,947 0.9 -14.2 -20.4 - -
Industrial Support Services
4.04 8.5 1.5 9.8 1.3 18.0 Dec 21 B614LY3 100.0 0.31 Cielo SA 5.50 BRL 2,702 42.4 6,315 0.0 24.2 141.2 91.6 29,738 157.9
4.04 8.5 1.5 9.8 1.3 18.0 6,315 24.2 132.2 64.0 - -
Industrial Transportation
1.60 95.2 5.0 -9.3 14.2 9.7 Dec 21 BN94NV5 2.3 0.05 Armac Locacao Logist 16.00 BRL 346 20.1 1,117 34.7 -38.9 -22.1 404 6.1
1.19 7.7 3.4 6.1 2.3 45.4 Dec 21 2840970 32.3 0.75 CCR SA 13.79 BRL 2,020 55.2 15,385 100.0 6.2 19.0 12.6 8,125 113.3
0.10 +ve 2.5 18.0 5.0 2.1 Dec 21 BYXZ2W5 53.1 1.24 Rumo S.A. 20.21 BRL 1,853 67.5 25,302 100.0 15.2 13.8 8.0 10,237 196.7
4.83 10.0 2.5 -0.6 0.6 32.5 Dec 21 BMC4304 6.6 0.15 Simpar SA 10.70 BRL 826 35.7 3,162 0.0 3.6 -8.4 -27.9 2,383 26.8
1.39 33.0 5.1 -2.8 4.8 26.1 Dec 21 BJLSQZ2 5.7 0.13 Vamos Locacao de Cam 14.11 BRL 961 20 2,715 0.0 3.8 17.8 -7.2 3,335 49.7
0.87 18.2 2.9 -19.7 2.7 16.5 47,682 11.0 11.8 3.1 - -
Industrial Materials
7.36 3.7 2.8 4.4 1.0 90.8 Dec 21 BJ0K6Z9 31.7 0.73 Klabin SA 18.83 BRL 858 92.2 14,911 25.0 -5.5 -26.6 -28.4 6,872 136.4
3.01 6.2 4.0 3.4 1.5 86.1 Dec 21 B02GKC7 68.3 1.57 Suzano SA (ON) 44.26 BRL 1,349 53.7 32,097 75.0 -8.3 -26.4 -27.4 5,774 276.3
4.39 5.1 3.5 3.6 1.3 88.1 47,008 -7.5 -26.5 -27.8 - -
Industrial Metals and Mining
25.63 3.1 1.4 2.3 1.0 51.9 Dec 21 BKZ72K9 0.6 0.09 CSN Mineracao 3.62 BRL 5,486 9.5 1,896 0.0 3.4 -46.3 -49.2 8,407 31.8
14.92 2.5 0.9 3.2 0.5 43.0 Dec 21 2645517 8.0 1.22 Gerdau PN 23.32 BRL 1,136 93.7 24,845 25.0 -4.7 -14.5 -17.7 12,623 307.6
25.08 1.0 0.7 0.8 0.1 81.7 Dec 21 2648862 2.3 0.35 Metalurgica Gerdau S 9.97 BRL 716 99.6 7,114 0.0 -2.5 -12.4 -22.9 6,524 66.6
15.46 1.5 0.9 1.3 0.4 81.8 Dec 21 B019KX8 2.8 0.43 SID Nacional ON 13.80 BRL 1,380 46.5 8,858 100.0 -6.2 -44.8 -60.4 11,051 169.4
7.04 1.1 0.5 1.8 0.3 49.8 Dec 21 2193696 0.4 0.07 Usiminas On 8.12 BRL 703 24.1 1,377 0.0 -2.5 -44.0 -55.6 459 4.0
7.84 1.1 0.5 1.8 0.3 49.8 Dec 21 2386009 1.2 0.18 Usiminas PN A 8.02 BRL 528 87 3,689 25.0 -6.9 -47.1 -56.6 19,943 176.5
34.00 2.5 1.6 2.2 1.1 64.9 Dec 21 2196286 84.7 12.93 Vale SA 64.50 BRL 4,794 85.3 264,047 75.0 -7.5 -17.3 -34.6 32,350 2,213.3
31.27 2.3 1.4 2.2 0.8 61.8 311,827 -7.1 -19.1 -35.1 - -
Chemicals
30.33 1.7 3.1 1.6 0.2 +ve Dec 21 B0774N4 53.9 0.28 Braskem S.A. PN 30.45 BRL 344 54.8 5,751 100.0 -17.0 -47.2 -53.9 1,936 65.6
16.03 5.1 4.6 4.8 1.7 +ve Dec 21 2905879 46.1 0.24 Uniao Industrias Pet 102.50 BRL 65 73.4 4,918 23.0 9.2 24.7 251 23.0
23.74 2.5 3.6 2.4 0.4 +ve 10,669 -2.4 -35.9 -44.0 - -
Oil Gas and Coal
4.76 5.4 2.5 9.3 1.5 53.6 Dec 21 B0P72G5 6.0 1.17 Cosan S/A Industria 19.98 BRL 1,869 63.9 23,881 25.0 7.0 -7.9 -9.4 5,488 112.0
0.00 16.0 3.6 12.8 5.5 30.8 Dec 21 BYY0144 4.6 0.90 Petro Rio S.A. 27.31 BRL 878 76.1 18,277 100.0 12.8 32.1 42.5 14,703 367.2
48.38 4.5 1.3 2.5 1.1 30.8 Dec 21 2682365 34.6 6.74 Petrobras ON 37.17 BRL 7,442 49.7 137,594 75.0 0.6 21.1 33.1 20,903 771.1
49.27 4.1 1.1 2.2 1.0 30.8 Dec 21 2684532 46.8 9.12 Petrobras PN 33.23 BRL 5,602 99.9 186,142 50.0 -2.7 16.8 22.2 87,987 2,966.8
5.79 13.9 1.5 8.0 0.1 10.8 Dec 21 B0FHTN1 2.8 0.54 Ultrapar Participaco 13.53 BRL 1,089 74.3 10,947 0.0 6.6 -6.9 -6.3 6,231 85.3
3.17 8.1 1.7 10.7 0.2 20.7 Dec 21 BPBLV81 5.2 1.01 Vibra Energia 18.36 BRL 1,128 100 20,703 0.0 10.3 -14.2 -32.5 9,565 175.8

5–16
August 2022 FTSE Russell

Brazil - Constituent Report WORLD/EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% BRL (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Oil Gas and Coal
40.43 4.7 1.3 2.7 0.7 30.6 397,544 0.5 14.0 17.5 - -
Alternative Energy
1.36 1.9 0.3 0.5 0.0 25.4 Mar 22 BL66B27 100.0 0.28 Raizen Energia PFD 4.84 BRL 1,359 86.9 5,719 9.8 -25.0 -31.8 10,198 50.8
1.36 1.9 0.3 0.5 0.0 25.4 5,719 9.8 -25.0 - - -
Electricity
0.00 +ve 3.4 15.1 5.9 3.7 Dec 21 BMXHJ82 2.8 0.27 Auren Energia SA 15.37 BRL 1,000 35.8 5,515 0.0 8.3 -3.3 -11.2 3,156 45.5
7.11 8.8 2.3 11.0 1.2 27.6 Dec 21 B1YBRK4 3.0 0.29 Cemig ON 18.34 BRL 736 44.2 5,976 50.0 7.8 28.7 42.9 240 4.5
10.77 5.8 1.5 7.2 0.8 27.6 Dec 21 B1YBRG0 7.8 0.75 Cemig PN 12.10 BRL 1,465 86.3 15,297 25.0 7.7 20.0 16.4 7,909 97.1
1.55 18.1 1.4 13.1 2.9 7.9 Dec 21 2311120 29.2 2.82 Centrais Eletricas B 46.11 BRL 1,917 65.1 57,574 75.0 0.7 38.0 22.5 10,361 494.9
3.12 12.7 1.0 9.1 2.0 7.9 Dec 21 2308445 6.7 0.65 Centrais Eletricas B 47.90 BRL 280 98.9 13,267 50.0 1.2 45.1 26.8 3,218 159.1
16.78 3.5 0.9 5.6 0.8 26.2 Dec 21 2200154 4.7 0.45 Cia Paranaense de En 6.97 BRL 1,679 78.7 9,216 0.0 -0.3 8.2 1.9 6,829 48.4
16.21 3.3 0.8 5.3 0.7 26.2 Dec 21 2192831 1.1 0.10 Cia Paranaense de En 6.56 BRL 1,054 30.3 2,098 0.0 1.4 7.2 10.3 705 4.6
9.27 6.8 2.7 10.4 1.0 40.8 Dec 21 B031NN3 3.3 0.32 CPFL Energia 34.97 BRL 1,152 16.2 6,565 100.0 6.5 30.3 20.4 2,190 75.9
12.88 5.1 1.2 10.0 0.7 23.9 Dec 21 B0D7494 3.0 0.29 EDP-Energias do Bras 22.69 BRL 577 44.9 5,886 0.0 4.6 8.4 23.0 2,787 63.4
15.05 5.2 1.1 21.6 2.8 21.6 Dec 21 2440972 2.3 0.22 Energia Paulista PN 23.85 BRL 401 46.8 4,478 50.0 4.7 -1.9 -3.0 1,831 43.7
7.95 2.7 1.3 -ve 0.4 54.0 Dec 21 B56XQT8 5.4 0.52 Energisa S/A 42.29 BRL 265 95 10,643 100.0 -4.0 -4.7 -4.7 2,122 94.1
0.00 20.1 2.7 29.2 4.7 14.2 Dec 21 BFWHKM5 9.4 0.91 Eneva 15.50 BRL 1,560 76.4 18,492 100.0 1.9 9.5 -1.1 5,942 91.6
5.53 19.0 4.2 12.2 2.6 22.1 Dec 21 BD1WX84 3.6 0.35 Engie Brasil 40.50 BRL 816 21.4 7,078 50.0 -8.6 5.4 7.9 2,037 86.5
2.65 5.7 2.1 20.4 1.1 40.0 Dec 21 B128R96 11.2 1.08 Equatorial Energia S 24.18 BRL 1,100 82.7 22,000 100.0 -2.5 6.9 -5.0 7,514 186.0

Country Details
4.83 3.6 0.8 +ve 0.5 24.7 Dec 21 BF8GMG4 1.9 0.18 Neoenergia 16.53 BRL 1,214 18.6 3,746 0.0 11.6 2.0 -0.5 1,846 30.3
12.75 6.5 2.1 11.9 4.1 34.8 Dec 21 B1G8KX7 4.6 0.45 Transmissora Alianca 41.68 BRL 345 63.4 9,110 0.0 3.0 14.6 9.9 1,896 79.3
5.32 7.8 1.5 12.8 1.4 17.0 196,941 1.4 16.4 9.6 - -
Gas Water and Multi-utilities
1.92 7.4 1.3 8.6 1.7 19.0 Dec 21 B1YCHL8 100.0 0.82 Sabesp ON 49.15 BRL 684 49.7 16,710 95.2 10.0 22.3 36.0 2,956 137.8
1.92 7.4 1.3 8.6 1.7 19.0 16,710 10.0 22.3 35.3 - -
FTSE Brazil
15.41 5.6 1.6 4.2 0.9 29.1 2,041,717 2.4 -2.4 -16.9 - -

5–17

5–17
FTSE All-World Review August 2022

Canada - Overview WORLD/DEVELOPED

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Bausch Health Pharmaceuticals & Biotechnology 7.88 33.56 Cenovus Energy Oil Gas and Coal 24.64 135.34
Teck Resources Ltd Industrial Metals and Mining 44.48 18.14 Imperial Oil Oil Gas and Coal 64.46 93.05
Restaurant Brands In Travel and Leisure 77.53 12.94 Suncor Energy Oil Gas and Coal 42.49 80.35
Nutrien Chemicals 120.57 9.99 Canadian Natural Rs. Oil Gas and Coal 72.00 76.10
Waste Connections In Waste and Disposal Services 182.86 7.14 Nutrien Chemicals 120.57 57.20

Bank of Nova Scotia Banks 72.62 -6.91 Magna International Automobiles and Parts 75.87 -23.85
Magna International Automobiles and Parts 75.87 -7.22 Agnico Eagle Mines Precious Metals and Mining 54.16 -25.40
TC Energy Oil Gas and Coal 63.29 -7.29 Wheaton Precious Met Precious Metals and Mining 40.09 -29.49
Wheaton Precious Met Precious Metals and Mining 40.09 -8.76 SHOPIFY INC Software and Computer Services 41.58 -78.42
Constellation Softwa Software and Computer Services 1,977.02 -9.24 Bausch Health Pharmaceuticals & Biotechnology 7.88 -78.56

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Nutrien Chemicals 120.57 3.25 0.29 Canadian Natural Rs. Oil Gas and Coal 72.00 4.03 1.72
Teck Resources Ltd Industrial Metals and Mining 44.48 1.02 0.15 Suncor Energy Oil Gas and Coal 42.49 2.99 1.30
Canadian Natural Rs. Oil Gas and Coal 72.00 4.03 0.15 Nutrien Chemicals 120.57 3.25 1.16
Waste Connections In Waste and Disposal Services 182.86 2.30 0.15 Cenovus Energy Oil Gas and Coal 24.64 1.50 0.83
Restaurant Brands In Travel and Leisure 77.53 1.15 0.13 Canadian Pac Railwy Industrial Transportation 98.32 4.47 0.46

Royal Bank Of Canada Banks 122.13 8.48 -0.19 CIBC Banks 62.11 2.68 -0.43
Bank of Montreal Banks 121.25 3.85 -0.20 Brookfield Asset Man Investment Banking & Brokerage 63.18 4.12 -0.43
TC Energy Oil Gas and Coal 63.29 3.13 -0.23 Barrick Gold Precious Metals and Mining 19.50 1.69 -0.47
Bank of Nova Scotia Banks 72.62 4.28 -0.31 Royal Bank Of Canada Banks 122.13 8.48 -0.49
Enbridge Oil Gas and Coal 54.16 5.37 -0.33 SHOPIFY INC Software and Computer Services 41.58 2.31 -7.95

FTSE Canada Index Performance % FTSE Canada Index Volatility %

140 120

130 100
120
80
110
60
100
40
90

80 20

70 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–18
August 2022 FTSE Russell

Canada - Industry/Sector/Style Summary WORLD/DEVELOPED

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % CAD (mn) Wgt % Stocks Cont1M%
0.09 19.4 5.4 28.0 5.0 31.8 Technology 62.49 -7.36 -59.65 -62.09 89.04 -7.36 -59.63 -62.06 107,346 5.26 3 -0.41
0.09 19.4 5.4 28.0 5.0 31.8 Software and Computer Services 1409.53 -7.36 -59.65 -62.09 1984.54 -7.36 -59.63 -62.06 107,346 5.26 3 -0.41
4.40 15.8 2.8 7.7 2.4 18.6 Telecommunications 1096.84 -2.30 -5.82 -6.56 3290.95 -2.24 -3.80 -2.72 66,977 3.28 4 -0.08
4.40 15.8 2.8 7.7 2.4 18.6 Telecommunications Service Prov. 812.03 -2.30 -5.82 -6.56 3406.56 -2.24 -3.80 -2.72 66,977 3.28 4 -0.08
0.00 5.3 -21.3 1.6 0.3 +ve Health Care 84.50 33.56 -77.75 -81.95 148.55 33.56 -77.75 -81.95 2,500 0.12 1 0.03
0.00 5.3 -21.3 1.6 0.3 +ve Pharmaceuticals & Biotechnology 84.50 33.56 -77.75 -81.95 148.55 33.56 -77.75 -81.95 2,500 0.12 1 0.03
4.16 9.3 1.5 7.9 1.6 17.5 Financials 875.77 -2.31 -12.12 -5.70 2998.70 -2.14 -9.87 -2.20 833,039 40.81 15 -0.95
4.59 9.6 1.6 12.7 2.8 17.3 Banks 1871.45 -2.61 -12.64 -4.80 7841.30 -2.61 -10.25 -0.97 576,679 28.25 6 -0.75
1.61 8.9 4.1 29.3 8.8 52.6 Finance and Credit Services 2701.80 0.58 -4.40 -1.90 8027.77 0.96 -3.15 -0.29 23,848 1.17 1 0.01
1.33 14.6 1.8 10.3 1.1 14.3 Investment Banking & Brokerage 2276.45 -0.68 -17.45 -10.47 6721.92 -0.41 -16.70 -9.38 86,990 4.26 2 -0.03
5.53 6.7 1.0 2.4 0.6 15.8 Life Insurance 455.52 -2.76 -13.50 -12.68 1537.87 -1.70 -10.35 -8.19 104,415 5.12 4 -0.14
2.07 7.0 1.5 6.1 1.1 25.0 Non-life Insurance 1060.13 -1.91 11.41 12.80 3018.70 -1.91 13.10 15.26 41,107 2.01 2 -0.04
1.90 22.2 4.9 13.1 1.4 22.6 Consumer Discretionary 1325.28 0.47 -0.97 0.75 2757.78 0.60 0.20 2.65 119,619 5.86 5 0.03
3.11 11.0 1.5 6.1 0.5 13.9 Automobiles and Parts 707.19 -7.22 -25.87 -23.85 1477.57 -6.56 -24.30 -21.85 20,825 1.02 1 -0.08
1.02 30.8 9.9 20.9 2.2 27.1 Retailers 1455.47 -0.67 8.45 12.71 2540.17 -0.67 9.15 13.85 75,311 3.69 3 -0.02
3.65 22.4 8.7 11.4 3.4 39.4 Travel and Leisure 1964.52 12.94 1.08 -4.35 4125.90 12.94 3.19 -0.62 23,483 1.15 1 0.13
1.64 17.8 2.9 9.3 0.7 16.4 Consumer Staples 1239.59 -0.54 7.63 12.59 2500.71 -0.42 8.67 14.51 53,475 2.62 4 -0.01
2.16 33.2 2.1 19.0 0.9 6.5 Food Producers 1715.75 5.44 17.02 -6.03 3317.20 5.44 18.47 -3.77 8,041 0.39 1 0.02
1.55 16.4 3.1 8.5 0.7 18.9 Personal Care, Drug & Grocery St. 2506.51 -1.53 6.14 16.48 4311.64 -1.39 7.11 18.32 45,434 2.23 3 -0.03

Country Details
1.34 26.0 3.5 19.0 9.0 18.3 Industrials 1206.91 -3.19 4.12 9.50 1897.29 -3.19 4.83 10.96 187,148 9.17 2 -0.30
1.34 26.0 3.5 19.0 9.0 18.3 Industrial Transportation 2549.54 -3.19 4.12 9.50 4209.65 -3.19 4.83 10.96 187,148 9.17 2 -0.30
2.62 16.4 1.9 10.4 2.8 11.9 Basic Materials 312.46 2.49 -2.26 2.07 577.71 2.89 -0.82 4.30 194,641 9.54 6 0.23
1.12 8.4 1.0 5.5 1.8 13.3 Industrial Metals and Mining 1753.25 18.14 22.10 56.34 1786.97 18.14 23.85 59.07 20,894 1.02 1 0.15
3.25 21.2 2.0 10.7 4.7 9.7 Precious Metals and Mining 194.85 -4.03 -17.47 -21.63 340.84 -3.34 -16.00 -19.87 107,308 5.26 4 -0.22
2.09 15.3 2.2 13.7 1.9 14.9 Chemicals 2335.57 9.99 26.81 57.20 4958.94 9.99 28.14 60.93 66,439 3.25 1 0.29
4.90 17.6 2.0 7.6 2.2 12.0 Energy 585.00 -2.62 23.01 37.30 1429.37 -2.15 26.57 44.10 385,942 18.91 7 -0.50
4.90 17.6 2.0 7.6 2.2 12.0 Oil Gas and Coal 542.61 -2.62 23.01 37.30 1187.72 -2.15 26.57 44.10 385,942 18.91 7 -0.50
2.09 29.2 2.6 13.4 4.0 9.1 Utilities 1109.49 1.91 2.72 8.30 5465.16 2.33 4.28 10.65 90,591 4.44 4 0.08
3.54 19.7 1.7 9.6 2.9 8.6 Electricity 307.83 -3.18 -1.60 3.69 1709.93 -2.57 0.74 7.39 38,851 1.90 2 -0.06
4.42 26.9 2.1 8.1 3.1 7.9 Gas Water and Multi-utilities 1577.24 -3.06 9.51 12.52 7887.62 -2.01 13.39 17.95 4,867 0.24 1 -0.01
0.66 49.6 5.3 22.1 6.1 10.8 Waste and Disposal Services 1419.61 7.14 6.07 12.16 1434.28 7.31 6.63 12.95 46,873 2.30 1 0.15
3.39 13.4 2.0 9.3 2.0 16.1 FTSE Canada 724.40 -1.88 -9.15 -4.84 1813.96 -1.65 -7.31 -1.94 2,041,277 100.00 51 -

5–19

5–19
FTSE All-World Review August 2022

Canada - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% CAD (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Software and Computer Services
0.00 16.3 3.6 12.0 2.1 21.9 Sep 21 BJ2L575 20.9 1.10 CGI 104.00 CAD 217 99.3 22,403 100.0 -5.3 -7.0 -7.8 347 37.6
0.26 40.4 31.2 26.6 6.5 77.6 Dec 21 B15C4L6 35.1 1.85 Constellation Softwa 1,977.02 CAD 21 90 37,708 100.0 -9.2 -15.8 -7.5 42 89.2
0.00 14.6 3.8 85.2 9.3 33.1 Dec 21 BX865C7 44.0 2.31 SHOPIFY INC 41.58 CAD 1,140 99.6 47,235 100.0 -6.8 -76.1 -78.4 4,795 229.0
0.09 19.4 5.4 28.0 5.0 31.8 107,346 -7.4 -59.7 -62.1 - -
Telecommunications Service Prov.
5.81 15.6 3.1 7.2 2.5 20.7 Dec 21 B188TH2 28.7 0.94 BCE Inc 63.38 CAD 910 33.3 19,225 0.0 -2.0 -3.7 -3.7 2,732 176.6
3.54 17.3 2.7 6.8 1.9 16.3 Dec 21 2169051 29.5 0.97 Rogers Comm. B 56.55 CAD 394 88.8 19,778 75.0 -3.9 -6.1 -12.0 1,834 106.3
3.52 15.1 2.8 8.8 3.1 18.7 Aug 21 2801836 21.5 0.71 Shaw Comms. Inc. B 33.68 CAD 477 89.7 14,410 0.0 -2.8 -12.3 -9.3 2,302 80.1
4.58 14.8 2.7 9.3 2.4 20.2 Dec 21 2381093 20.3 0.66 Telus Corporation 29.58 CAD 1,376 33.3 13,564 0.0 0.3 -0.7 1.8 3,743 111.5
4.40 15.8 2.8 7.7 2.4 18.6 66,977 -2.3 -5.8 -6.6 - -
Pharmaceuticals & Biotechnology
0.00 5.3 -21.3 1.6 0.3 +ve Dec 21 BFFY852 100.0 0.12 Bausch Health 7.88 CAD 362 87.7 2,500 0.0 33.6 -77.4 -78.6 2,421 17.4
0.00 5.3 -21.3 1.6 0.3 +ve 2,500 33.6 -77.8 -82.0 - -
Banks
4.59 9.7 1.5 -ve 2.5 16.0 Oct 21 2076009 13.6 3.85 Bank of Montreal 121.25 CAD 649 99.9 78,606 50.0 -5.0 -11.0 -3.4 3,152 406.7
5.67 8.6 1.4 -3.4 2.3 15.9 Oct 21 2076281 15.2 4.28 Bank of Nova Scotia 72.62 CAD 1,204 99.9 87,444 0.0 -6.9 -18.9 -7.1 4,247 328.8
5.35 8.3 1.4 +ve 2.4 17.1 Oct 21 2170525 9.5 2.68 CIBC 62.11 CAD 903 97.7 54,784 0.0 -4.1 -15.8 -14.4 3,032 199.4
4.24 8.8 1.8 3.3 2.6 22.5 Oct 21 2077303 5.1 1.43 National Bank of Can 86.89 CAD 336 99.7 29,150 100.0 -3.3 -9.9 -13.2 1,210 110.5
4.19 10.1 1.9 6.8 3.0 19.8 Oct 21 2754383 30.0 8.48 Royal Bank Of Canada 122.13 CAD 1,418 99.9 173,109 13.8 -2.2 -9.0 -5.8 4,488 565.9
4.21 10.4 1.6 4.1 3.2 16.0 Oct 21 2897222 26.6 7.52 Toronto-Dominion Com 84.49 CAD 1,819 99.9 153,586 100.0 1.6 -12.9 3.1 5,836 499.3
4.59 9.6 1.6 12.7 2.8 17.3 576,679 -2.6 -12.6 -4.8 - -
Finance and Credit Services
1.61 8.9 4.1 29.3 8.8 52.6 Dec 21 BFXPTB0 100.0 1.17 Thomson Reuters 144.62 CAD 486 33.9 23,848 100.0 0.6 -4.4 -1.9 565 83.1
1.61 8.9 4.1 29.3 8.8 52.6 23,848 0.6 -4.4 -1.9 - -
Investment Banking & Brokerage
1.16 14.9 1.9 10.3 1.0 14.2 Dec 21 2092599 96.7 4.12 Brookfield Asset Man 63.18 CAD 1,570 84.7 84,076 75.0 -0.6 -17.3 -10.0 1,763 116.2
6.29 8.4 1.3 9.1 2.4 17.9 Dec 21 2469375 3.3 0.14 IGM Financial 35.75 CAD 240 33.9 2,913 50.0 -3.8 -21.6 -22.3 332 12.4
1.33 14.6 1.8 10.3 1.1 14.3 86,990 -0.7 -17.4 -10.5 - -
Life Insurance
6.35 8.3 1.3 2.8 0.4 15.8 Dec 21 2384951 8.0 0.41 Great-West Lifeco 30.85 CAD 932 29 8,362 0.0 -0.9 -18.7 -21.0 3,353 107.6
5.81 5.9 0.9 1.9 0.7 15.2 Dec 21 2492519 42.1 2.16 Manulife Financial 22.72 CAD 1,937 99.9 44,005 0.0 -3.1 -5.8 -7.5 11,806 279.2
5.86 6.2 0.9 1.9 0.3 15.1 Dec 21 2697701 17.4 0.89 Power Corp Canada 33.77 CAD 616 87.1 18,142 0.0 -3.0 -19.2 -22.4 1,913 66.3
4.77 8.2 1.4 4.4 0.9 17.9 Dec 21 2566124 32.5 1.66 Sun Life Financial 57.86 CAD 586 99.9 33,906 0.0 -2.7 -17.8 -10.8 3,409 205.1
5.53 6.7 1.0 2.4 0.6 15.8 104,415 -2.8 -13.5 -12.7 - -
Non-life Insurance
2.00 3.5 0.9 3.3 0.6 27.2 Dec 21 2566351 34.1 0.69 Fairfax Fin. Holdgs 654.74 CAD 24 90 14,037 75.0 -5.1 5.2 17.2 61 40.5
2.10 14.4 2.4 10.7 1.9 21.2 Dec 21 B04YJV1 65.9 1.33 Intact Financial 190.25 CAD 176 80.8 27,070 75.0 -0.2 15.7 10.7 379 72.7
2.07 7.0 1.5 6.1 1.1 25.0 41,107 -1.9 11.4 12.8 - -
Automobiles and Parts
3.11 11.0 1.5 6.1 0.5 13.9 Dec 21 2554475 100.0 1.02 Magna International 75.87 CAD 295 93 20,825 0.0 -7.2 -25.9 -23.8 881 70.2
3.11 11.0 1.5 6.1 0.5 13.9 20,825 -7.2 -25.9 -23.8 - -
Retailers
0.78 72.3 15.6 50.4 3.2 22.3 Apr 22 2528102 59.3 2.19 Alimentation Couche 56.44 CAD 1,036 76.4 44,677 100.0 -1.3 6.5 10.7 1,885 109.4
4.21 7.3 1.8 5.0 0.6 25.9 Jan 22 2172286 11.4 0.42 Canadian Tire Corp A 154.47 CAD 56 98.6 8,554 0.0 -6.1 -14.9 -19.5 331 54.9
0.28 34.1 -ve 21.9 5.4 +ve Jan 22 B4TP9G2 29.3 1.08 Dollarama Inc 79.98 CAD 292 94.6 22,080 100.0 3.1 26.3 39.0 840 66.7
1.02 30.8 9.9 20.9 2.2 27.1 75,311 -0.7 8.5 12.7 - -
Travel and Leisure
3.65 22.4 8.7 11.4 3.4 39.4 Dec 21 BTF8CF0 100.0 1.15 Restaurant Brands In 77.53 CAD 318 95.3 23,483 100.0 12.9 1.1 -4.4 826 63.2
3.65 22.4 8.7 11.4 3.4 39.4 23,483 12.9 1.1 -4.4 - -
Food Producers
2.16 33.2 2.1 19.0 0.9 6.5 Mar 22 2112226 100.0 0.39 Saputo 33.35 CAD 417 57.8 8,041 100.0 5.4 17.0 -6.0 593 19.9
2.16 33.2 2.1 19.0 0.9 6.5 8,041 5.4 17.0 -6.0 - -
Personal Care, Drug & Grocery St.
1.40 14.3 3.4 9.3 0.7 24.4 Jan 22 2521800 40.2 0.90 Loblaw Companies 116.07 CAD 333 47.2 18,271 0.0 -0.4 12.0 30.6 626 74.5
1.59 18.5 2.6 11.7 0.9 14.4 Sep 21 2583952 36.4 0.81 Metro Inc. 69.08 CAD 240 99.8 16,545 100.0 -2.6 2.6 7.5 429 30.3
1.76 17.7 3.6 5.4 0.4 18.9 Dec 21 2956662 23.4 0.52 Weston (George) 150.15 CAD 147 48.2 10,617 0.0 -1.8 2.4 10.4 214 33.1
1.55 16.4 3.1 8.5 0.7 18.9 45,434 -1.5 6.1 16.5 - -
Industrial Transportation
1.88 22.0 4.7 15.5 7.5 23.1 Dec 21 2180632 51.2 4.70 Canadian Natl Railwy 156.19 CAD 691 88.8 95,874 100.0 -3.7 0.5 5.2 1,123 181.8
0.77 32.0 2.7 24.8 11.4 13.9 Dec 21 2793115 48.8 4.47 Canadian Pac Railwy 98.32 CAD 930 99.8 91,274 100.0 -2.6 8.1 13.4 1,543 158.7
1.34 26.0 3.5 19.0 9.0 18.3 187,148 -3.2 4.1 9.5 - -
Industrial Metals and Mining
1.12 8.4 1.0 5.5 1.8 13.3 Dec 21 2879327 100.0 1.02 Teck Resources Ltd 44.48 CAD 532 88.3 20,894 0.0 18.1 22.1 56.3 2,649 112.3
1.12 8.4 1.0 5.5 1.8 13.3 20,894 18.1 22.1 56.3 - -
Precious Metals and Mining
3.87 36.3 3.3 15.0 5.2 9.2 Dec 21 2009823 23.0 1.21 Agnico Eagle Mines 54.16 CAD 456 99.8 24,643 82.1 -1.6 -19.4 -25.4 2,249 128.5

5–20
August 2022 FTSE Russell

Canada - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% CAD (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Precious Metals and Mining
5.37 13.7 1.2 5.7 2.3 8.5 Dec 21 2024644 32.2 1.69 Barrick Gold 19.50 CAD 1,779 99.5 34,534 0.0 -3.4 -18.9 -22.5 13,157 272.4
1.06 32.9 4.0 25.2 18.5 12.6 Dec 21 B29NF31 28.0 1.47 Franco-Nevada 157.90 CAD 191 99.4 30,043 100.0 -3.7 -9.7 -14.2 438 73.0
1.96 19.1 2.3 17.1 12.0 12.5 Dec 21 BF13KN5 16.9 0.89 Wheaton Precious Met 40.09 CAD 452 99.9 18,088 100.0 -8.8 -26.1 -29.5 1,460 62.0
3.25 21.2 2.0 10.7 4.7 9.7 107,308 -4.0 -17.5 -21.6 - -
Chemicals
2.09 15.3 2.2 13.7 1.9 14.9 Dec 21 BDRJLN0 100.0 3.25 Nutrien 120.57 CAD 551 99.9 66,439 31.6 10.0 26.8 57.2 1,719 202.7
2.09 15.3 2.2 13.7 1.9 14.9 66,439 10.0 26.8 57.2 - -
Oil Gas and Coal
4.17 11.0 2.3 5.8 2.8 22.1 Dec 21 2171573 21.3 4.03 Canadian Natural Rs. 72.00 CAD 1,167 97.8 82,216 0.0 4.0 37.6 76.1 7,550 536.8
1.70 88.9 2.1 8.3 1.1 2.8 Dec 21 B57FG04 7.9 1.50 Cenovus Energy 24.64 CAD 1,996 62.3 30,681 0.0 1.0 58.9 135.3 9,420 218.8
6.35 17.8 2.1 11.2 2.3 11.6 Dec 21 2466149 28.4 5.37 Enbridge 54.16 CAD 2,026 99.8 109,571 52.7 -5.8 9.6 9.1 14,057 786.5
2.11 17.4 2.0 7.9 1.1 11.5 Dec 21 2454241 3.4 0.64 Imperial Oil 64.46 CAD 669 30.3 13,104 0.0 5.0 41.3 93.1 1,957 117.0
5.43 21.3 2.2 9.7 3.0 10.1 Dec 21 B4PT2P8 6.6 1.25 Pembina Pipeline 46.38 CAD 550 99.8 25,481 75.0 -5.1 20.9 20.6 2,262 107.7
4.42 14.8 1.7 5.2 1.6 11.4 Dec 21 B3NB1P2 15.8 2.99 Suncor Energy 42.49 CAD 1,436 99.9 61,022 100.0 -2.2 34.2 80.3 17,090 721.6
5.69 35.2 2.1 9.3 4.8 6.3 Dec 21 BJMY6G0 16.5 3.13 TC Energy 63.29 CAD 1,009 99.9 63,867 25.0 -7.3 7.6 5.7 4,701 303.5
4.90 17.6 2.0 7.6 2.2 12.0 385,942 -2.6 23.0 37.3 - -
Electricity
3.69 19.4 1.6 9.5 2.9 8.2 Dec 21 2347200 71.1 1.35 Fortis Inc 57.94 CAD 477 99.9 27,627 0.0 -4.2 -5.1 0.2 2,437 146.1

Country Details
3.15 20.4 2.0 9.9 2.9 9.7 Dec 21 BYYXJY9 28.9 0.55 Hydro One 35.56 CAD 598 52.7 11,224 0.0 -0.5 8.1 13.2 1,329 47.5
3.54 19.7 1.7 9.6 2.9 8.6 38,851 -3.2 -1.6 3.7 - -
Gas Water and Multi-utilities
4.42 26.9 2.1 8.1 3.1 7.9 Dec 21 2172639 100.0 0.24 Canadian Utilities A 40.18 CAD 197 61.4 4,867 0.0 -3.1 9.5 12.5 895 36.3
4.42 26.9 2.1 8.1 3.1 7.9 4,867 -3.1 9.5 12.5 - -
Waste and Disposal Services
0.66 49.6 5.3 22.1 6.1 10.8 Dec 21 BYQFRK5 100.0 2.30 Waste Connections In 182.86 CAD 257 99.6 46,873 100.0 7.1 6.1 12.2 373 67.6
0.66 49.6 5.3 22.1 6.1 10.8 46,873 7.1 6.1 12.2 - -
FTSE Canada
3.39 13.4 2.0 9.3 2.0 16.1 2,041,277 -1.9 -9.2 -4.8 - -

5–21

5–21
FTSE All-World Review August 2022

Chile - Overview EMERGING

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Cencosud Shopping S. Real Estate Investment & Services 1,270.00 30.64 Soc.Quim Minera B Chemicals 89,602.00 121.34
PLAZA SA Real Estate Investment & Services 1,004.50 30.62 Quineno General Industrials 2,316.90 48.04
Colbun Electricity 87.40 14.19 Sud Americana Vapore Industrial Transportation 84.35 45.43
Enel Chile SA Electricity 29.42 14.03 Cencosud Shopping S. Real Estate Investment & Services 1,270.00 15.45
Embotellad Andina B Beverages 1,836.30 12.31 Banco de Chile Banks 85.03 12.44

Banco de Chile Banks 85.03 -0.55 Enel Chile SA Electricity 29.42 -25.52
Quineno General Industrials 2,316.90 -5.43 Falabella Retailers 2,112.00 -31.09
Cia Cervecerias Un Beverages 4,870.60 -6.33 Colbun Electricity 87.40 -31.77
CAP S.A. Industrial Metals and Mining 7,231.00 -12.31 CAP S.A. Industrial Metals and Mining 7,231.00 -34.26
Sud Americana Vapore Industrial Transportation 84.35 -13.49 Cia Cervecerias Un Beverages 4,870.60 -37.64

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Empresas CMPC S.A. Industrial Materials 1,700.00 5.26 0.53 Soc.Quim Minera B Chemicals 89,602.00 31.53 19.37
Empresas Copec SA Oil Gas and Coal 7,731.00 9.74 0.45 Sud Americana Vapore Industrial Transportation 84.35 3.81 1.39
Cencosud Shopping S. Real Estate Investment & Services 1,270.00 1.59 0.38 Banco de Chile Banks 85.03 9.59 1.26
Enel Americas S.A. Electricity 97.10 4.77 0.30 Empresas Copec SA Oil Gas and Coal 7,731.00 9.74 0.76
Enel Chile SA Electricity 29.42 1.89 0.24 Soc. Quim Minera A Chemicals 74,500.00 3.29 0.63

Banco de Chile Banks 85.03 9.59 -0.05 CAP S.A. Industrial Metals and Mining 7,231.00 1.38 -0.84
Quineno General Industrials 2,316.90 1.59 -0.09 Colbun Electricity 87.40 1.63 -0.87
Cia Cervecerias Un Beverages 4,870.60 1.66 -0.11 Banco Santander - Ch Banks 36.00 5.76 -0.88
CAP S.A. Industrial Metals and Mining 7,231.00 1.38 -0.20 Cia Cervecerias Un Beverages 4,870.60 1.66 -1.17
Sud Americana Vapore Industrial Transportation 84.35 3.81 -0.61 Falabella Retailers 2,112.00 4.33 -2.28

FTSE Chile Index Performance % FTSE Chile Index Volatility %

110 100
90
100
80

90 70
60
80 50
40
70
30

60 20
10
50 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country vol 1m vol 3m

5–22
August 2022 FTSE Russell

Chile - Industry/Sector/Style Summary EMERGING

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % CLP (mn) Wgt % Stocks Cont1M%
5.79 8.8 1.5 18.7 1.9 17.8 Financials 1289.06 1.08 17.85 -0.73 1314.38 1.08 24.47 4.85 8,002,578 20.69 4 0.23
5.79 8.8 1.5 18.7 1.9 17.8 Banks 1002.23 1.08 17.85 -0.73 1079.59 1.08 24.47 4.85 8,002,578 20.69 4 0.23
5.71 30.1 0.9 12.7 8.9 3.0 Real Estate 816.86 30.63 14.56 10.78 866.07 30.63 17.58 17.00 913,611 2.36 2 0.57
5.71 30.1 0.9 12.7 8.9 3.0 Real Estate Investment & Services 939.33 30.63 14.56 10.78 880.22 30.63 17.58 17.00 913,611 2.36 2 0.57
4.73 7.2 0.9 25.0 0.5 13.7 Consumer Discretionary 570.98 5.07 -24.00 -31.09 344.50 5.07 -21.91 -28.43 1,673,378 4.33 1 0.21
4.73 7.2 0.9 25.0 0.5 13.7 Retailers 874.80 5.07 -24.00 -31.09 523.15 5.07 -21.91 -28.43 1,673,378 4.33 1 0.21
22.91 8.1 1.0 4.0 0.4 13.8 Consumer Staples 888.45 2.09 -14.44 -18.14 893.04 2.52 -6.30 0.83 2,987,767 7.73 3 0.16
16.95 9.9 1.5 6.0 0.8 16.3 Beverages 853.19 2.47 -17.21 -22.60 817.14 3.43 -9.19 -9.62 1,331,233 3.44 2 0.08
27.69 7.1 0.8 3.1 0.3 12.3 Personal Care, Drug & Grocery St. 335.89 1.79 -12.07 -14.18 244.73 1.79 -3.82 10.31 1,656,534 4.28 1 0.08
29.57 1.8 0.9 2.8 0.6 65.3 Industrials 214.03 -11.26 16.95 47.60 319.26 -11.26 44.12 109.78 2,087,884 5.40 2 -0.70
30.63 2.0 0.7 0.9 0.6 43.5 General Industrials 104.46 -5.43 126.35 -5.43 614,812 1.59 1 -0.09
29.12 1.8 1.0 29.8 N/A 80.3 Industrial Transportation 210.88 -13.49 15.23 45.43 315.68 -13.49 42.50 107.43 1,473,072 3.81 1 -0.61
6.83 21.9 2.9 13.2 3.3 16.3 Basic Materials 3194.33 0.94 77.66 71.48 2427.29 1.57 85.58 86.65 16,034,768 41.46 4 0.39
14.27 10.2 0.7 5.7 0.9 6.9 Industrial Materials 1166.30 11.04 19.05 -1.11 839.68 15.61 27.68 15.32 2,035,281 5.26 1 0.53
31.44 1.8 0.6 1.0 0.4 34.7 Industrial Metals and Mining 57.85 -12.31 -12.88 -34.26 80.41 -9.16 5.88 -20.11 533,021 1.38 1 -0.20
4.73 55.4 9.2 40.0 11.5 21.5 Chemicals 19515.80 0.16 102.12 117.14 15012.90 0.16 107.93 131.05 13,466,465 34.82 2 0.06
8.80 7.1 1.1 5.0 0.5 16.7 Energy 914.80 4.76 17.39 7.39 653.55 4.76 20.31 17.97 3,766,892 9.74 1 0.45
8.80 7.1 1.1 5.0 0.5 16.7 Oil Gas and Coal 914.80 4.76 17.39 7.39 653.55 4.76 20.31 17.97 3,766,892 9.74 1 0.45

Country Details
18.91 8.8 0.8 6.5 0.9 10.1 Utilities 444.06 9.59 5.52 -15.75 419.87 9.59 7.98 -5.79 3,206,652 8.29 3 0.74
18.91 8.8 0.8 6.5 0.9 10.1 Electricity 469.08 9.59 5.52 -15.48 436.96 9.59 7.98 -5.49 3,206,652 8.29 3 0.74
10.16 9.0 1.5 8.5 1.2 18.1 FTSE Chile 818.78 2.05 26.24 14.46 690.80 2.35 33.94 27.79 38,673,530 100.00 20 -

5–23

5–23
FTSE All-World Review August 2022

Chile - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% CLP (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Banks
6.28 10.6 2.0 17.2 2.7 20.4 Dec 21 2100845 46.4 9.59 Banco de Chile 85.03 CLP 101,017 43.1 3,710,569 -0.5 27.7 12.4 208,127 17,914.3
3.53 7.7 1.0 3.6 1.5 13.8 Dec 21 2069355 17.7 3.66 Banco de Credito 26,400.00 CLP 169 31.7 1,417,037 5.2 14.9 -10.6 122 3,315.8
6.85 8.4 2.0 -6.9 1.9 23.2 Dec 21 2000257 27.8 5.76 Banco Santander - Ch 36.00 CLP 188,446 32.8 2,226,713 0.9 5.1 -12.0 190,316 6,844.8
4.28 5.8 0.6 4.7 0.9 11.9 Dec 21 BYT25P4 8.1 1.68 Itau Corpbanca 2.00 CLP 973,518 33.2 648,259 2.7 21.4 2.3 1,285,380 2,486.1
5.79 8.8 1.5 18.7 1.9 17.8 8,002,578 1.1 17.9 -0.7 - -
Real Estate Investment & Services
8.06 26.7 0.8 14.2 10.1 3.0 Dec 21 BK5XJM8 67.2 1.59 Cencosud Shopping S. 1,270.00 CLP 1,706 28.3 614,309 30.6 25.6 15.5 896 1,019.9
0.89 40.9 1.1 10.5 7.1 2.7 Dec 21 BYVW0G8 32.8 0.77 PLAZA SA 1,004.50 CLP 1,960 15.2 299,302 30.6 7.0 2.7 1,104 948.5
5.71 30.1 0.9 12.7 8.9 3.0 913,611 30.6 14.6 10.8 - -
Retailers
4.73 7.2 0.9 25.0 0.5 13.7 Dec 21 2771672 100.0 4.33 Falabella 2,112.00 CLP 2,509 31.5 1,673,378 5.1 -24.0 -31.1 4,930 10,040.1
4.73 7.2 0.9 25.0 0.5 13.7 1,673,378 5.1 -24.0 -31.1 - -
Beverages
17.39 8.9 1.4 6.1 0.7 15.6 Dec 21 2196189 48.3 1.66 Cia Cervecerias Un 4,870.60 CLP 370 35.6 642,401 -6.3 -29.7 -37.6 384 1,922.6
16.53 11.0 1.6 5.8 0.8 16.7 Dec 21 2311454 51.7 1.78 Embotellad Andina B 1,836.30 CLP 473 79.2 688,832 12.3 -0.7 -0.1 828 1,391.8
16.95 9.9 1.5 6.0 0.8 16.3 1,331,233 2.5 -17.2 -22.6 - -
Personal Care, Drug & Grocery St.
27.69 7.1 0.8 3.1 0.3 12.3 Dec 21 B00R3L2 100.0 4.28 Cencosud 1,253.00 CLP 2,828 46.7 1,656,534 1.8 -12.1 -14.2 9,373 11,548.2
27.69 7.1 0.8 3.1 0.3 12.3 1,656,534 1.8 -12.1 -14.2 - -
General Industrials
30.63 2.0 0.7 0.9 0.6 43.5 Dec 21 2712864 100.0 1.59 Quineno 2,316.90 CLP 1,663 15.9 614,812 -5.4 40.4 48.0 2,123 5,057.5
30.63 2.0 0.7 0.9 0.6 43.5 614,812 -5.4 - - - -
Industrial Transportation
29.12 1.8 1.0 29.8 N/A 80.3 Dec 21 2196338 100.0 3.81 Sud Americana Vapore 84.35 CLP 51,320 34 1,473,072 -13.5 15.2 45.4 202,198 18,712.7
29.12 1.8 1.0 29.8 N/A 80.3 1,473,072 -13.5 15.2 45.4 - -
Industrial Materials
14.27 10.2 0.7 5.7 0.9 6.9 Dec 21 2196015 100.0 5.26 Empresas CMPC S.A. 1,700.00 CLP 2,500 47.8 2,035,281 11.0 19.0 -1.1 3,655 6,162.7
14.27 10.2 0.7 5.7 0.9 6.9 2,035,281 11.0 19.0 -1.1 - -
Industrial Metals and Mining
31.44 1.8 0.6 1.0 0.4 34.7 Dec 21 2174312 100.0 1.38 CAP S.A. 7,231.00 CLP 149 49.3 533,021 -12.3 -12.9 -34.3 236 1,817.8
31.44 1.8 0.6 1.0 0.4 34.7 533,021 -12.3 -12.9 -34.3 - -
Chemicals
3.83 46.9 7.8 33.9 9.7 21.5 Dec 21 2819602 9.5 3.29 Soc. Quim Minera A 74,500.00 CLP 143 11.9 1,273,500 0.6 53.3 - 7 510.3
4.83 56.5 9.4 40.8 11.7 21.5 Dec 21 2718301 90.5 31.53 Soc.Quim Minera B 89,602.00 CLP 143 95.2 12,192,965 0.1 106.0 121.3 636 57,446.9
4.73 55.4 9.2 40.0 11.5 21.5 13,466,465 0.2 102.1 117.1 - -
Oil Gas and Coal
8.80 7.1 1.1 5.0 0.5 16.7 Dec 21 2196026 100.0 9.74 Empresas Copec SA 7,731.00 CLP 1,300 37.4 3,766,892 4.8 17.4 7.4 1,210 9,158.6
8.80 7.1 1.1 5.0 0.5 16.7 3,766,892 4.8 17.4 7.4 - -
Electricity
76.81 3.7 0.7 7.8 1.4 17.6 Dec 21 2309255 19.7 1.63 Colbun 87.40 CLP 17,536 41.2 632,265 14.2 26.1 -31.8 21,209 1,727.1
1.90 11.6 0.9 5.9 0.8 10.7 Dec 21 2299453 57.5 4.77 Enel Americas S.A. 97.10 CLP 107,282 17.7 1,843,818 6.5 4.4 -10.7 82,743 8,070.7
11.72 20.9 0.7 7.3 0.7 3.0 Dec 21 BYMLZD6 22.8 1.89 Enel Chile SA 29.42 CLP 69,167 35.9 730,569 14.0 -1.3 -25.5 209,478 6,014.3
18.91 8.8 0.8 6.5 0.9 10.1 3,206,652 9.6 5.5 -15.5 - -
FTSE Chile
10.16 9.0 1.5 8.5 1.2 18.1 38,673,530 2.1 26.2 14.5 - -

5–24
August 2022 FTSE Russell

China - Overview EMERGING

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Pindu ADS (N Shares) Consumer Services 71.30 45.48 Tianjin Guangyu Deve Real Estate Investment & Services 14.88 217.95
Yanzhou Coal Mining Oil Gas and Coal 48.00 31.00 Ningbo Orient Wires Electronic and Electrical Equipment 71.67 185.54
Guanghui Energy (A) Oil Gas and Coal 12.65 30.14 Jiangsu Zhongtian Te Telecommunications Equipment 22.26 173.80
KE Hldgs (N Shares) Real Estate Investment & Services 18.04 27.85 COSCO SH (A) (SC SH) Industrial Transportation 14.10 166.04
Yanzhou Coal Min H Oil Gas and Coal 31.20 27.35 Skyworth Digital (A) Leisure Goods 20.01 160.21

Anhui Zhongding Seal Industrial Transportation 16.31 -27.77 Sunac Services Holdi Real Estate Investment & Services 2.38 -88.25
Ningbo Joyson Electr Automobiles and Parts 15.50 -28.07 Shimao Services Hold Real Estate Investment & Services 2.02 -88.86
Sunac Services Holdi Real Estate Investment & Services 2.38 -29.38 Kingsoft Cloud Holdi Software and Computer Services 3.44 -89.31
I-MAB ADS (N Shares) Pharmaceuticals & Biotechnology 6.13 -41.51 I-MAB ADS (N Shares) Pharmaceuticals & Biotechnology 6.13 -91.36
Jinke Smart Services Real Estate Investment & Services 8.74 -43.69 Jiayuan Internationa Real Estate Investment & Services 0.22 -93.01

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Tencent Holdings (P Software and Computer Services 327.20 11.89 0.74 Yanzhou Coal Min H Oil Gas and Coal 31.20 0.36 0.15
Pindu ADS (N Shares) Consumer Services 71.30 1.26 0.39 Kweichow Moutai (A) Beverages 1,924.00 1.17 0.13
Meituan Dianping (P Software and Computer Services 189.80 4.72 0.34 China Shenhua Energy Oil Gas and Coal 24.70 0.51 0.11

Country Details
JD.com (P Chip) Retailers 246.80 3.53 0.19 NetEase (P Chip) Leisure Goods 141.80 1.29 0.09
Baidu (P Chip) Software and Computer Services 141.50 1.92 0.12 Nongfu Spring (H) Beverages 46.85 0.50 0.08

Li Auto ADS (N Share Automobiles and Parts 28.77 0.71 -0.10 Xiaomi (P Chip) Telecommunications Equipment 11.56 1.03 -0.82
WuXi Biologics (P Ch Pharmaceuticals & Biotechnology 69.70 1.50 -0.10 NIO ADS (N Shares) Automobiles and Parts 19.91 1.25 -0.88
Kuaishou Technology Software and Computer Services 68.80 0.81 -0.12 Meituan Dianping (P Software and Computer Services 189.80 4.72 -1.09
Xpeng ADS (N Shares) Automobiles and Parts 18.52 0.46 -0.15 Tencent Holdings (P Software and Computer Services 327.20 11.89 -3.80
BYD H Automobiles and Parts 242.20 1.21 -0.22 Alibaba Group Holdin Retailers 94.30 8.59 -4.69

FTSE China Index Performance % FTSE China Index Volatility %

140 70

130 60

120 50

110 40

100 30

5–25
90 20

80 10

70 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country vol 1m vol 3m

5–25
FTSE All-World Review August 2022

China - Industry/Sector/Style Summary EMERGING

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % HKD (mn) Wgt % Stocks Cont1M%
0.39 23.2 3.4 22.3 4.0 19.2 Technology 20183.80 4.43 -24.57 -30.76 966.98 4.44 -24.26 -30.47 3,830,214 23.20 121 0.99
0.33 23.4 3.4 23.8 4.5 18.7 Software and Computer Services 28899.00 5.35 -23.07 -30.06 1525.95 5.35 -22.79 -29.81 3,490,665 21.14 52 1.07
1.04 21.4 3.6 13.8 1.7 21.9 Technology Hardware & Equip. 1273.20 -4.13 -37.37 -37.03 66.65 -4.07 -36.77 -36.38 339,549 2.06 69 -0.09
1.15 16.6 2.1 11.6 0.9 12.7 Telecommunications 2531.85 -3.67 -30.28 -41.11 183.03 -3.52 -29.54 -40.48 339,806 2.06 26 -0.08
0.85 17.1 2.2 15.9 1.0 13.2 Telecommunications Equipment 790.69 -3.99 -30.93 -41.99 39.86 -3.83 -30.28 -41.44 322,633 1.95 22 -0.08
6.87 9.2 0.7 1.4 0.3 8.4 Telecommunications Service Prov. 3953.24 2.68 -16.76 -20.57 303.02 2.68 -13.86 -17.35 17,174 0.10 4 0.00
0.85 35.0 2.8 34.5 2.6 10.2 Health Care 10769.00 -4.29 -25.11 -37.67 545.92 -4.28 -24.55 -37.12 1,010,179 6.12 114 -0.27
0.39 17.9 1.7 29.5 4.7 10.1 Health Care Providers 7104.24 -5.55 -23.89 -40.58 361.68 -5.55 -23.62 -40.36 66,988 0.41 8 -0.02
1.35 22.0 4.0 18.6 5.1 19.9 Medical Equipment and Services 10357.50 1.62 -20.61 -23.68 534.59 1.62 -19.82 -22.74 78,518 0.48 17 0.01
0.83 40.1 2.9 38.0 2.4 9.8 Pharmaceuticals & Biotechnology 12827.00 -4.70 -25.59 -38.35 662.91 -4.68 -25.03 -37.81 864,673 5.24 89 -0.26
6.89 4.6 0.5 2.3 0.7 12.0 Financials 19663.60 -1.81 -15.57 -16.85 1399.99 -1.74 -10.42 -11.55 2,624,332 15.90 117 -0.29
7.73 4.0 0.5 2.2 0.8 12.0 Banks 14486.00 -2.94 -13.20 -14.05 1191.80 -2.93 -6.93 -7.84 1,646,303 9.97 41 -0.30
4.54 4.8 1.0 -ve 1.3 23.8 Finance and Credit Services 5969.65 -1.92 -27.92 -34.41 347.19 -1.92 -25.30 -31.81 77,717 0.47 5 -0.01
4.56 7.1 0.7 -4.1 1.8 10.6 Investment Banking & Brokerage 8243.56 -0.25 -26.28 -23.10 487.77 0.27 -23.34 -19.97 314,424 1.90 58 0.00
6.31 6.2 0.8 1.2 0.4 12.9 Life Insurance 30626.40 -0.42 -17.79 -21.47 1607.50 -0.37 -14.03 -16.91 487,615 2.95 9 -0.01
5.08 7.4 0.9 2.6 0.3 11.5 Non-life Insurance 21569.40 6.19 15.22 3.31 1232.77 6.19 21.28 8.96 98,273 0.60 4 0.03
5.65 6.9 0.7 9.8 0.5 10.1 Real Estate 425.23 -0.07 -30.56 -41.45 460.50 0.12 -28.48 -38.92 576,508 3.49 57 0.00
5.65 6.9 0.7 9.8 0.5 10.1 Real Estate Investment & Services 15073.50 -0.07 -30.56 -41.45 1006.18 0.12 -28.48 -38.92 576,508 3.49 57 0.00
0.48 42.4 2.4 15.2 1.7 6.0 Consumer Discretionary 10368.20 0.71 -20.10 -35.09 559.09 0.76 -19.78 -34.78 4,423,362 26.79 138 0.19
0.74 94.6 3.1 13.2 2.1 7.3 Automobiles and Parts 39436.60 -9.52 -29.84 -35.34 2217.93 -9.52 -29.45 -34.90 999,142 6.05 40 -0.64
0.04 -33.5 4.1 -ve 3.8 -13.4 Consumer Services 4860.88 36.03 2.62 -36.44 281.75 36.03 2.66 -36.41 259,939 1.57 5 0.42
2.05 17.0 3.0 10.7 1.1 19.3 Household Goods & Home Constr. 13086.10 0.82 -24.58 -15.96 895.84 1.09 -23.11 -14.33 92,288 0.56 14 0.00
1.28 17.3 3.4 19.7 3.6 20.8 Leisure Goods 2680.87 -1.97 -18.10 -19.90 122.60 -1.66 -17.24 -18.80 275,703 1.67 15 -0.03
1.39 32.5 5.4 22.9 3.6 19.3 Personal Goods 5233.60 7.54 -23.41 -37.63 340.59 7.76 -22.62 -36.81 372,611 2.26 17 0.16
1.76 17.1 1.4 50.0 2.2 8.4 Media 5153.69 -4.72 -25.67 -18.44 270.47 -4.72 -24.18 -16.80 21,851 0.13 10 -0.01
0.11 28.6 2.0 12.9 1.3 7.2 Retailers 9042.34 2.23 -18.03 -38.61 524.57 2.24 -17.95 -38.55 2,131,846 12.91 18 0.28
0.18 -37.2 1.5 24.7 2.6 -7.2 Travel and Leisure 12758.00 0.31 2.12 -14.59 683.92 0.31 2.32 -14.42 269,982 1.64 19 0.01
1.56 31.3 4.7 21.1 2.6 15.5 Consumer Staples 17102.80 -2.38 -18.92 -16.49 1013.77 -2.31 -17.91 -15.34 1,074,839 6.51 73 -0.16
1.27 38.7 7.9 27.4 8.8 19.6 Beverages 65114.00 -0.40 -12.27 4.18 3660.08 -0.26 -11.15 5.51 589,540 3.57 22 -0.01
1.86 27.9 3.7 16.2 1.8 14.0 Food Producers 2648.00 -2.97 -20.38 -21.11 150.29 -2.96 -19.42 -20.11 306,966 1.86 32 -0.06
2.09 10.9 2.2 13.8 3.4 30.5 Tobacco 1375.30 -20.22 -64.21 -68.62 72.40 -20.22 -63.95 -68.25 32,972 0.20 2 -0.05
1.93 28.4 2.5 17.8 0.8 10.0 Personal Care, Drug & Grocery St. 2830.22 -4.03 -16.33 -33.91 154.86 -4.03 -15.20 -32.68 145,361 0.88 17 -0.04
4.46 4.8 0.8 2.9 0.4 15.2 Industrials 6361.17 -3.41 -18.52 -22.80 402.77 -3.32 -15.65 -19.81 1,004,944 6.09 173 -0.22
6.52 5.2 0.7 4.7 0.2 14.0 Construction and Materials 34409.20 -2.76 -17.55 -20.49 2123.13 -2.70 -13.16 -15.92 225,402 1.37 33 -0.04
1.06 23.0 1.7 11.2 1.0 8.2 Aerospace and Defense 7829.31 -8.42 -29.82 -33.36 452.60 -8.42 -29.07 -32.64 27,250 0.17 6 -0.02
1.31 26.6 2.6 24.7 3.0 9.7 Electronic and Electrical Equipment 68677.00 -5.56 -19.98 -13.83 3132.75 -5.55 -19.09 -12.67 99,606 0.60 26 -0.04
5.29 5.7 0.6 3.9 0.5 11.2 General Industrials 3770.96 -4.92 -14.64 -25.46 254.24 -4.85 -11.35 -22.14 121,752 0.74 17 -0.04
3.55 17.8 1.4 17.6 0.8 6.1 Industrial Engineering 5642.34 -5.53 -26.62 -35.05 347.25 -5.41 -25.13 -33.52 131,540 0.80 33 -0.05
1.39 37.6 2.3 13.3 0.3 7.8 Industrial Support Services 2866.59 -1.17 -23.08 -37.99 157.96 -1.17 -22.23 -37.30 41,875 0.25 9 0.00
4.71 2.7 0.7 1.4 0.5 22.3 Industrial Transportation 9351.89 -1.72 -13.83 -16.18 687.94 -1.54 -10.40 -12.64 357,520 2.17 49 -0.04
3.33 8.8 1.5 6.2 0.6 16.2 Basic Materials 26685.90 -4.81 -21.05 -34.03 1902.34 -4.79 -19.09 -32.04 507,791 3.08 119 -0.16
3.65 7.3 1.0 4.7 0.6 11.7 Industrial Materials 9112.84 -5.25 -19.87 -32.55 721.83 -5.25 -18.86 -30.76 34,568 0.21 11 -0.01
3.63 7.9 1.1 4.7 0.3 13.8 Industrial Metals and Mining 33918.00 -6.31 -21.63 -41.07 2294.49 -6.30 -19.56 -39.07 201,650 1.22 47 -0.08
1.92 13.6 2.6 8.9 0.9 21.1 Precious Metals and Mining 42589.20 -3.64 -6.01 -16.54 3019.93 -3.64 -4.33 -15.05 90,091 0.55 8 -0.02
3.64 8.9 1.9 8.8 1.3 22.9 Chemicals 8890.64 -3.58 -26.93 -32.69 599.33 -3.54 -24.87 -30.54 181,482 1.10 53 -0.04
6.76 6.8 0.9 3.4 0.5 10.7 Energy 20317.00 2.78 3.16 2.42 1946.73 2.85 8.96 9.68 680,508 4.12 49 0.11
8.76 6.1 0.8 2.7 0.4 10.5 Oil Gas and Coal 20126.90 7.96 21.39 20.97 2164.24 7.96 30.45 32.86 490,580 2.97 33 0.22
1.59 10.4 1.5 14.9 2.4 12.8 Alternative Energy 10179.40 -8.56 -26.28 -27.18 684.34 -8.33 -25.20 -26.12 189,928 1.15 16 -0.11
3.68 14.6 1.1 11.0 0.8 3.2 Utilities 11374.70 -3.60 -24.33 -19.51 890.96 -3.30 -22.33 -16.90 437,039 2.65 49 -0.10
3.00 -ve 1.1 10.6 0.8 -2.7 Electricity 8774.02 2.47 -21.05 7.01 752.83 2.49 -19.37 9.60 214,689 1.30 30 0.03
4.16 8.0 1.1 9.0 0.9 15.1 Gas Water and Multi-utilities 22912.80 -8.82 -26.27 -33.87 1622.34 -8.21 -23.93 -31.32 201,341 1.22 14 -0.12
5.99 4.3 0.6 -7.8 0.7 15.2 Waste and Disposal Services 3061.01 -8.68 -34.08 -28.72 183.59 -8.68 -32.44 -25.26 21,009 0.13 5 -0.01
2.44 11.7 1.3 6.6 1.1 11.5 FTSE China 23263.10 0.01 -20.63 -28.75 1623.40 0.07 -19.04 -27.16 16,509,522 100.00 1,036 -

5–26
August 2022 FTSE Russell

China - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% HKD (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Software and Computer Services
1.49 13.1 1.3 8.3 4.1 11.0 Dec 21 BH5QGR0 0.5 0.10 Autohome ADS (N Shar 35.61 USD 127 47.8 17,015 -0.2 20.8 -19.5 162 5.8
0.00 16.4 1.6 16.7 2.7 10.4 Dec 21 B0J2D41 9.1 1.92 Baidu (P Chip) 141.50 HKD 2,829 79.2 317,180 6.8 -2.1 -7.4 4,401 600.1
0.48 -ve 2.5 -97.7 4.8 -1.8 Dec 21 BD5CD79 0.0 0.00 Beijing E-Hualu Info 14.66 CNH 666 7 778 -16.0 -58.5 -57.1 13,370 225.8
0.39 78.2 10.8 44.5 25.3 14.6 Dec 21 BNR4NQ2 0.2 0.04 Beijing Kingsoft Off 180.12 CNH 461 7 6,618 2.9 -32.0 -27.8 3,322 601.2
0.16 -89.7 3.4 +ve 8.5 -3.7 Dec 21 BD5CMX8 0.1 0.01 Beijing Shiji Inform 13.03 CNH 2,099 7 2,180 -8.4 -36.5 6.8 5,169 68.8
0.22 19.4 1.3 11.6 2.2 7.8 Dec 21 BD5CJ48 0.0 0.01 Beijing Sinnet Techn 9.30 CNH 1,798 7 1,332 -3.0 -37.3 -33.6 20,931 202.5
0.57 17.7 2.0 20.9 2.0 11.7 Dec 21 BD5CLJ7 0.0 0.00 Beijing Ultrapower S 4.38 CNH 1,961 7 685 3.8 -30.8 -9.1 30,532 132.1
0.12 84.3 11.4 +ve 1.3 14.5 Dec 21 BK71CY3 0.1 0.02 Beijing United Infor 99.08 CNH 499 7 3,938 7.9 33.6 32.1 3,323 333.1
0.00 -16.2 3.6 -30.0 4.1 -33.1 Dec 21 BLF8533 1.4 0.29 Bilibili P Chip 190.10 HKD 384 65.6 47,936 0.7 -47.0 -68.3 1,653 313.5
0.00 19.3 1.4 81.4 3.9 7.8 Dec 21 BD5CFD9 0.0 0.00 Business (A) (SC SZ) 8.27 CNH 1,152 7 760 -8.2 -23.4 -15.5 25,209 225.3
0.00 12.1 1.6 20.5 3.1 13.9 Dec 21 BYP71J9 0.4 0.08 China Literature (P 32.00 HKD 1,022 39.1 12,815 3.4 -34.7 -51.0 2,320 70.8
0.00 9.6 2.7 -10.6 6.7 47.2 Dec 21 BMDMJ87 0.1 0.03 China Ruyi (P Chip) 2.00 HKD 9,355 25.1 4,697 -11.9 -32.2 -47.6 26,979 56.7
0.00 17.8 1.2 63.6 1.5 7.1 Dec 21 BD5CJ37 0.0 0.00 China TransInfo Tech 9.71 CNH 1,581 4.5 786 -5.1 -35.1 -36.8 12,700 129.3
0.00 -4.2 2.5 -3.7 1.4 -42.7 Dec 21 BMH5F39 0.1 0.02 Dada Nexus ADS (N Sh 6.47 USD 234 27.1 3,223 0.6 -50.8 -72.7 338 2.2
0.86 38.3 1.7 30.4 1.7 4.7 Dec 21 BD5CNL3 0.0 0.01 DHC Software (A) (SC 5.82 CNH 3,206 7 1,487 -5.8 -25.4 -23.9 20,065 122.6
0.39 24.7 1.7 27.6 0.9 7.2 Dec 21 BD5CLS6 0.0 0.00 Digital China Inform 10.47 CNH 980 4.2 496 -6.7 -17.7 -19.7 7,792 86.7
0.00 -30.1 1.4 28.1 4.3 -4.7 Dec 21 BMG40P4 0.7 0.15 GDS Holdings (P Chip 27.25 HKD 1,495 61.3 25,001 4.4 -39.8 -50.1 2,071 56.4
0.57 +ve 3.5 31.6 7.5 2.9 Dec 21 BD5CGH0 0.0 0.00 Hangzhou Shunwang Te 12.40 CNH 694 7 686 -5.8 -24.0 17.6 12,984 173.8
0.00 -2.3 0.6 4.2 0.5 -22.4 Dec 21 BM9STM3 0.2 0.04 Hello Group Inc 5.15 USD 198 74.5 5,977 15.0 -42.7 -60.8 651 3.1

Country Details
2.11 23.8 7.1 21.5 13.0 32.8 Dec 21 BD5CN46 0.1 0.02 Hithink (A) (SC SZ) 85.13 CNH 538 7 3,648 -1.1 -41.1 -26.4 3,538 303.1
0.23 42.9 11.2 66.8 11.6 29.1 Dec 21 BP3R6B5 0.1 0.03 Hundsun Technologies 33.64 CNH 1,900 7 5,094 3.0 -29.6 -11.8 11,678 433.2
0.27 32.6 5.2 97.6 4.8 18.1 Dec 21 BD5CNN5 0.2 0.04 Iflytek (A) (SC SZ) 37.49 CNH 2,324 7 6,945 -10.8 -28.6 -28.4 13,892 553.6
6.73 -ve 0.6 15.5 1.2 -0.4 Dec 21 BL3N3C5 0.3 0.07 JOYY (N Shares) 30.32 USD 71 64 10,804 17.1 -33.3 -52.1 302 8.6
0.00 +ve 5.7 62.2 10.6 0.8 Dec 21 6327587 1.1 0.24 Kingdee Internationa 15.32 HKD 3,474 73.8 39,278 -9.7 -36.2 -45.9 8,634 139.9
0.00 -3.5 0.5 -7.5 0.6 -16.1 Dec 21 BM8R675 0.1 0.02 Kingsoft Cloud Holdi 3.44 USD 242 41.3 2,700 4.9 -78.2 -89.3 685 2.2
0.00 -3.8 6.5 -54.7 3.7 N/A Dec 21 BLC90T0 3.8 0.81 Kuaishou Technology 68.80 HKD 4,270 45.2 132,976 -12.9 -4.5 -18.6 18,847 1,376.2
0.44 33.0 4.5 +ve 6.1 14.7 Dec 21 BKDQ8C2 0.1 0.01 Longshine Technology 27.08 CNH 1,046 7 2,258 -11.8 -26.9 37.8 7,460 224.9
0.00 -48.9 8.8 -ve 6.2 -20.5 Dec 21 BGJW376 22.3 4.72 Meituan Dianping (P 189.80 HKD 6,184 66.3 779,066 7.7 -15.8 -23.8 25,697 4,540.8
1.04 -31.1 1.8 +ve 4.9 -5.5 Dec 21 BMC5QM0 0.1 0.02 Ming Yuan Cloud Grou 6.51 HKD 1,969 28.5 3,661 -9.7 -63.3 -75.9 7,930 50.1
0.20 33.6 1.2 68.8 3.5 3.7 Dec 21 BD73L76 0.0 0.01 Nanyang Topsec Techn 9.85 CNH 1,186 7 931 7.3 -48.6 -43.6 29,025 279.2
1.86 19.1 2.2 14.0 1.8 11.7 Dec 21 BD5CJ15 0.0 0.01 Newland (A) (SC SZ) 13.42 CNH 1,032 7 1,104 -11.8 -25.9 -18.3 19,179 279.0
0.70 17.8 2.1 +ve 2.9 12.1 Dec 21 BD5CDG8 0.0 0.00 Nsfocus Information 9.57 CNH 799 6.5 566 -5.5 -39.7 -56.5 10,688 110.3
0.89 73.0 3.9 31.0 6.0 5.3 Dec 21 BP3R5M9 0.0 0.01 People.cn (A) (SC SH 11.81 CNH 1,106 7 1,041 10.9 -18.1 -11.2 11,688 133.5
0.07 +ve 5.5 40.5 5.9 4.1 Dec 21 BHQPS70 0.0 0.01 Sangfor Technologies 96.57 CNH 416 2.4 1,134 0.3 -49.4 -64.5 2,318 230.2
0.95 30.3 1.3 65.7 13.0 4.3 Dec 21 BD5CMF0 0.0 0.00 Shanghai 2345 Networ 2.11 CNH 5,725 4 559 -4.1 -9.8 5.5 71,459 155.1
3.78 21.9 4.5 20.9 3.4 22.6 Dec 21 6835422 0.3 0.07 Shanghai Baosight So 3.04 USD 503 100 11,986 -9.3 -18.2 4.8 1,425 4.7
2.02 41.1 8.4 39.3 6.4 22.6 Dec 21 BP3RCN9 0.1 0.02 Shanghai Baosight So 38.01 CNH 1,474 4.2 2,739 -5.4 -18.8 -29.7 4,280 169.6
0.64 54.3 10.0 60.1 32.8 20.2 Dec 21 BK71BV3 0.1 0.01 Shanghai Friendess E 206.00 CNH 146 6.4 2,194 -16.7 -25.2 -42.4 649 152.6
0.60 43.5 1.4 14.8 2.7 3.2 Dec 21 BD5CN24 0.0 0.01 Shanghai Wangsu Scie 5.04 CNH 2,447 7 983 -4.5 -24.7 -14.9 26,091 136.8
0.10 -26.7 7.4 +ve 5.9 -22.6 Dec 21 BD5CL97 0.0 0.00 Shenzhen Infogem Tec 9.93 CNH 707 7 559 -5.1 -35.2 -34.9 6,630 70.2
0.25 40.1 2.9 -62.5 1.5 8.8 Dec 21 BP3RCG2 0.0 0.00 Shenzhen Kingdom Sci 10.90 CNH 941 7 818 12.8 -23.9 -11.8 17,446 178.7
2.44 23.0 5.1 39.1 2.1 23.8 Dec 21 BK71FY4 0.0 0.00 Sinosoft (A) (SC SH) 22.50 CNH 594 2.5 380 -3.7 -17.8 -10.6 3,269 76.0

5–27
1.06 22.4 3.0 14.3 1.0 13.8 Dec 21 BD5CJL5 0.0 0.01 Taiji Computer (A) ( 18.26 CNH 580 7 844 -6.8 -33.7 -17.5 5,757 111.4
0.49 10.8 3.4 15.7 4.9 33.9 Dec 21 BMMV2K8 56.2 11.89 Tencent Holdings (P 327.20 HKD 9,612 62.4 1,962,517 6.6 -26.2 -29.9 19,871 6,126.9
0.00 14.6 1.1 10.5 1.8 7.4 Dec 21 BFZYWR2 0.7 0.15 Tencent Music Entert 5.11 USD 1,695 36.3 24,680 21.4 -25.4 -42.2 3,852 17.6
0.25 70.6 10.1 +ve 12.7 15.6 Dec 21 BD5CG03 0.1 0.02 Thunder Software Tec 122.97 CNH 425 6.2 3,720 -13.5 -11.2 3.7 4,508 612.1
0.47 39.0 1.9 12.0 6.5 4.9 Dec 21 6321954 0.4 0.08 Travelsky Tech H 13.74 HKD 2,926 31.8 12,813 5.5 4.7 -5.8 2,273 30.9
0.00 -4.3 0.7 -6.0 2.5 -37.0 Dec 21 BMTYMZ5 0.0 0.01 Tuya (N Shares) 1.32 USD 571 20.8 1,235 -27.1 -78.9 -87.3 385 0.6
0.00 10.9 1.4 6.0 2.2 14.1 Dec 21 BLLJ4H7 0.3 0.07 Weibo ADS (N Shares) 20.69 USD 237 30 11,546 7.6 -33.2 -59.0 347 6.7
0.28 34.1 3.0 41.3 5.5 9.4 Dec 21 BD5CKZ6 0.0 0.01 Winning (A) (SC SZ) 7.08 CNH 2,148 7 1,212 -10.6 -57.8 -50.1 21,729 166.1
0.50 66.2 9.9 52.9 7.7 14.3 Dec 21 BP3R6C6 0.2 0.03 Yonyou Network Techn 20.09 CNH 3,435 7 5,500 -3.6 -44.0 -40.0 28,444 594.9
0.00 -3.6 0.8 -11.9 1.8 -ve Dec 21 BN2D5M4 0.0 0.01 Zhihu ADS (N Shares) 1.29 USD 634 24.7 1,586 3.2 -76.7 -86.5 680 0.9
0.33 23.4 3.4 23.8 4.5 18.7 3,490,665 5.3 -23.1 -30.1 - -
Technology Hardware & Equip.
0.00 70.5 5.4 74.7 24.4 11.8 Dec 21 BK71F66 1.8 0.04 Advanced Micro-Fabri 123.18 CNH 616 7 6,050 1.5 -2.7 -25.3 8,710 1,197.0
2.11 25.2 5.0 39.6 6.8 21.8 Dec 21 BD5M1H5 0.3 0.01 All Winner Technolog 22.49 CNH 629 6 966 -10.1 -32.5 -39.6 25,975 700.9
0.00 39.4 9.1 61.4 7.4 26.5 Dec 21 BK71BW4 0.8 0.02 Amlogic (Shanghai) ( 86.16 CNH 411 7 2,823 2.0 -33.8 - 2,318 216.5

5–27
FTSE All-World Review August 2022

China - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% HKD (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Technology Hardware & Equip.
1.69 20.0 2.9 16.0 2.1 15.2 Dec 21 BKDQ800 0.6 0.01 Avary Holding Shenzh 29.66 CNH 2,322 2.5 1,960 -3.4 -30.1 -6.4 23,236 761.6
0.33 33.3 8.3 51.7 11.5 28.1 Dec 21 BK71BP7 0.6 0.01 Beijing Yuanliu Hong 118.58 CNH 232 6.2 1,961 -0.4 -33.9 -22.4 1,823 232.5
5.68 5.4 1.1 2.3 0.6 24.3 Dec 21 BD5CPL7 3.3 0.07 BOE Technology Group 3.70 CNH 37,510 7 11,061 -4.9 -26.7 -36.4 267,666 1,030.6
6.32 5.0 1.0 2.1 0.6 24.3 Dec 21 6001096 1.1 0.02 Boe Technology Grp B 3.94 HKD 936 100 3,688 -6.0 12.9 4.2 9,344 37.4
1.18 25.7 3.2 45.0 8.4 15.0 Dec 21 BD5CLT7 1.2 0.03 Chaozhou Three-Circl 27.10 CNH 1,917 7 4,139 0.9 -39.2 -27.9 18,753 530.9
0.52 44.6 3.0 -ve 1.6 7.0 Dec 21 BD5CKJ0 0.7 0.01 China Greatwall Tech 9.08 CNH 3,226 7 2,334 -6.0 -35.9 -38.2 28,537 283.0
0.33 28.3 3.7 18.9 7.1 16.5 Dec 21 BP91NW1 1.2 0.02 China Resources Micr 52.40 CNH 1,320 5.1 4,033 3.6 -18.9 - - -
0.27 38.6 7.8 43.5 10.3 22.5 Dec 21 BD5C885 1.4 0.03 China Zhenhua Group 112.19 CNH 518 7 4,633 -5.1 -9.7 -2.3 6,245 766.8
5.58 14.4 4.8 9.1 5.9 34.3 Dec 21 BD5CND5 2.1 0.04 Focus Media Informat 6.06 CNH 14,442 7 6,975 2.5 -26.0 -15.7 76,568 450.2
1.03 49.0 12.0 +ve 12.6 27.4 Dec 21 BL58MB0 0.3 0.01 Fuzhou Rockchip Elec 82.17 CNH 417 2.5 994 -12.9 -40.0 - 2,814 276.2
0.91 32.2 5.7 34.2 9.1 19.9 Dec 21 BHWLWF8 1.8 0.04 Gigadevice Semicondu 115.97 CNH 668 7 6,169 -1.9 -34.1 -24.2 10,593 1,294.6
0.44 34.1 2.9 15.7 4.2 8.9 Dec 21 BD5LZX6 0.4 0.01 Guangdong East Power 7.70 CNH 2,321 6.2 1,272 -12.0 -23.4 -42.8 49,168 421.4
3.77 12.9 2.8 20.7 1.8 24.8 Dec 21 BP3RC39 0.9 0.02 Guangdong Shengyi Sc 15.90 CNH 2,315 7 2,933 0.1 -32.5 -32.3 17,138 286.6
1.33 26.2 5.4 16.7 2.1 22.1 Dec 21 BFCCR41 0.4 0.01 Guangzhou Shiyuan El 67.60 CNH 667 2.4 1,278 -0.7 -17.0 -22.3 1,589 109.2
0.17 +ve 20.0 -ve 23.3 15.7 Dec 21 BMTCW71 0.8 0.02 Hangzhou Changchuan 58.38 CNH 604 7 2,812 15.8 1.5 35.2 14,790 842.5
0.70 59.6 4.8 82.4 14.2 12.9 Dec 21 BP91NJ8 0.8 0.02 Hangzhou Lion Electr 53.26 CNH 677 7 2,873 -6.1 -34.3 - 15,171 929.0
0.25 35.9 8.8 58.5 7.8 31.7 Dec 21 BP3RCV7 1.3 0.03 Hangzhou Silan Micro 39.66 CNH 1,416 7 4,476 -4.7 -26.8 -27.6 28,240 1,239.2
1.34 15.3 2.8 23.9 1.9 20.2 Dec 21 BD5CKS9 0.5 0.01 Han's Laser Technolo 29.83 CNH 1,052 5 1,786 -6.0 -44.8 -33.5 56,009 1,921.2
1.14 30.5 5.1 26.9 2.7 17.8 Dec 21 BD5C8D0 0.8 0.02 Hengdian Group DMEGC 21.29 CNH 1,627 7 2,760 -13.8 12.8 34.7 43,070 991.3
0.81 36.0 6.3 43.1 3.9 18.6 Dec 21 BYQDM93 0.9 0.02 Hongfa Technology (A 37.68 CNH 1,043 7 3,131 -8.3 -29.3 -15.4 6,851 276.8
0.00 14.3 1.3 7.6 2.4 10.1 Dec 21 BRB3857 2.8 0.06 Hua Hong Semiconduct 23.20 HKD 1,302 31.5 9,542 -1.3 -46.0 -49.3 10,498 263.7
0.56 33.4 8.6 73.9 5.6 28.1 Dec 21 BFY8H47 0.3 0.01 Hunan Goke Microelec 71.70 CNH 182 7 1,041 7.0 -61.3 -47.2 3,979 277.4
0.23 36.6 3.8 36.3 7.4 11.6 Dec 21 BD760S9 0.7 0.02 Ingenic Semiconducto 81.55 CNH 482 5.6 2,526 -8.2 -39.1 -42.7 7,618 694.3
0.60 16.7 2.4 -4.1 0.5 15.2 Dec 21 BD5CLB9 0.8 0.02 Inspur Electronic In 23.21 CNH 1,454 7 2,689 -4.4 -35.2 -22.6 19,899 479.9
0.81 14.4 2.1 5.9 1.4 17.8 Dec 21 BP3RCQ2 1.0 0.02 Jiangsu Changjiang E 24.79 CNH 1,780 7 3,516 -1.7 -20.1 -27.4 64,808 1,794.6
5.09 1.6 0.3 0.9 0.0 18.3 Dec 21 BYMW733 1.4 0.03 Legend Holdings (H) 8.94 HKD 2,356 21.8 4,613 -0.7 -22.4 -28.7 998 8.9
0.80 25.0 2.1 34.4 1.8 8.5 Dec 21 BD5M1J7 0.4 0.01 Leyard Optoelectroni 6.27 CNH 2,543 7 1,271 -2.5 -38.8 -37.2 51,063 348.5
0.00 30.6 2.5 36.7 1.3 8.4 Dec 21 BD5LQY4 0.9 0.02 Lingyi iTech (Guangd 5.50 CNH 7,071 7 3,100 7.0 -25.3 -17.8 103,956 583.0
0.36 42.2 8.2 31.5 4.8 22.5 Dec 21 BRTL411 9.1 0.19 LONGi Green Energy T 51.20 CNH 7,578 7 30,924 -16.7 -16.8 -19.9 86,764 4,867.9
0.43 25.4 7.1 47.2 11.7 41.5 Dec 21 BK4XS11 1.1 0.02 Maxscend Microelectr 101.74 CNH 534 6.2 3,864 5.8 -50.2 -57.0 7,397 742.6
0.54 75.0 7.5 92.4 24.5 10.2 Dec 21 BK71F77 1.5 0.03 Montage Technology ( 55.50 CNH 1,133 7 5,011 -3.1 -33.8 -12.4 10,170 589.3
0.00 +ve 5.4 +ve 22.7 2.0 Dec 21 BNR4NR3 0.9 0.02 National Silicon Ind 20.60 CNH 2,720 4.8 3,072 1.9 -20.2 -31.3 15,543 338.6
0.07 +ve 8.8 -ve 15.4 11.1 Dec 21 BD5LYF1 3.5 0.07 NAURA Technology Gro 282.00 CNH 527 7 11,849 11.2 -18.7 -20.8 9,246 2,808.1
0.23 38.3 4.4 21.9 2.7 14.5 Dec 21 BD5M2G1 1.5 0.03 Ninestar (A) (SC SZ) 44.24 CNH 1,411 7 4,975 -11.8 -7.4 25.6 7,441 366.6
0.00 -9.4 2.5 10.5 0.9 -27.9 Dec 21 BD5CLK8 0.5 0.01 OFILM Gr (A) (SC SZ) 6.41 CNH 3,258 7 1,664 6.0 -33.9 -14.1 43,675 274.9
0.12 68.5 3.0 59.9 1.9 4.9 Dec 21 BD5CGV4 0.4 0.01 Qingdao TGOOD Electr 17.10 CNH 1,041 7 1,418 -10.0 -31.2 -47.3 20,466 381.0
0.26 41.8 5.6 88.8 10.9 14.5 Dec 21 BK71FH7 0.5 0.01 Raytron Technology ( 43.58 CNH 446 7 1,549 14.7 -44.5 -65.0 8,476 410.3
0.21 80.5 23.6 74.4 25.4 36.2 Dec 21 BHQPSR0 1.3 0.03 SG Micro (A) (SC SZ) 160.20 CNH 354 7 4,525 -0.2 -22.2 -24.9 2,987 511.7
1.12 29.0 5.1 18.6 3.1 18.8 Dec 21 BFY8GV7 0.4 0.01 Shennan Circuits (A) 84.92 CNH 513 2.5 1,254 -1.9 -30.3 -7.1 3,166 286.7
0.00 -26.8 2.8 -36.9 1.4 -9.6 Dec 21 BD5CG47 0.4 0.01 Shenzhen Everwin Pre 13.25 CNH 1,201 7 1,268 15.1 -33.2 -22.4 60,878 839.1
2.27 15.5 2.2 -14.8 0.6 15.3 Dec 21 BD5CK12 0.3 0.01 Shenzhen Huaqiang In 13.21 CNH 1,046 6.5 1,023 7.2 -23.3 -12.3 7,557 99.3
1.23 24.1 1.9 21.9 1.2 9.1 Dec 21 BD5CDW4 0.4 0.01 Shenzhen Kaifa Techn 12.19 CNH 1,561 7 1,516 3.7 -23.0 -23.6 33,731 438.1
1.37 19.7 2.7 16.4 2.0 14.4 Dec 21 BYW5QV3 0.2 0.00 Shenzhen Kinwong Ele 21.95 CNH 852 2.9 626 -1.5 -36.4 -12.4 8,136 201.7
0.14 64.2 7.5 34.3 9.2 15.6 Dec 21 BKDQ8D3 1.0 0.02 Shenzhen SC New Ener 132.99 CNH 348 6.2 3,296 0.0 16.4 -35.4 14,860 2,128.6
0.49 26.0 3.8 81.9 3.6 16.2 Dec 21 BD5C7M2 0.7 0.02 Sieyuan Electric (A) 41.00 CNH 766 7 2,503 -7.4 -16.7 25.6 7,321 328.7
0.18 +ve 13.5 +ve 39.6 13.1 Dec 21 BL58R37 1.4 0.03 StarPower Semiconduc 396.58 CNH 171 6.2 4,815 1.8 4.1 19.4 2,196 914.9
1.04 20.6 5.0 14.7 2.8 27.1 Dec 21 B1YBT08 20.7 0.43 Sunny Optical Techno 107.90 HKD 1,097 59.3 70,253 1.7 -56.2 -54.1 5,966 681.0
1.40 45.4 1.7 55.2 2.5 3.7 Dec 21 BD5LW13 0.2 0.00 Suzhou Anjie Technol 14.28 CNH 683 7 778 -18.1 -16.1 16.2 28,533 486.0
0.20 +ve 13.8 +ve 26.2 16.9 Dec 21 BL61W96 1.9 0.04 Suzhou Maxwell Techn 468.00 CNH 173 7 6,452 -0.8 16.6 -3.7 1,620 800.9
3.61 5.2 1.4 1.8 0.4 29.3 Dec 21 BD5CP28 1.4 0.03 TCL (A) (SC SZ) 4.15 CNH 14,031 7 4,641 -6.5 -32.7 -41.8 120,912 535.6
0.23 36.3 4.9 36.3 3.8 16.8 Dec 21 BD5CMT4 3.6 0.08 Tianjin Zhonghuan Se 48.11 CNH 3,232 7 12,392 -5.4 15.2 -10.9 49,402 2,594.9
0.74 14.0 0.7 4.6 0.7 4.8 Dec 21 BD5CKM3 0.5 0.01 Tianma Microelectron 9.44 CNH 2,458 6.5 1,736 -2.9 -27.5 -33.3 10,887 109.0
0.47 21.2 2.0 8.9 2.5 12.3 Dec 21 BD5C9M6 0.7 0.01 Tianshui Huatian Tec 9.60 CNH 3,205 7 2,452 8.4 -24.5 -24.7 95,160 983.2
0.00 24.7 2.4 8.6 1.6 10.0 Dec 21 BD5M001 0.6 0.01 TongFu M (A) (SC SZ) 18.58 CNH 1,329 7 1,968 12.7 -4.4 -9.7 126,861 2,662.9
0.15 66.2 18.8 +ve 24.8 33.3 Dec 21 BD5CL75 3.1 0.06 Unigroup (A) (SC SZ) 156.01 CNH 850 7 10,564 3.5 -2.9 -2.4 6,628 1,363.6
0.58 21.5 1.7 -22.7 0.7 7.7 Dec 21 BD5CBG4 0.5 0.01 Unisplen (A) (SC SZ) 17.30 CNH 2,860 3.2 1,831 -6.8 -24.3 -27.2 15,636 286.5
1.56 18.7 2.9 -33.3 0.7 15.9 Dec 21 BP3R4F5 0.3 0.01 Universal Scientific 16.63 CNH 2,210 2.6 1,105 -6.8 3.5 20.1 14,111 256.7

5–28
August 2022 FTSE Russell

China - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% HKD (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Technology Hardware & Equip.
0.15 93.8 5.7 41.8 10.2 6.2 Dec 21 BD5CK89 0.7 0.01 Westone Information 33.61 CNH 846 7 2,267 -23.4 -39.9 -30.5 16,971 656.2
0.41 22.2 7.0 50.6 4.6 36.7 Dec 21 BK947V2 1.8 0.04 Will Semiconductor S 93.74 CNH 1,184 4.8 6,181 -10.9 -59.3 -47.7 17,471 1,857.9
1.75 40.9 6.2 38.9 13.4 19.3 Dec 21 BD5CGD6 1.1 0.02 Wuhan Guide Infrared 14.30 CNH 3,285 7 3,744 15.0 -17.3 -26.9 59,468 834.5
1.25 21.2 3.1 16.1 3.1 15.8 Dec 21 BD5C7Z5 0.5 0.01 Wus Printed Circuit 11.96 CNH 1,897 7 1,808 -1.2 -27.9 6.9 59,540 771.9
1.06 30.3 7.0 56.7 4.8 34.2 Dec 21 BK94808 1.1 0.02 Wuxi Shangji Automat 134.87 CNH 385 6.2 3,715 -17.5 13.1 -41.4 8,677 1,412.5
0.37 38.8 5.9 42.1 6.9 19.5 Dec 21 BD5LTF6 0.7 0.01 Yangzhou Yangjie Ele 58.80 CNH 512 7 2,401 -5.8 -12.5 22.9 11,852 764.1
0.37 56.8 14.3 56.3 16.4 28.5 Dec 21 BD5M1Y2 2.3 0.05 Zhejiang Jingsheng M 76.00 CNH 1,287 7 7,792 4.1 9.4 -2.2 13,410 1,030.2
1.55 39.7 2.2 25.3 4.7 6.6 Dec 21 BD5C9N7 0.4 0.01 Zhejiang Quartz Crys 12.90 CNH 1,391 7 1,430 6.4 -25.8 -4.5 56,968 783.8
1.29 23.4 5.0 36.5 9.6 27.4 Dec 21 BFY8HD6 0.4 0.01 Zhuzhou Hongda Elect 46.51 CNH 412 6.7 1,478 -11.0 -53.5 -48.3 5,105 276.2
1.04 21.4 3.6 13.8 1.7 21.9 339,549 -4.1 -37.4 -37.0 - -
Telecommunications Equipment
0.23 23.5 1.9 -62.0 4.1 8.3 Dec 21 BD5CKF6 0.4 0.01 Addsino (A) (SC SZ) 10.58 CNH 1,604 7 1,352 -7.4 -36.6 -43.3 118,018 1,549.5
0.56 16.9 1.6 6.2 0.4 10.0 Dec 21 B29SHS5 5.0 0.10 Byd Electronic (P Ch 20.90 HKD 2,253 34.2 16,134 3.7 -26.8 -41.1 7,847 165.8
3.05 73.5 2.8 9.3 6.2 3.9 Dec 21 BFZ2PK0 14.2 0.28 China Tower (H) 0.98 HKD 176,009 26.5 45,729 -3.0 14.0 -3.9 81,046 80.7
0.56 43.4 1.6 +ve 0.6 3.6 Dec 21 BP3R886 0.4 0.01 Fiberhome Telecommun 14.39 CNH 1,188 7 1,362 -0.3 -20.0 -20.8 8,129 119.1
5.38 9.2 1.5 21.2 0.4 18.0 Dec 21 BG20N99 2.9 0.06 Foxconn Industrial I 9.29 CNH 19,865 4.4 9,246 -7.6 -22.1 -19.1 23,191 222.5
1.72 29.6 2.0 32.1 3.7 6.7 Dec 21 BD5CM72 0.5 0.01 Guangzhou Haige Comm 8.74 CNH 2,304 7 1,605 -2.2 -20.0 -21.9 18,819 169.8
0.42 22.3 1.9 28.9 1.0 8.8 Dec 21 BP3RFS5 1.0 0.02 Hengtong Optic-Elect 16.83 CNH 2,362 7 3,169 7.6 11.3 - 53,622 895.8
0.38 26.4 2.9 +ve 2.1 11.5 Dec 21 BD5CCY9 0.5 0.01 Huagong Tech (A) (S 21.16 CNH 1,006 7 1,696 -4.1 -24.0 -21.5 21,840 510.4

Country Details
0.00 -33.1 1.7 13.7 1.7 -4.9 Dec 21 BD5CC38 0.2 0.00 Hytera Communication 5.30 CNH 1,816 7 767 -0.2 -4.0 6.4 14,216 76.5
0.45 +ve 2.8 -ve 1.6 0.9 Dec 21 BP3R9T4 1.9 0.04 Jiangsu Zhongtian Te 22.26 CNH 3,413 7 6,055 -3.2 31.3 173.8 64,745 1,532.2
0.29 37.0 7.6 36.5 1.7 23.1 Dec 21 BD5CN80 6.6 0.13 Luxshare Precision I 37.52 CNH 7,084 7 21,185 10.5 -23.7 10.8 78,405 2,897.5
0.05 +ve 2.5 +ve 10.2 3.1 Dec 21 BD5CKR8 0.8 0.01 NavInfo (A) (SC SZ) 13.08 CNH 2,375 7 2,475 -6.4 -17.8 17.7 84,069 1,205.2
0.30 31.6 2.7 12.4 2.2 9.0 Dec 21 BD5CCF0 0.4 0.01 Shenzhen Sunway Comm 16.92 CNH 968 7 1,305 -1.5 -33.2 -24.9 21,460 381.6
2.20 13.9 3.9 13.6 1.1 32.1 Dec 21 BNR4NP1 1.4 0.03 Shenzhen Transsion H 68.26 CNH 802 7 4,361 -3.7 -56.5 -53.7 7,597 564.0
0.32 24.8 2.5 46.0 1.5 10.6 Dec 21 BK4PZC7 2.0 0.04 Wingtech Technology 64.60 CNH 1,246 7 6,417 -5.8 -50.0 -45.9 20,614 1,464.1
0.00 14.3 2.1 26.1 0.9 15.8 Dec 21 BG0ZMJ9 52.5 1.03 Xiaomi (P Chip) 11.56 HKD 24,985 58.6 169,340 -6.3 -38.8 -53.8 80,283 936.7
1.80 15.4 1.1 21.2 1.2 7.7 Dec 21 BSBND71 0.9 0.02 Yangtze (H) 17.82 HKD 352 48.8 3,060 25.0 37.7 60.8 3,447 56.1
0.71 38.8 2.8 53.5 3.0 7.7 Dec 21 BF0XD15 0.3 0.01 Yangtze Optical Fibr 39.45 CNH 406 4.6 851 19.4 20.5 53.6 6,468 244.4
1.12 39.7 10.2 58.3 17.5 28.2 Dec 21 BFCCR07 1.4 0.03 Yealink Network Tech 71.48 CNH 902 6.2 4,590 -5.8 -12.2 -16.9 1,807 133.0
0.75 24.4 2.0 28.8 3.0 9.9 Dec 21 BFFJRM7 0.5 0.01 Zhongji Innolight (A 29.32 CNH 800 5.9 1,593 -10.6 -31.0 -17.2 14,887 487.8
1.22 10.5 1.9 6.2 0.9 19.7 Dec 21 BD5CPY0 2.4 0.05 ZTE (A) (SC SZ) 24.50 CNH 3,978 7 7,768 0.3 -26.9 -26.2 28,945 710.1
2.05 7.3 1.3 4.3 0.6 19.7 Dec 21 B04KP88 3.9 0.08 ZTE H 16.64 HKD 756 100 12,572 -1.4 -22.1 -39.2 3,470 57.2
0.85 17.1 2.2 15.9 1.0 13.2 322,633 -4.0 -30.9 -42.0 - -
Telecommunications Service Prov.
12.00 6.2 0.5 4.2 0.2 8.9 Dec 21 B1HVJ16 46.9 0.05 China Communications 3.37 HKD 6,926 34.5 8,059 5.3 -11.3 -18.6 4,156 13.6
2.48 10.2 0.7 1.0 0.3 7.2 Dec 21 BP3R2X9 44.7 0.05 China United Network 3.55 CNH 30,988 6.1 7,679 3.2 -9.7 -15.3 87,308 306.6
3.42 9.7 2.7 7.8 5.8 29.3 Dec 21 BK4XYK2 3.4 0.00 Guangdong South New 35.10 CNH 231 6.2 577 1.8 -41.5 -26.2 2,118 72.3
0.33 33.6 6.4 69.6 6.7 20.9 Dec 21 BK947M3 5.0 0.01 TianJin 712 Communic 30.17 CNH 772 3.2 859 -2.3 -30.3 -30.0 7,667 238.7
6.87 9.2 0.7 1.4 0.3 8.4 17,174 2.7 -16.8 -20.6 - -
Health Care Providers
0.31 88.0 18.3 50.6 13.8 22.2 Dec 21 BD5CLQ4 24.6 0.10 Aier Eye Hospital Gr 29.42 CNH 7,023 7 16,468 -3.2 -9.6 -9.4 36,098 1,072.1

5–29
0.74 2.9 0.5 6.0 1.6 17.0 Dec 21 BMZC7F8 14.4 0.06 Hangzhou Tigermed Co 78.10 HKD 123 100 9,616 -4.0 -21.1 -43.4 658 50.4
0.46 27.8 4.5 57.5 15.6 17.0 Dec 21 BD5CCK5 9.7 0.04 Hangzhou Tigermed Co 108.35 CNH 749 7 6,471 6.2 -15.2 -19.2 6,351 659.3
0.00 48.4 4.8 54.0 9.4 10.3 Dec 21 BMX09H0 21.4 0.09 Hygeia Healthcare Ho 42.65 HKD 617 54.6 14,366 -5.5 -12.6 -29.3 1,965 85.9
1.44 29.2 1.2 29.8 5.8 4.6 Dec 21 BJ9JY53 11.1 0.05 Jinxin Fertility Gro 5.13 HKD 2,502 58.1 7,468 -15.9 -41.1 -58.5 15,810 86.5
0.00 +ve 2.4 9.2 2.1 1.0 Dec 21 BD73L10 2.2 0.01 Meinian (A) (SC SZ) 4.83 CNH 3,914 7 1,507 -4.5 -38.5 -31.8 22,413 108.3
0.00 -13.3 1.4 -15.3 2.7 -10.1 Dec 21 BDRYVB3 12.1 0.05 Ping An Healthcare a 21.40 HKD 1,129 33.5 8,118 4.1 -24.5 -62.7 3,761 77.7
0.00 53.0 13.0 39.7 13.4 28.0 Dec 21 BYYFJH8 4.4 0.02 Topchoice Medical In 116.39 CNH 321 7 2,974 -20.6 -41.5 -50.5 4,961 652.3
0.39 17.9 1.7 29.5 4.7 10.1 66,988 -5.5 -23.9 -40.6 - -
Medical Equipment and Services
0.00 66.9 5.7 42.1 15.1 14.9 Dec 21 BKP5JH9 4.4 0.02 Angelalign Technolog 137.80 HKD 169 15 3,491 -2.9 -44.2 - 336 46.3
0.11 55.2 25.2 66.8 19.5 58.0 Dec 21 BMXTWX4 4.1 0.02 Beijing Wantai Biolo 127.65 CNH 880 2.5 3,216 -5.7 -16.4 -20.4 2,310 306.9
1.26 27.0 5.3 +ve 10.6 20.9 Dec 21 BNR4MT8 0.3 0.00 Contec Medical Syste 23.86 CNH 402 2.3 262 -10.9 -41.2 -37.3 2,578 65.3
0.44 16.2 3.3 14.6 1.5 22.5 Dec 21 BD5CHK0 1.9 0.01 Dian Diagnostics Gro 30.93 CNH 621 7 1,530 0.8 -7.9 3.1 5,619 172.2
1.51 20.4 5.5 20.6 6.9 29.4 Dec 21 BFY8GN9 0.5 0.00 Double Medical Techn 33.22 CNH 417 2.4 394 -4.4 -34.4 -31.0 696 24.5
0.92 21.8 4.5 21.8 4.3 22.3 Dec 21 BFY8GZ1 1.3 0.01 Guangzhou Wondfo Bio 32.64 CNH 445 6.2 1,033 -12.8 -17.1 -23.4 7,474 262.1
10.44 1.9 0.9 1.7 0.9 59.1 Dec 21 BMTCVT6 1.5 0.01 Intco Me (A) (SC SZ) 21.96 CNH 660 7 1,154 -4.5 -54.4 -61.3 9,211 207.8
1.92 31.5 11.7 30.3 14.1 39.7 Dec 21 BFY8H03 3.5 0.02 Jafron Biomedical (A 46.96 CNH 806 6.3 2,733 6.1 -11.9 -4.1 3,118 140.1
1.10 18.1 3.3 22.8 4.0 19.2 Dec 21 BD5CJM6 2.8 0.01 Jiangsu Yuyue Medica 27.28 CNH 1,003 7 2,180 1.2 -27.8 -16.7 8,192 225.3

5–29
FTSE All-World Review August 2022

China - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% HKD (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Medical Equipment and Services
1.45 18.1 3.0 11.2 3.2 17.8 Dec 21 BD5CM16 3.5 0.02 Lepu Medical Technol 18.93 CNH 1,805 7 2,723 5.7 -16.3 -26.7 11,859 213.4
2.71 10.9 2.5 6.6 2.7 24.2 Dec 21 BD5M283 0.8 0.00 Maccura Biotechnolog 17.37 CNH 613 5.2 636 -9.1 -40.5 -38.7 6,104 113.0
0.34 65.4 16.4 57.7 28.1 28.0 Dec 21 BHQPSJ2 3.7 0.02 Ovctek China (A) (SC 42.69 CNH 852 7 2,899 -10.5 -25.6 -36.1 10,086 461.7
4.84 6.8 0.8 3.7 1.0 12.4 Dec 21 BFY8HK3 0.7 0.00 Shandong Blue Sail P 8.26 CNH 1,007 5.4 512 -5.6 -49.3 -58.9 7,896 67.1
1.07 28.0 3.6 22.3 4.3 13.4 Dec 21 BMVB2W1 1.7 0.01 Shandong Pharmaceuti 28.10 CNH 595 7 1,332 7.2 -36.0 -17.3 6,618 186.2
1.51 17.3 2.2 14.5 3.3 13.5 Dec 21 6742340 31.6 0.15 Shandong Weigao Grou 10.70 HKD 4,571 50.6 24,781 9.2 10.0 -16.4 4,104 40.9
1.17 43.8 13.4 40.2 14.3 32.9 Dec 21 BHQK864 36.7 0.17 Shenzhen Mindray Bio 298.50 CNH 1,212 7 28,845 3.1 -21.6 -9.0 3,070 908.2
1.68 28.7 5.0 36.4 11.0 18.8 Dec 21 BMXTX20 1.0 0.00 Shenzhen New Industr 35.75 CNH 787 2.4 800 -11.2 -18.8 -21.1 2,491 97.1
1.35 22.0 4.0 18.6 5.1 19.9 78,518 1.6 -20.6 -23.7 - -
Pharmaceuticals & Biotechnology
3.82 6.3 0.9 6.7 1.8 15.6 Dec 21 BY9D3L9 0.9 0.05 3SBio (P Chip) 5.23 HKD 2,439 62.1 7,927 0.2 -19.5 -39.7 7,329 37.7
0.00 -16.0 5.3 -17.1 76.0 -33.8 Dec 21 BLFJ7Y1 1.4 0.07 Akeso (P Chip) 25.35 HKD 817 58.2 12,072 20.7 -25.4 -36.9 5,183 117.5
2.15 68.4 5.5 25.8 7.0 7.9 Dec 21 BD5C829 0.1 0.01 Anhui Anke Biotechno 9.32 CNH 1,639 7 1,217 2.1 -28.8 -20.3 12,900 120.0
1.58 22.0 4.2 34.8 2.4 20.5 Dec 21 BD5LY17 0.2 0.01 Apeloa Pharmaceutica 18.04 CNH 1,179 7 1,694 -6.5 -48.6 -42.9 9,991 184.7
0.33 54.4 4.7 +ve 12.7 11.6 Dec 21 BD6V5C4 0.4 0.02 Asymchem Laboratorie 171.55 CNH 343 4.9 3,324 4.0 -44.8 -31.4 4,909 838.8
0.00 -12.5 2.8 -13.6 15.1 -27.9 Dec 21 BGDY260 7.9 0.42 Beigene (P Chip) 103.10 HKD 1,335 49.8 68,601 2.2 -36.0 -44.1 912 100.7
1.11 19.4 1.7 19.9 7.6 9.3 Dec 21 BD5CJD7 0.1 0.00 Beijing SL Pharmaceu 9.02 CNH 1,027 7 739 -5.2 -16.6 -6.7 5,392 49.9
0.37 47.0 4.6 37.5 8.9 12.4 Dec 21 BP3R9J4 0.3 0.02 Beijing Tiantan Biol 22.28 CNH 1,648 7 2,926 11.5 -7.7 -13.8 5,942 127.3
0.55 39.8 4.1 35.8 8.4 10.9 Dec 21 BD6QWL7 0.1 0.00 Betta Pharmaceutical 45.39 CNH 415 2.5 549 -9.2 -43.1 -38.3 2,701 132.7
0.58 16.7 2.7 10.1 3.7 19.6 Dec 21 BFY8H58 0.1 0.00 BGI Genomics (A) (SC 60.38 CNH 414 2.4 695 -2.6 -31.2 -35.6 2,294 139.0
0.34 85.9 12.1 53.9 13.9 15.0 Dec 21 BP91NT8 0.4 0.02 Bloomage Biotechnolo 143.05 CNH 481 4.8 3,809 -10.2 -7.9 - - -
0.44 48.3 2.5 12.9 6.5 6.6 Dec 21 BD5LWP7 0.2 0.01 Boya Bio pharmaceuti 33.84 CNH 512 7 1,380 2.6 -11.8 -11.2 5,505 186.0
0.64 7.1 1.7 6.8 3.2 27.2 Dec 21 BMD9JD3 0.1 0.00 CanSino Biologics (A 125.81 CNH 115 4.9 811 -22.3 -58.0 -67.3 1,478 227.2
1.90 4.7 1.1 4.5 2.1 27.2 Dec 21 BJKDJS2 0.4 0.02 CanSino Biologics (H 49.25 HKD 133 54.2 3,548 -25.2 -72.7 -84.0 1,092 64.3
0.45 18.6 4.9 21.5 6.7 30.2 Dec 21 BD5CDB3 0.7 0.03 Changchun High & New 177.08 CNH 405 7 5,712 -8.6 -34.8 -30.6 8,460 1,716.4
0.64 32.1 2.4 29.2 4.0 7.6 Dec 21 BD5CM38 0.1 0.00 Chengdu Kanghong Pha 15.67 CNH 920 2.7 451 11.2 -23.0 -12.8 6,926 103.9
1.02 27.8 1.9 +ve 0.5 6.8 Dec 21 BP3R8X1 0.2 0.01 China Me (A) (SC SH) 12.77 CNH 1,496 7 1,522 -12.0 51.4 61.8 32,065 430.6
5.12 7.9 2.0 9.6 3.0 26.8 Dec 21 B6WY993 1.6 0.09 China Medical System 11.64 HKD 2,457 49.8 14,250 -6.9 -10.6 -23.6 2,744 32.9
2.53 18.7 2.0 14.7 2.2 11.0 Dec 21 BP3R961 0.2 0.01 China Resources Doub 18.94 CNH 1,043 7 1,575 -9.2 41.7 65.3 27,154 540.5
2.79 8.2 0.7 3.0 0.1 8.5 Dec 21 BYNGG26 1.0 0.05 China Resources Phar 5.38 HKD 6,283 26.3 8,902 14.5 51.5 32.8 10,191 49.0
2.16 18.3 2.5 20.7 2.5 14.6 Dec 21 BD5CL42 0.4 0.02 China Resources Sanj 39.49 CNH 979 7 3,081 9.0 15.3 41.3 7,751 299.9
4.12 6.6 0.7 21.7 0.7 11.4 Dec 21 6971779 1.0 0.05 China Traditional Ch 3.40 HKD 5,036 48.4 8,298 2.1 -34.2 -8.1 17,865 58.3
0.64 14.6 8.5 17.7 4.9 79.7 Dec 21 BD5CJY8 1.4 0.07 Chongqing Zhifei Bio 94.05 CNH 1,600 7 11,993 -5.5 -24.5 -46.9 8,364 791.8
2.25 14.0 3.0 16.3 2.8 23.3 Dec 21 6191997 7.7 0.40 CSPC Pharmaceutical 7.99 HKD 11,933 70 66,743 -7.0 -5.7 -19.0 24,713 201.1
6.29 6.8 3.4 7.5 3.2 62.9 Dec 21 BD5CKW3 0.2 0.01 Da An Gene (A) (SC S 17.66 CNH 1,403 7 1,975 -6.1 -12.0 -5.7 18,861 335.7
0.82 14.1 2.0 19.1 5.7 15.3 Dec 21 BMQBVG3 0.1 0.00 Gan & Lee Pharmaceut 36.70 CNH 562 2.5 588 -10.0 -47.8 -54.4 3,241 125.6
0.00 -20.0 7.8 -51.8 13.5 -38.6 Dec 21 BD9Q2J2 2.8 0.15 Genscript B (P Chip) 25.45 HKD 2,103 45.7 24,465 -10.4 -26.2 -31.1 4,079 111.9
4.25 7.1 0.9 4.8 0.4 13.7 Dec 21 6084387 0.5 0.03 Guangzhou Baiyunsha 18.92 HKD 220 100 4,161 -8.8 -15.7 -4.7 458 8.9
2.53 11.7 1.5 7.8 0.6 13.7 Dec 21 BP3R4Q6 0.4 0.02 Guangzhou Baiyunshan 27.20 CNH 1,406 7 3,048 -5.6 -20.5 -7.7 5,575 154.6
1.92 13.9 4.9 14.9 2.6 44.4 Dec 21 BFYX689 0.3 0.01 Guangzhou Kingmed Di 66.67 CNH 466 7 2,475 -4.3 -40.1 -36.8 3,491 236.6
0.00 70.6 2.5 30.3 3.2 3.6 Dec 21 BD5CLR5 0.1 0.00 Guizhou Bailing Grou 6.98 CNH 1,411 6.2 706 -9.4 -8.2 4.8 20,504 147.8
1.19 35.5 1.5 22.3 1.6 5.0 Dec 21 BD5CFK6 0.1 0.00 Guizhou Xinbang Phar 5.04 CNH 2,027 7 814 -7.2 -32.1 -43.9 22,653 119.1
0.98 50.7 7.2 +ve 7.3 14.0 Dec 21 BD5CKL2 0.1 0.01 Haisco Pharmaceutica 18.88 CNH 1,077 3.9 914 20.7 -7.5 12.0 2,790 52.3
0.57 28.3 3.8 27.2 7.7 14.3 Dec 21 BJYKB72 1.7 0.09 Hansoh Pharmaceutica 15.70 HKD 5,922 16.2 15,077 2.6 -17.4 -26.1 3,601 57.1
0.69 29.8 4.5 23.3 2.1 15.9 Dec 21 BD5CM94 0.7 0.04 Huadong Medicine (A 42.17 CNH 1,750 7 5,881 -6.2 4.9 37.1 12,469 534.9
1.01 27.6 4.3 25.2 8.1 16.5 Dec 21 BD5CL19 0.3 0.02 Hualan Biological En 19.76 CNH 1,824 7 2,873 -1.2 -32.2 -32.9 12,027 238.7
3.67 15.6 1.2 9.4 1.0 7.7 Dec 21 BD5CJZ9 0.1 0.01 Huapont-Nutrichem (A 6.00 CNH 1,980 7 947 1.7 -17.1 0.7 19,198 115.2
2.95 11.8 2.3 10.8 2.7 20.9 Dec 21 BS7K3N2 0.1 0.00 Hubei Ju (A) (SC SH) 23.06 CNH 888 3.2 758 -4.8 -18.6 38.9 7,644 186.6
0.80 20.3 2.3 15.1 1.5 12.5 Dec 21 BP3R712 0.3 0.01 Humanwell Healthcare 18.65 CNH 1,633 7 2,427 6.1 -17.2 -13.7 37,284 745.3
0.00 -1.4 0.7 -3.4 37.0 -45.8 Dec 21 BKRRKY7 0.3 0.02 I-MAB ADS (N Shares) 6.13 USD 83 65.5 2,608 -41.5 -87.1 -91.4 334 2.3
0.38 +ve 24.0 +ve 83.5 20.0 Dec 21 BNR4MY3 0.9 0.05 Imeik Technology Dev 559.00 CNH 216 5.4 7,448 -4.6 4.3 -4.8 1,121 634.9
0.28 36.8 3.6 -30.0 2.9 10.3 Dec 21 BMQ8T71 0.1 0.00 Inmyshow Digital Tec 7.27 CNH 1,808 5.1 776 -7.0 -41.1 -18.5 21,089 162.6
0.00 -13.0 3.9 -20.8 9.5 -32.8 Dec 21 BGR6KX5 5.1 0.27 Innovent Biologics ( 33.45 HKD 1,466 90.2 44,241 2.1 -30.7 -46.7 8,611 295.9
0.46 48.7 6.3 52.4 8.5 13.9 Dec 21 BP3R369 2.0 0.11 Jiangsu Hengrui Medi 34.66 CNH 6,379 7 17,621 -1.8 -31.7 -23.3 33,321 1,196.7
2.13 9.1 0.7 50.5 7.1 7.7 Dec 21 BD5CLG4 0.2 0.01 Jilin Aodong Medicin 14.11 CNH 1,163 7 1,308 -2.4 -23.6 -11.3 5,197 73.5
1.37 15.1 1.8 8.1 1.3 12.1 Dec 21 BP3RBV0 0.2 0.01 Joincare Pharmaceuti 10.91 CNH 1,912 7 1,662 -1.1 -15.0 -1.2 12,318 135.9
0.72 5.5 0.4 4.6 2.1 13.6 Dec 21 BNK9Q76 0.4 0.02 JOINN Laboratories ( 42.00 HKD 85 96.4 3,443 -17.0 -10.4 -43.0 345 16.1
0.33 61.5 4.9 51.2 23.1 13.6 Dec 21 BK94819 0.3 0.02 Joinn Laboratories C 77.93 CNH 449 6.2 2,498 -1.5 -5.5 -23.2 3,330 291.6

5–30
August 2022 FTSE Russell

China - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% HKD (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Pharmaceuticals & Biotechnology
2.53 8.8 1.1 6.4 0.2 12.5 Dec 21 BP3R541 0.2 0.01 Jointown Pharmaceuti 11.88 CNH 1,874 7 1,774 4.8 -19.3 -21.5 6,333 74.1
4.16 16.6 2.3 15.6 2.5 14.3 Dec 21 BD5CQ25 0.2 0.01 Livzon Pharmaceutica 31.27 CNH 625 7 1,558 -1.6 -22.2 -20.7 4,537 142.2
6.67 10.0 1.4 9.4 1.5 14.3 Dec 21 BJ34614 0.4 0.02 Livzon Pharmaceutica 22.20 HKD 313 48.9 3,402 -4.9 -22.1 -22.8 250 5.6
0.00 65.3 0.8 19.8 1.3 1.3 Dec 21 BNQ4GF3 0.5 0.02 Luye Pharma Group (P 2.27 HKD 3,541 49.8 4,005 -3.4 -36.2 -45.3 3,904 8.9
0.64 26.8 5.4 42.4 7.9 24.3 Dec 21 BF2DZL7 0.2 0.01 Nanjing King-friend 17.94 CNH 1,617 4.4 1,463 -4.0 -44.5 -18.9 4,202 78.1
0.44 48.1 8.2 40.3 10.9 17.9 Dec 21 BK4XYC4 0.2 0.01 Pharmaron Beijing (A 68.05 CNH 990 2.6 1,997 -12.2 -27.7 -47.0 5,601 409.2
0.65 32.4 5.5 27.1 7.3 17.9 Dec 21 BK72QD3 1.2 0.06 Pharmaron Beijing (H 52.15 HKD 201 100 10,483 -18.5 -35.0 -54.7 1,035 58.4
0.00 74.0 5.9 79.8 14.5 7.9 Dec 21 BMC6XV1 0.8 0.04 RemeGen (H) 44.90 HKD 190 76.5 6,519 0.0 -42.4 -55.3 1,293 63.5
0.94 7.1 2.5 8.5 3.5 40.4 Dec 21 BP91NQ5 0.0 0.00 Sansure Biotech (A) 27.05 CNH 592 2 379 -7.2 -32.1 - 3,624 102.2
2.00 13.7 1.4 15.6 1.3 10.6 Dec 21 BYW5NC3 0.1 0.00 Shandong Buchang Pha 18.00 CNH 1,142 2.5 599 -4.9 -14.7 -4.5 4,670 85.3
1.93 48.7 2.2 8.0 5.8 4.7 Dec 21 BD5CM61 0.2 0.01 Shandong Dong-E E-Ji 34.26 CNH 654 7 1,786 -4.3 -29.7 -0.3 4,995 179.5
2.60 11.9 1.6 16.7 1.6 13.9 Dec 21 B8XBQ96 1.6 0.08 Shanghai Fosun Pharm 25.35 HKD 552 98.4 13,778 -10.7 -26.2 -49.2 2,954 78.5
1.39 19.0 2.6 26.5 2.6 13.9 Dec 21 BP3R3M5 0.7 0.04 Shanghai Fosun Pharm 40.36 CNH 2,011 7 6,469 -8.1 -17.5 -36.2 20,483 868.8
0.00 -48.3 4.3 -54.4 8.6 -10.3 Dec 21 BLCD7F7 0.1 0.01 Shanghai Junshi Bios 52.88 CNH 692 2.4 1,031 -13.9 -21.1 -5.6 5,896 343.3
0.00 -7.3 0.6 -8.3 1.3 -10.3 Dec 21 BG6DZJ8 0.6 0.03 Shanghai Junshi Bios 28.80 HKD 219 79.6 5,030 -12.3 -50.3 -34.5 1,427 44.9
2.43 11.5 1.3 12.6 0.3 11.7 Dec 21 BP3R4Z5 0.3 0.02 Shanghai Pharmaceuti 17.28 CNH 1,923 7 2,649 0.6 -13.0 -10.0 9,170 155.2
4.30 3.5 0.4 3.8 0.1 11.7 Dec 21 B4Q4CJ6 1.1 0.06 Shanghai Pharmaceuti 11.44 HKD 919 91.3 9,599 -3.2 -22.6 -25.9 2,310 25.6
0.48 30.0 1.5 30.4 9.2 5.1 Dec 21 BD5CPJ5 0.4 0.02 Shanghai RAAS Blood 5.84 CNH 6,741 7 3,138 1.2 -14.4 -15.9 23,715 135.1
0.62 4.2 0.1 -14.6 0.2 2.5 Dec 21 BMFR225 0.1 0.01 Shenzhen Hepalink Ph 6.39 HKD 220 84.6 1,191 -2.3 -21.5 -30.2 368 2.3

Country Details
0.22 67.2 1.7 -ve 3.1 2.5 Dec 21 BD5CKT0 0.1 0.00 Shenzhen Hepalink Ph 15.74 CNH 1,247 2.9 662 -1.3 -8.0 -0.4 3,695 57.4
2.13 29.4 4.4 22.8 10.3 15.9 Dec 21 BFY8HT2 0.3 0.02 Shenzhen Kangtai Bio 33.69 CNH 1,121 7 3,009 0.9 -45.3 -55.5 10,726 365.7
0.00 77.8 1.6 11.1 0.2 2.1 Dec 21 BD5CBK8 0.1 0.00 Shenzhen Neptunus Bi 3.48 CNH 2,751 7 763 -1.4 -1.4 9.4 15,617 53.1
1.56 40.3 3.5 24.1 9.3 10.4 Dec 21 BD5CM05 0.2 0.01 Shenzhen Salubris Ph 25.57 CNH 1,115 6.3 2,045 6.4 -6.4 0.9 3,204 79.8
1.40 25.9 3.9 67.6 3.5 15.3 Dec 21 BD5CHJ9 0.3 0.02 Shijiazhuang Yiling 21.39 CNH 1,671 7 2,848 -3.6 9.1 25.1 21,869 476.7
1.98 25.2 2.2 10.7 1.8 8.9 Dec 21 BD5CL08 0.3 0.01 Sichuan Kelun Pharma 21.47 CNH 1,425 7 2,439 -2.5 13.4 18.0 13,147 288.5
1.45 4.4 2.1 6.6 2.4 62.2 Dec 21 B00XSF9 4.7 0.24 Sino Biopharm (P Chi 4.14 HKD 18,831 51.6 40,256 -8.8 -24.2 -36.4 29,597 127.0
0.71 23.6 2.2 43.0 2.2 9.5 Dec 21 BD5CGM5 0.2 0.01 Tianjin Chase Sun Ph 5.61 CNH 3,004 7 1,343 -11.0 -28.4 25.5 53,764 323.2
2.57 16.7 4.0 11.8 6.9 26.4 Dec 21 BD5M1D1 0.0 0.00 Tibet Cheezheng Tibe 23.00 CNH 530 2.5 351 -2.8 -24.7 -20.0 571 13.3
0.06 +ve 8.2 +ve 20.2 6.2 Dec 21 BD5CG36 0.6 0.03 Walvax Biotechnology 43.65 CNH 1,601 7 5,571 0.5 -22.3 -43.8 14,596 628.7
0.58 50.7 6.9 58.2 11.5 14.7 Dec 21 BHWLWV4 2.1 0.11 Wuxi Apptec (A) (SC 89.65 CNH 2,564 7 18,318 -4.0 -24.4 -32.5 24,103 2,211.4
0.69 45.2 6.1 51.8 10.3 14.7 Dec 21 BGHH0L6 3.5 0.18 WuXi AppTec (H) 89.35 HKD 392 85.4 29,934 -5.9 -33.8 -42.4 2,346 213.7
0.00 70.9 7.4 71.3 23.7 13.0 Dec 21 BL6B9P1 28.6 1.50 WuXi Biologics (P Ch 69.70 HKD 4,219 84 247,100 -6.5 -24.7 -42.1 15,077 1,060.9
0.00 40.1 1.7 48.3 3.3 4.3 Dec 21 BD5CDK2 0.1 0.01 Yifan Xinfu Pharmace 11.78 CNH 1,234 7 1,159 -1.8 -33.1 -24.0 7,472 89.5
2.18 33.3 2.5 18.0 2.6 7.4 Dec 21 BD5CP95 0.8 0.04 Yunnan Baiyao Group 52.36 CNH 1,796 6.3 6,789 -5.1 -30.0 -17.3 4,429 237.9
0.00 -6.3 3.2 -8.1 30.9 -55.2 Dec 21 BD9GVY0 2.5 0.13 Zai Lab ADS (N Share 46.21 USD 96 61.1 21,396 14.0 -26.5 -68.0 162 7.1
0.40 72.7 18.7 +ve 22.6 28.4 Dec 21 BP3R7Z6 1.7 0.09 Zhangzhou Pientzehua 300.99 CNH 603 7 14,473 1.8 -31.1 -13.3 1,835 541.4
1.40 89.9 1.9 +ve 4.7 2.2 Dec 21 BD5CD35 0.1 0.01 Zhejiang Hisoar Phar 7.16 CNH 1,619 7 924 -1.5 -13.1 -13.2 8,061 56.5
0.50 54.3 4.7 31.7 4.5 8.7 Dec 21 BP3RBR6 0.3 0.01 Zhejiang Huahai Phar 19.91 CNH 1,492 7 2,367 -2.4 -8.1 24.4 14,527 298.5
0.61 52.7 7.5 50.4 8.4 16.9 Dec 21 BMQBVL8 0.3 0.02 Zhejiang Jiuzhou Pha 41.05 CNH 833 6.5 2,529 -12.4 -27.0 1.9 8,129 348.3
2.34 12.3 1.6 12.0 1.5 13.5 Dec 21 BP3R9X8 0.1 0.01 Zhejiang Medicine ( 14.10 CNH 965 7 1,085 -0.9 -17.4 -12.6 24,681 365.7
0.43 70.0 14.0 67.2 30.0 21.7 Dec 21 BFY8GY0 0.2 0.01 Zhejiang Wolwo Bio-P 46.28 CNH 524 7 1,931 1.3 -19.2 -9.7 1,767 82.2
0.83 40.1 2.9 38.0 2.4 9.8 864,673 -4.7 -25.6 -38.3 - -

5–31
Banks
9.42 3.4 0.4 1.0 0.7 11.7 Dec 21 B60LZR6 4.8 0.48 Agricultural Bank of 2.57 HKD 30,739 100 78,999 -0.8 -4.1 -1.5 62,955 161.9
7.26 4.3 0.5 1.2 0.9 11.7 Dec 21 BP3R228 1.3 0.13 Agricultural Bank of 2.85 CNH 319,244 2 21,497 0.0 -3.1 -3.7 202,460 573.6
7.38 4.2 0.4 -1.8 0.7 9.9 Dec 21 BP3R2W8 0.4 0.04 Bank of Beijing (A) 4.13 CNH 21,143 7 6,959 -1.0 -7.0 -4.8 31,730 130.8
5.13 4.3 0.6 12.3 0.7 14.6 Dec 21 BK94875 0.1 0.01 Bank of Changsha (A) 6.82 CNH 4,022 6.1 1,932 -7.8 -12.7 -21.3 9,056 62.8
4.02 7.5 1.2 -14.3 1.7 17.6 Dec 21 BFYQHF2 0.1 0.01 Bank of Chengdu (A) 15.69 CNH 3,612 2.4 1,613 1.8 30.8 29.6 21,086 311.5
7.27 4.2 0.5 2.4 0.9 11.6 Dec 21 BP3R239 0.7 0.07 Bank of China (A) (S 3.04 CNH 210,766 1.4 10,862 -0.7 -0.3 0.3 86,770 262.7
9.38 3.4 0.4 1.9 0.7 11.6 Dec 21 B154564 12.8 1.27 Bank of China (H) 2.76 HKD 83,622 91 210,049 -1.1 -1.8 1.1 158,269 435.4
7.75 4.1 0.4 2.4 0.7 10.8 Dec 21 BP3R2G2 0.9 0.09 Bank of Communicatio 4.58 CNH 39,251 7 14,328 -0.9 -0.7 3.6 47,417 217.0
5.37 3.4 0.4 -1.4 0.7 14.3 Dec 21 BYW5QQ8 0.1 0.01 Bank of Guiyang (A) 5.59 CNH 3,656 7 1,629 -0.2 -14.1 -15.4 11,523 63.7
2.44 10.0 1.2 -6.0 1.5 12.6 Dec 21 BYW5MZ9 0.4 0.04 Bank of HangZhou (A) 14.33 CNH 5,930 7 6,773 0.2 11.8 7.0 22,509 308.1
5.52 6.0 0.7 1.3 0.9 12.4 Dec 21 BYW5MY8 0.2 0.02 Bank of Jiangsu (A) 7.25 CNH 14,770 2.5 3,048 0.7 24.4 12.8 72,419 505.5
4.35 6.8 1.0 0.9 1.4 15.1 Dec 21 BP3R529 0.5 0.05 Bank Of Nanjing (A) 10.62 CNH 10,015 7 8,477 2.7 18.5 13.2 26,925 280.9
1.68 10.4 1.5 -4.6 2.2 15.9 Dec 21 BD5CP06 1.0 0.10 Bank of Ningbo (A) ( 29.83 CNH 6,604 7 15,700 -4.4 -22.1 -3.4 37,082 1,074.2
4.64 7.7 0.7 1.9 0.9 10.4 Dec 21 BHZM366 0.1 0.01 Bank of Qingdao (A) 3.45 CNH 3,528 7 970 0.6 -19.6 -22.2 12,521 42.1

5–31
FTSE All-World Review August 2022

China - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% HKD (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Banks
6.77 3.8 0.5 1.1 0.8 12.6 Dec 21 BD8P9J9 0.4 0.04 Bank of Shanghai (A) 5.91 CNH 14,207 7 6,692 -0.8 -17.1 -18.0 15,373 90.0
3.91 7.5 0.7 -3.1 1.2 10.3 Dec 21 BK71760 0.0 0.00 Bank of Suzhou (A) ( 6.51 CNH 3,667 2.5 679 1.6 5.8 5.2 22,395 141.6
0.00 7.3 0.5 2.0 0.7 7.4 Dec 21 BGRDXR1 0.1 0.01 Bank of ZhengZhou (A 2.56 CNH 6,429 7 1,312 -1.2 -19.0 -17.7 16,951 42.7
9.02 3.5 0.4 2.1 0.6 10.8 Dec 21 B0B8Z29 2.0 0.20 Bk of Communications 4.48 HKD 35,012 20.7 32,597 -4.1 -4.9 0.2 14,287 65.7
6.74 4.2 0.4 2.1 0.6 11.0 Dec 21 BP3R2H3 0.2 0.02 China Citic Bank (A) 4.48 CNH 34,053 2 3,474 2.8 -3.0 -2.4 18,165 79.0
10.20 2.6 0.3 1.3 0.4 11.0 Dec 21 B1W0JF2 1.9 0.19 China Citic Bank (H) 3.37 HKD 14,882 62.5 31,386 2.7 -0.3 -5.9 24,273 80.1
8.51 3.6 0.4 2.6 0.8 12.6 Dec 21 B0LMTQ3 27.6 2.75 China Construction 4.87 HKD 240,417 38.8 454,616 -2.8 -9.8 -13.3 176,305 862.2
6.59 4.6 0.6 3.3 1.1 12.6 Dec 21 BP3R3L4 0.3 0.03 China Construction B 5.52 CNH 9,594 7 4,221 -0.9 -5.8 -5.6 40,776 223.3
7.00 4.0 0.4 1.3 0.6 10.9 Dec 21 BP3R2P1 0.6 0.06 China Everbright Ban 2.87 CNH 41,353 7 9,459 -1.0 -13.6 -14.3 47,670 135.5
9.50 2.8 0.3 0.9 0.4 10.9 Dec 21 B5NRRJ0 0.5 0.05 China Everbright Ban 2.41 HKD 12,679 24.4 7,471 1.3 -12.7 -13.6 4,620 11.0
4.34 7.5 1.2 8.1 1.9 17.2 Dec 21 BP3R273 3.5 0.35 China Merchants Bank 35.05 CNH 20,629 7 57,627 -0.1 -28.0 -28.4 62,002 2,101.0
4.43 7.6 1.2 8.2 1.9 17.2 Dec 21 B1DYPZ5 9.3 0.92 China Merchants Bank 40.30 HKD 4,591 82.4 152,506 -5.0 -33.4 -37.3 13,936 563.4
5.92 6.1 0.4 2.2 0.6 6.6 Dec 21 BP3R2C8 0.6 0.06 China Minsheng Banki 3.60 CNH 35,462 7 10,175 -1.1 -7.7 -9.3 36,956 133.6
9.70 3.7 0.2 1.3 0.4 6.6 Dec 21 B57JY24 1.0 0.10 China Minsheng Banki 2.50 HKD 8,320 76.5 15,933 -2.3 -16.1 -23.1 15,472 39.3
4.95 5.5 0.5 1.2 0.6 9.9 Dec 21 BK96BF0 0.1 0.01 China Zheshang Bank 3.25 CNH 16,715 3 1,913 0.3 -7.1 -8.5 19,971 64.5
7.05 4.9 0.5 1.1 0.8 9.8 Dec 21 BJLWMG7 0.1 0.01 Chongqing Rural Comm 3.58 CNH 8,844 3.8 1,383 0.0 -7.0 -8.0 27,493 97.2
10.57 0.5 0.0 0.1 0.1 9.8 Dec 21 B4Q1Y57 0.4 0.04 Chongqing Rural Comm 2.72 HKD 2,513 92.9 6,357 -0.4 -1.8 -8.7 4,803 12.9
6.58 3.8 0.3 1.9 0.5 9.0 Dec 21 BP3R2T5 0.4 0.04 Hua Xia Bank (A) (SC 5.14 CNH 15,387 7 6,304 0.4 -8.2 -8.2 16,336 83.4
8.58 3.7 0.4 1.3 0.9 12.3 Dec 21 B1G1QD8 19.1 1.91 Indstrl & Comm BOC H 4.00 HKD 86,794 90.7 315,027 -3.6 -9.1 -7.8 110,370 447.4
6.70 4.6 0.5 1.7 1.2 12.3 Dec 21 BP3R217 1.6 0.16 Industrial and Comme 4.38 CNH 269,612 2 26,891 0.0 -5.4 -5.2 130,347 566.7
6.05 4.5 0.6 -1.8 0.9 14.0 Dec 21 BP3R295 1.7 0.17 Industrial Bank (A) 17.11 CNH 20,774 7 28,329 -3.7 -10.1 -7.5 63,649 1,109.8
2.69 8.0 0.8 68.0 1.3 10.9 Dec 21 BFCCQK0 0.0 0.00 Jiangsu Zhangjiagang 4.96 CNH 2,170 2.5 306 -8.1 3.3 4.2 27,036 136.7
1.79 7.2 0.8 -1.1 0.9 11.1 Dec 21 BD5CPS4 1.2 0.12 Ping An Bank (A) (SC 12.75 CNH 19,406 7 19,720 0.6 -22.6 -28.4 103,382 1,280.0
5.49 5.8 0.7 -84.3 0.8 12.2 Dec 21 BL61XF9 0.5 0.05 Postal Savings Bank 4.51 CNH 72,528 2 7,565 -3.8 -11.6 - 103,103 464.3
6.17 5.3 0.6 -77.2 0.7 12.2 Dec 21 BD8GL18 2.7 0.27 Postal Savings Bank 4.70 HKD 19,856 47.1 44,033 -9.4 -14.1 -16.2 42,471 204.5
3.28 5.7 0.6 -12.6 0.9 10.4 Dec 21 BK4XYB3 0.0 0.00 Qingdao Rural Commer 3.05 CNH 5,556 2.5 482 -1.6 -21.0 -22.0 15,053 45.6
5.64 4.3 0.3 1.6 0.6 7.5 Dec 21 BP3R2B7 1.0 0.10 Shanghai Pudong Deve 7.27 CNH 29,352 7 17,007 0.1 -14.8 -19.7 20,777 149.2
7.73 4.0 0.5 2.2 0.8 12.0 1,646,303 -2.9 -13.2 -14.0 - -
Finance and Credit Services
4.13 2.7 1.0 2.8 1.0 47.1 Dec 21 BFMV9Y2 20.7 0.10 360 DigiTech ADS 15.98 USD 155 82.8 16,124 10.1 -30.3 -29.9 437 6.6
0.30 34.2 7.0 32.7 22.4 22.8 Dec 21 BD5CPC8 30.1 0.14 East Money Informati 22.20 CNH 13,214 7 23,380 -0.2 -28.2 -13.9 162,454 3,627.3
7.06 4.1 0.5 -1.5 0.7 14.8 Dec 21 B63DLB5 17.6 0.08 Far East Ho (P Chip) 5.95 HKD 4,315 53.1 13,648 -8.0 -14.0 -32.7 2,035 12.6
0.00 11.8 2.7 8.2 2.0 22.1 Dec 21 BK4XY46 1.3 0.01 Lakala Payment (A) ( 16.22 CNH 800 7 1,034 -8.7 -44.1 -39.4 10,567 184.8
7.78 3.8 0.7 11.5 1.0 21.0 Dec 21 BNDK6G5 30.3 0.14 Lufax Holding Ltd AD 4.37 USD 2,286 30 23,530 -4.6 -22.4 -49.6 3,016 12.9
4.54 4.8 1.0 -ve 1.3 23.8 77,717 -1.9 -27.9 -34.4 - -
Investment Banking & Brokerage
4.50 6.7 0.8 0.7 1.6 12.3 Dec 21 BP3R4C2 0.8 0.01 AVIC Cap (A) (SC SH) 3.38 CNH 8,920 7 2,403 3.7 -14.9 -14.6 28,684 93.7
0.29 35.0 2.2 4.8 7.4 6.5 Dec 21 BL6D355 0.3 0.01 BOC International (C 12.51 CNH 2,778 2.5 990 -0.6 -7.0 -16.0 34,633 433.6
2.64 13.4 1.4 12.0 4.3 11.2 Dec 21 BFY9KS5 0.9 0.02 Caitong Securities ( 7.59 CNH 4,644 7 2,809 4.3 -28.5 -23.4 34,467 254.9
0.97 33.8 1.3 -ve 3.7 4.1 Dec 21 BYXS0X1 0.3 0.01 Central China Securi 3.91 CNH 3,448 7 1,074 0.5 -20.4 -19.9 31,027 120.7
3.54 6.9 0.3 -22.8 0.8 4.1 Dec 21 BNB33V0 0.4 0.01 Central China Securi 1.22 HKD 1,195 94 1,371 2.5 -12.9 -15.9 1,569 1.9
5.27 12.7 1.1 4.5 2.7 8.5 Dec 21 BD5CP40 0.8 0.02 Changjiang Securitie 5.69 CNH 5,530 7 2,508 4.8 -24.5 -23.9 18,760 103.0
9.99 3.0 0.2 0.8 0.5 7.4 Dec 21 BGY6SV2 3.0 0.06 China Cinda Asset Ma 1.08 HKD 38,165 22.9 9,459 0.0 -23.9 -21.7 26,041 28.0
10.09 3.8 0.2 -2.6 3.9 5.6 Dec 21 6455143 1.5 0.03 China Everbright RC 5.75 HKD 1,685 49.5 4,802 -3.5 -38.3 -41.1 1,308 7.6
8.45 3.6 0.5 -1.1 0.8 13.1 Dec 21 B92NYF2 5.0 0.10 China Galaxy Securit 4.30 HKD 3,691 100 15,871 10.8 -4.0 -1.6 8,697 35.5
3.13 9.5 1.2 -2.9 2.2 13.1 Dec 21 BYWPH65 0.6 0.01 China Galaxy Securit 9.90 CNH 6,446 2.5 1,856 13.9 -11.5 -3.8 20,440 187.3
1.61 16.0 1.5 11.1 3.2 9.5 Dec 21 BKDQ811 0.6 0.01 China Great Wall Sec 9.29 CNH 3,103 5.4 1,790 3.5 -28.3 -13.5 34,904 319.0
0.72 10.9 1.5 9.2 2.8 14.8 Dec 21 BMYPCF3 1.0 0.02 China International 41.70 CNH 2,924 2.2 3,089 -1.7 -15.0 -22.8 6,510 276.0
2.46 2.1 0.3 1.7 0.5 14.8 Dec 21 BZ169C6 6.5 0.12 China International 13.86 HKD 1,904 77.6 20,478 -3.9 -35.5 -23.3 5,859 82.9
16.18 5.1 0.6 -0.8 1.5 11.5 Dec 21 BDCFSQ5 1.0 0.02 China Merchants Secu 7.20 HKD 1,275 35.7 3,276 -1.0 -39.7 -38.8 582 4.2
4.08 10.6 1.2 -1.6 3.1 11.5 Dec 21 BP3R303 2.5 0.05 China Merchants Secu 13.25 CNH 7,422 7 7,838 -4.7 -24.9 -27.0 14,281 192.4
6.09 4.8 0.7 -2.0 1.2 15.8 Dec 21 BDFF8H3 2.1 0.04 China Se (H) 7.39 HKD 1,261 71.5 6,669 0.7 -13.4 -13.3 1,971 14.4
1.48 20.2 3.0 -8.5 5.1 15.8 Dec 21 BDZRFN4 3.4 0.07 China Securities (A 26.64 CNH 6,496 5.4 10,808 2.5 -8.9 -4.8 - -
0.37 76.1 6.3 -6.1 18.8 8.4 Dec 21 BNR4M54 0.4 0.01 ChinaLin Securities 14.56 CNH 2,700 2.5 1,119 -4.6 6.6 14.8 13,050 190.2
2.77 12.6 1.5 -9.3 3.0 12.2 Dec 21 BP3R2J5 6.0 0.11 Citic Securities (A) 19.52 CNH 12,201 7 18,981 -0.4 -21.6 -19.4 63,275 1,240.7
3.85 8.4 1.0 -6.2 2.0 12.2 Dec 21 B6SPB49 11.4 0.22 CITIC Securities (H) 15.96 HKD 2,620 85.6 35,815 -1.0 -19.8 -17.2 4,068 65.5
3.13 15.9 1.0 4.2 3.8 7.0 Dec 21 BYQDMD7 0.7 0.01 Dongxing Securities 8.31 CNH 3,232 7 2,141 1.2 -28.5 -25.2 15,697 130.3
1.42 21.5 1.4 27.8 4.1 6.6 Dec 21 BZ0D1Y4 1.6 0.03 Everbright Securitie 16.04 CNH 3,907 7 4,994 5.8 7.4 0.9 105,913 1,654.4

5–32
August 2022 FTSE Russell

China - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% HKD (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Investment Banking & Brokerage
5.11 6.4 0.4 8.3 1.2 6.6 Dec 21 BDCSC73 0.4 0.01 Everbright Securitie 5.23 HKD 704 37 1,364 4.8 -13.3 -15.6 3,744 19.4
0.65 32.2 1.8 18.0 6.3 5.7 Dec 21 BD73MV7 0.7 0.01 First Capital Securi 6.16 CNH 4,202 7 2,063 1.0 -15.8 -3.8 60,205 374.5
0.58 30.1 1.4 4.3 4.7 4.7 Dec 21 BP3R411 1.5 0.03 Founder Securities ( 6.95 CNH 8,232 7 4,560 5.8 -11.4 -18.5 33,162 226.4
3.04 11.4 1.2 -3.2 3.3 10.7 Dec 21 BD5CQ36 2.5 0.05 GF Securities (A) (S 16.44 CNH 5,919 7 7,756 3.3 -33.1 -13.4 52,689 846.4
5.64 6.3 0.7 -1.8 1.8 10.7 Dec 21 BW4NKK8 3.6 0.07 GF Securities (H) 10.28 HKD 1,702 63.9 11,181 -1.0 -30.8 -25.7 3,144 32.0
0.07 -ve 3.9 -5.3 7.3 -3.6 Dec 21 BD5CL53 0.3 0.01 Guangdong Golden Dra 14.46 CNH 896 7 1,033 -3.0 -8.2 -7.1 6,338 93.2
2.29 13.0 1.3 -4.5 2.4 10.3 Dec 21 BD5C8L8 0.4 0.01 Guangzhou Yuexiu Fin 6.47 CNH 5,017 3 1,109 1.1 0.4 5.0 20,059 128.8
0.90 26.6 1.5 -2.4 6.2 6.9 Dec 21 BMCZBW5 0.6 0.01 Guolian Securities ( 11.10 CNH 2,389 6.1 1,855 4.2 -20.5 -16.9 39,709 441.9
5.41 9.6 1.2 -2.3 3.4 12.6 Dec 21 BD5CPR3 1.2 0.02 Guosen Securities (A 9.25 CNH 9,612 3.7 3,796 0.5 -19.4 -24.2 9,723 89.1
0.00 +ve 1.4 5.4 6.0 0.9 Dec 21 BD73MH3 0.4 0.01 Guosheng (A) (SC SZ) 8.38 CNH 1,935 7 1,292 0.8 -12.7 -11.1 20,752 174.1
4.60 8.7 0.9 -2.8 2.7 11.2 Dec 21 BYQDMZ9 2.8 0.05 Guotai Junan Securit 14.79 CNH 7,515 7 8,858 2.4 -17.3 -16.7 19,228 279.3
8.56 5.6 0.6 -1.8 1.7 11.2 Dec 21 BD4GT29 2.2 0.04 Guotai Junan Securit 9.33 HKD 1,392 54.2 7,044 0.0 -22.9 -14.2 - -
3.83 16.4 1.0 -21.8 4.0 6.2 Dec 21 BD5CNY6 0.8 0.02 Guoyuan Securities ( 7.32 CNH 4,364 7 2,546 13.3 -4.9 -7.0 199,907 1,546.0
12.68 4.0 0.3 -31.3 0.9 8.2 Dec 21 B71SXC4 5.6 0.11 Haitong Securities ( 5.15 HKD 3,410 100 17,559 -1.9 -25.5 -28.4 4,327 22.7
3.16 10.0 0.8 -78.2 2.4 8.2 Dec 21 BP3R2S4 2.3 0.04 Haitong Securities ( 9.48 CNH 9,655 7 7,295 1.5 -22.7 -25.4 26,369 248.9
3.42 8.6 0.9 -1.8 2.5 10.3 Dec 21 BP3R3B4 2.5 0.05 Huatai Securities (A 13.14 CNH 7,358 7 7,705 -0.9 -26.0 -19.8 34,618 451.8
5.00 6.1 0.6 -1.3 1.7 10.3 Dec 21 BWVFT00 5.3 0.10 Huatai Securities (H 10.52 HKD 1,719 92.6 16,752 1.7 -19.0 -5.7 1,220 12.7
1.25 12.6 0.9 5.5 2.8 7.6 Dec 21 BHQPRV7 0.4 0.01 Huaxi Securities (A) 8.02 CNH 2,625 5 1,198 7.9 -18.6 -17.3 48,320 392.7
2.23 11.0 1.3 3.8 2.3 12.4 Dec 21 BP3R5B8 1.4 0.03 Industrial Securitie 6.21 CNH 8,706 7 4,309 0.2 -34.5 -34.9 60,116 382.6

Country Details
1.17 31.5 1.9 -7.8 8.6 6.2 Dec 21 BG1VK81 0.8 0.02 Nanjing Securities ( 8.52 CNH 3,686 7 2,503 6.8 -14.0 -18.8 66,119 574.1
1.39 10.1 0.9 3.9 2.0 9.6 Dec 21 BD5CMQ1 0.4 0.01 Northeast Securities 7.19 CNH 2,341 7 1,341 3.8 -18.1 -15.8 26,610 194.4
2.89 16.4 1.5 -4.8 4.4 9.2 Dec 21 BZ0D003 1.9 0.04 Orient Securities (A 8.66 CNH 8,497 7 5,864 0.1 -40.2 -41.1 57,434 503.1
8.11 4.2 0.4 -1.2 1.1 9.2 Dec 21 BD31M48 0.9 0.02 Orient Securities (H 3.61 HKD 1,027 79.6 2,954 -4.0 -45.8 -52.8 3,068 11.5
0.98 23.6 1.0 18.4 3.1 4.4 Dec 21 BD5CMY9 0.5 0.01 Sealand Securities ( 3.57 CNH 5,445 7 1,549 2.9 -13.1 -13.8 30,466 108.0
0.94 17.3 1.0 -8.1 6.9 6.1 Dec 21 BD5CF84 0.3 0.01 Shaanxi Internationa 3.20 CNH 3,964 6.7 975 1.6 -0.9 -2.1 23,274 72.9
3.77 8.1 0.8 6.3 2.2 9.7 Dec 21 BP3R8T7 0.2 0.00 Shanghai AJ (A) (SC 5.83 CNH 1,622 7 754 -0.5 -13.8 -17.3 7,642 44.0
2.06 24.5 1.2 -10.6 3.8 5.0 Dec 21 BD5CNC4 0.5 0.01 Shanxi Securities (A 5.82 CNH 3,590 7 1,665 6.8 -11.8 -11.1 31,444 179.7
2.39 11.0 1.1 -1.2 2.2 10.3 Dec 21 BD5CPV7 2.4 0.05 Shenwan Hongyuan Gro 4.18 CNH 22,536 7 7,508 1.2 -18.4 -11.1 48,803 202.0
7.83 3.5 0.3 -0.4 0.7 10.3 Dec 21 BK6NTS3 0.8 0.02 Shenwan Hongyuan Gro 1.50 HKD 2,504 69.7 2,621 2.0 -21.1 -20.6 3,663 5.5
0.81 11.1 1.1 -7.2 3.1 10.1 Dec 21 BP3R4V1 0.7 0.01 Sinolink Securities 8.64 CNH 3,024 7 2,083 1.8 -23.7 -21.4 23,462 200.7
2.45 14.0 0.9 4.0 3.0 7.5 Dec 21 BP3R6Z9 0.9 0.02 Soochow Securities ( 6.86 CNH 5,008 7 2,738 3.9 -22.6 -24.2 31,327 210.8
2.04 24.4 1.0 -46.9 5.6 4.2 Dec 21 BP3R4S8 0.7 0.01 Southwest Securities 3.93 CNH 6,645 7 2,081 2.9 -25.7 -23.4 - -
1.65 20.0 1.1 -2.0 3.8 5.5 Dec 21 BD5CP73 0.7 0.01 Western Securities ( 6.48 CNH 4,470 7 2,308 1.9 -19.7 -20.5 18,485 117.9
0.00 4.5 0.3 1.7 3.3 7.3 Dec 21 BNZKT97 1.7 0.03 Yangzijiang Financia 0.38 SGD 3,951 64.5 5,381 -5.1 - - - -
1.19 18.8 1.8 26.1 2.4 10.4 Dec 21 BFB4KN8 0.4 0.01 Zheshang Securities 10.93 CNH 3,878 2.5 1,207 2.1 -17.1 -11.9 46,379 502.3
0.85 15.8 1.4 33.8 3.0 9.5 Dec 21 BMXTWL2 0.5 0.01 Zhongtai Securities 7.41 CNH 6,969 2.5 1,470 1.6 -25.7 -24.6 17,820 130.5
4.56 7.1 0.7 -4.1 1.8 10.6 314,424 -0.3 -26.3 -23.1 - -
Life Insurance
6.75 5.5 0.7 0.6 0.3 12.3 Dec 21 6718976 17.2 0.51 China Life Insurance 11.28 HKD 7,441 100 83,936 -3.4 -12.7 -13.4 18,367 208.8
6.83 4.8 0.6 0.7 0.3 13.8 Dec 21 B2Q5H56 8.8 0.26 China Pacific Insura 16.66 HKD 2,775 92.9 42,995 -0.6 -21.2 -23.9 8,287 134.3
4.77 7.5 1.0 1.2 0.5 13.8 Dec 21 BP3R2K6 2.3 0.07 China Pacific Insura 20.97 CNH 6,845 7 11,440 3.9 -22.7 -20.3 20,026 399.7
5.72 3.8 0.3 0.2 0.1 8.9 Dec 21 6264048 2.4 0.07 China Taiping 8.04 HKD 3,594 40.3 11,662 -2.8 -24.9 -29.2 2,143 17.1

5–33
0.14 33.9 0.8 4.2 0.4 2.4 Dec 21 BD5CFF1 0.2 0.01 Hubei Biocause Pharm 3.56 CNH 4,941 5.1 1,039 6.3 7.6 0.8 50,089 176.8
5.00 5.9 0.9 0.8 0.4 15.9 Dec 21 BP3R3F8 1.0 0.03 New China Life Insur 28.81 CNH 2,085 7 4,789 -0.7 -25.9 -29.1 6,560 184.6
9.12 3.3 0.5 0.5 0.2 15.9 Dec 21 B5730Z1 3.6 0.11 New China Life Insur 18.50 HKD 1,034 91.8 17,581 -1.2 -11.3 -19.2 1,928 35.3
5.43 7.7 0.9 3.1 0.6 12.7 Dec 21 BP3R284 7.8 0.23 Ping An Insurance (G 43.84 CNH 10,833 7 37,850 4.1 -13.0 -12.1 46,942 1,965.5
6.17 7.1 0.9 2.9 0.6 12.7 Dec 21 B01FLR7 56.7 1.67 Ping An Insurance (H 46.35 HKD 7,448 80 276,322 0.3 -17.5 -23.3 25,175 1,129.6
6.31 6.2 0.8 1.2 0.4 12.9 487,615 -0.4 -17.8 -21.5 - -
Non-life Insurance
8.83 20.8 1.5 7.5 0.8 7.5 Dec 21 BYYN347 3.9 0.02 China Reinsurance (G 0.58 HKD 42,480 15.7 3,873 -6.5 -22.7 -28.4 6,160 3.6
7.68 4.1 0.4 0.8 0.2 11.4 Dec 21 B8RZJZ1 20.3 0.12 People's Insurance C 2.43 HKD 8,726 93.9 19,930 3.4 3.0 1.3 17,169 40.1
5.45 7.2 0.9 4.3 0.4 13.2 Dec 21 6706250 58.2 0.35 PICC Property & Casu 8.50 HKD 22,243 30.2 57,192 5.5 33.4 20.9 23,166 182.3
0.00 66.9 5.3 65.3 4.0 8.2 Dec 21 BYZQ099 17.6 0.10 ZhongAn Online P & C 23.15 HKD 1,470 50.7 17,278 16.0 -14.6 -38.9 2,198 46.2
5.08 7.4 0.9 2.6 0.3 11.5 98,273 6.2 15.2 3.3 - -
Real Estate Investment & Services
39.86 1.3 0.2 3.5 0.1 13.5 Dec 21 B0PR2F4 0.7 0.02 Agile Group Holdings 2.76 HKD 3,917 35.6 3,858 7.4 -34.8 -69.1 5,342 13.6
5.75 3.9 0.8 3.6 0.7 26.7 Dec 21 BFWK4M2 1.0 0.03 A-Living Services (H 8.12 HKD 1,420 47.9 5,532 -15.3 -38.9 -73.6 13,775 105.9
2.29 23.2 0.4 1.5 0.2 1.8 Dec 21 BP3R938 0.2 0.01 Beijing Capital Deve 4.37 CNH 2,580 7 898 -2.0 -22.8 -15.8 - -
0.24 34.6 4.8 -ve 2.2 14.7 Dec 21 BD5CKD4 0.5 0.02 China Baoan Group (A 14.76 CNH 2,579 7 3,034 3.7 2.3 -47.3 132,488 2,082.9
15.66 3.9 0.4 -54.6 0.2 9.7 Dec 21 B23TGR6 1.8 0.06 China Jinmao Holding 1.66 HKD 12,690 50.4 10,633 -8.8 -30.4 -33.7 - -

5–33
FTSE All-World Review August 2022

China - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% HKD (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Real Estate Investment & Services
0.58 35.2 2.1 25.8 1.7 6.1 Dec 21 BD5LS04 0.3 0.01 China Me (A) (SC SZ) 17.10 CNH 1,060 7 1,445 4.5 -15.6 39.0 4,954 83.1
3.69 12.9 1.4 4.5 0.8 10.9 Dec 21 BD5CPM8 1.5 0.05 China Merchants Shek 14.62 CNH 7,923 6.5 8,573 6.7 9.6 46.8 31,546 438.0
5.71 4.8 0.6 12.1 0.8 12.2 Dec 21 6192150 14.1 0.49 China Overseas Land 21.20 HKD 10,945 35 81,211 -2.1 14.8 18.4 22,741 463.0
5.25 5.9 0.9 83.1 0.9 15.6 Dec 21 6193766 15.4 0.54 China Resources Land 32.25 HKD 7,131 38.6 88,770 -1.5 -1.7 11.4 10,114 314.1
0.95 39.1 4.8 26.1 7.6 13.1 Dec 21 BMXWXT6 3.6 0.13 China Resources Mixc 35.70 HKD 2,283 25.3 20,695 7.2 -1.8 -12.6 2,104 71.6
5.87 8.6 0.8 14.4 0.4 9.8 Dec 21p BD5CPW8 2.2 0.08 China Vanke (A) (SC 16.63 CNH 9,724 7 12,889 -3.4 -15.8 -16.0 65,696 1,079.1
7.44 7.0 0.7 11.8 0.3 9.8 Dec 21p BN320P8 5.1 0.18 China Vanke (H) 15.36 HKD 1,901 100 29,202 2.8 -15.3 -26.9 8,289 119.4
4.01 14.5 1.7 8.5 4.2 12.5 Dec 21 BP3R950 0.1 0.01 China World Trade Ce 14.95 CNH 1,007 5 857 3.7 3.8 -17.0 2,029 29.3
8.86 2.1 0.4 9.0 0.1 19.6 Dec 21 B8Z00N3 1.4 0.05 CIFI Holdin (P Chip) 2.00 HKD 9,134 42.7 7,804 -6.1 -55.7 -60.1 103,145 225.9
15.20 1.8 0.2 3.0 0.1 14.5 Dec 21 B1VKYN6 3.2 0.11 Country Garden Holdi 2.33 HKD 23,148 33.9 18,315 -23.1 -66.3 -72.9 141,924 358.8
2.19 9.5 1.2 12.6 1.5 17.9 Dec 21 BDQZP48 4.9 0.17 Country Garden Servi 15.56 HKD 3,367 54.2 28,396 -11.0 -66.7 -73.7 35,485 535.9
0.55 9.7 0.4 4.2 0.7 4.6 Dec 21 BD5CMG1 0.2 0.01 Financial Street Hol 5.42 CNH 2,989 7 1,291 -5.4 -4.2 -16.5 16,243 89.2
5.40 5.6 0.8 5.6 0.5 15.6 Dec 21 BP3R3Q9 0.7 0.03 Gemdale (A) (SC SH) 11.66 CNH 4,515 7 4,195 -0.6 -10.1 11.7 57,284 625.5
0.00 79.0 0.8 -1.8 0.4 1.0 Dec 21 BD5CK56 0.2 0.01 Grandjoy Holdings Gr 3.55 CNH 4,286 6 1,055 -1.1 -4.8 4.4 10,327 36.0
0.74 -20.2 0.7 1.3 1.1 -3.2 Dec 21 BP3RBZ4 0.1 0.00 Greattown Holdings ( 3.36 CNH 2,277 7 610 2.4 -5.1 -5.4 11,965 40.0
3.61 10.0 0.9 -32.9 0.3 9.8 Dec 21 B17N9P6 2.2 0.08 Greentown China Hold 14.88 HKD 2,511 34.3 12,840 -4.0 18.5 24.6 6,384 95.2
53.78 -0.1 0.0 0.1 0.0 -20.5 Dec 21 B19H8Y8 0.4 0.02 Guangzhou R&F Prpt H 1.63 HKD 3,752 42.2 2,587 -11.9 -43.8 -75.5 6,659 10.8
2.44 9.5 1.4 34.4 0.8 15.6 Dec 21 BD5CHG6 0.4 0.01 Hangzhou Binjiang Re 9.28 CNH 3,111 6.5 2,137 -2.5 99.1 104.9 27,818 247.3
5.09 2.9 0.3 2.1 0.9 10.7 Dec 21 BMXJW56 1.4 0.05 Hopson Development H 10.80 HKD 2,612 27.8 7,866 4.0 -26.9 -56.9 1,751 17.9
5.82 5.9 1.0 0.5 0.3 18.0 Dec 21 BP3RG37 0.2 0.01 Huafa Industrial Sha 7.90 CNH 2,117 7 1,333 1.7 31.2 21.0 34,624 273.7
0.00 0.4 0.0 0.2 0.0 15.0 Dec 21 BD39D16 0.0 0.00 Jiayuan Internationa 0.22 HKD 4,910 16 170 -20.0 -91.8 -93.0 289,090 65.8
18.00 4.1 0.4 0.9 0.1 9.4 Dec 21 BD5CKX4 0.2 0.01 Jinke Properties Gro 2.50 CNH 5,340 7 1,064 -4.6 -44.2 -47.9 112,327 279.8
8.74 4.4 0.6 9.5 0.8 14.3 Dec 21 BKPJ9S2 0.5 0.02 Jinke Smart Services 8.74 HKD 653 47.6 2,720 -43.7 -74.3 -82.5 10,413 104.1
0.00 41.1 62.6 44.8 3.4 +ve Dec 20 BNHN637 0.1 0.00 Jinmao Property Serv 4.04 HKD 904 16.4 601 -0.5 - - 601 2.4
0.00 -ve 2.0 38.5 1.7 -0.0 Dec 21 BMBX7M2 14.8 0.52 KE Hldgs (N Shares) 18.04 USD 1,191 50.5 85,328 27.9 -10.3 -0.3 4,590 76.5
72.16 1.6 0.1 -0.8 0.2 5.5 Dec 21 B1YBF00 0.3 0.01 KWG Group H (P Chip) 1.42 HKD 3,184 39.4 1,784 -10.7 -72.2 -82.7 9,670 14.5
7.85 5.7 1.1 6.2 0.6 20.6 Dec 21 B56KLY9 8.2 0.29 Longfor Gro (P Chip) 25.60 HKD 6,076 30.3 47,178 -2.3 -30.2 -24.0 15,420 370.4
0.00 -0.6 1.2 0.8 0.4 -ve Dec 21 BD5CP39 0.1 0.00 Oceanwide Real Estat 1.38 CNH 5,196 5 408 -2.1 -26.6 -31.3 30,342 42.4
3.35 7.5 1.2 19.6 0.8 16.3 Dec 21 BP3R336 2.9 0.10 Poly Dev (A) (SC SH) 17.30 CNH 11,970 7 16,505 3.8 10.7 51.9 71,073 1,140.9
0.78 24.7 3.1 13.6 2.0 13.2 Dec 21 BHR0FS4 1.1 0.04 Poly Property (H) 46.15 HKD 553 25 6,384 1.8 -24.7 -2.9 1,170 49.6
2.01 10.0 0.4 3.9 1.3 4.1 Dec 21 BG139S0 0.1 0.00 Red Star Macalline G 4.97 CNH 3,613 2.7 560 -3.3 -43.6 -50.9 19,446 97.9
4.11 4.4 0.2 1.7 0.6 4.1 Dec 21 BYNC0S8 0.3 0.01 Red Star Macalline G 2.82 HKD 741 80.4 1,683 -5.7 -24.4 -40.5 263 0.8
12.50 -2.5 0.3 0.7 0.3 -11.4 Dec 21 BD5CMZ0 0.2 0.01 Risesun Real Estate 2.80 CNH 4,348 6.5 901 0.0 -35.6 -41.1 38,149 106.2
0.00 1.7 0.4 0.9 0.1 22.3 Dec 21 BMWYQP0 0.9 0.03 Seazen Grou (P Chip) 2.62 HKD 6,506 31.9 5,448 -2.6 -50.3 -62.0 11,472 31.0
9.85 1.5 0.3 0.9 0.1 23.1 Dec 21 BZ3F6M0 0.7 0.02 Seazen H (A) (SC SH) 20.82 CNH 2,264 7 3,756 -0.5 -28.5 -38.1 19,428 391.5
9.51 5.4 1.0 6.2 1.9 20.2 Dec 21 6798666 1.2 0.04 Sh Lujiazui F & T B 0.83 USD 1,101 98.6 7,111 -5.1 -8.5 -7.2 921 0.8
4.20 8.2 1.1 12.4 3.4 14.1 Dec 21 BP3RCF1 0.1 0.00 Shanghai (A) (SC SH) 11.91 CNH 850 6.3 737 0.2 -6.7 -1.2 5,113 60.4
7.64 4.6 0.6 7.0 1.9 14.1 Dec 21 6800839 0.4 0.01 Shanghai (B) 0.98 USD 272 100 2,083 -0.6 7.6 7.4 358 0.4
2.37 21.8 2.2 +ve 5.9 10.3 Dec 21 BK947Q7 0.3 0.01 Shanghai Lingang Hol 12.65 CNH 2,394 5.2 1,797 3.8 -14.9 -17.9 3,928 48.9
5.38 9.3 1.8 10.8 3.3 20.2 Dec 21 BP3R530 0.2 0.01 Shanghai Lujiazui Fi 9.95 CNH 2,934 4.2 1,397 0.6 -8.4 -12.9 3,414 33.4
0.38 30.7 0.5 -7.8 3.2 1.8 Dec 21 6800798 0.2 0.01 Shanghai Shibei Hi-T 0.27 USD 466 100 1,002 -1.4 -4.9 -6.2 420 0.1
6.61 9.9 0.4 -0.6 0.5 3.7 Dec 21 BP3R8Y2 0.1 0.00 Shanghai Shimao (A) 2.57 CNH 3,751 5.9 655 -4.8 -21.6 -26.8 14,713 38.1
1.29 24.2 1.6 -42.0 8.6 6.8 Dec 21 BP3R927 0.2 0.01 Shanghai Zhangjiang 11.60 CNH 1,549 7 1,432 -0.3 -23.0 -32.7 8,740 107.0
10.42 -4.7 0.3 -2.0 0.4 -5.4 Dec 21 6535261 0.6 0.02 Shenzhen Investment 1.44 HKD 8,900 26.2 3,363 -2.7 -14.3 -37.7 2,172 3.1
0.00 3.4 0.5 3.5 0.5 16.4 Dec 21 BMF7054 0.3 0.01 Shimao Services Hold 2.02 HKD 2,468 32.3 1,611 -23.8 -62.7 -88.9 23,562 53.2
7.57 2.8 0.1 -1.8 0.1 5.1 Dec 21 B24CVP7 0.6 0.02 Sino-Ocean Group Hol 1.15 HKD 7,616 38.1 3,344 -9.4 -36.8 -28.1 4,001 4.8
5.93 4.5 0.7 -15.7 0.8 14.8 Dec 21 BLN9QR9 0.3 0.01 Sunac Services Holdi 2.38 HKD 3,078 22.3 1,637 -29.4 -70.1 -88.2 16,987 49.0
0.57 16.5 1.2 28.1 3.7 7.5 Dec 21 BD5CLP3 0.1 0.01 Suning Universal (A) 3.49 CNH 3,035 7 844 -3.6 -25.9 -31.8 17,332 59.3
0.67 -20.7 2.0 +ve 1.8 -9.3 Dec 21 BFY8G73 0.4 0.01 Tianjin Guangyu Deve 14.88 CNH 1,863 7 2,209 14.5 -38.3 217.9 52,856 726.5
17.70 -1.2 0.5 1.0 0.2 -31.9 Dec 21 BD5CKQ7 0.1 0.00 Yango Gr (A) (SC SZ) 2.15 CNH 4,140 7 709 -6.1 -28.8 -51.6 269,851 605.4
6.60 3.7 0.3 4.3 0.3 8.1 Dec 21 B17KMY7 0.7 0.02 Yanlord Land Group 1.03 SGD 1,947 33.8 3,814 0.0 -7.2 -13.4 658 0.7
6.65 6.9 0.5 -5.9 0.4 8.1 Dec 21 BNR5PB4 2.1 0.07 Yuexiu Property (Red 9.84 HKD 3,097 40.1 12,247 0.4 43.2 35.0 3,744 36.1
5.65 6.9 0.7 9.8 0.5 10.1 576,508 -0.1 -30.6 -41.5 - -
Automobiles and Parts
0.35 28.9 4.5 -89.3 5.7 16.6 Dec 21 BNR4NW8 0.0 0.00 Autel Intelligent Te 28.69 CNH 451 2.5 371 -21.4 -63.9 -65.6 12,007 425.3
0.90 31.4 3.1 6.8 2.9 10.2 Dec 21 BD5CJ82 0.3 0.02 AVIC Electromechanic 11.10 CNH 3,885 7 3,437 -6.1 -38.9 -20.7 37,851 446.1
8.39 2.1 0.3 1.1 0.1 13.4 Dec 21 BTF8BT7 0.5 0.03 BAIC Motor (H) 2.17 HKD 8,015 28 4,876 2.8 -35.2 -23.6 15,979 34.9
0.04 +ve 8.3 12.4 3.7 7.7 Dec 21 BD5CQ69 4.2 0.25 BYD (A) (SC SZ) 287.98 CNH 1,813 7 41,616 -10.1 7.4 4.0 16,141 5,097.7

5–34
August 2022 FTSE Russell

China - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% HKD (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Automobiles and Parts
0.05 +ve 7.3 11.0 3.3 7.7 Dec 21 6536651 20.1 1.21 BYD H 242.20 HKD 1,098 75.4 200,542 -15.2 -9.2 -8.0 6,737 1,825.2
2.01 15.1 1.5 16.8 1.1 10.8 Dec 21 BP3R9W7 0.1 0.01 Camel Group (A) (SC 10.95 CNH 1,173 7 1,024 -5.9 -28.6 -25.9 37,582 450.9
0.78 41.2 5.1 77.1 5.1 14.1 Dec 21 BS7K3D2 0.3 0.02 Changzhou Xingyu Aut 140.28 CNH 286 6.3 2,891 -20.1 -31.3 -27.5 2,150 345.1
1.23 31.5 2.6 6.3 1.4 8.5 Dec 21 BD5CP62 1.0 0.06 Chongqing Changan Au 14.52 CNH 8,280 7 9,582 -20.8 24.3 -8.5 271,886 4,731.0
4.82 7.6 0.6 1.5 0.3 8.5 Dec 21 6159478 0.6 0.04 Chongqing Chg Auto B 4.23 HKD 1,642 93 6,459 -15.2 26.1 4.7 12,490 59.8
0.05 70.0 13.3 26.2 8.6 21.6 Dec 21 BHQPSY7 9.0 0.54 Contemporary Amperex 483.00 CNH 2,331 7 89,727 -5.0 -17.9 -2.4 13,907 7,209.4
6.84 3.0 0.3 1.9 0.3 8.9 Dec 21 B0PH5N3 1.4 0.09 Dongfeng Motor Group 4.99 HKD 8,616 33.1 14,248 -7.9 -23.0 -37.6 5,956 30.4
7.97 9.4 1.4 2.5 0.4 16.0 Dec 21 BD5CLN1 0.1 0.01 FAW Car (A) (SC SZ) 8.16 CNH 4,654 3.4 1,489 -6.3 -20.7 -27.0 13,755 118.9
1.32 14.7 2.0 8.0 1.3 14.3 Dec 21 6531827 8.6 0.52 Geely Automobile Hol 15.90 HKD 10,021 53.8 85,848 2.6 -25.4 -43.4 64,209 1,095.6
1.11 39.6 5.0 8.8 2.3 13.2 Dec 21 BP3R325 0.7 0.04 Great Wall Motor (A) 33.46 CNH 6,136 3.1 7,315 -2.9 -31.1 -49.4 38,040 1,271.1
3.77 12.1 1.5 2.7 0.7 13.2 Dec 21 6718255 3.7 0.22 Great Wall Motor Com 11.88 HKD 3,100 100 36,823 -4.0 -55.7 -66.8 50,523 605.9
3.80 5.9 0.7 12.9 0.8 11.9 Dec 21 B433995 2.1 0.13 Guangzhou Automobile 6.78 HKD 3,099 100 21,009 -7.8 -11.8 -13.4 15,324 109.9
1.22 14.2 1.6 31.3 1.9 11.9 Dec 21 BP3R477 0.4 0.02 Guangzhou Automobile 13.91 CNH 7,365 3 3,589 -6.6 -8.4 -24.7 41,952 622.1
4.55 8.4 1.2 6.7 0.4 13.8 Dec 21 BP3R4T9 0.5 0.03 Huayu Automotive Sys 18.67 CNH 3,153 7 4,691 -14.9 -34.0 -19.5 15,301 310.3
0.29 93.4 15.9 +ve 8.9 18.2 Dec 21 BFY8GX9 0.6 0.04 Huizhou Desay SV Aut 153.00 CNH 555 6.2 6,046 -21.5 8.1 73.6 5,583 937.8
1.80 17.4 1.5 7.2 0.4 7.5 Dec 21 BD5M272 0.1 0.00 Jiangling Motors (A) 14.78 CNH 519 7 612 -19.7 -9.4 -24.4 10,568 178.5
0.90 56.5 5.5 53.0 8.0 10.0 Dec 21 BK71FZ5 0.1 0.00 Keboda Technology (A 55.81 CNH 400 2.5 637 -21.7 -30.5 -5.3 1,319 80.4
0.00 +ve 4.8 -ve 45.6 3.5 Dec 21 BD5CBF3 0.3 0.02 Kuang-Chi Technologi 18.18 CNH 2,155 7 3,122 1.2 -24.3 -20.4 23,107 407.8
0.00 -ve 4.5 22.6 7.0 -0.9 Dec 21 BMXHCD8 11.7 0.71 Li Auto ADS (N Share 28.77 USD 1,019 50.7 116,792 -12.4 -10.4 -6.8 3,344 105.8

Country Details
0.00 -7.7 1.9 11.6 0.5 -20.9 Dec 21 BYQDM82 0.2 0.01 Ningbo Joyson Electr 15.50 CNH 1,368 7 1,690 -28.1 -29.4 -22.8 45,879 866.5
0.35 83.6 8.2 73.4 7.6 11.3 Dec 21 BYQDMF9 0.6 0.04 Ningbo Tuopu Group ( 79.06 CNH 1,102 5.8 5,803 -14.0 49.2 120.5 8,293 688.9
0.00 -20.3 6.1 +ve 5.9 -34.1 Dec 21 BFZX9H8 20.6 1.25 NIO ADS (N Shares) 19.91 USD 1,671 79 206,310 0.9 -37.2 -49.4 11,705 234.8
4.41 6.8 0.7 8.4 0.2 9.9 Dec 21 BP3R2D9 1.2 0.07 SAIC Motor (A) (SC S 15.47 CNH 11,684 5.7 11,932 -4.4 -25.0 -19.9 24,674 396.5
1.32 26.0 3.2 41.7 1.9 14.0 Dec 21 BP3RFY1 0.3 0.02 Sailun (A) (SC SH) 11.38 CNH 3,064 7 2,779 -4.1 -23.1 14.5 26,288 325.9
0.70 41.2 2.1 68.9 1.8 5.0 Dec 21 BYW5N12 0.2 0.01 Shandong Linglong Ty 22.75 CNH 1,484 4.2 1,634 -20.8 -37.8 -24.0 13,614 352.7
9.47 3.2 0.5 1.7 0.2 15.3 Dec 21 6800817 0.1 0.01 Shanghai Huayi Group 0.67 USD 243 100 1,269 -2.2 -9.5 -13.5 331 0.2
0.18 47.5 5.7 78.0 5.8 12.9 Dec 21 BFCCQM2 0.2 0.01 Shenzhen Kedali Indu 112.09 CNH 233 7 2,081 -22.4 -30.1 -2.7 3,567 498.8
3.30 25.2 2.1 19.0 1.3 8.4 Dec 21 BD5CNG8 0.1 0.01 Wang Xiang Qianchao( 5.46 CNH 3,304 7 1,438 -17.0 -14.3 -7.8 27,470 165.9
12.14 5.1 0.7 21.2 1.0 13.9 Dec 21 6944953 0.2 0.01 Weifu High-Technolog 15.00 HKD 172 84 2,172 -0.5 -0.8 -3.6 215 3.2
8.69 7.1 1.0 29.6 1.4 13.9 Dec 21 BD5CJP9 0.1 0.01 Weifu High-Technolog 18.42 CNH 836 7 1,228 -5.6 -14.5 -20.5 5,153 97.2
2.55 15.5 4.2 12.3 2.8 34.7 Dec 21 BD5CMH2 0.2 0.01 Wuhu San (A) (SC SZ) 20.37 CNH 2,218 4.5 2,333 4.3 -24.6 19.5 32,032 636.0
0.00 -21.1 2.4 -93.3 4.9 -12.6 Dec 21 BMXR2T4 7.6 0.46 Xpeng ADS (N Shares) 18.52 USD 856 61.2 76,266 -24.2 -63.2 -56.4 4,628 99.6
1.86 26.7 8.1 9.9 1.4 34.5 Dec 21 BZ04KX9 1.5 0.09 Yadea Group Holdings 15.02 HKD 2,995 32.4 14,585 -11.1 -1.2 8.7 5,229 84.2
0.00 14.3 1.1 38.3 2.5 8.0 Dec 21 BD5CG58 0.3 0.02 Zhejiang Century hua 4.58 CNH 7,453 7 2,720 2.2 -45.4 -26.7 51,148 232.6
5.08 31.6 2.5 15.8 1.0 7.8 Dec 21 BD5CJN7 0.1 0.01 Zhejiang Wanfeng Aut 5.91 CNH 2,187 7 1,030 -12.8 7.7 10.5 36,937 242.9
0.00 -22.7 2.7 98.2 2.6 -10.4 Dec 21 BD5LXR6 0.1 0.01 Zhejiang Wanliyang ( 10.79 CNH 1,313 7 1,129 5.8 -26.8 13.7 42,310 436.9
0.74 94.6 3.1 13.2 2.1 7.3 999,142 -9.5 -29.8 -35.3 - -
Consumer Services
7.34 19.9 1.0 6.8 1.5 5.1 Dec 21 BJGSS62 0.5 0.01 China East Education 3.34 HKD 2,175 18.8 1,372 4.4 -31.6 -60.0 1,747 5.5
0.00 -4.1 1.3 -3.8 1.6 -27.6 May 22p BMCMBJ3 11.6 0.18 New Oriental Educati 28.40 USD 170 79.4 30,146 3.6 35.2 25.7 434 11.4
0.00 -12.0 15.0 -6.9 4.1 -76.1 Dec 21 BHQPRN9 0.3 0.00 Offcn Education Tech 4.58 CNH 6,167 2.5 808 -9.7 -41.7 -56.4 37,396 173.2
0.00 68.9 7.6 20.0 6.1 12.3 Dec 21 BYVW0F7 79.9 1.26 Pindu ADS (N Shares) 71.30 USD 1,253 29.5 207,583 45.5 22.3 -28.7 5,969 345.0

5–35
0.00 -5.9 1.7 -7.1 1.5 -24.3 Feb 22 B4MGD82 7.7 0.12 TAL Education Group 5.78 USD 645 68.4 20,030 17.5 47.1 8.6 2,388 12.8
0.04 -33.5 4.1 -ve 3.8 -13.4 259,939 36.0 2.6 -36.4 - -
Household Goods & Home Constr.
0.47 21.3 3.5 19.7 5.1 18.0 Dec 21 BNR4NT5 2.3 0.01 Beijing Roborock Tec 320.03 CNH 94 6.1 2,083 -1.9 -44.9 -50.8 896 302.2
1.35 23.2 9.4 26.7 3.6 50.0 Dec 21 BDFWW61 4.0 0.02 Ecovacs Robotics (A) 81.60 CNH 574 7 3,733 -11.8 -45.9 -44.4 3,990 355.4
1.04 19.4 2.6 18.7 1.1 13.5 Dec 21 BHRV3N8 1.4 0.01 Guangdong Xinbao Ele 19.16 CNH 827 7 1,262 -15.8 -22.4 -7.4 8,915 183.4
1.78 17.4 3.0 10.4 1.1 19.3 Dec 21 BP3R3G9 14.1 0.08 Haier Sm (A) (SC SH) 25.87 CNH 6,309 7 13,007 4.4 -13.4 -4.4 25,864 622.6
2.09 15.8 2.8 9.5 1.0 19.3 Dec 21 BLD4QD0 64.6 0.36 Haier Sm (H) 25.80 HKD 2,867 80.6 59,663 2.8 -21.7 -11.9 6,844 164.7
1.99 17.7 2.8 17.5 2.4 16.1 Dec 21 BD5CGX6 2.1 0.01 Hangzhou Robam Appli 25.15 CNH 949 7 1,902 -11.1 -30.2 -29.6 8,741 228.8
2.10 23.4 5.0 19.5 2.2 23.1 Dec 21 BYW5R09 3.4 0.02 Jason Furniture Hang 48.40 CNH 822 7 3,170 4.9 -18.5 -8.6 4,554 205.3
6.37 16.0 2.8 -ve 1.1 17.6 Dec 21 BD5CCS3 1.0 0.01 Joyoung (A) (SC SZ) 15.70 CNH 767 7 960 -10.6 -32.3 -25.4 4,753 76.2
2.99 37.7 5.9 40.2 2.4 15.2 Dec 21 BYQDMK4 0.8 0.00 Kingclean Electric ( 33.40 CNH 575 3.2 710 8.0 13.9 16.5 4,233 143.5
1.34 29.2 5.5 19.6 3.9 20.7 Dec 21 BFF1YZ5 2.7 0.02 Oppein Home Group (A 130.50 CNH 609 2.7 2,489 8.4 -11.5 -15.5 1,980 235.8
2.90 14.2 2.2 18.9 1.5 16.6 Dec 21 BYW5N56 0.4 0.00 Opple Lighting (A) ( 17.26 CNH 754 2.7 408 3.8 -16.9 -24.8 1,569 26.0
2.65 9.1 1.1 3.4 0.9 11.7 Dec 21 BD5M0V2 0.5 0.00 Shenzhen New Nanshan 3.77 CNH 2,708 3.9 460 2.7 20.8 21.2 37,395 144.6
3.24 +ve 3.0 11.9 1.6 2.9 Dec 21 BD5CFM8 0.8 0.00 Suofeiya Home Collec 18.49 CNH 912 3.8 732 3.9 -16.7 -0.2 14,533 250.2

5–35
FTSE All-World Review August 2022

China - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% HKD (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Household Goods & Home Constr.
4.21 18.9 4.9 18.1 1.7 26.5 Dec 21 BD5M227 1.9 0.01 Zhejiang Supor Cookw 45.85 CNH 809 4 1,709 -2.3 -26.3 -6.0 1,745 78.3
2.05 17.0 3.0 10.7 1.1 19.3 92,288 0.8 -24.6 -16.0 - -
Leisure Goods
0.00 -20.6 2.4 -ve 3.0 -11.9 Dec 21 BD5CNK2 0.2 0.00 Alpha Group (A) (SC 5.34 CNH 1,479 7 629 13.6 -15.6 0.2 67,831 342.0
1.30 25.4 4.1 55.6 2.0 17.2 Dec 21 BNR4MR6 0.2 0.00 Anker Innovations Te 61.46 CNH 406 2.1 622 -16.5 -40.0 -41.4 3,593 242.1
0.45 10.9 1.7 15.0 3.6 16.1 Dec 21 BD5CN13 0.5 0.01 Beijing Kunlun Tech 14.67 CNH 1,198 7 1,400 2.3 -36.6 -12.8 15,223 224.1
5.61 13.9 4.5 8.5 4.4 35.1 Dec 21 BYZQW37 0.5 0.01 G-bits Network Techn 285.35 CNH 72 6.2 1,448 -19.6 -32.4 -22.2 755 231.1
0.62 22.8 4.1 12.9 1.4 20.8 Dec 21 BD5CNT1 3.2 0.05 GoerTek (A) (SC SZ) 32.48 CNH 3,416 7 8,844 2.1 -40.0 -30.2 85,450 2,963.9
0.00 2.0 3.9 -3.4 0.7 +ve Dec 21 BYWT1W1 3.3 0.05 iQIYI ADS (N Shares) 3.66 USD 867 35.9 8,965 -4.2 -19.7 -59.6 3,094 11.7
0.50 68.3 1.2 11.7 4.5 1.7 Dec 21 B27WRM3 7.5 0.13 Kingsoft Corp (P Chi 24.00 HKD 1,370 63 20,717 -8.6 -29.9 -23.0 3,836 93.6
1.45 21.2 4.2 16.3 4.6 21.5 Dec 21 BM93SF4 77.5 1.29 NetEase (P Chip) 141.80 HKD 3,455 43.5 213,540 -2.0 -10.0 0.1 5,028 701.3
0.00 -7.6 2.2 61.2 6.3 -24.9 Dec 21 BD5CMR2 0.3 0.00 Ourpalm (A) (SC SZ) 3.34 CNH 2,758 7 734 3.7 -31.3 -5.6 28,367 92.0
0.85 26.2 3.4 30.4 5.3 14.0 Dec 21 BN6PP37 5.3 0.09 Pop Mart Internation 20.45 HKD 1,401 50.9 14,586 13.6 -54.3 -65.2 8,334 155.6
1.35 49.9 10.6 43.5 8.0 22.0 Dec 21 BYV1VP1 0.4 0.01 Shanghai Flyco Elect 74.00 CNH 436 2.7 1,009 -6.3 70.4 80.9 1,241 100.7
0.00 38.9 1.4 8.1 0.8 3.7 Dec 21 BD5CFV7 0.5 0.01 Shenzhen Mtc (A) (SC 3.75 CNH 4,527 7 1,353 -3.8 -22.8 -31.7 32,632 130.0
0.50 48.1 4.8 +ve 2.0 10.4 Dec 21 BD5M261 0.4 0.01 Skyworth Digital (A) 20.01 CNH 1,063 4.2 1,030 9.0 103.1 160.2 34,419 761.2
4.91 14.5 2.9 15.7 2.3 21.3 Dec 21 BDC41P2 0.2 0.00 Xiamen Intretech (A) 20.35 CNH 783 2.5 457 1.2 -40.2 -36.3 9,737 215.6
0.00 20.8 1.6 24.7 2.5 7.8 Dec 21 BD5CKG7 0.1 0.00 Youzu Interactive (A 8.82 CNH 916 4 368 -2.5 -42.1 -27.5 10,544 95.0
1.28 17.3 3.4 19.7 3.6 20.8 275,703 -2.0 -18.1 -19.9 - -
Personal Goods
1.35 28.8 7.9 19.3 4.6 30.2 Dec 21 B1YVKN8 28.9 0.65 Anta Sports Products 94.90 HKD 2,714 41.7 107,564 9.9 -18.6 -40.5 7,104 643.3
4.07 20.1 3.5 15.2 2.6 18.0 Mar 22 B24FZ32 3.1 0.07 Bosideng (Red Chip) 4.42 HKD 10,886 24.3 11,709 -3.5 -10.0 -30.5 12,942 58.6
3.48 25.3 6.5 29.1 4.0 33.5 Dec 21 BP91MX5 0.4 0.01 Huali Industrial Gro 60.40 CNH 1,167 1.6 1,324 2.4 -32.2 - 2,123 125.1
7.13 5.8 1.2 5.5 0.2 21.9 Dec 21 6196077 1.3 0.03 Lao Feng Xiang 3.04 USD 206 100 4,911 -7.1 -10.9 -13.7 287 0.9
3.90 10.4 2.1 9.8 0.3 21.9 Dec 21 BP3RCP1 0.3 0.01 Lao Feng Xiang (A) ( 37.20 CNH 317 7 940 -2.4 -18.9 -20.0 1,033 38.2
0.73 40.8 7.8 24.5 7.3 27.2 Dec 21 B01JCK9 43.9 0.99 Li Ning (P Chip) 72.00 HKD 2,617 86.7 163,419 13.2 -15.6 -31.1 10,065 687.0
5.66 12.2 2.2 12.2 1.5 17.4 Dec 21 BD5M0F6 0.2 0.00 Luolai Lifestyle Tec 10.60 CNH 838 7 708 -2.8 -26.0 -7.9 1,962 21.0
1.66 24.8 2.4 31.2 3.0 9.0 Dec 21 BD5LSJ3 0.3 0.01 NanJi E-Commerce (A) 4.83 CNH 2,455 7 945 -3.4 -30.0 -38.8 24,307 117.9
1.33 15.5 2.8 -ve 2.6 22.0 Dec 21 BP3RF63 1.1 0.03 Ningbo Shan Shan (A) 24.84 CNH 2,143 7 4,242 -12.4 -24.2 - 31,993 909.0
0.38 75.8 15.9 54.3 9.7 22.8 Dec 21 BKM3FN4 0.3 0.01 Proya Cosmetics (A) 160.00 CNH 281 2.5 1,282 -9.2 7.5 42.5 1,423 239.5
1.98 32.1 3.9 28.6 4.6 12.3 Dec 21 B0MP1B0 16.7 0.38 Shenzhou Internation 82.35 HKD 1,503 50.2 62,220 -0.2 -45.1 -51.4 4,530 371.1
0.18 50.1 2.6 81.5 13.1 5.3 Dec 21 BD5CJS2 0.1 0.00 Visual C (A) (SC SZ) 12.27 CNH 701 5.4 536 -3.4 -48.7 -3.0 13,025 166.5
0.00 -3.4 0.9 -5.0 0.9 -23.9 Dec 21 BN10NY4 0.7 0.02 Yatsen Holding ADS ( 1.18 USD 674 43.9 2,748 -11.3 -45.1 -76.7 751 0.9
7.81 5.8 0.9 27.9 2.3 16.5 Dec 21 BP3R6R1 0.6 0.01 Youngor Group (A) (S 6.40 CNH 4,629 7 2,361 -1.8 -7.1 -0.9 11,353 71.9
0.76 29.9 3.0 16.6 1.5 11.3 Dec 21 BYW5QJ1 1.2 0.03 YTO Expr (A) (SC SH) 19.62 CNH 3,436 5.8 4,479 1.6 17.6 107.8 13,976 281.5
0.32 90.8 16.6 68.4 19.7 29.2 Dec 21 BP91N43 0.8 0.02 Yunnan Botanee Bio-T 186.20 CNH 424 3.1 2,808 -4.1 -3.2 - 1,525 284.8
14.42 9.2 1.2 6.7 0.9 13.2 Dec 21 BD5CM83 0.1 0.00 Zhejiang Semir Garme 5.20 CNH 2,694 2.6 416 -2.4 -32.7 -45.0 6,257 32.8
1.39 32.5 5.4 22.9 3.6 19.3 372,611 7.5 -23.4 -37.6 - -
Media
0.00 74.8 1.0 -37.5 3.8 1.3 Mar 22 BPYM749 37.6 0.05 Alibaba Pictures Gro 0.62 HKD 26,976 49.1 8,223 -7.5 -12.7 -25.3 18,789 11.6
2.16 -87.3 2.8 50.6 23.2 -3.4 Dec 21 BD5CN79 9.9 0.01 Beijing Enlight Medi 9.25 CNH 2,934 7 2,163 10.8 -28.0 -0.6 15,408 139.5
0.00 6.0 2.1 7.8 3.8 36.5 Dec 21 BD5CJT3 5.1 0.01 Beijing Jetsen Techn 5.46 CNH 2,575 7 1,121 0.2 -13.7 10.5 90,429 500.5
0.75 22.9 1.5 18.9 0.4 6.7 Dec 21 BD5CL86 5.2 0.01 BlueFocu (A) (SC SZ) 5.69 CNH 2,491 7 1,130 -4.2 -47.0 -2.1 54,547 325.1
6.53 11.5 1.2 -39.4 1.6 10.9 Dec 21 BP3R507 6.5 0.01 China South Publishi 9.95 CNH 1,796 7 1,424 11.7 4.0 14.4 7,105 66.7
7.28 6.0 0.8 7.0 1.2 13.3 Dec 21 BP3R1Q5 4.6 0.01 Chinese Universe Pub 9.34 CNH 1,355 7 1,009 0.3 -24.4 -9.8 9,317 86.2
0.47 7.5 3.1 92.6 3.4 50.1 Dec 21 BD5CDT1 19.0 0.03 Mango Excellent Medi 27.80 CNH 1,871 7 4,145 -11.4 -51.4 -39.3 11,145 333.3
8.11 62.5 2.8 26.2 3.4 4.4 Dec 21 BD5M1C0 6.4 0.01 Perfect World Pictur 14.80 CNH 1,940 4.2 1,389 -0.6 -27.1 10.3 61,864 935.9
5.24 8.9 1.1 5.5 1.3 13.1 Dec 21 BFYQHB8 2.3 0.00 Shandong Publishing 6.68 CNH 2,087 3.1 507 12.1 8.6 19.5 6,650 42.1
0.45 23.2 1.4 6.6 2.4 6.6 Dec 21 BD5CL64 3.4 0.00 Zhejiang Huace Film 4.89 CNH 1,901 7 741 5.6 -27.8 -12.8 24,864 117.3
1.76 17.1 1.4 50.0 2.2 8.4 21,851 -4.7 -25.7 -18.4 - -
Retailers
0.00 20.4 1.7 11.8 2.0 8.8 Mar 22 BK6YZP5 66.5 8.59 Alibaba Group Holdin 94.30 HKD 21,687 69.3 1,417,441 1.3 -20.7 -43.0 44,114 4,017.7
0.77 39.2 12.9 45.8 5.6 37.5 Dec 21 BP3R466 1.4 0.18 China International 195.50 CNH 1,953 7 30,422 -6.9 -10.9 -14.4 10,650 2,079.1
5.87 14.3 4.2 9.7 0.7 33.0 Dec 21 BH0VXF7 0.3 0.04 China MeiDong Auto H 16.08 HKD 1,270 34.9 7,145 -15.5 -60.0 -58.8 3,899 66.1
16.67 9.3 1.6 8.3 0.4 15.6 Dec 21 BP3RB76 0.0 0.00 Chongqing Department 22.73 CNH 407 7 736 1.8 -12.6 -8.1 1,701 38.2
3.90 11.4 1.4 4.8 2.1 12.2 Dec 21 BMVB4Y7 0.0 0.00 Easyhome New Retail 4.15 CNH 6,529 2.5 776 1.7 -19.6 -22.3 7,167 29.0
0.00 -1.7 0.3 -5.4 0.2 -32.7 Dec 21 B01Z8S7 0.1 0.02 GOME Retail Holdings 0.25 HKD 33,757 34.5 2,871 -15.2 -62.7 -70.7 - -
0.00 -ve 3.6 17.8 0.8 -1.2 Dec 21 BKPQZT6 27.4 3.53 JD.com (P Chip) 246.80 HKD 3,159 74.8 583,352 5.6 -7.8 -17.5 7,730 1,806.0
2.36 -9.6 2.0 14.0 1.5 -43.0 Jun 21 BLBLMG8 0.2 0.02 MINISO Group Holding 6.60 USD 306 23.7 3,765 15.3 -34.6 -50.0 217 1.4
4.36 7.7 0.9 -4.5 0.6 12.0 Dec 21 BP3R8V9 0.1 0.02 SH YY To (A) (SC SH) 8.02 CNH 3,890 7 2,487 -4.0 -22.1 -21.3 6,782 55.0

5–36
August 2022 FTSE Russell

China - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% HKD (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Retailers
2.92 10.3 0.5 2.5 0.3 5.1 Dec 21 6802835 0.1 0.01 Shanghai Bailian Gro 0.77 USD 180 100 1,086 -2.4 -12.5 -12.0 149 0.1
4.57 13.1 2.1 -3.7 0.1 16.6 Dec 21 BD5CF95 0.0 0.00 Shenzhen Aisidi (A) 9.85 CNH 1,239 3.5 490 13.5 -13.4 -5.9 13,797 135.1
2.22 -23.3 0.7 5.0 0.2 -2.9 Mar 22 B3MPN59 0.2 0.02 Sun Art Ret (P Chip) 2.03 HKD 9,540 20.5 3,986 -12.1 -35.1 -56.9 4,475 9.6
3.82 12.8 2.9 5.6 1.0 24.3 Feb 22 BJRFW26 0.5 0.07 Topsports (Red Chip) 6.21 HKD 6,201 28.6 11,049 -1.0 -17.9 -37.0 5,102 32.4
0.00 11.8 1.7 8.5 0.5 15.8 Dec 21 B3N0H17 1.8 0.23 Vipshop Holdings ADS 11.61 USD 656 62.5 37,395 26.7 38.2 -21.5 2,706 28.0
6.59 4.5 0.5 2.9 0.6 12.5 Dec 21 B1XCJB3 0.1 0.01 Xinhua Winshare Publ 5.53 HKD 442 78.5 1,919 1.8 -6.4 1.5 249 1.3
2.97 9.9 1.2 6.5 1.3 12.5 Dec 21 BD7XV43 0.0 0.00 Xinhua Winshare Publ 10.77 CNH 792 3.2 316 18.0 18.7 24.1 4,490 46.0
1.49 18.2 1.8 13.2 4.5 10.5 Dec 21 BP3R789 0.1 0.01 Zhejiang China Commo 4.89 CNH 5,491 7 2,140 -7.6 0.8 8.4 29,819 148.7
2.26 9.1 2.0 7.7 0.5 26.0 Dec 21 B633D97 1.1 0.15 Zhongsheng Group Hol 37.25 HKD 2,415 27.2 24,469 -16.9 -38.7 -42.7 4,276 173.8
0.11 28.6 2.0 12.9 1.3 7.2 2,131,846 2.2 -18.0 -38.6 - -
Travel and Leisure
0.00 -9.0 2.4 20.6 2.0 -24.0 Dec 21 BP3R4G6 1.7 0.03 Air China (A) (SC SH 10.31 CNH 9,962 4 4,678 6.8 12.9 42.4 34,027 336.9
0.00 -4.8 1.3 11.1 1.1 -24.0 Dec 21 B04KNF1 4.0 0.07 Air China H 6.31 HKD 4,563 37.3 10,759 2.4 16.0 20.9 7,284 45.7
0.12 +ve 2.2 10.4 3.9 1.2 Dec 21 BP3RKH9 0.7 0.01 BTG Hotels (Group) ( 21.46 CNH 1,121 7 1,918 2.6 -17.9 -6.8 12,002 245.4
0.00 -3.2 0.7 -75.0 0.6 -21.9 Dec 21 6171375 1.6 0.03 China Eastern Airlin 2.71 HKD 5,177 30 4,214 -5.2 -8.1 -9.1 3,060 8.5
0.00 -8.3 1.9 -ve 1.5 -21.9 Dec 21 BP3R5X0 1.6 0.03 China Eastern Airlin 4.91 CNH 13,698 5.6 4,351 0.2 -4.8 4.5 17,142 82.6
0.00 -4.5 0.8 6.6 0.5 -16.9 Dec 21 6013693 2.4 0.04 China S Air Co H 4.25 HKD 4,275 36 6,550 0.0 -9.0 -6.2 5,223 22.2
0.00 -10.1 1.7 14.7 1.2 -16.9 Dec 21 BP3R6G0 2.2 0.04 China Southern Airli 6.44 CNH 12,673 6.4 6,014 0.6 -5.4 11.8 30,915 195.0
0.00 -7.9 0.3 7.5 0.4 -3.5 Dec 21 6388700 0.7 0.01 Guangshen Railw Co H 1.23 HKD 1,431 100 1,760 -7.5 -7.5 -12.8 2,375 3.0

Country Details
0.00 -15.0 0.5 14.4 0.7 -3.5 Dec 21 BP3R6Y8 0.3 0.01 Guangshen Railway (A 2.06 CNH 5,652 7 928 -0.5 -8.0 -3.3 30,843 63.1
0.56 -ve 7.1 59.0 6.2 -3.5 Dec 21 BFMFKK7 23.8 0.39 H Wor ADS (N Shares) 37.63 USD 327 66.6 64,284 -1.9 0.8 -22.1 428 16.6
0.00 -20.8 10.7 23.8 2.1 -45.6 Dec 21 BGN9715 7.3 0.12 Haidilao Internation 18.60 HKD 5,574 19 19,708 18.8 5.7 -41.3 10,747 180.8
0.39 54.5 6.0 21.5 4.5 11.3 Dec 21 BLBFH65 3.6 0.06 Jiumaojiu Internatio 15.54 HKD 1,453 43.1 9,755 -9.0 13.4 -40.5 8,298 143.6
0.00 -66.3 3.1 19.8 2.6 -4.5 Dec 21 BYQDMP9 0.4 0.01 Juneyao Airlines (A) 15.70 CNH 1,966 3 1,054 5.5 -11.5 10.7 8,074 119.5
0.09 +ve 3.8 30.5 5.6 1.7 Dec 21 BP3RD03 1.6 0.03 Shanghai (A) (SC SH) 57.72 CNH 914 7 4,205 -6.7 -1.5 26.2 4,758 279.7
0.40 52.1 0.8 6.3 1.2 1.7 Dec 21 6808725 0.9 0.01 Shanghai (B) 1.98 USD 156 100 2,423 -2.8 1.0 10.9 237 0.5
1.87 10.5 0.6 2.3 0.5 5.4 Dec 21 BD5CP51 1.3 0.02 Shenzhen Overseas Ch 5.35 CNH 8,202 7 3,497 -4.3 -24.0 -20.6 35,915 194.4
0.39 90.7 4.3 44.2 28.0 4.9 Dec 21 BD5CMV6 1.0 0.02 Songchen (A) (SC SZ) 12.69 CNH 2,615 7 2,645 -0.9 -11.4 -17.0 20,921 263.3
0.00 24.3 1.9 16.1 3.9 8.4 Dec 21 BGM5R25 5.2 0.08 Tongcheng-E (P Chip) 16.18 HKD 2,218 39 13,997 7.9 12.0 -10.6 3,257 52.7
0.00 -ve 1.0 42.6 5.3 -0.2 Dec 21 BK1K3N2 39.7 0.65 Trip.com (N Shares) 25.72 USD 638 83.3 107,243 -0.2 4.5 -15.6 1,455 38.6
0.18 -37.2 1.5 24.7 2.6 -7.2 269,982 0.3 2.1 -14.6 - -
Beverages
2.15 22.7 3.2 10.1 4.6 17.6 Dec 21 6026691 2.4 0.09 Anhui Gujing Distill 120.05 HKD 120 100 14,406 0.1 8.2 26.4 72 8.7
0.86 58.5 8.3 26.1 11.8 17.6 Dec 21 BD5M1G4 1.4 0.05 Anhui Gujing Distill 255.15 CNH 409 7 8,309 19.6 4.6 20.4 2,421 604.4
2.97 17.4 3.7 38.6 6.9 22.5 Dec 21 BYQDNL2 0.2 0.01 Anhui Kouzi Distille 50.55 CNH 600 2.7 950 0.9 -28.7 2.1 5,070 259.1
1.68 30.9 7.2 28.2 10.7 25.0 Dec 21 BYV1VH3 0.2 0.01 Anhui Yingjia Distil 53.55 CNH 800 2.5 1,219 -1.8 -22.9 - 5,890 321.5
0.44 98.9 1.9 15.9 2.3 2.0 Dec 21 BD5CKK1 0.3 0.01 Beijing Yanjing Brew 9.15 CNH 2,819 7 2,055 10.4 8.0 37.2 27,553 239.2
1.14 31.7 5.9 28.2 4.4 20.4 Dec 21 6972459 14.6 0.52 China Resources Beer 54.85 HKD 3,244 48.4 86,285 1.2 -14.1 -14.3 7,180 400.1
1.79 44.7 30.8 15.2 4.3 +ve Dec 21 BP3RCZ1 0.7 0.03 Chongqing Brewery (A 111.70 CNH 484 7 4,309 -9.1 -26.2 -20.3 3,947 452.1
0.98 50.7 14.4 29.3 8.7 39.1 Dec 21 BP91NL0 0.3 0.01 Eastroc Beverage (Gr 152.29 CNH 400 2.5 1,734 -0.5 -16.3 - 523 81.4
1.57 26.4 1.8 28.0 4.0 7.0 Dec 21 BD5LZT2 0.2 0.01 Guangzhou Zhujiang B 7.64 CNH 2,213 5 980 -1.9 -16.0 -16.1 6,783 51.4
1.28 28.4 6.2 19.2 10.6 23.2 Dec 21 BTFRHZ2 0.8 0.03 Jiangsu King's Luck 46.20 CNH 1,255 6.7 4,454 5.6 -15.1 9.9 8,100 375.9

5–37
1.82 32.8 5.8 16.2 11.3 18.7 Dec 21 BD5CPF1 3.4 0.12 Jiangsu Yanghe Brewe 164.46 CNH 1,507 7 19,753 -0.4 -0.2 -1.8 4,879 825.3
0.87 53.9 13.8 31.0 16.2 28.2 Dec 21 BD73KS0 0.7 0.02 Jiugui Liquor (A) (S 149.26 CNH 325 7 3,865 1.2 -29.8 -28.7 4,513 670.8
1.13 46.0 12.8 37.7 24.8 30.0 Dec 21 BP3R2F1 32.7 1.17 Kweichow Moutai (A) 1,924.00 CNH 1,256 7 192,630 1.3 -6.1 23.5 2,165 4,110.0
1.39 43.0 12.3 44.8 18.7 31.4 Dec 21 BD5CMM7 4.7 0.17 Luzhou Laojiao (A) 234.20 CNH 1,472 7 27,469 5.4 -7.7 37.8 6,988 1,550.3
1.09 60.9 20.7 38.3 14.7 39.5 Dec 21 BMGWW30 13.9 0.50 Nongfu Spring (H) 46.85 HKD 11,247 15.5 81,743 -0.3 -8.9 - - -
0.61 67.1 23.5 46.8 21.3 42.6 Dec 21 BP3R820 4.8 0.17 Shanxi Xinghuacun Fe 293.00 CNH 1,220 7 28,492 6.9 -7.2 5.6 6,060 1,671.2
1.03 29.3 13.5 21.9 8.8 51.0 Dec 21 BFB4JK8 0.5 0.02 Sichuan Swellfun (A) 72.98 CNH 488 7 2,841 2.2 -39.2 -37.3 4,703 332.6
1.64 27.4 3.9 15.0 3.2 15.2 Dec 21 6905808 7.9 0.28 Tsingtao Brewery H 76.50 HKD 655 93 46,652 -0.2 4.8 20.1 3,444 264.7
1.02 44.9 6.5 24.6 5.2 15.2 Dec 21 BP3R499 1.0 0.04 Tsingtao Brewing (A 108.00 CNH 709 7 6,105 9.6 9.1 25.1 5,598 591.1
1.81 27.7 6.6 24.2 11.1 25.3 Dec 21 BD5CPG2 8.8 0.31 Wuliangye Yibin (A) 167.19 CNH 3,882 7 51,723 -6.3 -24.9 -17.1 16,185 2,789.5
4.19 14.6 0.7 6.7 2.0 5.0 Dec 21 6043645 0.4 0.02 Yantai Changyu Pione 12.58 HKD 232 90 2,627 2.9 -9.4 -8.2 319 4.0
1.47 40.2 2.0 18.6 5.5 5.0 Dec 21 BD5CGS1 0.2 0.01 Yantai Changyu Pione 30.52 CNH 454 5.9 938 11.1 -4.2 -1.6 2,932 87.9
1.27 38.7 7.9 27.4 8.8 19.6 589,540 -0.4 -12.3 4.2 - -
Food Producers
1.03 30.5 5.9 30.7 3.8 20.8 Dec 21 BP3RH12 1.0 0.02 Angel Yeast (A) (SC 48.56 CNH 833 7 3,223 9.3 -19.5 21.2 6,675 316.2
0.00 -97.3 3.3 31.2 1.1 -3.4 Dec 21 BD5CMP0 0.9 0.02 Beijing Dabeinong Te 8.65 CNH 4,141 7 2,855 19.3 -17.5 16.1 97,897 788.5
0.10 +ve 2.3 -50.8 1.3 1.6 Dec 21 BD5C9L5 0.5 0.01 Beijing Shunxin Agri 23.90 CNH 742 7 1,413 1.9 -37.4 -26.8 10,438 245.8
1.41 25.8 2.0 7.6 0.5 8.6 Dec 21 BP3R5J6 0.4 0.01 Bright Dairy & Food 11.33 CNH 1,379 7 1,245 -6.2 -22.0 -9.6 15,567 186.4

5–37
FTSE All-World Review August 2022

China - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% HKD (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Food Producers
3.75 17.1 3.0 17.4 4.3 21.3 Dec 21 BD5CKV2 0.8 0.02 By-h (A) (SC SZ) 18.65 CNH 1,700 7 2,527 0.9 -30.8 -25.8 10,824 192.8
7.00 7.0 2.3 7.0 2.1 35.5 Dec 21 BK0SBL1 8.4 0.16 China Feihe (P Chip) 6.51 HKD 8,905 44.2 25,652 -5.7 -37.8 -53.8 13,995 93.9
1.26 22.8 3.1 13.0 1.3 14.6 Dec 21 B01B1L9 35.7 0.66 China Men (Red Chip) 35.65 HKD 3,953 77.8 109,735 -2.1 -19.3 -23.7 11,355 391.7
2.14 35.9 3.8 36.2 10.7 14.2 Dec 21 BFCCQ99 0.7 0.01 Chongqing Fuling Zha 30.43 CNH 888 7 2,153 2.1 -19.5 18.5 13,305 417.1
4.54 10.9 2.1 12.6 1.8 20.3 Dec 21 BYQ9796 2.4 0.04 Dali Foods Group (P 3.59 HKD 13,694 15 7,374 -4.0 -12.0 -17.7 3,079 11.1
0.86 55.9 16.0 59.0 14.9 30.7 Dec 21 BTFRHX0 8.5 0.16 Foshan Haitian Flavo 80.56 CNH 4,634 6.1 26,225 -2.6 -15.7 -6.7 4,789 381.6
0.45 65.1 9.0 84.5 4.9 16.3 Dec 21 BMXWM11 1.2 0.02 Fujian Anjoy Foods ( 155.12 CNH 293 7 3,626 5.5 -9.2 -0.7 2,037 305.6
1.34 60.3 2.8 15.1 1.9 4.7 Dec 21 BD5CHS8 0.7 0.01 Fujian Sunner Develo 22.32 CNH 1,244 7 2,213 12.8 -7.7 26.2 9,890 205.3
0.25 60.5 7.0 32.3 1.2 11.8 Dec 21 BD5CJ60 2.6 0.05 Guangdong Haid Group 61.00 CNH 1,661 7 8,076 -7.1 -16.8 -5.1 5,939 364.9
1.86 40.0 1.6 -58.6 4.1 4.4 Dec 21 BKP87H4 0.3 0.01 Harbin High-Tech Gro 7.15 CNH 2,855 3.8 895 1.9 -29.3 -26.2 12,398 88.7
2.72 30.3 3.7 21.3 7.2 12.3 Dec 21 BFF5BX4 0.7 0.01 Heilongjiang Agricul 14.68 CNH 1,778 7 2,080 4.6 0.8 1.2 24,563 357.7
4.84 19.0 4.1 15.4 1.4 21.0 Dec 21 BD5CP84 2.2 0.04 Henan Shuanghui Inve 26.81 CNH 3,465 6.4 6,814 -0.1 -15.0 11.2 10,849 286.4
2.69 26.0 4.8 14.7 2.1 22.6 Dec 21 BP3R2V7 5.9 0.11 Inner Mongolia Yili 35.74 CNH 6,400 7 18,231 -0.3 -13.8 5.1 28,790 1,034.1
0.00 -1.0 10.8 -8.5 0.4 -ve Dec 21 BD5LZ81 0.5 0.01 Jiangxi Zhengbang Te 5.98 CNH 3,146 7 1,500 -1.5 -38.1 -30.1 50,395 293.8
1.22 28.9 5.0 26.4 4.4 18.6 Dec 21 BFF1YN3 0.3 0.01 Juewei Food (A) (SC 46.67 CNH 614 3 995 -10.8 -31.7 -25.9 4,609 226.7
0.42 45.1 6.0 19.1 4.0 13.9 Dec 21 BD5CJX7 8.1 0.15 Muyuan Foodstuff (A) 58.62 CNH 5,322 7 24,865 -1.6 9.9 38.5 28,419 1,644.6
0.00 -7.3 2.6 +ve 0.6 -29.4 Dec 21 BD5CNF7 1.8 0.03 New Hope Liuhe (A) ( 15.71 CNH 4,505 7 5,641 -1.2 3.3 43.6 44,288 681.9
0.17 79.7 6.2 52.2 17.3 8.0 Dec 21 BD5CCR2 0.5 0.01 Shandong Denghai See 21.66 CNH 880 7 1,519 6.7 -16.0 16.9 14,916 319.2
1.16 23.7 1.8 8.2 2.5 7.8 Dec 21 BD5CLC0 0.3 0.00 Shenzhen (A) (SC SZ) 6.04 CNH 1,697 7 817 0.5 -5.5 2.9 8,345 49.4
0.20 +ve 4.9 77.8 9.2 5.0 Dec 21 BK4XS33 0.2 0.00 Sichuan Teway Food G 24.80 CNH 754 2.5 532 -0.2 -7.5 17.1 5,908 146.8
1.01 21.0 3.9 14.8 0.9 19.1 Dec 21 BK71793 0.1 0.00 Three Squirrels (A) 21.69 CNH 401 2.5 253 1.3 -44.3 -37.7 3,111 63.6
3.05 24.3 3.8 18.5 3.0 15.8 Dec 21 BYYFJT0 0.2 0.00 Toly Bread (A) (SC S 14.05 CNH 1,333 2.5 533 0.1 -30.7 -27.7 5,934 82.9
1.72 28.7 6.3 31.2 3.7 24.4 Dec 21 BP3RCK6 6.2 0.11 Tongwei (A) (SC SH) 52.88 CNH 4,502 7 18,972 -1.7 17.6 -13.3 94,196 5,206.4
2.11 -11.3 4.8 +ve 2.3 -34.5 Dec 21 BD5CPT5 1.1 0.02 Wens Foo (A) (SC SZ) 23.72 CNH 6,352 2 3,431 -1.3 23.2 82.7 42,187 1,004.1
1.36 22.2 4.4 20.3 2.9 21.7 Dec 21 BD9GZX7 3.0 0.06 Yihai International 19.82 HKD 1,047 45 9,337 -14.0 -45.0 -52.8 2,229 47.5
0.17 57.8 2.9 +ve 1.1 5.0 Dec 21 BMQBTV4 2.3 0.04 Yihai Kerry Arawana 45.68 CNH 5,422 2.5 7,056 -0.3 -27.4 -32.4 8,827 408.1
0.00 92.2 3.7 15.0 5.9 4.0 Dec 21 BD5CK34 0.5 0.01 Yuan Longping High-t 15.60 CNH 1,317 7 1,637 4.7 -32.9 -25.0 25,244 393.3
2.60 16.0 3.2 11.9 4.7 21.2 Dec 21 BD5CH66 1.8 0.03 Zhejiang NHU (A) (SC 22.47 CNH 3,094 7 5,541 9.0 -13.4 -6.3 35,066 787.8
1.86 27.9 3.7 16.2 1.8 14.0 306,966 -3.0 -20.4 -21.1 - -
Tobacco
0.00 7.0 1.0 7.9 1.7 26.7 Dec 21 BMBKL76 24.6 0.05 RLX Technology ADS ( 1.43 USD 1,548 46.6 8,101 -11.7 -63.3 -72.2 1,437 2.2
2.77 13.2 3.6 18.2 5.1 33.3 Dec 21 BKWGSQ7 75.4 0.15 Smoore International 14.08 HKD 6,010 29.3 24,870 -22.6 -64.6 -66.2 11,421 183.1
2.09 10.9 2.2 13.8 3.4 30.5 32,972 -20.2 -64.2 -68.6 - -
Personal Care, Drug & Grocery St.
0.00 -ve 3.5 +ve 2.5 -1.8 Mar 22 BRXVS60 14.8 0.13 Alibaba Health Infor 4.55 HKD 13,518 34.9 21,524 -3.6 -31.0 -64.3 32,067 145.5
2.30 33.6 2.8 25.1 4.6 8.7 Dec 21 BKY5R76 3.5 0.03 Blue Moon Group Hold 6.00 HKD 5,861 14.6 5,149 -4.2 -18.9 -22.7 1,601 9.4
0.91 24.6 3.0 11.0 1.6 11.8 Dec 21 BFY8GH3 0.8 0.01 C&S Paper (A) (SC SZ 11.04 CNH 1,313 7 1,155 -1.3 -33.9 -39.8 8,055 88.2
4.27 4.6 0.4 3.9 0.1 9.7 Dec 21 6803225 0.6 0.01 China National Accor 17.00 HKD 55 100 933 -3.1 -15.8 -18.9 56 1.0
2.03 9.1 0.8 7.7 0.2 9.7 Dec 21 BD5CHT9 0.6 0.01 China National Accor 29.61 CNH 373 7 881 2.5 -19.9 -13.1 1,383 40.1
1.25 38.7 6.0 20.4 1.9 15.6 Dec 21 BFB4S78 0.6 0.01 Dashenlin Pharmaceut 33.38 CNH 949 2.5 902 3.6 -4.9 -12.0 3,726 118.0
0.17 60.8 10.1 96.8 10.7 18.4 Dec 21 BD5C7G6 9.9 0.09 EVE Energy (A) (SC S 94.99 CNH 1,899 7 14,375 0.7 -19.6 -6.9 29,345 3,044.3
5.48 10.9 1.9 7.1 1.7 17.2 Dec 21 6136233 17.9 0.16 Hengan Intl Group (P 37.60 HKD 1,162 59.5 26,030 -0.9 -6.4 -16.6 1,284 48.7
0.00 -ve 3.6 42.2 4.7 -2.7 Dec 21 BMW8R04 27.6 0.24 JD Health Internatio 54.65 HKD 3,195 22.9 40,100 -8.2 -11.1 -24.4 4,154 240.1
0.00 -25.6 3.3 4.8 0.4 -10.8 Dec 21 BK947N4 0.4 0.00 Jiajiayue Group (A) 11.32 CNH 608 7 549 -7.2 -32.0 -21.6 4,481 51.7
1.16 28.2 4.5 8.5 1.2 15.9 Dec 21 BYZW4H3 1.0 0.01 Laobaixing Pharmacy 33.30 CNH 583 6.2 1,382 0.3 -12.3 -15.1 3,348 112.2
1.35 26.8 6.6 26.4 2.3 26.9 Dec 21 BZ0D285 1.1 0.01 Shanghai M&G Station 44.38 CNH 928 3.5 1,641 -2.3 -31.2 -35.6 3,785 165.0
4.88 5.9 0.8 9.1 0.1 13.8 Dec 21 B3ZVDV0 15.1 0.13 Sinopharm Group (H) 17.48 HKD 3,121 40.1 21,890 -2.9 3.1 -12.5 3,256 56.8
0.26 49.3 3.6 28.7 1.3 9.6 Dec 21 BD5CCV6 2.6 0.02 Sunwoda Electronic ( 27.30 CNH 1,719 7 3,740 -4.9 -35.2 -30.6 42,081 1,284.9
1.28 23.9 2.8 34.3 3.7 11.8 Dec 21 BNR4MW1 0.6 0.01 Winner Medical (A) ( 70.05 CNH 427 2.5 875 0.1 -15.0 -10.5 1,249 90.2
0.56 42.1 5.1 17.9 2.5 14.3 Dec 21 BYYFJV2 2.1 0.02 Yifeng Pharmacy Chai 53.40 CNH 719 7 3,059 3.2 -3.1 3.0 2,339 119.7
1.13 17.0 2.4 8.9 1.1 15.1 Dec 21 BD5M1Z3 0.8 0.01 Yixintan (A) (SC SZ) 26.66 CNH 596 6.5 1,176 6.7 -30.8 -11.4 5,766 149.9
1.93 28.4 2.5 17.8 0.8 10.0 145,361 -4.0 -16.3 -33.9 - -
Construction and Materials
7.46 5.0 0.9 4.7 1.0 19.6 Dec 21 BP3R2Z1 4.5 0.06 Anhui Conch Cement ( 31.92 CNH 4,000 7 10,175 -1.8 -20.8 -20.1 17,750 566.2
9.03 4.1 0.8 3.9 0.8 19.6 Dec 21 6080396 15.7 0.21 Anhui Conch Cement H 30.00 HKD 1,300 91 35,491 -3.4 -23.0 -28.7 4,049 123.6
3.97 10.1 0.6 2.0 0.2 5.9 Dec 21 BP3R5N0 0.8 0.01 BBMG (A) (SC SH) 2.62 CNH 8,339 7 1,741 -0.4 -7.7 -3.3 21,667 56.2
11.17 3.6 0.2 0.7 0.1 5.9 Dec 21 B3NFC51 1.1 0.02 BBMG (H) 1.06 HKD 2,339 100 2,479 -2.8 -12.4 -24.3 3,115 3.3
2.49 12.4 2.3 11.6 2.1 20.1 Dec 21 BD5CJ26 1.6 0.02 Beijing New Building 26.29 CNH 1,690 7 3,540 -8.6 -26.6 -20.6 9,769 261.9
1.00 8.7 0.8 7.8 0.2 11.0 Dec 21 BP2DDJ1 2.6 0.04 China Energy Enginee 2.26 CNH 32,429 7 5,841 -1.3 -17.2 - 140,370 316.2

5–38
August 2022 FTSE Russell

China - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% HKD (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Construction and Materials
4.06 8.3 1.2 5.4 0.8 15.2 Dec 21 BCDBKF8 3.9 0.05 China Lesso Group Ho 9.36 HKD 3,102 29.9 8,688 -2.8 -16.4 -43.8 2,661 24.6
10.60 3.0 0.5 1.3 0.2 19.0 Dec 21 B0Y91C1 15.0 0.21 China National Build 7.44 HKD 8,435 54 33,901 -5.6 -22.2 -30.1 15,878 121.6
1.69 10.8 1.1 23.5 0.4 11.4 Dec 21 BP3R4J9 1.9 0.03 China National Chemi 8.62 CNH 6,110 7 4,197 -19.9 -28.2 -36.2 73,452 685.1
3.41 5.5 0.6 +ve 0.1 12.0 Dec 21 BP3R3D6 4.2 0.06 China Railway Group 5.75 CNH 20,534 7 9,410 -0.5 -0.7 2.1 71,790 402.8
5.10 3.4 0.4 86.7 0.1 12.0 Dec 21 B297KM7 8.1 0.11 China Railway Group 4.50 HKD 4,207 96 18,193 -3.8 9.2 20.6 12,828 56.8
10.72 4.2 0.6 5.0 0.8 15.6 Dec 21 B41XC98 4.7 0.06 China Resources Ceme 4.85 HKD 6,983 31.3 10,617 0.6 -17.7 -36.4 8,188 39.6
4.46 6.5 0.8 -17.5 0.6 13.3 Dec 21 B0BM5T8 7.1 0.10 China State Con (RC) 9.08 HKD 5,038 35.1 16,058 11.4 -6.3 44.1 6,162 52.7
4.86 4.2 0.6 15.0 0.1 16.4 Dec 21 BP3R2Q2 7.6 0.10 China State Construc 5.14 CNH 41,948 7 17,185 2.0 2.8 7.1 137,207 679.9
1.22 11.4 1.1 24.3 0.4 10.5 Dec 21 BD5LXV0 0.2 0.00 China We (A) (SC SZ) 7.77 CNH 1,262 4.1 458 -0.3 -3.2 -4.5 9,027 68.5
0.37 33.4 6.4 56.2 3.5 20.9 Dec 21 BD73MS4 0.8 0.01 Guangdong KinLong Ha 95.47 CNH 322 5.2 1,835 18.6 -47.4 -40.9 4,783 398.5
0.19 53.1 9.0 +ve 15.7 20.8 Dec 21 BFCCQ55 1.6 0.02 Guangdong Weihua (A) 53.18 CNH 865 7 3,668 -6.2 -8.2 -10.8 35,789 2,048.4
5.76 6.4 1.4 4.8 1.1 22.6 Dec 21 BP3RD36 0.8 0.01 Huaxin Cement (A) (S 17.36 CNH 1,362 7 1,884 -3.3 -10.1 -10.1 9,425 164.2
11.85 3.1 0.7 2.3 0.5 22.6 Dec 21 BLF99X4 1.3 0.02 Huaxin Cement (H) 9.61 HKD 735 42.7 3,018 -4.5 - - 340 3.4
20.98 -3.0 0.4 0.6 0.1 -12.8 Dec 21 BD5CGZ8 0.4 0.00 Jiangsu Zhongnan Con 2.65 CNH 3,827 7 808 -6.7 -36.0 -43.1 67,826 181.4
2.43 8.4 0.8 3.8 0.1 9.8 Dec 21 BP3R4K0 1.7 0.02 Metallurgical Corp o 3.21 CNH 17,853 5.9 3,869 -1.5 -16.2 -35.9 48,286 153.5
6.13 3.4 0.3 1.5 0.1 9.8 Dec 21 B42SRM0 1.9 0.03 Metallurgical Corp. 1.49 HKD 2,871 99.9 4,274 -9.1 -25.1 -51.9 6,604 10.2
1.29 10.2 1.2 7.6 0.3 12.2 Dec 21 BP3R4M2 2.9 0.04 Power Construction C 7.72 CNH 15,299 4.9 6,609 6.5 -4.5 24.3 110,844 825.1
5.35 6.9 0.8 2.3 0.1 11.9 Dec 21 BP3R6J3 0.7 0.01 Shanghai Constructio 2.71 CNH 8,904 5.3 1,470 -7.5 -24.7 -2.2 - -
4.09 6.9 0.7 5.6 0.3 10.6 Dec 21 BP3R7J0 0.6 0.01 Shanghai Tunnel Engi 5.62 CNH 3,144 7 1,408 2.9 4.5 4.7 20,016 110.2

Country Details
4.40 8.3 1.9 -49.8 0.6 24.5 Dec 21 BP3RBG5 1.8 0.02 Sichuan Road & Bridg 10.67 CNH 4,775 7 4,061 5.5 -11.4 41.5 16,711 171.6
10.14 18.9 1.4 11.2 0.7 7.6 Dec 21 B92NYC9 2.3 0.03 Sinopec Engineering 3.51 HKD 4,428 32.9 5,127 4.2 -8.8 -15.0 2,352 7.9
0.00 -2.7 1.2 16.5 0.5 -35.1 Dec 21 BD5CN91 0.5 0.01 Suzhou Gold Mantis C 5.02 CNH 2,671 7 1,069 2.0 -17.4 -29.3 11,722 57.5
8.24 8.5 0.8 3.9 0.7 12.3 Dec 21 BD5CFH3 0.9 0.01 Tangshan Jidong Ceme 9.10 CNH 2,658 7 1,928 -5.7 -23.9 -28.3 9,817 90.2
3.40 5.9 1.1 3.0 0.5 33.0 Dec 21 BD5LV72 0.7 0.01 Xin Jiang Tianshan C 9.70 CNH 8,663 1.7 1,627 -15.0 -36.6 -34.2 11,586 120.2
0.00 +ve 49.1 +ve 34.2 12.7 Dec 21 BD5CQT2 1.1 0.02 Youngy (A) (SC SZ) 119.99 CNH 260 7 2,483 -8.3 -7.8 -28.1 9,943 1,286.5
0.51 -7.6 0.9 27.1 0.5 -11.1 Dec 21 BD5CK45 0.2 0.00 Zhejiang Yasha Decor 4.94 CNH 1,340 7 528 0.8 -34.0 -27.5 30,896 163.3
7.06 7.1 2.3 6.0 2.1 37.8 Dec 21 BP3RFL8 0.8 0.01 Zhuzhou Kibing Group 11.33 CNH 2,686 5 1,760 -1.0 -33.7 -58.5 60,162 719.9
6.52 5.2 0.7 4.7 0.2 14.0 225,402 -2.8 -17.5 -20.5 - -
Aerospace and Defense
0.17 65.2 3.3 39.4 8.5 6.5 Dec 21 BD5CMK5 10.3 0.02 Aecc Aero Engine Con 26.79 CNH 1,315 7 2,808 -1.9 -11.5 3.0 14,860 431.5
0.29 88.6 3.3 7.3 3.6 3.8 Dec 21 BP3R518 35.8 0.06 AECC Aviation Power 45.97 CNH 2,666 7 9,766 -7.6 -27.6 -32.5 27,865 1,424.5
2.38 10.3 0.9 10.9 0.4 9.6 Dec 21 6707899 33.7 0.06 AviChina Industry & 3.83 HKD 7,711 31 9,185 -8.6 -28.9 -41.3 12,155 49.5
1.10 26.6 2.6 17.1 1.1 10.1 Dec 21 BP3R6T3 7.3 0.01 AVICOPTE (A) (SC SH) 42.16 CNH 590 7 1,981 -3.9 -47.5 -32.8 13,442 628.3
0.87 34.2 3.9 +ve 5.3 11.8 Dec 21 BTFRHD0 5.3 0.01 Glarun Technology (A 14.65 CNH 1,242 7 1,450 -8.9 -20.3 -0.9 9,454 150.5
0.16 82.9 4.7 27.1 5.7 5.9 Dec 21 BD5CDR9 7.6 0.01 North Industries Gro 30.57 CNH 1,393 4.2 2,060 -6.9 14.6 61.3 33,602 1,120.2
1.06 23.0 1.7 11.2 1.0 8.2 27,250 -8.4 -29.8 -33.4 - -
Electronic and Electrical Equipment
0.51 46.8 3.8 -28.9 2.6 8.4 Dec 21 BD5CG69 1.5 0.01 Beijing Zhongke Sanh 15.55 CNH 1,216 7 1,507 -26.9 6.2 35.0 47,171 856.6
0.15 +ve 38.1 +ve 25.8 23.5 Dec 21 BMQBTQ9 6.8 0.04 Ginlong Technologies 229.75 CNH 371 7 6,800 0.4 48.8 25.3 3,998 1,025.1
1.70 26.3 2.0 13.8 3.2 8.0 Dec 21 BD5CLH5 1.8 0.01 GRG Banking Equipmen 8.81 CNH 2,483 7 1,744 -4.1 -26.0 -17.3 16,827 153.7
0.29 +ve 3.0 54.1 5.5 1.2 Dec 21 BD5CJ71 4.6 0.03 Guoxuan High-tech (A 34.36 CNH 1,665 7 4,559 -12.1 -33.0 -36.1 33,929 1,342.8
0.27 +ve 23.2 +ve 14.4 18.4 Dec 21 BP91NV0 2.5 0.02 Jiangsu GoodWe Power 312.00 CNH 123 5.6 2,491 -9.0 -5.0 - 2,334 901.8

5–39
2.76 17.6 1.1 15.6 3.1 7.6 Dec 21 BP3RD70 1.3 0.01 Jiangsu Linyang Elec 7.98 CNH 2,060 7 1,310 -16.9 -34.2 -30.1 70,103 644.6
0.67 58.2 8.9 +ve 6.5 20.5 Dec 21 BKDQ8F5 0.8 0.00 JL Mag Rare-Earth (A 37.17 CNH 711 2.5 757 -19.8 -17.2 -6.0 11,273 467.1
0.07 +ve 4.7 31.4 1.6 3.8 Dec 21 BD57ZT0 1.4 0.01 LianChua (A) (SC SZ) 16.28 CNH 1,063 7 1,379 -7.7 -32.9 -2.8 47,999 864.7
0.00 -48.2 2.4 -14.9 3.2 -4.9 Dec 21 BD5C9X7 0.8 0.00 Montnets (A) (SC SZ) 12.66 CNH 802 7 809 -5.7 -26.4 -40.3 20,527 296.7
1.24 31.9 4.8 39.3 4.3 16.0 Dec 21 BP3R444 14.7 0.09 NARI Technology Deve 27.45 CNH 6,695 7 14,646 -5.9 -17.7 -5.9 22,854 651.8
0.23 +ve 33.3 +ve 21.1 33.1 Dec 21 BP91NG5 6.3 0.04 Ningbo Deye Technolo 367.95 CNH 239 6.2 6,256 10.1 88.1 - 2,159 830.3
0.49 41.2 10.1 84.1 6.2 30.3 Dec 21 BKM3FP6 3.9 0.02 Ningbo Orient Wires 71.67 CNH 688 7 3,928 -10.4 40.1 185.5 10,999 854.5
0.20 50.2 8.5 -ve 4.5 18.7 Dec 21 BK71FC2 3.7 0.02 Ningbo Ronbay New En 103.59 CNH 448 7 3,699 -25.2 -10.4 - 8,825 1,033.7
2.79 22.8 1.8 81.2 2.3 8.1 Dec 21 BP3RJG1 1.1 0.01 Ningbo Sanxing Elect 11.47 CNH 1,409 6 1,104 -8.2 -29.7 -17.3 13,087 158.2
0.84 17.8 2.2 26.3 1.6 13.4 Dec 21 BD5CH33 0.5 0.00 Qingdao Hanhe Cable 4.28 CNH 3,327 3.3 539 -5.3 -17.2 -3.8 33,038 146.0
2.34 12.1 2.3 8.1 1.5 21.3 Dec 21 BP3R4H7 7.5 0.05 Tbea (A) (SC SH) 24.78 CNH 3,790 7 7,485 -0.8 17.1 1.0 102,045 2,560.3
1.12 15.6 2.1 11.9 1.3 14.2 Dec 21 BP3RC62 1.4 0.01 Wolong E (A) (SC SH) 13.35 CNH 1,315 7 1,399 -9.2 -27.0 -11.9 41,479 634.0
0.90 47.8 11.6 44.1 14.2 26.4 Dec 21 BP3RDD6 3.2 0.02 Xiamen Faratronic (A 177.74 CNH 225 7 3,187 -14.9 -23.5 10.5 1,671 326.3
0.50 24.0 2.1 15.4 1.7 9.2 Dec 21 BD5CJB5 1.6 0.01 Xuji Ele (A) (SC SZ) 19.90 CNH 1,008 7 1,599 -10.1 -23.8 -0.5 45,949 1,031.5
1.26 19.8 2.1 9.6 1.7 11.1 Dec 21 BP3R5K7 3.3 0.02 Zhejiang Chint Elect 31.63 CNH 2,150 4.1 3,243 -13.8 -41.3 -49.8 25,052 880.5
1.83 12.9 1.9 25.6 1.3 15.8 Dec 21 BD5CNJ1 3.5 0.02 Zhejiang Dahua Techn 14.74 CNH 2,995 7 3,518 -0.5 -37.2 -36.0 23,566 350.5

5–39
FTSE All-World Review August 2022

China - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% HKD (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Electronic and Electrical Equipment
0.37 +ve 8.9 52.0 10.1 8.9 Dec 21 BK71FG6 1.7 0.01 Zhejiang HangKe Tech 62.08 CNH 403 5.9 1,692 -16.8 -42.3 -39.0 2,294 163.8
0.59 54.0 8.6 59.2 5.7 16.4 Dec 21 BD5CDC4 2.1 0.01 Zhejiang Sanhua Inte 25.64 CNH 3,591 2 2,097 -21.1 1.3 1.5 56,893 1,671.3
2.74 43.6 1.8 19.6 1.5 4.1 Dec 21 BD5CH44 0.8 0.01 Zhongshan Broad Ocea 6.20 CNH 2,366 4.9 832 -4.6 -29.5 -27.1 68,060 440.8
2.69 10.3 0.7 10.3 1.5 7.6 Dec 21 B1L3XL6 20.3 0.12 Zhuzhou CRRC Times E 38.10 HKD 547 97 20,236 13.1 -15.6 -18.7 3,522 131.2
0.73 40.6 2.7 40.7 5.8 7.6 Dec 21 BMYR710 2.8 0.02 Zhuzhou CRRC Times E 61.78 CNH 869 4.5 2,787 11.8 -24.7 - 7,638 476.7
1.31 26.6 2.6 24.7 3.0 9.7 99,606 -5.6 -20.0 -13.8 - -
General Industrials
8.25 4.5 0.7 1.5 0.2 16.3 Dec 21 B87RSJ4 3.7 0.03 China International 6.53 HKD 3,090 22.3 4,509 -14.1 -30.1 -42.5 550 3.9
5.67 6.4 1.0 2.1 0.3 16.3 Dec 21 BD5CPX9 1.2 0.01 China International 8.11 CNH 2,303 7 1,488 -7.6 -29.1 -33.6 18,306 197.5
7.47 3.2 0.3 1.8 0.3 10.2 Dec 21 6196152 32.7 0.24 CITIC (Red Chip) 8.11 HKD 29,090 16.8 39,800 -4.3 5.3 -16.2 13,400 111.5
3.07 12.4 1.7 5.1 1.4 14.7 Dec 21 BD5CD46 0.8 0.01 CSG Holding (A) (SC 6.52 CNH 1,961 7 1,019 -2.1 -34.3 -44.5 61,870 415.4
7.87 5.1 0.7 2.1 0.6 14.7 Dec 21 6196174 2.7 0.02 CSG Holding B 2.94 HKD 1,109 100 3,262 1.7 -11.7 -29.8 2,482 7.4
8.98 3.5 0.3 -5.7 0.3 9.2 Dec 21 B1Z7FX0 10.4 0.08 Fosun International 5.79 HKD 8,312 26.2 12,630 -6.5 -31.2 -41.2 4,169 24.5
2.56 30.7 3.7 18.2 4.2 13.3 Dec 21 BP3R6K4 5.1 0.04 Fuyao Glass Group In 39.06 CNH 2,003 7 6,236 -4.8 -17.1 -18.5 12,704 496.0
3.22 31.1 3.8 18.4 4.2 13.3 Dec 21 BWGCFG4 18.7 0.14 Fuyao Glass Industry 37.50 HKD 607 100 22,753 -1.7 -6.9 -21.7 2,988 110.3
0.87 36.6 7.2 22.6 5.4 17.7 Dec 21 BP3RB10 1.8 0.01 Jonjee Hi-Tech Indus 34.40 CNH 797 7 2,184 -0.9 -9.4 14.5 14,452 516.9
1.86 15.7 1.8 12.5 0.7 11.8 Dec 21 BP3R8H5 1.8 0.01 Kingfa Sci & Tech (A 10.75 CNH 2,574 7 2,205 6.6 -14.5 -33.7 61,456 675.9
2.94 12.6 1.6 10.1 0.9 13.7 Dec 21 BD5CKC3 0.8 0.01 Org Tech (A) (SC SZ) 4.63 CNH 2,573 7 950 -8.5 -33.9 -21.4 10,640 50.7
9.34 2.5 0.3 1.5 0.3 10.6 Dec 21 6810010 4.1 0.03 Shanghai Industrial 10.92 HKD 1,087 41.8 4,971 -1.6 -3.9 -9.8 355 3.9
3.57 14.0 1.8 16.8 2.8 13.5 Dec 21 BD5CH55 0.9 0.01 Shenzhen Jinjia Colo 9.81 CNH 1,471 7 1,150 5.9 -35.2 -6.7 34,255 323.9
0.75 26.4 3.0 23.6 1.9 11.7 Dec 21 BD6QWS4 1.2 0.01 ShenZhen YUTO Packag 29.59 CNH 931 4.8 1,516 8.5 -12.2 11.7 2,579 74.1
0.00 -88.6 18.1 72.4 3.1 -17.8 Dec 21 BYV1VL7 2.1 0.02 Skshu Paint (A) (SC 93.20 CNH 376 6.2 2,497 -12.1 -33.0 -36.0 2,460 229.9
0.16 63.0 12.5 +ve 21.6 22.1 Dec 21 BFCCR30 9.9 0.07 Yunnan E (A) (SC SZ) 193.00 CNH 892 6.1 12,029 -9.8 -22.9 -31.7 6,208 1,297.7
2.88 27.0 6.8 20.8 5.2 26.7 Dec 21 BD5LYB7 2.1 0.02 Zhejiang Weixing New 20.86 CNH 1,592 6.7 2,552 6.1 -14.2 5.6 8,416 167.6
5.29 5.7 0.6 3.9 0.5 11.2 121,752 -4.9 -14.6 -25.5 - -
Industrial Engineering
1.37 54.3 1.5 +ve 4.8 2.7 Dec 21 BDF57C1 3.2 0.03 360 Security (A) (SC 7.32 CNH 7,145 7 4,169 -0.9 -42.5 -38.5 36,455 272.3
0.12 +ve 2.4 55.3 1.9 0.8 Dec 21 BP3R4N3 6.8 0.05 China Cssc Holdings 25.04 CNH 4,472 7 8,926 7.1 1.0 4.8 62,047 1,566.0
2.59 11.2 0.8 14.3 0.4 8.0 Dec 21 BD5C904 0.7 0.01 Guangxi Liugong Mach 6.17 CNH 1,955 7 961 -4.0 -20.0 -27.2 6,778 41.9
8.29 8.9 1.7 8.2 1.7 19.9 Dec 21 B1L2RC2 8.4 0.07 Haitian Internationa 19.30 HKD 1,596 36 11,089 2.4 -10.9 -35.2 1,101 20.2
0.00 20.2 2.5 +ve 2.4 13.5 Dec 21 BD5CG70 1.6 0.01 Hangzhou Great Star 22.85 CNH 1,143 6.8 2,039 17.8 -25.1 -31.7 42,802 1,027.9
1.69 28.7 4.8 27.6 2.9 17.7 Dec 21 BFY8GG2 1.3 0.01 Hangzhou Hangyang (A 35.42 CNH 984 4.4 1,756 -8.4 18.0 -0.5 7,177 278.0
1.66 31.1 5.3 38.5 7.3 18.2 Dec 21 BD5CF39 0.9 0.01 Harbin Boshi Automat 15.05 CNH 1,023 6.7 1,183 18.5 15.4 14.1 14,062 213.9
2.55 41.5 8.5 36.8 11.7 21.4 Dec 21 BD5CHY4 1.2 0.01 Hefei Meiya Optoelec 24.14 CNH 882 6.2 1,513 10.9 -16.2 -27.0 4,561 110.9
1.49 23.6 6.9 22.9 6.9 32.8 Dec 21 BP3RFJ6 3.5 0.03 Jiangsu Hengli Hydra 48.94 CNH 1,305 6.2 4,546 -6.2 -40.2 -48.5 5,641 290.3
0.00 93.8 19.4 94.8 12.7 22.9 Dec 21 BD5CC72 2.3 0.02 Jiangxi Special Elec 22.19 CNH 1,706 7 3,018 -9.3 6.9 - 72,629 1,782.7
0.99 33.4 5.0 26.7 3.5 16.1 Dec 21 BP3R8B9 2.1 0.02 Keda Industrial (A) 18.20 CNH 1,888 7 2,739 -9.5 -26.7 - 48,525 950.0
0.00 -13.5 1.1 -27.1 0.7 -8.1 Dec 21 BD5CHL1 0.8 0.01 Leo Group (A) (SC SZ 2.00 CNH 6,755 7 1,077 3.1 -18.7 -17.0 71,610 138.0
0.21 46.6 7.0 -70.4 9.7 20.9 Dec 21 BNR4ML0 1.3 0.01 Luoyang Xinqianglian 73.06 CNH 330 6.2 1,714 -24.3 -30.4 -21.2 5,031 439.1
2.86 10.9 2.1 11.2 1.3 20.5 Dec 21 BP3R3H0 8.1 0.06 Sany Heavy Industry 15.75 CNH 8,493 7 10,661 -7.6 -30.9 -40.0 55,680 901.9
3.00 18.8 3.1 +ve 3.3 17.3 Dec 21 BD5CFQ2 1.2 0.01 Shandong Himile Mech 25.04 CNH 800 7 1,597 12.9 -9.8 -5.1 6,072 153.5
4.58 -2.5 0.4 -2.3 0.2 -15.5 Dec 21 B07J656 4.0 0.03 Shanghai Electric Gr 1.88 HKD 2,925 95 5,223 -4.1 -21.0 -14.9 2,445 4.6
1.69 -7.0 1.2 -6.4 0.5 -15.5 Dec 21 BP3R3T2 2.3 0.02 Shanghai Electric Gr 4.24 CNH 12,655 5 3,090 -4.7 -12.8 -13.3 37,407 163.3
3.93 9.4 0.6 10.7 0.3 6.8 Dec 21 6797436 1.4 0.01 Shanghai Mechanical 1.09 USD 216 100 1,857 -7.0 -19.8 -13.1 448 0.5
2.81 18.8 0.7 4.6 0.4 3.6 Dec 21 6018256 1.6 0.01 Shanghai Zhenhua Hea 0.27 USD 1,946 52.9 2,150 0.0 -6.7 0.4 1,545 0.4
0.50 43.3 10.0 89.5 8.8 27.6 Dec 21 BD5CMN8 9.6 0.08 Shenzhen Inovance Te 59.97 CNH 2,636 7 12,601 -9.3 -12.6 -15.6 11,934 753.6
2.61 9.2 1.7 18.0 1.2 19.0 Dec 21 BMQBT81 0.9 0.01 Shimge Pump Industry 7.66 CNH 4,652 2.7 1,124 5.1 -6.0 -33.5 120,781 1,024.2
0.00 -30.5 3.6 +ve 4.6 -11.1 Dec 21 BD5CNQ8 0.9 0.01 Siasun Robot&Automat 9.77 CNH 1,550 7 1,207 -9.5 -12.5 -10.1 56,252 638.9
2.34 11.9 1.7 10.1 0.6 15.7 Dec 21 BP3RBX2 1.4 0.01 Sinoma International 9.84 CNH 2,266 7 1,777 -0.1 -13.9 -25.9 15,760 157.2
3.52 12.5 1.1 5.0 0.9 9.1 Dec 21 BP3R8L9 1.0 0.01 Tiandi Science & Tec 5.11 CNH 4,139 5.6 1,362 1.6 16.7 -6.1 36,566 182.0
3.18 9.0 1.4 6.9 0.5 18.5 Dec 21 BD5CQ03 4.8 0.04 Weichai Power (A) (S 11.63 CNH 6,784 7 6,288 -2.8 -35.0 -42.1 34,281 401.3
4.17 7.1 1.1 5.5 0.4 18.5 Dec 21 6743956 15.5 0.12 Weichai Power (H) 10.52 HKD 1,943 100 20,441 -6.4 -31.1 -46.4 3,739 40.3
1.92 7.1 1.1 5.1 0.5 16.8 Dec 21 BD5CM27 2.5 0.02 XCMG Construction Ma 5.21 CNH 7,834 7 3,253 -6.8 -13.0 -20.1 21,040 111.1
0.69 30.7 5.2 70.2 5.4 18.0 Dec 21 BK947P6 0.9 0.01 Yantai Eddie Precisi 17.30 CNH 842 7 1,160 -9.6 -45.8 -54.5 3,260 62.9
0.87 22.3 3.3 53.1 4.0 18.3 Dec 21 BYZW440 0.9 0.01 Zhejiang Dingli Mach 39.22 CNH 506 5.5 1,244 -8.3 -51.1 -44.2 5,242 218.2
0.00 59.4 3.8 42.7 5.4 6.5 Dec 21 BD5CH77 1.1 0.01 Zhejiang Kaishan Com 18.84 CNH 994 7 1,492 23.0 18.6 22.6 9,066 160.6
3.12 11.5 1.7 10.5 0.9 15.7 Dec 21 BP3RCS4 1.3 0.01 Zhengzhou Coal Minin 13.94 CNH 1,536 7 1,707 -16.9 20.3 6.6 20,832 320.6
5.55 7.7 0.9 27.3 0.7 12.5 Dec 21 BD5CPZ1 2.5 0.02 Zoomlion Heavy Indus 5.77 CNH 7,096 7 3,263 -6.0 -19.5 -26.8 23,026 138.4

5–40
August 2022 FTSE Russell

China - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% HKD (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Industrial Engineering
21.47 4.2 0.5 14.9 0.4 12.5 Dec 21 B544N70 4.0 0.03 Zoomlion Heavy Indus 3.55 HKD 1,582 94.6 5,315 -13.0 -27.7 -52.1 5,468 20.2
3.55 17.8 1.4 17.6 0.8 6.1 131,540 -5.5 -26.6 -35.0 - -
Industrial Support Services
0.68 26.4 1.8 9.6 0.2 7.9 Dec 21 BD5CNX5 2.9 0.01 Eternal Asia Supply 5.86 CNH 2,597 7 1,213 -9.6 -11.5 -21.0 47,425 287.1
0.00 -53.3 6.1 40.1 15.4 -28.9 Dec 21 BM91SH0 59.2 0.15 Kanzhun ADS (N Share 23.49 USD 435 30.9 24,810 -0.1 -32.7 -36.3 1,665 37.4
0.92 23.1 1.3 9.0 1.2 5.5 Dec 21 BD5CP17 10.3 0.03 Lens Technology (A) 10.88 CNH 4,974 7 4,313 -0.1 -52.7 -53.9 69,912 814.2
13.53 7.6 0.6 2.0 0.9 8.3 Dec 21 6663195 3.5 0.01 Shanghai Wai Gaoqiao 0.92 USD 201 100 1,451 -1.0 2.2 0.5 197 0.2
6.82 14.5 1.2 3.9 1.6 8.3 Dec 21 BP3R4L1 1.6 0.00 Shanghai Waigaoqiao 12.10 CNH 935 5.2 676 -5.1 -8.5 -9.6 4,891 61.0
0.13 50.1 14.1 +ve 13.5 41.1 Dec 21 BMQBTG9 8.7 0.02 Suzhou TA&A Ultra Cl 78.01 CNH 588 7 3,657 0.1 -3.7 -18.7 18,089 1,440.6
3.48 5.9 0.8 5.4 0.0 15.3 Dec 21 BP3RFD0 4.5 0.01 Wuchan Z (A) (SC SH) 4.60 CNH 5,196 7 1,905 -4.2 -22.3 -24.3 23,899 111.2
5.11 5.6 0.8 82.2 0.0 15.4 Dec 21 BP3R6L5 6.4 0.02 Xiamen C & D (A) (SC 11.74 CNH 2,863 7 2,679 4.5 29.4 50.9 26,054 289.3
7.20 4.9 0.8 1.9 0.0 17.1 Dec 21 BP3RD81 2.8 0.01 Xiamen ITG Group (A) 6.94 CNH 2,118 7 1,171 0.1 -3.7 -20.2 14,877 102.7
1.39 37.6 2.3 13.3 0.3 7.8 41,875 -1.2 -23.1 -38.0 - -
Industrial Transportation
8.11 5.0 1.0 6.6 2.8 19.8 Dec 21 BP3RGC6 0.1 0.00 Anhui Expressway (A) 6.78 CNH 1,166 5.3 483 -1.9 -4.2 9.9 3,508 23.6
10.99 3.7 0.7 4.8 2.1 19.8 Dec 21 6045180 0.8 0.02 Anhui Expressway H 5.70 HKD 493 100 2,810 -4.7 -9.5 19.5 781 4.4
1.23 19.3 2.4 24.4 1.7 12.5 Dec 21 BD5CL31 0.5 0.01 Anhui Zhongding Seal 16.31 CNH 1,317 7 1,711 -27.8 -25.2 -8.5 33,365 656.4
0.00 -9.6 1.0 -25.4 5.9 -9.8 Dec 21 6208422 2.5 0.05 Beij Cap Int Airpt H 4.94 HKD 4,579 39 8,832 6.9 3.6 5.3 2,590 12.4
1.06 41.1 1.2 14.7 7.8 3.0 Dec 21 BL58M76 2.9 0.06 Beijing-Shanghai Hig 4.63 CNH 49,107 4 10,520 -0.4 -4.1 -2.5 31,741 144.5

Country Details
4.58 7.4 0.9 10.1 5.4 12.6 Dec 21 BFY8GC8 0.4 0.01 China Merchants Exp. 7.56 CNH 6,178 2.5 1,331 3.1 -1.4 0.8 4,149 30.5
2.75 9.2 0.8 4.7 2.0 8.6 Dec 21 BD25NM6 0.1 0.00 China Merchants Port 15.65 CNH 1,743 1.3 425 0.9 -7.7 -2.8 - -
7.97 5.3 0.5 5.9 3.8 9.0 Dec 21 6416139 4.7 0.10 China Merchants Port 11.80 HKD 3,786 37.9 16,957 -6.8 -16.9 -9.9 2,879 34.5
7.84 6.5 0.5 7.8 0.6 8.3 Dec 21 BYVDW43 1.1 0.02 China Railway Signal 2.47 HKD 1,969 79.6 3,871 -1.6 -13.3 -12.4 2,381 5.9
3.84 13.2 1.1 16.0 1.2 8.3 Dec 21 BK71F88 0.6 0.01 China Railway Signal 4.43 CNH 8,621 5.2 2,283 0.9 -11.0 -15.3 9,988 43.9
3.03 12.1 0.9 6.5 0.2 7.8 Dec 21 BP3R8C0 0.3 0.01 CMST Development (A) 5.32 CNH 2,190 7 929 -4.5 -14.7 -27.2 16,186 87.3
1.42 -14.4 2.5 17.4 5.7 -15.8 Dec 21 BP3R9Y9 1.1 0.02 COSCO SH (A) (SC SH) 14.10 CNH 3,467 7 3,896 11.3 138.2 166.0 69,572 987.9
7.87 6.9 1.5 3.3 1.2 26.5 Dec 21 BP3R6D7 0.6 0.01 COSCO SH (A) (SC SH) 2.87 CNH 9,911 7 2,267 2.1 -11.7 -25.5 79,739 231.2
4.03 -4.2 0.7 5.1 1.7 -15.8 Dec 21 6782045 2.2 0.05 COSCO SH (H) 5.96 HKD 1,296 100 7,724 10.4 100.7 96.1 27,058 163.4
22.25 2.0 0.4 1.0 0.3 26.5 Dec 21 B018L76 1.2 0.03 COSCO SH (H) 1.19 HKD 3,676 99.5 4,353 -6.3 -16.2 -27.4 7,073 8.7
8.67 0.4 0.3 0.2 0.1 +ve Dec 21 B0B8Z18 10.7 0.23 COSCO Shipping Holdi 11.78 HKD 3,355 96.8 38,274 0.3 -22.1 -19.9 33,513 386.8
6.13 2.0 1.4 1.1 0.5 +ve Dec 21 BP3R552 4.0 0.09 COSCO Shipping Holdi 14.20 CNH 12,659 7 14,327 3.5 -24.0 -31.5 117,110 1,606.9
6.56 5.7 0.4 4.2 1.8 6.7 Dec 21 6354251 2.7 0.06 COSCO SHIPPING Ports 5.09 HKD 3,315 57.2 9,657 -13.1 -24.8 -21.3 - -
3.59 12.8 1.0 7.0 0.6 7.8 Dec 21 BP3R358 2.7 0.06 CRRC (A) (SC SH) 5.01 CNH 24,328 7 9,714 -2.7 -17.7 -25.8 29,588 147.7
7.15 6.2 0.5 3.4 0.3 7.8 Dec 21 B2R2ZC9 3.3 0.07 CRRC (H) 2.94 HKD 4,371 92 11,835 0.7 -12.2 -16.9 5,358 15.4
1.62 25.7 1.4 13.7 4.2 7.1 Dec 21 BP3RBC1 0.6 0.01 Dalian Port (PDA) (A 1.67 CNH 18,828 5.9 2,133 -1.2 -3.5 -1.8 58,331 97.1
7.44 7.8 0.8 5.1 1.2 10.3 Dec 21 BP3R2N9 2.1 0.05 Daqin Railway (A) (S 6.45 CNH 14,867 7 7,643 6.6 0.8 - 24,238 151.0
1.14 72.8 2.2 5.6 0.4 3.4 Dec 21 BF2DZ73 0.1 0.00 Deppon Logistics (A) 13.12 CNH 1,027 2.5 384 -1.5 28.3 35.5 10,503 138.2
2.70 10.8 1.2 7.9 2.0 11.8 Dec 21 BD5M0M3 0.2 0.01 Dongguan Development 9.99 CNH 1,040 7 828 -1.0 -1.9 -7.2 3,951 39.3
0.00 -13.7 1.7 -ve 12.1 -33.2 Dec 21 BMD2L36 11.0 0.24 Full Truck Alliance 7.90 USD 1,108 57.4 39,493 -6.9 -5.6 -50.9 2,352 18.0
0.00 -5.7 2.3 16.0 0.8 -92.4 Dec 21 BNMBPD9 7.5 0.16 JD Logistics (P Chip 16.84 HKD 6,334 25.2 26,963 5.5 -36.3 - 9,392 146.2
6.05 6.5 1.3 7.0 2.8 20.0 Dec 21 BP3R5G3 0.3 0.01 Jiangsu Expressway ( 7.60 CNH 3,816 3.2 1,073 -6.3 -11.8 -11.8 3,143 24.1
7.98 5.1 1.0 5.4 2.2 20.0 Dec 21 6005504 2.3 0.05 Jiangsu Expressway ( 6.73 HKD 1,222 100 8,224 -1.8 -15.8 -16.6 999 6.8

5–41
2.30 13.4 1.1 7.7 2.7 8.7 Dec 21 BP3R4B1 0.8 0.02 Ningbo Port (A) (SC 3.91 CNH 15,807 3.9 2,759 0.0 -1.5 2.6 11,896 45.8
4.87 8.1 0.9 11.9 2.0 11.9 Dec 21 BJBPNF2 0.2 0.00 Qingdao Port Interna 5.27 CNH 5,392 2.1 682 -3.7 -7.4 -6.6 7,721 41.3
1.98 13.6 0.9 6.1 2.3 7.1 Dec 21 BF00PL0 0.1 0.00 Qinhuangdao Port (A) 2.83 CNH 4,758 2.9 449 -5.4 1.8 9.7 17,302 48.2
0.36 41.1 2.9 15.8 1.2 8.4 Dec 21 BD73M39 5.4 0.12 SF Hold (A) (SC SZ) 49.43 CNH 4,895 7 19,285 -0.8 -28.3 -14.2 13,386 657.8
7.68 5.4 0.9 2.6 1.5 16.2 Dec 21 BP3R745 0.3 0.01 Shandong Hi-speed Co 5.21 CNH 4,811 3.4 988 -0.6 1.0 -7.3 5,080 26.4
3.51 8.2 1.3 9.3 3.7 16.3 Dec 21 BP3R2L7 1.3 0.03 Shanghai Internation 5.41 CNH 23,279 3.2 4,664 -1.3 -1.3 -3.2 23,051 124.3
0.00 -66.5 4.0 +ve 29.2 -5.8 Dec 21 BP3R4P5 2.4 0.05 Shanghai Internation 56.42 CNH 1,927 7 8,665 9.4 20.8 30.4 13,943 786.4
0.45 -ve 1.2 14.0 4.2 -0.1 Dec 21 BD5CDP7 0.3 0.01 Shenzhen Airport (A) 6.74 CNH 2,051 7 1,102 -1.7 -7.9 -6.5 7,943 54.0
10.56 3.1 0.6 3.3 1.2 21.3 Dec 21 6848743 1.4 0.03 Shenzhen Expressway 6.88 HKD 748 94.1 4,843 -5.0 -8.9 -7.8 801 5.7
7.42 4.3 0.9 4.6 1.7 21.3 Dec 21 BP3RGG0 0.1 0.00 Shenzhen Expressway 8.36 CNH 1,433 3.8 518 -4.0 -16.2 -7.6 2,228 19.0
24.42 2.7 0.4 5.0 0.8 15.9 Dec 21 BJVBTY1 2.5 0.05 Shenzhen Intl Hldgs 6.78 HKD 2,267 57.9 8,913 -6.2 -16.3 -33.1 1,552 10.7
0.59 24.4 1.3 35.5 16.9 5.4 Dec 21 BD5CGK3 0.3 0.01 Shenzhen Yantian Por 5.11 CNH 2,249 7 916 1.6 -3.6 -6.4 7,510 38.2
4.77 7.0 0.8 6.7 0.2 12.6 Dec 21 BHHLN72 0.4 0.01 Sinotrans (A) (SC S 3.77 CNH 5,256 5.7 1,292 0.0 -15.8 -24.1 21,760 80.0
9.84 3.7 0.4 3.5 0.1 12.6 Dec 21 6579010 1.3 0.03 Sinotrans H 2.25 HKD 2,145 95 4,585 -4.3 -10.0 -29.0 3,827 8.5
8.64 4.3 0.5 -6.2 0.2 13.0 Dec 21 B296ZH4 1.5 0.03 Sinotruk Hong Kong ( 7.87 HKD 2,761 24 5,215 -14.9 -34.4 -48.6 2,827 23.9
0.00 -20.3 2.2 8.9 0.7 -10.2 Dec 21 BD5LSR1 0.4 0.01 STO Express (A) (SC 11.18 CNH 1,531 7 1,364 -6.5 23.0 63.2 15,325 176.6
13.36 7.2 0.8 8.1 2.6 11.6 Dec 21 BP3R9F0 0.3 0.01 Tangshan Port Group 2.62 CNH 5,926 7 1,237 0.4 -4.7 6.1 30,574 78.2

5–41
FTSE All-World Review August 2022

China - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% HKD (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Industrial Transportation
5.15 5.1 0.5 2.9 1.1 10.8 Dec 21 B1VT035 3.9 0.08 Yangzijiang Shipbuil 0.97 SGD 3,951 64.2 13,849 4.3 39.3 13.9 14,925 14.1
0.31 30.9 3.1 16.4 1.2 10.5 Dec 21 BD6QV98 0.5 0.01 YUNDA Holding (A) (S 16.84 CNH 2,903 3.1 1,755 -6.9 -17.7 9.3 16,551 294.6
7.14 3.1 0.8 6.7 1.4 28.8 Dec 21 6990763 2.4 0.05 Zhejiang Express. H 5.98 HKD 4,343 33 8,573 -5.4 -14.0 -12.3 2,305 14.1
0.00 29.5 2.9 19.9 4.7 10.0 Dec 21 BMZ1C83 7.5 0.16 ZTO Express (Cayman) 207.40 HKD 855 15.1 26,924 3.0 -3.2 -3.7 136 28.1
4.71 2.7 0.7 1.4 0.5 22.3 357,520 -1.7 -13.8 -16.2 - -
Industrial Materials
1.78 17.9 1.3 10.0 1.9 7.9 Dec 21 BYQDM71 3.4 0.01 Fujian Nanfang Texti 11.78 CNH 1,955 4.4 1,162 -0.2 -27.6 -13.6 15,014 179.6
4.73 7.4 1.3 3.3 0.6 20.7 Dec 21 BS7K376 7.7 0.02 Huaibei Mining Holdi 14.79 CNH 2,481 6.3 2,665 13.9 32.3 2.0 20,325 288.9
0.78 24.8 4.3 21.5 2.2 21.0 Dec 21 BD5LSB5 17.7 0.04 Jiangsu Wujiang Chin 19.26 CNH 5,947 4.6 6,129 -2.3 -0.4 -40.5 56,184 1,234.3
8.02 3.6 0.6 9.0 0.4 16.5 Jun 21 B0WC2B8 28.1 0.06 Nine Dragons Paper I 6.17 HKD 4,692 33.5 9,701 -4.8 -26.3 -42.0 4,862 31.7
8.56 3.9 0.4 0.8 0.2 9.2 Dec 21 6801832 5.3 0.01 Shandong Chenming Pa 2.60 HKD 706 100 1,837 -7.1 -25.7 -39.5 1,282 3.5
0.00 3.9 0.4 0.8 0.2 9.2 Dec 21 B2RJKP8 3.6 0.01 Shandong Chenming Pa 2.58 HKD 528 90.9 1,239 -6.5 -30.8 -41.9 1,116 3.0
3.49 9.5 0.9 1.9 0.5 9.2 Dec 21 BD5CQ14 2.1 0.00 Shandong Chenming Pa 5.30 CNH 1,750 7 739 -3.3 -26.8 -32.6 10,447 55.1
1.67 10.8 1.7 6.5 1.0 17.3 Dec 21 BD5CC94 6.7 0.01 Shandong Sun Paper I 11.99 CNH 2,687 6.3 2,327 2.1 4.4 -2.5 13,458 157.6
0.40 50.0 8.4 51.1 9.8 18.2 Dec 21 BF2DZJ5 20.3 0.04 Shanghai Putailai Ne 63.38 CNH 1,391 7 7,026 -10.5 -21.1 -17.2 9,802 689.8
4.18 7.6 0.8 6.2 0.4 10.3 Dec 21 BP3RCL7 2.8 0.01 Shanying Internation 2.63 CNH 4,616 7 968 -5.4 -20.1 -22.4 17,387 46.6
0.00 52.3 1.6 21.2 0.9 3.1 Dec 21 BD5CGP8 2.2 0.00 Shijiazhuang Changsh 6.08 CNH 1,599 7 775 -5.3 -12.1 -14.6 27,257 172.8
3.65 7.3 1.0 4.7 0.6 11.7 34,568 -5.2 -19.9 -32.5 - -
Industrial Metals and Mining
1.26 7.2 0.7 1.5 0.1 9.4 Dec 21 6425395 5.7 0.07 Alminum Corp of Ch H 2.90 HKD 3,944 100 11,438 1.8 -32.7 -48.6 29,437 84.8
0.71 15.3 1.4 3.2 0.3 9.4 Dec 21 BP3R4D3 2.3 0.03 Aluminum Corp of Chi 4.51 CNH 13,079 7 4,701 -3.4 -25.9 -42.2 130,722 600.8
7.62 3.8 0.5 2.1 0.2 12.6 Dec 21 BD5CQ47 0.7 0.01 Angang Steel (A) (SC 2.90 CNH 7,992 5.2 1,373 -3.3 -22.7 -49.1 24,549 72.4
10.23 2.9 0.3 1.6 0.1 12.6 Dec 21 6015644 1.7 0.02 Angang Steel (H) 2.46 HKD 1,412 100 3,472 -5.0 -29.1 -58.7 4,058 10.4
11.26 4.9 0.6 2.0 0.3 12.8 Dec 21 BP3R2Y0 4.0 0.05 Baoshan Iron & Steel 5.33 CNH 22,268 5.8 7,968 -6.0 -25.6 -47.7 58,456 311.6
2.43 4.5 0.8 2.1 0.2 20.2 Dec 21 BD5M2J4 1.2 0.02 Beijing Shougang (A 4.12 CNH 7,766 6.8 2,484 -2.4 -28.1 -50.1 19,129 80.3
31.84 5.6 0.6 33.7 0.2 12.1 Dec 21 BD5M249 0.1 0.00 Bengang Steel Plates 3.37 CNH 3,708 1.4 209 -4.0 -19.8 -46.3 6,540 22.5
13.71 3.9 0.8 2.5 0.5 21.1 Dec 21 B44ZV94 8.3 0.10 China Hongqiao Group 7.66 HKD 9,254 23.6 16,777 -6.1 -6.9 -34.0 13,607 108.2
0.34 +ve 9.9 -34.7 8.7 7.7 Dec 21 BFY8HG9 1.0 0.01 China Minmetals Rare 26.33 CNH 981 7 2,058 -7.4 -32.5 -54.0 19,528 557.3
1.45 15.5 2.7 17.2 0.6 17.4 Dec 21 BP3R574 1.8 0.02 China Molybdenum (A) 4.92 CNH 17,666 3.5 3,532 -8.7 -11.8 -37.1 134,023 709.1
2.38 9.8 1.7 10.8 0.4 17.4 Dec 21 B1VRCG6 6.9 0.08 China Molybdenum (H) 3.52 HKD 3,934 100 13,846 -8.6 -14.4 -42.1 19,139 71.1
1.48 21.2 7.1 28.9 3.6 40.1 Dec 21 BP3R370 4.3 0.05 China No (A) (SC SH) 30.14 CNH 3,633 7 8,727 -4.0 -34.2 -48.1 56,241 1,794.7
0.00 96.2 2.1 3.8 1.5 2.2 Dec 21 BD5CFL7 0.4 0.00 China Non-Ferrous Me 4.90 CNH 1,969 7 769 1.2 -10.3 -32.0 22,915 111.3
4.05 12.4 3.0 7.7 1.0 26.4 Dec 21 BL4P3T7 3.9 0.05 Citic Pa (A) (SC SZ) 19.77 CNH 5,047 7 7,953 -1.2 -3.5 -22.4 7,822 153.0
0.00 24.2 1.8 -ve 5.7 7.2 Dec 21 BP3R7V2 1.0 0.01 Fanda Carbon New Mat 6.97 CNH 3,806 7 2,114 -1.4 -35.6 -46.1 31,669 222.5
0.25 26.3 6.3 55.0 12.5 32.7 Dec 21 BD5CB19 5.4 0.07 Ganfeng (A) (SC SZ) 85.70 CNH 1,609 7 10,989 -3.8 -16.0 -45.5 31,556 2,849.6
0.35 4.7 1.1 9.8 2.2 32.7 Dec 21 BZ9NS11 8.2 0.10 GANFENG LITHIUM (H) 69.35 HKD 404 59 16,537 -2.3 -20.9 -45.8 3,815 273.6
0.00 27.5 3.5 15.7 2.4 14.3 Dec 21 BP3R819 1.2 0.01 Guangdong Hec Techno 10.19 CNH 3,014 7 2,448 -11.9 14.8 32.7 37,622 435.9
4.13 9.3 0.5 1.7 0.2 5.5 Dec 21 BD5CNS0 1.0 0.01 HBIS (A) (SC SZ) 2.42 CNH 10,619 7 2,048 -13.3 -1.6 -22.4 119,424 312.6
6.50 3.1 0.7 4.7 0.2 25.0 Dec 21 BD5M0H8 1.1 0.01 Hunan Valin Steel (A 4.46 CNH 6,909 6.5 2,285 -1.8 -12.7 -42.8 47,488 216.8
0.95 30.6 1.7 8.3 1.1 5.5 Dec 21 BP3R488 3.1 0.04 Inner Mongolian Baot 2.01 CNH 45,585 6 6,312 -11.1 -28.0 -46.5 333,648 710.1
3.05 9.4 0.8 7.1 0.1 9.3 Dec 21 BP3R4R7 1.3 0.02 Jiangxi Copper (A) ( 16.38 CNH 2,075 7 2,709 -2.8 -26.6 -38.3 11,678 197.8
5.87 4.9 0.4 3.7 0.1 9.3 Dec 21 6000305 5.7 0.07 Jiangxi Copper (H) 9.69 HKD 1,388 85.7 11,525 0.8 -22.4 -38.7 4,234 41.5
4.78 6.3 0.7 2.9 0.1 12.2 Dec 21 BFYQHH4 0.2 0.00 Liuzhou Iron & Steel 3.68 CNH 2,563 3.7 403 -3.2 -29.5 -49.7 4,993 18.5
19.44 2.6 0.4 0.8 0.1 17.6 Dec 21 6600879 0.9 0.01 Maanshan Iron & St H 2.05 HKD 1,733 48.2 1,715 -2.4 -28.3 -53.9 4,354 9.0
11.67 4.3 0.7 1.4 0.2 17.6 Dec 21 BP3R9K5 0.7 0.01 Maanshan Iron & Stee 3.00 CNH 5,968 7 1,427 -4.2 -18.7 -51.0 23,521 71.3
0.88 22.8 3.2 -23.5 3.5 15.7 Dec 21 BFCCQZ5 0.6 0.01 Nanjing Hanrui Cobal 49.03 CNH 310 7 1,210 -8.9 -38.9 -48.5 6,237 343.8
10.17 4.4 0.7 4.0 0.2 16.6 Dec 21 BYQDM37 0.7 0.01 Nanjing Iron & Steel 2.95 CNH 6,162 7 1,449 -3.3 -20.3 -31.4 22,850 68.7
0.00 36.6 6.6 27.8 3.5 15.9 Dec 21 BKDQ7V4 1.9 0.02 Pangang Group Vanadi 5.73 CNH 8,603 7 3,929 -22.5 47.3 22.4 342,146 2,210.4
15.77 3.1 0.6 13.0 0.2 18.9 Dec 21 BD6QV87 0.5 0.01 Sansteel Minguang (A 5.20 CNH 2,452 7 1,016 -6.1 -23.5 -47.4 8,770 47.7
1.86 11.7 0.9 9.2 1.4 8.3 Dec 21 BP3R9D8 1.6 0.02 Shandong Nanshan Alu 3.39 CNH 11,951 7 3,229 -3.1 -28.0 -41.2 124,379 447.9
1.22 4.4 0.8 1.8 0.3 18.6 Dec 21 BD5CLM0 1.1 0.01 Shanxi Taigang Stain 4.90 CNH 5,696 7 2,225 -0.8 -30.4 -51.5 25,514 125.5
0.58 27.6 3.2 31.5 2.9 13.0 Dec 21 BFYQHK7 1.2 0.01 Shenghe (A) (SC SH) 17.32 CNH 1,753 7 2,420 -16.5 -11.7 -38.1 28,423 550.3
0.77 23.1 3.0 13.8 1.4 13.8 Dec 21 BD5CF28 1.7 0.02 Suzhou Dongshan Prec 25.86 CNH 1,710 7 3,524 -3.2 -4.6 34.8 35,301 996.0
0.00 35.8 9.3 31.1 13.7 29.6 Dec 21 BFB4HB5 0.7 0.01 Tibet Summit Resourc 28.23 CNH 914 4.5 1,322 -1.7 -25.0 -41.4 34,007 1,039.6
3.45 9.6 1.4 8.9 0.2 15.7 Dec 21 BD5CMD8 1.2 0.01 Tongling Nonferrous 2.90 CNH 10,527 7 2,433 -4.3 -16.7 -31.8 123,154 372.7
1.88 7.9 1.9 3.2 0.7 26.7 Dec 21 BP3R7X4 1.0 0.01 Western Mining (A) ( 10.65 CNH 2,383 7 2,023 -5.2 -21.7 - 29,261 323.1
0.98 62.5 8.8 +ve 16.2 18.5 Dec 21 BK71F00 1.9 0.02 Western Superconduct 101.93 CNH 464 7 3,770 2.0 5.1 10.4 4,583 492.0
1.03 29.0 4.0 36.3 1.1 14.9 Dec 21 BP3R6F9 1.4 0.02 Xiamen Tungsten (A) 25.29 CNH 1,419 7 2,859 -6.0 11.8 -17.7 26,264 716.6
3.80 7.7 0.7 5.0 0.3 8.9 Dec 21 BD5CLL9 0.6 0.01 Xinxing Ductile Iron 3.95 CNH 3,990 7 1,256 -10.2 -8.8 -11.0 47,567 197.1

5–42
August 2022 FTSE Russell

China - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% HKD (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Industrial Metals and Mining
2.18 17.9 3.0 15.6 3.6 17.5 Dec 21 BD5CF40 1.3 0.02 Yintai Gold (A) (SC 11.47 CNH 2,777 7 2,538 5.7 30.6 29.5 43,308 505.9
0.37 60.9 10.8 69.5 7.6 19.9 Dec 21 BMVB2H6 1.9 0.02 Yongxing Special Sta 134.59 CNH 406 6 3,733 -5.7 -9.1 20.6 7,853 1,181.6
1.12 10.3 1.9 5.0 0.8 22.7 Dec 21 BD5CB75 1.4 0.02 Yunnan Aluminium (A) 10.09 CNH 3,468 7 2,789 0.5 -9.7 -42.5 105,997 1,111.6
1.83 26.4 2.0 3.7 0.1 8.1 Dec 21 BD5CJK4 0.7 0.01 Yunnan Copper Indust 10.94 CNH 1,700 7 1,482 -4.8 -18.2 -31.2 13,522 155.1
0.79 7.8 1.5 7.9 0.4 20.9 Dec 21 BD5CHF5 0.9 0.01 Yunnan Tin (A) (SC 13.88 CNH 1,669 7 1,846 -7.5 -28.9 -43.1 25,250 377.5
0.68 19.1 2.1 -8.4 0.3 11.5 Dec 21 BD5M2C7 0.7 0.01 Zhejiang Hailiang (A 11.00 CNH 1,967 5.3 1,320 -8.5 -11.5 -5.3 5,615 65.7
0.31 29.8 6.1 -ve 3.4 27.2 Dec 21 BFF5BV2 4.7 0.06 Zhejiang Huayou Coba 74.74 CNH 1,588 7 9,457 -11.4 -11.9 -30.7 27,367 2,277.8
3.63 7.9 1.1 4.7 0.3 13.8 201,650 -6.3 -21.6 -41.1 - -
Precious Metals and Mining
0.51 35.5 2.6 23.1 0.7 7.5 Dec 21 BD5C959 1.3 0.01 Hunan Gold (A) (SC S 11.80 CNH 1,202 7 1,130 -4.4 13.9 -14.4 29,694 380.5
0.28 +ve 3.3 75.0 2.3 0.6 Dec 21 BP3R5D0 5.7 0.03 Shandong Gold Mining 17.90 CNH 3,614 7 5,157 -2.1 -4.9 -0.6 26,386 484.2
0.44 +ve 2.7 60.8 1.8 0.6 Dec 21 BFD2096 10.0 0.05 Shandong Gold Mining 13.36 HKD 859 78.2 8,982 -2.2 0.1 6.2 1,717 23.3
0.41 21.3 1.4 23.5 0.3 6.8 Dec 21 BD5C7Q6 1.0 0.01 Shandong Humon Smelt 9.68 CNH 1,148 7 886 -3.6 -17.2 -26.2 10,394 104.3
2.15 13.0 1.3 9.1 0.4 10.2 Dec 21 BD5CLW0 1.4 0.01 Shenzhen Zhongjin Li 4.41 CNH 3,650 7 1,283 -1.1 -10.2 -27.3 33,562 148.8
0.00 +ve 1.6 9.4 2.8 0.9 Dec 21 B1H5082 7.7 0.04 Zhaojin Mining Indus 6.68 HKD 3,270 31.6 6,923 -10.9 0.3 5.0 5,491 39.5
2.27 13.7 3.4 9.3 1.1 28.9 Dec 21 BP3R400 16.0 0.09 Zijin Mining Group ( 8.80 CNH 20,592 7 14,443 -1.5 -9.3 -20.8 198,193 1,768.7
2.55 10.2 2.5 6.9 0.8 28.9 Dec 21 6725299 56.9 0.31 Zijin Mining Group H 8.94 HKD 5,737 100 51,288 -2.7 -3.7 -19.3 21,782 198.9
1.92 13.6 2.6 8.9 0.9 21.1 90,091 -3.6 -6.0 -16.5 - -
Chemicals

Country Details
0.07 23.6 1.2 5.7 0.8 5.2 Dec 21 BYVNZC2 0.4 0.00 ADAMA (A) (SC SZ) 11.19 CNH 2,177 2.7 765 3.4 32.6 16.4 6,940 77.5
0.54 36.3 4.2 52.3 4.8 16.5 Dec 21 BD760M3 1.7 0.02 Beijing Easpring Mat 78.63 CNH 507 7 3,174 -17.8 -9.5 0.0 9,973 903.7
0.11 80.3 1.4 10.8 1.9 1.8 Dec 21 BD5CK23 0.5 0.01 Beijing SJ Environme 4.69 CNH 2,350 7 878 -6.2 -40.9 -27.8 23,595 114.9
1.67 16.6 2.0 11.0 2.2 12.3 Dec 21 BYV1QK1 0.5 0.01 Bluestar Adisseo (A) 10.66 CNH 2,682 2.7 895 12.7 -13.5 -6.6 11,636 119.4
3.33 9.5 2.6 9.6 2.9 30.3 Dec 21 BP3RDW5 2.5 0.03 China Jushi (A) (SC 14.41 CNH 4,003 7 4,598 -3.6 -20.8 -17.9 25,598 375.9
0.18 59.3 5.8 -34.1 2.8 14.0 Dec 21 BP91MT1 0.7 0.01 CNGR Advanced Materi 93.40 CNH 606 1.8 1,211 -24.8 -38.4 - 3,947 446.6
1.23 24.2 6.1 15.8 4.0 32.0 Dec 21 BD5C8H4 1.4 0.02 Do-Fluoride Chemical 40.61 CNH 766 7 2,480 -16.4 -9.7 -28.1 28,557 1,316.3
1.50 12.7 3.9 4.3 0.5 40.0 Dec 21 BYYFJJ0 2.4 0.03 ENN Ecological Holdi 20.54 CNH 2,846 6.5 4,350 19.1 11.9 0.4 12,883 249.5
0.00 37.7 6.8 +ve 9.3 22.6 Dec 21 BJLMPM4 1.1 0.01 Flat Glass Group (A) 40.03 CNH 1,697 2.5 1,933 -2.6 -30.9 -31.7 11,622 472.6
0.00 21.4 3.8 79.4 5.3 22.6 Dec 21 BYQ9774 6.4 0.07 Flat Glass Group (H) 25.95 HKD 450 99.8 11,664 -8.9 -34.5 -42.8 3,902 100.6
0.53 41.1 12.8 44.7 8.3 42.2 Dec 21 BD5LR63 4.0 0.04 Guangzhou Tinci Mate 47.55 CNH 1,925 7 7,294 -9.2 -17.1 -30.2 40,300 2,156.3
0.39 39.2 7.1 -ve 6.7 21.1 Dec 21 BYYFJR8 2.0 0.02 Hangzhou First Appli 64.88 CNH 1,332 3.7 3,689 -7.0 -30.4 -40.2 10,974 780.4
0.77 37.1 4.8 30.2 4.7 13.7 Dec 21 BP3RJS3 1.3 0.01 Haohua Chemical Scie 37.68 CNH 919 6 2,381 -13.9 -21.8 2.4 1,973 83.5
5.26 8.5 2.4 7.2 0.7 30.4 Dec 21 BFB4HL5 2.7 0.03 Hengli Petrochemical 19.20 CNH 7,039 3.1 4,882 -4.9 -16.4 -26.7 20,623 413.0
2.21 9.5 1.3 4.3 0.3 14.3 Dec 21 BD5M1L9 1.3 0.01 Hengyi Petrochemical 9.05 CNH 3,666 6.2 2,361 -3.3 -14.8 -22.8 19,492 179.2
0.00 47.9 1.1 6.8 0.6 2.2 Dec 21 BD5CGR0 0.4 0.00 Holitech Technology 3.02 CNH 3,116 6.5 697 2.7 -13.5 -13.0 61,409 201.3
1.35 14.6 6.0 32.5 5.6 55.3 Dec 21 BFYQH85 2.7 0.03 Hoshine Silicon Indu 112.20 CNH 1,074 3.5 4,926 14.3 -15.0 -48.0 13,383 1,681.8
5.30 15.2 2.0 12.3 7.9 13.1 Dec 21 BHQPSV4 0.2 0.00 Huabao Flavours & Fr 24.90 CNH 616 2.5 437 0.6 -48.0 -40.6 1,653 40.2
1.29 9.9 3.1 8.1 1.8 37.2 Dec 21 BP3RHC3 1.9 0.02 Hubei Xingfa Chemica 38.65 CNH 1,112 7 3,425 3.8 2.0 -7.7 24,995 972.8
3.72 7.9 1.6 5.7 1.9 21.3 Dec 21 BP3R7B2 1.4 0.02 Inner Mongolia Junzh 4.35 CNH 8,438 6 2,508 -4.4 -16.8 -25.1 27,755 121.6
0.57 28.3 5.1 24.3 3.0 19.3 Dec 21 BP3RGP9 1.5 0.02 Jiangsu Yangnong Che 113.81 CNH 310 7 2,811 -1.0 -13.3 -5.2 3,004 338.6
0.34 82.7 5.0 92.8 7.9 6.7 Dec 21 BFY8GF1 1.3 0.01 Jiangsu Yoke Technol 62.49 CNH 476 7 2,370 23.1 -23.0 -26.0 9,262 611.4
12.07 2.6 0.4 2.9 0.5 18.1 Dec 21 6491318 10.0 0.11 Kingboard Chemical H 24.85 HKD 1,109 65.6 18,075 8.3 -34.5 -35.0 1,168 27.0

5–43
19.97 3.7 1.3 3.9 0.9 40.7 Dec 21 B1HHFV6 4.3 0.05 Kingboard Laminates 7.51 HKD 3,120 33.4 7,840 4.5 -43.4 -50.9 3,593 26.0
0.48 48.8 8.8 43.7 7.3 19.3 Dec 21 BP91M80 1.2 0.01 Levima Advanced Mate 41.53 CNH 1,336 3.5 2,265 -13.8 14.0 - 22,279 1,141.1
0.23 61.2 3.2 27.3 3.1 5.3 Dec 21 BD5CDS0 0.9 0.01 Lianhe Chemical Tech 21.80 CNH 923 7 1,604 16.3 21.3 -4.2 8,415 180.0
7.11 8.6 2.2 9.7 2.0 29.3 Dec 21 BD5LS71 1.8 0.02 Lomon Billions (A) ( 17.58 CNH 2,381 7 3,336 -13.6 -38.5 -53.1 19,163 360.0
14.51 5.6 1.5 2.8 0.8 29.3 Dec 21 BD5C7W2 1.2 0.01 Luxi Chemical Group 13.78 CNH 1,904 7 2,091 -2.1 -9.7 -40.5 20,410 285.4
3.06 11.9 0.8 4.1 0.3 6.9 Dec 21 BD5M1S6 0.5 0.01 North Huajin Chemica 7.12 CNH 1,599 7 908 21.5 -2.2 -7.5 50,316 360.2
1.06 11.0 2.9 4.3 0.8 30.3 Dec 21 BD5CL20 1.9 0.02 Rongsheng Petro Chem 14.16 CNH 10,126 2 3,369 -0.9 -22.0 -24.1 43,966 668.7
2.74 8.5 2.8 12.6 2.3 38.6 Dec 21 BP3RDC5 2.7 0.03 Shandong Hualu-Hengs 29.17 CNH 2,123 7 4,934 2.2 -6.8 -19.9 16,137 464.0
0.26 19.5 7.4 24.0 3.3 45.7 Dec 21 BP91NN2 0.9 0.01 Shandong Shida Sheng 113.74 CNH 203 6.5 1,706 -17.5 -42.6 - 3,397 447.2
1.53 36.4 6.8 28.2 9.9 19.7 Dec 21 BD5CLV9 1.0 0.01 Shanghai Bairun Inve 23.31 CNH 1,052 6.5 1,820 -13.7 -45.5 -54.5 9,256 225.7
0.90 23.4 4.6 69.5 4.5 22.7 Dec 21 BD5LRQ3 1.4 0.02 Shenzhen Capchem Tec 42.05 CNH 743 7 2,488 -5.2 -33.0 -31.2 17,219 823.6
0.17 63.7 16.9 -80.2 10.7 31.4 Dec 21 BK71726 2.3 0.02 Shenzhen Dynanonic ( 320.50 CNH 161 7 4,118 -10.6 17.5 - 2,976 1,103.4
0.40 10.9 2.3 10.4 3.4 24.1 Dec 21 BP3RF41 1.5 0.02 Sichuan Hebang Biote 3.77 CNH 8,831 7 2,654 -2.8 10.6 23.6 186,931 732.7
0.00 64.6 6.2 21.5 6.8 10.9 Dec 21 BFY8G62 1.3 0.01 Sichuan New Energy P 20.35 CNH 1,476 7 2,394 -13.1 -23.3 -41.3 27,842 610.2
0.11 34.4 5.2 52.1 6.3 16.7 Dec 21 BD5LSZ9 1.3 0.01 Sichuan Yahua Indust 28.51 CNH 1,153 6.2 2,338 -2.2 -0.5 -16.2 30,997 900.9
2.74 11.2 2.7 10.6 1.9 26.5 Dec 21 BD5LVM7 1.7 0.02 SINOMA SCIENCE & TEC 23.18 CNH 1,678 7 3,100 -19.7 -31.9 -22.3 20,498 536.9

5–43
FTSE All-World Review August 2022

China - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% HKD (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Chemicals
3.67 8.1 1.1 8.7 0.6 14.0 Dec 21 BP3RB98 0.6 0.01 Tangshan Sanyou Chem 6.68 CNH 2,064 7 1,099 -2.2 -23.2 -53.7 21,000 145.8
2.31 4.6 1.0 12.3 0.6 24.1 Dec 21 BP3RGF9 1.5 0.02 Tongkun Group (A) (S 14.27 CNH 2,411 7 2,742 -1.1 -32.6 -40.3 21,625 324.5
1.79 7.3 1.0 12.9 0.5 14.7 Dec 21 BD5CKP6 0.2 0.00 Transfar Zhilian (A) 5.58 CNH 3,072 2.2 439 -2.4 -35.9 -35.7 14,347 80.7
2.82 11.1 4.1 10.0 1.9 42.8 Dec 21 BP3R3S1 12.2 0.13 Wanhua Chemical Grou 88.57 CNH 3,140 7 22,164 5.8 -12.3 -17.0 13,529 1,163.6
0.66 51.5 9.5 32.9 15.1 19.7 Dec 21 BFY8H81 1.5 0.02 Weihai Guangwei Comp 75.94 CNH 518 6.2 2,801 8.4 -10.1 4.0 6,192 458.3
2.26 6.6 0.9 4.8 0.3 16.6 Dec 21 BFB4M98 0.3 0.00 Xinfengming Group (A 9.94 CNH 1,530 3.2 556 -0.4 -33.1 -45.9 9,187 92.5
1.62 7.0 0.8 4.3 0.3 12.4 Dec 21 BD5CB97 0.8 0.01 Xinjiang Zhongtai Ch 7.39 CNH 2,576 7 1,517 -0.1 -22.5 -45.1 31,320 232.0
1.30 16.3 2.5 59.8 1.7 16.6 Dec 21 BD5CF06 0.9 0.01 Xinyangf (A) (SC SZ) 15.36 CNH 1,305 7 1,597 -8.2 -9.1 -28.2 11,871 195.4
1.42 25.7 3.0 16.0 3.8 12.0 Dec 21 BD5LYV7 0.7 0.01 Yantai Valiant Fine 17.93 CNH 930 7 1,329 -1.0 -24.2 -12.2 10,437 203.8
3.99 4.7 2.0 6.1 1.3 52.0 Dec 21 BD5M089 1.2 0.01 Zhejiang Huafon Span 7.52 CNH 4,963 5.2 2,217 -1.1 -28.0 -45.9 18,013 139.4
0.83 37.3 3.2 34.0 2.4 8.8 Dec 21 BP3R983 1.9 0.02 Zhejiang Juhua (A) ( 15.70 CNH 2,700 7 3,378 -9.2 21.6 -7.6 34,811 584.6
4.24 11.2 1.0 16.0 1.7 9.1 Dec 21 BD5CFB7 0.4 0.00 Zhejiang Runtu (A) ( 8.25 CNH 1,151 7 756 3.1 -14.0 -13.6 5,673 45.7
1.14 8.8 2.7 14.4 1.8 36.6 Dec 21 BFCCQG6 2.3 0.03 Zhejiang Satellite P 21.93 CNH 2,407 7 4,207 -3.3 -23.3 -26.8 34,161 857.8
0.37 77.9 6.8 41.6 5.4 9.0 Dec 21 BD5CCP0 1.1 0.01 Zhejiang Yongtai Tec 27.36 CNH 877 7 1,911 -10.9 -46.6 -38.9 31,423 993.3
3.64 8.9 1.9 8.8 1.3 22.9 181,482 -3.6 -26.9 -32.7 - -
Oil Gas and Coal
3.02 8.4 1.2 2.9 0.6 14.6 Dec 21 BP3R3P8 0.8 0.02 China Coal Energy (A 9.98 CNH 9,152 3.8 3,975 14.2 58.7 17.0 40,727 391.6
4.89 5.2 0.7 1.8 0.4 14.6 Dec 21 B1JNK84 3.0 0.09 China Coal Energy H 7.01 HKD 4,107 51 14,682 14.9 55.8 26.1 14,664 98.4
1.03 15.7 1.8 10.1 2.4 11.6 Dec 21 BP3R347 0.4 0.01 China Oilfield Servi 14.63 CNH 2,961 4.2 2,084 10.7 -2.5 4.6 7,070 99.9
0.29 7.7 0.9 5.0 1.2 11.6 Dec 21 6560995 3.0 0.09 China Oilfield Srvs 8.16 HKD 1,811 100 14,779 13.0 21.5 22.0 5,136 39.8
14.94 5.5 0.5 1.7 0.2 9.5 Dec 21 6291819 19.3 0.57 China Petro & Chem H 3.71 HKD 25,513 100 94,655 0.3 2.2 -1.6 91,114 335.2
11.01 7.2 0.7 2.2 0.2 9.5 Dec 21 BP3R240 2.4 0.07 China Petroleum & Ch 4.27 CNH 95,558 2.5 11,614 3.9 0.9 0.2 100,530 419.9
8.37 11.6 1.6 6.3 1.8 14.0 Dec 21 BP3R262 3.5 0.10 China Shenhua Energy 30.34 CNH 16,491 3 17,090 8.0 34.7 51.7 28,599 851.2
11.71 8.2 1.1 4.5 1.3 14.0 Dec 21 B09N7M0 17.0 0.51 China Shenhua Energy 24.70 HKD 3,378 100 83,424 11.5 35.1 43.4 18,464 438.1
2.09 19.5 1.3 10.2 0.7 6.9 Dec 21 BK4XS88 0.3 0.01 CNOOC Energy Technol 2.63 CNH 10,165 4.5 1,396 3.1 -10.2 -5.4 52,618 138.9
3.16 16.4 4.0 13.7 3.4 26.8 Dec 21 BP3R3N6 1.3 0.04 Guanghui Energy (A) 12.65 CNH 6,566 7 6,620 30.1 93.4 102.4 158,570 1,929.5
4.44 15.3 2.8 11.5 2.1 18.1 Dec 21 BP3R8Q4 0.3 0.01 Guizhou Panjiang Ref 9.00 CNH 2,147 6.2 1,374 6.3 23.8 -11.1 40,880 384.4
3.58 7.4 1.3 4.2 1.1 19.1 Dec 21 BD5CG92 0.3 0.01 Huolinhe Opencut Coa 13.96 CNH 1,922 4.4 1,363 4.7 -6.0 1.0 44,759 684.5
8.22 4.3 0.9 2.1 0.8 23.8 Dec 21 6019011 2.8 0.08 Inner Mongolia Yitai 1.69 USD 2,928 35 13,577 7.2 93.4 113.9 5,680 9.2
14.62 8.1 1.2 4.8 0.8 14.7 Dec 21 BD5CJ93 0.3 0.01 Jizhong Energy Resou 6.84 CNH 3,534 6.1 1,697 1.8 24.1 36.3 42,589 300.9
3.68 2.1 0.9 4.0 0.4 42.0 Dec 21 6340078 5.1 0.15 Kunlun Energy (Red C 6.85 HKD 8,659 42.4 25,161 18.5 -6.3 -16.9 12,443 76.8
2.36 13.9 3.2 15.4 4.3 25.4 Dec 21 BK4XS99 0.6 0.02 Ningxia Baofeng Ener 13.58 CNH 7,333 2.5 2,835 0.9 -21.8 -15.4 29,169 406.8
1.78 48.3 0.9 6.5 1.0 1.8 Dec 21 BP3R455 0.3 0.01 Offshore Oil Enginee 4.49 CNH 4,421 7 1,582 6.4 -2.6 -1.1 22,834 100.9
2.46 12.2 1.3 12.3 0.6 11.3 Dec 21 BD5CH88 0.2 0.01 Oriental Energy (A) 8.82 CNH 1,649 7 1,159 6.0 -29.9 -30.1 17,859 157.8
7.27 6.1 0.5 1.7 0.2 7.9 Dec 21 6226576 15.7 0.47 Petrochina H 3.71 HKD 21,099 98.6 77,197 1.6 6.9 8.8 105,689 374.0
5.80 10.1 1.8 3.6 1.0 19.2 Dec 21 BP3R9C7 0.5 0.01 Pingdingshan Tianan 13.10 CNH 2,315 7 2,417 9.5 56.5 39.2 49,356 654.5
6.14 9.5 2.5 4.2 1.5 28.8 Dec 21 BS7K5P8 2.6 0.08 Shaanxi Coal Industr 22.00 CNH 9,695 5.2 12,749 15.1 80.3 60.5 48,112 1,022.4
4.24 6.6 1.4 5.9 1.1 23.1 Dec 21 BP3R682 0.8 0.02 Shanxi Lu'an Environ 15.87 CNH 2,991 7 3,784 15.3 40.3 -0.2 45,883 706.7
1.76 18.1 3.9 9.9 2.3 23.9 Dec 21 BFCCPV4 0.8 0.02 Shanxi Meijin Energy 11.37 CNH 4,270 7 3,870 0.1 -29.9 -18.3 88,376 1,021.7
6.24 11.8 2.3 4.8 1.2 21.6 Dec 21 BD5CKB2 0.9 0.03 Shanxi Xishan Coal a 12.83 CNH 4,097 7 4,189 9.5 55.1 11.3 88,841 1,128.6
16.00 4.5 0.7 3.2 1.8 16.9 Dec 21 6354671 1.7 0.05 Shougang (Red Chip) 2.50 HKD 5,052 67.3 8,506 -10.4 -5.3 0.0 4,689 12.7
0.00 +ve 5.3 6.5 0.5 3.7 Dec 21 BWT5TJ1 0.2 0.00 Sinopec (A) (SC SH) 1.91 CNH 13,569 2.7 814 1.1 -10.7 -11.6 39,440 75.3
0.00 34.3 1.3 1.5 0.1 3.7 Dec 21 6984669 0.3 0.01 Sinopec (H) 0.52 HKD 5,415 52 1,466 -7.1 -20.0 -23.5 5,175 2.8
9.49 5.6 0.4 2.2 0.2 7.0 Dec 21 6797458 0.9 0.03 Sinopec SH Ptrochm H 1.23 HKD 3,495 100 4,299 -4.7 -31.3 -26.8 10,052 12.6
3.17 16.4 1.1 6.5 0.4 7.0 Dec 21 BP3R596 0.3 0.01 Sinopec Shanghai Pet 3.15 CNH 7,329 5.5 1,457 2.9 -24.5 -7.1 23,142 73.2
2.67 12.9 2.3 5.3 1.2 19.2 Dec 21 BP3R790 0.7 0.02 Yangquan Coal Indust 18.70 CNH 2,405 7 3,584 -12.2 57.8 26.5 88,741 1,879.1
0.47 22.6 2.9 45.0 4.1 13.7 Dec 21 BD5CMC7 0.6 0.02 Yantai Jereh Oilfiel 38.01 CNH 958 7 2,902 6.2 -5.0 3.1 7,829 302.9
6.01 6.6 1.9 4.3 1.2 31.4 Dec 21 6109893 12.1 0.36 Yanzhou Coal Min H 31.20 HKD 1,900 100 59,280 27.3 105.4 134.4 13,967 402.1
3.33 12.2 3.5 8.1 2.2 31.4 Dec 21 BP3R5S5 1.0 0.03 Yanzhou Coal Mining 48.00 CNH 3,049 3 4,999 31.0 106.3 90.1 22,259 978.0
8.76 6.1 0.8 2.7 0.4 10.5 490,580 8.0 21.4 21.0 - -
Alternative Energy
0.00 18.1 4.3 15.0 6.3 33.5 Dec 21 BNM1NF7 5.1 0.06 China Conch Environm 7.02 HKD 1,827 74.9 9,610 13.0 - - 4,812 32.5
4.36 3.2 0.5 13.3 3.6 18.2 Dec 21 BH7HM06 12.6 0.15 China Conch Venture 16.06 HKD 1,827 81.6 23,966 5.4 -49.0 -38.9 2,754 43.9
1.35 5.6 0.7 2.8 1.0 12.3 Dec 21 B4Q2TX3 22.4 0.26 China Longyuan Power 12.72 HKD 3,340 100 42,485 1.3 -30.1 -19.8 17,072 217.6
0.20 49.9 4.0 33.7 9.3 9.3 Dec 21 BP91MN5 0.7 0.01 China So (A) (SC SZ) 6.36 CNH 3,788 4.9 1,371 -8.4 -23.3 - 30,924 210.2
1.17 25.8 1.9 -13.9 1.3 7.5 Dec 21 BP3R604 2.3 0.03 Dong Fang Electric(A 19.70 CNH 2,779 7 4,363 13.8 -8.0 24.4 37,212 674.5
2.57 11.9 0.9 -6.4 0.6 7.5 Dec 21 6278566 1.9 0.02 Dongfang Electric (H 10.46 HKD 340 100 3,556 5.7 -20.3 -1.9 3,467 34.9
0.00 -10.9 9.5 54.1 4.6 -60.7 Dec 21 BD6QVT8 0.9 0.01 GCL System Integrati 3.67 CNH 5,850 7 1,711 -17.0 -3.4 -32.7 209,827 876.0
0.16 70.2 8.9 39.2 3.6 13.4 Dec 21 BMVB500 6.2 0.07 JA Solar Technology 65.57 CNH 2,240 7 11,707 -15.6 -1.0 18.0 21,977 1,560.0

5–44
August 2022 FTSE Russell

China - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% HKD (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Alternative Energy
0.82 17.7 3.1 10.5 2.1 19.4 Dec 21 BK94864 2.4 0.03 Ming Yang Smart Ener 26.83 CNH 2,104 7 4,500 -10.3 2.8 19.4 43,355 1,261.6
0.10 +ve 10.6 -ve 6.9 12.2 Dec 21 BD5CGB4 6.9 0.08 Sungrow Power Supply 111.40 CNH 1,485 7 13,187 -10.1 -23.6 -29.2 33,517 4,307.2
0.58 18.9 3.2 32.2 3.1 18.3 Dec 21 BD5LXS7 1.0 0.01 Titan Wind Energy (S 13.85 CNH 1,803 7 1,990 -22.3 -28.6 8.9 40,910 677.1
0.32 83.6 9.2 +ve 3.5 11.6 Dec 21 BP91P03 6.5 0.07 Trina Solar (A) (SC 71.49 CNH 2,168 7 12,350 -13.9 -9.4 - 21,873 1,678.6
1.95 14.7 1.5 24.9 1.1 10.6 Dec 21 BD5CQ58 1.9 0.02 Xinjiang Goldwind Sc 12.83 CNH 3,452 7 3,529 -14.0 -22.1 -12.1 49,892 722.8
2.42 11.8 1.2 20.0 0.9 10.6 Dec 21 B59GZJ7 4.0 0.05 Xinjiang Goldwind Sc 11.74 HKD 774 84.6 7,691 -16.1 -22.9 -21.0 4,643 62.2
1.85 19.6 3.2 25.5 6.0 17.3 Dec 21 BGQYNN1 24.2 0.28 Xinyi Solar (P Chip) 10.84 HKD 8,894 47.7 46,057 -18.7 -18.0 -42.3 26,903 319.3
1.85 9.8 2.4 -ve 1.6 27.4 Dec 21 BD5CFS4 1.0 0.01 Zhufu Holding (A) (S 4.33 CNH 5,370 7 1,853 -8.1 -39.2 -35.0 24,236 111.1
1.59 10.4 1.5 14.9 2.4 12.8 189,928 -8.6 -26.3 -27.2 - -
Electricity
0.00 -8.7 0.9 -10.8 0.5 -9.7 Dec 21 BD5CD57 0.4 0.01 Anhui Wenergy (A) ( 5.04 CNH 2,267 7 911 8.4 -9.4 31.6 56,662 285.5
4.86 4.3 0.4 2.9 0.6 10.3 Dec 21 B688XD1 1.2 0.02 Beijing Jingneng Cle 1.65 HKD 8,245 19.6 2,670 4.4 -34.8 -17.5 3,735 5.9
1.53 20.2 1.6 11.9 3.5 8.3 Dec 21 BD5LQM2 0.9 0.01 CECEP Solar Energy ( 8.08 CNH 3,007 7 1,937 -9.3 -27.9 6.7 112,889 982.0
1.10 32.3 2.4 11.9 7.1 7.7 Dec 21 BZ0D1V1 0.9 0.01 CECEP Wind-Power (A) 4.99 CNH 5,013 7 1,994 -8.4 -23.3 8.7 118,354 616.5
2.99 13.0 1.3 3.8 1.7 10.5 Dec 21 BKT6GZ5 0.8 0.01 CGN Power (A) (SC SZ 2.81 CNH 39,335 1.3 1,637 1.8 -10.2 6.0 68,950 190.9
5.28 1.9 0.2 0.6 0.2 10.5 Dec 21 BSBMM04 9.7 0.13 CGN Power (H) 1.87 HKD 11,164 100 20,876 3.3 -21.1 8.7 19,922 36.9
2.35 15.2 1.8 3.4 1.9 12.5 Dec 21 BYQDNJ0 4.0 0.05 China National Nucle 6.37 CNH 18,849 6.2 8,544 3.2 -23.3 16.2 99,402 633.0
1.40 -66.3 1.2 23.7 1.1 -1.9 Dec 21 B02ZKQ8 11.1 0.14 China Power Internat 4.40 HKD 10,833 50.2 23,934 -0.9 -16.2 40.1 64,972 271.9
1.88 47.3 0.9 19.3 0.8 1.8 Dec 21 6711566 13.7 0.18 China Res Pwr Hdg RC 15.66 HKD 4,810 39 29,440 6.1 -40.0 -18.1 23,283 351.0

Country Details
0.97 30.6 2.5 19.8 11.3 10.3 Dec 21 BP91P36 5.6 0.07 China Three Gorges R 6.10 CNH 28,621 6 12,088 -2.9 -18.8 - 177,008 1,091.1
3.40 20.7 3.0 15.3 9.8 14.9 Dec 21 BP3R2M8 20.2 0.26 China Yangtze Power 23.98 CNH 22,742 7 43,465 0.4 5.6 24.0 32,003 758.0
6.40 -2.5 0.9 29.0 0.3 -29.9 Dec 21 6080716 2.1 0.03 Datang International 1.62 HKD 6,111 46.3 4,593 11.7 -8.0 20.9 20,382 30.3
2.83 -5.6 2.0 65.5 0.6 -29.9 Dec 21 BP3R3W5 0.8 0.01 Datang International 3.21 CNH 12,396 3.8 1,722 13.8 -0.9 18.0 89,610 267.0
0.92 -45.8 1.8 3.2 0.5 -3.6 Dec 21 BP3R3J2 2.9 0.04 GD Power Development 4.35 CNH 17,836 7 6,184 14.2 37.2 76.1 229,419 928.4
0.00 -3.2 0.4 -ve 0.2 -12.1 Dec 21 6393210 0.8 0.01 Guangdng Elc Pw Dv B 2.14 HKD 798 100 1,709 -0.5 -16.4 -11.6 655 1.4
0.98 13.2 1.0 7.8 1.2 7.6 Dec 21 BD5CDL3 0.4 0.01 Guangdong Baolihua N 5.12 CNH 2,176 7 888 1.6 -13.5 -8.2 28,766 147.7
0.00 -7.7 1.0 -ve 0.5 -12.1 Dec 21 BD5CMS3 0.4 0.01 Guangdong Electric P 4.48 CNH 4,452 3.8 882 1.8 -27.2 12.8 36,449 160.1
2.43 37.8 3.3 12.0 5.8 8.6 Dec 21 BP3RDX6 0.8 0.01 Guangxi Guiguan Elec 6.17 CNH 7,882 3 1,661 -1.4 -3.9 17.7 11,939 74.1
4.58 -13.0 1.3 -4.9 0.5 -9.3 Dec 21 BP3R637 1.3 0.02 Huadian Power Intern 5.46 CNH 8,153 5.5 2,820 26.4 2.1 41.1 80,547 423.5
8.81 -6.7 0.7 -2.5 0.3 -9.3 Dec 21 6142780 2.4 0.03 Huadian Power Intl H 3.23 HKD 1,717 94 5,214 18.8 -5.0 22.3 19,681 63.4
2.20 -10.3 2.0 -23.9 0.6 -17.4 Dec 21 BP3R314 2.1 0.03 Huaneng Power Intern 8.18 CNH 10,998 4.5 4,609 16.5 -15.6 47.4 111,712 838.7
5.35 -4.2 0.8 -9.9 0.3 -17.4 Dec 21 6099671 7.9 0.10 Huaneng Power Intl H 4.02 HKD 4,700 89.9 16,998 7.2 -22.8 7.2 45,514 178.8
3.05 13.3 1.1 10.1 1.4 8.2 Dec 21 BD5CN57 1.1 0.01 HuBei Energy Group ( 4.92 CNH 6,570 6.5 2,396 -1.2 -6.1 9.1 27,493 137.8
0.00 -88.5 0.9 -15.3 0.9 -1.0 Dec 21 BD6QVZ4 0.3 0.00 Jiangsu Guoxin (A) ( 6.91 CNH 3,778 2.2 669 1.6 -1.3 10.2 13,950 100.3
0.00 -4.0 0.9 58.3 0.6 -19.8 Dec 21 BD5CHH7 0.2 0.00 Jointo Energy Invest 4.82 CNH 1,792 4.1 412 -4.4 -5.3 6.9 46,203 233.0
1.47 30.3 1.8 5.7 1.9 6.3 Dec 21 BP3R433 3.1 0.04 SDIC Power Holdings 11.15 CNH 7,454 7 6,624 7.9 -2.8 23.1 16,442 175.6
0.00 -13.5 1.8 16.5 0.8 -12.3 Dec 21 BP3R9L6 1.0 0.01 Shanghai Electric Po 9.82 CNH 2,617 7 2,048 1.6 -23.4 34.9 56,835 565.0
0.00 +ve 1.5 5.6 0.8 0.3 Dec 21 BD5CCM7 0.4 0.00 Shanxi Zhangze Elect 3.73 CNH 3,077 6.2 817 -6.0 -0.8 23.1 39,615 156.0
2.75 14.0 1.1 7.0 1.0 8.0 Dec 21 BD5CN68 1.1 0.01 Shenzhen Energy Grou 6.37 CNH 4,757 6.7 2,317 -0.3 -21.4 -18.6 21,298 137.1
3.03 18.8 1.9 +ve 46.9 10.6 Dec 21 BP3R4Y4 2.2 0.03 Sichuan Chuantou Ene 13.19 CNH 4,406 7 4,632 5.8 5.5 15.9 14,217 185.5
3.00 -ve 1.1 10.6 0.8 -2.7 214,689 2.5 -21.0 7.0 - -
Gas Water and Multi-utilities

5–45
3.56 5.5 1.2 6.6 0.9 22.3 Dec 21 BP3R7K1 0.8 0.01 Beijing Capital (A) 2.81 CNH 7,341 7 1,644 -4.4 -17.6 -24.5 45,966 130.6
7.77 4.4 0.5 -4.7 0.7 12.4 Dec 21 B01YCG0 4.0 0.05 Beijing Enter (RC) 2.02 HKD 10,136 39.5 8,096 -15.1 -33.3 -37.1 9,578 20.8
5.34 2.8 0.3 2.6 0.4 11.5 Dec 21 6081690 6.0 0.07 Beijing Enterprises 23.40 HKD 1,262 40.6 12,008 -7.0 -13.0 -12.7 915 22.1
1.98 7.9 1.1 5.6 2.3 15.1 Dec 21 BD5CJV5 0.6 0.01 Chengdu Xingrong Inv 5.15 CNH 2,986 7 1,226 1.2 -18.5 -7.0 16,513 82.7
4.14 11.0 1.7 8.1 0.9 16.7 Dec 21 6535517 13.6 0.17 China Resources Gas 30.65 HKD 2,314 38.4 27,298 -7.0 -30.4 -35.1 2,100 66.3
5.39 2.6 0.3 1.3 0.4 14.9 Dec 21 B3ZXLP6 3.1 0.04 China Su (H) 3.53 HKD 1,839 95 6,171 -8.3 -41.9 -28.4 8,455 30.2
4.94 7.7 1.0 7.3 0.7 13.6 Mar 22 6460794 16.1 0.20 Chn Gas (Red Chip) 11.14 HKD 5,440 53.6 32,499 -7.8 -31.2 -50.6 9,452 107.6
4.87 11.7 1.5 9.3 3.5 13.5 Dec 21 BP3R4X3 0.4 0.00 Chongqing Water Grou 5.28 CNH 4,800 2.7 794 -3.1 -17.6 -7.4 6,458 34.3
2.36 13.3 2.9 10.0 1.1 24.3 Dec 21 6333937 43.2 0.53 ENN Energy Holdings 114.40 HKD 1,130 67.2 86,934 -10.6 -22.1 -25.7 2,284 269.2
8.43 7.9 1.0 -8.2 1.6 13.2 Dec 21 6913168 10.4 0.13 Guangdong Inv RC 7.20 HKD 6,538 44.6 21,021 -5.9 -27.3 -33.3 6,824 51.3
1.81 15.6 1.9 9.7 4.8 12.1 Dec 21 BP3RMH3 0.4 0.00 Luenmei Quantum (A) 7.20 CNH 2,288 4.2 797 -3.2 -20.1 -13.7 7,562 58.0
1.53 30.8 1.1 40.3 1.7 3.6 Dec 21 BP3RBM1 0.3 0.00 Shanghai DaZhong Pub 3.26 CNH 2,419 7 628 -0.6 -14.0 -15.3 14,583 47.9
2.12 14.9 1.8 16.2 1.0 12.0 Dec 21 BP3R7C3 0.7 0.01 Shenzhen Gas (A) (SC 7.53 CNH 2,877 5.5 1,367 5.3 -14.7 -30.2 25,624 204.2
4.11 6.8 0.7 20.8 4.5 10.9 Dec 21 BD5CH99 0.4 0.01 Zhongshan Public Uti 7.30 CNH 1,475 7 858 -2.1 -17.5 -18.0 5,934 43.2
4.16 8.0 1.1 9.0 0.9 15.1 201,341 -8.8 -26.3 -33.9 - -
Waste and Disposal Services
0.47 17.1 0.8 -12.3 2.1 5.1 Dec 21 BD5CNZ7 7.6 0.01 Beijing Originwater 5.51 CNH 3,624 7 1,592 -0.9 -23.4 -27.3 28,425 156.4

5–45
FTSE All-World Review August 2022

China - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% HKD (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Waste and Disposal Services
8.74 3.0 0.5 -5.2 0.5 16.2 Dec 21 6630940 66.7 0.08 China Everbright Int 3.89 HKD 6,143 58.6 14,015 -6.9 -37.9 -27.7 9,418 37.0
0.35 38.6 2.8 53.9 2.1 7.5 Dec 21 BD5CFW8 15.2 0.02 GEM (A) (SC SZ) 8.35 CNH 4,784 7 3,183 -14.4 -19.3 -37.8 113,267 1,045.5
1.03 9.9 1.1 19.0 1.5 11.6 Dec 21 BF2X0W3 4.1 0.01 Shanghai Environment 9.71 CNH 1,122 7 868 -3.3 -22.9 -17.4 4,145 40.4
0.39 24.7 5.6 36.1 10.3 26.8 Dec 21 BYZW4G2 6.4 0.01 Zhejiang Weiming Env 25.46 CNH 1,694 2.7 1,351 -13.3 -9.4 16.1 8,299 233.4
5.99 4.3 0.6 -7.8 0.7 15.2 21,009 -8.7 -34.1 -28.7 - -
FTSE China
2.44 11.7 1.3 6.6 1.1 11.5 16,509,522 0.0 -20.6 -28.8 - -

5–46
August 2022 FTSE Russell

Colombia - Overview EMERGING

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Grupo de Inversiones Investment Banking & Brokerage 15,520.00 0.78 Grupo de Inversiones Investment Banking & Brokerage 37,000.00 92.71
Ecopetrol SA Oil Gas and Coal 2,257.00 -1.01 BanColombia S.A. Banks 34,200.00 10.07
Bancolombia PN Banks 30,580.00 -3.29 Bancolombia PN Banks 30,580.00 -2.61
BanColombia S.A. Banks 34,200.00 -4.97 Grupo de Inversiones Investment Banking & Brokerage 15,520.00 -13.05
Interconexion Electr Electricity 19,170.00 -6.94 Ecopetrol SA Oil Gas and Coal 2,257.00 -14.60

Interconexion Electr Electricity 19,170.00 -6.94 Grupo de Inversiones Investment Banking & Brokerage 15,520.00 -13.05
Grupo de Inversiones Investment Banking & Brokerage 37,000.00 -7.50 Ecopetrol SA Oil Gas and Coal 2,257.00 -14.60
Grupo Aval Acciones Banks 665.00 -10.14 Interconexion Electr Electricity 19,170.00 -15.55
Cementos Argos Construction and Materials 3,489.00 -10.54 Grupo Aval Acciones Banks 665.00 -28.64
BAC Holding Internat Banks 225.00 -16.67 Cementos Argos Construction and Materials 3,489.00 -40.86

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Grupo de Inversiones Investment Banking & Brokerage 15,520.00 2.29 0.02 Grupo de Inversiones Investment Banking & Brokerage 37,000.00 7.12 7.02
Ecopetrol SA Oil Gas and Coal 2,257.00 20.13 -0.20 Grupo Argos S.A. ON Construction & Materials Del Del 1.00
Cementos Argos Construction and Materials 3,489.00 3.23 -0.36 BanColombia S.A. Banks 34,200.00 17.70 0.98

Country Details
BAC Holding Internat Banks 225.00 2.25 -0.43 BAC Holding Internat Banks 225.00 2.25 0.52
Grupo de Inversiones Investment Banking & Brokerage 37,000.00 7.12 -0.55 Corporacion Financie Financial Services Del Del 0.08

Grupo de Inversiones Investment Banking & Brokerage 37,000.00 7.12 -0.55 Bancolombia PN Banks 30,580.00 25.86 -1.24
Grupo Aval Acciones Banks 665.00 5.51 -0.59 Grupo Aval Acciones Banks 665.00 5.51 -2.13
Bancolombia PN Banks 30,580.00 25.86 -0.84 Cementos Argos Construction and Materials 3,489.00 3.23 -2.18
BanColombia S.A. Banks 34,200.00 17.70 -0.88 Interconexion Electr Electricity 19,170.00 15.92 -2.94
Interconexion Electr Electricity 19,170.00 15.92 -1.13 Ecopetrol SA Oil Gas and Coal 2,257.00 20.13 -3.94

FTSE Colombia Index Performance % FTSE Colombia Index Volatility %

130 140

120 120

100
110
80
100
60

5–47
90
40
80
20

70 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country vol 1m vol 3m

5–47
FTSE All-World Review August 2022

Colombia - Industry/Sector/Style Summary EMERGING

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % COP (mn) Wgt % Stocks Cont1M%
4.87 7.1 0.8 3.0 1.0 12.2 Financials 7405.21 -5.36 -2.98 8.88 5432.63 -5.36 0.17 13.27 32,209,517 60.72 6 -3.27
5.30 6.6 0.9 2.7 1.1 15.1 Banks 8057.19 -5.31 -4.68 -1.11 6307.82 -5.31 -1.19 3.13 27,221,782 51.32 4 -2.73
2.51 11.4 0.6 9.9 0.7 5.2 Investment Banking & Brokerage 8482.21 -5.61 7.65 58.37 5668.56 -5.61 9.10 62.64 4,987,735 9.40 2 -0.53
6.32 8.8 0.6 4.5 0.5 7.6 Industrials 949.97 -10.54 -43.44 -35.33 540.36 -10.54 -41.88 -33.12 1,712,301 3.23 1 -0.36
6.32 8.8 0.6 4.5 0.5 7.6 Construction and Materials 1073.39 -10.54 -43.44 -35.33 610.30 -10.54 -41.88 -33.12 1,712,301 3.23 1 -0.36
19.85 5.5 1.3 4.7 1.0 27.5 Energy 2825.00 -1.01 -16.10 -14.60 2802.24 -1.01 -1.88 -0.13 10,679,826 20.13 1 -0.20
19.85 5.5 1.3 4.7 1.0 27.5 Oil Gas and Coal 2825.00 -1.01 -16.10 -14.60 2802.24 -1.01 -1.88 -0.13 10,679,826 20.13 1 -0.20
5.35 10.3 1.5 7.1 1.9 15.0 Utilities 12169.20 -6.94 -14.42 -15.55 8234.32 -6.94 -12.88 -11.44 8,444,019 15.92 1 -1.13
5.35 10.3 1.5 7.1 1.9 15.0 Electricity 12169.20 -6.94 -14.42 -15.55 8234.32 -6.94 -12.88 -11.44 8,444,019 15.92 1 -1.13
8.01 7.1 0.9 3.7 1.0 13.3 FTSE Colombia 3961.37 -4.95 -10.44 -3.10 2846.95 -4.95 -5.30 3.40 53,045,663 100.00 9 -

Colombia - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% COP (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Banks
0.00 6.4 0.7 6.1 N/A 10.4 Dec 20 BNBTK73 4.4 2.25 BAC Holding Internat 225.00 COP 43,220 12.2 1,191,102 -16.7 - - 661 166.2
5.53 6.9 0.9 2.9 1.3 14.6 Dec 21 BJ62LW1 50.4 25.86 Bancolombia PN 30,580.00 COP 452 99.2 13,717,841 -3.3 -4.4 -2.6 527 17,309.4
4.94 7.7 1.0 3.2 1.4 14.6 Dec 21 BJ62K57 34.5 17.70 BanColombia S.A. 34,200.00 COP 510 53.8 9,391,517 -5.0 -1.4 10.1 206 7,529.8
7.57 4.1 0.7 1.3 0.4 17.7 Dec 21 B66Y3W0 10.7 5.51 Grupo Aval Acciones 665.00 COP 7,671 57.2 2,921,322 -10.1 -24.5 -28.6 2,021 1,464.4
5.30 6.6 0.9 2.7 1.1 15.1 27,221,782 -5.3 -4.7 -1.1 - -
Investment Banking & Brokerage
1.87 15.2 0.7 13.3 0.9 5.2 Dec 21 BMSK715 75.7 7.12 Grupo de Inversiones 37,000.00 COP 467 21.8 3,775,134 -7.5 23.3 92.7 18 699.5
4.47 6.4 0.3 5.6 0.4 5.2 Dec 21 B4ZRC96 24.3 2.29 Grupo de Inversiones 15,520.00 COP 113 69.1 1,212,602 0.8 -30.2 -13.1 35 547.4
2.51 11.4 0.6 9.9 0.7 5.2 4,987,735 -5.6 7.7 58.4 - -
Construction and Materials
6.32 8.8 0.6 4.5 0.5 7.6 Dec 21 B89Z692 100.0 3.23 Cementos Argos 3,489.00 COP 1,171 41.9 1,712,301 -10.5 -42.9 -40.9 349 1,303.5
6.32 8.8 0.6 4.5 0.5 7.6 1,712,301 -10.5 -43.4 -35.3 - -
Oil Gas and Coal
19.85 5.5 1.3 4.7 1.0 27.5 Dec 21 B2473N4 100.0 20.13 Ecopetrol SA 2,257.00 COP 41,117 11.5 10,679,826 -1.0 -16.1 -14.6 8,410 19,529.9
19.85 5.5 1.3 4.7 1.0 27.5 10,679,826 -1.0 -16.1 -14.6 - -
Electricity
5.35 10.3 1.5 7.1 1.9 15.0 Dec 21 2205706 100.0 15.92 Interconexion Electr 19,170.00 COP 1,108 39.7 8,444,019 -6.9 -14.4 -15.6 279 5,649.9
5.35 10.3 1.5 7.1 1.9 15.0 8,444,019 -6.9 -14.4 -15.6 - -
FTSE Colombia
8.01 7.1 0.9 3.7 1.0 13.3 53,045,663 -5.0 -10.4 -3.1 - -

5–48
August 2022 FTSE Russell

Czech Republic - Overview WORLD/EMERGING

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Moneta Money Bank Banks 77.30 -3.62 CEZ Electricity 987.00 45.47
Komercni Banka Banks 574.50 -5.51 Moneta Money Bank Banks 77.30 -11.45
CEZ Electricity 987.00 -9.70 Komercni Banka Banks 574.50 -30.57

Moneta Money Bank Banks 77.30 -3.62 CEZ Electricity 987.00 45.47
Komercni Banka Banks 574.50 -5.51 Moneta Money Bank Banks 77.30 -11.45
CEZ Electricity 987.00 -9.70 Komercni Banka Banks 574.50 -30.57

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Moneta Money Bank Banks 77.30 11.56 -0.40 CEZ Electricity 987.00 69.37 24.02
Komercni Banka Banks 574.50 19.07 -1.02 Moneta Money Bank Banks 77.30 11.56 -1.71
CEZ Electricity 987.00 69.37 -6.84 Komercni Banka Banks 574.50 19.07 -9.69

Moneta Money Bank Banks 77.30 11.56 -0.40 CEZ Electricity 987.00 69.37 24.02
Komercni Banka Banks 574.50 19.07 -1.02 Moneta Money Bank Banks 77.30 11.56 -1.71
CEZ Electricity 987.00 69.37 -6.84 Komercni Banka Banks 574.50 19.07 -9.69

Country Details
FTSE Czech Republic Index Performance % FTSE Czech Republic Index Volatility %
150 70
140
60
130
50
120
110 40

100 30
90
20
80
70 10

60 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–49

5–49
FTSE All-World Review August 2022

Czech Republic - Industry/Sector/Style Summary WORLD/EMERGING

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % CZK (mn) Wgt % Stocks Cont1M%
12.21 7.9 1.0 5.1 2.6 13.3 Financials 2536.67 -4.80 -32.02 -24.44 1076.77 -4.80 -27.73 -17.41 68,998 30.63 2 -1.42
12.21 7.9 1.0 5.1 2.6 13.3 Banks 2536.67 -4.80 -32.02 -24.44 1076.77 -4.80 -27.73 -17.41 68,998 30.63 2 -1.42
4.86 46.5 3.3 9.0 2.4 5.8 Utilities 6193.62 -9.70 19.35 45.47 2640.30 -9.70 24.99 52.35 156,277 69.37 1 -6.84
4.86 46.5 3.3 9.0 2.4 5.8 Electricity 6193.62 -9.70 19.35 45.47 2640.30 -9.70 24.99 52.35 156,277 69.37 1 -6.84
7.11 18.7 1.9 7.3 2.4 9.7 FTSE Czech Republic 1528.06 -8.25 -3.19 12.64 715.27 -8.25 2.17 20.32 225,275 100.00 3 -

Czech Republic - Constituent Report WORLD/EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% CZK (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Banks
11.78 7.5 0.9 5.5 2.3 12.1 Dec 21 4519449 62.3 19.07 Komercni Banka 574.50 CZK 189 39.6 42,965 0.0 -5.5 -38.6 -30.6 196 119.1
12.94 8.6 1.3 4.6 3.1 16.2 Dec 21 BD3CQ16 37.7 11.56 Moneta Money Bank 77.30 CZK 511 65.9 26,033 0.0 -3.6 -17.5 -11.5 370 29.7
12.21 7.9 1.0 5.1 2.6 13.3 68,998 -4.8 -32.0 -24.4 - -
Electricity
4.86 46.5 3.3 9.0 2.4 5.8 Dec 21 5624030 100.0 69.37 CEZ 987.00 CZK 537 29.5 156,277 0.0 -9.7 19.3 45.5 264 272.6
4.86 46.5 3.3 9.0 2.4 5.8 156,277 -9.7 19.3 45.5 - -
FTSE Czech Republic
7.11 18.7 1.9 7.3 2.4 9.7 225,275 -8.3 -3.2 12.6 - -

5–50
August 2022 FTSE Russell

Denmark - Overview WORLD/DEVELOPED

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Carlsberg B Beverages 965.80 2.74 Novo-Nordisk B Pharmaceuticals & Biotechnology 792.50 26.25
Genmab Pharmaceuticals & Biotechnology 2,640.00 1.73 Tryg A/S Non-life Insurance 167.65 7.50
Tryg A/S Non-life Insurance 167.65 1.15 A P Moller Maersk A Industrial Transportation 17,360.00 1.82
SimCorp Software and Computer Services 543.20 0.41 A P Moller - Maersk Industrial Transportation 17,755.00 -0.64
Coloplast B Medical Equipment and Services 848.20 -0.14 Danske Bank A/S Banks 99.18 -6.30

Gn Store Nordic Medical Equipment and Services 210.30 -16.71 SimCorp Software and Computer Services 543.20 -36.75
Pandora A/S Personal Goods 447.10 -16.83 Pandora A/S Personal Goods 447.10 -40.38
Demant Medical Equipment and Services 228.50 -17.45 ROCKWOOL A/S B Construction and Materials 1,530.50 -54.08
H. Lundbeck A Pharmaceuticals & Biotechnology 28.34 -18.39 Gn Store Nordic Medical Equipment and Services 210.30 -55.62
H. Lundbeck B Pharmaceuticals & Biotechnology 29.07 -19.26 Ambu A/S Medical Equipment and Services 74.64 -62.51

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Genmab Pharmaceuticals & Biotechnology 2,640.00 5.75 0.09 Novo-Nordisk B Pharmaceuticals & Biotechnology 792.50 45.50 8.89
Carlsberg B Beverages 965.80 3.36 0.08 Tryg A/S Non-life Insurance 167.65 2.21 0.14
Tryg A/S Non-life Insurance 167.65 2.21 0.02 A P Moller Maersk A Industrial Transportation 17,360.00 2.67 0.04

Country Details
SimCorp Software and Computer Services 543.20 0.79 0.00 A P Moller - Maersk Industrial Transportation 17,755.00 3.47 0.02
Coloplast B Medical Equipment and Services 848.20 4.14 -0.01 H. Lundbeck A Pharmaceuticals & Biotechnology 28.34 0.06 -0.04

A P Moller Maersk A Industrial Transportation 17,360.00 2.67 -0.29 Coloplast B Medical Equipment and Services 848.20 4.14 -1.10
A P Moller - Maersk Industrial Transportation 17,755.00 3.47 -0.37 Gn Store Nordic Medical Equipment and Services 210.30 0.98 -1.15
Orsted Electricity 726.90 5.03 -0.77 Orsted Electricity 726.90 5.03 -1.76
DSV Industrial Transportation 1,096.50 7.67 -0.80 Vestas Wind Systems Alternative Energy 186.42 6.88 -2.32
Novo-Nordisk B Pharmaceuticals & Biotechnology 792.50 45.50 -3.29 DSV Industrial Transportation 1,096.50 7.67 -3.38

FTSE Denmark Index Performance % FTSE Denmark Index Volatility %

190 50
180
170 40
160
150
30
140
130
120 20

5–51
110
100 10
90
80 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–51
FTSE All-World Review August 2022

Denmark - Industry/Sector/Style Summary WORLD/DEVELOPED

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % DKK (mn) Wgt % Stocks Cont1M%
1.38 25.4 8.9 31.7 5.8 37.8 Technology 696.86 0.41 -24.01 -36.75 714.26 0.41 -22.85 -35.79 21,417 0.79 1 0.00
1.38 25.4 8.9 31.7 5.8 37.8 Software and Computer Services 696.86 0.41 -24.01 -36.75 714.26 0.41 -22.85 -35.79 21,417 0.79 1 0.00
1.29 34.0 14.5 31.2 9.8 48.5 Health Care 15932.80 -6.53 -1.91 6.61 26470.90 -6.17 -0.75 8.03 1,706,405 62.71 10 -4.08
1.59 24.8 10.0 24.6 4.5 43.1 Medical Equipment and Services 13680.70 -6.22 -34.69 -36.31 19894.60 -6.22 -34.41 -35.55 174,397 6.41 4 -0.40
1.26 35.4 15.3 32.1 11.3 49.3 Pharmaceuticals & Biotechnology 25563.50 -6.56 4.02 15.46 41663.90 -6.16 5.36 17.00 1,532,008 56.30 6 -3.69
2.55 10.9 0.8 2.6 0.9 8.0 Financials 389.60 -0.72 -5.26 -0.12 1025.86 -0.72 -3.20 2.34 125,322 4.61 2 -0.03
2.02 6.8 0.5 1.4 0.5 7.5 Banks 363.53 -2.38 -12.19 -6.30 1006.26 -2.38 -10.64 -4.64 65,148 2.39 1 -0.05
3.13 31.2 2.2 29.9 4.5 11.4 Non-life Insurance 1112.30 1.15 3.81 7.50 3694.30 1.15 6.56 11.16 60,174 2.21 1 0.02
3.58 9.5 6.0 6.7 1.8 61.3 Consumer Discretionary 607.59 -16.83 -45.17 -40.38 747.36 -16.83 -43.60 -38.68 40,707 1.50 1 -0.28
3.58 9.5 6.0 6.7 1.8 61.3 Personal Goods 1310.89 -16.83 -45.17 -40.38 2592.38 -16.83 -43.60 -38.68 40,707 1.50 1 -0.28
2.51 19.1 3.5 10.7 2.2 18.9 Consumer Staples 1747.91 -0.47 -16.99 -18.18 3296.62 -0.47 -14.67 -15.90 118,035 4.34 2 -0.02
2.51 19.1 3.5 10.7 2.2 18.9 Beverages 951.75 -0.47 -16.99 -18.18 1602.22 -0.47 -14.67 -15.90 118,035 4.34 2 -0.02
6.49 5.5 1.8 4.8 1.1 42.7 Industrials 313.89 -10.37 -26.51 -21.69 572.80 -10.37 -22.42 -17.33 385,177 14.15 4 -1.53
2.29 13.7 1.8 10.2 1.4 14.1 Construction and Materials 25.39 -14.83 -46.49 -54.08 44.07 -14.83 -45.54 -53.27 9,450 0.35 1 -0.06
6.60 5.5 1.8 4.7 1.1 43.7 Industrial Transportation 5192.29 -10.25 -25.82 -20.30 7527.73 -10.25 -21.60 -15.77 375,727 13.81 3 -1.47
0.20 45.4 5.3 25.3 1.6 11.8 Energy 419.35 -1.65 -6.79 -26.69 696.17 -1.65 -6.63 -26.57 187,248 6.88 1 -0.11
0.20 45.4 5.3 25.3 1.6 11.8 Alternative Energy 432.94 -1.65 -6.79 -26.69 718.74 -1.65 -6.63 -26.57 187,248 6.88 1 -0.11
1.72 29.7 4.8 25.1 3.9 14.1 Utilities 5726.87 -14.04 -12.97 -27.38 10654.40 -14.04 -11.68 -26.31 136,882 5.03 1 -0.77
1.72 29.7 4.8 25.1 3.9 14.1 Electricity 747.07 -14.04 -12.97 -27.38 758.12 -14.04 -11.68 -26.31 136,882 5.03 1 -0.77
2.12 18.0 4.5 12.6 3.0 32.4 FTSE Denmark 3667.96 -6.81 -9.32 -6.36 6926.86 -6.59 -7.47 -4.36 2,721,194 100.00 22 -

5–52
August 2022 FTSE Russell

Denmark - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% DKK (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Software and Computer Services
1.38 25.4 8.9 31.7 5.8 37.8 Dec 21 BBCR9N1 100.0 0.79 SimCorp 543.20 DKK 39 100 21,417 0.0 0.4 -24.0 -36.7 163 85.7
1.38 25.4 8.9 31.7 5.8 37.8 21,417 0.4 -24.0 -36.7 - -
Medical Equipment and Services
0.39 55.9 4.8 58.1 4.8 10.8 Sep 21 BD9G333 7.4 0.47 Ambu A/S 74.64 DKK 219 78.3 12,838 100.0 -9.5 -56.9 -62.5 2,658 198.0
2.24 36.5 22.1 34.1 9.3 63.6 Sep 21 B8FMRX8 64.6 4.14 Coloplast B 848.20 DKK 195 68.1 112,664 100.0 -0.1 -26.3 -22.3 302 259.1
0.00 19.2 6.3 15.4 2.7 32.5 Dec 21 BZ01RF1 12.8 0.82 Demant 228.50 DKK 221 44 22,236 100.0 -17.4 -31.8 -36.0 519 127.7
0.74 10.5 4.3 12.6 1.7 44.7 Dec 21 4501093 15.3 0.98 Gn Store Nordic 210.30 DKK 127 100 26,659 100.0 -16.7 -48.9 -55.6 935 222.6
1.59 24.8 10.0 24.6 4.5 43.1 174,397 -6.2 -34.7 -36.3 - -
Pharmaceuticals & Biotechnology
1.51 36.9 4.7 24.6 7.1 16.5 Aug 21 B573M11 2.9 1.63 Chr. Hansen Holding 432.20 DKK 132 77.9 44,380 100.0 -9.2 -16.1 -25.6 374 170.9
0.00 55.9 7.8 77.5 20.4 15.0 Dec 21 4595739 10.2 5.75 Genmab 2,640.00 DKK 65 90.5 156,398 100.0 1.7 0.4 -11.5 163 429.1
7.06 2.1 0.3 2.5 0.3 15.1 Dec 21 BMGTJR4 0.1 0.06 H. Lundbeck A 28.34 DKK 199 29.9 1,687 0.0 -18.4 -16.1 -23.8 230 7.3
0.00 8.7 1.3 10.2 1.4 15.1 Dec 21 BMGTJT6 0.5 0.25 H. Lundbeck B 29.07 DKK 795 29.9 6,921 0.0 -19.3 - - 2,389 76.1
1.41 35.3 24.4 31.4 12.2 72.8 Dec 21 BHC8X90 80.8 45.50 Novo-Nordisk B 792.50 DKK 1,709 91.4 1,238,203 71.9 -7.2 7.8 26.3 3,693 2,899.0
1.29 32.8 9.7 28.1 7.6 30.2 Dec 21 B798FW0 5.5 3.10 Novozymes A/S 425.60 DKK 222 89.2 84,419 6.3 -8.3 -20.8 -16.4 492 219.3
1.26 35.4 15.3 32.1 11.3 49.3 1,532,008 -6.6 4.0 15.5 - -
Banks
2.02 6.8 0.5 1.4 0.5 7.5 Dec 21 4588825 100.0 2.39 Danske Bank A/S 99.18 DKK 851 77.1 65,148 0.0 -2.4 -12.2 -6.3 1,433 143.5

Country Details
2.02 6.8 0.5 1.4 0.5 7.5 65,148 -2.4 -12.2 -6.3 - -
Non-life Insurance
3.13 31.2 2.2 29.9 4.5 11.4 Dec 21 BXDZ972 100.0 2.21 Tryg A/S 167.65 DKK 653 54.9 60,174 0.0 1.1 3.8 7.5 813 136.8
3.13 31.2 2.2 29.9 4.5 11.4 60,174 1.1 3.8 7.5 - -
Personal Goods
3.58 9.5 6.0 6.7 1.8 61.3 Dec 21 B44XTX8 100.0 1.50 Pandora A/S 447.10 DKK 94 97 40,707 0.0 -16.8 -45.2 -40.4 571 278.7
3.58 9.5 6.0 6.7 1.8 61.3 40,707 -16.8 -45.2 -40.4 - -
Beverages
2.48 18.9 3.0 9.9 2.0 17.0 Dec 21 4169219 77.4 3.36 Carlsberg B 965.80 DKK 107 88.4 91,363 0.0 2.7 -14.5 -12.2 326 314.3
2.61 19.9 8.0 15.0 3.0 40.4 Dec 21 BX8ZX20 22.6 0.98 ROYAL UNIBREW 556.60 DKK 48 100 26,672 0.0 -10.1 -24.5 -31.6 174 103.5
2.51 19.1 3.5 10.7 2.2 18.9 118,035 -0.5 -17.0 -18.2 - -
Construction and Materials
2.29 13.7 1.8 10.2 1.4 14.1 Dec 21 4713490 100.0 0.35 ROCKWOOL A/S B 1,530.50 DKK 11 59 9,450 0.0 -14.8 -46.5 -54.1 90 149.2
2.29 13.7 1.8 10.2 1.4 14.1 9,450 -14.8 -46.5 -54.1 - -
Industrial Transportation
14.08 2.8 1.1 2.4 0.8 48.6 Dec 21 4253048 25.1 3.47 A P Moller - Maersk 17,755.00 DKK 8 64.8 94,422 0.0 -10.3 -24.3 -0.6 41 818.3
14.40 2.9 1.1 2.4 0.8 48.6 Dec 21 4253059 19.3 2.67 A P Moller Maersk A 17,360.00 DKK 10 40.5 72,625 0.0 -10.6 -20.3 1.8 7 140.2
0.50 21.8 3.4 20.8 1.4 19.2 Dec 21 B1WT5G2 55.5 7.67 DSV 1,096.50 DKK 232 82.1 208,680 25.0 -10.1 -28.2 -31.7 470 555.1
6.60 5.5 1.8 4.7 1.1 43.7 375,727 -10.2 -25.8 -20.3 - -
Alternative Energy
0.20 45.4 5.3 25.3 1.6 11.8 Dec 21 BN4MYF5 100.0 6.88 Vestas Wind Systems 186.42 DKK 1,005 99.9 187,248 0.0 -1.6 -6.8 -26.7 4,113 784.1
0.20 45.4 5.3 25.3 1.6 11.8 187,248 -1.6 -6.8 -26.7 - -

5–53
Electricity
1.72 29.7 4.8 25.1 3.9 14.1 Dec 21 BYT16L4 100.0 5.03 Orsted 726.90 DKK 420 44.8 136,882 100.0 -14.0 -13.0 -27.4 723 575.6
1.72 29.7 4.8 25.1 3.9 14.1 136,882 -14.0 -13.0 -27.4 - -
FTSE Denmark
2.12 18.0 4.5 12.6 3.0 32.4 2,721,194 -6.8 -9.3 -6.4 - -

5–53
FTSE All-World Review August 2022

Egypt - Overview EMERGING

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Fawry for Banking Te Industrial Support Services 3.66 16.93 Egypt Kuwait Holding Investment Banking & Brokerage 1.31 15.80
Telecom Egypt Telecommunications Service Prov. 15.56 16.55 Telecom Egypt Telecommunications Service Prov. 15.56 5.63
Egypt Kuwait Holding Investment Banking & Brokerage 24.34 8.66 Eastern Tobacco Tobacco 9.75 -17.16
Elswedy Electric Co Electronic and Electrical Equipment 7.10 7.58 Elswedy Electric Co Electronic and Electrical Equipment 7.10 -18.30
Egypt Kuwait Holding Investment Banking & Brokerage 1.31 3.80 Commercial Intnl Bk Banks 38.15 -18.48

Egypt Kuwait Holding Investment Banking & Brokerage 24.34 8.66 Telecom Egypt Telecommunications Service Prov. 15.56 5.63
Elswedy Electric Co Electronic and Electrical Equipment 7.10 7.58 Eastern Tobacco Tobacco 9.75 -17.16
Egypt Kuwait Holding Investment Banking & Brokerage 1.31 3.80 Elswedy Electric Co Electronic and Electrical Equipment 7.10 -18.30
Commercial Intnl Bk Banks 38.15 0.66 Commercial Intnl Bk Banks 38.15 -18.48
Eastern Tobacco Tobacco 9.75 -1.02 Fawry for Banking Te Industrial Support Services 3.66 -58.50

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Fawry for Banking Te Industrial Support Services 3.66 8.87 1.34 Egypt Kuwait Holding Investment Banking & Brokerage 1.31 10.56 3.77
Telecom Egypt Telecommunications Service Prov. 15.56 5.01 0.74 Egypt Kuwait Holding Investment Banking & Brokerage 24.34 8.13 0.78
Egypt Kuwait Holding Investment Banking & Brokerage 24.34 8.13 0.67 Telecom Egypt Telecommunications Service Prov. 15.56 5.01 0.22
Egypt Kuwait Holding Investment Banking & Brokerage 1.31 10.56 0.56 Talaat Moustafa Grou Real Estate Investment & Services Del Del 0.18
Commercial Intnl Bk Banks 38.15 53.50 0.36 Elswedy Electric Co Electronic and Electrical Equipment 7.10 4.92 -0.93

Egypt Kuwait Holding Investment Banking & Brokerage 24.34 8.13 0.67 Talaat Moustafa Grou Real Estate Investment & Services Del Del 0.18
Egypt Kuwait Holding Investment Banking & Brokerage 1.31 10.56 0.56 Elswedy Electric Co Electronic and Electrical Equipment 7.10 4.92 -0.93
Commercial Intnl Bk Banks 38.15 53.50 0.36 Eastern Tobacco Tobacco 9.75 9.00 -1.57
Elswedy Electric Co Electronic and Electrical Equipment 7.10 4.92 0.36 Fawry for Banking Te Industrial Support Services 3.66 8.87 -5.58
Eastern Tobacco Tobacco 9.75 9.00 -0.10 Commercial Intnl Bk Banks 38.15 53.50 -11.56

FTSE Egypt Index Performance % FTSE Egypt Index Volatility %

120 90
80
110
70
100 60
50
90
40
80 30
20
70
10
60 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country vol 1m vol 3m

5–54
August 2022 FTSE Russell

Egypt - Industry/Sector/Style Summary EMERGING

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % EGP (mn) Wgt % Stocks Cont1M%
6.43 3.2 0.6 1.3 0.7 20.1 Telecommunications 1613.86 16.55 -7.22 5.63 760.75 16.55 -1.15 12.54 5,312 5.01 1 0.74
6.43 3.2 0.6 1.3 0.7 20.1 Telecommunications Service Prov. 2061.06 16.55 -7.22 5.63 862.56 16.55 -1.15 12.54 5,312 5.01 1 0.74
4.03 5.7 1.2 4.5 1.5 22.2 Financials 4906.76 2.18 -20.11 -9.41 2085.74 2.18 -17.34 -6.26 76,503 72.19 3 1.60
3.55 5.7 1.1 4.2 1.5 21.3 Banks 8702.77 0.66 -28.01 -18.48 3932.31 0.66 -25.91 -16.11 56,698 53.50 1 0.36
5.42 6.2 1.6 6.3 1.4 28.2 Investment Banking & Brokerage 3741.06 6.79 22.59 39.47 1700.15 6.79 29.56 47.39 19,805 18.69 2 1.23
16.41 5.1 1.8 3.2 1.4 36.9 Consumer Staples 233.91 -1.02 -9.05 -17.16 281.28 -1.02 -9.05 -4.36 9,543 9.00 1 -0.10
16.41 5.1 1.8 3.2 1.4 36.9 Tobacco 949.78 -1.02 -9.05 -17.16 873.78 -1.02 -9.05 -4.36 9,543 9.00 1 -0.10
2.01 10.6 1.9 -26.9 0.7 19.9 Industrials 6034.31 13.41 -39.54 -44.92 5543.18 13.41 -39.54 -44.92 14,618 13.79 2 1.70
5.63 4.3 0.8 -5.0 0.3 20.0 Electronic and Electrical Equipment 5074.84 7.58 -27.77 -18.30 4469.54 7.58 -27.77 -18.30 5,214 4.92 1 0.36
0.00 59.3 8.8 18.9 7.3 19.0 Industrial Support Services 40.95 16.93 -47.22 40.95 16.93 -47.22 9,404 8.87 1 1.34
4.99 5.8 1.2 4.5 1.2 22.7 FTSE Egypt 3975.45 3.94 -21.32 -14.50 1926.01 3.94 -19.00 -10.95 105,977 100.00 7 -

Egypt - Constituent Report EMERGING

Country Details
Fiscal Weight % Shares MCap Performance Vol Avg (1M)
Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% EGP (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Telecommunications Service Prov.
6.43 3.2 0.6 1.3 0.7 20.1 Dec 21 B0S6009 100.0 5.01 Telecom Egypt 15.56 EGP 1,707 20 5,312 16.6 -7.2 5.6 1,052 15.3
6.43 3.2 0.6 1.3 0.7 20.1 5,312 16.6 -7.2 5.6 - -
Banks
3.55 5.7 1.1 4.2 1.5 21.3 Dec 21 6243898 100.0 53.50 Commercial Intnl Bk 38.15 EGP 1,983 74.9 56,698 0.7 -28.0 -18.5 4,633 179.4
3.55 5.7 1.1 4.2 1.5 21.3 56,698 0.7 -28.0 -18.5 - -
Investment Banking & Brokerage
5.34 6.2 1.6 6.3 1.4 28.2 Dec 21 B0QMD00 56.5 10.56 Egypt Kuwait Holding 1.31 USD 666 66.7 11,192 3.8 -0.5 15.8 86 0.1
5.52 N/A N/A N/A N/A N/A BMW7JG1 43.5 8.13 Egypt Kuwait Holding 24.34 EGP 461 76.7 8,614 8.7 23.9 - 355 8.5
5.42 6.2 1.6 6.3 1.4 28.2 19,805 6.8 22.6 39.5 - -
Tobacco
16.41 5.1 1.8 3.2 1.4 36.9 Jun 21 6298177 100.0 9.00 Eastern Tobacco 9.75 EGP 2,250 43.5 9,543 -1.0 -9.0 -17.2 1,857 18.8
16.41 5.1 1.8 3.2 1.4 36.9 9,543 -1.0 -9.0 -17.2 - -
Electronic and Electrical Equipment
5.63 4.3 0.8 -5.0 0.3 20.0 Dec 21 B15Q010 100.0 4.92 Elswedy Electric Co 7.10 EGP 2,171 33.8 5,214 7.6 -27.8 -18.3 2,151 15.8
5.63 4.3 0.8 -5.0 0.3 20.0 5,214 7.6 -27.8 -18.3 - -
Industrial Support Services
0.00 59.3 8.8 18.9 7.3 19.0 Dec 21 BJGWQG0 100.0 8.87 Fawry for Banking Te 3.66 EGP 3,307 77.6 9,404 16.9 -47.2 -58.5 16,286 61.0
0.00 59.3 8.8 18.9 7.3 19.0 9,404 16.9 -47.2 - - -

5–55
FTSE Egypt
4.99 5.8 1.2 4.5 1.2 22.7 105,977 3.9 -21.3 -14.5 - -

5–55
FTSE All-World Review August 2022

Finland - Overview WORLD/DEVELOPED

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
UPM-Kymmene Industrial Materials 33.89 9.71 Orion B Pharmaceuticals & Biotechnology 45.17 30.81
Sampo Oyi Non-life Insurance 45.10 7.02 Sampo Oyi Non-life Insurance 45.10 7.76
Stora Enso R Industrial Materials 14.88 -1.23 Nokia Telecommunications Equipment 5.01 -1.34
Elisa Telecommunications Service Prov. 53.26 -1.44 UPM-Kymmene Industrial Materials 33.89 -1.57
Neste Oyj Oil Gas and Coal 49.25 -1.66 Elisa Telecommunications Service Prov. 53.26 -1.81

Valmet Industrial Engineering 25.30 -6.57 Wartsila B Industrial Engineering 8.23 -31.41
Huhtamaki General Industrials 34.92 -8.13 Kesko B Personal Care, Drug & Grocery St. 20.98 -39.99
Nokian Tyres Automobiles and Parts 10.37 -9.87 Kone B Industrial Engineering 39.92 -42.78
Kone B Industrial Engineering 39.92 -10.29 Fortum Electricity 10.25 -60.17
Kesko B Personal Care, Drug & Grocery St. 20.98 -13.02 Nokian Tyres Automobiles and Parts 10.37 -67.81

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
UPM-Kymmene Industrial Materials 33.89 9.43 0.82 Sampo Oyi Non-life Insurance 45.10 11.54 0.73
Sampo Oyi Non-life Insurance 45.10 11.54 0.74 Orion B Pharmaceuticals & Biotechnology 45.17 2.45 0.49
Stora Enso R Industrial Materials 14.88 4.46 -0.05 Elisa Telecommunications Service Prov. 53.26 3.99 -0.06
Elisa Telecommunications Service Prov. 53.26 3.99 -0.06 UPM-Kymmene Industrial Materials 33.89 9.43 -0.15
Metso Outotec Industrial Engineering 7.82 2.48 -0.06 Nokia Telecommunications Equipment 5.01 14.76 -0.19

Neste Oyj Oil Gas and Coal 49.25 10.70 -0.18 Nordea Bank Abp Banks 9.27 18.31 -1.05
Nokia Telecommunications Equipment 5.01 14.76 -0.25 Nokian Tyres Automobiles and Parts 10.37 0.73 -1.32
Kesko B Personal Care, Drug & Grocery St. 20.98 2.96 -0.44 Kesko B Personal Care, Drug & Grocery St. 20.98 2.96 -1.69
Nordea Bank Abp Banks 9.27 18.31 -0.67 Fortum Electricity 10.25 2.31 -2.98
Kone B Industrial Engineering 39.92 8.18 -0.92 Kone B Industrial Engineering 39.92 8.18 -5.29

FTSE Finland Index Performance % FTSE Finland Index Volatility %

140 70

130 60

50
120
40
110
30
100
20
90
10

80 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–56
August 2022 FTSE Russell

Finland - Industry/Sector/Style Summary WORLD/DEVELOPED

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % EUR (mn) Wgt % Stocks Cont1M%
1.45 14.7 1.9 11.4 1.5 15.2 Telecommunications 201.37 -1.65 -8.40 -1.44 372.12 -1.65 -7.06 0.00 35,866 18.75 2 -0.31
0.80 13.6 1.6 10.8 1.3 13.9 Telecommunications Equipment 1461.22 -1.71 -10.08 -1.34 1473.13 -1.71 -9.35 -0.53 28,231 14.76 1 -0.25
3.85 21.2 7.1 14.3 4.3 33.8 Telecommunications Service Prov. 1048.84 -1.44 -1.59 -1.81 1131.35 -1.44 2.14 1.91 7,635 3.99 1 -0.06
3.32 32.7 8.8 30.5 6.3 27.2 Health Care 903.73 -3.09 23.69 30.81 1787.74 -3.09 28.19 35.58 4,695 2.45 1 -0.08
3.32 32.7 8.8 30.5 6.3 27.2 Pharmaceuticals & Biotechnology 357.78 -3.09 23.69 30.81 756.65 -3.09 28.19 35.58 4,695 2.45 1 -0.08
11.13 8.9 1.4 7.4 2.4 15.7 Financials 856.80 0.25 -6.49 -1.26 4369.74 0.25 -0.49 9.62 57,093 29.84 2 0.07
15.21 8.8 1.1 5.3 3.1 12.7 Banks 140.36 -3.60 -14.07 -6.73 233.86 -3.60 -7.71 7.12 35,021 18.31 1 -0.67
4.66 9.0 2.2 20.5 1.7 25.3 Non-life Insurance 1482.69 7.02 6.98 7.76 7500.38 7.02 12.31 13.13 22,072 11.54 1 0.74
2.27 4.0 1.0 27.2 10.5 27.0 Real Estate 1043.07 -4.19 -21.33 -18.88 1061.89 -4.19 -19.91 -17.42 3,255 1.70 1 -0.07
2.27 4.0 1.0 27.2 10.5 27.0 Real Estate Investment & Services 562.40 -4.19 -21.33 -18.88 2627.26 -4.19 -19.91 -17.42 3,255 1.70 1 -0.07
11.09 6.7 0.9 3.6 0.8 13.6 Consumer Discretionary 484.86 -9.87 -68.86 -67.81 1650.33 -9.87 -67.45 -65.73 1,404 0.73 1 -0.08
11.09 6.7 0.9 3.6 0.8 13.6 Automobiles and Parts 306.13 -9.87 -68.86 -67.81 908.07 -9.87 -67.45 -65.73 1,404 0.73 1 -0.08
4.29 13.9 3.4 7.4 0.8 25.8 Consumer Staples 761.30 -13.02 -28.49 -39.99 2190.36 -13.02 -26.82 -37.82 5,664 2.96 1 -0.44
4.29 13.9 3.4 7.4 0.8 25.8 Personal Care, Drug & Grocery St. 1269.72 -13.02 -28.49 -39.99 4069.00 -13.02 -26.82 -37.82 5,664 2.96 1 -0.44
3.81 16.5 3.6 10.6 1.4 22.5 Industrials 17650.90 -7.70 -30.91 -34.99 56467.30 -7.70 -28.90 -32.85 31,859 16.65 5 -1.36
2.66 17.3 2.4 16.4 1.0 15.0 General Industrials 15890.60 -8.13 -10.21 -22.76 47830.70 -8.13 -8.96 -20.76 3,238 1.69 1 -0.15
3.94 16.4 3.8 10.2 1.4 23.8 Industrial Engineering 1088.27 -7.65 -32.68 -36.17 3578.42 -7.65 -30.64 -34.05 28,620 14.96 4 -1.22
3.79 11.8 1.4 11.4 1.5 13.1 Basic Materials 392.98 5.95 -1.83 -4.53 1505.61 5.95 2.00 -0.81 26,581 13.89 2 0.77

Country Details
3.79 11.8 1.4 11.4 1.5 13.1 Industrial Materials 494.36 5.95 -1.83 -4.53 2095.92 5.95 2.00 -0.81 26,581 13.89 2 0.77
1.64 20.9 5.4 19.0 2.5 28.0 Energy 7118.97 -1.66 13.58 -4.44 18078.60 -1.66 14.76 -2.67 20,474 10.70 1 -0.18
1.64 20.9 5.4 19.0 2.5 28.0 Oil Gas and Coal 7118.97 -1.66 13.58 -4.44 18078.60 -1.66 14.76 -2.67 20,474 10.70 1 -0.18
11.13 10.1 0.8 1.8 0.1 7.2 Utilities 1056.89 -6.14 -62.04 -60.17 4463.66 -6.14 -59.30 -57.29 4,416 2.31 1 -0.15
11.13 10.1 0.8 1.8 0.1 7.2 Electricity 1056.89 -6.14 -62.04 -60.17 4463.66 -6.14 -59.30 -57.29 4,416 2.31 1 -0.15
5.52 12.0 1.8 9.0 1.2 16.2 FTSE Finland 846.49 -1.82 -14.30 -14.78 2486.49 -1.82 -11.05 -10.26 191,307 100.00 17 -

5–57

5–57
FTSE All-World Review August 2022

Finland - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% EUR (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Telecommunications Equipment
0.80 13.6 1.6 10.8 1.3 13.9 Dec 21 5902941 100.0 14.76 Nokia 5.01 EUR 5,634 99.9 28,231 50.0 -1.7 -10.1 -1.3 12,842 64.5
0.80 13.6 1.6 10.8 1.3 13.9 28,231 -1.7 -10.1 -1.3 - -
Telecommunications Service Prov.
3.85 21.2 7.1 14.3 4.3 33.8 Dec 21 5701513 100.0 3.99 Elisa 53.26 EUR 160 89.4 7,635 50.0 -1.4 -1.6 -1.8 347 18.7
3.85 21.2 7.1 14.3 4.3 33.8 7,635 -1.4 -1.6 -1.8 - -
Pharmaceuticals & Biotechnology
3.32 32.7 8.8 30.5 6.3 27.2 Dec 21 B17NY40 100.0 2.45 Orion B 45.17 EUR 106 98.2 4,695 75.0 -3.1 23.7 30.8 302 14.0
3.32 32.7 8.8 30.5 6.3 27.2 4,695 -3.1 23.7 30.8 - -
Banks
15.21 8.8 1.1 5.3 3.1 12.7 Dec 21 BFM0SV9 100.0 18.31 Nordea Bank Abp 9.27 EUR 3,779 100 35,021 0.0 -3.6 -14.1 -6.7 6,064 57.9
15.21 8.8 1.1 5.3 3.1 12.7 35,021 -3.6 -14.1 -6.7 - -
Non-life Insurance
4.66 9.0 2.2 20.5 1.7 25.3 Dec 21 5226038 100.0 11.54 Sampo Oyi 45.10 EUR 537 91.1 22,072 25.0 7.0 7.0 7.8 1,170 52.0
4.66 9.0 2.2 20.5 1.7 25.3 22,072 7.0 7.0 7.8 - -
Real Estate Investment & Services
2.27 4.0 1.0 27.2 10.5 27.0 Dec 21 BFYR8L8 100.0 1.70 Kojamo 16.71 EUR 247 78.8 3,255 0.0 -4.2 -21.3 -18.9 375 6.4
2.27 4.0 1.0 27.2 10.5 27.0 3,255 -4.2 -21.3 -18.9 - -
Automobiles and Parts
11.09 6.7 0.9 3.6 0.8 13.6 Dec 21 B07G378 100.0 0.73 Nokian Tyres 10.37 EUR 138 97.9 1,404 50.0 -9.9 -68.9 -67.8 1,199 13.0
11.09 6.7 0.9 3.6 0.8 13.6 1,404 -9.9 -68.9 -67.8 - -
Personal Care, Drug & Grocery St.
4.29 13.9 3.4 7.4 0.8 25.8 Dec 21 4490005 100.0 2.96 Kesko B 20.98 EUR 271 99.8 5,664 0.0 -13.0 -28.5 -40.0 595 13.4
4.29 13.9 3.4 7.4 0.8 25.8 5,664 -13.0 -28.5 -40.0 - -
General Industrials
2.66 17.3 2.4 16.4 1.0 15.0 Dec 21 4447476 100.0 1.69 Huhtamaki 34.92 EUR 104 88.8 3,238 75.0 -8.1 -10.2 -22.8 209 7.8
2.66 17.3 2.4 16.4 1.0 15.0 3,238 -8.1 -10.2 -22.8 - -
Industrial Engineering
4.38 16.6 5.6 11.1 1.7 33.5 Dec 21 B09M9D2 54.7 8.18 Kone B 39.92 EUR 442 88.7 15,650 75.0 -10.3 -36.2 -42.8 1,215 50.1
2.81 15.7 2.9 12.8 1.5 19.3 Dec 21 B1FN8X9 16.5 2.48 Metso Outotec 7.82 EUR 829 73 4,736 25.0 -2.6 -16.3 -13.5 2,003 16.2
4.74 14.1 3.5 9.7 1.2 26.9 Dec 21 BH6XZT5 14.8 2.21 Valmet 25.30 EUR 184 90.9 4,236 0.0 -6.6 -32.9 -25.5 640 16.7
2.67 19.7 2.1 6.6 1.0 11.0 Dec 21 4525189 14.0 2.09 Wartsila B 8.23 EUR 590 82.2 3,998 75.0 -3.7 -33.4 -31.4 1,849 15.9
3.94 16.4 3.8 10.2 1.4 23.8 28,620 -7.7 -32.7 -36.2 - -
Industrial Materials
3.70 9.1 1.1 7.9 1.2 13.3 Dec 21 5072673 32.1 4.46 Stora Enso R 14.88 EUR 612 93.6 8,532 0.0 -1.2 -7.8 -10.3 1,909 29.0
3.84 13.8 1.7 14.5 1.8 12.9 Dec 21 5051252 67.9 9.43 UPM-Kymmene 33.89 EUR 533 99.8 18,049 0.0 9.7 1.3 -1.6 1,628 54.4
3.79 11.8 1.4 11.4 1.5 13.1 26,581 5.9 -1.8 -4.5 - -
Oil Gas and Coal
1.64 20.9 5.4 19.0 2.5 28.0 Dec 21 B06YV46 100.0 10.70 Neste Oyj 49.25 EUR 768 54.1 20,474 75.0 -1.7 13.6 -4.4 1,159 57.8
1.64 20.9 5.4 19.0 2.5 28.0 20,474 -1.7 13.6 -4.4 - -
Electricity
11.13 10.1 0.8 1.8 0.1 7.2 Dec 21 5579550 100.0 2.31 Fortum 10.25 EUR 888 48.5 4,416 0.0 -6.1 -62.0 -60.2 3,176 34.2
11.13 10.1 0.8 1.8 0.1 7.2 4,416 -6.1 -62.0 -60.2 - -
FTSE Finland
5.52 12.0 1.8 9.0 1.2 16.2 191,307 -1.8 -14.3 -14.8 - -

5–58
August 2022 FTSE Russell

France - Overview WORLD/DEVELOPED

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
UBISOFT Dassault Aviation S. Aerospace and Defense 137.00 43.46
ENTERTAINMEN Leisure Goods 46.01 10.84 Thales Aerospace and Defense 120.15 39.81
AXA Non-life Insurance 23.53 4.79 Getlink Industrial Transportation 18.79 38.01
Credit Agricole Banks 9.19 2.35 Aeroports de Paris Industrial Transportation 136.85 37.62
TotalEnergies SE Oil Gas and Coal 50.69 1.87 TotalEnergies SE Oil Gas and Coal 50.69 35.73
Plastic Omnium Automobiles and Parts 18.54 1.81

Biomerieux Medical Equipment and Services 91.26 -13.58 Alstom Electronic and Electrical Equipment 20.56 -43.52
Eurazeo Investment Banking & Brokerage 59.65 -14.36 SEB Household Goods & Home Constr. 74.00 -44.44
Sanofi Pharmaceuticals & Biotechnology 82.18 -15.46 FAURECIA Automobiles and Parts 14.39 -61.13
Atos SE Software and Computer Services 10.12 -15.71 Atos SE Software and Computer Services 10.12 -76.99
FAURECIA Automobiles and Parts 14.39 -18.01 ORPEA Health Care Providers 21.74 -79.61

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
TotalEnergies SE Oil Gas and Coal 50.69 8.31 0.14 TotalEnergies SE Oil Gas and Coal 50.69 8.31 1.98
AXA Non-life Insurance 23.53 2.98 0.13 LVMH Personal Goods 647.50 11.06 0.31

Country Details
BNP Paribas Banks 46.49 3.41 0.03 Universal Music Grou Media 19.81 2.61 0.24
UBISOFT Thales Aerospace and Defense 120.15 0.83 0.21
ENTERTAINMEN Leisure Goods 46.01 0.30 0.03 Getlink Industrial Transportation 18.79 0.59 0.15
Credit Agricole Banks 9.19 0.74 0.02

Air Liquide Chemicals 125.20 4.39 -0.30 St Gobain (Cie De) Construction and Materials 40.35 1.29 -0.61
L'Oreal Personal Goods 343.25 5.80 -0.40 Airbus Aerospace and Defense 97.89 3.74 -0.62
LVMH Personal Goods 647.50 11.06 -0.45 Kering Personal Goods 503.00 2.51 -0.78
Schneider Electric Electronic and Electrical Equipment 118.78 4.33 -0.54 L'Oreal Personal Goods 343.25 5.80 -0.79
Sanofi Pharmaceuticals & Biotechnology 82.18 6.14 -1.06 Schneider Electric Electronic and Electrical Equipment 118.78 4.33 -1.07

FTSE France Index Performance % FTSE France Index Volatility %

140 80

130 70

120 60

110 50

100 40

5–59
90 30
80 20
70 10
60 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–59
FTSE All-World Review August 2022

France - Industry/Sector/Style Summary WORLD/DEVELOPED

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % EUR (mn) Wgt % Stocks Cont1M%
0.82 +ve 3.7 14.1 2.2 3.9 Technology 458.22 -6.92 -24.41 -16.50 776.60 -6.92 -23.90 -15.88 79,417 5.45 5 -0.38
0.91 -ve 3.7 15.9 1.9 -3.8 Software and Computer Services 451.95 -7.19 -25.47 -18.69 751.91 -7.19 -24.81 -17.98 54,346 3.73 3 -0.27
0.60 18.9 3.8 11.3 3.1 22.6 Technology Hardware & Equip. 358.01 -6.33 -22.01 -11.35 637.98 -6.33 -21.80 -10.90 25,071 1.72 2 -0.11
6.93 11.3 1.0 2.5 0.6 8.6 Telecommunications 145.21 1.01 7.28 5.48 645.20 1.01 11.15 12.95 19,339 1.33 1 0.01
6.93 11.3 1.0 2.5 0.6 8.6 Telecommunications Service Prov. 996.27 1.01 7.28 5.48 1117.74 1.01 11.15 12.95 19,339 1.33 1 0.01
2.90 15.8 1.7 11.2 2.7 11.6 Health Care 1120.69 -10.92 -15.46 -13.18 2838.04 -10.92 -13.28 -10.94 159,960 10.98 8 -1.28
4.14 16.0 0.4 2.8 0.3 2.4 Health Care Providers 2036.24 -10.46 -75.32 -79.61 3451.89 -10.46 -75.32 -79.61 1,063 0.07 1 -0.01
1.43 23.0 2.4 14.9 3.3 10.9 Medical Equipment and Services 9547.06 -4.35 -23.75 -19.04 16383.40 -4.35 -22.68 -17.90 65,480 4.50 4 -0.19
3.92 13.0 1.5 9.8 2.6 12.3 Pharmaceuticals & Biotechnology 2320.35 -15.02 -5.76 -4.90 6292.88 -15.02 -2.58 -1.69 93,417 6.41 3 -1.07
7.35 5.6 0.6 3.7 0.5 11.1 Financials 200.62 1.08 -20.68 -13.58 805.07 1.08 -15.12 -6.59 136,773 9.39 9 0.10
8.30 5.0 0.4 3.2 0.6 9.2 Banks 171.91 1.25 -24.76 -16.08 637.70 1.25 -18.98 -8.06 76,911 5.28 3 0.06
4.00 5.2 1.2 7.8 1.4 28.2 Investment Banking & Brokerage 557.21 -8.99 -23.01 -30.53 1595.92 -8.99 -20.11 -27.92 13,896 0.95 4 -0.09
6.78 7.2 1.1 4.4 0.4 14.3 Non-life Insurance 252.78 4.28 -12.51 -3.99 999.19 4.28 -6.64 2.46 45,966 3.16 2 0.12
7.01 7.8 0.6 9.8 5.0 7.7 Real Estate 805.64 -8.91 -20.30 -25.72 886.32 -8.91 -15.28 -21.03 12,642 0.87 4 -0.08
7.01 7.8 0.6 9.8 5.0 7.7 Real Estate Investment Trusts 396.38 -8.91 -20.30 -25.72 1840.50 -8.91 -15.28 -21.03 12,642 0.87 4 -0.08
1.84 11.0 3.4 13.1 2.1 32.9 Consumer Discretionary 382.06 -5.54 -17.38 -8.75 996.83 -5.54 -16.10 -7.16 392,141 26.92 18 -1.50
2.92 6.4 0.8 3.3 0.4 12.7 Automobiles and Parts 250.82 -8.79 -31.63 -28.94 599.93 -8.79 -29.76 -27.00 30,412 2.09 5 -0.19
9.94 4.9 0.9 -27.7 0.4 20.1 Consumer Services 4005.34 -6.06 -16.07 -8.74 10646.20 -6.06 -9.21 -1.27 875 0.06 1 0.00
3.31 8.3 1.4 7.1 0.5 18.0 Household Goods & Home Constr. 1169.45 -9.81 -45.95 -44.44 2386.17 -9.81 -44.62 -43.08 2,223 0.15 1 -0.02
0.00 10.2 3.2 8.1 2.7 32.3 Leisure Goods 273.84 10.84 6.83 -14.67 409.47 10.84 6.83 -14.67 4,385 0.30 1 0.03
1.49 28.8 7.2 20.0 5.4 26.1 Personal Goods 8116.76 -5.43 -15.85 -4.56 14486.90 -5.43 -14.75 -3.09 321,903 22.10 4 -1.20
6.22 1.0 0.9 6.0 1.0 93.5 Media 179.67 -5.11 -21.23 -13.42 557.44 -5.11 -18.21 -10.10 18,501 1.27 3 -0.06
1.53 30.4 3.0 20.4 1.1 10.5 Travel and Leisure 147.57 -4.93 -9.56 -8.77 343.54 -4.93 -8.91 -7.45 13,842 0.95 3 -0.05
2.62 23.3 2.3 10.9 0.9 10.2 Consumer Staples 3141.56 -3.02 -8.00 -4.51 6883.20 -3.02 -5.99 -1.97 82,952 5.70 4 -0.17
1.74 35.9 3.4 25.6 5.5 9.7 Beverages 3214.70 -4.11 -13.19 4.00 7256.72 -4.11 -12.40 5.85 42,638 2.93 2 -0.12
3.69 23.2 2.0 9.6 1.4 9.1 Food Producers 548.05 -2.42 -3.81 -15.13 1424.28 -2.42 -0.35 -12.08 30,295 2.08 1 -0.05
3.13 9.4 1.2 3.6 0.2 13.1 Personal Care, Drug & Grocery St. 286.38 -0.00 3.32 0.10 679.45 -0.00 6.13 2.82 10,019 0.69 1 0.00
2.08 15.6 2.6 11.1 1.3 17.3 Industrials 370.12 -6.60 -15.03 -14.34 935.87 -6.59 -13.44 -12.64 341,039 23.42 21 -1.57
3.64 9.6 1.6 5.2 0.7 17.3 Construction and Materials 548.43 -3.96 -12.47 -11.88 1724.90 -3.96 -9.87 -8.93 77,297 5.31 4 -0.21
1.26 22.5 4.8 15.6 1.8 23.4 Aerospace and Defense 1550.50 -5.26 -4.13 -6.27 3746.59 -5.26 -3.03 -5.14 105,221 7.22 4 -0.38
2.44 16.6 2.3 19.3 1.5 14.7 Electronic and Electrical Equipment 1102.86 -10.97 -30.23 -23.77 2751.61 -10.97 -28.65 -22.04 94,373 6.48 5 -0.76
1.22 42.6 4.2 15.6 3.1 5.9 Industrial Support Services 369.50 -6.06 -12.32 -22.42 902.89 -6.06 -11.24 -21.46 46,548 3.20 4 -0.20
0.60 7.4 1.9 16.1 1.8 31.7 Industrial Transportation 1134.46 -2.37 16.39 22.51 2425.24 -2.26 17.10 23.43 17,600 1.21 4 -0.03
2.22 17.7 2.7 11.5 2.2 16.3 Basic Materials 1238.68 -6.80 -12.18 -10.69 3383.45 -6.80 -10.52 -8.99 69,339 4.76 2 -0.33
2.22 17.7 2.7 11.5 2.2 16.3 Chemicals 1444.78 -6.80 -12.37 -10.74 3679.57 -6.80 -10.71 -9.05 69,339 4.76 2 -0.33
5.21 9.1 1.3 5.1 0.8 15.7 Energy 957.40 1.87 13.57 35.12 5009.00 1.87 18.48 43.39 121,022 8.31 1 0.14
5.21 9.1 1.3 5.1 0.8 15.7 Oil Gas and Coal 1067.94 1.87 13.57 35.12 5892.38 1.87 18.48 43.39 121,022 8.31 1 0.14
5.64 8.0 1.1 4.5 0.5 15.3 Utilities 161.57 -3.72 -14.24 -8.40 654.71 -3.72 -9.62 -3.18 41,852 2.87 4 -0.11
3.95 7.1 1.0 3.8 0.6 14.7 Electricity 114.35 0.00 19.05 9.74 412.03 0.00 22.45 15.20 8,293 0.57 2 0.00
6.06 8.2 1.1 4.6 0.5 15.4 Gas Water and Multi-utilities 163.09 -4.60 -19.93 -12.63 677.81 -4.60 -15.23 -7.50 33,559 2.30 2 -0.11
3.04 11.9 1.8 8.4 1.2 15.7 FTSE France 558.95 -5.16 -14.35 -8.94 1635.52 -5.16 -12.06 -6.18 1,456,476 100.00 77 -

5–60
August 2022 FTSE Russell

France - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% EUR (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Software and Computer Services
0.00 -0.4 0.3 3.1 0.1 -48.7 Dec 21 5654781 1.8 0.07 Atos SE 10.12 EUR 111 86.7 971 50.0 -15.7 -72.9 -77.0 1,289 14.2
1.39 22.1 3.5 12.1 1.6 18.4 Dec 21 4163437 50.9 1.90 Capgemini SE 173.00 EUR 172 92.9 27,654 100.0 -6.7 -19.7 -9.0 400 74.0
0.44 43.7 8.2 31.3 10.4 20.5 Dec 21 BM8H5Y5 47.3 1.77 Dassault Systemes 38.58 EUR 1,311 50.8 25,721 100.0 -7.4 -26.3 -20.1 1,510 62.5
0.91 -ve 3.7 15.9 1.9 -3.8 54,346 -7.2 -25.5 -18.7 - -
Technology Hardware & Equip.
0.00 22.2 4.7 19.7 5.7 25.8 Mar 22 BZ6T5C2 12.4 0.21 Soitec 141.30 EUR 35 63 3,107 0.0 -9.2 -34.3 -30.2 64 9.9
0.69 18.5 3.7 10.6 2.9 22.3 Dec 21 5962332 87.6 1.51 STMicroelectronics 34.75 EUR 895 70.6 21,964 100.0 -5.9 -19.9 -7.9 2,598 94.9
0.60 18.9 3.8 11.3 3.1 22.6 25,071 -6.3 -22.0 -11.3 - -
Telecommunications Service Prov.
6.93 11.3 1.0 2.5 0.6 8.6 Dec 21 5176177 100.0 1.33 Orange 10.10 EUR 2,658 72 19,339 0.0 1.0 7.3 5.0 7,256 73.6
6.93 11.3 1.0 2.5 0.6 8.6 19,339 1.0 7.3 5.5 - -
Health Care Providers
4.14 16.0 0.4 2.8 0.3 2.4 Dec 21 7339451 100.0 0.07 ORPEA 21.74 EUR 65 75.6 1,063 100.0 -10.5 -75.3 -79.6 419 10.1
4.14 16.0 0.4 2.8 0.3 2.4 1,063 -10.5 -75.3 -79.6 - -
Medical Equipment and Services
0.93 15.9 3.5 13.3 3.2 24.4 Dec 21 BF0LBX7 5.9 0.27 Biomerieux 91.26 EUR 118 35.9 3,884 100.0 -13.6 -26.9 -12.1 150 15.3
1.68 25.4 1.9 14.5 3.3 7.7 Dec 21 7212477 67.8 3.05 EssilorLuxottica 149.25 EUR 441 67.4 44,390 100.0 -2.1 -20.3 -10.2 625 98.8
1.45 11.7 3.6 9.9 2.0 36.0 Dec 21 BNDPYV1 12.9 0.58 Eurofins Scienti 69.10 EUR 192 63.5 8,441 100.0 -9.1 -36.5 -42.5 494 36.5

Country Details
0.34 69.8 20.4 48.6 11.7 31.0 Dec 21 BYZ2QP5 13.4 0.60 Sartorius Stedim Bio 365.70 EUR 92 26 8,765 100.0 -6.1 -24.2 -28.8 62 23.9
1.43 23.0 2.4 14.9 3.3 10.9 65,480 -4.4 -23.8 -19.0 - -
Pharmaceuticals & Biotechnology
0.00 -ve 1.4 20.4 1.6 -1.4 Dec 21 BQ7ZVF1 0.8 0.05 EuroAPI 15.56 EUR 94 50.2 735 75.0 -5.8 - - 367 5.8
1.26 10.5 2.9 8.7 2.6 30.8 Dec 21 B0R7JF1 3.5 0.22 Ipsen 95.55 EUR 83 41.4 3,273 100.0 -3.3 18.7 12.8 101 9.7
4.05 12.9 1.5 9.8 2.6 12.1 Dec 21 5671735 95.7 6.14 Sanofi 82.18 EUR 1,254 86.7 89,409 75.0 -15.5 -6.7 -5.7 4,764 409.9
3.92 13.0 1.5 9.8 2.6 12.3 93,417 -15.0 -5.8 -4.9 - -
Banks
7.90 6.3 0.5 17.1 1.0 8.6 Dec 21 7309681 64.6 3.41 BNP Paribas 46.49 EUR 1,233 86.6 49,663 0.0 1.1 -23.5 -13.5 3,887 185.6
11.43 4.6 0.4 1.2 0.3 9.4 Dec 21 7262610 14.0 0.74 Credit Agricole 9.19 EUR 2,938 40 10,798 0.0 2.3 -26.8 -24.7 9,216 87.7
7.47 3.2 0.3 1.3 0.4 10.3 Dec 21 5966516 21.4 1.13 Societe Generale 22.08 EUR 815 91.4 16,450 0.0 1.1 -26.9 -17.1 4,464 100.3
8.30 5.0 0.4 3.2 0.6 9.2 76,911 1.2 -24.8 -16.1 - -
Investment Banking & Brokerage
8.09 7.1 1.0 5.3 1.8 14.3 Dec 21 BYZR014 20.8 0.20 Amundi 50.70 EUR 203 28.1 2,894 75.0 -4.2 -30.1 -36.7 208 11.2
2.93 2.6 0.7 32.8 1.0 32.9 Dec 21 7042395 20.9 0.20 Eurazeo 59.65 EUR 77 63.4 2,906 75.0 -14.4 -21.0 -30.3 118 7.5
2.62 15.7 2.2 13.9 6.0 21.3 Dec 21 BNBNSG0 43.1 0.41 Euronext 73.80 EUR 107 76.1 5,987 100.0 -7.1 -19.1 -24.9 153 12.0
3.82 2.8 1.3 2.9 0.5 53.6 Dec 21 7390113 15.2 0.14 Wendel 78.50 EUR 43 62.1 2,109 100.0 -12.4 -25.5 -36.1 65 5.5
4.00 5.2 1.2 7.8 1.4 28.2 13,896 -9.0 -23.0 -30.5 - -
Non-life Insurance
6.55 7.6 1.2 5.0 0.4 14.5 Dec 21 7088429 94.5 2.98 AXA 23.53 EUR 2,294 80.5 43,450 0.0 4.8 -10.2 -1.1 7,069 167.8
10.90 3.7 0.5 1.3 0.2 12.9 Dec 21 B1LB9P6 5.5 0.17 Scor S.A. 16.51 EUR 181 84.1 2,517 0.0 -3.7 -39.8 -36.5 729 12.1
6.78 7.2 1.1 4.4 0.4 14.3 45,966 4.3 -12.5 -4.0 - -

5–61
Real Estate Investment Trusts
6.72 5.7 0.6 9.8 5.3 10.4 Dec 21 7745638 22.1 0.19 Covivio 55.80 EUR 94 53 2,792 50.0 -9.5 -22.7 -30.7 145 8.5
5.96 7.7 0.5 16.8 10.7 6.7 Dec 21 7742468 36.3 0.31 Gecina 88.95 EUR 74 69.9 4,587 25.0 -11.1 -27.6 -32.4 139 13.1
7.48 8.2 0.5 6.3 2.0 8.5 Dec 21 4554406 11.3 0.10 Icade 43.96 EUR 76 42.9 1,429 0.0 -10.0 -28.9 -38.4 91 4.2
8.29 10.6 0.7 7.6 4.6 6.7 Dec 21 7582556 30.3 0.26 Klepierre 20.50 EUR 285 65.5 3,835 0.0 -5.3 -1.7 -1.0 1,125 24.3
7.01 7.8 0.6 9.8 5.0 7.7 12,642 -8.9 -20.3 -25.7 - -
Automobiles and Parts
0.00 6.0 0.8 2.0 0.2 13.8 Dec 21 4400446 7.5 0.16 FAURECIA 14.39 EUR 197 80.1 2,270 0.0 -18.0 -62.1 -61.1 1,879 30.0
4.63 8.2 1.2 6.0 0.7 15.3 Dec 21 BPBPJ01 55.9 1.17 Michelin B 24.31 EUR 714 98 17,010 25.0 -10.5 -32.6 -29.1 2,540 66.1
1.51 8.7 1.4 4.9 0.4 16.2 Dec 21 B08V9H4 3.4 0.07 Plastic Omnium 18.54 EUR 146 38 1,026 75.0 1.8 -18.9 -27.4 191 3.6
0.00 3.9 0.3 1.6 0.2 8.2 Dec 21 4712798 18.0 0.38 Renault 28.61 EUR 291 65.8 5,485 0.0 -0.5 -6.3 -9.0 2,015 59.1
1.83 5.8 1.3 2.9 0.3 23.1 Dec 21 BDC5ST8 15.2 0.32 Valeo 19.14 EUR 242 99.8 4,622 0.0 -8.4 -28.0 -20.5 1,163 23.3
2.92 6.4 0.8 3.3 0.4 12.7 30,412 -8.8 -31.6 -28.9 - -
Consumer Services
9.94 4.9 0.9 -27.7 0.4 20.1 Dec 21 BF03BV1 100.0 0.06 Ald SA 10.86 EUR 403 20 875 100.0 -6.1 -16.1 -8.7 168 2.0
9.94 4.9 0.9 -27.7 0.4 20.1 875 -6.1 -16.1 -8.7 - -
Household Goods & Home Constr.
3.31 8.3 1.4 7.1 0.5 18.0 Dec 21 4792132 100.0 0.15 SEB 74.00 EUR 55 54.5 2,223 100.0 -9.8 -45.9 -44.4 89 6.9
3.31 8.3 1.4 7.1 0.5 18.0 2,223 -9.8 -45.9 -44.4 - -
Leisure Goods
0.00 10.2 3.2 8.1 2.7 32.3 Mar 22 B1L3CS6 100.0 0.30 UBISOFT ENTERTAINMEN 46.01 EUR 124 76.6 4,385 100.0 10.8 6.8 -14.7 866 38.9
0.00 10.2 3.2 8.1 2.7 32.3 4,385 10.8 6.8 -14.7 - -
Personal Goods
0.62 53.0 14.3 38.9 14.9 30.2 Dec 21 5253973 12.3 2.72 Hermes International 1,282.50 EUR 105 29.5 39,668 100.0 -3.9 -16.5 3.1 85 116.0

5–61
FTSE All-World Review August 2022

France - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% EUR (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Personal Goods
2.39 18.7 4.7 13.3 3.5 26.5 Dec 21 5505072 11.4 2.51 Kering 503.00 EUR 124 58.6 36,620 100.0 -9.7 -28.8 -25.4 212 115.6
1.40 37.2 7.8 27.3 5.7 18.8 Dec 21 4057808 26.2 5.80 L'Oreal 343.25 EUR 535 45.9 84,465 100.0 -6.8 -17.7 -13.4 446 159.6
1.54 25.9 6.9 17.5 5.1 29.7 Dec 21 4061412 50.1 11.06 LVMH 647.50 EUR 503 49.4 161,149 100.0 -4.1 -10.9 3.3 509 347.7
1.49 28.8 7.2 20.0 5.4 26.1 321,903 -5.4 -15.9 -4.6 - -
Media
0.00 40.4 1.8 2.9 1.2 4.5 Dec 21 7136663 5.4 0.07 JC Decaux 13.83 EUR 213 34 1,002 100.0 -12.1 -37.1 -41.4 171 2.6
4.92 8.9 1.4 7.4 1.0 17.4 Dec 21 4380429 59.7 0.76 Publicis Groupe 48.75 EUR 250 90.7 11,038 1.7 -6.1 -17.7 -12.2 821 41.1
9.39 0.4 0.5 5.2 1.0 +ve Dec 21 4834777 34.9 0.44 Vivendi 9.05 EUR 1,045 68.2 6,461 75.0 -2.2 -23.9 -32.2 3,343 30.6
6.22 1.0 0.9 6.0 1.0 93.5 18,501 -5.1 -21.2 -13.4 - -
Travel and Leisure
0.00 34.9 1.9 -24.6 2.8 5.6 Dec 21 5852842 31.5 0.30 Accor 23.87 EUR 262 69.8 4,367 75.0 -5.6 -16.1 -18.1 1,005 25.5
3.83 16.7 7.5 10.3 2.7 48.3 Dec 21 BG0SC10 20.3 0.19 La Francaise des Jeu 32.37 EUR 191 45.5 2,815 0.0 -7.1 -16.9 -26.1 215 7.3
1.57 41.2 3.5 11.4 0.6 9.1 Aug 21 7062713 48.1 0.46 Sodexo 76.44 EUR 146 59.5 6,660 50.0 -3.5 -0.8 10.4 271 21.6
1.53 30.4 3.0 20.4 1.1 10.5 13,842 -4.9 -9.6 -8.8 - -
Beverages
1.83 35.3 3.2 23.8 5.4 9.4 Jun 21 4682329 89.4 2.62 Pernod Ricard 183.55 EUR 260 79.9 38,105 100.0 -4.2 -13.2 3.1 407 78.1
1.00 42.2 5.6 64.1 7.1 13.7 Mar 22 4741714 10.6 0.31 Remy Cointreau 185.30 EUR 50 48.8 4,533 100.0 -3.8 -12.9 11.7 89 17.0
1.74 35.9 3.4 25.6 5.5 9.7 42,638 -4.1 -13.2 4.0 - -
Food Producers
3.69 23.2 2.0 9.6 1.4 9.1 Dec 21 B1Y9TB3 100.0 2.08 Danone 52.51 EUR 625 92.3 30,295 100.0 -2.4 -3.8 -15.1 1,471 78.4
3.69 23.2 2.0 9.6 1.4 9.1 30,295 -2.4 -3.8 -15.1 - -
Personal Care, Drug & Grocery St.
3.13 9.4 1.2 3.6 0.2 13.1 Dec 21 5641567 100.0 0.69 Carrefour 16.64 EUR 745 80.7 10,019 0.0 0.0 3.3 -1.2 2,704 45.4
3.13 9.4 1.2 3.6 0.2 13.1 10,019 0.0 3.3 0.1 - -
Construction and Materials
6.14 6.3 1.0 3.3 0.3 16.5 Dec 21 4002121 8.1 0.43 Bouygues 29.30 EUR 382 55.8 6,252 0.0 -0.7 -7.0 -17.3 1,311 39.1
3.53 5.8 1.5 3.1 0.4 26.7 Dec 21 B13X013 8.4 0.44 Eiffage 87.86 EUR 96 76.9 6,465 0.0 -3.9 -2.9 -0.2 272 24.6
4.04 7.7 1.0 4.7 0.5 14.1 Dec 21 7380482 24.3 1.29 St Gobain (Cie De) 40.35 EUR 521 89.4 18,808 0.0 -11.0 -34.8 -34.3 1,569 67.9
3.14 13.0 2.3 6.6 1.0 18.4 Dec 21 B1XH026 59.2 3.14 Vinci 92.25 EUR 568 87.3 45,772 75.0 -1.2 -0.7 1.5 1,121 104.1
3.64 9.6 1.6 5.2 0.7 17.3 77,297 -4.0 -12.5 -11.9 - -
Aerospace and Defense
1.53 17.0 8.1 16.3 1.5 56.9 Dec 21 4012250 51.8 3.74 Airbus 97.89 EUR 787 70.7 54,526 100.0 -6.7 -12.9 -15.4 1,609 167.7
1.82 18.3 2.1 6.9 1.6 12.6 Dec 21 BMT9L19 3.0 0.22 Dassault Aviation S. 137.00 EUR 83 28 3,191 100.0 -1.8 44.2 43.5 56 8.0
0.49 60.2 3.4 17.9 2.9 5.7 Dec 21 B058TZ6 33.7 2.43 Safran 101.90 EUR 427 81.5 35,453 100.0 -4.7 -5.4 -4.1 845 90.8
2.13 16.8 3.9 12.4 1.6 26.3 Dec 21 4162791 11.5 0.83 Thales 120.15 EUR 213 47.1 12,052 100.0 -1.0 60.6 39.8 306 37.9
1.26 22.5 4.8 15.6 1.8 23.4 105,221 -5.3 -4.1 -6.3 - -
Electronic and Electrical Equipment
1.22 28.0 0.9 -13.4 0.5 3.1 Mar 22 B0DJ8Q5 6.6 0.43 Alstom 20.56 EUR 373 81 6,218 100.0 -11.2 -34.1 -43.5 1,752 39.3
2.28 18.9 3.4 17.4 2.8 19.2 Dec 21 B11ZRK9 20.5 1.33 Legrand 72.28 EUR 267 100 19,310 100.0 -9.5 -29.8 -25.4 623 48.4
4.63 7.5 1.1 6.9 0.3 15.7 Dec 21 B1VP0K0 5.2 0.34 Rexel S.A. 16.20 EUR 305 100 4,943 0.0 -6.5 -9.1 -8.6 1,142 19.2
2.44 17.0 2.7 18.3 2.3 17.3 Dec 21 4834108 66.8 4.33 Schneider Electric 118.78 EUR 557 95.3 63,049 50.0 -11.7 -31.1 -21.5 1,163 151.3
1.95 14.1 2.8 12.5 2.6 21.2 Dec 21 BYXKN05 0.9 0.06 SOMFY 110.20 EUR 34 22.4 853 0.0 -10.7 -37.5 -33.1 10 1.1
2.44 16.6 2.3 19.3 1.5 14.7 94,373 -11.0 -30.2 -23.8 - -
Industrial Support Services
2.14 22.0 6.8 15.6 2.2 35.4 Dec 21 B28DTJ6 15.2 0.48 Bureau Veritas S.A. 24.77 EUR 452 63 7,054 100.0 -8.0 -15.1 -11.9 724 19.2
1.78 31.3 -13.2 20.8 7.7 N/A Dec 21 B62G1B5 27.0 0.86 Edenred 50.50 EUR 249 100 12,551 100.0 0.8 24.5 5.2 567 29.1
1.16 24.0 5.3 15.1 2.3 25.0 Dec 21 5999330 35.5 1.13 Teleperformance 284.30 EUR 59 98.8 16,505 100.0 -12.9 -27.5 -24.1 194 59.1
0.00 -33.1 1.3 12.6 3.3 -3.9 Dec 21 BNFWR44 22.4 0.72 Worldline 42.79 EUR 281 86.8 10,437 100.0 -0.5 -12.7 -43.2 844 36.3
1.22 42.6 4.2 15.6 3.1 5.9 46,548 -6.1 -12.3 -22.4 - -
Industrial Transportation
0.00 -ve 3.9 24.6 4.9 -3.8 Dec 21 B164FY1 22.0 0.27 Aeroports de Paris 136.85 EUR 99 28.6 3,873 100.0 1.7 20.8 37.6 90 12.6
1.26 2.1 0.7 7.7 0.7 47.3 Dec 21 4572709 26.8 0.32 Bollore 4.78 EUR 2,932 33.6 4,716 75.0 -2.9 -2.9 -4.7 1,752 8.4
0.53 -48.6 7.7 70.5 13.1 -15.5 Dec 21 B292JQ9 48.7 0.59 Getlink 18.79 EUR 540 84.5 8,570 100.0 -3.8 29.1 38.0 1,090 21.1
0.32 1.3 0.5 2.2 0.2 57.8 Dec 21 4318806 2.5 0.03 Odet Financiere 1,142.00 EUR 4 9 440 0.0 -2.4 -14.1 -10.4 0.2 0.2
0.60 7.4 1.9 16.1 1.8 31.7 17,600 -2.4 16.4 22.5 - -
Chemicals
2.11 23.7 3.0 12.2 2.8 13.7 Dec 21 B1YXBJ7 92.2 4.39 Air Liquide 125.20 EUR 520 98.2 63,904 91.7 -6.7 -10.2 -9.3 900 119.5
3.56 4.4 1.1 6.9 0.7 28.0 Dec 21 B0Z5YZ2 7.8 0.37 Arkema 84.38 EUR 74 87.1 5,435 50.0 -8.6 -31.9 -24.9 233 20.7
2.22 17.7 2.7 11.5 2.2 16.3 69,339 -6.8 -12.4 -10.7 - -
Oil Gas and Coal
5.21 9.1 1.3 5.1 0.8 15.7 Dec 21 B15C557 100.0 8.31 TotalEnergies SE 50.69 EUR 2,590 92.1 121,022 0.0 1.9 13.6 35.7 8,249 424.9
5.21 9.1 1.3 5.1 0.8 15.7 121,022 1.9 13.6 35.1 - -
Electricity
4.52 6.2 0.9 3.4 0.5 15.0 Dec 21 B0NJJ17 86.7 0.49 Electricite de Franc 11.94 EUR 3,736 16.1 7,187 0.0 0.6 20.8 8.8 5,014 59.8

5–62
August 2022 FTSE Russell

France - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% EUR (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Electricity
0.24 96.2 3.2 22.4 13.2 4.6 Dec 21 BGV7F95 13.3 0.08 Neoen S.A. 41.20 EUR 107 25.1 1,105 0.0 -3.9 8.0 13.9 141 6.0
3.95 7.1 1.0 3.8 0.6 14.7 8,293 0.0 19.1 9.7 - -
Gas Water and Multi-utilities
7.16 6.3 0.9 4.3 0.5 15.6 Dec 21 B0C2CQ3 58.7 1.35 Engie 11.87 EUR 2,420 68.5 19,692 0.0 -1.6 -8.8 -2.2 2,253 28.4
4.49 14.3 1.7 5.3 0.5 15.0 Dec 21 4031879 41.3 0.95 Veolia Environnement 22.28 EUR 688 90.4 13,867 0.0 -8.6 -30.9 -20.5 3,116 74.9
6.06 8.2 1.1 4.6 0.5 15.4 33,559 -4.6 -19.9 -12.6 - -
FTSE France
3.04 11.9 1.8 8.4 1.2 15.7 1,456,476 -5.2 -14.4 -8.9 - -

Country Details
5–63

5–63
FTSE All-World Review August 2022

Germany - Overview WORLD/DEVELOPED

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
AUTO1 Group Retailers 10.46 24.67 Rheinmetall Aerospace and Defense 158.40 91.21
Suse Software and Computer Services 19.72 12.88 Commerzbank Banks 6.63 24.86
Muench. Rueckvers Non-life Insurance 238.20 7.73 Hella Automobiles and Parts 70.30 16.12
Hannover Rueck SE Non-life Insurance 146.90 6.22 Deutsche Boerse Investment Banking & Brokerage 168.45 15.30
Volkswagen Pfd Automobiles and Parts 142.14 3.53 RWE Gas Water and Multi-utilities 38.08 15.08

Vonovia SE Real Estate Investment & Services 27.00 -16.85 Delivery Hero SE Consumer Services 41.50 -66.15
Continental Automobiles and Parts 57.48 -16.96 AUTO1 Group Retailers 10.46 -71.61
Uniper SE Gas Water and Multi-utilities 5.39 -17.22 HelloFresh SE Personal Care, Drug & Grocery St. 23.86 -73.86
Sixt SE Consumer Services 97.45 -18.04 Zalando SE Retailers 23.11 -75.36
Rational Electronic and Electrical Equipment 538.50 -20.63 Uniper SE Gas Water and Multi-utilities 5.39 -83.99

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Muench. Rueckvers Non-life Insurance 238.20 3.17 0.22 Bayer AG Pharmaceuticals & Biotechnology 52.60 4.91 0.38
Deutsche Telekom Telecommunications Service Prov. 18.79 6.04 0.09 Deutsche Boerse Investment Banking & Brokerage 168.45 2.94 0.29
Volkswagen Pfd Automobiles and Parts 142.14 2.47 0.08 Rheinmetall Aerospace and Defense 158.40 0.65 0.23
Hannover Rueck SE Non-life Insurance 146.90 0.84 0.05 RWE Gas Water and Multi-utilities 38.08 2.28 0.22
Henkel KG Pref Household Goods & Home Constr. 64.24 1.07 0.03 Deutsche Telekom Telecommunications Service Prov. 18.79 6.04 0.21

Adidas Personal Goods 148.28 2.65 -0.33 BASF Chemicals 42.07 3.66 -1.52
Vonovia SE Real Estate Investment & Services 27.00 1.99 -0.38 Deutsche Post Industrial Transportation 36.40 3.34 -1.60
Bayer AG Pharmaceuticals & Biotechnology 52.60 4.91 -0.39 Adidas Personal Goods 148.28 2.65 -2.02
Siemens AG General Industrials 101.08 7.24 -0.51 Siemens AG General Industrials 101.08 7.24 -2.11
SAP Software and Computer Services 84.94 8.94 -0.57 SAP Software and Computer Services 84.94 8.94 -3.29

FTSE Germany Index Performance % FTSE Germany Index Volatility %

110 80

70
100
60

90 50

40
80
30

20
70
10
60 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–64
August 2022 FTSE Russell

Germany - Industry/Sector/Style Summary WORLD/DEVELOPED

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % EUR (mn) Wgt % Stocks Cont1M%
1.93 17.6 2.7 14.2 3.1 16.5 Technology 410.64 -6.84 -33.84 -33.37 658.78 -6.84 -32.67 -32.19 139,818 13.29 7 -0.93
2.17 17.2 2.6 16.0 3.2 16.4 Software and Computer Services 553.64 -6.36 -31.68 -33.57 900.59 -6.36 -30.27 -32.20 108,195 10.28 6 -0.66
1.11 19.1 3.1 10.3 2.9 17.2 Technology Hardware & Equip. 103.50 -8.47 -40.38 -32.62 154.55 -8.47 -39.88 -32.05 31,623 3.01 1 -0.26
3.46 8.9 2.1 3.0 0.9 25.2 Telecommunications 149.31 0.89 12.28 2.54 508.94 0.89 16.46 6.35 68,974 6.55 4 0.05
3.46 8.9 2.1 3.0 0.9 25.2 Telecommunications Service Prov. 149.31 0.89 12.28 2.54 508.94 0.89 16.46 6.35 68,974 6.55 4 0.05
2.37 16.2 1.9 10.5 1.4 13.9 Health Care 925.93 -6.68 -16.52 -16.04 1632.22 -6.68 -14.75 -14.26 133,336 12.67 10 -0.86
3.82 7.1 0.8 3.1 0.4 11.2 Health Care Providers 754.51 -2.96 -34.72 -45.47 1302.87 -2.96 -33.00 -44.03 16,994 1.61 2 -0.05
0.77 31.0 5.0 23.1 4.7 19.1 Medical Equipment and Services 1201.08 -5.61 -24.14 -19.76 1998.71 -5.61 -23.58 -19.17 39,073 3.71 5 -0.21
2.85 16.9 1.9 13.9 1.5 14.3 Pharmaceuticals & Biotechnology 1207.01 -7.98 -5.95 -2.05 2192.70 -7.98 -3.56 0.44 77,269 7.34 3 -0.60
4.37 10.6 0.9 3.0 0.7 9.3 Financials 177.70 -0.91 -11.77 -7.49 439.13 -0.91 -8.19 -3.73 168,231 15.99 8 -0.14
1.71 6.6 0.3 1.4 0.5 4.7 Banks 22.06 -1.90 -18.90 -11.59 45.97 -1.90 -17.65 -10.23 23,737 2.26 2 -0.04
2.06 21.0 3.8 30.2 6.4 19.2 Investment Banking & Brokerage 474.44 -1.30 12.87 13.57 1049.57 -1.30 15.31 16.02 31,870 3.03 2 -0.04
5.58 10.4 1.2 3.0 0.5 12.5 Non-life Insurance 271.38 -0.58 -15.41 -11.26 661.62 -0.58 -11.15 -6.78 112,625 10.70 4 -0.06
5.99 6.1 0.6 9.7 4.9 10.7 Real Estate 563.50 -15.21 -43.31 -49.42 606.68 -15.21 -40.69 -47.09 60,392 5.74 4 -0.50
5.99 6.1 0.6 9.7 4.9 10.7 Real Estate Investment & Services 223.42 -15.21 -43.31 -49.42 513.02 -15.21 -40.69 -47.09 30,878 2.93 4 -0.50
4.98 5.7 0.9 3.9 0.6 17.7 Consumer Discretionary 102.12 -4.59 -28.45 -32.12 237.13 -4.59 -25.17 -29.00 201,484 19.15 21 -0.87
6.93 3.8 0.7 2.7 0.4 18.8 Automobiles and Parts 344.55 -2.88 -18.96 -15.91 869.97 -2.88 -13.67 -10.40 125,316 11.91 8 -0.33
1.15 -19.4 1.9 -15.1 1.7 -5.2 Consumer Services 116.72 -12.63 -59.88 -67.93 229.94 -12.63 -59.35 -67.51 9,612 0.91 3 -0.13
2.90 15.5 1.4 13.1 1.4 9.5 Household Goods & Home Constr. 1745.24 2.50 -9.56 -20.92 3154.30 2.50 -6.71 -18.43 17,517 1.66 2 0.04

Country Details
2.04 14.2 3.8 10.2 1.3 29.3 Personal Goods 1376.22 -10.84 -41.73 -49.10 2342.82 -10.84 -40.71 -48.22 33,939 3.23 2 -0.37
0.00 10.8 3.1 8.6 2.4 31.9 Media 63.83 -1.04 -20.59 -20.56 155.81 -1.04 -20.59 -20.56 4,576 0.43 2 0.00
0.52 49.7 2.8 16.8 0.6 6.2 Retailers 98.46 -10.30 -63.14 -72.69 192.59 -10.30 -62.95 -72.55 6,977 0.66 3 -0.07
0.00 -3.4 1.6 19.2 0.4 -71.1 Travel and Leisure 37.28 -0.98 -3.96 -1.99 81.07 -0.98 -3.96 -1.99 3,547 0.34 1 0.00
0.47 25.4 3.3 11.4 0.8 13.6 Consumer Staples 399.50 -3.17 -29.59 -43.74 867.85 -3.17 -29.29 -43.50 14,965 1.42 3 -0.04
0.47 25.4 3.3 11.4 0.8 13.6 Personal Care, Drug & Grocery St. 25.27 -3.17 -29.59 -43.74 60.27 -3.17 -29.29 -43.50 14,965 1.42 3 -0.04
3.53 10.7 1.7 7.4 0.8 17.4 Industrials 399.67 -7.30 -31.09 -30.19 925.47 -7.30 -29.09 -28.17 166,254 15.80 15 -1.18
5.13 5.1 0.6 3.8 0.4 12.9 Construction and Materials 147.38 -8.48 -25.06 -37.49 283.13 -8.48 -21.60 -34.60 7,288 0.69 2 -0.06
1.57 25.7 3.2 12.9 1.7 13.2 Aerospace and Defense 773.85 -8.63 23.31 16.35 1628.90 -8.63 25.07 18.01 16,247 1.54 2 -0.14
1.99 35.8 8.1 32.1 5.5 23.7 Electronic and Electrical Equipment 57.26 -18.32 -38.82 -44.99 92.30 -18.32 -37.75 -44.02 3,551 0.34 2 -0.07
3.82 11.8 1.6 9.0 0.9 14.6 General Industrials 527.98 -6.89 -34.14 -28.75 1289.24 -6.89 -32.35 -26.81 78,970 7.50 2 -0.53
3.01 11.5 1.8 8.5 0.8 16.6 Industrial Engineering 2076.18 -6.66 -42.88 -34.69 4751.16 -6.66 -41.31 -32.90 8,857 0.84 2 -0.06
3.68 8.7 1.9 5.5 0.6 26.1 Industrial Transportation 315.50 -6.57 -33.51 -38.19 818.23 -6.57 -31.18 -36.02 51,342 4.88 5 -0.33
5.86 8.0 1.2 6.8 0.6 16.8 Basic Materials 586.87 -5.21 -29.26 -31.99 1741.66 -5.21 -25.62 -28.48 78,826 7.49 9 -0.39
5.86 8.0 1.2 6.8 0.6 16.8 Chemicals 644.80 -5.21 -29.26 -31.99 2042.25 -5.21 -25.62 -28.48 78,826 7.49 9 -0.39
0.68 +ve 0.7 5.7 0.4 0.4 Energy 22.96 -9.33 -34.75 -40.30 42.53 -9.33 -34.41 -39.99 6,287 0.60 1 -0.06
0.68 +ve 0.7 5.7 0.4 0.4 Alternative Energy 22.96 -9.33 -34.75 -40.30 42.53 -9.33 -34.41 -39.99 6,287 0.60 1 -0.06
3.83 9.5 1.7 3.9 0.3 18.7 Utilities 154.53 -4.41 -18.41 -10.64 499.84 -4.41 -15.58 -7.55 43,276 4.11 3 -0.18
3.83 9.5 1.7 3.9 0.3 18.7 Gas Water and Multi-utilities 156.62 -4.41 -18.41 -10.64 507.36 -4.41 -15.58 -7.55 43,276 4.11 3 -0.18
3.78 9.5 1.3 5.2 0.8 15.4 FTSE Germany 343.74 -5.10 -24.63 -25.64 835.53 -5.10 -22.08 -23.12 1,052,329 100.00 85 -

5–65

5–65
FTSE All-World Review August 2022

Germany - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% EUR (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Software and Computer Services
1.44 18.4 3.6 17.3 0.9 20.8 Dec 21 5932409 2.9 0.30 Bechtle 38.23 EUR 126 64.9 3,130 0.0 -15.1 -39.3 -37.6 331 14.2
0.66 41.9 12.9 32.1 10.0 34.9 Dec 21 5633962 2.9 0.30 Nemetschek SE 58.90 EUR 116 46.8 3,185 100.0 -9.4 -47.8 -29.1 199 13.4
2.30 16.9 2.6 16.1 3.6 17.3 Dec 21 4846288 87.0 8.94 SAP 84.94 EUR 1,180 93.9 94,115 100.0 -6.3 -31.6 -33.0 2,840 255.3
1.48 33.1 2.6 34.2 11.7 6.0 Dec 21 BYT9340 4.2 0.43 Scout24 57.54 EUR 79 100 4,550 100.0 3.4 -6.3 -19.2 279 16.0
0.00 -59.8 1.8 +ve 7.1 -3.6 Oct 21 BL9YLY0 0.7 0.07 Suse 19.72 EUR 169 23.5 784 12.9 -50.9 -35.0 132 2.5
2.22 6.9 0.9 4.7 0.7 13.7 Dec 21 4354134 2.2 0.23 United Internet AG 22.55 EUR 187 57.7 2,431 100.0 -12.2 -35.5 -38.4 241 5.9
2.17 17.2 2.6 16.0 3.2 16.4 108,195 -6.4 -31.7 -33.6 - -
Technology Hardware & Equip.
1.11 19.1 3.1 10.3 2.9 17.2 Sep 21 5889505 100.0 3.01 Infineon Technologie 24.30 EUR 1,301 100 31,623 100.0 -8.5 -40.4 -32.6 7,128 188.2
1.11 19.1 3.1 10.3 2.9 17.2 31,623 -8.5 -40.4 -32.6 - -
Telecommunications Service Prov.
0.31 5.4 0.5 6.5 0.7 10.3 Dec 21 5734672 1.1 0.07 1&1 AG 16.00 EUR 176 26 736 100.0 -5.5 -33.4 -40.2 81 1.4
3.41 8.8 2.2 2.9 0.9 27.1 Dec 21 5842359 92.1 6.04 Deutsche Telekom 18.79 EUR 4,972 68 63,539 0.0 1.5 15.3 4.3 10,500 197.6
6.96 7.0 1.3 3.6 1.0 17.7 Dec 21 B7VG6L8 3.4 0.22 Telefonica Deutschla 2.59 EUR 2,975 30.1 2,314 25.0 -0.4 5.9 8.8 4,359 11.4
2.44 35.3 2.4 13.0 12.8 6.9 Mar 22 BLH32J1 3.5 0.23 Vantage Towers 25.82 EUR 506 18.2 2,385 0.0 -10.9 -19.8 -14.7 100 2.8
3.46 8.9 2.1 3.0 0.9 25.2 68,974 0.9 12.3 2.5 - -
Health Care Providers
3.95 9.0 0.8 4.1 0.6 9.4 Dec 21 5129074 40.8 0.66 Fresenius Med Care 34.19 EUR 293 69.2 6,940 100.0 -5.4 -40.2 -47.4 1,233 44.4
3.73 6.2 0.7 2.7 0.4 12.4 Dec 21 4352097 59.2 0.96 Fresenius SE & Co KG 24.66 EUR 559 73 10,054 75.0 -1.2 -30.3 -44.0 3,014 74.5
3.82 7.1 0.8 3.1 0.4 11.2 16,994 -3.0 -34.7 -45.5 - -
Medical Equipment and Services
0.72 42.4 6.7 30.6 6.7 17.0 Sep 21 5922961 11.6 0.43 CARL ZEISS MEDITEC 124.20 EUR 89 40.9 4,544 100.0 -12.6 -32.8 -33.6 145 19.5
0.00 19.7 3.8 19.0 5.4 20.8 Dec 21 BYXS699 25.4 0.94 Qiagen Nv 45.25 EUR 228 96.6 9,943 100.0 -7.4 -7.6 -3.5 654 31.1
0.33 58.7 20.7 31.0 7.6 38.6 Dec 21 5843307 2.2 0.08 Sartorius Ag 382.00 EUR 34 6.6 868 0.0 -3.9 -23.4 -42.6 5 1.8
0.30 64.0 22.6 33.8 8.2 38.6 Dec 21 5843329 26.2 0.97 Sartorius AG Pref 415.90 EUR 34 71.9 10,232 100.0 -4.5 -30.1 -25.5 113 49.1
1.74 28.4 3.4 19.7 3.0 13.4 Sep 21 BD594Y4 34.5 1.28 Siemens Healthineers 48.73 EUR 1,123 24.6 13,485 100.0 -2.6 -26.0 -17.3 1,457 73.1
0.77 31.0 5.0 23.1 4.7 19.1 39,073 -5.6 -24.1 -19.8 - -
Pharmaceuticals & Biotechnology
3.80 16.2 1.6 12.7 1.2 10.0 Dec 21 5069211 66.9 4.91 Bayer AG 52.60 EUR 982 100 51,676 25.0 -7.7 11.9 11.6 5,057 271.5
0.00 17.0 2.8 31.7 6.3 21.7 Dec 21 5811917 4.5 0.33 Evotec 21.94 EUR 177 89 3,450 0.0 -13.3 -48.4 -47.9 816 21.0
1.08 18.9 3.6 16.1 3.8 21.1 Dec 21 4741844 28.7 2.10 Merck Kgaa 171.40 EUR 129 99.9 22,143 100.0 -7.7 -24.5 -14.8 401 72.8
2.85 16.9 1.9 13.9 1.5 14.3 77,269 -8.0 -6.0 -2.0 - -
Banks
0.00 11.5 0.3 2.5 0.7 2.8 Dec 21 B90LKT4 29.0 0.65 Commerzbank 6.63 EUR 1,252 83 6,892 0.0 -0.7 -0.9 24.9 8,811 59.8
2.40 5.6 0.3 1.2 0.5 5.4 Dec 21 5750355 71.0 1.60 Deutsche Bank 8.32 EUR 2,045 98.9 16,846 0.0 -2.4 -24.5 -20.9 10,618 91.2
1.71 6.6 0.3 1.4 0.5 4.7 23,737 -1.9 -18.9 -11.6 - -
Investment Banking & Brokerage
1.90 22.5 4.3 34.0 6.9 20.6 Dec 21 7021963 97.1 2.94 Deutsche Boerse 168.45 EUR 184 100 30,931 100.0 -1.2 14.5 15.3 558 95.3
7.35 6.6 0.7 6.4 1.9 11.6 Dec 21 BFMHVQ6 2.9 0.09 DWS Group 27.22 EUR 200 17.2 939 0.0 -4.3 -23.3 -23.9 106 3.0
2.06 21.0 3.8 30.2 6.4 19.2 31,870 -1.3 12.9 13.6 - -
Non-life Insurance
6.41 10.0 1.2 2.5 0.6 11.9 Dec 21 5231485 60.9 6.52 Allianz SE 168.58 EUR 408 99.6 68,577 0.0 -4.9 -18.8 -15.3 1,352 238.0
3.06 14.1 1.8 3.6 0.7 13.3 Dec 21 4511809 7.8 0.84 Hannover Rueck SE 146.90 EUR 121 49.7 8,810 50.0 6.2 -11.4 -5.0 188 27.4
4.62 10.7 1.3 6.4 0.5 13.3 Dec 21 5294121 29.6 3.17 Muench. Rueckvers 238.20 EUR 140 99.9 33,362 0.0 7.7 -8.6 -3.7 464 108.1
4.53 8.1 1.3 0.9 0.2 20.4 Dec 21 B8F0TD6 1.7 0.18 Talanx AG 35.30 EUR 253 21 1,876 0.0 -0.8 -17.0 -8.3 125 4.4
5.58 10.4 1.2 3.0 0.5 12.5 112,625 -0.6 -15.4 -11.3 - -
Real Estate Investment & Services
7.91 5.7 0.3 2.5 2.8 6.2 Dec 21 BF0CK44 10.7 0.31 Aroundtown SA 2.91 EUR 1,265 90 3,310 100.0 -6.9 -45.3 -55.2 3,523 11.1
0.18 10.2 0.5 19.4 3.9 5.9 Dec 21 B0YZ0Z5 3.6 0.11 Deutsche Wohnen SE 22.64 EUR 397 12.3 1,114 100.0 -6.2 -38.8 -56.9 220 5.2
5.40 3.2 0.6 15.5 5.7 21.1 Dec 21 B9G6L89 17.8 0.52 LEG Immobilien AG 75.32 EUR 73 100 5,486 100.0 -15.0 -38.6 -44.2 287 23.9
6.15 7.9 0.6 14.7 5.5 9.4 Dec 21 BBJPFY1 67.9 1.99 Vonovia SE 27.00 EUR 777 100 20,968 100.0 -16.8 -44.3 -49.6 3,445 101.6
5.99 6.1 0.6 9.7 4.9 10.7 30,878 -15.2 -43.3 -49.4 - -
Automobiles and Parts
7.89 3.3 0.7 3.1 0.4 21.5 Dec 21 5756029 18.8 2.24 BMW 73.47 EUR 602 53.3 23,574 0.0 -7.6 -17.0 -8.6 2,158 164.5
8.40 3.2 0.6 3.0 0.4 21.5 Dec 21 5756030 3.3 0.39 BMW AG Pref 69.25 EUR 59 100 4,114 0.0 -6.3 -5.5 -2.3 132 9.4
3.83 6.7 0.9 5.8 0.3 14.1 Dec 21 4598589 5.0 0.59 Continental 57.48 EUR 200 54 6,208 50.0 -17.0 -38.3 -40.6 946 59.9
1.37 32.6 2.9 28.3 1.2 9.2 May 22 BSHYK55 1.3 0.15 Hella 70.30 EUR 111 20.5 1,601 25.0 2.6 13.4 16.1 26 1.8
8.91 3.9 0.8 2.5 0.4 23.5 Dec 21 5529027 37.6 4.48 Mercedes-Benz Grp AG 56.12 EUR 1,070 78.5 47,141 0.0 -1.9 -17.0 -1.2 3,676 213.7
3.63 4.7 0.5 29.5 4.7 11.7 Dec 21 7101069 8.6 1.03 Porsche Automobil Ho 70.48 EUR 153 100 10,792 100.0 0.1 -15.5 -17.8 1,114 77.9
4.07 4.5 0.7 2.4 0.4 17.1 Dec 21 5497102 4.7 0.56 Volkswagen 184.20 EUR 295 10.7 5,865 0.0 -4.2 -28.7 -35.0 65 12.4
5.32 3.4 0.5 1.8 0.3 17.1 Dec 21 5497168 20.8 2.47 Volkswagen Pfd 142.14 EUR 206 88.7 26,021 0.0 3.5 -19.9 -29.4 1,443 207.6
6.93 3.8 0.7 2.7 0.4 18.8 125,316 -2.9 -19.0 -15.9 - -
Consumer Services
0.00 -10.5 1.8 -10.7 1.7 -28.9 Dec 21 BZCNB42 76.4 0.70 Delivery Hero SE 41.50 EUR 243 72.7 7,345 100.0 -11.5 -57.7 -66.2 1,453 70.9

5–66
August 2022 FTSE Russell

Germany - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% EUR (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Consumer Services
3.80 14.4 2.6 57.8 2.0 20.3 Dec 21 5260768 13.3 0.12 Sixt SE 97.45 EUR 30 43.2 1,278 0.0 -18.0 -37.4 -14.4 63 7.1
6.24 8.8 1.6 35.3 1.2 20.3 Dec 21 5271276 10.3 0.09 Sixt SE (PREF) 59.60 EUR 17 100 988 0.0 -13.2 -31.3 -10.4 42 2.8
1.15 -19.4 1.9 -15.1 1.7 -5.2 9,612 -12.6 -59.9 -67.9 - -
Household Goods & Home Constr.
2.88 15.6 1.4 13.2 1.4 9.5 Dec 21 5076705 64.0 1.07 Henkel KG Pref 64.24 EUR 175 100 11,209 75.0 3.1 -9.7 -22.4 788 51.4
2.94 15.2 1.4 12.8 1.3 9.5 Dec 21 5002465 36.0 0.60 Henkel Kgaa ORD 62.30 EUR 260 38.9 6,309 75.0 1.4 -9.3 -18.2 120 7.6
2.90 15.5 1.4 13.1 1.4 9.5 17,517 2.5 -9.6 -20.9 - -
Personal Goods
2.23 12.8 3.8 9.2 1.3 31.7 Dec 21 4031976 82.1 2.65 Adidas 148.28 EUR 192 98 27,864 100.0 -11.6 -41.4 -50.6 897 146.9
1.18 27.1 4.1 21.4 1.3 17.1 Dec 21 5064722 17.9 0.58 Puma 61.02 EUR 150 66.5 6,074 100.0 -7.0 -43.2 -40.6 708 46.5
2.04 14.2 3.8 10.2 1.3 29.3 33,939 -10.8 -41.7 -49.1 - -
Media
0.00 44.6 9.7 10.2 12.6 23.6 Dec 21 5881857 68.8 0.30 Cts Eventim 53.65 EUR 96 61.1 3,150 0.0 0.1 -16.6 -1.8 155 8.6
0.00 4.0 1.3 6.5 0.9 34.3 Dec 21 B1BK209 31.2 0.14 RTL Group 37.00 EUR 155 24.9 1,426 0.0 -3.4 -20.6 -29.7 89 3.4
0.00 10.8 3.1 8.6 2.4 31.9 4,576 -1.0 -20.6 -20.6 - -
Retailers
0.00 -6.0 2.4 -4.8 0.5 -80.8 Dec 21 BL5C4C7 14.0 0.09 AUTO1 Group 10.46 EUR 215 43.3 977 0.0 24.7 -46.2 -71.6 706 7.4
4.05 17.9 3.8 9.0 1.9 21.7 Dec 21 4409205 12.9 0.09 Fielmann 37.02 EUR 84 28.9 901 75.0 -6.2 -37.4 -43.1 67 2.6

Country Details
0.00 20.2 2.7 9.8 0.6 13.7 Dec 21 BQV0SV7 73.1 0.48 Zalando SE 23.11 EUR 262 84.1 5,098 100.0 -15.5 -67.5 -75.4 2,319 64.5
0.52 49.7 2.8 16.8 0.6 6.2 6,977 -10.3 -63.1 -72.7 - -
Travel and Leisure
0.00 -3.4 1.6 19.2 0.4 -71.1 Dec 21 5287488 100.0 0.34 Deutsche Lufthansa A 5.94 EUR 1,196 49.9 3,547 0.0 -1.0 -4.0 -2.0 9,565 60.9
0.00 -3.4 1.6 19.2 0.4 -71.1 3,547 -1.0 -4.0 -2.0 - -
Personal Care, Drug & Grocery St.
0.70 33.9 3.3 21.9 3.0 10.3 Dec 21 5107401 67.0 0.95 Beiersdorf 100.60 EUR 227 43.9 10,024 100.0 0.0 11.3 -2.1 503 51.6
0.00 15.0 4.6 9.0 0.7 35.6 Dec 21 BYWH8S0 26.1 0.37 HelloFresh SE 23.86 EUR 174 94.1 3,902 0.0 -11.1 -64.7 -73.9 2,319 64.7
0.00 32.1 1.6 2.5 0.1 4.6 Sep 21 BD6QT83 6.9 0.10 Metro 7.94 EUR 360 36.3 1,039 0.0 0.4 -13.9 -29.6 221 1.8
0.47 25.4 3.3 11.4 0.8 13.6 14,965 -3.2 -29.6 -43.7 - -
Construction and Materials
5.32 4.7 0.5 3.5 0.5 12.6 Dec 21 5120679 87.0 0.60 HeidelbergCement AG 45.10 EUR 188 74.8 6,340 50.0 -8.9 -24.2 -38.7 881 42.2
3.88 14.7 4.2 8.7 0.2 31.0 Dec 21 5108664 13.0 0.09 Hochtief 49.27 EUR 68 28.2 947 50.0 -5.7 -30.6 -27.3 100 5.2
5.13 5.1 0.6 3.8 0.4 12.9 7,288 -8.5 -25.1 -37.5 - -
Aerospace and Defense
1.19 31.2 3.5 16.6 2.2 11.5 Dec 21 B09DHL9 57.8 0.89 MTU Aero Engines AG 175.95 EUR 53 100 9,388 100.0 -6.5 -1.9 -9.5 184 34.7
2.08 20.8 2.8 9.9 1.2 15.3 Dec 21 5334588 42.2 0.65 Rheinmetall 158.40 EUR 43 100 6,859 100.0 -11.4 90.7 91.2 393 67.2
1.57 25.7 3.2 12.9 1.7 13.2 16,247 -8.6 23.3 16.3 - -
Electronic and Electrical Equipment
1.39 48.6 10.1 35.6 7.9 22.2 Dec 21 5910609 72.2 0.24 Rational 538.50 EUR 11 41.8 2,563 100.0 -20.6 -39.9 -44.2 15 8.7
3.54 21.3 5.3 25.4 3.1 25.8 Dec 21 5802449 27.8 0.09 VARTA AG 69.98 EUR 40 34.9 988 0.0 -11.6 -38.9 -48.2 242 18.5
1.99 35.8 8.1 32.1 5.5 23.7 3,551 -18.3 -38.8 -45.0 - -

5–67
General Industrials
3.96 11.3 1.8 8.7 1.3 17.7 Sep 21 5727973 96.5 7.24 Siemens AG 101.08 EUR 802 93.9 76,228 27.7 -6.9 -33.8 -28.2 2,292 245.5
0.00 -ve 0.3 37.7 0.1 -0.2 Sep 21 5636927 3.5 0.26 Thyssen Krupp 5.57 EUR 623 79 2,742 0.0 -7.3 -42.5 -41.0 5,714 33.0
3.82 11.8 1.6 9.0 0.9 14.6 78,970 -6.9 -34.1 -28.8 - -
Industrial Engineering
2.59 17.3 3.0 9.3 1.3 18.1 Dec 21 4557104 64.8 0.55 GEA Group AG 34.69 EUR 181 91.7 5,742 0.0 -4.6 -27.9 -11.3 535 19.4
3.77 7.1 1.0 7.4 0.5 15.6 Dec 21 BB22L96 35.2 0.30 KION GROUP AG 39.83 EUR 131 59.6 3,116 100.0 -10.2 -58.7 -56.0 501 21.4
3.01 11.5 1.8 8.5 0.8 16.6 8,857 -6.7 -42.9 -34.7 - -
Industrial Transportation
0.00 8.1 1.3 10.0 0.5 21.5 Dec 21 BP6VLQ4 20.9 1.02 Daimler Truck 25.53 EUR 823 51 10,721 0.0 -4.0 -21.0 - 1,887 50.9
4.95 8.5 2.3 4.7 0.5 32.0 Dec 21 4617859 68.5 3.34 Deutsche Post 36.40 EUR 1,224 79 35,187 50.0 -6.4 -35.6 -38.9 4,284 168.1
0.00 19.5 1.1 9.0 1.9 5.6 Dec 21 7107551 3.0 0.15 Fraport AG Frankfurt 43.12 EUR 92 38.4 1,533 75.0 -3.1 -27.1 -21.1 271 12.6
3.83 11.5 3.3 8.2 1.2 32.6 Dec 21 BD2P9X9 6.2 0.30 Knorr-Bremse 48.35 EUR 161 41 3,196 100.0 -16.7 -44.4 -52.4 540 28.5
3.55 7.6 0.5 4.6 0.2 7.1 Dec 21 BKF1H51 1.4 0.07 Traton 14.10 EUR 500 10 705 0.0 -7.1 -36.3 -43.6 122 1.8
3.68 8.7 1.9 5.5 0.6 26.1 51,342 -6.6 -33.5 -38.2 - -
Chemicals
8.08 6.3 0.9 5.3 0.5 16.5 Dec 21 5086577 48.8 3.66 BASF 42.07 EUR 919 99.5 38,477 0.0 -3.1 -31.9 -35.8 4,364 187.7
2.22 19.9 2.6 26.0 0.7 13.6 Dec 21 B4YVF56 12.8 0.96 Brenntag AG 65.42 EUR 155 100 10,107 50.0 -4.3 -17.8 -23.4 553 37.9
11.29 3.5 0.8 2.7 0.4 25.2 Dec 21 BYTBWY9 6.9 0.52 Covestro AG 30.12 EUR 193 93.1 5,423 25.0 -9.4 -44.4 -45.1 2,100 66.4
6.29 9.6 0.9 5.0 0.6 10.5 Dec 21 B5ZQ9D3 4.5 0.34 Evonik Industries AG 18.60 EUR 466 40.9 3,549 0.0 -10.5 -34.7 -35.0 1,220 24.5
3.82 13.6 2.1 22.2 1.3 16.5 Dec 21 BNHRG84 2.4 0.18 Fuchs Petrolub Pref 26.98 EUR 70 100 1,875 100.0 -7.7 -32.4 -37.1 181 5.1
4.40 11.7 1.8 19.1 1.1 16.5 Dec 21 BNHRG73 1.0 0.07 Fuchs Petrolub SE 23.20 EUR 70 48.2 778 100.0 -7.0 -24.9 -30.5 46 1.1
3.12 7.7 0.8 8.3 0.4 11.2 Dec 21 B05M8B7 3.7 0.28 Lanxess 33.65 EUR 86 100 2,906 25.0 -6.1 -38.3 -45.5 596 20.7

5–67
FTSE All-World Review August 2022

Germany - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% EUR (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Chemicals
0.98 29.7 4.6 29.8 3.8 17.9 Dec 21 B1JB4K8 17.2 1.29 Symrise AG 104.35 EUR 140 93.1 13,580 100.0 -8.1 -19.9 -13.5 490 54.2
5.63 8.7 2.3 6.6 1.1 35.1 Dec 21 B11Y568 2.7 0.20 Wacker Chemie 142.05 EUR 50 30.2 2,131 75.0 -3.1 7.9 -4.9 127 18.7
5.86 8.0 1.2 6.8 0.6 16.8 78,826 -5.2 -29.3 -32.0 - -
Alternative Energy
0.68 +ve 0.7 5.7 0.4 0.4 Sep 21 BMTVQK9 100.0 0.60 Siemens Energy 14.68 EUR 715 59.9 6,287 27.7 -9.3 -34.7 -40.3 2,630 41.8
0.68 +ve 0.7 5.7 0.4 0.4 6,287 -9.3 -34.7 -40.3 - -
Gas Water and Multi-utilities
5.76 4.0 1.8 5.5 0.3 65.3 Dec 21 4942904 43.5 1.79 E.ON 8.51 EUR 2,609 84.8 18,829 100.0 -3.0 -30.2 -23.9 10,047 90.0
2.36 28.7 1.7 3.5 1.0 5.5 Dec 21 4768962 55.4 2.28 RWE 38.08 EUR 676 93.1 23,975 50.0 -5.2 6.6 15.1 3,876 159.7
1.30 -0.5 0.3 0.5 0.0 -48.1 Dec 21 BZ6CZ43 1.1 0.04 Uniper SE 5.39 EUR 366 23.9 472 0.0 -17.2 -87.1 -84.0 3,490 22.9
3.83 9.5 1.7 3.9 0.3 18.7 43,276 -4.4 -18.4 -10.6 - -
FTSE Germany
3.78 9.5 1.3 5.2 0.8 15.4 1,052,329 -5.1 -24.6 -25.6 - -

5–68
August 2022 FTSE Russell

Greece - Overview WORLD/EMERGING

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Piraeus Financial Ho Banks 1.05 18.31 Terna Energy Electricity 17.73 46.29
Motor Oil (Hellas) Oil Gas and Coal 18.84 11.48 Motor Oil (Hellas) Oil Gas and Coal 18.84 34.57
Hellenic Petroleum H Oil Gas and Coal 6.89 9.54 National Bank of Gre Banks 3.22 25.84
Alpha Serv and Hold Banks 0.92 6.84 Eurobank Ergasias Se Banks 0.93 15.24
National Bank of Gre Banks 3.22 5.77 Hellenic Petroleum H Oil Gas and Coal 6.89 13.88

Terna Energy Electricity 17.73 1.31 Mytilineos General Industrials 15.62 -1.76
OPAP Travel and Leisure 13.15 -2.88 Hellenic Telecom Telecommunications Service Prov. 15.86 -3.24
Hellenic Telecom Telecommunications Service Prov. 15.86 -5.71 Alpha Serv and Hold Banks 0.92 -21.38
JUMBO SA Leisure Goods 14.24 -6.01 Piraeus Financial Ho Banks 1.05 -26.71
Public Power Corp Electricity 5.21 -9.71 Public Power Corp Electricity 5.21 -48.11

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Alpha Serv and Hold Banks 0.92 10.30 0.66 National Bank of Gre Banks 3.22 9.17 1.85
Motor Oil (Hellas) Oil Gas and Coal 18.84 5.47 0.57 Eurobank Ergasias Se Banks 0.93 12.35 1.72
National Bank of Gre Banks 3.22 9.17 0.50 Motor Oil (Hellas) Oil Gas and Coal 18.84 5.47 1.36

Country Details
Piraeus Financial Ho Banks 1.05 3.16 0.49 Terna Energy Electricity 17.73 4.80 1.28
Eurobank Ergasias Se Banks 0.93 12.35 0.48 OPAP Travel and Leisure 13.15 12.44 0.77

Terna Energy Electricity 17.73 4.80 0.06 Mytilineos General Industrials 15.62 8.15 -0.16
OPAP Travel and Leisure 13.15 12.44 -0.37 Hellenic Telecom Telecommunications Service Prov. 15.86 18.12 -0.71
JUMBO SA Leisure Goods 14.24 8.15 -0.52 Piraeus Financial Ho Banks 1.05 3.16 -1.04
Public Power Corp Electricity 5.21 5.80 -0.63 Alpha Serv and Hold Banks 0.92 10.30 -2.64
Hellenic Telecom Telecommunications Service Prov. 15.86 18.12 -1.10 Public Power Corp Electricity 5.21 5.80 -4.96

FTSE Greece Index Performance % FTSE Greece Index Volatility %

110 120

100 100
90
80
80
60
70

5–69
40
60

50 20

40 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–69
FTSE All-World Review August 2022

Greece - Industry/Sector/Style Summary WORLD/EMERGING

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % EUR (mn) Wgt % Stocks Cont1M%
3.60 8.8 3.5 5.3 2.1 40.0 Telecommunications 491.23 -5.71 -2.43 -3.24 504.32 -5.71 1.05 0.21 3,473 18.12 1 -1.10
3.60 8.8 3.5 5.3 2.1 40.0 Telecommunications Service Prov. 1195.33 -5.71 -2.43 -3.24 1295.45 -5.71 1.05 0.21 3,473 18.12 1 -1.10
0.00 -2.1 0.4 3.2 1.0 -19.7 Financials 0.35 6.48 -2.94 -0.61 0.24 6.48 -2.94 -0.61 6,705 34.98 4 2.14
0.00 -2.1 0.4 3.2 1.0 -19.7 Banks 0.35 6.48 -2.94 -0.61 0.25 6.48 -2.94 -0.61 6,705 34.98 4 2.14
4.66 10.9 2.6 7.3 2.7 25.0 Consumer Discretionary 163.27 -4.14 13.66 7.06 407.38 -4.14 17.25 11.86 3,947 20.59 2 -0.90
4.81 8.9 1.5 5.5 2.3 17.0 Leisure Goods 82.00 -6.01 16.11 10.00 55.66 -6.01 19.06 15.40 1,562 8.15 1 -0.52
4.56 12.6 5.1 9.3 3.0 44.3 Travel and Leisure 419.07 -2.88 12.41 5.55 1193.26 -2.88 16.52 10.22 2,385 12.44 1 -0.37
2.78 12.0 1.5 9.6 0.8 12.3 Industrials 634.46 3.79 3.24 -1.76 521.56 3.79 6.33 1.18 1,562 8.15 1 0.30
2.78 12.0 1.5 9.6 0.8 12.3 General Industrials 922.43 3.79 3.24 -1.76 594.89 3.79 6.33 1.18 1,562 8.15 1 0.30
5.08 8.0 1.5 8.2 0.2 20.3 Energy 850.81 10.94 28.61 28.15 1189.25 10.94 35.04 35.85 1,449 7.56 2 0.75
5.08 8.0 1.5 8.2 0.2 20.3 Oil Gas and Coal 1174.19 10.94 28.61 28.15 1671.12 10.94 35.04 35.85 1,449 7.56 2 0.75
0.87 -ve 0.7 5.5 0.6 -0.7 Utilities 757.35 -5.03 -26.40 -27.52 770.41 -5.03 -25.74 -26.63 2,032 10.60 2 -0.56
0.87 -ve 0.7 5.5 0.6 -0.7 Electricity 757.35 -5.03 -26.40 -27.52 770.41 -5.03 -25.74 -26.63 2,032 10.60 2 -0.56
2.31 -9.2 0.8 4.8 0.9 -9.1 FTSE Greece 39.34 0.63 -0.07 -1.56 39.30 0.63 2.01 0.86 19,167 100.00 12 -

Greece - Constituent Report WORLD/EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% EUR (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Telecommunications Service Prov.
3.60 8.8 3.5 5.3 2.1 40.0 Dec 21 5051605 100.0 18.12 Hellenic Telecom 15.86 EUR 438 50 3,473 50.0 -5.7 -2.4 -3.2 262 4.4
3.60 8.8 3.5 5.3 2.1 40.0 3,473 -5.7 -2.4 -3.2 - -
Banks
0.00 -0.8 0.4 2.1 0.9 -39.5 Dec 21 BZ1MXR7 29.4 10.30 Alpha Serv and Hold 0.92 EUR 2,347 91 1,974 0.0 6.8 -14.2 -21.4 9,138 8.7
0.00 9.5 0.6 3.4 1.4 6.8 Dec 21 BYZ43T4 35.3 12.35 Eurobank Ergasias Se 0.93 EUR 3,708 68.6 2,367 0.0 4.1 4.3 15.2 6,050 5.8
0.00 3.2 0.5 -16.3 1.3 17.1 Dec 21 BG087C6 26.2 9.17 National Bank of Gre 3.22 EUR 915 59.6 1,758 0.0 5.8 10.0 25.8 0.0 0.0
0.00 -0.4 0.2 1.1 0.5 -54.9 Dec 21 BNC0DB0 9.0 3.16 Piraeus Financial Ho 1.05 EUR 1,249 46.2 606 0.0 18.3 -18.8 -26.7 2,956 3.1
0.00 -2.1 0.4 3.2 1.0 -19.7 6,705 6.5 -2.9 -0.6 - -
Leisure Goods
4.81 8.9 1.5 5.5 2.3 17.0 Dec 21 7243530 100.0 8.15 JUMBO SA 14.24 EUR 136 80.6 1,562 100.0 -6.0 16.1 10.0 120 1.8
4.81 8.9 1.5 5.5 2.3 17.0 1,562 -6.0 16.1 10.0 - -
Travel and Leisure
4.56 12.6 5.1 9.3 3.0 44.3 Dec 21 7107250 100.0 12.44 OPAP 13.15 EUR 351 51.6 2,385 0.0 -2.9 12.4 5.5 545 7.4
4.56 12.6 5.1 9.3 3.0 44.3 2,385 -2.9 12.4 5.5 - -
General Industrials
2.78 12.0 1.5 9.6 0.8 12.3 Dec 21 5898664 100.0 8.15 Mytilineos 15.62 EUR 135 73.9 1,562 25.0 3.8 3.2 -1.8 264 4.1
2.78 12.0 1.5 9.6 0.8 12.3 1,562 3.8 3.2 -1.8 - -
Oil Gas and Coal
5.81 6.1 1.1 11.8 0.2 18.6 Dec 21 5475658 27.7 2.09 Hellenic Petroleum H 6.89 EUR 306 19 401 0.0 9.5 10.8 13.9 81 0.5
4.81 9.0 1.8 7.4 0.2 21.3 Dec 21 5996234 72.3 5.47 Motor Oil (Hellas) 18.84 EUR 110 50.4 1,048 0.0 11.5 37.0 34.6 130 2.3
5.08 8.0 1.5 8.2 0.2 20.3 1,449 10.9 28.6 28.2 - -
Electricity
0.00 -ve 0.4 3.4 0.3 -0.3 Dec 21 7268298 54.7 5.80 Public Power Corp 5.21 EUR 382 55.8 1,111 0.0 -9.7 -44.6 -48.1 585 3.4
1.92 -97.7 4.9 22.3 5.1 -4.6 Dec 21 B28XVV2 45.3 4.80 Terna Energy 17.73 EUR 116 44.9 921 0.0 1.3 30.6 46.3 105 1.8
0.87 -ve 0.7 5.5 0.6 -0.7 2,032 -5.0 -26.4 -27.5 - -
FTSE Greece
2.31 -9.2 0.8 4.8 0.9 -9.1 19,167 0.6 -0.1 -1.6 - -

5–70
August 2022 FTSE Russell

Hong Kong, China - Overview WORLD/DEVELOPED

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Lifestyle Internatio Retailers 4.60 70.37 China Travel Interna Travel and Leisure 1.43 31.19
Swire Pacific B General Industrials 9.12 23.58 Cathay Pacific Air Travel and Leisure 8.16 24.96
Swire Pacific A General Industrials 54.35 21.72 Budweiser Brewing Co Beverages 23.15 18.96
Samsonite Internatio Personal Goods 19.24 17.03 Samsonite Internatio Personal Goods 19.24 18.18
Yue Yuen Industrial Personal Goods 11.72 12.26 Hongkong Land Holdin Real Estate Investment & Services 4.84 15.24

Lenovo Group Technology Hardware & Equip. 6.50 -14.36 Lee & Man Paper Industrial Materials 2.82 -58.71
MicroPort Scientific Medical Equipment and Services 15.72 -15.21 AAC Technologies Hol Technology Hardware & Equip. 14.62 -66.27
Hutchison Telecommun Telecommunications Service Prov. 1.16 -18.31 HUTCHMED (China) Pharmaceuticals & Biotechnology 19.50 -66.72
Orient Overseas (Int Industrial Transportation 219.80 -19.49 MicroPort Scientific Medical Equipment and Services 15.72 -67.35
SITC International H Industrial Transportation 20.00 -24.95 Huabao International Chemicals 4.03 -78.31

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Techtronic Industrie Industrial Engineering 93.20 3.28 0.21 BOC Hong Kong (Holdi Banks 27.10 2.61 0.25
Swire Pacific A General Industrials 54.35 0.74 0.13 Budweiser Brewing Co Beverages 23.15 1.05 0.13
Samsonite Internatio Personal Goods 19.24 0.67 0.09 Hongkong Land Holdin Real Estate Investment & Services 4.84 1.15 0.13

Country Details
ESR Cayman Real Estate Investment & Services 22.05 0.98 0.07 Wharf Holdings Real Estate Investment & Services 29.60 0.97 0.08
Budweiser Brewing Co Beverages 23.15 1.05 0.06 Want Want China Hold Food Producers 5.54 0.64 0.08

SITC International H Industrial Transportation 20.00 0.63 -0.20 HK & China Gas Gas Water and Multi-utilities 7.75 2.26 -1.06
Lenovo Group Technology Hardware & Equip. 6.50 1.30 -0.21 Techtronic Industrie Industrial Engineering 93.20 3.28 -2.01
Link Real Estate Inv Real Estate Investment Trusts 60.85 3.45 -0.26 Beigene (P Chip) Pharmaceuticals & Biotechnology 103.10 0.42 -2.58
AIA Group Ltd. Life Insurance 75.95 24.66 -0.95 AIA Group Ltd. Life Insurance 75.95 24.66 -4.27
Hong Kong Exchanges Investment Banking & Brokerage 317.80 10.83 -1.35 Hong Kong Exchanges Investment Banking & Brokerage 317.80 10.83 -4.50

FTSE Hong Kong, China Index Performance % FTSE Hong Kong, China Index Volatility %
130 60

120 50
110
40
100
30
90

5–71
20
80

70 10

60 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–71
FTSE All-World Review August 2022

Hong Kong, China - Industry/Sector/Style Summary WORLD/DEVELOPED

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % HKD (mn) Wgt % Stocks Cont1M%
5.49 4.6 1.5 3.4 0.2 35.3 Technology 624.39 -10.34 -31.98 -36.75 1603.69 -7.55 -29.29 -33.82 78,589 2.11 4 -0.23
5.49 4.6 1.5 3.4 0.2 35.3 Technology Hardware & Equip. 145.85 -10.34 -31.98 -36.75 404.51 -7.55 -29.29 -33.82 78,589 2.11 4 -0.23
8.54 10.3 1.8 4.1 0.5 16.4 Telecommunications 583.07 -5.00 -7.58 -13.54 2611.51 -3.63 -0.55 -6.33 29,286 0.79 4 -0.04
7.46 11.3 1.2 7.8 0.3 10.8 Telecommunications Equipment 775.76 -0.88 -16.06 -25.53 878.40 -0.88 -11.58 -20.34 11,525 0.31 2 0.00
9.24 9.8 2.4 3.1 0.8 23.1 Telecommunications Service Prov. 761.59 -7.50 -1.07 -3.40 2829.07 -5.32 7.65 5.11 17,761 0.48 2 -0.04
0.00 -13.1 2.5 -12.5 5.7 -23.5 Health Care 167.62 -8.19 -52.24 -72.26 339.88 -8.19 -52.24 -72.26 17,062 0.46 2 -0.04
0.00 -15.0 2.7 -14.5 5.0 -19.9 Medical Equipment and Services 197.31 -15.21 -44.65 -67.35 400.08 -15.21 -44.65 -67.35 7,562 0.20 1 -0.03
0.00 -11.8 2.4 -11.3 6.5 -26.5 Pharmaceuticals & Biotechnology 29.53 -1.71 -48.68 29.53 -1.71 -48.68 9,500 0.26 1 0.00
2.37 17.3 2.2 5.8 3.4 13.1 Financials 1331.03 -5.94 -12.56 -22.08 4328.18 -5.64 -11.00 -20.37 1,525,589 41.00 9 -2.48
4.04 12.9 0.9 6.3 3.2 7.1 Banks 1382.10 -3.37 -5.08 -1.98 6310.14 -3.13 -2.75 1.82 200,782 5.40 5 -0.18
2.54 29.7 6.3 16.5 17.8 21.2 Investment Banking & Brokerage 5665.89 -11.40 -30.29 -35.49 18015.50 -10.45 -28.68 -33.96 407,290 10.94 3 -1.35
1.92 15.6 2.3 4.5 2.5 15.1 Life Insurance 3195.99 -3.86 -3.37 -18.29 8817.30 -3.86 -2.03 -16.82 917,517 24.66 1 -0.95
4.79 13.2 0.5 12.0 3.6 3.6 Real Estate 864.38 -3.02 -5.87 -11.46 920.13 -2.79 -3.38 -7.45 736,887 19.80 18 -0.59
4.72 12.2 0.4 10.9 3.1 3.6 Real Estate Investment & Services 839.59 -2.05 -4.52 -10.54 2889.12 -1.76 -1.92 -6.52 601,957 16.18 16 -0.32
5.11 20.4 0.8 21.2 10.8 3.7 Real Estate Investment Trusts 1840.44 -7.14 -11.57 -15.44 7382.97 -7.14 -9.59 -11.54 134,931 3.63 2 -0.27
0.85 -ve 2.3 40.0 2.0 -1.0 Consumer Discretionary 259.76 -1.67 -19.52 -29.84 820.71 -1.51 -18.85 -29.17 310,490 8.34 20 -0.14
2.46 12.7 1.3 13.1 1.1 10.4 Automobiles and Parts 513.18 3.16 -36.05 -31.35 1859.35 3.16 -34.27 -29.45 20,460 0.55 2 0.02
4.66 10.1 2.1 11.5 1.0 22.4 Household Goods & Home Constr. 1399.93 0.27 -48.39 -54.47 3828.25 0.27 -47.11 -53.30 15,466 0.42 2 0.00
1.57 34.1 2.8 10.1 1.3 8.7 Personal Goods 814.09 4.74 3.71 -0.70 2845.32 5.39 4.94 0.97 82,671 2.22 4 0.10
0.00 -5.3 2.6 7.6 3.0 -40.2 Retailers 89.28 70.37 7.23 -19.74 288.90 70.37 7.23 -19.74 2,126 0.06 1 0.02
0.07 -22.8 2.3 -46.8 3.7 -7.7 Travel and Leisure 288.26 -5.28 -1.88 -20.64 909.60 -5.28 -1.88 -20.59 189,766 5.10 11 -0.27
4.29 13.9 1.9 7.2 0.7 13.2 Consumer Staples 496.77 -2.11 -3.84 -5.08 1613.75 -1.47 -1.12 -2.04 178,768 4.80 10 -0.10
2.13 42.8 3.2 21.0 3.0 7.6 Beverages 112.82 4.24 1.65 -1.18 304.01 4.24 3.53 0.65 56,821 1.53 3 0.06
6.09 9.6 1.4 5.1 0.5 14.3 Food Producers 836.50 -5.17 -5.49 -6.02 2337.03 -4.11 -2.01 -2.08 98,659 2.65 4 -0.14
1.96 19.2 3.0 7.9 1.0 15.7 Personal Care, Drug & Grocery St. 863.22 -3.18 -10.02 -10.90 2058.28 -2.97 -8.71 -9.06 23,288 0.63 3 -0.02
5.47 7.8 0.8 6.6 1.1 9.1 Industrials 923.70 -1.45 -1.96 -13.58 2593.08 -0.33 2.87 -8.63 532,523 14.31 13 -0.20
7.94 11.7 0.6 39.7 1.0 5.4 Construction and Materials 1411.43 -2.83 3.42 0.13 6727.67 -2.83 7.66 8.35 10,680 0.29 1 -0.01
3.66 6.0 0.4 5.8 0.3 7.8 Electronic and Electrical Equipment 581.49 -7.47 -43.77 -47.93 1160.01 -7.47 -42.75 -46.51 3,286 0.09 1 -0.01
5.19 6.6 0.5 4.8 0.9 6.5 General Industrials 768.51 0.61 -1.94 -15.70 2147.89 1.17 1.94 -11.63 268,255 7.21 5 0.04
2.09 18.0 4.6 -ve 1.7 28.3 Industrial Engineering 1123.57 7.06 1135.13 8.17 122,108 3.28 1 0.21
9.11 6.6 1.7 5.4 2.0 26.7 Industrial Transportation 710.86 -11.69 -9.65 -16.22 2664.58 -9.34 -3.11 -9.95 128,194 3.44 5 -0.44
2.50 4.7 0.7 2.1 0.6 16.0 Basic Materials 147.29 -5.81 -52.37 -64.35 509.74 -5.18 -51.54 -63.67 13,179 0.35 3 -0.02
6.21 3.9 0.4 4.5 0.4 10.5 Industrial Materials 245.34 -5.37 -47.97 -58.71 648.37 -3.37 -45.22 -56.53 3,998 0.11 1 -0.01
0.00 3.5 1.2 1.1 0.6 47.4 Industrial Metals and Mining 146.74 -6.90 -13.60 -42.71 403.08 -6.90 -13.60 -42.71 5,307 0.14 1 -0.01
2.08 13.9 0.8 7.3 2.8 6.0 Chemicals 1249.87 -4.73 -72.01 -78.31 4173.78 -4.73 -71.89 -78.13 3,874 0.10 1 0.00
0.00 10.8 1.8 5.9 3.4 17.4 Energy 365.81 7.78 57.41 -15.44 1023.17 7.78 57.41 -15.44 7,265 0.20 1 0.01
0.00 10.8 1.8 5.9 3.4 17.4 Oil Gas and Coal 0.01 7.78 57.41 -15.44 0.02 7.78 57.41 -15.44 7,265 0.20 1 0.01
4.93 19.3 1.4 11.9 3.1 7.5 Utilities 1077.11 -3.60 -19.97 -19.99 4267.52 -3.60 -17.66 -16.57 291,686 7.84 5 -0.28
5.12 17.3 1.3 11.7 3.6 7.6 Electricity 931.03 -2.31 -9.50 -8.37 4308.89 -2.31 -6.77 -4.08 203,465 5.47 3 -0.12
4.51 25.9 1.8 12.3 2.4 7.2 Gas Water and Multi-utilities 1168.32 -6.46 -36.85 -38.12 3568.98 -6.46 -35.16 -35.88 88,221 2.37 2 -0.16
3.56 14.3 1.1 7.5 1.8 7.4 FTSE Hong Kong, China 881.41 -4.11 -13.50 -22.66 2805.13 -3.66 -11.40 -20.19 3,721,323 100.00 89 -

5–72
August 2022 FTSE Russell

Hong Kong, China - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% HKD (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Technology Hardware & Equip.
2.74 10.8 0.7 7.6 0.8 6.3 Dec 21 B85LKS1 12.7 0.27 AAC Technologies Hol 14.62 HKD 1,209 56.4 9,967 100.0 -3.7 -52.5 -66.3 5,584 80.9
6.39 7.7 1.6 10.3 1.1 23.0 Dec 21 6002453 24.0 0.51 ASMPT 61.05 HKD 413 74.7 18,839 75.0 -2.3 -27.5 -34.1 922 59.4
0.00 6.1 0.4 12.9 0.2 7.7 Dec 21 BYVSXD4 1.6 0.03 FOXCONN INTERCONNECT 1.17 HKD 7,134 15 1,255 75.0 -7.1 -23.5 -29.1 4,396 5.3
5.85 3.6 2.0 2.4 0.1 65.6 Mar 22 6218089 61.7 1.30 Lenovo Group 6.50 HKD 12,042 62 48,528 0.0 -14.4 -27.5 -24.6 41,673 287.7
5.49 4.6 1.5 3.4 0.2 35.3 78,589 -10.3 -32.0 -36.8 - -
Telecommunications Equipment
0.00 18.6 0.5 3.8 0.1 2.7 Dec 21 BBQ2Z67 25.3 0.08 FIH Mobile 1.02 HKD 7,973 35.8 2,919 0.0 -2.9 -25.0 -12.1 4,432 4.5
9.99 10.0 2.5 12.1 0.7 24.6 Mar 22 6928560 74.7 0.23 VTech Holdings 53.45 HKD 252 63.8 8,606 0.0 -0.2 -12.4 -29.3 180 9.4
7.46 11.3 1.2 7.8 0.3 10.8 11,525 -0.9 -16.1 -25.5 - -
Telecommunications Service Prov.
6.46 17.6 0.5 1.6 1.0 2.8 Dec 21 B3XH0P3 8.0 0.04 Hutchison Telecommun 1.16 HKD 4,819 25.2 1,412 0.0 -18.3 -7.2 -5.7 4,310 5.2
9.48 9.4 3.6 3.4 0.8 35.0 Dec 21 6574071 92.0 0.44 PCCW 3.93 HKD 7,740 53.7 16,349 0.0 -6.4 -0.5 -3.2 7,576 31.0
9.24 9.8 2.4 3.1 0.8 23.1 17,761 -7.5 -1.1 -3.4 - -
Medical Equipment and Services
0.00 -15.0 2.7 -14.5 5.0 -19.9 Dec 21 B676TW7 100.0 0.20 MicroPort Scientific 15.72 HKD 1,822 26.4 7,562 0.0 -15.2 -44.6 -67.4 5,170 93.9
0.00 -15.0 2.7 -14.5 5.0 -19.9 7,562 -15.2 -44.6 -67.4 - -
Pharmaceuticals & Biotechnology
0.00 -11.8 2.4 -11.3 6.5 -26.5 Dec 21 BNTDT81 100.0 0.26 HUTCHMED (China) 19.50 HKD 865 56.3 9,500 -1.7 -65.6 -66.7 1,073 22.3

Country Details
0.00 -11.8 2.4 -11.3 6.5 -26.5 9,500 -1.7 -48.7 - - -
Banks
7.07 6.0 0.3 7.9 1.1 4.5 Dec 21 6075648 4.7 0.25 Bank of East Asia 9.90 HKD 2,689 35.3 9,419 0.0 -0.8 -11.6 -24.1 1,226 12.2
4.17 12.5 1.0 6.9 2.9 7.8 Dec 21 6536112 48.4 2.61 BOC Hong Kong (Holdi 27.10 HKD 10,573 33.9 97,160 0.0 -4.4 6.1 14.8 6,390 176.2
5.06 5.1 0.2 1.4 0.9 4.5 Dec 21 6249799 1.5 0.08 Dah Sing 20.95 HKD 320 44 2,951 0.0 1.7 -11.2 -13.4 96 2.0
5.56 5.2 0.3 1.8 1.3 5.7 Dec 21 B01G0P1 1.1 0.06 Dah Sing Banking Gro 6.11 HKD 1,406 25.8 2,222 0.0 2.2 -8.3 -18.3 356 2.1
3.50 17.1 1.4 6.6 5.8 8.0 Dec 21 6408374 44.3 2.39 Hang Seng Bank 123.00 HKD 1,912 37.8 89,030 36.5 -2.8 -13.8 -11.6 1,265 159.3
4.04 12.9 0.9 6.3 3.2 7.1 200,782 -3.4 -5.1 -2.0 - -
Investment Banking & Brokerage
7.59 6.9 0.5 0.5 1.9 7.2 Dec 21 B3W1335 0.5 0.05 Guotai Junan Interna 0.79 HKD 9,619 25.7 1,955 100.0 0.0 -26.9 -42.3 2,590 2.1
21.63 16.7 0.2 0.3 1.1 1.2 Dec 21 6898908 0.6 0.06 Haitong Internationa 0.87 HKD 6,641 41.8 2,417 50.0 -7.4 -43.0 -57.5 7,083 6.3
2.40 30.3 8.1 33.0 20.5 27.0 Dec 21 6267359 98.9 10.83 Hong Kong Exchanges 317.80 HKD 1,268 100 402,919 60.2 -11.5 -30.2 -35.2 3,200 1,078.3
2.54 29.7 6.3 16.5 17.8 21.2 407,290 -11.4 -30.3 -35.5 - -
Life Insurance
1.92 15.6 2.3 4.5 2.5 15.1 Dec 21 B4TX8S1 100.0 24.66 AIA Group Ltd. 75.95 HKD 12,081 100 917,517 100.0 -3.9 -3.4 -18.3 18,637 1,423.1
1.92 15.6 2.3 4.5 2.5 15.1 917,517 -3.9 -3.4 -18.3 - -
Real Estate Investment & Services
4.14 9.1 0.5 7.5 3.1 5.9 Dec 21 BYZQ077 17.4 2.81 CK Asset Holdings 53.10 HKD 3,644 54.1 104,734 0.0 -4.2 8.0 4.7 3,616 196.0
0.00 35.6 3.3 57.9 31.1 9.6 Dec 21 BHNCRK0 6.1 0.98 ESR Cayman 22.05 HKD 4,473 36.9 36,459 0.0 8.4 -16.3 -7.0 2,023 41.4
6.47 7.0 0.2 10.5 1.7 2.8 Dec 21 6408352 1.9 0.31 Hang Lung Group 13.30 HKD 1,362 64 11,590 0.0 -6.1 -20.2 -31.7 549 7.5
5.96 15.2 0.4 41.4 5.7 2.8 Dec 21 6030506 3.9 0.64 Hang Lung Properties 13.08 HKD 4,499 40.2 23,713 0.0 -8.4 -18.5 -30.0 3,584 47.6
6.84 9.6 0.4 39.2 5.4 4.0 Dec 21 6420538 5.7 0.92 Henderson Land Dev 26.30 HKD 4,841 26.7 34,118 0.0 -3.7 -20.8 -25.3 2,661 72.4

5–73
4.55 -31.7 0.3 20.9 4.6 -1.0 Dec 21 6434915 7.1 1.15 Hongkong Land Holdin 4.84 USD 2,265 49.6 42,693 75.0 -6.7 -6.9 15.2 1,552 7.8
6.50 16.5 0.3 8.3 6.3 1.9 Dec 21 6449629 2.2 0.36 Hysan Development 22.15 HKD 1,032 58.7 13,431 0.0 -7.9 -8.1 -20.2 797 18.5
7.45 2.5 0.2 2.2 1.7 9.1 Dec 21 6486314 1.8 0.29 Kerry Properties 18.12 HKD 1,455 40.9 10,797 0.0 -4.0 -10.7 -23.7 1,081 20.1
8.03 25.3 0.3 3.9 0.9 1.2 Jun 21 BM94GQ4 6.0 0.97 New World Developmt 25.65 HKD 2,517 55.9 36,111 0.0 -2.1 -16.9 -29.9 3,031 79.7
12.12 4.3 0.2 0.8 0.4 4.2 Dec 21 B16NHT7 0.6 0.09 Shui On Land 0.99 HKD 8,062 42.8 3,419 0.0 -4.8 -5.7 -22.0 4,920 4.9
0.00 4.1 0.1 1.8 0.8 2.7 Dec 21 6806633 0.3 0.04 Shun Tak Holdings 1.31 HKD 3,020 41.1 1,627 0.0 -10.9 -39.1 -41.3 1,050 1.4
4.87 9.2 0.6 22.1 3.6 6.4 Jun 21 6810429 6.9 1.12 Sino Land 11.50 HKD 7,718 46.8 41,592 75.0 -1.4 18.4 3.0 3,263 38.3
5.36 9.8 0.5 17.2 3.1 4.7 Jun 21 6859927 21.8 3.52 Sun Hung Kai Props 92.30 HKD 2,898 49 131,058 20.8 -1.5 -2.4 -15.8 - -
5.24 14.8 0.4 21.0 6.3 2.5 Dec 21 B67C2G0 3.2 0.51 Swire Properties 18.14 HKD 5,850 18 19,101 25.0 -2.9 -7.2 -13.8 1,537 28.5
1.35 15.0 0.6 35.4 4.0 3.8 Dec 21 6435576 6.0 0.97 Wharf Holdings 29.60 HKD 3,056 39.9 36,122 0.0 3.1 23.6 12.5 722 20.9
3.74 24.8 0.5 13.6 6.8 2.1 Dec 21 BF0GWS4 9.2 1.49 Wharf Real Estate In 35.80 HKD 3,036 50.9 55,390 0.0 2.6 -9.6 -7.1 2,460 90.8
4.72 12.2 0.4 10.9 3.1 3.6 601,957 -2.1 -4.5 -10.5 - -
Real Estate Investment Trusts
6.74 -24.2 0.4 12.6 7.3 -1.7 Dec 21 B14WZ47 5.0 0.18 Champion REIT 3.38 HKD 5,955 33.4 6,731 25.0 -2.3 -15.3 -23.7 934 3.2
5.02 18.6 0.8 22.0 11.1 4.3 Mar 22 B0PB4M7 95.0 3.45 Link Real Estate Inv 60.85 HKD 2,110 99.8 128,200 100.0 -7.4 -11.4 -15.0 3,455 220.1
5.11 20.4 0.8 21.2 10.8 3.7 134,931 -7.1 -11.6 -15.4 - -
Automobiles and Parts
2.82 15.0 1.4 17.9 1.6 9.9 Dec 21 B0RJCG9 76.8 0.42 Minth Group 22.35 HKD 1,162 60.4 15,704 100.0 6.7 -34.9 -30.8 2,323 51.0
1.27 8.5 1.0 7.0 0.6 11.7 Dec 21 BBPD5F0 23.2 0.13 Nexteer Automotive G 5.86 HKD 2,510 32.3 4,756 50.0 -7.0 -39.5 -33.1 9,744 62.8
2.46 12.7 1.3 13.1 1.1 10.4 20,460 3.2 -36.0 -31.4 - -
Household Goods & Home Constr.
4.39 9.4 2.2 13.5 0.8 25.8 Dec 21 BKL9QV8 38.8 0.16 JS Global Lifestyle 9.33 HKD 3,495 18.4 6,005 0.0 -1.1 -29.0 -52.2 2,361 20.4

5–73
FTSE All-World Review August 2022

Hong Kong, China - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% HKD (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Household Goods & Home Constr.
4.82 10.6 2.1 10.5 1.1 20.5 Mar 22 B58YWF7 61.2 0.25 Man Wah Holdings Ltd 6.22 HKD 3,929 38.7 9,462 0.0 1.1 -48.5 -57.2 7,541 45.9
4.66 10.1 2.1 11.5 1.0 22.4 15,466 0.3 -48.4 -54.5 - -
Personal Goods
3.15 23.5 4.7 11.6 1.6 21.0 Mar 22 B4R39F7 33.5 0.74 Chow Tai Fook Jewell 15.86 HKD 10,000 17.4 27,716 0.0 2.2 13.1 0.6 4,449 71.0
1.30 41.7 4.4 12.1 4.1 11.1 Dec 21 B4PFFW4 26.4 0.59 Prada 42.60 HKD 2,559 20 21,801 0.0 -6.0 -14.6 -7.4 509 22.3
0.00 89.3 5.8 10.7 2.0 7.0 Dec 21 B4Q1532 30.2 0.67 Samsonite Internatio 19.24 HKD 1,437 90.1 24,930 100.0 17.0 21.5 18.2 5,518 104.1
1.71 18.6 0.6 5.0 0.3 3.3 Dec 21 6586537 9.9 0.22 Yue Yuen Industrial 11.72 HKD 1,612 43.5 8,225 0.0 12.3 -10.1 -25.7 630 7.1
1.57 34.1 2.8 10.1 1.3 8.7 82,671 4.7 3.7 -0.7 - -
Retailers
0.00 -5.3 2.6 7.6 3.0 -40.2 Dec 21 B00LN47 100.0 0.06 Lifestyle Internatio 4.60 HKD 1,502 30.7 2,126 75.0 70.4 7.2 -7.1 3,961 17.8
0.00 -5.3 2.6 7.6 3.0 -40.2 2,126 70.4 7.2 -19.7 - -
Travel and Leisure
3.37 +ve 2.3 5.6 0.9 0.7 Mar 22 6160953 2.0 0.10 Cafe De Coral Holdin 11.26 HKD 586 56.6 3,737 0.0 -6.0 -19.0 -20.5 290 3.4
0.00 -9.4 0.7 5.9 1.2 -7.7 Dec 21 6179755 4.3 0.22 Cathay Pacific Air 8.16 HKD 6,437 15.3 8,087 0.0 0.5 27.7 25.0 8,751 74.5
0.00 45.2 0.5 45.0 2.2 1.0 Dec 21 6197285 1.9 0.10 China Travel Interna 1.43 HKD 5,537 46 3,642 0.0 -3.4 -7.1 31.2 2,859 4.1
0.00 +ve 2.8 -85.5 9.8 2.3 Dec 21 6465874 50.0 2.55 Galaxy Entertainment 44.10 HKD 4,360 49.3 94,918 95.1 -5.6 9.9 -11.0 5,400 246.6
0.00 -3.0 1.1 -3.8 0.5 -29.8 Dec 21 B092QP3 2.1 0.11 Melco International 5.18 HKD 1,517 51.5 4,047 100.0 -2.8 -45.5 -54.2 1,466 7.6
0.00 -4.1 12.9 -10.2 1.6 -ve Dec 21 B4P8HQ1 1.6 0.08 MGM China Holdings 4.07 HKD 3,800 19.4 3,011 100.0 -3.3 -14.0 -47.8 1,853 7.5
0.00 N/A N/A N/A N/A N/A Dec 21 B1FSSM3 5.0 0.26 NagaCorp 6.37 HKD 4,341 34.5 9,562 0.0 -13.0 -6.3 1.9 673 4.5
0.00 -17.9 20.7 -64.2 6.4 -73.1 Dec 21 B5B23W2 22.4 1.14 Sands China 17.70 HKD 8,093 29.6 42,488 100.0 -3.8 -2.5 -29.1 10,397 181.6
0.00 -10.2 0.5 -36.2 2.3 -4.8 Dec 21 6771032 3.7 0.19 Shangri-La Asia 6.27 HKD 3,586 30.8 6,931 0.0 -2.2 -3.7 -8.3 722 4.6
0.00 -4.8 1.0 -3.9 1.9 -18.1 Dec 21 B2NR3Y6 3.4 0.17 SJM Holdings 2.75 HKD 7,102 32.9 6,429 0.0 -8.3 -44.1 -56.7 19,047 54.4
0.00 -4.8 -2.5 -7.1 2.1 N/A Dec 21 B4JSTL6 3.6 0.19 Wynn Macau Ltd. 4.74 HKD 5,210 28 6,915 0.0 -8.1 -25.6 -45.9 4,109 19.8
0.07 -22.8 2.3 -46.8 3.7 -7.7 189,766 -5.3 -1.9 -20.6 - -
Beverages
1.02 39.5 3.6 20.7 5.8 9.2 Dec 21 BKDXJH5 69.0 1.05 Budweiser Brewing Co 23.15 HKD 13,243 12.7 39,180 0.0 6.4 13.2 19.0 4,975 113.7
7.01 17.0 1.9 10.5 1.0 10.9 Dec 21 B29MKF5 13.6 0.21 Uni-President China 6.77 HKD 4,319 26.5 7,753 0.0 -5.6 -10.4 -8.1 4,019 27.8
2.66 -83.4 4.0 +ve 2.0 -4.6 Mar 22 6927590 17.4 0.27 Vitasoy Internationa 12.32 HKD 1,070 75 9,887 100.0 4.2 -21.7 -38.7 760 8.6
2.13 42.8 3.2 21.0 3.0 7.6 56,821 4.2 1.7 -1.2 - -
Food Producers
6.27 3.5 0.5 1.1 0.2 14.7 Dec 21 6339872 7.1 0.19 First Pacific 3.03 HKD 4,269 53.9 6,976 0.0 -3.2 5.6 4.5 1,909 5.8
11.92 17.1 3.4 10.3 0.9 19.2 Dec 21 6903556 26.4 0.70 Tingyi (Cayman Islan 13.96 HKD 5,632 33.1 26,063 0.0 8.0 -12.9 4.5 6,358 83.0
4.14 13.8 3.5 14.5 2.4 26.7 Mar 22 B2Q14Z3 24.2 0.64 Want Want China Hold 5.54 HKD 11,900 36.1 23,832 0.0 -9.7 -19.5 8.9 5,979 36.2
3.54 8.2 1.0 4.8 0.3 11.5 Dec 21 BLLHKZ1 42.4 1.12 WH Group 5.36 HKD 12,830 60.7 41,788 0.0 -9.8 9.6 -20.6 18,786 103.3
6.09 9.6 1.4 5.1 0.5 14.3 98,659 -5.2 -5.5 -6.0 - -
Personal Care, Drug & Grocery St.
2.76 27.8 2.9 3.9 0.4 10.3 Dec 21 6180274 27.5 0.17 DFI Retail Group Hol 2.72 USD 1,353 22.1 6,413 25.0 -2.9 -4.9 -22.9 233 0.6
1.34 17.9 3.6 14.1 2.6 20.9 Mar 22 B3PG229 48.1 0.30 L'Occitane Internati 24.75 HKD 1,470 30.7 11,192 50.0 -7.1 -21.6 -6.4 299 7.7
2.28 16.0 2.2 10.5 1.5 14.2 Dec 21 B1Z7648 24.4 0.15 Vinda Internatio 21.95 HKD 1,203 21.5 5,682 0.0 5.3 15.5 -4.1 645 13.8
1.96 19.2 3.0 7.9 1.0 15.7 23,288 -3.2 -10.0 -10.9 - -
Construction and Materials
7.94 11.7 0.6 39.7 1.0 5.4 Jun 21 6568353 100.0 0.29 NWS Holdings 7.56 HKD 3,911 36.1 10,680 50.0 -2.8 3.4 0.1 869 6.7
7.94 11.7 0.6 39.7 1.0 5.4 10,680 -2.8 3.4 0.1 - -
Electronic and Electrical Equipment
3.66 6.0 0.4 5.8 0.3 7.8 Mar 22 BP4JH17 100.0 0.09 Johnson Electric 9.29 HKD 906 39 3,286 0.0 -7.5 -43.8 -47.9 806 7.7
3.66 6.0 0.4 5.8 0.3 7.8 3,286 -7.5 -43.8 -47.9 - -
General Industrials
5.24 4.6 0.4 3.8 0.7 8.4 Dec 21 BW9P816 50.3 3.63 CK Hutchison Holding 50.75 HKD 3,835 69.3 135,020 0.0 -2.5 0.9 -10.6 3,492 180.5
3.97 18.5 1.3 7.5 1.1 7.0 Dec 21 6472119 25.4 1.83 Jardine Matheson Hol 53.10 USD 715 22.8 68,004 25.0 0.6 -3.5 -2.2 697 36.6
4.78 22.6 0.3 7.0 0.9 1.4 Dec 21 6867748 10.3 0.74 Swire Pacific A 54.35 HKD 905 55.9 27,541 0.0 21.7 22.5 3.1 2,448 128.5
5.70 18.9 0.3 5.9 0.8 1.4 Dec 21 6867760 3.1 0.22 Swire Pacific B 9.12 HKD 2,982 30.7 8,365 25.0 23.6 19.4 7.9 4,165 36.1
7.97 5.1 1.7 5.0 1.9 37.0 Dec 21 B05NXN7 10.9 0.79 Xinyi Glass Holding 14.56 HKD 4,028 50 29,325 50.0 -5.8 -25.3 -55.5 10,115 154.8
5.19 6.6 0.5 4.8 0.9 6.5 268,255 0.6 -1.9 -15.7 - -
Industrial Engineering
2.09 18.0 4.6 -ve 1.7 28.3 Dec 21 B0190C7 100.0 3.28 Techtronic Industrie 93.20 HKD 1,835 71.4 122,108 100.0 7.1 -39.9 -46.0 6,149 590.7
2.09 18.0 4.6 -ve 1.7 28.3 122,108 7.1 - - - -
Industrial Transportation
3.52 10.0 1.1 4.2 3.0 11.2 Dec 21 BYZJV17 10.2 0.35 BOC Aviation 63.05 HKD 694 30 13,127 50.0 -5.5 10.4 8.1 257 16.9
4.11 5.3 1.5 5.3 0.4 24.3 Dec 21 BH0W286 3.7 0.13 Kerry Logistics Netw 17.28 HKD 1,807 15 4,716 25.0 9.5 -9.3 -4.3 546 8.9
3.58 23.1 1.4 35.1 5.3 6.1 Dec 21 6290054 45.2 1.56 MTR Corp 40.25 HKD 6,194 23.2 57,934 50.0 -3.0 -3.8 -8.1 2,369 97.3
15.51 2.6 1.9 2.1 1.1 93.2 Dec 21 6659116 22.5 0.77 Orient Overseas (Int 219.80 HKD 660 19.8 28,811 0.0 -19.5 17.3 - 1,688 396.9
19.00 6.3 4.9 5.5 2.4 86.6 Dec 21 B61X7R5 18.4 0.63 SITC International H 20.00 HKD 2,682 44 23,605 0.0 -25.0 -29.1 -39.3 5,357 124.4

5–74
August 2022 FTSE Russell

Hong Kong, China - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% HKD (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Industrial Transportation
9.11 6.6 1.7 5.4 2.0 26.7 128,194 -11.7 -9.7 -16.2 - -
Industrial Materials
6.21 3.9 0.4 4.5 0.4 10.5 Dec 21 6693772 100.0 0.11 Lee & Man Paper 2.82 HKD 4,320 32.8 3,998 25.0 -5.4 -48.0 -58.7 3,439 10.4
6.21 3.9 0.4 4.5 0.4 10.5 3,998 -5.4 -48.0 -58.7 - -
Industrial Metals and Mining
0.00 3.5 1.2 1.1 0.6 47.4 Dec 21 6728793 100.0 0.14 MMG 2.16 HKD 8,639 28.4 5,307 100.0 -6.9 -13.6 -42.7 10,515 23.7
0.00 3.5 1.2 1.1 0.6 47.4 5,307 -6.9 -13.6 -42.7 - -
Chemicals
2.08 13.9 0.8 7.3 2.8 6.0 Dec 21 B00HLY1 100.0 0.10 Huabao International 4.03 HKD 3,230 29.7 3,874 0.0 -4.7 -72.0 -78.3 3,960 16.2
2.08 13.9 0.8 7.3 2.8 6.0 3,874 -4.7 -72.0 -78.3 - -
Oil Gas and Coal
0.00 10.8 1.8 5.9 3.4 17.4 Dec 21 B0FXSY3 100.0 0.20 United Energy Group 0.97 HKD 26,290 28.4 7,265 25.0 7.8 57.4 -15.4 20,747 16.8
0.00 10.8 1.8 5.9 3.4 17.4 7,265 7.8 57.4 -15.4 - -
Electricity
5.23 15.9 1.0 15.4 17.1 6.7 Dec 21 BYVS6J1 13.8 0.76 CK Infrastructure Ho 47.80 HKD 2,520 23.3 28,163 0.0 -2.8 -3.7 1.2 1,385 68.2
4.58 18.4 1.5 9.2 2.0 8.3 Dec 21 6097017 54.6 2.98 CLP Holdings 67.70 HKD 2,527 64.9 111,063 0.0 1.8 -14.0 -12.9 2,758 186.4
6.00 16.3 1.2 18.9 78.6 7.2 Dec 21 6435327 31.6 1.73 Power Assets Holding 47.00 HKD 2,134 64 64,238 0.0 -8.5 -3.3 -3.8 2,223 109.3
5.12 17.3 1.3 11.7 3.6 7.6 203,465 -2.3 -9.5 -8.4 - -

Country Details
Gas Water and Multi-utilities
4.52 28.7 2.1 13.6 2.7 7.5 Dec 21 6436557 95.4 2.26 HK & China Gas 7.75 HKD 18,660 58.2 84,194 75.0 -6.4 -36.2 -38.1 15,833 127.2
4.35 8.6 0.5 4.1 0.6 5.8 Dec 21 6345460 4.6 0.11 Towngas China 3.45 HKD 3,160 36.9 4,027 0.0 -7.8 -49.1 -39.2 5,270 18.3
4.51 25.9 1.8 12.3 2.4 7.2 88,221 -6.5 -36.9 -38.1 - -
FTSE Hong Kong, China
3.56 14.3 1.1 7.5 1.8 7.4 3,721,323 -4.1 -13.5 -22.7 - -

5–75

5–75
FTSE All-World Review August 2022

Hungary - Overview WORLD/EMERGING

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Magyar Telekom Telec Telecommunications Service Prov. 338.00 8.16 MOL Oil Gas and Coal 2,750.00 21.51
OTP Banks 8,492.00 4.58 Richter Pharmaceuticals & Biotechnology 8,045.00 -9.20
Richter Pharmaceuticals & Biotechnology 8,045.00 -0.37 Magyar Telekom Telec Telecommunications Service Prov. 338.00 -21.58
MOL Oil Gas and Coal 2,750.00 -5.37 OTP Banks 8,492.00 -52.43

Magyar Telekom Telec Telecommunications Service Prov. 338.00 8.16 MOL Oil Gas and Coal 2,750.00 21.51
OTP Banks 8,492.00 4.58 Richter Pharmaceuticals & Biotechnology 8,045.00 -9.20
Richter Pharmaceuticals & Biotechnology 8,045.00 -0.37 Magyar Telekom Telec Telecommunications Service Prov. 338.00 -21.58
MOL Oil Gas and Coal 2,750.00 -5.37 OTP Banks 8,492.00 -52.43

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
OTP Banks 8,492.00 46.40 2.05 MOL Oil Gas and Coal 2,750.00 23.66 2.97
Magyar Telekom Telec Telecommunications Service Prov. 338.00 3.05 0.23 Magyar Telekom Telec Telecommunications Service Prov. 338.00 3.05 -0.55
Richter Pharmaceuticals & Biotechnology 8,045.00 26.89 -0.10 Richter Pharmaceuticals & Biotechnology 8,045.00 26.89 -1.78
MOL Oil Gas and Coal 2,750.00 23.66 -1.35 OTP Banks 8,492.00 46.40 -33.73

OTP Banks 8,492.00 46.40 2.05 MOL Oil Gas and Coal 2,750.00 23.66 2.97
Magyar Telekom Telec Telecommunications Service Prov. 338.00 3.05 0.23 Magyar Telekom Telec Telecommunications Service Prov. 338.00 3.05 -0.55
Richter Pharmaceuticals & Biotechnology 8,045.00 26.89 -0.10 Richter Pharmaceuticals & Biotechnology 8,045.00 26.89 -1.78
MOL Oil Gas and Coal 2,750.00 23.66 -1.35 OTP Banks 8,492.00 46.40 -33.73

FTSE Hungary Index Performance % FTSE Hungary Index Volatility %

150 100

140 90
80
130
70
120 60
110 50
100 40
30
90
20
80
10
70 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–76
August 2022 FTSE Russell

Hungary - Industry/Sector/Style Summary WORLD/EMERGING

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % HUF (mn) Wgt % Stocks Cont1M%
4.45 3.0 0.5 1.7 0.5 17.5 Telecommunications 225519.0 8.16 -17.86 -21.58 65.66 8.16 -14.65 -18.51 127,039 3.05 1 0.23
4.45 3.0 0.5 1.7 0.5 17.5 Telecommunications Service Prov. 832.51 8.16 -17.86 -21.58 897.50 8.16 -14.65 -18.51 127,039 3.05 1 0.23
2.80 9.7 1.6 10.5 2.4 18.0 Health Care 6.04265e -0.37 -7.79 -9.20 692.43 -0.37 -4.83 -6.28 1,120,865 26.89 1 -0.10
2.80 9.7 1.6 10.5 2.4 18.0 Pharmaceuticals & Biotechnology 6.14687e -0.37 -7.79 -9.20 704.17 -0.37 -4.83 -6.28 1,120,865 26.89 1 -0.10
5.07 4.7 0.8 2.9 1.3 18.0 Financials 7.27379e 4.58 -48.84 -52.43 817.32 4.58 -46.61 -50.35 1,933,988 46.40 1 2.05
5.07 4.7 0.8 2.9 1.3 18.0 Banks 7.27379e 4.58 -48.84 -52.43 817.32 4.58 -46.61 -50.35 1,933,988 46.40 1 2.05
3.67 3.2 0.6 1.8 0.3 21.6 Energy 6.39772e -5.37 16.88 21.51 796.45 -5.37 21.18 25.98 986,290 23.66 1 -1.35
3.67 3.2 0.6 1.8 0.3 21.6 Oil Gas and Coal 6.39772e -5.37 16.88 21.51 796.45 -5.37 21.18 25.98 986,290 23.66 1 -1.35
4.11 4.8 0.8 3.0 0.7 19.1 FTSE Hungary 3412.06 0.83 -30.02 -33.09 423.91 0.83 -27.18 -30.37 4,168,182 100.00 4 -

Hungary - Constituent Report WORLD/EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% HUF (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)

Country Details
Telecommunications Service Prov.
4.45 3.0 0.5 1.7 0.5 17.5 Dec 21 4577469 100.0 3.05 Magyar Telekom Telec 338.00 HUF 997 37.7 127,039 0.0 8.2 -17.9 -21.6 219 70.5
4.45 3.0 0.5 1.7 0.5 17.5 127,039 8.2 -17.9 -21.6 - -
Pharmaceuticals & Biotechnology
2.80 9.7 1.6 10.5 2.4 18.0 Dec 21 BC9ZH86 100.0 26.89 Richter 8,045.00 HUF 186 74.7 1,120,865 0.0 -0.4 -7.8 -9.2 224 1,808.1
2.80 9.7 1.6 10.5 2.4 18.0 1,120,865 -0.4 -7.8 -9.2 - -
Banks
5.07 4.7 0.8 2.9 1.3 18.0 Dec 21 7320154 100.0 46.40 OTP 8,492.00 HUF 277 82.2 1,933,988 100.0 4.6 -48.8 -52.4 542 4,845.4
5.07 4.7 0.8 2.9 1.3 18.0 1,933,988 4.6 -48.8 -52.4 - -
Oil Gas and Coal
3.67 3.2 0.6 1.8 0.3 21.6 Dec 21 BD5ZXH8 100.0 23.66 MOL 2,750.00 HUF 626 57.2 986,290 0.0 -5.4 16.9 21.5 757 2,170.3
3.67 3.2 0.6 1.8 0.3 21.6 986,290 -5.4 16.9 21.5 - -
FTSE Hungary
4.11 4.8 0.8 3.0 0.7 19.1 4,168,182 0.8 -30.0 -33.1 - -

5–77

5–77
FTSE All-World Review August 2022

India - Overview EMERGING

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
JSW Energy Ltd. Electricity 341.05 42.85 Adani Power Electricity 413.95 320.25
RBL Bank Banks 122.30 32.57 Tata Teleservices (M Telecommunications Service Prov. 108.45 195.10
Adani Power Electricity 413.95 31.85 Adani Gas Industrial Support Services 3,744.95 157.83
IDFC First Bank Banks 49.15 30.89 Adani Transmissions Electricity 3,960.70 150.58
Adani Transmissions Electricity 3,960.70 27.37 Adani Green Energy Electricity 2,436.20 128.03

Sona BLW Precision F Automobiles and Parts 522.00 -8.16 Gujarat Gas Gas Water and Multi-utilities 471.75 -34.73
Ipca Laboratories Pharmaceuticals & Biotechnology 905.20 -9.50 Wipro Software and Computer Services 413.55 -35.48
Coforge Software and Computer Services 3,560.35 -9.96 Dr. Lal PathLabs Medical Equipment and Services 2,566.30 -36.66
Indus Towers Telecommunications Service Prov. 199.80 -10.22 Indiabulls Housing F Finance and Credit Services 136.70 -38.97
Balkrishna Industrie Automobiles and Parts 2,046.05 -11.47 Zomato Software and Computer Services 57.95 -56.93

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Reliance Industries Oil Gas and Coal 2,637.95 10.48 0.53 Reliance Industries Oil Gas and Coal 2,637.95 10.48 1.53
Adani Transmissions Electricity 3,960.70 1.17 0.26 Adani Gas Industrial Support Services 3,744.95 1.23 0.79
Adani Gas Industrial Support Services 3,744.95 1.23 0.21 Adani Green Energy Electricity 2,436.20 1.13 0.68
Adani Enterprises General Industrials 3,194.35 0.99 0.20 Adani Transmissions Electricity 3,960.70 1.17 0.64
Mahindra&Mahindra Automobiles and Parts 1,308.70 1.42 0.16 Mahindra&Mahindra Automobiles and Parts 1,308.70 1.42 0.59

Balkrishna Industrie Automobiles and Parts 2,046.05 0.19 -0.03 Wipro Software and Computer Services 413.55 0.62 -0.36
Divis Laboratories Pharmaceuticals & Biotechnology 3,626.85 0.55 -0.03 Tata Steel Industrial Metals and Mining 108.30 1.04 -0.38
Sun Pharmaceuticals Pharmaceuticals & Biotechnology 893.05 1.15 -0.07 Tata Consultancy Ser Software and Computer Services 3,211.15 3.87 -0.75
Tata Consultancy Ser Software and Computer Services 3,211.15 3.87 -0.11 Housing Development Finance and Credit Services 2,446.40 5.07 -0.79
Infosys Software and Computer Services 1,492.95 6.27 -0.25 Infosys Software and Computer Services 1,492.95 6.27 -0.93

FTSE India Index Performance % FTSE India Index Volatility %

170 90
160 80
150 70
140
60
130
50
120
40
110
100 30

90 20
80 10
70 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country vol 1m vol 3m

5–78
August 2022 FTSE Russell

India - Industry/Sector/Style Summary EMERGING

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % INR (mn) Wgt % Stocks Cont1M%
2.16 23.1 7.2 24.7 4.8 32.6 Technology 2631.05 -2.47 -23.14 -16.77 1164.30 -2.46 -22.09 -15.17 12,439,543 14.70 14 -0.39
2.16 23.1 7.2 24.7 4.8 32.6 Software and Computer Services 2797.44 -2.47 -23.14 -16.77 1237.47 -2.46 -22.09 -15.17 12,439,543 14.70 14 -0.39
0.90 82.4 15.4 8.2 2.8 23.7 Telecommunications 804.05 5.63 -1.96 7.81 356.78 5.99 -0.85 9.02 2,098,342 2.48 5 0.14
0.90 82.4 15.4 8.2 2.8 23.7 Telecommunications Service Prov. 853.61 5.63 -1.96 7.81 377.27 5.99 -0.85 9.02 2,098,342 2.48 5 0.14
0.77 31.7 3.8 21.0 3.9 12.6 Health Care 2524.85 1.02 -9.63 -10.50 1046.14 1.25 -8.95 -9.80 4,750,209 5.61 19 0.06
0.16 56.9 8.3 47.2 5.5 15.6 Health Care Providers 156.73 3.14 -8.26 -7.45 157.12 3.33 -8.08 -7.27 715,518 0.85 2 0.03
0.47 56.6 14.1 45.6 10.2 27.2 Medical Equipment and Services 93.11 11.40 93.62 11.68 89,425 0.11 1 0.01
0.89 29.0 3.4 18.8 3.7 12.3 Pharmaceuticals & Biotechnology 4955.84 0.39 -9.89 -10.93 1981.52 0.64 -9.14 -10.17 3,945,266 4.66 16 0.02
0.95 20.3 2.3 34.7 2.4 12.3 Financials 7338.30 4.41 3.58 -3.05 3544.59 4.47 4.52 -2.08 16,053,032 18.97 39 0.84
0.66 17.8 1.7 5.4 1.8 10.2 Banks 8721.92 6.01 16.21 11.91 3938.86 6.17 17.08 12.75 5,385,289 6.37 14 0.38
1.53 15.5 2.0 -9.6 2.6 13.7 Finance and Credit Services 8989.95 2.74 -4.63 -12.15 4461.72 2.74 -3.34 -10.86 5,452,490 6.44 9 0.18
0.85 27.5 4.4 -12.5 5.6 17.4 Investment Banking & Brokerage 12671.60 5.46 6.15 -0.63 6219.22 5.46 6.97 0.34 3,211,620 3.80 8 0.20
0.23 +ve 9.0 5.5 1.6 9.6 Life Insurance 7598.36 2.52 -2.37 -9.11 3576.34 2.52 -2.18 -8.93 1,602,121 1.89 5 0.05
0.59 79.9 5.0 +ve 3.7 7.3 Non-life Insurance 748.93 6.00 -14.39 -24.46 368.95 6.00 -14.04 -23.96 401,511 0.47 3 0.03
1.79 46.8 2.4 40.4 12.6 5.2 Real Estate 1250.33 0.13 -2.74 11.80 1288.74 0.37 -1.32 13.85 762,262 0.90 5 0.00
0.39 55.7 3.3 68.4 13.0 6.3 Real Estate Investment & Services 621.58 0.24 -6.25 15.99 284.23 0.57 -5.87 16.45 569,078 0.67 4 0.00
5.91 31.7 1.3 18.3 11.6 4.1 Real Estate Investment Trusts 1057.89 -0.21 6.92 1.55 524.07 -0.21 11.58 7.64 193,184 0.23 1 0.00
0.64 53.7 5.7 53.1 1.8 10.0 Consumer Discretionary 1373.13 6.13 8.43 26.77 581.05 6.29 9.16 27.72 9,361,373 11.07 29 0.67

Country Details
0.71 38.8 3.9 32.6 1.4 8.4 Automobiles and Parts 6597.14 4.87 13.93 28.69 3224.37 5.08 15.00 29.96 4,601,855 5.44 11 0.26
0.49 85.5 30.2 +ve 30.3 39.7 Consumer Services 43.62 11.56 -14.55 29.13 16.35 11.81 -14.15 29.91 185,364 0.22 1 0.02
0.27 40.2 6.9 +ve 3.7 18.5 Household Goods & Home Constr. 278.73 2.86 3.54 -14.37 106.10 2.86 3.88 -14.09 55,544 0.07 1 0.00
1.37 40.4 6.1 64.0 2.9 15.7 Leisure Goods 1247.11 6.23 19.41 1257.27 6.52 20.38 1,179,466 1.39 4 0.09
0.36 86.9 13.7 -ve 1.3 16.9 Personal Goods 4237.22 7.87 4.97 34.46 2067.54 7.92 5.33 35.00 1,646,193 1.95 5 0.15
1.35 20.3 2.3 37.1 3.3 11.8 Media 1083.46 4.48 -16.71 38.31 458.42 4.68 -16.32 40.58 262,645 0.31 2 0.01
0.04 +ve 22.4 +ve 10.2 9.6 Retailers 35.26 7.14 2.03 17.54 13.14 7.14 2.07 17.59 1,012,982 1.20 3 0.08
0.10 -32.2 -97.2 73.2 4.7 25.7 Travel and Leisure 73.74 10.09 -8.14 -11.70 29.18 10.09 -8.03 -11.60 417,324 0.49 2 0.05
1.45 54.1 11.4 49.7 8.1 21.7 Consumer Staples 7481.92 2.51 11.70 3.48 3592.37 2.53 13.13 5.21 6,932,893 8.19 15 0.21
0.47 78.8 7.4 53.7 6.4 9.7 Beverages 2673.35 4.00 11.57 10.70 1052.58 4.13 12.14 11.27 1,045,544 1.24 4 0.05
1.02 76.9 42.9 74.9 6.7 56.4 Food Producers 14736.30 0.59 2.29 -1.02 6950.61 0.59 3.25 0.26 1,269,502 1.50 3 0.01
3.59 25.8 6.3 23.5 6.5 24.9 Tobacco 5408.69 5.76 46.98 51.68 2968.02 5.76 53.91 58.83 947,905 1.12 1 0.06
1.32 59.4 12.8 58.4 10.2 22.3 Personal Care, Drug & Grocery St. 2208.82 1.96 8.26 -4.71 928.77 1.96 9.15 -3.37 3,669,943 4.34 7 0.09
0.65 39.0 5.0 41.9 3.6 13.7 Industrials 10955.20 7.97 10.94 15.56 4666.42 8.09 11.68 16.43 11,064,835 13.08 33 1.01
0.84 25.0 3.0 18.6 2.2 12.7 Construction and Materials 9156.38 5.41 -4.60 -1.07 3945.13 5.58 -3.75 -0.17 4,147,112 4.90 10 0.26
1.75 21.5 5.1 11.6 4.0 25.6 Aerospace and Defense 17810.70 12.08 50.70 62.51 8673.34 12.66 53.86 67.04 524,758 0.62 2 0.07
0.38 70.2 4.6 52.7 3.8 6.7 Electronic and Electrical Equipment 22595.60 12.62 8.80 21.54 8988.33 12.62 9.17 22.11 645,119 0.76 4 0.09
0.36 +ve 17.1 +ve 7.7 14.6 General Industrials 1906.96 8.71 15.40 20.15 689.85 8.74 15.83 20.71 3,019,099 3.57 7 0.30
1.55 35.1 6.4 41.0 5.4 19.2 Industrial Engineering 7085.22 -2.79 26.63 19.36 3304.48 -1.95 28.78 21.39 161,092 0.19 1 -0.01
0.08 54.6 14.1 +ve 14.1 31.6 Industrial Support Services 0.07 17.24 74.09 104.71 0.03 17.24 74.39 105.06 1,177,663 1.39 3 0.21
0.83 41.5 4.4 -45.8 4.3 12.7 Industrial Transportation 1595.46 4.86 11.43 8.64 814.95 4.90 12.13 9.55 1,389,992 1.64 6 0.08

5–79
4.54 7.5 2.0 6.5 1.0 30.7 Basic Materials 4600.13 5.57 -0.12 -4.30 2650.58 5.73 3.53 0.71 5,189,550 6.13 19 0.34
6.99 5.1 1.4 4.3 0.7 31.8 Industrial Metals and Mining 4107.97 5.04 -2.58 -10.64 2371.01 5.23 2.71 -3.62 3,167,990 3.74 9 0.19
0.71 26.9 5.8 33.1 3.1 23.8 Chemicals 13337.40 6.41 3.56 7.80 6526.57 6.51 4.33 8.65 2,021,560 2.39 10 0.15
1.40 14.1 1.8 9.8 1.0 13.8 Energy 2407.46 4.42 9.73 14.28 1333.18 5.10 10.95 16.61 11,094,167 13.11 10 0.58
1.40 14.1 1.8 9.8 1.0 13.8 Oil Gas and Coal 2556.00 4.42 9.73 14.28 1417.53 5.10 10.95 16.61 11,094,167 13.11 10 0.58
2.15 23.5 3.5 14.8 3.6 15.4 Utilities 2864.22 14.96 46.05 65.92 1602.80 15.52 48.48 71.22 4,855,348 5.74 11 0.78
2.23 23.6 3.4 14.8 3.6 15.1 Electricity 3255.87 14.98 53.65 82.27 1818.46 15.56 56.44 88.54 4,613,852 5.45 9 0.74
0.69 21.3 4.4 16.4 2.8 22.8 Gas Water and Multi-utilities 1540.46 14.62 -13.31 -22.29 706.00 14.81 -13.17 -21.06 241,496 0.29 2 0.04
1.44 22.3 3.4 19.6 2.2 16.1 FTSE India 4316.84 4.23 1.54 4.16 1999.04 4.42 2.74 5.85 84,601,554 100.00 199 -

5–79
FTSE All-World Review August 2022

India - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% INR (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Software and Computer Services
1.46 28.3 7.9 29.3 3.4 29.5 Mar 22 B02PD81 1.0 0.15 Coforge 3,560.35 INR 61 58.7 127,424 -10.0 -39.6 -31.6 310 1,183.0
5.11 16.2 4.1 14.6 3.0 25.8 Mar 22 6294896 8.2 1.20 HCL Technologies 938.95 INR 2,714 39.9 1,018,822 -1.0 -28.8 -20.6 3,622 3,456.1
0.30 4.4 3.2 67.1 35.2 +ve Mar 22 B1685L0 2.7 0.39 Info Edge India 4,344.30 INR 129 59.2 331,956 0.2 -22.1 -29.7 578 2,515.5
2.08 27.6 8.3 24.3 5.1 29.9 Mar 22 6205122 42.6 6.27 Infosys 1,492.95 INR 4,192 84.6 5,301,204 -3.7 -20.9 -12.5 5,059 7,900.7
0.97 34.0 9.2 48.5 5.2 29.7 Mar 22 BD6F8V6 1.7 0.24 Larsen & Toubro Info 4,641.70 INR 175 25.4 206,828 -1.9 -36.7 -12.6 366 1,754.8
1.12 32.6 10.0 36.0 5.2 34.2 Mar 22 B1LHCW2 1.1 0.17 Mindtree 3,306.50 INR 165 26.1 142,478 -3.1 -30.8 -8.8 654 2,253.4
2.16 26.9 5.8 23.9 3.3 22.1 Mar 22 6151593 1.5 0.23 Mphasis 2,130.95 INR 188 47.8 191,322 -7.3 -37.3 -25.8 562 1,296.5
5.99 14.5 3.9 14.1 5.2 27.1 Mar 22 6528443 0.6 0.09 Oracle Financial Ser 3,169.85 INR 86 26.5 72,545 0.8 -20.0 -32.5 108 354.1
0.88 35.6 8.0 29.5 4.7 24.5 Mar 22 B28SM03 1.4 0.21 Persistent Systems 3,517.95 INR 76 64.8 174,331 -3.2 -28.3 5.9 327 1,205.7
1.37 30.4 13.2 28.0 6.1 44.1 Mar 22 B01NPJ1 26.3 3.87 Tata Consultancy Ser 3,211.15 INR 3,659 27.8 3,276,822 -2.7 -14.1 -15.2 1,868 6,179.9
0.47 +ve 35.1 +ve 22.7 37.6 Mar 22 6211204 2.5 0.37 Tata Elxsi 9,019.25 INR 62 55 309,196 3.8 53.7 89.0 624 6,059.0
5.58 16.9 3.9 19.8 2.3 23.9 Mar 22 BWFGD63 5.2 0.77 Tech Mahindra 1,076.10 INR 972 62.2 651,140 2.6 -39.9 -24.9 3,415 3,649.4
1.45 17.3 3.4 19.2 2.9 21.5 Mar 22 6206051 4.2 0.62 Wipro 413.55 INR 5,465 23 521,895 -2.4 -42.2 -35.5 6,787 2,894.3
0.00 -41.4 2.8 -73.1 10.9 -9.1 Mar 22 BL6P210 0.9 0.13 Zomato 57.95 INR 7,872 24.8 113,582 23.8 -57.8 -56.9 299,627 17,583.1
2.16 23.1 7.2 24.7 4.8 32.6 12,439,543 -2.5 -23.1 -16.8 - -
Telecommunications Service Prov.
0.41 34.0 6.0 9.4 3.4 18.7 Mar 22 6442327 79.1 1.96 Bharti Airtel 726.60 INR 5,492 41.5 1,659,434 7.2 6.3 9.4 8,614 6,196.2
5.51 8.4 2.4 6.2 1.9 33.6 Mar 22 B92P9G4 8.3 0.21 Indus Towers 199.80 INR 2,694 32.4 174,908 -10.2 -19.5 -7.2 4,238 854.2
1.72 18.9 36.9 8.6 2.0 +ve Mar 22 6114745 6.5 0.16 Tata Communications 1,202.25 INR 285 39.9 136,960 14.9 -17.9 -15.3 897 1,005.0
0.00 -17.5 -0.9 89.9 19.4 N/A Mar 22 6326067 2.6 0.06 Tata Teleservices (M 108.45 INR 1,955 25.6 54,356 0.7 -47.4 195.1 7,563 800.9
0.00 -1.5 -0.5 2.0 0.8 N/A Mar 22 B1MP4H4 3.5 0.09 Vodafone Idea 9.05 INR 32,119 25 72,685 3.4 -41.0 48.4 144,709 1,299.2
0.90 82.4 15.4 8.2 2.8 23.7 2,098,342 5.6 -2.0 7.8 - -
Health Care Providers
0.27 56.7 11.1 44.8 4.2 21.4 Mar 22 6273583 59.9 0.51 Apollo Hospitals Ent 4,322.90 INR 144 68.9 428,668 2.6 -13.8 -13.0 629 2,694.4
0.00 57.3 6.0 51.4 9.6 11.0 Mar 22p BMB2291 40.1 0.34 Max Healthcare Insti 388.25 INR 970 76.1 286,849 5.0 -12.3 0.7 16,583 6,545.3
0.16 56.9 8.3 47.2 5.5 15.6 715,518 3.1 -8.3 -7.4 - -
Medical Equipment and Services
0.47 56.6 14.1 45.6 10.2 27.2 Mar 22 BYY2W03 100.0 0.11 Dr. Lal PathLabs 2,566.30 INR 83 42.1 89,425 11.4 -32.9 -36.7 258 639.4
0.47 56.6 14.1 45.6 10.2 27.2 89,425 11.4 - - - -
Pharmaceuticals & Biotechnology
1.14 21.3 4.1 30.4 3.3 20.9 Mar 22 BYY2WB4 1.9 0.09 Alkem Laboratories 2,974.65 INR 120 20.5 73,148 -7.8 -17.9 -23.3 235 705.6
1.65 10.7 1.3 6.4 1.4 12.8 Mar 22 6702634 3.7 0.17 Aurobindo Pharmaceut 545.40 INR 586 45.2 144,574 -0.3 -25.7 -25.0 1,713 979.0
0.16 47.4 4.4 31.9 4.5 9.8 Mar 22 6741251 3.6 0.17 Biocon 309.90 INR 1,193 38 140,743 0.9 -15.0 -13.6 1,638 508.1
0.48 29.7 4.0 25.4 3.8 14.4 Mar 22 B011108 13.5 0.63 Cipla 1,038.45 INR 807 63.3 530,766 6.2 10.0 9.6 1,662 1,702.9
0.83 32.5 8.2 48.7 10.7 28.2 Mar 22 6602518 11.7 0.55 Divis Laboratories 3,626.85 INR 266 48 462,167 -5.3 -22.5 -29.9 755 2,774.0
0.71 25.9 3.7 25.5 3.3 15.0 Mar 22 6410959 13.0 0.61 Dr Reddys Labs 4,245.05 INR 166 72.7 512,686 3.8 -13.5 -9.8 432 1,815.8
2.06 14.5 9.3 29.0 7.5 81.9 Mar 22 6117982 1.6 0.07 GlaxoSmithKline Phar 1,457.75 INR 169 25 61,738 3.7 -13.7 -0.7 84 120.5
0.67 8.3 1.2 12.1 0.9 15.7 Mar 22 6698755 1.4 0.07 Glenmark Pharmaceuti 371.15 INR 282 53.4 55,938 -2.5 -29.8 -30.0 1,376 527.9
0.88 25.4 4.2 25.9 4.0 17.7 Mar 22 BMX7Q69 3.1 0.15 Ipca Laboratories 905.20 INR 254 53.8 123,600 -9.5 -16.4 -29.7 513 484.0
0.35 37.4 9.3 37.6 6.3 28.0 Mar 22 BMZ1CH2 5.3 0.25 Laurus Labs 579.05 INR 537 67.4 209,773 10.8 7.5 -13.1 1,566 884.7
0.60 -22.7 2.5 +ve 1.9 -10.3 Mar 22 6143761 4.1 0.19 Lupin 669.10 INR 455 52.7 160,525 3.9 -29.6 -30.1 2,000 1,331.4
3.10 11.7 0.7 2.5 1.8 6.2 Mar 22 B058J56 3.4 0.16 Piramal Enterprises 1,063.55 INR 238 53.1 134,330 15.3 -22.8 -21.7 2,856 4,631.2
0.00 N/A N/A N/A N/A N/A BKS9DQ5 3.0 0.14 Piramal Pharma 230.62 INR 950 53.1 116,515 - - - - -
1.12 50.8 4.5 23.4 5.5 8.9 Mar 22 6582483 24.6 1.15 Sun Pharmaceuticals 893.05 INR 2,399 45.3 970,883 -5.3 5.6 12.5 2,946 2,656.0
1.06 44.0 8.8 33.8 6.2 20.2 Mar 22 B0XPSB8 3.8 0.18 TORRENT PHARMACEUTIC 1,550.55 INR 338 28.7 150,893 1.4 -4.9 0.4 277 428.2
0.66 8.4 2.3 19.1 2.5 30.9 Mar 22 BYM8TG8 2.5 0.11 Zydus Lifesciences 378.20 INR 1,024 25 96,985 9.1 -21.7 -31.8 1,798 679.8
0.89 29.0 3.4 18.8 3.7 12.3 3,945,266 0.4 -9.9 -10.9 - -
Banks
0.08 35.3 5.3 -4.1 5.8 16.4 Mar 22 BF1YBK2 3.6 0.23 AU Small Finance Ban 633.90 INR 630 49 195,631 7.1 22.3 12.1 2,985 1,897.2
0.13 16.3 2.0 6.4 2.7 12.7 Mar 22 BPFJHC7 31.7 2.02 Axis Bank 751.50 INR 3,071 74 1,707,702 3.7 10.8 -4.5 7,650 5,710.1
0.36 +ve 2.6 12.7 2.7 0.7 Mar 22 BG1SV45 4.1 0.26 Bandhan Bank 278.50 INR 1,611 49 219,814 0.8 10.2 -2.3 7,355 2,086.2
2.18 8.6 0.7 1.6 0.8 9.0 Mar 22 BVF87C6 2.5 0.16 Bank of Baroda 130.85 INR 5,171 20 135,335 12.6 59.7 69.2 31,869 3,903.4
3.85 6.1 0.4 1.4 0.5 6.6 Mar 22p 6099789 0.5 0.03 Bank of India 51.90 INR 4,104 11.5 24,505 8.8 1.0 -21.8 4,056 203.7
2.70 7.1 0.6 2.1 0.5 9.3 Mar 22 6580012 1.6 0.10 Canara Bank 241.10 INR 1,814 20 87,477 8.5 20.6 51.5 11,053 2,567.0
1.54 12.5 1.3 15.3 1.5 11.0 Mar 22 BFT7KB7 3.4 0.22 Federal Bank 117.00 INR 2,103 74 182,079 9.7 41.0 44.0 14,368 1,600.3
0.56 24.6 3.4 7.9 3.9 14.8 Mar 22 BSZ2BY7 25.8 1.64 ICICI Bank 887.30 INR 6,950 22.5 1,387,601 8.4 19.9 23.4 13,119 11,228.7
0.00 +ve 1.4 6.8 1.5 1.6 Mar 22 BYWZNK1 2.8 0.18 IDFC First Bank 49.15 INR 6,218 49 149,753 30.9 1.7 14.4 62,137 2,809.3
1.79 10.2 0.4 1.5 0.4 4.1 Mar 22 BTDV035 0.7 0.05 Punjab National Bank 35.85 INR 11,011 10.1 40,070 14.4 -3.9 -2.2 39,887 1,363.8
0.00 -96.7 0.6 3.9 0.7 -0.6 Mar 22 BD0FRL5 1.0 0.06 RBL Bank 122.30 INR 600 74 54,257 32.6 -3.8 -26.1 35,067 4,024.4
1.34 13.4 1.6 2.9 1.1 12.2 Mar 22 BSQCB24 17.6 1.12 State Bank of India 531.25 INR 8,925 20 948,240 0.5 15.4 24.7 15,073 7,940.4

5–80
August 2022 FTSE Russell

India - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% INR (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Banks
4.49 5.5 0.4 1.4 0.4 7.8 Mar 22 6579634 0.9 0.06 Union Bank Of India 42.35 INR 6,835 16.5 47,774 10.9 -2.4 19.6 9,160 372.1
0.00 38.7 1.2 32.3 1.8 3.2 Mar 22 BL6CR27 3.8 0.24 Yes Bank 16.45 INR 25,055 49.7 205,051 10.0 20.1 - 218,378 3,586.6
0.66 17.8 1.7 5.4 1.8 10.2 5,385,289 6.0 16.2 11.9 - -
Finance and Credit Services
1.23 19.4 2.5 -10.1 3.3 13.7 Mar 22 6171900 78.6 5.07 Housing Development 2,446.40 INR 1,813 96.6 4,288,071 2.9 -5.4 -12.6 2,451 5,925.1
0.00 5.5 0.4 5.7 0.7 7.2 Mar 22p B98CG57 0.9 0.06 Indiabulls Housing F 136.70 INR 472 76.5 49,326 24.2 -37.3 -39.0 16,812 2,139.1
0.63 17.3 1.0 3.2 1.6 5.9 Mar 22 B5KYHQ1 1.3 0.08 L&T Finance Holdings 79.30 INR 2,474 36.1 70,903 5.5 2.1 -4.8 7,449 577.1
2.08 9.8 0.9 -1.3 1.1 10.1 Mar 22p 6101026 2.5 0.16 LIC Housing Finance 409.20 INR 550 59.6 134,348 6.0 10.7 1.7 2,659 1,034.7
1.75 22.2 1.5 58.4 2.2 7.0 Mar 22 B8F8822 2.2 0.14 Mahindra & Mahindra 205.60 INR 1,233 48 121,678 10.1 38.0 28.4 4,385 859.6
1.90 10.5 2.3 -29.8 3.5 23.4 Mar 22 B40MFF3 2.1 0.13 Muthoot Finance 1,055.10 INR 401 26.6 112,770 -1.0 -29.5 -30.3 1,660 1,784.3
11.71 2.3 0.4 19.3 0.4 21.2 Mar 22p B1S7225 2.5 0.16 Power Finance 119.60 INR 2,640 44 138,950 3.1 -0.1 -7.3 4,687 558.3
0.27 52.0 11.2 -19.8 8.1 23.8 Mar 22 BKPFMG9 4.9 0.31 SBI Cards And Paymen 922.20 INR 943 30.6 266,289 -1.8 -0.6 -19.1 1,957 1,852.7
2.36 13.5 1.4 -4.1 1.9 11.4 Mar 22 6802608 5.0 0.32 Shriram Transport Fi 1,354.65 INR 271 73.7 270,156 -1.8 11.3 0.1 888 1,208.1
1.53 15.5 2.0 -9.6 2.6 13.7 5,452,490 2.7 -4.6 -12.2 - -
Investment Banking & Brokerage
0.00 15.3 1.8 -5.6 1.2 12.4 Mar 22 BYVKT10 1.6 0.06 Aditya Birla Capital 114.25 INR 2,416 19 52,618 7.4 -7.8 5.9 4,183 461.5
0.27 62.2 10.1 -12.1 14.1 17.7 Mar 22 BD2N0P2 53.6 2.04 Bajaj Finance 7,306.25 INR 606 38.8 1,722,816 1.3 4.7 -2.9 1,229 8,926.0
0.02 57.3 6.7 -9.5 3.9 12.4 Mar 22 B2QKWK1 20.2 0.77 Bajaj Finserv 16,962.15 INR 159 24 647,721 12.7 3.4 -1.1 425 6,824.3
2.10 15.0 1.4 37.9 +ve 10.1 Mar 22 6124142 4.5 0.17 Bajaj Holdings & Inv 5,465.30 INR 111 24 145,981 5.0 0.6 25.4 56 301.1

Country Details
0.25 29.9 5.5 -11.6 6.4 20.3 Mar 22 BJ9K2H4 9.9 0.38 Cholamandalam Invest 790.35 INR 821 48.9 317,347 12.8 51.9 42.6 1,572 1,212.0
2.02 31.6 8.0 34.2 20.9 27.2 Mar 22 BG0R3M5 4.4 0.17 HDFC Asset Managemen 2,074.90 INR 213 31.6 140,281 6.6 -15.2 -32.5 1,318 2,828.6
3.64 25.1 5.4 31.5 12.5 22.8 Mar 22 BF29PR1 1.5 0.06 Nippon Life India 301.90 INR 622 26.2 49,220 8.1 -14.2 -28.8 1,231 376.2
10.35 2.9 0.6 -7.3 0.7 21.4 Mar 22 B2Q7WL3 4.2 0.16 REC 108.75 INR 2,633 47.3 135,636 10.7 8.4 -4.4 4,744 556.9
0.85 27.5 4.4 -12.5 5.6 17.4 3,211,620 5.5 6.1 -0.6 - -
Life Insurance
0.30 89.8 7.8 22.1 1.9 11.2 Mar 22 BF0TRG6 34.8 0.66 HDFC Life Insurance 575.20 INR 2,113 45.8 557,384 3.5 -11.4 -19.9 4,497 2,519.3
0.09 +ve 9.5 8.6 1.4 8.9 Mar 22 BYXL8H0 14.2 0.27 ICICI Prudential Lif 594.60 INR 1,437 26.5 227,258 7.4 6.0 -9.8 1,493 857.4
0.00 +ve 7.2 2.0 1.0 7.0 Mar 22 B1TJG95 12.4 0.24 Max Financial Servic 824.30 INR 345 70 199,342 -4.2 -15.9 -24.2 490 401.6
0.34 88.3 11.6 3.9 1.6 14.0 Mar 22 BZ60N32 34.8 0.66 SBI Life Insurance 1,329.10 INR 1,000 41.9 558,150 2.7 11.1 11.5 1,286 1,665.3
0.00 -40.4 9.1 +ve 4.0 -25.6 Mar 22 BMG5DV4 3.7 0.07 Star Health and Alli 730.95 INR 576 14.2 59,987 -2.2 - - 455 324.9
0.23 +ve 9.0 5.5 1.6 9.6 1,602,121 2.5 -2.4 -9.1 - -
Non-life Insurance
1.81 9.1 0.8 2.4 0.5 8.7 Mar 22p BZ0XK69 3.0 0.01 General Insurance Co 124.10 INR 1,754 5.5 12,106 6.7 -11.9 -16.3 379 46.3
0.70 46.3 6.9 +ve 3.9 16.5 Mar 22 BYXH7P9 77.2 0.37 ICICI Lombard Genera 1,288.30 INR 491 49 309,924 5.6 -8.1 -19.2 831 1,049.2
0.00 -26.5 4.1 -14.9 15.5 -22.5 Mar 22p BP4DVR3 19.8 0.09 PB Fintech 503.05 INR 439 35.9 79,481 7.4 -47.1 - 1,499 812.5
0.59 79.9 5.0 +ve 3.7 7.3 401,511 6.0 -14.4 -24.5 - -
Real Estate Investment & Services
0.77 64.1 2.7 36.4 16.9 4.2 Mar 22 B1YLCV0 42.5 0.29 DLF 390.00 INR 2,475 25 241,832 1.0 -0.1 21.7 4,686 1,766.0
0.00 +ve 4.5 -82.7 21.4 4.2 Mar 22 BGQL729 21.8 0.15 Godrej Properties 1,407.70 INR 278 31.7 124,091 -6.6 -24.8 -5.5 922 1,287.3
0.00 43.9 4.4 +ve 5.7 14.4 Mar 22 BM9G370 14.9 0.10 Macrotech Developers 1,097.00 INR 482 16 84,922 -4.2 -11.1 14.4 1,038 1,099.0
0.30 34.9 3.5 40.1 13.6 10.6 Mar 22 B4MXNL6 20.8 0.14 Oberoi Realty 1,006.85 INR 364 32.2 118,232 10.6 16.8 43.1 731 695.9

5–81
0.39 55.7 3.3 68.4 13.0 6.3 569,078 0.2 -6.2 16.0 - -
Real Estate Investment Trusts
5.91 31.7 1.3 18.3 11.6 4.1 Mar 22 BJH4V15 100.0 0.23 Embassy Office Parks 363.14 INR 948 56.1 193,184 -0.2 6.9 1.5 3,276 1,187.3
5.91 31.7 1.3 18.3 11.6 4.1 193,184 -0.2 6.9 1.5 - -
Automobiles and Parts
3.43 19.1 4.0 26.7 3.6 21.7 Mar 22 B2QKXW0 6.2 0.34 Bajaj Auto Limited 4,084.85 INR 289 24 283,685 4.4 25.7 9.6 385 1,555.9
0.78 27.5 5.7 42.1 4.8 22.2 Mar 22 6388788 3.6 0.19 Balkrishna Industrie 2,046.05 INR 193 41.7 164,955 -11.5 -11.4 -10.3 569 1,240.3
0.63 42.5 4.8 +ve 4.4 11.9 Mar 22 B01NFV3 3.3 0.18 Bosch 17,540.05 INR 30 29.4 152,395 2.5 1.9 27.3 67 1,164.5
0.88 20.7 3.3 15.3 1.7 17.0 Mar 22 6100186 26.2 1.42 Mahindra&Mahindra 1,308.70 INR 1,195 76.9 1,203,490 12.4 56.3 65.0 4,217 5,318.0
0.66 67.9 5.0 +ve 3.1 7.5 Mar 22 6633712 26.1 1.42 Maruti Suzuki India 9,082.25 INR 302 43.7 1,201,506 3.5 22.3 32.7 662 5,891.0
0.29 53.3 2.6 -49.9 1.9 4.9 Mar 22 6214128 5.0 0.27 MRF 85,364.95 INR 4 63.7 230,700 1.8 16.4 7.1 14 1,247.4
0.53 44.0 2.7 26.4 0.9 7.6 Mar 22 6743990 3.8 0.21 Samvardhana Motherso 122.90 INR 4,518 31.8 176,789 -3.5 -33.7 -32.3 10,284 1,300.7
0.30 73.7 15.2 67.3 14.5 25.0 Mar 22 BNR5NG5 2.9 0.16 Sona BLW Precision F 522.00 INR 584 44.2 135,037 -8.2 -29.8 4.4 10,361 5,409.1
0.00 +ve 4.1 32.2 0.7 2.4 Mar 22 B611LV1 18.9 1.03 Tata Motors 471.10 INR 3,321 55.4 867,541 4.8 -2.3 64.0 16,846 7,950.2
0.00 65.7 1.8 13.9 0.3 2.4 Mar 22 B60NRB0 1.9 0.11 Tata Motors A 234.15 INR 509 75 89,299 5.9 -2.2 71.5 2,804 650.9
0.13 81.2 9.6 97.0 4.0 14.3 Mar 22 BYVC6Y8 2.1 0.11 UNO Minda 578.05 INR 571 29.2 96,458 13.6 -5.6 62.1 438 241.4
0.71 38.8 3.9 32.6 1.4 8.4 4,601,855 4.9 13.9 28.7 - -
Consumer Services
0.49 85.5 30.2 +ve 30.3 39.7 Mar 22 BL6C482 100.0 0.22 Indian Railway Cater 710.75 INR 800 32.6 185,364 11.6 -14.5 29.1 5,640 3,946.1
0.49 85.5 30.2 +ve 30.3 39.7 185,364 11.6 -14.5 29.1 - -
Household Goods & Home Constr.
0.27 40.2 6.9 +ve 3.7 18.5 Mar 22 6291790 100.0 0.07 Whirlpool of India 1,824.15 INR 127 24 55,544 2.9 3.5 -14.4 207 373.8
0.27 40.2 6.9 +ve 3.7 18.5 55,544 2.9 3.5 -14.4 - -
Leisure Goods
0.05 +ve 24.4 +ve 2.3 22.1 Mar 22 BNC5412 12.3 0.17 Dixon Technologies ( 4,103.70 INR 59 59.7 145,617 10.9 -25.5 -1.4 352 1,391.4

5–81
FTSE All-World Review August 2022

India - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% INR (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Leisure Goods
0.63 52.4 7.3 47.5 8.9 14.6 Mar 22 BMW4CV8 39.5 0.55 Eicher Motors 3,358.75 INR 273 50.7 466,390 8.6 29.6 25.4 1,273 4,181.7
3.35 23.9 3.6 25.6 1.9 15.2 Mar 22 6327327 31.4 0.44 Hero MotoCorp 2,837.70 INR 200 65.3 370,660 0.7 15.3 3.5 748 2,114.9
0.38 53.7 10.6 -27.5 1.9 21.2 Mar 22 6726548 16.7 0.23 TVS Motor 985.60 INR 475 42 196,799 8.5 57.2 87.7 1,478 1,407.5
1.37 40.4 6.1 64.0 2.9 15.7 1,179,466 6.2 19.4 - - -
Personal Goods
0.21 +ve 13.7 97.0 10.4 6.0 Mar 22 BYMFG13 7.1 0.14 Bata India 1,941.25 INR 129 47 117,372 1.6 6.4 12.4 513 984.9
0.74 +ve 52.3 +ve 14.6 54.4 Mar 22 B1VJS64 17.8 0.35 Page Industries 51,043.15 INR 11 51.4 292,686 4.4 26.3 62.0 18 901.2
0.17 17.2 1.4 +ve 0.1 8.5 Mar 22p B0JJVB5 4.9 0.09 Rajesh Exports 589.10 INR 295 45.9 79,950 -0.7 -20.1 0.5 147 89.0
0.25 +ve 14.2 +ve 9.4 14.5 Mar 22 BGSCL06 4.4 0.09 Relaxo Footwears 1,000.55 INR 249 29 72,289 1.8 -23.8 -16.0 155 155.6
0.29 +ve 24.9 -ve 8.0 26.3 Mar 22 6139340 65.8 1.28 Titan 2,604.65 INR 888 46.8 1,083,897 10.7 3.3 35.5 1,223 3,021.4
0.36 86.9 13.7 -ve 1.3 16.9 1,646,193 7.9 5.0 34.5 - -
Media
2.99 10.8 2.4 10.8 5.5 24.1 Mar 22p B128WL3 18.8 0.06 Sun TV Network 502.00 INR 394 25 49,458 6.3 0.4 4.0 1,589 780.7
0.97 25.6 2.3 85.7 3.0 9.2 Mar 22p 6188535 81.2 0.25 Zee Entertainment En 257.05 INR 961 86.3 213,188 4.1 -19.9 49.8 11,704 2,958.7
1.35 20.3 2.3 37.1 3.3 11.8 262,645 4.5 -16.7 38.3 - -
Retailers
0.00 +ve 21.5 +ve 9.5 11.7 Mar 22 BYW1G33 66.6 0.80 Avenue Supermarts 4,531.35 INR 648 22.9 674,394 6.8 -3.0 14.6 372 1,612.4
0.00 +ve 49.2 -ve 17.5 5.9 Mar 22 BP4DCB4 8.2 0.10 FSN E-Commerce Ventu 1,390.45 INR 474 12.6 83,455 -0.5 -33.8 - 486 682.9
0.16 +ve 21.2 -ve 11.1 4.7 Mar 22 BDDRN32 25.2 0.30 TRENT LTD 1,407.25 INR 356 51 255,132 10.9 32.1 39.8 1,155 1,582.3
0.04 +ve 22.4 +ve 10.2 9.6 1,012,982 7.1 2.0 17.5 - -
Travel and Leisure
0.00 -12.6 -13.0 +ve 3.0 N/A Mar 22 BYYZ7D0 46.5 0.23 InterGlobe Aviation 2,016.80 INR 385 25 194,245 8.0 0.0 5.9 732 1,468.7
0.19 93.7 20.9 42.6 9.2 25.7 Mar 22 BNVYT93 53.5 0.26 Jubilant Foodworks 616.30 INR 659 54.9 223,078 12.0 -14.2 -22.9 4,777 2,810.4
0.10 -32.2 -97.2 73.2 4.7 25.7 417,324 10.1 -8.1 -11.7 - -
Beverages
0.75 72.4 4.9 48.4 6.0 6.9 Mar 22 6121488 46.8 0.58 Tata Consumer Produc 809.65 INR 922 65.5 489,084 -0.2 8.9 -6.4 - -
0.64 +ve 11.0 48.4 7.4 9.9 Mar 22 B1683V6 10.8 0.13 United Breweries 1,641.65 INR 264 26 113,022 1.2 3.5 11.3 275 448.9
0.00 69.5 11.9 63.2 6.1 18.7 Mar 22 BYWFSB7 22.4 0.28 United Spirits 811.85 INR 727 39.6 234,023 4.2 -9.6 13.5 2,195 1,747.1
0.24 96.0 16.5 63.0 7.6 18.4 Dec 21 BD0RYG5 20.0 0.25 Varun Beverages 1,034.15 INR 650 31.1 209,415 17.2 74.6 83.2 2,209 2,189.1
0.47 78.8 7.4 53.7 6.4 9.7 1,045,544 4.0 11.6 10.7 - -
Food Producers
0.00 +ve 11.8 89.6 1.7 14.9 Mar 22 BL6LPH5 8.5 0.13 Adani Wilmar 692.15 INR 1,300 12 108,480 5.1 - - 3,632 2,552.1
1.51 59.0 35.3 65.1 6.4 50.1 Mar 22 BGSQG47 35.1 0.53 Britannia Industries 3,747.75 INR 241 49.3 445,670 -3.9 3.9 -6.2 347 1,288.2
0.88 89.6 92.2 80.5 13.1 +ve Dec 21 6128605 56.3 0.85 Nestle India 19,925.85 INR 96 37.2 715,351 2.9 1.1 2.4 58 1,129.4
1.02 76.9 42.9 74.9 6.7 56.4 1,269,502 0.6 2.3 -1.0 - -
Tobacco
3.59 25.8 6.3 23.5 6.5 24.9 Mar 22 B0JGGP5 100.0 1.12 ITC 320.50 INR 12,323 24 947,905 5.8 47.0 51.7 13,083 4,077.5
3.59 25.8 6.3 23.5 6.5 24.9 947,905 5.8 47.0 51.7 - -
Personal Care, Drug & Grocery St.
2.39 42.2 26.3 27.7 8.9 74.4 Mar 22 6139696 6.1 0.26 Colgate 1,674.95 INR 272 48.8 222,320 5.6 13.1 -1.1 392 629.9
0.89 59.0 12.3 48.3 9.5 21.8 Mar 22 6297356 9.2 0.40 Dabur India Ltd 583.60 INR 1,768 32.6 336,562 -0.1 0.6 -6.1 1,770 1,028.3
2.48 19.8 10.3 32.3 6.7 56.2 Mar 22 6741035 2.8 0.12 Emami 484.45 INR 441 47.2 101,007 7.7 -6.7 -18.9 351 166.9
1.26 61.9 20.8 38.3 7.9 35.1 Jun 22p 6139931 1.2 0.05 Gillette India 5,491.00 INR 33 24 42,948 5.6 4.4 -5.6 9 50.0
0.00 52.0 8.2 68.0 7.7 17.3 Mar 22 B1BDGY0 9.2 0.40 Godrej Consumer Prod 924.25 INR 1,023 35.6 336,892 8.3 -4.6 -15.9 1,784 1,586.8
1.28 70.2 12.7 68.5 11.9 18.4 Mar 22 6261674 64.2 2.79 Hindustan Unilever 2,659.85 INR 2,350 37.7 2,357,883 0.9 12.7 -2.4 1,497 3,928.9
2.62 55.1 20.3 65.0 7.1 37.4 Mar 22 B1S34K5 7.4 0.32 MARICO 525.60 INR 1,291 40.1 272,329 1.5 2.5 -3.5 1,419 735.6
1.32 59.4 12.8 58.4 10.2 22.3 3,669,943 2.0 8.3 -4.7 - -
Construction and Materials
2.52 23.1 3.0 14.5 2.7 13.8 Dec 21 6155915 4.7 0.23 ACC 2,299.70 INR 188 45.3 195,843 3.2 3.8 -4.7 433 985.3
1.53 29.2 3.2 15.0 2.8 11.6 Dec 21 B09QQ11 6.8 0.33 Ambuja Cements 411.25 INR 1,986 34.5 282,116 9.7 8.9 -2.3 9,699 3,884.9
0.14 85.6 18.0 78.7 9.6 23.2 Mar 22 BR2NB24 4.5 0.22 Astral 2,092.40 INR 201 44.2 186,062 15.3 -8.3 2.5 334 668.1
0.59 19.4 1.8 16.2 2.6 10.5 Mar 22 BFN2YR2 3.1 0.15 Dalmia Bharat 1,536.35 INR 187 43.9 126,505 -4.0 -16.9 -30.2 283 449.3
0.30 13.5 1.5 14.3 1.2 11.5 Mar 22 BYQKH33 15.5 0.76 Grasim Industries 1,678.65 INR 657 58.3 643,292 7.0 3.8 12.2 1,000 1,612.2
0.67 39.5 9.4 38.8 6.0 26.0 Mar 22 BD3RVD8 2.4 0.12 L&T Technology Servi 3,714.00 INR 106 24.9 97,930 5.8 -33.7 -5.0 372 1,359.0
1.14 28.2 3.3 15.6 1.7 12.1 Mar 22 B0166K8 31.9 1.56 Larsen & Toubro 1,922.50 INR 1,405 49 1,323,603 6.3 1.4 15.0 2,013 3,747.0
0.41 34.1 4.6 28.8 5.3 14.2 Mar 22 6100357 7.2 0.35 Shree Cements 22,073.10 INR 36 37.4 298,229 7.7 -18.2 -22.0 35 742.3
0.57 25.4 3.8 22.8 3.7 16.0 Mar 22 B01GZF6 18.4 0.90 UltraTech Cement 6,677.85 INR 288 39.6 763,982 2.0 -12.0 -14.7 390 2,580.4
0.55 65.3 6.0 57.4 4.2 9.7 Mar 22 B1FCQX2 5.5 0.27 Voltas-A 1,001.20 INR 331 69.2 229,550 -0.4 -17.9 0.5 1,333 1,329.6
0.84 25.0 3.0 18.6 2.2 12.7 4,147,112 5.4 -4.6 -1.1 - -
Aerospace and Defense
1.86 30.8 6.1 17.1 4.9 20.8 Mar 22 BF1THH6 63.7 0.39 Bharat Electronics 306.50 INR 2,437 44.7 334,039 11.4 46.0 64.2 9,107 2,634.2
1.57 14.0 4.0 7.5 3.1 31.5 Mar 22 BFLVFD4 36.3 0.23 Hindustan Aeronautic 2,295.20 INR 334 24.8 190,720 13.3 89.6 66.8 1,310 2,890.6
1.75 21.5 5.1 11.6 4.0 25.6 524,758 12.1 50.7 62.5 - -
Electronic and Electrical Equipment
0.16 +ve 17.1 +ve 10.0 13.6 Dec 21 B1Y9QS9 26.8 0.20 ABB India 3,262.75 INR 212 25 172,851 19.2 46.1 72.1 522 1,522.7

5–82
August 2022 FTSE Russell

India - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% INR (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Electronic and Electrical Equipment
0.00 45.9 0.8 26.8 1.0 1.7 Mar 22p B6SNRV2 11.7 0.09 Bharat Heavy Elect . 58.80 INR 3,482 36.8 75,406 9.2 -0.3 11.9 30,403 1,691.6
0.54 71.2 14.5 48.8 6.3 21.9 Mar 22 BQGZWP9 51.8 0.40 Havells India 1,391.50 INR 626 38.3 334,372 11.4 -0.4 9.7 845 1,113.0
0.57 40.5 6.7 73.3 3.0 17.7 Mar 22 BHKDY38 9.7 0.07 Polycab India 2,470.15 INR 150 16.9 62,490 6.6 0.1 19.5 305 733.7
0.38 70.2 4.6 52.7 3.8 6.7 645,119 12.6 8.8 21.5 - -
General Industrials
0.00 96.5 12.0 74.0 7.9 13.3 Mar 22 6098496 2.2 0.08 3M India 23,314.35 INR 11 25 65,659 2.5 -8.1 -4.4 7 148.1
0.03 +ve 15.8 -ve 5.1 5.0 Mar 22 B01VRK0 27.8 0.99 Adani Enterprises 3,194.35 INR 1,100 23.9 840,353 24.3 86.9 101.2 2,495 7,539.1
0.56 +ve 23.5 +ve 11.2 23.0 Mar 22 BCRWL65 50.6 1.81 Asian Paints 3,391.60 INR 959 47 1,529,125 1.7 0.3 5.9 1,118 3,806.1
0.46 78.1 16.7 +ve 7.5 22.9 Mar 22 BV8TBJ1 5.4 0.19 Berger Paints India 673.70 INR 971 25 163,674 7.8 -12.7 -17.9 1,209 810.7
0.21 +ve 13.5 +ve 13.0 12.5 Mar 22 6889173 3.2 0.11 Honeywell Automation 43,200.10 INR 9 25 95,489 7.5 2.4 9.1 8 318.8
0.45 72.8 6.6 +ve 4.3 9.1 Mar 22 BWGW724 2.3 0.08 Kansai Nerolac Paint 505.30 INR 539 25 68,099 26.3 -14.5 -18.4 882 442.8
0.28 89.8 9.9 64.0 7.5 11.5 Sep 21 B15T569 8.5 0.30 Siemens India 2,883.60 INR 356 24.9 256,698 7.0 22.1 26.9 609 1,702.2
0.36 +ve 17.1 +ve 7.7 14.6 3,019,099 8.7 15.4 20.1 - -
Industrial Engineering
1.55 35.1 6.4 41.0 5.4 19.2 Mar 22 6294863 100.0 0.19 Cummins India 1,192.60 INR 277 48.7 161,092 -2.8 26.6 19.4 862 1,040.5
1.55 35.1 6.4 41.0 5.4 19.2 161,092 -2.8 26.6 19.4 - -
Industrial Support Services
0.01 +ve +ve +ve +ve 23.6 Mar 22 BGJW2K2 88.1 1.23 Adani Gas 3,744.95 INR 1,100 25.1 1,037,898 19.8 117.5 157.8 537 1,838.1

Country Details
1.25 3.1 1.3 -ve 1.1 49.1 Mar 22 B1D3ZC9 6.3 0.09 EXIDE INDUSTRIES 160.55 INR 850 54 73,696 1.3 -4.6 -0.4 2,466 393.3
0.00 -19.5 3.3 -46.7 9.4 -23.1 Mar 22 BNTYXL5 5.6 0.08 One 97 Communication 717.85 INR 649 14.1 66,069 1.6 - - 3,310 2,628.7
0.08 54.6 14.1 +ve 14.1 31.6 1,177,663 17.2 74.1 104.7 - -
Industrial Transportation
0.59 34.3 4.7 20.3 11.2 15.1 Mar 22 B28XXH2 47.9 0.79 Adani Ports and Spec 842.15 INR 2,112 37.4 666,375 10.3 15.3 12.5 7,579 6,300.3
0.65 -ve 6.2 17.5 1.7 -2.2 Mar 22 B01NFT1 15.9 0.26 Ashok Leyland 154.00 INR 2,936 48.7 220,555 3.4 25.8 25.5 15,032 2,233.3
0.94 31.5 5.2 89.8 3.3 18.3 Mar 22 B0C1DM3 13.4 0.22 Bharat Forge-A 740.85 INR 466 54 186,511 1.1 6.2 -3.4 2,044 1,537.6
0.57 40.1 3.9 27.6 5.5 10.1 Mar 22p BG0ZVG9 13.8 0.23 Container Corporatio 696.55 INR 609 45 191,244 -2.3 13.3 2.5 1,346 939.8
0.00 -21.2 -26.5 28.4 4.7 N/A Mar 22p B192HJ1 6.3 0.10 GMR Infrastructure 35.95 INR 6,036 40.1 87,171 -4.1 -13.0 37.0 8,006 279.5
8.50 4.6 0.7 -0.4 1.4 15.8 Mar 22p BMDGT12 2.7 0.05 Indian Railway Finan 21.40 INR 13,069 13.6 38,136 3.9 -6.3 -6.8 4,214 89.5
0.83 41.5 4.4 -45.8 4.3 12.7 1,389,992 4.9 11.4 8.6 - -
Industrial Metals and Mining
0.91 6.7 1.3 7.1 0.5 20.2 Mar 22 B0GWF48 19.5 0.73 Hindalco 439.00 INR 2,240 62.9 618,788 5.8 -7.7 -6.3 11,646 4,993.3
13.68 12.5 3.5 9.1 4.1 28.8 Mar 22 6139726 2.1 0.08 Hindustan Zinc 285.00 INR 4,225 5.4 66,177 5.7 -10.0 -11.4 1,092 309.3
0.23 5.3 1.2 3.2 0.9 24.5 Mar 22p 6726816 5.4 0.20 Jindal Steel & Power 433.35 INR 1,020 38.7 171,383 11.4 14.9 15.0 4,689 1,879.2
2.60 7.7 2.4 7.0 1.1 36.6 Mar 22 BZBYJJ7 21.1 0.79 JSW Steel 666.90 INR 2,410 41.5 667,549 5.9 1.7 -3.0 2,867 1,896.3
18.40 3.8 1.0 4.5 1.4 29.1 Mar 22 6148119 2.9 0.11 NMDC 122.25 INR 2,931 25.7 92,198 13.4 -8.3 -20.6 24,068 2,754.5
10.76 2.7 0.6 1.1 0.3 24.6 Mar 22p 6121499 3.7 0.14 Steel Auth of India 81.30 INR 4,131 35 117,544 5.4 -24.2 -33.1 25,078 2,004.4
4.71 3.3 1.2 3.3 0.5 43.0 Mar 22 BPQWCZ3 27.8 1.04 Tata Steel 108.30 INR 12,213 66.6 881,974 0.7 -2.6 -25.3 72,309 7,850.4
0.15 51.2 14.2 51.7 3.5 32.6 Mar 22 BD3R8D7 7.0 0.26 Tube Investments of 2,263.90 INR 193 50.6 221,212 8.7 29.0 65.9 364 792.9
35.52 5.3 1.5 3.2 0.8 29.6 Mar 22 6136040 10.5 0.39 Vedanta 270.25 INR 3,709 33 331,165 6.3 -20.8 -10.7 10,880 2,830.8
6.99 5.1 1.4 4.3 0.7 31.8 3,167,990 5.0 -2.6 -10.6 - -
Chemicals

5–83
0.24 23.0 5.1 84.5 4.3 27.8 Mar 22p B0VX289 7.7 0.18 Aarti Industries 830.70 INR 363 51.7 155,843 6.5 -17.3 -11.4 839 681.0
0.46 37.9 9.7 +ve 5.2 25.5 Mar 22 6716992 3.5 0.08 Bayer Cropscience 5,448.90 INR 45 28.5 69,957 3.1 9.7 0.9 25 133.9
5.26 14.8 6.9 16.9 2.7 49.7 Dec 21 BKS8B79 2.7 0.07 Castrol 114.00 INR 989 49 55,252 0.2 -7.2 -14.9 1,029 118.1
1.14 20.2 4.9 14.4 1.6 26.6 Mar 22 B0VDZN5 5.7 0.14 Coromandel Internati 1,053.10 INR 294 37 114,662 2.4 39.3 32.8 611 639.5
0.35 25.2 8.1 34.1 4.0 37.7 Mar 22 BNGMX23 7.3 0.17 Deepak Nitrite 1,979.05 INR 136 54.3 146,594 3.1 -20.5 -13.3 999 2,005.8
0.00 24.3 2.3 -7.6 1.1 9.0 Mar 22 B1BFBC9 2.0 0.05 Godrej Industries 479.55 INR 337 25.2 40,675 7.9 -23.7 -14.2 163 76.0
0.17 61.0 8.5 88.8 9.8 14.9 Mar 22 B992PT3 12.4 0.30 PI Industries 3,436.20 INR 152 48 250,564 11.2 13.2 1.2 315 1,025.5
0.37 +ve 21.7 +ve 14.0 20.7 Mar 22 B0JJV59 20.6 0.49 Pidilite Industries 2,736.30 INR 508 29.9 415,985 11.6 11.1 20.0 504 1,334.9
0.42 39.7 8.8 37.3 6.1 24.6 Mar 22 6374947 17.8 0.42 SRF 2,543.40 INR 296 47.6 359,432 4.7 5.1 25.4 523 1,289.7
1.30 12.6 2.7 12.4 1.3 23.6 Mar 22 B0L0W35 20.4 0.49 UPL 769.25 INR 764 70.1 412,595 3.8 3.0 3.8 2,774 2,110.2
0.71 26.9 5.8 33.1 3.1 23.8 2,021,560 6.4 3.6 7.8 - -
Oil Gas and Coal
4.87 6.0 1.4 3.5 0.2 22.5 Mar 22 6099723 3.0 0.39 Bharat Petro Corp 328.65 INR 2,162 46.1 328,074 -0.5 -14.7 -25.0 3,574 1,199.1
7.24 8.3 3.4 3.4 1.3 43.6 Mar 22 B4Z9XF5 4.0 0.52 Coal India 234.80 INR 6,163 30.6 443,808 11.1 60.8 61.0 12,785 2,800.1
7.35 4.9 0.9 6.3 0.7 20.9 Mar 22 6133405 2.2 0.29 Gail India 136.10 INR 4,440 40 242,185 -7.2 5.3 -6.9 16,818 2,258.0
5.75 4.7 0.8 2.3 0.1 18.5 Mar 22 6100476 1.5 0.20 Hindustan Petroleum 243.55 INR 1,419 48.8 168,765 1.0 -16.7 -8.6 5,740 1,420.0
11.75 4.0 0.8 4.4 0.2 20.8 Mar 22 6253767 2.6 0.35 Indian Oil 71.50 INR 14,121 29 293,052 -2.0 -3.8 -3.2 20,847 1,500.2
0.00 4.3 1.8 3.4 0.2 51.7 Mar 22 6121530 0.1 0.02 Mangalore Refinery & 73.00 INR 1,753 11.4 14,611 0.3 69.4 70.0 6,892 505.1
2.34 3.8 0.7 2.2 0.4 19.1 Mar 22 6139362 4.6 0.60 Oil & Natural Gas 138.60 INR 12,580 29.2 510,794 3.3 -2.7 15.0 25,467 3,471.0
5.58 3.7 0.7 2.2 0.7 20.7 Mar 22p B409HQ9 0.6 0.08 Oil India Ltd 192.80 INR 1,084 30.5 63,900 1.5 -3.1 5.9 2,351 449.5

5–83
FTSE All-World Review August 2022

India - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% INR (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Oil Gas and Coal
2.04 9.6 2.4 9.9 0.8 27.0 Mar 22 B00KT68 1.5 0.20 Petronet LNG 221.10 INR 1,500 50 165,825 0.5 2.2 -2.9 1,830 396.8
0.30 25.7 2.3 19.6 2.5 9.4 Mar 22 6099626 79.9 10.48 Reliance Industries 2,637.95 INR 6,766 49.6 8,863,154 5.1 11.4 16.8 5,819 15,161.0
1.40 14.1 1.8 9.8 1.0 13.8 11,094,167 4.4 9.7 14.3 - -
Electricity
0.00 +ve +ve +ve 74.2 28.6 Mar 22 BD6H7M6 20.7 1.13 Adani Green Energy 2,436.20 INR 1,564 25 955,730 12.0 83.1 128.0 2,566 6,008.1
0.00 32.5 8.7 14.8 5.8 31.1 Mar 22 B3WQH49 8.7 0.47 Adani Power 413.95 INR 3,857 25 399,597 31.9 315.2 320.3 16,178 6,048.6
0.00 +ve 43.9 +ve 38.7 13.0 Mar 22 BYPCLL6 21.4 1.17 Adani Transmissions 3,960.70 INR 1,100 22.6 987,321 27.4 127.5 150.6 599 2,161.0
0.59 31.7 3.2 21.8 6.8 11.0 Mar 22 B4X3ST8 2.8 0.15 JSW Energy Ltd. 341.05 INR 1,640 23.2 130,184 42.8 13.5 28.9 2,972 916.0
4.71 10.7 1.1 7.1 4.2 10.6 Mar 22 B233LP1 1.9 0.10 NHPC 38.40 INR 10,045 22.7 87,650 12.4 24.1 42.5 14,484 518.6
6.19 9.5 1.2 5.3 1.2 12.8 Mar 22 B037HF1 15.8 0.86 NTPC 164.00 INR 9,697 45.6 726,685 7.2 31.8 41.4 17,885 2,843.6
6.42 9.4 2.1 9.0 3.8 23.2 Mar 22 B233HS6 15.6 0.85 Power Grid Corp of I 229.60 INR 6,976 45 721,296 7.3 12.3 32.9 8,596 1,939.9
0.74 41.3 3.4 14.9 1.8 8.2 Mar 22 B6Z1L73 10.4 0.57 Tata Power 236.95 INR 3,195 63.3 479,578 6.8 7.2 83.6 20,454 4,744.9
2.49 60.2 2.8 10.8 2.0 4.6 Mar 22 B1JLL30 2.7 0.15 Torrent Power 582.15 INR 481 44.9 125,811 10.9 5.2 20.9 590 333.4
2.23 23.6 3.4 14.8 3.6 15.1 4,613,852 15.0 53.6 82.3 - -
Gas Water and Multi-utilities
0.42 24.8 5.8 19.8 2.0 25.8 Mar 22 BGS92Z9 39.3 0.11 Gujarat Gas 471.75 INR 688 29.1 94,811 6.0 -25.7 -34.7 1,982 930.1
0.86 19.5 3.9 14.8 3.8 21.6 Mar 22p BD9PXD0 60.7 0.17 Indraprastha Gas 419.10 INR 700 50 146,685 21.0 -10.9 -23.2 4,250 1,712.8
0.69 21.3 4.4 16.4 2.8 22.8 241,496 14.6 -13.3 -22.3 - -
FTSE India
1.44 22.3 3.4 19.6 2.2 16.1 84,601,554 4.2 1.5 4.2 - -

5–84
August 2022 FTSE Russell

Indonesia - Overview EMERGING

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Bank Central Asia Banks 8,200 11.56 Adaro Energy PT Oil Gas and Coal 3,540 180.95
XL Axiata Telecommunications Service Prov. 2,630 10.97 Tambang Batubara Buk Oil Gas and Coal 4,250 101.42
Astra International Automobiles and Parts 6,975 10.28 Perusahaan Gas Negar Gas Water and Multi-utilities 1,840 77.78
Indah Kiat Pulp & Pa Industrial Materials 8,325 9.54 United Tractors Industrial Engineering 33,850 68.62
Perusahaan Gas Negar Gas Water and Multi-utilities 1,840 9.52 Bank Negara Indonesi Banks 8,525 57.87

Tower Bersama Infras Telecommunications Equipment 2,820 -8.14 Smartfren Telecom Telecommunications Service Prov. 99 -26.12
Indofood Sukses Makm Food Producers 6,225 -8.46 Gudang Garam Tobacco 23,725 -28.27
Barito Pacific Construction and Materials 820 -8.89 Semen Gresik Construction and Materials 6,600 -28.65
Media Nusantara Citr Media 915 -13.27 Bank Syariah Indones Banks 1,520 -31.53
Gudang Garam Tobacco 23,725 -14.81 Surya Citra Media Media 226 -44.33

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Bank Central Asia Banks 8,200 21.53 2.34 Bank Central Asia Banks 8,200 21.53 5.42
Telekomunikasi Indo Telecommunications Service Prov. 4,560 11.52 0.87 Telekomunikasi Indo Telecommunications Service Prov. 4,560 11.52 3.69
Astra International Automobiles and Parts 6,975 7.68 0.75 Bank Mandiri Banks 8,850 8.92 3.45

Country Details
Bank Mandiri Banks 8,850 8.92 0.61 Astra International Automobiles and Parts 6,975 7.68 2.41
Bank Negara Indonesi Banks 8,525 3.43 0.28 Bank Rakyat Indonesi Banks 4,340 15.35 2.31

Bank Rakyat Indonesi Banks 4,340 15.35 -0.07 Gudang Garam Tobacco 23,725 0.60 -0.28
Gudang Garam Tobacco 23,725 0.60 -0.11 Surya Citra Media Media 226 0.36 -0.35
Barito Pacific Construction and Materials 820 1.12 -0.12 Barito Pacific Construction and Materials 820 1.12 -0.42
Tower Bersama Infras Telecommunications Equipment 2,820 1.14 -0.12 Elang Mahkota Teknol Telecommunications Equipment 1,910 3.13 -0.49
Indofood Sukses Makm Food Producers 6,225 1.49 -0.14 Semen Gresik Construction and Materials 6,600 1.05 -0.53

FTSE Indonesia Index Performance % FTSE Indonesia Index Volatility %

110 90
105 80
100 70
95 60
90 50
85 40

5–85
80 30
75 20
70 10
65 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country vol 1m vol 3m

5–85
FTSE All-World Review August 2022

Indonesia - Industry/Sector/Style Summary EMERGING

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % IDR (mn) Wgt % Stocks Cont1M%
2.31 19.5 3.6 8.6 3.8 21.4 Telecommunications 2871.69 5.18 6.22 14.78 5556.69 5.18 8.92 17.77 358,408,362 19.54 7 1.04
0.56 25.5 3.7 29.3 9.4 20.6 Telecommunications Equipment 4538.85 -0.42 -11.58 -16.66 6516.38 -0.42 -11.20 -16.30 96,855,394 5.28 3 0.01
2.96 17.9 3.6 6.8 3.1 21.7 Telecommunications Service Prov. 751.07 7.37 11.14 22.32 1077.98 7.37 14.78 26.41 261,552,968 14.26 4 1.03
2.08 24.5 4.0 27.4 3.0 17.4 Health Care 5447.33 3.70 4.02 24.91 7912.38 3.70 6.31 27.65 31,523,707 1.72 1 0.06
2.08 24.5 4.0 27.4 3.0 17.4 Pharmaceuticals & Biotechnology 5447.33 3.70 4.02 24.91 7912.38 3.70 6.31 27.65 31,523,707 1.72 1 0.06
3.33 21.6 2.7 11.2 4.6 13.5 Financials 1312.00 6.44 13.00 25.52 2150.69 6.44 16.22 29.29 909,217,874 49.57 6 3.15
3.33 21.6 2.7 11.2 4.6 13.5 Banks 2343.71 6.44 13.00 25.52 4101.16 6.44 16.22 29.29 909,217,874 49.57 6 3.15
0.00 14.4 0.6 6.7 2.5 4.4 Real Estate 751.02 0.00 -8.91 -4.17 751.02 0.00 -8.91 -4.17 8,322,710 0.45 1 0.00
0.00 14.4 0.6 6.7 2.5 4.4 Real Estate Investment & Services 294.24 0.00 -8.91 -4.17 415.92 0.00 -8.91 -4.17 8,322,710 0.45 1 0.00
3.25 13.2 1.6 7.0 1.2 13.0 Consumer Discretionary 86.08 9.01 17.76 24.94 114.95 9.01 20.68 28.97 152,142,506 8.29 3 0.72
3.43 13.9 1.6 6.9 1.2 12.4 Automobiles and Parts 19690.40 10.28 22.37 33.49 28904.00 10.28 25.58 38.09 140,875,782 7.68 1 0.75
1.01 8.0 1.4 7.7 2.0 19.5 Media 96.76 -4.68 -19.94 -30.66 93.44 -4.68 -19.41 -30.02 11,266,724 0.61 2 -0.03
3.61 14.3 2.2 10.2 1.3 16.2 Consumer Staples 10907.00 -2.29 -2.56 -4.55 15509.70 -1.17 0.59 -0.08 143,988,146 7.85 8 -0.19
2.78 13.5 2.1 9.1 1.1 16.2 Food Producers 851.34 -1.75 -2.82 -4.68 1250.13 -0.10 -0.18 -0.42 98,827,405 5.39 5 -0.10
8.42 10.0 1.2 9.2 1.7 11.5 Tobacco 1010.73 -9.91 -16.21 -21.26 1822.04 -9.91 -10.09 -15.51 18,894,466 1.03 2 -0.12
3.27 30.0 40.5 22.2 4.4 +ve Personal Care, Drug & Grocery St. 680.00 1.77 11.68 13.33 714.42 1.77 13.60 16.95 26,266,275 1.43 1 0.03
2.91 15.2 1.7 7.1 1.6 11.6 Industrials 3515.35 0.50 8.63 1.96 5573.60 0.50 11.43 5.07 115,324,516 6.29 5 0.03
2.61 24.0 1.6 9.5 1.6 7.1 Construction and Materials 3001.06 -2.59 -11.74 -24.09 4275.07 -2.59 -9.51 -22.17 56,697,037 3.09 3 -0.09
3.66 12.3 1.8 5.4 1.6 16.0 Industrial Engineering 5760.19 4.80 52.82 68.62 10036.30 4.80 57.64 76.16 51,137,355 2.79 1 0.13
0.00 7.1 1.2 9.6 1.6 17.7 Industrial Transportation 3341.78 -3.37 -11.57 -13.13 4353.68 -3.37 -11.57 -13.13 7,490,123 0.41 1 -0.01
0.39 8.3 0.9 6.0 1.3 11.2 Basic Materials 274.01 5.92 13.89 10.25 438.00 5.92 14.33 11.15 34,069,237 1.86 2 0.11
0.60 6.0 0.7 4.7 0.9 11.8 Industrial Materials 19.83 9.54 6.39 5.38 17.24 9.54 7.08 6.73 21,862,048 1.19 1 0.11
0.00 25.5 2.0 12.6 4.4 8.0 Precious Metals and Mining 925.07 0.00 30.34 20.20 1837.08 -0.00 30.34 20.20 12,207,190 0.67 1 0.00
10.64 7.7 2.0 5.2 1.9 27.7 Energy 1181.76 5.94 57.19 153.33 1394.61 5.94 78.68 187.95 62,011,681 3.38 2 0.20
10.64 7.7 2.0 5.2 1.9 27.7 Oil Gas and Coal 388.56 5.94 57.19 153.33 422.52 5.94 78.68 187.95 62,011,681 3.38 2 0.20
6.76 10.2 1.2 4.6 1.0 12.9 Utilities 2529.13 9.52 33.82 77.78 4174.62 9.52 43.91 91.18 19,193,263 1.05 1 0.10
6.76 10.2 1.2 4.6 1.0 12.9 Gas Water and Multi-utilities 2529.13 9.52 33.82 77.78 4174.62 9.52 43.91 91.18 19,193,263 1.05 1 0.10
3.31 17.3 2.4 9.2 2.7 14.8 FTSE Indonesia 3597.18 5.21 11.43 20.74 5827.75 5.32 14.87 24.89 1,834,202,001 100.00 36 -

5–86
August 2022 FTSE Russell

Indonesia - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% IDR (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Telecommunications Equipment
1.46 42.3 2.0 14.5 9.6 7.5 Dec 21 BP6DSH0 19.2 1.01 Dayamitra Telekomuni 790 IDR 83,516 28.1 18,559,885 8.2 - - 46,845 36,590.3
0.00 20.2 4.1 44.7 9.1 29.6 Dec 21 B5NM8S1 59.2 3.13 Elang Mahkota Teknol 1,910 IDR 61,242 49 57,343,842 1.9 -16.2 - 37,242 75,601.4
1.28 39.9 6.9 27.8 10.3 17.8 Dec 21 B4MW045 21.6 1.14 Tower Bersama Infras 2,820 IDR 22,657 32.7 20,951,668 -8.1 -4.4 -9.9 37,509 112,101.9
0.56 25.5 3.7 29.3 9.4 20.6 96,855,394 -0.4 -11.6 -16.7 - -
Telecommunications Service Prov.
1.94 17.8 5.3 12.4 7.3 32.0 Dec 21 BCDBLX3 12.1 1.72 Sarana Menara Nusant 1,240 IDR 51,015 49.8 31,544,167 5.5 10.2 -7.5 56,943 70,493.4
0.00 -ve 2.6 11.6 2.9 -3.1 Dec 21 B7LLC71 3.6 0.51 Smartfren Telecom 99 IDR 308,107 30.7 9,371,913 1.0 13.8 -26.1 1,498,468 153,478.8
3.29 16.9 3.7 6.6 3.2 23.9 Dec 21 BD4T6W7 80.8 11.52 Telekomunikasi Indo 4,560 IDR 99,062 46.7 211,226,006 7.8 12.9 34.1 166,493 760,667.7
1.94 21.9 1.4 3.0 1.1 6.6 Dec 21 B0LD0W9 3.6 0.51 XL Axiata 2,630 IDR 10,725 33.3 9,410,883 11.0 -17.0 -1.5 25,844 67,767.3
2.96 17.9 3.6 6.8 3.1 21.7 261,552,968 7.4 11.1 22.3 - -
Pharmaceuticals & Biotechnology
2.08 24.5 4.0 27.4 3.0 17.4 Dec 21 B7311V6 100.0 1.72 Kalbe Farma 1,680 IDR 46,875 40 31,523,707 3.7 4.0 24.9 45,821 73,933.4
2.08 24.5 4.0 27.4 3.0 17.4 31,523,707 3.7 4.0 24.9 - -
Banks
2.82 31.5 4.9 22.5 11.4 16.4 Dec 21 B01C1P6 43.4 21.53 Bank Central Asia 8,200 IDR 122,042 39.4 394,913,325 11.6 12.3 25.2 92,801 735,081.6
2.13 14.3 0.6 1.8 1.2 4.1 Dec 21 6580034 0.2 0.10 Bank Danamon Indones 2,640 IDR 9,676 7.5 1,918,454 5.2 12.3 12.3 4,014 10,423.6
4.07 14.2 2.0 8.0 2.8 14.6 Dec 21 6651048 18.0 8.92 Bank Mandiri 8,850 IDR 46,200 40 163,548,000 6.9 26.0 45.1 42,323 359,556.9
1.72 14.4 1.3 -19.7 2.3 9.3 Dec 21 6727121 6.9 3.43 Bank Negara Indonesi 8,525 IDR 18,462 40 62,955,999 8.6 26.3 57.9 26,405 219,535.9

Country Details
4.01 21.0 2.3 6.3 3.7 12.8 Dec 21 6709099 31.0 15.35 Bank Rakyat Indonesi 4,340 IDR 150,043 43.2 281,638,986 -0.5 5.6 13.2 138,304 598,405.6
1.21 20.4 2.5 3.8 3.0 19.9 Dec 21 BFY6H41 0.5 0.23 Bank Syariah Indones 1,520 IDR 40,718 6.8 4,243,110 -7.0 -14.6 -31.5 13,832 21,621.1
3.33 21.6 2.7 11.2 4.6 13.5 909,217,874 6.4 13.0 25.5 - -
Real Estate Investment & Services
0.00 14.4 0.6 6.7 2.5 4.4 Dec 21 B2RJPM0 100.0 0.45 Bumi Serpong Damai P 920 IDR 21,171 42.7 8,322,710 0.0 -8.9 -4.2 13,587 12,767.0
0.00 14.4 0.6 6.7 2.5 4.4 8,322,710 0.0 -8.9 -4.2 - -
Automobiles and Parts
3.43 13.9 1.6 6.9 1.2 12.4 Dec 21 B800MQ5 100.0 7.68 Astra International 6,975 IDR 40,484 49.8 140,875,782 10.3 22.4 33.5 43,453 296,192.1
3.43 13.9 1.6 6.9 1.2 12.4 140,875,782 10.3 22.4 33.5 - -
Media
0.87 5.5 0.8 5.1 1.4 16.2 Dec 21 B1Z5HY9 42.1 0.26 Media Nusantara Citr 915 IDR 15,050 34.4 4,746,958 -13.3 1.7 4.6 30,654 29,112.1
1.11 11.9 2.6 12.4 2.8 29.0 Dec 21 B8HWJY1 57.9 0.36 Surya Citra Media 226 IDR 73,971 39 6,519,766 2.7 -30.7 -44.3 135,586 32,454.5
1.01 8.0 1.4 7.7 2.0 19.5 11,266,724 -4.7 -19.9 -30.7 - -
Food Producers
5.04 8.9 0.9 3.9 0.7 10.0 Dec 21 6092498 3.6 0.19 Astra Agro Lestari 9,150 IDR 1,925 20.3 3,575,012 -5.2 -3.7 8.3 2,126 19,774.0
1.84 26.6 3.8 45.4 1.9 15.0 Dec 21 6315344 43.3 2.34 Charoen Pokphand Ind 5,875 IDR 16,398 44.4 42,841,620 4.9 -1.3 -8.2 6,692 38,991.9
4.47 7.0 1.1 3.7 0.6 17.2 Dec 21 6283979 27.6 1.49 Indofood Sukses Makm 6,225 IDR 8,780 49.9 27,290,817 -8.5 -1.6 0.8 9,648 63,403.6
1.17 33.9 3.6 37.8 1.4 10.7 Dec 21 6543877 6.4 0.34 Mayora Indah 1,800 IDR 22,359 15.7 6,322,593 2.3 -11.8 -16.3 8,732 16,446.4
2.59 14.8 2.9 12.1 1.7 20.6 Dec 21 B4LD3M8 19.0 1.02 PT Indofood CBP Suks 8,300 IDR 11,662 19.4 18,797,363 -5.9 -4.6 -1.5 7,821 67,873.8
2.78 13.5 2.1 9.1 1.1 16.2 98,827,405 -1.7 -2.8 -4.7 - -
Tobacco
9.48 8.1 0.8 8.6 1.4 9.5 Dec 21 6366999 58.0 0.60 Gudang Garam 23,725 IDR 1,924 24 10,955,757 -14.8 -22.5 -28.3 1,339 33,930.5

5–87
6.96 14.8 3.6 10.3 2.5 24.0 Dec 21 6404242 42.0 0.43 PT Hanjaya Mandala S 910 IDR 116,318 7.5 7,938,709 -2.2 -5.7 -9.0 15,996 14,621.9
8.42 10.0 1.2 9.2 1.7 11.5 18,894,466 -9.9 -16.2 -21.3 - -
Personal Care, Drug & Grocery St.
3.27 30.0 40.5 22.2 4.4 +ve Dec 21 6687184 100.0 1.43 Unilever Indonesia 4,590 IDR 38,150 15 26,266,275 1.8 11.7 13.3 20,457 95,822.3
3.27 30.0 40.5 22.2 4.4 +ve 26,266,275 1.8 11.7 13.3 - -
Construction and Materials
0.38 48.6 3.1 14.1 1.7 7.3 Dec 21 6070706 36.1 1.12 Barito Pacific 820 IDR 93,747 26.6 20,472,473 -8.9 -4.1 -23.0 61,614 57,898.3
5.29 19.5 1.7 13.4 2.4 8.4 Dec 21 6454861 30.1 0.93 Indocemt Tunggal Pra 9,450 IDR 3,681 49 17,045,943 1.6 -21.9 -16.0 2,854 26,997.6
2.62 18.0 1.1 5.9 1.1 6.2 Dec 21 6795236 33.8 1.05 Semen Gresik 6,600 IDR 5,932 48.9 19,178,621 1.1 -9.0 -28.6 9,588 64,391.4
2.61 24.0 1.6 9.5 1.6 7.1 56,697,037 -2.6 -11.7 -24.1 - -
Industrial Engineering
3.66 12.3 1.8 5.4 1.6 16.0 Dec 21 6230845 100.0 2.79 United Tractors 33,850 IDR 3,730 40.5 51,137,355 4.8 52.8 68.6 6,211 202,920.5
3.66 12.3 1.8 5.4 1.6 16.0 51,137,355 4.8 52.8 68.6 - -
Industrial Transportation
0.00 7.1 1.2 9.6 1.6 17.7 Dec 21 B28T1S7 100.0 0.41 Jasa Marga 3,440 IDR 7,258 30 7,490,123 -3.4 -11.6 -13.1 5,080 17,657.0
0.00 7.1 1.2 9.6 1.6 17.7 7,490,123 -3.4 -11.6 -13.1 - -
Industrial Materials
0.60 6.0 0.7 4.7 0.9 11.8 Dec 21 6462422 100.0 1.19 Indah Kiat Pulp & Pa 8,325 IDR 5,471 48 21,862,048 9.5 6.4 5.4 4,543 36,353.6
0.60 6.0 0.7 4.7 0.9 11.8 21,862,048 9.5 6.4 5.4 - -
Precious Metals and Mining
0.00 25.5 2.0 12.6 4.4 8.0 Dec 21 B0217K9 100.0 0.67 Vale Indonesia 6,100 IDR 9,936 20.1 12,207,190 0.0 30.3 20.2 20,925 133,733.6

5–87
FTSE All-World Review August 2022

Indonesia - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% IDR (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Precious Metals and Mining
0.00 25.5 2.0 12.6 4.4 8.0 12,207,190 0.0 30.3 20.2 - -
Oil Gas and Coal
8.52 8.5 1.9 5.5 2.0 24.1 Dec 21 B3BQFC4 72.4 2.45 Adaro Energy PT 3,540 IDR 31,986 39.6 44,884,493 8.9 57.3 181.0 100,022 328,394.6
16.20 6.2 2.0 4.5 1.7 38.7 Dec 21 6565127 27.6 0.93 Tambang Batubara Buk 4,250 IDR 11,521 34.9 17,127,188 -1.2 56.8 101.4 37,715 159,401.8
10.64 7.7 2.0 5.2 1.9 27.7 62,011,681 5.9 57.2 153.3 - -
Gas Water and Multi-utilities
6.76 10.2 1.2 4.6 1.0 12.9 Dec 21 6719764 100.0 1.05 Perusahaan Gas Negar 1,840 IDR 24,242 43 19,193,263 9.5 33.8 77.8 122,259 218,042.8
6.76 10.2 1.2 4.6 1.0 12.9 19,193,263 9.5 33.8 77.8 - -
FTSE Indonesia
3.31 17.3 2.4 9.2 2.7 14.8 1,834,202,001 5.2 11.4 20.7 - -

5–88
August 2022 FTSE Russell

Ireland - Overview WORLD/DEVELOPED

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Glanbia Food Producers 12.67 10.17 AIB Group Banks 2.27 -11.31
AIB Group Banks 2.27 2.35 Glanbia Food Producers 12.67 -16.15
Kerry Group 'A' Food Producers 102.85 -0.39 Kerry Group 'A' Food Producers 102.85 -17.19
Kingspan Group Construction and Materials 56.64 -10.12 Kingspan Group Construction and Materials 56.64 -41.48

Glanbia Food Producers 12.67 10.17 AIB Group Banks 2.27 -11.31
AIB Group Banks 2.27 2.35 Glanbia Food Producers 12.67 -16.15
Kerry Group 'A' Food Producers 102.85 -0.39 Kerry Group 'A' Food Producers 102.85 -17.19
Kingspan Group Construction and Materials 56.64 -10.12 Kingspan Group Construction and Materials 56.64 -41.48

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Glanbia Food Producers 12.67 8.10 0.73 AIB Group Banks 2.27 7.25 -0.56
AIB Group Banks 2.27 7.25 0.16 Glanbia Food Producers 12.67 8.10 -1.27
Kerry Group 'A' Food Producers 102.85 54.98 -0.21 Kerry Group 'A' Food Producers 102.85 54.98 -8.54
Kingspan Group Construction and Materials 56.64 29.67 -3.26 Kingspan Group Construction and Materials 56.64 29.67 -15.71

Country Details
Glanbia Food Producers 12.67 8.10 0.73 AIB Group Banks 2.27 7.25 -0.56
AIB Group Banks 2.27 7.25 0.16 Glanbia Food Producers 12.67 8.10 -1.27
Kerry Group 'A' Food Producers 102.85 54.98 -0.21 Kerry Group 'A' Food Producers 102.85 54.98 -8.54
Kingspan Group Construction and Materials 56.64 29.67 -3.26 Kingspan Group Construction and Materials 56.64 29.67 -15.71

FTSE Ireland Index Performance % FTSE Ireland Index Volatility %

140 70

120 60

100 50

80 40

60 30

40 20

20 10

5–89
0 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–89
FTSE All-World Review August 2022

Ireland - Industry/Sector/Style Summary WORLD/DEVELOPED

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % EUR (mn) Wgt % Stocks Cont1M%
1.99 7.9 0.5 0.8 2.2 5.8 Financials 5.40 2.35 5.89 -11.31 14.83 2.35 8.24 -9.34 2,088 7.25 1 0.16
1.99 7.9 0.5 0.8 2.2 5.8 Banks 6.76 2.35 5.89 -11.31 18.84 2.35 8.24 -9.34 2,088 7.25 1 0.16
1.12 20.5 3.0 23.9 2.0 15.9 Consumer Staples 2474.17 0.85 -7.77 -17.09 5103.61 0.98 -6.93 -16.17 18,169 63.08 2 0.52
1.12 20.5 3.0 23.9 2.0 15.9 Food Producers 2819.81 0.85 -7.77 -17.09 4454.18 0.98 -6.93 -16.17 18,169 63.08 2 0.52
0.81 17.6 3.6 31.2 1.6 22.3 Industrials 720.76 -10.12 -46.06 -41.48 1709.27 -10.12 -45.90 -41.18 8,547 29.67 1 -3.26
0.81 17.6 3.6 31.2 1.6 22.3 Construction and Materials 1610.01 -10.12 -46.06 -41.48 3129.06 -10.12 -45.90 -41.18 8,547 29.67 1 -3.26
1.09 17.6 2.2 7.7 1.9 13.3 FTSE Ireland 377.51 -2.57 -23.48 -26.08 838.94 -2.50 -22.92 -25.39 28,804 100.00 4 -

Ireland - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% EUR (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Banks
1.99 7.9 0.5 0.8 2.2 5.8 Dec 21 BF0L353 100.0 7.25 AIB Group 2.27 EUR 2,714 33.9 2,088 0.0 2.3 5.9 -11.3 2,276 5.1
1.99 7.9 0.5 0.8 2.2 5.8 2,088 2.3 5.9 -11.3 - -
Food Producers
2.40 15.2 2.0 12.1 0.8 13.8 Jan 22 4058629 12.8 8.10 Glanbia 12.67 EUR 277 66.5 2,333 100.0 10.2 3.0 -16.1 428 5.3
0.93 21.6 3.2 27.8 2.5 16.5 Dec 21 4519579 87.2 54.98 Kerry Group 'A' 102.85 EUR 177 87 15,836 100.0 -0.4 -9.2 -17.2 254 26.6
1.12 20.5 3.0 23.9 2.0 15.9 18,169 0.9 -7.8 -17.1 - -
Construction and Materials
0.81 17.6 3.6 31.2 1.6 22.3 Dec 21 4491235 100.0 29.67 Kingspan Group 56.64 EUR 182 83 8,547 100.0 -10.1 -46.1 -41.5 562 34.1
0.81 17.6 3.6 31.2 1.6 22.3 8,547 -10.1 -46.1 -41.5 - -
FTSE Ireland
1.09 17.6 2.2 7.7 1.9 13.3 28,804 -2.6 -23.5 -26.1 - -

5–90
August 2022 FTSE Russell

Israel - Overview WORLD/DEVELOPED

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Fox Wizel Ltd Personal Goods 484.80 13.54 Israel Corporation Chemicals 1,620.00 66.41
Energix Renewable En Electricity 15.27 13.03 Tower Semiconductor Technology Hardware & Equip. 156.60 65.85
Phoenix Holdings Non-life Insurance 40.30 12.66 Elbit Systems Aerospace and Defense 713.10 52.86
Bank Hapoalim Banks 34.70 11.36 Bezeq Telecommunications Service Prov. 5.63 47.77
Harel Investments & Non-life Insurance 38.00 10.59 Fattal 1998 Holdings Travel and Leisure 412.60 41.54

Kenon Holdings Electricity 135.90 -6.28 Sapiens Internationa Software and Computer Services 75.49 -18.11
AFI Properties Real Estate Investment & Services 165.00 -6.36 Shikun & Binui Construction and Materials 15.13 -18.68
Camtek Ltd. Technology Hardware & Equip. 89.90 -7.74 Nice Ltd Telecommunications Equipment 722.30 -22.81
Elbit Systems Aerospace and Defense 713.10 -8.00 Camtek Ltd. Technology Hardware & Equip. 89.90 -31.95
Sapiens Internationa Software and Computer Services 75.49 -13.82 Maytronics Ltd Electronic and Electrical Equipment 48.06 -34.66

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Bank Hapoalim Banks 34.70 10.94 1.16 Bank Leumi Banks 35.36 12.81 3.69
Bank Leumi Banks 35.36 12.81 1.09 Bank Hapoalim Banks 34.70 10.94 2.47
Israel Discount Bank Banks 20.45 5.97 0.46 Tower Semiconductor Technology Hardware & Equip. 156.60 4.03 1.90

Country Details
Mizrahi Tefahot Bank Banks 136.00 4.39 0.40 ICL Group Ltd Chemicals 32.00 5.44 1.83
ICL Group Ltd Chemicals 32.00 5.44 0.30 Elbit Systems Aerospace and Defense 713.10 4.11 1.69

Sapiens Internationa Software and Computer Services 75.49 0.49 -0.08 Shikun & Binui Construction and Materials 15.13 0.79 -0.19
Tower Semiconductor Technology Hardware & Equip. 156.60 4.03 -0.11 Azrieli Group Real Estate Investment & Services 277.50 2.39 -0.23
Nova Technology Hardware & Equip. 328.40 2.19 -0.15 Teva Pharmaceutical Pharmaceuticals & Biotechnology 29.94 7.04 -0.27
Elbit Systems Aerospace and Defense 713.10 4.11 -0.37 Maytronics Ltd Electronic and Electrical Equipment 48.06 0.49 -0.30
Teva Pharmaceutical Pharmaceuticals & Biotechnology 29.94 7.04 -0.47 Nice Ltd Telecommunications Equipment 722.30 10.82 -3.84

FTSE Israel Index Performance % FTSE Israel Index Volatility %

140 70

130 60
120
50
110
40
100
30
90

5–91
80 20

70 10

60 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–91
FTSE All-World Review August 2022

Israel - Industry/Sector/Style Summary WORLD/DEVELOPED

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % ILS (mn) Wgt % Stocks Cont1M%
0.21 29.9 4.0 15.1 4.1 14.1 Technology 317.61 -4.81 -3.18 28.64 133.96 -4.75 -2.98 28.90 30,811 7.27 4 -0.38
3.08 18.3 3.3 16.0 2.8 18.3 Software and Computer Services 722.39 -13.82 -30.30 -18.11 752.39 -12.94 -28.22 -15.67 2,062 0.49 1 -0.08
0.00 31.3 4.1 15.1 4.3 13.7 Technology Hardware & Equip. 403.65 -4.09 -0.15 34.66 178.70 -4.09 -0.15 34.66 28,750 6.78 3 -0.30
0.31 28.4 6.0 16.9 4.5 22.8 Telecommunications 116.57 1.43 -19.11 -14.62 160.27 1.43 -18.85 -14.34 57,318 13.52 2 0.20
0.00 44.6 5.2 30.7 7.4 12.1 Telecommunications Equipment 945.79 2.45 -24.10 -22.81 945.79 2.45 -24.10 -22.81 45,849 10.82 1 0.27
1.54 11.6 14.2 6.0 1.8 +ve Telecommunications Service Prov. 1627.64 -2.48 9.55 47.77 1655.81 -2.48 11.45 50.33 11,469 2.71 1 -0.07
0.00 8.5 1.0 12.9 0.6 12.3 Health Care 153.23 -5.97 11.09 -2.54 72.90 -5.97 11.09 -2.54 29,854 7.04 1 -0.47
0.00 8.5 1.0 12.9 0.6 12.3 Pharmaceuticals & Biotechnology 161.39 -5.97 11.09 -2.54 76.16 -5.97 11.09 -2.54 29,854 7.04 1 -0.47
3.97 9.0 1.2 8.0 2.0 14.4 Financials 842.06 9.72 6.51 28.22 620.64 10.52 8.75 33.83 161,562 38.12 7 3.51
3.87 9.4 1.3 8.7 2.8 13.9 Banks 1077.82 9.60 6.69 28.83 695.31 10.45 8.80 34.35 152,590 36.00 5 3.28
5.57 5.0 1.0 3.2 0.3 21.0 Non-life Insurance 941.51 11.68 3.49 19.06 986.60 11.68 7.41 25.70 8,972 2.12 2 0.23
2.33 8.9 1.4 19.5 8.1 16.9 Real Estate 1401.36 5.90 -6.95 3.52 1455.80 6.31 -5.22 5.95 47,665 11.25 10 0.65
2.33 8.9 1.4 19.5 8.1 16.9 Real Estate Investment & Services 466.21 5.90 -6.95 3.52 330.76 6.31 -5.22 5.95 47,665 11.25 10 0.65
2.41 18.5 3.6 17.1 0.9 21.7 Consumer Discretionary 42.75 7.45 23.48 33.09 43.32 7.54 25.13 34.87 7,622 1.80 3 0.13
1.09 9.5 3.1 -44.4 0.4 37.0 Household Goods & Home Constr. 860.81 1.08 869.39 1.40 2,223 0.52 1 0.01
4.81 20.1 4.2 8.8 1.6 25.4 Personal Goods 95.08 13.54 97.52 13.54 3,319 0.78 1 0.10
0.00 +ve 3.4 17.8 2.1 2.0 Travel and Leisure 1156.71 5.52 31.32 41.54 1156.71 5.52 31.32 41.54 2,080 0.49 1 0.03
2.62 14.4 2.7 6.9 0.7 21.1 Consumer Staples 681.12 0.19 -10.80 -9.47 537.88 0.19 -8.79 -7.44 6,428 1.52 2 0.00
2.86 15.6 4.1 10.6 1.7 27.4 Food Producers 1544.57 -2.46 -9.95 -5.78 991.35 -2.46 -7.62 -3.35 3,597 0.85 1 -0.02
2.31 13.2 1.9 4.8 0.4 17.0 Personal Care, Drug & Grocery St. 148.89 3.77 -11.85 -13.72 201.30 3.77 -10.22 -12.12 2,832 0.67 1 0.03
1.26 22.7 3.8 24.6 1.7 17.5 Industrials 606.52 -2.37 7.93 21.16 545.39 -2.30 8.71 22.55 33,369 7.87 6 -0.20
1.54 17.3 3.2 24.6 1.4 19.8 Construction and Materials 478.51 3.93 -3.94 6.90 497.85 3.93 -3.22 8.16 13,877 3.27 4 0.13
0.90 30.4 4.0 23.5 1.9 13.8 Aerospace and Defense 1152.06 -8.00 32.30 52.86 716.93 -8.00 32.93 54.00 17,400 4.11 1 -0.37
2.38 22.0 9.6 39.8 3.7 47.7 Electronic and Electrical Equipment 799.67 9.23 -37.42 -34.66 829.87 10.59 -36.08 -32.63 2,093 0.49 1 0.04
6.16 17.4 2.9 8.5 1.2 17.2 Basic Materials 1609.16 6.46 9.27 46.16 1238.33 8.91 14.86 54.82 28,985 6.84 2 0.43
6.16 17.4 2.9 8.5 1.2 17.2 Chemicals 1940.41 6.46 9.27 46.16 1454.33 8.91 14.86 54.82 28,985 6.84 2 0.43
N/A 18.9 1.4 4.2 0.4 7.7 Energy 574.30 4.69 13.03 35.37 421.71 4.69 13.03 35.37 4,283 1.01 1 0.05
N/A 18.9 1.4 4.2 0.4 7.7 Oil Gas and Coal 574.30 4.69 13.03 35.37 421.71 4.69 13.03 35.37 4,283 1.01 1 0.05
2.06 17.1 3.3 30.6 10.6 22.5 Utilities 427.46 5.32 6.32 18.10 232.96 5.39 7.91 19.94 15,943 3.76 4 0.20
2.54 12.9 3.2 31.2 14.1 29.5 Electricity 440.91 5.93 4.54 14.32 241.39 6.02 6.47 16.51 12,895 3.04 3 0.18
0.00 -43.8 3.6 28.5 5.1 -9.3 Gas Water and Multi-utilities 1149.62 2.81 14.27 35.96 1149.62 2.81 14.27 35.96 3,048 0.72 1 0.02
2.53 12.1 1.7 11.1 1.9 15.2 FTSE Israel 547.92 4.13 -0.16 13.56 341.49 4.65 1.45 16.44 423,841 100.00 42 -

5–92
August 2022 FTSE Russell

Israel - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% ILS (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Software and Computer Services
3.08 18.3 3.3 16.0 2.8 18.3 Dec 21 BFZXZ36 100.0 0.49 Sapiens Internationa 75.49 ILS 55 49.5 206,154 0.0 -13.8 -30.3 -18.1 72 5.4
3.08 18.3 3.3 16.0 2.8 18.3 2,062 -13.8 -30.3 -18.1 - -
Technology Hardware & Equip.
0.00 20.2 4.3 20.0 4.5 23.7 Dec 21 B0WG737 8.3 0.57 Camtek Ltd. 89.90 ILS 44 60.7 239,476 0.0 -7.7 -37.4 -31.9 47 4.5
0.00 30.1 6.3 21.7 6.9 23.1 Dec 21 6534161 32.3 2.19 Nova 328.40 ILS 28 99.9 927,317 0.0 -6.0 -26.8 2.0 41 14.4
0.00 34.8 3.4 12.6 3.5 10.1 Dec 21 6320605 59.4 4.03 Tower Semiconductor 156.60 ILS 109 100 1,708,166 100.0 -2.5 26.8 65.9 134 20.8
0.00 31.3 4.1 15.1 4.3 13.7 28,750 -4.1 -0.2 34.7 - -
Telecommunications Equipment
0.00 44.6 5.2 30.7 7.4 12.1 Dec 21 6647133 100.0 10.82 Nice Ltd 722.30 ILS 64 100 4,584,934 100.0 2.5 -24.1 -22.8 70 51.1
0.00 44.6 5.2 30.7 7.4 12.1 45,849 2.5 -24.1 -22.8 - -
Telecommunications Service Prov.
1.54 11.6 14.2 6.0 1.8 +ve Dec 21 6098032 100.0 2.71 Bezeq 5.63 ILS 2,766 73.6 1,146,886 0.0 -2.5 9.6 47.8 15,589 89.6
1.54 11.6 14.2 6.0 1.8 +ve 11,469 -2.5 9.6 47.8 - -
Pharmaceuticals & Biotechnology
0.00 8.5 1.0 12.9 0.6 12.3 Dec 21 6882172 100.0 7.04 Teva Pharmaceutical 29.94 ILS 1,110 89.8 2,985,434 0.0 -6.0 11.1 -2.5 2,820 94.7
0.00 8.5 1.0 12.9 0.6 12.3 29,854 -6.0 11.1 -2.5 - -
Banks
6.60 10.3 1.6 -14.2 3.4 15.8 Dec 21 6123815 5.3 1.90 1st Intl Bk of Isr 5 155.60 ILS 100 51.6 806,558 75.0 10.0 20.2 34.3 217 32.2

Country Details
2.73 9.4 1.1 8.1 2.9 11.9 Dec 21 6075808 30.4 10.94 Bank Hapoalim 34.70 ILS 1,337 99.9 4,634,823 15.6 11.4 8.1 25.8 2,702 90.1
5.16 9.1 1.3 10.5 3.2 15.2 Dec 21 6076425 35.6 12.81 Bank Leumi 35.36 ILS 1,544 99.4 5,428,827 43.3 8.9 5.7 33.4 2,855 98.5
2.37 9.1 1.2 5.7 2.2 13.6 Dec 21 6451271 16.6 5.97 Israel Discount Bank 20.45 ILS 1,237 100 2,529,688 80.2 7.9 -2.3 23.4 2,996 60.3
3.84 10.9 1.7 6.9 2.7 16.1 Dec 21 6916703 12.2 4.39 Mizrahi Tefahot Bank 136.00 ILS 257 53.2 1,859,055 100.0 9.6 13.3 27.5 485 63.8
3.87 9.4 1.3 8.7 2.8 13.9 152,590 9.6 6.7 28.8 - -
Non-life Insurance
4.94 5.7 0.9 6.5 0.3 17.1 Dec 21 6410700 46.8 0.99 Harel Investments & 38.00 ILS 213 51.9 420,194 0.0 10.6 7.5 20.6 343 13.0
6.12 4.6 1.0 2.2 0.4 25.2 Dec 21 6460590 53.2 1.13 Phoenix Holdings 40.30 ILS 251 47.1 477,019 100.0 12.7 0.2 17.7 360 14.0
5.57 5.0 1.0 3.2 0.3 21.0 8,972 11.7 3.5 19.1 - -
Real Estate Investment & Services
0.84 7.9 1.4 +ve 5.4 18.0 Dec 21 B034CL3 2.0 0.22 AFI Properties 165.00 ILS 38 15.1 94,201 0.0 -6.4 -19.9 0.7 38 6.6
0.00 6.2 1.0 19.2 10.6 17.2 Dec 21 B0Z7M21 10.1 1.13 Airport City Ltd 69.99 ILS 125 55 479,212 100.0 8.0 0.4 19.2 138 9.4
3.13 6.0 1.2 13.5 7.4 22.2 Dec 21 6013154 12.0 1.35 Alony Hetz Propertie 53.99 ILS 174 60.6 570,801 100.0 10.4 -6.8 14.1 352 18.6
4.35 11.7 1.4 18.3 12.9 13.4 Dec 21 B18MCB9 8.2 0.92 Amot Investments Ltd 23.90 ILS 456 35.7 389,515 100.0 4.2 -4.2 6.4 624 15.0
1.93 11.6 1.6 28.2 15.2 14.9 Dec 21 B5MN1W0 21.3 2.39 Azrieli Group 277.50 ILS 121 30.1 1,014,307 75.0 3.4 -6.6 -7.4 95 26.8
1.98 11.5 1.8 18.5 6.7 19.8 Dec 21 B1KZR22 14.3 1.61 Big Shopping Centers 477.80 ILS 25 56.2 680,408 0.0 6.9 -5.9 1.4 39 18.5
5.68 5.6 0.7 10.1 1.6 11.9 Dec 21 6585396 3.4 0.38 G City 21.82 ILS 166 44.5 161,782 0.0 5.2 -11.3 -5.9 249 5.4
7.25 6.7 2.0 15.4 10.9 34.3 Dec 21 6089724 2.0 0.23 Gav-Yam Lands 34.07 ILS 215 13.2 96,997 0.0 5.3 -11.3 -5.5 96 3.3
0.93 8.8 1.5 17.5 9.1 18.6 Dec 21 6565310 9.8 1.10 Melisron 273.10 ILS 48 36 466,832 100.0 7.5 -5.8 5.4 72 19.9
2.70 10.5 1.4 24.5 9.0 14.5 Dec 21 6416980 17.0 1.92 Mivne Real Estate 12.28 ILS 803 82.3 812,406 0.0 7.9 -8.2 13.2 1,277 15.1
2.33 8.9 1.4 19.5 8.1 16.9 47,665 5.9 -6.9 3.5 - -
Household Goods & Home Constr.

5–93
1.09 9.5 3.1 -44.4 0.4 37.0 Dec 21 6307545 100.0 0.52 Elco 235.00 ILS 27 34.6 222,341 0.0 1.1 2.6 19.8 12 2.7
1.09 9.5 3.1 -44.4 0.4 37.0 2,223 1.1 - - - -
Personal Goods
4.81 20.1 4.2 8.8 1.6 25.4 Dec 21 6541741 100.0 0.78 Fox Wizel Ltd 484.80 ILS 14 50.3 331,917 0.0 13.5 -13.4 14.1 21 9.4
4.81 20.1 4.2 8.8 1.6 25.4 3,319 13.5 - - - -
Travel and Leisure
0.00 +ve 3.4 17.8 2.1 2.0 Dec 21 BG1YKN5 100.0 0.49 Fattal 1998 Holdings 412.60 ILS 16 32.5 207,980 100.0 5.5 31.3 41.5 18 7.2
0.00 +ve 3.4 17.8 2.1 2.0 2,080 5.5 31.3 41.5 - -
Food Producers
2.86 15.6 4.1 10.6 1.7 27.4 Dec 21 6304115 100.0 0.85 Strauss Group 87.35 ILS 116 35.4 359,652 100.0 -2.5 -9.9 -5.8 78 7.0
2.86 15.6 4.1 10.6 1.7 27.4 3,597 -2.5 -9.9 -5.8 - -
Personal Care, Drug & Grocery St.
2.31 13.2 1.9 4.8 0.4 17.0 Dec 21 6860543 100.0 0.67 Shufersal Ltd. 22.83 ILS 266 46.7 283,190 100.0 3.8 -11.9 -13.7 1,049 22.6
2.31 13.2 1.9 4.8 0.4 17.0 2,832 3.8 -11.9 -13.7 - -
Construction and Materials
4.77 7.0 2.1 6.9 1.9 33.9 Dec 21 BN5SBF1 23.3 0.76 Ashtrom Group Ltd 85.00 ILS 101 37.6 323,514 0.0 8.8 0.7 21.4 78 6.4
0.99 28.2 6.6 -36.2 0.9 23.9 Dec 21 6298821 27.2 0.89 Electra (Israel) Ltd 2,120.00 ILS 4 46.6 378,029 0.0 5.2 -1.8 10.6 3 6.1
0.61 25.5 4.6 32.5 2.9 19.6 Dec 21 BTF8CZ0 25.4 0.83 Shapir Engineering a 31.89 ILS 357 30.9 352,387 0.0 6.4 15.9 24.6 235 7.4
0.00 51.2 2.4 35.9 1.1 4.6 Dec 21 6151292 24.0 0.79 Shikun & Binui 15.13 ILS 452 48.8 333,722 100.0 -3.9 -23.7 -18.7 734 11.5
1.54 17.3 3.2 24.6 1.4 19.8 13,877 3.9 -3.9 6.9 - -
Aerospace and Defense
0.90 30.4 4.0 23.5 1.9 13.8 Dec 21 6308913 100.0 4.11 Elbit Systems 713.10 ILS 44 55 1,739,994 100.0 -8.0 32.3 52.9 61 44.4
0.90 30.4 4.0 23.5 1.9 13.8 17,400 -8.0 32.3 52.9 - -
Electronic and Electrical Equipment
2.38 22.0 9.6 39.8 3.7 47.7 Dec 21 B034DS7 100.0 0.49 Maytronics Ltd 48.06 ILS 109 39.8 209,293 0.0 9.2 -37.4 -34.7 353 18.1

5–93
FTSE All-World Review August 2022

Israel - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% ILS (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Electronic and Electrical Equipment
2.38 22.0 9.6 39.8 3.7 47.7 2,093 9.2 -37.4 -34.7 - -
Chemicals
7.75 15.6 2.9 12.0 1.8 19.8 Dec 21 6455530 79.5 5.44 ICL Group Ltd 32.00 ILS 1,287 55.9 2,304,515 100.0 5.7 6.6 41.0 2,174 71.4
0.00 31.7 2.6 4.0 0.6 8.5 Dec 21 6889678 20.5 1.40 Israel Corporation 1,620.00 ILS 8 47.6 594,015 0.0 9.6 20.4 66.4 13 20.5
6.16 17.4 2.9 8.5 1.2 17.2 28,985 6.5 9.3 46.2 - -
Oil Gas and Coal
N/A 18.9 1.4 4.2 0.4 7.7 Dec 21 B1L3K60 100.0 1.01 Paz Oil 437.10 ILS 11 92.1 428,342 0.0 4.7 13.0 35.4 11 4.9
N/A 18.9 1.4 4.2 0.4 7.7 4,283 4.7 13.0 35.4 - -
Electricity
1.31 +ve 5.3 76.8 29.8 5.1 Dec 21 B469X43 23.5 0.71 Energix Renewable En 15.27 ILS 521 38 302,600 0.0 13.0 15.2 15.2 1,197 16.9
0.00 +ve 4.7 46.4 23.6 2.9 Dec 21 6767677 59.5 1.81 Enlight Renewable En 8.16 ILS 957 98.2 767,164 0.0 7.3 6.6 17.6 2,710 21.9
13.12 2.4 1.2 10.5 4.5 65.4 Dec 21 BV8WW64 17.0 0.52 Kenon Holdings 135.90 ILS 54 30 219,687 0.0 -6.3 -14.0 8.1 61 8.8
2.54 12.9 3.2 31.2 14.1 29.5 12,895 5.9 4.5 14.3 - -
Gas Water and Multi-utilities
0.00 -43.8 3.6 28.5 5.1 -9.3 Dec 21 BF8KKX9 100.0 0.72 OPC Energy Ltd 39.88 ILS 202 37.7 304,812 0.0 2.8 14.3 36.0 153 5.9
0.00 -43.8 3.6 28.5 5.1 -9.3 3,048 2.8 14.3 36.0 - -
FTSE Israel
2.53 12.1 1.7 11.1 1.9 15.2 423,841 4.1 -0.2 13.6 - -

5–94
August 2022 FTSE Russell

Italy - Overview WORLD/DEVELOPED

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Unicredit Banks 9.80 2.28 Tenaris Oil Gas and Coal 13.75 61.08
Atlantia Industrial Transportation 22.83 1.15 Atlantia Industrial Transportation 22.83 43.81
Tenaris Oil Gas and Coal 13.75 1.07 Leonardo Aerospace and Defense 8.17 18.38
Eni Oil Gas and Coal 11.81 0.79 Cnh Industrial Industrial Engineering 12.18 14.47
Generali Non-life Insurance 14.64 0.38 Eni Oil Gas and Coal 11.81 12.95

Hera Gas Water and Multi-utilities 2.50 -10.78 Interpump Group Industrial Engineering 35.34 -41.30
A2A Electricity 1.12 -10.87 Telecom Italia Telecommunications Service Prov. 0.21 -46.26
Exor NV Investment Banking & Brokerage 60.26 -11.85 Telecom Italia Rsp Telecommunications Service Prov. 0.20 -51.63
Interpump Group Industrial Engineering 35.34 -14.97 Nexi Industrial Support Services 8.20 -53.52
Amplifon Medical Equipment and Services 26.05 -19.12 De' Longhi Household Goods & Home Constr. 17.47 -54.39

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Unicredit Banks 9.80 6.30 0.13 Eni Oil Gas and Coal 11.81 9.00 0.88
Eni Oil Gas and Coal 11.81 9.00 0.07 Atlantia Industrial Transportation 22.83 3.56 0.87
Atlantia Industrial Transportation 22.83 3.56 0.04 Tenaris Oil Gas and Coal 13.75 1.98 0.62

Country Details
Generali Non-life Insurance 14.64 5.89 0.02 Cnh Industrial Industrial Engineering 12.18 3.71 0.58
Tenaris Oil Gas and Coal 13.75 1.98 0.02 Ferrari NV Automobiles and Parts 193.20 7.18 0.27

Exor NV Investment Banking & Brokerage 60.26 1.92 -0.25 Generali Non-life Insurance 14.64 5.89 -0.86
Moncler Personal Goods 44.64 2.97 -0.26 Nexi Industrial Support Services 8.20 1.92 -1.53
Stellantis NV Automobiles and Parts 13.35 8.35 -0.34 Stellantis NV Automobiles and Parts 13.35 8.35 -1.83
Ferrari NV Automobiles and Parts 193.20 7.18 -0.47 Intesa Sanpaolo Banks 1.72 8.83 -2.84
Enel Electricity 4.70 11.27 -0.49 Enel Electricity 4.70 11.27 -6.01

FTSE Italy Index Performance % FTSE Italy Index Volatility %

120 100
90
110 80
70
100 60
50
90 40

5–95
30
80 20
10
70 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–95
FTSE All-World Review August 2022

Italy - Industry/Sector/Style Summary WORLD/DEVELOPED

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % EUR (mn) Wgt % Stocks Cont1M%

0.68 27.7 5.4 21.2 3.0 21.4 Technology 68.29 -7.97 -34.08 68.75 -7.97 -33.63 2,654 0.82 1 -0.07
0.68 27.7 5.4 21.2 3.0 21.4 Software and Computer Services 68.29 -7.97 -34.08 68.75 -7.97 -33.63 2,654 0.82 1 -0.07
1.70 -1.2 0.4 1.9 0.5 -31.1 Telecommunications 9.85 -6.90 -39.09 -34.19 34.30 -6.90 -38.22 -33.25 6,657 2.06 3 -0.15
1.70 -1.2 0.4 1.9 0.5 -31.1 Telecommunications Service Prov. 669.52 -6.90 -39.09 -34.19 1392.40 -6.90 -38.22 -33.25 6,657 2.06 3 -0.15
1.60 20.7 5.9 15.5 4.3 30.9 Health Care 115.52 -10.00 -33.25 -33.60 209.13 -10.00 -32.56 -32.69 10,251 3.17 3 -0.34
0.91 22.6 5.8 14.6 3.9 28.7 Medical Equipment and Services 119.63 -12.47 -36.22 -37.31 197.49 -12.47 -35.68 -36.77 6,298 1.95 2 -0.27
2.70 18.3 6.1 17.0 5.3 34.5 Pharmaceuticals & Biotechnology 108.55 -5.76 -27.89 -26.67 204.19 -5.76 -26.91 -24.97 3,953 1.22 1 -0.07
5.37 7.6 0.6 8.4 0.6 8.5 Financials 39.37 -1.68 -25.07 -20.56 101.16 -1.68 -21.79 -13.97 92,225 28.50 9 -0.47
4.80 8.3 0.5 17.7 1.2 6.5 Banks 42.60 -0.75 -26.26 -21.86 140.97 -0.75 -22.93 -14.82 55,557 17.17 3 -0.12
4.79 6.2 0.8 -1.6 0.7 13.5 Investment Banking & Brokerage 927.37 -8.14 -23.21 -18.82 1953.21 -8.14 -22.53 -14.81 13,026 4.02 3 -0.34
5.07 5.4 0.9 2.5 0.3 16.3 Life Insurance 130.78 -2.18 -30.75 -30.41 429.18 -2.18 -27.48 -26.00 3,643 1.13 1 -0.02
7.37 7.3 1.0 1.4 0.2 13.6 Non-life Insurance 87.32 0.38 -20.96 -14.95 212.81 0.38 -15.91 -7.34 19,999 6.18 2 0.02
4.03 7.0 1.8 5.5 0.7 34.5 Consumer Discretionary 976.53 -5.78 -21.37 -13.56 1017.73 -5.78 -18.34 -10.23 62,944 19.45 5 -1.15
4.50 6.2 1.6 4.9 0.6 35.4 Automobiles and Parts 163.05 -5.31 -18.70 -11.34 338.43 -5.31 -15.16 -7.48 52,113 16.10 3 -0.87
4.75 7.9 1.7 5.3 0.8 23.5 Household Goods & Home Constr. 51.29 -5.57 -44.57 53.26 -5.57 -42.45 1,206 0.37 1 -0.02
1.34 27.8 4.8 13.9 5.9 20.9 Personal Goods 137.04 -8.28 -30.27 -17.64 296.89 -8.28 -29.27 -16.45 9,625 2.97 1 -0.26
0.61 36.7 4.7 23.6 5.1 13.8 Consumer Staples 221.83 -9.35 -23.70 -16.24 464.16 -9.35 -23.27 -15.76 4,876 1.51 1 -0.15
0.61 36.7 4.7 23.6 5.1 13.8 Beverages 129.77 -9.35 -23.70 -16.24 267.63 -9.35 -23.27 -15.76 4,876 1.51 1 -0.15
2.00 8.9 1.6 7.3 1.0 22.8 Industrials 19.39 -3.65 -14.04 -10.95 49.33 -3.65 -12.44 -9.29 45,325 14.00 7 -0.51
2.39 7.0 0.9 5.8 1.1 13.8 Construction and Materials 144.37 -6.01 -11.86 -25.60 272.77 -6.01 -9.82 -23.88 1,437 0.44 1 -0.03
1.71 6.7 0.7 6.3 0.3 12.0 Aerospace and Defense 13.21 -10.62 29.62 18.38 27.84 -10.62 31.52 20.12 3,264 1.01 1 -0.12
1.80 21.4 2.8 11.5 0.6 14.5 Electronic and Electrical Equipment 31.57 -1.10 -7.55 -3.95 77.85 -1.10 -5.86 -2.19 8,058 2.49 1 -0.03
2.01 9.4 2.3 6.6 1.1 28.1 Industrial Engineering 81.99 -5.04 -24.75 83.43 -5.04 -23.43 14,831 4.58 2 -0.23
0.00 33.8 0.9 +ve 3.6 4.6 Industrial Support Services 13.91 -7.36 -41.37 -53.52 34.32 -7.36 -41.37 -53.52 6,209 1.92 1 -0.15
3.24 5.1 2.3 4.6 2.6 51.1 Industrial Transportation 185.63 1.15 13.55 33.53 567.69 1.15 16.99 37.57 11,526 3.56 1 0.04
6.15 7.8 1.2 4.6 0.8 16.0 Energy 208.23 -0.14 -0.34 12.69 840.89 -0.14 3.18 19.86 46,084 14.24 3 -0.02
6.15 7.8 1.2 4.6 0.8 16.0 Oil Gas and Coal 174.17 -0.14 -0.34 12.69 759.66 -0.14 3.18 19.86 46,084 14.24 3 -0.02
7.10 10.1 1.7 5.2 0.7 17.5 Utilities 1018.71 -5.14 -28.07 -32.34 5140.71 -5.14 -23.76 -28.15 52,636 16.26 5 -0.85
7.26 10.9 1.7 5.4 0.7 16.4 Electricity 815.18 -4.74 -28.49 -33.27 4213.28 -4.74 -24.11 -29.04 48,158 14.88 3 -0.71
5.33 5.7 1.6 4.2 0.7 28.9 Gas Water and Multi-utilities 1352.56 -9.23 -23.31 -20.41 5972.38 -9.23 -19.86 -16.82 4,479 1.38 2 -0.14
4.72 9.9 1.1 6.1 0.7 9.2 FTSE Italy 127.02 -3.70 -21.45 -17.85 394.26 -3.70 -18.45 -13.46 323,653 100.00 37 -

5–96
August 2022 FTSE Russell

Italy - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% EUR (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Software and Computer Services
0.68 27.7 5.4 21.2 3.0 21.4 Dec 21 BZ1DZ96 100.0 0.82 Reply 117.80 EUR 37 60.2 2,654 0.0 -8.0 -34.1 -31.1 37 4.7
0.68 27.7 5.4 21.2 3.0 21.4 2,654 -8.0 -34.1 - - -
Telecommunications Service Prov.
3.48 30.0 2.0 40.8 11.3 6.5 Dec 21 BZ0P4R4 48.9 1.01 Inwit 9.26 EUR 960 36.6 3,255 100.0 -9.6 -13.3 -8.0 618 6.1
0.00 -0.6 0.3 1.0 0.3 -32.7 Dec 21 7634394 33.2 0.68 Telecom Italia 0.21 EUR 15,292 70.1 2,209 0.0 -4.7 -52.6 -46.3 102,679 22.4
0.00 -0.6 0.2 1.0 0.3 -32.7 Dec 21 7634402 17.9 0.37 Telecom Italia Rsp 0.20 EUR 6,028 100 1,192 0.0 -3.2 -52.7 -51.6 21,722 4.6
1.70 -1.2 0.4 1.9 0.5 -31.1 6,657 -6.9 -39.1 -34.2 - -
Medical Equipment and Services
1.00 25.6 6.3 12.6 3.0 26.4 Dec 21 B14NJ71 53.2 1.04 Amplifon 26.05 EUR 224 57.4 3,353 100.0 -19.1 -45.1 -41.2 566 16.3
0.80 19.9 5.2 17.9 5.8 31.0 Dec 21 B234WN9 46.8 0.91 DiaSorin 130.95 EUR 55 41.1 2,945 100.0 -3.4 -21.8 -32.2 104 14.1
0.91 22.6 5.8 14.6 3.9 28.7 6,298 -12.5 -36.2 -37.3 - -
Pharmaceuticals & Biotechnology
2.70 18.3 6.1 17.0 5.3 34.5 Dec 21 B07DRZ5 100.0 1.22 Recordati 40.74 EUR 206 47.1 3,953 100.0 -5.8 -27.9 -26.7 169 7.2
2.70 18.3 6.1 17.0 5.3 34.5 3,953 -5.8 -27.9 -26.7 - -
Banks
3.61 17.0 3.8 +ve 5.4 22.7 Dec 21 BNGN9Z1 11.9 2.04 Finecobank 10.82 EUR 610 100 6,597 100.0 -10.5 -29.9 -30.7 1,479 17.3
4.58 6.5 0.6 21.2 1.3 8.8 Dec 21 4076836 51.4 8.83 Intesa Sanpaolo 1.72 EUR 19,420 85.4 28,584 0.0 -0.3 -24.2 -28.1 108,482 192.1
5.49 10.5 0.4 11.5 0.9 3.7 Dec 21 BYMXPS7 36.7 6.30 Unicredit 9.80 EUR 2,146 96.8 20,376 0.0 2.3 -27.7 -7.3 12,968 124.8

Country Details
4.80 8.3 0.5 17.7 1.2 6.5 55,557 -0.7 -26.3 -21.9 - -
Investment Banking & Brokerage
9.09 6.3 1.6 5.0 0.7 26.5 Dec 21 BYWP840 11.8 0.47 Banca Mediolanum 6.38 EUR 734 32.7 1,533 25.0 -1.1 -26.5 -27.4 661 4.4
0.71 5.1 0.8 -0.7 0.4 18.1 Dec 21 BYSLCX9 47.7 1.92 Exor NV 60.26 EUR 231 44.7 6,214 0.0 -11.8 -23.7 -14.6 206 13.3
8.35 8.1 0.6 -31.4 2.3 8.1 Jun 21 4574813 40.5 1.63 Mediobanca 7.91 EUR 865 77.2 5,279 0.0 -5.4 -21.8 -20.8 1,838 15.2
4.79 6.2 0.8 -1.6 0.7 13.5 13,026 -8.1 -23.2 -18.8 - -
Life Insurance
5.07 5.4 0.9 2.5 0.3 16.3 Dec 21 BYYN701 100.0 1.13 Poste Italiane 7.99 EUR 1,301 35 3,643 0.0 -2.2 -30.7 -30.4 1,874 15.4
5.07 5.4 0.9 2.5 0.3 16.3 3,643 -2.2 -30.7 -30.4 - -
Non-life Insurance
7.31 7.3 1.0 1.3 0.2 13.8 Dec 21 4056719 95.3 5.89 Generali 14.64 EUR 1,580 82.3 19,057 0.0 0.4 -21.4 -15.2 3,007 45.0
8.57 9.1 0.9 3.1 0.4 10.4 Dec 21 B89YH96 4.7 0.29 UnipolSai 2.22 EUR 2,830 15 942 0.0 0.4 -10.6 -9.0 910 2.0
7.37 7.3 1.0 1.4 0.2 13.6 19,999 0.4 -21.0 -14.9 - -
Automobiles and Parts
0.70 44.9 21.5 37.0 11.1 53.0 Dec 21 BD6G507 44.6 7.18 Ferrari NV 193.20 EUR 183 65.7 23,239 100.0 -6.3 -15.1 5.2 250 51.4
4.26 8.7 0.8 4.7 0.7 9.2 Dec 21 BZ5ZHK3 3.5 0.57 Pirelli & C 3.78 EUR 1,000 48.8 1,848 75.0 -10.2 -38.1 -25.5 2,504 10.1
7.79 3.5 0.9 2.8 0.4 36.9 Dec 21 BMD8KX7 51.9 8.35 Stellantis NV 13.35 EUR 3,135 64.5 27,026 0.0 -4.1 -20.0 -21.1 11,356 162.2
4.50 6.2 1.6 4.9 0.6 35.4 52,113 -5.3 -18.7 -11.3 - -
Household Goods & Home Constr.
4.75 7.9 1.7 5.3 0.8 23.5 Dec 21 7169517 100.0 0.37 De' Longhi 17.47 EUR 150 46 1,206 0.0 -5.6 -44.6 -54.4 101 1.9
4.75 7.9 1.7 5.3 0.8 23.5 1,206 -5.6 -44.6 - - -
Personal Goods

5–97
1.34 27.8 4.8 13.9 5.9 20.9 Dec 21 BGLP232 100.0 2.97 Moncler 44.64 EUR 269 80.2 9,625 100.0 -8.3 -30.3 -17.6 515 24.7
1.34 27.8 4.8 13.9 5.9 20.9 9,625 -8.3 -30.3 -17.6 - -
Beverages
0.61 36.7 4.7 23.6 5.1 13.8 Dec 21 BMQ5W17 100.0 1.51 Campari 9.81 EUR 1,127 44.1 4,876 100.0 -9.4 -23.7 -16.2 1,506 15.3
0.61 36.7 4.7 23.6 5.1 13.8 4,876 -9.4 -23.7 -16.2 - -
Construction and Materials
2.39 7.0 0.9 5.8 1.1 13.8 Dec 21 5782206 100.0 0.44 Buzzi Unicem 16.73 EUR 185 46.4 1,437 100.0 -6.0 -11.9 -25.6 322 5.7
2.39 7.0 0.9 5.8 1.1 13.8 1,437 -6.0 -11.9 -25.6 - -
Aerospace and Defense
1.71 6.7 0.7 6.3 0.3 12.0 Dec 21 B0DJNG0 100.0 1.01 Leonardo 8.17 EUR 574 69.5 3,264 50.0 -10.6 29.6 18.4 2,358 21.0
1.71 6.7 0.7 6.3 0.3 12.0 3,264 -10.6 29.6 18.4 - -
Electronic and Electrical Equipment
1.80 21.4 2.8 11.5 0.6 14.5 Dec 21 B1W4V69 100.0 2.49 Prysmian 30.61 EUR 263 100 8,058 75.0 -1.1 -7.6 -4.0 649 20.6
1.80 21.4 2.8 11.5 0.6 14.5 8,058 -1.1 -7.6 -4.0 - -
Industrial Engineering
2.30 8.4 2.2 5.9 1.0 30.4 Dec 21 BDSV2V0 81.0 3.71 Cnh Industrial 12.18 EUR 1,355 72.8 12,014 50.0 -2.4 -6.1 14.5 2,139 26.6
0.79 18.4 2.8 14.6 2.3 16.5 Dec 21 5161407 19.0 0.87 Interpump Group 35.34 EUR 106 75.2 2,817 0.0 -15.0 -45.2 -41.3 162 6.3
2.01 9.4 2.3 6.6 1.1 28.1 14,831 -5.0 -24.7 - - -
Industrial Support Services
0.00 33.8 0.9 +ve 3.6 4.6 Dec 21 BJ1F880 100.0 1.92 Nexi 8.20 EUR 1,310 57.7 6,209 0.0 -7.4 -41.4 -53.5 1,999 17.5
0.00 33.8 0.9 +ve 3.6 4.6 6,209 -7.4 -41.4 -53.5 - -
Industrial Transportation
3.24 5.1 2.3 4.6 2.6 51.1 Dec 21 7667163 100.0 3.56 Atlantia 22.83 EUR 823 61.3 11,526 25.0 1.2 30.8 43.8 1,121 25.5

5–97
FTSE All-World Review August 2022

Italy - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% EUR (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Industrial Transportation
3.24 5.1 2.3 4.6 2.6 51.1 11,526 1.2 13.6 33.5 - -
Oil Gas and Coal
7.28 6.5 0.9 3.2 0.5 15.6 Dec 21 7145056 63.2 9.00 Eni 11.81 EUR 3,540 69.6 29,120 25.0 0.8 -3.4 13.0 12,569 148.9
5.53 9.7 2.1 11.6 4.7 23.3 Dec 21 7251470 22.9 3.26 Snam 4.74 EUR 3,269 68 10,543 0.0 -3.3 -10.6 -5.4 4,048 20.2
2.03 16.3 1.5 98.2 2.9 10.1 Dec 21 7538515 13.9 1.98 Tenaris 13.75 EUR 1,181 39.5 6,420 100.0 1.1 49.3 61.1 2,579 34.4
6.15 7.8 1.2 4.6 0.8 16.0 46,084 -0.1 -0.3 12.7 - -
Electricity
8.08 4.9 0.9 2.5 0.3 19.3 Dec 21 5499131 3.5 0.53 A2A 1.12 EUR 3,071 49.6 1,706 75.0 -10.9 -34.9 -39.8 6,404 7.9
8.09 10.5 1.6 4.7 0.6 15.7 Dec 21 7144569 75.7 11.27 Enel 4.70 EUR 10,162 76.4 36,460 25.0 -4.3 -33.4 -39.2 18,450 91.0
4.10 16.6 3.0 17.1 5.6 18.9 Dec 21 B01BN57 20.7 3.09 Terna 7.10 EUR 2,007 70.1 9,992 75.0 -5.1 -0.2 6.0 3,249 24.3
7.26 10.9 1.7 5.4 0.7 16.4 48,158 -4.7 -28.5 -33.3 - -
Gas Water and Multi-utilities
4.80 6.0 1.2 3.5 0.3 19.9 Dec 21 7598003 43.8 0.61 Hera 2.50 EUR 1,475 53.2 1,963 50.0 -10.8 -31.7 -31.7 2,227 6.0
5.74 5.4 2.2 5.0 2.0 42.3 Dec 21 BD2Z8S7 56.2 0.78 Italgas 5.14 EUR 810 60.4 2,515 50.0 -8.0 -15.2 -8.5 790 4.3
5.33 5.7 1.6 4.2 0.7 28.9 4,479 -9.2 -23.3 -20.4 - -
FTSE Italy
4.72 9.9 1.1 6.1 0.7 9.2 323,653 -3.7 -21.5 -17.9 - -

5–98
August 2022 FTSE Russell

Japan - Overview WORLD/DEVELOPED

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Descente Personal Goods 3,430 21.67 Inpex Corporation Oil Gas and Coal 1,604 111.61
Mitsubishi Motors Automobiles and Parts 559 21.52 JGC Corp Construction and Materials 1,884 103.90
Renova Electricity 3,045 21.46 Mitsubishi Motors Automobiles and Parts 559 98.93
Pan Pacific Internat Retailers 2,505 21.19 Hitachi Transport Sy Industrial Transportation 8,780 90.66
Hikari Tsushin Telecommunications Service Prov. 17,650 20.64 Cosmo Energy Holding Oil Gas and Coal 4,145 89.44

Morinaga Milk Indust Food Producers 4,265 -12.96 Food & Life Travel and Leisure 2,211 -53.26
Shimadzu Corp Electronic and Electrical Equipment 4,090 -13.26 Sansan Software and Computer Services 1,327 -54.79
Justsystems Software and Computer Services 3,535 -13.46 Peptidream Pharmaceuticals & Biotechnology 1,681 -56.68
Food & Life Travel and Leisure 2,211 -14.27 Rakus Software and Computer Services 1,679 -56.84
JSR Corp Chemicals 3,130 -14.60 Money Forward Software and Computer Services 3,515 -60.33

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Daiichi Sankyo Pharmaceuticals & Biotechnology 4,197 1.57 0.26 Daiichi Sankyo Pharmaceuticals & Biotechnology 4,197 1.57 0.59
Mitsubishi Corp General Industrials 4,564 1.09 0.15 Toyota Motor Automobiles and Parts 2,102 5.08 0.45
Honda Motor Co Automobiles and Parts 3,724 1.26 0.11 Mitsubishi UFJ Finan Banks 721 1.75 0.32

Country Details
Mitsui & Co Industrial Support Services 3,266 1.01 0.11 Tokio Marine Holding Non-life Insurance 7,792 0.98 0.31
Hoya Medical Equipment and Services 14,250 1.00 0.07 KDDI Corp Telecommunications Service Prov. 4,277 1.39 0.30

Mitsubishi UFJ Finan Banks 721 1.75 -0.06 M3 Health Care Providers 4,521 0.38 -0.24
Fujitsu Technology Hardware & Equip. 16,565 0.61 -0.07 Hoya Medical Equipment and Services 14,250 1.00 -0.25
Toyota Motor Automobiles and Parts 2,102 5.08 -0.09 Nidec Corp Technology Hardware & Equip. 9,324 0.85 -0.31
Recruit Holdings Industrial Support Services 4,483 1.23 -0.13 Keyence Corp Electronic and Electrical Equipment 52,840 2.05 -0.46
Sony Corp Leisure Goods 11,135 2.74 -0.14 Recruit Holdings Industrial Support Services 4,483 1.23 -0.56

FTSE Japan Index Performance % FTSE Japan Index Volatility %

130 60

120 50

110 40

100 30

5–99
90 20

80 10

70 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–99
FTSE All-World Review August 2022

Japan - Industry/Sector/Style Summary WORLD/DEVELOPED

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % JPY (mn) Wgt % Stocks Cont1M%
1.82 16.5 2.0 12.9 1.5 13.2 Technology 87.90 0.18 -17.97 -10.73 144.21 0.19 -17.20 -9.27 55,228,884 11.02 58 0.02
1.39 24.0 3.1 13.1 2.1 13.6 Software and Computer Services 104.82 -0.25 -15.02 -14.14 158.58 -0.22 -14.41 -13.07 13,332,050 2.66 29 -0.01
1.95 15.0 1.8 12.8 1.4 13.1 Technology Hardware & Equip. 76.05 0.32 -18.90 -9.80 128.34 0.32 -18.09 -8.22 41,896,834 8.36 29 0.03
2.87 30.5 1.6 4.8 1.4 5.2 Telecommunications 321.03 -0.34 11.64 7.22 534.01 -0.34 13.27 10.25 22,396,439 4.47 7 -0.02
2.44 16.4 1.9 12.9 1.4 12.2 Telecommunications Equipment 732.88 -0.56 -5.88 -14.74 757.51 -0.56 -4.64 -12.77 339,349 0.07 2 0.00
2.87 30.9 1.5 4.8 1.4 5.1 Telecommunications Service Prov. 180.58 -0.34 11.94 7.62 322.91 -0.34 13.58 10.67 22,057,089 4.40 5 -0.02
1.70 21.8 2.5 16.2 2.9 12.2 Health Care 291.03 1.75 0.75 -3.21 494.15 1.76 1.77 -1.50 47,429,506 9.46 36 0.16
0.35 46.4 11.9 58.9 14.7 28.9 Health Care Providers 347.25 -2.04 -21.96 -38.91 441.72 -2.04 -21.68 -38.69 1,902,857 0.38 1 -0.01
0.77 28.5 4.7 21.8 3.9 18.0 Medical Equipment and Services 614.27 3.20 -13.38 -10.61 786.89 3.20 -12.90 -9.90 15,030,745 3.00 12 0.09
2.25 18.9 2.0 13.8 2.4 10.9 Pharmaceuticals & Biotechnology 257.93 1.30 11.13 4.57 450.19 1.31 12.54 7.08 30,495,904 6.08 23 0.08
4.05 8.3 0.6 11.4 0.8 7.6 Financials 33.00 -0.38 7.97 11.82 56.96 -0.37 10.47 16.43 48,674,061 9.71 42 -0.04
4.27 8.5 0.5 12.2 1.5 5.6 Banks 21.31 -0.82 10.59 13.53 38.17 -0.82 13.00 18.44 25,385,422 5.06 21 -0.04
3.57 6.8 0.9 2.8 0.9 13.2 Finance and Credit Services 27.13 -0.90 -0.53 5.41 47.03 -0.85 1.53 9.22 4,230,849 0.84 8 -0.01
4.01 6.9 0.8 -2.4 1.6 13.0 Investment Banking & Brokerage 20.99 -0.44 -12.00 -13.95 36.44 -0.44 -10.09 -10.98 4,691,828 0.94 6 0.00
4.19 7.2 0.6 6.8 0.3 7.9 Life Insurance 36.47 2.20 5.62 9.58 60.25 2.20 9.50 14.14 5,655,428 1.13 4 0.02
3.56 10.6 1.9 4.9 0.7 19.6 Non-life Insurance 172.80 -0.43 21.08 33.01 320.60 -0.43 23.48 38.44 8,710,534 1.74 3 -0.01
2.68 19.3 1.4 11.1 2.3 7.3 Real Estate 1003.28 -0.73 4.42 0.27 1048.67 -0.34 6.68 3.30 20,355,348 4.06 34 -0.03
2.20 13.7 1.2 8.2 1.2 8.9 Real Estate Investment & Services 116.69 -2.18 12.87 7.01 164.44 -2.15 14.36 9.45 9,435,105 1.88 11 -0.04
3.09 29.9 1.6 16.0 12.8 5.5 Real Estate Investment Trusts 70.26 0.56 -2.06 -5.10 88.48 1.26 0.79 -1.61 10,920,243 2.18 23 0.01
2.89 13.1 1.3 9.8 0.9 10.8 Consumer Discretionary 180.54 0.96 -1.18 3.29 269.23 1.04 -0.00 5.37 117,315,170 23.41 98 0.23
4.55 9.8 0.9 7.1 0.7 10.2 Automobiles and Parts 418.28 2.71 1.62 7.42 727.09 2.71 2.93 10.20 50,665,774 10.11 25 0.27
2.59 25.7 2.5 13.6 1.7 9.8 Consumer Services 145.33 -6.14 -3.41 -8.25 220.53 -6.14 -2.36 -6.31 663,825 0.13 2 -0.01
3.21 10.7 1.1 12.5 0.6 10.9 Household Goods & Home Constr. 179.15 0.13 -8.74 -12.35 303.40 0.18 -6.73 -9.68 6,126,006 1.22 9 0.00
1.66 13.7 2.0 13.6 1.4 16.0 Leisure Goods 196.24 -2.26 -9.74 0.73 286.64 -2.26 -8.85 2.30 32,111,207 6.41 16 -0.15
1.17 43.8 3.7 17.2 2.0 8.8 Personal Goods 227.48 0.72 -10.07 -17.84 346.08 0.72 -9.57 -16.89 3,688,616 0.74 8 0.01
1.98 12.4 1.4 12.5 1.2 11.6 Media 150.53 -3.02 -0.71 3.47 232.43 -2.88 0.49 5.52 2,371,497 0.47 8 -0.01
1.44 24.2 2.1 11.3 0.9 8.8 Retailers 155.70 2.75 14.31 6.24 234.42 3.32 15.96 7.93 14,297,114 2.85 17 0.08
0.59 -ve 3.0 33.8 2.8 -1.0 Travel and Leisure 127.60 3.17 6.83 11.30 174.78 3.17 7.21 11.96 7,391,131 1.47 13 0.05
2.17 19.8 1.9 11.4 0.8 10.1 Consumer Staples 256.58 1.87 2.50 -2.01 413.07 1.94 3.82 0.21 28,935,178 5.77 48 0.11
2.35 17.2 1.5 8.3 1.0 9.4 Beverages 162.36 1.36 12.57 0.92 256.21 1.36 13.99 3.48 5,575,118 1.11 7 0.02
1.50 19.8 1.9 13.4 1.1 9.9 Food Producers 255.04 2.75 3.91 4.52 377.80 2.75 4.89 6.16 9,592,563 1.91 21 0.05
6.36 9.9 1.5 7.0 1.8 15.8 Tobacco 206.87 -1.15 1.61 10.67 419.14 -1.15 4.90 17.96 2,791,707 0.56 1 -0.01
1.60 29.1 2.4 14.4 0.6 8.5 Personal Care, Drug & Grocery St. 240.07 2.16 -2.82 -11.36 380.93 2.34 -1.80 -9.93 10,975,791 2.19 19 0.05
2.25 11.4 1.5 11.5 0.8 13.8 Industrials 343.35 2.29 -2.74 -0.48 542.51 2.30 -1.38 1.77 124,033,882 24.75 124 0.56
2.12 18.1 1.5 16.1 0.8 8.4 Construction and Materials 105.83 2.32 -1.45 -6.43 185.54 2.33 -0.25 -4.49 13,518,914 2.70 21 0.06
1.20 17.8 2.4 16.5 1.5 14.2 Electronic and Electrical Equipment 335.63 1.01 -13.84 -7.74 486.34 1.01 -13.27 -6.68 24,241,105 4.84 19 0.05
2.78 8.1 1.1 7.6 0.5 15.1 General Industrials 174.16 5.03 8.70 11.18 267.70 5.03 10.47 14.47 21,127,519 4.22 15 0.20
2.06 16.7 1.9 14.9 1.5 11.9 Industrial Engineering 319.47 0.78 -6.53 -2.66 497.31 0.84 -5.38 -0.68 22,349,562 4.46 22 0.04
2.44 8.5 1.3 10.8 0.7 16.7 Industrial Support Services 254.19 1.73 -8.64 -0.79 444.63 1.73 -7.47 1.48 20,750,214 4.14 15 0.07
3.01 9.3 1.2 9.7 1.0 13.9 Industrial Transportation 97.33 3.22 11.91 4.49 147.64 3.22 14.56 7.87 22,046,569 4.40 32 0.14
3.51 7.8 1.0 6.7 0.6 13.3 Basic Materials 117.29 1.08 -5.24 -6.95 198.11 1.08 -3.47 -3.92 25,571,034 5.10 43 0.05
2.37 6.7 0.7 3.7 0.4 10.7 Industrial Materials 43.72 -1.15 -7.60 -11.76 78.70 -1.15 -6.59 -9.89 596,469 0.12 2 0.00
6.01 4.1 0.6 4.4 0.3 16.8 Industrial Metals and Mining 78.05 6.05 8.04 -2.61 130.26 6.05 11.67 3.09 5,459,868 1.09 11 0.06
2.85 10.5 1.2 8.0 0.8 11.7 Chemicals 199.16 -0.16 -8.30 -7.92 329.27 -0.16 -6.95 -5.50 19,514,698 3.89 30 -0.01
3.67 4.2 0.7 5.9 0.2 17.7 Energy 84.59 4.68 37.38 52.96 182.58 4.75 40.70 60.01 4,328,101 0.86 4 0.04
3.67 4.2 0.7 5.9 0.2 17.7 Oil Gas and Coal 84.46 4.68 37.38 52.96 183.03 4.75 40.70 60.01 4,328,101 0.86 4 0.04
2.79 20.5 0.6 4.4 0.3 3.1 Utilities 26.68 -0.39 20.56 10.48 54.12 -0.39 22.48 13.90 6,971,626 1.39 13 -0.01
3.08 46.3 0.5 3.5 0.3 1.2 Electricity 20.31 -0.23 21.31 13.97 41.88 -0.23 23.36 17.94 4,385,875 0.88 9 0.00
2.30 10.5 0.9 8.1 0.6 8.8 Gas Water and Multi-utilities 62.48 -0.66 19.31 5.00 121.33 -0.66 21.01 7.60 2,585,752 0.52 4 0.00
2.60 12.8 1.3 10.2 0.9 10.7 FTSE Japan 133.30 1.08 -1.53 0.32 217.08 1.13 -0.14 2.72 501,239,230 100.00 507 -

5–100
August 2022 FTSE Russell

Japan - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% JPY (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Software and Computer Services
0.75 40.8 15.3 39.8 11.1 43.5 Feb 22 BYP20B9 4.2 0.11 Baycurrent Consultin 41,500 JPY 15 87.7 559,084 0.0 0.5 -6.7 -24.1 232 9,896.1
2.58 11.8 2.4 10.6 1.0 20.0 Mar 22 6642688 1.5 0.04 Biprogy 3,100 JPY 100 64 199,258 100.0 9.5 -3.7 3.9 368 1,133.3
0.80 16.7 5.3 6.3 1.0 37.7 Sep 21 6220501 4.3 0.11 CyberAgent 1,369 JPY 506 82.3 570,219 100.0 3.6 -28.5 -32.3 3,393 4,846.6
2.04 6.7 0.9 12.3 1.7 14.5 Mar 22 B05L364 1.3 0.03 DeNA 1,908 JPY 119 75.9 171,737 50.0 -2.8 7.7 -1.4 463 885.9
2.74 15.9 3.8 -11.7 1.2 28.1 Dec 21 6170167 1.1 0.03 GMO Internet 2,595 JPY 108 53 147,856 50.0 -0.2 -4.4 -9.5 426 1,137.9
1.38 33.2 4.5 17.5 2.6 14.3 Dec 21 6295974 0.8 0.02 Information Services 4,555 JPY 65 35.2 104,631 0.0 2.4 17.5 6.1 108 491.7
0.95 21.7 4.4 10.5 2.0 21.8 Mar 22 B05H328 2.1 0.06 Internet Initiative 5,070 JPY 90 60.2 276,015 0.0 -5.6 6.7 32.2 396 1,974.2
2.12 21.3 2.9 22.7 1.6 14.3 Mar 22 6200194 2.5 0.07 Itochu Techno Soluti 3,535 JPY 231 41.6 339,890 100.0 -0.4 -4.1 4.2 466 1,617.4
0.45 18.7 3.2 16.1 5.4 18.4 Mar 22 6079792 0.9 0.02 Justsystems 3,535 JPY 64 52.5 119,214 100.0 -13.5 -34.3 -45.6 283 1,078.8
1.54 33.2 11.0 33.0 10.2 33.7 Mar 22 6689533 2.5 0.07 Kakaku.com Inc. 2,589 JPY 205 62.9 333,227 100.0 -0.1 -15.7 -24.5 958 2,469.2
2.30 20.9 5.4 29.8 10.2 23.3 Mar 22 B60DR09 2.5 0.07 Koei Tecmo Holdings 4,695 JPY 157 46 339,931 100.0 1.4 3.8 -0.2 254 1,210.6
0.00 -ve 4.6 -80.9 12.0 -5.9 Nov 21 BD5ZWW6 1.2 0.03 Money Forward 3,515 JPY 54 82.4 155,138 0.0 3.2 -49.2 -60.3 1,159 4,276.3
2.33 22.6 3.7 -23.4 1.3 15.8 Mar 22 6036548 1.9 0.05 Net One 3,095 JPY 82 98 249,078 0.0 0.5 -0.2 -11.3 811 2,430.7
1.06 23.6 6.6 22.8 3.7 28.3 Mar 22 6390921 11.1 0.29 Nomura Research Inst 3,790 JPY 590 66 1,475,049 100.0 -4.9 -23.2 -8.3 1,225 4,910.8
1.73 17.4 1.8 10.8 1.3 10.6 Mar 22 6544687 0.9 0.02 NS Solutions 3,805 JPY 92 34.4 119,871 100.0 -2.6 7.3 2.0 122 464.2
0.96 10.8 2.2 8.9 1.1 21.9 Mar 22 6125639 9.3 0.25 NTT Data Corp. 1,974 JPY 1,402 44.8 1,240,478 100.0 -1.4 -19.9 -0.3 2,892 5,862.1
1.04 42.3 6.3 47.3 20.6 15.5 Mar 22 6136749 10.4 0.28 Obic 20,770 JPY 89 75 1,381,381 100.0 -1.8 -3.8 -0.9 132 2,831.2
1.38 31.7 2.8 23.7 10.9 9.0 Mar 22 6174620 1.1 0.03 Obic Business Consul 5,060 JPY 75 37.9 144,432 100.0 12.1 4.3 -1.9 142 688.9
1.98 20.9 8.5 20.2 5.0 29.6 May 22 6141680 2.0 0.05 Oracle Corp Japan 8,350 JPY 128 25.3 270,688 100.0 1.0 -4.5 -7.6 106 901.4

Country Details
2.54 21.5 2.9 14.8 1.0 13.9 Dec 21 6267058 3.5 0.09 Otsuka 4,530 JPY 190 53.8 462,858 75.0 9.6 -17.5 -20.5 584 2,750.9
0.11 +ve 35.3 -ve 14.7 13.1 Mar 22 BD87BM2 1.2 0.03 Rakus 1,679 JPY 181 52.2 158,987 0.0 -9.6 -45.8 -56.8 2,315 4,306.7
0.67 -21.4 1.0 1.8 0.6 -5.9 Dec 21 6229597 4.1 0.11 Rakuten 676 JPY 1,584 51.2 549,135 100.0 3.2 -41.4 -41.3 12,197 8,469.0
0.00 +ve 13.7 53.1 8.1 6.9 May 22p BJYJG18 0.8 0.02 Sansan 1,327 JPY 125 61.8 102,468 0.0 0.5 -47.1 -54.8 2,718 3,840.5
4.09 19.2 2.9 12.0 1.7 15.7 Mar 22 6858474 2.1 0.06 SCSK 2,280 JPY 312 40 285,385 100.0 -2.2 -0.4 -1.6 648 1,471.6
0.00 +ve 15.9 75.0 7.8 17.1 Aug 21 BRJQJX3 1.6 0.04 Shift 20,290 JPY 18 61.3 218,881 0.0 -1.9 -15.0 -19.3 297 6,328.9
2.28 22.1 5.0 18.1 1.9 24.5 Jun 22p BSM8SQ9 2.5 0.07 TechnoPro Holdings 3,160 JPY 108 99.4 338,644 100.0 2.8 -9.5 7.1 249 808.5
1.10 25.2 3.4 17.8 2.1 14.0 Mar 22 B2Q4CR0 7.0 0.19 TIS 3,990 JPY 250 94 936,497 100.0 6.3 16.5 28.3 671 2,639.3
2.26 31.3 5.4 21.7 6.3 18.8 Dec 21 6125286 7.5 0.20 Trend Micro 8,620 JPY 139 83.3 1,001,775 100.0 11.8 34.9 43.0 787 6,686.3
1.34 22.1 1.2 11.7 2.0 5.2 Mar 22 6084848 8.1 0.22 Z Holdings 415 JPY 7,493 34.7 1,080,245 100.0 -11.5 -37.8 -42.1 23,445 10,393.6
1.39 24.0 3.1 13.1 2.1 13.6 13,332,050 -0.2 -15.0 -14.1 - -
Technology Hardware & Equip.
1.50 16.8 5.2 19.3 3.6 31.4 Mar 22 6870490 3.6 0.30 Advantest Corp 8,000 JPY 190 100 1,519,259 100.0 1.9 -26.6 -16.0 1,915 15,944.6
1.60 11.3 0.7 7.5 0.3 6.2 Mar 22 6021500 0.6 0.05 Alps Alpine 1,253 JPY 207 96.4 250,327 75.0 -9.0 15.5 8.6 2,639 3,268.2
2.39 9.7 1.2 9.6 1.0 13.7 Mar 22 6146500 1.5 0.13 Brother Industries 2,676 JPY 259 90.6 626,984 25.0 8.0 21.0 18.5 524 1,368.2
3.45 12.5 1.2 7.7 1.0 10.3 Dec 21 6172323 7.9 0.66 Canon 3,335 JPY 1,046 95 3,315,348 0.0 6.2 19.1 27.7 3,787 12,745.7
2.76 14.0 1.1 12.5 0.7 8.2 Dec 21 6172453 0.3 0.03 Canon Marketing Japa 3,165 JPY 130 34.8 142,909 0.0 1.6 38.1 25.9 135 429.3
1.55 13.5 1.1 8.8 1.1 9.0 Mar 22 6356525 6.0 0.50 FUJIFILM Holdings 7,111 JPY 401 88.2 2,515,357 25.0 -5.9 -16.6 -21.6 1,165 8,626.2
1.33 14.7 2.0 13.1 0.9 14.5 Mar 22 6356945 7.3 0.61 Fujitsu 16,565 JPY 197 94.3 3,070,012 25.0 -10.5 -16.0 -18.4 727 12,407.9
2.22 21.8 2.1 15.8 4.3 9.6 Mar 22 6428725 1.5 0.13 Hirose Electric 19,850 JPY 35 91.9 645,489 50.0 4.3 2.6 8.3 109 2,159.2
0.89 15.2 1.7 5.8 1.6 12.1 Mar 22 6456102 1.1 0.10 Ibiden 4,480 JPY 140 77 481,592 0.0 15.0 -34.5 -24.6 1,331 5,867.8
1.50 14.9 1.3 8.7 0.9 9.6 Mar 22 6470351 0.2 0.02 Japan Aviation Elect 2,340 JPY 91 49 104,396 0.0 3.4 17.5 45.3 222 519.4
6.21 -37.7 0.4 6.4 0.3 -1.2 Mar 22 6496700 0.5 0.04 Konica Minolta 483 JPY 494 91 216,954 0.0 2.8 -7.8 -13.6 3,612 1,739.3

5–101
2.31 16.2 1.0 13.8 1.5 6.3 Mar 22 6499260 5.6 0.47 Kyocera Corp 7,778 JPY 359 84.7 2,364,427 50.0 5.6 8.2 13.6 1,006 7,678.3
0.50 70.4 24.1 -ve 19.4 38.8 Jun 22p 6506267 3.5 0.29 Lasertec 19,405 JPY 90 84 1,469,964 0.0 0.4 -45.0 -19.4 7,170 146,126.4
0.87 27.1 5.2 17.6 2.3 21.7 Jan 22 6597432 0.5 0.04 Mitsui High-Tec 8,720 JPY 37 62 197,617 0.0 -1.5 -22.6 37.8 342 3,048.8
1.72 14.8 2.1 11.5 2.7 15.6 Mar 22 6610403 10.3 0.86 Murata Manufacturing 7,554 JPY 640 88.9 4,299,211 100.0 -2.5 -17.5 -17.2 1,796 13,900.5
1.96 6.2 0.9 9.4 0.5 15.9 Mar 22 6640400 3.2 0.27 NEC 5,100 JPY 273 96.1 1,335,889 25.0 4.2 -4.0 -11.8 1,201 5,947.6
0.70 35.7 4.2 57.0 2.8 12.7 Mar 22 6640682 10.2 0.85 Nidec Corp 9,324 JPY 580 79 4,274,183 100.0 1.4 -31.0 -26.1 2,086 19,892.4
1.24 21.6 2.2 21.8 1.9 10.7 Mar 22 6659428 3.2 0.27 Omron Corp 7,390 JPY 199 92 1,354,261 75.0 -0.1 -35.5 -28.8 697 5,298.3
0.00 12.6 2.2 8.6 2.6 23.0 Dec 21 6635677 3.2 0.26 Renesas Electronics 1,324 JPY 1,948 51.3 1,324,802 100.0 4.3 -7.0 11.4 8,027 10,579.3
2.37 13.5 0.8 8.5 0.4 5.7 Mar 22 6738220 1.6 0.13 Ricoh 1,097 JPY 637 93.6 654,207 0.0 2.9 2.4 -2.1 2,252 2,457.9
1.76 15.4 1.2 11.2 2.3 8.3 Mar 22 6747204 2.1 0.17 Rohm 10,520 JPY 98 83.5 862,481 50.0 7.2 0.5 -0.9 592 6,100.0
3.12 9.6 1.8 5.3 1.1 19.9 Mar 22 6251028 0.9 0.07 SCREEN Holdings 9,380 JPY 47 83.4 364,595 75.0 -1.8 -24.2 -0.6 522 5,073.0
2.82 7.5 1.1 6.9 0.7 16.6 Mar 22 6616508 1.4 0.12 Seiko Epson 2,196 JPY 346 78 593,069 0.0 10.5 6.0 7.1 1,420 3,049.1
3.99 8.3 1.3 8.2 0.2 18.4 Mar 22 6800602 0.5 0.04 Sharp 1,003 JPY 611 32.1 196,790 100.0 -5.9 -24.1 -31.0 2,634 2,702.5
1.15 10.1 2.6 7.9 2.0 29.6 Mar 22 6804927 0.6 0.05 Shinko Elec Ind 3,930 JPY 135 48.5 257,594 0.0 15.8 -28.4 6.1 2,075 7,800.4
3.14 16.3 1.4 6.4 2.0 10.4 Dec 21 B0M0C89 1.5 0.13 Sumco 1,910 JPY 350 95.5 639,380 50.0 3.4 -18.7 -17.8 4,105 7,887.5
1.84 10.0 1.8 8.1 1.6 20.0 Mar 22 6870564 1.3 0.11 Taiyo Yuden 4,350 JPY 125 98.2 532,644 100.0 -7.2 -34.3 -30.3 1,378 6,183.5
1.59 12.8 1.4 10.4 1.0 12.7 Mar 22 6869302 4.2 0.35 TDK Corp 4,915 JPY 379 94.7 1,764,592 75.0 18.1 9.5 27.4 2,316 11,268.1
3.18 15.7 5.1 24.3 3.4 36.9 Mar 22 6895675 15.6 1.30 Tokyo Electron 44,160 JPY 156 94.8 6,522,502 75.0 -4.0 -33.4 -6.5 1,406 64,597.3
1.95 15.0 1.8 12.8 1.4 13.1 41,896,834 0.3 -18.9 -9.8 - -
Telecommunications Equipment
2.42 16.0 1.9 13.9 2.1 12.5 Mar 22 6044109 65.6 0.04 Anritsu 1,650 JPY 135 99.9 222,460 50.0 1.7 -7.1 -13.6 768 1,262.4
2.47 17.3 1.9 11.5 0.8 11.6 Mar 22 6619422 34.4 0.02 NEC Networks & Syste 1,744 JPY 149 45 116,890 0.0 -4.6 -3.4 -16.9 343 603.7
2.44 16.4 1.9 12.9 1.4 12.2 339,349 -0.6 -5.9 -14.7 - -
Telecommunications Service Prov.
2.85 8.6 1.7 15.5 1.4 21.4 Mar 22 6416322 1.7 0.08 Hikari Tsushin 17,650 JPY 45 48.2 382,109 100.0 20.6 -0.3 -8.4 135 2,250.7

5–101
FTSE All-World Review August 2022

Japan - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% JPY (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Telecommunications Service Prov.
2.92 10.7 1.9 6.5 1.7 18.2 Mar 22 6248990 31.7 1.39 KDDI Corp 4,277 JPY 2,215 73.7 6,988,011 50.0 -0.3 27.2 26.9 3,877 16,318.4
3.05 8.2 1.6 4.4 1.1 20.5 Mar 22 6641373 20.2 0.89 Nippon Telegraph and 3,769 JPY 3,542 33.3 4,449,229 0.0 -1.0 19.7 28.4 4,915 18,468.0
5.62 9.8 4.3 5.9 1.3 46.3 Mar 22 BF5M0K5 18.9 0.83 SoftBank 1,530 JPY 4,705 58 4,178,981 100.0 -0.6 5.2 3.8 8,214 12,495.1
0.79 -6.4 0.9 3.4 1.5 -14.3 Mar 22 6770620 27.5 1.21 SoftBank Group 5,562 JPY 1,647 66.1 6,058,759 100.0 -0.8 2.4 -10.0 16,157 90,703.0
2.87 30.9 1.5 4.8 1.4 5.1 22,057,089 -0.3 11.9 7.6 - -
Health Care Providers
0.35 46.4 11.9 58.9 14.7 28.9 Mar 22 B02K2M3 100.0 0.38 M3 4,521 JPY 679 62 1,902,857 100.0 -2.0 -22.0 -38.9 3,949 18,671.7
0.35 46.4 11.9 58.9 14.7 28.9 1,902,857 -2.0 -22.0 -38.9 - -
Medical Equipment and Services
1.51 33.4 3.6 27.2 2.8 11.2 Mar 22 6480929 1.0 0.03 As One 6,430 JPY 37 65.5 157,594 0.0 2.2 -16.6 -21.3 62 404.4
0.48 62.7 5.7 39.3 8.8 10.2 Jun 22p B019MQ5 3.2 0.10 Asahi Intecc 2,505 JPY 272 71.7 488,478 100.0 2.3 1.4 -24.8 1,126 2,834.6
4.41 5.4 1.2 2.9 0.6 23.2 Mar 22 6356611 1.0 0.03 H.U. Group Holdings 2,835 JPY 57 91 146,734 0.0 -11.0 -2.9 -12.8 352 1,079.6
0.77 30.5 6.5 27.4 7.9 22.8 Mar 22 6441506 33.4 1.00 Hoya 14,250 JPY 365 96.6 5,027,170 100.0 7.4 -16.7 -19.9 1,053 15,189.8
1.71 40.3 4.4 27.1 10.1 11.3 Aug 21 6354176 0.7 0.02 Mani 1,756 JPY 98 62 107,159 100.0 12.0 10.1 -19.3 352 603.9
0.59 39.4 3.8 20.1 2.6 10.1 Mar 22 BYL7K85 1.1 0.03 Menicon 3,375 JPY 76 66 168,744 0.0 1.0 -0.7 -25.2 250 850.8
1.22 11.5 1.7 10.5 1.3 15.9 Mar 22 6639970 1.6 0.05 Nihon Kohden 3,195 JPY 84 87 234,663 100.0 7.6 2.2 -12.7 224 690.7
2.38 13.8 1.0 2.7 0.4 7.8 Mar 22 6641599 0.9 0.03 Nipro 1,136 JPY 163 71 131,547 25.0 -2.5 4.3 -11.3 341 386.4
0.47 29.0 7.5 22.6 4.4 29.2 Mar 22 6658801 25.1 0.75 Olympus 3,010 JPY 1,273 98.3 3,769,857 100.0 6.8 13.6 30.2 4,749 13,917.5
1.57 20.3 2.1 19.9 0.5 10.6 Mar 22 B05MTR0 1.4 0.04 Ship Healthcare Hold 2,618 JPY 94 82.4 203,671 0.0 3.2 -2.3 -6.4 214 549.0
0.88 33.9 5.2 30.6 4.9 16.2 Mar 22 6883807 10.8 0.33 Sysmex 8,603 JPY 209 90.5 1,630,196 100.0 -7.6 -44.7 -31.3 578 5,012.5
0.75 30.1 3.4 24.1 4.8 12.1 Mar 22 6885074 19.7 0.59 Terumo Corp 4,506 JPY 756 87 2,964,933 100.0 -0.6 -7.3 -2.0 1,773 8,023.3
0.77 28.5 4.7 21.8 3.9 18.0 15,030,745 3.2 -13.4 -10.6 - -
Pharmaceuticals & Biotechnology
3.24 10.5 0.7 9.2 0.1 6.7 Mar 22 6687214 0.9 0.06 Alfresa Holdings 1,669 JPY 202 82 277,048 25.0 -5.8 8.9 -4.1 756 1,262.9
2.52 22.1 2.5 14.0 2.8 11.5 Mar 22 6985383 11.9 0.72 Astellas Pharmaceuti 1,985 JPY 1,827 100 3,625,828 68.2 -4.9 6.1 6.9 4,287 8,639.6
2.33 19.3 5.0 21.3 5.9 28.3 Dec 21 6196408 7.7 0.47 Chugai Seiyaku 3,609 JPY 1,645 39.5 2,344,417 100.0 -3.3 -3.4 -16.2 1,921 7,205.2
0.64 87.4 6.0 57.8 7.7 7.0 Mar 22 B0J7D91 25.8 1.57 Daiichi Sankyo 4,197 JPY 1,917 97.9 7,880,640 25.0 19.1 43.5 60.5 4,708 18,289.0
2.81 25.3 2.2 13.9 2.2 8.9 Mar 22 6307200 4.9 0.30 Eisai 5,697 JPY 287 92 1,504,074 100.0 -6.3 -12.8 -37.3 884 5,227.0
2.48 28.0 1.1 14.1 2.2 3.8 Feb 22 6428907 0.8 0.05 Hisamitsu Pharmaceut 3,390 JPY 80 86.1 232,933 50.0 -2.0 -14.7 -23.1 146 499.2
0.92 18.6 5.3 29.0 5.3 32.5 Mar 22 6467591 0.4 0.02 JCR Pharmaceuticals 2,176 JPY 124 45 121,180 0.0 -11.7 -2.1 -24.9 385 892.3
3.88 15.3 1.1 11.0 1.9 7.0 Mar 22 6481643 0.4 0.02 Kaken Pharmaceutical 3,870 JPY 38 85.4 125,019 25.0 -0.3 -8.1 -22.1 65 247.3
1.06 31.1 3.1 27.3 3.9 10.4 Dec 21 6149457 1.6 0.10 Kobayashi Pharmaceut 7,930 JPY 77 78 478,006 100.0 -10.4 -12.3 -7.9 218 1,824.5
1.50 27.8 2.3 19.5 4.8 8.4 Dec 21 6499550 2.6 0.16 Kyowa Kirin 3,135 JPY 537 46.2 778,674 100.0 0.2 0.0 -12.8 843 2,626.9
1.44 19.7 2.9 24.2 3.7 15.2 Mar 22 6640563 1.3 0.08 Nippon Shinyaku 7,650 JPY 67 76 391,591 100.0 -6.9 -4.5 -14.3 172 1,336.8
1.68 18.4 2.5 26.3 4.5 13.7 Mar 22 6660107 4.6 0.28 Ono Pharmaceutical 3,328 JPY 488 85.6 1,391,953 100.0 -11.0 16.5 25.9 1,704 5,760.3
2.19 16.2 1.2 10.8 1.7 7.9 Dec 21 B5LTM93 6.3 0.38 Otsuka Holdings 4,561 JPY 543 77.1 1,910,416 50.0 -4.1 9.4 -2.6 918 4,258.2
0.00 60.0 8.7 32.8 23.3 15.7 Dec 21 B97SH97 0.5 0.03 Peptidream 1,681 JPY 130 69 150,586 100.0 1.6 -33.9 -56.7 950 1,570.7
0.86 22.8 2.7 17.6 2.4 12.6 Mar 22 6747367 1.3 0.08 Rohto Pharmaceutical 4,205 JPY 114 84.8 406,995 100.0 5.7 21.0 21.5 337 1,403.6
3.18 10.5 1.2 8.7 1.5 11.9 Mar 22 6776606 1.2 0.07 Santen Pharm 1,006 JPY 400 89 358,379 100.0 -6.6 -28.5 -38.7 1,341 1,387.0
3.16 -8.4 0.9 5.3 0.9 -10.5 Mar 22 BMC9NN2 0.5 0.03 Sawai Group Holdings 4,115 JPY 44 88 158,576 100.0 -4.5 -6.4 -17.3 172 728.0
1.69 17.2 2.1 20.1 6.1 13.1 Mar 22 6804682 6.1 0.37 Shionogi 6,804 JPY 302 90 1,846,368 100.0 0.0 -16.3 -2.1 1,289 8,853.6
2.69 5.0 0.7 13.2 0.7 14.0 Mar 22 6250865 0.6 0.03 Sumitomo Pharma 1,039 JPY 397 41.7 172,256 100.0 0.0 -21.6 -47.3 1,245 1,352.7
1.93 32.4 0.6 14.9 1.6 1.8 Mar 22 B3QX5G4 0.8 0.05 Taisho Pharmaceutica 5,190 JPY 82 54.5 232,257 50.0 -1.9 -1.9 -19.2 111 581.7
1.69 11.9 2.5 33.7 3.5 23.3 Mar 22 B03ML21 0.3 0.02 Takara Bio 1,956 JPY 120 38 89,503 100.0 -8.9 -26.0 -38.6 253 515.4
4.68 8.8 1.0 5.9 1.7 12.5 Mar 22 6870445 19.1 1.16 Takeda Pharm 3,850 JPY 1,544 97.7 5,810,247 100.0 -1.9 22.7 4.6 4,524 17,187.4
2.00 13.0 1.0 11.5 1.9 8.2 Mar 22 6906919 0.7 0.04 Tsumura & Co 3,195 JPY 77 85.4 208,958 50.0 2.6 -2.4 -15.6 117 370.6
2.25 18.9 2.0 13.8 2.4 10.9 30,495,904 1.3 11.1 4.6 - -
Banks
5.75 9.0 0.6 -1.5 2.4 7.1 Mar 22 B1G1854 1.2 0.06 Aozora Bank 2,689 JPY 117 100 314,001 0.0 -3.1 6.8 4.2 625 1,685.9
1.75 19.8 0.4 88.3 3.2 1.8 Mar 22 6075756 1.5 0.08 Bank of Kyoto 5,440 JPY 75 95.4 390,476 0.0 -3.5 2.1 11.8 126 694.9
3.19 10.2 0.5 5.9 2.4 5.2 Mar 22 6190563 1.8 0.09 Chiba Bank 752 JPY 737 82 454,560 0.0 2.3 14.1 9.5 2,320 1,725.0
3.00 9.4 0.3 3.1 1.3 3.3 Mar 22 6195803 0.6 0.03 Chugoku Bank 934 JPY 186 90 156,143 0.0 -3.2 3.7 5.3 208 199.3
4.07 9.8 0.5 6.8 1.9 4.7 Mar 22 BD97JW7 1.9 0.10 Concordia Financial 442 JPY 1,200 92 488,220 0.0 -2.0 5.7 3.5 2,662 1,177.5
3.82 8.7 0.5 5.0 1.7 5.7 Mar 22 B1TK1Y8 1.6 0.08 Fukuoka Financial Gr 2,486 JPY 190 85.1 402,162 0.0 5.8 26.1 22.3 513 1,238.2
3.35 8.8 0.3 10.0 1.6 2.9 Mar 22 6400626 0.8 0.04 Hachijuni Bank 478 JPY 490 90.8 212,624 0.0 -3.2 21.6 26.1 869 419.6
3.92 8.3 0.4 12.7 1.3 4.5 Mar 22 BJK6DZ6 0.7 0.04 Hirogin Holdings 613 JPY 311 94 178,964 0.0 0.0 -11.0 -3.2 543 333.6
2.47 7.8 0.3 44.5 1.5 3.6 Mar 22 6468282 0.7 0.04 Iyo Bank 648 JPY 317 86 176,553 0.0 0.8 12.5 10.0 528 347.0
4.93 10.7 0.4 -2.6 2.1 3.3 Mar 22 BYT8165 1.6 0.08 Japan Post Bank 1,014 JPY 3,749 10.8 413,198 0.0 -4.6 -3.9 5.3 2,159 2,200.5
3.15 9.9 0.2 1.2 0.9 2.5 Mar 22 BYZ5XN1 0.6 0.03 Kyushu Financial Gro 381 JPY 433 85 140,102 0.0 -2.8 -8.9 -10.8 707 276.9
4.12 6.7 0.3 -48.7 1.1 4.4 Mar 22 BH0VTS2 1.1 0.05 Mebuki Financial Gro 267 JPY 1,080 93.4 269,553 0.0 -0.4 12.7 8.5 2,578 681.9
3.88 8.0 0.5 -ve 1.7 6.7 Mar 22 6335171 34.6 1.75 Mitsubishi UFJ Finan 721 JPY 12,615 96.4 8,772,622 0.0 -3.3 15.4 21.3 44,754 32,405.7
5.02 7.6 0.4 1.7 1.3 5.8 Mar 22 6591014 15.9 0.81 Mizuho Financial Grp 1,594 JPY 2,535 100 4,038,921 0.0 0.6 8.9 3.3 6,389 10,083.3
4.10 11.2 0.5 8.4 1.5 4.6 Mar 22 6421553 4.3 0.22 Resona Holdings 512 JPY 2,396 89.8 1,102,785 0.0 -0.6 14.5 20.3 7,852 4,019.1
4.17 14.9 1.3 8.5 2.3 8.8 Mar 22 B2NT8S1 0.7 0.03 Seven Bank 264 JPY 1,175 55 170,657 100.0 0.0 10.9 5.2 2,979 778.0
0.61 17.0 0.4 -6.4 1.1 2.6 Mar 22 6730936 0.5 0.02 Shinsei Bank 1,960 JPY 205 29.7 119,627 0.0 -2.4 4.6 43.6 471 924.9
3.23 10.7 0.4 11.4 1.9 3.9 Mar 22 6805328 1.6 0.08 Shizuoka Bank 806 JPY 564 87 395,592 0.0 0.4 -1.9 -6.5 1,454 1,181.9
5.01 8.1 0.5 -16.6 1.4 5.9 Mar 22 6563024 21.4 1.09 Sumitomo Mitsui Fina 4,194 JPY 1,371 94.6 5,439,311 0.0 2.1 6.4 10.3 5,274 21,865.6
3.92 9.6 0.6 -28.4 1.3 6.2 Mar 22 6431897 6.2 0.32 Sumitomo Mitsui Trus 4,336 JPY 375 97.4 1,582,296 0.0 -0.6 12.8 20.5 834 3,592.2
3.66 -14.4 0.3 -10.1 1.3 -1.9 Mar 22 B1DGKS9 0.7 0.03 Yamaguchi Financial 764 JPY 237 92 167,055 0.0 1.7 13.5 19.0 566 430.3

5–102
August 2022 FTSE Russell

Japan - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% JPY (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Banks
4.27 8.5 0.5 12.2 1.5 5.6 25,385,422 -0.8 10.6 13.5 - -
Finance and Credit Services
2.11 9.3 1.0 11.3 2.0 10.9 Mar 22 6049784 3.0 0.03 Acom 332 JPY 1,567 24.1 125,816 100.0 0.0 0.3 -21.9 1,556 530.0
3.41 10.3 0.7 -2.9 0.7 7.3 Feb 22 6037734 3.9 0.03 AEON Financial Servi 1,435 JPY 216 53.3 165,206 50.0 -1.0 15.7 11.0 498 710.3
3.46 2.9 0.7 2.8 0.4 26.2 Mar 22 B03P2F0 3.7 0.03 Fuyo General Lease 8,240 JPY 30 63 155,314 50.0 1.0 3.4 8.4 58 471.1
4.14 9.2 0.7 1.9 0.5 10.0 Mar 22 6268976 10.2 0.09 Mitsubishi HC Capita 676 JPY 1,436 44.3 430,240 25.0 5.1 18.8 14.8 3,463 2,267.9
2.46 11.6 1.0 2.6 0.9 8.0 Mar 22 6661122 1.6 0.01 Orient Corp 122 JPY 1,716 33 69,104 100.0 -9.6 -2.4 -18.7 2,049 260.1
3.73 8.0 0.8 2.5 1.1 10.9 Mar 22 6661144 64.9 0.55 Orix Corporation 2,296 JPY 1,195 100 2,744,554 0.0 -2.7 -2.2 11.9 3,912 8,870.8
2.86 2.6 0.9 2.7 0.5 37.5 Mar 22 6679794 7.3 0.06 Tokyo Century 5,000 JPY 122 50.6 309,215 50.0 7.0 -10.4 -20.5 153 758.4
2.88 11.3 1.7 10.8 6.5 16.0 Mar 22 B92MT10 5.5 0.05 Zenkoku Hosho 4,615 JPY 69 72.9 231,401 100.0 2.2 -7.9 -11.9 170 759.3
3.57 6.8 0.9 2.8 0.9 13.2 4,230,849 -0.9 -0.5 5.4 - -
Investment Banking & Brokerage
5.42 9.5 0.7 -2.6 1.4 7.0 Mar 22 6251448 18.9 0.18 Daiwa Securities Gro 609 JPY 1,483 98.2 887,145 25.0 -0.7 -6.2 -2.2 5,611 3,390.6
2.73 17.8 3.5 18.9 8.1 19.4 Mar 22 6743882 23.4 0.22 Japan Exchange Group 2,085 JPY 528 100 1,099,659 75.0 -1.1 -16.7 -19.9 868 1,863.2
5.04 15.0 2.6 4.0 6.2 17.2 Mar 22 6373892 1.7 0.02 Matsui Securities Co 794 JPY 257 39.6 80,938 25.0 -1.1 0.4 -1.1 557 445.6
0.86 50.5 11.4 52.1 14.3 23.8 Mar 22 B1DN466 9.7 0.09 Nihon M&A Center 1,749 JPY 331 78.9 456,322 100.0 -0.9 -38.0 -46.8 2,659 4,849.3
4.37 10.6 0.5 -1.1 1.0 5.1 Mar 22 6643108 32.1 0.30 Nomura Holdings 504 JPY 3,018 99.2 1,508,250 25.0 -0.7 0.4 -5.6 8,128 4,089.2
5.46 1.8 0.7 -2.1 1.2 51.1 Mar 22 6309466 14.1 0.13 SBI Holdings 2,746 JPY 245 97.9 659,515 50.0 2.2 -12.4 2.8 2,200 5,981.1
4.01 6.9 0.8 -2.4 1.6 13.0 4,691,828 -0.4 -12.0 -14.0 - -

Country Details
Life Insurance
3.45 6.0 1.2 -5.3 0.3 21.8 Mar 22 B601QS4 41.7 0.47 Dai-ichi Life Holdin 2,407 JPY 1,025 95.5 2,355,504 0.0 4.5 3.5 10.9 3,179 7,415.5
5.20 7.0 0.3 0.7 0.3 4.7 Mar 22 BYT8143 37.3 0.42 Japan Post Holdings 961 JPY 3,657 60 2,110,105 0.0 0.5 7.2 1.8 8,563 8,183.5
4.22 5.4 0.6 -0.3 0.1 9.4 Mar 22 BYT8154 7.4 0.08 Japan Post Insurance 2,132 JPY 400 49.1 419,059 0.0 -0.7 15.2 6.9 825 1,752.8
3.68 59.9 1.0 -2.1 0.3 1.5 Mar 22 6744294 13.6 0.15 T&D Holdings 1,521 JPY 558 90.7 770,760 0.0 1.5 3.3 13.9 2,279 3,372.2
4.19 7.2 0.6 6.8 0.3 7.9 5,655,428 2.2 5.6 9.6 - -
Non-life Insurance
4.33 8.7 1.3 9.6 0.5 16.7 Mar 22 B2Q4CS1 22.0 0.38 MS&AD Insurance Grou 4,161 JPY 547 84.1 1,916,199 0.0 -3.6 17.2 17.0 1,399 5,803.8
3.52 9.1 1.7 3.4 0.5 20.3 Mar 22 B62G7K6 21.8 0.38 Sompo Holdings 5,973 JPY 343 92.6 1,895,531 25.0 0.9 22.9 23.7 869 5,073.7
3.27 12.5 2.4 4.8 0.9 21.3 Mar 22 6513126 56.2 0.98 Tokio Marine Holding 7,792 JPY 676 93 4,898,803 25.0 0.4 21.9 44.9 2,036 15,517.0
3.56 10.6 1.9 4.9 0.7 19.6 8,710,534 -0.4 21.1 33.0 - -
Real Estate Investment & Services
3.00 19.6 0.9 6.2 1.2 4.9 Feb 22 6534202 2.1 0.04 Aeon Mall 1,664 JPY 228 52 196,890 75.0 -1.8 1.4 -0.8 334 564.5
3.72 13.5 2.6 8.3 0.6 20.9 Mar 22 6250508 9.4 0.18 Daito Trust Constr 13,740 JPY 68 94.4 884,840 50.0 9.1 4.3 13.7 236 3,107.5
3.77 11.6 1.3 2.8 1.8 12.4 Dec 21 6805317 4.6 0.09 Hulic 1,060 JPY 761 54.2 437,710 100.0 -0.3 -2.9 -17.8 1,229 1,298.9
1.91 16.0 1.2 8.9 1.8 8.0 Mar 22 6596729 22.4 0.42 Mitsubishi Estate 1,880 JPY 1,323 85 2,113,534 75.0 -4.9 17.9 9.2 2,658 5,070.5
1.95 15.2 1.0 9.9 1.3 6.6 Mar 22 6597603 27.2 0.51 Mitsui Fudosan 2,824 JPY 951 95.5 2,564,000 75.0 -4.8 23.9 11.9 2,097 5,995.9
2.85 11.0 1.0 11.5 0.9 9.2 Mar 22 B1CWJM5 4.0 0.08 Nomura Real Estate H 3,425 JPY 178 62.1 377,730 0.0 6.4 29.4 21.7 413 1,377.2
2.27 9.9 2.3 13.7 0.9 26.4 Sep 21 BD3D170 4.3 0.08 Open House 5,470 JPY 126 58.7 405,531 100.0 -5.5 -9.1 2.1 331 1,868.4
1.29 19.0 6.3 19.2 2.2 32.6 Mar 22 6173906 2.5 0.05 Relo Holdings 2,254 JPY 153 69 237,858 100.0 2.5 8.4 -8.6 263 580.2
1.32 10.8 1.0 8.4 1.7 9.6 Mar 22 6858902 14.3 0.27 Sumitomo Rlty & Devt 3,420 JPY 474 83.2 1,348,581 100.0 -6.5 1.1 -3.7 1,014 3,567.3
2.67 12.5 1.0 6.6 1.3 8.7 Dec 21 6895426 4.4 0.08 Tokyo Tatemono 2,095 JPY 209 94.6 414,171 0.0 7.2 24.7 24.3 882 1,832.9

5–103
2.26 15.4 0.9 7.1 0.5 5.7 Mar 22 BDC6LT2 4.8 0.09 Tokyu Fudosan Holdin 751 JPY 719 84 454,260 25.0 4.6 16.8 17.9 2,279 1,678.6
2.20 13.7 1.2 8.2 1.2 8.9 9,435,105 -2.2 12.9 7.0 - -
Real Estate Investment Trusts
4.36 23.4 1.3 11.8 11.6 5.6 Nov 21 B8BSRY1 2.9 0.06 Activia Properties 432,500 JPY 0.8 89.4 314,414 0.0 3.6 4.0 -6.3 1 608.6
3.10 34.2 2.2 23.5 15.0 6.5 Jul 21 B62WZW2 4.3 0.09 Advance Residence In 368,000 JPY 1 93 474,002 0.0 0.3 -3.2 -1.7 2 834.8
4.19 27.2 1.5 14.8 9.1 5.6 Jul 21 BFSSCF9 2.4 0.05 AEON REIT Investment 157,200 JPY 2 83 266,754 0.0 0.7 -2.4 4.1 4 564.0
3.55 27.9 1.5 16.9 13.0 5.5 Aug 21 B0Z6WY0 6.3 0.14 Daiwa House REIT Inv 322,000 JPY 2 91.4 683,358 0.0 0.5 -7.6 -0.8 8 2,443.5
3.98 23.7 1.3 16.3 11.7 5.6 Nov 21 B0LNTF5 1.7 0.04 Daiwa Office Investm 704,000 JPY 0.5 55.5 188,636 0.0 4.3 0.6 -11.1 0.9 618.0
1.84 33.6 1.8 21.1 16.6 6.0 Aug 21 B8RBZV7 6.6 0.14 GLP J-REIT 169,900 JPY 5 94.3 719,595 0.0 -3.0 -14.6 -14.9 11 1,909.9
3.35 28.6 2.0 13.2 13.0 7.7 Jul 21 B24HH65 3.2 0.07 Industrial & Infrast 183,800 JPY 2 91.5 348,229 0.0 -0.7 -17.2 -16.9 5 937.5
0.53 +ve 1.4 26.3 22.5 0.7 Dec 21 B1530B1 2.8 0.06 Japan Hotel REIT Inv 68,800 JPY 5 100 307,330 0.0 -0.3 22.4 5.8 16 1,116.9
2.96 38.4 2.3 28.1 16.9 5.9 Jul 21 B07NL19 2.7 0.06 Japan Logistics Fund 330,500 JPY 0.9 95 293,253 0.0 3.3 -7.3 -6.4 2 510.7
4.10 29.8 1.2 15.1 10.9 4.9 Aug 21 6513342 6.9 0.15 Japan Metropolitan 110,600 JPY 7 98.1 758,728 0.0 2.0 11.6 3.5 17 1,829.4
3.72 25.7 1.6 13.4 11.6 6.2 Dec 21 6528175 3.5 0.08 Japan Prime Realty I 412,500 JPY 1 91.6 376,959 0.0 1.5 3.4 0.2 2 619.7
3.53 27.5 1.7 17.9 12.4 6.3 Sep 21 6397580 7.7 0.17 Japan Real Estate In 645,000 JPY 1 93.6 836,849 0.0 0.3 -1.2 -5.3 3 1,932.9
3.89 23.9 1.3 14.8 9.8 5.6 Oct 21 B0C5Q59 2.5 0.05 Kenedix Office Inves 720,000 JPY 0.4 88.1 271,993 0.0 0.7 1.3 -10.9 1 713.2
1.80 30.9 1.4 18.7 15.2 5.6 Aug 21 BDD1L29 2.8 0.06 LaSalle Logiport REI 172,100 JPY 2 100 307,199 0.0 -2.0 -15.1 -10.4 4 609.6
1.54 43.1 1.7 21.1 18.0 4.5 Jul 21 BYZWTW3 2.7 0.06 Mitsui Fudosan Logis 545,000 JPY 0.6 92.3 289,983 0.0 4.2 -15.5 -16.4 2 851.9
3.81 26.9 1.5 21.7 15.2 5.6 Jul 21 B1GF9P3 2.3 0.05 Mori Hills REIT Inve 156,400 JPY 2 82.2 246,577 0.0 2.2 0.2 -1.9 4 657.3
3.00 34.9 2.3 24.4 14.6 6.7 Aug 21 B182BB2 2.9 0.06 Nippon Accommodation 683,000 JPY 0.5 91.7 315,502 0.0 -1.9 3.0 3.3 0.9 622.7
3.65 27.3 1.8 7.8 12.2 6.5 Dec 21 6396800 9.7 0.21 NIPPON BUILDING FUND 694,000 JPY 2 89.5 1,057,518 0.0 -1.7 3.6 -2.9 3 2,210.2
1.40 43.3 2.1 27.4 18.7 5.1 Nov 21 B98BC67 7.4 0.16 Nippon Prologis REIT 350,500 JPY 3 86.4 808,878 0.0 1.3 -13.9 -11.6 4 1,345.8
1.95 26.1 1.3 18.5 10.6 4.9 Aug 21 BYSJJF4 7.0 0.15 Nomura Real Estate M 170,200 JPY 5 95 762,401 0.0 2.1 5.2 0.3 10 1,764.4
3.73 27.1 1.5 19.4 11.2 5.6 Aug 21 6527774 4.6 0.10 Orix Jreit Inc 191,500 JPY 3 95.1 503,064 0.0 0.2 6.5 -2.3 7 1,348.5
4.15 23.9 1.3 10.4 11.6 5.5 Oct 21 BSKRKL7 3.2 0.07 Sekisui House Reit 84,400 JPY 4 93.5 349,993 0.0 1.2 -1.5 -10.2 9 795.8
4.19 26.9 1.3 20.8 9.8 4.7 Nov 21 6723839 4.0 0.09 United Urban Investm 148,200 JPY 3 95 439,031 0.0 2.2 9.6 -4.8 7 1,059.0
3.09 29.9 1.6 16.0 12.8 5.5 10,920,243 0.6 -2.1 -5.1 - -
Automobiles and Parts
4.09 7.3 0.6 5.8 0.3 9.4 Mar 22 6010702 1.4 0.14 Aisin 4,155 JPY 270 64 716,788 0.0 5.6 -5.8 -1.2 573 2,383.8
3.18 9.1 1.4 21.2 1.2 17.2 Dec 21 6132101 6.0 0.61 Bridgestone Corp 5,353 JPY 698 81.8 3,058,052 0.0 3.0 8.2 5.7 1,791 9,627.2
2.16 20.2 1.4 14.8 1.1 7.1 Mar 22 6640381 6.8 0.68 Denso Corporation 7,651 JPY 763 58.5 3,421,852 25.0 5.8 -19.7 -0.8 1,558 11,913.2

5–103
FTSE All-World Review August 2022

Japan - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% JPY (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Automobiles and Parts
3.22 7.4 0.6 3.8 0.4 8.9 Mar 22 6435145 12.4 1.26 Honda Motor Co 3,724 JPY 1,711 98.8 6,296,226 0.0 9.9 15.3 11.4 4,304 15,405.2
1.83 12.5 0.5 5.1 0.2 4.6 Mar 22 6497082 0.4 0.04 JTEKT 985 JPY 343 65.7 222,184 0.0 0.5 -2.0 -1.0 1,095 1,087.2
1.13 20.1 1.3 11.7 1.0 6.8 Mar 22 6496324 1.1 0.11 Koito Manufacturing 4,785 JPY 161 71 546,092 100.0 10.1 -21.4 -28.9 399 1,850.6
1.62 9.5 0.6 4.1 0.2 6.6 Mar 22 6900308 1.4 0.14 Mazda Motor 1,231 JPY 630 90.4 701,336 0.0 10.3 39.1 28.9 4,732 5,751.2
0.00 11.2 1.4 7.0 0.4 13.3 Mar 22 6598446 0.7 0.07 Mitsubishi Motors 559 JPY 1,488 42 349,318 0.0 21.5 74.1 98.9 15,928 8,118.8
3.56 9.2 1.1 8.1 1.2 13.1 Mar 22 6619604 1.1 0.11 NGK Spark Plug 2,866 JPY 203 95.1 554,496 50.0 10.4 43.1 69.4 1,251 3,471.5
2.86 6.7 0.7 6.2 0.4 10.5 Mar 22 6619648 0.3 0.03 NHK Spring Co 945 JPY 228 68 146,525 0.0 4.9 -3.4 19.6 294 276.0
1.96 13.8 1.6 10.0 1.1 12.3 Mar 22 6639163 0.5 0.05 Nifco 3,160 JPY 100 82 259,565 75.0 -1.6 -12.5 -9.1 200 640.9
0.91 9.9 0.5 2.5 0.3 5.1 Mar 22 6642860 2.1 0.21 Nissan Motor 550 JPY 3,914 49.2 1,060,309 0.0 9.5 -1.1 -4.9 14,265 7,515.6
4.02 8.3 0.4 3.9 0.3 5.4 Mar 22 6642428 0.3 0.03 NOK 1,243 JPY 173 65.2 140,244 0.0 4.6 0.2 -6.9 528 629.1
1.93 19.3 1.0 11.2 1.1 5.1 Mar 22 6841106 0.7 0.07 Stanley Electric 2,587 JPY 160 89.4 370,355 100.0 11.4 -10.1 -5.9 636 1,593.2
2.21 15.9 1.0 9.9 0.7 6.7 Mar 22 6356406 3.0 0.31 Subaru 2,536 JPY 767 79.3 1,542,295 0.0 9.4 23.3 24.5 3,127 7,468.9
3.12 13.0 0.7 16.4 0.4 5.7 Mar 22 6858708 2.4 0.24 Sumitomo Electric In 1,603 JPY 780 96.3 1,203,896 0.0 8.8 6.9 9.0 1,911 3,006.9
4.17 9.0 0.6 5.0 0.3 7.4 Dec 21 6858991 0.4 0.04 Sumitomo Rubber Indu 1,200 JPY 263 68.4 215,891 0.0 0.5 2.4 -9.0 1,082 1,281.6
1.87 14.8 1.3 10.7 0.7 9.0 Mar 22 6865504 4.3 0.44 Suzuki Motor 4,879 JPY 486 93 2,203,499 100.0 12.9 10.2 2.6 1,575 7,462.4
5.08 6.3 0.9 6.6 0.7 16.5 Dec 21 6900182 0.3 0.03 Toyo Tire 1,694 JPY 154 65.7 171,378 25.0 -4.6 -5.6 -13.4 1,127 1,956.9
2.47 12.9 0.7 11.4 0.4 6.0 Mar 22 6900557 0.4 0.04 Toyoda Gosei 2,431 JPY 130 56.7 178,482 0.0 16.3 -2.8 3.9 407 938.5
3.14 8.9 1.0 3.1 0.3 11.9 Mar 22 6900591 0.2 0.02 Toyota Boshoku 2,036 JPY 187 32.5 123,991 0.0 4.0 -9.8 -1.7 532 1,070.4
2.17 11.8 0.6 7.6 0.9 5.8 Mar 22 6900546 2.5 0.25 Toyota Industries 7,820 JPY 311 51.4 1,248,939 0.0 -2.9 -14.9 -15.8 432 3,391.3
6.47 9.3 1.1 7.8 0.9 12.5 Mar 22 6900643 50.3 5.08 Toyota Motor 2,102 JPY 13,778 87.9 25,478,505 0.0 -1.7 -0.2 9.5 22,190 47,175.0
3.45 14.1 0.7 10.4 0.6 5.1 Mar 22 B1P1JR4 0.3 0.03 TS TECH 1,564 JPY 133 75 155,818 0.0 3.6 10.6 4.9 399 627.9
2.88 5.3 0.7 5.4 0.5 14.8 Dec 21 6986461 0.6 0.06 Yokohama Rubber 2,289 JPY 161 81.5 299,737 0.0 18.2 24.2 21.9 784 1,699.3
4.55 9.8 0.9 7.1 0.7 10.2 50,665,774 2.7 1.6 7.4 - -
Consumer Services
2.28 +ve 1.4 8.6 0.5 0.7 Mar 22 6121927 23.2 0.03 Benesse Holdings 2,191 JPY 96 73 154,203 100.0 -8.5 -3.0 -7.9 312 698.4
2.69 20.3 3.3 16.5 7.4 16.9 Mar 22 6171494 76.8 0.10 USS 2,464 JPY 245 84.3 509,622 75.0 -5.4 37.2 35.3 894 2,157.7
2.59 25.7 2.5 13.6 1.7 9.8 663,825 -6.1 -3.4 -8.2 - -
Household Goods & Home Constr.
3.70 9.1 1.0 6.1 0.5 11.7 Mar 22 6251363 32.8 0.40 Daiwa House Industry 3,136 JPY 656 97.6 2,007,996 50.0 -4.8 -4.9 -6.3 1,304 4,130.8
1.08 83.3 2.5 -20.7 1.1 3.0 Mar 22 6364283 2.7 0.03 Fujitsu General 2,962 JPY 105 53 164,318 50.0 4.9 8.5 7.7 181 520.0
4.24 5.9 0.7 +ve 0.4 11.6 Mar 22 BFDTBS3 4.9 0.06 Iida Group Holdings 2,123 JPY 288 49 299,992 0.0 -2.3 -20.7 -24.1 628 1,380.9
0.99 38.1 8.0 -ve 2.6 22.4 Mar 22 BF0QD69 2.7 0.03 Katitas 3,375 JPY 77 63 164,430 0.0 1.4 -23.7 -7.8 0.4 1.3
2.18 13.4 1.2 -8.6 1.2 9.6 Mar 22 6555805 13.1 0.16 Makita Corp 3,301 JPY 272 89.6 803,559 100.0 2.0 -32.4 -47.8 1,237 4,068.2
1.31 22.5 1.6 18.4 1.5 6.9 Mar 22 6740582 6.2 0.08 Rinnai Corp 10,720 JPY 50 71 379,425 75.0 6.3 3.3 -9.4 174 1,842.8
2.57 22.8 1.3 8.1 0.7 5.5 Mar 22 6793821 10.5 0.13 Sekisui Chemical 1,906 JPY 444 76 643,271 50.0 2.3 -0.8 1.2 696 1,324.0
3.96 10.4 1.1 13.3 0.6 11.0 Jan 22 6793906 21.9 0.27 Sekisui House 2,374 JPY 673 83.8 1,339,815 0.0 0.8 -3.8 8.3 1,735 4,076.0
4.43 5.4 1.0 5.2 0.3 20.2 Dec 21 6858861 5.3 0.06 Sumitomo Forestry 2,371 JPY 200 68.2 323,199 0.0 15.3 6.5 10.2 1,425 3,272.4
3.21 10.7 1.1 12.5 0.6 10.9 6,126,006 0.1 -8.7 -12.3 - -
Leisure Goods
2.02 24.8 3.9 19.0 2.6 16.9 Mar 22 B0JDQD4 6.4 0.41 Bandai Namco Holding 10,485 JPY 220 88.5 2,039,954 100.0 1.2 16.6 37.2 727 7,507.5
1.21 25.0 5.6 17.3 7.4 24.4 Mar 22 6173694 2.1 0.14 Capcom Co Ltd 3,810 JPY 214 84.4 687,025 100.0 3.3 40.7 24.1 856 3,184.1
3.40 19.9 1.4 19.3 1.3 7.4 Mar 22 6178967 0.9 0.06 Casio Computer Co 1,322 JPY 239 87.7 277,491 25.0 2.2 -10.6 -22.2 1,108 1,490.0
2.77 42.8 2.1 12.2 2.3 5.0 Mar 22 6253132 0.5 0.03 Daiichikosho 4,075 JPY 55 72 160,176 75.0 8.4 17.1 9.5 85 338.7
1.30 6.3 1.3 6.1 1.4 22.2 Dec 21 B064D84 0.2 0.02 GungHo Online Entert 2,314 JPY 62 52.5 75,276 25.0 -10.7 -9.6 9.2 258 617.2
1.74 15.2 2.7 9.8 3.2 19.3 Mar 22 6496681 2.1 0.13 Konami Group 7,080 JPY 134 70 662,026 100.0 -9.7 28.3 1.4 568 4,138.7
0.36 20.6 2.9 23.2 9.0 15.4 Dec 21 B63QM77 3.5 0.23 Nexon 2,789 JPY 883 46.1 1,135,349 100.0 -7.5 25.4 38.8 1,544 4,392.8
2.51 12.2 1.0 18.7 1.1 8.4 Mar 22 6642321 1.6 0.10 Nikon Corp 1,593 JPY 367 87.6 512,620 0.0 4.7 28.5 37.4 1,882 2,953.6
3.56 14.0 3.2 23.1 3.9 24.2 Mar 22 6639550 18.6 1.19 Nintendo 56,990 JPY 117 89.3 5,976,789 100.0 -4.6 6.2 7.7 643 37,414.8
2.65 7.7 0.8 10.4 0.4 11.9 Mar 22 6572707 7.5 0.48 Panasonic Holdings 1,133 JPY 2,334 91.2 2,413,094 0.0 3.6 -10.4 -13.6 6,099 6,855.4
1.93 12.4 1.6 11.5 1.4 12.7 Mar 22 B02RK08 1.0 0.07 Sega Sammy Holdings 2,073 JPY 221 71.7 328,444 75.0 -9.0 14.7 39.5 1,022 2,109.9
0.95 19.5 3.7 20.1 4.1 20.2 Dec 21 6804820 5.9 0.38 Shimano 24,820 JPY 91 84.1 1,903,313 100.0 11.5 -19.0 -23.2 294 7,181.6
0.58 13.9 1.9 11.2 1.4 15.6 Mar 22 6821506 42.8 2.74 Sony Corp 11,135 JPY 1,235 99.8 13,740,126 100.0 -4.8 -23.1 -2.0 3,706 42,557.8
2.13 14.2 2.6 26.3 2.0 19.3 Mar 22 6309262 1.5 0.09 Square Enix Holdings 6,070 JPY 120 64.6 469,138 100.0 -1.5 2.9 -5.3 585 3,575.7
1.21 24.8 2.3 26.0 2.3 9.3 Mar 22 6642387 2.6 0.17 Yamaha 5,460 JPY 172 88.6 830,321 100.0 -3.2 -3.7 -15.9 377 2,108.9
4.23 6.4 1.2 7.1 0.6 19.8 Dec 21 6985264 2.8 0.18 Yamaha Motor 2,899 JPY 346 89.7 900,065 0.0 13.3 5.1 3.5 1,940 5,388.2
1.66 13.7 2.0 13.6 1.4 16.0 32,111,207 -2.3 -9.7 0.7 - -
Personal Goods
1.09 49.9 3.2 9.5 1.2 6.9 Dec 21 6057378 11.8 0.09 Asics Corp 2,562 JPY 183 93 436,125 0.0 1.7 0.5 9.7 1,151 2,978.1
0.73 41.6 3.0 19.2 2.4 7.6 Mar 22 6265438 3.5 0.03 Descente 3,430 JPY 76 50.4 130,690 0.0 21.7 -19.0 6.4 271 918.0
1.20 46.1 4.6 26.1 3.3 10.2 Mar 22 6131261 5.2 0.04 Fancl Corp 2,830 JPY 121 56.4 193,075 100.0 11.9 -17.5 -24.0 799 2,135.2
1.02 26.3 6.0 20.9 3.8 24.7 Mar 22 6376169 8.0 0.06 Goldwin 8,330 JPY 45 78 293,934 100.0 0.6 25.1 23.8 94 782.6
0.98 42.2 3.2 42.4 2.5 7.8 Dec 21 6194468 10.3 0.08 Kose 13,240 JPY 57 50.3 380,087 100.0 12.2 1.5 -0.5 225 2,949.8
3.63 30.9 3.8 21.7 3.9 12.3 Sep 21 B458891 2.4 0.02 Noevir Holdings 5,780 JPY 34 44 86,867 75.0 -2.0 7.2 -1.0 36 209.7
3.36 29.2 2.0 14.4 1.9 6.8 Dec 21 B5N4QN8 3.1 0.02 Pola Orbis Holdings 1,548 JPY 221 33.6 115,136 50.0 -4.7 -19.2 -35.6 765 1,195.0
1.04 49.8 3.9 17.2 2.0 8.2 Dec 21 6805265 55.6 0.41 Shiseido 5,295 JPY 400 97 2,052,703 100.0 -2.8 -17.4 -27.4 2,003 10,935.9
1.17 43.8 3.7 17.2 2.0 8.8 3,688,616 0.7 -10.1 -17.8 - -
Media
3.04 8.4 1.4 8.8 1.1 18.1 Dec 21 6416281 40.1 0.19 Dentsu Group 4,515 JPY 271 77.8 951,607 50.0 -2.5 10.1 10.7 835 3,913.3
3.44 9.9 0.3 4.6 0.5 3.2 Mar 22 6036582 2.1 0.01 Fuji Media Holdings 1,105 JPY 222 20 49,152 0.0 -4.3 -0.3 -3.4 518 580.2

5–104
August 2022 FTSE Russell

Japan - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% JPY (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Media
2.56 8.5 1.3 22.4 0.5 16.0 Mar 22 B05LZ02 12.5 0.06 Hakuhodo DY Holdings 1,251 JPY 374 63.4 296,498 50.0 -8.1 -34.7 -27.7 520 692.1
0.82 30.0 2.5 19.5 1.9 9.4 Mar 22 BQQ1JP6 11.7 0.06 Kadokawa 3,040 JPY 139 65.4 276,673 0.0 -5.6 1.6 20.6 547 1,661.2
3.12 6.4 0.4 5.2 0.7 5.7 Mar 22 6644060 1.3 0.01 Nippon Television Ho 1,186 JPY 255 10 30,253 0.0 -4.0 1.5 1.5 544 654.4
0.00 -95.6 2.1 32.6 2.3 -2.2 Feb 22 6805362 5.1 0.02 Shochiku 12,260 JPY 14 72.2 121,714 100.0 -4.0 2.1 3.6 69 861.1
2.29 8.6 0.3 -ve 0.8 3.9 Mar 22 6894166 2.3 0.01 TBS Holdings 1,617 JPY 170 20 54,935 25.0 -4.8 -3.1 0.5 312 512.9
0.71 31.7 2.4 17.5 4.1 7.7 Feb 22 6895200 24.9 0.12 Toho 5,310 JPY 177 63 590,665 100.0 0.8 8.0 11.8 407 2,164.4
1.98 12.4 1.4 12.5 1.2 11.6 2,371,497 -3.0 -0.7 3.5 - -
Retailers
3.03 26.6 1.6 18.4 1.9 6.2 Feb 22 6292102 1.0 0.03 ABC-Mart 5,610 JPY 83 31.3 145,257 100.0 -0.2 13.8 -4.8 174 995.0
1.32 22.3 1.4 23.3 0.2 6.2 Aug 21 B194YN0 1.1 0.03 Bic Camera 1,140 JPY 171 83 161,949 25.0 -1.4 18.4 6.4 1,055 1,219.2
0.76 44.7 7.5 19.5 3.9 18.1 Aug 21 6332439 29.4 0.84 Fast Retailing 81,950 JPY 102 50.2 4,204,999 100.0 2.2 25.5 13.0 619 52,009.5
0.91 34.1 0.8 11.1 1.0 2.4 Mar 22 B2Q4CL4 2.7 0.08 Isetan Mitsukoshi Ho 1,102 JPY 382 91.3 384,170 0.0 3.9 29.6 49.3 2,263 2,355.7
2.86 9.3 0.9 11.6 0.3 9.6 Feb 22 6468152 0.8 0.02 Izumi Co Ltd 3,010 JPY 72 55 118,331 100.0 -3.2 -6.7 -16.0 190 573.5
2.71 45.9 0.8 5.8 0.9 1.8 Feb 22 B23TC12 1.9 0.05 J Front Retailing 1,106 JPY 262 94.1 272,675 0.0 -0.8 5.6 16.3 1,184 1,291.4
3.35 8.6 0.9 10.1 0.3 10.3 Mar 22 6484277 1.4 0.04 K's Holdings 1,285 JPY 190 79.9 195,689 0.0 -4.2 14.9 6.6 913 1,175.4
2.07 28.2 1.9 43.6 2.4 6.4 Mar 22 6569527 3.4 0.10 Marui Group 2,508 JPY 200 95.5 479,678 50.0 3.7 15.8 27.8 509 1,241.0
0.49 71.5 21.1 +ve 6.6 33.0 Dec 21 B1GHR88 4.1 0.12 MonotaRO 2,524 JPY 497 47 589,427 100.0 6.7 21.8 3.7 1,443 3,718.7
1.07 15.6 2.1 15.0 1.9 14.1 Feb 22 6644800 7.0 0.20 Nitori Holdings 13,390 JPY 113 66 998,690 100.0 -4.8 -22.3 -34.9 380 5,340.4
0.68 24.1 3.8 15.7 0.8 15.3 Jun 22p 6269861 7.0 0.20 Pan Pacific Internat 2,505 JPY 596 66.9 1,000,168 100.0 21.2 57.8 19.5 1,754 4,179.7

Country Details
3.08 8.9 1.6 4.9 0.8 19.5 Aug 21 6758455 2.1 0.06 Ryohin Keikaku 1,300 JPY 263 89.2 305,512 100.0 -2.0 -25.9 -44.9 2,827 3,697.9
1.83 23.2 1.6 6.6 0.6 7.5 Feb 22 B0FS5D6 29.8 0.85 Seven & I Holdings 5,533 JPY 883 87 4,253,509 50.0 1.9 9.4 14.9 1,521 8,410.9
1.98 13.1 1.1 12.5 0.8 8.9 Feb 22 6804035 1.9 0.06 Shimamura 12,640 JPY 37 59.3 275,845 0.0 -0.9 30.8 30.3 134 1,679.7
1.56 48.0 0.6 12.2 0.3 1.4 Feb 22 6870401 1.5 0.04 Takashimaya 1,543 JPY 167 84.3 216,928 0.0 8.4 44.2 40.3 1,005 1,483.1
3.73 8.0 0.6 19.1 0.2 7.7 Mar 22 6985026 2.5 0.07 Yamada Denki 482 JPY 836 88.2 355,800 0.0 0.4 22.6 1.9 5,163 2,440.5
1.86 27.0 17.0 23.4 5.6 62.5 Mar 22 B292RC1 2.4 0.07 ZOZO Inc 3,110 JPY 300 36.3 338,486 100.0 8.6 -13.4 -25.9 1,193 3,795.4
1.44 24.2 2.1 11.3 0.9 8.8 14,297,114 2.7 14.3 6.2 - -
Travel and Leisure
0.00 -8.8 1.6 -16.5 1.2 -15.9 Mar 22 6014908 5.7 0.08 ANA Holdings 2,688 JPY 470 33.3 421,301 100.0 8.7 11.8 3.1 3,364 8,730.8
1.02 18.9 4.0 8.1 1.1 23.6 Sep 21 BF1HPT8 3.0 0.04 Food & Life 2,211 JPY 116 87.1 222,858 0.0 -14.3 -49.2 -53.3 3,246 7,522.0
0.24 +ve 9.2 34.1 6.2 1.6 Mar 22 6356495 1.3 0.02 Fuji Kyuko 4,115 JPY 53 43 93,957 0.0 1.2 0.9 -8.9 54 225.2
3.77 95.3 1.0 10.2 1.7 1.0 Mar 22 6419581 1.5 0.02 Heiwa 2,120 JPY 99 53 110,823 0.0 2.2 11.9 5.6 127 265.4
0.00 -7.6 1.4 -10.5 1.6 -16.9 Mar 22 B8BRV46 5.1 0.07 Japan Airlines 2,574 JPY 437 33.3 374,949 25.0 11.2 17.2 10.0 4,738 11,593.4
0.75 +ve 1.9 23.0 2.2 1.6 Mar 22 6487362 8.3 0.12 Keio Corp 5,320 JPY 122 94 610,594 100.0 4.7 4.9 -10.1 282 1,488.2
3.17 34.8 1.2 8.2 1.4 3.4 Mar 22 BD2BST6 6.2 0.09 Kyushu Railway 2,934 JPY 157 100 460,984 50.0 5.5 22.7 17.8 789 2,239.8
0.13 +ve 9.0 +ve 24.8 1.1 Mar 22 6648891 52.8 0.78 Oriental Land 20,850 JPY 328 57.1 3,904,025 100.0 3.5 7.5 25.2 859 17,802.3
1.34 41.2 2.3 10.5 1.5 5.3 Mar 22 6044132 2.0 0.03 Resorttrust 2,241 JPY 106 61.2 145,761 50.0 2.8 19.3 17.8 376 832.6
2.44 12.9 0.9 10.5 2.8 6.9 Mar 22 6775432 2.3 0.03 Sankyo 4,090 JPY 58 72.8 173,038 0.0 -2.0 37.2 46.0 158 649.8
0.78 33.7 2.1 7.0 1.3 7.4 Dec 21 BQQD167 4.6 0.07 Skylark Holdings 1,534 JPY 228 96.5 337,014 25.0 -3.3 1.5 -2.8 1,395 2,145.7
0.83 +ve 1.7 11.1 1.1 1.3 Mar 22 6767202 2.5 0.04 Sotetsu Holdings 2,401 JPY 98 79 185,843 75.0 2.3 14.0 8.6 114 276.6
0.60 40.1 5.4 12.1 0.8 14.7 Mar 22 6042608 4.7 0.07 Zensho Holdings 3,655 JPY 152 62.9 349,984 100.0 4.0 35.2 34.1 272 971.7
0.59 -ve 3.0 33.8 2.8 -1.0 7,391,131 3.2 6.8 11.3 - -

5–105
Beverages
2.35 12.3 1.3 7.0 1.1 11.8 Dec 21 6054409 40.6 0.45 Asahi Group Holdings 4,673 JPY 507 95.6 2,265,817 75.0 1.1 4.4 -8.6 1,514 7,125.4
3.50 +ve 0.5 7.1 0.3 0.1 Dec 21 6163286 3.6 0.04 Coca-Cola Bottlers J 1,429 JPY 179 77.5 198,829 50.0 -5.4 8.3 -6.8 682 1,007.2
0.65 41.9 3.3 24.4 1.4 8.2 Apr 22 6455789 6.2 0.07 Ito En 6,140 JPY 88 64 346,620 100.0 -1.9 1.7 -11.8 207 1,287.1
2.83 25.4 2.1 8.7 1.1 8.7 Dec 21 6493745 31.4 0.35 Kirin Holdings 2,295 JPY 834 91.6 1,752,190 75.0 5.0 24.2 15.1 2,766 6,177.3
1.37 16.3 1.5 8.1 0.5 9.3 Dec 21 6776907 3.4 0.04 Sapporo Holdings 3,055 JPY 78 80 190,525 0.0 2.8 39.9 28.8 272 810.2
1.53 20.6 1.8 10.0 1.2 9.3 Dec 21 BBD7Q84 11.5 0.13 Suntory Beverage & F 5,100 JPY 309 40.5 638,520 75.0 -2.9 22.6 15.8 487 2,488.9
3.49 10.1 1.2 12.8 0.7 12.3 Mar 22 6870382 3.3 0.04 Takara Holdings 1,060 JPY 198 87.1 182,616 100.0 -1.3 -13.2 -25.6 598 642.4
2.35 17.2 1.5 8.3 1.0 9.4 5,575,118 1.4 12.6 0.9 - -
Food Producers
1.35 25.2 3.0 14.2 1.8 12.6 Mar 22 6010906 19.2 0.37 Ajinomoto Co 3,861 JPY 536 89 1,843,387 100.0 10.4 10.4 19.0 1,539 5,778.8
2.03 19.6 1.4 18.2 2.9 7.6 Mar 22 6049632 0.9 0.02 Ariake Japan 4,740 JPY 32 55.9 84,406 100.0 -10.4 -24.0 -23.9 96 469.4
1.88 19.7 2.0 16.0 1.5 10.3 Mar 22 B3TBRZ8 2.1 0.04 Calbee 2,761 JPY 129 56 199,642 100.0 -3.3 3.4 1.3 498 1,419.4
1.93 17.3 1.0 8.2 0.7 5.8 Dec 21 6327703 1.9 0.04 Ezaki Glico 3,625 JPY 65 78.5 183,703 100.0 -6.7 -0.8 -12.8 243 900.9
2.19 17.7 1.1 57.6 0.5 6.6 Mar 22 6356848 1.1 0.02 FUJI OIL HOLDINGS 2,372 JPY 86 52 106,213 100.0 4.6 2.2 -4.5 288 665.5
1.56 21.1 1.1 18.3 1.2 5.3 Mar 22 6440503 2.2 0.04 House Foods Group 2,958 JPY 100 72 212,083 100.0 3.5 2.0 -16.2 222 658.4
3.41 10.3 0.8 10.7 0.2 7.5 Mar 22 BYPKSR5 0.9 0.02 Itoham Yonekyu Holdi 674 JPY 292 45 88,532 0.0 1.2 2.4 -9.3 377 253.2
1.20 25.4 2.3 18.2 1.4 9.3 Dec 21 6480770 2.5 0.05 Kagome 3,075 JPY 87 88.3 237,342 100.0 -2.2 2.8 5.1 233 733.6
2.05 17.7 1.3 8.3 0.8 7.4 Nov 21 6714509 2.5 0.05 KEWPIE Corporation 2,291 JPY 139 75 238,845 50.0 -0.8 -7.6 -15.5 228 526.5
0.71 40.9 4.6 31.5 3.2 12.0 Mar 22 6490809 16.2 0.31 Kikkoman 8,560 JPY 192 94.9 1,556,673 100.0 8.8 -11.5 3.6 488 4,210.8
0.37 +ve 12.3 58.3 7.8 9.7 Mar 22 6489465 1.6 0.03 Kotobuki Spirits 8,050 JPY 31 60 150,306 0.0 11.0 46.1 10.6 138 1,093.5
2.56 10.7 1.4 7.3 0.9 13.5 Mar 22 B60DQV3 9.0 0.17 Meiji Holdings 6,630 JPY 141 92.2 861,290 75.0 -4.6 -3.4 -1.9 510 3,450.0
2.26 7.1 1.5 7.9 1.1 22.0 Mar 22 6602604 1.6 0.03 Morinaga 3,980 JPY 50 78 153,622 100.0 -4.8 5.9 3.1 165 669.8
1.88 5.7 0.9 4.8 0.4 16.7 Mar 22 6602648 1.6 0.03 Morinaga Milk Indust 4,265 JPY 45 81 156,165 25.0 -13.0 -21.9 -38.5 364 1,614.0
2.56 8.2 0.9 12.2 0.3 10.9 Mar 22 6640767 4.1 0.08 NH Foods 3,990 JPY 102 95.9 391,495 0.0 -0.9 -3.6 -6.4 389 1,556.9
2.01 13.8 1.5 9.3 0.5 11.3 Mar 22 6640864 2.7 0.05 Nichirei 2,491 JPY 130 80 258,044 75.0 5.0 -6.5 -11.2 526 1,309.5
2.48 26.7 1.0 11.2 0.7 4.0 Mar 22 6640961 4.2 0.08 Nisshin Seifun Group 1,570 JPY 297 86.1 402,433 75.0 -4.0 -5.3 -13.0 697 1,119.0
1.20 27.8 2.5 19.3 1.8 9.3 Mar 22 6641760 7.0 0.13 NISSIN FOODS HOLDING 9,960 JPY 102 66.1 673,979 100.0 3.3 18.7 16.5 369 3,628.8

5–105
FTSE All-World Review August 2022

Japan - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% JPY (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Food Producers
1.58 26.0 1.6 17.5 1.6 6.5 Mar 22 6899967 5.4 0.10 Toyo Suisan Kaisha 5,710 JPY 102 88 513,463 50.0 1.1 17.1 25.4 379 2,144.1
0.87 29.1 2.9 17.8 3.1 10.6 Mar 22 6985112 11.3 0.22 Yakult Honsha 8,230 JPY 159 82.9 1,083,515 100.0 1.6 37.2 29.8 514 4,262.4
1.34 32.9 1.0 5.2 0.3 3.1 Dec 21 6985509 2.1 0.04 Yamazaki Baking 1,638 JPY 209 57.7 197,426 0.0 1.9 7.2 -9.3 683 1,115.2
1.50 19.8 1.9 13.4 1.1 9.9 9,592,563 2.7 3.9 4.5 - -
Tobacco
6.36 9.9 1.5 7.0 1.8 15.8 Dec 21 6474535 100.0 0.56 Japan Tobacco 2,360 JPY 1,775 66.6 2,791,707 0.0 -1.2 1.6 10.7 4,348 10,138.9
6.36 9.9 1.5 7.0 1.8 15.8 2,791,707 -1.2 1.6 10.7 - -
Personal Care, Drug & Grocery St.
1.32 +ve 2.4 11.3 0.3 0.7 Feb 22 6480048 17.4 0.38 Aeon 2,723 JPY 847 83 1,913,304 0.0 1.6 0.5 -6.7 1,891 5,206.4
0.69 39.5 2.4 10.7 0.9 6.0 Apr 22 6249120 2.0 0.04 AIN Holdings 7,970 JPY 35 77.9 218,260 100.0 4.0 39.1 7.3 99 777.1
0.54 25.1 3.1 18.1 0.8 12.8 May 22 B036QP1 2.3 0.05 Cosmos Pharmaceutica 14,690 JPY 40 44 255,952 100.0 2.7 -13.2 -24.6 116 1,724.0
2.41 24.4 3.0 16.3 2.0 12.5 Dec 21 6483809 25.5 0.56 Kao 6,055 JPY 474 97.5 2,799,635 100.0 4.7 0.6 -8.9 1,720 10,311.8
0.56 39.8 10.0 36.6 2.2 28.5 Oct 21 B14RJB7 4.5 0.10 Kobe Bussan 3,570 JPY 218 63.8 497,273 100.0 -5.7 -19.9 -16.6 991 3,797.0
0.42 19.7 2.2 9.6 0.6 12.0 May 22 BYX8TV2 0.9 0.02 Kusuri No Aoki Holdi 6,160 JPY 32 50 97,119 100.0 11.4 -15.5 -20.3 79 484.2
3.25 25.8 1.7 3.1 0.7 6.6 Feb 22 6266914 2.0 0.04 Lawson 4,610 JPY 100 47.9 221,043 25.0 -2.2 -15.4 -13.0 302 1,436.8
1.47 18.8 1.8 24.0 1.3 10.2 Dec 21 6518808 3.7 0.08 Lion Corp 1,630 JPY 284 86.6 401,338 100.0 6.4 6.1 -13.0 1,028 1,622.4
1.26 22.6 1.7 10.9 1.1 9.7 Mar 22 B249GC0 6.2 0.14 MatsukiyoCocokara 5,540 JPY 141 86.6 678,081 75.0 10.4 30.0 8.6 453 2,421.3
2.31 13.6 0.8 6.5 0.1 5.6 Mar 22 6782090 2.5 0.06 Medipal Holdings 1,907 JPY 210 69 276,635 0.0 -4.9 -11.5 -9.3 531 1,030.5
1.94 12.7 1.0 11.5 0.2 8.3 Mar 22 B61BG94 1.1 0.03 Paltac 4,025 JPY 63 49.7 125,847 75.0 -3.2 -15.0 -16.0 59 243.2
3.60 28.4 3.4 22.9 2.7 12.2 Dec 21 6688080 2.0 0.04 Pigeon 2,083 JPY 120 90 224,281 100.0 7.6 -5.2 -34.6 730 1,483.0
1.35 18.9 1.7 51.0 0.6 9.4 Feb 22 6259011 1.9 0.04 Sugi Holdings 5,920 JPY 62 56.9 208,583 75.0 -1.3 -15.1 -30.4 175 1,064.8
2.08 16.7 1.8 12.6 0.6 11.2 Mar 22 6817895 2.0 0.04 Sundrug Co Ltd 3,410 JPY 117 56 223,611 100.0 9.3 13.5 -6.7 311 1,042.9
2.16 20.4 0.7 30.8 0.1 3.4 Mar 22 6865560 2.2 0.05 Suzuken 3,335 JPY 88 83.2 244,044 0.0 -9.1 0.5 2.0 187 638.3
2.15 17.6 1.4 10.5 0.4 8.3 May 22 B0MKZN5 2.6 0.06 Tsuruha Holdings 7,750 JPY 49 75 282,216 100.0 2.2 -29.8 -44.0 212 1,645.3
0.76 37.1 5.2 27.5 3.7 14.8 Dec 21 6911485 17.1 0.37 Uni-Charm 4,851 JPY 596 64.9 1,879,580 100.0 0.5 -3.0 -1.1 1,063 5,145.5
1.06 23.0 3.0 37.5 0.6 13.9 Feb 22 B3CF1G6 2.7 0.06 Welcia Holdings 2,923 JPY 209 47.9 291,919 100.0 -1.6 -18.6 -24.8 414 1,246.4
1.24 14.5 1.9 8.2 0.5 14.1 Mar 22 6985899 1.2 0.03 Yaoko Co Ltd 6,460 JPY 39 54.6 137,070 100.0 -0.2 -7.6 -9.7 55 360.8
1.60 29.1 2.4 14.4 0.6 8.5 10,975,791 2.2 -2.8 -11.4 - -
Construction and Materials
3.50 15.0 1.4 16.9 0.9 9.4 Mar 22 6010047 1.2 0.03 Aica Kogyo 3,085 JPY 64 80 157,856 75.0 0.5 -7.2 -16.4 85 262.3
3.66 10.9 0.9 52.7 0.5 8.8 Mar 22 6687247 2.1 0.06 Comsys Holdings 2,594 JPY 122 88.3 280,614 75.0 -2.8 1.3 -12.3 418 1,088.2
0.82 32.9 3.6 29.4 2.3 12.0 Mar 22 6250724 48.0 1.29 Daikin Industries 24,485 JPY 293 90.4 6,484,759 100.0 5.3 -6.2 -10.7 739 18,113.8
4.39 8.5 0.8 8.7 0.4 9.4 Mar 22 6499420 1.6 0.04 EXEO Group 2,142 JPY 110 91.2 215,456 50.0 -3.7 -11.6 -22.4 297 639.3
5.00 8.1 1.1 6.7 0.5 13.4 Mar 22 6414401 3.0 0.08 Haseko 1,600 JPY 275 93 408,675 75.0 -1.0 12.2 5.0 626 990.9
4.01 10.0 0.8 -16.7 0.4 7.7 Mar 22 BLGYFQ3 1.7 0.05 INFRONEER Holdings 997 JPY 267 86.6 230,319 25.0 2.2 -4.9 22.9 717 700.2
0.80 -13.4 1.2 24.3 1.1 -8.8 Mar 22 6473468 3.0 0.08 JGC Corp 1,884 JPY 253 85.2 405,634 75.0 15.4 96.0 103.9 2,016 3,553.6
3.95 7.0 0.8 23.9 0.3 11.4 Mar 22 6481320 4.7 0.13 Kajima Corp 1,469 JPY 492 88 636,587 25.0 -3.1 11.2 3.2 1,416 2,079.1
3.34 8.4 0.6 6.3 0.3 7.3 Mar 22 6483586 0.6 0.02 Kandenko 839 JPY 204 50.7 87,026 25.0 1.7 -2.1 -11.3 223 186.4
2.51 11.4 0.6 9.2 0.5 5.3 Mar 22 6492924 1.3 0.04 Kinden 1,472 JPY 205 60 181,007 50.0 -6.1 -14.8 -21.0 186 281.4
3.56 7.6 0.8 36.8 0.5 11.4 Mar 22 6499969 0.8 0.02 Kyudenko Corp 2,811 JPY 71 55 109,531 75.0 -2.8 -20.8 -28.9 145 408.2
3.49 10.7 1.2 6.0 0.5 11.4 Mar 22 6900212 4.7 0.13 LIXIL 2,439 JPY 291 90.2 640,187 0.0 -10.9 -20.4 -23.9 890 2,257.5
3.31 17.7 0.7 9.9 0.4 4.1 Mar 22 6656407 4.8 0.13 Obayashi 966 JPY 717 93.6 648,201 0.0 -1.0 8.5 6.6 2,063 1,977.3
3.12 19.5 1.3 -27.3 0.5 6.8 Mar 22 6680804 1.5 0.04 PENTA OCEAN CONST 737 JPY 285 99 208,000 50.0 1.1 13.4 5.4 883 640.1
2.60 13.4 1.5 14.8 0.7 12.0 Mar 22 6776781 2.0 0.05 Sanwa Holdings 1,385 JPY 221 88 269,277 50.0 -3.1 12.9 -5.3 567 798.5
6.01 11.9 0.7 7.3 0.4 5.8 Mar 22 6804400 3.0 0.08 Shimizu Corp 766 JPY 740 72 407,886 0.0 1.7 7.4 -3.0 1,753 1,320.5
1.96 26.0 3.4 41.0 4.0 13.4 Jun 22p B29T1W0 2.0 0.05 Sho-Bond Holdings 6,030 JPY 53 85 272,893 100.0 2.6 16.6 21.9 174 1,065.8
3.35 8.4 0.5 3.4 0.3 5.9 Mar 22 6660204 1.8 0.05 Taiheiyo Cement Corp 2,089 JPY 117 97.6 238,685 25.0 4.9 -8.1 -17.2 548 1,125.6
3.07 11.9 1.0 10.5 0.5 8.4 Mar 22 6870100 5.8 0.16 Taisei 4,235 JPY 200 91.9 780,484 75.0 -0.1 21.2 22.9 704 2,888.4
3.78 11.4 0.7 7.8 0.4 5.9 Mar 22 6893884 1.2 0.03 Toda Corp 688 JPY 308 75 159,040 0.0 -3.4 -5.5 -14.4 428 296.6
1.96 20.4 2.0 16.6 1.3 10.4 Mar 22 6897466 5.2 0.14 Toto 4,835 JPY 170 85 696,796 75.0 7.3 -8.6 -19.3 517 2,456.7
2.12 18.1 1.5 16.1 0.8 8.4 13,518,914 2.3 -1.4 -6.4 - -
Electronic and Electrical Equipment
3.28 19.7 1.7 10.0 1.6 8.6 Mar 22 6027304 0.7 0.03 Amano Corp 2,589 JPY 74 90 172,154 100.0 1.5 -1.4 -6.6 131 340.1
1.50 26.4 2.7 54.1 2.1 10.4 Mar 22 6985543 2.1 0.10 Azbil Corp. 3,990 JPY 137 93.9 514,740 75.0 0.1 -23.9 -16.4 332 1,340.7
1.65 14.8 1.8 11.3 1.0 13.2 Mar 22 6356365 3.1 0.15 Fuji Electric 6,070 JPY 143 87.5 759,158 50.0 1.7 -3.3 27.4 570 3,419.2
2.45 17.1 0.6 -13.6 0.2 3.7 Mar 22 6357562 0.6 0.03 Furukawa Electric 2,449 JPY 70 87 149,963 0.0 5.7 5.5 3.5 369 888.4
1.97 24.2 1.0 15.9 0.5 4.1 Mar 22 6744250 0.8 0.04 GS Yuasa Corp 2,543 JPY 80 93.4 191,140 0.0 5.3 -0.6 -1.5 340 842.8
1.01 36.8 3.9 23.1 5.5 11.2 Sep 21 6405870 3.1 0.15 Hamamatsu Photo 5,950 JPY 155 82.1 757,023 100.0 -1.0 -18.9 -7.3 289 1,772.8
1.79 9.1 1.6 9.3 0.7 18.8 Mar 22 6429104 26.7 1.29 Hitachi 6,996 JPY 967 95.6 6,469,722 25.0 4.4 12.3 15.0 2,364 16,134.5
2.58 12.7 1.3 7.6 1.2 11.1 Dec 21 6437947 1.0 0.05 Horiba 6,390 JPY 42 91 245,373 100.0 -2.1 -5.5 -18.8 138 891.6
0.88 23.5 3.4 13.1 2.1 17.9 Mar 22 6470544 1.0 0.05 Jeol 5,660 JPY 51 81.7 236,129 0.0 -5.5 -38.4 -30.4 320 1,898.4
0.38 42.2 5.9 47.2 17.0 14.8 Mar 22 6490995 42.4 2.05 Keyence Corp 52,840 JPY 243 80.2 10,283,401 100.0 0.8 -26.9 -20.1 553 30,383.9
1.32 28.2 2.3 21.4 2.1 8.3 Mar 22 6497963 2.5 0.12 Kurita Water Inds 5,460 JPY 112 97.4 597,735 75.0 1.5 0.0 5.8 241 1,331.8
6.30 18.0 1.0 29.3 1.9 5.7 Dec 21 6551030 0.8 0.04 Mabuchi Motor 3,970 JPY 65 76 195,110 25.0 4.5 4.5 3.1 191 750.1
1.49 13.6 1.8 12.5 0.9 14.5 Mar 22 6642406 4.0 0.20 Minebea Mitsumi 2,418 JPY 405 100 979,351 100.0 1.7 -25.9 -14.6 1,304 3,217.8
3.15 8.8 1.1 6.6 1.2 12.9 Mar 22 6619507 2.1 0.10 NGK Insulators 1,999 JPY 312 82.1 511,459 50.0 3.1 2.8 9.5 838 1,644.6
4.56 8.8 0.5 3.5 0.8 5.8 Dec 21 6642666 0.8 0.04 Nippon Elec. Glass 2,632 JPY 93 82.8 202,989 0.0 -0.3 -10.7 12.0 782 2,016.0
1.17 25.5 3.2 19.0 2.8 13.2 Mar 22 6804369 4.5 0.22 Shimadzu Corp 4,090 JPY 295 91 1,096,671 100.0 -13.3 -15.8 -17.1 856 3,692.0
0.96 42.8 2.1 23.0 0.5 5.0 Mar 22 6894887 0.4 0.02 Toshiba Tec 4,165 JPY 55 43.6 100,679 0.0 -4.8 -11.5 -11.6 52 226.6

5–106
August 2022 FTSE Russell

Japan - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% JPY (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Electronic and Electrical Equipment
2.94 16.3 0.9 9.5 1.4 5.7 Mar 22 6918981 0.8 0.04 Ushio Inc 1,703 JPY 121 91.3 187,664 0.0 -6.8 -10.8 -14.4 403 716.3
1.39 30.7 2.0 12.6 1.7 6.6 Mar 22 6986427 2.4 0.12 Yokogawa Electric 2,445 JPY 267 90.5 590,645 75.0 4.2 17.9 41.9 789 1,879.5
1.20 17.8 2.4 16.5 1.5 14.2 24,241,105 1.0 -13.8 -7.7 - -
General Industrials
3.89 7.8 0.8 3.2 0.6 11.1 Dec 21 6055208 4.1 0.17 AGC 4,750 JPY 222 83 874,934 0.0 -1.7 -13.5 -9.9 1,110 5,360.8
1.43 24.0 2.0 11.6 1.4 8.8 Mar 22 6329947 0.7 0.03 FP Corporation 3,285 JPY 82 55 148,081 100.0 9.7 -16.2 -22.1 190 643.2
1.87 7.4 1.5 4.9 0.5 22.5 Mar 22 6466985 2.3 0.09 IHI 3,735 JPY 151 84.2 476,031 0.0 7.0 61.3 52.7 1,645 5,778.4
2.86 6.5 1.3 6.7 0.5 23.1 Mar 22 6467803 24.3 1.03 Itochu Corp 3,843 JPY 1,470 91 5,139,297 0.0 -0.6 9.2 16.1 2,712 10,381.8
1.40 20.8 1.7 35.5 1.3 8.7 Mar 22 6483746 2.0 0.08 Kansai Paint 2,148 JPY 257 75 413,905 75.0 13.1 -14.1 -24.7 1,352 2,922.3
3.29 6.6 1.0 6.4 0.4 16.4 Mar 22 6596785 25.8 1.09 Mitsubishi Corp 4,564 JPY 1,476 81 5,457,874 0.0 15.6 25.0 37.8 4,485 19,208.1
2.82 13.1 1.0 10.6 0.7 8.0 Mar 22 6597045 13.0 0.55 Mitsubishi Electric 1,419 JPY 2,112 91.9 2,754,669 25.0 1.0 -2.7 -5.8 4,170 5,867.5
2.88 6.0 0.5 55.4 0.2 8.0 Mar 22 6597089 1.2 0.05 Mitsubishi Materials 2,081 JPY 131 94.9 258,221 0.0 3.5 6.1 -6.4 729 1,524.5
0.92 34.3 2.7 37.8 2.6 9.7 Dec 21 6640507 5.2 0.22 Nippon Paint 1,086 JPY 2,348 43 1,098,816 100.0 7.5 -13.4 -20.7 3,402 3,655.8
2.92 7.2 0.6 3.5 0.3 8.6 Mar 22 6732200 0.8 0.03 Rengo 822 JPY 248 84 170,982 50.0 5.9 -5.5 -8.4 912 729.4
0.35 40.0 1.4 7.3 1.1 3.5 Mar 22 BKY6H35 1.4 0.06 Seibu Holdings 1,415 JPY 300 68.6 291,822 75.0 5.5 31.5 6.7 1,049 1,463.3
2.60 6.2 0.7 8.3 0.3 13.0 Mar 22 6594143 2.6 0.11 Sojitz 2,350 JPY 231 99.9 542,069 0.0 16.5 36.0 45.5 1,993 4,415.6
2.13 10.7 1.9 9.8 0.7 17.6 Mar 22 6897217 10.3 0.43 Toshiba Corp 5,167 JPY 433 97.2 2,175,015 75.0 -4.1 12.4 11.3 1,112 5,839.3
5.31 6.8 0.5 4.0 0.4 7.0 Mar 22 6900267 1.1 0.05 Toyo Seikan Group Ho 1,657 JPY 182 78.1 235,094 0.0 8.6 20.7 8.2 467 756.3
3.26 7.1 1.0 34.4 0.2 15.2 Mar 22 6900580 5.2 0.22 Toyota Tsusho 4,905 JPY 352 63.2 1,090,708 0.0 8.6 -7.5 0.8 616 2,939.9

Country Details
2.78 8.1 1.1 7.6 0.5 15.1 21,127,519 5.0 8.7 11.2 - -
Industrial Engineering
3.46 11.7 0.8 6.7 1.2 7.0 Mar 22 6022105 1.5 0.07 Amada 1,097 JPY 348 89 339,432 0.0 2.8 -3.7 -1.7 1,236 1,322.8
1.10 28.8 3.5 18.1 2.0 13.1 Mar 22 6250025 3.5 0.16 Daifuku 8,190 JPY 126 76.5 789,957 100.0 -3.0 -12.9 -15.7 398 3,347.9
2.36 18.6 4.2 14.8 4.9 24.3 Mar 22 6270948 4.3 0.19 Disco 34,200 JPY 36 77 950,415 100.0 5.9 -2.7 6.7 174 5,953.3
3.29 13.3 2.4 4.6 0.6 21.3 Dec 21 6602563 0.8 0.04 DMG Mori Seiki 1,824 JPY 125 82.3 187,735 0.0 3.0 -7.7 -7.2 950 1,714.0
3.72 10.4 1.6 6.7 0.8 15.4 Dec 21 6302700 2.2 0.10 Ebara 5,320 JPY 92 98.8 483,758 0.0 2.5 -16.7 -2.9 394 2,110.7
2.16 27.8 2.8 34.4 5.9 10.5 Mar 22 6356934 19.3 0.86 Fanuc 22,535 JPY 192 100 4,322,662 33.3 -1.3 -7.6 -6.1 724 16,979.2
3.82 7.4 1.0 15.6 0.6 14.8 Mar 22 6429405 1.4 0.06 Hitachi Construction 2,879 JPY 213 49.6 304,214 50.0 -1.3 -13.4 -8.7 768 2,233.0
2.05 27.7 2.3 22.0 2.2 8.7 Dec 21 B3FF8W8 1.9 0.09 Hoshizaki Electric C 4,150 JPY 145 72 432,940 100.0 4.5 -4.0 -19.7 327 1,354.7
1.90 15.8 1.5 9.9 1.0 9.6 Mar 22 6470685 0.8 0.04 Japan Steel Works 2,993 JPY 74 85 187,164 0.0 -2.3 -22.5 15.0 744 2,237.9
3.28 11.1 1.2 9.2 1.0 12.0 Mar 22 6496584 12.0 0.53 Komatsu 2,930 JPY 945 96.7 2,680,025 50.0 -2.6 8.8 10.0 3,187 9,223.2
1.98 13.8 1.6 28.2 1.2 12.0 Dec 21 6497509 10.5 0.47 Kubota 2,176 JPY 1,200 90 2,349,359 50.0 -0.8 -14.8 -4.4 2,776 6,056.9
0.96 26.1 3.5 17.7 2.7 14.7 Mar 22 6595179 4.3 0.19 Misumi Group 3,450 JPY 284 97.7 959,236 100.0 4.7 -26.9 -21.0 794 2,855.5
1.86 13.7 1.1 6.3 0.5 8.9 Mar 22 6597067 6.9 0.31 Mitsubishi Heavy Ind 5,374 JPY 336 85 1,533,394 0.0 9.2 102.1 84.7 3,868 19,389.6
1.31 21.7 2.1 17.3 2.3 10.2 Mar 22 6597777 1.3 0.06 Miura 2,981 JPY 113 86.7 292,680 100.0 -6.6 -24.7 -39.7 338 1,060.1
2.35 6.0 1.7 11.0 1.3 30.2 Dec 21 6687571 1.7 0.07 Nabtesco Corp 3,325 JPY 120 94 375,013 75.0 4.9 -2.3 -23.7 551 1,839.5
1.70 14.4 0.9 10.1 1.0 6.5 Mar 22 6657789 0.7 0.03 Okuma 5,300 JPY 31 93.3 155,339 50.0 1.7 3.5 0.6 125 662.2
2.33 17.0 1.3 6.9 1.5 8.0 Nov 21 6655620 0.7 0.03 OSG 1,930 JPY 97 79 147,414 75.0 6.3 8.1 -2.4 295 561.5
1.13 22.5 2.8 27.9 6.0 13.2 Mar 22 6763965 16.8 0.75 SMC Corp 66,600 JPY 65 86.1 3,747,220 100.0 1.8 -14.2 -5.5 178 11,940.2
3.91 8.2 0.7 5.8 0.4 8.5 Mar 22 6858731 1.5 0.07 Sumitomo Heavy Ind 2,939 JPY 123 91.7 330,474 25.0 -2.8 5.4 2.0 463 1,357.8
2.59 13.9 1.1 22.4 1.1 8.8 Dec 21 6869131 1.5 0.07 THK 2,853 JPY 123 97.3 340,312 50.0 1.9 2.9 11.9 553 1,550.9

5–107
2.27 13.3 1.4 7.9 1.1 11.4 Jun 22p 6599483 1.2 0.05 Ulvac 5,470 JPY 49 97.4 262,496 75.0 9.4 -24.0 -7.9 397 2,117.6
1.27 28.2 4.1 24.3 2.5 15.8 Feb 22 6986041 5.3 0.24 Yaskawa Electric 4,580 JPY 261 98.4 1,178,322 100.0 -1.0 -18.8 -14.9 1,046 4,952.8
2.06 16.7 1.9 14.9 1.5 11.9 22,349,562 0.8 -6.5 -2.7 - -
Industrial Support Services
1.68 14.6 3.1 9.8 0.4 20.9 May 22 6294498 0.3 0.01 Askul 1,847 JPY 96 40 70,615 100.0 5.4 20.4 7.1 234 423.1
1.72 37.1 13.3 33.0 8.7 40.0 Mar 22 B02JV67 0.6 0.02 Benefit One 2,088 JPY 159 37 122,941 100.0 -2.7 -57.7 -52.7 642 1,397.5
3.14 4.8 0.5 -3.9 0.8 10.4 Mar 22 6591809 1.3 0.05 Credit Saison 1,752 JPY 156 98 268,354 50.0 3.4 44.9 39.9 582 1,007.5
2.18 8.1 0.7 9.0 0.6 9.1 Mar 22 6250906 3.7 0.15 Dai Nippon Printing 2,937 JPY 269 97.4 770,255 0.0 0.2 1.5 12.3 568 1,661.4
0.53 85.2 15.2 -ve 20.4 22.8 Sep 21 B06CMQ9 2.2 0.09 GMO Payment Gateway 11,220 JPY 76 53.6 456,885 100.0 2.2 -21.8 -22.5 255 2,864.2
2.97 15.2 0.9 9.5 0.6 6.0 Dec 21 6496506 0.7 0.03 Kokuyo 1,800 JPY 116 71 147,631 25.0 1.8 5.0 -6.5 173 308.2
4.27 5.7 1.1 8.0 0.3 21.6 Mar 22 6569464 10.8 0.45 Marubeni Corp 1,452 JPY 1,714 90 2,240,402 0.0 17.8 29.7 65.8 7,956 10,833.0
3.21 5.6 0.9 6.5 0.4 18.4 Mar 22 6597302 24.5 1.01 Mitsui & Co 3,266 JPY 1,601 97.1 5,081,286 0.0 11.6 19.9 34.5 5,021 15,549.9
1.49 20.6 3.6 12.8 0.6 18.5 Mar 22 B3CY709 2.4 0.10 Persol Holdings 2,820 JPY 231 76.4 497,245 100.0 3.0 -15.6 9.6 570 1,618.3
0.47 20.3 5.3 16.4 2.5 29.0 Mar 22 BQRRZ00 29.8 1.23 Recruit Holdings 4,483 JPY 1,609 85.6 6,178,994 100.0 -9.5 -35.7 -31.0 5,098 24,723.3
2.02 20.6 1.7 11.8 1.8 8.6 Mar 22 6791591 8.3 0.34 Secom 8,922 JPY 217 88.6 1,717,988 82.2 0.4 11.7 6.9 539 4,825.5
0.33 51.8 9.3 28.5 7.2 20.5 Mar 22 B2PLYM1 0.8 0.03 SMS 3,215 JPY 87 56.9 159,702 0.0 1.3 -29.0 -17.5 177 600.1
2.27 12.6 1.2 8.6 0.7 10.0 Mar 22 6546359 1.2 0.05 Sohgo Security Servi 3,615 JPY 101 66.1 241,903 100.0 -2.8 -20.9 -27.5 271 991.8
5.60 5.1 0.8 13.3 0.4 16.8 Mar 22 6858946 10.6 0.44 Sumitomo Corp 1,965 JPY 1,250 89.6 2,200,704 0.0 5.4 15.6 26.4 3,199 6,099.1
2.01 5.9 0.5 11.2 0.5 9.2 Mar 22 6897024 2.9 0.12 Toppan 2,191 JPY 332 81.7 595,309 0.0 -2.9 1.6 15.9 754 1,678.4
2.44 8.5 1.3 10.8 0.7 16.7 20,750,214 1.7 -8.6 -0.8 - -
Industrial Transportation
0.79 -62.3 0.9 45.1 3.5 -1.4 Mar 22 6183552 13.5 0.59 Central Japan Railwy 16,445 JPY 197 92 2,977,453 100.0 5.6 7.2 2.0 531 8,498.6
1.38 -28.8 1.1 14.0 1.4 -3.9 Mar 22 6298542 11.8 0.52 East Japan Railway 7,239 JPY 377 95.6 2,610,948 75.0 4.3 2.3 -2.6 1,460 10,325.4
1.73 7.7 0.5 4.0 0.4 6.4 Mar 22 6357120 0.4 0.02 Fukuyama Transportin 3,180 JPY 41 70.3 90,599 50.0 2.9 -19.0 -31.2 104 334.2
1.19 47.1 1.2 12.0 1.4 2.5 Mar 22 6408664 4.1 0.18 Hankyu Hanshin Holdi 4,185 JPY 241 90 907,540 50.0 8.8 28.2 27.0 630 2,568.5
1.57 -4.3 0.8 3.4 0.3 -16.7 Mar 22 6428305 0.8 0.03 Hino Motors 638 JPY 574 46.6 170,809 0.0 -7.1 -32.7 -33.1 7,148 4,564.0
0.64 41.2 4.3 11.3 1.0 11.0 Mar 22 6429234 1.3 0.06 Hitachi Transport Sy 8,780 JPY 84 38.4 282,304 75.0 1.5 62.6 90.7 407 3,565.4
3.81 10.6 1.1 7.8 0.5 11.4 Mar 22 6467104 4.0 0.18 Isuzu Motors 1,731 JPY 775 66.3 889,590 25.0 19.1 21.0 24.4 2,871 4,593.0

5–107
FTSE All-World Review August 2022

Japan - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% JPY (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Industrial Transportation
0.00 -21.3 3.5 -57.9 9.4 -15.2 Mar 22 6472175 1.4 0.06 Japan Airport Termin 5,780 JPY 93 56.9 306,848 100.0 10.9 20.4 15.6 269 1,474.7
2.68 15.0 0.9 8.4 1.2 5.8 Mar 22 6482668 1.2 0.05 Kamigumi 2,727 JPY 115 85 265,827 50.0 1.0 25.2 14.7 405 1,093.1
1.47 20.8 0.9 3.1 0.3 4.6 Mar 22 6484620 1.8 0.08 Kawasaki Heavy Indus 2,713 JPY 168 87 395,286 0.0 4.5 30.6 15.8 2,128 5,643.2
6.76 1.3 0.9 3.7 1.1 +ve Mar 22 6484686 3.3 0.15 Kawasaki Kisen Kaish 8,880 JPY 94 88 734,196 0.0 -9.1 28.3 61.2 4,982 47,840.3
0.71 38.6 1.5 17.5 1.5 4.0 Mar 22 6487232 1.6 0.07 Keihan Holdings 3,540 JPY 107 91 345,290 100.0 6.9 33.8 12.0 258 900.1
0.70 31.5 1.5 6.8 1.5 5.0 Mar 22 6487306 1.6 0.07 Keikyu Corporation 1,433 JPY 275 90 355,026 75.0 -2.8 24.6 6.8 755 1,093.5
0.44 -ve 1.8 23.2 3.1 -1.2 Mar 22 6487425 2.5 0.11 Keisei Electric Rail 3,900 JPY 172 82.3 552,321 100.0 7.4 25.4 15.2 460 1,753.8
0.53 21.1 2.4 15.7 1.3 12.2 Mar 22 6492968 3.9 0.17 Kintetsu 4,740 JPY 190 94.2 849,362 75.0 8.0 47.4 26.1 579 2,699.7
1.13 34.5 7.3 28.6 1.6 22.4 Mar 22 BKRC097 0.3 0.01 Maruwa Unyu Kikan 1,681 JPY 126 31.1 65,809 0.0 10.4 15.5 15.4 295 461.4
2.20 16.5 0.9 8.1 1.1 5.4 Mar 22 6596848 1.0 0.05 Mitsubishi Logistics 3,630 JPY 81 77 226,890 50.0 2.1 25.8 15.8 258 951.6
10.94 1.9 1.0 4.3 1.0 76.4 Mar 22 6597584 5.5 0.24 Mitsui Osk Lines 3,655 JPY 361 92.1 1,215,309 0.0 0.6 28.4 29.0 11,079 41,422.8
0.58 45.3 1.1 10.8 0.9 2.5 Mar 22 6619864 1.9 0.08 Nagoya Railroad 2,158 JPY 197 98.7 418,887 75.0 1.0 23.3 11.5 501 1,081.1
0.90 78.2 1.3 7.5 1.6 1.6 Mar 22 6621472 1.4 0.06 NANKAI ELECTRIC RAIL 2,776 JPY 113 96 301,878 50.0 5.9 27.6 17.5 217 593.6
3.25 9.9 1.1 12.3 0.3 11.9 Dec 21 BKSHP63 2.4 0.11 Nippon Express Holdi 7,690 JPY 91 76 529,502 0.0 -2.7 15.1 4.7 358 2,790.4
13.56 1.8 1.1 3.6 0.8 86.3 Mar 22 6643960 7.8 0.34 Nippon Yusen 10,690 JPY 169 94.9 1,714,186 0.0 2.8 22.0 20.5 5,282 56,800.3
1.04 23.1 1.3 7.4 0.5 5.8 Mar 22 6642967 1.0 0.04 Nishi-Nippon Rail 2,892 JPY 79 95.6 217,823 50.0 -1.2 10.8 6.4 101 292.3
0.52 57.3 2.0 14.3 1.9 3.5 Mar 22 6656106 2.7 0.12 Odakyu Elec Railwy 1,911 JPY 363 84.4 586,205 100.0 0.6 -10.5 -25.5 732 1,408.5
0.00 -29.2 20.7 9.8 1.4 -49.0 Oct 21 6667733 1.2 0.05 Park24 1,996 JPY 171 74.7 254,324 100.0 7.1 26.6 -6.0 534 1,048.4
2.56 11.1 1.0 5.8 0.5 9.4 Mar 22 6775380 0.9 0.04 Sankyu 4,295 JPY 59 82 206,020 75.0 -2.4 -10.0 -16.3 145 624.0
2.61 11.7 0.5 4.5 0.3 4.1 Mar 22 6793423 0.7 0.03 Seino Holdings 1,110 JPY 183 75 152,164 0.0 0.9 -4.7 -18.2 286 324.0
2.16 13.8 3.0 18.0 0.9 23.9 Mar 22 BFFY885 4.4 0.20 SG Holdings 2,319 JPY 635 66.5 980,585 100.0 -8.3 -13.9 -22.5 874 2,033.4
0.61 51.1 1.5 10.3 1.4 3.0 Mar 22 6895169 3.0 0.13 Tobu Railway 3,295 JPY 209 97 667,447 75.0 4.6 25.7 14.8 510 1,660.5
0.90 +ve 1.4 11.7 1.1 1.2 Mar 22 6896548 3.7 0.16 Tokyu Corp 1,659 JPY 602 81 809,137 100.0 2.0 8.6 9.5 1,119 1,849.3
1.84 -11.7 1.4 -15.3 1.3 -12.4 Mar 22 6957995 5.7 0.25 West Japan Railway 5,432 JPY 244 94.5 1,252,516 50.0 11.5 12.9 -9.7 1,535 7,972.9
2.11 14.2 1.3 15.3 0.4 9.6 Mar 22 6985565 3.2 0.14 Yamato Holdings 2,180 JPY 364 90 714,488 50.0 -6.1 -19.3 -22.1 1,237 2,766.9
3.01 9.3 1.2 9.7 1.0 13.9 22,046,569 3.2 11.9 4.5 - -
Industrial Materials
1.68 9.1 0.8 3.0 0.4 9.5 Mar 22 6870898 17.8 0.02 Daio Paper Corp 1,306 JPY 166 49 106,246 0.0 -8.3 -31.6 -36.7 263 355.9
2.51 6.3 0.6 3.8 0.4 10.9 Mar 22 6657701 82.2 0.10 Oji Holdings 557 JPY 991 88.8 490,222 25.0 0.5 0.0 -3.3 2,562 1,411.3
2.37 6.7 0.7 3.7 0.4 10.7 596,469 -1.2 -7.6 -11.8 - -
Industrial Metals and Mining
4.59 6.2 0.5 -10.0 0.3 8.5 Mar 22 6250627 2.5 0.03 Daido Steel Co 3,920 JPY 43 82 137,019 0.0 -0.8 -6.0 -21.9 131 511.7
1.90 6.1 1.0 5.2 0.4 17.6 Mar 22 6278306 4.4 0.05 Dowa Holdings 5,270 JPY 60 76.2 239,041 0.0 9.9 9.6 9.7 262 1,342.8
0.00 56.2 1.7 30.0 0.9 3.1 Mar 22 6429201 7.5 0.08 Hitachi Metals 2,093 JPY 428 46 411,641 0.0 2.3 -1.8 -1.5 1,528 3,120.1
9.33 2.8 0.4 2.9 0.2 17.0 Mar 22 6543792 14.1 0.15 JFE Holdings 1,500 JPY 576 89 768,672 0.0 0.7 2.2 -16.0 5,324 7,812.7
7.86 4.2 0.3 1.5 0.1 7.9 Mar 22 6496023 3.8 0.04 Kobe Steel 636 JPY 395 83.3 209,036 0.0 3.6 10.2 -9.1 5,600 3,418.0
3.05 8.5 0.8 15.7 1.1 9.8 Mar 22 6569505 3.2 0.04 Maruichi Steel Tube 2,979 JPY 80 74.1 175,916 25.0 1.4 17.0 10.1 104 303.4
3.33 3.6 0.8 3.1 0.3 23.7 Mar 22 6597346 3.3 0.04 Mitsui Mng & Smelt 3,300 JPY 57 95.5 180,029 0.0 4.1 5.3 -1.2 395 1,262.2
7.24 3.1 0.6 3.3 0.3 21.2 Mar 22 6642569 33.0 0.36 Nippon Steel 2,209 JPY 921 88.5 1,799,994 0.0 12.1 17.6 -1.8 7,815 16,517.0
3.30 17.6 0.6 17.1 0.4 3.8 Mar 22 6641544 6.1 0.07 NSK 758 JPY 513 85.9 334,007 0.0 2.2 2.7 -1.8 2,150 1,642.6
6.83 4.3 0.8 7.6 1.0 22.1 Mar 22 6858849 19.1 0.21 Sumitomo Metal Minin 4,405 JPY 275 86 1,040,915 0.0 4.5 1.3 4.3 1,846 7,981.2
3.24 7.9 0.9 27.5 2.1 12.2 Mar 22 6985446 3.0 0.03 Yamato Kogyo 4,940 JPY 64 52 163,599 0.0 9.1 32.6 18.8 136 647.4
6.01 4.1 0.6 4.4 0.3 16.8 5,459,868 6.1 8.0 -2.6 - -
Chemicals
3.20 8.4 1.0 5.5 0.4 12.5 Mar 22 6441465 1.6 0.06 Air Water 1,750 JPY 226 78 309,034 25.0 -2.0 -1.5 -1.4 460 800.9
3.32 8.8 0.8 7.7 0.6 10.3 Mar 22 6054603 6.5 0.25 Asahi Kasei Corp 1,023 JPY 1,387 89 1,263,089 25.0 -4.0 -5.4 -9.9 3,302 3,405.8
3.87 8.3 1.0 6.0 0.6 12.3 Mar 22 6250542 1.1 0.04 Daicel 878 JPY 296 86 223,284 0.0 4.2 10.4 -0.9 653 561.0
4.33 11.1 1.0 6.8 0.7 9.4 Mar 22 6309820 1.5 0.06 Denka 3,345 JPY 86 100 288,445 25.0 -2.6 -11.0 -13.3 384 1,284.8
3.99 54.3 0.7 5.3 0.3 1.3 Dec 21 6250821 1.0 0.04 DIC 2,505 JPY 95 85.8 203,607 0.0 2.2 -13.5 -20.9 330 824.4
2.24 16.9 1.8 36.8 2.0 11.2 Mar 22 6470986 2.9 0.11 JSR Corp 3,130 JPY 215 84 565,484 25.0 -14.6 -28.5 -18.0 1,452 4,594.5
2.93 9.4 0.6 7.3 0.4 7.1 Mar 22 6483360 1.1 0.04 Kaneka Corp 3,750 JPY 67 87.2 217,677 10.8 4.5 -0.7 -17.7 172 629.3
3.86 9.7 0.6 4.6 0.6 7.0 Dec 21 6497662 1.8 0.07 Kuraray 1,061 JPY 340 99.9 360,793 0.0 -0.6 6.2 2.5 1,272 1,357.4
3.78 9.8 0.8 6.6 0.6 8.2 Mar 22 6330080 0.6 0.02 Lintec Corp 2,328 JPY 70 68.9 112,114 25.0 -0.1 -11.7 -6.6 104 243.0
4.09 4.9 0.7 3.0 0.3 15.7 Mar 22 B0JQTJ0 4.8 0.19 Mitsubishi Chemical 733 JPY 1,421 89.5 932,577 0.0 -1.6 -14.0 -24.1 5,185 3,823.8
3.36 9.0 0.8 6.8 0.6 8.8 Mar 22 6596923 1.9 0.07 Mitsubishi Gas Chem 2,081 JPY 208 86 372,721 0.0 8.2 6.8 0.7 944 1,903.4
3.66 5.4 0.9 6.6 0.4 17.2 Mar 22 6597368 2.8 0.11 Mitsui Chemicals 3,145 JPY 193 88.9 540,823 0.0 12.8 1.9 -17.1 937 2,775.2
2.39 9.3 0.7 -13.5 0.3 7.7 Mar 22 6619820 1.1 0.04 Nagase & Co 2,006 JPY 120 87.2 210,002 0.0 0.7 8.0 10.9 148 295.9
3.29 11.9 0.8 8.8 1.1 7.3 Mar 22 6640422 1.0 0.04 Nippon Kayaku 1,215 JPY 168 96.4 197,182 50.0 9.0 2.6 -0.2 365 454.2
1.34 13.9 1.8 7.4 1.2 13.9 Mar 22 6640541 1.9 0.07 Nippon Sanso Holding 2,544 JPY 433 33 363,301 100.0 13.8 1.2 -4.7 595 1,482.6
3.07 9.1 0.6 6.3 0.6 7.3 Mar 22 6470588 0.9 0.03 Nippon Shokubai 5,540 JPY 40 79.3 175,268 25.0 6.7 4.2 -4.8 98 544.3
1.73 25.8 4.9 23.9 4.8 19.2 Mar 22 6641588 4.7 0.18 Nissan Chemical 7,070 JPY 142 92.5 926,537 100.0 4.6 5.8 14.6 404 2,858.6
2.55 12.7 1.6 8.8 1.5 13.1 Mar 22 6641801 6.5 0.25 Nitto Denko Corp 8,620 JPY 148 98.8 1,261,694 25.0 1.1 -3.0 3.1 480 4,216.9
1.70 16.3 2.0 15.8 2.3 12.6 Mar 22 6640488 1.8 0.07 Nof Corp 5,300 JPY 82 81 351,607 100.0 1.1 -8.8 -13.0 157 842.7
2.45 13.6 2.0 12.2 3.3 16.3 Mar 22 6804585 33.1 1.29 Shin-Etsu Chemical 16,315 JPY 415 95.4 6,468,228 100.0 -3.8 -18.1 -10.4 1,278 21,819.2
3.02 -32.3 0.8 3.4 0.3 -2.6 Dec 21 6805469 2.0 0.08 Showa Denko 2,155 JPY 181 98 382,677 75.0 -2.8 -10.8 -11.9 1,386 3,080.9
2.49 11.0 0.9 7.4 0.8 8.8 Mar 22 6858504 0.7 0.03 Sumitomo Bakelite 4,420 JPY 47 67.8 141,141 75.0 3.3 -24.2 -6.9 118 517.4
4.36 4.5 0.7 5.2 0.3 17.8 Mar 22 6858560 4.2 0.17 Sumitomo Chemical 550 JPY 1,635 92 828,017 0.0 5.4 1.5 -1.4 7,233 4,000.8
3.73 12.2 0.6 3.2 0.3 5.5 Mar 22 6880507 1.4 0.05 Teijin 1,475 JPY 192 95.8 271,650 0.0 4.9 4.2 -6.8 678 983.6
2.93 13.6 1.0 5.7 0.8 7.5 Dec 21 6894003 1.0 0.04 Tokai Carbon 1,024 JPY 213 91.5 199,844 100.0 -4.0 -15.2 -29.9 1,537 1,594.7

5–108
August 2022 FTSE Russell

Japan - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% JPY (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Chemicals
2.50 15.6 1.8 14.0 2.0 11.5 Dec 21 6894898 1.3 0.05 Tokyo Ohka Kogyo 6,880 JPY 40 90 248,998 0.0 0.3 1.2 -0.4 191 1,358.5
2.00 13.7 0.9 9.2 0.6 7.0 Mar 22 6897143 6.2 0.24 Toray Industries 799 JPY 1,601 94.5 1,208,992 50.0 9.0 17.2 7.7 6,051 4,654.4
4.43 5.3 0.8 5.3 0.6 16.3 Mar 22 6900289 2.6 0.10 Tosoh 1,807 JPY 318 87.3 502,035 0.0 4.6 5.9 -9.6 1,232 2,171.3
4.62 8.1 0.5 6.1 0.3 6.7 Mar 22 6910705 1.0 0.04 Ube Industries 2,055 JPY 97 99.5 197,994 0.0 -1.0 2.9 -7.4 410 840.9
2.08 8.6 0.9 8.7 0.8 10.9 Mar 22 6644015 1.0 0.04 Zeon Corporation 1,343 JPY 214 66 189,885 25.0 0.0 1.2 -8.0 555 750.1
2.85 10.5 1.2 8.0 0.8 11.7 19,514,698 -0.2 -8.3 -7.9 - -
Oil Gas and Coal
2.41 2.5 0.8 3.2 0.1 35.6 Mar 22 BYSJJ43 7.5 0.06 Cosmo Energy Holding 4,145 JPY 84 92.8 322,515 0.0 3.6 84.4 89.4 821 3,262.9
4.20 2.9 0.6 8.0 0.2 22.1 Mar 22 B627LW9 36.1 0.31 Eneos Holdings 524 JPY 3,211 93 1,563,691 0.0 2.3 21.7 22.9 16,760 8,547.3
3.29 3.9 0.8 7.4 0.2 21.8 Mar 22 B1FF8P7 19.7 0.17 Idemitsu Kosan 3,650 JPY 297 78.6 853,417 25.0 6.4 26.1 40.4 1,080 3,821.4
3.62 10.0 0.7 5.0 1.8 7.6 Dec 21 B10RB15 36.7 0.32 Inpex Corporation 1,604 JPY 1,387 71.4 1,588,480 25.0 6.4 60.1 111.6 13,228 20,206.5
3.67 4.2 0.7 5.9 0.2 17.7 4,328,101 4.7 37.4 53.0 - -
Electricity
3.54 -24.9 0.5 49.3 0.4 -2.1 Mar 22 6195609 22.5 0.20 Chubu Elec Power 1,414 JPY 756 92.2 986,012 0.0 -0.4 16.7 6.4 2,147 3,012.3
4.80 52.6 0.5 +ve 0.3 0.9 Mar 22 6195900 5.7 0.05 Chugoku Elec Power 834 JPY 360 83.4 250,823 25.0 -4.1 -10.4 -18.7 2,145 1,817.4
3.50 4.2 0.4 3.1 0.4 10.9 Mar 22 B02Q328 8.1 0.07 Electric Power Devel 2,144 JPY 183 90 353,210 0.0 -4.4 40.4 30.4 1,064 2,181.5
3.71 14.0 0.7 2.9 0.4 5.1 Mar 22 6483489 22.3 0.19 Kansai Elec Power 1,346 JPY 893 81.2 975,930 0.0 -0.3 25.3 21.8 2,564 3,317.9
4.78 12.8 0.7 1.5 0.2 5.6 Mar 22 6499806 8.8 0.08 Kyushu Elec Power 836 JPY 473 97.6 385,989 25.0 -3.9 -2.5 -0.5 1,925 1,610.1
0.00 +ve 7.5 19.7 8.2 10.1 Mar 22 BD71KT5 3.1 0.03 Renova 3,045 JPY 79 57.7 137,969 0.0 21.5 46.3 -26.5 7,347 20,274.6

Country Details
3.69 3.1 0.5 3.4 0.3 17.0 Mar 22 6804347 2.8 0.02 Shikoku Elec Power 812 JPY 206 74.5 124,502 0.0 3.3 0.2 5.3 670 551.0
5.06 -3.2 0.5 3.6 0.2 -14.2 Mar 22 6895266 7.4 0.07 Tohoku Elec Power 692 JPY 500 94.2 326,007 0.0 -6.1 -15.2 -17.8 5,390 3,575.0
0.00 +ve 0.4 2.1 0.2 0.3 Mar 22 6895404 19.3 0.17 Tokyo Electric Power 544 JPY 1,602 97 845,433 0.0 4.0 83.2 88.2 36,955 19,358.8
3.08 46.3 0.5 3.5 0.3 1.2 4,385,875 -0.2 21.3 14.0 - -
Gas Water and Multi-utilities
1.49 10.9 1.2 25.1 0.5 11.7 Mar 22 6468204 11.1 0.06 Iwatani 5,700 JPY 58 87.4 286,676 0.0 2.5 -1.7 -6.3 138 769.0
2.45 7.6 0.8 6.7 0.6 11.0 Mar 22 6661768 35.7 0.18 Osaka Gas 2,344 JPY 416 94.6 922,534 0.0 -2.0 23.3 13.6 1,156 2,729.1
1.84 21.2 0.9 9.3 0.6 4.2 Mar 22 6895222 10.7 0.06 Toho Gas 3,125 JPY 105 84 275,890 25.0 -2.2 6.7 -39.1 228 708.9
2.49 12.9 0.9 7.8 0.5 7.5 Mar 22 6895448 42.6 0.22 Tokyo Gas 2,612 JPY 440 95.8 1,100,651 0.0 0.0 26.7 23.4 1,095 2,855.7
2.30 10.5 0.9 8.1 0.6 8.8 2,585,752 -0.7 19.3 5.0 - -
FTSE Japan
2.60 12.8 1.3 10.2 0.9 10.7 501,239,230 1.1 -1.5 0.3 - -

5–109

5–109
FTSE All-World Review August 2022

Korea - Overview WORLD/DEVELOPED

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Korea Zinc Precious Metals and Mining 672,000 40.73 L&F Technology Hardware & Equip. 230,500 99.05
Posco International Industrial Support Services 26,850 30.66 Korea Aerospace Indu Aerospace and Defense 61,000 85.69
Posco Chemical Industrial Metals and Mining 168,000 27.76 LG Innotek Technology Hardware & Equip. 344,000 60.00
Hanwha Aerospace Aerospace and Defense 81,400 26.40 Hanwha Aerospace Aerospace and Defense 81,400 59.92
Hanwha Chemical Chemicals 52,600 20.09 Ecopro Bm Electronic and Electrical Equipment 112,200 41.76

Hanjin KAL Travel and Leisure 52,800 -12.00 HDC Hyundai Developm Construction and Materials 12,450 -58.36
SD Biosensor Medical Equipment and Services 35,150 -12.78 SK IE Technology Technology Hardware & Equip. 83,200 -59.90
Lotte Chilsung Bever Beverages 154,500 -12.96 Shin Poong Pharm Pharmaceuticals & Biotechnology 27,950 -60.41
E-Mart Retailers 97,800 -13.45 SK Bioscience Pharmaceuticals & Biotechnology 113,000 -63.96
Seegene Pharmaceuticals & Biotechnology 31,550 -20.53 KakaoBank Banks 27,300 -67.46

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Korea Zinc Precious Metals and Mining 672,000 0.63 0.18 LG Innotek Technology Hardware & Equip. 344,000 0.46 0.14
Samsung SDI Technology Hardware & Equip. 598,000 2.99 0.14 Korea Aerospace Indu Aerospace and Defense 61,000 0.41 0.14
LG Chemical Chemicals 632,000 2.79 0.13 Korea Zinc Precious Metals and Mining 672,000 0.63 0.10
Hanwha Chemical Chemicals 52,600 0.57 0.10 Hanwha Chemical Chemicals 52,600 0.57 0.10
Posco Chemical Industrial Metals and Mining 168,000 0.44 0.09 LG Energy Solution Electronic and Electrical Equipment 462,500 1.06 0.09

Hyundai Merchant Mar Industrial Transportation 22,250 0.89 -0.10 Celltrion Inc Pharmaceuticals & Biotechnology 189,500 1.93 -0.84
SK Hynix Technology Hardware & Equip. 95,200 4.89 -0.14 Samsung Electronics Technology Hardware & Equip. 54,500 4.29 -1.03
Samsung Electronics Technology Hardware & Equip. 54,500 4.29 -0.20 Kakao Software and Computer Services 73,400 2.11 -1.73
NAVER Software and Computer Services 240,000 3.29 -0.26 NAVER Software and Computer Services 240,000 3.29 -2.08
Samsung Electronics Technology Hardware & Equip. 59,700 26.97 -0.77 Samsung Electronics Technology Hardware & Equip. 59,700 26.97 -6.10

FTSE Korea Index Performance % FTSE Korea Index Volatility %

160 70
150
60
140
130 50
120
40
110
100 30

90 20
80
10
70
60 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–110
August 2022 FTSE Russell

Korea - Industry/Sector/Style Summary WORLD/DEVELOPED

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % KRW (mn) Wgt % Stocks Cont1M%
1.98 7.6 1.3 5.9 1.2 17.2 Technology 1193.20 -2.52 -24.45 -24.94 1964.85 -2.49 -23.78 -23.67 505,331,025 48.28 16 -1.25
0.67 3.6 1.5 10.7 0.9 54.1 Software and Computer Services 2340.46 -4.07 -32.15 -44.28 3318.68 -4.07 -32.06 -44.00 69,499,585 6.64 4 -0.28
2.19 9.2 1.3 5.5 1.3 14.9 Technology Hardware & Equip. 1237.12 -2.27 -23.14 -20.77 2102.01 -2.23 -22.36 -19.27 435,831,440 41.64 12 -0.96
2.30 5.8 0.5 3.1 0.8 8.0 Telecommunications 39.85 -5.40 -23.07 -22.41 110.74 -5.24 -21.70 -19.36 8,750,419 0.84 3 -0.05
2.30 5.8 0.5 3.1 0.8 8.0 Telecommunications Service Prov. 47.73 -5.40 -23.07 -22.41 136.62 -5.24 -21.70 -19.36 8,750,419 0.84 3 -0.05
0.36 34.4 5.4 37.0 7.1 17.4 Health Care 616.55 -2.64 -14.57 -34.89 1074.13 -2.62 -14.54 -34.70 60,264,799 5.76 16 -0.16
5.59 3.3 1.6 2.9 1.2 72.5 Medical Equipment and Services 59.88 -12.78 61.02 -11.11 1,166,926 0.11 1 -0.02
0.25 42.1 5.7 48.3 7.9 14.6 Pharmaceuticals & Biotechnology 965.00 -2.42 -13.54 -34.11 2204.84 -2.43 -13.54 -33.94 59,097,873 5.65 15 -0.14
5.19 4.0 0.4 5.3 0.5 11.9 Financials 253.73 0.76 -11.23 -14.26 566.17 0.81 -9.08 -9.14 91,755,005 8.77 21 0.07
4.67 4.0 0.4 3.9 0.6 10.9 Banks 254.76 1.58 -11.97 -12.32 582.92 1.65 -9.70 -7.09 66,279,492 6.33 8 0.10
7.34 5.8 0.4 -1.3 1.0 7.9 Finance and Credit Services 146.69 -2.18 -0.48 -8.06 323.84 -2.18 1.16 -1.39 936,706 0.09 1 0.00
9.31 2.5 0.4 -2.0 1.0 16.5 Investment Banking & Brokerage 115.64 -3.96 -24.74 -31.01 254.69 -3.96 -22.45 -26.17 7,879,198 0.75 5 -0.03
4.17 4.5 0.5 1.6 0.2 11.8 Life Insurance 148.36 1.87 -6.26 -19.04 300.54 1.87 -5.79 -15.94 4,552,068 0.43 2 0.01
5.55 5.4 0.7 5.6 0.2 14.1 Non-life Insurance 756.23 -0.62 3.79 -6.49 1512.17 -0.62 5.61 -0.92 12,107,540 1.16 5 -0.01
1.92 9.1 0.9 9.2 0.5 9.6 Consumer Discretionary 112.48 0.53 -19.23 -24.07 188.03 0.53 -18.70 -22.79 144,534,393 13.81 38 0.07
2.91 6.9 0.7 11.0 0.4 9.5 Automobiles and Parts 999.83 -1.12 -7.57 -11.74 1815.60 -1.12 -6.33 -9.25 73,689,295 7.04 9 -0.08
2.26 10.2 2.2 15.7 1.0 24.2 Household Goods & Home Constr. 340.25 -1.36 -19.15 -25.56 809.97 -1.27 -18.92 -24.21 4,081,677 0.39 2 -0.01
0.63 16.5 1.7 12.1 0.6 10.3 Leisure Goods 423.16 5.69 -36.19 -39.33 690.61 5.69 -36.35 -39.10 34,973,213 3.34 10 0.18

Country Details
0.94 24.3 1.8 9.5 1.4 6.2 Personal Goods 1262.88 -4.52 -25.78 -42.31 2300.01 -4.52 -25.56 -41.92 7,312,602 0.70 4 -0.03
1.42 24.0 2.4 19.4 1.7 12.5 Media 275.89 0.99 -39.15 -29.83 550.37 0.99 -39.03 -29.17 4,802,576 0.46 2 0.00
1.80 5.1 0.5 3.2 0.3 10.5 Retailers 107.30 -2.18 -16.94 -28.13 161.01 -2.18 -16.53 -27.02 10,360,543 0.99 7 -0.02
0.00 34.2 1.5 5.8 1.8 5.4 Travel and Leisure 175.91 3.30 -3.16 -11.55 334.31 3.30 -3.16 -11.55 9,314,488 0.89 4 0.03
3.21 10.2 1.2 6.7 0.7 13.2 Consumer Staples 1207.10 -1.28 -10.49 -23.19 2156.09 -1.25 -10.28 -20.98 28,182,680 2.69 14 -0.03
2.39 17.6 1.6 3.7 0.8 9.5 Beverages 119.60 -4.26 6.44 -3.20 256.68 -4.26 6.61 -0.78 1,390,125 0.13 2 -0.01
1.83 10.4 0.9 6.3 0.4 11.0 Food Producers 281.28 3.03 1.21 -10.38 532.59 3.14 1.69 -8.70 8,949,133 0.86 7 0.03
5.77 10.1 1.1 6.9 1.9 10.9 Tobacco 402.30 1.59 5.32 1.96 1452.69 1.59 5.32 8.15 8,875,711 0.85 1 0.01
2.18 9.4 1.7 8.0 0.8 18.6 Personal Care, Drug & Grocery St. 72.83 -7.29 -30.78 -46.11 123.99 -7.29 -30.62 -45.29 8,967,711 0.86 4 -0.07
1.66 9.0 1.0 3.7 0.4 11.5 Industrials 424.06 4.49 0.35 -13.46 736.04 4.45 1.02 -11.61 108,012,213 10.32 39 0.44
2.64 7.8 0.7 5.8 0.4 9.3 Construction and Materials 316.01 5.10 -4.76 -15.81 570.50 5.10 -3.85 -13.58 24,241,038 2.32 10 0.11
0.54 23.3 2.5 7.2 1.1 11.0 Aerospace and Defense 414.71 13.94 78.64 72.84 688.04 13.94 78.79 74.58 7,064,692 0.68 2 0.08
0.06 +ve 13.9 +ve 6.2 12.6 Electronic and Electrical Equipment 1115.17 4.54 -3.00 16.04 1812.19 4.54 -2.97 16.25 16,004,030 1.53 3 0.07
3.65 4.4 0.5 4.3 0.4 11.9 General Industrials 787.18 1.93 -1.58 -14.78 1501.39 1.93 -1.39 -11.77 14,388,079 1.37 5 0.03
0.45 10.8 1.7 -26.2 0.8 17.3 Industrial Engineering 544.74 8.98 -3.13 -5.19 909.97 9.16 -2.61 -4.68 9,576,803 0.92 3 0.08
2.52 3.4 0.5 0.5 0.1 16.2 Industrial Support Services 114.80 7.41 -8.40 -15.13 212.35 7.41 -8.23 -12.45 6,012,166 0.57 6 0.04
1.25 12.2 1.1 3.4 0.5 10.6 Industrial Transportation 143.87 1.41 -0.47 -24.66 255.35 1.25 0.45 -23.22 30,725,403 2.94 10 0.04
3.25 5.8 0.8 5.4 0.6 16.5 Basic Materials 803.69 7.92 1.09 -14.50 1675.88 7.93 2.53 -11.64 79,395,820 7.59 12 0.56
5.47 3.3 0.4 3.5 0.3 13.8 Industrial Metals and Mining 324.00 7.74 -5.35 -21.54 753.61 7.74 -2.87 -17.40 25,985,032 2.48 3 0.18
2.98 14.7 1.6 19.6 1.2 11.1 Precious Metals and Mining 1671.64 40.73 31.51 26.32 1736.65 40.73 32.77 31.23 6,614,351 0.63 1 0.18
2.06 8.6 1.6 6.7 1.0 20.2 Chemicals 1198.98 4.58 2.01 -13.91 2339.91 4.59 2.82 -11.96 46,796,437 4.47 8 0.20

5–111
2.48 18.5 1.0 59.5 0.4 6.2 Energy 795.97 3.91 -12.01 -16.97 1967.91 4.40 -9.86 -14.94 13,934,403 1.33 2 0.05
2.48 18.5 1.0 59.5 0.4 6.2 Oil Gas and Coal 954.30 3.91 -12.01 -16.97 2374.75 4.40 -9.86 -14.94 13,934,403 1.33 2 0.05
1.09 -3.7 0.2 5.5 0.2 -6.0 Utilities 64.59 -2.91 -2.70 -8.35 119.84 -2.91 -5.90 -7.10 6,439,179 0.62 2 -0.02
0.00 -2.6 0.2 3.0 0.2 -7.7 Electricity 61.69 -6.26 -5.20 -12.71 112.09 -6.26 -9.94 -12.34 5,319,138 0.51 1 -0.03
6.27 3.6 0.4 -1.8 0.1 12.9 Gas Water and Multi-utilities 95.78 16.94 11.25 20.17 197.83 16.94 19.17 28.72 1,120,042 0.11 1 0.02
2.26 7.6 1.0 6.1 0.7 13.6 FTSE Korea 358.50 -0.32 -17.99 -22.65 673.43 -0.29 -17.22 -20.97 1,046,599,935 100.00 163 -

5–111
FTSE All-World Review August 2022

Korea - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% KRW (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Software and Computer Services
0.07 20.9 3.2 24.5 5.2 18.8 Dec 21 6194037 31.8 2.11 Kakao 73,400 KRW 435 69.1 22,098,201 100.0 -1.9 -34.8 -52.6 1,678 131,591.3
0.21 2.2 1.5 26.0 5.3 +ve Dec 21 6560393 49.5 3.29 NAVER 240,000 KRW 150 95.8 34,387,401 100.0 -7.3 -36.6 -45.3 531 136,304.6
1.87 14.9 1.4 10.1 0.7 9.6 Dec 21 BRS2KY0 6.7 0.44 Samsung SDS 128,500 KRW 77 46.8 4,654,519 100.0 -5.5 -17.9 -25.5 111 14,609.7
3.43 3.6 0.6 2.2 0.1 18.9 Dec 21 B39Z8L3 12.0 0.80 SK 233,000 KRW 56 63.9 8,359,464 100.0 5.9 -7.2 -11.6 121 27,509.4
0.67 3.6 1.5 10.7 0.9 54.1 69,499,585 -4.1 -32.1 -44.3 - -
Technology Hardware & Equip.
0.40 53.8 3.5 +ve 5.0 7.9 Dec 21 B45LHQ0 0.3 0.12 Iljin Materials 74,200 KRW 46 36.6 1,252,677 0.0 1.0 -45.0 -2.0 356 26,250.7
0.00 -66.5 11.8 -53.7 7.6 -27.0 Dec 21 6578608 1.2 0.49 L&F 230,500 KRW 32 69.5 5,160,629 0.0 0.8 3.6 99.1 537 129,364.7
4.17 3.3 0.4 1.0 0.2 13.9 Dec 21 B01VZN9 0.8 0.33 LG Display 15,600 KRW 358 62 3,465,259 0.0 2.0 -36.6 -23.9 1,230 19,573.0
0.87 8.7 2.5 6.9 0.5 32.5 Dec 21 B39Z8G8 1.1 0.46 LG Innotek 344,000 KRW 24 59.2 4,820,263 0.0 -5.2 -5.5 60.0 206 70,350.5
2.16 5.8 0.5 -14.0 0.1 9.5 Dec 21 6375780 0.3 0.11 LS Corp 67,100 KRW 28 62 1,155,166 0.0 13.9 24.0 0.8 133 8,441.3
1.50 11.4 1.5 5.9 1.1 14.4 Dec 21 6771689 1.8 0.74 Samsung Electro-Mech 140,000 KRW 73 76.2 7,754,963 0.0 -1.8 -29.1 -24.1 401 54,944.4
2.42 9.6 1.4 6.1 1.5 15.0 Dec 21 6771720 64.8 26.97 Samsung Electronics 59,700 KRW 5,970 79.2 282,297,882 67.2 -2.8 -23.8 -22.2 11,181 674,316.2
2.65 8.6 1.2 5.4 1.3 15.0 Dec 21 6773812 10.3 4.29 Samsung Electronics 54,500 KRW 823 100 44,847,325 0.0 -4.4 -23.5 -23.0 733 40,519.2
0.17 31.3 2.7 18.0 2.9 9.0 Dec 21 6771645 7.2 2.99 Samsung SDI 598,000 KRW 65 80 31,303,214 100.0 5.1 -8.7 -24.6 202 121,140.9
0.34 0.4 0.0 0.2 0.0 9.0 Dec 21 6776059 0.1 0.04 Samsung SDI Pfd 307,000 KRW 1 99.7 440,780 0.0 4.6 -11.4 -28.4 2 692.5
2.25 6.3 1.1 3.3 1.5 18.2 Dec 21 6450267 11.8 4.89 SK Hynix 95,200 KRW 688 78.2 51,220,065 100.0 -2.8 -27.3 -10.6 2,359 224,239.6
0.00 59.8 2.7 54.2 9.8 5.8 Dec 21 BMDXML4 0.5 0.20 SK IE Technology 83,200 KRW 71 35.6 2,113,217 1.7 -50.5 -59.9 413 36,160.8
2.19 9.2 1.3 5.5 1.3 14.9 435,831,440 -2.3 -23.1 -20.8 - -
Telecommunications Service Prov.
5.22 4.6 0.6 1.5 0.4 14.4 Dec 21 6290902 27.7 0.23 LG Uplus 11,500 KRW 430 49 2,422,083 25.0 -8.0 -15.4 -18.1 662 8,085.1
0.00 14.6 0.3 55.4 8.1 2.4 Dec 21 BMG3GS6 45.4 0.38 SK Square 40,500 KRW 141 69.4 3,974,970 0.0 -5.3 -39.0 - 292 12,220.0
3.19 3.3 1.0 2.3 0.7 19.7 Dec 21 6224871 26.9 0.22 SK Telecom 52,100 KRW 218 20.7 2,353,367 0.0 -2.8 -10.0 -12.6 706 36,635.4
2.30 5.8 0.5 3.1 0.8 8.0 8,750,419 -5.4 -23.1 -22.4 - -
Medical Equipment and Services
5.59 3.3 1.6 2.9 1.2 72.5 Dec 21 BKSCSZ8 100.0 0.11 SD Biosensor 35,150 KRW 101 32.8 1,166,926 0.0 -12.8 -37.1 -28.3 368 13,902.5
5.59 3.3 1.6 2.9 1.2 72.5 1,166,926 -12.8 - - - -
Pharmaceuticals & Biotechnology
0.00 -ve 19.9 -ve 66.0 -2.8 Dec 21 BSTJWN0 3.0 0.17 Alteogen 63,700 KRW 43 65.7 1,785,507 0.0 -2.3 -15.9 -25.1 333 23,192.4
0.35 72.5 5.3 -63.8 6.2 7.6 Dec 21 BYZ6DH8 11.6 0.65 Celltrion Healthcare 72,100 KRW 155 61.1 6,837,870 100.0 -0.4 -10.1 -40.5 587 44,016.2
0.39 36.0 6.7 29.3 13.8 20.2 Dec 21 B0C5YV1 34.2 1.93 Celltrion Inc 189,500 KRW 139 76.5 20,218,385 100.0 -0.3 -4.3 -34.0 420 84,242.2
0.00 83.8 8.9 33.6 7.4 11.1 Dec 21 B0V3YP0 2.5 0.14 Celltrion Pharm 78,400 KRW 38 51 1,502,278 0.0 -7.4 -37.0 -53.3 98 8,256.8
1.22 14.5 1.5 14.9 1.2 10.8 Dec 21 6771708 1.5 0.08 GREEN CROSS 164,000 KRW 11 47 879,728 0.0 -5.2 -24.8 -57.4 27 4,606.4
0.16 48.3 4.7 18.6 3.1 10.2 Dec 21 B613DJ9 3.9 0.22 Hanmi Pharmaceutical 308,000 KRW 12 60.7 2,285,376 100.0 -0.5 11.6 1.7 23 7,287.9
0.45 64.8 4.2 +ve 3.1 6.7 Dec 21 6146083 1.0 0.06 Hanmi Science 43,300 KRW 67 21 611,711 100.0 5.9 -20.1 -39.8 83 3,426.5
0.00 -12.3 2.8 -17.0 +ve -20.2 Dec 21 B0P5XC2 0.9 0.05 Helixmith 16,550 KRW 38 85 529,778 25.0 -9.1 -27.1 -30.6 205 3,621.7
0.00 7.7 1.9 44.4 4.0 30.2 Dec 21 B3L2NF1 0.9 0.05 Medy-Tox 122,300 KRW 6 75 556,079 100.0 6.1 -15.0 -29.7 32 3,785.9
0.00 +ve 11.9 +ve 37.9 8.3 Dec 21 BYNJCV6 25.8 1.46 Samsung Biologics 835,000 KRW 71 25.6 15,253,527 100.0 -3.5 -6.5 -12.6 49 42,490.1
1.27 3.0 1.5 4.9 1.2 62.3 Dec 21 B679Q36 1.5 0.09 Seegene 31,550 KRW 52 54.8 892,369 0.0 -20.5 -48.3 -52.1 619 22,116.0
0.00 -ve 3.9 -19.4 7.3 -2.7 Dec 21 6806116 1.6 0.09 Shin Poong Pharm 27,950 KRW 49 67.1 924,978 0.0 -1.2 -12.5 -60.4 365 10,190.6
0.00 81.1 12.6 -60.4 13.4 16.8 Dec 21 BLF9YV7 2.9 0.17 SK Biopharmaceutical 71,600 KRW 78 30.9 1,737,206 0.0 -8.2 -26.3 -42.9 125 9,513.3
0.00 24.1 5.4 16.1 9.3 38.4 Dec 21 BMG75K3 3.8 0.21 SK Bioscience 113,000 KRW 77 25.8 2,237,088 0.0 -7.4 -49.8 -64.0 414 50,582.9
0.67 35.9 2.0 38.6 2.3 5.7 Dec 21 6988337 4.8 0.27 Yuhan 56,800 KRW 67 74.4 2,845,992 100.0 -1.7 -8.5 -4.6 135 7,758.5
0.25 42.1 5.7 48.3 7.9 14.6 59,097,873 -2.4 -13.5 -34.1 - -
Banks
8.35 2.6 0.3 -1.9 0.5 10.2 Dec 21 B3S98W7 2.9 0.19 BNK Financial Group 6,710 KRW 324 89 1,937,473 0.0 -1.2 -20.1 -13.5 983 6,660.3
8.46 2.4 0.3 0.4 0.3 11.0 Dec 21 B68N347 1.7 0.11 DGB Financial Group 7,450 KRW 169 90.3 1,138,281 0.0 -3.5 -20.6 -18.1 450 3,401.1
8.15 3.1 0.4 -12.4 0.7 12.1 Dec 21 B0RNRF5 17.0 1.08 Hana Financial Group 39,250 KRW 292 98.3 11,252,754 0.0 5.5 -6.7 -12.9 1,150 44,439.0
8.15 3.2 0.3 0.4 0.7 9.8 Dec 21 6462972 3.7 0.23 Industrial Bk of Kor 9,570 KRW 744 33.9 2,419,226 0.0 1.9 -7.1 -7.1 696 6,674.4
0.00 58.3 2.4 -2.3 12.2 5.4 Dec 21 BNXKTM2 6.9 0.44 KakaoBank 27,300 KRW 476 35.4 4,604,895 -11.7 -53.7 -67.5 2,321 69,145.7
6.45 4.0 0.4 2.3 0.5 11.2 Dec 21 B3DF0Y6 28.8 1.82 KB Financial Group 49,450 KRW 390 99.1 19,100,107 0.0 2.1 -10.1 -6.5 910 45,627.8
2.19 4.5 0.4 -2.6 0.7 9.8 Dec 21 6397502 27.4 1.73 Shinhan Financial Gr 36,600 KRW 517 95.9 18,139,612 0.0 2.5 -0.5 -5.8 1,012 36,295.5
1.23 3.3 0.4 0.7 0.7 11.9 Dec 21 BGHWH98 11.6 0.73 Woori Financial Grou 12,200 KRW 728 86.5 7,687,143 0.0 2.5 -3.9 8.4 2,107 25,585.8
4.67 4.0 0.4 3.9 0.6 10.9 66,279,492 1.6 -12.0 -12.3 - -
Finance and Credit Services
7.34 5.8 0.4 -1.3 1.0 7.9 Dec 21 B1WQQ48 100.0 0.09 Samsung Card 31,350 KRW 107 28 936,706 0.0 -2.2 -0.5 -8.1 51 1,621.0
7.34 5.8 0.4 -1.3 1.0 7.9 936,706 -2.2 -0.5 -8.1 - -
Investment Banking & Brokerage
10.83 1.7 0.4 -0.7 0.8 27.4 Dec 21 6654586 27.3 0.21 Korea Investment Hol 56,800 KRW 53 71.9 2,154,098 100.0 -10.0 -29.6 -40.4 190 11,391.7

5–112
August 2022 FTSE Russell

Korea - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% KRW (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Investment Banking & Brokerage
4.57 3.3 0.4 -3.1 1.0 13.0 Dec 21 6249658 21.9 0.16 Mirae Asset Daewoo 6,560 KRW 471 55.6 1,721,921 100.0 -0.5 -24.2 -25.6 645 4,251.3
7.76 2.2 0.3 -2.1 0.7 13.0 Dec 21 BF0Q262 6.7 0.05 Mirae Asset Daewoo P 3,865 KRW 137 100 529,505 100.0 -1.7 -16.6 -18.6 93 363.7
10.55 3.5 0.5 1.0 1.2 15.0 Dec 21 6537085 17.1 0.13 NH Investment & Secu 9,950 KRW 331 40.8 1,344,486 0.0 0.0 -20.4 -24.9 438 4,371.3
11.21 3.1 0.5 -1.5 1.2 17.2 Dec 21 6408448 27.0 0.20 Samsung Securities 33,900 KRW 89 70.3 2,129,187 0.0 -3.1 -24.5 -31.4 196 6,808.4
9.31 2.5 0.4 -2.0 1.0 16.5 7,879,198 -4.0 -24.7 -31.0 - -
Life Insurance
0.00 1.4 0.2 0.3 0.1 14.0 Dec 21 B62B9W7 13.9 0.06 Hanwha Life Insuranc 2,310 KRW 751 36.4 632,317 0.0 0.2 -21.3 -30.7 1,219 2,803.2
4.84 6.9 0.7 4.4 0.4 10.6 Dec 21 B12C0T9 86.1 0.37 Samsung Life Insuran 62,000 KRW 180 35.2 3,919,751 0.0 2.1 -3.3 -16.8 158 9,698.5
4.17 4.5 0.5 1.6 0.2 11.8 4,552,068 1.9 -6.3 -19.0 - -
Non-life Insurance
5.86 4.0 0.6 2.0 0.2 15.8 Dec 21 6155937 21.9 0.25 DB Insurance 59,700 KRW 60 73.8 2,647,940 0.0 -1.5 10.6 1.7 139 8,725.5
4.70 5.6 0.6 2.5 0.1 11.3 Dec 21 B01LXY6 15.4 0.18 Hyundai Marine & Fir 31,500 KRW 79 75.4 1,867,733 0.0 -4.0 37.3 23.0 339 11,327.9
0.68 4.5 1.1 -1.3 0.3 26.3 Dec 21 B4WRJD2 6.6 0.08 Meritz Finance Holdi 30,800 KRW 123 21 795,667 0.0 17.3 -30.0 7.1 137 3,992.9
6.15 6.6 0.9 10.4 0.4 13.6 Dec 21 6155250 52.6 0.61 Samsung Fire & Marin 195,000 KRW 40 82 6,368,545 0.0 -1.3 -3.5 -13.7 69 13,703.2
7.53 5.4 0.7 8.5 0.3 13.6 Dec 21 6155261 3.5 0.04 Samsung Fire & Marin 159,500 KRW 3 100 427,655 0.0 1.3 0.3 -7.3 5 835.8
5.55 5.4 0.7 5.6 0.2 14.1 12,107,540 -0.6 3.8 -6.5 - -
Automobiles and Parts
1.84 7.5 0.6 5.5 0.6 8.0 Dec 21 B7T5KQ0 3.8 0.27 Hankook Technology G 37,950 KRW 122 60 2,777,684 25.0 9.1 -4.4 -18.6 338 12,867.5

Country Details
3.50 12.4 2.3 8.6 0.7 19.8 Dec 21 B00LR01 2.2 0.16 Hanon Systems 10,300 KRW 534 30 1,649,585 100.0 -3.3 -23.4 -37.4 435 4,625.2
1.86 8.1 0.6 7.5 0.5 7.0 Dec 21 6449544 17.9 1.26 Hyundai Mobis 215,000 KRW 91 67.2 13,162,799 0.0 -5.9 -15.5 -22.5 213 46,618.3
2.55 7.8 0.7 -43.4 0.4 9.1 Dec 21 6451055 36.8 2.59 Hyundai Motor 196,000 KRW 201 69 27,137,796 0.0 0.0 -6.2 -7.8 737 141,947.3
5.47 3.7 0.3 -20.7 0.2 9.1 Dec 21 6148272 4.4 0.31 Hyundai Motor 2nd Pf 93,300 KRW 35 100 3,277,804 0.0 -1.0 -7.6 -6.0 56 5,205.8
5.54 3.6 0.3 -20.2 0.2 9.1 Dec 21 6451022 2.7 0.19 Hyundai Motor Pfd. 91,200 KRW 22 100 2,021,876 0.0 -3.1 -7.4 -11.0 43 3,946.8
0.92 21.4 0.6 7.0 0.3 3.0 Dec 21 B3LF565 1.6 0.11 Hyundai Wia 76,000 KRW 27 59 1,191,230 0.0 11.6 -4.9 -16.9 206 14,639.8
3.71 6.1 0.9 4.4 0.5 16.3 Dec 21 6490928 28.1 1.98 KIA Motors 80,800 KRW 401 63.9 20,700,549 0.0 -0.5 -1.7 -5.1 1,146 91,160.8
1.48 11.8 1.4 6.1 0.4 13.4 Dec 21 BQJZQJ8 2.4 0.17 Mando 54,000 KRW 47 70 1,769,971 100.0 -5.6 -14.8 -11.0 214 11,851.7
2.91 6.9 0.7 11.0 0.4 9.5 73,689,295 -1.1 -7.6 -11.7 - -
Household Goods & Home Constr.
1.96 9.8 2.4 14.6 1.3 27.9 Dec 21 6173401 87.6 0.34 Coway 63,700 KRW 73 77.3 3,576,841 25.0 -0.6 -14.4 -18.5 98 6,240.1
4.37 15.0 1.5 32.2 0.4 9.9 Dec 21 6536684 12.4 0.05 Hanssem 53,800 KRW 17 55 504,836 100.0 -6.3 -41.9 -53.6 70 3,882.6
2.26 10.2 2.2 15.7 1.0 24.2 4,081,677 -1.4 -19.2 -25.6 - -
Leisure Goods
0.00 -58.4 12.0 -95.9 75.2 -19.6 Dec 21 6517407 12.5 0.42 HLB 49,300 KRW 107 83 4,359,159 25.0 17.5 41.7 -11.2 1,113 51,388.3
0.00 7.5 2.0 18.2 4.1 35.6 Dec 21 BMGYMB4 4.3 0.14 Kakao Games 52,800 KRW 79 36.5 1,514,102 0.0 4.1 -42.0 -35.0 935 53,350.0
0.00 22.0 2.5 16.2 6.1 18.1 Dec 21 BMBP900 20.6 0.69 Krafton 246,500 KRW 47 62.1 7,188,771 5.6 -46.4 -49.8 142 36,201.3
0.84 12.0 1.1 6.7 0.2 9.3 Dec 21 6520739 31.0 1.04 LG Electronics 101,000 KRW 163 65.8 10,834,858 25.0 7.0 -26.8 -28.9 768 76,018.1
1.90 5.6 0.5 3.1 0.1 9.3 Dec 21 6520966 2.3 0.08 LG Electronics Pfd. 47,300 KRW 17 100 812,675 0.0 2.2 -27.8 -32.3 23 1,098.8
1.55 19.3 2.4 19.7 3.3 12.7 Dec 21 6264189 17.0 0.57 Ncsoft 378,500 KRW 20 77.4 5,953,593 100.0 1.6 -41.1 -42.7 106 40,602.3
0.83 15.0 0.9 37.8 2.1 6.2 Dec 21 BF2S426 3.1 0.10 Netmarble 63,500 KRW 82 20.7 1,078,550 100.0 -11.9 -49.2 -50.8 231 15,778.0
0.00 8.3 0.5 4.0 0.5 6.4 Dec 21 BCDYQ37 1.2 0.04 NHN 25,350 KRW 36 48 437,144 100.0 -7.1 -43.7 -28.2 86 2,379.8
0.00 50.7 4.8 53.9 8.6 10.1 Dec 21 BYX56S9 5.0 0.17 PearlAbyss 56,800 KRW 61 50.4 1,751,477 0.0 6.6 -58.9 -39.8 400 23,128.0

5–113
1.05 6.7 3.3 21.9 6.2 70.5 Dec 21 B4Y8TB1 3.0 0.10 wemade 62,100 KRW 33 50.5 1,042,883 0.0 4.7 -65.1 31.2 801 57,065.6
0.63 16.5 1.7 12.1 0.6 10.3 34,973,213 5.7 -36.2 -39.3 - -
Personal Goods
1.29 14.0 0.9 3.8 0.5 6.3 Dec 21 6665931 13.6 0.10 AmoreG 34,900 KRW 76 37.3 994,985 100.0 -5.4 -21.3 -39.6 113 3,997.7
0.80 36.4 1.8 12.5 1.7 5.0 Dec 21 B15SK50 48.8 0.34 Amorepacific Corp 123,000 KRW 58 49.7 3,570,622 100.0 -4.7 -26.3 -45.9 201 25,141.4
2.07 14.1 0.7 4.8 0.7 5.0 Dec 21 B1638D8 6.9 0.05 Amorepacific Pfd. 47,550 KRW 11 100 501,729 100.0 -0.9 -35.0 -40.2 8 360.6
0.77 23.4 10.0 18.7 5.0 42.5 Dec 21 BP2NF51 30.7 0.21 F&F 142,500 KRW 38 41.1 2,245,266 -4.7 -24.6 -1.5 130 19,623.9
0.94 24.3 1.8 9.5 1.4 6.2 7,312,602 -4.5 -25.8 -42.3 - -
Media
4.52 12.6 2.0 8.9 0.7 16.6 Dec 21 6093231 31.4 0.14 Cheil Worldwide 21,900 KRW 101 68 1,508,243 25.0 -3.9 -4.2 -5.2 228 5,108.0
0.00 40.8 2.7 42.3 6.0 9.2 Dec 21 BNGCJ25 68.6 0.31 HYBE 181,500 KRW 41 43.8 3,294,333 0.0 3.4 -48.0 -37.3 274 48,488.8
1.42 24.0 2.4 19.4 1.7 12.5 4,802,576 1.0 -39.1 -29.8 - -
Retailers
2.14 3.2 0.5 2.6 0.6 17.9 Dec 21 6199753 9.6 0.10 CJ ENM 98,300 KRW 21 49 998,484 100.0 -3.2 -29.2 -35.8 62 6,149.4
2.04 1.7 0.3 2.8 0.1 17.9 Dec 21 B682TF7 18.9 0.19 E-Mart 97,800 KRW 28 71.9 1,954,785 25.0 -13.5 -35.2 -45.4 162 16,690.5
3.21 7.2 1.2 3.6 0.5 18.1 Dec 21 B66CTX7 15.4 0.15 Fila Korea 31,200 KRW 60 85 1,593,742 100.0 2.6 -13.0 -30.5 267 8,270.3
0.27 64.0 4.8 +ve 0.7 7.2 Dec 21 6440332 21.9 0.22 Hotel Shilla 73,800 KRW 37 83 2,273,327 100.0 2.8 -5.4 -17.8 182 13,191.6
1.78 6.6 0.3 2.7 0.4 4.7 Dec 21 6568610 8.7 0.09 Hyundai Dept Strs 61,900 KRW 22 66.5 900,718 0.0 -7.1 -17.6 -23.4 87 5,662.1

5–113
FTSE All-World Review August 2022

Korea - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% KRW (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Retailers
2.83 -13.7 0.3 1.8 0.2 -2.1 Dec 21 B0WGPZ5 10.7 0.11 Lotte Shopping 98,800 KRW 28 39.5 1,103,660 0.0 3.6 13.3 -8.1 60 5,939.9
1.34 6.6 0.6 2.0 0.3 9.2 Dec 21 6805049 14.8 0.15 Shinsegae 223,500 KRW 10 69.8 1,535,828 100.0 2.3 -12.0 -16.9 55 12,219.1
1.80 5.1 0.5 3.2 0.3 10.5 10,360,543 -2.2 -16.9 -28.1 - -
Travel and Leisure
0.00 +ve 2.2 -36.4 8.9 1.3 Dec 21 BCGD8Q8 11.9 0.11 Hanjin KAL 52,800 KRW 67 31.5 1,111,918 0.0 -12.0 -14.0 -19.9 75 4,375.3
0.00 -ve 1.7 25.5 6.8 -0.3 Dec 21 6683449 30.2 0.27 Kangwon Land 26,550 KRW 203 52.1 2,808,704 25.0 2.5 10.4 -4.2 390 10,147.3
0.00 15.8 1.4 3.0 1.0 13.2 Dec 21 6496766 50.1 0.45 Korean Air Lines 26,850 KRW 348 49.9 4,668,560 100.0 6.1 -8.5 -14.2 1,351 35,237.6
0.00 -29.7 1.1 -39.0 3.3 -3.9 Dec 21 6560939 7.8 0.07 Paradise 16,000 KRW 86 53 725,306 100.0 18.1 7.0 -5.9 563 8,540.0
0.00 34.2 1.5 5.8 1.8 5.4 9,314,488 3.3 -3.2 -11.6 - -
Beverages
2.62 25.8 1.9 3.4 1.0 7.5 Dec 21 B05R492 66.5 0.09 Hite Jinro 30,500 KRW 69 44.1 924,207 0.0 0.8 1.2 -8.5 236 7,299.9
1.94 10.8 1.2 4.8 0.6 11.8 Dec 21 6535443 33.5 0.04 Lotte Chilsung Bever 154,500 KRW 9 32.5 465,918 25.0 -13.0 15.7 6.6 41 6,651.8
2.39 17.6 1.6 3.7 0.8 9.5 1,390,125 -4.3 6.4 -3.2 - -
Food Producers
1.72 8.5 1.1 4.5 0.2 13.4 Dec 21 B2492F5 35.7 0.31 CJ Cheiljedang 407,500 KRW 15 53.3 3,197,674 100.0 4.1 5.2 -10.1 43 17,701.6
4.20 3.5 0.4 1.8 0.1 13.4 Dec 21 B24GTQ6 2.5 0.02 CJ CheilJedang Pfd. 168,000 KRW 1 100 222,819 0.0 -0.6 -5.4 -16.6 2 265.5
2.86 21.2 1.7 28.5 4.5 8.1 Dec 21 6605993 8.4 0.07 Dongsuh Co Inc 24,450 KRW 99 31 747,888 0.0 -3.4 -21.1 -15.4 41 1,018.4
3.62 8.0 0.4 5.6 0.3 5.5 Dec 21 6535432 12.1 0.10 Lotte Holdings 41,450 KRW 71 36.9 1,084,001 100.0 11.0 38.6 16.8 176 6,913.8
1.33 17.2 0.8 10.7 0.7 4.8 Dec 21 6638115 10.7 0.09 Nong Shim 300,000 KRW 6 54.9 953,266 0.0 7.3 -5.8 0.5 29 8,556.1
0.76 14.9 1.8 9.6 1.7 13.0 Dec 21 BDVLJ72 23.7 0.20 Orion 98,400 KRW 40 54.6 2,124,497 100.0 -2.1 -4.9 -22.2 140 14,410.2
1.67 11.9 1.1 10.4 0.6 9.4 Dec 21 6658373 6.9 0.06 Ottogi 479,000 KRW 3 38 618,987 25.0 6.6 5.0 -7.4 5 2,396.3
1.83 10.4 0.9 6.3 0.4 11.0 8,949,133 3.0 1.2 -10.4 - -
Tobacco
5.77 10.1 1.1 6.9 1.9 10.9 Dec 21 6175076 100.0 0.85 KT&G 83,200 KRW 120 88.9 8,875,711 0.0 1.6 5.3 2.0 208 16,983.5
5.77 10.1 1.1 6.9 1.9 10.9 8,875,711 1.6 5.3 2.0 - -
Personal Care, Drug & Grocery St.
1.87 17.4 3.4 5.2 0.4 21.2 Dec 21 BD95QN1 11.1 0.10 BGF Retail 160,500 KRW 17 35.8 995,284 100.0 -11.3 10.3 -10.1 54 9,190.2
4.72 3.0 0.6 3.5 0.3 26.9 Dec 21 B7F9Q79 11.0 0.09 GS Retail 25,400 KRW 102 37.8 983,239 25.0 3.5 -16.4 -25.9 176 4,426.9
1.69 13.6 2.2 11.9 1.5 17.3 Dec 21 6344456 69.4 0.59 LG H&H 712,000 KRW 15 59.6 6,220,910 100.0 -8.6 -35.1 -51.3 37 26,770.2
3.29 7.0 1.1 6.1 0.8 17.3 Dec 21 6346935 8.6 0.07 LG H&H 366,500 KRW 2 100 768,279 100.0 -3.2 -40.5 -46.7 3 1,006.6
2.18 9.4 1.7 8.0 0.8 18.6 8,967,711 -7.3 -30.8 -46.1 - -
Construction and Materials
0.00 4.3 0.7 1.2 0.2 16.8 Dec 21 6344122 3.8 0.09 Daewoo Eng & Constr 5,200 KRW 411 42.8 916,288 25.0 -1.0 -9.9 -29.3 1,731 9,263.0
2.84 1.7 0.4 4.6 0.6 25.6 Dec 21 6249584 3.3 0.08 DL 66,800 KRW 21 57.7 806,987 100.0 2.8 9.7 -7.6 106 7,180.3
3.30 3.0 0.4 3.0 0.2 14.2 Dec 21 BNGJH11 5.1 0.12 DL E&C 40,950 KRW 39 77.8 1,232,934 100.0 1.0 -31.2 -41.9 244 10,324.4
4.31 5.8 0.6 2.3 0.3 10.1 Dec 21 6537096 7.8 0.18 GS Eng & Constructio 30,150 KRW 85 73.4 1,879,719 0.0 1.2 -23.9 -32.6 651 20,193.1
4.82 4.6 0.3 26.9 0.2 6.4 Dec 21 BD0BBZ5 2.4 0.05 HDC Hyundai Developm 12,450 KRW 66 69.5 570,793 0.0 0.8 -45.6 -58.4 286 3,620.7
1.24 12.9 0.7 5.3 0.3 6.0 Dec 21 6450988 14.4 0.33 Hyundai Eng & Constr 48,200 KRW 111 64.9 3,488,239 0.0 14.4 8.4 -13.2 861 40,078.3
2.90 18.4 1.7 13.9 1.3 9.3 Dec 21 B29ZGV2 3.6 0.08 KEPCO Plant Service 41,350 KRW 45 46.8 872,189 0.0 8.1 7.3 10.0 300 12,414.3
3.49 11.4 0.6 16.5 0.6 5.7 Dec 21 BSXN8K7 41.5 0.96 Samsung C&T 120,500 KRW 164 51 10,050,465 100.0 0.0 1.3 -9.4 246 29,880.6
0.00 12.0 2.3 6.2 0.6 21.3 Dec 21 6765239 15.2 0.35 Samsung Eng 23,450 KRW 196 80 3,676,960 25.0 19.6 2.4 4.9 1,229 27,019.1
6.44 17.7 2.1 9.8 2.1 11.6 Dec 21 6837280 3.1 0.07 SsangYong Cement Ind 6,830 KRW 502 21.7 746,465 0.0 2.4 -11.4 -19.0 352 2,427.7
2.64 7.8 0.7 5.8 0.4 9.3 24,241,038 5.1 -4.8 -15.8 - -
Aerospace and Defense
0.86 12.6 1.4 4.2 0.6 11.9 Dec 21 6772671 39.6 0.27 Hanwha Aerospace 81,400 KRW 51 68 2,799,118 100.0 26.4 69.6 59.9 1,950 138,139.6
0.33 53.5 4.7 13.5 2.3 9.0 Dec 21 B3N3363 60.4 0.41 Korea Aerospace Indu 61,000 KRW 98 71.7 4,265,574 25.0 7.0 88.0 85.7 1,685 97,767.3
0.54 23.3 2.5 7.2 1.1 11.0 7,064,692 13.9 78.6 72.8 - -
Electronic and Electrical Equipment
0.19 +ve 19.6 -ve 7.3 20.8 Dec 21 BJ321P7 27.1 0.41 Ecopro Bm 112,200 KRW 97 40 4,339,503 0.0 -6.0 -9.3 41.8 942 113,355.4
0.00 +ve 13.6 +ve 6.1 11.7 Dec 21 BNSP8W5 69.5 1.06 LG Energy Solution 462,500 KRW 234 10.2 11,117,869 9.6 - - 368 166,274.3
0.21 +ve 4.9 -35.0 3.8 4.4 Dec 21 BJVLVG7 3.4 0.05 Solus Advanced Mater 41,800 KRW 35 37.2 546,659 0.0 0.1 -51.4 -30.0 204 9,101.4
0.06 +ve 13.9 +ve 6.2 12.6 16,004,030 4.5 -3.0 16.0 - -
General Industrials
2.94 2.4 0.4 0.7 0.1 18.0 Dec 21 6189516 6.9 0.10 CJ Corp 78,200 KRW 27 47.2 998,950 0.0 -2.0 -6.2 -23.0 32 2,540.3
4.34 2.8 0.4 4.2 0.2 16.2 Dec 21 B01RJV3 16.2 0.22 GS Holdings 46,050 KRW 93 54.6 2,336,555 8.6 10.6 17.8 8.4 168 7,334.8
2.38 -ve 0.4 7.1 0.4 -0.2 Dec 21 6490917 8.8 0.12 KCC Corp 294,500 KRW 8 56 1,262,983 0.0 1.0 -6.5 -18.2 35 10,468.0
3.35 5.0 0.6 12.6 2.6 12.5 Dec 21 6537030 50.2 0.69 LG Corp 82,000 KRW 157 56 7,227,161 100.0 1.1 1.4 -14.0 167 13,739.3
4.74 4.2 0.4 3.9 0.3 10.5 Dec 21 6440020 17.8 0.24 Lotte Chemical 175,000 KRW 34 42.7 2,562,430 25.0 -0.8 -19.4 -30.0 85 15,352.0
3.65 4.4 0.5 4.3 0.4 11.9 14,388,079 1.9 -1.6 -14.8 - -
Industrial Engineering
5.19 7.9 0.8 7.9 0.6 10.5 Dec 21 BYX9GP8 8.7 0.08 Doosan Bobcat 34,700 KRW 100 23.9 833,484 25.0 11.6 -14.8 -20.0 267 8,785.4
0.00 19.2 2.1 12.7 1.1 14.7 Dec 21 6294670 82.5 0.76 Doosan Heavy Industr 20,350 KRW 632 61.4 7,905,058 0.0 8.5 -0.2 0.3 7,259 152,302.7

5–114
August 2022 FTSE Russell

Korea - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% KRW (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Industrial Engineering
0.00 2.3 0.9 -0.8 0.3 28.4 Dec 21 6211679 8.8 0.08 Hyundai Doosan Infra 6,170 KRW 197 68.8 838,261 25.0 10.8 -12.9 -34.4 2,875 17,912.0
0.45 10.8 1.7 -26.2 0.8 17.3 9,576,803 9.0 -3.1 -5.2 - -
Industrial Support Services
2.35 2.5 0.5 0.3 0.0 18.9 Dec 21 6496755 22.1 0.13 Hanwha 31,850 KRW 69 60.8 1,331,619 0.0 15.6 1.4 -8.5 428 13,063.5
5.02 0.4 0.1 0.0 0.0 18.9 Dec 21 BD05641 6.0 0.03 Hanwha Pfd. 15,950 KRW 23 100 358,428 0.0 6.3 -0.3 -0.3 49 765.9
0.00 -ve 4.9 52.6 18.0 -1.8 Dec 21 BP8ZCS3 21.7 0.12 Kakao Pay 62,200 KRW 133 15.8 1,302,515 -1.1 -64.4 - 587 40,843.1
2.98 5.8 1.0 -6.6 0.1 17.1 Dec 21 6344274 21.9 0.13 Posco International 26,850 KRW 123 39.6 1,313,783 0.0 30.7 19.6 18.0 1,478 37,119.7
4.30 13.6 1.4 5.9 0.9 10.2 Dec 21 6180230 18.3 0.11 S1 Corporation 58,200 KRW 34 56 1,101,943 25.0 -8.8 -21.2 -29.1 53 3,186.7
2.64 8.1 0.5 2.2 0.1 5.8 Dec 21 B04PZG1 10.0 0.06 Sk Networks 4,540 KRW 219 60.8 603,876 0.0 4.5 -9.6 -18.3 1,214 5,575.0
2.52 3.4 0.5 0.5 0.1 16.2 6,012,166 7.4 -8.4 -15.1 - -
Industrial Transportation
0.00 27.0 0.8 6.9 0.2 3.0 Dec 21 6497112 3.1 0.09 CJ Logistics 118,500 KRW 20 40.8 966,185 100.0 1.7 -6.0 -30.7 45 5,449.0
0.00 -1.3 -18.8 4.4 0.5 -ve Dec 21 6211732 3.1 0.09 Daewoo Shipbuilding 20,150 KRW 107 44.2 956,751 0.0 1.5 -12.6 -28.2 423 8,894.4
2.15 8.3 1.1 6.0 0.3 14.7 Dec 21 B0V3XR5 10.6 0.31 Hyundai Glovis 176,500 KRW 38 49 3,243,188 25.0 -3.0 5.1 -9.0 108 19,406.1
0.00 -15.7 2.3 16.7 1.5 -14.8 Dec 21 BMDHSH4 6.8 0.20 Hyundai Heavy Indust 143,500 KRW 89 16.3 2,085,090 0.0 14.8 50.7 - 238 33,243.7
1.42 -ve 0.7 21.7 0.2 -0.6 Dec 21 BD4HFT1 10.3 0.30 Hyundai Heavy Indust 63,200 KRW 71 71 3,171,034 100.0 11.1 17.7 -3.2 136 8,170.1
2.70 2.1 1.4 1.4 0.8 +ve Dec 21 6405869 30.4 0.89 Hyundai Merchant Mar 22,250 KRW 489 85.8 9,341,449 0.0 -10.5 -17.3 -47.0 2,195 51,907.9
0.00 -26.7 2.0 61.3 1.5 -7.1 Dec 21 6451066 7.0 0.21 Hyundai Mipo Dockyar 107,000 KRW 40 50.6 2,160,696 100.0 19.0 52.9 40.2 341 35,962.7
0.00 -7.4 0.7 7.9 0.4 -8.9 Dec 21 6446620 13.6 0.40 Korea Shipbuilding 97,200 KRW 71 60.6 4,167,946 100.0 14.8 2.7 -18.0 229 21,533.3

Country Details
1.94 5.0 0.8 3.6 0.6 17.2 Dec 21 B24FX49 3.1 0.09 Pan Ocean 5,150 KRW 535 34.9 963,025 0.0 -8.8 -4.8 -38.0 2,521 13,944.9
0.00 -3.5 1.2 6.0 0.8 -36.8 Dec 21 6772217 11.9 0.35 Samsung Heavy Indust 5,970 KRW 854 71.9 3,670,041 0.0 6.2 5.3 0.4 4,036 24,158.9
1.25 12.2 1.1 3.4 0.5 10.6 30,725,403 1.4 -0.5 -24.7 - -
Industrial Metals and Mining
3.04 2.8 0.2 2.2 0.2 8.9 Dec 21 6461850 9.5 0.24 Hyundai Steel 32,900 KRW 132 56.8 2,459,606 0.0 -3.5 -19.8 -35.5 390 13,025.8
7.06 2.7 0.4 3.0 0.3 15.0 Dec 21 6693233 73.0 1.81 Posco 255,000 KRW 76 98.3 18,970,588 0.0 5.4 -7.1 -24.3 292 72,524.0
0.18 92.7 5.4 +ve 6.5 8.3 Dec 21 6419451 17.5 0.44 Posco Chemical 168,000 KRW 78 35 4,554,837 100.0 27.8 16.7 8.0 817 127,547.6
5.47 3.3 0.4 3.5 0.3 13.8 25,985,032 7.7 -5.4 -21.5 - -
Precious Metals and Mining
2.98 14.7 1.6 19.6 1.2 11.1 Dec 21 6495428 100.0 0.63 Korea Zinc 672,000 KRW 18 55.6 6,614,351 25.0 40.7 31.5 26.3 78 45,670.3
2.98 14.7 1.6 19.6 1.2 11.1 6,614,351 40.7 31.5 26.3 - -
Chemicals
0.00 15.5 1.2 8.8 0.9 9.2 Dec 21 6407768 12.8 0.57 Hanwha Chemical 52,600 KRW 190 59.9 5,993,134 0.0 20.1 48.2 29.1 3,235 152,902.0
7.69 1.8 0.6 1.5 0.4 42.9 Dec 21 6499323 4.8 0.22 Kumho Petro Chemical 130,000 KRW 25 69.9 2,262,718 100.0 0.4 -21.7 -33.2 59 7,688.6
4.00 5.7 1.0 4.0 0.5 19.6 Dec 21 6346924 4.9 0.22 LG Chem Pfd. 301,000 KRW 8 100 2,312,510 25.0 3.4 4.9 -13.0 13 3,865.6
1.90 12.7 2.3 9.0 1.2 19.6 Dec 21 6346913 62.5 2.79 LG Chemical 632,000 KRW 70 65.9 29,247,792 100.0 4.8 2.8 -16.6 195 124,112.5
3.26 3.1 0.8 5.8 1.0 30.6 Dec 21 6496432 2.6 0.12 LOTTE Fine Chemical 70,500 KRW 26 68.3 1,226,957 100.0 7.1 -6.0 0.6 143 9,894.8
1.70 4.3 0.9 7.4 0.9 24.1 Dec 21 6497004 4.5 0.20 OCI 117,500 KRW 24 75.5 2,115,737 25.0 -4.1 13.0 -7.5 612 75,822.5
3.48 10.9 0.9 3.8 0.9 11.8 Dec 21 BF2RZ42 2.8 0.13 SK Chemicals 97,800 KRW 18 76.1 1,309,895 0.0 -6.9 -34.4 -45.7 53 5,420.9
0.91 20.5 2.2 15.4 1.3 11.2 Dec 21 6018085 5.0 0.22 SKC 121,500 KRW 36 53.4 2,327,692 0.0 -10.7 -30.4 -23.8 229 29,704.8
2.06 8.6 1.6 6.7 1.0 20.2 46,796,437 4.6 2.0 -13.9 - -

5–115
Oil Gas and Coal
1.32 38.8 0.9 -32.6 0.3 2.5 Dec 21 B232R05 70.3 0.94 SK Innovation 190,000 KRW 83 62.2 9,795,488 0.0 1.3 -20.3 -23.8 369 72,842.8
5.22 8.2 1.6 7.7 0.4 21.9 Dec 21 6406055 29.7 0.40 S-Oil Corp. 101,500 KRW 113 36.2 4,138,915 0.0 10.6 18.4 6.7 536 50,260.8
2.48 18.5 1.0 59.5 0.4 6.2 13,934,403 3.9 -12.0 -17.0 - -
Electricity
0.00 -2.6 0.2 3.0 0.2 -7.7 Dec 21 6495730 100.0 0.51 Kepco 20,950 KRW 642 39.5 5,319,138 0.0 -6.3 -5.2 -12.7 1,105 23,555.3
0.00 -2.6 0.2 3.0 0.2 -7.7 5,319,138 -6.3 -5.2 -12.7 - -
Gas Water and Multi-utilities
6.27 3.6 0.4 -1.8 0.1 12.9 Dec 21 6182076 100.0 0.11 Korea Gas 43,500 KRW 86 30 1,120,042 0.0 16.9 11.3 20.2 440 18,393.8
6.27 3.6 0.4 -1.8 0.1 12.9 1,120,042 16.9 11.3 20.2 - -
FTSE Korea
2.26 7.6 1.0 6.1 0.7 13.6 1,046,599,935 -0.3 -18.0 -22.7 - -

5–115
FTSE All-World Review August 2022

Kuwait - Overview EMERGING

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
HumanSoft Holding Co Consumer Services 3,460.00 4.88 Gulf Bank Banks 350.00 53.13
Burgan Bank Banks 243.00 3.40 Ahli United Bank B.S Banks 305.00 26.60
Kuwait Finance House Banks 900.00 1.93 Kuwait Finance House Banks 900.00 19.85
Mabanee Co. S.A.K.C. Real Estate Investment & Services 829.00 1.84 Boubyan Bank KSC Banks 835.00 18.29
Boubyan Bank KSC Banks 835.00 0.85 National Bank of Kuw Banks 1,054.00 18.24

Mobile Telecommunica Telecommunications Service Prov. 605.00 0.00 Mabanee Co. S.A.K.C. Real Estate Investment & Services 829.00 13.83
National Bank of Kuw Banks 1,054.00 -1.13 Boubyan Petrochemica Chemicals 917.00 5.04
Boubyan Petrochemica Chemicals 917.00 -1.71 HumanSoft Holding Co Consumer Services 3,460.00 1.73
Gulf Bank Banks 350.00 -2.51 Agility Public Wareh Industrial Transportation 842.00 1.14
Agility Public Wareh Industrial Transportation 842.00 -5.29 Mobile Telecommunica Telecommunications Service Prov. 605.00 -0.98

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Kuwait Finance House Banks 900.00 24.41 0.46 National Bank of Kuw Banks 1,054.00 38.05 7.01
HumanSoft Holding Co Consumer Services 3,460.00 1.59 0.07 Kuwait Finance House Banks 900.00 24.41 4.55
Mabanee Co. S.A.K.C. Real Estate Investment & Services 829.00 2.50 0.05 Ahli United Bank B.S Banks 305.00 9.86 2.48
Boubyan Bank KSC Banks 835.00 4.80 0.04 Gulf Bank Banks 350.00 3.09 1.29
Burgan Bank Banks 243.00 1.09 0.04 Boubyan Bank KSC Banks 835.00 4.80 0.79

Ahli United Bank B.S Banks 305.00 9.86 0.00 Burgan Bank Banks 243.00 1.09 0.16
Boubyan Petrochemica Chemicals 917.00 1.77 -0.03 Boubyan Petrochemica Chemicals 917.00 1.77 0.11
Gulf Bank Banks 350.00 3.09 -0.08 Agility Public Wareh Industrial Transportation 842.00 6.36 0.10
Agility Public Wareh Industrial Transportation 842.00 6.36 -0.35 HumanSoft Holding Co Consumer Services 3,460.00 1.59 0.04
National Bank of Kuw Banks 1,054.00 38.05 -0.43 Mobile Telecommunica Telecommunications Service Prov. 605.00 6.47 -0.07

FTSE Kuwait Index Performance % FTSE Kuwait Index Volatility %

170 100

160 90
80
150
70
140 60
130 50
120 40
30
110
20
100
10
90 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country vol 1m vol 3m

5–116
August 2022 FTSE Russell

Kuwait - Industry/Sector/Style Summary EMERGING

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % KWD (mn) Wgt % Stocks Cont1M%
5.45 9.3 2.2 6.3 1.7 22.6 Telecommunications 437.54 0.00 1.68 -0.98 870.12 0.00 5.55 4.52 1,278 6.47 1 0.00
5.45 9.3 2.2 6.3 1.7 22.6 Telecommunications Service Prov. 437.54 0.00 1.68 -0.98 870.12 0.00 5.55 4.52 1,278 6.47 1 0.00
2.54 26.4 2.7 14.8 6.9 10.5 Financials 595.45 0.03 15.30 20.82 1057.64 0.48 18.23 23.90 16,058 81.31 6 0.02
2.54 26.4 2.7 14.8 6.9 10.5 Banks 593.97 0.03 15.30 20.82 1055.75 0.48 18.23 23.90 16,058 81.31 6 0.02
1.59 18.6 1.9 12.2 10.2 11.0 Real Estate 1275.98 1.84 10.81 13.83 1306.32 1.84 12.53 15.59 494 2.50 1 0.05
1.59 18.6 1.9 12.2 10.2 11.0 Real Estate Investment & Services 574.94 1.84 10.81 13.83 978.86 1.84 12.53 15.59 494 2.50 1 0.05
11.56 6.7 3.2 6.3 4.4 50.2 Consumer Discretionary 412.07 4.88 7.32 1.73 842.50 4.88 20.61 14.34 313 1.59 1 0.07
11.56 6.7 3.2 6.3 4.4 50.2 Consumer Services 412.07 4.88 7.32 1.73 842.50 4.88 20.61 14.34 313 1.59 1 0.07
1.98 25.1 1.1 13.1 4.4 5.4 Industrials 651.31 -5.29 6.92 1.14 1089.65 -5.29 9.08 3.18 1,256 6.36 1 -0.35
1.98 25.1 1.1 13.1 4.4 5.4 Industrial Transportation 600.68 -5.29 6.92 1.14 993.04 -5.29 9.08 3.18 1,256 6.36 1 -0.35
6.54 12.2 1.7 8.6 6.6 15.3 Basic Materials 305.01 -1.71 7.63 5.04 605.26 -1.71 14.11 11.37 350 1.77 1 -0.03
6.54 12.2 1.7 8.6 6.6 15.3 Chemicals 305.01 -1.71 7.63 5.04 605.26 -1.71 14.11 11.37 350 1.77 1 -0.03
2.88 22.0 2.4 13.1 5.6 11.4 FTSE Kuwait 555.27 -0.24 13.35 16.82 997.43 0.12 16.50 20.22 19,750 100.00 11 -

Kuwait - Constituent Report EMERGING

Country Details
Fiscal Weight % Shares MCap Performance Vol Avg (1M)
Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% KWD (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Telecommunications Service Prov.
5.45 9.3 2.2 6.3 1.7 22.6 Dec 21 6600084 100.0 6.47 Mobile Telecommunica 605.00 KWF 4,327 48.8 1,278 0.0 1.7 -1.0 3,223 2.0
5.45 9.3 2.2 6.3 1.7 22.6 1,278 0.0 1.7 -1.0 - -
Banks
2.75 19.5 2.5 16.4 7.0 13.4 Dec 21 B17M2Q5 12.1 9.86 Ahli United Bank B.S 305.00 KWF 11,148 57.2 1,948 0.0 20.7 26.6 13,294 4.0
0.51 72.4 5.5 32.6 11.8 8.0 Dec 21 B15DYL9 5.9 4.80 Boubyan Bank KSC 835.00 KWF 3,739 30.3 948 0.8 17.2 18.3 803 0.7
1.96 21.5 1.1 22.0 2.3 5.2 Dec 21 6155818 1.3 1.09 Burgan Bank 243.00 KWF 3,283 27 216 3.4 1.7 15.2 4,932 1.2
1.90 26.3 1.7 11.1 4.7 6.5 Dec 21 6889515 3.8 3.09 Gulf Bank 350.00 KWF 3,164 55.1 610 -2.5 31.7 53.1 6,118 2.2
1.21 34.2 4.3 28.4 7.7 12.6 Dec 21 6503138 30.0 24.41 Kuwait Finance House 900.00 KWF 9,214 58.1 4,821 1.9 19.0 19.9 13,675 12.2
3.66 23.4 2.2 10.7 6.8 10.0 Dec 21 6889526 46.8 38.05 National Bank of Kuw 1,054.00 KWF 7,552 94.3 7,514 -1.1 11.0 18.2 4,113 4.4
2.54 26.4 2.7 14.8 6.9 10.5 16,058 0.0 15.3 20.8 - -
Real Estate Investment & Services
1.59 18.6 1.9 12.2 10.2 11.0 Dec 21 B00PQY0 100.0 2.50 Mabanee Co. S.A.K.C. 829.00 KWF 1,242 48 494 1.8 10.8 13.8 439 0.4
1.59 18.6 1.9 12.2 10.2 11.0 494 1.8 10.8 13.8 - -
Consumer Services
11.56 6.7 3.2 6.3 4.4 50.2 Dec 21 B13BYX7 100.0 1.59 HumanSoft Holding Co 3,460.00 KWF 122 74.3 313 4.9 7.3 1.7 141 0.5
11.56 6.7 3.2 6.3 4.4 50.2 313 4.9 7.3 1.7 - -

5–117
Industrial Transportation
1.98 25.1 1.1 13.1 4.4 5.4 Dec 21 6890302 100.0 6.36 Agility Public Wareh 842.00 KWF 2,526 59 1,256 -5.3 6.9 1.1 3,897 3.4
1.98 25.1 1.1 13.1 4.4 5.4 1,256 -5.3 6.9 1.1 - -
Chemicals
6.54 12.2 1.7 8.6 6.6 15.3 Apr 22 6000208 100.0 1.77 Boubyan Petrochemica 917.00 KWF 521 73.1 350 -1.7 7.6 5.0 170 0.2
6.54 12.2 1.7 8.6 6.6 15.3 350 -1.7 7.6 5.0 - -
FTSE Kuwait
2.88 22.0 2.4 13.1 5.6 11.4 19,750 -0.2 13.4 16.8 - -

5–117
FTSE All-World Review August 2022

Malaysia - Overview WORLD/EMERGING

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Dialog Group Oil Gas and Coal 2.43 9.95 AMMB Holdings Banks 4.18 37.95
Tenaga Nasional Electricity 8.99 8.84 Alliance Bank Malays Banks 3.53 37.89
PPB Group Food Producers 17.60 8.11 Gamuda Construction and Materials 3.82 26.91
AMMB Holdings Banks 4.18 7.18 Petronas Dagangan Oil Gas and Coal 23.50 17.74
Axiata Group Bhd Telecommunications Service Prov. 3.04 5.92 Public Bank BHD Banks 4.71 12.68

Malaysia Airports Industrial Transportation 5.87 -6.08 Axiata Group Bhd Telecommunications Service Prov. 3.04 -26.57
Astro Malaysia Holdi Media 0.84 -6.70 British Amer Tob Mal Tobacco 10.30 -26.74
Supermax Medical Equipment and Services 0.73 -10.43 Supermax Medical Equipment and Services 0.73 -75.98
Top Glove Corp Medical Equipment and Services 0.81 -16.58 Hartalega Holdings B Medical Equipment and Services 1.66 -77.51
Hartalega Holdings B Medical Equipment and Services 1.66 -39.42 Top Glove Corp Medical Equipment and Services 0.81 -79.76

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Tenaga Nasional Electricity 8.99 5.72 0.47 Public Bank BHD Banks 4.71 13.23 1.45
CIMB Group Holdings Banks 5.37 7.05 0.21 Malayan Banking Banks 8.97 12.60 0.65
Public Bank BHD Banks 4.71 13.23 0.20 CIMB Group Holdings Banks 5.37 7.05 0.58
Dialog Group Oil Gas and Coal 2.43 1.96 0.18 AMMB Holdings Banks 4.18 1.73 0.43
PPB Group Food Producers 17.60 2.33 0.18 Gamuda Construction and Materials 3.82 1.71 0.33

Press Metal Aluminiu Industrial Metals and Mining 4.78 3.33 -0.06 Supermax Medical Equipment and Services 0.73 0.24 -0.69
Malaysia Airports Industrial Transportation 5.87 1.03 -0.07 Axiata Group Bhd Telecommunications Service Prov. 3.04 2.71 -0.92
IHH Healthcare Health Care Providers 6.20 3.23 -0.10 Tenaga Nasional Electricity 8.99 5.72 -0.99
Top Glove Corp Medical Equipment and Services 0.81 0.83 -0.17 Hartalega Holdings B Medical Equipment and Services 1.66 0.55 -1.69
Hartalega Holdings B Medical Equipment and Services 1.66 0.55 -0.37 Top Glove Corp Medical Equipment and Services 0.81 0.83 -3.04

FTSE Malaysia Index Performance % FTSE Malaysia Index Volatility %

120 50

110
40

100
30
90
20
80

70 10

60 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–118
August 2022 FTSE Russell

Malaysia - Industry/Sector/Style Summary WORLD/EMERGING

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % MYR (mn) Wgt % Stocks Cont1M%
3.41 19.9 3.0 5.5 1.9 15.5 Telecommunications 439.78 4.81 -17.53 -17.99 275.46 5.31 -15.74 -15.23 39,740 7.87 4 0.37
3.41 19.9 3.0 5.5 1.9 15.5 Telecommunications Service Prov. 450.09 4.81 -17.53 -17.99 280.27 5.31 -15.74 -15.23 39,740 7.87 4 0.37
15.33 3.2 1.5 3.0 1.1 48.9 Health Care 269.71 -11.86 -45.35 -54.71 404.63 -11.86 -44.61 -52.90 24,494 4.85 4 -0.66
0.97 30.0 2.4 16.5 3.2 8.2 Health Care Providers 784.56 -2.97 -15.53 -3.13 1108.57 -2.97 -14.71 -2.19 16,299 3.23 1 -0.10
43.90 1.2 0.9 1.1 0.5 78.9 Medical Equipment and Services 111.57 -25.43 -68.12 -78.76 173.37 -25.43 -67.53 -77.36 8,195 1.62 3 -0.56
4.47 12.6 1.3 6.3 3.4 10.2 Financials 782.22 1.58 9.22 10.79 525.04 1.58 11.83 16.13 205,324 40.65 8 0.64
4.47 12.6 1.3 6.3 3.4 10.2 Banks 854.78 1.58 9.22 10.79 582.05 1.58 11.83 16.13 205,324 40.65 8 0.64
2.59 -33.1 1.0 16.2 2.1 -2.8 Consumer Discretionary 558.69 -0.29 -1.25 -7.02 294.22 -0.24 1.14 -4.57 25,045 4.96 4 -0.01
7.78 4.9 3.8 3.9 1.0 79.9 Media 133.89 -6.70 -12.11 -22.69 89.67 -6.70 -8.81 -17.33 1,287 0.25 1 -0.02
0.97 47.2 17.8 34.5 6.1 42.8 Retailers 834.62 -2.25 -9.83 -10.33 843.90 -1.97 -9.15 -9.48 4,656 0.92 1 -0.02
2.63 -17.1 0.7 17.7 1.9 -4.2 Travel and Leisure 470.37 0.67 0.75 -5.54 244.07 0.67 3.38 -3.07 19,102 3.78 2 0.03
3.17 15.8 2.1 15.9 1.8 13.9 Consumer Staples 1025.26 3.07 7.43 0.70 579.85 3.13 9.71 3.88 69,284 13.72 9 0.41
2.68 20.7 2.9 13.0 2.0 14.4 Beverages 203.54 3.13 -9.54 -19.73 104.37 3.13 -7.22 -17.67 2,298 0.45 1 0.01
3.06 15.9 2.1 15.7 1.9 13.5 Food Producers 1990.24 3.28 9.23 2.43 1127.91 3.28 11.41 5.56 65,536 12.97 7 0.42
9.22 10.3 7.7 +ve 1.1 75.4 Tobacco 120.58 -5.68 -26.32 -26.74 128.55 -3.45 -21.80 -20.86 1,449 0.29 1 -0.02
3.82 14.6 1.0 10.3 1.2 6.9 Industrials 128.76 -1.74 4.62 -1.23 232.36 -1.31 7.02 2.48 41,981 8.31 6 -0.15
3.28 9.0 0.8 6.0 2.0 9.3 Construction and Materials 317.02 -0.18 23.61 14.61 171.09 0.79 27.58 18.94 13,900 2.75 2 -0.01
4.08 21.2 1.1 16.2 1.0 5.2 Industrial Transportation 411.84 -2.49 -2.34 -6.54 244.97 -2.32 -0.33 -3.22 28,081 5.56 4 -0.14

Country Details
3.50 13.7 3.0 13.8 3.2 22.9 Basic Materials 468.89 -1.20 -7.89 -0.56 809.32 -1.20 -6.57 2.52 41,650 8.24 2 -0.10
0.94 39.3 10.2 +ve 3.6 25.5 Industrial Metals and Mining 259.69 -1.65 -17.30 -11.48 315.29 -1.65 -16.92 -10.76 16,798 3.33 1 -0.06
5.23 9.5 2.0 8.5 3.1 22.5 Chemicals 375.24 -0.90 -1.35 7.30 672.77 -0.90 1.01 13.08 24,851 4.92 1 -0.05
1.81 31.7 3.1 40.3 2.1 10.2 Energy 144.53 7.97 -0.74 -0.52 228.15 7.97 0.20 1.46 16,060 3.18 2 0.24
1.81 31.7 3.1 40.3 2.1 10.2 Oil Gas and Coal 605.91 7.97 -0.74 -0.52 1036.22 7.97 0.20 1.46 16,060 3.18 2 0.24
4.36 14.4 1.0 6.0 1.0 7.1 Utilities 362.18 6.55 -2.94 -10.42 208.12 6.55 -1.11 -6.60 41,573 8.23 3 0.51
4.45 14.1 0.9 5.3 1.0 6.5 Electricity 439.30 8.84 -3.75 -14.05 237.85 8.84 -1.83 -10.35 28,919 5.72 1 0.47
4.17 15.3 1.4 9.1 1.1 9.0 Gas Water and Multi-utilities 283.67 1.67 -2.08 -0.16 176.49 1.67 -0.34 4.17 12,654 2.50 2 0.04
4.41 13.0 1.4 7.4 2.0 11.2 FTSE Malaysia 209.79 1.24 -2.25 -5.22 378.36 1.33 -0.23 -1.54 505,151 100.00 42 -

5–119

5–119
FTSE All-World Review August 2022

Malaysia - Constituent Report WORLD/EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% MYR (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Telecommunications Service Prov.
3.13 16.6 1.5 3.1 1.1 9.4 Dec 21 B2QZGV5 34.4 2.71 Axiata Group Bhd 3.04 MYR 9,177 49 13,670 0.0 5.9 -26.9 -26.6 3,304 9.9
3.63 23.4 46.1 11.2 4.6 +ve Dec 21 6086242 29.3 2.30 Digi.com 3.75 MYR 7,775 39.8 11,628 25.0 3.3 -14.0 -14.8 2,072 7.7
4.68 20.2 4.5 8.7 3.3 21.6 Dec 21 B5387L5 19.3 1.52 Maxis Bhd 3.85 MYR 7,826 25.5 7,684 25.0 4.9 -20.4 -17.7 2,018 7.7
2.18 22.4 3.0 7.4 2.0 13.8 Dec 21 6868398 17.0 1.34 Telekom Malaysia 5.97 MYR 3,774 30 6,759 0.0 5.1 8.5 -2.3 3,974 22.9
3.41 19.9 3.0 5.5 1.9 15.5 39,740 4.8 -17.5 -18.0 - -
Health Care Providers
0.97 30.0 2.4 16.5 3.2 8.2 Dec 21 B83X6P8 100.0 3.23 IHH Healthcare 6.20 MYR 8,803 29.8 16,299 100.0 -3.0 -15.5 -3.1 4,523 28.9
0.97 30.0 2.4 16.5 3.2 8.2 16,299 -3.0 -15.5 -3.1 - -
Medical Equipment and Services
44.13 1.8 1.1 1.5 0.7 64.2 Mar 22 B2QPJK5 34.2 0.55 Hartalega Holdings B 1.66 MYR 3,418 49.3 2,800 100.0 -39.4 -71.0 -77.5 38,535 71.6
10.74 2.7 0.4 6.0 0.7 15.3 Jun 22p B1V7L36 14.7 0.24 Supermax 0.73 MYR 2,665 61.9 1,205 0.0 -10.4 -50.3 -76.0 10,180 8.1
53.29 0.8 1.1 0.8 0.4 +ve Aug 21 B05L892 51.1 0.83 Top Glove Corp 0.81 MYR 8,007 64.9 4,190 100.0 -16.6 -68.9 -79.8 65,038 57.0
43.90 1.2 0.9 1.1 0.5 78.9 8,195 -25.4 -68.1 -78.8 - -
Banks
5.24 8.8 0.9 6.6 2.2 9.7 Mar 22 6556938 1.9 0.77 Alliance Bank Malays 3.53 MYR 1,548 70.9 3,877 0.0 1.4 23.4 37.9 831 2.9
1.20 8.6 0.8 4.1 1.9 10.3 Mar 22 6047023 4.3 1.73 AMMB Holdings 4.18 MYR 3,306 63.3 8,760 0.0 7.2 31.9 38.0 3,823 15.3
4.28 11.2 1.0 3.1 2.4 8.7 Dec 21 6075745 17.3 7.05 CIMB Group Holdings 5.37 MYR 10,474 63.3 35,607 0.0 3.1 -1.5 9.4 11,439 61.2
2.55 13.0 1.4 17.8 5.8 11.1 Jun 22p 6436892 6.4 2.59 Hong Leong Bank 20.90 MYR 2,087 30 13,083 75.0 -0.4 12.2 9.0 1,283 26.7
2.28 8.8 0.9 13.3 2.6 10.7 Jun 22p 6436450 2.1 0.87 Hong Leong Financial 19.42 MYR 1,134 19.9 4,384 0.0 -0.3 12.0 6.5 165 3.2
6.47 12.8 1.3 6.7 3.5 9.8 Dec 21 6556325 31.0 12.60 Malayan Banking 8.97 MYR 11,970 59.2 63,668 0.0 1.2 8.1 6.8 7,799 69.5
3.23 16.1 1.9 12.8 4.9 11.9 Dec 21 B012W42 32.5 13.23 Public Bank BHD 4.71 MYR 19,411 73 66,815 50.0 1.5 13.2 12.7 13,653 63.4
6.97 8.7 0.8 3.9 2.3 10.0 Dec 21 6244675 4.4 1.81 RHB Bank 5.74 MYR 4,143 38.3 9,129 0.0 -2.4 6.9 2.7 3,902 22.8
4.47 12.6 1.3 6.3 3.4 10.2 205,324 1.6 9.2 10.8 - -
Media
7.78 4.9 3.8 3.9 1.0 79.9 Jan 22 B7W5GK3 100.0 0.25 Astro Malaysia Holdi 0.84 MYR 5,215 29.5 1,287 25.0 -6.7 -12.1 -22.7 2,124 1.8
7.78 4.9 3.8 3.9 1.0 79.9 1,287 -6.7 -12.1 -22.7 - -
Retailers
0.97 47.2 17.8 34.5 6.1 42.8 Dec 21 BN4JBJ9 100.0 0.92 MR D.I.Y. GROUP (M) 2.17 MYR 9,425 22.7 4,656 0.0 -2.3 -9.8 -10.3 6,062 13.1
0.97 47.2 17.8 34.5 6.1 42.8 4,656 -2.3 -9.8 -10.3 - -
Travel and Leisure
2.34 -15.3 0.6 10.1 1.3 -3.7 Dec 21 B1VXJL8 56.3 2.13 Genting 4.70 MYR 3,851 59.4 10,759 0.0 -0.6 0.6 -6.9 2,318 10.9
3.01 -20.2 1.2 +ve 4.1 -5.8 Dec 21 B1VXKN7 43.7 1.65 Genting Malaysia BHD 2.99 MYR 5,653 49.3 8,343 0.0 2.4 3.8 0.7 3,549 10.5
2.63 -17.1 0.7 17.7 1.9 -4.2 19,102 0.7 0.7 -5.5 - -
Beverages
2.68 20.7 2.9 13.0 2.0 14.4 Sep 21 6555946 100.0 0.45 Fraser & Neave Hldg 22.38 MYR 367 28 2,298 100.0 3.1 -9.5 -19.7 131 3.0
2.68 20.7 2.9 13.0 2.0 14.4 2,298 3.1 -9.5 -19.7 - -
Food Producers
5.26 4.7 1.0 3.0 0.3 24.5 Dec 21 B8L1DR5 1.6 0.21 FGV Holdings 1.52 MYR 3,645 18.9 1,050 0.0 1.3 2.7 2.0 815 1.2
2.84 15.3 2.4 12.8 1.7 16.5 Jun 22p B1Y3WG1 20.3 2.63 IOI 4.23 MYR 6,249 50.3 13,307 100.0 5.0 13.4 2.7 2,619 10.8
4.32 11.0 2.1 18.7 1.3 19.9 Sep 21 6497446 15.0 1.95 Kuala Lumpur Kepong 23.14 MYR 1,078 39.4 9,834 50.0 5.6 6.2 8.3 1,000 22.5
1.82 54.6 53.5 36.6 5.4 +ve Dec 21 6629335 12.4 1.61 Nestle (Malaysia) 133.00 MYR 235 26 8,118 100.0 -1.3 -0.9 -1.3 64 8.7
1.99 16.7 1.0 91.5 5.2 6.3 Dec 21 6681669 18.0 2.33 PPB Group 17.60 MYR 1,423 47 11,775 50.0 8.1 2.9 -5.0 477 8.0
0.69 56.7 5.0 28.3 2.4 9.1 Mar 22 B00G234 8.4 1.09 QL Resources 5.10 MYR 2,434 44.1 5,483 100.0 -3.8 11.6 -8.3 1,240 6.3
4.55 13.4 2.0 9.3 1.6 15.9 Dec 21 BF6RHY2 24.4 3.16 Sime Darby Plantatio 4.46 MYR 6,916 51.7 15,968 100.0 2.3 18.6 10.7 2,983 13.3
3.06 15.9 2.1 15.7 1.9 13.5 65,536 3.3 9.2 2.4 - -
Tobacco
9.22 10.3 7.7 +ve 1.1 75.4 Dec 21 6752349 100.0 0.29 British Amer Tob Mal 10.30 MYR 286 49.2 1,449 0.0 -5.7 -26.3 -26.7 172 1.8
9.22 10.3 7.7 +ve 1.1 75.4 1,449 -5.7 -26.3 -26.7 - -
Construction and Materials
3.14 13.4 1.1 6.4 2.8 8.2 Jul 21 6359881 62.2 1.71 Gamuda 3.82 MYR 2,554 88.6 8,650 25.0 1.9 31.7 26.9 2,096 7.9
3.51 5.8 0.6 5.4 1.4 10.3 Mar 22 6455217 37.8 1.04 IJM 1.71 MYR 3,506 87.5 5,250 0.0 -3.4 12.5 -0.6 990 1.7
3.28 9.0 0.8 6.0 2.0 9.3 13,900 -0.2 23.6 14.6 - -
Industrial Transportation
0.00 -33.9 1.6 +ve 5.8 -4.3 Dec 21 6188193 18.5 1.03 Malaysia Airports 5.87 MYR 1,659 53.3 5,199 100.0 -6.1 -1.8 -11.5 1,677 10.3
4.65 17.1 0.9 11.5 3.0 5.6 Dec 21 6557997 43.6 2.43 MISC 7.10 MYR 4,464 38.6 12,257 0.0 -1.5 0.7 -1.4 1,283 9.1
5.68 14.1 1.0 20.2 0.4 6.9 Jun 22p B29TTR1 28.8 1.60 Sime Darby 2.29 MYR 6,810 51.7 8,073 0.0 -2.1 -1.3 -3.0 8,823 20.6
4.65 13.3 3.8 10.7 5.9 30.0 Dec 21 BDFM1K8 9.1 0.51 Westports Holdings 3.48 MYR 3,410 21.5 2,552 75.0 -0.6 -14.1 -20.9 1,460 5.1
4.08 21.2 1.1 16.2 1.0 5.2 28,081 -2.5 -2.3 -6.5 - -
Industrial Metals and Mining
0.94 39.3 10.2 +ve 3.6 25.5 Dec 21 BF0J5S4 100.0 3.33 Press Metal Aluminiu 4.78 MYR 8,240 42.6 16,798 100.0 -1.6 -17.3 -11.5 6,625 31.8
0.94 39.3 10.2 +ve 3.6 25.5 16,798 -1.6 -17.3 -11.5 - -
Chemicals
5.23 9.5 2.0 8.5 3.1 22.5 Dec 21 B5KQGT3 100.0 4.92 PETRONAS Chemicals G 8.80 MYR 8,000 35.3 24,851 100.0 -0.9 -1.3 7.3 6,115 53.5

5–120
August 2022 FTSE Russell

Malaysia - Constituent Report WORLD/EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% MYR (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Chemicals
5.23 9.5 2.0 8.5 3.1 22.5 24,851 -0.9 -1.3 7.3 - -
Oil Gas and Coal
1.32 27.0 2.7 29.8 5.9 10.5 Jun 22p B00MRS2 61.8 1.96 Dialog Group 2.43 MYR 5,643 72.3 9,924 100.0 10.0 -7.3 -8.6 3,277 7.6
2.60 44.1 4.2 93.8 1.0 9.4 Dec 21 6695938 38.2 1.21 Petronas Dagangan 23.50 MYR 994 26.2 6,136 25.0 4.9 14.1 17.7 267 6.0
1.81 31.7 3.1 40.3 2.1 10.2 16,060 8.0 -0.7 -0.5 - -
Electricity
4.45 14.1 0.9 5.3 1.0 6.5 Dec 21 6904612 100.0 5.72 Tenaga Nasional 8.99 MYR 5,726 56.1 28,919 0.0 8.8 -3.7 -14.1 2,675 23.1
4.45 14.1 0.9 5.3 1.0 6.5 28,919 8.8 -3.7 -14.1 - -
Gas Water and Multi-utilities
4.15 17.3 2.6 11.0 6.1 15.5 Dec 21 6703972 78.1 1.96 Petronas Gas 17.34 MYR 1,979 28.8 9,889 25.0 1.2 -3.1 3.8 445 7.7
4.24 10.8 0.5 5.7 0.3 4.7 Jun 22p 6436126 21.9 0.55 YTL Corp 0.59 MYR 10,964 42.7 2,765 0.0 3.5 1.7 -12.6 3,436 1.9
4.17 15.3 1.4 9.1 1.1 9.0 12,654 1.7 -2.1 -0.2 - -
FTSE Malaysia
4.41 13.0 1.4 7.4 2.0 11.2 505,151 1.2 -2.3 -5.2 - -

Country Details
5–121

5–121
FTSE All-World Review August 2022

Mexico - Overview WORLD/EMERGING

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Grupo Aeroportuario Industrial Transportation 426.71 11.12 Grupo Comercial Ched Retailers 57.40 84.63
Grupo Aeroportuario Industrial Transportation 131.74 6.10 Grupo Financiero Inb Banks 31.74 65.05
Bachoco Ubl Food Producers 79.97 4.45 Grupo Bimbo S.A.B. d Food Producers 66.22 30.30
Grupo Aeroportuario Industrial Transportation 286.84 3.78 Grupo Aeroportuario Industrial Transportation 286.84 22.64
Qualitas Controlador Non-life Insurance 88.26 2.60 Grupo Aeroportuario Industrial Transportation 426.71 18.39

Orbia Advance Corp General Industrials 38.02 -15.44 Megacable Holdings S Telecommunications Service Prov. 42.25 -39.58
Grupo Financiero Inb Banks 31.74 -15.45 Industrias Penoles Industrial Metals and Mining 165.59 -41.81
Operadora de Sites Telecommunications Service Prov. 20.06 -15.93 Televisa 'Cpo' Media 25.39 -52.04
Industrias Penoles Industrial Metals and Mining 165.59 -19.26 Cemex Sa Cpo Line Construction and Materials 7.47 -54.73
Televisa 'Cpo' Media 25.39 -21.00 Vuela Compania De Av Travel and Leisure 17.98 -55.12

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Grupo Banorte O Banks 118.98 11.46 0.27 Grupo Bimbo S.A.B. d Food Producers 66.22 4.89 0.99
Grupo Aeroportuario Industrial Transportation 426.71 2.85 0.27 Grupo Financiero Inb Banks 31.74 2.11 0.77
Grupo Aeroportuario Industrial Transportation 286.84 3.32 0.11 Grupo Aeroportuario Industrial Transportation 286.84 3.32 0.54
Grupo Aeroportuario Industrial Transportation 131.74 1.20 0.06 Grupo Aeroportuario Industrial Transportation 426.71 2.85 0.38
Fibra Uno Administra Real Estate Investment Trusts 21.09 2.09 0.03 Banco del Bajio Banks 42.02 0.99 0.16

Grupo Bimbo S.A.B. d Food Producers 66.22 4.89 -0.40 Grupo Mexico Industrial Metals and Mining 76.28 8.04 -1.53
Grupo Mexico Industrial Metals and Mining 76.28 8.04 -0.43 Televisa 'Cpo' Media 25.39 2.04 -1.90
Televisa 'Cpo' Media 25.39 2.04 -0.51 America Movil L Telecommunications Service Prov. 17.17 16.38 -2.13
Wal-Mart de Mexico Retailers 65.84 11.33 -1.29 Femsa UBD Beverages 126.27 7.69 -2.53
America Movil L Telecommunications Service Prov. 17.17 16.38 -1.99 Cemex Sa Cpo Line Construction and Materials 7.47 3.67 -3.84

FTSE Mexico Index Performance % FTSE Mexico Index Volatility %

120 60

110 50

100 40

90 30

80 20

70 10

60 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–122
August 2022 FTSE Russell

Mexico - Industry/Sector/Style Summary WORLD/EMERGING

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % MXN (mn) Wgt % Stocks Cont1M%
3.73 5.5 2.7 4.8 1.3 60.7 Telecommunications 147828.0 -11.70 -20.78 -13.24 244564.0 -9.71 -18.82 -10.10 528,067 17.64 3 -2.18
3.73 5.5 2.7 4.8 1.3 60.7 Telecommunications Service Prov. 1.60123e -11.70 -20.78 -13.24 2.65423e -9.71 -18.82 -10.10 528,067 17.64 3 -2.18
4.96 10.4 1.5 4.5 1.7 14.7 Financials 225587.0 -3.05 -9.53 -7.70 415902.0 -2.59 -5.46 -2.25 542,869 18.14 6 -0.53
5.61 9.8 1.4 4.1 1.8 14.7 Banks 261309.0 -1.65 -4.33 -1.67 471584.0 -1.10 0.54 5.07 461,801 15.43 4 -0.24
0.50 18.1 2.3 10.7 1.7 13.5 Investment Banking & Brokerage 4632.20 -12.77 -32.64 -34.73 6248.57 -12.77 -32.34 -34.43 66,204 2.21 1 -0.30
4.53 9.5 1.8 12.6 0.9 19.2 Non-life Insurance 164079.0 2.60 -15.04 -7.34 300079.0 2.60 -11.78 -3.78 14,864 0.50 1 0.01
8.71 10.5 0.6 8.3 4.6 5.5 Real Estate 923.60 -1.32 1.92 -3.58 1042.87 0.50 9.60 5.57 91,777 3.07 3 -0.04
8.71 10.5 0.6 8.3 4.6 5.5 Real Estate Investment Trusts 114363.0 -1.32 1.92 -3.58 276689.0 0.50 9.60 5.57 91,777 3.07 3 -0.04
2.16 17.5 2.8 7.8 1.0 15.3 Consumer Discretionary 78784.60 -11.80 -17.23 -19.79 131527.0 -11.80 -17.01 -18.27 460,914 15.40 5 -1.93
1.38 8.0 0.9 3.4 0.7 11.5 Media 14722.00 -21.00 -34.14 -52.04 21558.30 -21.00 -33.54 -51.61 60,927 2.04 1 -0.51
2.38 22.5 4.3 13.2 1.2 15.9 Retailers 240001.0 -10.22 -11.03 -5.54 451258.0 -10.22 -10.90 -3.36 383,229 12.81 3 -1.36
0.00 9.6 3.3 1.4 0.5 48.9 Travel and Leisure 415.43 -9.96 -51.06 415.43 -9.96 -51.06 16,758 0.56 1 -0.06
2.68 15.6 2.1 7.9 0.9 14.1 Consumer Staples 206247.0 -4.32 -9.03 -9.18 362779.0 -4.28 -7.70 -7.08 602,154 20.12 8 -0.85
3.18 15.6 1.9 7.8 1.0 12.8 Beverages 116695.0 -1.56 -13.07 -18.70 185609.0 -1.50 -11.78 -16.64 377,416 12.61 4 -0.19
1.35 15.2 2.6 7.6 0.8 18.4 Food Producers 113974.0 -8.57 0.00 18.57 162863.0 -8.57 1.29 20.27 202,052 6.75 3 -0.59
6.16 18.0 14.6 16.3 1.8 80.4 Personal Care, Drug & Grocery St. 765.50 -9.09 -12.00 -23.06 829.70 -9.09 -9.32 -18.64 22,686 0.76 1 -0.07
4.85 9.9 1.4 5.7 0.7 14.8 Industrials 32238.80 -3.05 -20.39 -21.08 53304.00 -3.05 -18.29 -17.88 495,423 16.55 9 -0.49
1.53 7.0 0.7 3.6 0.5 10.5 Construction and Materials 7050.15 -8.13 -40.13 -47.13 11310.80 -8.13 -40.06 -46.87 159,638 5.33 3 -0.44

Country Details
5.21 8.0 1.5 4.6 0.3 19.3 General Industrials 77684.60 -11.98 -15.00 -17.53 135010.0 -11.98 -12.45 -14.16 115,271 3.85 3 -0.49
7.06 17.4 4.6 13.0 6.5 26.6 Industrial Transportation 109817.0 6.89 0.39 18.53 261336.0 6.89 5.08 27.79 220,514 7.37 3 0.44
7.55 7.3 1.6 4.8 1.4 24.2 Basic Materials 83466.50 -6.33 -14.96 -19.98 235181.0 -5.26 -11.43 -14.99 271,530 9.07 3 -0.57
7.37 7.3 1.7 4.8 1.6 24.4 Industrial Metals and Mining 93201.90 -6.62 -15.99 -20.95 271702.0 -5.51 -12.54 -16.07 261,236 8.73 2 -0.58
12.26 7.2 1.3 5.3 0.4 19.3 Chemicals 143026.0 1.70 23.74 16.43 376493.0 1.70 32.03 27.28 10,294 0.34 1 0.01
4.19 9.7 1.8 5.7 1.1 20.2 FTSE Mexico 144600.0 -6.59 -15.02 -14.43 261181.0 -5.98 -12.81 -11.05 2,992,734 100.00 37 -

5–123

5–123
FTSE All-World Review August 2022

Mexico - Constituent Report WORLD/EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% MXN (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Telecommunications Service Prov.
3.73 5.1 2.8 4.6 1.3 66.1 Dec 21 2667470 92.9 16.38 America Movil L 17.17 MXN 43,025 66.3 490,312 25.0 -11.5 -20.8 -13.2 110,858 2,047.0
6.67 9.6 1.1 3.3 1.5 11.4 Dec 21 B292SM8 2.4 0.42 Megacable Holdings S 42.25 MXN 858 34.8 12,633 100.0 -10.9 -39.4 -39.6 2,201 99.0
2.39 +ve 2.5 +ve 7.5 0.2 Dec 21 BJLD2Y8 4.8 0.84 Operadora de Sites 20.06 MXN 3,300 37.9 25,122 100.0 -15.9 -4.3 8.6 2,757 59.9
3.73 5.5 2.7 4.8 1.3 60.7 528,067 -11.7 -20.8 -13.2 - -
Banks
18.54 10.3 1.3 7.0 2.2 13.4 Dec 21 BYSX0F3 6.4 0.99 Banco del Bajio 42.02 MXN 1,190 59.5 29,760 25.0 -12.3 14.2 9.3 3,219 148.4
5.11 9.8 1.5 3.5 1.6 15.4 Dec 21 2421041 74.3 11.46 Grupo Banorte O 118.98 MXN 2,884 100 343,074 100.0 2.6 -10.6 -10.3 13,732 1,651.4
0.00 9.4 1.1 6.5 3.2 12.7 Dec 21 2822398 13.7 2.11 Grupo Financiero Inb 31.74 MXN 6,162 32.3 63,250 25.0 -15.5 29.4 65.1 5,194 182.7
11.17 11.6 1.6 15.3 1.9 14.6 Dec 20 BG1Z6X0 5.6 0.86 Regional SAB de CV 108.77 MXN 328 72 25,717 100.0 -2.3 2.4 -11.9 1,248 136.0
5.61 9.8 1.4 4.1 1.8 14.7 461,801 -1.6 -4.3 -1.7 - -
Investment Banking & Brokerage
0.50 18.1 2.3 10.7 1.7 13.5 Dec 21 2967084 100.0 2.21 Grupo Elektra SAB DE 1,044.52 MXN 233 27.1 66,204 100.0 -12.8 -32.6 -34.7 81 91.6
0.50 18.1 2.3 10.7 1.7 13.5 66,204 -12.8 -32.6 -34.7 - -
Non-life Insurance
4.53 9.5 1.8 12.6 0.9 19.2 Dec 21 BYMXF65 100.0 0.50 Qualitas Controlador 88.26 MXN 406 41.4 14,864 0.0 2.6 -15.0 -7.3 2,907 259.2
4.53 9.5 1.8 12.6 0.9 19.2 14,864 2.6 -15.0 -7.3 - -
Real Estate Investment Trusts
9.68 12.7 0.6 11.6 7.5 4.8 Dec 21 BFN0V08 6.1 0.19 Administradora Fibra 23.55 MXN 1,512 15.6 5,553 0.0 1.1 1.9 -4.8 980 22.9
9.86 20.9 0.5 6.9 3.8 2.4 Dec 21 B671GT8 68.0 2.09 Fibra Uno Administra 21.09 MXN 3,949 74.9 62,432 0.0 1.3 -2.5 -7.7 13,382 280.8
5.47 4.5 0.9 16.0 9.1 22.1 Dec 21 BN56JP1 25.9 0.79 Prologis Property Me 52.12 MXN 856 53.3 23,791 -8.2 -8.3 11.9 998 54.8
8.71 10.5 0.6 8.3 4.6 5.5 91,777 -1.3 1.9 -3.6 - -
Media
1.38 8.0 0.9 3.4 0.7 11.5 Dec 21 2380108 100.0 2.04 Televisa 'Cpo' 25.39 MXN 2,827 84.8 60,927 25.0 -21.0 -34.1 -52.0 6,826 194.1
1.38 8.0 0.9 3.4 0.7 11.5 60,927 -21.0 -34.1 -52.0 - -
Retailers
2.80 8.8 1.0 5.6 0.8 12.1 Dec 21 2306814 4.6 0.59 El Puerto de Liverpo 89.84 MXN 197 100 17,739 50.0 -1.8 1.2 0.9 1,408 129.1
0.91 14.8 1.7 4.0 0.3 12.0 Dec 21 B457NQ0 6.9 0.88 Grupo Comercial Ched 57.40 MXN 955 48.2 26,456 0.0 -7.4 35.3 84.6 894 53.0
2.48 25.7 6.2 17.5 1.6 25.2 Dec 21 BW1YVH8 88.5 11.33 Wal-Mart de Mexico 65.84 MXN 17,461 29.4 339,034 100.0 -10.8 -13.5 -7.9 24,413 1,710.4
2.38 22.5 4.3 13.2 1.2 15.9 383,229 -10.2 -11.0 -5.5 - -
Travel and Leisure
0.00 9.6 3.3 1.4 0.5 48.9 Dec 21 BDZDPH6 100.0 0.56 Vuela Compania De Av 17.98 MXN 1,109 84 16,758 50.0 -10.0 -51.1 -55.1 3,867 77.7
0.00 9.6 3.3 1.4 0.5 48.9 16,758 -10.0 -51.1 - - -
Beverages
6.36 18.0 2.0 8.6 1.3 11.3 Dec 21 2823885 16.0 2.02 Arca Continental SAB 137.15 MXN 1,764 25 60,493 47.7 -2.9 5.1 6.0 3,642 511.2
1.02 29.1 2.5 36.5 3.8 9.0 Dec 21 BYM4063 5.9 0.74 Becle S.A.B. de C.V. 41.20 MXN 3,591 15 22,193 75.0 -10.7 -19.8 -19.5 2,418 105.5
4.25 15.6 2.1 8.9 1.3 13.9 Dec 21 BHHP0S4 17.1 2.16 Coca-Cola Femsa SAB 123.18 MXN 525 100 64,695 25.0 -0.2 10.3 5.9 1,507 186.3
2.26 14.5 1.7 6.9 0.8 12.5 Dec 21 2242059 60.9 7.69 Femsa UBD 126.27 MXN 2,161 84.2 230,034 100.0 -0.6 -20.7 -27.8 7,743 979.7
3.18 15.6 1.9 7.8 1.0 12.8 377,416 -1.6 -13.1 -18.7 - -
Food Producers
2.05 9.3 1.0 7.1 0.6 11.3 Dec 21 B1FJ6T9 6.4 0.43 Bachoco Ubl 79.97 MXN 600 26.7 12,835 0.0 4.5 10.0 8.9 301 23.6
2.39 13.2 2.8 8.1 0.9 21.6 Dec 21 2392545 21.1 1.43 Gruma SA B 219.53 MXN 373 52.1 42,730 75.0 -13.4 -16.4 -4.3 842 196.7
0.98 16.9 3.0 7.5 0.8 19.3 Dec 21 2392471 72.5 4.89 Grupo Bimbo S.A.B. d 66.22 MXN 4,466 49.5 146,487 25.0 -8.1 5.2 30.3 6,350 458.6
1.35 15.2 2.6 7.6 0.8 18.4 202,052 -8.6 0.0 18.6 - -
Personal Care, Drug & Grocery St.
6.16 18.0 14.6 16.3 1.8 80.4 Dec 21 2491914 100.0 0.76 Kimberly Clark Mex A 27.29 MXN 1,601 51.9 22,686 100.0 -9.1 -12.0 -23.1 12,911 371.2
6.16 18.0 14.6 16.3 1.8 80.4 22,686 -9.1 -12.0 -23.1 - -
Construction and Materials
1.89 11.7 1.4 5.5 1.8 13.2 Dec 21 2946663 11.8 0.63 Cementos Chihuahua 115.22 MXN 337 48.3 18,791 0.0 -8.5 -27.3 -28.9 535 65.0
0.00 6.2 0.5 2.9 0.4 9.8 Dec 21 2406457 68.8 3.67 Cemex Sa Cpo Line 7.47 MXN 14,712 100 109,895 0.0 -9.2 -46.6 -54.7 57,952 494.8
6.75 9.3 1.3 8.8 4.9 14.0 Dec 21 2393388 19.4 1.03 Promotora y Operador 141.61 MXN 380 57.4 30,952 75.0 -3.7 -11.5 -5.6 745 109.0
1.53 7.0 0.7 3.6 0.5 10.5 159,638 -8.1 -40.1 -47.1 - -
General Industrials
9.41 10.5 1.6 3.2 0.2 15.5 Dec 21 2043423 40.9 1.58 Alfa SAB de CV 12.82 MXN 4,906 75 47,168 0.0 -8.5 -14.6 -9.1 10,902 150.2
1.44 13.6 1.5 35.6 1.3 11.6 Dec 21 2393452 27.1 1.04 Grupo Carso SAB de C 69.33 MXN 2,252 20 31,230 50.0 -12.8 4.7 1.6 899 68.4
3.02 4.9 1.4 3.9 0.4 29.8 Dec 21 BH3T8K8 32.0 1.23 Orbia Advance Corp 38.02 MXN 2,010 48.2 36,873 0.0 -15.4 -27.3 -33.7 6,075 254.0
5.21 8.0 1.5 4.6 0.3 19.3 115,271 -12.0 -15.0 -17.5 - -
Industrial Transportation
3.52 16.2 3.4 13.3 6.8 22.3 Dec 21 2639349 38.6 2.85 Grupo Aeroportuario 426.71 MXN 277 72 85,177 100.0 11.1 0.9 18.4 980 418.3
6.56 18.9 6.3 13.0 6.4 31.6 Dec 21p B0ZV104 45.1 3.32 Grupo Aeroportuario 286.84 MXN 427 81.2 99,476 100.0 3.8 1.7 22.6 3,191 928.7
16.87 16.5 4.8 12.5 6.0 29.4 Dec 21 B1KFX13 16.3 1.20 Grupo Aeroportuario 131.74 MXN 340 79.9 35,861 100.0 6.1 -4.2 8.7 1,631 221.0

5–124
August 2022 FTSE Russell

Mexico - Constituent Report WORLD/EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% MXN (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Industrial Transportation
7.06 17.4 4.6 13.0 6.5 26.6 220,514 6.9 0.4 18.5 - -
Industrial Metals and Mining
7.87 7.2 1.8 5.0 2.0 27.0 Dec 21 2643674 92.1 8.04 Grupo Mexico 76.28 MXN 7,785 40.5 240,711 25.0 -5.4 -14.6 -18.5 14,496 1,132.5
1.53 8.2 0.8 3.1 0.5 10.8 Dec 21 2448200 7.9 0.69 Industrias Penoles 165.59 MXN 398 31.1 20,526 100.0 -19.3 -29.7 -41.8 618 109.4
7.37 7.3 1.7 4.8 1.6 24.4 261,236 -6.6 -16.0 -21.0 - -
Chemicals
12.26 7.2 1.3 5.3 0.4 19.3 Dec 21 B85H8C9 100.0 0.34 Alpek SAB 27.57 MXN 2,109 17.7 10,294 25.0 1.7 23.7 16.4 3,059 84.0
12.26 7.2 1.3 5.3 0.4 19.3 10,294 1.7 23.7 16.4 - -
FTSE Mexico
4.19 9.7 1.8 5.7 1.1 20.2 2,992,734 -6.6 -15.0 -14.4 - -

Country Details
5–125

5–125
FTSE All-World Review August 2022

Netherlands - Overview WORLD/DEVELOPED

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
JDE Peets Beverages 30.72 8.40 Royal KPN Telecommunications Service Prov. 3.17 16.80
CTP NV Real Estate Investment & Services 13.56 8.13 Aegon NV Life Insurance 4.47 6.53
Aegon NV Life Insurance 4.47 4.30 JDE Peets Beverages 30.72 5.57
Ahold Delhaize Personal Care, Drug & Grocery St. 27.40 1.92 ASR Nederland Non-life Insurance 40.67 5.04
ASR Nederland Non-life Insurance 40.67 -0.07 Wolters Kluwer CVA Media 97.44 0.02

Aalberts NV Electronic and Electrical Equipment 36.56 -12.33 Signify NV Construction and Materials 28.37 -40.17
ASML Holding Technology Hardware & Equip. 484.65 -12.74 Adyen Industrial Support Services 1,545.00 -43.50
Koninklijke Philips Medical Equipment and Services 16.65 -17.40 Koninklijke Philips Medical Equipment and Services 16.65 -57.36
Royal DSM Food Producers 127.35 -18.31 Inpost SA Industrial Transportation 5.14 -68.86
Inpost SA Industrial Transportation 5.14 -20.12 Just Eat Takeaway.co Software and Computer Services 16.68 -78.26

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Ahold Delhaize Personal Care, Drug & Grocery St. 27.40 4.90 0.08 Royal KPN Telecommunications Service Prov. 3.17 1.79 0.19
Aegon NV Life Insurance 4.47 1.40 0.05 Aegon NV Life Insurance 4.47 1.40 0.06
JDE Peets Beverages 30.72 0.45 0.03 Galapagos Genomics N Pharmaceuticals & Biotechnology Del Del 0.04
CTP NV Real Estate Investment & Services 13.56 0.16 0.01 ASR Nederland Non-life Insurance 40.67 0.96 0.03
ASR Nederland Non-life Insurance 40.67 0.96 0.00 JDE Peets Beverages 30.72 0.45 0.02

ING Group CVA Banks 8.77 5.86 -0.44 ING Group CVA Banks 8.77 5.86 -1.32
Koninklijke Philips Medical Equipment and Services 16.65 2.56 -0.49 Prosus Software and Computer Services 61.75 9.53 -1.47
Royal DSM Food Producers 127.35 3.91 -0.80 Koninklijke Philips Medical Equipment and Services 16.65 2.56 -2.53
Adyen Industrial Support Services 1,545.00 8.03 -0.94 Adyen Industrial Support Services 1,545.00 8.03 -4.37
ASML Holding Technology Hardware & Equip. 484.65 32.78 -4.34 ASML Holding Technology Hardware & Equip. 484.65 32.78 -10.79

FTSE Netherlands Index Performance % FTSE Netherlands Index Volatility %

180 70

160 60

140 50

120 40

100 30

80 20

60 10

40 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–126
August 2022 FTSE Russell

Netherlands - Industry/Sector/Style Summary WORLD/DEVELOPED

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % EUR (mn) Wgt % Stocks Cont1M%
1.16 20.2 6.0 24.9 9.8 31.5 Technology 9861.64 -10.55 -29.54 -29.91 15365.60 -10.39 -28.94 -29.18 258,744 45.78 5 -4.90
0.00 9.1 1.9 -97.8 9.0 23.6 Software and Computer Services 73.10 -3.11 -21.95 -28.64 100.45 -3.11 -21.95 -28.64 56,946 10.07 2 -0.29
1.48 31.0 16.2 18.4 10.0 46.8 Technology Hardware & Equip. 20162.90 -12.45 -31.46 -30.63 31680.60 -12.26 -30.75 -29.75 201,798 35.70 3 -4.61
4.38 7.7 4.7 6.7 2.4 68.6 Telecommunications 89.73 -1.58 16.12 16.80 281.16 -1.58 21.05 21.76 10,121 1.79 1 -0.03
4.38 7.7 4.7 6.7 2.4 68.6 Telecommunications Service Prov. 1104.53 -1.58 16.12 16.80 1207.43 -1.58 21.05 21.76 10,121 1.79 1 -0.03
5.11 3.6 1.0 2.9 0.8 30.4 Health Care 231.70 -17.40 -47.91 -55.43 411.21 -17.40 -45.95 -53.76 14,472 2.56 1 -0.49
5.11 3.6 1.0 2.9 0.8 30.4 Medical Equipment and Services 236.74 -17.40 -49.19 -56.95 421.79 -17.40 -47.28 -55.33 14,472 2.56 1 -0.49
6.90 5.5 0.5 -2.9 0.7 9.2 Financials 173.42 -5.99 -19.63 -15.15 723.38 -3.97 -14.69 -7.48 62,622 11.08 5 -0.64
7.71 6.7 0.6 -5.8 1.2 8.8 Banks 30.90 -7.27 -26.44 -22.70 128.61 -5.44 -21.51 -14.09 37,083 6.56 2 -0.47
5.55 4.1 0.4 -1.3 0.4 8.8 Life Insurance 167.29 -5.08 -8.45 -2.03 636.86 -2.83 -3.59 3.17 20,106 3.56 2 -0.17
6.34 6.0 0.9 36.8 0.6 16.6 Non-life Insurance 764.04 -0.07 0.42 5.04 2214.63 2.32 6.66 11.57 5,433 0.96 1 0.00
0.43 -11.0 0.5 6.7 2.9 -4.3 Real Estate 729.04 -4.94 -18.18 -32.05 731.63 -4.75 -17.88 -31.81 6,185 1.09 2 -0.05
2.95 5.7 1.4 42.2 4.1 32.2 Real Estate Investment & Services 68.14 8.13 -27.49 70.20 9.98 -25.29 902 0.16 1 0.01
0.00 -7.3 0.4 5.9 2.8 -5.7 Real Estate Investment Trusts 112.36 -6.87 -16.59 -30.73 610.94 -6.87 -16.59 -30.73 5,283 0.93 1 -0.06
1.82 26.8 12.3 22.8 4.8 50.3 Consumer Discretionary 1577.11 -8.87 -11.73 -8.91 3987.17 -8.52 -10.49 -7.31 39,934 7.06 2 -0.62
1.82 26.8 12.3 22.8 4.8 50.3 Media 3134.71 -8.87 -11.73 -8.91 7810.91 -8.52 -10.49 -7.31 39,934 7.06 2 -0.62
2.47 11.7 2.3 7.9 0.8 21.5 Consumer Staples 890.88 -7.31 -18.00 -12.52 2823.93 -6.44 -16.07 -10.46 81,192 14.36 5 -1.03
1.78 12.9 2.6 8.9 1.7 22.3 Beverages 1906.52 -5.90 -8.62 -4.21 3473.69 -5.40 -7.04 -2.56 31,387 5.55 3 -0.32

Country Details
2.07 11.6 2.4 16.0 2.4 22.8 Food Producers 892.43 -18.31 -35.68 -29.35 922.90 -17.79 -34.49 -28.04 22,095 3.91 1 -0.80
3.58 10.6 2.0 5.2 0.4 19.9 Personal Care, Drug & Grocery St. 823.64 1.92 -9.08 -4.10 1685.68 3.62 -5.83 -0.67 27,711 4.90 1 0.08
1.00 29.4 5.6 16.5 1.9 20.5 Industrials 634.84 -10.95 -32.70 -42.02 1375.04 -10.95 -32.09 -41.49 60,021 10.62 6 -1.19
5.11 6.5 1.4 5.0 0.5 23.4 Construction and Materials 702.23 -10.16 -30.43 -40.17 773.52 -10.16 -27.57 -37.71 3,542 0.63 1 -0.06
2.76 9.7 1.9 13.9 1.4 21.2 Electronic and Electrical Equipment 879.57 -12.33 -36.33 -29.88 911.96 -12.33 -34.84 -28.24 3,512 0.62 1 -0.08
0.48 52.1 10.8 22.2 2.5 22.5 Industrial Support Services 895.33 -10.90 -32.19 -41.91 2015.78 -10.90 -31.92 -41.69 50,495 8.93 2 -0.99
3.29 14.5 1.5 6.2 2.4 10.5 Industrial Transportation 75.69 -11.09 -40.50 -56.87 156.73 -11.09 -38.91 -55.72 2,472 0.44 2 -0.05
2.03 3.5 1.0 5.3 0.6 30.6 Basic Materials 310.87 -4.76 -26.08 -26.17 1011.50 -4.76 -24.95 -24.90 31,957 5.65 3 -0.26
1.59 1.6 0.5 2.5 0.3 34.7 Industrial Metals and Mining 104.94 -0.67 -15.60 -16.34 303.17 -0.67 -14.40 -15.15 12,976 2.30 1 -0.01
2.33 16.2 2.8 23.3 1.5 16.9 Chemicals 619.86 -7.36 -32.53 -32.27 2224.52 -7.36 -31.45 -30.99 18,981 3.36 2 -0.24
2.21 11.7 2.0 31.8 1.7 18.1 FTSE Netherlands 666.43 -9.21 -26.18 -27.24 2085.18 -8.78 -24.79 -25.57 565,247 100.00 30 -

5–127

5–127
FTSE All-World Review August 2022

Netherlands - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% EUR (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Software and Computer Services
0.00 -4.9 0.3 -8.5 0.8 -6.8 Dec 21 BYQ7HZ6 5.4 0.54 Just Eat Takeaway.co 16.68 EUR 215 85.3 3,061 100.0 -6.3 -65.6 -78.3 4,718 86.4
0.00 7.8 2.8 -ve 21.5 39.5 Mar 22 BJDS7L3 94.6 9.53 Prosus 61.75 EUR 2,054 42.4 53,885 100.0 -2.9 -16.0 -17.4 3,642 231.6
0.00 9.1 1.9 -97.8 9.0 23.6 56,946 -3.1 -21.9 -28.6 - -
Technology Hardware & Equip.
0.92 25.3 5.9 31.6 7.6 25.5 Dec 21 5165294 6.4 2.29 Asm Intl 271.10 EUR 49 98.2 12,945 0.0 -9.1 -30.3 -17.5 303 89.4
1.42 32.4 19.2 18.0 10.5 50.1 Dec 21 B929F46 91.8 32.78 ASML Holding 484.65 EUR 403 94.9 185,285 100.0 -12.7 -31.4 -31.2 970 524.0
7.03 12.6 5.9 13.1 4.9 58.6 Dec 21 BG0SCK9 1.8 0.63 BE SEMICONDUCTOR IND 47.39 EUR 77 97.8 3,569 0.0 -9.1 -36.8 -38.5 781 40.5
1.48 31.0 16.2 18.4 10.0 46.8 201,798 -12.5 -31.5 -30.6 - -
Telecommunications Service Prov.
4.38 7.7 4.7 6.7 2.4 68.6 Dec 21 5956078 100.0 1.79 Royal KPN 3.17 EUR 4,052 78.8 10,121 50.0 -1.6 16.1 16.8 21,332 68.2
4.38 7.7 4.7 6.7 2.4 68.6 10,121 -1.6 16.1 16.8 - -
Medical Equipment and Services
5.11 3.6 1.0 2.9 0.8 30.4 Dec 21 5986622 100.0 2.56 Koninklijke Philips 16.65 EUR 869 100 14,472 50.0 -17.4 -49.2 -57.4 5,704 106.7
5.11 3.6 1.0 2.9 0.8 30.4 14,472 -17.4 -49.2 -56.9 - -
Banks
16.82 7.8 0.4 -14.4 0.8 5.9 Dec 21 BYQP136 10.7 0.70 ABN AMRO Bank NV 9.57 EUR 940 44 3,960 25.0 -4.1 -25.9 -19.0 3,201 32.4
6.62 6.6 0.6 -5.4 1.2 9.3 Dec 21 BZ57390 89.3 5.86 ING Group CVA 8.77 EUR 3,779 100 33,123 25.0 -7.6 -26.4 -23.0 18,808 173.2
7.71 6.7 0.6 -5.8 1.2 8.8 37,083 -7.3 -26.4 -22.7 - -
Life Insurance
4.48 5.1 0.4 -0.6 0.3 7.7 Dec 21 5927375 39.3 1.40 Aegon NV 4.47 EUR 2,053 86.2 7,909 0.0 4.3 1.7 6.5 11,243 51.4
6.25 3.7 0.4 -4.6 0.5 9.5 Dec 21 BNG8PQ9 60.7 2.16 NN Group 40.97 EUR 298 100 12,197 50.0 -10.3 -13.9 -6.8 1,728 73.9
5.55 4.1 0.4 -1.3 0.4 8.8 20,106 -5.1 -8.5 -2.0 - -
Non-life Insurance
6.34 6.0 0.9 36.8 0.6 16.6 Dec 21 BD9PNF2 100.0 0.96 ASR Nederland 40.67 EUR 136 98.3 5,433 25.0 -0.1 0.4 5.0 553 22.9
6.34 6.0 0.9 36.8 0.6 16.6 5,433 -0.1 0.4 5.0 - -
Real Estate Investment & Services
2.95 5.7 1.4 42.2 4.1 32.2 Dec 21 BLF7T27 100.0 0.16 CTP NV 13.56 EUR 433 15.3 902 0.0 8.1 -27.5 -30.3 164 2.2
2.95 5.7 1.4 42.2 4.1 32.2 902 8.1 -27.5 - - -
Real Estate Investment Trusts
0.00 -7.3 0.4 5.9 2.8 -5.7 Dec 21 BFYM460 100.0 0.93 Unibail Rodamco West 51.40 EUR 139 74 5,283 0.0 -6.9 -16.6 -30.7 771 43.0
0.00 -7.3 0.4 5.9 2.8 -5.7 5,283 -6.9 -16.6 -30.7 - -
Media
2.02 33.9 17.7 31.9 4.2 61.3 Dec 21 BNZGVV1 37.0 2.61 Universal Music Grou 19.81 EUR 1,813 41.1 14,775 0.0 -10.2 -20.1 - 1,980 41.7
1.70 23.9 10.4 19.5 5.3 46.8 Dec 21 5671519 63.0 4.45 Wolters Kluwer CVA 97.44 EUR 258 100 25,158 100.0 -8.1 -5.9 0.0 1,220 127.2
1.82 26.8 12.3 22.8 4.8 50.3 39,934 -8.9 -11.7 -8.9 - -
Beverages
2.06 9.9 2.4 4.9 0.9 27.0 Dec 21 B0CCH46 23.8 1.32 Heineken Holding 70.80 EUR 288 36.6 7,474 75.0 -8.1 -12.8 -9.8 160 11.8
1.63 13.9 3.0 12.4 2.4 24.2 Dec 21 7792559 68.0 3.78 Heineken NV 89.74 EUR 576 41.3 21,343 100.0 -6.6 -9.2 -3.2 859 80.5
2.28 17.2 1.4 10.1 2.2 8.5 Dec 21 BMC4ZZ3 8.2 0.45 JDE Peets 30.72 EUR 503 16.6 2,569 100.0 8.4 13.4 5.6 657 20.4
1.78 12.9 2.6 8.9 1.7 22.3 31,387 -5.9 -8.6 -4.2 - -
Food Producers
2.07 11.6 2.4 16.0 2.4 22.8 Dec 21 B0HZL93 100.0 3.91 Royal DSM 127.35 EUR 174 100 22,095 100.0 -18.3 -35.7 -29.3 680 95.6
2.07 11.6 2.4 16.0 2.4 22.8 22,095 -18.3 -35.7 -29.3 - -
Personal Care, Drug & Grocery St.
3.58 10.6 2.0 5.2 0.4 19.9 Jan 22 BD0Q398 100.0 4.90 Ahold Delhaize 27.40 EUR 1,011 100 27,711 50.0 1.9 -9.1 -4.1 4,343 119.3
3.58 10.6 2.0 5.2 0.4 19.9 27,711 1.9 -9.1 -4.1 - -
Construction and Materials
5.11 6.5 1.4 5.0 0.5 23.4 Dec 21 BYY7VY5 100.0 0.63 Signify NV 28.37 EUR 125 99.9 3,542 0.0 -10.2 -30.4 -40.2 1,055 31.8
5.11 6.5 1.4 5.0 0.5 23.4 3,542 -10.2 -30.4 -40.2 - -
Electronic and Electrical Equipment
2.76 9.7 1.9 13.9 1.4 21.2 Dec 21 B1W8P14 100.0 0.62 Aalberts NV 36.56 EUR 111 86.8 3,512 75.0 -12.3 -36.3 -29.9 219 8.5
2.76 9.7 1.9 13.9 1.4 21.2 3,512 -12.3 -36.3 -29.9 - -
Industrial Support Services
0.00 +ve 26.4 26.3 8.0 31.2 Dec 21 BZ1HM42 89.9 8.03 Adyen 1,545.00 EUR 31 94.9 45,395 100.0 -11.5 -33.2 -43.5 142 245.1
4.71 9.8 1.7 9.4 0.3 18.1 Dec 21 5228658 10.1 0.90 Randstad NV 46.49 EUR 183 60 5,100 0.0 -5.6 -22.6 -23.3 627 30.1
0.48 52.1 10.8 22.2 2.5 22.5 50,495 -10.9 -32.2 -41.9 - -
Industrial Transportation
0.00 20.6 -ve 10.7 2.6 +ve Dec 21 BN4N9C0 42.3 0.19 Inpost SA 5.14 EUR 500 40.7 1,046 0.0 -20.1 -51.5 -68.9 1,442 8.5
5.70 11.9 0.9 4.7 2.2 7.5 Dec 21 5809428 57.7 0.25 Vopak Nv 21.94 EUR 125 51.8 1,426 75.0 -3.0 -28.8 -40.2 357 7.9
3.29 14.5 1.5 6.2 2.4 10.5 2,472 -11.1 -40.5 -56.9 - -
Industrial Metals and Mining
1.59 1.6 0.5 2.5 0.3 34.7 Dec 21 BYPBS67 100.0 2.30 Arcelor Mittal 23.76 EUR 877 62.2 12,976 0.0 -0.7 -15.6 -16.3 6,050 144.6
1.59 1.6 0.5 2.5 0.3 34.7 12,976 -0.7 -15.6 -16.3 - -
Chemicals
3.14 12.4 2.1 18.0 1.2 16.1 Dec 21 BJ2KSG2 58.7 1.97 Akzo Nobel 63.04 EUR 177 99.9 11,134 0.0 -4.2 -34.7 -39.6 952 63.5

5–128
August 2022 FTSE Russell

Netherlands - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% EUR (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Chemicals
1.18 28.8 5.4 40.0 2.3 20.1 Dec 21 BNCBD46 41.3 1.39 IMCD NV 137.80 EUR 57 100 7,847 0.0 -11.6 -29.2 -17.4 181 27.1
2.33 16.2 2.8 23.3 1.5 16.9 18,981 -7.4 -32.5 -32.3 - -
FTSE Netherlands
2.21 11.7 2.0 31.8 1.7 18.1 565,247 -9.2 -26.2 -27.2 - -

Country Details
5–129

5–129
FTSE All-World Review August 2022

New Zealand - Overview WORLD/DEVELOPED

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
a2 Milk Food Producers 6.23 24.85 Infratil Investment Banking & Brokerage 9.05 21.07
Air New Zealand Travel and Leisure 0.68 11.48 Spark New Zealand Telecommunications Service Prov. 5.42 11.18
Fletcher Building Construction and Materials 5.60 8.53 Ebos Group Medical Equipment and Services 38.64 7.51
Infratil Investment Banking & Brokerage 9.05 8.00 Auckland Intnl Airpt Industrial Transportation 7.56 4.85
Spark New Zealand Telecommunications Service Prov. 5.42 6.27 a2 Milk Food Producers 6.23 3.32

Ryman Healthcare Health Care Providers 9.19 -0.97 Mainfreight Industrial Transportation 74.50 -20.74
Ebos Group Medical Equipment and Services 38.64 -1.95 Fletcher Building Construction and Materials 5.60 -25.23
Mainfreight Industrial Transportation 74.50 -3.25 Air New Zealand Travel and Leisure 0.68 -26.49
Mercury NZ Electricity 5.80 -4.45 F & P Healthcare Medical Equipment and Services 19.66 -40.60
F & P Healthcare Medical Equipment and Services 19.66 -7.26 Ryman Healthcare Health Care Providers 9.19 -40.63

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
a2 Milk Food Producers 6.23 5.68 1.15 Spark New Zealand Telecommunications Service Prov. 5.42 12.53 1.03
Spark New Zealand Telecommunications Service Prov. 5.42 12.53 0.75 Infratil Investment Banking & Brokerage 9.05 5.72 0.90
Fletcher Building Construction and Materials 5.60 5.44 0.43 Auckland Intnl Airpt Industrial Transportation 7.56 11.06 0.53
Infratil Investment Banking & Brokerage 9.05 5.72 0.43 Ebos Group Medical Equipment and Services 38.64 7.52 0.13
Contact Energy Electricity 7.88 7.61 0.23 a2 Milk Food Producers 6.23 5.68 0.08

Ryman Healthcare Health Care Providers 9.19 4.66 -0.05 Mercury NZ Electricity 5.80 4.91 -0.67
Ebos Group Medical Equipment and Services 38.64 7.52 -0.15 Mainfreight Industrial Transportation 74.50 7.43 -1.58
Mercury NZ Electricity 5.80 4.91 -0.23 Fletcher Building Construction and Materials 5.60 5.44 -1.78
Mainfreight Industrial Transportation 74.50 7.43 -0.25 Ryman Healthcare Health Care Providers 9.19 4.66 -2.98
F & P Healthcare Medical Equipment and Services 19.66 13.85 -1.10 F & P Healthcare Medical Equipment and Services 19.66 13.85 -8.57

FTSE New Zealand Index Performance % FTSE New Zealand Index Volatility %
180 50
170
160 40
150
140 30
130
120 20
110
100 10
90
80 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–130
August 2022 FTSE Russell

New Zealand - Industry/Sector/Style Summary WORLD/DEVELOPED

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % NZD (mn) Wgt % Stocks Cont1M%
5.43 17.5 6.9 12.2 2.7 38.9 Telecommunications 93.53 6.27 19.91 11.18 772.92 6.27 23.71 18.23 10,125 12.53 1 0.75
5.43 17.5 6.9 12.2 2.7 38.9 Telecommunications Service Prov. 1176.98 6.27 19.91 11.18 1251.67 6.27 23.71 18.23 10,125 12.53 1 0.75
2.42 18.1 3.2 21.4 1.8 20.0 Health Care 697.31 -4.69 -33.11 -37.15 2502.94 -4.69 -32.45 -36.12 21,031 26.03 3 -1.30
2.44 6.6 1.3 8.6 9.0 22.3 Health Care Providers 747.26 -0.97 -24.98 -40.63 2700.54 -0.97 -23.92 -39.35 3,768 4.66 1 -0.05
2.42 29.3 4.6 31.9 1.5 18.1 Medical Equipment and Services 878.75 -5.46 -34.70 -35.37 3147.35 -5.46 -34.13 -34.41 17,263 21.37 2 -1.25
2.40 +ve 1.8 70.8 7.6 1.6 Financials 8.57 8.00 13.12 21.07 74.17 8.00 15.17 24.43 4,619 5.72 1 0.43
2.40 +ve 1.8 70.8 7.6 1.6 Investment Banking & Brokerage 1302.16 8.00 13.12 21.07 1361.02 8.00 15.17 24.43 4,619 5.72 1 0.43
6.13 7.1 0.7 13.9 6.6 10.2 Real Estate 816.00 0.00 -14.64 -12.07 888.05 -0.00 -11.96 -6.82 1,601 1.98 1 0.00
6.13 7.1 0.7 13.9 6.6 10.2 Real Estate Investment Trusts 5.79 0.00 -14.64 -12.07 58.17 0.00 -11.96 -6.82 1,601 1.98 1 0.00
1.95 -12.0 1.4 9.7 1.8 -11.9 Consumer Discretionary 111.61 5.52 -14.24 -17.05 531.71 5.52 -14.24 -15.44 3,191 3.95 2 0.21
1.95 -12.0 1.4 9.7 1.8 -11.9 Travel and Leisure 240.81 5.52 -14.24 -17.05 1256.38 5.52 -14.24 -15.44 3,191 3.95 2 0.21
0.00 37.4 3.9 22.7 3.2 10.9 Consumer Staples 24.80 24.85 5.06 3.32 66.51 24.85 5.06 3.32 4,587 5.68 1 1.15
0.00 37.4 3.9 22.7 3.2 10.9 Food Producers 52.61 24.85 5.06 3.32 129.85 24.85 5.06 3.32 4,587 5.68 1 1.15
2.29 21.4 1.7 18.1 1.5 8.0 Industrials 119.71 1.37 -13.90 -10.65 547.88 1.37 -12.75 -9.25 19,331 23.93 3 0.33
7.00 9.8 1.2 7.4 0.5 12.0 Construction and Materials 114.87 8.53 -23.60 -25.23 526.83 8.53 -21.03 -22.72 4,395 5.44 1 0.43
0.90 33.0 1.9 31.1 3.4 6.1 Industrial Transportation 245.78 -0.55 -10.37 -4.13 1697.47 -0.55 -9.85 -3.26 14,936 18.49 2 -0.10
4.39 20.4 2.1 20.5 3.1 10.4 Utilities 216.63 0.23 -1.20 -6.28 1144.01 0.23 0.57 -3.26 16,310 20.19 3 0.05
4.39 20.4 2.1 20.5 3.1 10.4 Electricity 211.39 0.23 -1.20 -6.28 1047.40 0.23 0.57 -3.26 16,310 20.19 3 0.05

Country Details
3.08 22.7 2.3 18.4 2.2 10.5 FTSE New Zealand 97.47 1.62 -12.06 -14.42 516.06 1.62 -10.75 -12.21 80,794 100.00 15 -

5–131

5–131
FTSE All-World Review August 2022

New Zealand - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% NZD (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Telecommunications Service Prov.
5.43 17.5 6.9 12.2 2.7 38.9 Jun 22 6881436 100.0 12.53 Spark New Zealand 5.42 NZD 1,872 99.8 10,125 0.0 6.3 19.9 11.2 1,781 9.3
5.43 17.5 6.9 12.2 2.7 38.9 10,125 6.3 19.9 11.2 - -
Health Care Providers
2.44 6.6 1.3 8.6 9.0 22.3 Mar 22 6161525 100.0 4.66 Ryman Healthcare 9.19 NZD 500 82 3,768 85.8 -1.0 -25.0 -40.6 275 2.6
2.44 6.6 1.3 8.6 9.0 22.3 3,768 -1.0 -25.0 -40.6 - -
Medical Equipment and Services
2.51 31.5 2.9 27.4 0.6 11.5 Jun 22 6160038 35.2 7.52 Ebos Group 38.64 NZD 189 83.3 6,075 0.0 -2.0 -6.2 7.5 143 5.5
2.36 28.2 6.8 35.0 6.7 25.1 Mar 22 6340250 64.8 13.85 F & P Healthcare 19.66 NZD 577 98.5 11,188 100.0 -7.3 -40.0 -40.6 695 14.3
2.42 29.3 4.6 31.9 1.5 18.1 17,263 -5.5 -34.7 -35.4 - -
Investment Banking & Brokerage
2.40 +ve 1.8 70.8 7.6 1.6 Mar 22 6459286 100.0 5.72 Infratil 9.05 NZD 724 70.4 4,619 100.0 8.0 13.1 21.1 563 5.1
2.40 +ve 1.8 70.8 7.6 1.6 4,619 8.0 13.1 21.1 - -
Real Estate Investment Trusts
6.13 7.1 0.7 13.9 6.6 10.2 Mar 22 BTDY2M7 100.0 1.98 Kiwi Property Group 1.02 NZD 1,570 99.9 1,601 25.0 0.0 -14.6 -12.1 954 1.0
6.13 7.1 0.7 13.9 6.6 10.2 1,601 0.0 -14.6 -12.1 - -
Travel and Leisure
0.00 -4.2 1.4 3.9 0.8 -39.1 Jun 22 6426484 32.4 1.28 Air New Zealand 0.68 NZD 3,368 45.1 1,034 0.0 11.5 -26.5 -26.5 2,435 1.6
2.89 -ve 1.4 33.1 3.9 -1.3 Jun 22 6823193 67.6 2.67 Sky City Entmt Gp 2.85 NZD 760 99.5 2,157 25.0 2.9 -8.7 -12.6 587 1.7
1.95 -12.0 1.4 9.7 1.8 -11.9 3,191 5.5 -14.2 -17.0 - -
Food Producers
0.00 37.4 3.9 22.7 3.2 10.9 Jun 22 6287250 100.0 5.68 a2 Milk 6.23 NZD 744 99 4,587 100.0 24.8 5.1 3.3 707 4.0
0.00 37.4 3.9 22.7 3.2 10.9 4,587 24.8 5.1 3.3 - -
Construction and Materials
7.00 9.8 1.2 7.4 0.5 12.0 Jun 22 6341606 100.0 5.44 Fletcher Building 5.60 NZD 787 99.6 4,395 0.0 8.5 -23.6 -25.2 939 5.2
7.00 9.8 1.2 7.4 0.5 12.0 4,395 8.5 -23.6 -25.2 - -
Industrial Transportation
0.00 58.1 1.4 +ve 37.1 2.4 Jun 22 BKX3XG2 59.8 11.06 Auckland Intnl Airpt 7.56 NZD 1,473 80.2 8,935 61.4 1.3 -1.8 4.9 1,000 7.6
2.24 20.1 5.2 14.9 1.4 29.4 Mar 22 6603038 40.2 7.43 Mainfreight 74.50 NZD 101 80 6,002 0.0 -3.2 -20.7 -20.7 54 4.2
0.90 33.0 1.9 31.1 3.4 6.1 14,936 -0.6 -10.4 -4.1 - -
Electricity
4.98 26.9 2.2 15.5 2.6 7.9 Jun 22 6152529 37.7 7.61 Contact Energy 7.88 NZD 781 100 6,151 0.0 3.0 -2.7 -3.3 606 4.7
3.94 16.3 1.7 22.1 3.7 11.0 Jun 22 B8W6K56 24.3 4.91 Mercury NZ 5.80 NZD 1,382 49.4 3,966 44.3 -4.4 -5.2 -12.8 550 3.4
4.10 18.8 2.3 28.0 3.5 12.8 Jun 22 BWFD052 38.0 7.66 Meridian Energy 5.01 NZD 2,578 48 6,192 4.2 0.7 3.2 -4.7 1,058 5.4
4.39 20.4 2.1 20.5 3.1 10.4 16,310 0.2 -1.2 -6.3 - -
FTSE New Zealand
3.08 22.7 2.3 18.4 2.2 10.5 80,794 1.6 -12.1 -14.4 - -

5–132
August 2022 FTSE Russell

Norway - Overview WORLD/DEVELOPED

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Adevinta Consumer Services 81.15 11.62 Equinor ASA Oil Gas and Coal 382.70 109.51
Norsk Hydro Industrial Metals and Mining 68.50 5.29 Aker BP ASA Oil Gas and Coal 347.70 53.17
Aker Investment Banking & Brokerage 784.00 4.95 Aker Investment Banking & Brokerage 784.00 24.84
Equinor ASA Oil Gas and Coal 382.70 4.27 Norsk Hydro Industrial Metals and Mining 68.50 17.47
Aker BP ASA Oil Gas and Coal 347.70 4.13 Salmar ASA Food Producers 659.50 13.16

Telenor A/S Telecommunications Service Prov. 109.00 -6.84 Telenor A/S Telecommunications Service Prov. 109.00 -28.45
Mowi ASA Food Producers 204.30 -8.06 Nordic Semiconductor Technology Hardware & Equip. 153.00 -45.94
Nordic Semiconductor Technology Hardware & Equip. 153.00 -8.93 Adevinta Consumer Services 81.15 -53.63
LEROY SEAFOOD Schibsted B Software and Computer Services 171.30 -57.66
GROUP Food Producers 66.60 -11.79 Schibsted A Software and Computer Services 182.80 -60.60
AutoStore Holdings Industrial Engineering 13.20 -26.01

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Equinor ASA Oil Gas and Coal 382.70 28.38 1.17 Equinor ASA Oil Gas and Coal 382.70 28.38 17.14
Norsk Hydro Industrial Metals and Mining 68.50 7.07 0.36 Aker BP ASA Oil Gas and Coal 347.70 8.21 1.65

Country Details
Aker BP ASA Oil Gas and Coal 347.70 8.21 0.33 Norsk Hydro Industrial Metals and Mining 68.50 7.07 1.20
Adevinta Consumer Services 81.15 1.72 0.18 DNB Bank ASA Banks 190.00 15.03 0.57
Yara International Chemicals 421.40 5.29 0.13 Orkla A Food Producers 83.42 4.90 0.38

LEROY SEAFOOD Nordic Semiconductor Technology Hardware & Equip. 153.00 1.85 -1.14
GROUP Food Producers 66.60 1.32 -0.18 Schibsted A Software and Computer Services 182.80 1.09 -1.96
Nordic Semiconductor Technology Hardware & Equip. 153.00 1.85 -0.18 Schibsted B Software and Computer Services 171.30 1.28 -2.03
AutoStore Holdings Industrial Engineering 13.20 0.59 -0.21 Adevinta Consumer Services 81.15 1.72 -2.31
Telenor A/S Telecommunications Service Prov. 109.00 5.33 -0.39 Telenor A/S Telecommunications Service Prov. 109.00 5.33 -2.40
Mowi ASA Food Producers 204.30 6.98 -0.61

FTSE Norway Index Performance % FTSE Norway Index Volatility %

140 70

130 60

120 50

110 40

5–133
100 30

90 20

80 10

70 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–133
FTSE All-World Review August 2022

Norway - Industry/Sector/Style Summary WORLD/DEVELOPED

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % NOK (mn) Wgt % Stocks Cont1M%
0.64 1.7 1.3 21.6 3.6 +ve Technology 126.55 -4.18 -49.24 -62.76 163.16 -4.18 -48.94 -62.54 54,619 4.22 3 -0.19
1.13 1.0 0.8 16.5 2.8 +ve Software and Computer Services 115.99 -0.12 -44.20 -59.07 150.25 -0.12 -43.56 -58.60 30,722 2.37 2 0.00
0.00 38.9 7.2 35.4 5.5 20.1 Technology Hardware & Equip. 63.33 -8.93 63.33 -8.93 23,897 1.85 1 -0.18
8.26 33.2 5.8 3.6 1.4 14.2 Telecommunications 232.51 -6.84 -21.36 -28.45 608.97 -6.84 -18.17 -23.43 69,010 5.33 1 -0.39
8.26 33.2 5.8 3.6 1.4 14.2 Telecommunications Service Prov. 528.66 -6.84 -21.36 -28.45 1438.23 -6.84 -18.17 -23.43 69,010 5.33 1 -0.39
4.81 12.2 1.5 -14.6 4.3 12.2 Financials 2137.04 0.57 -5.83 4.50 7262.80 0.57 -1.37 13.39 247,378 19.12 3 0.11
5.13 11.9 1.3 -9.8 4.4 10.9 Banks 3315.16 0.21 -5.94 3.49 13316.40 0.21 -1.02 13.69 194,416 15.03 1 0.03
3.35 12.9 2.0 32.4 6.4 19.6 Investment Banking & Brokerage 2133.60 4.95 -4.97 24.84 6962.04 4.95 -3.34 28.78 18,754 1.45 1 0.07
3.81 13.5 4.1 14.5 3.2 30.5 Non-life Insurance 2299.89 0.30 -5.61 1.23 8409.34 0.30 -2.30 4.78 34,209 2.64 1 0.01
0.00 +ve 0.9 50.3 8.1 1.3 Consumer Discretionary 343.24 11.62 -30.82 -53.63 496.11 11.62 -30.82 -53.63 22,197 1.72 1 0.18
0.00 +ve 0.9 50.3 8.1 1.3 Consumer Services 218.98 11.62 -30.82 -53.63 271.96 11.62 -30.82 -53.63 22,197 1.72 1 0.18
2.87 19.8 2.9 14.7 2.2 15.5 Consumer Staples 1105.75 -5.36 -1.49 -2.69 2757.89 -5.36 0.78 -0.07 206,444 15.95 4 -0.91
2.87 19.8 2.9 14.7 2.2 15.5 Food Producers 1546.44 -5.36 -1.49 -2.69 3509.32 -5.36 0.78 -0.07 206,444 15.95 4 -0.91
0.63 58.6 8.8 41.7 6.7 16.1 Industrials 640.27 -3.28 -37.44 -26.13 1341.15 -3.28 -36.92 -25.52 60,808 4.70 2 -0.16
0.63 58.6 8.8 41.7 6.7 16.1 Industrial Engineering 65.59 -3.28 -37.44 -26.13 77.09 -3.28 -36.92 -25.52 60,808 4.70 2 -0.16
5.89 14.6 1.7 9.4 0.8 11.7 Basic Materials 1312.18 4.09 -1.61 9.65 3815.37 4.09 4.22 16.15 160,016 12.37 2 0.49
4.96 11.1 1.7 9.8 0.9 16.0 Industrial Metals and Mining 925.74 5.29 1.42 17.47 2549.52 5.29 6.73 23.62 91,532 7.07 1 0.36
7.12 25.3 1.7 8.9 0.7 6.4 Chemicals 4063.87 2.53 -5.30 1.09 11643.80 2.53 1.08 7.91 68,484 5.29 1 0.13
2.74 18.4 4.2 5.2 1.9 25.1 Energy 1829.09 4.24 54.60 89.40 5612.12 5.06 57.92 94.80 473,451 36.59 2 1.49
2.74 18.4 4.2 5.2 1.9 25.1 Oil Gas and Coal 2928.63 4.24 57.47 99.13 9149.40 5.06 60.91 104.99 473,451 36.59 2 1.49
3.61 12.6 2.5 10.1 1.9 26.0 FTSE Norway 1102.25 0.62 3.42 8.88 3105.92 0.89 6.72 13.78 1,293,923 100.00 18 -

5–134
August 2022 FTSE Russell

Norway - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% NOK (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Software and Computer Services
1.09 0.9 0.8 15.3 2.6 +ve Dec 21 4790534 45.9 1.09 Schibsted A 182.80 NOK 105 73.8 14,099 100.0 1.1 -46.3 -60.6 367 67.3
1.17 1.1 0.9 17.8 3.0 +ve Dec 21 BWVFKQ3 54.1 1.28 Schibsted B 171.30 NOK 130 74.8 16,623 100.0 -1.1 -42.3 -57.7 184 31.5
1.13 1.0 0.8 16.5 2.8 +ve 30,722 -0.1 -44.2 -59.1 - -
Technology Hardware & Equip.
0.00 38.9 7.2 35.4 5.5 20.1 Dec 21 B00ZG06 100.0 1.85 Nordic Semiconductor 153.00 NOK 191 81.7 23,897 0.0 -8.9 -48.6 -45.9 897 145.7
0.00 38.9 7.2 35.4 5.5 20.1 23,897 -8.9 - - - -
Telecommunications Service Prov.
8.26 33.2 5.8 3.6 1.4 14.2 Dec 21 4732495 100.0 5.33 Telenor A/S 109.00 NOK 1,400 45.2 69,010 17.0 -6.8 -21.4 -28.5 2,239 254.0
8.26 33.2 5.8 3.6 1.4 14.2 69,010 -6.8 -21.4 -28.5 - -
Banks
5.13 11.9 1.3 -9.8 4.4 10.9 Dec 21 BNG7113 100.0 15.03 DNB Bank ASA 190.00 NOK 1,550 66 194,416 0.0 0.2 -5.9 3.5 1,317 253.5
5.13 11.9 1.3 -9.8 4.4 10.9 194,416 0.2 -5.9 3.5 - -
Investment Banking & Brokerage
3.35 12.9 2.0 32.4 6.4 19.6 Dec 21 B02R4D9 100.0 1.45 Aker 784.00 NOK 74 32.2 18,754 100.0 5.0 -5.0 24.8 62 47.2
3.35 12.9 2.0 32.4 6.4 19.6 18,754 5.0 -5.0 24.8 - -
Non-life Insurance
3.81 13.5 4.1 14.5 3.2 30.5 Dec 21 B4PH0C5 100.0 2.64 Gjensidige Forsikrin 202.00 NOK 500 33.8 34,209 50.0 0.3 -5.6 1.2 311 63.2
3.81 13.5 4.1 14.5 3.2 30.5 34,209 0.3 -5.6 1.2 - -

Country Details
Consumer Services
0.00 +ve 0.9 50.3 8.1 1.3 Dec 21 BJ0DP40 100.0 1.72 Adevinta 81.15 NOK 1,160 23.5 22,197 100.0 11.6 -30.8 -53.6 709 54.4
0.00 +ve 0.9 50.3 8.1 1.3 22,197 11.6 -30.8 -53.6 - -
Food Producers
3.75 14.9 2.2 10.5 1.7 15.3 Dec 21 4691916 8.3 1.32 LEROY SEAFOOD GROUP 66.60 NOK 596 43 17,053 100.0 -11.8 -3.4 -13.2 890 62.1
2.12 21.2 3.4 13.5 2.5 16.6 Dec 21 B02L486 43.7 6.98 Mowi ASA 204.30 NOK 517 85.4 90,253 100.0 -8.1 -1.7 -11.4 1,392 299.3
3.60 16.7 2.2 14.3 1.6 13.2 Dec 21 B1VQF42 30.7 4.90 Orkla A 83.42 NOK 997 76.3 63,432 42.5 0.2 -5.6 7.4 1,490 124.2
3.03 29.5 5.9 28.1 5.2 22.8 Dec 21 B1W5NW2 17.3 2.76 Salmar ASA 659.50 NOK 118 46 35,706 100.0 -4.4 8.5 13.2 189 127.6
2.87 19.8 2.9 14.7 2.2 15.5 206,444 -5.4 -1.5 -2.7 - -
Industrial Engineering
0.00 +ve 3.6 +ve 15.7 0.3 Dec 21 BN49G27 12.6 0.59 AutoStore Holdings 13.20 NOK 3,338 17.4 7,667 -26.0 -62.1 - 7,289 110.3
0.73 51.4 11.2 38.2 6.2 22.9 Dec 21 BPLXRG7 87.4 4.11 Tomra Systems 227.35 NOK 295 79.1 53,141 100.0 1.2 -27.5 -14.3 740 171.7
0.63 58.6 8.8 41.7 6.7 16.1 60,808 -3.3 -37.4 -26.1 - -
Industrial Metals and Mining
4.96 11.1 1.7 9.8 0.9 16.0 Dec 21 B11HK39 100.0 7.07 Norsk Hydro 68.50 NOK 2,049 65.2 91,532 0.0 5.3 1.4 17.5 7,284 484.6
4.96 11.1 1.7 9.8 0.9 16.0 91,532 5.3 1.4 17.5 - -
Chemicals
7.12 25.3 1.7 8.9 0.7 6.4 Dec 21 7751259 100.0 5.29 Yara International 421.40 NOK 255 63.8 68,484 0.0 2.5 -5.3 1.1 750 313.0
7.12 25.3 1.7 8.9 0.7 6.4 68,484 2.5 -5.3 1.1 - -
Oil Gas and Coal
5.40 27.4 10.6 6.2 4.5 42.5 Dec 21 B1L95G3 22.5 8.21 Aker BP ASA 347.70 NOK 631 48.4 106,292 100.0 4.1 28.0 53.2 2,078 698.8

5–135
1.97 16.8 3.6 5.0 1.6 23.4 Dec 21 7133608 77.5 28.38 Equinor ASA 382.70 NOK 3,246 29.5 367,159 80.1 4.3 64.1 109.5 5,128 1,927.3
2.74 18.4 4.2 5.2 1.9 25.1 473,451 4.2 57.5 99.1 - -
FTSE Norway
3.61 12.6 2.5 10.1 1.9 26.0 1,293,923 0.6 3.4 8.9 - -

5–135
FTSE All-World Review August 2022

Pakistan - Overview EMERGING

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Habib Bank Banks 90.66 5.11 Fauji Fertilizer Co Chemicals 104.00 -1.88
Oil & Gas Developmen Oil Gas and Coal 82.20 2.21 Oil & Gas Developmen Oil Gas and Coal 82.20 -11.48
Pakistan Petroleum Oil Gas and Coal 69.34 1.30 Pakistan Petroleum Oil Gas and Coal 69.34 -15.19
Fauji Fertilizer Co Chemicals 104.00 0.47 Habib Bank Banks 90.66 -27.59

Habib Bank Banks 90.66 5.11 Fauji Fertilizer Co Chemicals 104.00 -1.88
Oil & Gas Developmen Oil Gas and Coal 82.20 2.21 Oil & Gas Developmen Oil Gas and Coal 82.20 -11.48
Pakistan Petroleum Oil Gas and Coal 69.34 1.30 Pakistan Petroleum Oil Gas and Coal 69.34 -15.19
Fauji Fertilizer Co Chemicals 104.00 0.47 Habib Bank Banks 90.66 -27.59

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Habib Bank Banks 90.66 26.61 1.32 Fauji Fertilizer Co Chemicals 104.00 29.78 -0.49
Oil & Gas Developmen Oil Gas and Coal 82.20 23.03 0.51 Oil & Gas Developmen Oil Gas and Coal 82.20 23.03 -2.54
Pakistan Petroleum Oil Gas and Coal 69.34 20.58 0.27 Pakistan Petroleum Oil Gas and Coal 69.34 20.58 -3.14
Fauji Fertilizer Co Chemicals 104.00 29.78 0.14 Habib Bank Banks 90.66 26.61 -8.64

Habib Bank Banks 90.66 26.61 1.32 Fauji Fertilizer Co Chemicals 104.00 29.78 -0.49
Oil & Gas Developmen Oil Gas and Coal 82.20 23.03 0.51 Oil & Gas Developmen Oil Gas and Coal 82.20 23.03 -2.54
Pakistan Petroleum Oil Gas and Coal 69.34 20.58 0.27 Pakistan Petroleum Oil Gas and Coal 69.34 20.58 -3.14
Fauji Fertilizer Co Chemicals 104.00 29.78 0.14 Habib Bank Banks 90.66 26.61 -8.64

FTSE Pakistan Index Performance % FTSE Pakistan Index Volatility %

120 70

110 60

100 50

90 40

80 30

70 20

60 10

50 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country vol 1m vol 3m

5–136
August 2022 FTSE Russell

Pakistan - Industry/Sector/Style Summary EMERGING

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % PKR (mn) Wgt % Stocks Cont1M%
8.55 3.7 0.5 -3.7 0.5 13.3 Financials 2485.45 5.11 -22.26 -27.59 2922.95 6.97 -17.59 -20.99 61,173 26.61 1 1.32
8.55 3.7 0.5 -3.7 0.5 13.3 Banks 4195.51 5.11 -22.26 -27.59 5361.14 6.97 -17.59 -20.99 61,173 26.61 1 1.32
16.15 3.7 1.4 4.4 1.2 40.4 Basic Materials 2939.77 0.47 3.73 -1.88 10539.10 2.56 14.05 14.60 68,459 29.78 1 0.14
16.15 3.7 1.4 4.4 1.2 40.4 Chemicals 2939.77 0.47 3.73 -1.88 10539.10 2.56 14.05 14.60 68,459 29.78 1 0.14
6.40 3.4 0.5 4.6 1.4 14.7 Energy 560.49 1.78 -8.40 -13.27 722.19 1.78 -5.96 -8.00 100,283 43.62 2 0.78
6.40 3.4 0.5 4.6 1.4 14.7 Oil Gas and Coal 393.77 1.78 -8.40 -13.27 495.82 1.78 -5.96 -8.00 100,283 43.62 2 0.78
9.87 3.6 0.6 11.1 0.9 17.4 FTSE Pakistan 763.42 2.25 -9.54 -14.81 1293.29 3.34 -4.37 -6.37 229,914 100.00 4 -

Pakistan - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% PKR (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Banks
8.55 3.7 0.5 -3.7 0.5 13.3 Dec 21 B282PJ5 100.0 26.61 Habib Bank 90.66 PKR 1,467 46 61,173 5.1 -22.3 -27.6 942 86.8

Country Details
8.55 3.7 0.5 -3.7 0.5 13.3 61,173 5.1 -22.3 -27.6 - -
Chemicals
16.15 3.7 1.4 4.4 1.2 40.4 Dec 21 6332741 100.0 29.78 Fauji Fertilizer Co 104.00 PKR 1,272 51.7 68,459 0.5 3.7 -1.9 818 84.8
16.15 3.7 1.4 4.4 1.2 40.4 68,459 0.5 3.7 -1.9 - -
Oil Gas and Coal
7.60 3.2 0.5 7.3 1.5 15.0 Jun 21 6732716 52.8 23.03 Oil & Gas Developmen 82.20 PKR 4,301 14.9 52,960 2.2 -4.6 -11.5 2,874 242.9
5.05 3.6 0.5 3.3 1.3 14.3 Jun 21 B02VH21 47.2 20.58 Pakistan Petroleum 69.34 PKR 2,721 25 47,323 1.3 -12.3 -15.2 1,601 114.9
6.40 3.4 0.5 4.6 1.4 14.7 100,283 1.8 -8.4 -13.3 - -
FTSE Pakistan
9.87 3.6 0.6 11.1 0.9 17.4 229,914 2.3 -9.5 -14.8 - -

5–137

5–137
FTSE All-World Review August 2022

Philippines - Overview EMERGING

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Jollibee Foods Travel and Leisure 239.60 19.09 Semirara Mining and Oil Gas and Coal 41.10 157.76
Bloomberry Resorts Travel and Leisure 7.09 17.19 DMCI Holdings General Industrials 9.50 59.27
Monde Nissin Food Producers 16.50 15.87 Bloomberry Resorts Travel and Leisure 7.09 19.76
Ayala Land Real Estate Investment & Services 28.65 13.47 Metropolitan Bk & Ts Banks 52.60 19.38
Puregold Price Club Personal Care, Drug & Grocery St. 34.25 13.41 Jollibee Foods Travel and Leisure 239.60 18.73

Converge Information Telecommunications Service Prov. 17.40 -8.42 JG Summit Holdings General Industrials 51.20 -21.11
San Miguel General Industrials 95.55 -9.43 ACEN Electricity 7.50 -21.79
AC Energy Temporary Real Estate Investment & Services 7.50 -10.39 Globe Telecom Telecommunications Service Prov. 2,098.00 -22.87
ACEN Electricity 7.50 -10.39 Converge Information Telecommunications Service Prov. 17.40 -43.87
Manila Electric Electricity 301.20 -11.41 San Miguel Food and Food Producers 43.00 -44.48

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Ayala Land Real Estate Investment & Services 28.65 7.82 0.97 BDO Unibank Banks 128.80 8.71 1.24
Ayala Corporation Real Estate Investment & Services 702.00 7.81 0.95 SM Prime Hldgs Real Estate Investment & Services 37.85 15.62 1.08
BDO Unibank Banks 128.80 8.71 0.65 Semirara Mining and Oil Gas and Coal 41.10 1.66 0.99
Jollibee Foods Travel and Leisure 239.60 3.44 0.57 PLDT Telecommunications Service Prov. 1,679.00 5.27 0.76
SM Prime Hldgs Real Estate Investment & Services 37.85 15.62 0.54 Bk of Philippine Is Banks 94.95 5.84 0.65

Converge Information Telecommunications Service Prov. 17.40 1.17 -0.11 Ayala Corporation Real Estate Investment & Services 702.00 7.81 -0.77
San Miguel General Industrials 95.55 1.20 -0.13 Universal Robina Food Producers 122.00 3.69 -0.81
ACEN Electricity 7.50 1.60 -0.19 JG Summit Holdings General Industrials 51.20 5.31 -1.40
Manila Electric Electricity 301.20 2.73 -0.37 Ayala Land Real Estate Investment & Services 28.65 7.82 -1.46
International Contai Industrial Transportation 181.20 6.83 -0.51 SM Investments General Retailers Del Del -1.60

FTSE Philippines Index Performance % FTSE Philippines Index Volatility %

110 90
80
100 70
60
90
50
40
80
30

70 20
10
60 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country vol 1m vol 3m

5–138
August 2022 FTSE Russell

Philippines - Industry/Sector/Style Summary EMERGING

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % PHP (mn) Wgt % Stocks Cont1M%
4.54 12.1 3.1 5.0 2.0 27.0 Telecommunications 553.52 0.96 -21.92 -3.87 1305.17 2.92 -18.64 0.47 248,326 8.56 3 0.09
4.54 12.1 3.1 5.0 2.0 27.0 Telecommunications Service Prov. 553.52 0.96 -21.92 -3.87 1305.17 2.92 -18.64 0.47 248,326 8.56 3 0.09
2.12 12.4 1.1 8.0 2.7 9.3 Financials 614.73 5.67 3.19 16.34 765.17 5.83 4.54 18.87 541,113 18.66 4 1.04
2.12 12.4 1.1 8.0 2.7 9.3 Banks 438.46 5.67 3.19 16.34 600.14 5.83 4.54 18.87 541,113 18.66 4 1.04
0.64 25.0 1.6 37.9 3.3 6.7 Real Estate 961.12 7.97 -8.26 -4.37 969.51 7.97 -7.93 -3.77 989,822 34.13 6 2.62
0.64 25.0 1.6 37.9 3.3 6.7 Real Estate Investment & Services 838.13 7.97 -8.26 -4.37 1425.55 7.97 -7.93 -3.77 989,822 34.13 6 2.62
0.66 +ve 4.9 18.8 1.9 3.9 Consumer Discretionary 223.16 18.71 6.08 1.69 251.62 18.71 6.51 2.16 123,695 4.27 2 0.70
0.66 +ve 4.9 18.8 1.9 3.9 Travel and Leisure 153.13 18.71 11.08 18.94 166.57 18.71 11.53 19.77 123,695 4.27 2 0.70
3.09 17.0 2.6 14.6 1.6 17.2 Consumer Staples 348.21 10.93 -9.31 -18.80 459.38 11.04 -7.83 -17.36 261,363 9.01 4 0.92
3.12 18.1 3.0 16.6 2.2 19.4 Food Producers 210.71 10.57 -8.87 -18.98 206.79 10.70 -7.31 -17.47 227,905 7.86 3 0.78
2.92 12.0 1.3 8.1 0.6 11.4 Personal Care, Drug & Grocery St. 135.09 13.41 -12.85 -17.96 154.48 13.41 -11.73 -16.91 33,458 1.15 1 0.14
2.82 16.0 1.5 10.9 1.3 9.8 Industrials 423.04 -3.77 -6.44 -7.18 512.01 -3.77 -4.70 -5.36 463,698 15.99 5 -0.65
2.22 16.1 0.9 10.2 0.8 5.8 General Industrials 202.97 -1.47 -4.27 -10.48 243.94 -1.47 -3.11 -9.23 265,508 9.16 4 -0.14
3.63 15.8 13.8 12.1 4.0 98.3 Industrial Transportation 116.43 -6.69 -9.21 -2.43 119.63 -6.69 -6.76 0.20 198,190 6.83 1 -0.51
3.65 10.8 3.8 8.2 3.3 36.9 Energy 1107.89 -0.96 92.51 157.76 1828.91 -0.96 102.15 170.67 48,131 1.66 1 -0.02
3.65 10.8 3.8 8.2 3.3 36.9 Oil Gas and Coal 1107.89 -0.96 92.51 157.76 1828.91 -0.96 102.15 170.67 48,131 1.66 1 -0.02
3.66 13.6 1.5 8.2 1.8 11.5 Utilities 814.18 -7.11 1.53 5.55 1212.72 -6.34 5.21 9.38 223,696 7.71 4 -0.61
3.92 15.6 2.6 9.1 1.6 19.4 Electricity 946.34 -9.21 4.96 10.41 1452.22 -8.48 9.09 14.76 174,088 6.00 3 -0.63

Country Details
2.74 9.5 0.6 6.2 2.5 6.1 Gas Water and Multi-utilities 613.94 1.08 -4.15 -2.90 854.97 2.00 -1.48 -0.20 49,608 1.71 1 0.02
2.10 17.0 1.6 11.9 2.1 10.0 FTSE Philippines 584.68 4.09 -5.84 -2.34 796.02 4.38 -4.45 -0.62 2,899,845 100.00 29 -

5–139

5–139
FTSE All-World Review August 2022

Philippines - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% PHP (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Telecommunications Service Prov.
0.00 17.6 3.7 19.0 4.9 23.7 Dec 21 BMH5517 13.7 1.17 Converge Information 17.40 PHP 7,526 26 34,058 -8.4 -45.5 -43.9 13,338 256.5
5.15 9.7 3.4 4.9 1.7 35.5 Dec 21 6284864 24.7 2.12 Globe Telecom 2,098.00 PHP 134 21.8 61,365 1.7 -36.8 -22.9 55 119.9
5.30 12.5 3.0 4.3 1.9 24.5 Dec 21 BDGN274 61.6 5.27 PLDT 1,679.00 PHP 216 42.1 152,903 3.0 -5.9 16.4 100 173.2
4.54 12.1 3.1 5.0 2.0 27.0 248,326 1.0 -21.9 -3.9 - -
Banks
0.93 12.9 1.4 9.0 2.8 10.9 Dec 21 B5VJH76 46.7 8.71 BDO Unibank 128.80 PHP 4,386 44.7 252,513 7.8 7.6 18.1 2,871 349.0
2.06 17.9 1.5 8.1 3.8 8.3 Dec 21 6074968 31.3 5.84 Bk of Philippine Is 94.95 PHP 4,513 39.5 169,437 2.1 3.0 14.1 1,437 135.8
16.97 4.7 0.5 5.1 1.0 10.8 Dec 21 B92RW83 4.5 0.85 LT Group 8.84 PHP 10,821 25.6 24,537 0.5 -10.7 3.4 3,415 30.8
1.52 10.1 0.7 6.7 2.1 7.3 Dec 21 6514442 17.5 3.26 Metropolitan Bk & Ts 52.60 PHP 4,497 40 94,626 8.2 -3.1 19.4 2,031 104.0
2.12 12.4 1.1 8.0 2.7 9.3 541,113 5.7 3.2 16.3 - -
Real Estate Investment & Services
0.00 N/A N/A N/A N/A N/A BKVDW01 0.7 0.25 AC Energy Temporary 7.50 PHP 1,859 52 7,258 -10.4 - - - -
0.99 16.0 1.2 43.3 1.9 7.9 Dec 21 B09JBT3 22.9 7.81 Ayala Corporation 702.00 PHP 620 52 226,443 13.2 -12.8 -8.6 394 280.5
0.95 34.8 1.8 53.5 4.1 5.4 Dec 21 6055112 22.9 7.82 Ayala Land 28.65 PHP 14,796 53.4 226,779 13.5 -21.9 -15.1 14,787 415.9
0.62 9.9 0.5 7.9 0.6 5.6 Dec 21 B77H110 4.8 1.65 GT Capital Holdings 482.00 PHP 215 46 47,733 6.3 -10.7 -10.7 181 88.7
1.70 6.0 0.4 21.4 1.6 7.1 Dec 21 6563648 2.9 0.99 Megaworld 2.50 PHP 31,841 36 28,657 10.6 -20.6 -11.3 16,710 40.8
0.26 50.2 3.3 50.2 13.3 6.8 Dec 21 6818843 45.8 15.62 SM Prime Hldgs 37.85 PHP 28,879 41.4 452,953 3.4 11.7 11.3 8,631 323.0
0.64 25.0 1.6 37.9 3.3 6.7 989,822 8.0 -8.3 -4.4 - -
Travel and Leisure
0.00 -18.2 2.7 -ve 3.5 -13.8 Dec 21 B7RLFB0 19.4 0.83 Bloomberry Resorts 7.09 PHP 10,861 31.2 24,026 17.2 12.5 19.8 4,396 30.3
0.82 43.4 6.1 15.1 1.7 14.9 Dec 21 6474494 80.6 3.44 Jollibee Foods 239.60 PHP 1,111 37.4 99,670 19.1 10.7 18.7 558 127.1
0.66 +ve 4.9 18.8 1.9 3.9 123,695 18.7 11.1 18.9 - -
Food Producers
0.00 95.2 4.3 24.6 4.3 6.7 Dec 21 BMDTTT9 40.6 3.19 Monde Nissin 16.50 PHP 17,969 31.1 92,461 15.9 1.9 -2.0 9,287 149.3
3.72 12.8 2.7 6.2 0.8 22.6 Dec 21 BDTYKJ2 12.5 0.98 San Miguel Food and 43.00 PHP 5,909 11.2 28,548 -1.7 -39.4 -44.5 306 13.8
5.66 11.4 2.4 19.8 2.3 23.2 Dec 21 6919519 46.9 3.69 Universal Robina 122.00 PHP 2,191 40 106,895 9.9 -4.7 -19.1 1,372 169.6
3.12 18.1 3.0 16.6 2.2 19.4 227,905 10.6 -8.9 -19.0 - -
Personal Care, Drug & Grocery St.
2.92 12.0 1.3 8.1 0.6 11.4 Dec 21 B725S29 100.0 1.15 Puregold Price Club 34.25 PHP 2,882 33.9 33,458 13.4 -12.8 -18.0 2,013 68.5
2.92 12.0 1.3 8.1 0.6 11.4 33,458 13.4 -12.8 -18.0 - -
General Industrials
0.70 5.6 0.5 4.5 0.7 8.6 Dec 21 6147105 14.3 1.31 Alliance Global 10.04 PHP 9,466 40 38,015 1.5 -14.9 -2.5 3,534 34.3
10.11 6.8 1.4 6.0 1.2 21.8 Dec 21 6272483 14.6 1.34 DMCI Holdings 9.50 PHP 13,278 30.7 38,736 0.0 23.2 59.3 5,013 48.8
0.78 71.2 1.1 56.7 1.8 1.7 Dec 21 6466457 58.0 5.31 JG Summit Holdings 51.20 PHP 7,521 40 154,030 -0.6 -3.4 -21.1 1,220 66.4
1.47 18.9 0.7 4.1 0.2 3.7 Dec 21 B56DTZ5 13.1 1.20 San Miguel 95.55 PHP 2,384 15.2 34,727 -9.4 -16.8 -10.0 1,072 109.5
2.22 16.1 0.9 10.2 0.8 5.8 265,508 -1.5 -4.3 -10.5 - -
Industrial Transportation
3.63 15.8 13.8 12.1 4.0 98.3 Dec 21 6455819 100.0 6.83 International Contai 181.20 PHP 2,040 53.6 198,190 -6.7 -9.2 -2.4 1,838 337.7
3.63 15.8 13.8 12.1 4.0 98.3 198,190 -6.7 -9.2 -2.4 - -
Oil Gas and Coal
3.65 10.8 3.8 8.2 3.3 36.9 Dec 21 BQ13Z04 100.0 1.66 Semirara Mining and 41.10 PHP 4,251 27.5 48,131 -1.0 92.5 157.8 6,742 276.5
3.65 10.8 3.8 8.2 3.3 36.9 48,131 -1.0 92.5 157.8 - -
Electricity
4.63 10.8 1.6 6.5 1.7 15.5 Dec 21 B1Z9Q99 27.9 1.68 Aboitiz Power 31.30 PHP 7,359 21.1 48,644 -4.1 5.4 11.8 989 31.4
0.80 55.0 3.4 55.1 11.4 10.0 Dec 21 BMBZPW4 26.6 1.60 ACEN 7.50 PHP 39,645 15.6 46,384 -10.4 -31.8 -21.8 21,112 175.8
5.32 13.5 3.6 7.2 1.1 28.8 Dec 21 B247XZ6 45.4 2.73 Manila Electric 301.20 PHP 1,127 23.2 79,059 -11.4 2.0 6.8 413 131.5
3.92 15.6 2.6 9.1 1.6 19.4 174,088 -9.2 5.0 10.4 - -
Gas Water and Multi-utilities
2.74 9.5 0.6 6.2 2.5 6.1 Dec 21 B1L8838 100.0 1.71 Metro Pacific Invest 3.73 PHP 29,555 45 49,608 1.1 -4.1 -2.9 16,472 61.2
2.74 9.5 0.6 6.2 2.5 6.1 49,608 1.1 -4.1 -2.9 - -
FTSE Philippines
2.10 17.0 1.6 11.9 2.1 10.0 2,899,845 4.1 -5.8 -2.3 - -

5–140
August 2022 FTSE Russell

Poland - Overview WORLD/DEVELOPED

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Pepco Group Retailers 35.44 4.48 Dino Polska SA Personal Care, Drug & Grocery St. 343.70 5.88
Allegro Consumer Services 24.80 -0.94 Polskie Gornictwo Na Oil Gas and Coal 5.59 -11.27
Cyfrowy Polsat SA Telecommunications Service Prov. 19.40 -2.90 PKN Oil Gas and Coal 60.98 -17.93
Dino Polska SA Personal Care, Drug & Grocery St. 343.70 -4.92 Santander Bank Polsk Banks 214.20 -29.07
Powszechny Zaklad Ub Non-life Insurance 28.16 -7.00 Powszechny Zaklad Ub Non-life Insurance 28.16 -30.64

Bank Pekao Banks 65.20 -10.93 PKO Bank Polski Banks 23.52 -44.07
LPP SA Personal Goods 8,490.00 -14.11 Cyfrowy Polsat SA Telecommunications Service Prov. 19.40 -46.94
Polskie Gornictwo Na Oil Gas and Coal 5.59 -19.20 CD Projekt SA Leisure Goods 84.12 -50.32
PKN Oil Gas and Coal 60.98 -19.25 KGHM Polska Industrial Metals and Mining 88.50 -50.36
KGHM Polska Industrial Metals and Mining 88.50 -23.34 Allegro Consumer Services 24.80 -65.08

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Pepco Group Retailers 35.44 2.59 0.10 Dino Polska SA Personal Care, Drug & Grocery St. 343.70 11.04 0.43
Allegro Consumer Services 24.80 6.43 -0.05 Polskie Gornictwo Na Oil Gas and Coal 5.59 6.48 -0.53
Cyfrowy Polsat SA Telecommunications Service Prov. 19.40 3.46 -0.09 Pepco Group Retailers 35.44 2.59 -0.57

Country Details
CD Projekt SA Leisure Goods 84.12 3.68 -0.26 Santander Bank Polsk Banks 214.20 4.25 -1.13
Santander Bank Polsk Banks 214.20 4.25 -0.36 Cyfrowy Polsat SA Telecommunications Service Prov. 19.40 3.46 -2.02

LPP SA Personal Goods 8,490.00 6.28 -0.91 Bank Pekao Banks 65.20 6.82 -2.86
PKO Bank Polski Banks 23.52 13.39 -1.34 Powszechny Zaklad Ub Non-life Insurance 28.16 10.54 -3.07
Polskie Gornictwo Na Oil Gas and Coal 5.59 6.48 -1.36 KGHM Polska Industrial Metals and Mining 88.50 8.08 -5.38
KGHM Polska Industrial Metals and Mining 88.50 8.08 -2.17 PKO Bank Polski Banks 23.52 13.39 -6.90
PKN Oil Gas and Coal 60.98 16.96 -3.56 Allegro Consumer Services 24.80 6.43 -8.00

FTSE Poland Index Performance % FTSE Poland Index Volatility %

110 80

100 70

60
90
50
80
40
70

5–141
30
60
20
50
10
40 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–141
FTSE All-World Review August 2022

Poland - Industry/Sector/Style Summary WORLD/DEVELOPED

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % PLN (mn) Wgt % Stocks Cont1M%
11.34 1.5 0.6 2.9 0.7 40.1 Telecommunications 673.61 -2.90 -44.12 -46.94 697.15 -2.90 -44.12 -45.08 5,179 3.46 1 -0.09
11.34 1.5 0.6 2.9 0.7 40.1 Telecommunications Service Prov. 673.61 -2.90 -44.12 -46.94 697.15 -2.90 -44.12 -45.08 5,179 3.46 1 -0.09
8.28 6.5 0.9 5.9 1.2 13.7 Financials 12829.30 -9.23 -40.16 -37.88 308.49 -6.72 -37.71 -33.39 52,325 35.00 4 -3.13
6.49 6.6 0.8 12.1 1.9 11.6 Banks 16609.30 -10.16 -45.95 -40.55 360.56 -6.60 -42.80 -36.51 36,568 24.46 3 -2.44
12.43 6.1 1.3 2.7 0.6 22.0 Non-life Insurance 17264.50 -7.00 -20.34 -30.64 547.63 -7.00 -20.34 -24.19 15,756 10.54 1 -0.70
3.35 16.7 3.7 8.4 2.0 23.2 Consumer Discretionary 3362.98 -6.29 -45.21 -52.64 52.01 -6.29 -44.41 -51.95 28,378 18.98 4 -1.12
0.00 16.6 2.7 19.8 4.7 17.4 Consumer Services 1240.22 -0.94 -36.18 -65.08 18.12 -0.94 -36.18 -65.08 9,613 6.43 1 -0.05
1.19 28.1 4.5 8.7 9.5 14.8 Leisure Goods 376.88 -7.37 -56.39 -50.32 391.74 -7.37 -55.94 -49.81 5,508 3.68 1 -0.26
9.42 16.0 4.8 5.5 1.1 31.0 Personal Goods 1040.44 -14.11 -50.64 -39.18 1115.97 -14.11 -48.87 -37.01 9,389 6.28 1 -0.91
0.00 11.5 4.4 7.0 1.1 43.8 Retailers 762.64 4.48 -23.81 762.64 4.48 -23.81 3,868 2.59 1 0.10
0.00 41.5 11.0 26.3 2.5 30.4 Consumer Staples 40975.20 -4.92 -6.43 5.88 530.22 -4.92 -6.43 5.88 16,511 11.04 1 -0.50
0.00 41.5 11.0 26.3 2.5 30.4 Personal Care, Drug & Grocery St. 8739.87 -4.92 -6.43 5.88 131.42 -4.92 -6.43 5.88 16,511 11.04 1 -0.50
3.39 2.9 0.7 4.4 0.6 25.8 Basic Materials 23533.70 -23.34 -36.51 -50.36 937.93 -23.34 -34.61 -48.88 12,073 8.08 1 -2.17
3.39 2.9 0.7 4.4 0.6 25.8 Industrial Metals and Mining 31024.30 -23.34 -36.51 -50.36 1148.31 -23.34 -34.61 -48.88 12,073 8.08 1 -2.17
5.19 3.7 0.7 3.6 0.3 21.7 Energy 26453.80 -19.24 -16.50 -16.47 514.99 -19.24 -13.76 -13.73 35,040 23.44 2 -4.92
5.19 3.7 0.7 3.6 0.3 21.7 Oil Gas and Coal 26453.80 -19.24 -16.50 -16.47 514.99 -19.24 -13.76 -13.73 35,040 23.44 2 -4.92
5.42 5.4 1.1 5.5 0.7 20.0 FTSE Poland 7905.89 -11.93 -35.06 -37.39 190.01 -11.12 -33.33 -34.90 149,506 100.00 13 -

5–142
August 2022 FTSE Russell

Poland - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% PLN (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Telecommunications Service Prov.
11.34 1.5 0.6 2.9 0.7 40.1 Dec 21 B2QRCM4 100.0 3.46 Cyfrowy Polsat SA 19.40 PLN 460 58 5,179 100.0 -2.9 -44.1 -46.9 491 9.9
11.34 1.5 0.6 2.9 0.7 40.1 5,179 -2.9 -44.1 -46.9 - -
Banks
6.60 6.8 0.8 69.6 1.9 11.0 Dec 21 5473113 27.9 6.82 Bank Pekao 65.20 PLN 263 59.5 10,199 0.0 -10.9 -46.6 -39.2 931 65.7
7.78 5.5 0.8 93.6 1.7 13.8 Dec 21 B03NGS5 54.8 13.39 PKO Bank Polski 23.52 PLN 1,250 68.1 20,021 25.0 -10.2 -47.7 -44.1 3,506 86.0
2.26 16.0 0.9 2.4 2.2 5.3 Dec 21 7153639 17.4 4.25 Santander Bank Polsk 214.20 PLN 102 28.9 6,348 100.0 -8.8 -38.5 -29.1 61 14.2
6.49 6.6 0.8 12.1 1.9 11.6 36,568 -10.2 -46.0 -40.6 - -
Non-life Insurance
12.43 6.1 1.3 2.7 0.6 22.0 Dec 21 B63DG21 100.0 10.54 Powszechny Zaklad Ub 28.16 PLN 863 64.8 15,756 0.0 -7.0 -20.3 -30.6 1,329 39.4
12.43 6.1 1.3 2.7 0.6 22.0 15,756 -7.0 -20.3 -30.6 - -
Consumer Services
0.00 16.6 2.7 19.8 4.7 17.4 Dec 21 BMBQDF6 100.0 6.43 Allegro 24.80 PLN 1,022 37.9 9,613 0.0 -0.9 -36.2 -65.1 2,462 65.3
0.00 16.6 2.7 19.8 4.7 17.4 9,613 -0.9 -36.2 -65.1 - -
Leisure Goods
1.19 28.1 4.5 8.7 9.5 14.8 Dec 21 7302215 100.0 3.68 CD Projekt SA 84.12 PLN 101 65 5,508 100.0 -7.4 -56.4 -50.3 337 29.8
1.19 28.1 4.5 8.7 9.5 14.8 5,508 -7.4 -56.4 -50.3 - -
Personal Goods
9.42 16.0 4.8 5.5 1.1 31.0 Jan 22 7127979 100.0 6.28 LPP SA 8,490.00 PLN 2 59.7 9,389 100.0 -14.1 -50.6 -39.2 2 14.0

Country Details
9.42 16.0 4.8 5.5 1.1 31.0 9,389 -14.1 -50.6 -39.2 - -
Retailers
0.00 11.5 4.4 7.0 1.1 43.8 Sep 21 BMXNYN0 100.0 2.59 Pepco Group 35.44 PLN 575 18.9 3,868 4.5 -23.8 -34.1 170 6.3
0.00 11.5 4.4 7.0 1.1 43.8 3,868 4.5 -23.8 - - -
Personal Care, Drug & Grocery St.
0.00 41.5 11.0 26.3 2.5 30.4 Dec 21 BD0YVN2 100.0 11.04 Dino Polska SA 343.70 PLN 98 49 16,511 100.0 -4.9 -6.4 5.9 215 78.2
0.00 41.5 11.0 26.3 2.5 30.4 16,511 -4.9 -6.4 5.9 - -
Industrial Metals and Mining
3.39 2.9 0.7 4.4 0.6 25.8 Dec 21 5263251 100.0 8.08 KGHM Polska 88.50 PLN 200 68.2 12,073 0.0 -23.3 -36.5 -50.4 574 60.1
3.39 2.9 0.7 4.4 0.6 25.8 12,073 -23.3 -36.5 -50.4 - -
Oil Gas and Coal
5.74 3.4 0.7 2.9 0.3 24.3 Dec 21 5810066 72.3 16.96 PKN 60.98 PLN 626 66.3 25,350 0.0 -19.3 -18.0 -17.9 1,764 119.9
3.76 4.7 0.7 9.3 0.5 15.6 Dec 21 B0L9113 27.7 6.48 Polskie Gornictwo Na 5.59 PLN 5,778 30 9,690 25.0 -19.2 -11.3 -11.3 6,348 39.2
5.19 3.7 0.7 3.6 0.3 21.7 35,040 -19.2 -16.5 -16.5 - -
FTSE Poland
5.42 5.4 1.1 5.5 0.7 20.0 149,506 -11.9 -35.1 -37.4 - -

5–143

5–143
FTSE All-World Review August 2022

Portugal - Overview WORLD/DEVELOPED

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Galp Energia SGPS SA Oil Gas and Coal 10.80 5.01 Galp Energia SGPS SA Oil Gas and Coal 10.80 24.45
Jeronimo Martins Personal Care, Drug & Grocery St. 22.10 -2.30 Jeronimo Martins Personal Care, Drug & Grocery St. 22.10 23.12
EDP Electricity 4.76 -3.58 EDP Renovaveis Electricity 24.17 7.33
EDP Renovaveis Electricity 24.17 -4.47 EDP Electricity 4.76 2.36

Galp Energia SGPS SA Oil Gas and Coal 10.80 5.01 Galp Energia SGPS SA Oil Gas and Coal 10.80 24.45
Jeronimo Martins Personal Care, Drug & Grocery St. 22.10 -2.30 Jeronimo Martins Personal Care, Drug & Grocery St. 22.10 23.12
EDP Electricity 4.76 -3.58 EDP Renovaveis Electricity 24.17 7.33
EDP Renovaveis Electricity 24.17 -4.47 EDP Electricity 4.76 2.36

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Galp Energia SGPS SA Oil Gas and Coal 10.80 17.97 0.84 Jeronimo Martins Personal Care, Drug & Grocery St. 22.10 19.67 3.95
Jeronimo Martins Personal Care, Drug & Grocery St. 22.10 19.67 -0.45 Galp Energia SGPS SA Oil Gas and Coal 10.80 17.97 3.89
EDP Renovaveis Electricity 24.17 18.81 -0.86 EDP Renovaveis Electricity 24.17 18.81 1.42
EDP Electricity 4.76 43.55 -1.59 EDP Electricity 4.76 43.55 1.14

Galp Energia SGPS SA Oil Gas and Coal 10.80 17.97 0.84 Jeronimo Martins Personal Care, Drug & Grocery St. 22.10 19.67 3.95
Jeronimo Martins Personal Care, Drug & Grocery St. 22.10 19.67 -0.45 Galp Energia SGPS SA Oil Gas and Coal 10.80 17.97 3.89
EDP Renovaveis Electricity 24.17 18.81 -0.86 EDP Renovaveis Electricity 24.17 18.81 1.42
EDP Electricity 4.76 43.55 -1.59 EDP Electricity 4.76 43.55 1.14

FTSE Portugal Index Performance % FTSE Portugal Index Volatility %

140 90
80
130
70
120
60
110 50

100 40
30
90
20
80
10
70 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–144
August 2022 FTSE Russell

Portugal - Industry/Sector/Style Summary WORLD/DEVELOPED

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % EUR (mn) Wgt % Stocks Cont1M%
3.55 29.2 6.1 8.7 0.7 22.2 Consumer Staples 1671.08 -2.30 9.95 23.12 1774.86 -2.30 14.60 28.32 6,076 19.67 1 -0.45
3.55 29.2 6.1 8.7 0.7 22.2 Personal Care, Drug & Grocery St. 757.83 -2.30 9.95 23.12 1432.92 -2.30 14.60 28.32 6,076 19.67 1 -0.45
4.63 +ve 2.7 9.1 0.5 1.5 Energy 294.76 5.01 26.70 24.45 597.19 5.01 29.68 31.30 5,549 17.97 1 0.84
4.63 +ve 2.7 9.1 0.5 1.5 Oil Gas and Coal 294.76 5.01 26.70 24.45 597.19 5.01 29.68 31.30 5,549 17.97 1 0.84
3.00 19.3 2.2 14.7 1.7 11.4 Utilities 457.18 -3.85 1.84 3.81 1272.41 -3.85 4.96 7.00 19,262 62.36 2 -2.45
3.00 19.3 2.2 14.7 1.7 11.4 Electricity 457.18 -3.85 1.84 3.81 1272.41 -3.85 4.96 7.00 19,262 62.36 2 -2.45
3.40 24.9 2.6 11.8 1.0 10.5 FTSE Portugal 154.20 -2.06 7.17 10.39 359.32 -2.06 10.57 14.43 30,887 100.00 4 -

Portugal - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% EUR (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Personal Care, Drug & Grocery St.
3.55 29.2 6.1 8.7 0.7 22.2 Dec 21 B1Y1SQ7 100.0 19.67 Jeronimo Martins 22.10 EUR 628 43.7 6,076 50.0 -2.3 10.0 23.1 948 21.3

Country Details
3.55 29.2 6.1 8.7 0.7 22.2 6,076 -2.3 10.0 23.1 - -
Oil Gas and Coal
4.63 +ve 2.7 9.1 0.5 1.5 Dec 21 B1FW751 100.0 17.97 Galp Energia SGPS SA 10.80 EUR 771 66.6 5,549 50.0 5.0 26.7 24.5 3,432 36.5
4.63 +ve 2.7 9.1 0.5 1.5 5,549 5.0 26.7 24.5 - -
Electricity
3.99 16.2 2.0 11.9 1.3 12.3 Dec 21 4103596 69.8 43.55 EDP 4.76 EUR 3,947 71.5 13,452 0.0 -3.6 -1.4 2.4 8,078 40.6
0.70 34.3 2.6 33.2 13.2 8.4 Dec 21 B39GNW2 30.2 18.81 EDP Renovaveis 24.17 EUR 961 25 5,810 100.0 -4.5 10.4 7.3 809 20.7
3.00 19.3 2.2 14.7 1.7 11.4 19,262 -3.9 1.8 3.8 - -
FTSE Portugal
3.40 24.9 2.6 11.8 1.0 10.5 30,887 -2.1 7.2 10.4 - -

5–145

5–145
FTSE All-World Review August 2022

Qatar - Overview EMERGING

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Ezdan Holding Real Estate Investment & Services 1.37 29.12 Qatar Industries Industrial Materials 18.15 41.25
QAMCO Industrial Metals and Mining 1.88 11.11 Qatar Islamic Bank Banks 25.61 39.95
Qatar Industries Industrial Materials 18.15 6.76 Ooredoo QSC Telecommunications Service Prov. 9.08 31.35
Qatar Fuel (Woqod) Q Oil Gas and Coal 19.01 6.74 Mesaieed Petrochemic Chemicals 2.60 30.00
United Development C Real Estate Investment & Services 1.60 5.19 Qatar Gas Transport Industrial Transportation 4.00 29.24

Qatar Insurance Co Non-life Insurance 2.33 -1.06 Vodafone Qatar Q.S.C Telecommunications Service Prov. 1.65 3.65
Vodafone Qatar Q.S.C Telecommunications Service Prov. 1.65 -1.32 Masraf Al Rayan Banks 4.52 -0.64
Qatar Gas Transport Industrial Transportation 4.00 -1.96 Qatar Insurance Co Non-life Insurance 2.33 -6.63
Ooredoo QSC Telecommunications Service Prov. 9.08 -2.36 Doha Bank Ltd Banks 2.52 -12.50
Mesaieed Petrochemic Chemicals 2.60 -4.41 Ezdan Holding Real Estate Investment & Services 1.37 -13.40

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Qatar National Bank Banks 20.64 30.28 0.79 Qatar Islamic Bank Banks 25.61 15.21 4.40
Qatar Industries Industrial Materials 18.15 9.45 0.61 Qatar Industries Industrial Materials 18.15 9.45 3.57
Masraf Al Rayan Banks 4.52 9.26 0.25 Qatar National Bank Banks 20.64 30.28 2.76
Qatar Fuel (Woqod) Q Oil Gas and Coal 19.01 3.06 0.20 Commercial Bank of Q Banks 7.33 8.16 1.42
QAMCO Industrial Metals and Mining 1.88 1.70 0.17 Mesaieed Petrochemic Chemicals 2.60 3.72 1.17

Qatar Insurance Co Non-life Insurance 2.33 1.23 -0.01 Vodafone Qatar Q.S.C Telecommunications Service Prov. 1.65 0.90 0.04
Qatar Islamic Bank Banks 25.61 15.21 -0.06 Qatar Insurance Co Non-life Insurance 2.33 1.23 -0.11
Ooredoo QSC Telecommunications Service Prov. 9.08 2.48 -0.06 Ezdan Holding Real Estate Investment & Services 1.37 0.70 -0.15
Qatar Gas Transport Industrial Transportation 4.00 3.59 -0.07 Doha Bank Ltd Banks 2.52 1.27 -0.23
Mesaieed Petrochemic Chemicals 2.60 3.72 -0.18 Masraf Al Rayan Banks 4.52 9.26 -0.31

FTSE Qatar Index Performance % FTSE Qatar Index Volatility %

160 70

150 60

140 50

130 40

120 30

110 20

100 10

90 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country vol 1m vol 3m

5–146
August 2022 FTSE Russell

Qatar - Industry/Sector/Style Summary EMERGING

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % QAT (mn) Wgt % Stocks Cont1M%
3.40 17.3 1.4 4.1 1.2 7.9 Telecommunications 248.65 -2.08 19.49 22.65 456.42 -2.08 24.17 27.46 10,216 3.38 2 -0.07
3.40 17.3 1.4 4.1 1.2 7.9 Telecommunications Service Prov. 248.65 -2.08 19.49 22.65 456.42 -2.08 24.17 27.46 10,216 3.38 2 -0.07
2.72 16.6 2.3 14.1 4.2 14.5 Financials 379.61 1.52 7.81 12.76 702.40 1.52 10.84 15.93 206,765 68.32 7 1.04
2.69 16.7 2.3 14.0 4.6 14.9 Banks 432.33 1.57 8.44 13.25 797.61 1.57 11.46 16.41 203,044 67.09 6 1.06
4.30 13.5 0.9 22.3 0.8 6.7 Non-life Insurance 97.95 -1.06 -15.45 -6.63 168.15 -1.06 -11.93 -2.74 3,721 1.23 1 -0.01
3.60 16.8 0.7 20.5 5.4 4.1 Real Estate 1070.06 6.95 12.62 9.02 1107.97 6.95 16.62 12.88 11,928 3.94 3 0.26
3.60 16.8 0.7 20.5 5.4 4.1 Real Estate Investment & Services 237.90 6.95 12.62 9.02 474.46 6.95 16.62 12.88 11,928 3.94 3 0.26
3.00 16.4 2.5 11.6 6.2 17.1 Industrials 391.00 -1.96 21.21 29.24 750.77 -1.96 25.20 33.50 10,859 3.59 1 -0.07
3.00 16.4 2.5 11.6 6.2 17.1 Industrial Transportation 378.12 -1.96 21.21 29.24 736.32 -1.96 25.20 33.50 10,859 3.59 1 -0.07
5.05 14.3 2.3 16.1 10.8 17.4 Basic Materials 222.56 4.18 17.24 34.86 398.44 4.18 22.87 41.34 45,003 14.87 3 0.61
5.51 13.6 2.8 14.0 7.7 22.1 Industrial Materials 1500.00 6.76 17.17 41.25 1581.43 6.76 23.53 48.91 28,594 9.45 1 0.61
4.26 12.6 1.6 16.6 N/A 13.8 Industrial Metals and Mining 392.38 11.11 4.39 15.34 707.37 11.11 8.20 19.55 5,140 1.70 1 0.17
4.23 17.5 1.9 26.1 +ve 11.3 Chemicals 183.17 -4.41 24.40 30.00 328.51 -4.41 29.52 35.35 11,269 3.72 1 -0.18
4.00 19.4 2.1 11.5 1.0 11.2 Energy 127.27 6.74 3.99 3.88 212.76 6.74 8.20 8.08 9,261 3.06 1 0.20
4.00 19.4 2.1 11.5 1.0 11.2 Oil Gas and Coal 128.74 6.74 3.99 3.88 216.56 6.74 8.20 8.08 9,261 3.06 1 0.20
4.23 14.1 1.8 12.7 8.4 13.7 Utilities 251.09 2.11 13.86 13.86 481.23 2.11 18.66 18.66 8,605 2.84 1 0.06
4.23 14.1 1.8 12.7 8.4 13.7 Gas Water and Multi-utilities 251.09 2.11 13.86 13.86 481.23 2.11 18.66 18.66 8,605 2.84 1 0.06
3.21 16.2 2.0 13.2 4.0 13.2 FTSE Qatar 359.14 2.02 10.52 16.50 671.11 2.02 14.21 20.40 302,638 100.00 18 -

Country Details
5–147

5–147
FTSE All-World Review August 2022

Qatar - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% QAT (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Telecommunications Service Prov.
3.30 19.4 1.4 3.5 1.0 6.8 Dec 21 6158174 73.5 2.48 Ooredoo QSC 9.08 QAR 3,203 25.8 7,504 -2.4 29.3 31.3 976 8.8
3.65 13.4 1.5 8.0 2.8 11.4 Dec 21 B3WYBN0 26.5 0.90 Vodafone Qatar Q.S.C 1.65 QAR 4,227 39 2,712 -1.3 -1.3 3.7 2,189 3.7
3.40 17.3 1.4 4.1 1.2 7.9 10,216 -2.1 19.5 22.6 - -
Banks
2.18 14.1 1.8 4.7 3.8 13.0 Dec 21 6150448 12.2 8.16 Commercial Bank of Q 7.33 QAR 4,047 83.2 24,685 0.5 8.6 21.4 8,884 66.5
2.98 11.1 0.8 3.6 1.8 7.7 Dec 21 6273420 1.9 1.27 Doha Bank Ltd 2.52 QAR 3,101 49 3,828 0.4 -21.3 -12.5 4,751 12.0
3.76 24.5 2.0 20.0 8.2 10.3 Dec 21 B0VR7W0 13.8 9.26 Masraf Al Rayan 4.52 QAR 9,300 66.6 28,011 2.7 -2.6 -0.6 7,827 36.3
3.15 19.8 3.1 10.9 7.1 16.1 Dec 21 6571544 4.4 2.92 Qatar International 11.91 QAR 1,514 49 8,834 0.9 29.3 24.1 1,392 16.9
2.25 17.7 3.3 21.3 7.3 20.0 Dec 21 6713982 22.7 15.21 Qatar Islamic Bank 25.61 QAR 2,363 76 46,046 -0.4 39.7 39.9 1,290 34.0
2.66 15.5 2.4 24.3 3.7 15.9 Dec 21 6148197 45.1 30.28 Qatar National Bank 20.64 QAR 9,236 48 91,641 2.6 2.2 7.7 3,749 80.9
2.69 16.7 2.3 14.0 4.6 14.9 203,044 1.6 8.4 13.2 - -
Non-life Insurance
4.30 13.5 0.9 22.3 0.8 6.7 Dec 21 6148045 100.0 1.23 Qatar Insurance Co 2.33 QAR 3,266 49 3,721 -1.1 -15.5 -6.6 981 2.3
4.30 13.5 0.9 22.3 0.8 6.7 3,721 -1.1 -15.5 -6.6 - -
Real Estate Investment & Services
4.75 12.9 0.7 18.6 6.2 5.4 Dec 21 B0YTG26 58.9 2.32 Barwa Real Estate Co 3.68 QAR 3,891 49 7,022 2.3 20.4 20.0 2,889 10.7
0.00 +ve 1.1 34.8 25.7 0.2 Dec 21 B2PWTM9 17.9 0.70 Ezdan Holding 1.37 QAR 26,525 5.8 2,129 29.1 2.2 -13.4 22,245 29.2
3.44 17.4 0.5 19.2 2.8 3.0 Dec 21 6651093 23.3 0.92 United Development C 1.60 QAR 3,541 49 2,776 5.2 3.9 5.6 3,167 4.9
3.60 16.8 0.7 20.5 5.4 4.1 11,928 7.0 12.6 9.0 - -
Industrial Transportation
3.00 16.4 2.5 11.6 6.2 17.1 Dec 21 B0MLBC9 100.0 3.59 Qatar Gas Transport 4.00 QAR 5,540 49 10,859 -2.0 21.2 29.2 3,190 12.9
3.00 16.4 2.5 11.6 6.2 17.1 10,859 -2.0 21.2 29.2 - -
Industrial Materials
5.51 13.6 2.8 14.0 7.7 22.1 Dec 21 6673570 100.0 9.45 Qatar Industries 18.15 QAR 6,050 26 28,594 6.8 17.2 41.2 2,792 49.8
5.51 13.6 2.8 14.0 7.7 22.1 28,594 6.8 17.2 41.2 - -
Industrial Metals and Mining
4.26 12.6 1.6 16.6 N/A 13.8 Dec 21 BH4NZS6 100.0 1.70 QAMCO 1.88 QAR 5,580 49 5,140 11.1 4.4 15.3 31,813 60.8
4.26 12.6 1.6 16.6 N/A 13.8 5,140 11.1 4.4 15.3 - -
Chemicals
4.23 17.5 1.9 26.1 +ve 11.3 Dec 21 BK4Z0B1 100.0 3.72 Mesaieed Petrochemic 2.60 QAR 12,563 34.5 11,269 -4.4 24.4 30.0 4,884 13.1
4.23 17.5 1.9 26.1 +ve 11.3 11,269 -4.4 24.4 30.0 - -
Oil Gas and Coal
4.00 19.4 2.1 11.5 1.0 11.2 Dec 21 6516556 100.0 3.06 Qatar Fuel (Woqod) Q 19.01 QAR 994 49 9,261 6.7 4.0 3.9 635 11.8
4.00 19.4 2.1 11.5 1.0 11.2 9,261 6.7 4.0 3.9 - -
Gas Water and Multi-utilities
4.23 14.1 1.8 12.7 8.4 13.7 Dec 21 6566614 100.0 2.84 Qatar Electricity & 18.90 QAR 1,100 41.3 8,605 2.1 13.9 13.9 404 7.8
4.23 14.1 1.8 12.7 8.4 13.7 8,605 2.1 13.9 13.9 - -
FTSE Qatar
3.21 16.2 2.0 13.2 4.0 13.2 302,638 2.0 10.5 16.5 - -

5–148
August 2022 FTSE Russell

Romania - Overview EMERGING

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Banca Transilvania S Banks 19.90 1.02 Societatea Nationala Electricity 44.85 50.00
Petrom S.A. Oil Gas and Coal 0.47 -2.25 Petrom S.A. Oil Gas and Coal 0.47 27.24
Societatea Nationala Electricity 44.85 -4.06 Banca Transilvania S Banks 19.90 -17.22

Banca Transilvania S Banks 19.90 1.02 Societatea Nationala Electricity 44.85 50.00
Petrom S.A. Oil Gas and Coal 0.47 -2.25 Petrom S.A. Oil Gas and Coal 0.47 27.24
Societatea Nationala Electricity 44.85 -4.06 Banca Transilvania S Banks 19.90 -17.22

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Banca Transilvania S Banks 19.90 53.18 0.45 Petrom S.A. Oil Gas and Coal 0.47 35.60 5.53
Societatea Nationala Electricity 44.85 11.22 -0.48 Societatea Nationala Electricity 44.85 11.22 -0.05
Petrom S.A. Oil Gas and Coal 0.47 35.60 -0.82 Banca Transilvania S Banks 19.90 53.18 -10.92

Banca Transilvania S Banks 19.90 53.18 0.45 Petrom S.A. Oil Gas and Coal 0.47 35.60 5.53
Societatea Nationala Electricity 44.85 11.22 -0.48 Societatea Nationala Electricity 44.85 11.22 -0.05
Petrom S.A. Oil Gas and Coal 0.47 35.60 -0.82 Banca Transilvania S Banks 19.90 53.18 -10.92

Country Details
FTSE Romania Index Performance % FTSE Romania Index Volatility %
140 120

130 100

120 80

110 60

100 40

90 20

80 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21

5–149
Country vol 1m vol 3m

5–149
FTSE All-World Review August 2022

Romania - Industry/Sector/Style Summary EMERGING

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % RON (mn) Wgt % Stocks Cont1M%
5.68 6.7 1.4 1.4 2.4 20.8 Financials 410.51 1.02 -13.52 -17.22 769.94 1.02 -8.92 -10.18 11,225 53.18 1 0.45
5.68 6.7 1.4 1.4 2.4 20.8 Banks 410.51 1.02 -13.52 -17.22 769.94 1.02 -8.92 -10.18 11,225 53.18 1 0.45

6.52 10.3 0.9 4.2 1.1 8.5 Energy 235.98 -2.25 12.20 254.39 -2.25 20.95 7,514 35.60 1 -0.82
6.52 10.3 0.9 4.2 1.1 8.5 Oil Gas and Coal 235.98 -2.25 12.20 254.39 -2.25 20.95 7,514 35.60 1 -0.82

4.40 12.9 1.6 8.8 4.3 13.2 Utilities 199.56 -4.06 208.72 -4.06 2,368 11.22 1 -0.48
4.40 12.9 1.6 8.8 4.3 13.2 Electricity 199.56 -4.06 208.72 -4.06 2,368 11.22 1 -0.48
5.84 8.2 1.2 2.1 1.8 14.4 FTSE Romania 1252.79 -0.84 -3.72 -5.51 1426.14 -0.84 2.14 2.38 21,107 100.00 3 -

5–150
August 2022 FTSE Russell

Romania - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% RON (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Banks
5.68 6.7 1.4 1.4 2.4 20.8 Dec 21 5393307 100.0 53.18 Banca Transilvania S 19.90 RON 708 79.7 11,225 1.0 -13.5 -17.2 1,267 4.7
5.68 6.7 1.4 1.4 2.4 20.8 11,225 1.0 -13.5 -17.2 - -
Oil Gas and Coal
6.52 10.3 0.9 4.2 1.1 8.5 Dec 21 7180411 100.0 35.60 Petrom S.A. 0.47 RON 62,490 25.3 7,514 -2.3 12.2 27.2 9,109 4.6
6.52 10.3 0.9 4.2 1.1 8.5 7,514 -2.3 12.2 - - -
Electricity
4.40 12.9 1.6 8.8 4.3 13.2 Dec 21 BCZRRM0 100.0 11.22 Societatea Nationala 44.85 RON 302 17.5 2,368 -4.1 -4.6 50.0 23 1.1
4.40 12.9 1.6 8.8 4.3 13.2 2,368 -4.1 - - - -
FTSE Romania
5.84 8.2 1.2 2.1 1.8 14.4 21,107 -0.8 -3.7 -5.5 - -

Country Details
5–151

5–151
FTSE All-World Review August 2022

Russia - Overview EMERGING

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Mosenergo Electricity Del Del -0.11
Bashneft (PREF A) Oil & Gas Producers Del Del -0.11
Raspadskaya Mining Del Del -0.13
M Video General Retailers Del Del -0.15
Unipro Electricity Del Del -0.16

NORILSK NICKEL Industrial Metals & Mining Del Del -6.67

Novatek Oil & Gas Producers Del Del -10.20
LUKOIL Oil & Gas Producers Del Del -13.23
Gazprom Oil & Gas Producers Del Del -17.73
Sberbank Banks Del Del -18.59

FTSE Russia Index Performance % FTSE Russia Index Volatility %

150 12000
140
10000
130
120 8000
110
6000
100
90 4000
80
2000
70
60 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country vol 1m vol 3m

5–152
August 2022 FTSE Russell

Russia - Industry/Sector/Style Summary EMERGING

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % USD (mn) Wgt % Stocks Cont1M%

Country Details
5–153

5–153
FTSE All-World Review August 2022

Russia - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% 1M% YTD% 12M% Sh(th) Val(mn)

5–154
August 2022 FTSE Russell

Saudi Arabia - Overview EMERGING

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Saudi Arabian Mining Industrial Metals and Mining 74.50 32.56 Saudi Arabian Mining Industrial Metals and Mining 74.50 104.67
SABIC Agri-Nutrients Chemicals 174.00 30.83 Alinma Bank Banks 38.00 65.94
Saudi Dairy & Foodst Food Producers 199.00 27.56 Bank Albilad Banks 50.60 57.81
Company For Cooperat Non-life Insurance 76.00 21.79 Dallah Healthcare Ho Health Care Providers 118.40 57.45
Arabian Internet and Software and Computer Services 278.00 17.80 Sahara International Chemicals 47.75 43.39

Saudi British Bank Banks 39.95 -4.88 Bindawood Holding Personal Care, Drug & Grocery St. 82.60 -23.52
Rabigh Refining & Pe Oil Gas and Coal 17.32 -5.36 National Industriali Chemicals 15.94 -23.66
Saudi Aramco Oil Gas and Coal 37.50 -5.54 Yanbu National Petro Chemicals 50.10 -26.11
Saudi Industrial Inv Chemicals 25.60 -7.58 Saudi Industrial Inv Chemicals 25.60 -28.69
Bank Al-Jazira Banks 23.56 -10.08 Saudi Pharmaceutical Pharmaceuticals & Biotechnology 28.00 -46.97

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Saudi Arabian Mining Industrial Metals and Mining 74.50 4.93 1.23 Al Rajhi Banking & I Banks 90.20 14.48 3.00
SABIC Agri-Nutrients Chemicals 174.00 3.32 0.80 Saudi Arabian Mining Industrial Metals and Mining 74.50 4.93 2.97
Saudi Telecom Co Telecommunications Service Prov. 41.80 6.15 0.25 The Saudi National Banks 69.90 12.44 1.95

Country Details
Al Rajhi Banking & I Banks 90.20 14.48 0.10 Saudi Aramco Oil Gas and Coal 37.50 8.59 1.56
Saudi Basic Industri Chemicals 100.20 7.38 0.09 Alinma Bank Banks 38.00 3.05 1.46

Saudi Industrial Inv Chemicals 25.60 0.78 -0.06 Jarir Marketing Co Retailers 172.00 0.83 -0.25
Bank Al-Jazira Banks 23.56 0.78 -0.09 Saudi Industrial Inv Chemicals 25.60 0.78 -0.34
Riyad Bank Banks 35.50 4.27 -0.12 Yanbu National Petro Chemicals 50.10 1.13 -0.44
Saudi British Bank Banks 39.95 3.28 -0.17 Saudi Telecom Co Telecommunications Service Prov. 41.80 6.15 -1.61
Saudi Aramco Oil Gas and Coal 37.50 8.59 -0.51 Saudi Basic Industri Chemicals 100.20 7.38 -1.96

FTSE Saudi Arabia Index Performance % FTSE Saudi Arabia Index Volatility %
160 80
150 70
140
60
130
50
120
40
110

5–155
30
100
90 20

80 10
70 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country vol 1m vol 3m

5–155
FTSE All-World Review August 2022

Saudi Arabia - Industry/Sector/Style Summary EMERGING

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % SAR (mn) Wgt % Stocks Cont1M%

1.44 38.4 14.7 24.2 4.3 41.4 Technology 266.03 17.80 47.72 271.07 17.80 50.52 7,006 0.57 1 0.09
1.44 38.4 14.7 24.2 4.3 41.4 Software and Computer Services 266.03 17.80 47.72 271.07 17.80 50.52 7,006 0.57 1 0.09
3.40 15.6 2.6 13.1 2.8 16.9 Telecommunications 375.87 2.66 -3.03 -17.15 668.74 3.45 -0.57 -14.49 94,041 7.70 3 0.20
3.40 15.6 2.6 13.1 2.8 16.9 Telecommunications Service Prov. 436.29 2.66 -3.03 -17.15 728.38 3.45 -0.57 -14.49 94,041 7.70 3 0.20
1.43 46.6 8.4 32.7 8.0 18.6 Health Care 904.73 -2.34 26.91 11.36 1540.63 -2.13 28.28 13.04 35,375 2.90 4 -0.07
1.40 45.9 10.2 33.0 9.1 23.2 Health Care Providers 963.17 -2.48 32.03 17.75 1634.00 -2.27 33.40 19.52 33,729 2.76 3 -0.07
2.14 65.1 1.8 28.6 2.3 2.7 Pharmaceuticals & Biotechnology 557.77 0.72 -28.84 567.80 0.72 -27.56 1,646 0.13 1 0.00
2.30 23.2 2.6 15.1 8.4 12.4 Financials 553.08 -0.71 13.47 22.71 976.47 -0.45 15.41 24.81 573,701 46.97 13 -0.34
2.33 22.9 2.5 14.9 9.5 12.4 Banks 554.76 -0.96 13.27 23.59 984.26 -0.70 15.22 25.71 551,433 45.15 10 -0.45
1.32 44.1 8.8 46.2 23.2 18.4 Investment Banking & Brokerage 229.90 2.99 229.90 2.99 8,194 0.67 1 0.02
2.74 30.8 4.7 29.8 1.8 15.9 Life Insurance 634.95 2.11 25.11 -1.56 1079.42 2.11 28.75 1.30 9,420 0.77 1 0.02
0.00 35.0 3.1 8.9 1.1 9.3 Non-life Insurance 410.09 21.79 -1.94 -16.94 656.38 21.79 -1.94 -16.94 4,655 0.38 1 0.07
1.59 -ve 1.1 25.9 7.4 -0.7 Real Estate 1125.99 5.90 6.84 0.94 1155.01 5.90 8.72 2.71 15,146 1.24 3 0.07
1.59 -ve 1.1 25.9 7.4 -0.7 Real Estate Investment & Services 326.49 5.90 6.84 0.94 538.10 5.90 8.72 2.71 15,146 1.24 3 0.07
2.55 30.3 4.7 16.8 2.5 15.9 Consumer Discretionary 468.03 6.25 -5.97 -11.33 826.94 7.00 -4.19 -9.23 23,068 1.89 4 0.11
0.00 27.1 8.2 12.0 5.5 34.7 Media 871.89 9.09 7.65 30.69 1381.14 9.09 7.65 30.69 6,792 0.56 1 0.05
4.31 19.8 10.1 19.7 1.9 52.8 Retailers 345.44 4.23 -12.66 -22.40 638.18 5.42 -9.86 -19.36 13,630 1.12 2 0.05
0.00 -15.1 1.0 22.4 4.1 -6.3 Travel and Leisure 315.59 9.89 4.29 -16.36 499.92 9.89 4.29 -16.36 2,646 0.22 1 0.02
1.77 37.5 3.9 13.7 1.6 10.4 Consumer Staples 353.44 5.29 11.27 -4.80 597.72 5.52 13.05 -3.04 40,600 3.32 6 0.17
1.59 39.3 2.8 12.6 1.5 7.2 Food Producers 343.98 3.03 7.67 -9.92 579.03 3.03 9.37 -8.50 24,971 2.04 3 0.06
2.06 35.0 10.3 16.0 2.0 27.8 Personal Care, Drug & Grocery St. 622.60 9.11 16.21 6.83 1151.26 9.76 18.38 9.99 15,629 1.28 3 0.11
3.90 39.5 2.7 16.4 6.0 6.8 Industrials 392.96 2.14 -0.05 -11.30 734.58 2.14 1.80 -9.24 23,382 1.91 7 0.04
4.48 25.7 2.5 14.3 7.0 9.7 Construction and Materials 435.53 2.70 0.44 -11.23 841.17 2.70 2.93 -8.45 17,702 1.45 5 0.04
N/A +ve 7.1 16.7 5.1 1.7 Industrial Support Services 306.51 -4.05 -2.70 -7.45 527.07 -4.05 -2.70 -7.45 3,046 0.25 1 -0.01
0.00 -25.4 2.4 +ve 3.4 -9.2 Industrial Transportation 326.77 6.12 -0.17 -15.83 549.40 6.12 -0.17 -15.83 2,634 0.22 1 0.01
3.18 15.1 2.4 10.0 2.9 17.0 Basic Materials 410.45 10.85 3.27 6.40 731.41 10.85 5.57 9.70 253,779 20.78 9 2.07
0.00 34.8 5.1 18.3 6.8 16.0 Industrial Metals and Mining 2882.01 32.56 89.81 104.67 2882.01 32.56 89.81 104.67 60,178 4.93 1 1.23
4.16 12.8 2.1 8.8 2.4 17.1 Chemicals 346.52 5.48 -10.48 -8.38 628.38 5.48 -8.01 -4.92 193,601 15.85 8 0.84
3.19 20.1 6.9 14.1 3.7 36.8 Energy 395.51 -5.53 15.41 16.38 687.21 -4.81 18.11 20.16 112,194 9.19 2 -0.55
3.19 20.1 6.9 14.1 3.7 36.8 Oil Gas and Coal 395.51 -5.53 15.41 16.38 687.21 -4.81 18.11 20.16 112,194 9.19 2 -0.55
1.51 15.1 2.4 4.7 3.1 16.6 Utilities 755.69 1.18 44.96 37.73 1360.39 1.18 47.37 40.03 43,037 3.52 2 0.04
1.51 15.1 2.4 4.7 3.1 16.6 Electricity 755.69 1.18 44.96 37.73 1360.39 1.18 47.37 40.03 43,037 3.52 2 0.04
2.61 20.6 2.7 12.8 4.4 14.5 FTSE Saudi Arabia 468.63 1.84 10.37 12.14 830.65 2.13 12.51 14.73 1,221,331 100.00 54 -

5–156
August 2022 FTSE Russell

Saudi Arabia - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% SAR (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Software and Computer Services
1.44 38.4 14.7 24.2 4.3 41.4 Dec 21 BMVH0Q9 100.0 0.57 Arabian Internet and 278.00 SAR 120 21 7,006 17.8 47.7 - 174 44.7
1.44 38.4 14.7 24.2 4.3 41.4 7,006 17.8 47.7 - - -
Telecommunications Service Prov.
2.32 19.6 1.9 5.9 1.9 9.7 Dec 21 B12LR51 14.7 1.13 Etihad Etisalat Co 36.60 SAR 770 49 13,809 -3.2 17.5 14.4 963 36.9
0.00 10.5 1.2 6.6 1.3 11.2 Dec 21 B2QG180 5.4 0.42 Mobile Telecommunica 11.58 SAR 899 49 5,100 -1.2 -3.8 -20.0 2,610 31.5
3.83 15.6 3.0 18.5 3.3 20.1 Dec 21 B12M7Q5 79.9 6.15 Saudi Telecom Co 41.80 SAR 4,993 36 75,133 4.1 -7.0 -22.6 2,937 272.1
3.40 15.6 2.6 13.1 2.8 16.9 94,041 2.7 -3.0 -17.2 - -
Health Care Providers
1.48 40.2 5.7 29.4 5.1 14.6 Dec 21 B95TKH1 11.5 0.32 Dallah Healthcare Ho 118.40 SAR 90 36.5 3,889 -3.0 57.7 57.4 90 10.8
1.54 50.8 13.1 32.5 9.7 26.9 Dec 21 BLGM738 54.4 1.50 Dr. Sulaiman Al Habi 200.00 SAR 350 26.2 18,354 -2.9 23.9 8.9 122 25.7
1.14 41.5 9.3 35.2 11.3 23.9 Dec 21 B403QG4 34.1 0.94 Mouwasat Medical Ser 241.80 SAR 100 47.5 11,486 -1.6 39.1 23.4 84 20.4
1.40 45.9 10.2 33.0 9.1 23.2 33,729 -2.5 32.0 17.7 - -
Pharmaceuticals & Biotechnology
2.14 65.1 1.8 28.6 2.3 2.7 Dec 21 B133NZ8 100.0 0.13 Saudi Pharmaceutical 28.00 SAR 120 49 1,646 0.7 -28.8 -47.0 290 8.6
2.14 65.1 1.8 28.6 2.3 2.7 1,646 0.7 -28.8 - - -
Banks
1.66 24.4 5.4 15.2 13.3 23.6 Dec 21 B12LZH9 32.1 14.48 Al Rajhi Banking & I 90.20 SAR 4,000 49 176,792 0.7 1.8 19.3 4,936 441.0
2.24 28.1 2.5 17.8 9.9 9.8 Dec 21 B39NWT3 6.8 3.05 Alinma Bank 38.00 SAR 2,000 49 37,240 -0.1 58.6 65.9 4,009 153.5

Country Details
3.17 20.7 1.4 9.7 6.3 7.2 Dec 21 B12LZK2 3.6 1.64 Arab National Bank 30.00 SAR 1,500 44.3 19,971 -3.5 31.2 31.1 603 19.0
0.00 30.0 4.2 18.0 10.1 14.9 Dec 21 B12LZP7 4.5 2.03 Bank Albilad 50.60 SAR 1,000 49 24,794 2.0 45.6 57.8 1,030 53.8
3.18 18.3 1.6 12.1 4.3 9.0 Dec 21 B12LZQ8 1.7 0.78 Bank Al-Jazira 23.56 SAR 820 49 9,466 -10.1 22.1 27.2 5,455 131.6
3.22 17.3 1.7 11.5 7.4 10.1 Dec 21 B12LZT1 5.3 2.39 Banque Saudi Fransi 49.75 SAR 1,200 49 29,243 -2.5 5.3 22.8 357 18.6
2.93 17.7 2.3 15.5 7.9 13.1 Dec 21 B12LZW4 9.5 4.27 Riyad Bank 35.50 SAR 3,000 49 52,185 -2.7 31.0 32.0 847 31.1
2.28 23.1 1.6 16.3 8.4 6.8 Dec 21 B12LSY7 7.3 3.28 Saudi British Bank 39.95 SAR 2,055 48.7 40,010 -4.9 21.1 16.0 777 32.5
4.13 19.9 1.4 13.3 5.6 7.1 Dec 21 B12M7M1 1.8 0.80 Saudi Investment Ban 20.00 SAR 1,000 49 9,800 -4.8 36.3 - 557 11.4
2.86 24.1 2.1 15.4 9.3 11.7 Dec 21 BSHYYN1 27.6 12.44 The Saudi National 69.90 SAR 4,436 49 151,931 -0.3 8.5 15.0 1,885 135.2
2.33 22.9 2.5 14.9 9.5 12.4 551,433 -1.0 13.3 23.6 - -
Investment Banking & Brokerage
1.32 44.1 8.8 46.2 23.2 18.4 Dec 21 BMZQ749 100.0 0.67 Saudi Tadawul Group 227.60 SAR 120 30 8,194 3.0 80.9 - 299 66.1
1.32 44.1 8.8 46.2 23.2 18.4 8,194 3.0 - - - -
Life Insurance
2.74 30.8 4.7 29.8 1.8 15.9 Dec 21 B2RLCR0 100.0 0.77 BUPA Arabia 164.40 SAR 120 47.7 9,420 2.1 25.1 -1.6 133 21.6
2.74 30.8 4.7 29.8 1.8 15.9 9,420 2.1 25.1 -1.6 - -
Non-life Insurance
0.00 35.0 3.1 8.9 1.1 9.3 Dec 21 B128FN6 100.0 0.38 Company For Cooperat 76.00 SAR 125 49 4,655 21.8 -1.9 -16.9 183 13.1
0.00 35.0 3.1 8.9 1.1 9.3 4,655 21.8 -1.9 -16.9 - -
Real Estate Investment & Services
7.49 21.8 1.6 6.4 4.7 7.4 Mar 22 BKBF694 21.2 0.26 Arabian Centres 20.02 SAR 475 33.8 3,218 0.5 -11.3 -19.9 770 15.7
0.00 +ve 0.8 +ve 6.1 0.7 Dec 21 B2NC4X7 49.5 0.61 Dar Al Arkan Real Es 14.16 SAR 1,080 49 7,493 12.6 40.8 38.8 16,518 228.0
0.00 -14.0 1.5 83.2 29.7 -11.9 Dec 21 B19NK95 29.3 0.36 Emaar Economic City 10.10 SAR 1,133 38.7 4,434 -0.2 -15.4 -21.0 3,274 34.9

5–157
1.59 -ve 1.1 25.9 7.4 -0.7 15,146 5.9 6.8 0.9 - -
Media
0.00 27.1 8.2 12.0 5.5 34.7 Dec 21 B156TT1 100.0 0.56 Saudi Research & MG 211.20 SAR 80 40.2 6,792 9.1 7.6 30.7 87 18.3
0.00 27.1 8.2 12.0 5.5 34.7 6,792 9.1 7.6 30.7 - -
Retailers
4.36 20.8 11.7 14.5 2.3 56.8 Dec 21 B128FM5 74.2 0.83 Jarir Marketing Co 172.00 SAR 120 49 10,114 5.5 -12.6 -20.6 150 26.3
4.18 17.5 7.2 -ve 1.2 45.1 Dec 21 B4P2SD7 25.8 0.29 United Electronics C 119.60 SAR 60 49 3,516 0.7 -11.7 -16.4 248 30.5
4.31 19.8 10.1 19.7 1.9 52.8 13,630 4.2 -12.7 -22.4 - -
Travel and Leisure
0.00 -15.1 1.0 22.4 4.1 -6.3 Dec 21 B6WTLK3 100.0 0.22 Seera Group Holding 18.00 SAR 300 49 2,646 9.9 4.3 -16.4 1,483 26.6
0.00 -15.1 1.0 22.4 4.1 -6.3 2,646 9.9 4.3 -16.4 - -
Food Producers
1.89 32.2 3.3 10.7 3.3 10.2 Dec 21 B137VV2 53.5 1.09 Almarai Co Ltd 53.00 SAR 990 25.4 13,359 1.5 8.7 -8.6 283 15.2
3.02 30.3 4.1 21.7 2.9 13.7 Mar 22 B133P41 12.3 0.25 Saudi Dairy & Foodst 199.00 SAR 32 48.1 3,069 27.6 20.6 18.2 83 15.3
0.61 71.3 2.2 14.3 0.7 3.0 Dec 21 B133RS9 34.2 0.70 SAVOLA 32.65 SAR 534 49 8,543 -1.5 2.2 -18.7 615 20.5
1.59 39.3 2.8 12.6 1.5 7.2 24,971 3.0 7.7 -9.9 - -
Personal Care, Drug & Grocery St.
3.12 38.3 8.4 13.8 1.4 20.8 Dec 21 B3BQB93 36.2 0.46 Abdullah Al Othaim M 128.20 SAR 90 49 5,654 10.5 18.5 11.3 183 22.5
2.30 39.2 6.7 15.8 2.2 17.7 Dec 21 BMBQDG7 15.5 0.20 Bindawood Holding 82.60 SAR 114 25.6 2,417 -3.6 -13.8 -23.5 104 9.0
1.19 31.8 15.7 18.2 3.1 43.0 Dec 21 BMZPZG4 48.4 0.62 Nahdi Medical 193.80 SAR 130 30 7,558 12.8 - - 201 37.9

5–157
FTSE All-World Review August 2022

Saudi Arabia - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% SAR (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Personal Care, Drug & Grocery St.
2.06 35.0 10.3 16.0 2.0 27.8 15,629 9.1 16.2 6.8 - -
Construction and Materials
3.62 24.4 4.2 17.1 10.0 16.7 Dec 21 B136WG1 20.0 0.29 Qassim Cement 80.20 SAR 90 49 3,537 2.0 5.9 -4.2 36 2.9
6.29 25.3 3.5 13.2 6.0 13.2 Dec 21 B132HD1 23.5 0.34 Saudi Cement 55.60 SAR 153 49 4,168 3.9 1.5 -11.3 165 9.1
4.30 18.1 2.5 13.3 6.1 13.9 Dec 21 B131QN1 22.5 0.33 Southern Province Ce 58.10 SAR 140 49 3,986 -0.3 -17.1 -21.8 102 6.0
0.00 36.8 1.4 12.7 8.1 4.0 Dec 21 B1343N9 16.6 0.24 Yamamah Saudi Cement 29.55 SAR 203 49 2,932 0.7 13.7 -7.1 235 7.2
7.52 38.8 2.2 16.7 6.7 5.6 Dec 21 B134K61 17.4 0.25 Yanbu Cement 39.90 SAR 158 49 3,079 8.1 10.2 -6.7 77 3.0
4.48 25.7 2.5 14.3 7.0 9.7 17,702 2.7 0.4 -11.2 - -
Industrial Support Services
N/A +ve 7.1 16.7 5.1 1.7 Dec 21 B7J4PX9 100.0 0.25 Saudi Airlines Cater 75.80 SAR 82 49 3,046 -4.1 -2.7 -7.4 288 22.3
N/A +ve 7.1 16.7 5.1 1.7 3,046 -4.1 -2.7 -7.4 - -
Industrial Transportation
0.00 -25.4 2.4 +ve 3.4 -9.2 Dec 21 BYYTJ69 100.0 0.22 Saudi Ground Service 29.50 SAR 188 47.5 2,634 6.1 -0.2 -15.8 410 12.2
0.00 -25.4 2.4 +ve 3.4 -9.2 2,634 6.1 -0.2 -15.8 - -
Industrial Metals and Mining
0.00 34.8 5.1 18.3 6.8 16.0 Dec 21 B3C8VY3 100.0 4.93 Saudi Arabian Mining 74.50 SAR 2,461 32.8 60,178 32.6 89.8 104.7 4,423 312.1
0.00 34.8 5.1 18.3 6.8 16.0 60,178 32.6 89.8 104.7 - -
Chemicals
4.35 15.9 3.5 12.2 4.2 22.8 Dec 21 B1P6WF8 3.3 0.52 Advanced Petrochemic 50.00 SAR 260 49 6,370 2.1 -14.7 -16.1 552 29.6
0.00 7.7 1.2 6.4 2.9 17.3 Dec 21 B136MP0 2.7 0.43 National Industriali 15.94 SAR 669 49 5,225 -2.7 -20.1 -23.7 2,926 48.9
4.02 15.8 5.3 13.9 8.6 44.2 Dec 21 B1323K0 21.0 3.32 SABIC Agri-Nutrients 174.00 SAR 476 49 40,587 30.8 -1.5 38.8 2,108 342.0
6.81 9.2 2.4 7.4 3.5 27.7 Dec 21 B1C1NH5 8.9 1.40 Sahara International 47.75 SAR 733 49 17,158 1.5 13.7 43.4 1,731 86.1
3.99 12.7 1.7 7.5 1.7 13.6 Dec 21 B1324D0 46.6 7.38 Saudi Basic Industri 100.20 SAR 3,000 30 90,180 1.2 -13.6 -18.5 2,345 240.8
5.86 17.0 2.6 88.4 N/A 16.5 Dec 21 B132Y63 4.9 0.78 Saudi Industrial Inv 25.60 SAR 755 49 9,468 -7.6 -17.8 -28.7 1,603 43.4
0.00 9.1 1.3 5.5 1.7 15.9 Dec 21 B1Z8F66 5.6 0.88 Saudi Kayan Petroche 14.70 SAR 1,500 49 10,805 -2.0 -13.6 -21.1 2,754 43.8
5.99 18.3 1.9 10.6 3.8 10.3 Dec 21 B128CF7 7.1 1.13 Yanbu National Petro 50.10 SAR 563 49 13,809 1.2 -27.1 -26.1 598 31.2
4.16 12.8 2.1 8.8 2.4 17.1 193,601 5.5 -10.5 -8.4 - -
Oil Gas and Coal
0.00 13.7 3.5 5.5 0.6 29.2 Dec 21 B2PF1B1 6.4 0.59 Rabigh Refining & Pe 17.32 SAR 1,671 25 7,235 -5.4 19.5 0.4 7,555 137.7
3.41 20.7 7.4 15.9 5.5 37.8 Dec 21 BJTM270 93.6 8.59 Saudi Aramco 37.50 SAR 219,871 1.2 104,959 -5.5 15.2 17.4 4,940 195.0
3.19 20.1 6.9 14.1 3.7 36.8 112,194 -5.5 15.4 16.4 - -
Electricity
0.44 +ve 9.5 45.9 23.9 7.6 Dec 21 BM8SKZ4 54.1 1.91 ACWA POWER Co. 175.00 SAR 731 18.2 23,300 0.1 108.3 - 645 112.8
2.77 7.3 1.3 2.3 1.5 17.7 Dec 21 B132NM2 45.9 1.62 Saudi Electricity Co 25.25 SAR 4,167 18.7 19,737 2.5 5.3 -7.5 1,397 36.2
1.51 15.1 2.4 4.7 3.1 16.6 43,037 1.2 45.0 37.7 - -
FTSE Saudi Arabia
2.61 20.6 2.7 12.8 4.4 14.5 1,221,331 1.8 10.4 12.1 - -

5–158
August 2022 FTSE Russell

Singapore - Overview WORLD/DEVELOPED

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Jardine Cyc & Carg Automobiles and Parts 32.86 17.36 Sembcorp Industries Gas Water and Multi-utilities 3.39 75.65
Sembcorp Industries Gas Water and Multi-utilities 3.39 16.49 Jardine Cyc & Carg Automobiles and Parts 32.86 69.12
Golden Agri-Resource Food Producers 0.28 7.69 Keppel Corporation Oil Gas and Coal 7.27 39.81
Sembcorp Marine Industrial Transportation 0.12 7.34 Sembcorp Marine Industrial Transportation 0.12 37.65
Keppel Corporation Oil Gas and Coal 7.27 5.67 CapitaLand Investmen Real Estate Investment & Services 3.69 35.86

Singapore Techn Eng Aerospace and Defense 3.73 -7.21 Singapore Post Ltd Industrial Transportation 0.58 -11.45
UOL Group Real Estate Investment & Services 6.92 -7.24 ComfortDelGro Travel and Leisure 1.41 -12.13
Hutchison Port Holdi Industrial Transportation 0.22 -8.51 Mapletree Industrial Real Estate Investment Trusts 2.53 -13.36
Singapore Post Ltd Industrial Transportation 0.58 -8.66 Mapletree Logistics Real Estate Investment Trusts 1.67 -17.65
Olam Group Food Producers 1.47 -9.26 Keppel DC REIT Real Estate Investment Trusts 1.94 -22.40

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
DBS Group Holdings Banks 32.60 20.13 0.70 DBS Group Holdings Banks 32.60 20.13 1.68
Oversea-Chinese Bank Banks 12.09 14.51 0.50 Keppel Corporation Oil Gas and Coal 7.27 3.51 1.06
Keppel Corporation Oil Gas and Coal 7.27 3.51 0.19 CapitaLand Investmen Real Estate Investment & Services 3.69 3.21 0.90

Country Details
Jardine Cyc & Carg Automobiles and Parts 32.86 1.11 0.16 Oversea-Chinese Bank Banks 12.09 14.51 0.82
Sembcorp Industries Gas Water and Multi-utilities 3.39 1.05 0.15 Singapore Telecommun Telecommunications Service Prov. 2.62 6.72 0.80

Singapore Exchange Investment Banking & Brokerage 9.49 2.65 -0.11 Mapletree Pan Asia C Real Estate Investment Trusts 1.84 1.38 -0.15
Singapore Techn Eng Aerospace and Defense 3.73 1.94 -0.15 Keppel DC REIT Real Estate Investment Trusts 1.94 0.84 -0.26
Ascendas Real Estate Real Estate Investment Trusts 2.82 3.28 -0.17 Mapletree Industrial Real Estate Investment Trusts 2.53 1.61 -0.26
CapitaLand Integrate Real Estate Investment Trusts 2.07 3.57 -0.19 Ascendas Real Estate Real Estate Investment Trusts 2.82 3.28 -0.27
CapitaLand Investmen Real Estate Investment & Services 3.69 3.21 -0.20 Mapletree Logistics Real Estate Investment Trusts 1.67 1.83 -0.39

FTSE Singapore Index Performance % FTSE Singapore Index Volatility %

120 70

110 60

50
100
40
90
30

5–159
80
20
70
10

60 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–159
FTSE All-World Review August 2022

Singapore - Industry/Sector/Style Summary WORLD/DEVELOPED

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % SGD (mn) Wgt % Stocks Cont1M%
3.83 19.1 1.6 8.8 2.9 8.4 Telecommunications 146.80 -0.04 9.41 10.29 502.77 1.59 11.66 14.69 23,125 7.90 3 0.00
3.83 19.1 1.6 8.8 2.9 8.4 Telecommunications Service Prov. 141.62 -0.04 9.41 10.29 477.51 1.59 11.66 14.69 23,125 7.90 3 0.00
4.38 12.1 1.3 9.8 3.2 11.1 Financials 624.69 2.05 2.15 6.65 1652.01 3.74 6.08 11.31 144,430 49.31 4 0.99
4.44 11.8 1.2 9.5 3.1 10.9 Banks 844.25 2.43 2.15 7.33 2155.53 4.22 6.21 12.10 136,659 46.66 3 1.11
3.37 22.5 6.6 17.3 9.2 30.8 Investment Banking & Brokerage 1243.06 -4.14 2.04 -4.14 3516.74 -4.14 3.72 -0.95 7,771 2.65 1 -0.11
4.77 13.0 1.0 14.2 7.5 8.2 Real Estate 1001.79 -4.63 -1.74 -0.08 1075.00 -3.28 1.88 4.68 65,425 22.34 14 -1.09
2.84 17.7 0.9 8.0 4.0 5.3 Real Estate Investment & Services 471.14 -3.81 8.52 21.31 948.38 -3.51 11.38 24.59 17,228 5.88 4 -0.23
5.46 11.8 1.1 19.7 10.9 9.5 Real Estate Investment Trusts 316.98 -4.92 -4.88 -6.09 1087.45 -3.19 -1.02 -0.96 48,197 16.45 10 -0.85
1.71 +ve 1.3 6.5 1.5 0.9 Consumer Discretionary 163.99 0.97 8.35 9.04 440.63 1.75 10.18 11.10 19,977 6.82 5 0.07
3.82 11.9 1.3 3.2 0.5 11.4 Automobiles and Parts 1438.07 17.36 59.51 69.12 1548.31 18.74 66.20 76.21 3,247 1.11 1 0.16
0.00 +ve 2.8 49.1 3.9 2.3 Consumer Services 355.81 1.76 3.86 -0.74 934.75 1.76 3.86 -0.74 2,570 0.88 1 0.02
1.53 -90.7 1.2 7.0 2.0 -1.3 Travel and Leisure 207.93 -2.29 3.42 -0.09 430.70 -1.50 4.98 1.41 14,160 4.83 3 -0.11
4.51 8.7 0.8 26.5 0.3 10.2 Consumer Staples 716.98 0.49 -1.67 0.09 1531.08 1.85 2.22 4.35 11,370 3.88 3 0.02
4.51 8.7 0.8 26.5 0.3 10.2 Food Producers 237.27 0.49 -1.67 0.09 635.75 1.85 2.22 4.35 11,370 3.88 3 0.02
4.12 48.8 1.6 13.7 1.5 3.4 Industrials 319.20 -2.11 2.93 1.81 887.45 -1.37 6.64 5.98 15,226 5.20 6 -0.11
4.83 17.8 4.8 10.5 1.5 27.8 Aerospace and Defense 466.78 -7.21 -0.80 -1.32 1629.06 -6.26 3.72 3.17 5,679 1.94 1 -0.15
4.10 17.0 2.0 49.2 1.7 11.8 Electronic and Electrical Equipment 534.41 4.04 -0.11 -4.54 1669.78 4.04 2.73 -0.53 4,782 1.63 1 0.06
3.30 -16.5 0.8 10.0 1.4 -5.1 Industrial Transportation 71.22 -1.50 11.31 13.49 208.82 -0.33 14.84 17.29 4,765 1.63 4 -0.02
4.95 12.1 1.1 +ve 1.5 9.6 Energy 221.30 5.67 41.99 39.81 591.34 7.97 49.80 47.50 10,276 3.51 1 0.19
4.95 12.1 1.1 +ve 1.5 9.6 Oil Gas and Coal 1411.65 5.67 41.99 39.81 1541.83 7.97 49.80 47.50 10,276 3.51 1 0.19
2.06 20.1 1.6 6.0 0.8 8.5 Utilities 656.35 16.49 69.50 75.65 1643.32 17.95 73.41 79.70 3,075 1.05 1 0.15
2.06 20.1 1.6 6.0 0.8 8.5 Gas Water and Multi-utilities 656.35 16.49 69.50 75.65 1643.32 17.95 73.41 79.70 3,075 1.05 1 0.15
4.23 14.0 1.2 10.7 2.2 9.1 FTSE Singapore 338.15 0.21 3.51 6.22 918.95 1.71 7.17 10.73 292,903 100.00 37 -

5–160
August 2022 FTSE Russell

Singapore - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% SGD (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Telecommunications Service Prov.
5.49 38.2 1.3 14.1 9.6 3.5 Mar 22 BF5GLW6 11.8 0.93 NetLink NBN Trust 0.94 SGD 3,897 75 2,733 0.0 -2.6 -6.5 -3.6 8,940 8.4
3.55 18.9 1.6 8.8 2.8 8.6 Mar 22 B02PY11 85.1 6.72 Singapore Telecommun 2.62 SGD 16,508 45.5 19,683 0.0 0.4 12.9 12.9 21,465 56.8
5.20 7.2 5.5 3.5 1.0 80.9 Dec 21 B1CNDB5 3.1 0.24 StarHub 1.23 SGD 1,729 33.3 709 0.0 -1.6 -9.6 0.8 833 1.0
3.83 19.1 1.6 8.8 2.9 8.4 23,125 0.0 9.4 10.3 - -
Banks
4.33 12.5 1.5 6.1 5.1 12.6 Dec 21 6175203 43.1 20.13 DBS Group Holdings 32.60 SGD 2,574 70.2 58,954 19.3 3.6 -0.2 8.8 4,756 155.4
4.63 11.1 1.1 17.7 1.8 9.8 Dec 21 B0F9V20 31.1 14.51 Oversea-Chinese Bank 12.09 SGD 4,500 78.1 42,488 65.2 3.6 6.1 5.8 5,743 69.8
4.39 11.4 1.1 15.2 3.8 10.2 Dec 21 6916781 25.8 12.02 United Overseas Bank 27.33 SGD 1,675 76.9 35,217 97.2 -0.8 1.6 6.8 2,324 63.6
4.44 11.8 1.2 9.5 3.1 10.9 136,659 2.4 2.2 7.3 - -
Investment Banking & Brokerage
3.37 22.5 6.6 17.3 9.2 30.8 Jun 22p 6303866 100.0 2.65 Singapore Exchange 9.49 SGD 1,068 76.6 7,771 100.0 -4.1 2.0 -4.1 2,245 21.9
3.37 22.5 6.6 17.3 9.2 30.8 7,771 -4.1 2.0 -4.1 - -
Real Estate Investment & Services
3.25 13.8 1.2 8.1 7.6 9.9 Dec 21 BNHXFJ6 54.6 3.21 CapitaLand Investmen 3.69 SGD 5,149 49.4 9,403 100.0 -5.9 9.0 35.9 7,365 28.5
2.58 86.7 0.9 7.6 2.8 1.0 Dec 21 6197928 22.1 1.30 City Developments 8.13 SGD 907 51.5 3,803 100.0 4.9 22.4 21.9 1,885 15.6
2.17 18.9 0.6 7.8 2.2 3.1 Dec 21 6916844 19.8 1.16 UOL Group 6.92 SGD 844 58.3 3,407 100.0 -7.2 -2.4 -1.1 1,020 7.4
1.80 9.1 0.4 9.0 2.5 4.3 Jun 22p 6972385 3.6 0.21 Wing Tai Holdings 1.67 SGD 764 48.2 615 0.0 -1.2 -6.7 -7.3 1,069 1.8
2.84 17.7 0.9 8.0 4.0 5.3 17,228 -3.8 8.5 21.3 - -

Country Details
Real Estate Investment Trusts
5.49 12.5 1.2 19.5 9.5 10.0 Dec 21 6563875 19.9 3.28 Ascendas Real Estate 2.82 SGD 4,198 81.1 9,608 50.0 -5.1 -4.4 -7.2 10,887 32.1
5.19 12.1 0.9 43.2 9.1 7.9 Dec 21 BG0RZ29 4.3 0.70 Ascott Residence Tru 1.09 SGD 3,284 57.5 2,058 0.0 -6.8 5.8 7.9 6,797 7.7
5.04 12.7 1.0 20.3 10.5 8.1 Dec 21 6420129 21.7 3.57 CapitaLand Integrate 2.07 SGD 6,625 76.3 10,465 100.0 -5.0 1.5 0.5 18,923 40.0
5.68 6.9 1.1 19.3 10.7 17.5 Sep 21 BYYFHZ2 8.0 1.31 Frasers Logistics & 1.36 SGD 3,691 76.6 3,850 0.0 -5.6 -10.5 -9.3 8,443 11.9
4.41 10.5 1.5 19.4 12.3 14.9 Dec 21 BT9Q186 5.1 0.84 Keppel DC REIT 1.94 SGD 1,717 74.1 2,472 0.0 -6.3 -21.5 -22.4 3,633 7.2
5.42 17.3 0.8 21.3 18.8 4.9 Dec 21 B12RQH4 4.8 0.79 Keppel REIT 1.08 SGD 3,722 57.8 2,326 0.0 -2.7 -4.4 2.9 7,137 7.9
5.51 15.7 1.4 14.8 11.1 9.7 Mar 22 B4LR5Q8 9.8 1.61 Mapletree Industrial 2.53 SGD 2,677 69.5 4,712 0.0 -6.6 -6.6 -13.4 4,868 12.9
5.32 10.5 1.1 19.8 11.8 12.0 Mar 22 B0D6P43 11.1 1.83 Mapletree Logistics 1.67 SGD 4,783 66.9 5,347 100.0 -5.1 -12.1 -17.6 10,884 19.1
6.83 17.6 1.1 21.0 12.3 6.0 Mar 22 B5143W8 8.4 1.38 Mapletree Pan Asia C 1.84 SGD 3,328 66 4,043 100.0 -3.2 -8.0 -9.4 12,018 22.9
5.90 9.7 0.7 19.5 12.2 7.8 Dec 21 B04PZ72 6.9 1.13 Suntec REIT 1.58 SGD 2,870 73.1 3,317 0.0 -1.9 4.6 6.8 8,502 13.6
5.46 11.8 1.1 19.7 10.9 9.5 48,197 -4.9 -4.9 -6.1 - -
Automobiles and Parts
3.82 11.9 1.3 3.2 0.5 11.4 Dec 21 6242260 100.0 1.11 Jardine Cyc & Carg 32.86 SGD 395 24.9 3,247 0.0 17.4 59.5 69.1 404 12.8
3.82 11.9 1.3 3.2 0.5 11.4 3,247 17.4 59.5 69.1 - -
Consumer Services
0.00 +ve 2.8 49.1 3.9 2.3 Mar 22 6243586 100.0 0.88 SATS 4.04 SGD 1,122 56.6 2,570 100.0 1.8 3.9 -0.7 1,830 7.5
0.00 +ve 2.8 49.1 3.9 2.3 2,570 1.8 3.9 -0.7 - -
Travel and Leisure
3.51 23.0 1.1 4.6 0.9 5.0 Dec 21 6603737 20.4 0.99 ComfortDelGro 1.41 SGD 2,167 94.6 2,890 0.0 0.3 1.7 -12.1 5,648 8.2
2.58 44.6 1.2 24.9 8.8 2.7 Dec 21 BDRTVP2 31.7 1.53 Genting Singapore 0.78 SGD 12,072 47.9 4,487 100.0 -3.7 0.0 1.3 18,156 14.7
0.00 -17.7 1.2 5.6 2.1 -7.1 Mar 22 6811734 47.9 2.32 Singapore Airlines 5.32 SGD 2,967 42.9 6,783 0.0 -2.4 6.6 5.1 3,289 17.7

5–161
1.53 -90.7 1.2 7.0 2.0 -1.3 14,160 -2.3 3.4 -0.1 - -
Food Producers
5.73 5.3 0.6 4.6 0.3 11.3 Dec 21 6164472 15.6 0.61 Golden Agri-Resource 0.28 SGD 12,682 50 1,775 0.0 7.7 14.3 21.7 11,001 3.1
5.78 N/A N/A N/A N/A N/A BNM1NQ8 9.7 0.38 Olam Group 1.47 SGD 3,843 19.6 1,107 0.0 -9.3 -16.0 -8.1 1,569 2.4
4.08 10.0 0.9 +ve 0.3 9.8 Dec 21 B17KC69 74.6 2.90 Wilmar International 4.04 SGD 6,295 33.3 8,488 0.0 0.5 -2.4 -2.4 8,310 34.3
4.51 8.7 0.8 26.5 0.3 10.2 11,370 0.5 -1.7 0.1 - -
Aerospace and Defense
4.83 17.8 4.8 10.5 1.5 27.8 Dec 21 6043214 100.0 1.94 Singapore Techn Eng 3.73 SGD 3,119 48.8 5,679 100.0 -7.2 -0.8 -1.3 5,174 20.4
4.83 17.8 4.8 10.5 1.5 27.8 5,679 -7.2 -0.8 -1.3 - -
Electronic and Electrical Equipment
4.10 17.0 2.0 49.2 1.7 11.8 Dec 21 6927374 100.0 1.63 Venture Corp 18.29 SGD 291 89.9 4,782 100.0 4.0 -0.1 -4.5 715 13.0
4.10 17.0 2.0 49.2 1.7 11.8 4,782 4.0 -0.1 -4.5 - -
Industrial Transportation
8.59 7.3 0.6 2.2 1.1 7.9 Dec 21 B56ZM74 31.8 0.52 Hutchison Port Holdi 0.22 USD 8,711 57.9 1,514 0.0 -8.5 -4.4 4.9 5,520 1.2
0.00 -3.2 0.9 -6.2 2.0 -29.9 Dec 21 6205133 37.7 0.61 Sembcorp Marine 0.12 SGD 31,389 48.8 1,795 100.0 7.3 42.7 37.6 136,850 15.5
0.00 39.2 1.7 44.5 4.9 4.5 Mar 22 6243597 12.2 0.20 SIA Engineering 2.48 SGD 1,123 20.8 579 0.0 2.5 13.8 16.4 301 0.7
3.10 18.2 1.0 16.6 0.8 5.6 Mar 22 6609478 18.4 0.30 Singapore Post Ltd 0.58 SGD 2,275 66.4 876 100.0 -8.7 -10.8 -11.5 4,203 2.5
3.30 -16.5 0.8 10.0 1.4 -5.1 4,765 -1.5 11.3 13.5 - -
Oil Gas and Coal
4.95 12.1 1.1 +ve 1.5 9.6 Dec 21 B1VQ5C0 100.0 3.51 Keppel Corporation 7.27 SGD 1,796 78.7 10,276 0.0 5.7 42.0 39.8 3,866 27.3
4.95 12.1 1.1 +ve 1.5 9.6 10,276 5.7 42.0 39.8 - -
Gas Water and Multi-utilities
2.06 20.1 1.6 6.0 0.8 8.5 Dec 21 B08X163 100.0 1.05 Sembcorp Industries 3.39 SGD 1,785 50.8 3,075 0.0 16.5 69.5 75.6 4,751 15.3
2.06 20.1 1.6 6.0 0.8 8.5 3,075 16.5 69.5 75.6 - -
FTSE Singapore
4.23 14.0 1.2 10.7 2.2 9.1 292,903 0.2 3.5 6.2 - -

5–161
FTSE All-World Review August 2022

South Africa - Overview WORLD/EMERGING

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
The Spar Group Personal Care, Drug & Grocery St. 156.58 16.62 Rand Merchant Invest Investment Banking & Brokerage 27.05 73.10
Momentum Met Hldgs Life Insurance 16.65 13.73 Royal Bafokeng Plati Precious Metals and Mining 145.27 65.04
Pick N Pay Stores Personal Care, Drug & Grocery St. 61.81 12.14 Sasol Chemicals 331.83 48.14
Truworths Internatio Retailers 57.28 11.90 Investec Ltd Banks 80.56 39.29
Exxaro Resources Oil Gas and Coal 218.32 8.14 Fortress REIT (B) Real Estate Investment Trusts 4.08 36.00

MTN Group Telecommunications Service Prov. 124.25 -10.67 Aspen Pharmacare Hol Pharmaceuticals & Biotechnology 147.50 -24.79
Fortress REIT (A) Real Estate Investment Trusts 10.42 -13.38 Sibanye Stillwater Precious Metals and Mining 38.49 -34.65
Sappi Industrial Materials 45.76 -16.80 Fortress REIT (A) Real Estate Investment Trusts 10.42 -35.28
Harmony Precious Metals and Mining 43.16 -18.43 Coronation Fund Mana Investment Banking & Brokerage 31.54 -38.91
Kumba Iron Ore Industrial Metals and Mining 380.51 -22.75 Kumba Iron Ore Industrial Metals and Mining 380.51 -41.73

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Naspers Software and Computer Services 2,425.77 12.52 0.35 Sasol Chemicals 331.83 4.50 1.42
BidCorp Ltd Personal Care, Drug & Grocery St. 325.05 2.63 0.15 Shoprite Personal Care, Drug & Grocery St. 232.72 2.74 0.56
Absa Group Limited Banks 178.02 3.32 0.15 Rand Merchant Invest Investment Banking & Brokerage 27.05 0.50 0.35
Clicks Group Ltd Personal Care, Drug & Grocery St. 298.02 1.77 0.11 Absa Group Limited Banks 178.02 3.32 0.35
Capitec Bank Hldgs L Banks 2,043.55 4.22 0.10 Royal Bafokeng Plati Precious Metals and Mining 145.27 0.26 0.34

Vodacom Group Telecommunications Service Prov. 126.15 1.83 -0.17 Aspen Pharmacare Hol Pharmaceuticals & Biotechnology 147.50 1.34 -0.44
Standard Bank Group Banks 153.23 4.95 -0.21 Anglo American Plati Precious Metals and Mining 1,198.74 1.64 -0.45
Sasol Chemicals 331.83 4.50 -0.24 Sanlam Life Insurance 53.32 2.27 -0.46
Gold Fields Precious Metals and Mining 138.73 2.96 -0.32 Impala Platinum Hlds Precious Metals and Mining 180.38 3.56 -0.79
MTN Group Telecommunications Service Prov. 124.25 5.44 -0.64 Sibanye Stillwater Precious Metals and Mining 38.49 2.62 -1.37

FTSE South Africa Index Performance % FTSE South Africa Index Volatility %
120 90
80
110
70
100
60
90 50

80 40
30
70
20
60
10
50 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–162
August 2022 FTSE Russell

South Africa - Industry/Sector/Style Summary WORLD/EMERGING

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % ZAR (mn) Wgt % Stocks Cont1M%
0.27 5.7 3.5 -ve 8.9 50.4 Technology 254.26 2.94 -1.87 -2.19 516.14 2.94 -1.87 -1.92 514,924 12.52 1 0.35
0.27 5.7 3.5 -ve 8.9 50.4 Software and Computer Services 254.26 2.94 -1.87 -2.19 516.14 2.94 -1.87 -1.92 514,924 12.52 1 0.35
3.54 12.6 2.2 4.0 1.3 17.9 Telecommunications 3258.50 -8.99 -21.02 -6.88 10926.40 -8.99 -19.63 -4.06 352,619 8.58 4 -0.83
3.54 12.6 2.2 4.0 1.3 17.9 Telecommunications Service Prov. 4452.98 -8.99 -21.02 -6.88 14448.80 -8.99 -19.63 -4.06 352,619 8.58 4 -0.83
2.22 14.8 1.3 8.5 1.3 8.6 Health Care 7967.24 0.75 -25.73 -21.06 14934.30 0.75 -25.06 -19.60 104,151 2.53 3 0.02
2.72 16.9 1.8 7.4 1.1 11.1 Health Care Providers 7525.84 -0.16 -12.67 -16.29 14894.90 -0.16 -10.86 -13.99 48,950 1.19 2 0.00
1.78 13.3 1.0 9.7 1.8 7.4 Pharmaceuticals & Biotechnology 13132.20 1.58 -34.28 -24.79 21019.00 1.58 -34.28 -23.95 55,201 1.34 1 0.02
4.28 10.9 1.5 13.0 1.2 14.2 Financials 3626.57 -2.05 1.69 2.59 14819.10 -1.82 4.21 6.89 1,341,127 32.62 17 -0.67
4.68 11.4 1.8 22.6 1.7 15.8 Banks 9676.23 -1.42 7.64 7.01 37050.40 -1.09 10.51 12.26 939,488 22.85 6 -0.32
1.75 11.5 2.8 -40.5 4.5 30.3 Finance and Credit Services 809.37 -1.26 815.80 -1.26 21,031 0.51 1 -0.01
1.80 8.0 0.8 13.7 1.8 10.4 Investment Banking & Brokerage 1736.44 -4.39 -3.67 8.35 6539.55 -4.39 -3.11 10.15 145,289 3.53 5 -0.16
4.41 11.5 1.4 4.4 0.5 11.9 Life Insurance 4066.74 -3.28 -14.08 -15.42 15296.40 -3.28 -11.37 -12.33 225,362 5.48 4 -0.18
5.01 10.0 2.5 11.9 0.9 27.1 Non-life Insurance 4846.34 0.16 -6.78 0.81 16557.20 0.16 -4.15 5.57 9,956 0.24 1 0.00
10.28 14.8 0.7 11.6 4.7 5.9 Real Estate 997.39 -5.29 -13.68 -15.94 1113.40 -5.29 -10.47 -7.94 144,054 3.50 6 -0.19
6.47 13.4 0.8 12.2 5.9 6.2 Real Estate Investment & Services 1375.45 -0.96 -14.40 -13.49 8073.02 -0.96 -11.72 -8.08 42,059 1.02 1 -0.01
11.85 15.4 0.7 11.4 4.3 5.9 Real Estate Investment Trusts 788.52 -6.97 -13.39 -16.85 6134.73 -6.97 -10.00 -7.85 101,996 2.48 5 -0.18
3.74 13.7 2.8 8.2 1.0 21.5 Consumer Discretionary 11540.40 4.50 0.32 -13.52 24794.50 4.50 3.20 -10.21 200,605 4.88 5 0.21
3.74 13.7 2.8 8.2 1.0 21.5 Retailers 1503.64 4.50 0.32 -13.52 8244.74 4.50 3.20 -10.21 200,605 4.88 5 0.21

Country Details
2.73 22.3 4.8 13.4 0.7 22.0 Consumer Staples 1935.21 6.11 1.40 2.99 5041.90 6.11 2.98 5.94 422,914 10.29 9 0.58
0.00 15.4 2.4 11.1 1.1 17.3 Beverages 1645.04 1.18 1.90 -4.18 2772.36 1.18 1.90 -4.18 13,541 0.33 1 0.00
5.47 15.6 2.9 10.0 1.3 18.0 Food Producers 4166.65 3.63 -4.56 -7.13 7924.19 3.63 -0.83 -1.99 51,177 1.24 2 0.04
2.44 24.2 5.5 14.1 0.7 23.6 Personal Care, Drug & Grocery St. 6943.24 6.67 2.31 4.96 20623.10 6.67 3.62 7.68 358,196 8.71 6 0.53
3.61 12.8 2.0 5.5 0.7 16.0 Industrials 1992.86 -0.53 -1.56 1.68 5995.07 -0.53 0.74 5.33 89,446 2.18 2 -0.01
3.61 12.8 2.0 5.5 0.7 16.0 General Industrials 9874.45 -0.53 -1.56 1.68 25647.00 -0.53 0.74 5.33 89,446 2.18 2 -0.01
5.30 5.0 1.5 3.9 1.0 33.2 Basic Materials 923.68 -6.66 -15.57 -8.72 2754.24 -6.06 -13.76 -4.30 889,212 21.63 12 -1.51
0.00 76.6 0.9 4.3 0.3 1.2 Industrial Materials 1726.66 -16.80 0.22 3.93 3973.53 -16.80 0.22 3.93 25,970 0.63 1 -0.13
14.45 4.0 1.7 3.5 1.7 46.6 Industrial Metals and Mining 3433.30 -11.29 -7.68 -27.34 23994.60 -8.49 -0.02 -17.73 45,598 1.11 2 -0.14
6.40 4.8 1.7 3.7 1.2 39.2 Precious Metals and Mining 1741.59 -6.29 -24.02 -16.92 5061.21 -5.67 -22.29 -12.35 632,747 15.39 8 -1.01
0.00 5.3 1.1 5.1 0.8 23.4 Chemicals 1256.80 -5.10 28.12 48.14 3528.72 -5.10 28.12 48.14 184,896 4.50 1 -0.24
14.90 5.9 1.9 4.1 2.3 32.8 Energy 1286.05 8.14 42.81 18.32 1661.89 8.14 50.90 41.81 52,598 1.28 1 0.09
14.90 5.9 1.9 4.1 2.3 32.8 Oil Gas and Coal 1286.05 8.14 42.81 18.32 1661.89 8.14 50.90 41.81 52,598 1.28 1 0.09
4.03 8.5 1.8 7.9 1.2 21.4 FTSE South Africa 3589.38 -1.97 -6.46 -3.44 10971.60 -1.75 -4.51 0.33 4,111,650 100.00 60 -

5–163

5–163
FTSE All-World Review August 2022

South Africa - Constituent Report WORLD/EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% ZAR (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Software and Computer Services
0.27 5.7 3.5 -ve 8.9 50.4 Mar 22 6622691 100.0 12.52 Naspers 2,425.77 ZAR 436 48.7 514,924 100.0 2.9 -1.9 -2.2 768 1,901.8
0.27 5.7 3.5 -ve 8.9 50.4 514,924 2.9 -1.9 -2.2 - -
Telecommunications Service Prov.
2.41 11.7 2.1 3.5 1.3 18.7 Dec 21 6563206 63.4 5.44 MTN Group 124.25 ZAR 1,884 95.4 223,515 0.0 -10.7 -27.2 -6.9 6,722 936.1
4.89 32.2 4.7 5.9 0.9 13.6 Mar 22 BHZSKR4 11.7 1.01 MultiChoice Group 115.61 ZAR 443 80.9 41,407 75.0 -2.9 -5.3 0.6 897 106.8
0.00 6.5 0.7 2.3 0.5 10.6 Mar 22 6588577 3.6 0.31 Telkom SA SOC 43.96 ZAR 511 56 12,591 0.0 0.9 -18.7 14.9 2,944 134.2
6.74 13.5 2.9 7.0 2.3 21.6 Mar 22 B65B4D0 21.3 1.83 Vodacom Group 126.15 ZAR 1,836 32.4 75,106 0.0 -8.5 -6.3 -12.2 1,235 166.1
3.54 12.6 2.2 4.0 1.3 17.9 352,619 -9.0 -21.0 -6.9 - -
Health Care Providers
1.99 12.9 1.6 6.6 1.1 13.0 Sep 21 B4K90R1 56.7 0.67 Life Healthcare Grou 20.07 ZAR 1,467 94.2 27,750 100.0 2.1 -16.5 -19.0 3,065 63.5
3.66 28.9 2.2 8.6 1.0 7.9 Sep 21 6636421 43.3 0.52 Netcare 14.74 ZAR 1,439 99.9 21,199 100.0 -3.0 -7.2 -12.5 2,640 40.9
2.72 16.9 1.8 7.4 1.1 11.1 48,950 -0.2 -12.7 -16.3 - -
Pharmaceuticals & Biotechnology
1.78 13.3 1.0 9.7 1.8 7.4 Jun 21 B09C0Z1 100.0 1.34 Aspen Pharmacare Hol 147.50 ZAR 451 82.9 55,201 25.0 1.6 -34.3 -24.8 946 140.2
1.78 13.3 1.0 9.7 1.8 7.4 55,201 1.6 -34.3 -24.8 - -
Banks
4.41 7.5 1.2 -16.3 1.1 16.4 Dec 21 BFX05H3 14.5 3.32 Absa Group Limited 178.02 ZAR 848 90.4 136,494 50.0 4.7 16.7 12.6 3,595 656.3
1.78 27.5 6.7 15.5 6.8 26.7 Feb 22 6440859 18.5 4.22 Capitec Bank Hldgs L 2,043.55 ZAR 116 73 173,339 100.0 2.6 0.9 8.4 154 320.7
4.83 13.3 2.4 -17.0 2.3 19.1 Jun 21 6606996 33.9 7.74 Firstrand Limited 64.17 ZAR 5,610 88.4 318,205 100.0 -2.1 5.5 3.7 10,338 696.2
6.32 8.1 0.9 2.5 1.4 10.7 Mar 22 B17BBR6 2.5 0.56 Investec Ltd 80.56 ZAR 310 92.2 23,081 0.0 -9.2 -1.8 39.3 636 54.7
7.60 8.3 1.1 7.2 1.1 13.7 Dec 21 6628008 9.0 2.07 Nedbank Group 202.80 ZAR 512 81.9 84,972 50.0 -6.5 15.9 9.6 1,620 350.7
5.68 9.6 1.3 5.6 1.1 14.7 Dec 21 B030GJ7 21.6 4.95 Standard Bank Group 153.23 ZAR 1,678 79.1 203,397 73.7 -4.2 9.4 3.0 3,168 517.0
4.68 11.4 1.8 22.6 1.7 15.8 939,488 -1.4 7.6 7.0 - -
Finance and Credit Services
1.75 11.5 2.8 -40.5 4.5 30.3 Sep 21 B7WF5R3 100.0 0.51 Transaction Capital 37.66 ZAR 721 77.4 21,031 0.0 -1.3 -16.4 -0.8 723 28.0
1.75 11.5 2.8 -40.5 4.5 30.3 21,031 -1.3 - - - -
Investment Banking & Brokerage
13.95 6.5 4.9 3.3 2.5 76.9 Sep 21 6622710 5.5 0.20 Coronation Fund Mana 31.54 ZAR 350 72.8 8,036 50.0 -7.2 -40.0 -38.9 1,139 38.6
0.00 3.0 0.8 +ve 3.0 32.3 Feb 22 6613219 9.7 0.34 PSG Group 90.23 ZAR 223 69.9 14,088 100.0 1.8 1.1 19.3 538 48.3
1.70 14.2 1.5 10.3 2.2 11.0 Jun 21 BYX3N48 14.0 0.50 Rand Merchant Invest 27.05 ZAR 1,532 49.2 20,386 50.0 -2.5 21.4 73.1 1,232 34.4
1.53 5.3 0.5 40.7 9.1 10.7 Mar 22 BF52QF2 26.2 0.93 Reinet Investments 281.13 ZAR 196 69.1 38,077 0.0 -2.7 -1.7 0.0 197 57.1
0.86 17.9 0.8 12.4 1.1 4.6 Jun 21 6290689 44.5 1.57 Remgro 127.36 ZAR 529 95.9 64,702 50.0 -6.8 -2.9 5.4 1,075 146.6
1.80 8.0 0.8 13.7 1.8 10.4 145,289 -4.4 -3.7 8.3 - -
Life Insurance
0.00 19.0 1.8 3.2 1.1 9.9 Jun 21 6177878 28.6 1.57 Discovery Ltd 122.84 ZAR 669 78.4 64,483 100.0 -4.2 -14.4 -4.6 1,288 167.9
3.00 22.4 1.2 2.7 0.2 5.1 Jun 21 BK9S758 9.5 0.52 Momentum Met Hldgs 16.65 ZAR 1,498 86.1 21,467 0.0 13.7 -12.1 -15.8 5,260 86.6
7.47 6.7 0.8 2.5 0.4 11.6 Dec 21 BDVPYN5 20.4 1.12 Old Mutual Ltd 10.17 ZAR 4,709 95.8 45,903 0.0 -10.3 -22.4 -22.6 17,839 200.6
6.26 11.1 1.7 21.5 0.6 16.0 Dec 21 B0L6750 41.5 2.27 Sanlam 53.32 ZAR 2,227 78.7 93,510 50.0 -2.2 -10.2 -17.3 4,354 243.9
4.41 11.5 1.4 4.4 0.5 11.9 225,362 -3.3 -14.1 -15.4 - -
Non-life Insurance
5.01 10.0 2.5 11.9 0.9 27.1 Dec 21 6061001 100.0 0.24 Santam 244.00 ZAR 115 35.4 9,956 100.0 0.2 -6.8 0.8 72 18.1
5.01 10.0 2.5 11.9 0.9 27.1 9,956 0.2 -6.8 0.8 - -
Real Estate Investment & Services
6.47 13.4 0.8 12.2 5.9 6.2 Dec 21 BDD7WV3 100.0 1.02 NEPI Rockcastle S.A. 90.74 ZAR 609 76.1 42,059 0.0 -1.0 -14.4 -13.5 987 92.3
6.47 13.4 0.8 12.2 5.9 6.2 42,059 -1.0 -14.4 -13.5 - -
Real Estate Investment Trusts
7.17 7.1 0.9 17.2 7.3 13.1 Jun 21 BD9FS46 12.1 0.30 Fortress REIT (A) 10.42 ZAR 1,192 99.4 12,349 0.0 -13.4 -16.6 -35.3 2,804 31.2
0.00 2.8 0.3 6.8 2.9 13.1 Jun 21 BD9FS68 3.4 0.08 Fortress REIT (B) 4.08 ZAR 1,093 78.2 3,491 0.0 2.3 25.5 36.0 6,484 27.2
9.54 -ve 0.7 9.0 3.3 -0.6 Jun 21 BBGB5W0 42.4 1.05 Growthpoint Prop Ltd 12.74 ZAR 3,431 98.8 43,208 0.0 -6.0 -17.1 -17.7 7,391 98.6
22.06 10.0 0.7 11.9 3.8 7.0 Aug 21 BMP3858 24.9 0.62 Redefine Properties 3.80 ZAR 7,155 93.5 25,428 0.0 -6.9 -13.6 -17.4 9,548 38.2
8.38 12.1 1.1 24.1 14.1 9.5 Jun 22p BZ1MVY0 17.2 0.43 Resilient REIT Ltd 54.01 ZAR 400 81 17,520 0.0 -6.4 -3.0 1.3 603 33.8
11.85 15.4 0.7 11.4 4.3 5.9 101,996 -7.0 -13.4 -16.9 - -
Retailers
4.34 14.7 4.2 11.9 1.8 30.2 Apr 22 BYXW419 23.8 1.16 Mr Price Group 186.22 ZAR 257 99.8 47,738 100.0 3.4 -6.7 -14.5 813 153.9
2.20 14.9 1.3 10.5 1.0 9.0 Sep 21 BFXG366 18.0 0.88 Pepkor Holdings Ltd 20.11 ZAR 3,707 48.4 36,136 100.0 -0.4 -8.1 -12.6 3,916 80.0
3.93 13.9 2.2 6.6 1.0 16.6 Mar 22 6349688 20.3 0.99 The Foschini Group L 127.16 ZAR 331 96.8 40,789 100.0 4.8 2.6 -14.8 1,207 156.8
7.30 11.9 3.9 6.2 1.5 33.0 Jun 21 6113485 11.1 0.54 Truworths Internatio 57.28 ZAR 418 93 22,269 50.0 11.9 9.6 -14.6 1,935 106.8
2.62 12.9 6.2 7.3 0.7 56.9 Jun 21 B06KZ97 26.8 1.31 Woolworths Holdings 56.00 ZAR 1,052 91.1 53,673 0.0 5.9 8.0 -12.0 3,010 162.0
3.74 13.7 2.8 8.2 1.0 21.5 200,605 4.5 0.3 -13.5 - -
Beverages
0.00 15.4 2.4 11.1 1.1 17.3 Jun 22p BF52H71 100.0 0.33 Distell Group Hldgs 172.00 ZAR 223 35.2 13,541 50.0 1.2 1.9 -4.2 80 13.7
0.00 15.4 2.4 11.1 1.1 17.3 13,541 1.2 1.9 -4.2 - -
Food Producers
6.05 14.9 5.6 10.8 1.9 35.3 Jun 21 6040958 47.3 0.59 AVI 73.60 ZAR 336 97.7 24,186 25.0 6.3 -0.4 -3.1 716 51.0
4.95 16.3 2.0 9.4 1.0 12.2 Sep 21 B0J4PP2 52.7 0.66 Tiger Brands 166.72 ZAR 186 87.2 26,991 25.0 1.4 -7.9 -10.3 531 87.9
5.47 15.6 2.9 10.0 1.3 18.0 51,177 3.6 -4.6 -7.1 - -
Personal Care, Drug & Grocery St.
2.15 22.1 3.5 18.7 0.7 16.8 Jun 22 BZBFKT7 30.2 2.63 BidCorp Ltd 325.05 ZAR 335 99 108,042 50.0 6.2 -0.4 1.6 1,010 326.4

5–164
August 2022 FTSE Russell

South Africa - Constituent Report WORLD/EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% ZAR (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Personal Care, Drug & Grocery St.
1.77 38.3 15.1 19.2 1.9 38.0 Aug 21 6105578 20.3 1.77 Clicks Group Ltd 298.02 ZAR 244 99.9 72,646 100.0 6.5 -5.5 -1.5 644 191.2
1.12 34.0 9.2 16.6 1.0 28.8 Feb 22 BYMPX12 3.7 0.32 Dis-Chem Pharmacies 35.47 ZAR 860 43.1 13,168 100.0 7.4 0.1 13.8 926 32.2
3.58 22.8 8.2 7.4 0.3 37.7 Feb 22 6688068 6.0 0.52 Pick N Pay Stores 61.81 ZAR 494 70.1 21,395 100.0 12.1 17.8 5.1 1,655 100.3
2.52 26.3 6.5 13.3 0.8 25.5 Jul 21 6801575 31.5 2.74 Shoprite 232.72 ZAR 591 81.9 112,831 75.0 3.8 11.4 26.6 1,420 332.3
4.54 12.6 3.7 8.3 0.2 29.7 Sep 21 B038WK4 8.4 0.73 The Spar Group 156.58 ZAR 193 99.8 30,114 25.0 16.6 -6.3 -24.6 993 151.8
2.44 24.2 5.5 14.1 0.7 23.6 358,196 6.7 2.3 5.0 - -
General Industrials
5.34 5.9 0.8 3.0 0.4 14.4 Sep 21 6079123 18.5 0.40 Barloworld 87.00 ZAR 200 95 16,563 0.0 -5.0 -37.4 -12.7 444 41.2
3.21 17.4 2.9 6.8 0.8 17.3 Jun 21 6100089 81.5 1.77 Bidvest Group 214.95 ZAR 340 99.6 72,883 0.0 0.5 13.5 4.9 849 187.1
3.61 12.8 2.0 5.5 0.7 16.0 89,446 -0.5 -1.6 1.7 - -
Industrial Materials
0.00 76.6 0.9 4.3 0.3 1.2 Sep 21 6777007 100.0 0.63 Sappi 45.76 ZAR 570 99.5 25,970 0.0 -16.8 0.2 3.9 3,414 176.1
0.00 76.6 0.9 4.3 0.3 1.2 25,970 -16.8 0.2 3.9 - -
Industrial Metals and Mining
13.54 4.2 1.3 5.4 2.7 35.0 Jun 21 6041122 54.8 0.61 African Rainbow Mine 236.28 ZAR 225 47.1 25,008 6.6 1.1 2.2 -8.8 414 98.0
15.56 3.7 2.7 2.5 1.2 72.3 Dec 21 B1G4262 45.2 0.50 Kumba Iron Ore 380.51 ZAR 322 16.8 20,590 0.0 -22.7 -17.3 -41.7 348 150.7
14.45 4.0 1.7 3.5 1.7 46.6 45,598 -11.3 -7.7 -27.3 - -
Precious Metals and Mining

Country Details
7.51 4.0 3.1 3.3 1.5 87.5 Dec 21 6761000 10.6 1.64 Anglo American Plati 1,198.74 ZAR 265 21.1 67,260 100.0 -2.7 -29.7 -22.5 280 347.7
3.09 10.3 1.5 5.3 1.6 15.7 Dec 21 6565655 15.2 2.33 Anglogold Ashanti 229.63 ZAR 418 99.9 95,995 100.0 -6.7 -30.1 -5.9 1,664 411.7
3.39 10.5 1.9 5.2 2.0 20.0 Dec 21 6280215 19.2 2.96 Gold Fields 138.73 ZAR 891 98.4 121,726 0.0 -9.9 -20.3 1.6 2,535 384.2
1.55 5.2 0.9 2.9 0.6 18.9 Jun 21 6410562 3.6 0.56 Harmony 43.16 ZAR 617 86.7 23,092 0.0 -18.4 -35.2 -19.1 1,513 78.9
9.56 3.3 1.7 3.5 1.2 62.8 Jun 21 B1FFT76 23.2 3.56 Impala Platinum Hlds 180.38 ZAR 850 95.5 146,515 0.0 -2.3 -19.8 -19.1 2,112 392.5
0.00 6.5 2.2 8.9 1.9 40.4 Jun 22 BMZ1NS0 9.4 1.45 Northam Platinum Hld 161.20 ZAR 397 93.2 59,589 100.0 -8.6 -23.1 -19.4 913 157.8
5.37 6.3 1.7 7.4 2.6 30.2 Dec 21 B59KXT5 1.7 0.26 Royal Bafokeng Plati 145.27 ZAR 290 25.7 10,855 100.0 -3.2 -7.1 65.0 144 21.0
12.44 3.3 1.4 2.1 0.6 44.5 Dec 21 BL0L913 17.0 2.62 Sibanye Stillwater 38.49 ZAR 2,830 98.8 107,716 0.0 -5.0 -21.6 -34.7 10,225 412.7
6.40 4.8 1.7 3.7 1.2 39.2 632,747 -6.3 -24.0 -16.9 - -
Chemicals
0.00 5.3 1.1 5.1 0.8 23.4 Jun 22 6777450 100.0 4.50 Sasol 331.83 ZAR 629 88.5 184,896 0.0 -5.1 28.1 48.1 2,121 728.9
0.00 5.3 1.1 5.1 0.8 23.4 184,896 -5.1 28.1 48.1 - -
Oil Gas and Coal
14.90 5.9 1.9 4.1 2.3 32.8 Dec 21 6418801 100.0 1.28 Exxaro Resources 218.32 ZAR 349 68.9 52,598 25.0 8.1 42.8 18.3 736 155.0
14.90 5.9 1.9 4.1 2.3 32.8 52,598 8.1 42.8 18.3 - -
FTSE South Africa
4.03 8.5 1.8 7.9 1.2 21.4 4,111,650 -2.0 -6.5 -3.4 - -

5–165

5–165
FTSE All-World Review August 2022

Spain - Overview WORLD/DEVELOPED

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Repsol Oil Gas and Coal 12.99 7.09 Acciona S.A. Construction and Materials 195.10 41.79
Bankinter Banks 5.10 6.24 Acciona Global Renew Electricity 41.44 36.86
Mapfre S.A. Non-life Insurance 1.65 4.95 Repsol Oil Gas and Coal 12.99 33.80
CaixaBank Banks 3.00 2.56 Naturgy Energy Group Gas Water and Multi-utilities 27.48 26.06
BBVA Banks 4.49 1.69 CaixaBank Banks 3.00 14.13

Inditex Retailers 21.55 -9.03 Cellnex Telecom SAU Telecommunications Service Prov. 38.77 -33.12
Cellnex Telecom SAU Telecommunications Service Prov. 38.77 -11.06 Inmobiliaria Colonia Real Estate Investment Trusts 5.89 -35.73
Grifols S.A. Cl B Pharmaceuticals & Biotechnology 7.85 -11.75 Grifols S.A. Cl B Pharmaceuticals & Biotechnology 7.85 -36.01
Fluidra SA Construction and Materials 15.95 -12.22 Grifols Pharmaceuticals & Biotechnology 12.05 -41.78
Grifols Pharmaceuticals & Biotechnology 12.05 -15.30 Fluidra SA Construction and Materials 15.95 -53.90

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Repsol Oil Gas and Coal 12.99 5.07 0.33 Repsol Oil Gas and Coal 12.99 5.07 1.17
BBVA Banks 4.49 8.92 0.14 Iberdrola Electricity 10.39 19.26 0.56
CaixaBank Banks 3.00 4.02 0.10 CaixaBank Banks 3.00 4.02 0.44
Bankinter Banks 5.10 1.06 0.06 Acciona S.A. Construction and Materials 195.10 1.35 0.36
Mapfre S.A. Non-life Insurance 1.65 0.50 0.02 Naturgy Energy Group Gas Water and Multi-utilities 27.48 1.21 0.34

Grifols Pharmaceuticals & Biotechnology 12.05 1.20 -0.21 Grifols Pharmaceuticals & Biotechnology 12.05 1.20 -0.78
Telefonica Telecommunications Service Prov. 4.12 6.44 -0.37 BBVA Banks 4.49 8.92 -1.92
Amadeus IT Group SA Software and Computer Services 52.62 6.80 -0.51 Inditex Retailers 21.55 6.87 -1.99
Inditex Retailers 21.55 6.87 -0.66 Cellnex Telecom SAU Telecommunications Service Prov. 38.77 7.15 -3.17
Cellnex Telecom SAU Telecommunications Service Prov. 38.77 7.15 -0.86 Banco Santander Banks 2.42 12.35 -3.28

FTSE Spain Index Performance % FTSE Spain Index Volatility %

120 90
80
110
70
100
60
90 50

80 40
30
70
20
60
10
50 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–166
August 2022 FTSE Russell

Spain - Industry/Sector/Style Summary WORLD/DEVELOPED

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % EUR (mn) Wgt % Stocks Cont1M%
0.00 67.9 6.3 42.0 8.9 9.3 Technology 213.93 -7.16 -11.77 1.74 590.16 -7.16 -11.77 1.74 22,361 6.80 1 -0.51
0.00 67.9 6.3 42.0 8.9 9.3 Software and Computer Services 213.93 -7.16 -11.77 1.74 590.16 -7.16 -11.77 1.74 22,361 6.80 1 -0.51
0.02 4.7 1.7 4.4 1.2 44.1 Telecommunications 147.66 -8.52 -10.81 -18.82 443.08 -8.52 -10.79 -18.80 44,703 13.59 2 -1.23
0.02 4.7 1.7 4.4 1.2 44.1 Telecommunications Service Prov. 2445.45 -8.52 -10.81 -18.82 4850.02 -8.52 -10.79 -18.80 44,703 13.59 2 -1.23
0.00 22.8 1.1 11.4 1.4 5.4 Health Care 687.77 -14.13 -27.99 -41.26 1681.52 -14.13 -27.99 -41.26 5,955 1.81 2 -0.29
0.00 22.8 1.1 11.4 1.4 5.4 Pharmaceuticals & Biotechnology 687.77 -14.13 -27.99 -41.26 1681.52 -14.13 -27.99 -41.26 5,955 1.81 2 -0.29
5.34 4.9 0.6 0.6 0.8 12.0 Financials 126.77 0.81 -11.07 -16.42 571.76 0.81 -8.25 -12.56 88,320 26.85 5 0.21
5.27 4.9 0.6 0.6 0.8 12.0 Banks 134.70 0.74 -11.12 -16.55 624.41 0.74 -8.32 -12.75 86,688 26.35 4 0.19
8.85 5.4 0.7 10.6 0.2 12.5 Non-life Insurance 302.03 4.95 -8.45 -11.81 1445.84 4.95 -3.98 -5.12 1,632 0.50 1 0.02
2.76 7.5 0.6 20.5 9.3 7.8 Real Estate 946.40 -7.28 -11.00 -16.84 982.65 -7.28 -9.43 -14.68 5,037 1.53 2 -0.12
2.76 7.5 0.6 20.5 9.3 7.8 Real Estate Investment Trusts 204.94 -7.28 -11.00 -16.84 869.76 -7.28 -9.43 -14.68 5,037 1.53 2 -0.12
2.16 18.6 4.3 9.9 2.4 23.8 Consumer Discretionary 447.80 -9.03 -24.47 -24.61 1022.32 -9.03 -22.70 -22.84 22,612 6.87 1 -0.66
2.16 18.6 4.3 9.9 2.4 23.8 Retailers 686.70 -9.03 -24.47 -24.61 1472.47 -9.03 -22.70 -22.84 22,612 6.87 1 -0.66
0.55 8.9 2.4 32.8 1.0 30.8 Industrials 986.23 -3.68 -10.25 -3.25 3012.88 -3.65 -9.81 -2.72 31,816 9.67 5 -0.36
0.76 6.5 2.2 27.8 0.8 40.9 Construction and Materials 1578.14 -4.80 -9.57 -0.36 4040.77 -4.76 -8.96 0.40 23,214 7.06 4 -0.35
0.00 +ve 3.0 64.2 7.9 0.1 Industrial Transportation 1065.12 -0.53 -11.85 -9.50 4190.69 -0.53 -11.85 -9.50 8,602 2.61 1 -0.01
4.88 9.7 1.0 5.5 0.5 11.2 Energy 453.07 3.41 8.80 10.45 1488.66 3.41 13.43 16.00 25,200 7.66 3 0.25
5.81 7.9 0.9 4.9 0.5 12.5 Oil Gas and Coal 602.17 4.09 14.81 22.99 2013.43 4.09 20.69 30.51 21,181 6.44 2 0.25

Country Details
0.00 -39.7 2.7 16.2 1.2 -6.5 Alternative Energy 220.93 -0.03 -14.93 -28.61 443.01 -0.03 -14.93 -28.61 4,019 1.22 1 0.00
1.33 14.2 1.9 8.5 1.7 13.9 Utilities 1378.26 -1.42 1.47 4.46 6275.77 -1.37 2.67 6.05 82,955 25.22 5 -0.35
1.18 14.1 1.8 8.3 1.8 13.7 Electricity 1581.41 -1.29 2.24 2.78 7076.70 -1.29 3.28 4.03 78,988 24.01 4 -0.30
4.37 17.6 4.5 28.0 1.2 21.5 Gas Water and Multi-utilities 696.03 -3.98 -4.02 26.06 3862.71 -2.98 -0.98 32.34 3,967 1.21 1 -0.05
2.39 7.9 1.2 2.0 1.1 15.3 FTSE Spain 358.00 -3.06 -8.36 -9.49 1343.57 -3.04 -6.79 -7.43 328,959 100.00 26 -

5–167

5–167
FTSE All-World Review August 2022

Spain - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% EUR (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Software and Computer Services
0.00 67.9 6.3 42.0 8.9 9.3 Dec 21 B3MSM28 100.0 6.80 Amadeus IT Group SA 52.62 EUR 450 94.4 22,361 100.0 -7.2 -11.8 1.7 450 24.9
0.00 67.9 6.3 42.0 8.9 9.3 22,361 -7.2 -11.8 1.7 - -
Telecommunications Service Prov.
0.05 69.5 1.9 23.0 10.4 3.4 Dec 21 BX90C05 52.6 7.15 Cellnex Telecom SAU 38.77 EUR 678 89.4 23,509 100.0 -11.1 -24.2 -33.1 743 30.9
0.00 2.3 1.6 2.3 0.6 79.3 Dec 21 5732524 47.4 6.44 Telefonica 4.12 EUR 5,822 88.4 21,194 0.0 -5.5 10.3 5.5 11,204 47.4
0.02 4.7 1.7 4.4 1.2 44.1 44,703 -8.5 -10.8 -18.8 - -
Pharmaceuticals & Biotechnology
0.00 26.9 1.3 13.4 1.7 5.4 Dec 21 BYY3DX6 66.2 1.20 Grifols 12.05 EUR 422 77.5 3,944 100.0 -15.3 -28.6 -41.8 1,018 13.5
0.00 17.6 0.9 8.8 1.1 5.4 Dec 21 BYP0K57 33.8 0.61 Grifols S.A. Cl B 7.85 EUR 256 100 2,011 0.0 -11.8 -22.4 -36.0 145 1.2
0.00 22.8 1.1 11.4 1.4 5.4 5,955 -14.1 -28.0 -41.3 - -
Banks
4.14 4.5 0.5 0.3 0.6 10.9 Dec 21 5705946 46.9 12.35 Banco Santander 2.42 EUR 17,008 98.7 40,614 0.0 -0.9 -17.8 -22.7 32,934 82.6
6.22 3.4 0.9 0.4 1.9 27.2 Dec 21 5474008 4.0 1.06 Bankinter 5.10 EUR 899 76.1 3,492 0.0 6.2 13.2 2.8 1,914 9.6
6.90 6.1 0.7 -3.5 0.9 10.8 Dec 21 5501906 33.9 8.92 BBVA 4.49 EUR 6,540 99.9 29,358 0.0 1.7 -14.4 -19.0 13,825 63.9
4.87 4.6 0.7 1.1 1.7 17.2 Dec 21 B283W97 15.3 4.02 CaixaBank 3.00 EUR 8,053 54.6 13,224 0.0 2.6 24.4 14.1 9,376 27.9
5.27 4.9 0.6 0.6 0.8 12.0 86,688 0.7 -11.1 -16.6 - -
Non-life Insurance
8.85 5.4 0.7 10.6 0.2 12.5 Dec 21 B1G40S0 100.0 0.50 Mapfre S.A. 1.65 EUR 3,052 32.3 1,632 0.0 5.0 -8.4 -9.5 2,407 3.9
8.85 5.4 0.7 10.6 0.2 12.5 1,632 5.0 -8.4 -11.8 - -
Real Estate Investment Trusts
4.07 6.6 0.5 24.7 9.7 8.3 Dec 21 BD0PJ08 39.7 0.61 Inmobiliaria Colonia 5.89 EUR 531 63.9 2,001 100.0 -8.9 -28.6 -35.7 791 5.0
1.89 8.3 0.6 18.5 9.1 7.5 Dec 21 BNGNB77 60.3 0.92 Merlin Properties So 9.12 EUR 467 71.2 3,035 100.0 -6.2 5.0 1.6 1,156 11.5
2.76 7.5 0.6 20.5 9.3 7.8 5,037 -7.3 -11.0 -16.8 - -
Retailers
2.16 18.6 4.3 9.9 2.4 23.8 Jan 22 BP9DL90 100.0 6.87 Inditex 21.55 EUR 3,112 33.7 22,612 100.0 -9.0 -24.5 -24.6 2,648 62.9
2.16 18.6 4.3 9.9 2.4 23.8 22,612 -9.0 -24.5 -24.6 - -
Construction and Materials
2.11 27.1 2.5 18.6 1.3 10.2 Dec 21 5579107 19.2 1.35 Acciona S.A. 195.10 EUR 55 41.7 4,453 0.0 -2.7 16.1 41.8 81 16.3
0.23 2.1 1.0 31.5 0.2 63.2 Dec 21 B01FLQ6 21.6 1.52 ACS Activ Cons y Srv 22.21 EUR 288 78.3 5,015 25.0 -5.1 2.5 5.7 494 11.5
0.00 15.5 4.6 50.9 2.7 32.9 Dec 21 B038516 51.5 3.64 Ferrovial 24.98 EUR 738 64.9 11,964 100.0 -4.2 -8.3 4.2 715 18.7
3.95 9.3 1.9 8.8 1.4 21.4 Dec 21 B28V440 7.7 0.54 Fluidra SA 15.95 EUR 190 58.8 1,781 0.0 -12.2 -54.7 -53.9 565 9.9
0.76 6.5 2.2 27.8 0.8 40.9 23,214 -4.8 -9.6 -0.4 - -
Industrial Transportation
0.00 +ve 3.0 64.2 7.9 0.1 Dec 21 BVRZ8L1 100.0 2.61 Aena SME SA 122.35 EUR 150 46.8 8,602 75.0 -0.5 -11.9 -9.5 105 13.2
0.00 +ve 3.0 64.2 7.9 0.1 8,602 -0.5 -11.9 -9.5 - -
Oil Gas and Coal
9.35 11.4 1.5 8.2 4.9 13.7 Dec 21 7383072 21.3 1.37 Enagas 18.19 EUR 262 95 4,519 0.0 -5.7 -10.8 -5.6 686 13.1
4.85 7.3 0.8 4.4 0.4 12.3 Dec 21 5669354 78.7 5.07 Repsol 12.99 EUR 1,463 87.6 16,662 0.0 7.1 24.4 33.8 5,149 65.0
5.81 7.9 0.9 4.9 0.5 12.5 21,181 4.1 14.8 23.0 - -
Alternative Energy
0.00 -39.7 2.7 16.2 1.2 -6.5 Sep 21 B01CP21 100.0 1.22 Siemens Gamesa Renew 17.93 EUR 681 32.9 4,019 100.0 0.0 -14.9 -28.6 1,209 21.7
0.00 -39.7 2.7 16.2 1.2 -6.5 4,019 0.0 -14.9 -28.6 - -
Electricity
0.68 36.6 2.7 15.8 5.5 9.8 Dec 21 BP7L895 3.0 0.72 Acciona Global Renew 41.44 EUR 329 17.2 2,357 -3.0 27.2 36.9 183 7.7
8.40 10.7 3.4 6.9 0.9 26.8 Dec 21 5271782 6.9 1.65 Endesa 17.10 EUR 1,059 29.9 5,412 0.0 -4.5 -15.3 -16.0 753 13.5
0.05 14.2 1.7 8.6 1.7 12.6 Dec 21 B288C92 80.2 19.26 Iberdrola 10.39 EUR 6,518 93.6 63,363 50.0 -0.4 4.2 3.4 9,316 99.8
5.48 13.6 2.7 6.1 5.0 20.4 Dec 21 BD6FXN3 9.9 2.39 Red Electrica Corp S 18.24 EUR 539 79.8 7,855 25.0 -5.2 -4.2 8.0 808 15.5
1.18 14.1 1.8 8.3 1.8 13.7 78,988 -1.3 2.2 2.8 - -
Gas Water and Multi-utilities
4.37 17.6 4.5 28.0 1.2 21.5 Dec 21 5650422 100.0 1.21 Naturgy Energy Group 27.48 EUR 961 15 3,967 0.0 -4.0 -4.0 26.1 326 9.3
4.37 17.6 4.5 28.0 1.2 21.5 3,967 -4.0 -4.0 26.1 - -
FTSE Spain
2.39 7.9 1.2 2.0 1.1 15.3 328,959 -3.1 -8.4 -9.5 - -

5–168
August 2022 FTSE Russell

Sweden - Overview WORLD/DEVELOPED

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Orron Energy AB Electricity 20.32 62.56 Orron Energy AB Electricity 20.32313,256.60
Holmen AB Industrial Materials 458.60 10.27 Swedish Match Tobacco 107.10 34.41
SCA B Industrial Materials 160.35 8.45 Swedish Orphan Biovi Pharmaceuticals & Biotechnology 235.60 25.35
Samhallsbyggnadsbola Real Estate Investment & Services 21.04 8.12 Boliden Industrial Metals and Mining 343.55 19.07
SCA A Industrial Materials 161.00 7.48 Trelleborg Ab Ser B Industrial Engineering 222.40 6.06

Kinnevik AB Investment Banking & Brokerage 152.45 -16.21 Vitrolife Medical Equipment and Services 255.20 -51.98
Indutrade AB General Industrials 198.20 -16.55 Kinnevik AB Investment Banking & Brokerage 152.45 -54.91
Kinnevik AB Class A Investment Banking & Brokerage 152.60 -17.07 Kinnevik AB Class A Investment Banking & Brokerage 152.60 -57.92
Sinch AB Software and Computer Services 20.78 -18.29 Samhallsbyggnadsbola Real Estate Investment & Services 17.21 -65.09
Vitrolife Medical Equipment and Services 255.20 -22.67 Sinch AB Software and Computer Services 20.78 -89.27

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Telefonaktiebolaget Telecommunications Equipment 79.98 5.13 0.19 Swedish Match Tobacco 107.10 3.47 0.70
SCA B Industrial Materials 160.35 2.03 0.15 Orron Energy AB Electricity 20.32 0.08 0.52
Holmen AB Industrial Materials 458.60 0.94 0.08 Boliden Industrial Metals and Mining 343.55 2.00 0.27

Country Details
Swedish Orphan Biovi Pharmaceuticals & Biotechnology 235.60 0.89 0.05 SAAB B Aerospace & Defense Del Del 0.14
Boliden Industrial Metals and Mining 343.55 2.00 0.04 Swedish Orphan Biovi Pharmaceuticals & Biotechnology 235.60 0.89 0.14

Volvo B Industrial Transportation 169.28 5.44 -0.37 Investor B Free Investment Banking & Brokerage 168.70 6.53 -1.15
Evolution AB Travel and Leisure 858.50 2.92 -0.38 Hexagon B Software and Computer Services 109.45 4.36 -1.23
Assa Abloy B Construction and Materials 216.70 4.23 -0.40 Evolution AB Travel and Leisure 858.50 2.92 -1.44
Atlas Copco A Industrial Engineering 108.74 5.85 -0.47 Sinch AB Software and Computer Services 20.78 0.26 -1.55
Investor B Free Investment Banking & Brokerage 168.70 6.53 -0.73 Atlas Copco A Industrial Engineering 108.74 5.85 -1.58

FTSE Sweden Index Performance % FTSE Sweden Index Volatility %

170 70
160
60
150
50
140
130 40

120 30

5–169
110
20
100
90 10

80 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–169
FTSE All-World Review August 2022

Sweden - Industry/Sector/Style Summary WORLD/DEVELOPED

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % SEK (mn) Wgt % Stocks Cont1M%
1.01 25.5 2.5 22.7 5.1 12.8 Technology 380.04 -8.64 -35.07 -44.09 761.82 -8.64 -34.54 -43.64 217,163 4.63 2 -0.41
1.01 25.5 2.5 22.7 5.1 12.8 Software and Computer Services 664.54 -8.64 -35.07 -44.09 1281.66 -8.64 -34.54 -43.64 217,163 4.63 2 -0.41
3.85 9.7 2.3 6.6 1.4 25.9 Telecommunications 673.63 2.12 -12.25 -14.46 2084.96 2.12 -10.58 -11.45 402,462 8.58 4 0.17
2.81 10.6 2.5 6.8 1.1 25.8 Telecommunications Equipment 701.65 4.00 -19.81 -21.78 725.52 4.00 -18.63 -19.82 243,585 5.19 2 0.19
5.44 8.6 2.1 6.3 2.1 26.2 Telecommunications Service Prov. 836.51 -0.63 2.34 -0.42 2700.19 -0.63 4.92 4.83 158,876 3.39 2 -0.02
1.42 16.0 2.5 11.8 2.7 17.7 Health Care 572.71 -9.85 -32.53 -27.63 1216.87 -9.55 -31.67 -26.70 124,429 2.65 4 -0.27
2.13 16.4 2.3 11.4 2.3 16.4 Medical Equipment and Services 438.06 -16.07 -45.86 -40.59 947.27 -15.66 -44.90 -39.53 82,879 1.77 3 -0.32
0.00 15.4 3.0 12.7 4.5 20.8 Pharmaceuticals & Biotechnology 2230.16 5.79 27.28 25.35 2577.05 5.79 27.28 25.35 41,549 0.89 1 0.05
4.80 4.0 0.9 23.2 5.2 25.4 Financials 933.00 -8.44 -26.17 -20.41 2956.88 -8.44 -24.01 -17.19 1,090,533 23.24 14 -2.00
9.10 8.2 1.0 17.7 3.1 12.9 Banks 646.28 -2.69 -16.59 -10.09 2365.64 -2.69 -11.68 -2.46 426,417 9.09 5 -0.23
2.04 3.0 0.9 29.0 9.0 32.7 Investment Banking & Brokerage 1622.12 -11.78 -31.25 -26.11 4491.97 -11.78 -30.24 -24.80 664,116 14.15 9 -1.76
2.93 2.9 0.8 15.4 7.5 33.2 Real Estate 768.48 -8.92 -42.86 -43.23 791.12 -8.84 -42.01 -42.09 137,259 2.92 6 -0.27
2.93 2.9 0.8 15.4 7.5 33.2 Real Estate Investment & Services 841.98 -8.92 -42.86 -43.23 2305.94 -8.84 -42.01 -42.09 137,259 2.92 6 -0.27
4.22 14.4 3.3 8.0 1.2 24.6 Consumer Discretionary 929.37 -12.31 -38.80 -38.24 2360.42 -12.31 -37.63 -36.07 357,667 7.62 7 -1.00
0.00 10.8 2.1 6.5 0.7 24.0 Automobiles and Parts 90.55 -13.95 90.55 -13.95 34,793 0.74 1 -0.11
4.96 7.4 2.0 6.2 0.4 27.6 Household Goods & Home Constr. 1426.20 -9.08 -44.94 -35.17 3510.13 -9.08 -43.86 -32.73 61,138 1.30 3 -0.12
4.02 15.2 4.7 24.2 2.6 32.5 Leisure Goods 64.52 -10.88 65.75 -10.88 27,322 0.58 1 -0.07
8.78 14.6 3.1 4.1 0.9 21.9 Retailers 1896.85 -14.12 -37.63 -35.79 4935.88 -14.12 -35.95 -31.39 97,229 2.07 1 -0.32
1.77 27.3 5.6 30.1 16.8 22.3 Travel and Leisure 1465.46 -12.25 -33.25 -38.26 3642.08 -12.25 -32.28 -37.35 137,183 2.92 1 -0.38
1.85 20.9 6.8 16.2 2.5 17.0 Consumer Staples 4155.46 -3.57 6.34 9.25 10815.50 -3.57 8.78 11.75 307,290 6.55 2 -0.23
0.87 25.9 -24.4 25.7 8.8 N/A Tobacco 16309.50 0.85 48.71 34.41 37272.00 0.85 50.52 36.05 162,868 3.47 1 0.03
2.95 17.2 2.8 11.4 1.4 17.0 Personal Care, Drug & Grocery St. 1826.97 -8.10 -19.74 -11.56 4579.03 -8.10 -17.10 -8.66 144,421 3.08 1 -0.25
2.26 17.3 3.8 16.8 1.8 24.3 Industrials 8368.65 -7.82 -24.85 -19.72 21581.20 -7.82 -23.53 -18.06 1,753,822 37.37 18 -2.96
1.85 20.6 3.5 19.7 1.7 18.3 Construction and Materials 1781.66 -7.00 -25.89 -23.20 4735.96 -7.00 -24.98 -21.98 395,429 8.43 4 -0.59
2.10 21.4 3.7 23.3 2.9 18.3 Electronic and Electrical Equipment 1040.07 -5.46 -21.65 -18.43 1083.09 -5.46 -19.90 -16.61 89,457 1.91 1 -0.10
1.06 26.6 6.9 24.8 3.6 28.2 General Industrials 1391.39 -16.04 -32.92 -32.29 2350.81 -16.04 -32.37 -31.74 93,309 1.99 2 -0.35
1.98 20.7 4.8 19.8 3.4 27.4 Industrial Engineering 3401.34 -7.83 -27.39 -19.80 9491.84 -7.83 -26.44 -18.36 854,999 18.22 8 -1.45
4.70 8.8 1.6 5.7 0.3 20.1 Industrial Support Services 2277.72 -8.64 -24.91 -34.66 5775.28 -8.64 -21.77 -31.93 28,851 0.61 1 -0.05
3.82 9.7 2.5 10.3 0.9 24.9 Industrial Transportation 823.05 -6.63 -15.69 -9.54 881.89 -6.63 -12.22 -5.81 291,776 6.22 2 -0.41
2.57 13.3 1.6 12.1 1.8 12.0 Basic Materials 1499.85 3.41 -4.90 0.19 4245.85 3.41 -2.80 2.40 298,422 6.36 5 0.20
1.47 19.9 1.4 19.9 5.1 7.6 Industrial Materials 769.80 8.98 2.08 5.74 2288.83 8.98 3.41 7.12 142,640 3.04 3 0.23
3.57 10.2 1.8 8.9 1.1 19.0 Industrial Metals and Mining 857.29 -1.21 -10.33 -4.25 907.45 -1.21 -7.59 -1.31 155,783 3.32 2 -0.04

+ve 1.4 -0.5 0.2 N/A N/A Utilities 266.11 62.56 266.11 62.56 3,839 0.08 1 0.03
+ve 1.4 -0.5 0.2 N/A N/A Electricity 266.11 62.56 266.11 62.56 3,839 0.08 1 0.03
3.15 8.6 1.9 13.5 2.2 24.6 FTSE Sweden 2087.40 -6.73 -23.96 -20.81 5392.22 -6.72 -22.54 -18.79 4,692,885 100.00 63 -

5–170
August 2022 FTSE Russell

Sweden - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% SEK (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Software and Computer Services
1.07 27.5 3.3 22.0 6.7 14.4 Dec 21 BNZFHC1 94.3 4.36 Hexagon B 109.45 SEK 2,585 72.3 204,842 100.0 -8.0 -23.8 -26.8 3,282 383.2
0.00 11.4 0.5 51.1 1.0 7.1 Dec 21 BKP8Q11 5.7 0.26 Sinch AB 20.78 SEK 809 73.3 12,321 0.0 -18.3 -81.9 -89.3 20,190 447.0
1.01 25.5 2.5 22.7 5.1 12.8 217,163 -8.6 -35.1 -44.1 - -
Telecommunications Equipment
2.81 10.6 2.4 6.8 1.1 25.8 Dec 21 5959378 98.7 5.13 Telefonaktiebolaget 79.98 SEK 3,068 98 240,526 51.3 4.0 -19.9 -21.8 8,482 664.2
2.68 11.1 2.6 7.1 1.2 25.8 Dec 21 5957480 1.3 0.07 Telefonaktiebolaget 83.80 SEK 262 13.9 3,060 0.0 0.7 -16.4 -18.8 25 2.1
2.81 10.6 2.5 6.8 1.1 25.8 243,585 4.0 -19.8 -21.8 - -
Telecommunications Service Prov.
5.63 11.8 2.6 7.7 3.0 21.1 Dec 21 B97C733 39.3 1.33 Tele2 AB 113.60 SEK 667 82.4 62,499 0.0 -2.0 -3.7 -3.9 2,704 310.4
5.32 7.3 1.9 5.6 1.7 29.2 Dec 21 5978384 60.7 2.05 Telia Co AB 37.58 SEK 4,090 62.7 96,378 0.0 0.3 6.1 1.5 12,727 480.7
5.44 8.6 2.1 6.3 2.1 26.2 158,876 -0.6 2.3 -0.4 - -
Medical Equipment and Services
3.75 13.2 2.6 12.6 1.6 20.7 Apr 22 B0M42T2 26.5 0.47 Elekta B 61.26 SEK 367 97.5 21,929 100.0 -16.2 -46.5 -43.4 2,205 149.6
2.02 13.8 2.2 8.2 2.0 17.0 Dec 21 7698356 53.3 0.94 Getinge B 198.15 SEK 254 87.7 44,187 0.0 -13.2 -49.8 -44.0 945 203.4
0.31 83.6 2.3 89.9 20.6 4.8 Dec 21 BFZCSN4 20.2 0.36 Vitrolife 255.20 SEK 135 48.5 16,763 0.0 -22.7 -54.4 -52.0 170 49.4
2.13 16.4 2.3 11.4 2.3 16.4 82,879 -16.1 -45.9 -40.6 - -
Pharmaceuticals & Biotechnology
0.00 15.4 3.0 12.7 4.5 20.8 Dec 21 B1CC9H0 100.0 0.89 Swedish Orphan Biovi 235.60 SEK 295 59.7 41,549 100.0 5.8 27.3 25.4 477 111.3

Country Details
0.00 15.4 3.0 12.7 4.5 20.8 41,549 5.8 27.3 25.4 - -
Banks
9.47 8.8 1.2 7.2 3.4 14.3 Dec 21 4813345 35.6 3.23 SEB A 106.65 SEK 2,123 67 151,680 0.0 -2.7 -15.3 -8.0 3,326 364.3
8.66 9.7 1.3 8.0 3.8 14.3 Dec 21 4812740 0.6 0.05 SEB C 116.60 SEK 24 83.4 2,350 0.0 -7.2 -11.1 0.5 34 4.2
4.98 9.8 1.1 -18.5 3.8 11.4 Dec 21 BXDZ9V6 0.8 0.08 Svenska Handelsbk B 100.40 SEK 35 100 3,539 100.0 -4.7 -6.9 -1.1 63 6.5
5.71 8.6 1.0 -16.2 3.4 11.4 Dec 21 BXDZ9Q1 30.5 2.77 Svenska Handelsbnk A 87.58 SEK 1,945 76.2 129,916 75.0 -3.9 -10.5 -5.8 4,213 379.8
11.97 7.3 1.0 12.6 2.6 13.5 Dec 21 4846523 32.6 2.96 Swedbank AB Series A 138.30 SEK 1,123 89.4 138,932 0.0 -1.4 -23.1 -15.9 3,173 440.4
9.10 8.2 1.0 17.7 3.1 12.9 426,417 -2.7 -16.6 -10.1 - -
Investment Banking & Brokerage
1.08 24.2 7.9 39.1 14.7 46.1 Dec 21 BJ7W9K4 10.3 1.45 EQT AB 240.30 SEK 994 28.5 68,278 0.0 -12.2 -51.3 -45.3 1,077 278.6
2.87 4.0 0.7 15.1 13.1 20.1 Dec 21 B1VSK54 6.0 0.86 Industr. AB C Free 234.80 SEK 171 100 40,175 0.0 -10.0 -17.4 -21.9 507 127.0
2.85 3.7 0.7 14.3 12.3 20.1 Dec 21 B1VSK10 8.0 1.14 Industr. AB Ser A 237.20 SEK 261 86.1 53,312 0.0 -10.1 -17.8 -25.3 367 93.0
2.25 2.4 0.8 38.2 8.6 40.3 Dec 21 BMV7PN1 14.2 2.01 Investor A 177.80 SEK 1,247 42.5 94,300 13.6 -14.6 -25.5 -14.1 454 87.7
2.37 2.2 0.8 36.3 8.1 40.3 Dec 21 BMV7PQ4 46.1 6.53 Investor B Free 168.70 SEK 1,817 99.9 306,474 25.0 -10.6 -25.9 -18.3 3,632 654.5
0.00 2.9 0.6 32.3 24.8 16.1 Dec 21 BNKF607 5.5 0.78 Kinnevik AB 152.45 SEK 242 98.9 36,572 50.0 -16.2 -52.8 -54.9 948 160.8
0.00 2.9 0.6 32.3 24.7 16.1 Dec 21 BNKF5Z5 0.3 0.05 Kinnevik AB Class A 152.60 SEK 34 43.6 2,248 0.0 -17.1 -55.7 -57.9 19 3.3
1.56 28.1 4.0 43.9 6.7 14.7 Dec 21 BZ404X1 4.5 0.64 Latour Investment B 211.00 SEK 592 24.1 30,198 100.0 -16.2 -42.8 -29.7 284 65.0
0.85 9.6 1.1 16.9 4.4 12.4 Dec 21 4538002 4.9 0.69 Lundberg B 442.00 SEK 152 48.4 32,557 44.5 -8.0 -13.0 -19.8 200 88.2
2.04 3.0 0.9 29.0 9.0 32.7 664,116 -11.8 -31.3 -26.1 - -
Real Estate Investment & Services
4.83 4.2 0.7 18.9 7.8 19.5 Dec 21 B0XP0T0 28.1 0.82 Castellum 150.15 SEK 328 78.2 38,560 75.0 -7.5 -38.4 -40.3 1,444 230.7
0.00 3.6 0.9 31.5 6.2 27.3 Dec 21 BPMRNZ9 26.0 0.76 Fastighets AB Balder 59.14 SEK 1,052 57.3 35,681 100.0 -8.4 -45.6 -42.5 2,561 161.8

5–171
0.93 10.4 3.3 43.0 32.9 36.6 Dec 21 B9M3PK4 28.8 0.84 Sagax AB 230.20 SEK 291 59.1 39,566 0.0 -11.7 -24.5 -28.5 274 67.4
7.19 1.3 0.4 5.2 4.0 36.6 Dec 21 BDQZF59 2.3 0.07 Sagax D Line 27.80 SEK 126 91.3 3,206 0.0 -5.3 -16.8 -20.7 240 6.9
7.56 0.9 0.3 4.6 3.6 50.1 Dec 21 BD7Y737 13.8 0.40 Samhallsbyggnadsbola 17.21 SEK 1,244 88.7 18,994 0.0 -8.3 -74.1 -65.1 21,886 393.5
9.51 N/A N/A N/A N/A N/A BGK8WJ8 0.9 0.03 Samhallsbyggnadsbola 21.04 SEK 194 30.6 1,252 0.0 8.1 -34.5 -36.6 842 17.0
2.93 2.9 0.8 15.4 7.5 33.2 137,259 -8.9 -42.9 -43.2 - -
Automobiles and Parts
0.00 10.8 2.1 6.5 0.7 24.0 Dec 21 BMXC0X9 100.0 0.74 Volvo Car Group 65.00 SEK 2,980 17.9 34,793 -14.0 -15.6 - 2,143 153.9
0.00 10.8 2.1 6.5 0.7 24.0 34,793 -14.0 - - - -
Household Goods & Home Constr.
6.36 6.9 2.0 5.3 0.3 29.3 Dec 21 BP81612 49.1 0.64 Electrolux Ser B 135.24 SEK 270 82.3 30,046 0.0 -7.3 -38.4 -32.4 2,121 306.9
3.49 8.2 1.9 7.4 0.9 26.4 Dec 21 B12V0C9 3.0 0.04 Husqvarna AB A 74.60 SEK 110 22.1 1,822 0.0 -9.8 -48.3 -36.0 11 0.9
3.61 8.1 1.9 7.3 0.9 26.4 Dec 21 B12PJ24 47.9 0.62 Husqvarna AB B 72.00 SEK 460 88.3 29,270 50.0 -10.8 -50.3 -37.8 1,637 123.2
4.96 7.4 2.0 6.2 0.4 27.6 61,138 -9.1 -44.9 -35.2 - -
Leisure Goods
4.02 15.2 4.7 24.2 2.6 32.5 Dec 21 BSQXJ01 100.0 0.58 Thule Group AB 261.30 SEK 105 100 27,322 0.0 -10.9 -52.3 -44.5 465 127.9
4.02 15.2 4.7 24.2 2.6 32.5 27,322 -10.9 - - - -
Retailers
8.78 14.6 3.1 4.1 0.9 21.9 Nov 21 5687431 100.0 2.07 H & M Hennes & Mauri 111.06 SEK 1,461 59.9 97,229 0.0 -14.1 -37.6 -35.8 5,447 671.3
8.78 14.6 3.1 4.1 0.9 21.9 97,229 -14.1 -37.6 -35.8 - -
Travel and Leisure
1.77 27.3 5.6 30.1 16.8 22.3 Dec 21 BJXSCH4 100.0 2.92 Evolution AB 858.50 SEK 213 74.9 137,183 0.0 -12.3 -33.3 -38.3 1,035 971.8

5–171
FTSE All-World Review August 2022

Sweden - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% SEK (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Travel and Leisure
1.77 27.3 5.6 30.1 16.8 22.3 137,183 -12.3 -33.3 -38.3 - -
Tobacco
0.87 25.9 -24.4 25.7 8.8 N/A Dec 21 BP09MR2 100.0 3.47 Swedish Match 107.10 SEK 1,521 100 162,868 100.0 0.8 48.7 34.4 4,499 481.4
0.87 25.9 -24.4 25.7 8.8 N/A 162,868 0.8 48.7 34.4 - -
Personal Care, Drug & Grocery St.
2.95 17.2 2.8 11.4 1.4 17.0 Dec 21 BF1K7P7 100.0 3.08 Essity Aktiebolag B 237.10 SEK 641 95 144,421 100.0 -8.1 -19.7 -14.3 1,840 467.4
2.95 17.2 2.8 11.4 1.4 17.0 144,421 -8.1 -19.7 -11.6 - -
Construction and Materials
1.87 19.8 3.5 19.3 2.5 19.0 Dec 21 BYPC1T4 50.2 4.23 Assa Abloy B 216.70 SEK 1,053 86.9 198,532 81.6 -9.3 -21.5 -21.4 1,955 449.6
0.50 55.9 9.7 63.7 6.7 19.1 Dec 21 BN7BZM3 30.4 2.56 NIBE Industrier B 100.25 SEK 1,783 67.1 120,041 100.0 -1.5 -26.7 -16.7 3,630 363.7
4.43 9.3 1.4 8.4 0.5 16.8 Dec 21 7142091 14.3 1.21 Skanska B 158.15 SEK 393 91.1 56,600 0.0 -8.3 -31.6 -35.5 652 107.7
2.43 22.3 4.3 16.7 1.7 20.4 Dec 21 BLN9XH8 5.1 0.43 Sweco Ab-B Shs 100.70 SEK 326 61.6 20,257 0.0 -10.9 -40.8 -33.4 214 22.8
1.85 20.6 3.5 19.7 1.7 18.3 395,429 -7.0 -25.9 -23.2 - -
Electronic and Electrical Equipment
2.10 21.4 3.7 23.3 2.9 18.3 Dec 21 7332687 100.0 1.91 Alfa Laval 285.50 SEK 420 74.7 89,457 100.0 -5.5 -21.7 -18.4 934 276.4
2.10 21.4 3.7 23.3 2.9 18.3 89,457 -5.5 -21.7 -18.4 - -
General Industrials
1.16 28.7 7.0 25.3 3.3 26.6 Dec 21 B0LDBX7 59.6 1.18 Indutrade AB 198.20 SEK 364 77 55,580 0.0 -16.5 -28.5 -30.5 504 111.4
0.90 24.0 6.6 24.0 4.0 30.5 Dec 21 BL6K7K9 40.4 0.80 Lifco AB 166.45 SEK 424 53.4 37,729 0.0 -15.3 -38.5 -34.8 407 73.0
1.06 26.6 6.9 24.8 3.6 28.2 93,309 -16.0 -32.9 -32.3 - -
Industrial Engineering
0.00 N/A N/A N/A N/A N/A BMQ4ZX7 1.1 0.20 Alleima AB 42.80 SEK 251 85.7 9,208 100.0 - - - - -
1.71 26.1 7.8 22.9 4.8 33.6 Dec 21 BLDBN41 32.1 5.85 Atlas Copco A 108.74 SEK 3,307 76.3 274,435 100.0 -7.9 -29.2 -25.2 5,581 636.3
1.91 23.3 7.0 20.4 4.3 33.6 Dec 21 BLDBN52 17.2 3.14 Atlas Copco B 97.52 SEK 1,561 96.7 147,203 100.0 -6.9 -25.1 -20.2 2,542 260.1
0.72 51.4 10.2 +ve 3.1 21.5 Dec 21 BP2NJ48 4.0 0.72 Beijer Ref AB 138.40 SEK 352 69.4 33,846 0.0 -13.9 -30.1 -30.2 381 56.7
1.68 26.3 7.7 25.9 5.0 30.3 Dec 21 BMD58R8 11.9 2.17 Epiroc A 163.65 SEK 816 76.3 101,978 100.0 -8.4 -28.6 -13.6 1,255 216.2
1.89 23.5 6.9 23.2 4.4 30.3 Dec 21 BMD58W3 6.4 1.17 Epiroc B 145.50 SEK 390 96.7 54,872 100.0 -9.4 -24.1 -11.3 264 40.8
2.85 13.3 2.7 15.9 2.1 22.2 Dec 21 B1VQ252 21.0 3.83 Sandvik AB 166.95 SEK 1,254 85.7 179,590 100.0 -4.7 -29.8 -19.4 3,470 622.1
2.47 14.8 1.8 9.1 1.8 13.1 Dec 21 4902384 6.3 1.15 Trelleborg Ab Ser B 222.40 SEK 242 100 53,866 0.0 -10.4 -6.5 6.1 792 186.0
1.98 20.7 4.8 19.8 3.4 27.4 854,999 -7.8 -27.4 -19.8 - -
Industrial Support Services
4.70 8.8 1.6 5.7 0.3 20.1 Dec 21 5554041 100.0 0.61 Securitas AB B 93.60 SEK 347 88.7 28,851 0.0 -8.6 -24.9 -34.7 1,708 168.5
4.70 8.8 1.6 5.7 0.3 20.1 28,851 -8.6 -24.9 -34.7 - -
Industrial Transportation
3.65 10.2 2.6 10.8 1.0 24.9 Dec 21 B1QH7Y4 12.5 0.78 Volvo A 177.90 SEK 445 46 36,462 83.4 -5.7 -13.1 -7.6 141 25.9
3.84 9.7 2.4 10.2 0.9 24.9 Dec 21 B1QH830 87.5 5.44 Volvo B 169.28 SEK 1,589 94.9 255,315 0.0 -6.8 -16.1 -9.8 3,981 708.7
3.82 9.7 2.5 10.3 0.9 24.9 291,776 -6.6 -15.7 -9.5 - -
Industrial Materials
1.64 24.2 1.6 22.8 3.8 6.8 Dec 21 BDQQ1Q5 30.9 0.94 Holmen AB 458.60 SEK 117 82.3 44,038 0.0 10.3 6.3 5.4 375 165.8
1.40 18.5 1.4 18.9 6.0 7.9 Dec 21 B1VVGV1 2.4 0.07 SCA A 161.00 SEK 65 33.3 3,465 0.0 7.5 0.3 5.9 10 1.6
1.40 18.4 1.4 18.9 6.0 7.9 Dec 21 B1VVGZ5 66.7 2.03 SCA B 160.35 SEK 638 93 95,137 25.0 8.5 0.3 5.9 1,939 300.5
1.47 19.9 1.4 19.9 5.1 7.6 142,640 9.0 2.1 5.7 - -
Industrial Metals and Mining
3.06 10.7 1.8 7.1 1.4 18.1 Dec 21 BL54C29 60.3 2.00 Boliden 343.55 SEK 274 99.9 93,927 25.0 2.0 2.4 19.1 1,849 642.0
4.36 9.4 1.7 14.2 0.9 20.3 Dec 21 B1Q3J35 39.7 1.32 SKF B 160.55 SEK 426 90.4 61,856 0.0 -5.7 -25.2 -27.0 2,110 345.7
3.57 10.2 1.8 8.9 1.1 19.0 155,783 -1.2 -10.3 -4.2 - -
Electricity
+ve 1.4 -0.5 0.2 N/A N/A Dec 21 7187627 100.0 0.08 Orron Energy AB 20.32 SEK 285 66.3 3,839 100.0 62.6254,447.9313,256.6 21,045 382.1
+ve 1.4 -0.5 0.2 N/A N/A 3,839 62.6 - - - -
FTSE Sweden
3.15 8.6 1.9 13.5 2.2 24.6 4,692,885 -6.7 -24.0 -20.8 - -

5–172
August 2022 FTSE Russell

Switzerland - Overview WORLD/DEVELOPED

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
BKW AG Electricity 118.60 9.81 BC Vaud N Banks 92.90 19.56
Tecan Group Medical Equipment and Services 361.00 7.31 BKW AG Electricity 118.60 11.68
Temenos Group Software and Computer Services 80.18 6.91 Compagnie Financiere Personal Goods 109.85 8.76
Swiss Re Non-life Insurance 76.18 6.84 Flughafen Zurich Industrial Transportation 165.00 8.41
BC Vaud N Banks 92.90 5.03 Zurich Insurance Gro Non-life Insurance 434.10 7.99

Kuehne & Nagel Int Industrial Transportation 226.00 -11.44 Schindler Holding C Industrial Engineering 170.70 -42.29
Alcon AG Medical Equipment and Services 64.56 -13.27 Temenos Group Software and Computer Services 80.18 -44.86
VAT Group AG Electronic and Electrical Equipment 234.60 -14.63 Logitech Technology Hardware & Equip. 48.86 -47.82
Straumann Hld N Medical Equipment and Services 107.70 -15.73 Credit Suisse Group Investment Banking & Brokerage 5.06 -47.91
Sonova Holding AG Medical Equipment and Services 258.70 -24.13 AMS-OSRAM AG Technology Hardware & Equip. 7.18 -61.47

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Zurich Insurance Gro Non-life Insurance 434.10 4.69 0.20 Zurich Insurance Gro Non-life Insurance 434.10 4.69 0.30
Swiss Re Non-life Insurance 76.18 1.60 0.10 Compagnie Financiere Personal Goods 109.85 4.08 0.28
Temenos Group Software and Computer Services 80.18 0.35 0.02 Vifor Pharma Tender Pharmaceuticals & Biotechnology Del Del 0.13

Country Details
Tecan Group Medical Equipment and Services 361.00 0.33 0.02 Swiss Life Life Insurance 512.40 1.16 0.07
Swiss Life Life Insurance 512.40 1.16 0.02 UBS Group AG Investment Banking & Brokerage 15.53 3.54 0.06

Lonza Grp Ag N Pharmaceuticals & Biotechnology 523.40 2.82 -0.28 Givaudan N Chemicals 3,129.00 2.10 -0.85
Sonova Holding AG Medical Equipment and Services 258.70 0.99 -0.30 Partners Group AG Investment Banking & Brokerage 946.40 1.54 -0.95
Alcon AG Medical Equipment and Services 64.56 2.16 -0.32 Sika Construction and Materials 220.40 2.45 -1.04
Nestle Food Producers 114.58 23.02 -0.36 Lonza Grp Ag N Pharmaceuticals & Biotechnology 523.40 2.82 -1.17
Novartis (REGD) Pharmaceuticals & Biotechnology 79.13 11.96 -0.38 Roche Hldgs (GENUS) Pharmaceuticals & Biotechnology 315.40 16.13 -2.30

FTSE Switzerland Index Performance % FTSE Switzerland Index Volatility %

140 60

130 50

120 40

110 30

5–173
100 20

90 10

80 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–173
FTSE All-World Review August 2022

Switzerland - Industry/Sector/Style Summary WORLD/DEVELOPED

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % CHF (mn) Wgt % Stocks Cont1M%
1.37 15.0 2.6 11.5 1.4 17.7 Technology 368.22 -3.24 -40.02 -49.15 564.95 -3.24 -39.80 -48.71 13,683 1.00 3 -0.03
1.25 21.5 13.3 14.2 6.5 59.6 Software and Computer Services 382.68 6.91 -36.39 -44.86 580.57 6.91 -35.72 -44.27 4,835 0.35 1 0.02
1.43 12.9 1.8 10.5 1.0 14.4 Technology Hardware & Equip. 324.32 -8.02 -41.86 -51.26 501.59 -8.02 -41.86 -50.89 8,848 0.64 2 -0.05
4.35 10.8 2.4 6.5 2.3 23.9 Telecommunications 513.72 -1.48 -1.63 -5.81 1631.63 -1.48 2.43 -1.92 12,862 0.94 1 -0.01
4.35 10.8 2.4 6.5 2.3 23.9 Telecommunications Service Prov. 1040.49 -1.48 -1.63 -5.81 1132.20 -1.48 2.43 -1.92 12,862 0.94 1 -0.01
2.79 12.3 4.5 14.4 4.2 38.8 Health Care 1050.71 -3.90 -15.13 -14.67 2303.12 -3.90 -12.90 -12.43 493,810 35.95 8 -1.43
0.73 31.8 2.9 24.0 4.8 9.3 Medical Equipment and Services 2369.10 -15.28 -28.95 -25.07 3613.95 -15.28 -28.45 -24.55 59,277 4.32 4 -0.75
3.07 11.4 4.9 13.6 4.1 44.8 Pharmaceuticals & Biotechnology 2278.14 -2.11 -12.83 -13.01 4723.36 -2.11 -10.28 -10.47 434,533 31.63 4 -0.68
4.17 12.6 1.2 2.2 1.0 9.5 Financials 126.35 0.41 -11.88 -10.76 366.30 0.41 -8.23 -7.07 207,921 15.14 10 0.06
3.98 21.1 2.2 8.4 7.3 10.5 Banks 59.91 5.03 31.21 19.56 159.60 5.03 37.35 25.16 2,613 0.19 1 0.01
2.49 12.8 0.9 1.3 1.5 7.1 Investment Banking & Brokerage 519.57 -3.49 -22.97 -23.67 1292.61 -3.49 -20.79 -21.50 92,941 6.77 4 -0.24
4.88 9.7 1.4 55.2 0.8 14.1 Life Insurance 203.25 1.91 -8.34 7.29 524.59 1.91 -4.32 11.99 15,915 1.16 1 0.02
5.67 12.8 1.6 3.7 0.8 12.7 Non-life Insurance 182.78 4.09 0.64 2.48 582.53 4.09 6.13 8.07 96,452 7.02 4 0.27
3.72 10.4 1.0 17.6 9.9 10.0 Real Estate 948.52 -2.54 -4.54 -12.21 1016.40 -2.54 -1.21 -9.14 11,149 0.81 2 -0.02
3.72 10.4 1.0 17.6 9.9 10.0 Real Estate Investment & Services 98.94 -2.54 -4.54 -12.21 284.23 -2.54 -1.21 -9.14 11,149 0.81 2 -0.02
1.89 21.1 2.3 11.4 2.6 10.4 Consumer Discretionary 1161.61 -3.89 -19.17 6.03 1189.18 -3.89 -18.87 8.30 64,917 4.73 3 -0.19
1.89 21.1 2.3 11.4 2.6 10.4 Personal Goods 4609.15 -3.89 -19.17 6.03 7876.63 -3.89 -18.87 8.30 64,917 4.73 3 -0.19
2.34 19.2 5.8 23.0 3.6 30.9 Consumer Staples 4190.55 -1.74 -10.52 -1.60 8431.83 -1.74 -8.56 0.55 346,499 25.22 5 -0.43
2.34 19.2 5.8 23.0 3.6 30.9 Food Producers 1393.50 -1.74 -10.52 -1.60 3245.95 -1.74 -8.56 0.55 346,499 25.22 5 -0.43
3.02 16.1 3.1 13.1 1.5 20.3 Industrials 249.60 -6.58 -28.73 -28.37 494.43 -6.58 -26.85 -26.49 182,874 13.31 15 -0.91
2.81 18.2 2.4 11.5 2.1 13.9 Construction and Materials 1011.66 -5.31 -32.94 -30.66 2077.46 -5.31 -31.34 -29.01 76,539 5.57 4 -0.30
2.96 12.6 4.0 18.0 2.2 32.0 Electronic and Electrical Equipment 922.38 -7.36 -27.03 -23.26 970.96 -7.36 -25.19 -21.32 49,538 3.61 2 -0.28
1.96 25.3 3.2 13.5 3.5 14.0 General Industrials 130.65 -7.11 -9.74 -18.05 168.63 -7.11 -7.92 -16.40 7,710 0.56 1 -0.04
2.22 20.1 3.7 14.2 1.5 20.5 Industrial Engineering 132.01 -7.89 -29.00 -38.02 271.09 -7.89 -27.63 -36.82 14,439 1.05 3 -0.09
4.65 15.1 3.6 11.0 0.6 25.0 Industrial Support Services 89.09 -6.91 -27.84 -26.61 194.09 -6.91 -25.05 -23.78 20,201 1.47 3 -0.11
3.47 16.4 5.1 12.5 1.0 33.3 Industrial Transportation 2298.05 -8.40 -19.10 -26.55 4801.12 -8.40 -16.63 -24.32 14,447 1.05 2 -0.09
1.92 26.3 6.2 23.6 3.6 24.8 Basic Materials 1554.32 -5.17 -32.06 -29.59 3041.11 -4.90 -30.93 -28.42 37,818 2.75 3 -0.15
1.92 26.3 6.2 23.6 3.6 24.8 Chemicals 1103.83 -5.17 -32.06 -29.59 2146.23 -4.90 -30.93 -28.42 37,818 2.75 3 -0.15
2.19 18.4 1.6 +ve 1.9 9.0 Utilities 1147.00 9.81 -0.00 11.68 1201.04 9.81 2.28 14.22 2,136 0.16 1 0.01
2.19 18.4 1.6 +ve 1.9 9.0 Electricity 1147.00 9.81 -0.00 11.68 1201.04 9.81 2.28 14.22 2,136 0.16 1 0.01
2.85 14.6 3.0 8.0 2.3 21.4 FTSE Switzerland 582.23 -3.08 -16.60 -13.54 1334.37 -3.07 -14.44 -11.25 1,373,669 100.00 51 -

5–174
August 2022 FTSE Russell

Switzerland - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% CHF (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Software and Computer Services
1.25 21.5 13.3 14.2 6.5 59.6 Dec 21 7147892 100.0 0.35 Temenos Group 80.18 CHF 72 84.2 4,835 100.0 6.9 -36.4 -44.9 207 16.3
1.25 21.5 13.3 14.2 6.5 59.6 4,835 6.9 -36.4 -44.9 - -
Technology Hardware & Equip.
0.00 13.4 0.6 2.9 0.4 4.6 Dec 21 BPF0548 20.0 0.13 AMS-OSRAM AG 7.18 CHF 261 94.2 1,767 100.0 -8.0 -56.7 -61.5 1,295 10.1
1.79 12.7 3.6 29.5 1.6 29.2 Mar 22 B18ZRK2 80.0 0.52 Logitech 48.86 CHF 165 87.7 7,081 100.0 -8.0 -36.4 -47.8 667 35.3
1.43 12.9 1.8 10.5 1.0 14.4 8,848 -8.0 -41.9 -51.3 - -
Telecommunications Service Prov.
4.35 10.8 2.4 6.5 2.3 23.9 Dec 21 5533976 100.0 0.94 Swisscom 506.20 CHF 52 49 12,862 0.0 -1.5 -1.6 -5.8 79 40.5
4.35 10.8 2.4 6.5 2.3 23.9 12,862 -1.5 -1.6 -5.8 - -
Medical Equipment and Services
0.31 35.8 1.8 25.7 4.2 5.2 Dec 21 BJT1GR5 50.1 2.16 Alcon AG 64.56 CHF 490 93.8 29,692 0.0 -13.3 -20.0 -14.4 733 49.6
1.70 22.6 6.7 17.5 4.8 27.6 Mar 22 7156036 22.9 0.99 Sonova Holding AG 258.70 CHF 62 84.1 13,563 100.0 -24.1 -27.7 -26.7 164 47.6
0.63 40.8 11.5 30.5 8.5 31.1 Dec 21 BQ7ZV06 19.3 0.83 Straumann Hld N 107.70 CHF 159 66.9 11,467 100.0 -15.7 -44.4 -39.2 284 33.9
0.78 29.4 3.7 27.7 4.8 15.9 Dec 21 7110902 7.7 0.33 Tecan Group 361.00 CHF 13 99.2 4,554 0.0 7.3 -35.0 -35.4 26 9.1
0.73 31.8 2.9 24.0 4.8 9.3 59,277 -15.3 -28.9 -25.1 - -
Pharmaceuticals & Biotechnology
0.29 40.7 4.0 31.8 7.2 11.5 Dec 21 7333378 8.9 2.82 Lonza Grp Ag N 523.40 CHF 74 99.6 38,702 100.0 -9.2 -31.3 -32.5 113 62.7
3.92 6.9 2.8 12.7 3.6 45.7 Dec 21 7103065 37.8 11.96 Novartis (REGD) 79.13 CHF 2,213 93.8 164,297 12.2 -3.2 -1.4 -6.7 3,061 247.9

Country Details
2.49 13.4 8.5 10.1 3.3 50.9 Dec 21 7108918 2.3 0.72 Roche Hldgs (BR) 374.20 CHF 107 24.9 9,946 100.0 -3.4 -8.5 -8.7 31 11.9
2.95 17.6 11.1 13.3 4.3 50.9 Dec 21 7110388 51.0 16.13 Roche Hldgs (GENUS) 315.40 CHF 703 100 221,588 100.0 0.0 -16.8 -14.2 724 229.6
3.07 11.4 4.9 13.6 4.1 44.8 434,533 -2.1 -12.8 -13.0 - -
Banks
3.98 21.1 2.2 8.4 7.3 10.5 Dec 21 BMFY8R3 100.0 0.19 BC Vaud N 92.90 CHF 86 32.7 2,613 0.0 5.0 31.2 19.6 75 6.8
3.98 21.1 2.2 8.4 7.3 10.5 2,613 5.0 31.2 19.6 - -
Investment Banking & Brokerage
1.98 -7.9 0.3 0.4 0.5 -3.8 Dec 21 7171589 13.9 0.94 Credit Suisse Group 5.06 CHF 2,556 99.9 12,926 0.0 -8.7 -43.0 -47.9 7,712 40.2
5.48 8.4 1.5 32.1 2.4 18.6 Dec 21 B4R2R50 11.0 0.74 Julius Baer Group 47.45 CHF 217 99.2 10,199 0.0 -3.2 -22.4 -24.2 384 18.9
3.49 16.8 8.6 35.9 9.5 57.3 Dec 21 B119QG0 22.8 1.54 Partners Group AG 946.40 CHF 26 84.9 21,205 100.0 -8.4 -37.4 -41.7 40 40.1
1.57 7.6 0.9 1.5 1.7 12.7 Dec 21 BRJL176 52.3 3.54 UBS Group AG 15.53 CHF 3,349 93.4 48,611 0.0 0.3 -5.4 1.6 5,390 84.3
2.49 12.8 0.9 1.3 1.5 7.1 92,941 -3.5 -23.0 -23.7 - -
Life Insurance
4.88 9.7 1.4 55.2 0.8 14.1 Dec 21 7437805 100.0 1.16 Swiss Life 512.40 CHF 31 99.8 15,915 0.0 1.9 -8.3 7.3 68 34.9
4.88 9.7 1.4 55.2 0.8 14.1 15,915 1.9 -8.3 7.3 - -
Non-life Insurance
4.95 9.9 0.9 2.3 0.6 9.3 Dec 21 7124594 6.6 0.46 Baloise 141.40 CHF 45 99.5 6,352 0.0 -6.5 -5.2 -3.2 80 11.9
5.09 9.5 1.0 8.4 0.5 10.9 Dec 21 BK6QWF0 3.9 0.27 Helvetia Holding AG 108.10 CHF 53 65.7 3,756 0.0 -0.5 0.7 3.1 55 6.0
7.74 16.7 1.2 5.9 0.5 6.9 Dec 21 B545MG5 22.8 1.60 Swiss Re 76.18 CHF 289 99.8 21,976 0.0 6.8 -15.6 -9.6 604 44.9
5.07 12.4 2.1 3.3 1.0 17.3 Dec 21 5983816 66.7 4.69 Zurich Insurance Gro 434.10 CHF 148 99.9 64,367 0.0 4.6 8.4 8.0 217 93.4
5.67 12.8 1.6 3.7 0.8 12.7 96,452 4.1 0.6 2.5 - -
Real Estate Investment & Services

5–175
3.38 8.5 1.0 17.1 13.1 12.4 Dec 21 B012877 42.7 0.35 PSP Swiss Property 110.80 CHF 46 93.7 4,762 0.0 -2.5 -2.6 -9.8 63 7.1
3.97 12.5 1.0 18.1 8.4 8.3 Dec 21 B083BH4 57.3 0.46 Swiss Prime Site 84.30 CHF 77 98.7 6,387 0.0 -2.6 -6.0 -13.9 96 8.3
3.72 10.4 1.0 17.6 9.9 10.0 11,149 -2.5 -4.5 -12.2 - -
Personal Goods
1.82 22.6 2.9 11.8 2.9 12.9 Mar 22 BCRWZ18 86.4 4.08 Compagnie Financiere 109.85 CHF 514 99.4 56,081 100.0 -3.6 -19.8 8.8 754 85.0
2.31 15.2 1.1 9.5 1.7 7.2 Dec 21 7184725 10.6 0.50 Swatch Group AG BR 238.30 CHF 29 99.6 6,860 0.0 -5.7 -14.6 -7.7 80 19.6
2.46 14.1 1.0 8.8 1.6 7.2 Dec 21 7184736 3.0 0.14 Swatch Grp AG Reg. 44.66 CHF 115 38.6 1,975 0.0 -5.7 -16.4 -11.3 49 2.2
1.89 21.1 2.3 11.4 2.6 10.4 64,917 -3.9 -19.2 6.0 - -
Food Producers
1.40 25.7 4.1 17.7 1.5 17.0 Aug 21 5476929 2.1 0.52 Barry Callebaut 2,004.00 CHF 6 64.9 7,133 100.0 -4.8 -9.6 -14.1 5 9.6
1.62 20.4 4.3 17.7 1.2 20.5 Dec 21 B03PQZ8 0.5 0.12 Emmi 862.00 CHF 5 36 1,662 0.0 -8.8 -19.9 -18.4 3 2.8
1.16 47.3 4.7 29.4 5.3 10.5 Dec 21 5962280 3.1 0.77 Lindt & Spruengli-PC 10,340.00 CHF 1 100 10,634 100.0 -1.5 -18.1 -4.0 1 12.2
1.13 49.7 4.9 30.9 5.6 10.5 Dec 21 5962309 3.1 0.79 Lindt & Spruengli-Re 106,500.00 CHF 0.1 75.7 10,876 100.0 -2.8 -12.8 -4.8 0.1 7.0
2.44 18.3 6.0 22.8 3.6 35.0 Dec 21 7123870 91.3 23.02 Nestle 114.58 CHF 2,760 100 316,194 60.9 -1.6 -10.1 -1.0 2,154 249.5
2.34 19.2 5.8 23.0 3.6 30.9 346,499 -1.7 -10.5 -1.6 - -
Construction and Materials
2.28 37.4 8.9 30.0 6.0 24.4 Dec 21 BP0QDP8 4.5 0.25 Belimo Holding N 372.00 CHF 12 75 3,433 0.0 -4.2 -35.9 -22.1 10 3.9
2.76 20.4 8.0 16.0 4.6 39.8 Dec 21 B1WGG93 20.5 1.14 Geberit N 452.90 CHF 35 98.6 15,708 100.0 -9.2 -39.2 -40.8 105 50.5
5.05 10.9 1.0 5.3 1.0 9.1 Dec 21 7110753 31.0 1.73 Holcim 43.54 CHF 608 89.5 23,719 0.0 -2.0 -6.4 -16.6 1,216 54.4
1.32 29.0 7.7 31.7 3.6 30.3 Dec 21 BF2DSG3 44.0 2.45 Sika 220.40 CHF 153 99.8 33,679 100.0 -5.8 -42.0 -33.2 280 65.9
2.81 18.2 2.4 11.5 2.1 13.9 76,539 -5.3 -32.9 -30.7 - -
Electronic and Electrical Equipment
3.04 11.7 3.7 17.1 2.0 31.7 Dec 21 7108899 87.9 3.17 ABB 26.97 CHF 1,929 83.6 43,523 0.0 -6.3 -22.7 -20.5 2,420 68.1

5–175
FTSE All-World Review August 2022

Switzerland - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% CHF (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Electronic and Electrical Equipment
2.34 29.9 11.1 29.8 7.8 39.6 Dec 21 BYZWMR9 12.1 0.44 VAT Group AG 234.60 CHF 30 85.5 6,015 0.0 -14.6 -48.4 -38.8 67 17.6
2.96 12.6 4.0 18.0 2.2 32.0 49,538 -7.4 -27.0 -23.3 - -
General Industrials
1.96 25.3 3.2 13.5 3.5 14.0 Dec 21 BD5GN60 100.0 0.56 SIG Group AG 22.98 CHF 338 99.4 7,710 0.0 -7.1 -9.7 -18.0 1,637 38.7
1.96 25.3 3.2 13.5 3.5 14.0 7,710 -7.1 -9.7 -18.0 - -
Industrial Engineering
1.88 19.7 3.0 15.0 1.2 15.6 Dec 21 BM8J5G3 30.2 0.32 Fischer (Georg) 53.20 CHF 82 100 4,353 0.0 -8.0 -23.2 -29.2 99 5.6
2.34 20.6 4.3 14.0 1.6 21.8 Dec 21 B11TCY0 48.1 0.51 Schindler Holding C 170.70 CHF 41 100 6,947 100.0 -7.7 -30.5 -42.3 78 13.8
2.42 19.9 4.1 13.5 1.6 21.8 Dec 21 B11WWH2 21.7 0.23 Schindler Holding R 165.20 CHF 67 28.3 3,139 100.0 -8.0 -32.4 -42.2 18 3.0
2.22 20.1 3.7 14.2 1.5 20.5 14,439 -7.9 -29.0 -38.0 - -
Industrial Support Services
8.05 7.3 1.3 6.6 0.2 19.1 Dec 21 7110720 24.4 0.36 Adecco Group AG 31.05 CHF 167 95 4,921 0.0 -7.1 -33.4 -39.1 468 15.0
2.82 19.7 2.6 12.0 0.4 13.6 Dec 21 B71QPM2 12.8 0.19 DKSH Holding 72.75 CHF 65 54.8 2,593 0.0 -6.7 -3.4 2.0 45 3.4
3.71 23.8 14.5 14.4 2.5 62.3 Dec 21 4824778 62.8 0.92 Sgs SA (Reg) 2,156.00 CHF 8 78.5 12,686 100.0 -6.9 -29.2 -25.1 13 28.9
4.65 15.1 3.6 11.0 0.6 25.0 20,201 -6.9 -27.8 -26.6 - -
Industrial Transportation
0.00 +ve 2.1 23.2 7.4 0.4 Dec 21 BYQ8481 21.6 0.23 Flughafen Zurich 165.00 CHF 31 61.6 3,122 0.0 4.6 0.5 8.4 31 5.0
4.42 13.0 8.4 11.0 0.8 74.4 Dec 21 B142S60 78.4 0.82 Kuehne & Nagel Int 226.00 CHF 120 41.8 11,325 0.0 -11.4 -23.2 -32.6 105 25.2
3.47 16.4 5.1 12.5 1.0 33.3 14,447 -8.4 -19.1 -26.6 - -
Chemicals
0.00 15.4 2.5 18.6 1.4 16.8 Dec 21 7113990 10.8 0.30 Clariant 18.11 CHF 330 68.5 4,088 0.0 1.8 -4.7 -6.1 440 8.0
2.40 29.2 9.0 31.0 7.1 32.5 Dec 21 7635610 12.9 0.36 Ems Chemie I 688.50 CHF 23 30.2 4,878 100.0 -7.9 -32.2 -30.2 11 8.0
2.11 28.7 7.3 23.6 4.3 27.1 Dec 21 5980613 76.3 2.10 Givaudan N 3,129.00 CHF 9 100 28,852 100.0 -5.6 -34.7 -31.9 19 60.9
1.92 26.3 6.2 23.6 3.6 24.8 37,818 -5.2 -32.1 -29.6 - -
Electricity
2.19 18.4 1.6 +ve 1.9 9.0 Dec 21 B76D410 100.0 0.16 BKW AG 118.60 CHF 53 34.1 2,136 0.0 9.8 0.0 11.7 30 3.4
2.19 18.4 1.6 +ve 1.9 9.0 2,136 9.8 0.0 11.7 - -
FTSE Switzerland
2.85 14.6 3.0 8.0 2.3 21.4 1,373,669 -3.1 -16.6 -13.5 - -

5–176
August 2022 FTSE Russell

Taiwan - Overview WORLD/EMERGING

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Oneness Biotech Pharmaceuticals & Biotechnology 296.00 57.03 E Ink Holdings Technology Hardware & Equip. 239.50 205.87
AU Optronics Technology Hardware & Equip. 16.75 25.47 EVA Airways Travel and Leisure 33.75 75.78
E Ink Holdings Technology Hardware & Equip. 239.50 22.51 HTC Corporation Telecommunications Equipment 62.30 75.25
Voltronic Power Tech Technology Hardware & Equip. 1,735.00 18.84 Oneness Biotech Pharmaceuticals & Biotechnology 296.00 53.37
Sino-American Silico Technology Hardware & Equip. 167.50 17.54 Walsin Lihwa Electronic and Electrical Equipment 39.70 49.69

Yulon Motor Co. Automobiles and Parts 41.25 -9.84 Vanguard Intnl Semic Technology Hardware & Equip. 74.40 -49.73
Momo.com Retailers 730.00 -10.65 Parade Technologies Technology Hardware & Equip. 863.00 -50.69
Yang Ming Marine Tra Industrial Transportation 78.90 -11.94 Taiwan Glass Industr General Industrials 17.60 -51.18
Wan Hai Lines Industrial Transportation 86.80 -18.88 ASMedia Technology Technology Hardware & Equip. 935.00 -54.94
Parade Technologies Technology Hardware & Equip. 863.00 -23.29 Wan Hai Lines Industrial Transportation 86.80 -55.73

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
E Ink Holdings Technology Hardware & Equip. 239.50 0.71 0.13 E Ink Holdings Technology Hardware & Equip. 239.50 0.71 0.24
Oneness Biotech Pharmaceuticals & Biotechnology 296.00 0.30 0.11 Taiwan Cooperative F Banks 27.65 0.93 0.19
AU Optronics Technology Hardware & Equip. 16.75 0.49 0.10 E.Sun Financial Hold Banks 28.20 1.28 0.13

Country Details
Walsin Lihwa Electronic and Electrical Equipment 39.70 0.45 0.07 Mega Financial Hldg Banks 35.90 1.34 0.13
Accton Technology Telecommunications Equipment 283.50 0.50 0.06 First Financial Hold Banks 26.55 0.93 0.12

Asustek Computer Inc Technology Hardware & Equip. 255.00 0.60 -0.06 Fubon Financial Hold Life Insurance 57.40 1.35 -0.39
Chailease Holding Finance and Credit Services 197.00 0.92 -0.07 ASE Technology Holdi Technology Hardware & Equip. 85.40 0.97 -0.42
Uni-president Enterp Food Producers 66.00 1.06 -0.07 Utd Microelectronics Technology Hardware & Equip. 41.10 1.61 -0.73
MediaTek Technology Hardware & Equip. 667.00 3.32 -0.08 MediaTek Technology Hardware & Equip. 667.00 3.32 -0.98
Taiwan Semiconductor Technology Hardware & Equip. 505.00 40.62 -0.32 Taiwan Semiconductor Technology Hardware & Equip. 505.00 40.62 -7.49

FTSE Taiwan Index Performance % FTSE Taiwan Index Volatility %

250 60

50
200
40

150 30

5–177
20
100
10

50 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–177
FTSE All-World Review August 2022

Taiwan - Industry/Sector/Style Summary WORLD/EMERGING

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % TWD (mn) Wgt % Stocks Cont1M%
3.76 14.1 3.0 11.5 1.3 22.5 Technology 125.62 -0.01 -21.23 -18.18 319.33 0.16 -18.82 -15.13 19,715,425 66.08 48 -0.01
3.76 14.1 3.0 11.5 1.3 22.5 Technology Hardware & Equip. 125.62 -0.01 -21.23 -18.18 319.33 0.16 -18.82 -15.13 19,715,425 66.08 48 -0.01
3.52 25.1 3.3 14.3 3.4 13.1 Telecommunications 78.66 1.13 3.14 8.49 313.57 1.47 6.75 12.28 946,839 3.17 5 0.04
1.63 +ve 5.1 -75.6 3.2 4.6 Telecommunications Equipment 1175.74 9.41 -1.84 11.94 1217.34 11.38 -0.07 13.95 195,717 0.66 2 0.06
4.01 20.9 3.0 10.9 3.4 14.4 Telecommunications Service Prov. 82.74 -0.83 4.60 7.67 348.86 -0.83 8.58 11.77 751,122 2.52 3 -0.02
0.00 -81.3 8.0 -ve +ve -9.6 Health Care 15.27 47.22 -1.85 39.03 24.74 47.22 -1.85 39.03 102,243 0.34 2 0.11
0.00 -81.3 8.0 -ve +ve -9.6 Pharmaceuticals & Biotechnology 15.27 47.22 -1.85 39.03 24.74 47.22 -1.85 39.03 102,243 0.34 2 0.11
4.64 9.2 1.2 15.2 1.8 13.2 Financials 129.00 1.73 -8.70 -2.90 337.69 3.17 -4.35 1.94 4,375,888 14.67 19 0.25
3.64 14.3 1.4 33.3 3.3 9.8 Banks 204.43 2.66 3.63 12.09 493.38 5.02 7.55 16.79 2,730,757 9.15 12 0.24
2.90 13.9 2.8 9.3 4.2 21.4 Finance and Credit Services 114.59 -6.86 -21.50 -22.38 302.46 -6.86 -19.34 -20.25 274,426 0.92 1 -0.07
7.63 6.6 0.9 4.0 1.1 14.6 Investment Banking & Brokerage 106.19 4.26 -20.87 -12.96 300.38 4.26 -14.87 -6.36 482,175 1.62 3 0.07
6.62 4.6 0.8 16.2 0.8 18.1 Life Insurance 88.31 0.51 -25.94 -23.17 228.64 0.51 -21.02 -18.06 888,530 2.98 3 0.02

3.17 8.2 1.1 21.9 4.9 14.1 Real Estate 864.38 15.15 892.04 18.83 98,868 0.33 1 0.04
3.17 8.2 1.1 21.9 4.9 14.1 Real Estate Investment & Services 864.38 15.15 892.04 18.83 98,868 0.33 1 0.04
3.55 14.9 1.9 13.3 1.3 13.4 Consumer Discretionary 143.75 -1.33 -15.93 -12.95 356.02 -0.34 -12.63 -9.53 950,627 3.19 13 -0.04
4.45 13.1 1.1 36.8 0.9 8.4 Automobiles and Parts 78.30 -3.48 -6.15 -7.15 204.83 -2.50 -2.01 -3.05 104,405 0.35 4 -0.01
3.89 15.0 4.7 13.7 2.9 33.6 Household Goods & Home Constr. 699.63 -1.22 -31.39 -31.64 745.40 -1.22 -28.61 -28.87 38,975 0.13 1 0.00
4.06 14.2 2.1 22.6 2.7 14.9 Leisure Goods 155.82 -5.29 -23.55 -27.44 362.53 -2.94 -19.84 -23.92 271,748 0.91 2 -0.05
3.79 9.7 1.1 10.3 0.6 11.9 Personal Goods 80.83 5.56 -19.60 -16.36 242.05 5.56 -16.48 -13.12 152,736 0.51 2 0.03
2.95 22.8 5.2 -ve 1.6 24.3 Retailers 229.54 -0.68 -12.74 -11.46 541.23 -0.68 -10.14 -8.83 236,043 0.79 2 -0.01
2.58 18.6 1.9 3.8 1.3 11.5 Travel and Leisure 80.20 0.14 0.68 53.57 146.76 1.22 3.45 57.80 146,721 0.49 2 0.00
3.85 20.7 4.0 7.0 0.9 19.4 Consumer Staples 147.35 -5.95 -3.22 -7.90 386.56 -2.34 0.48 -0.79 466,554 1.56 2 -0.10
4.09 18.0 3.2 6.7 0.8 18.0 Food Producers 488.92 -6.25 -3.79 -8.71 1353.52 -2.40 0.16 -1.21 316,211 1.06 1 -0.07
3.36 29.8 8.2 7.7 1.1 26.6 Personal Care, Drug & Grocery St. 334.81 -5.30 -2.01 -6.13 908.75 -2.21 1.19 0.16 150,343 0.50 1 -0.03
9.02 4.9 1.4 4.4 1.6 34.5 Industrials 150.04 -2.06 -19.83 -19.78 397.76 -2.06 -12.76 -12.67 1,758,731 5.89 15 -0.12
4.04 11.7 1.2 13.4 2.2 10.2 Construction and Materials 176.36 2.31 -7.77 -8.75 533.53 2.31 -3.85 -4.88 339,377 1.14 2 0.03
3.87 11.9 1.3 29.1 1.2 12.4 Electronic and Electrical Equipment 152.18 8.04 16.07 16.98 379.70 8.04 20.70 21.64 243,326 0.82 4 0.06
9.08 7.6 1.4 9.4 2.0 20.0 General Industrials 937.03 -0.97 -14.12 -15.31 1038.43 -0.97 -6.94 -8.23 471,785 1.58 2 -0.02
0.66 23.4 3.6 16.1 4.4 17.3 Industrial Engineering 163.40 -0.63 -23.53 -14.52 350.94 -0.63 -23.09 -14.02 187,789 0.63 2 0.00
17.70 2.2 1.4 1.7 1.0 +ve Industrial Transportation 270.55 -9.95 -36.81 -38.73 850.38 -9.95 -26.00 -28.15 516,454 1.73 5 -0.19
8.41 8.4 1.2 7.7 1.1 15.5 Basic Materials 180.21 3.02 -16.15 -18.56 685.68 3.18 -8.97 -11.59 1,304,888 4.37 8 0.13
3.79 14.2 1.2 8.1 1.1 8.5 Industrial Materials 1029.74 8.12 -9.22 -5.85 1105.51 8.12 -5.55 -2.04 245,023 0.82 3 0.06
10.71 7.3 1.3 6.2 1.0 19.4 Industrial Metals and Mining 166.02 4.51 -18.10 -24.12 719.30 4.51 -9.10 -15.77 356,812 1.20 1 0.05
8.86 7.9 1.2 8.6 1.3 16.4 Chemicals 187.42 0.64 -17.34 -19.35 698.43 0.93 -10.42 -12.60 703,053 2.36 4 0.01
4.53 16.2 2.2 21.2 1.3 14.8 Energy 76.94 -0.83 -12.62 -14.31 206.01 -0.83 -8.96 -10.73 114,313 0.38 1 0.00
4.53 16.2 2.2 21.2 1.3 14.8 Oil Gas and Coal 76.94 -0.83 -12.62 -14.31 206.01 -0.83 -8.96 -10.73 114,313 0.38 1 0.00
4.38 11.8 2.2 10.7 1.4 19.6 FTSE Taiwan 124.86 0.29 -18.15 -15.20 339.14 0.74 -14.89 -11.36 29,834,376 100.00 114 -

5–178
August 2022 FTSE Russell

Taiwan - Constituent Report WORLD/EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% TWD (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Technology Hardware & Equip.
10.36 6.0 1.1 10.1 0.2 18.0 Dec 21 6005850 0.3 0.21 Acer 22.00 TWD 3,048 93.2 62,500 0.0 -2.7 -27.8 -12.7 12,931 286.1
2.44 29.8 6.7 27.3 4.3 23.6 Dec 21 6202673 0.7 0.45 Advantech 327.50 TWD 775 53.3 135,188 100.0 -4.4 -17.4 -15.2 740 252.1
8.19 5.5 1.4 4.6 0.7 28.4 Dec 21 BFXZDY1 1.5 0.97 ASE Technology Holdi 85.40 TWD 4,358 78 290,523 25.0 -1.2 -19.8 -33.5 8,174 714.2
2.78 19.8 4.0 42.8 10.8 21.5 Dec 21 B6ZZQ69 0.2 0.12 ASMedia Technology 935.00 TWD 69 55.9 36,205 0.0 -3.9 -48.6 -54.9 749 717.1
1.56 53.5 21.7 45.3 21.1 43.9 Dec 21 B80VKP3 0.3 0.21 ASPEED Technology 2,035.00 TWD 38 80.3 61,823 0.0 5.7 -37.2 -4.7 721 1,357.5
16.47 4.2 0.8 5.2 0.4 20.7 Dec 21 6051046 0.9 0.60 Asustek Computer Inc 255.00 TWD 743 94.8 179,744 0.0 -9.4 -32.2 -21.3 3,896 1,028.7
5.97 2.6 0.7 1.5 0.4 29.7 Dec 21 6288190 0.7 0.49 AU Optronics 16.75 TWD 9,624 91.3 147,326 0.0 25.5 -26.9 -4.8 59,223 922.3
6.47 16.4 0.9 14.4 3.4 5.6 Dec 21 6186669 0.7 0.45 Catcher Technology 185.50 TWD 762 95.7 135,304 0.0 8.8 18.5 11.1 3,236 578.2
7.48 9.8 2.0 13.9 0.6 21.4 Dec 21 6140579 0.2 0.17 Chicony Electronics 81.60 TWD 745 81 49,261 0.0 3.0 -0.9 3.9 1,587 130.2
8.79 7.6 0.9 -4.2 0.1 12.1 Dec 21 6225744 0.5 0.31 Compal Electronics 22.75 TWD 4,407 93.2 93,475 0.0 -0.2 -6.0 -0.7 11,580 264.6
2.09 22.4 4.4 24.1 2.2 20.3 Dec 21 6260734 2.9 1.90 Delta Electronics 263.00 TWD 2,598 83.1 567,838 50.0 1.9 -4.4 -2.8 6,259 1,667.1
1.34 48.5 7.8 52.3 13.9 17.1 Dec 21 6744283 1.1 0.71 E Ink Holdings 239.50 TWD 1,140 78 213,039 0.0 22.5 58.6 205.9 22,065 4,853.7
1.01 94.1 42.6 78.2 44.6 50.1 Dec 21 B2PXYH2 0.5 0.32 eMemory Technology 1,385.00 TWD 76 91 95,946 0.0 16.9 -36.8 -15.0 1,461 1,910.6
3.88 14.7 0.7 8.1 1.0 5.4 Dec 21 BK80TL5 0.2 0.11 ENNOSTAR 51.60 TWD 685 93.2 32,964 0.0 4.3 -32.7 -33.2 3,901 195.7
1.21 50.2 3.4 18.8 5.8 6.9 Dec 21 B1HKJZ7 0.1 0.04 Formosa Sumco Techno 183.00 TWD 388 15.9 11,315 0.0 6.4 -36.9 -1.6 4,673 828.5
3.36 15.5 0.6 11.0 0.7 4.2 Dec 21 6801779 0.3 0.19 Foxconn Technology 50.60 TWD 1,415 77.9 55,805 0.0 2.7 -22.0 -23.7 2,430 121.5
1.78 21.8 3.0 13.2 3.0 14.1 Dec 21 B059SR4 0.2 0.13 Genius Electronic Op 449.00 TWD 113 74.5 37,716 0.0 13.8 -15.1 -7.1 4,196 1,742.5
3.29 17.6 4.7 7.2 3.5 26.9 Dec 21 BS7JP33 0.5 0.35 GlobalWafers 486.00 TWD 437 48.4 103,062 100.0 7.0 -45.3 -44.1 2,215 1,069.1
4.77 10.6 1.1 -22.8 0.3 10.7 Dec 21 6438564 6.6 4.36 Hon Hai Precision In 109.00 TWD 13,863 86 1,299,970 0.0 0.0 4.8 -1.8 29,372 3,234.9

Country Details
8.72 2.2 0.4 1.2 0.4 21.4 Dec 21 B0CC0M5 0.6 0.37 Innolux 12.10 TWD 10,560 86.4 110,446 0.0 17.5 -38.3 -29.9 68,094 791.9
6.05 11.2 1.5 -6.6 0.2 12.9 Dec 21 6459930 0.4 0.23 Inventec Co. 23.15 TWD 3,588 84.4 70,103 0.0 -2.3 -7.2 -4.7 7,507 178.8
6.08 11.0 2.1 12.7 0.9 19.3 Dec 21 6519481 0.7 0.47 Lite-On Technology 65.80 TWD 2,351 90.4 139,853 0.0 0.8 3.1 7.5 6,379 424.2
10.94 9.2 2.5 22.6 2.2 29.0 Dec 21 6372480 5.0 3.32 MediaTek 667.00 TWD 1,599 92.9 991,788 50.0 -2.3 -43.9 -26.0 5,060 3,466.0
9.13 5.7 2.1 7.7 0.5 41.0 Dec 21 6133450 0.4 0.26 Micro-Star Internati 115.00 TWD 845 81 78,698 0.0 -2.5 -28.3 -11.9 4,691 552.2
3.70 16.5 4.3 11.0 3.3 29.1 Dec 21 B118753 0.3 0.19 Nan Ya Printed Circu 270.50 TWD 646 32.4 56,789 0.0 12.5 -52.7 -35.8 12,568 3,343.9
6.93 7.2 1.0 3.7 1.9 14.1 Dec 21 6283601 0.2 0.15 Nanya Technology 53.40 TWD 3,097 26.4 43,668 50.0 2.1 -31.6 -19.6 5,573 294.2
19.54 4.1 2.3 3.8 1.2 70.8 Dec 21 6346333 0.8 0.51 Novatek Microelectro 263.50 TWD 609 94 150,722 25.0 -0.6 -51.1 -41.3 5,139 1,329.0
3.76 12.3 4.8 10.6 3.5 41.9 Dec 21 B6RV676 0.3 0.20 Parade Technologies 863.00 TWD 81 86 60,262 0.0 -23.3 -59.2 -50.7 1,082 996.9
7.86 8.2 1.0 2.7 0.1 12.6 Dec 21 B4PLX17 0.7 0.44 Pegatron 63.60 TWD 2,669 76.6 130,039 0.0 2.3 -8.0 -1.9 4,516 285.6
7.96 7.4 1.3 2.7 0.8 18.7 Dec 21 6599676 0.3 0.20 Powertech Technology 85.40 TWD 779 90.3 60,145 0.0 0.0 -12.6 -24.1 1,601 137.9
8.32 9.0 1.9 -12.9 0.3 22.2 Dec 21 6141011 1.1 0.71 Quanta Computer 79.30 TWD 3,863 68.8 210,861 0.0 -6.3 -16.3 1.1 7,280 574.4
4.05 9.8 4.6 9.7 1.7 53.1 Dec 21 6051422 0.8 0.55 Realtek Semiconducto 346.00 TWD 513 92.6 164,461 100.0 1.2 -40.3 -37.5 2,472 860.5
0.84 34.1 8.5 31.1 9.4 28.3 Dec 21 BH4DMW9 0.7 0.45 Silergy 533.00 TWD 379 66 133,301 0.0 -4.1 -57.6 -46.4 2,985 1,714.9
4.78 14.0 3.4 3.1 1.4 24.8 Dec 21 6335278 0.5 0.30 Sino-American Silico 167.50 TWD 586 90.7 89,111 0.0 17.5 -29.0 -13.2 5,672 902.1
8.96 5.4 1.5 -9.4 0.2 29.3 Dec 21 6868439 0.4 0.25 Synnex Technology In 55.80 TWD 1,668 81.1 75,527 0.0 0.9 -15.7 3.7 3,534 196.5
2.18 21.7 6.0 11.7 8.2 30.1 Dec 21 6889106 61.5 40.62 Taiwan Semiconductor 505.00 TWD 25,932 92.5 12,119,925 100.0 -0.8 -17.9 -17.8 24,575 12,492.9
9.06 11.2 1.4 11.6 2.0 13.2 Dec 21 6350497 0.1 0.06 Transcend Informatio 66.20 TWD 429 65.2 18,519 0.0 3.8 -9.4 -4.6 322 21.0
2.24 16.6 3.7 5.2 2.1 24.7 Dec 21 6137720 1.0 0.64 Unimicron Technology 151.50 TWD 1,475 85.2 190,513 0.0 -4.4 -34.4 2.7 31,751 4,911.1
7.30 8.7 1.8 5.7 2.4 22.7 Dec 21 6916628 2.4 1.61 Utd Microelectronics 41.10 TWD 12,482 93.7 480,901 0.0 2.4 -36.8 -34.9 61,341 2,537.2
6.05 10.2 3.5 5.7 2.8 36.8 Dec 21 6109677 0.3 0.22 Vanguard Intnl Semic 74.40 TWD 1,639 55 67,067 50.0 3.3 -52.9 -49.7 7,664 564.6
1.36 63.8 26.5 65.8 8.9 43.0 Dec 21 B96HCH8 0.6 0.38 Voltronic Power Tech 1,735.00 TWD 87 74.4 112,680 0.0 18.8 12.3 39.9 200 337.6
4.85 5.6 1.0 4.0 1.1 19.3 Dec 21 6089694 0.2 0.15 Walsin Technology 93.00 TWD 486 100 45,180 100.0 -8.4 -44.3 -48.5 1,342 125.8

5–179
4.48 13.5 2.2 9.4 2.9 16.2 Dec 21 B56LHP5 0.4 0.24 Win Semiconductors 178.50 TWD 424 95 71,896 0.0 12.3 -52.3 -46.0 3,204 538.2
4.50 6.4 1.1 2.9 0.9 18.7 Dec 21 6966515 0.3 0.22 Winbond Electronics 22.20 TWD 3,980 73.8 65,286 0.0 -4.1 -34.7 -24.7 15,172 334.7
7.94 7.4 1.0 -3.7 0.1 14.5 Dec 21 6672481 0.4 0.27 Wistron Corp 27.70 TWD 2,903 98.3 79,093 0.0 4.5 -5.0 1.1 8,527 236.8
3.25 15.5 4.9 -9.5 0.7 33.5 Dec 21 BF4QXG5 0.3 0.22 Wiwynn 770.00 TWD 175 49.5 66,748 0.0 4.6 -30.9 -20.6 658 484.0
3.08 6.9 2.1 6.9 1.5 31.6 Dec 21 6984380 0.8 0.51 Yageo 328.50 TWD 496 92.6 150,955 50.0 -3.9 -31.5 -31.5 2,380 774.6
4.39 10.8 1.3 7.7 0.7 12.3 Dec 21 B734XQ4 0.4 0.24 Zhen Ding Technology 114.00 TWD 947 66.5 71,884 0.0 0.9 13.4 14.8 4,614 532.7
3.76 14.1 3.0 11.5 1.3 22.5 19,715,425 0.0 -21.2 -18.2 - -
Telecommunications Equipment
2.12 33.4 10.2 +ve 2.7 31.6 Dec 21 6005214 77.0 0.50 Accton Technology 283.50 TWD 560 94.9 150,658 0.0 14.3 9.0 1.1 4,508 1,236.5
0.00 -16.7 1.9 -11.5 9.8 -10.7 Dec 21 6510536 23.0 0.15 HTC Corporation 62.30 TWD 825 87.7 45,059 0.0 -4.3 -26.5 75.2 64,583 4,016.0
1.63 +ve 5.1 -75.6 3.2 4.6 195,717 9.4 -1.8 11.9 - -
Telecommunications Service Prov.
3.81 22.2 2.5 12.4 4.5 11.2 Dec 21 6287841 61.2 1.54 Chunghwa Telecom 121.00 TWD 7,757 49 459,939 0.0 -0.4 3.9 8.0 7,528 923.3
4.34 15.9 3.7 6.9 2.9 23.1 Dec 21 6421854 15.9 0.40 Far EasTone Telecom 74.80 TWD 3,259 49 119,431 0.0 -0.9 15.8 21.4 4,175 315.8
4.32 22.2 5.3 11.8 2.2 24.1 Dec 21 6290496 22.9 0.58 Taiwan Mobile 99.60 TWD 3,519 49 171,753 75.0 -1.9 -0.4 -1.4 3,664 369.7
4.01 20.9 3.0 10.9 3.4 14.4 751,122 -0.8 4.6 7.7 - -
Pharmaceuticals & Biotechnology
0.00 -13.6 7.4 -18.8 +ve -42.4 Dec 21 B8N9QP6 13.7 0.05 OBI Pharma 87.40 TWD 229 70 14,027 25.0 5.7 -22.6 -13.0 745 62.0

5–179
FTSE All-World Review August 2022

Taiwan - Constituent Report WORLD/EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% TWD (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Pharmaceuticals & Biotechnology
0.00 -ve 8.1 -ve +ve -2.1 Dec 21 B606XG6 86.3 0.30 Oneness Biotech 296.00 TWD 385 77.3 88,215 0.0 57.0 3.0 53.4 5,120 1,187.8
0.00 -81.3 8.0 -ve +ve -9.6 102,243 47.2 -1.9 39.0 - -
Banks
2.80 20.6 1.1 12.3 5.3 5.4 Dec 21 6187855 4.3 0.39 Chang Hwa Commercial 17.65 TWD 10,594 62.5 116,896 25.0 0.1 4.9 8.0 54,041 979.8
5.32 8.3 1.1 -ve 1.2 13.3 Dec 21 6527666 15.6 1.43 CTBC Financial Holdi 23.50 TWD 19,497 93 426,107 0.0 2.4 -9.4 2.2 32,583 769.6
2.23 18.9 2.1 21.8 6.3 11.3 Dec 21 6433912 14.0 1.28 E.Sun Financial Hold 28.20 TWD 14,255 95 381,881 100.0 2.5 7.3 13.2 16,534 460.5
2.60 14.6 0.9 3.3 3.0 6.0 Dec 21 6328450 1.0 0.09 Far Eastern Internat 12.30 TWD 3,514 61.3 26,495 0.0 8.8 14.4 14.0 7,295 86.1
3.69 17.4 1.6 19.3 4.5 9.1 Dec 21 6580119 10.1 0.93 First Financial Hold 26.55 TWD 13,223 78.7 276,548 0.0 0.3 10.5 18.3 12,514 330.5
3.24 18.1 1.6 24.8 4.2 9.0 Dec 21 6411877 8.6 0.79 Hua Nan Fin Hldgs 23.25 TWD 13,643 74.4 236,056 25.0 4.1 13.4 18.1 12,893 303.1
3.80 19.4 1.5 15.0 7.6 7.9 Dec 21 6444066 14.7 1.34 Mega Financial Hldg 35.90 TWD 13,940 80 400,352 0.0 3.9 3.5 12.2 17,927 644.5
3.61 15.5 1.4 11.6 4.6 9.2 Dec 21 B7LV1N0 6.0 0.55 Shanghai Commercial 49.80 TWD 4,482 73 163,060 100.0 -0.6 5.4 10.7 4,291 218.5
4.57 11.9 1.2 35.7 3.6 10.4 Dec 21 6525875 6.7 0.62 SinoPac Fin Holdings 17.35 TWD 11,384 93 183,683 0.0 3.7 8.5 23.0 19,421 334.4
3.79 9.6 1.0 -4.0 2.8 10.3 Dec 21 6451680 6.3 0.58 Taishin Financial Ho 15.20 TWD 11,974 94.8 172,670 25.0 1.6 -15.8 -13.8 30,401 497.6
0.75 19.6 1.0 -3.9 3.4 5.3 Dec 21 6098816 2.5 0.23 Taiwan Business Bank 12.85 TWD 8,030 66 68,120 0.0 7.5 34.6 42.2 27,344 344.1
3.51 18.6 1.6 7.3 5.3 8.9 Dec 21 B73XCZ3 10.2 0.93 Taiwan Cooperative F 27.65 TWD 14,009 72 278,890 25.0 3.9 11.9 30.0 12,092 333.7
3.64 14.3 1.4 33.3 3.3 9.8 2,730,757 2.7 3.6 12.1 - -
Finance and Credit Services
2.90 13.9 2.8 9.3 4.2 21.4 Dec 21 B58J1S8 100.0 0.92 Chailease Holding 197.00 TWD 1,523 91.4 274,426 25.0 -6.9 -21.5 -22.4 4,111 868.3
2.90 13.9 2.8 9.3 4.2 21.4 274,426 -6.9 -21.5 -22.4 - -
Investment Banking & Brokerage
13.81 4.9 0.7 -8.4 1.9 14.2 Dec 21 6156673 5.0 0.08 Capital Securities 11.95 TWD 2,171 92 23,870 100.0 4.8 -29.5 -24.6 1,877 22.3
7.46 6.3 0.8 2.5 0.7 16.0 Dec 21 6431756 44.7 0.72 China Dvlpmt Fin Hld 13.40 TWD 17,193 93.4 215,311 0.0 3.9 -23.4 -5.6 32,286 435.4
7.17 7.2 0.9 6.4 1.9 13.5 Dec 21 6424110 50.4 0.81 Yuanta Financial Hol 20.30 TWD 12,502 95.7 242,995 0.0 4.5 -17.4 -16.4 16,110 331.5
7.63 6.6 0.9 4.0 1.1 14.6 482,175 4.3 -20.9 -13.0 - -
Life Insurance
7.86 4.2 0.8 8.1 1.2 19.3 Dec 21 6425663 41.4 1.23 Cathay Fin Hldg 44.55 TWD 13,169 62.7 367,912 0.0 -2.1 -28.7 -25.3 17,763 814.8
6.10 4.7 0.9 20.9 0.9 21.4 Dec 21 6411673 45.3 1.35 Fubon Financial Hold 57.40 TWD 11,805 59.4 402,833 0.0 2.3 -24.8 -25.1 14,601 850.4
4.55 5.9 0.5 -11.8 0.3 9.3 Dec 21 6452586 13.3 0.39 Shin Kong Financial 8.79 TWD 15,488 86.5 117,785 0.0 2.8 -20.5 -7.5 29,719 262.3
6.62 4.6 0.8 16.2 0.8 18.1 888,530 0.5 -25.9 -23.2 - -
Real Estate Investment & Services
3.17 8.2 1.1 21.9 4.9 14.1 Dec 21 6748423 100.0 0.33 Ruentex Development 63.10 TWD 2,107 74.3 98,868 0.0 15.1 -1.1 27.5 8,720 528.6
3.17 8.2 1.1 21.9 4.9 14.1 98,868 15.1 - - - -
Automobiles and Parts
3.39 21.5 1.4 7.4 1.1 6.6 Dec 21 6190228 62.2 0.22 Cheng Shin Rubber In 35.45 TWD 3,241 56.5 64,958 0.0 0.0 -1.8 -4.8 3,497 122.9
11.83 6.1 0.6 4.1 0.8 10.0 Dec 21 6191328 11.5 0.04 China Motor 46.50 TWD 554 46.4 11,955 0.0 -8.1 -26.7 -31.7 2,561 114.7
3.64 8.4 0.8 -2.5 0.5 9.7 Dec 21 6988597 21.7 0.08 Yulon Motor Co. 41.25 TWD 1,000 55 22,688 0.0 -9.8 -1.6 9.0 5,915 248.5
4.36 20.5 3.3 19.8 2.5 15.0 Dec 21 B04G7V3 4.6 0.02 Yulon Nissan Motor C 208.00 TWD 300 7.7 4,805 0.0 -4.6 -16.5 -18.1 43 9.2
4.45 13.1 1.1 36.8 0.9 8.4 104,405 -3.5 -6.1 -7.2 - -
Household Goods & Home Constr.
3.89 15.0 4.7 13.7 2.9 33.6 Dec 21 BSZLN15 100.0 0.13 Nien Made Enterprise 283.00 TWD 293 47 38,975 0.0 -1.2 -31.4 -31.6 353 102.1
3.89 15.0 4.7 13.7 2.9 33.6 38,975 -1.2 -31.4 -31.6 - -
Leisure Goods
4.18 14.8 3.3 -18.1 1.1 23.1 Dec 21 6372167 26.3 0.24 Giant Manufacturing 239.50 TWD 375 79.5 71,472 25.0 -1.8 -30.6 -28.5 714 181.5
4.02 14.0 1.9 12.6 5.6 13.3 Dec 21 6451668 73.7 0.67 Largan Precision 1,955.00 TWD 134 76.3 200,276 100.0 -6.5 -20.7 -27.1 662 1,336.6
4.06 14.2 2.1 22.6 2.7 14.9 271,748 -5.3 -23.6 -27.4 - -
Personal Goods
2.38 33.1 8.4 84.0 2.2 25.9 Dec 21 6336055 49.6 0.25 Feng TAY Enterprise 172.00 TWD 882 50 75,825 100.0 3.0 -25.7 -20.4 1,235 210.2
5.17 5.7 0.6 5.5 0.4 10.9 Dec 21 6696157 50.4 0.26 Pou Chen 29.00 TWD 2,947 90 76,911 0.0 8.2 -12.5 -12.0 5,756 163.1
3.79 9.7 1.1 10.3 0.6 11.9 152,736 5.6 -19.6 -16.4 - -
Retailers
3.26 20.6 4.5 -ve 1.5 23.4 Dec 21 6417165 82.9 0.66 Hotai Motor 614.00 TWD 546 58.3 195,747 25.0 1.7 0.0 5.3 173 104.3
1.48 47.7 18.2 27.8 1.8 42.6 Dec 21 BJYP111 17.1 0.14 Momo.com 730.00 TWD 219 25.2 40,295 0.0 -10.6 -46.1 -48.9 683 519.6
2.95 22.8 5.2 -ve 1.6 24.3 236,043 -0.7 -12.7 -11.5 - -
Travel and Leisure
3.65 14.1 1.8 2.7 1.0 14.6 Dec 21 6189657 43.9 0.22 China Airlines 22.80 TWD 5,941 47.5 64,343 0.0 0.9 -17.2 32.2 58,505 1,287.1
1.75 24.8 2.0 5.4 1.7 8.9 Dec 21 6186023 56.1 0.28 EVA Airways 33.75 TWD 5,139 47.5 82,377 0.0 -0.4 20.8 75.8 63,004 2,035.2
2.58 18.6 1.9 3.8 1.3 11.5 146,721 0.1 0.7 53.6 - -
Food Producers
4.09 18.0 3.2 6.7 0.8 18.0 Dec 21 6700393 100.0 1.06 Uni-president Enterp 66.00 TWD 5,682 84.3 316,211 0.0 -6.3 -3.8 -8.7 6,313 419.3
4.09 18.0 3.2 6.7 0.8 18.0 316,211 -6.2 -3.8 -8.7 - -
Personal Care, Drug & Grocery St.
3.36 29.8 8.2 7.7 1.1 26.6 Dec 21 6704986 100.0 0.50 President Chain Stor 268.00 TWD 1,040 53.9 150,343 100.0 -5.3 -2.0 -6.1 906 250.5
3.36 29.8 8.2 7.7 1.1 26.6 150,343 -5.3 -2.0 -6.1 - -
Construction and Materials
7.86 10.0 1.0 17.8 1.7 10.1 Dec 21 6056331 31.2 0.35 Asia Cement 43.25 TWD 3,546 68.9 105,747 0.0 4.3 -2.4 -3.7 5,198 219.0
2.31 12.8 1.3 12.0 2.5 10.3 Dec 21 6869937 68.8 0.78 Taiwan Cement 39.30 TWD 6,737 88.2 233,629 0.0 1.4 -9.9 -10.8 14,758 579.7

5–180
August 2022 FTSE Russell

Taiwan - Constituent Report WORLD/EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% TWD (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Construction and Materials
4.04 11.7 1.2 13.4 2.2 10.2 339,377 2.3 -7.8 -8.8 - -
Electronic and Electrical Equipment
1.53 34.1 8.1 56.7 7.2 35.2 Dec 21 BMXC4S2 9.7 0.08 Advanced Energy Solu 980.00 TWD 85 28.1 23,547 0.0 -7.5 -46.3 15.0 894 879.3
4.88 17.9 4.0 13.0 3.3 22.7 Dec 21 6877811 11.8 0.10 Taiwan Secom 102.50 TWD 451 62.2 28,785 25.0 0.0 -1.4 4.1 170 17.5
4.56 12.2 0.7 12.7 1.2 6.8 Dec 21 6879851 23.5 0.19 TECO Electric & Mach 29.60 TWD 2,139 90.2 57,136 0.0 0.9 -6.5 -5.1 3,728 109.5
3.77 9.9 1.4 +ve 0.9 15.4 Dec 21 6936574 55.0 0.45 Walsin Lihwa 39.70 TWD 3,671 91.8 133,859 0.0 17.1 51.7 49.7 60,232 2,213.4
3.87 11.9 1.3 29.1 1.2 12.4 243,326 8.0 16.1 17.0 - -
General Industrials
9.00 8.0 1.4 10.0 2.1 19.7 Dec 21 6348544 94.0 1.49 Formosa Plastics Cor 91.10 TWD 6,366 76.4 443,348 0.0 -1.0 -12.4 -11.1 6,173 569.8
10.34 4.5 0.9 4.9 0.9 23.5 Dec 21 6870865 6.0 0.10 Taiwan Glass Industr 17.60 TWD 2,908 55.5 28,437 0.0 -0.8 -34.2 -51.2 2,168 38.2
9.08 7.6 1.4 9.4 2.0 20.0 471,785 -1.0 -14.1 -15.3 - -
Industrial Engineering
0.00 25.0 4.6 25.6 6.4 22.5 Dec 21 B52J816 68.5 0.43 Airtac International 824.00 TWD 200 78 128,544 0.0 0.9 -19.2 -1.3 590 478.6
2.10 20.6 2.4 8.9 2.7 12.2 Dec 21 B1YMYT5 31.5 0.20 HIWIN Technologies C 207.50 TWD 351 81.3 59,245 0.0 -3.7 -31.7 -33.8 2,442 520.6
0.66 23.4 3.6 16.1 4.4 17.3 187,789 -0.6 -23.5 -14.5 - -
Industrial Transportation
20.39 2.0 1.4 1.5 1.0 +ve Dec 21 6324500 43.0 0.74 Evergreen Marine 88.30 TWD 5,291 47.5 221,911 25.0 -7.5 -38.0 -35.1 73,838 7,182.4
2.60 9.3 2.4 6.1 5.4 25.6 Dec 21 B04BGQ6 11.8 0.20 Taiwan High Speed Ra 29.20 TWD 5,628 37 60,808 25.0 -0.2 -1.4 -3.3 2,401 69.4

Country Details
7.86 6.6 1.2 5.4 2.3 20.1 Dec 21 6911377 3.1 0.05 U-Ming Marine Transp 38.15 TWD 845 49.9 16,116 0.0 -8.9 -36.8 -44.9 4,311 176.4
10.52 2.4 1.7 1.8 1.1 +ve Dec 21 6932334 15.5 0.27 Wan Hai Lines 86.80 TWD 2,806 32.7 79,882 0.0 -18.9 -49.7 -55.7 12,967 1,276.2
25.35 1.7 1.2 1.3 0.8 +ve Dec 21 6987583 26.7 0.46 Yang Ming Marine Tra 78.90 TWD 3,492 49.9 137,736 0.0 -11.9 -34.8 -40.9 37,482 3,253.4
17.70 2.2 1.4 1.7 1.0 +ve 516,454 -9.9 -36.8 -38.7 - -
Industrial Materials
2.69 23.6 5.8 44.0 3.4 25.6 Dec 21 6345783 36.1 0.30 Eclat Textile 445.50 TWD 274 72.3 88,475 100.0 9.2 -29.4 -20.0 863 379.6
4.58 10.6 0.9 4.8 0.7 8.1 Dec 21 6331470 52.4 0.43 Far Eastern New Cent 32.75 TWD 5,353 73.2 128,412 0.0 7.7 11.8 9.0 7,792 238.6
3.62 21.7 0.7 19.1 1.4 3.5 Dec 21 6348588 11.5 0.09 Formosa Taffeta 27.60 TWD 1,685 60.5 28,135 0.0 6.6 -5.3 -11.5 1,537 41.4
3.79 14.2 1.2 8.1 1.1 8.5 245,023 8.1 -9.2 -5.9 - -
Industrial Metals and Mining
10.71 7.3 1.3 6.2 1.0 19.4 Dec 21 6190950 100.0 1.20 China Steel 28.95 TWD 15,735 78.3 356,812 0.0 4.5 -18.1 -24.1 21,154 605.7
10.71 7.3 1.3 6.2 1.0 19.4 356,812 4.5 -18.1 -24.1 - -
Chemicals
4.42 11.8 1.7 56.1 0.8 15.2 Dec 21 6318514 4.8 0.11 Eternal Chemical 33.90 TWD 1,240 80.8 33,981 25.0 5.6 -16.3 -7.6 1,718 56.2
6.99 9.5 1.0 10.4 1.1 11.6 Dec 21 6348715 33.4 0.79 Formosa Chem & Fib 68.70 TWD 5,861 58.3 235,058 0.0 -1.9 -15.0 -18.3 2,759 191.4
10.92 6.6 1.3 6.9 1.3 21.9 Dec 21 6621580 55.1 1.30 Nan Ya Plastics 68.70 TWD 7,931 71.1 387,659 0.0 2.1 -19.6 -23.3 6,299 433.6
4.45 20.3 1.2 19.8 4.5 5.9 Dec 21 6109439 6.6 0.16 Taiwan Fertilizer 62.90 TWD 980 75.2 46,355 0.0 -1.7 -10.1 11.3 2,704 175.4
8.86 7.9 1.2 8.6 1.3 16.4 703,053 0.6 -17.3 -19.4 - -
Oil Gas and Coal
4.53 16.2 2.2 21.2 1.3 14.8 Dec 21 6718716 100.0 0.38 Formosa Petrochemica 83.80 TWD 9,526 14.3 114,313 0.0 -0.8 -12.6 -14.3 2,078 174.7
4.53 16.2 2.2 21.2 1.3 14.8 114,313 -0.8 -12.6 -14.3 - -
FTSE Taiwan

5–181
4.38 11.8 2.2 10.7 1.4 19.6 29,834,376 0.3 -18.2 -15.2 - -

5–181
FTSE All-World Review August 2022

Thailand - Overview WORLD/EMERGING

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Bumrungrad Hospital Health Care Providers 216.00 18.68 Bumrungrad Hospital Health Care Providers 216.00 62.41
Thai Oil Oil Gas and Coal 60.75 18.54 PTT Exploration & Pr Oil Gas and Coal 168.50 51.12
Ratch Group Electricity 44.00 15.03 Krung Thai Bank Banks 16.90 50.89
Asset World Real Estate Investment & Services 5.60 12.00 TRUE Corp Telecommunications Service Prov. 4.56 37.35
SCG Packaging General Industrials 56.75 11.27 Banpu Oil Gas and Coal 14.50 31.82

Total Access Communi Telecommunications Service Prov. 43.00 -5.49 PTT Global Chemical Chemicals 47.50 -25.78
Bangkok Life Assuran Life Insurance 35.50 -6.58 Carabao Group Beverages 101.00 -27.86
Carabao Group Beverages 101.00 -10.22 Srisawad Finance and Credit Services 48.75 -32.06
Muangthai Capital Finance and Credit Services 42.50 -11.92 Muangthai Capital Finance and Credit Services 42.50 -34.36
Sri Trang Gloves (Th Chemicals 14.20 -12.88 Sri Trang Gloves (Th Chemicals 14.20 -61.62

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
PTT Oil Gas and Coal 37.50 9.42 0.72 PTT Exploration & Pr Oil Gas and Coal 168.50 4.08 1.44
Bangkok Dusit Medica Health Care Providers 29.25 4.58 0.41 Bangkok Dusit Medica Health Care Providers 29.25 4.58 0.95
Gulf Energy Developm Electricity 51.25 3.82 0.31 KASIKORNBANK Banks 153.50 4.09 0.89
Central Pattana Real Estate Investment & Services 69.25 3.38 0.29 Central Pattana Real Estate Investment & Services 69.25 3.38 0.79
SCB X Banks 110.50 3.30 0.28 Gulf Energy Developm Electricity 51.25 3.82 0.74

MINOR INTERNATIONAL Travel and Leisure 32.75 2.31 -0.06 Intouch Holdings Telecommunications Equipment 72.75 1.79 -0.33
Muangthai Capital Finance and Credit Services 42.50 0.50 -0.07 CP ALL Personal Care, Drug & Grocery St. 61.50 6.43 -0.40
Carabao Group Beverages 101.00 0.60 -0.07 Sri Trang Gloves (Th Chemicals 14.20 0.24 -0.40
ADVANCED INFO PTT Global Chemical Chemicals 47.50 1.70 -0.61
SERVIC Telecommunications Service Prov. 192.00 3.77 -0.18 Siam Cement Construction and Materials 358.00 5.29 -1.11
Siam Cement Construction and Materials 358.00 5.29 -0.23

FTSE Thailand Index Performance % FTSE Thailand Index Volatility %

110 90
80
100
70
90 60
50
80
40
70 30
20
60
10
50 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–182
August 2022 FTSE Russell

Thailand - Industry/Sector/Style Summary WORLD/EMERGING

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % THB (mn) Wgt % Stocks Cont1M%
0.32 95.6 15.8 +ve 7.8 17.3 Technology 1668.79 10.55 27.18 -10.27 1675.74 10.55 27.71 -9.90 146,103 2.57 1 0.26
0.32 95.6 15.8 +ve 7.8 17.3 Technology Hardware & Equip. 1668.79 10.55 27.18 -10.27 1675.74 10.55 27.71 -9.90 146,103 2.57 1 0.26
3.89 14.3 4.9 7.2 2.8 34.5 Telecommunications 215.26 -2.43 -11.52 1.63 801.19 -0.89 -8.07 5.91 393,532 6.92 4 -0.18
4.62 20.5 5.7 24.8 70.2 28.9 Telecommunications Equipment 1268.04 3.93 -4.00 -4.31 1377.34 6.40 1.02 1.49 101,931 1.79 1 0.07
3.64 13.0 4.7 5.7 2.1 36.1 Telecommunications Service Prov. 298.03 -4.47 -13.78 8.02 941.44 -3.25 -10.95 11.56 291,601 5.13 3 -0.25
1.52 65.2 6.2 35.0 7.2 9.3 Health Care 336.64 11.30 32.24 31.88 746.92 11.45 33.62 34.45 344,442 6.06 2 0.63
1.52 65.2 6.2 35.0 7.2 9.3 Health Care Providers 336.64 11.30 32.24 31.88 746.92 11.45 33.62 34.45 344,442 6.06 2 0.63
2.60 10.7 0.8 4.3 1.8 8.0 Financials 56.47 4.68 -1.43 10.38 104.19 4.70 0.74 13.50 826,722 14.54 9 0.68
2.74 9.3 0.7 3.3 1.5 7.4 Banks 74.33 6.15 0.84 18.73 143.46 6.15 3.13 22.37 670,676 11.80 5 0.71
1.95 20.5 4.3 +ve 7.3 22.3 Finance and Credit Services 713.47 -0.42 -11.44 -21.28 736.69 -0.42 -9.74 -19.77 137,721 2.42 3 -0.01
2.48 18.9 1.5 +ve 1.3 8.4 Life Insurance 1327.10 -6.58 -4.70 29.09 1369.08 -5.74 -2.55 32.00 18,325 0.32 1 -0.02
3.00 23.9 2.0 19.9 7.9 8.7 Real Estate 1126.69 6.68 13.31 20.27 1172.94 7.68 15.95 23.07 375,225 6.60 4 0.43
1.91 32.4 3.1 25.4 7.6 9.9 Real Estate Investment & Services 73.55 8.35 16.43 23.58 122.54 9.10 18.86 26.16 304,897 5.36 3 0.43
7.72 11.1 0.8 10.2 9.7 7.4 Real Estate Investment Trusts 100.00 0.00 101.91 1.91 70,328 1.24 1 0.00
1.35 -ve 3.1 36.5 2.1 -2.6 Consumer Discretionary 419.83 2.43 4.90 -0.57 1268.89 2.81 6.12 0.76 439,272 7.73 5 0.19
1.39 51.4 3.3 14.9 1.6 8.5 Retailers 1876.09 6.83 5.92 3.46 8174.31 6.94 6.98 4.87 236,891 4.17 3 0.28
1.29 -26.1 3.0 -52.3 2.9 -11.6 Travel and Leisure 22.85 -2.27 4.12 -4.01 57.82 -1.63 5.47 -2.77 202,381 3.56 2 -0.09
1.83 26.0 2.9 19.4 0.8 11.6 Consumer Staples 186.15 0.74 0.32 -7.94 495.40 1.39 2.18 -6.24 618,509 10.88 5 0.08

Country Details
2.73 31.0 6.1 24.8 4.3 20.2 Beverages 830.25 -4.81 -11.87 -20.94 869.34 -3.76 -9.60 -18.91 76,983 1.35 2 -0.07
3.22 13.8 1.2 39.6 0.5 9.1 Food Producers 637.38 4.13 -1.64 -5.89 3244.58 5.98 1.88 -2.52 175,799 3.09 2 0.13
0.98 42.9 6.6 15.0 1.0 16.0 Personal Care, Drug & Grocery St. 1959.82 0.41 4.24 -5.54 4667.31 0.41 5.20 -4.67 365,727 6.43 1 0.03
2.05 22.6 2.1 23.4 1.7 9.7 Industrials 174.97 0.88 2.17 -4.86 491.79 1.58 4.29 -2.89 798,115 14.04 6 0.13
4.52 8.8 1.2 9.8 0.8 14.2 Construction and Materials 173.53 -3.68 -6.90 -16.33 346.58 -2.16 -2.78 -12.63 314,762 5.54 2 -0.22
1.42 30.2 1.8 20.9 1.5 6.1 General Industrials 949.82 8.39 -10.85 -15.46 983.33 8.88 -9.59 -14.26 102,021 1.79 2 0.14
0.17 -ve 7.2 -ve 49.5 -6.6 Industrial Transportation 705.39 3.00 16.05 11.51 1769.56 3.00 16.27 11.72 381,332 6.71 2 0.20
6.54 5.0 0.9 4.1 0.5 20.2 Basic Materials 81.52 2.00 -16.96 -23.11 199.22 2.66 -14.31 -18.70 187,126 3.29 3 0.07
6.54 5.0 0.9 4.1 0.5 20.2 Chemicals 35.82 2.00 -16.96 -23.11 91.59 2.66 -14.31 -18.70 187,126 3.29 3 0.07
4.62 10.6 1.2 4.6 0.6 12.3 Energy 194.53 7.42 9.95 9.06 741.35 8.07 12.97 14.43 1,023,001 17.99 6 1.30
4.62 10.6 1.2 4.6 0.6 12.3 Oil Gas and Coal 191.83 7.42 9.95 9.06 722.60 8.07 12.97 14.43 1,023,001 17.99 6 1.30
1.37 34.3 3.0 22.8 5.6 9.5 Utilities 252.29 5.83 -1.56 12.11 788.77 5.83 -0.56 13.56 533,024 9.38 6 0.54
1.37 34.3 3.0 22.8 5.6 9.5 Electricity 252.29 5.83 -1.56 12.11 788.77 5.83 -0.56 13.56 533,024 9.38 6 0.54
2.71 17.4 1.8 9.1 1.3 10.9 FTSE Thailand 149.82 4.12 2.99 3.85 388.47 4.65 5.20 6.79 5,685,071 100.00 51 -

5–183

5–183
FTSE All-World Review August 2022

Thailand - Constituent Report WORLD/EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% THB (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Technology Hardware & Equip.
0.32 95.6 15.8 +ve 7.8 17.3 Dec 21 6418920 100.0 2.57 Delta Electronics (T 524.00 THB 1,247 22.3 146,103 50.0 10.5 27.2 -10.3 4,526 2,438.1
0.32 95.6 15.8 +ve 7.8 17.3 146,103 10.5 27.2 -10.3 - -
Telecommunications Equipment
4.62 20.5 5.7 24.8 70.2 28.9 Dec 21 BKXLD77 100.0 1.79 Intouch Holdings 72.75 THB 3,207 43.6 101,931 0.0 3.9 -9.3 -14.9 3,201 235.5
4.62 20.5 5.7 24.8 70.2 28.9 101,931 3.9 -4.0 -4.3 - -
Telecommunications Service Prov.
4.01 14.1 7.0 6.9 3.1 51.5 Dec 21 6412568 73.5 3.77 ADVANCED INFO SERVIC 192.00 THB 2,974 37.5 214,351 100.0 -4.5 -16.5 2.1 5,755 1,136.6
4.42 10.8 5.0 3.8 1.3 42.5 Dec 21 B1Z4V22 9.9 0.51 Total Access Communi 43.00 THB 2,368 28.3 28,885 0.0 -5.5 -6.0 16.2 7,179 324.6
1.54 10.5 1.9 4.0 1.1 17.4 Dec 21 BYM8TY6 16.6 0.85 TRUE Corp 4.56 THB 33,368 31.7 48,365 100.0 -3.8 -4.6 37.3 150,471 727.7
3.64 13.0 4.7 5.7 2.1 36.1 291,601 -4.5 -13.8 8.0 - -
Health Care Providers
1.54 56.4 5.5 31.9 6.2 9.6 Dec 21 BLZGSL6 75.6 4.58 Bangkok Dusit Medica 29.25 THB 15,892 56 260,311 100.0 9.3 27.2 25.0 54,635 1,514.1
1.48 +ve 10.3 50.0 14.0 7.9 Dec 21 B0166D1 24.4 1.48 Bumrungrad Hospital 216.00 THB 795 49 84,131 100.0 18.7 53.2 62.4 10,140 2,024.6
1.52 65.2 6.2 35.0 7.2 9.3 344,442 11.3 32.2 31.9 - -
Banks
2.55 9.1 0.5 2.2 1.5 6.1 Dec 21 6077008 13.6 1.61 Bangkok Bank 137.00 THB 1,909 35 91,529 0.0 3.4 12.8 20.2 7,012 954.6
2.12 8.8 0.8 3.9 1.4 9.0 Dec 21 6888783 34.7 4.09 KASIKORNBANK 153.50 THB 2,369 63.9 232,690 0.0 5.1 8.1 24.8 21,665 3,300.2
2.47 10.3 0.7 4.2 1.6 6.5 Dec 21 6492827 15.5 1.83 Krung Thai Bank 16.90 THB 13,976 44.1 104,257 0.0 6.3 28.0 50.9 42,325 687.6
3.67 N/A N/A N/A N/A N/A BPH0706 28.0 3.30 SCB X 110.50 THB 3,396 50 187,608 0.0 8.9 -13.0 3.8 19,214 2,050.6
2.99 10.0 0.6 2.9 1.5 5.9 Dec 21 6887876 8.1 0.96 TMBThanachart Bank 1.27 THB 96,623 44.4 54,592 25.0 5.8 -13.6 18.7 265,844 325.0
2.74 9.3 0.7 3.3 1.5 7.4 670,676 6.1 0.8 18.7 - -
Finance and Credit Services
1.66 25.7 5.8 18.6 8.6 24.3 Dec 21 BF2LWS7 57.0 1.38 Krungthai Card PCL 60.25 THB 2,578 50.5 78,527 100.0 5.2 1.7 -9.1 4,320 255.5
0.87 18.2 3.6 -6.4 5.6 21.8 Dec 21 BFXP653 20.7 0.50 Muangthai Capital 42.50 THB 2,120 31.7 28,562 100.0 -11.9 -27.7 -34.4 12,232 561.2
3.69 14.7 2.8 25.2 6.8 20.2 Dec 21 BF0F5R1 22.2 0.54 Srisawad 48.75 THB 1,428 44 30,632 0.0 -2.0 -21.1 -32.1 7,395 378.8
1.95 20.5 4.3 +ve 7.3 22.3 137,721 -0.4 -11.4 -21.3 - -
Life Insurance
2.48 18.9 1.5 +ve 1.3 8.4 Dec 21 B2R7SH0 100.0 0.32 Bangkok Life Assuran 35.50 THB 1,708 30.2 18,325 0.0 -6.6 -4.7 29.1 10,133 367.1
2.48 18.9 1.5 +ve 1.3 8.4 18,325 -6.6 -4.7 29.1 - -
Real Estate Investment & Services
0.19 +ve 2.3 -ve 42.2 1.2 Dec 21 BK21TV4 13.1 0.70 Asset World 5.60 THB 32,000 22.3 40,010 100.0 12.0 20.7 29.0 48,823 259.7
0.87 43.1 4.2 40.8 11.2 10.1 Dec 21 B6SR7L4 63.0 3.38 Central Pattana 69.25 THB 4,471 62 191,956 100.0 9.1 22.6 28.8 8,802 584.8
5.62 15.3 2.1 9.7 3.3 13.9 Dec 21 6581907 23.9 1.28 Land & Houses 8.90 THB 11,950 68.5 72,930 0.0 4.7 1.1 9.2 32,157 284.1
1.91 32.4 3.1 25.4 7.6 9.9 304,897 8.4 16.4 23.6 - -
Real Estate Investment Trusts
7.72 11.1 0.8 10.2 9.7 7.4 Dec 21 BH6XVN1 100.0 1.24 Digital Telecommunic 13.50 THB 10,632 49 70,328 0.0 0.0 -2.9 7.1 11,368 156.1
7.72 11.1 0.8 10.2 9.7 7.4 70,328 0.0 - - - -
Retailers
0.74 +ve 4.3 10.8 1.3 1.7 Dec 21 BKP8ZP8 47.4 1.98 Central Retail 40.50 THB 6,031 45.9 112,312 0.0 11.0 26.6 18.2 11,929 465.3
2.30 33.0 8.0 23.7 3.0 24.9 Dec 21 6418544 33.0 1.37 Home Product Center 13.90 THB 13,151 42.6 78,056 100.0 4.5 -4.1 -2.8 30,423 418.5
1.45 25.7 1.3 21.7 1.4 9.2 Dec 21 BFMXRJ9 19.6 0.82 Siam Makro 34.50 THB 10,580 12.7 46,523 100.0 1.5 -17.9 -17.6 8,989 308.9
1.39 51.4 3.3 14.9 1.6 8.5 236,891 6.8 5.9 3.5 - -
Travel and Leisure
3.69 27.5 1.8 -5.3 4.2 6.6 Mar 22 BDDW2W9 35.0 1.25 BTS Group Holdings P 8.40 THB 13,168 64 70,789 100.0 -2.3 -10.2 -10.6 26,245 223.1
0.00 -12.7 4.6 13.7 2.5 -37.3 Dec 21 B018C06 65.0 2.31 MINOR INTERNATIONAL 32.75 THB 5,218 77 131,592 100.0 -2.2 13.9 0.0 15,861 528.3
1.29 -26.1 3.0 -52.3 2.9 -11.6 202,381 -2.3 4.1 -4.0 - -
Beverages
1.73 34.9 9.9 42.2 5.8 28.7 Dec 21 BSM67X3 44.4 0.60 Carabao Group 101.00 THB 1,000 33.8 34,190 0.0 -10.2 -15.5 -27.9 5,966 641.4
3.52 28.4 4.7 18.7 3.5 16.9 Dec 21 BGR9QP8 55.6 0.75 Osotspa 31.25 THB 3,004 45.5 42,793 100.0 0.0 -8.8 -14.4 9,297 294.0
2.73 31.0 6.1 24.8 4.3 20.2 76,983 -4.8 -11.9 -20.9 - -
Food Producers
2.50 16.0 1.1 75.3 0.4 7.2 Dec 21 B4V9B00 72.7 2.25 Charoen Pokphnd Food 26.00 THB 8,407 58.4 127,784 0.0 3.0 2.0 -3.6 18,196 470.5
5.14 10.0 1.5 17.5 0.6 16.3 Dec 21 BYTBHS8 27.3 0.84 Thai Union Group 17.50 THB 4,655 58.9 48,015 0.0 7.4 -10.3 -12.1 19,849 342.6
3.22 13.8 1.2 39.6 0.5 9.1 175,799 4.1 -1.6 -5.9 - -
Personal Care, Drug & Grocery St.
0.98 42.9 6.6 15.0 1.0 16.0 Dec 21 B08YDG0 100.0 6.43 CP ALL 61.50 THB 8,983 66.1 365,727 100.0 0.4 4.2 -5.2 24,682 1,492.1
0.98 42.9 6.6 15.0 1.0 16.0 365,727 0.4 4.2 -5.5 - -
Construction and Materials
4.47 8.8 1.2 10.1 0.8 14.3 Dec 21 6609917 95.5 5.29 Siam Cement 358.00 THB 1,200 70 300,720 0.0 -4.0 -7.3 -16.7 2,396 871.3
5.68 9.8 1.3 6.4 1.1 13.6 Dec 21 6806376 4.5 0.25 Siam City Cement 158.50 THB 298 29.7 14,042 25.0 4.3 1.3 -6.5 115 17.9
4.52 8.8 1.2 9.8 0.8 14.2 314,762 -3.7 -6.9 -16.3 - -
General Industrials
1.97 36.0 1.2 11.1 1.0 3.2 Dec 21 6094018 33.4 0.60 Berli Jucker 33.50 THB 4,008 25.3 34,089 100.0 3.1 8.1 -7.6 2,051 69.0

5–184
August 2022 FTSE Russell

Thailand - Constituent Report WORLD/EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% THB (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
General Industrials
1.15 27.9 2.5 37.3 2.0 9.4 Dec 21 BMC0T37 66.6 1.19 SCG Packaging 56.75 THB 4,293 27.8 67,932 0.0 11.3 -18.1 -18.9 8,980 501.8
1.42 30.2 1.8 20.9 1.5 6.1 102,021 8.4 -10.9 -15.5 - -
Industrial Transportation
0.00 -64.3 9.3 -85.5 +ve -12.7 Sep 21 BDFLHW9 81.8 5.48 Airports of Thailand 72.75 THB 14,286 30 311,785 100.0 3.6 19.3 14.1 24,938 1,790.5
0.91 68.0 3.5 96.9 12.5 5.2 Dec 21 BYV76L0 18.2 1.22 Bangkok Expressway a 8.75 THB 15,285 52 69,547 100.0 0.6 3.6 1.2 28,247 250.0
0.17 -ve 7.2 -ve 49.5 -6.6 381,332 3.0 16.1 11.5 - -
Chemicals
3.01 8.5 1.7 9.2 0.5 22.4 Dec 21 B5VSK29 41.2 1.36 Indorama Ventures PC 43.25 THB 5,615 31.7 77,050 50.0 -1.1 0.0 -1.1 29,659 1,302.4
7.89 4.7 0.7 3.3 0.5 15.4 Dec 21 B67QFW9 51.5 1.70 PTT Global Chemical 47.50 THB 4,509 45 96,377 0.0 7.3 -19.1 -25.8 12,007 560.6
16.90 1.7 1.1 1.7 0.9 67.8 Dec 21 BMGJNN8 7.3 0.24 Sri Trang Gloves (Th 14.20 THB 2,863 33.6 13,700 0.0 -12.9 -53.1 -61.6 12,346 191.3
6.54 5.0 0.9 4.1 0.5 20.2 187,126 2.0 -17.0 -23.1 - -
Oil Gas and Coal
3.10 9.0 1.2 3.5 0.7 15.5 Dec 21 BJFHBV6 8.1 1.45 Banpu 14.50 THB 6,766 84.2 82,676 0.0 8.2 36.8 31.8 191,771 2,664.1
6.43 4.8 0.8 7.2 0.3 18.0 Dec 21 6905295 3.4 0.61 IRPC 3.42 THB 20,411 50 34,902 0.0 4.9 -10.9 -14.1 57,435 197.6
5.33 9.4 1.1 3.6 0.5 12.1 Dec 21 BD0BDH1 52.4 9.42 PTT 37.50 THB 28,563 50 535,556 0.0 7.9 -1.3 -2.0 55,860 2,060.3
4.30 17.4 1.6 6.3 3.1 10.1 Dec 21 B1359K1 22.7 4.08 PTT Exploration & Pr 168.50 THB 3,970 34.7 232,190 25.0 3.7 42.8 51.1 17,220 2,760.3
1.69 27.3 3.3 13.7 0.6 17.4 Dec 21 BN73M06 7.4 1.33 PTT Oil and Retail B 27.25 THB 12,000 23.1 75,711 0.0 7.9 0.9 -9.9 18,447 495.8
4.28 9.7 1.0 26.5 0.4 10.8 Dec 21 B0300P1 6.1 1.09 Thai Oil 60.75 THB 2,040 50 61,966 0.0 18.5 22.7 22.1 17,288 968.7

Country Details
4.62 10.6 1.2 4.6 0.6 12.3 1,023,001 7.4 9.9 9.1 - -
Electricity
0.81 33.3 4.5 15.1 2.1 14.1 Dec 21 BF0NJD9 5.0 0.46 B.Grimm Power 37.00 THB 2,607 27.4 26,430 100.0 -2.6 -8.6 -20.0 13,947 532.5
3.55 21.1 0.8 7.4 2.7 4.2 Dec 21 6304632 9.2 0.86 Electricity Generati 183.00 THB 527 50.6 48,798 100.0 -1.1 4.3 1.1 1,469 270.8
0.35 50.9 9.8 49.6 15.8 20.7 Dec 21 B9L4K70 26.5 2.49 Energy Absolute 85.25 THB 3,730 44.4 141,375 100.0 4.9 -11.2 30.2 8,116 677.0
2.21 20.3 1.8 14.6 2.6 8.9 Dec 21 BWX43R0 8.8 0.82 Global Power Synergy 68.00 THB 2,820 24.3 46,747 75.0 0.4 -23.4 -18.3 8,344 576.8
0.86 72.6 6.2 45.5 12.7 10.3 Dec 21 BLR5MP3 40.8 3.82 Gulf Energy Developm 51.25 THB 11,733 36.1 217,434 100.0 8.5 12.0 22.8 17,198 854.2
3.71 12.0 1.4 12.5 2.6 12.4 Dec 21 BK1W1V2 9.8 0.92 Ratch Group 44.00 THB 2,219 53.5 52,241 0.0 15.0 3.0 -1.9 8,454 352.8
1.37 34.3 3.0 22.8 5.6 9.5 533,024 5.8 -1.6 12.1 - -
FTSE Thailand
2.71 17.4 1.8 9.1 1.3 10.9 5,685,071 4.1 3.0 3.9 - -

5–185

5–185
FTSE All-World Review August 2022

Turkey - Overview WORLD/EMERGING

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Turkiye Vakiflar Ban Banks 7.31 87.44 Turk Hava Yollari Travel and Leisure 73.10 476.50
Petkim Chemicals 14.42 60.58 Polyester Sanayi Chemicals 53.50 289.37
T.Garanti Bankasi Banks 23.00 58.40 Tupras (T Petr Raf) Oil Gas and Coal 359.30 253.29
Turkiye Is Bankasi C Banks 7.92 51.72 Turkiye Is Bankasi C Banks 7.92 206.09
Yapi Ve Kredi Bankas Banks 7.04 48.21 T Sise Ve Cam Fabrik General Industrials 24.78 178.43

Iskenderun Demir Ve Industrial Metals and Mining 24.68 8.34 Eregli Demir Ve Celi Industrial Metals and Mining 28.78 53.25
Arcelik Household Goods & Home Constr. 70.25 8.24 Koza Altin Isletmele Precious Metals and Mining 158.30 53.09
Eregli Demir Ve Celi Industrial Metals and Mining 28.78 4.20 BIM Birlesik Magazal Personal Care, Drug & Grocery St. 109.40 52.26
Enka Insaat Construction and Materials 18.49 -1.23 Turk Telekomunikasyo Telecommunications Service Prov. 10.49 41.57
Koza Altin Isletmele Precious Metals and Mining 158.30 -2.40 Turkcell Iletisim Hi Telecommunications Service Prov. 21.60 31.79

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Turk Hava Yollari Travel and Leisure 73.10 7.07 2.72 Turk Hava Yollari Travel and Leisure 73.10 7.07 12.36
Tupras (T Petr Raf) Oil Gas and Coal 359.30 7.72 2.42 Tupras (T Petr Raf) Oil Gas and Coal 359.30 7.72 11.69
Akbank Banks 11.72 6.33 2.06 T Sise Ve Cam Fabrik General Industrials 24.78 6.27 8.53
Turkiye Is Bankasi C Banks 7.92 4.33 1.82 KOC Holdings A.S Oil Gas and Coal 45.62 6.80 7.05
BIM Birlesik Magazal Personal Care, Drug & Grocery St. 109.40 8.44 1.65 Akbank Banks 11.72 6.33 6.17

Turk Telekomunikasyo Telecommunications Service Prov. 10.49 0.96 0.17 Iskenderun Demir Ve Industrial Metals and Mining 24.68 0.64 0.66
Enerjisa Enerji Electricity 17.14 0.71 0.10 Turk Telekomunikasyo Telecommunications Service Prov. 10.49 0.96 0.60
Iskenderun Demir Ve Industrial Metals and Mining 24.68 0.64 0.06 Enerjisa Enerji Electricity 17.14 0.71 0.52
Koza Altin Isletmele Precious Metals and Mining 158.30 1.27 -0.04 Turkiye Halk Bankasi Banks Del Del 0.00
Enka Insaat Construction and Materials 18.49 5.81 -0.09 Tekfen Holding Construction & Materials Del Del -0.04

FTSE Turkey Index Performance % FTSE Turkey Index Volatility %

250 70

60
200
50

150 40

30
100
20

50 10
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–186
August 2022 FTSE Russell

Turkey - Industry/Sector/Style Summary WORLD/EMERGING

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % TRY (mn) Wgt % Stocks Cont1M%
6.06 5.5 2.2 2.3 1.3 41.6 Telecommunications 39660.30 25.43 15.49 33.43 2087.61 25.43 21.27 43.66 31,084 5.45 2 1.37
6.06 5.5 2.2 2.3 1.3 41.6 Telecommunications Service Prov. 34363.30 25.43 15.49 33.43 1630.91 25.43 21.27 43.66 31,084 5.45 2 1.37
1.87 5.3 0.9 3.3 1.0 19.5 Financials 5.19013e 43.78 96.72 133.84 1603.06 43.78 101.81 139.90 123,615 21.66 6 8.16
1.63 5.7 0.9 5.0 0.9 17.8 Banks 4.95149e 47.82 99.17 134.31 1507.45 47.82 103.59 139.51 100,986 17.69 5 7.08
2.95 4.1 1.0 1.3 1.7 28.3 Investment Banking & Brokerage 9.71743e 28.13 92.44 142.25 3185.62 28.13 101.03 153.06 22,629 3.96 1 1.08
2.34 11.9 1.9 5.8 1.1 21.0 Consumer Discretionary 301918.0 25.72 93.97 197.12 10409.40 25.72 101.26 210.17 82,936 14.53 4 3.68
5.05 12.2 9.8 13.1 1.6 92.9 Automobiles and Parts 3.0783e+ 12.85 30.74 98.68 24727.60 12.85 38.28 112.43 31,645 5.54 2 0.78
3.16 12.5 2.2 -23.1 0.6 21.0 Household Goods & Home Constr. 1.54257e 8.24 45.14 118.71 6316.77 8.24 50.94 127.45 10,940 1.92 1 0.18
0.00 11.5 1.1 3.3 1.1 13.3 Travel and Leisure 462573.0 45.04 265.13 476.50 12683.70 45.04 265.13 476.50 40,351 7.07 1 2.72
3.09 21.2 4.4 8.8 0.9 23.6 Consumer Staples 1.10049e 16.65 72.97 60.13 4634.08 16.65 77.04 67.57 66,644 11.68 3 2.06
2.79 19.0 1.9 5.6 1.0 12.4 Beverages 1.93266e 11.43 60.08 85.14 6610.01 11.43 66.19 92.20 18,493 3.24 2 0.41
3.20 22.2 8.6 11.2 0.9 39.8 Personal Care, Drug & Grocery St. 192815.0 18.78 78.47 52.26 7018.79 18.78 81.73 59.86 48,151 8.44 1 1.65
1.82 10.8 1.6 12.4 3.0 19.2 Industrials 7.99486e 7.84 50.80 112.62 2815.16 7.84 53.82 117.44 84,292 14.77 3 1.33
2.52 21.2 1.2 7.0 4.3 7.6 Construction and Materials 1.68679e -1.23 31.55 82.00 8173.87 -1.23 37.47 90.20 33,186 5.81 1 -0.09
0.67 8.1 2.3 24.4 3.0 33.6 Aerospace and Defense 4.90371e 17.39 24.81 64.00 1676.92 17.39 24.81 65.56 15,330 2.69 1 0.49
1.65 8.2 1.9 25.7 2.4 30.1 General Industrials 3218.18 13.57 85.20 178.43 3350.74 13.57 88.86 183.93 35,776 6.27 1 0.93
7.86 9.3 2.1 20.6 2.0 30.1 Basic Materials 2.97528e 16.84 32.97 96.47 19977.10 16.84 45.22 115.26 95,219 16.68 6 2.97
15.70 6.7 1.3 17.7 1.5 25.4 Industrial Metals and Mining 3.55279e 4.54 2.53 56.37 26928.30 4.54 16.65 78.96 42,581 7.46 2 0.40
11.09 8.0 2.3 7.0 6.0 33.2 Precious Metals and Mining 1.00651e -2.40 36.82 53.09 4650.01 -2.40 53.07 71.28 7,242 1.27 1 -0.04

Country Details
0.00 15.6 6.0 38.5 2.4 48.8 Chemicals 4.32012e 36.14 83.12 175.04 21545.80 36.14 83.12 175.04 45,395 7.95 3 2.61
0.93 11.7 2.8 5.3 0.4 27.8 Energy 98604.60 29.04 92.39 158.41 8849.72 29.04 94.74 161.58 82,884 14.52 2 4.04
0.93 11.7 2.8 5.3 0.4 27.8 Oil Gas and Coal 98604.60 29.04 92.39 158.41 8849.72 29.04 94.74 161.58 82,884 14.52 2 4.04
7.23 8.0 2.2 5.6 0.7 30.7 Utilities 1437.92 13.51 33.07 54.41 1681.29 13.51 43.41 66.41 4,049 0.71 1 0.10
7.23 8.0 2.2 5.6 0.7 30.7 Electricity 1437.92 13.51 33.07 54.41 1681.29 13.51 43.41 66.41 4,049 0.71 1 0.10
3.20 8.8 1.7 5.7 1.0 23.0 FTSE Turkey 81481.00 23.72 65.15 110.99 3190.70 23.72 71.65 120.71 570,723 100.00 27 -

5–187

5–187
FTSE All-World Review August 2022

Turkey - Constituent Report WORLD/EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% TRY (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Telecommunications Service Prov.
13.49 4.2 2.6 2.7 1.1 67.2 Dec 21 B2RCGV5 17.7 0.96 Turk Telekomunikasyo 10.49 TRY 3,500 15 5,507 75.0 16.0 8.9 41.6 73,992 726.1
4.46 5.9 2.1 2.2 1.3 37.3 Dec 21 B03MYN3 82.3 4.48 Turkcell Iletisim Hi 21.60 TRY 2,200 53.8 25,577 100.0 27.7 17.0 31.8 49,284 961.9
6.06 5.5 2.2 2.3 1.3 41.6 31,084 25.4 15.5 33.4 - -
Banks
1.99 4.9 0.8 -8.4 0.9 17.9 Dec 21 B03MN70 35.8 6.33 Akbank 11.72 TRY 5,200 59.2 36,109 25.0 35.8 62.8 99.0 286,830 3,099.0
1.35 7.1 1.2 40.2 1.2 19.2 Dec 21 B03MYP5 13.4 2.37 T.Garanti Bankasi 23.00 TRY 4,200 14 13,553 0.0 58.4 104.1 132.8 115,544 2,369.5
1.70 5.7 0.9 1.6 0.8 18.1 Dec 21 B03MYS8 24.5 4.33 Turkiye Is Bankasi C 7.92 TRY 10,000 31.1 24,694 0.0 51.7 144.8 206.1 357,506 2,529.1
0.00 9.5 1.0 1.7 0.7 10.9 Dec 21 B0N6YC4 7.5 1.33 Turkiye Vakiflar Ban 7.31 TRY 7,111 14.5 7,582 0.0 87.4 98.6 103.6 146,089 746.8
1.68 5.5 0.9 4.9 0.9 19.3 Dec 21 B03MZJ6 18.9 3.34 Yapi Ve Kredi Bankas 7.04 TRY 8,447 32 19,047 0.0 48.2 108.3 166.7 538,673 3,214.2
1.63 5.7 0.9 5.0 0.9 17.8 100,986 47.8 99.2 134.3 - -
Investment Banking & Brokerage
2.95 4.1 1.0 1.3 1.7 28.3 Dec 21 B03N0C7 100.0 3.96 Haci Omer Sabanci Ho 25.46 TRY 2,040 43.5 22,629 50.0 28.1 92.4 142.2 52,049 1,247.9
2.95 4.1 1.0 1.3 1.7 28.3 22,629 28.1 92.4 142.2 - -
Automobiles and Parts
3.92 12.9 11.5 12.2 1.6 +ve Dec 21 B03MSR5 66.0 3.66 Ford Otosan 331.90 TRY 351 17.9 20,871 100.0 9.6 39.4 93.2 2,258 740.6
7.24 11.1 7.7 15.4 1.5 78.3 Dec 21 B03MY33 34.0 1.89 Tofas Turk Otomobil 88.35 TRY 500 24.3 10,774 100.0 19.7 16.7 110.3 9,645 807.8
5.05 12.2 9.8 13.1 1.6 92.9 31,645 12.9 30.7 98.7 - -
Household Goods & Home Constr.
3.16 12.5 2.2 -23.1 0.6 21.0 Dec 21 B03MP18 100.0 1.92 Arcelik 70.25 TRY 619 25.1 10,940 100.0 8.2 45.1 118.7 4,811 334.6
3.16 12.5 2.2 -23.1 0.6 21.0 10,940 8.2 45.1 118.7 - -
Travel and Leisure
0.00 11.5 1.1 3.3 1.1 13.3 Dec 21 B03MYK0 100.0 7.07 Turk Hava Yollari 73.10 TRY 1,380 40 40,351 0.0 45.0 265.1 476.5 105,373 6,698.8
0.00 11.5 1.1 3.3 1.1 13.3 40,351 45.0 265.1 476.5 - -
Beverages
4.49 21.1 1.3 3.4 0.6 7.4 Dec 21 B03MNV4 43.6 1.41 Anadolu Efes 41.32 TRY 592 32.9 8,061 100.0 12.8 39.5 88.3 4,423 170.6
1.47 17.7 3.1 11.3 1.9 22.2 Dec 21 B058ZV4 56.4 1.83 Coca-Cola Icecek Ure 160.00 TRY 254 25.6 10,431 25.0 10.4 80.7 82.8 337 53.1
2.79 19.0 1.9 5.6 1.0 12.4 18,493 11.4 60.1 85.1 - -
Personal Care, Drug & Grocery St.
3.20 22.2 8.6 11.2 0.9 39.8 Dec 21 B0D0006 100.0 8.44 BIM Birlesik Magazal 109.40 TRY 599 73.5 48,151 100.0 18.8 78.5 52.3 6,283 672.6
3.20 22.2 8.6 11.2 0.9 39.8 48,151 18.8 78.5 52.3 - -
Construction and Materials
2.52 21.2 1.2 7.0 4.3 7.6 Dec 21 B03MS64 100.0 5.81 Enka Insaat 18.49 TRY 6,000 29.9 33,186 75.0 -1.2 31.5 80.6 2,872 56.0
2.52 21.2 1.2 7.0 4.3 7.6 33,186 -1.2 31.5 82.0 - -
Aerospace and Defense
0.67 8.1 2.3 24.4 3.0 33.6 Dec 21 B03MP41 100.0 2.69 Aselsan Elektronik 26.06 TRY 2,280 25.8 15,330 100.0 17.4 24.8 64.0 66,248 1,667.9
0.67 8.1 2.3 24.4 3.0 33.6 15,330 17.4 24.8 64.0 - -
General Industrials
1.65 8.2 1.9 25.7 2.4 30.1 Dec 21 B03MXR0 100.0 6.27 T Sise Ve Cam Fabrik 24.78 TRY 3,063 47.1 35,776 100.0 13.6 85.2 178.4 108,647 2,648.4
1.65 8.2 1.9 25.7 2.4 30.1 35,776 13.6 85.2 178.4 - -
Industrial Metals and Mining
15.46 6.4 1.2 16.9 1.5 25.6 Dec 21 B03MS97 91.4 6.82 Eregli Demir Ve Celi 28.78 TRY 3,500 38.6 38,912 0.0 4.2 2.2 53.2 68,094 1,961.3
18.23 11.0 1.8 39.9 2.0 21.2 Dec 21 BYYD6Q0 8.6 0.64 Iskenderun Demir Ve 24.68 TRY 2,900 5.1 3,669 0.0 8.3 6.2 99.5 3,599 87.1
15.70 6.7 1.3 17.7 1.5 25.4 42,581 4.5 2.5 56.4 - -
Precious Metals and Mining
11.09 8.0 2.3 7.0 6.0 33.2 Dec 21 B3LP189 100.0 1.27 Koza Altin Isletmele 158.30 TRY 153 30 7,242 100.0 -2.4 36.8 53.1 5,098 806.2
11.09 8.0 2.3 7.0 6.0 33.2 7,242 -2.4 36.8 53.1 - -
Chemicals
0.00 74.1 14.4 -76.0 3.6 27.8 Dec 21 B03MTC7 20.7 1.65 Gubre Fabrikalar 117.00 TRY 334 24 9,398 0.0 31.4 52.2 125.7 4,373 451.3
0.00 6.7 2.9 14.3 1.3 53.8 Dec 21 B03MWY0 39.4 3.14 Petkim 14.42 TRY 2,534 49 17,908 100.0 60.6 84.9 132.6 199,796 2,339.3
0.00 +ve 28.6 +ve 8.1 19.8 Dec 21 B03MXD6 39.8 3.17 Polyester Sanayi 53.50 TRY 2,225 15.1 18,089 0.0 20.3 102.5 289.4 32,593 1,676.0
0.00 15.6 6.0 38.5 2.4 48.8 45,395 36.1 83.1 175.0 - -
Oil Gas and Coal
1.98 7.1 1.8 2.5 0.3 29.6 Dec 21 B03MVJ8 46.8 6.80 KOC Holdings A.S 45.62 TRY 2,536 33.5 38,805 75.0 24.0 60.7 98.0 25,147 1,092.8
0.00 26.9 5.1 +ve 0.6 23.1 Dec 21 B03MYT9 53.2 7.72 Tupras (T Petr Raf) 359.30 TRY 250 48.9 44,079 25.0 33.9 132.7 253.3 5,816 1,813.0
0.93 11.7 2.8 5.3 0.4 27.8 82,884 29.0 92.4 158.4 - -
Electricity
7.23 8.0 2.2 5.6 0.7 30.7 Dec 21 BD0MXB8 100.0 0.71 Enerjisa Enerji 17.14 TRY 1,181 20 4,049 50.0 13.5 33.1 54.4 8,729 139.2
7.23 8.0 2.2 5.6 0.7 30.7 4,049 13.5 33.1 54.4 - -
FTSE Turkey
3.20 8.8 1.7 5.7 1.0 23.0 570,723 23.7 65.2 111.0 - -

5–188
August 2022 FTSE Russell

United Arab Emirates - Overview EMERGING

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
MULTIPLY Group Investment Banking & Brokerage 2.16 21.35 Dubai Financial Mark Investment Banking & Brokerage 1.79 58.41
Fertiglobe Chemicals 5.62 17.33 Abu Dhabi Islamic Ba Banks 8.85 56.91
Emaar Properties Real Estate Investment & Services 6.26 13.82 Air Arabia Travel and Leisure 2.22 56.34
Emaar Development PJ Real Estate Investment & Services 4.81 8.58 Emaar Properties Real Estate Investment & Services 6.26 49.05
Dubai Investment General Industrials 2.45 6.06 Dubai Investment General Industrials 2.45 33.88

First Abu Dhabi Bank Banks 19.10 -1.65 First Abu Dhabi Bank Banks 19.10 13.67
Abu Dhabi Islamic Ba Banks 8.85 -2.64 Emirates Telecommuni Telecommunications Service Prov. 25.72 8.98
Dana Gas PJSC Oil Gas and Coal 0.97 -2.70 ADNOC Distribution P Oil Gas and Coal 4.44 -1.77
Abu Dhabi Ports Comp Industrial Transportation 5.06 -6.30 ARAMEX Industrial Transportation 3.90 -2.74
Emirates Telecommuni Telecommunications Service Prov. 25.72 -7.81 Dana Gas PJSC Oil Gas and Coal 0.97 -10.73

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Emaar Properties Real Estate Investment & Services 6.26 6.65 0.80 First Abu Dhabi Bank Banks 19.10 22.35 4.23
MULTIPLY Group Investment Banking & Brokerage 2.16 1.93 0.34 Emaar Properties Real Estate Investment & Services 6.26 6.65 2.58
Fertiglobe Chemicals 5.62 1.71 0.25 Abu Dhabi Commercial Banks 9.07 6.65 1.64

Country Details
ADNOC Distribution P Oil Gas and Coal 4.44 3.38 0.12 Abu Dhabi Islamic Ba Banks 8.85 3.41 1.59
Emaar Development PJ Real Estate Investment & Services 4.81 1.07 0.08 Aldar Properties PJS Real Estate Investment & Services 4.82 4.53 0.81

Abu Dhabi Ports Comp Industrial Transportation 5.06 1.17 -0.08 Al Seer Marine Suppl Industrial Transportation 9.82 0.50 -0.09
Abu Dhabi Islamic Ba Banks 8.85 3.41 -0.09 Dana Gas PJSC Oil Gas and Coal 0.97 0.88 -0.13
Alpha Dhabi Holding General Industrials 24.40 8.64 -0.11 Dubai Electricity an Electricity 2.56 2.29 -0.20
First Abu Dhabi Bank Banks 19.10 22.35 -0.37 Alpha Dhabi Holding General Industrials 24.40 8.64 -0.95
Emirates Telecommuni Telecommunications Service Prov. 25.72 23.70 -1.99 Emirates Telecommuni Telecommunications Service Prov. 25.72 23.70 -3.03

FTSE United Arab Emirates Index Performance % FTSE United Arab Emirates Index Volatility %
150 100
140 90

130 80

120 70
60
110
50
100
40

5–189
90
30
80
20
70 10
60 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country vol 1m vol 3m

5–189
FTSE All-World Review August 2022

UAE - Industry/Sector/Style Summary EMERGING

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % AED (mn) Wgt % Stocks Cont1M%
3.11 20.0 4.7 12.3 4.2 23.1 Telecommunications 502.53 -7.81 -18.86 8.98 1019.89 -6.50 -16.81 11.75 89,473 23.70 1 -1.99
3.11 20.0 4.7 12.3 4.2 23.1 Telecommunications Service Prov. 502.53 -7.81 -18.86 8.98 1019.89 -6.50 -16.81 11.75 89,473 23.70 1 -1.99
2.94 15.7 1.8 14.5 5.9 11.8 Financials 472.09 -0.38 2.33 12.83 970.02 -0.38 5.43 16.26 149,421 39.58 6 -0.15
3.12 14.8 1.8 13.6 5.6 12.1 Banks 787.56 -1.41 2.91 11.74 1891.82 -1.41 6.07 15.17 139,238 36.88 4 -0.52
0.48 +ve 2.2 +ve 59.1 2.9 Investment Banking & Brokerage 332.45 16.10 -30.23 75.34 573.87 16.10 -29.37 77.52 10,183 2.70 2 0.37
2.45 12.8 1.0 5.5 2.2 8.3 Real Estate 1549.75 7.14 23.74 33.47 1629.94 7.14 26.67 36.63 46,215 12.24 3 0.81
2.45 12.8 1.0 5.5 2.2 8.3 Real Estate Investment & Services 427.61 7.14 23.74 33.47 758.16 7.14 26.67 36.63 46,215 12.24 3 0.81
3.83 14.3 1.7 5.2 3.3 13.6 Consumer Discretionary 363.17 0.91 53.10 56.34 845.40 0.91 61.16 64.57 5,076 1.34 1 0.01
3.83 14.3 1.7 5.2 3.3 13.6 Travel and Leisure 363.17 0.91 53.10 56.34 845.40 0.91 61.16 64.57 5,076 1.34 1 0.01
0.60 31.9 3.7 27.3 8.1 14.2 Industrials 351.25 -0.90 3.94 9.25 579.60 -0.90 4.57 9.91 44,610 11.82 5 -0.11
0.66 50.2 4.2 25.5 9.2 10.1 General Industrials 342.90 -0.29 7.21 13.06 590.76 -0.29 7.85 13.75 37,727 9.99 2 -0.03
0.28 10.6 2.1 43.8 4.9 26.7 Industrial Transportation 111.35 -4.09 -13.94 -12.01 118.77 -4.09 -13.42 -11.48 6,883 1.82 3 -0.08

1.42 17.5 6.0 10.1 4.2 26.1 Basic Materials 98.29 10.90 98.29 10.90 12,127 3.21 2 0.31
1.42 17.5 6.0 10.1 4.2 26.1 Chemicals 98.29 10.90 98.29 10.90 12,127 3.21 2 0.31
5.06 16.8 3.7 13.4 3.4 22.3 Energy 656.63 2.31 2.96 -0.15 1387.65 2.89 6.30 5.63 21,955 5.82 3 0.13
5.06 16.8 3.7 13.4 3.4 22.3 Oil Gas and Coal 656.63 2.31 2.96 -0.15 1387.65 2.89 6.30 5.63 21,955 5.82 3 0.13

0.00 20.6 1.4 14.1 5.4 6.8 Utilities 89.51 0.79 89.51 0.79 8,628 2.29 1 0.02
0.00 20.6 1.4 14.1 5.4 6.8 Electricity 89.51 0.79 89.51 0.79 8,628 2.29 1 0.02
2.66 17.4 2.1 11.8 4.4 12.7 FTSE United Arab Emirates 413.05 -0.97 -1.19 9.76 824.05 -0.58 1.49 12.90 377,506 100.00 22 -

United Arab Emirates - Constituent Report EMERGING

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% AED (mn) 1M% YTD% 12M% Sh(th) Val(mn)
Telecommunications Service Prov.
3.11 20.0 4.7 12.3 4.2 23.1 Dec 21 6322173 100.0 23.70 Emirates Telecommuni 25.72 AED 8,697 40 89,473 -7.8 -18.9 9.0 1,881 51.1
3.11 20.0 4.7 12.3 4.2 23.1 89,473 -7.8 -18.9 9.0 - -
Banks
4.08 12.2 1.2 8.6 4.1 9.9 Dec 21 6545464 18.0 6.65 Abu Dhabi Commercial 9.07 AED 6,957 39.8 25,115 -0.5 6.3 20.8 2,509 23.0
3.52 15.1 2.1 10.3 5.1 14.5 Dec 21 6001728 9.2 3.41 Abu Dhabi Islamic Ba 8.85 AED 3,632 40 12,857 -2.6 28.8 56.9 1,439 13.0
4.27 10.9 1.4 5.1 3.7 13.1 Dec 21 6283452 12.1 4.48 Dubai Islamic Bank 5.85 AED 7,227 40 16,912 -0.5 8.7 14.7 4,183 24.7
2.54 17.0 2.1 30.4 7.1 12.7 Dec 21 6624471 60.6 22.35 First Abu Dhabi Bank 19.10 AED 11,041 40 84,354 -1.6 2.6 13.7 10,199 203.0
3.12 14.8 1.8 13.6 5.6 12.1 139,238 -1.4 2.9 11.7 - -
Investment Banking & Brokerage
1.68 89.3 1.8 33.5 48.0 2.0 Dec 21 B1GPBP7 28.4 0.77 Dubai Financial Mark 1.79 AED 7,996 20.2 2,891 4.7 -37.0 58.4 8,720 15.4
0.00 +ve 2.4 -ve 65.0 3.7 Dec 21 BP0PMS1 71.6 1.93 MULTIPLY Group 2.16 AED 11,200 30.1 7,291 21.3 17.4 - 56,179 115.5
0.48 +ve 2.2 +ve 59.1 2.9 10,183 16.1 -30.2 75.3 - -
Real Estate Investment & Services
3.11 16.1 1.4 6.8 4.4 8.9 Dec 21 B0LX3Y2 37.0 4.53 Aldar Properties PJS 4.82 AED 7,863 45 17,084 -1.6 20.8 16.1 10,577 51.8
0.00 5.9 1.3 4.6 1.2 25.2 Dec 21 BDG1977 8.7 1.07 Emaar Development PJ 4.81 AED 4,000 21 4,040 8.6 10.1 21.5 3,734 17.4
2.40 13.4 0.8 5.0 1.8 6.4 Dec 21 B01RM25 54.3 6.65 Emaar Properties 6.26 AED 8,180 49 25,091 13.8 28.0 49.0 21,550 126.9
2.45 12.8 1.0 5.5 2.2 8.3 46,215 7.1 23.7 33.5 - -
Travel and Leisure
3.83 14.3 1.7 5.2 3.3 13.6 Dec 21 B23DL40 100.0 1.34 Air Arabia 2.22 AED 4,667 49 5,076 0.9 53.1 56.3 4,873 10.9
3.83 14.3 1.7 5.2 3.3 13.6 5,076 0.9 53.1 56.3 - -
General Industrials
0.00 74.5 10.6 31.5 12.9 27.3 Dec 21 BM8K209 86.5 8.64 Alpha Dhabi Holding 24.40 AED 10,000 13.3 32,623 -1.2 -10.6 - 4,183 101.5
4.90 16.3 0.9 11.5 3.3 5.4 Dec 21 6388357 13.5 1.35 Dubai Investment 2.45 AED 4,252 49 5,105 6.1 26.9 33.9 3,787 9.2
0.66 50.2 4.2 25.5 9.2 10.1 37,727 -0.3 7.2 13.1 - -
Industrial Transportation
0.00 30.1 2.4 36.5 6.6 9.3 Dec 21 BMGS410 64.4 1.17 Abu Dhabi Ports Comp 5.06 AED 5,090 17.2 4,435 -6.3 - - 9,525 48.2
0.00 3.9 1.7 +ve 15.8 82.8 Dec 21 BMYD6Y4 27.3 0.50 Al Seer Marine Suppl 9.82 AED 1,000 19.1 1,877 -0.7 -29.4 - 1,276 12.3
3.33 28.7 2.1 20.6 0.9 7.4 Dec 21 B0LWK71 8.3 0.15 ARAMEX 3.90 AED 1,464 10 571 3.2 -4.9 -2.7 2,066 8.0
0.28 10.6 2.1 43.8 4.9 26.7 6,883 -4.1 -13.9 -12.0 - -
Chemicals
0.00 16.9 5.2 12.1 4.6 21.8 Dec 21 BN2SB32 46.9 1.51 BOROUGE 3.07 AED 30,058 6.1 5,684 4.4 - - 8,767 26.4
2.67 18.1 6.9 8.9 3.8 32.1 Dec 21 BMXCL70 53.1 1.71 Fertiglobe 5.62 AED 8,301 13.8 6,443 17.3 59.7 - 5,762 31.4
1.42 17.5 6.0 10.1 4.2 26.1 12,127 10.9 - - - -
Oil Gas and Coal
4.63 24.6 17.3 19.2 2.7 67.4 Dec 21 BYVGM64 58.1 3.38 ADNOC Distribution P 4.44 AED 12,500 22.9 12,764 3.7 4.0 -1.8 12,679 57.7
4.18 26.4 5.7 13.5 7.0 20.0 Dec 21 BN12D39 26.7 1.55 ADNOC Drilling Compa 3.66 AED 16,000 10 5,856 2.2 7.6 - 6,482 23.6
8.22 5.9 0.8 6.1 4.1 14.2 Dec 21 B0VR4L8 15.2 0.88 Dana Gas PJSC 0.97 AED 6,995 49 3,335 -2.7 -8.2 -10.7 7,454 7.3
5.06 16.8 3.7 13.4 3.4 22.3 21,955 2.3 3.0 -0.2 - -

5–190
August 2022 FTSE Russell

Electricity
0.00 20.6 1.4 14.1 5.4 6.8 Dec 21 BJLTVJ4 100.0 2.29 Dubai Electricity an 2.56 AED 50,000 6.7 8,628 0.8 - - 8,555 21.9
0.00 20.6 1.4 14.1 5.4 6.8 8,628 0.8 - - - -
FTSE United Arab Emirates
2.66 17.4 2.1 11.8 4.4 12.7 377,506 -1.0 -1.2 9.8 - -

Country Details
5–191

5–191
FTSE All-World Review August 2022

UK - Overview WORLD/DEVELOPED
ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Avast Software and Computer Services 7.07 52.04 Shell Plc Oil Gas and Coal 22.90 59.96
Flutter Entertainmen Travel and Leisure 107.65 30.83 BP Oil Gas and Coal 4.42 48.68
Aveva Group Software and Computer Services 28.00 18.80 Glencore Industrial Metals and Mining 4.73 45.85
Pearson Media 8.63 14.04 Centrica Gas Water and Multi-utilities 0.76 45.77
Admiral Group Non-life Insurance 21.22 10.64 Airtel Africa Telecommunications Service Prov. 1.32 42.33

Travis Perkins Industrial Support Services 8.49 -19.37 Wise Industrial Support Services 4.87 -51.27
THG Personal Care, Drug & Grocery St. 0.55 -19.66 Travis Perkins Industrial Support Services 8.49 -51.82
GSK Pharmaceuticals & Biotechnology 13.79 -20.16 Ocado Group Personal Care, Drug & Grocery St. 7.26 -63.93
Persimmon Household Goods & Home Constr. 14.76 -21.66 Deliveroo Software and Computer Services 0.81 -76.79
Hikma Pharmaceutical Pharmaceuticals & Biotechnology 13.13 -24.10 THG Personal Care, Drug & Grocery St. 0.55 -91.06

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
Shell Plc Oil Gas and Coal 22.90 8.83 0.42 Shell Plc Oil Gas and Coal 22.90 8.83 2.51
BP Oil Gas and Coal 4.42 4.33 0.40 AstraZeneca Pharmaceuticals & Biotechnology 106.44 8.47 1.71
British Amer Tobacco Tobacco 34.52 4.01 0.26 HSBC Hldgs Banks 5.29 5.47 1.47
Flutter Entertainmen Travel and Leisure 107.65 0.97 0.22 BP Oil Gas and Coal 4.42 4.33 1.43
HSBC Hldgs Banks 5.29 5.47 0.15 Glencore Industrial Metals and Mining 4.73 3.18 1.01

Diageo Beverages 37.64 4.36 -0.13 THG Personal Care, Drug & Grocery St. 0.55 0.03 -0.28
Prudential Life Insurance 9.04 1.28 -0.14 Rio Tinto Industrial Metals and Mining 47.71 2.67 -0.32
RELX Media 22.62 2.15 -0.15 Ocado Group Personal Care, Drug & Grocery St. 7.26 0.22 -0.33
AstraZeneca Pharmaceuticals & Biotechnology 106.44 8.47 -0.16 Ashtead Group Industrial Transportation 42.50 0.96 -0.33
GSK Pharmaceuticals & Biotechnology 13.79 2.83 -0.70 Prudential Life Insurance 9.04 1.28 -0.74

FTSE UK Index Performance % FTSE UK Index Volatility %

110 80

70
100
60
90
50

80 40

30
70
20
60
10
50 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–192
August 2022 FTSE Russell

UK - Industry/Sector/Style Summary WORLD/DEVELOPED

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % GBP (mn) Wgt % Stocks Cont1M%
1.72 38.0 4.3 28.8 4.8 11.7 Technology 17.24 10.56 -14.47 -10.40 55.07 10.82 -12.95 -8.76 21,617 1.11 5 0.10
1.72 38.0 4.3 28.8 4.8 11.7 Software and Computer Services 23.82 10.56 -14.47 -10.40 81.36 10.82 -12.95 -8.76 21,617 1.11 5 0.10
6.11 6.4 0.8 2.4 0.8 12.3 Telecommunications 160.08 -5.32 -0.83 -6.63 659.77 -4.55 2.15 -1.13 44,546 2.29 3 -0.13
6.11 6.4 0.8 2.4 0.8 12.3 Telecommunications Service Prov. 257.92 -5.32 -0.83 -6.63 1253.11 -4.55 2.15 -1.13 44,546 2.29 3 -0.13
2.91 25.8 3.9 18.8 3.4 17.5 Health Care 748.21 -7.37 5.36 8.87 2686.93 -6.70 8.04 12.16 251,058 12.90 7 -1.01
2.59 17.5 2.4 15.2 2.5 14.2 Medical Equipment and Services 2197.21 -3.51 -14.13 -21.75 4587.97 -3.34 -12.73 -19.87 12,383 0.64 2 -0.02
2.93 26.4 4.0 19.0 3.5 17.8 Pharmaceuticals & Biotechnology 1314.72 -7.57 6.63 11.14 4362.97 -6.87 9.40 14.54 238,675 12.26 5 -0.98
4.13 7.6 0.8 22.9 1.1 11.3 Financials 249.12 -0.30 -2.59 -0.46 1100.53 0.97 1.21 3.61 326,510 16.78 21 -0.05
3.98 7.1 0.7 +ve 1.3 9.4 Banks 268.75 2.12 8.20 19.05 1204.61 3.53 12.68 23.99 191,466 9.84 5 0.20
1.26 21.5 1.7 15.7 6.1 14.0 Finance and Credit Services 747.80 1.30 16.91 1.84 2524.58 1.68 18.39 3.13 29,636 1.52 1 0.02
5.69 5.5 1.2 7.6 0.9 22.8 Investment Banking & Brokerage 529.76 -7.48 -26.18 -26.98 1884.85 -6.40 -22.92 -23.13 35,587 1.83 7 -0.14
4.80 8.7 1.2 8.5 0.5 13.9 Life Insurance 385.26 -5.04 -17.74 -21.21 1890.34 -3.56 -14.24 -17.85 56,064 2.88 4 -0.15
5.52 9.1 2.3 14.3 1.8 26.4 Non-life Insurance 117.99 3.76 -13.24 -21.06 637.53 4.74 -10.27 -17.39 13,757 0.71 4 0.03
3.35 4.4 0.9 22.3 11.9 21.5 Real Estate 960.22 -11.78 -27.28 -21.62 998.60 -11.31 -25.62 -19.37 27,446 1.41 5 -0.18
1.28 27.7 72.4 26.2 16.8 +ve Real Estate Investment & Services 144.93 -5.00 -23.57 -13.37 423.03 -5.00 -22.96 -12.30 5,064 0.26 1 -0.01
3.82 3.7 0.7 21.5 11.2 21.0 Real Estate Investment Trusts 212.33 -13.18 -28.04 -23.27 826.60 -12.62 -26.18 -20.81 22,382 1.15 4 -0.17
2.45 21.0 2.7 13.7 1.7 14.4 Consumer Discretionary 397.89 -4.48 -15.60 -15.55 1171.20 -4.27 -13.92 -13.56 192,702 9.90 25 -0.45
1.26 41.1 6.8 27.5 1.8 16.7 Consumer Services 311.75 -2.90 12.60 23.89 1016.26 -2.90 14.13 25.58 33,106 1.70 1 -0.05
8.17 6.8 1.0 7.3 1.1 15.0 Household Goods & Home Constr. 3318.60 -16.58 -39.98 -41.28 9734.85 -16.50 -37.19 -37.54 19,169 0.99 5 -0.19

Country Details
2.63 15.3 4.6 10.4 2.5 31.4 Personal Goods 7411.84 -3.73 -13.67 -14.87 19397.30 -3.73 -11.83 -12.59 8,198 0.42 2 -0.02
2.40 17.6 3.7 13.6 2.4 21.5 Media 583.40 -6.68 -8.32 -2.97 1618.97 -6.18 -6.41 -0.73 66,695 3.43 5 -0.24
3.22 8.6 2.1 6.6 0.8 25.6 Retailers 185.75 -13.31 -35.44 -34.29 620.37 -13.31 -33.93 -32.42 21,366 1.10 5 -0.17
0.54 -35.0 2.5 34.5 2.4 -0.6 Travel and Leisure 616.09 10.31 -14.45 -24.18 1810.23 10.43 -14.00 -23.78 44,168 2.27 7 0.21
3.89 21.0 3.5 16.7 2.2 17.5 Consumer Staples 965.78 -0.37 0.30 3.75 3485.79 0.35 3.11 7.93 361,720 18.59 12 -0.07
2.07 25.5 9.8 20.3 4.8 40.8 Beverages 2881.44 -3.00 -7.56 5.76 9228.12 -1.87 -5.64 7.96 88,712 4.56 2 -0.14
2.54 16.9 1.4 11.3 1.1 8.6 Food Producers 442.38 -7.37 -12.19 -12.70 1359.66 -7.37 -11.20 -10.67 8,361 0.43 2 -0.03
6.48 9.3 1.4 9.6 2.3 15.0 Tobacco 1889.92 6.84 24.53 25.84 9672.39 7.07 29.10 35.50 96,004 4.93 2 0.31
3.45 34.8 6.0 21.2 1.9 18.0 Personal Care, Drug & Grocery St. 282.91 -2.37 -5.25 -5.70 861.74 -1.59 -2.59 -2.38 168,643 8.67 6 -0.21
2.17 16.1 3.1 12.3 1.3 18.5 Industrials 510.44 -5.32 -19.63 -16.20 1652.98 -5.16 -18.44 -14.49 221,151 11.36 25 -0.63
2.87 12.6 1.6 7.8 1.1 13.2 Construction and Materials 655.95 1.10 -18.58 -17.88 2263.49 1.10 -16.64 -15.55 24,262 1.25 1 0.01
2.13 14.5 7.5 20.0 1.2 26.0 Aerospace and Defense 337.93 -2.02 11.39 9.31 1023.23 -2.02 12.82 11.68 37,137 1.91 3 -0.04
1.30 20.8 4.8 22.1 3.3 24.7 Electronic and Electrical Equipment 489.68 -11.35 -33.70 -32.58 1185.28 -11.21 -33.15 -31.84 12,065 0.62 3 -0.08
2.86 16.2 1.7 10.0 1.0 11.5 General Industrials 345.39 -6.75 -16.31 -17.81 1313.41 -6.55 -14.69 -15.55 39,234 2.02 6 -0.14
1.40 25.6 4.7 30.2 3.5 19.6 Industrial Engineering 476.33 -12.06 -29.02 -29.66 1531.23 -12.06 -28.47 -28.84 11,513 0.59 2 -0.08
1.86 18.3 4.9 12.6 1.4 28.1 Industrial Support Services 539.17 -5.48 -24.22 -14.39 1364.10 -5.43 -23.25 -12.87 75,785 3.89 8 -0.22
2.17 12.8 2.4 10.0 1.2 20.0 Industrial Transportation 969.19 -6.90 -30.99 -27.00 994.38 -5.91 -29.77 -25.56 21,155 1.09 2 -0.08
6.44 8.1 2.1 4.9 0.7 27.8 Basic Materials 471.68 -2.20 -1.54 -2.48 1883.95 -0.07 3.93 4.85 165,078 8.48 7 -0.19
6.83 7.6 2.0 4.6 0.7 29.1 Industrial Metals and Mining 115.23 -1.55 3.89 3.18 489.49 0.79 10.07 11.48 151,122 7.77 4 -0.12
3.19 13.8 1.6 6.8 2.2 12.0 Precious Metals and Mining 282.94 -6.62 -79.89 -81.13 1068.88 -6.27 -79.32 -80.24 1,269 0.07 1 0.00

5–193
2.16 44.6 3.1 14.9 0.7 6.9 Chemicals 896.32 -8.89 -26.42 -28.01 2883.44 -8.89 -25.44 -26.63 12,687 0.65 2 -0.06
3.45 12.0 1.4 5.5 0.8 12.3 Energy 671.94 6.78 38.60 56.11 3122.39 7.87 42.62 62.33 256,218 13.17 2 0.82
3.45 12.0 1.4 5.5 0.8 12.3 Oil Gas and Coal 561.27 6.78 38.60 56.11 2625.61 7.87 42.62 62.33 256,218 13.17 2 0.82
4.39 12.8 2.0 7.6 1.6 16.7 Utilities 1041.92 -5.69 -0.38 7.99 5666.19 -5.69 2.85 12.73 78,000 4.01 6 -0.24
5.19 6.5 2.2 10.8 2.0 40.8 Electricity 1056.98 -6.53 0.21 1.23 6380.96 -6.53 5.39 6.46 17,634 0.91 1 -0.06
4.16 17.9 1.9 7.0 1.5 11.3 Gas Water and Multi-utilities 955.85 -5.44 -0.56 10.11 5089.29 -5.44 2.13 14.69 60,366 3.10 5 -0.17
3.66 12.9 1.8 10.3 1.4 15.0 FTSE UK 443.74 -2.02 -1.45 1.77 1691.04 -1.21 1.48 5.66 1,946,046 100.00 118 -

5–193
FTSE All-World Review August 2022

UK - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% GBP (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Software and Computer Services
1.26 24.9 13.0 22.1 14.2 53.1 Mar 22 BVYVFW2 27.8 0.31 Auto Trader Group 6.52 GBP 943 97.6 6,005 100.0 3.5 -11.9 3.6 2,101 13.9
1.73 27.1 6.9 22.3 10.7 28.1 Dec 21 BDD85M8 18.3 0.20 Avast 7.07 GBP 1,041 53.6 3,952 0.0 52.0 16.4 18.3 4,649 31.8
1.34 51.7 1.6 66.7 7.1 3.1 Mar 22 BBG9VN7 15.4 0.17 Aveva Group 28.00 GBP 302 39.3 3,322 100.0 18.8 -17.7 -32.3 719 18.5
0.00 -5.0 1.3 -8.4 0.8 -45.6 Dec 21 BNC5T39 4.9 0.05 Deliveroo 0.81 GBP 1,755 74.6 1,060 -10.8 -61.4 -76.8 2,401 2.2
2.51 22.1 6.6 19.3 3.9 23.9 Sep 21 B8C3BL0 33.7 0.37 Sage Group 7.15 GBP 1,018 99.9 7,278 100.0 1.5 -16.1 -3.6 0.0 0.0
1.72 38.0 4.3 28.8 4.8 11.7 21,617 10.6 -14.5 -10.4 - -
Telecommunications Service Prov.
2.97 9.1 1.9 4.1 1.4 21.3 Mar 22 BKDRYJ4 3.2 0.07 Airtel Africa 1.32 GBP 3,758 28.8 1,435 0.0 -16.7 -1.0 42.3 3,110 4.6
5.11 6.4 1.0 2.9 0.7 17.2 Mar 22 3091357 23.5 0.54 BT Group 1.51 GBP 9,927 69.9 10,465 0.0 -6.9 -11.1 -11.2 18,152 28.5
6.57 6.3 0.7 2.2 0.8 11.2 Mar 22 BH4HKS3 73.3 1.68 Vodafone Group 1.16 GBP 28,225 99.9 32,646 0.0 -4.2 3.0 -5.1 57,332 68.4
6.11 6.4 0.8 2.4 0.8 12.3 44,546 -5.3 -0.8 -6.6 - -
Medical Equipment and Services
2.10 23.0 3.5 19.9 3.0 15.6 Dec 21 BD3VFW7 28.5 0.18 ConvaTec Group 2.18 GBP 2,035 79.7 3,531 89.6 -4.6 12.7 -3.5 3,852 9.0
2.78 16.0 2.2 13.9 2.3 13.9 Dec 21 0922320 71.5 0.45 Smith & Nephew 10.16 GBP 872 99.9 8,852 100.0 -3.1 -21.5 -27.2 2,774 29.0
2.59 17.5 2.4 15.2 2.5 14.2 12,383 -3.5 -14.1 -21.8 - -
Pharmaceuticals & Biotechnology
2.08 69.6 5.7 37.8 6.1 11.7 Dec 21 0989529 69.1 8.47 AstraZeneca 106.44 GBP 1,550 99.9 164,843 100.0 -1.8 22.7 25.0 1,451 158.3
1.19 28.0 6.0 42.5 6.2 21.3 Jun 21 0963318 1.5 0.19 Dechra Pharmaceutica 34.90 GBP 108 96.8 3,665 0.0 -5.3 -34.5 -33.4 215 7.6
6.25 10.1 3.7 7.8 1.6 37.6 Dec 21 BN7SWP6 23.1 2.83 GSK 13.79 GBP 4,067 98.1 55,083 75.0 -20.2 -13.3 -4.7 9,136 134.5
0.00 16.1 0.9 17.6 2.5 5.7 Dec 21 BMX86B7 5.4 0.66 Haleon 2.59 GBP 9,235 54 12,921 75.0 -11.3 - - 27,041 74.1
3.30 8.1 1.6 6.9 1.6 21.8 Dec 21 B0LCW08 0.9 0.11 Hikma Pharmaceutical 13.13 GBP 225 73 2,163 50.0 -24.1 -40.8 -48.3 679 10.2
2.93 26.4 4.0 19.0 3.5 17.8 238,675 -7.6 6.6 11.1 - -
Banks
3.80 3.7 0.5 -1.3 1.0 13.2 Dec 21 3134865 14.4 1.41 Barclays 1.65 GBP 16,769 99.6 27,477 25.0 4.7 -12.0 -11.0 43,801 72.5
4.00 10.4 0.8 6.9 1.9 7.9 Dec 21 0540528 55.6 5.47 HSBC Hldgs 5.29 GBP 20,121 99.9 106,381 0.0 2.9 17.9 36.9 17,389 93.6
4.85 4.8 0.6 1.9 0.7 12.4 Dec 21 0870612 15.9 1.57 Lloyds Banking Group 0.44 GBP 69,667 99.7 30,493 0.0 -3.0 -8.2 0.2 130,920 58.8
4.81 7.4 0.6 -8.7 1.9 7.6 Dec 21 BM8PJY7 6.5 0.64 Natwest Group 2.46 GBP 9,778 51.9 12,516 75.0 -1.3 8.7 15.1 15,803 40.2
1.65 10.3 0.5 -1.7 1.3 4.6 Dec 21 0408284 7.6 0.75 Standard Chartered 5.98 GBP 2,983 81.8 14,599 0.0 6.0 33.4 31.5 6,300 37.5
3.98 7.1 0.7 +ve 1.3 9.4 191,466 2.1 8.2 19.1 - -
Finance and Credit Services
1.26 21.5 1.7 15.7 6.1 14.0 Dec 21 B0SWJX3 100.0 1.52 LSE Group PLC 81.02 GBP 507 72.1 29,636 100.0 1.3 16.9 1.8 566 47.1
1.26 21.5 1.7 15.7 6.1 14.0 29,636 1.3 16.9 1.8 - -
Investment Banking & Brokerage
3.83 2.9 0.9 27.0 5.1 36.6 Mar 22 B1YW440 32.5 0.59 3i Group 12.16 GBP 973 97.7 11,568 100.0 -4.3 -16.1 -9.1 1,558 19.2
9.94 2.8 0.4 -ve 1.9 15.9 Dec 21 BF8Q6K6 8.9 0.16 Abrdn 1.47 GBP 2,181 98.4 3,153 0.0 -11.4 -39.0 -44.7 7,707 12.3
4.75 17.4 6.7 14.8 6.7 38.1 Jun 22p B1VZ0M2 8.7 0.16 Hargreaves Lansdown 8.18 GBP 474 79.6 3,090 100.0 -3.6 -39.7 -45.3 1,085 9.9
5.56 7.3 2.0 16.3 4.0 30.6 Mar 22 BYT1DJ1 10.7 0.20 Intermediate Capital 13.67 GBP 291 95.6 3,798 0.0 -10.2 -37.7 -37.8 382 5.6
9.40 46.9 1.0 2.6 0.3 2.0 Dec 21 BKFB1C6 14.2 0.26 M&G 1.96 GBP 2,589 99.8 5,063 50.0 -8.2 -1.9 -5.0 6,847 14.3
4.54 10.1 1.7 5.7 2.4 17.3 Dec 21 0240549 8.4 0.15 Schroders 26.88 GBP 226 49.3 2,999 100.0 -9.5 -24.5 -28.9 586 16.8
5.06 20.0 5.4 4.2 0.3 26.9 Dec 21 0766937 16.6 0.30 St. James's Place 11.07 GBP 543 98.5 5,917 100.0 -9.8 -34.2 -31.2 804 9.6
5.69 5.5 1.2 7.6 0.9 22.8 35,587 -7.5 -26.2 -27.0 - -
Life Insurance
7.08 21.9 0.6 4.0 0.4 2.8 Dec 21 BPQY8M8 21.2 0.61 Aviva 4.19 GBP 2,846 99.6 11,871 0.0 5.7 3.3 4.9 6,284 27.4
7.41 7.2 1.4 -3.2 0.3 20.9 Dec 21 0560399 26.7 0.77 Legal & General Grp 2.53 GBP 5,971 99.2 14,959 0.0 -3.3 -15.1 -6.6 9,691 26.1
8.23 -19.7 1.0 -4.5 0.4 -4.8 Dec 21 BGXQNP2 7.9 0.23 Phoenix Group Holdin 6.02 GBP 1,000 73.3 4,417 0.0 -6.4 -7.8 -3.4 2,312 14.8
1.52 6.1 2.0 2.6 1.3 31.4 Dec 21 0709954 44.3 1.28 Prudential 9.04 GBP 2,749 99.8 24,817 50.0 -10.2 -29.1 -36.7 4,954 47.6
4.80 8.7 1.2 8.5 0.5 13.9 56,064 -5.0 -17.7 -21.2 - -
Non-life Insurance
6.13 6.1 4.6 12.8 4.1 84.0 Dec 21 B02J639 34.6 0.24 Admiral Group 21.22 GBP 300 74.6 4,753 100.0 10.6 -30.7 -38.1 756 16.2
11.02 6.8 1.1 6.7 0.8 15.5 Dec 21 BY9D0Y1 19.8 0.14 Direct Line Insuranc 2.06 GBP 1,321 100 2,721 0.0 0.0 -26.2 -33.4 4,158 8.8
3.14 18.9 1.7 +ve 1.4 9.2 Dec 21 BVZHXQ9 21.9 0.15 Hiscox 8.98 GBP 347 96.6 3,008 100.0 0.6 4.3 -2.3 445 4.0
2.24 18.5 6.4 19.2 2.8 36.2 Mar 22 BYYTFB6 23.8 0.17 Homeserve 11.86 GBP 337 82 3,275 0.0 0.8 35.6 26.6 1,586 18.7
5.52 9.1 2.3 14.3 1.8 26.4 13,757 3.8 -13.2 -21.1 - -
Real Estate Investment & Services
1.28 27.7 72.4 26.2 16.8 +ve Dec 21 BGDT3G2 100.0 0.26 Rightmove 6.08 GBP 841 99.1 5,064 100.0 -5.0 -23.6 -13.4 1,834 11.7
1.28 27.7 72.4 26.2 16.8 +ve 5,064 -5.0 -23.6 -13.4 - -
Real Estate Investment Trusts
5.09 4.1 0.6 16.3 8.8 15.2 Mar 22 0136701 17.8 0.20 British Land Co 4.31 GBP 927 99.6 3,981 0.0 -12.4 -18.9 -18.7 2,109 9.7
3.14 10.8 0.6 20.5 10.9 5.8 Dec 21 0265274 11.0 0.13 Derwent London 24.36 GBP 112 89.7 2,455 25.0 -15.1 -28.7 -35.8 212 5.6
5.93 5.5 0.6 12.7 6.3 11.5 Mar 22 BYW0PQ6 20.7 0.24 Land Securities Grp 6.51 GBP 742 96 4,632 0.0 -11.0 -16.2 -8.2 2,210 15.4
2.65 2.8 0.8 36.5 18.9 35.2 Dec 21 B5ZN1N8 50.6 0.58 Segro 9.43 GBP 1,203 99.7 11,314 100.0 -13.9 -34.4 -26.6 2,463 25.4
3.82 3.7 0.7 21.5 11.2 21.0 22,382 -13.2 -28.0 -23.3 - -
Consumer Services
1.26 41.1 6.8 27.5 1.8 16.7 Sep 21 BD6K457 100.0 1.70 Compass Group 18.59 GBP 1,784 99.8 33,106 100.0 -2.9 12.6 23.9 2,619 50.2

5–194
August 2022 FTSE Russell

UK - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% GBP (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Consumer Services
1.26 41.1 6.8 27.5 1.8 16.7 33,106 -2.9 12.6 23.9 - -
Household Goods & Home Constr.
7.75 6.6 0.8 4.0 0.9 12.8 Jun 21 0081180 22.6 0.22 Barratt Developments 4.27 GBP 1,023 99.3 4,339 0.0 -14.7 -42.9 -42.2 2,751 12.7
6.24 6.5 0.8 5.8 0.8 12.4 Jul 21 0090498 13.2 0.13 Bellway 20.43 GBP 124 100 2,523 75.0 -16.5 -38.8 -41.9 140 3.1
0.58 8.4 1.3 -31.4 1.7 15.3 Apr 22 BLJNXL8 19.7 0.19 Berkeley Group Holdi 36.55 GBP 111 92.7 3,774 50.0 -13.8 -23.5 -24.1 348 13.7
15.92 6.0 1.3 6.0 1.3 22.0 Dec 21 0682538 24.4 0.24 Persimmon 14.76 GBP 319 99.4 4,685 0.0 -21.7 -48.3 -49.8 1,024 17.3
7.92 6.9 0.9 8.8 0.9 13.4 Dec 21 0878230 20.1 0.20 Taylor Wimpey 1.08 GBP 3,583 99.1 3,848 69.1 -14.8 -38.3 -40.8 10,492 12.4
8.17 6.8 1.0 7.3 1.1 15.0 19,169 -16.6 -40.0 -41.3 - -
Personal Goods
2.69 15.9 4.3 9.9 2.5 27.4 Apr 22 3174300 83.8 0.35 Burberry Group 17.48 GBP 397 99 6,870 100.0 -2.7 -3.8 -6.0 1,486 26.5
2.32 12.7 7.2 13.6 2.6 77.6 Mar 22 BL6NGV2 16.2 0.07 Dr Martens 2.37 GBP 1,000 56.1 1,328 0.0 -8.9 -44.7 -44.0 1,241 3.1
2.63 15.3 4.6 10.4 2.5 31.4 8,198 -3.7 -13.7 -14.9 - -
Media
0.55 20.8 1.4 16.8 4.5 6.9 Dec 21 BMJ6DW5 12.0 0.41 Informa 5.47 GBP 1,474 99.4 8,020 100.0 -8.0 5.8 3.0 0.0 0.0
5.13 5.8 1.7 15.1 0.7 34.6 Dec 21 3398649 3.6 0.12 ITV 0.64 GBP 4,025 92.4 2,393 50.0 -12.6 -41.8 -44.5 7,328 5.0
2.41 19.8 1.5 19.0 1.9 7.8 Dec 21 0677608 9.6 0.33 Pearson 8.63 GBP 748 99.6 6,435 37.6 14.0 40.7 12.4 2,052 17.9
2.26 21.1 13.5 21.4 6.0 77.4 Dec 21 B2B0DG9 62.8 2.15 RELX 22.62 GBP 1,927 96.1 41,909 100.0 -6.8 -5.8 3.7 2,050 48.7
4.19 11.6 2.3 4.0 0.6 16.7 Dec 21 B8KF9B4 11.9 0.41 WPP 7.44 GBP 1,102 96.7 7,937 0.0 -15.8 -33.5 -24.3 3,605 29.1

Country Details
2.40 17.6 3.7 13.6 2.4 21.5 66,695 -6.7 -8.3 -3.0 - -
Retailers
4.46 8.7 5.0 9.1 0.8 57.3 Mar 22 BMTRW10 16.1 0.18 B&M European Value R 3.70 GBP 1,001 93 3,445 100.0 -12.8 -41.7 -31.1 3,337 13.6
3.41 10.3 3.4 7.8 1.6 37.8 Dec 21 0557681 14.8 0.16 Howden Joinery Group 5.71 GBP 582 95.3 3,173 100.0 -15.6 -36.6 -39.6 2,240 14.3
0.56 13.5 3.0 4.6 0.7 27.4 Jan 22 BM8Q5M0 13.0 0.14 JD Sports Fashion 1.13 GBP 5,158 47.7 2,780 100.0 -12.8 -48.1 -44.1 6,920 8.5
5.34 5.1 0.7 4.6 0.4 13.9 Jan 22 3319521 21.9 0.24 Kingfisher 2.32 GBP 2,017 99.9 4,679 0.0 -10.2 -31.4 -33.7 6,169 15.1
2.19 11.2 7.5 8.6 1.6 81.6 Jan 22 3208986 34.1 0.37 Next 58.12 GBP 131 95.6 7,289 100.0 -14.6 -27.2 -25.0 333 21.0
3.22 8.6 2.1 6.6 0.8 25.6 21,366 -13.3 -35.4 -34.3 - -
Travel and Leisure
0.00 -3.3 1.0 -2.6 1.9 -36.8 Sep 21 B7KR2P8 3.0 0.07 Easyjet 3.60 GBP 758 49 1,336 25.0 -9.9 -35.3 -46.3 3,358 13.0
0.67 15.0 2.3 11.8 1.9 16.1 Dec 21 B5VQMV6 16.9 0.38 Entain 12.73 GBP 588 99.4 7,445 100.0 5.9 -24.4 -34.1 3,055 39.3
0.00 70.1 1.8 35.0 3.1 2.6 Dec 21 BWXC0Z1 42.8 0.97 Flutter Entertainmen 107.65 GBP 176 99.9 18,904 100.0 30.8 -8.5 -23.7 363 36.2
1.40 39.8 -7.9 18.7 5.1 N/A Dec 21 BHJYC05 19.5 0.44 InterContinental Hot 46.91 GBP 184 99.8 8,618 100.0 -3.2 -1.9 1.3 433 21.3
0.00 -2.3 8.0 -44.1 0.7 -ve Dec 21 B5M6XQ7 2.7 0.06 International Consol 1.08 GBP 4,967 22.5 1,209 75.0 -8.9 -24.0 -32.1 12,088 13.8
0.00 -1.2 -2.5 -4.9 0.6 N/A Sep 21 B11LJN4 3.6 0.08 TUI AG 1.32 GBP 1,785 67.9 1,606 0.0 0.2 -42.8 -50.5 3,954 5.6
1.39 79.8 1.2 9.9 3.0 1.6 Mar 22 B1KJJ40 11.4 0.26 Whitbread 25.04 GBP 202 99.8 5,049 100.0 -3.6 -16.4 -21.9 613 15.8
0.54 -35.0 2.5 34.5 2.4 -0.6 44,168 10.3 -14.4 -24.2 - -
Beverages
3.08 15.3 2.8 7.7 1.2 19.0 Dec 21 B9895B7 4.4 0.20 Coca-Cola HBC AG 19.70 GBP 366 53.4 3,861 100.0 -2.1 -22.9 -25.1 940 18.9
2.02 26.3 11.1 22.0 5.6 44.8 Jun 22 0237400 95.6 4.36 Diageo 37.64 GBP 2,299 98 84,851 100.0 -3.0 -6.7 7.7 2,139 82.5
2.07 25.5 9.8 20.3 4.8 40.8 88,712 -3.0 -7.6 5.8 - -
Food Producers

5–195
2.25 21.9 1.2 8.8 0.9 5.7 Sep 21 0673123 63.4 0.27 Assoc British Foods 15.25 GBP 792 43.8 5,297 100.0 -8.8 -24.1 -22.4 673 10.9
3.05 12.1 1.9 22.4 2.2 16.4 Mar 22 BP92CJ4 36.6 0.16 Tate & Lyle 7.64 GBP 402 99.8 3,064 50.0 -4.8 14.9 7.7 975 7.7
2.54 16.9 1.4 11.3 1.1 8.6 8,361 -7.4 -12.2 -12.7 - -
Tobacco
6.28 11.1 1.2 9.5 3.1 11.1 Dec 21 0287580 81.3 4.01 British Amer Tobacco 34.52 GBP 2,275 99.4 78,073 100.0 7.2 26.3 26.5 2,368 80.0
7.36 5.5 3.4 10.2 1.1 64.3 Sep 21 0454492 18.7 0.92 Imperial Brands 18.97 GBP 950 99.4 17,931 50.0 5.4 17.3 23.0 1,346 25.3
6.48 9.3 1.4 9.6 2.3 15.0 96,004 6.8 24.5 25.8 - -
Personal Care, Drug & Grocery St.
0.00 -41.2 3.8 -ve 2.4 -8.7 Nov 21 B3MBS74 2.5 0.22 Ocado Group 7.26 GBP 825 69.8 4,184 100.0 -13.5 -56.7 -63.9 1,618 13.8
2.63 +ve 6.4 28.0 3.6 1.2 Dec 21 B24CGK7 25.0 2.17 Reckitt Benckiser Gr 66.48 GBP 715 88.7 42,187 100.0 0.0 4.8 20.0 762 50.6
6.44 5.7 0.6 4.7 0.2 11.2 Mar 22 B019KW7 2.1 0.18 Sainsbury (J) 2.03 GBP 2,339 73.5 3,497 0.0 -8.0 -26.3 -33.1 4,305 9.3
4.38 10.7 1.2 5.0 0.3 12.6 Feb 22 BLGZ986 11.1 0.96 Tesco 2.49 GBP 7,616 98.6 18,692 75.0 -5.3 -14.2 -2.5 10,941 28.6
0.00 -17.2 0.4 -ve 0.3 -2.7 Dec 21 BMTV739 0.3 0.03 THG 0.55 GBP 1,221 77.7 522 0.0 -19.7 -76.0 -91.1 6,220 4.0
3.67 37.0 14.0 29.9 4.5 38.8 Dec 21 B10RZP7 59.0 5.12 Unilever 39.26 GBP 2,556 99.2 99,560 100.0 -1.9 -0.5 -3.0 2,430 96.2
3.45 34.8 6.0 21.2 1.9 18.0 168,643 -2.4 -5.3 -5.7 - -
Construction and Materials
2.87 12.6 1.6 7.8 1.1 13.2 Dec 21 0182704 100.0 1.25 CRH 31.76 GBP 765 99.9 24,262 75.0 1.1 -18.6 -17.9 748 24.0
2.87 12.6 1.6 7.8 1.1 13.2 24,262 1.1 -18.6 -17.9 - -
Aerospace and Defense
3.23 12.6 3.3 10.7 1.3 32.3 Dec 21 0263494 65.9 1.26 BAE Systems 7.76 GBP 3,156 99.8 24,467 50.0 0.8 41.2 36.6 6,116 48.7
0.00 37.7 2.9 59.3 4.2 7.9 Dec 21 0575809 16.8 0.32 Meggitt 7.98 GBP 783 99.6 6,228 75.0 1.0 8.2 -3.7 1,237 9.8
0.00 14.6 -1.4 -12.2 0.6 N/A Dec 21 B63H849 17.3 0.33 Rolls-Royce Holdings 0.77 GBP 8,368 99.9 6,442 100.0 -13.7 -37.3 -33.0 28,665 23.8
2.13 14.5 7.5 20.0 1.2 26.0 37,137 -2.0 11.4 9.3 - -
Electronic and Electrical Equipment
0.91 26.3 5.6 34.3 5.2 23.3 Mar 22 0405207 65.1 0.40 Halma 20.75 GBP 380 99.6 7,854 100.0 -9.7 -35.2 -30.9 549 12.3
2.10 13.2 3.8 11.7 1.6 28.8 Dec 21 BGLP8L2 24.4 0.15 IMI 11.49 GBP 261 98.4 2,949 50.0 -13.9 -33.8 -37.0 277 3.4

5–195
FTSE All-World Review August 2022

UK - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% GBP (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Electronic and Electrical Equipment
1.84 22.1 3.8 19.9 4.8 19.4 Jun 21 0732358 10.5 0.06 Renishaw 36.96 GBP 73 46.9 1,262 100.0 -14.8 -22.7 -31.6 49 2.0
1.30 20.8 4.8 22.1 3.3 24.7 12,065 -11.3 -33.7 -32.6 - -
General Industrials
1.99 17.3 4.4 14.2 0.9 27.1 Dec 21 B0744B3 24.6 0.50 Bunzl 28.61 GBP 337 99.8 9,639 100.0 -6.8 -0.8 8.5 743 22.9
1.28 +ve 0.8 18.8 0.9 0.0 Dec 21 BNR5MZ7 15.1 0.30 Melrose Industries 1.37 GBP 4,372 98.9 5,905 100.0 -15.0 -14.6 -18.6 8,908 13.1
3.81 14.2 2.5 10.2 1.4 18.0 Dec 21 B1CRLC4 18.1 0.36 Mondi 14.66 GBP 486 99.6 7,097 50.0 -5.4 -19.7 -26.9 1,649 25.6
4.82 8.8 0.9 4.0 0.5 10.8 Apr 22 0822011 8.7 0.18 Smith (DS) 2.68 GBP 1,376 92.8 3,419 75.0 -8.1 -30.3 -39.5 3,476 9.8
2.57 15.8 2.4 11.1 2.3 15.0 Jul 21 B1WY233 14.4 0.29 Smiths Group 14.91 GBP 379 99.9 5,644 75.0 -3.3 -5.6 3.4 805 12.4
3.64 12.1 2.0 8.8 0.9 17.6 Dec 21 B1RR840 19.2 0.39 Smurfit Kappa Group 28.94 GBP 260 100 7,530 0.0 -2.5 -28.7 -30.6 232 7.0
2.86 16.2 1.7 10.0 1.0 11.5 39,234 -6.7 -16.3 -17.8 - -
Industrial Engineering
1.29 29.4 7.7 29.0 5.8 28.3 Dec 21 BWFGQN1 67.2 0.40 Spirax-Sarco Eng 105.35 GBP 74 99.6 7,741 100.0 -11.7 -34.4 -34.6 127 14.4
1.63 20.1 2.6 33.2 2.0 13.7 Dec 21 0946580 32.8 0.19 Weir Group 14.58 GBP 260 99.6 3,772 100.0 -12.7 -14.8 -16.8 526 8.2
1.40 25.6 4.7 30.2 3.5 19.6 11,513 -12.1 -29.0 -29.7 - -
Industrial Support Services
3.54 12.2 1.6 10.2 0.3 14.2 Mar 22 0242493 6.5 0.25 DCC 49.63 GBP 99 100 4,896 50.0 -7.2 -18.0 -19.7 125 6.5
1.56 19.6 8.0 18.3 5.2 46.9 Mar 22 B19NLV4 31.8 1.24 Experian 26.23 GBP 922 99.6 24,100 100.0 -8.4 -27.8 -18.1 1,118 31.6
1.85 17.5 6.2 19.0 1.3 36.3 Jul 21 BJVNSS4 28.4 1.11 Ferguson 99.86 GBP 216 99.9 21,538 75.0 -3.0 -23.8 -4.9 339 34.7
2.67 19.0 5.9 11.6 2.3 32.7 Dec 21 3163836 8.4 0.33 Intertek Group 39.59 GBP 161 99.8 6,382 100.0 -9.5 -29.7 -24.9 323 13.5
1.29 27.5 7.7 17.1 3.3 29.5 Dec 21 B082RF1 12.8 0.50 Rentokil Initial 5.21 GBP 1,864 99.9 9,709 100.0 -3.7 -10.8 -10.2 4,734 25.4
1.66 19.7 4.6 25.2 2.0 25.9 Mar 22 0309644 6.7 0.26 RS Group 10.86 GBP 471 99.9 5,111 0.0 5.1 -10.0 2.1 1,136 12.4
4.48 6.0 0.8 5.4 0.4 12.1 Dec 21 BK9RKT0 2.4 0.09 Travis Perkins 8.49 GBP 210 100 1,784 0.0 -19.4 -45.4 -51.8 659 6.1
0.00 +ve 12.2 1.6 8.9 13.9 Mar 22 BL9YR75 3.0 0.12 Wise 4.87 GBP 1,025 45.4 2,265 3.3 -35.7 -51.3 1,798 8.9
1.86 18.3 4.9 12.6 1.4 28.1 75,785 -5.5 -24.2 -14.4 - -
Industrial Transportation
1.51 18.7 4.7 17.0 3.2 27.7 Apr 22 0053673 88.6 0.96 Ashtead Group 42.50 GBP 444 99.4 18,743 100.0 -7.4 -28.5 -25.3 646 28.9
7.26 3.7 0.5 2.4 0.2 14.0 Mar 22 BDVZYZ7 11.4 0.12 Royal Mail 2.76 GBP 956 91.5 2,412 0.0 -2.6 -45.6 -42.1 3,105 8.4
2.17 12.8 2.4 10.0 1.2 20.0 21,155 -6.9 -31.0 -27.0 - -
Industrial Metals and Mining
6.94 5.9 1.8 3.1 1.2 31.8 Dec 21 B1XZS82 22.2 1.72 Anglo American 27.83 GBP 1,338 90.1 33,561 75.0 -5.7 -6.8 -8.4 2,566 74.3
9.83 11.6 1.8 3.9 2.0 15.9 Dec 21 0045614 2.5 0.20 Antofagasta 11.01 GBP 986 35 3,807 100.0 -5.0 -17.7 -24.4 1,161 13.3
3.02 16.7 2.1 7.6 0.4 13.1 Dec 21 B4T3BW6 41.0 3.18 Glencore 4.73 GBP 13,159 99.3 61,889 0.0 2.5 26.2 45.8 34,182 164.0
11.07 5.0 2.1 4.1 1.7 42.8 Dec 21 0718875 34.3 2.67 Rio Tinto 47.71 GBP 1,249 87 51,865 50.0 -3.1 -1.7 -10.7 2,220 108.3
6.83 7.6 2.0 4.6 0.7 29.1 151,122 -1.6 3.9 3.2 - -
Precious Metals and Mining
3.19 13.8 1.6 6.8 2.2 12.0 Dec 21 B2QPKJ1 100.0 0.07 Fresnillo 6.89 GBP 737 25 1,269 100.0 -6.6 -22.9 -19.4 587 4.2
3.19 13.8 1.6 6.8 2.2 12.0 1,269 -6.6 -79.9 -81.1 - -
Chemicals
1.49 26.2 5.4 26.9 5.0 21.4 Dec 21 BJFFLV0 71.3 0.47 Croda International 67.26 GBP 140 96.4 9,049 100.0 -10.1 -33.5 -26.5 268 19.2
3.82 -59.8 1.5 7.1 0.2 -2.4 Mar 22 BZ4BQC7 28.7 0.19 Johnson Matthey 20.15 GBP 184 98 3,638 50.0 -5.7 -1.5 -31.4 406 8.7
2.16 44.6 3.1 14.9 0.7 6.9 12,687 -8.9 -26.4 -28.0 - -
Oil Gas and Coal
3.94 14.8 1.5 5.0 0.8 10.8 Dec 21 0798059 32.9 4.33 BP 4.42 GBP 19,529 97.8 84,346 24.4 10.4 33.6 48.7 39,978 172.2
3.20 11.0 1.4 5.7 0.9 13.0 Dec 21 BP6MXD8 67.1 8.83 Shell Plc 22.90 GBP 7,506 99.9 171,872 0.0 5.1 41.2 60.0 10,807 241.4
3.45 12.0 1.4 5.5 0.8 12.3 256,218 6.8 38.6 56.1 - -
Electricity
5.19 6.5 2.2 10.8 2.0 40.8 Mar 22 0790873 100.0 0.91 SSE 16.53 GBP 1,068 99.9 17,634 0.0 -6.5 0.2 1.2 2,772 49.3
5.19 6.5 2.2 10.8 2.0 40.8 17,634 -6.5 0.2 1.2 - -
Gas Water and Multi-utilities
0.00 5.8 1.9 3.2 0.2 46.6 Dec 21 B033F22 7.4 0.23 Centrica 0.76 GBP 5,908 99.8 4,469 0.0 -13.6 5.9 45.8 20,206 16.4
4.73 14.8 1.6 7.3 2.2 12.1 Mar 22 BDR05C0 65.0 2.02 National Grid 10.78 GBP 3,647 99.8 39,255 0.0 -4.7 1.7 14.5 4,662 53.2
4.13 +ve 1.9 9.7 3.1 0.9 Mar 22 BNNTLN4 4.1 0.13 Pennon Group 9.34 GBP 265 99.6 2,466 25.0 -7.0 -20.0 -25.2 688 6.8
3.66 -ve 5.5 9.9 3.6 -4.2 Mar 22 B1FH8J7 11.6 0.36 Severn Trent 27.87 GBP 250 99.9 6,974 50.0 -5.5 -5.4 0.9 481 14.2
4.12 -ve 2.4 7.7 3.9 -0.5 Mar 22 B39J2M4 11.9 0.37 United Utilities Gro 10.57 GBP 682 99.9 7,202 0.0 -3.1 -3.0 -0.1 1,651 18.4
4.16 17.9 1.9 7.0 1.5 11.3 60,366 -5.4 -0.6 10.1 - -
FTSE UK
3.66 12.9 1.8 10.3 1.4 15.0 1,946,046 -2.0 -1.5 1.8 - -

5–196
August 2022 FTSE Russell

USA - Overview WORLD/DEVELOPED

ABSOLUTE PERFORMANCE Top and Bottom Performers (local currency)

1 Month 12 Months
Name Sector Price Chg% Name Sector Price Chg%
Alnylam Pharmaceutic Pharmaceuticals & Biotechnology 206.67 45.50 Occidental Petroleum Oil Gas and Coal 71.00 176.37
THE TRADE DESK Media 62.70 39.33 Devon Energy Oil Gas and Coal 70.62 138.98
Plug Power Inc Alternative Energy 28.04 31.40 CF Industries Holdin Chemicals 103.46 127.79
Farfetch Retailers 10.03 26.32 Coterra Energy Inc Oil Gas and Coal 30.91 99.17
AMC Entertainment Media 9.12 25.27 ConocoPhillips Oil Gas and Coal 109.45 97.10

Ball Corp General Industrials 55.81 -23.99 Roku Telecommunications Service Prov. 68.00 -80.70
Elanco Animal Health Pharmaceuticals & Biotechnology 15.13 -25.32 Wayfair Retailers 52.71 -81.23
Palantir Technologie Software and Computer Services 7.72 -25.41 RingCentral Software and Computer Services 43.04 -82.94
Horizon Therapeutics Pharmaceuticals & Biotechnology 59.21 -28.64 Peloton Interactive Travel and Leisure 10.19 -89.83
Applovin Software and Computer Services 24.63 -30.70 Carvana Retailers 32.99 -89.94

WEIGHTED CONTRIBUTION Top and Bottom Contributors (local currency)

1 Month 12 Months
Name Sector Price Wgt % Cont% Name Sector Price Wgt % Cont%
ConocoPhillips Oil Gas and Coal 109.45 0.41 0.04 Exxon Mobil Corp Oil Gas and Coal 95.59 1.16 0.43
Disney (Walt) Co. Media 112.08 0.59 0.03 Chevron Oil Gas and Coal 158.06 0.89 0.29
Uber Technologies Consumer Services 28.76 0.16 0.03 Unitedhealth Group Health Care Providers 519.33 1.40 0.24

Country Details
Meta Platforms Inc Software and Computer Services 162.93 1.07 0.02 Apple Inc. Technology Hardware & Equip. 157.22 6.91 0.21
PayPal Holdings Industrial Support Services 93.44 0.31 0.02 Tesla Automobiles and Parts 275.61 2.01 0.18

Tesla Automobiles and Parts 275.61 2.01 -0.15 Alphabet Class A Software and Computer Services 108.22 1.87 -0.54
Amazon.Com Retailers 126.77 3.24 -0.20 PayPal Holdings Industrial Support Services 93.44 0.31 -0.56
Nvidia Technology Hardware & Equip. 150.94 1.04 -0.20 Microsoft Corp Software and Computer Services 261.47 5.62 -0.75
Apple Inc. Technology Hardware & Equip. 157.22 6.91 -0.22 Amazon.Com Retailers 126.77 3.24 -0.99
Microsoft Corp Software and Computer Services 261.47 5.62 -0.40 Meta Platforms Inc Software and Computer Services 162.93 1.07 -1.25

FTSE USA Index Performance % FTSE USA Index Volatility %

180 100
170 90
160 80
150 70
140 60
130 50
120 40

5–197
110 30
100 20
90 10
80 0
Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21
Country Value Growth vol 1m vol 3m

5–197
FTSE All-World Review August 2022

USA - Industry/Sector/Style Summary WORLD/DEVELOPED

Capital Return Total Return MCap Index No of Wgtd

Yld% P/E P/B P/CE P/S ROE Industry/Sector Index 1M% YTD% 12M% Index 1M % YTD % 12M % USD (mn) Wgt % Stocks Cont1M%
0.78 23.0 8.2 18.3 5.5 36.3 Technology 2904.36 -6.07 -26.57 -21.47 4345.95 -5.95 -26.21 -20.94 9,692,720 27.88 98 -1.73
0.55 24.9 7.2 18.2 6.1 30.6 Software and Computer Services 3097.06 -5.55 -29.25 -29.15 4441.51 -5.45 -28.99 -28.83 5,390,965 15.51 66 -0.87
1.06 21.0 10.0 18.4 4.8 50.5 Technology Hardware & Equip. 3074.02 -6.71 -22.92 -9.19 4837.34 -6.56 -22.40 -8.32 4,301,755 12.37 32 -0.85
3.48 8.4 1.9 5.8 1.5 23.9 Telecommunications 342.81 -4.04 -21.56 -27.52 1084.93 -4.01 -19.75 -25.28 909,322 2.62 17 -0.11
2.67 17.3 5.7 16.1 4.0 29.1 Telecommunications Equipment 988.82 -0.34 -25.29 -16.67 1405.23 -0.32 -23.97 -14.68 266,499 0.77 5 0.00
3.81 7.0 1.5 4.6 1.2 23.3 Telecommunications Service Prov. 201.50 -5.49 -20.09 -31.10 468.73 -5.46 -18.09 -28.79 642,822 1.85 12 -0.10
1.68 17.2 4.7 15.2 2.4 28.5 Health Care 2965.97 -6.20 -12.60 -9.81 5839.55 -6.10 -11.69 -8.41 4,634,610 13.33 75 -0.85
1.05 19.9 4.1 16.4 1.1 18.9 Health Care Providers 9884.51 -3.38 -0.10 13.25 15866.40 -3.38 0.44 14.45 932,043 2.68 11 -0.09
0.83 21.1 4.1 20.3 4.5 20.9 Medical Equipment and Services 7507.78 -6.97 -24.92 -24.01 12010.80 -6.96 -24.58 -23.47 1,456,035 4.19 35 -0.30
2.49 14.7 5.6 12.7 3.2 41.2 Pharmaceuticals & Biotechnology 2155.34 -6.83 -7.74 -6.72 4772.28 -6.63 -6.21 -4.51 2,246,532 6.46 29 -0.45
2.27 8.9 1.5 8.8 2.2 17.3 Financials 1040.02 -2.30 -15.83 -13.79 2455.68 -2.13 -14.68 -12.04 3,692,152 10.62 81 -0.24
3.19 7.7 1.1 5.9 2.5 14.5 Banks 505.96 -1.94 -21.49 -20.31 1506.80 -1.74 -19.99 -18.17 1,271,535 3.66 21 -0.07
1.11 24.1 11.4 21.0 8.2 46.2 Finance and Credit Services 2556.15 -6.13 -25.11 -22.55 4703.25 -5.93 -24.53 -21.81 227,364 0.65 5 -0.04
1.71 9.0 1.6 16.8 2.7 19.2 Investment Banking & Brokerage 2505.42 -3.29 -15.46 -13.37 4637.13 -3.18 -14.60 -12.04 1,404,061 4.04 25 -0.13
13.06 5.8 0.8 3.7 5.6 13.9 Mortgage Real Estate Invt Trusts 722.40 -5.86 -18.79 -26.17 848.17 -5.52 -12.85 -17.26 16,908 0.05 2 0.00
3.40 7.1 1.1 5.1 0.8 15.6 Life Insurance 804.21 0.81 -3.53 -1.43 1914.88 1.48 -1.28 1.66 153,122 0.44 6 0.00
1.48 10.2 1.9 8.3 1.5 19.2 Non-life Insurance 1530.48 0.11 -1.83 2.55 2651.38 0.20 -0.98 4.16 619,162 1.78 22 0.00
2.92 32.0 3.5 22.9 7.2 10.8 Real Estate 1064.53 -5.66 -18.99 -12.89 1103.30 -5.56 -17.73 -10.61 1,047,821 3.01 37 -0.17
0.00 29.2 3.2 +ve 1.6 7.1 Real Estate Investment & Services 78.31 -5.71 -24.89 -29.66 200.22 -5.71 -24.89 -29.66 60,724 0.17 4 -0.01
3.09 32.2 3.5 21.6 9.1 11.2 Real Estate Investment Trusts 149.16 -5.66 -18.56 -11.52 708.79 -5.55 -17.23 -9.04 987,097 2.84 33 -0.16
0.84 24.7 7.1 21.7 2.0 25.4 Consumer Discretionary 3266.96 -3.45 -25.33 -20.93 5492.44 -3.32 -24.92 -20.34 5,155,703 14.83 102 -0.51
0.47 26.9 5.4 20.1 2.3 23.5 Automobiles and Parts 1105.64 -5.78 -24.07 4.19 3134.20 -5.69 -23.88 4.55 921,139 2.65 12 -0.16
0.37 11.4 5.3 37.6 4.1 54.9 Consumer Services 3586.40 4.54 -32.26 -39.50 5459.93 4.64 -32.06 -39.28 156,182 0.45 6 0.02
1.94 6.1 1.6 10.3 0.8 27.1 Household Goods & Home Constr. 1719.18 -8.45 -31.59 -26.03 3865.39 -8.18 -30.70 -24.80 80,853 0.23 7 -0.02
1.01 22.5 4.1 23.8 4.5 19.1 Leisure Goods 765.34 -3.82 -10.39 -18.61 1475.40 -3.76 -9.75 -17.85 152,906 0.44 6 -0.02
1.16 25.3 10.4 26.5 3.4 43.1 Personal Goods 2583.75 -6.69 -33.92 -32.58 5324.03 -6.64 -33.55 -32.04 236,512 0.68 4 -0.05
0.44 15.0 2.9 27.8 2.4 20.4 Media 1167.84 3.09 -41.38 -44.82 1808.11 3.14 -41.22 -44.62 465,635 1.34 17 0.04
0.87 25.6 11.0 20.6 1.6 38.4 Retailers 5301.98 -3.99 -22.52 -19.03 8118.57 -3.85 -22.06 -18.37 2,453,104 7.06 24 -0.28
1.28 +ve 23.3 24.4 3.7 -17.5 Travel and Leisure 1941.10 -2.31 -20.12 -19.12 3244.79 -2.04 -19.43 -18.21 689,371 1.98 26 -0.04
2.86 21.4 5.3 14.7 1.2 21.3 Consumer Staples 1833.58 -1.04 -2.24 5.30 4410.12 -0.93 -0.57 8.32 2,047,267 5.89 37 -0.06
2.48 29.3 7.6 20.2 4.1 26.3 Beverages 3047.09 -3.24 0.82 8.33 7131.17 -3.22 2.14 11.12 614,503 1.77 8 -0.06
2.33 18.0 2.6 15.4 1.4 15.0 Food Producers 2070.67 0.32 6.96 16.05 4800.48 0.65 8.68 18.84 425,020 1.22 15 0.00
6.21 19.6 -19.6 11.3 4.4 +ve Tobacco 3656.48 -0.13 -1.41 -8.30 16645.50 -0.13 1.61 -2.61 229,461 0.66 2 0.00
2.47 19.9 5.1 12.9 0.7 24.1 Personal Care, Drug & Grocery St. 1134.20 -0.26 -8.86 2.39 1933.71 -0.17 -7.34 4.79 778,283 2.24 12 -0.01
1.47 19.8 4.7 16.5 2.7 24.4 Industrials 1997.64 -4.05 -16.92 -18.25 3991.01 -3.84 -16.11 -17.17 4,174,264 12.01 96 -0.49
1.32 21.3 3.8 16.9 1.9 18.1 Construction and Materials 1120.64 -2.76 -24.99 -22.12 2062.63 -2.64 -24.40 -21.22 154,219 0.44 8 -0.01
1.62 24.2 4.5 22.2 1.9 19.1 Aerospace and Defense 1869.92 -1.14 3.55 2.81 3913.21 -0.85 4.75 4.45 574,373 1.65 12 -0.02
1.14 21.5 4.7 19.0 3.3 24.0 Electronic and Electrical Equipment 3793.03 -6.74 -25.96 -25.56 7222.76 -6.60 -25.43 -24.82 317,450 0.91 15 -0.06
2.10 18.4 3.7 16.9 2.1 20.0 General Industrials 474.43 -5.86 -22.58 -23.73 1111.77 -5.51 -21.52 -22.34 622,854 1.79 14 -0.11
1.88 15.9 5.0 15.3 2.0 29.5 Industrial Engineering 2023.41 -3.06 -11.55 -16.42 4002.67 -2.93 -10.52 -15.03 319,096 0.92 8 -0.03
0.97 21.3 5.3 17.1 5.0 25.4 Industrial Support Services 6644.23 -4.40 -19.70 -24.57 10050.20 -4.32 -19.20 -23.92 1,575,628 4.53 25 -0.20
2.00 16.6 5.2 12.0 1.9 34.3 Industrial Transportation 2591.67 -3.27 -13.56 -4.13 4900.00 -2.87 -12.38 -2.37 610,645 1.76 14 -0.06
2.50 13.8 3.0 10.0 2.0 23.4 Basic Materials 906.49 -3.33 -15.80 -11.25 2172.95 -3.15 -14.63 -9.29 606,596 1.74 20 -0.06
3.06 11.6 2.8 9.9 1.1 25.7 Industrial Materials 474.42 -3.14 -12.09 -22.23 1395.67 -2.62 -10.34 -20.20 30,292 0.09 2 0.00
2.08 8.1 3.3 7.3 1.5 46.9 Industrial Metals and Mining 487.88 -3.01 -12.53 -5.90 1112.33 -2.96 -11.35 -4.13 125,347 0.36 5 -0.01
5.32 30.2 1.5 7.8 2.7 4.9 Precious Metals and Mining 374.28 -8.66 -33.31 -28.68 674.11 -8.66 -32.29 -26.17 32,813 0.09 1 -0.01
2.36 16.9 3.1 11.5 2.2 20.2 Chemicals 1637.66 -2.99 -15.26 -10.06 4173.37 -2.79 -14.12 -8.12 418,143 1.20 12 -0.04
3.49 20.4 2.8 9.6 1.6 14.8 Energy 1009.08 2.16 43.96 66.61 2940.38 2.76 47.81 72.93 1,634,206 4.70 23 0.10
3.64 19.6 2.7 9.2 1.5 14.9 Oil Gas and Coal 1219.39 2.31 44.92 68.71 3733.65 2.94 48.92 75.38 1,567,089 4.51 20 0.10
0.00 -ve 11.5 +ve 18.0 -1.8 Alternative Energy 1211.17 -1.26 24.31 28.77 1211.17 -1.26 24.31 28.77 67,117 0.19 3 0.00
2.72 29.9 2.5 15.6 2.7 8.4 Utilities 805.76 0.45 3.17 8.99 3506.91 0.84 5.12 12.15 1,173,942 3.38 34 0.01
2.80 32.2 2.4 15.6 2.5 7.4 Electricity 847.21 1.05 2.94 9.38 3776.05 1.45 4.96 12.69 809,804 2.33 24 0.02
2.92 23.5 2.2 15.2 3.6 9.7 Gas Water and Multi-utilities 1008.34 -2.13 4.55 7.22 4370.11 -1.65 6.70 10.50 264,701 0.76 8 -0.02
1.46 35.0 7.7 16.2 3.9 21.9 Waste and Disposal Services 1417.52 2.78 1.59 10.68 1446.71 2.78 2.40 12.38 99,437 0.29 2 0.01
1.63 18.1 4.0 14.5 2.5 22.5 FTSE USA 1659.40 -4.09 -17.90 -14.25 3578.17 -3.93 -17.06 -12.99 34,768,603 100.00 620 -

5–198
August 2022 FTSE Russell

USA - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% USD (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Software and Computer Services
0.00 34.1 11.9 24.4 11.2 36.9 Dec 21 2008154 3.3 0.51 Adobe 373.44 USD 473 99.7 176,054 100.0 -8.9 -34.1 -43.7 1,043 435.1
0.00 20.8 3.2 10.3 4.2 15.9 Dec 21 2507457 0.3 0.04 Akamai Technologies 90.28 USD 161 98.3 14,281 100.0 -6.2 -22.9 -20.3 678 64.3
0.00 18.5 5.7 15.6 5.5 32.4 Dec 21 BYVY8G0 12.1 1.87 Alphabet Class A 108.22 USD 6,015 99.9 650,334 100.0 -7.0 -25.3 -25.2 9,212 1,067.7
0.00 18.7 5.7 15.7 5.6 32.4 Dec 21 BYY88Y7 11.1 1.72 Alphabet Class C 109.15 USD 6,268 87.5 599,034 100.0 -6.4 -24.6 -25.0 7,888 919.3
1.85 13.9 3.0 11.5 2.5 21.2 Sep 21 2256908 0.2 0.03 Amdocs 85.47 USD 125 98.1 10,452 0.0 -1.8 14.2 11.0 254 22.2
0.00 40.7 4.8 39.3 11.3 12.4 Dec 21 2045623 0.4 0.06 ANSYS Inc 248.30 USD 87 99.7 21,555 100.0 -11.0 -38.1 -32.0 216 59.5
0.00 21.8 4.4 25.8 3.3 54.2 Dec 21 BMV3LG4 0.1 0.02 Applovin 24.63 USD 300 74.7 5,529 -30.7 -73.9 -65.0 1,359 44.4
0.00 -ve +ve 70.9 22.2 -ve Jun 22 BZ09BD1 0.6 0.10 Atlassian 247.66 USD 141 96.7 33,823 0.0 18.3 -35.0 -32.5 824 218.0
0.00 74.3 51.7 28.7 10.0 65.1 Jan 22 2065159 0.8 0.13 Autodesk 201.74 USD 218 99.8 43,837 100.0 -6.7 -28.3 -34.9 637 139.2
0.00 62.8 17.5 43.5 16.0 29.2 Jan 22 2302232 0.9 0.14 Cadence Design Sys 173.77 USD 276 98.7 47,321 100.0 -6.6 -6.8 6.3 829 152.7
0.00 -ve 4.1 +ve 8.9 -2.4 Dec 21 BFX1V56 0.2 0.02 Ceridian HCM Holding 59.64 USD 153 89.4 8,144 0.0 8.9 -42.9 -46.9 455 29.0
0.00 19.1 5.1 13.3 7.4 25.4 Dec 21 2181334 0.2 0.03 Check Point Software 120.24 USD 129 77.4 12,021 100.0 -3.5 3.2 -4.3 372 45.1
1.44 28.0 23.8 19.4 4.0 +ve Dec 21 2182553 0.2 0.04 Citrix Systems 102.77 USD 127 99.3 12,922 100.0 1.3 8.6 -0.1 296 30.3
0.00 37.7 0.8 24.6 4.3 2.1 Dec 21 BJJN444 0.1 0.02 Clarivate Plc (A) 11.67 USD 684 69.9 5,579 0.0 -19.5 -50.4 -53.7 1,743 22.8
0.00 -68.4 21.6 +ve 26.8 -31.5 Dec 21 BJXC5M2 0.3 0.05 Cloudflare 62.57 USD 281 99.1 17,448 0.0 24.3 -52.4 -48.2 1,494 103.1
1.71 14.2 2.7 13.2 1.8 20.3 Dec 21 2257019 0.6 0.09 Cognizant Tech Sltns 63.17 USD 521 99.6 32,817 100.0 -7.0 -28.8 -17.2 1,296 87.5
0.00 -18.0 4.9 26.2 6.1 -25.4 Jan 22 BD87XR1 0.1 0.01 Coupa Software 58.40 USD 76 99.4 4,384 0.0 -10.7 -63.0 -76.1 584 39.7
0.00 -ve 41.3 73.6 29.2 -23.4 Jan 22 BJJP138 0.7 0.11 CrowdStrike Holdings 182.61 USD 213 98.4 38,322 0.0 -0.5 -10.8 -35.0 1,318 253.5
0.00 -ve 31.8 +ve 32.1 -1.6 Dec 21 BKT9Y49 0.5 0.08 Datadog 104.95 USD 283 91.1 27,072 0.0 2.9 -41.1 -23.8 1,795 197.0

Country Details
1.72 4.5 -16.4 2.7 0.3 +ve Jan 22 BHKD3S6 0.2 0.03 Dell Technologies 38.29 USD 274 97.2 10,220 0.0 -15.0 -31.8 -22.6 1,251 55.1
0.00 -ve 42.2 23.0 5.5 -15.0 Jan 22 BFYT7B7 0.2 0.03 Docusign 58.22 USD 200 98.6 11,478 0.0 -9.0 -61.8 -80.3 1,285 85.7
0.00 -46.6 4.5 30.6 4.3 -9.7 Dec 21 BN13P03 0.3 0.04 DoorDash 59.90 USD 321 77.7 14,939 0.0 -14.1 -59.8 -68.7 1,813 130.7
0.00 48.8 9.8 42.6 6.5 22.3 Dec 21 B44Z3T8 0.4 0.07 Epam Systems 426.50 USD 57 95.8 23,362 0.0 22.1 -36.2 -32.6 134 56.8
0.00 25.0 4.0 14.7 3.6 16.5 Sep 21 2427599 0.2 0.03 F5 Inc 157.06 USD 61 99.7 9,474 100.0 -6.2 -35.8 -22.8 194 32.6
0.00 62.4 49.9 26.0 11.7 76.4 Dec 21 B5B2106 0.6 0.09 Fortinet 48.69 USD 801 81.6 31,871 0.0 -18.4 -32.3 -22.7 2,459 129.5
0.00 25.4 61.9 17.5 4.9 +ve Dec 21 2372763 0.4 0.06 Gartner 285.32 USD 81 96.8 22,255 100.0 7.5 -14.7 -7.6 171 50.9
0.00 33.2 +ve 14.8 3.2 +ve Dec 21 BWFRFC6 0.2 0.04 GoDaddy 75.82 USD 162 99.8 12,247 100.0 2.2 -10.7 3.4 267 21.0
3.53 4.7 0.9 3.0 0.6 21.0 Oct 21 BYVYWS0 0.3 0.05 Hewlett Packard Ente 13.60 USD 1,300 99.7 17,629 0.0 -4.5 -13.8 -12.0 4,024 57.6
0.00 -ve 18.4 67.4 12.4 -6.5 Dec 21 BR4T3B3 0.3 0.04 HubSpot 337.04 USD 48 95.1 15,316 0.0 9.4 -48.9 -50.8 163 58.7
0.00 8.3 0.8 39.5 1.5 9.5 Dec 21 BNDYF48 0.1 0.01 IAC Inc 64.27 USD 84 92.3 4,989 100.0 -6.2 -50.8 -51.3 289 20.7
5.14 14.1 6.1 9.0 2.0 41.4 Dec 21 2005973 2.1 0.33 IBM 128.45 USD 899 99.9 115,481 0.0 -1.8 -3.9 -4.2 1,276 169.9
0.63 46.5 7.4 31.4 9.6 20.0 Jul 22p 2459020 2.2 0.34 Intuit 431.78 USD 283 97.3 118,868 100.0 -5.3 -32.9 -23.7 694 319.9
1.51 13.2 3.0 12.6 0.9 24.1 Dec 21 BDV82B8 0.2 0.04 Leidos Holdings 95.05 USD 137 99.4 12,920 0.0 -11.2 6.9 -3.1 13 1.3
0.00 52.7 -79.2 17.7 5.4 N/A Dec 21 BK80XH9 0.3 0.05 Match Group 56.53 USD 286 99.5 16,073 0.0 -22.9 -57.3 -58.9 1,649 105.4
0.00 11.8 3.7 8.1 4.0 31.4 Dec 21 B7TL820 6.9 1.07 Meta Platforms Inc 162.93 USD 2,294 99.8 373,223 100.0 2.4 -51.6 -57.1 8,104 1,362.7
0.95 26.2 11.7 22.0 9.9 48.4 Jun 22 2588173 36.3 5.62 Microsoft Corp 261.47 USD 7,479 99.9 1,954,525 100.0 -6.9 -22.3 -13.4 8,356 2,337.6
0.00 -73.3 32.7 +ve 25.0 -90.0 Jan 22 BF2FJ99 0.4 0.06 MongoDB 322.86 USD 68 92.8 20,253 0.0 3.3 -39.0 -17.6 435 151.2
2.21 13.7 -ve 13.5 4.7 N/A Apr 22 BJN4XN5 0.2 0.04 NortonLifeLock Inc 22.59 USD 582 96.8 12,727 0.0 -7.9 -13.0 -14.9 2,267 55.3
0.00 -18.7 2.5 +ve 11.2 -23.6 Jan 22 BDFZSP1 0.2 0.03 Okta 91.40 USD 150 82.7 11,327 100.0 -7.2 -59.2 -65.3 815 80.6
1.73 25.1 -31.8 20.7 4.7 N/A May 22 2661568 2.1 0.32 Oracle Corp. 74.15 USD 2,668 56.6 112,055 25.0 -4.7 -15.0 -16.8 2,049 157.6
0.00 -28.9 6.6 45.0 9.7 -27.3 Dec 21 BN78DQ4 0.3 0.04 Palantir Technologie 7.72 USD 1,946 92.7 13,936 0.0 -25.4 -57.6 -70.7 11,688 109.8
0.00 -ve 86.4 36.5 12.9 -43.9 Jul 21 B87ZMX0 1.0 0.15 Palo Alto Networks 556.81 USD 99 98.2 53,859 0.0 11.6 0.0 20.8 637 339.1

5–199
0.00 +ve 23.7 66.3 20.0 25.6 Dec 21 BL95MY0 0.3 0.05 Paycom Software 351.20 USD 60 84.7 17,943 100.0 6.3 -15.4 -28.2 125 45.9
0.00 43.3 5.1 20.5 6.0 13.5 Dec 21 BJ2Z0H2 0.2 0.04 Pinterest 23.04 USD 575 99.7 13,202 0.0 18.3 -36.6 -58.5 4,742 106.4
0.00 25.1 6.6 36.4 7.4 30.8 Sep 21 B95N910 0.2 0.03 PTC 114.89 USD 117 89.8 12,076 100.0 -6.9 -5.2 -12.7 339 40.4
0.00 -13.7 12.6 28.0 2.7 -95.2 Dec 21 BDZCRX3 0.1 0.01 RingCentral 43.04 USD 85 99.5 3,621 0.0 -13.0 -77.0 -82.9 858 41.1
0.62 25.4 3.7 21.2 7.4 15.3 Dec 21 2749602 0.8 0.12 Roper Technologies 402.58 USD 106 99.5 42,443 100.0 -7.8 -18.2 -16.7 148 62.9
0.00 50.6 2.7 25.9 5.9 6.2 Jan 22 2310525 2.8 0.43 Salesforce Inc 156.12 USD 994 96.7 150,101 100.0 -15.2 -38.6 -41.1 1,998 353.3
0.00 +ve 23.6 39.8 14.8 9.4 Dec 21 B80NXX8 1.6 0.25 ServiceNow 434.62 USD 201 99.7 86,934 100.0 -2.7 -33.0 -32.5 399 191.1
0.00 -84.7 11.3 +ve 46.7 -13.5 Jan 22 BN134B7 0.7 0.10 Snowflake 180.95 USD 315 62.2 35,411 0.0 20.7 -46.6 -40.5 2,174 375.4
0.00 -11.3 65.0 +ve 5.4 -ve Jan 22 B424494 0.3 0.04 Splunk 90.03 USD 161 99.8 14,461 100.0 -13.4 -22.2 -41.1 964 99.7
1.43 10.2 2.3 9.9 2.8 23.3 Dec 21 B58YSC6 0.2 0.04 SS&C Technologies Ho 55.76 USD 255 87.4 12,417 100.0 -5.8 -32.0 -26.3 504 30.3
0.00 62.8 10.0 35.5 12.6 16.5 Oct 21 2867719 1.0 0.15 Synopsys Inc 346.02 USD 153 99.4 52,661 100.0 -5.8 -6.1 4.1 513 188.0
0.00 -16.9 1.2 -ve 4.5 -7.7 Dec 21 BD6P5Q0 0.2 0.03 Twilio 69.58 USD 172 99.6 11,910 100.0 -17.9 -73.6 -80.5 1,524 125.5
0.00 -ve 4.1 46.8 5.8 -2.4 Dec 21 BFLR866 0.5 0.08 Twitter 38.75 USD 764 97.4 28,853 0.0 -6.9 -10.3 -39.9 3,907 162.9
0.00 60.6 6.6 41.4 9.7 11.8 Dec 21 2909644 0.3 0.04 Tyler Technologies 371.51 USD 42 99 15,256 0.0 -6.9 -30.9 -23.5 66 26.0
0.00 -17.4 4.7 -ve 10.2 -93.1 Jan 22 BMD02L5 0.1 0.02 UiPath 16.45 USD 462 80.5 6,125 -10.3 -61.9 -74.0 1,856 35.7
0.00 -25.3 5.3 -ve 11.4 -22.5 Dec 21 BLFDXH8 0.2 0.03 Unity Software 42.72 USD 296 70.2 8,879 0.0 14.3 -70.1 -66.3 2,860 139.5
0.00 25.4 -15.8 24.7 15.0 N/A Dec 21 2142922 0.3 0.05 VeriSign Inc 182.22 USD 110 87.3 17,435 100.0 -3.7 -28.2 -15.7 290 56.6
0.00 23.0 -55.8 11.2 3.8 51.9 Jan 22 B23SN61 0.4 0.06 VMware Inc. 116.03 USD 421 42.2 20,634 0.0 -0.1 0.1 -5.0 297 35.3
0.00 -33.3 26.6 56.8 2.9 -51.0 Dec 21 BFZCHN7 0.1 0.01 Wix.com 63.29 USD 57 93.5 3,391 0.0 6.7 -59.9 -71.5 511 35.8
0.00 +ve 9.2 25.4 8.1 2.9 Jan 22 B8K6ZD1 0.6 0.09 Workday 164.56 USD 196 99.1 31,994 100.0 6.1 -39.8 -39.8 1,229 203.7

5–199
FTSE All-World Review August 2022

USA - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% USD (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Software and Computer Services
0.00 -43.4 19.2 55.4 7.0 -47.0 Dec 21 BMH0MR7 0.2 0.03 Zendesk 76.77 USD 123 98.9 9,312 0.0 1.8 -26.4 -37.9 675 51.6
0.00 24.8 5.9 21.3 8.3 28.5 Jan 22 BGSP7M9 0.4 0.06 Zoom Video Communica 80.40 USD 253 99.8 20,265 0.0 -22.6 -56.3 -72.2 2,207 208.5
0.00 +ve 9.2 61.2 24.5 13.8 Dec 21 BMWF095 0.2 0.04 ZoomInfo Technologie 45.42 USD 403 67.9 12,457 0.0 19.9 -29.3 -30.3 1,704 79.9
0.00 -88.0 42.5 +ve 33.4 -50.4 Jul 21 BZ00V34 0.2 0.04 Zscaler 159.24 USD 141 58.8 13,227 0.0 2.7 -50.4 -42.8 831 139.0
0.55 24.9 7.2 18.2 6.1 30.6 5,390,965 -5.6 -29.2 -29.2 - -
Technology Hardware & Equip.
0.00 42.0 18.3 39.1 8.4 49.1 Dec 21 2007849 3.2 0.39 Advanced Micro Dev 84.87 USD 1,621 99.5 136,944 100.0 -10.2 -41.0 -23.3 17,911 1,731.4
1.09 26.2 7.0 28.5 4.0 28.7 Dec 21 2145084 1.0 0.12 Amphenol Corp A 73.53 USD 597 97.8 42,984 100.0 -4.7 -15.9 -4.0 691 53.5
2.01 35.5 2.1 29.0 10.8 8.9 Oct 21 2032067 1.8 0.23 Analog Devices 151.53 USD 523 99.6 79,018 100.0 -11.9 -13.8 -7.0 1,681 283.0
0.59 26.9 40.3 24.5 7.0 +ve Sep 21 2046251 55.8 6.91 Apple Inc. 157.22 USD 16,185 94.3 2,401,716 75.0 -3.3 -11.5 3.6 23,921 3,986.6
1.11 14.0 6.8 15.3 3.6 52.0 Oct 21 2046552 1.9 0.24 Applied Materials 94.07 USD 883 99.7 82,861 100.0 -11.2 -40.2 -30.4 3,033 314.5
0.00 6.0 1.3 16.5 0.2 22.1 Dec 21 2051404 0.2 0.02 Arrow Electronics 104.81 USD 66 99.3 6,878 0.0 -18.2 -21.9 -13.5 189 21.3
3.29 17.1 9.6 14.8 7.4 57.7 Oct 21 BDZ78H9 4.6 0.57 Broadcom 499.11 USD 408 97.7 199,111 100.0 -6.8 -25.0 0.4 878 471.4
1.17 20.3 32.7 29.4 1.1 +ve Dec 21 BBM5MD6 0.5 0.07 CDW 170.70 USD 135 99.8 23,035 75.0 -6.0 -16.6 -14.9 387 70.0
3.15 24.0 2.4 8.5 2.1 10.4 Dec 21 2224701 0.6 0.07 Corning 34.32 USD 845 89.2 25,865 0.0 -6.6 -7.8 -14.2 1,523 54.4
0.00 8.5 2.1 8.4 0.3 26.5 Mar 22 2353058 0.2 0.02 Flex 17.81 USD 464 99.5 8,230 0.0 6.0 -2.8 -4.1 1,653 30.0
0.00 -ve 4.0 11.2 4.8 -1.9 Dec 21 BMW7F63 0.1 0.01 GlobalFoundries 59.82 USD 532 11.7 3,729 0.0 16.2 -7.9 - 1,027 60.7
3.48 4.5 -18.3 4.7 0.5 N/A Oct 21 BYX4D52 0.7 0.09 HP 28.71 USD 1,053 99.8 30,201 0.0 -14.0 -23.8 -3.5 3,237 105.6
4.57 6.0 1.4 4.4 1.7 24.6 Dec 21 2463247 3.0 0.38 Intel Corp 31.92 USD 4,089 99.9 130,494 25.0 -12.1 -38.0 -41.0 16,385 572.3
0.00 16.2 1.7 12.1 3.2 10.9 Dec 21 2698782 0.1 0.01 IPG Photonics 90.59 USD 52 66.7 3,138 100.0 -15.0 -47.4 -46.9 139 13.9
1.51 14.5 36.6 15.5 5.6 +ve Jun 22 2480138 1.2 0.15 KLA Corporation 344.13 USD 149 99.8 51,292 100.0 -10.3 -20.0 1.2 660 245.6
1.37 13.0 9.7 19.6 3.5 76.1 Jun 22 2502247 1.4 0.17 Lam Research 437.91 USD 139 99.7 60,609 100.0 -12.5 -39.1 -27.6 680 332.3
0.51 56.3 2.5 48.6 8.9 5.9 Jan 22 BNKJSM5 0.9 0.11 Marvell Technology 46.82 USD 851 99.5 39,663 25.0 -15.9 -46.5 -23.5 4,474 237.5
1.85 16.3 6.2 12.8 5.3 39.5 Mar 22 2592174 0.8 0.10 Microchip Technology 65.25 USD 556 96.6 35,045 0.0 -5.2 -25.1 -17.1 2,398 167.2
0.81 10.6 1.4 5.1 2.3 14.3 Sep 21 2588184 1.5 0.18 Micron Technology 56.53 USD 1,117 99.7 62,978 0.0 -8.6 -39.3 -23.3 5,970 362.9
0.66 87.2 17.0 66.0 17.5 21.9 Dec 21 B01Z7J1 0.5 0.06 Monolithic Power Sys 453.18 USD 47 97.1 20,522 0.0 -2.5 -8.1 -8.4 266 134.5
2.77 16.3 19.2 13.3 2.5 +ve Apr 22 2630643 0.4 0.05 NetApp 72.13 USD 223 99.7 16,015 75.0 1.1 -21.6 -18.9 589 43.5
0.11 36.6 14.2 41.5 14.0 47.4 Jan 22 2379504 8.4 1.04 Nvidia 150.94 USD 2,504 96 363,143 100.0 -16.9 -48.7 -32.6 13,764 2,425.0
2.05 19.9 7.5 16.5 4.6 33.0 Dec 21 B505PN7 1.0 0.12 NXP Semiconductors 164.58 USD 263 99.7 43,121 25.0 -10.5 -27.7 -23.5 964 171.1
0.00 27.0 6.5 16.8 4.4 27.3 Dec 21 2583576 0.7 0.09 ON Semiconductor Cor 68.77 USD 435 99.6 29,780 0.0 3.0 1.3 55.0 3,616 249.9
0.00 8.2 2.1 9.3 2.1 25.8 Apr 22 BR9YYP4 0.2 0.03 Qorvo Inc. 89.78 USD 108 99.5 9,688 50.0 -13.7 -42.6 -52.3 697 71.8
2.27 15.5 14.9 14.1 4.4 +ve Sep 21 2714923 3.4 0.43 Qualcomm 132.27 USD 1,120 99.9 148,063 0.0 -8.8 -27.7 -9.8 2,919 423.4
4.18 8.7 +ve 8.7 1.2 +ve Jul 22p BKVD2N4 0.3 0.04 Seagate Tech Hldgs 66.96 USD 215 85.7 12,340 0.0 -16.3 -40.7 -23.6 755 57.6
2.52 9.9 3.0 8.9 3.1 33.9 Oct 21 2961053 0.4 0.05 Skyworks Solutions I 98.55 USD 161 99.7 15,817 75.0 -9.5 -36.5 -46.3 885 95.6
1.77 16.6 3.8 15.2 2.7 24.5 Sep 21 B62B7C3 0.9 0.12 TE Connectivity 126.21 USD 322 99.7 40,560 25.0 -5.6 -21.8 -16.0 414 54.6
0.52 12.9 5.3 12.3 3.7 43.9 Dec 21 2884183 0.3 0.04 Teradyne 84.64 USD 160 99.6 13,517 0.0 -16.1 -48.2 -30.3 783 74.9
2.78 19.2 11.4 17.4 8.3 70.5 Dec 21 2885409 3.5 0.44 Texas Instruments 165.21 USD 922 99.8 152,177 100.0 -7.6 -12.3 -13.5 2,479 438.5
0.00 7.7 1.1 7.0 0.7 15.0 Jul 22 2954699 0.3 0.04 Western Digital 42.26 USD 313 99.8 13,220 0.0 -13.9 -35.2 -33.1 1,405 66.3
1.06 21.0 10.0 18.4 4.8 50.5 4,301,755 -6.7 -22.9 -9.2 - -
Telecommunications Equipment
0.00 42.5 9.3 36.4 12.5 23.8 Dec 21 BN33VM5 11.2 0.09 Arista Networks 119.88 USD 308 80.7 29,828 100.0 2.8 -16.6 29.8 672 83.6
3.40 14.4 4.7 14.0 3.6 31.8 Jul 22p 2198163 69.7 0.53 Cisco Systems 44.72 USD 4,154 99.9 185,753 25.0 -1.4 -29.4 -24.2 8,687 403.3
2.96 27.6 2.1 13.3 1.9 7.5 Dec 21 2431846 3.4 0.03 Juniper Networks 28.42 USD 323 98.7 9,063 0.0 1.4 -20.4 -1.9 1,358 39.2
1.30 27.5 -ve 22.2 5.0 N/A Dec 21 B5BKPQ4 15.0 0.12 Motorola Solutions 243.41 USD 167 98.1 40,005 0.0 2.0 -10.4 -0.3 276 68.6
0.77 49.3 -49.0 50.6 11.1 N/A Jun 22 BK9Z6V8 0.7 0.01 Ubiquiti 310.39 USD 60 9.8 1,851 0.0 2.9 1.2 -4.6 20 6.2
2.67 17.3 5.7 16.1 4.0 29.1 266,499 -0.3 -25.3 -16.7 - -
Telecommunications Service Prov.
6.33 5.2 0.8 3.0 0.7 14.7 Dec 21 2831811 19.5 0.36 AT&T 17.54 USD 7,159 99.9 125,457 0.0 -6.6 -5.8 -15.5 11,701 212.5
0.00 11.0 4.9 4.3 1.3 33.4 Dec 21 BZ6VT82 7.4 0.14 Charter Communicatio 412.63 USD 168 68.8 47,654 100.0 -4.5 -36.7 -49.5 512 228.2
2.98 8.4 1.7 5.6 1.4 20.7 Dec 21 2044545 25.0 0.46 Comcast A 36.19 USD 4,472 99.3 160,775 0.0 -3.5 -28.1 -40.4 10,429 396.6
0.00 3.6 0.6 2.3 0.5 17.6 Dec 21 2303581 0.7 0.01 Dish Network 17.35 USD 292 85.7 4,338 0.0 -0.1 -46.5 -60.2 1,577 28.8
0.00 19.7 1.6 +ve 16.1 6.8 Dec 21 BRTLBY3 0.3 0.01 Liberty Broadband Se 100.82 USD 23 92.1 2,096 75.0 -6.6 -37.3 -45.7 122 13.5
0.00 20.6 1.6 +ve 16.8 6.8 Dec 21 BRTLC06 2.0 0.04 Liberty Broadband Se 101.70 USD 138 93.4 13,086 50.0 -6.6 -36.9 -46.8 478 53.0
0.00 0.9 0.5 3.6 1.2 70.2 Dec 21 B8W6766 0.5 0.01 Liberty Global plc C 20.20 USD 175 96.5 3,417 0.0 -7.2 -27.2 -29.7 454 9.6
0.00 0.7 0.4 2.7 0.9 70.2 Dec 21 B8W67B1 1.0 0.02 Liberty Global plc C 21.31 USD 323 93.4 6,430 0.0 -6.9 -24.1 -26.5 631 14.1
10.04 3.0 0.9 1.6 0.5 29.4 Dec 21 BMDH249 1.6 0.03 Lumen Technologies 9.96 USD 1,033 99.2 10,211 0.0 -8.5 -20.6 -19.0 3,475 37.5
0.00 35.6 3.3 40.5 3.3 12.7 Dec 21 BZ1LFG7 1.3 0.02 Roku 68.00 USD 120 99.7 8,127 0.0 3.8 -70.2 -80.7 3,297 252.4
0.00 41.7 2.6 13.0 2.3 6.4 Dec 21 B94Q9V0 13.3 0.25 T-Mobile US Inc. 143.96 USD 1,254 47.4 85,677 50.0 0.6 24.1 5.1 1,631 236.3
6.12 7.3 2.1 4.4 1.3 32.3 Dec 21 2090571 27.3 0.50 Verizon Comms. 41.81 USD 4,200 99.9 175,555 0.0 -9.5 -19.5 -24.0 6,481 287.3
3.81 7.0 1.5 4.6 1.2 23.3 642,822 -5.5 -20.1 -31.1 - -
Health Care Providers
0.00 24.8 2.0 12.5 0.4 8.1 Dec 21 2807061 5.6 0.15 Centene Corp 89.74 USD 585 99.2 52,118 50.0 -3.5 8.9 42.5 1,053 98.4
1.58 13.0 1.9 12.5 0.5 14.2 Dec 21 BHJ0775 9.5 0.25 Cigna Corp 283.45 USD 318 98 88,441 100.0 2.9 23.4 33.9 578 164.5
0.00 8.1 10.7 4.2 0.7 92.7 Dec 21 2898087 0.5 0.01 DaVita 85.29 USD 95 61.5 4,970 0.0 1.3 -25.0 -34.8 285 25.4
1.06 17.9 3.3 14.0 0.8 19.3 Dec 21 BSPHGL4 12.5 0.34 Elevance Health Inc 485.11 USD 241 99.8 116,821 25.0 1.7 4.7 29.3 251 122.0
1.13 8.4 -62.7 6.5 1.0 N/A Dec 21 B4MGBG6 4.8 0.13 HCA Healthcare 197.87 USD 296 76.2 44,570 50.0 -6.8 -23.0 -21.8 425 89.7

5–200
August 2022 FTSE Russell

USA - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% USD (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Health Care Providers
0.65 20.3 3.8 26.9 0.7 20.2 Dec 21 2445063 6.5 0.17 Humana 481.78 USD 127 99.8 60,836 25.0 0.0 3.9 18.8 198 96.4
0.00 19.3 6.7 13.7 2.9 34.6 Dec 21 BDR73G1 4.3 0.11 IQVIA Holdings 212.66 USD 189 99.2 39,965 100.0 -11.5 -24.6 -18.1 325 76.1
0.00 -21.4 0.3 25.8 2.5 -1.5 Dec 21 BYQRFY1 0.5 0.01 Teladoc Health 31.06 USD 161 99.4 4,977 0.0 -15.7 -66.2 -78.5 1,638 58.8
1.27 25.1 6.8 21.8 1.7 28.6 Dec 21 2917766 52.1 1.40 Unitedhealth Group 519.33 USD 938 99.6 485,287 75.0 -4.2 3.4 24.8 798 428.4
0.82 7.0 1.2 8.0 0.6 16.5 Dec 21 2923785 0.7 0.02 Universal Health B 97.84 USD 67 96.4 6,338 25.0 -13.0 -24.5 -37.2 220 23.5
0.00 60.6 10.6 40.4 16.7 19.7 Jan 22 BFH3N85 3.0 0.08 Veeva Systems 199.32 USD 140 99.3 27,721 0.0 -10.9 -22.0 -40.0 247 53.9
1.05 19.9 4.1 16.4 1.1 18.9 932,043 -3.4 -0.1 13.3 - -
Medical Equipment and Services
1.83 19.7 5.0 17.1 4.2 26.6 Dec 21 2002305 12.1 0.51 Abbott Laboratories 102.65 USD 1,751 97.8 175,845 100.0 -5.7 -27.1 -18.8 1,622 174.2
0.00 85.1 7.9 41.4 11.4 9.8 Mar 22 2003698 0.8 0.03 Abiomed Inc 259.28 USD 46 97.9 11,561 100.0 -11.5 -27.8 -28.8 120 33.5
0.65 27.4 7.1 25.9 6.1 27.4 Oct 21 2520153 2.6 0.11 Agilent Technologies 128.25 USD 300 99.7 38,390 100.0 -4.4 -19.7 -26.9 470 62.9
0.00 24.4 5.3 16.4 4.9 23.0 Dec 21 2679204 1.3 0.05 Align Technology Inc 243.70 USD 79 99.3 19,084 100.0 -13.3 -62.9 -65.6 314 86.5
0.00 19.0 4.8 15.9 2.1 32.8 Dec 21 BJLT387 1.0 0.04 Avantor 24.91 USD 610 99.7 15,160 0.0 -14.2 -40.9 -36.8 1,811 49.3
2.02 18.3 3.2 13.0 2.3 17.8 Dec 21 2085102 2.0 0.08 Baxter Intl 57.46 USD 504 99.7 28,873 75.0 -2.0 -33.1 -24.6 1,229 73.0
1.38 21.1 3.0 15.5 3.6 14.4 Sep 21 2087807 4.9 0.21 Becton Dickinson 252.42 USD 285 99.4 71,596 100.0 3.3 3.0 2.9 316 81.0
0.00 3.4 1.1 22.3 5.0 36.3 Dec 21 2098508 0.7 0.03 Bio-Rad Labs A 485.04 USD 25 85.7 10,348 0.0 -13.9 -35.8 -39.7 37 19.2
0.39 37.7 7.7 40.1 11.8 21.2 Jun 22 BSHZ3Q0 0.9 0.04 Bio-Techne 331.81 USD 39 98.7 12,879 0.0 -13.9 -35.9 -33.5 88 32.1
0.00 33.4 3.5 30.8 4.8 10.8 Dec 21 2113434 3.9 0.17 Boston Scientific Co 40.31 USD 1,430 99.7 57,456 100.0 -1.8 -5.1 -10.7 2,393 99.0
0.02 4.6 2.0 19.2 4.8 57.4 Oct 21 2222631 1.0 0.04 Cooper Cos Inc 287.44 USD 49 98.3 13,936 100.0 -12.1 -31.4 -36.2 89 27.8

Country Details
0.37 25.2 4.7 23.5 6.7 19.9 Dec 21 2250870 12.0 0.50 Danaher Corp 269.91 USD 727 88.9 174,550 50.0 -7.4 -18.0 -16.7 648 186.3
1.53 11.0 1.4 10.7 1.7 12.8 Dec 21 BYNPPC6 0.5 0.02 DENTSPLY SIRONA 32.77 USD 216 99.2 7,007 0.0 -9.4 -41.3 -46.9 863 30.5
0.00 +ve 14.3 72.9 13.2 7.7 Dec 21 B0796X4 2.2 0.09 DexCom 82.21 USD 393 99.6 32,139 100.0 0.2 -38.8 -37.9 1,292 112.6
0.00 37.1 9.6 32.3 10.7 29.0 Dec 21 2567116 3.8 0.16 Edwards Lifesciences 90.10 USD 622 99.2 55,585 100.0 -10.4 -30.5 -23.1 924 91.5
0.47 4.4 3.1 4.0 1.6 71.4 Sep 21 BMXWYR1 0.1 0.01 Embecta 31.92 USD 57 99.8 1,816 100.0 8.5 - - 168 5.3
0.00 13.2 3.0 14.3 0.8 22.7 Dec 21 2416962 0.7 0.03 Henry Schein 73.41 USD 138 99.1 10,045 25.0 -6.9 -5.3 -2.9 405 30.5
0.00 7.7 4.0 7.2 3.0 63.3 Sep 21 2433530 1.1 0.05 Hologic Inc 67.56 USD 249 98.4 16,586 50.0 -5.4 -11.8 -14.6 724 51.2
0.00 51.0 2.4 24.1 3.7 7.7 Dec 21 B94G471 1.2 0.05 Icon PLC 209.83 USD 81 98.6 16,832 0.0 -13.0 -32.2 -18.0 169 39.2
0.00 38.6 42.3 38.7 9.1 +ve Dec 21 2459202 2.0 0.08 Idexx Labs 347.62 USD 84 99 28,930 100.0 -12.9 -47.2 -48.4 249 94.8
0.00 +ve 31.8 -ve 16.1 4.1 Dec 21 B1XGNW4 1.2 0.05 Insulet Corp. 255.47 USD 69 99 17,551 0.0 3.1 -4.0 -14.2 163 43.0
0.00 42.1 6.2 35.3 12.9 16.2 Dec 21 2871301 5.1 0.21 Intuitive Surgical 205.74 USD 359 99.5 73,546 100.0 -10.6 -42.7 -41.4 821 186.6
0.64 7.6 2.0 6.7 1.3 28.0 Dec 21 2586122 1.4 0.06 Lab Corp of America 225.27 USD 93 99.7 20,830 50.0 -14.1 -28.3 -25.7 190 46.6
0.00 34.0 5.3 30.8 6.6 16.2 Jan 22 B1YWR63 0.5 0.02 Masimo 146.89 USD 56 90.1 7,347 0.0 1.6 -49.8 -45.9 512 79.6
3.09 17.4 2.2 16.1 3.7 13.0 Apr 22 BTN1Y11 8.1 0.34 Medtronic plc 87.92 USD 1,342 99.5 117,396 50.0 -5.0 -15.0 -34.1 1,771 163.6
0.21 13.8 2.4 12.1 3.4 22.7 Jan 22 2305844 1.2 0.05 Perkinelmer Inc 135.06 USD 126 99.7 17,001 0.0 -11.8 -32.8 -26.9 266 40.0
2.11 7.0 2.3 6.6 1.4 31.7 Dec 21 2702791 1.0 0.04 Quest Diagnostics 125.31 USD 117 99.4 14,628 0.0 -8.2 -27.6 -18.0 362 48.8
0.80 37.6 9.6 91.6 9.0 27.4 Jun 22 2732903 2.2 0.09 Resmed Inc 219.92 USD 146 98.5 31,715 100.0 -8.6 -15.6 -24.3 178 41.7
0.85 32.9 3.1 29.4 4.4 11.8 Mar 22 BFY8C75 1.2 0.05 STERIS plc 201.38 USD 100 84.9 17,130 100.0 -10.8 -17.3 -6.3 167 34.9
1.35 29.7 5.2 23.8 4.5 18.7 Dec 21 2853688 4.9 0.21 Stryker 205.20 USD 378 92.8 72,019 100.0 -4.4 -23.3 -25.9 421 90.8
0.60 16.3 2.8 16.3 3.8 18.4 Dec 21 2881407 0.7 0.03 Teleflex Inc 226.26 USD 47 99.8 10,594 100.0 -5.9 -31.1 -42.8 115 28.1
0.22 22.5 5.2 22.9 5.4 25.2 Dec 21 2886907 14.6 0.61 Thermo Fisher Scient 545.32 USD 391 99.8 213,158 100.0 -8.9 -18.3 -1.7 339 197.6
0.24 33.1 9.4 37.8 7.8 31.8 Dec 21 2950482 1.5 0.06 West Pharm Svcs 296.69 USD 74 99.3 21,927 0.0 -13.6 -36.7 -34.3 114 36.7
0.90 21.3 1.8 14.9 2.8 8.4 Dec 21 2783815 1.5 0.06 Zimmer Biomet Holdin 106.32 USD 210 99.9 22,263 25.0 -3.7 -13.7 -27.2 334 37.6

5–201
0.00 -43.6 0.3 6.2 0.4 -0.6 Dec 21 BNBV0S0 0.0 0.00 ZimVie 15.22 USD 26 79.1 314 25.0 -21.6 - - 77 1.4
0.83 21.1 4.1 20.3 4.5 20.9 1,456,035 -7.0 -24.9 -24.0 - -
Pharmaceuticals & Biotechnology
4.19 12.4 15.4 10.4 4.2 +ve Dec 21 B92SR70 10.6 0.68 AbbVie Inc 134.46 USD 1,767 99.9 237,404 25.0 -6.3 -0.7 11.3 1,791 250.1
0.00 -29.7 42.4 -38.9 29.6 -ve Dec 21 B00FWN1 1.1 0.07 Alnylam Pharmaceutic 206.67 USD 121 99.7 24,897 100.0 45.5 21.9 2.6 530 115.2
3.23 15.1 19.2 13.9 4.9 +ve Dec 21 2023607 5.7 0.37 Amgen Corp 240.30 USD 534 99.8 128,188 25.0 -2.9 6.8 6.5 1,246 306.8
0.00 15.8 2.6 7.9 2.6 16.7 Dec 21 2455965 1.3 0.08 Biogen 195.38 USD 147 99.3 28,431 0.0 -9.2 -18.6 -42.4 391 82.4
0.00 -ve 3.9 54.2 8.9 -0.1 Dec 21 2437071 0.7 0.05 BioMarin Pharm 89.20 USD 185 99.5 16,428 100.0 3.7 1.0 5.9 486 45.1
3.20 8.4 4.0 8.9 3.1 46.1 Dec 21 2126335 6.4 0.41 Bristol Myers Squibb 67.41 USD 2,129 99.9 143,422 50.0 -8.6 8.1 0.8 3,360 243.0
2.80 -31.6 -27.2 6.0 0.1 -ve Jun 22 2175672 0.9 0.06 Cardinal Health 70.72 USD 272 99.8 19,230 0.0 18.7 37.3 34.7 1,194 79.4
0.00 25.2 3.3 35.9 3.3 14.4 Jun 22 BP96PQ4 0.7 0.04 Catalent 88.00 USD 179 95 14,990 0.0 -22.2 -31.3 -32.5 384 39.2
0.00 20.2 4.1 13.7 2.9 22.2 Dec 21 2604336 0.5 0.03 Charles River Labs 205.25 USD 51 99 10,327 0.0 -18.1 -45.5 -53.8 182 40.1
0.00 85.3 1.0 14.8 1.5 1.0 Dec 21 BF5L3T2 0.3 0.02 Elanco Animal Health 15.13 USD 474 93.8 6,723 50.0 -25.3 -46.7 -54.7 2,217 39.7
0.00 -12.5 1.8 -61.2 3.5 -16.1 Dec 21 2719951 0.3 0.02 Exact Sciences 35.55 USD 176 99.1 6,201 100.0 -21.2 -54.3 -65.9 1,139 47.0
4.60 10.0 3.8 7.0 2.9 40.5 Dec 21 2369174 3.5 0.23 Gilead Sciences 63.47 USD 1,254 99.9 79,594 0.0 6.2 -12.6 -12.8 2,841 179.7
0.00 15.6 2.9 13.1 4.2 20.0 Dec 21 BQPVQZ6 0.6 0.04 Horizon Therapeutics 59.21 USD 230 97.4 13,269 0.0 -28.6 -45.1 -45.2 1,506 98.8
0.00 37.8 2.9 58.1 7.0 10.8 Jan 22 2613990 1.4 0.09 Illumina Inc 201.64 USD 157 99.8 31,639 100.0 -6.9 -47.0 -55.9 703 150.1
0.00 16.1 4.1 20.8 5.2 30.4 Dec 21 2471950 0.6 0.04 Incyte 70.43 USD 222 82.2 12,827 100.0 -9.3 -4.0 -7.9 624 45.6
0.00 57.9 2.8 14.6 3.7 5.1 Dec 21 B4Q5ZN4 0.4 0.03 Jazz Pharmaceuticals 155.22 USD 62 97.5 9,437 100.0 -0.5 21.8 17.8 261 40.5
2.80 16.6 5.7 18.1 4.5 37.3 Jan 22 2475833 18.9 1.22 Johnson & Johnson 161.34 USD 2,631 99.9 424,195 50.0 -7.6 -5.7 -6.8 2,597 435.4
1.30 46.1 31.9 39.4 10.1 85.0 Dec 21 2516152 11.3 0.73 Lilly (Eli) & Co 301.23 USD 950 88.5 253,567 100.0 -8.6 9.1 16.6 895 278.9
3.23 14.7 5.7 15.3 4.4 46.3 Dec 21 2778844 9.6 0.62 Merck & Co 85.36 USD 2,529 99.9 215,724 50.0 -4.5 11.4 11.9 2,886 257.2
0.00 4.3 3.7 3.9 2.8 +ve Dec 21 BGSXTS3 2.0 0.13 Moderna 132.27 USD 398 86.2 45,391 0.0 -19.4 -47.9 -64.9 1,982 321.5

5–201
FTSE All-World Review August 2022

USA - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% USD (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Pharmaceuticals & Biotechnology
0.00 -ve 20.9 +ve 16.1 -13.2 Dec 21 BYSS4X4 0.4 0.02 NovoCure 82.13 USD 105 98.5 8,467 0.0 20.8 9.4 -38.8 206 16.3
3.93 5.0 -4.8 2.9 1.1 73.1 Dec 21 BLDC8J4 0.3 0.02 Organon 28.53 USD 254 99.9 7,234 50.0 -10.1 -6.3 -15.8 624 19.2
3.54 9.9 3.3 7.8 3.1 36.6 Dec 21 2684703 11.4 0.73 Pfizer 45.23 USD 5,648 99.9 255,387 0.0 -10.5 -23.4 -1.8 7,349 357.0
0.00 7.9 3.4 9.0 4.0 54.2 Dec 21 2730190 2.7 0.17 Regeneron Phar 581.06 USD 108 95.8 60,166 100.0 -0.1 -8.0 -13.7 274 167.7
1.82 28.3 3.2 9.0 7.9 12.1 Dec 21 BMVP7Y0 0.7 0.04 Royalty Pharma 41.81 USD 435 84.1 15,315 0.0 -3.9 4.9 8.2 754 32.6
0.00 -43.6 9.3 -56.9 18.0 -19.9 Dec 21 BLPK4D2 0.9 0.06 Seagen Inc 154.29 USD 184 73.7 20,934 0.0 -14.3 -0.2 -7.9 479 80.1
0.00 30.8 7.1 27.3 9.5 24.9 Dec 21 2931034 3.2 0.21 Vertex Pharm 281.76 USD 256 99.8 71,974 100.0 0.5 28.3 40.7 611 176.2
5.03 8.1 0.6 3.8 0.6 6.6 Dec 21 BMWS3X9 0.5 0.03 Viatris 9.55 USD 1,212 99.7 11,548 0.0 -1.4 -29.4 -34.7 4,273 43.7
0.83 32.9 16.2 33.3 9.5 53.9 Dec 21 B95WG16 3.3 0.21 Zoetis 156.53 USD 471 99.9 73,624 100.0 -14.3 -35.9 -23.5 599 101.3
2.49 14.7 5.6 12.7 3.2 41.2 2,246,532 -6.8 -7.7 -6.7 - -
Banks
2.50 8.8 1.1 -37.6 2.8 12.4 Dec 21 2295677 18.5 0.68 Bank of America 33.61 USD 8,057 87 235,824 0.0 -0.6 -24.5 -19.5 14,253 494.0
4.18 4.6 0.5 1.6 1.2 11.7 Dec 21 2297907 7.6 0.28 Citigroup 48.81 USD 1,973 99.8 96,131 0.0 -6.0 -19.2 -32.1 5,708 295.9
4.58 7.4 0.8 8.0 2.6 11.6 Dec 21 BQRX1X3 1.4 0.05 Citizens Financial G 36.68 USD 495 98.3 17,874 0.0 -3.4 -22.4 -16.2 1,373 52.2
3.39 9.2 1.4 16.6 3.5 15.1 Dec 21 2212870 0.8 0.03 Comerica 80.30 USD 131 99.6 10,467 0.0 3.3 -7.7 8.6 269 21.9
1.54 15.7 2.4 13.9 5.9 15.5 Dec 21 2213204 0.6 0.02 Commerce Bancshares 68.77 USD 121 90.5 7,516 50.0 -1.0 0.0 2.1 210 15.0
3.03 11.8 1.8 5.0 2.4 15.4 Dec 21 2232878 0.7 0.03 Credicorp 128.89 USD 94 72 8,760 100.0 -0.4 5.6 20.9 102 13.7
2.39 5.0 2.3 4.7 2.1 51.3 Dec 21 B1YLC43 2.2 0.08 Discover Financial S 100.49 USD 281 99.6 28,149 0.0 -0.5 -13.0 -21.6 492 51.4
3.51 7.4 1.2 8.6 2.8 15.3 Dec 21 2336747 1.8 0.07 Fifth Third Bancorp 34.15 USD 684 99.4 23,222 0.0 0.1 -21.6 -12.1 1,621 57.5
0.71 19.7 2.2 22.7 5.1 12.4 Dec 21 B4WHY15 2.1 0.08 First Republic Bank 151.83 USD 180 99.3 27,090 100.0 -6.7 -26.5 -23.7 322 52.0
4.63 16.1 1.1 9.4 3.2 8.6 Dec 21 2445966 1.5 0.06 Huntington Bancshare 13.40 USD 1,439 99.5 19,192 0.0 0.8 -13.1 -13.7 3,687 50.6
3.52 6.5 1.3 2.7 2.6 20.1 Dec 21 2190385 26.1 0.95 JPMorgan Chase & Co 113.73 USD 2,937 99.2 331,403 0.0 -1.4 -28.2 -28.9 4,036 470.5
4.41 6.4 1.1 14.3 2.2 16.3 Dec 21 2490911 1.3 0.05 Keycorp 17.69 USD 933 99.4 16,404 0.0 -3.3 -23.5 -12.9 2,940 54.7
2.64 18.2 2.0 12.0 5.3 11.5 Dec 21 2340168 2.5 0.09 M&T Bank 181.78 USD 179 99.4 32,420 0.0 2.4 18.4 29.8 315 57.8
3.80 11.8 1.3 9.1 3.3 10.9 Dec 21 2692665 5.1 0.19 PNC Financial Svc Gp 158.00 USD 414 99.7 65,154 0.0 -4.8 -21.2 -17.3 511 85.0
3.14 8.4 1.2 6.7 3.1 14.6 Dec 21 B01R311 1.6 0.06 Regions Financial 21.67 USD 935 99.8 20,215 0.0 2.3 -0.6 6.1 2,192 48.1
1.28 12.4 1.4 12.4 4.8 12.9 Dec 21 B00JQL9 0.8 0.03 Signature Bank 174.36 USD 63 98.5 10,780 0.0 -6.0 -46.1 -32.8 283 53.6
0.00 13.4 1.9 13.2 4.0 17.4 Dec 21 2808053 1.9 0.07 SVB Financial Group 406.52 USD 59 99.5 23,813 100.0 0.7 -40.1 -27.3 199 85.5
4.44 9.4 1.0 7.9 2.7 10.5 Dec 21 BKP7287 4.9 0.18 Truist Financial Cor 46.84 USD 1,331 99.7 62,198 25.0 -7.2 -20.0 -17.9 1,729 85.9
4.03 8.7 1.4 6.9 2.9 16.3 Dec 21 2736035 4.8 0.18 US Bancorp 45.61 USD 1,486 90.2 61,138 0.0 -3.4 -18.8 -20.5 2,069 97.7
2.75 8.1 1.0 -14.4 2.1 12.4 Dec 21 2649100 13.0 0.48 Wells Fargo & Co. 43.71 USD 3,790 99.9 165,607 0.0 -0.4 -8.9 -4.4 5,275 234.0
2.98 7.7 1.2 13.2 2.8 15.2 Dec 21 2989828 0.6 0.02 Zions Bancorporation 55.03 USD 151 98.1 8,178 0.0 0.9 -12.9 -5.0 503 28.2
3.19 7.7 1.1 5.9 2.5 14.5 1,271,535 -1.9 -21.5 -20.3 - -
Finance and Credit Services
3.61 3.5 0.7 2.7 1.0 20.9 Dec 21 B72XK05 4.7 0.03 Ally Financial 33.20 USD 323 99.7 10,693 0.0 0.4 -30.3 -37.2 1,468 50.7
0.82 38.1 16.2 29.6 10.3 45.1 Aug 21 2329770 7.2 0.05 Factset Research Sys 433.34 USD 38 99.9 16,413 0.0 0.9 -10.8 14.0 85 37.2
0.98 22.1 19.2 26.2 8.4 +ve Dec 21 2252058 20.0 0.13 Moodys Corporation 284.52 USD 185 86.5 45,415 100.0 -8.3 -27.2 -25.3 214 65.9
1.11 45.2 -ve 38.9 17.8 N/A Dec 21 B2972D2 15.5 0.10 MSCI 449.24 USD 81 96.9 35,346 100.0 -6.7 -26.7 -29.2 106 50.8
0.97 38.4 58.9 33.3 14.4 +ve Dec 21 BYV2325 52.6 0.34 S&P Global 352.18 USD 340 99.8 119,497 100.0 -6.6 -25.4 -20.6 558 210.0
1.11 24.1 11.4 21.0 8.2 46.2 227,364 -6.1 -25.1 -22.6 - -
Investment Banking & Brokerage
1.87 10.5 5.2 8.9 2.2 48.4 Dec 21 B0J7D57 2.1 0.08 Ameriprise Financial 268.01 USD 110 99.7 29,368 0.0 -0.7 -11.2 -1.8 212 58.8
3.56 9.2 0.9 11.8 2.1 9.1 Dec 21 B1Z77F6 2.2 0.09 Bank of New York Mel 41.53 USD 808 90.7 30,450 0.0 -4.4 -28.5 -24.8 1,152 50.0
0.00 6.9 1.2 15.9 2.3 19.2 Dec 21 2093666 10.4 0.42 Berkshire Hathaway A 421,308.00 USD 0.6 56.7 146,641 0.0 -6.7 -6.5 -2.0 0.1 60.7
0.00 6.9 1.2 15.9 2.3 19.2 Dec 21 2073390 25.6 1.03 Berkshire Hathaway B 280.80 USD 1,286 99.5 359,502 0.0 -6.6 -6.1 -1.7 1,285 377.6
2.93 16.7 2.7 20.4 5.0 16.6 Dec 21 2494504 7.1 0.29 Blackrock Inc 666.39 USD 152 98.9 99,894 25.0 -0.4 -27.2 -29.4 207 146.2
5.41 11.1 7.0 16.5 5.1 73.8 Dec 21 BKF2SL7 4.7 0.19 Blackstone Inc 93.94 USD 701 99.7 65,677 0.0 -8.0 -27.4 -25.3 1,106 113.4
1.50 24.2 10.5 45.2 3.5 44.4 Jun 22 B1VP7R6 1.4 0.06 Broadridge Financial 171.17 USD 117 99.3 19,932 100.0 6.6 -6.4 -0.6 202 35.0
4.00 3.9 2.2 6.6 1.3 74.9 Dec 21 BKRTG56 0.5 0.02 Carlyle Group Inc 32.53 USD 362 57.1 6,720 0.0 -16.4 -40.7 -34.1 1,158 40.4
1.70 18.9 3.5 21.0 3.6 19.0 Dec 21 B5834C5 0.9 0.04 Cboe Global Markets 117.97 USD 106 99.4 12,464 100.0 -4.4 -9.5 -6.5 53 6.4
2.04 24.6 2.6 29.3 15.0 10.6 Dec 21 2965839 5.0 0.20 CME Group 195.61 USD 359 99.6 70,076 50.0 -1.9 -14.4 -3.0 615 123.0
2.69 -ve 1.1 -15.1 1.0 -0.2 Dec 21 BKRMR96 0.8 0.03 Equitable Holdings 29.75 USD 384 99.3 11,368 0.0 4.6 -9.3 -4.1 922 27.4
4.45 6.7 1.2 10.5 1.5 18.2 Sep 21 2350684 0.5 0.02 Franklin Resources 26.07 USD 500 56.9 7,423 0.0 -5.0 -22.2 -19.6 907 24.9
3.01 5.4 1.2 +ve 1.8 23.1 Dec 21 2407966 7.9 0.32 Goldman Sachs Group 332.67 USD 343 96.7 110,550 0.0 -0.2 -13.0 -19.5 662 226.1
1.51 12.0 2.5 18.0 6.1 22.2 Dec 21 BFSSDS9 4.0 0.16 Intercontinental Exc 100.85 USD 558 98.7 55,587 75.0 -1.1 -26.3 -15.6 895 95.0
1.23 6.6 1.8 -4.1 1.6 31.9 Dec 21 BG1FRR1 2.1 0.08 KKR & Co Inc 50.56 USD 593 96.3 28,863 0.0 -8.8 -32.1 -21.4 818 44.1
1.13 34.6 9.0 33.3 13.4 27.2 Dec 21 B03Q9D0 0.7 0.03 MarketAxess Holdings 248.59 USD 38 98.2 9,214 100.0 -8.2 -39.6 -47.8 127 33.2
3.64 10.2 1.5 3.8 2.4 15.3 Dec 21 2262314 7.7 0.31 Morgan Stanley 85.22 USD 1,749 72.8 108,632 0.0 1.1 -13.2 -18.4 2,628 230.6
1.34 21.7 4.6 27.2 5.0 21.2 Dec 21 2965107 1.5 0.06 Nasdaq 59.53 USD 494 69.4 20,428 50.0 -1.3 -15.0 -8.8 441 60.8
2.94 10.5 1.8 14.6 3.1 17.3 Dec 21 2648668 1.4 0.06 Northern Trust 95.09 USD 208 98.4 19,507 25.0 -4.7 -20.5 -19.8 402 39.9
4.00 9.1 3.0 7.9 3.6 35.9 Dec 21 2702337 1.9 0.08 Price (T. Rowe) Grp 120.00 USD 227 98.2 26,804 50.0 -2.8 -39.0 -46.4 626 78.5
1.30 15.9 2.7 3.4 2.3 18.5 Sep 21 2718992 1.4 0.06 Raymond James Financ 104.37 USD 217 89.6 20,277 0.0 6.0 4.0 11.9 326 34.3
1.24 21.6 2.8 60.8 6.8 12.7 Dec 21 2779397 7.7 0.31 Schwab (Charles) Cp 70.95 USD 1,816 83.6 107,733 50.0 2.8 -15.6 -2.6 2,484 179.8
1.46 12.4 4.0 11.9 3.9 33.6 Dec 21 2793610 0.4 0.02 SEI Invest Co 54.70 USD 137 75.7 5,686 100.0 -1.2 -10.2 -12.9 270 15.2
3.34 8.9 1.0 -3.7 2.1 11.5 Dec 21 2842040 1.8 0.07 State Street Corp. 68.35 USD 367 99.7 25,029 0.0 -3.8 -26.5 -26.4 516 36.8

5–202
August 2022 FTSE Russell

USA - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% USD (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Investment Banking & Brokerage
1.30 3.0 1.0 87.3 1.5 37.4 Dec 21 BKWQ2N2 0.4 0.02 Voya Financial 61.53 USD 102 99.1 6,235 0.0 2.3 -7.2 -5.3 320 19.9
1.71 9.0 1.6 16.8 2.7 19.2 1,404,061 -3.3 -15.5 -13.4 - -
Mortgage Real Estate Invt Trusts
12.05 9.6 0.7 4.1 2.6 7.1 Dec 21 BYYHJL8 36.8 0.02 AGNC Investment 11.95 USD 523 99.5 6,228 0.0 -5.2 -20.5 -26.7 2,418 30.0
13.64 4.7 0.9 3.5 18.1 19.0 Dec 21 2113456 63.2 0.03 Annaly Capital Manag 6.45 USD 1,661 99.6 10,680 0.0 -6.3 -17.5 -25.8 9,257 61.4
13.06 5.8 0.8 3.7 5.6 13.9 16,908 -5.9 -18.8 -26.2 - -
Life Insurance
2.69 8.8 1.6 7.6 1.7 18.5 Dec 21 2026361 24.7 0.11 Aflac 59.42 USD 644 98.9 37,888 0.0 3.7 1.8 4.8 931 56.8
0.85 12.9 1.6 6.7 1.9 13.0 Dec 21 BK6YKG1 5.7 0.03 Globe Life 97.19 USD 99 91.5 8,776 0.0 -3.5 3.7 1.2 153 15.3
3.91 5.5 0.4 52.4 0.4 6.7 Dec 21 2516378 5.1 0.02 Lincoln National Cor 46.06 USD 172 99.4 7,877 0.0 -10.3 -32.5 -32.9 702 34.0
3.11 8.0 1.1 4.2 0.7 13.8 Dec 21 2573209 28.8 0.13 Metlife 64.33 USD 814 84 44,058 0.0 1.7 2.9 3.8 1,743 113.8
3.42 10.6 1.5 5.9 1.3 14.3 Dec 21 2803014 12.2 0.05 Principal Financial 74.76 USD 253 98.7 18,658 0.0 11.7 3.4 11.9 779 58.6
5.01 4.7 1.0 3.7 0.5 22.0 Dec 21 2819118 23.4 0.10 Prudential Financial 95.75 USD 375 99.8 35,865 0.0 -4.2 -11.5 -9.6 641 64.0
3.40 7.1 1.1 5.1 0.8 15.6 153,122 0.8 -3.5 -1.4 - -
Non-life Insurance
0.00 10.4 1.3 6.1 1.0 12.7 Dec 21 2016801 1.8 0.03 Alleghany 841.18 USD 14 97 10,984 0.0 0.4 26.0 24.3 17 13.9
2.82 5.6 1.5 6.5 0.7 25.0 Dec 21 2019952 5.3 0.09 Allstate Corp 120.50 USD 275 99.4 32,964 0.0 3.0 2.4 -10.9 617 76.0
2.47 4.4 0.7 6.5 0.8 17.9 Dec 21 2027342 6.6 0.12 American Intl Group 51.75 USD 792 99.8 40,952 0.0 0.0 -9.0 -5.2 1,353 72.8

Country Details
0.80 42.3 55.9 27.2 4.9 61.5 Dec 21 BLP1HW5 9.5 0.17 Aon plc 279.26 USD 212 98.9 58,680 100.0 -4.0 -7.1 -2.6 319 92.6
0.00 7.9 1.4 5.0 1.9 17.4 Dec 21 2740542 2.7 0.05 Arch Capital Gp 45.72 USD 376 95.7 16,446 25.0 3.0 2.9 11.2 558 25.4
1.35 28.9 4.5 22.4 4.6 18.0 Dec 21 2359506 6.1 0.11 Arthur J Gallagher 181.57 USD 210 98.8 37,707 100.0 1.4 7.0 26.4 291 53.6
1.72 5.9 1.6 11.0 0.8 29.0 Dec 21 2331430 1.4 0.02 Assurant 158.49 USD 54 99.7 8,553 0.0 -9.8 1.7 -6.8 178 29.1
0.62 15.6 2.6 7.9 1.8 17.5 Dec 21 2093644 2.2 0.04 Berkley W R 64.80 USD 265 77.4 13,313 0.0 3.6 18.9 31.7 450 29.1
0.65 25.7 4.3 18.9 5.8 17.5 Dec 21 2692687 2.4 0.04 Brown & Brown 63.04 USD 283 83.3 14,872 75.0 -3.2 -10.3 8.6 360 23.7
1.76 9.1 1.4 7.2 2.0 15.7 Dec 21 B3BQMF6 12.9 0.23 Chubb Ltd 189.05 USD 424 99.4 79,627 0.0 0.2 -2.2 2.8 573 110.3
2.85 5.3 1.2 7.8 1.6 26.2 Dec 21 2196888 2.4 0.04 Cincinnati Fin Cp 96.96 USD 160 97.3 15,133 0.0 -0.4 -14.9 -21.4 382 38.1
4.16 8.7 0.9 5.2 0.9 10.6 Dec 21 2204866 0.2 0.00 CNA Financial Corp 38.46 USD 271 10 1,047 0.0 -9.3 -12.7 -13.3 106 4.3
2.45 7.8 1.1 2.8 0.9 14.4 Dec 21 2556868 1.7 0.03 Everest Re Group 269.05 USD 39 98.4 10,448 0.0 2.9 -1.8 1.6 76 20.3
4.50 4.3 1.2 2.7 0.7 28.8 Dec 21 BNBRDD4 1.7 0.03 FNF Group 39.10 USD 281 95.2 10,454 0.0 -2.2 -25.1 -19.9 559 22.2
2.39 8.8 1.3 5.1 0.9 15.5 Dec 21 2476193 3.4 0.06 Hartford Fin Svc Gp 64.31 USD 329 99.6 21,068 0.0 -0.2 -6.9 -4.3 608 40.2
0.45 8.6 0.8 5.2 0.9 9.5 Dec 21 2523022 1.8 0.03 Loew's 55.31 USD 246 82.5 11,240 0.0 -5.0 -4.2 -1.0 455 25.8
0.00 6.2 1.2 7.1 1.3 20.6 Dec 21 2566436 2.6 0.05 Markel Corp 1,194.11 USD 14 98.2 15,920 25.0 -7.9 -3.2 -6.0 18 21.4
1.46 23.1 7.4 23.0 4.1 34.9 Dec 21 2567741 13.0 0.23 Marsh & Mclennan 161.37 USD 502 99.7 80,797 75.0 -1.6 -7.2 2.7 688 115.3
0.33 21.2 4.1 9.2 1.5 20.3 Dec 21 2705024 11.6 0.21 Progressive Corp 122.65 USD 585 99.7 71,529 10.9 6.6 19.5 27.3 737 89.7
1.09 -89.3 1.0 4.8 1.1 -1.0 Dec 21 2728429 0.9 0.02 RenaissanceRe 135.26 USD 44 98.2 5,875 0.0 4.6 -20.1 -13.7 134 17.7
2.30 10.6 1.5 5.3 1.1 14.1 Dec 21 2769503 6.2 0.11 Travelers Cos Inc. 161.64 USD 240 99.6 38,664 0.0 1.9 3.3 1.2 514 85.0
1.59 5.0 1.7 11.2 2.6 38.1 Dec 21 BDB6Q21 3.7 0.07 Willis Towers Watson 206.83 USD 112 99.2 22,890 75.0 -0.1 -12.9 -6.3 247 52.2
1.48 10.2 1.9 8.3 1.5 19.2 619,162 0.1 -1.8 2.5 - -
Real Estate Investment & Services
0.00 12.4 3.1 10.7 0.9 27.1 Dec 21 B6WVMH3 42.8 0.07 CBRE Group 78.96 USD 331 99.5 25,998 100.0 -7.8 -27.2 -18.0 642 53.3
0.00 69.6 4.8 58.7 14.2 7.2 Dec 21 2262864 45.0 0.08 CoStar Group 69.64 USD 396 98.9 27,313 100.0 -4.1 -11.9 -17.8 572 41.4

5–203
0.00 -17.5 1.5 -2.6 1.0 -9.3 Dec 21 BVYJBR3 3.2 0.01 Zillow Group 33.40 USD 60 96.6 1,940 100.0 -4.6 -46.3 -65.1 374 13.7
0.00 -17.7 1.5 -2.6 1.0 -9.3 Dec 21 BYXJF62 9.0 0.02 Zillow Group CL C 33.46 USD 180 90.8 5,473 100.0 -4.1 -47.6 -65.1 1,501 54.4
0.00 29.2 3.2 +ve 1.6 7.1 60,724 -5.7 -24.9 -29.7 - -
Real Estate Investment Trusts
3.08 44.4 1.5 24.8 11.2 4.0 Dec 21 2009210 2.5 0.07 Alexandria Real Esta 153.40 USD 163 99 24,802 50.0 -7.5 -31.2 -25.7 361 58.5
2.25 31.3 23.2 24.5 12.6 82.1 Dec 21 B7FBFL2 11.9 0.34 American Tower Corp 254.05 USD 465 99.7 117,754 100.0 -6.2 -13.1 -13.0 544 146.7
3.17 28.0 2.6 23.3 12.2 9.2 Dec 21 2131179 2.8 0.08 Avalonbay Communitie 200.91 USD 140 99.7 28,009 25.0 -6.1 -20.5 -12.5 234 48.7
4.94 10.3 2.1 11.0 4.1 20.9 Dec 21 2019479 1.3 0.04 Boston Properties 79.43 USD 157 99.7 12,422 25.0 -12.9 -31.0 -29.7 418 35.8
3.44 46.2 9.0 27.1 11.7 18.1 Dec 21 BTGQCX1 7.5 0.21 Crown Castle Inc 170.83 USD 433 99.5 73,628 0.0 -5.4 -18.2 -12.3 480 85.2
3.95 18.1 2.0 20.7 6.1 11.4 Dec 21 B03GQS4 3.6 0.10 Digital Realty Trust 123.63 USD 285 99.5 35,051 75.0 -6.7 -30.1 -24.6 538 69.4
1.90 26.3 3.7 35.2 13.3 15.4 Dec 21 2284084 2.3 0.06 Duke Realty 58.85 USD 385 99.5 22,526 0.0 -5.9 -10.3 12.1 720 44.9
1.89 84.8 5.5 23.5 9.0 6.6 Dec 21 BVLZX12 6.0 0.17 Equinix Inc 657.37 USD 91 99.6 59,649 100.0 -6.6 -22.3 -22.1 173 119.0
2.34 49.7 9.2 21.8 10.3 19.8 Dec 21 2563125 1.3 0.04 Equity Lifestyle Pro 70.10 USD 186 95.2 12,423 0.0 -4.7 -20.0 -17.6 280 20.7
3.42 20.0 2.5 21.8 7.8 12.9 Dec 21 2319157 2.7 0.08 Equity Residential 73.18 USD 376 98.2 27,048 0.0 -6.6 -19.1 -13.0 569 43.6
3.32 35.4 2.9 16.3 10.9 8.1 Dec 21 2316619 1.7 0.05 Essex Prop Trust 265.06 USD 65 99.2 17,192 25.0 -7.5 -24.7 -19.9 139 39.3
3.02 30.6 8.6 28.0 15.5 30.8 Dec 21 B02HWR9 2.7 0.08 Extra Space Storage 198.73 USD 134 98.4 26,280 50.0 4.9 -12.3 6.3 295 60.2
4.23 31.9 3.3 17.1 7.7 10.7 Dec 21 BN7P9B2 0.8 0.02 Federal Realty Invs 101.27 USD 79 98.9 7,962 25.0 -4.1 -25.7 -16.8 224 23.9
4.57 28.2 2.2 17.8 6.8 7.6 Dec 21 BJBLRK3 1.4 0.04 HEALTHPEAK PROPT 26.25 USD 540 99.7 14,126 0.0 -5.0 -27.3 -27.1 1,614 44.2
1.35 -ve 2.0 43.5 4.4 -0.2 Dec 21 2567503 1.3 0.04 Host Hotels & Resort 17.77 USD 715 98.8 12,553 0.0 -0.2 2.2 7.3 2,987 54.9
2.43 84.8 2.3 24.4 10.8 2.9 Dec 21 BD81GW9 2.2 0.06 Invitation Homes 36.28 USD 610 99.7 22,096 100.0 -7.0 -20.0 -11.9 904 34.4
4.70 23.0 17.9 20.1 3.4 66.8 Dec 21 BVFTF03 1.5 0.04 Iron Mountain 52.61 USD 291 99.1 15,155 0.0 8.5 0.5 10.2 574 30.2
3.80 15.9 1.4 21.1 9.3 11.3 Dec 21 2491594 1.3 0.04 Kimco Realty Cp 21.08 USD 618 97.5 12,705 0.0 -4.7 -14.5 -3.3 1,424 31.6
3.02 36.1 3.2 21.4 9.6 9.0 Dec 21 2589132 1.9 0.05 Mid-America Apartmnt 165.67 USD 115 99.2 18,982 0.0 -10.8 -27.8 -13.9 206 36.8
2.54 30.6 2.8 30.8 14.5 9.2 Dec 21 B44WZD7 9.3 0.26 Prologis 124.51 USD 740 99.6 91,863 25.0 -6.1 -26.0 -7.5 951 125.3
2.42 32.1 11.1 22.8 16.9 36.2 Dec 21 2852533 5.2 0.15 Public Storage 330.83 USD 176 88.9 51,635 0.0 1.4 -8.1 6.4 264 90.0
4.35 +ve 1.6 31.1 19.2 2.0 Dec 21 2724193 4.2 0.12 Realty Income 68.28 USD 602 99.8 41,031 0.0 -7.7 -4.6 -2.4 1,458 105.1

5–203
FTSE All-World Review August 2022

USA - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% USD (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Real Estate Investment Trusts
4.11 26.5 1.7 15.9 8.3 6.6 Dec 21 2726177 1.1 0.03 Regency Centers 60.84 USD 172 99.2 10,403 0.0 -5.6 -19.3 -11.3 410 26.2
0.87 54.0 -6.6 29.5 15.2 N/A Dec 21 BZ6TS23 3.5 0.10 SBA Communications 325.25 USD 108 98.7 34,620 100.0 -3.1 -16.4 -9.4 237 80.5
6.67 14.9 10.1 9.2 6.5 71.1 Dec 21 2812452 3.4 0.10 Simon Property Group 101.98 USD 328 99.1 33,205 25.0 -6.1 -36.2 -24.2 647 70.2
2.29 44.1 2.7 24.8 7.9 6.8 Dec 21 2860257 1.9 0.05 Sun Communities 153.71 USD 122 98.4 18,403 0.0 -6.3 -26.8 -23.7 210 34.3
3.39 98.0 4.2 20.4 10.0 4.4 Dec 21 2727910 1.4 0.04 UDR 44.87 USD 318 99.4 14,206 50.0 -7.3 -25.2 -16.9 752 35.8
3.76 +ve 1.8 18.3 4.7 0.7 Dec 21 2927925 1.9 0.05 Ventas Inc 47.86 USD 400 99.6 19,070 0.0 -11.0 -6.4 -14.4 819 40.7
4.36 31.3 2.6 35.4 21.0 9.4 Dec 21 BYWH073 3.2 0.09 VICI Properties 32.99 USD 963 99.7 31,674 0.0 -3.5 9.6 6.7 2,410 82.7
8.09 46.4 1.0 6.6 3.1 2.1 Dec 21 2933632 0.5 0.01 Vornado Realty 26.22 USD 192 91.8 4,616 0.0 -13.7 -37.4 -37.4 887 25.3
5.04 39.1 2.1 17.3 11.7 5.7 Dec 21 B826YT8 1.6 0.05 W. P. Carey Inc. 84.03 USD 191 98.9 15,852 0.0 -5.9 2.4 7.6 365 31.5
3.18 +ve 2.0 27.3 7.3 0.7 Dec 21 BYVYHH4 3.5 0.10 Welltower Inc. 76.65 USD 454 99.9 34,772 0.0 -11.2 -10.6 -12.4 1,043 83.6
2.11 9.8 2.4 8.1 2.5 26.7 Dec 21 2958936 2.6 0.07 Weyerhaeuser 34.16 USD 745 99.8 25,382 0.0 -5.9 -14.1 -1.7 1,318 47.1
3.09 32.2 3.5 21.6 9.1 11.2 987,097 -5.7 -18.6 -11.5 - -
Automobiles and Parts
0.00 37.5 3.0 20.7 1.6 8.3 Dec 21 B783TY6 2.7 0.07 Aptiv PLC 93.43 USD 271 99.5 25,211 50.0 -10.9 -43.4 -38.6 695 70.9
3.29 15.3 2.6 9.0 0.8 17.7 Dec 21 2064253 0.7 0.02 Autoliv 77.79 USD 87 99.8 6,783 0.0 -9.5 -24.8 -12.0 164 13.4
1.80 14.5 1.3 6.9 0.6 9.3 Dec 21 2111955 1.0 0.03 BorgWarner 37.70 USD 240 99.4 8,983 0.0 -2.0 -16.4 -11.7 749 28.8
3.94 3.4 1.3 3.9 0.4 45.3 Dec 21 2615468 6.5 0.17 Ford Motor Company 15.24 USD 3,949 99.6 59,995 0.0 3.7 -26.6 17.0 18,235 284.2
0.94 5.6 0.9 3.7 0.4 19.0 Dec 21 B665KZ5 6.0 0.16 General Motors 38.21 USD 1,458 99.6 55,503 0.0 5.4 -34.8 -22.0 4,778 183.0
1.76 17.0 3.3 17.7 3.7 19.3 Dec 21 2366799 0.7 0.02 Gentex Corp 27.29 USD 235 99.9 6,398 25.0 -3.3 -21.7 -11.4 456 12.8
2.29 22.0 6.3 17.6 1.2 29.9 Dec 21 2367480 2.3 0.06 Genuine Parts 156.01 USD 142 97.8 21,617 0.0 2.1 11.3 27.7 355 55.5
2.22 18.5 1.8 12.4 0.4 9.8 Dec 21 B570P91 0.9 0.02 Lear Corp 138.64 USD 60 99.3 8,232 0.0 -8.3 -24.2 -13.3 185 27.0
1.88 12.6 2.6 11.0 1.2 20.9 Dec 21 2971029 1.5 0.04 LKQ 53.22 USD 283 93.3 14,054 25.0 -3.0 -11.3 1.0 626 34.3
0.00 -5.4 6.5 -24.2 +ve -ve Dec 21 BP0TR77 0.9 0.02 Lucid Group Inc (A) 15.34 USD 1,668 31.8 8,138 0.0 -15.9 -59.7 -23.1 6,377 112.9
0.00 -6.2 1.5 -11.1 +ve -51.7 Dec 21 BL98841 0.6 0.02 Rivian Automotive 32.71 USD 893 19.9 5,817 0.0 -4.6 -68.5 - 5,225 186.8
0.00 +ve 28.4 74.5 15.9 21.3 Dec 21 B616C79 76.0 2.01 Tesla 275.61 USD 3,108 81.7 700,408 100.0 -7.2 -21.8 12.4 9,380 6,364.8
0.47 26.9 5.4 20.1 2.3 23.5 921,139 -5.8 -24.1 4.2 - -
Consumer Services
0.00 30.1 8.1 28.7 10.6 31.3 Jul 21 2208073 16.3 0.07 Copart Inc 119.65 USD 238 89.5 25,452 100.0 -6.6 -21.1 -17.1 455 57.8
1.99 1.8 2.5 9.3 2.4 +ve Dec 21 2293819 15.8 0.07 Ebay 44.13 USD 560 99.8 24,673 100.0 -9.3 -33.6 -42.5 2,356 111.5
0.00 -5.1 3.6 -49.2 1.6 -64.6 Dec 21 BJT1RW7 2.9 0.01 Lyft 14.73 USD 340 89.9 4,505 100.0 6.3 -65.5 -69.1 5,277 92.3
0.00 +ve 38.0 64.8 8.8 5.7 Dec 21 B23X1H3 25.3 0.11 MercadoLibre Inc. 855.36 USD 50 91.5 39,467 100.0 5.1 -36.6 -54.2 259 248.6
1.18 41.1 15.4 41.4 6.9 40.0 Dec 21 2747305 5.0 0.02 Rollins Inc 33.76 USD 493 46.9 7,805 100.0 -12.5 -1.3 -13.3 584 21.3
0.00 -ve 3.9 -ve 3.2 -0.4 Dec 21 BK6N347 34.8 0.16 Uber Technologies 28.76 USD 1,964 96.1 54,281 100.0 22.6 -31.4 -26.5 9,347 280.7
0.37 11.4 5.3 37.6 4.1 54.9 156,182 4.5 -32.3 -39.5 - -
Household Goods & Home Constr.
1.26 6.0 1.7 46.9 0.9 31.3 Sep 21 2250687 28.4 0.07 D.R. Horton Inc 71.15 USD 352 91.5 22,933 25.0 -8.8 -34.4 -25.6 780 58.8
1.94 5.2 1.1 9.0 0.8 22.5 Nov 21 2511920 24.3 0.06 Lennar Class A 77.45 USD 259 98.1 19,661 0.0 -8.9 -33.3 -27.8 1,008 84.5
2.43 4.2 0.9 7.2 0.7 22.5 Nov 21 2578293 1.1 0.00 Lennar Corp. Cl B 61.68 USD 37 40.5 923 0.0 -9.1 -35.5 -29.5 24 1.6
5.15 10.7 1.8 8.3 0.7 17.4 Dec 21 2635701 8.3 0.02 Newell Brands 17.85 USD 414 91 6,724 0.0 -11.7 -18.3 -29.8 1,012 20.2
0.00 11.0 4.5 11.0 1.5 40.5 Dec 21 2637785 15.4 0.04 NVR Inc 4,140.06 USD 3 91.2 12,428 100.0 -5.8 -29.9 -20.1 7 30.5
1.48 5.0 1.3 9.6 0.7 27.7 Dec 21 2708841 11.9 0.03 Pulte Group 40.66 USD 238 99.2 9,593 0.0 -6.8 -28.9 -24.5 757 32.1
4.47 4.8 1.8 4.0 0.4 42.0 Dec 21 2960384 10.6 0.02 Whirlpool Corp 156.60 USD 56 97.6 8,593 0.0 -9.4 -33.3 -29.3 282 46.9
1.94 6.1 1.6 10.3 0.8 27.1 80,853 -8.5 -31.6 -26.0 - -
Leisure Goods
0.60 20.1 3.5 25.4 7.0 18.7 Dec 21 2575818 39.8 0.18 Activision Blizzard 78.49 USD 782 99.2 60,892 100.0 -1.8 18.0 -4.7 1,878 150.4
0.60 33.7 4.7 18.8 5.1 13.7 Mar 22 2310194 23.2 0.10 Electronic Arts 126.87 USD 281 99.4 35,495 0.0 -3.3 -3.8 -12.6 983 128.4
3.30 15.1 2.8 16.9 3.4 19.5 Dec 21 B3Z5T14 8.9 0.04 Garmin Ltd 88.49 USD 193 79.6 13,615 25.0 -9.4 -35.0 -49.3 319 30.6
3.55 18.8 3.6 13.4 1.7 19.8 Dec 21 2414580 6.8 0.03 Hasbro 78.82 USD 139 94 10,334 0.0 0.1 -22.6 -19.8 416 33.4
1.18 20.8 12.7 43.3 2.6 76.3 Dec 21 2781585 8.6 0.04 Pool 339.19 USD 40 97.2 13,199 0.0 -5.2 -40.1 -31.4 141 52.4
0.00 31.1 5.2 76.8 5.7 17.8 Mar 22 2122117 12.7 0.06 Take-Two Interactive 122.56 USD 162 97.7 19,371 100.0 -7.7 -31.0 -24.0 998 125.9
1.01 22.5 4.1 23.8 4.5 19.1 152,906 -3.8 -10.4 -18.6 - -
Personal Goods
0.94 23.1 10.5 19.4 3.3 43.8 Jun 22 2320524 24.7 0.17 Lauder (Estee) 254.38 USD 232 98.8 58,307 100.0 -6.9 -31.3 -25.3 378 102.1
0.00 42.4 15.0 30.0 6.7 36.5 Jan 22 B23FN39 14.1 0.10 lululemon athletica 299.96 USD 123 90.7 33,440 100.0 -3.4 -23.4 -25.0 423 133.8
1.15 27.3 11.0 32.4 3.6 44.0 May 22 2640147 55.1 0.37 Nike Inc Cl B 106.45 USD 1,269 96.4 130,305 100.0 -7.4 -36.1 -35.4 2,200 247.7
4.83 11.5 4.6 18.7 1.4 42.6 Apr 22 2928683 6.1 0.04 VF Corp 41.45 USD 389 89.7 14,461 50.0 -7.2 -43.4 -45.8 984 43.8
1.16 25.3 10.4 26.5 3.4 43.1 236,512 -6.7 -33.9 -32.6 - -
Media
0.00 -3.7 -2.6 -7.7 1.9 N/A Dec 21 BH4HLL3 1.0 0.01 AMC Entertainment 9.12 USD 517 99.7 4,703 0.0 25.3 -32.9 -61.3 15,608 281.7
0.00 50.5 2.3 36.7 3.0 4.7 Oct 21 2270726 43.8 0.59 Disney (Walt) Co. 112.08 USD 1,821 99.9 204,015 25.0 5.6 -27.6 -38.2 4,015 464.1
1.58 14.3 1.6 9.7 1.3 11.3 Jun 22 BJJMGY5 1.0 0.01 Fox Corporation Clas 31.62 USD 247 58.5 4,576 75.0 2.3 -7.7 -8.7 488 15.7
1.46 14.9 1.7 10.0 1.4 11.3 Jun 22 BJJMGL2 2.3 0.03 Fox Corporation Clas 34.18 USD 316 98 10,583 50.0 3.2 -7.4 -8.7 1,035 36.0
4.20 10.5 3.1 5.2 1.1 32.4 Dec 21 2466321 2.3 0.03 Interpublic Group Co 27.64 USD 394 99.6 10,845 0.0 -7.5 -26.2 -25.8 1,177 34.6
0.00 23.3 1.7 7.4 1.6 7.4 Dec 21 BD8QGF7 0.7 0.01 LIBERTY SIRIUSXM SER 41.54 USD 99 75.7 3,111 0.0 4.2 -18.3 -16.1 294 12.5
0.00 22.5 1.7 7.1 1.6 7.4 Dec 21 BD8QGH9 1.4 0.02 LIBERTY SIRIUSXM SER 41.36 USD 220 70 6,387 0.0 3.9 -18.7 -16.2 309 13.1
0.00 5.8 6.3 +ve 3.3 +ve Dec 21 2857817 21.0 0.28 Netflix Inc 223.56 USD 444 98.4 97,769 100.0 -0.6 -62.9 -60.7 2,513 585.6
1.18 13.1 1.2 7.4 1.0 9.3 Jun 22 BBGVT40 1.4 0.02 News Corporation Cl 16.92 USD 389 99.1 6,516 0.0 -1.3 -24.2 -24.7 1,171 20.8

5–204
August 2022 FTSE Russell

USA - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% USD (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Media
1.16 13.0 1.2 7.3 1.0 9.3 Jun 22 BBGVT51 0.4 0.01 News Corporation Cl 17.24 USD 197 61 2,078 0.0 -0.2 -23.4 -21.7 285 5.1
0.86 11.3 3.0 15.0 2.9 33.0 Dec 21 BWFY550 2.1 0.03 Nielsen Holdings 27.84 USD 360 99.3 9,951 0.0 16.2 35.7 29.7 1,475 39.7
4.19 9.5 4.2 7.1 1.0 45.8 Dec 21 2279303 2.9 0.04 Omnicom Group 66.90 USD 206 98.6 13,584 0.0 -4.2 -8.7 -8.6 428 30.2
4.10 3.3 0.7 15.9 0.5 24.7 Dec 21 BKTNTR9 2.9 0.04 Paramount Global (B) 23.39 USD 608 94.5 13,462 75.0 -1.1 -22.5 -43.6 3,674 92.2
1.44 16.2 -9.1 12.0 2.8 N/A Dec 21 BGLDK10 0.9 0.01 Sirius XM Holdings 6.09 USD 3,936 17.9 4,310 100.0 -8.8 -0.5 0.8 5,863 38.0
0.00 -ve 8.6 48.8 1.8 -0.0 Dec 21 BFZ1K46 3.2 0.04 SPOTIFY TECHNOLOGY S 108.15 USD 192 72.7 15,109 100.0 -4.3 -53.8 -53.8 378 43.8
0.00 +ve 20.0 80.7 25.5 11.2 Dec 21 BD8FDD1 5.9 0.08 THE TRADE DESK 62.70 USD 442 99.1 27,462 0.0 39.3 -31.6 -21.7 2,451 158.2
0.00 21.0 8.2 34.0 7.8 41.0 Dec 21 BM8JYX3 6.7 0.09 Warner Bros 13.24 USD 2,427 97 31,175 75.0 -11.7 -43.8 -54.1 9,746 135.8
0.44 15.0 2.9 27.8 2.4 20.4 465,635 3.1 -41.4 -44.8 - -
Retailers
3.56 15.9 3.3 9.3 0.9 19.4 Jan 22 2822019 0.4 0.03 Advance Auto Parts 168.64 USD 61 99.7 10,276 25.0 -12.9 -29.7 -16.9 243 46.0
0.00 38.1 9.3 27.8 2.7 29.2 Dec 21 2000019 45.9 3.24 Amazon.Com 126.77 USD 10,174 87.2 1,125,652 100.0 -6.1 -24.0 -27.0 17,677 2,427.7
0.00 19.4 -23.4 12.0 2.9 N/A Aug 21 2065955 1.7 0.12 Autozone 2,119.21 USD 20 99.6 41,930 75.0 -0.9 1.1 36.8 41 89.3
2.14 6.7 -5.9 6.0 1.1 N/A Jan 22 BNNTGJ5 0.4 0.03 Bath & Body Works 37.33 USD 239 99.8 8,902 0.0 5.0 -46.5 -44.7 1,553 59.5
4.98 6.3 5.3 4.9 0.3 66.7 Jan 22 2094670 0.6 0.04 Best Buy Company 70.69 USD 225 89.1 14,181 0.0 -8.2 -30.4 -39.3 910 70.0
0.00 21.1 12.2 11.1 1.0 71.8 Jan 22 BF311Y5 0.4 0.03 Burlington Stores 140.19 USD 66 99.4 9,211 100.0 -0.7 -51.9 -53.2 297 45.9
0.00 11.9 2.7 -5.6 0.4 24.9 Feb 22 2983563 0.6 0.04 Carmax Inc 88.44 USD 161 99.7 14,156 75.0 -11.2 -32.1 -29.4 392 37.8
0.00 -50.4 21.9 -2.6 0.5 -38.4 Dec 21 BYQHPG3 0.1 0.01 Carvana 32.99 USD 106 85.7 2,990 0.0 13.2 -85.8 -89.9 3,299 138.3
0.69 46.2 13.2 25.8 1.2 27.9 Aug 21 2701271 9.4 0.66 Costco Wholesale Cp 522.10 USD 443 99.7 230,928 37.7 -3.5 -8.0 14.6 837 453.0

Country Details
0.00 -19.2 13.6 -72.1 1.6 N/A Dec 21 BNYHDF3 0.4 0.03 Coupang 16.90 USD 1,577 36.7 9,793 0.0 -2.3 -42.5 -43.6 2,438 44.8
0.93 22.6 8.7 19.0 1.6 37.2 Jan 22 B5B1S13 2.2 0.16 Dollar General 237.42 USD 229 99.7 54,225 75.0 -4.4 0.7 6.5 552 137.3
0.00 22.3 4.0 21.3 1.2 18.3 Jan 22 2272476 1.2 0.08 Dollar Tree 135.68 USD 225 94.2 28,775 100.0 -17.9 -3.4 49.9 1,087 169.3
0.00 25.7 21.4 20.6 5.8 76.1 Dec 21 BWTN5N1 0.5 0.04 Etsy 105.61 USD 127 99.2 13,327 0.0 1.8 -51.8 -51.2 1,189 131.0
0.00 2.3 43.4 -12.3 1.7 N/A Dec 21 BFD20M9 0.1 0.01 Farfetch 10.03 USD 328 94.8 3,121 0.0 26.3 -70.0 -76.0 3,678 35.9
2.64 18.1 -ve 18.0 2.0 +ve Jan 22 2434209 12.1 0.86 Home Depot 288.42 USD 1,033 99.8 297,719 75.0 -4.2 -30.5 -11.6 1,150 357.0
2.16 15.2 -26.7 12.7 1.3 N/A Jan 22 2536763 5.2 0.37 Lowes Cos Inc 194.14 USD 661 99.9 128,284 50.0 1.4 -24.9 -4.8 1,429 290.4
0.00 21.2 -ve 14.3 3.4 +ve Dec 21 B65LWX6 1.9 0.13 O Reilly Auto 697.12 USD 66 98.9 45,455 100.0 -0.9 -1.3 17.3 203 145.6
1.44 17.6 7.5 17.4 1.6 46.9 Jan 22 2746711 1.2 0.09 Ross Stores 86.27 USD 351 98 29,725 100.0 6.2 -24.5 -27.1 1,210 106.2
2.69 10.7 5.8 8.6 0.7 51.1 Jan 22 2259101 3.0 0.21 Target Corp 160.34 USD 464 99.7 74,180 0.0 -1.9 -30.7 -35.1 1,447 242.8
1.89 22.3 12.2 23.9 1.5 55.5 Jan 22 2989301 3.0 0.21 TJX Companies 62.35 USD 1,174 99.8 73,126 100.0 1.9 -17.9 -14.3 1,843 118.8
1.99 16.4 10.3 18.2 1.6 64.3 Dec 21 2900335 0.8 0.06 Tractor Supply 185.15 USD 112 99.7 20,668 100.0 -3.3 -22.4 -4.7 469 91.4
0.00 22.2 14.3 20.7 2.5 55.8 Jan 22 B28TS42 0.9 0.06 Ulta Beauty 419.87 USD 52 98.2 21,535 100.0 8.0 1.8 8.4 427 170.4
1.69 26.7 4.4 14.0 0.6 16.7 Jan 22 2936921 7.8 0.55 Walmart 132.55 USD 2,753 52.3 190,893 0.0 0.4 -8.4 -10.5 3,000 398.4
0.00 -43.4 -3.5 13.8 0.4 N/A Dec 21 BQXZP64 0.2 0.01 Wayfair 52.71 USD 80 96.6 4,052 0.0 -2.2 -72.3 -81.2 1,000 61.6
0.87 25.6 11.0 20.6 1.6 38.4 2,453,104 -4.0 -22.5 -19.0 - -
Travel and Leisure
0.00 -4.3 -1.1 12.0 0.3 N/A Dec 21 BCV7KT2 0.3 0.01 American Airlines Gr 12.99 USD 650 25 2,109 0.0 -5.3 -27.7 -34.9 8,640 124.4
1.23 +ve 3.4 14.0 0.8 0.5 Oct 21 BH3XG17 1.2 0.02 Aramark 35.71 USD 257 90 8,260 0.0 6.9 -3.1 2.6 730 26.5
0.00 57.4 12.3 27.0 7.0 24.0 Dec 21 BDRXDB4 11.0 0.22 Booking Holdings 1,875.81 USD 41 99.8 76,100 100.0 -3.1 -21.8 -18.4 158 314.7
0.00 -10.5 2.1 7.8 1.0 -18.5 Dec 21 BMWWGB0 1.3 0.03 Caesars Entertainmen 43.12 USD 214 95.5 8,828 0.0 -5.6 -53.9 -57.6 1,266 60.3
0.00 -1.3 1.0 -2.9 6.3 -58.1 Nov 21 2523044 1.3 0.03 Carnival Corp A 9.46 USD 1,092 87.4 9,037 0.0 4.4 -53.0 -60.8 14,249 142.5

5–205
0.00 68.4 19.4 34.8 5.9 30.2 Dec 21 B0X7DZ3 6.4 0.13 Chipotle Mexican Gri 1,596.80 USD 28 99.3 44,349 100.0 2.1 -8.7 -16.1 59 95.4
3.91 15.8 7.0 12.3 1.6 38.9 May 22 2289874 2.2 0.04 Darden Restaurants 123.71 USD 125 99.6 15,380 25.0 -0.6 -17.9 -17.9 325 41.5
0.00 68.7 5.1 6.1 0.7 10.7 Dec 21 B1W9D46 0.7 0.01 Delta Air Lines 31.07 USD 641 25 4,979 0.0 -2.3 -20.5 -23.2 3,072 102.2
1.18 25.1 -3.2 20.5 3.1 N/A Jan 22 B01SD70 1.9 0.04 Dominos Pizza 371.86 USD 36 99.4 13,329 100.0 -5.2 -34.1 -28.1 167 66.4
0.00 -4.8 4.1 -16.3 5.3 -64.7 Dec 21 BLDDH12 0.8 0.01 DRAFTKINGS INC (A) 16.06 USD 426 75.9 5,191 0.0 17.0 -41.5 -72.9 6,357 114.7
0.00 -95.0 7.9 4.3 1.9 -9.5 Dec 21 B748CK2 2.2 0.04 Expedia Group 102.65 USD 152 99.5 15,491 75.0 -3.2 -43.2 -29.0 1,194 127.3
0.47 65.0 -43.2 +ve 14.5 N/A Dec 21 BYVMW06 5.1 0.10 Hilton Worldwide 127.36 USD 278 98.3 34,852 100.0 -0.6 -18.4 2.0 559 73.7
0.00 -30.5 14.4 +ve 6.8 -38.0 Dec 21 B02T2J7 1.8 0.04 Las Vegas Sands 37.63 USD 764 43.2 12,422 0.0 -0.2 0.0 -15.6 1,472 55.7
0.00 -43.2 -35.4 11.6 3.3 N/A Dec 21 B0T7YX2 2.0 0.04 Live Nation Entertai 90.36 USD 228 67.4 13,890 100.0 -3.9 -24.5 4.2 381 36.4
0.78 39.8 35.6 42.8 14.7 +ve Dec 21 2210614 6.1 0.12 Marriott Internation 153.74 USD 327 83.7 42,132 100.0 -3.2 -7.0 13.8 811 129.2
2.19 23.7 -40.6 20.4 8.0 N/A Dec 21 2550707 27.0 0.54 McDonalds Corp 252.28 USD 740 99.8 186,254 25.0 -4.2 -5.9 6.2 844 220.1
0.03 10.1 2.3 10.1 1.5 21.8 Dec 21 2547419 1.7 0.03 MGM Resorts Internat 32.64 USD 426 83.3 11,591 0.0 -0.3 -27.3 -23.4 1,672 57.5
0.00 -1.2 5.7 -1.7 1.0 -ve Jun 22p BJ7WJS2 0.4 0.01 Peloton Interactive 10.19 USD 303 98 3,028 0.0 7.4 -71.5 -89.8 6,570 76.8
0.00 -2.6 2.0 -5.5 6.8 -57.6 Dec 21 2754907 1.3 0.03 Royal Caribbean Grou 40.85 USD 255 86.2 8,979 25.0 5.5 -46.9 -50.6 2,546 101.8
0.00 18.3 2.1 9.4 1.4 12.3 Dec 21 2831543 0.8 0.02 Southwest Airlines 36.70 USD 593 25 5,440 0.0 -3.7 -14.3 -26.3 1,674 64.3
2.33 21.8 -18.1 16.1 3.3 N/A Oct 21 2842255 14.0 0.28 Starbucks 84.07 USD 1,147 99.8 96,306 100.0 -0.8 -28.1 -28.4 2,549 219.4
0.00 -6.0 2.3 5.5 0.5 -34.9 Dec 21 B4QG225 0.4 0.01 United Airlines Hldg 35.01 USD 327 25 2,860 0.0 -4.7 -20.0 -24.7 2,869 108.7
3.40 68.4 5.7 17.3 4.8 9.2 Jul 21 2954194 1.3 0.03 Vail Resorts 224.68 USD 41 98.9 9,018 75.0 -5.3 -31.5 -26.3 78 18.4
0.00 -9.5 -32.8 -31.6 1.9 N/A Dec 21 2963811 0.9 0.02 Wynn Resorts 60.59 USD 116 91.4 6,423 25.0 -4.6 -28.8 -40.4 841 54.3
2.05 19.4 -3.8 18.8 4.9 N/A Dec 21 2098876 4.6 0.09 Yum Brands 111.24 USD 288 99.9 32,035 50.0 -9.2 -19.9 -15.1 640 74.9
0.96 20.4 3.0 18.7 2.1 15.6 Dec 21 BYW4289 3.1 0.06 Yum China Holdings 50.11 USD 421 99.8 21,086 75.0 2.9 0.5 -18.6 662 32.1
1.28 +ve 23.3 24.4 3.7 -17.5 689,371 -2.3 -20.1 -19.1 - -
Beverages
1.04 41.4 12.7 37.1 8.8 31.1 Apr 22 2146838 2.2 0.04 Brown-Forman B 72.70 USD 310 59.1 13,316 0.0 -2.0 -0.2 5.0 384 29.0

5–205
FTSE All-World Review August 2022

USA - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% USD (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Beverages
2.85 26.9 11.6 21.2 6.9 47.0 Dec 21 2206657 39.2 0.69 Coca-Cola 61.71 USD 4,335 89.9 240,711 0.0 -3.8 4.2 9.6 4,240 270.3
4.80 17.8 2.8 9.4 1.4 16.5 Dec 21 BYQQ3P5 1.6 0.03 CocaCola Europacific 49.17 USD 457 44.1 9,910 0.0 -9.1 -12.1 -14.8 564 29.2
1.30 -ve 3.9 16.8 5.2 -0.3 Feb 22 2170473 6.2 0.11 Constellation Brands 246.05 USD 163 94.9 38,019 100.0 -0.1 -2.0 16.5 300 73.8
1.97 23.6 2.2 18.8 4.3 9.4 Dec 21 BD3W133 5.3 0.09 Keurig Dr Pepper 38.12 USD 1,419 60.3 32,633 0.0 -1.6 3.4 6.9 3,231 126.8
2.94 9.4 0.9 7.3 1.1 9.5 Dec 21 B067BM3 1.5 0.03 Molson Coors Bev Co 51.67 USD 201 87.1 9,025 0.0 -13.5 11.5 8.7 576 31.6
0.00 34.0 7.2 40.7 8.5 23.6 Dec 21 BZ07BW4 5.4 0.09 Monster Beverage 88.83 USD 530 70 32,969 100.0 -10.8 -7.5 -9.0 1,313 119.9
2.67 30.2 14.8 20.5 3.0 53.6 Dec 21 2681511 38.7 0.68 Pepsico 172.27 USD 1,383 99.8 237,920 75.0 -1.5 -0.8 10.2 1,991 351.6
2.48 29.3 7.6 20.2 4.1 26.3 614,503 -3.2 0.8 8.3 - -
Food Producers
1.82 17.2 2.2 7.5 0.6 13.6 Dec 21 2047317 11.6 0.14 Archer Daniels Mid. 87.89 USD 563 99.3 49,152 0.0 6.2 30.0 46.5 968 83.1
2.52 7.2 2.2 -5.2 0.3 33.9 Dec 21 2788713 3.3 0.04 Bunge 99.17 USD 152 92.1 13,866 0.0 7.4 6.2 31.0 468 46.2
2.94 14.6 4.8 14.7 1.8 36.5 Aug 21 2162845 2.3 0.03 Campbell Soup 50.38 USD 302 64.1 9,746 0.0 2.1 15.9 20.7 747 37.6
3.84 17.4 1.9 14.0 1.4 10.9 May 22 2215460 3.8 0.05 ConAgra Brands Inc 34.38 USD 480 97.8 16,151 0.0 0.5 0.7 3.8 1,151 40.1
0.98 17.9 1.8 16.3 2.8 9.9 Dec 21 BK73B42 10.5 0.13 Corteva 61.43 USD 724 99.9 44,433 0.0 6.7 29.9 39.7 1,125 67.5
2.81 17.1 4.4 13.9 2.4 27.1 May 22 2367026 10.9 0.13 General Mills 76.80 USD 602 99.8 46,192 0.0 2.7 14.0 32.8 1,345 103.3
1.84 29.2 16.2 21.3 5.0 61.3 Dec 21 2422806 7.7 0.09 Hershey Company 224.67 USD 146 99.7 32,732 50.0 -1.4 16.1 26.4 294 67.3
2.07 28.7 3.9 27.3 2.4 14.2 Oct 21 2437264 3.4 0.04 Hormel Foods 50.28 USD 545 52.4 14,386 25.0 1.9 3.0 10.4 588 29.6
2.91 17.8 1.9 13.4 1.9 10.5 Apr 22 2951452 3.4 0.04 J M Smucker 139.99 USD 109 96.5 14,658 0.0 5.8 3.1 13.2 376 51.9
3.24 16.5 6.6 14.4 1.7 43.6 Jan 22 2486813 4.3 0.05 Kellogg 72.74 USD 338 74.5 18,324 0.0 -1.6 12.9 15.2 848 63.5
4.28 45.1 0.9 8.5 1.8 2.0 Dec 21 BYRY499 6.1 0.08 Kraft Heinz 37.40 USD 1,224 56.9 26,092 0.0 1.5 4.2 3.9 2,767 105.5
1.23 55.6 31.9 27.5 2.8 49.1 May 22 BDQZFJ3 2.7 0.03 Lamb Weston Holdings 79.53 USD 144 99.5 11,439 100.0 -0.2 25.5 22.1 396 32.1
1.76 29.3 5.3 28.0 3.7 19.0 Nov 21 2550161 4.9 0.06 McCormick & Co 84.07 USD 250 99.9 21,033 75.0 -3.8 -13.0 -2.6 410 36.4
2.26 19.3 3.0 20.7 3.0 15.9 Dec 21 B8CKK03 20.1 0.25 Mondelez Internation 61.86 USD 1,384 99.7 85,384 0.0 -3.4 -6.7 -0.3 2,667 170.9
2.44 8.2 1.5 7.1 0.6 19.9 Oct 21 2909730 5.0 0.06 Tyson Foods Inc A 75.38 USD 293 97.2 21,432 0.0 -14.4 -13.5 -4.0 832 67.4
2.33 18.0 2.6 15.4 1.4 15.0 425,020 0.3 7.0 16.1 - -
Tobacco
7.98 32.2 -50.9 9.7 3.9 +ve Dec 21 2692632 35.6 0.23 Altria Group 45.12 USD 1,811 99.9 81,638 0.0 2.9 -4.8 -10.2 2,563 115.4
5.24 16.1 -14.6 12.4 4.7 N/A Dec 21 B2PKRQ3 64.4 0.43 Philip Morris Intern 95.49 USD 1,550 99.8 147,823 0.0 -1.7 0.5 -7.3 1,543 152.0
6.21 19.6 -19.6 11.3 4.4 +ve 229,461 -0.1 -1.4 -8.3 - -
Personal Care, Drug & Grocery St.
1.26 17.8 +ve 11.5 0.1 N/A Sep 21 2795393 2.8 0.06 AmerisourceBergen 146.56 USD 210 71 21,824 0.0 0.4 10.3 19.9 384 56.0
1.25 20.8 6.3 20.4 3.9 31.3 Dec 21 2195841 2.6 0.06 Church & Dwight 83.71 USD 243 99.8 20,286 75.0 -4.8 -18.3 0.1 579 50.5
3.27 36.0 32.0 22.6 2.5 +ve Jun 22 2204026 2.3 0.05 Clorox 144.34 USD 123 99.9 17,752 75.0 1.8 -17.2 -14.1 389 56.3
2.40 29.1 +ve 19.7 3.8 +ve Dec 21 2209106 8.3 0.19 Colgate-Palmolive 78.21 USD 838 98.6 64,678 50.0 -0.7 -8.4 0.3 1,595 128.8
2.24 12.6 1.7 7.0 0.4 14.1 Dec 21 2577609 16.5 0.37 CVS Health Corporati 98.15 USD 1,311 99.8 128,531 0.0 2.6 -4.9 13.6 1,720 175.4
3.64 23.6 83.6 15.7 2.2 +ve Dec 21 2491839 5.5 0.12 Kimberly-Clark 127.52 USD 337 99.7 42,849 50.0 -3.2 -10.8 -7.5 486 65.0
2.17 20.4 3.7 5.6 0.3 17.8 Jan 22 2497406 4.0 0.09 Kroger 47.94 USD 721 90.7 31,377 0.0 3.2 5.9 4.1 1,751 84.1
0.59 33.4 -23.4 13.7 0.2 N/A Mar 22 2378534 6.8 0.15 McKesson 367.00 USD 145 99.9 53,178 0.0 7.4 47.6 79.8 394 140.8
0.00 32.1 16.5 43.2 14.4 51.1 Dec 21 BNKJ933 0.2 0.00 Olaplex Holdings 13.32 USD 649 19.1 1,652 0.0 -22.6 -54.3 - 793 12.1
2.65 22.0 7.2 19.8 4.1 33.0 Jun 22 2704407 42.3 0.95 Procter & Gamble 137.94 USD 2,399 99.5 329,353 0.0 -0.7 -15.7 -3.1 2,337 338.9
2.38 28.0 30.2 23.3 0.6 +ve Jul 22 2868165 5.4 0.12 Sysco Corp 82.22 USD 507 99.9 41,694 25.0 -3.2 4.7 3.2 786 66.6
5.48 9.9 1.3 5.5 0.2 13.9 Aug 21 BTN1Y44 3.2 0.07 Walgreens Boots Alli 35.06 USD 864 82.9 25,108 0.0 -11.5 -32.8 -30.9 2,904 111.6
2.47 19.9 5.1 12.9 0.7 24.1 778,283 -0.3 -8.9 2.4 - -
Construction and Materials
1.53 18.8 4.9 14.8 1.6 27.1 Dec 21 BK4N0D7 21.5 0.10 Carrier Global 39.12 USD 848 99.7 33,103 0.0 -3.5 -27.9 -32.1 1,584 66.0
1.82 9.6 2.6 11.7 1.0 28.6 Dec 21 B3MC7D6 5.2 0.02 Fortune Brands Home 61.43 USD 131 99.6 8,004 0.0 -11.8 -42.5 -36.9 387 25.9
0.74 28.1 2.7 22.1 1.1 9.7 Oct 21 BNGC0D3 10.3 0.05 Jacobs Solutions Inc 124.58 USD 129 99.1 15,891 0.0 -9.3 -10.5 -7.7 205 26.5
0.76 29.9 3.3 19.1 4.0 11.7 Dec 21 2572079 14.0 0.06 Martin Merietta Mate 347.71 USD 62 99.5 21,582 75.0 -1.2 -21.1 -8.8 122 43.7
2.20 26.9 -67.1 12.9 1.4 +ve Dec 21 2570200 7.8 0.03 Masco Corp 50.87 USD 236 99.6 11,965 75.0 -8.1 -27.6 -16.2 655 34.9
0.00 6.6 0.8 5.4 0.6 12.5 Dec 21 2598699 3.8 0.02 Mohawk Industries 110.36 USD 64 82.5 5,792 0.0 -14.1 -39.4 -44.2 200 23.7
1.74 27.3 6.5 26.6 3.0 24.4 Dec 21 BK9ZQ96 23.3 0.10 Trane Technologies 154.07 USD 234 99.5 35,883 25.0 4.8 -23.7 -22.4 514 80.8
0.96 29.9 3.4 21.9 4.0 11.8 Dec 21 2931205 14.3 0.06 Vulcan Materials 166.49 USD 133 99.4 21,999 100.0 0.7 -19.8 -10.5 259 44.4
1.32 21.3 3.8 16.9 1.9 18.1 154,219 -2.8 -25.0 -22.1 - -
Aerospace and Defense
0.00 -24.2 -6.3 -27.8 1.5 N/A Dec 21 2108601 15.3 0.25 Boeing 160.25 USD 592 92.5 87,725 100.0 0.6 -20.4 -27.0 2,051 340.4
2.20 18.3 3.6 15.0 1.7 20.9 Dec 21 2365161 9.8 0.16 General Dynamics Cp 228.93 USD 278 88.5 56,327 25.0 1.0 9.8 14.3 337 78.6
0.15 45.1 7.4 37.5 8.9 17.4 Oct 21 2237561 1.7 0.03 Heico Cl A 122.58 USD 81 96.7 9,656 100.0 -4.0 -4.6 7.3 57 7.2
0.12 55.9 9.1 46.5 11.1 17.4 Oct 21 2419217 1.2 0.02 Heico Corp 152.30 USD 55 82.3 6,832 100.0 -3.4 5.6 20.1 101 16.0
0.23 50.7 4.3 33.0 3.0 8.4 Dec 21 BKLJ8V2 2.3 0.04 Howmet Aerospace Inc 35.43 USD 418 89.5 13,255 0.0 -4.6 11.3 11.6 1,085 40.7
2.05 14.6 3.3 12.1 1.0 26.8 Dec 21 B40SSC9 1.6 0.03 Huntington Ingalls I 230.26 USD 40 98 9,043 50.0 6.2 23.3 12.8 106 24.4
1.96 17.8 2.3 16.4 2.5 12.4 Dec 21 BK9DTN5 7.6 0.13 L3Harris Tech 228.19 USD 193 99.6 43,849 100.0 -4.9 7.0 -2.1 332 78.1
2.67 16.5 10.2 12.1 1.7 79.8 Dec 21 2522096 17.3 0.29 Lockheed Martin Corp 420.11 USD 266 89.1 99,613 100.0 1.5 18.2 16.8 306 131.6
1.45 10.3 5.7 20.8 2.1 61.3 Dec 21 2648806 12.2 0.20 Northrop Grumman Cp 477.99 USD 155 94 69,900 98.6 -0.2 23.5 30.0 208 100.3
2.45 21.2 1.8 18.9 2.1 8.7 Dec 21 BM5M5Y3 23.2 0.38 Raytheon Technologie 89.75 USD 1,487 99.8 133,328 0.0 -3.7 4.3 5.9 1,537 143.3
0.13 16.8 2.0 8.4 1.1 12.6 Jan 22 2885937 2.3 0.04 Textron 62.38 USD 215 99.6 13,373 25.0 -5.0 -19.2 -14.2 371 24.3
0.00 44.7 -11.4 36.5 6.9 N/A Sep 21 B11FJK3 5.5 0.09 TransDigm 600.39 USD 56 94.5 31,472 100.0 -0.8 -3.0 1.6 83 52.6
1.62 24.2 4.5 22.2 1.9 19.1 574,373 -1.1 3.5 2.8 - -
Electronic and Electrical Equipment
1.72 16.2 11.0 17.1 2.9 65.1 Dec 21 BFRT3W7 2.6 0.02 Allegion PLC 95.10 USD 88 99.5 8,316 100.0 -10.0 -28.2 -34.0 213 21.9

5–206
August 2022 FTSE Russell

USA - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% USD (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Electronic and Electrical Equipment
0.73 23.6 4.0 23.9 5.0 18.3 Dec 21 2089212 8.7 0.08 Ametek Inc 120.16 USD 231 99.5 27,635 75.0 -2.7 -18.3 -11.6 391 49.2
2.52 17.5 4.9 13.6 2.7 30.3 Sep 21 2313405 15.2 0.14 Emerson Electric 81.74 USD 594 99.2 48,208 0.0 -9.2 -12.1 -22.5 821 71.8
1.19 30.2 5.5 27.1 5.5 18.9 Dec 21 2456612 4.8 0.04 IDEX Corp 201.21 USD 76 99.7 15,255 100.0 -3.6 -14.9 -10.2 156 33.0
2.59 18.2 2.1 15.1 1.6 11.8 Sep 21 BY7QL61 11.8 0.11 Johnson Controls Int 54.14 USD 696 99.8 37,604 0.0 0.4 -33.4 -27.6 1,462 81.3
0.00 27.9 7.9 22.6 6.0 30.2 Oct 21 BQZJ0Q9 9.3 0.09 Keysight Technologie 163.89 USD 182 99.4 29,649 75.0 0.8 -20.6 -8.6 330 55.6
0.00 33.0 +ve 30.3 7.4 +ve Dec 21 2126249 8.5 0.08 Mettler-Toledo 1,212.46 USD 23 98.4 27,076 100.0 -10.2 -28.6 -21.9 31 39.6
1.89 12.7 3.0 12.0 2.0 25.6 Dec 21 BLS09M3 2.3 0.02 Pentair plc 44.50 USD 165 99.2 7,306 0.0 -9.0 -39.1 -42.3 482 23.3
1.89 19.4 11.5 21.8 3.9 83.2 Sep 21 2754060 8.7 0.08 Rockwell Automation 236.94 USD 116 99.8 27,500 75.0 -7.2 -32.1 -27.2 203 50.6
0.55 14.9 2.3 13.4 1.9 17.1 Dec 21 BFMBMT8 2.0 0.02 Sensata Technologies 40.28 USD 157 98.6 6,235 75.0 -9.4 -34.7 -31.9 420 18.5
0.00 29.0 2.3 20.9 3.7 11.0 Jan 22 2503477 5.4 0.05 Teledyne Tech 368.36 USD 47 98.6 17,024 0.0 -5.9 -15.7 -20.5 64 25.0
0.00 25.1 4.0 21.1 4.3 16.7 Dec 21 2903958 5.0 0.05 Trimble 63.25 USD 250 99.6 15,761 100.0 -8.9 -27.5 -32.9 465 31.9
0.00 23.9 48.9 24.1 6.5 +ve Dec 21 2937689 5.6 0.05 Waters Corp 298.60 USD 60 99.2 17,847 100.0 -18.0 -19.9 -27.9 126 40.9
1.32 29.6 5.1 30.5 3.2 17.9 Dec 21 B3P2CN8 5.1 0.05 Xylem Inc. 91.10 USD 180 99.2 16,286 100.0 -1.0 -24.0 -33.2 373 36.2
0.00 16.6 5.3 14.8 2.8 37.1 Dec 21 2989356 5.0 0.05 Zebra Technologies 301.64 USD 53 99.4 15,751 50.0 -15.7 -49.3 -48.6 154 50.2
1.14 21.5 4.7 19.0 3.3 24.0 317,450 -6.7 -26.0 -25.6 - -
General Industrials
4.79 11.0 4.7 9.5 2.0 46.2 Dec 21 2595708 11.3 0.20 3M Company 124.35 USD 569 99.6 70,499 50.0 -13.2 -30.0 -36.1 5,486 743.5
1.43 17.1 4.9 10.1 1.3 30.3 Dec 21 2073022 2.8 0.05 Ball Corp 55.81 USD 320 97.9 17,476 75.0 -24.0 -42.0 -41.8 972 58.3
1.62 14.2 4.3 16.1 2.3 33.4 Dec 21 2278407 2.9 0.05 Dover Corp 124.96 USD 144 99.6 17,943 0.0 -6.5 -31.2 -28.3 305 40.5

Country Details
2.37 3.9 1.1 12.4 1.7 22.2 Dec 21 BK0VN47 4.5 0.08 DuPont de Nemours 55.64 USD 509 99.9 28,276 0.0 -9.1 -31.1 -24.8 938 55.8
2.37 21.1 3.3 25.2 2.8 16.5 Dec 21 B8KQN82 8.7 0.16 Eaton Corp PLC 136.64 USD 399 99.9 54,478 0.0 -7.9 -20.9 -18.8 526 77.3
0.44 25.4 2.4 23.6 4.3 9.7 Dec 21 BYT3MK1 3.6 0.07 Fortive 63.33 USD 358 99.8 22,675 100.0 -1.7 -17.0 -14.3 617 40.7
0.44 -45.4 2.0 24.3 1.1 -4.7 Dec 21 BL59CR9 12.9 0.23 General Electric 73.44 USD 1,101 99.3 80,342 0.0 -0.6 -22.3 -30.3 1,863 142.5
2.07 21.2 6.9 21.3 3.7 33.7 Dec 21 2020459 20.7 0.37 Honeywell Intl Inc 189.35 USD 681 99.9 128,816 50.0 -1.6 -9.2 -18.4 1,113 218.0
2.50 21.5 16.7 23.7 4.2 83.1 Dec 21 2457552 9.7 0.17 Illinois Tool Wks 194.83 USD 311 99.3 60,297 50.0 -6.2 -21.1 -16.3 423 87.8
3.65 14.7 3.6 11.7 1.7 25.5 Dec 21 2504566 2.0 0.04 Packaging Corp of Am 136.92 USD 94 98.4 12,626 0.0 -2.6 0.6 -9.7 229 32.1
2.01 20.9 3.8 13.9 2.1 18.9 Jun 22 2671501 5.4 0.10 Parker-Hannifin 265.00 USD 128 99.5 33,853 25.0 -8.3 -16.7 -10.7 219 63.3
1.95 18.6 4.8 19.2 1.8 26.9 Dec 21 2698470 4.8 0.09 PPG Industries 126.98 USD 236 99.5 29,866 25.0 -1.8 -26.4 -20.4 375 48.8
1.03 27.8 24.8 26.9 3.0 71.9 Dec 21 2804211 8.9 0.16 Sherwin-Williams 232.10 USD 260 91.8 55,441 100.0 -4.1 -34.1 -23.6 520 126.0
2.46 8.6 0.9 4.5 0.6 10.8 Sep 21 BYR0914 1.6 0.03 WestRock Company 40.59 USD 255 99.2 10,265 0.0 -4.2 -8.5 -22.0 634 26.3
2.10 18.4 3.7 16.9 2.1 20.0 622,854 -5.9 -22.6 -23.7 - -
Industrial Engineering
2.60 14.6 6.0 13.7 1.9 42.5 Dec 21 2180201 30.8 0.28 Caterpillar 184.71 USD 533 99.8 98,415 25.0 -6.8 -10.7 -12.4 984 187.4
2.92 13.4 3.6 13.5 1.3 27.5 Dec 21 2240202 9.5 0.09 Cummins 215.37 USD 141 99.7 30,298 0.0 -2.7 -1.3 -8.7 295 65.7
1.24 18.4 6.1 14.5 2.6 38.8 Oct 21 2261203 32.1 0.29 Deere & Co 365.25 USD 307 91.2 102,283 75.0 6.4 6.5 -3.4 458 166.3
0.00 24.2 6.4 34.3 3.8 32.4 Dec 21 B6197Q2 4.3 0.04 Generac Holdings 220.41 USD 64 97.2 13,702 0.0 -17.8 -37.4 -49.6 296 74.6
0.17 21.5 2.1 31.3 3.7 9.9 Dec 21 BL5GZ82 6.0 0.06 Ingersoll-Rand Inc 47.37 USD 406 99.8 19,205 0.0 -4.9 -23.4 -10.7 1,093 54.6
1.61 22.9 -8.4 17.4 2.1 N/A Dec 21 BK531S8 9.6 0.09 Otis Worldwide 72.22 USD 423 99.8 30,502 0.0 -7.6 -17.1 -21.7 782 60.9
2.61 13.7 2.8 12.0 2.5 21.2 Jan 22 2818740 3.6 0.03 Snap-On Inc 217.86 USD 53 98.3 11,431 50.0 -2.8 1.2 -3.2 105 23.5
3.59 7.1 1.2 20.1 0.9 18.3 Jan 22 B3Q2FJ4 4.2 0.04 Stanley Black & Deck 88.10 USD 151 99.6 13,259 0.0 -9.5 -53.3 -54.4 655 62.5
1.88 15.9 5.0 15.3 2.0 29.5 319,096 -3.1 -11.5 -16.4 - -

5–207
Industrial Support Services
1.35 30.4 9.7 21.1 3.7 34.1 Aug 21 B4BNMY3 11.6 0.53 Accenture Cl A 288.46 USD 633 99.9 182,597 100.0 -5.8 -30.4 -14.3 620 191.0
0.00 -9.8 2.6 -41.2 5.8 -26.3 Jun 22 BMF9NM8 0.3 0.01 Affirm Holdings 23.43 USD 224 78.2 4,105 0.0 -12.7 -76.7 -75.7 4,628 143.9
1.37 14.4 5.2 7.8 2.6 35.3 Dec 21 2026082 5.8 0.26 Amer. Express Co 152.00 USD 753 79.8 91,419 75.0 -1.3 -7.1 -8.4 912 144.4
1.70 31.0 31.7 32.9 6.2 74.0 Jun 22 2065308 6.5 0.29 Automatic Data Proc. 244.41 USD 418 99.8 101,950 100.0 1.4 -0.9 16.9 690 174.0
0.00 -67.4 4.2 -ve 26.3 -7.6 Jun 22 BKDS4H5 1.0 0.05 Bill.com Holdings 161.88 USD 104 93.3 15,762 0.0 19.8 -35.0 -41.0 606 96.2
0.00 +ve 12.7 48.8 2.3 6.9 Dec 21 BYNZGK1 2.3 0.10 Block Inc (A) 68.91 USD 519 99.5 35,603 100.0 -9.4 -57.3 -74.3 4,151 335.2
2.27 3.5 0.8 3.4 1.3 21.6 Dec 21 2654461 2.7 0.12 Capital One Fin. 105.82 USD 399 99 41,816 0.0 -3.7 -27.1 -36.2 813 89.6
1.13 30.2 12.6 27.1 5.3 39.4 May 22 2197137 2.3 0.10 Cintas Corp 406.84 USD 102 85.3 35,550 100.0 -4.4 -8.2 2.8 167 71.1
0.83 25.1 6.4 17.3 4.7 27.3 Dec 21 2319146 1.5 0.07 Equifax 188.75 USD 122 99.1 22,897 75.0 -9.7 -35.5 -30.7 199 41.5
0.00 29.5 -ve 27.5 8.9 +ve Sep 21 2330299 0.7 0.03 Fair Isaac 449.40 USD 26 97 11,306 75.0 -2.7 3.6 -2.2 48 22.9
2.06 14.5 1.2 11.6 4.0 7.9 Dec 21 2769796 3.5 0.16 Fidelity Natl Infor 91.37 USD 611 99.7 55,672 75.0 -10.6 -16.3 -28.5 1,185 116.4
0.00 16.8 2.1 16.2 4.0 12.3 Dec 21 2342034 3.8 0.17 Fiserv Inc 101.19 USD 646 91.9 60,140 100.0 -4.2 -2.5 -14.1 1,579 168.1
0.00 15.7 5.7 13.7 5.8 33.7 Dec 21 B4R28B3 1.0 0.05 Fleetcor Technologie 212.53 USD 77 97.1 15,960 100.0 -3.4 -5.1 -19.3 232 52.6
0.80 15.5 1.4 12.6 4.1 8.5 Dec 21 2712013 2.2 0.10 Global Payments Inc 124.23 USD 282 99 34,646 100.0 1.6 -8.1 -23.6 665 86.3
1.24 25.6 15.1 30.3 2.2 59.8 Dec 21 2380863 1.6 0.07 Grainger (W W) 554.94 USD 51 89 25,240 50.0 2.1 7.1 28.0 95 53.5
1.02 28.6 10.1 27.8 7.2 36.3 Jun 22 2469193 0.9 0.04 Henry (Jack) & Assoc 192.20 USD 73 99.4 13,920 0.0 -7.5 15.1 9.0 272 55.3
0.60 35.0 43.6 33.7 16.9 +ve Dec 21 B121557 17.7 0.80 Mastercard CL A 324.37 USD 965 89.1 278,954 100.0 -8.3 -9.7 -6.3 883 307.1
2.56 30.7 14.4 29.6 9.7 48.1 May 22 2674458 2.5 0.11 Paychex 123.34 USD 361 89.1 39,713 75.0 -3.9 -9.6 7.7 749 99.2
0.00 23.5 5.0 17.1 4.3 22.1 Dec 21 BYW36M8 6.9 0.31 PayPal Holdings 93.44 USD 1,158 99.8 108,069 100.0 8.0 -50.5 -67.6 5,688 546.3
2.23 14.2 6.2 14.1 1.3 46.5 Dec 21 2110703 0.5 0.02 Robert Half Intl 76.97 USD 111 97.2 8,268 50.0 -2.7 -31.0 -25.6 304 24.1
2.81 3.6 1.3 2.3 1.1 36.4 Dec 21 BP96PS6 1.0 0.05 Synchrony Financial 32.75 USD 502 99.4 16,334 0.0 -2.2 -29.4 -34.2 1,746 59.7
0.57 8.5 3.6 17.6 4.8 51.7 Dec 21 BYMWL86 0.9 0.04 TransUnion 73.87 USD 192 99.8 14,187 100.0 -6.8 -37.7 -39.2 362 28.7

5–207
FTSE All-World Review August 2022

USA - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% USD (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Industrial Support Services
0.66 35.1 10.5 25.6 9.9 30.6 Dec 21 B4P9W92 1.8 0.08 Verisk Analytics 187.16 USD 158 98.1 29,017 100.0 -1.6 -18.2 -7.2 408 80.4
0.75 32.6 11.7 26.5 16.7 37.8 Sep 21 B2PZN04 20.7 0.94 Visa 198.71 USD 1,646 99.9 326,815 100.0 -6.3 -8.3 -13.3 2,281 478.7
6.34 5.9 16.1 5.5 1.1 +ve Dec 21 B1F76F9 0.4 0.02 Western Union 14.82 USD 386 99.4 5,690 0.0 -12.9 -16.9 -31.5 1,558 25.0
0.97 21.3 5.3 17.1 5.0 25.4 1,575,628 -4.4 -19.7 -24.6 - -
Industrial Transportation
1.93 16.2 7.2 +ve 0.6 45.9 Dec 21 2116228 2.3 0.04 C.H. Robinson Ww 114.15 USD 127 98.3 14,294 0.0 3.1 6.1 26.7 527 60.4
1.26 18.2 5.1 13.5 5.5 28.4 Dec 21 2160753 11.2 0.20 CSX Corp 31.65 USD 2,174 99.7 68,673 75.0 -2.1 -15.8 -2.7 5,514 183.4
1.30 12.2 4.9 19.8 1.0 46.0 Dec 21 2325507 2.8 0.05 Expeditors Intl Wash 102.89 USD 168 99.4 17,143 75.0 -3.2 -23.4 -17.5 527 55.5
2.18 14.1 2.2 5.6 0.6 15.8 May 22 2142784 8.3 0.15 Fedex Corporation 210.81 USD 259 92.5 50,548 0.0 -9.6 -18.5 -20.7 445 101.7
0.00 24.6 2.2 11.6 0.7 8.3 Dec 21 BNNTGF1 0.8 0.01 GXO Logistics 44.38 USD 119 88.8 4,678 0.0 -7.5 -51.1 -45.7 378 18.2
0.92 23.5 5.8 14.9 1.5 27.1 Dec 21 2445416 2.4 0.04 Hunt (JB) Transport 174.02 USD 105 79.4 14,485 75.0 -5.0 -14.9 -1.9 283 52.5
2.04 19.3 4.2 13.6 5.2 21.1 Dec 21 2641894 9.5 0.17 Norfolk Sthn Corp 243.13 USD 238 99.6 57,752 50.0 -3.2 -18.3 -4.1 371 94.2
0.44 29.7 8.4 25.4 5.9 29.5 Dec 21 2656423 4.5 0.08 Old Dominion Freight 271.41 USD 113 89.7 27,607 100.0 -10.6 -24.3 -6.0 351 104.5
1.55 16.4 2.7 13.9 1.3 17.0 Dec 21 2665861 4.9 0.09 Paccar 87.51 USD 348 97.9 29,801 0.0 -4.4 -0.8 6.9 697 63.7
2.32 21.6 10.0 15.6 6.5 41.9 Dec 21 2914734 23.1 0.40 Union Pacific Corp 224.51 USD 628 99.8 140,805 50.0 -1.2 -10.9 3.5 838 195.3
3.13 12.8 12.0 11.4 1.8 +ve Dec 21 2517382 23.4 0.41 United Parcel Serv 194.51 USD 734 99.9 142,844 50.0 -0.2 -9.3 -0.6 783 157.3
0.00 12.9 3.5 5.7 2.2 30.7 Dec 21 2134781 3.4 0.06 United Rentals 292.04 USD 72 99.5 20,827 25.0 -9.5 -12.1 -17.2 239 75.2
0.68 19.0 1.6 14.9 2.0 8.3 Dec 21 2955733 2.6 0.05 Wabtec 87.65 USD 183 98.9 15,835 100.0 -6.2 -4.8 -2.4 271 25.1
0.00 14.3 5.3 8.4 0.5 21.9 Dec 21 B6Z1355 0.9 0.02 XPO Logistics 52.42 USD 115 88.8 5,354 0.0 -12.3 -32.3 -39.7 480 27.5
2.00 16.6 5.2 12.0 1.9 34.3 610,645 -3.3 -13.6 -4.1 - -
Industrial Materials
1.63 18.4 7.8 14.3 1.8 47.9 Jan 22 2066408 49.3 0.04 Avery Dennison Corp 183.62 USD 82 99.4 14,920 75.0 -3.6 -15.2 -18.5 145 28.0
4.44 8.6 1.7 7.6 0.8 21.2 Dec 21 2465254 50.7 0.04 International Paper 41.62 USD 371 99.6 15,372 0.0 -2.7 -11.4 -26.9 1,024 44.1
3.06 11.6 2.8 9.9 1.1 25.7 30,292 -3.1 -12.1 -22.2 - -
Industrial Metals and Mining
2.46 31.0 9.5 37.6 4.8 32.4 Dec 21 2332262 23.1 0.08 Fastenal Co 50.33 USD 576 99.8 28,917 75.0 -2.0 -21.4 -9.9 1,390 74.1
2.03 10.0 3.1 5.6 1.9 35.6 Dec 21 2352118 34.1 0.12 Freeport-McMoRan 29.60 USD 1,449 99.6 42,728 100.0 -6.2 -29.1 -18.7 5,844 178.9
1.50 5.1 2.5 5.7 1.0 55.8 Dec 21 2651086 28.1 0.10 Nucor Corp 132.94 USD 266 99.7 35,278 0.0 -2.1 16.5 13.1 558 76.9
6.37 10.7 4.5 8.5 3.3 44.3 Dec 21 2823777 3.2 0.01 Southern Copper Corp 47.07 USD 773 11 4,012 25.0 -5.5 -23.7 -24.8 603 29.2
1.68 4.7 2.4 6.9 0.8 60.9 Dec 21 2849472 11.5 0.04 Steel Dynamics 80.72 USD 189 94.6 14,413 0.0 3.6 30.0 19.6 795 65.1
2.08 8.1 3.3 7.3 1.5 46.9 125,347 -3.0 -12.5 -5.9 - -
Precious Metals and Mining
5.32 30.2 1.5 7.8 2.7 4.9 Dec 21 2636607 100.0 0.09 Newmont Corporation 41.36 USD 794 99.9 32,813 0.0 -8.7 -33.3 -28.7 3,218 143.2
5.32 30.2 1.5 7.8 2.7 4.9 32,813 -8.7 -33.3 -28.7 - -
Chemicals
2.57 26.2 4.1 16.8 5.4 16.7 Sep 21 2011602 13.4 0.16 Air Products & Chemi 252.45 USD 222 99.7 55,831 25.0 1.7 -17.0 -6.3 358 93.4
0.59 +ve 5.6 91.2 9.4 3.0 Dec 21 2046853 7.5 0.09 Albemarle 267.96 USD 117 99.7 31,302 75.0 9.7 14.6 13.2 440 117.0
2.45 6.3 2.9 6.8 1.4 49.6 Dec 21 B05MZT4 2.9 0.03 Celanese 110.86 USD 108 99.7 11,981 50.0 -5.7 -34.0 -30.1 345 39.3
1.55 23.3 6.7 7.5 3.3 30.2 Dec 21 B0G4K50 5.1 0.06 CF Industries Holdin 103.46 USD 209 99.5 21,495 0.0 8.3 46.2 127.8 720 75.5
5.49 5.5 2.0 5.3 0.7 44.2 Dec 21 BHXCF84 8.9 0.11 Dow Inc 51.00 USD 728 99.9 37,097 0.0 -4.2 -10.1 -18.9 1,903 102.1
3.34 12.2 2.1 7.2 1.1 16.5 Dec 21 2298386 2.8 0.03 Eastman Chemical 91.00 USD 129 99.4 11,665 0.0 -5.1 -24.7 -19.6 331 31.9
1.25 34.2 6.5 22.7 3.7 20.4 Dec 21 2304227 9.7 0.12 Ecolab 163.83 USD 286 86.7 40,579 100.0 -0.8 -30.2 -27.3 344 58.1
1.96 17.4 4.5 16.6 2.7 26.1 Dec 21 2328603 3.2 0.04 FMC Corp 108.08 USD 126 99.8 13,585 100.0 -2.7 -1.6 15.4 281 31.1
2.86 28.1 1.3 19.6 2.4 7.3 Dec 21 2464165 6.7 0.08 Intl Flavours & Frag 110.48 USD 255 99.8 28,103 25.0 -10.9 -26.7 -27.1 444 53.7
1.65 31.3 3.2 14.6 4.6 10.0 Dec 21 BZ12WP8 34.0 0.41 Linde plc 282.86 USD 503 99.8 141,969 75.0 -6.3 -18.4 -10.1 453 135.0
5.73 5.6 2.6 4.1 0.7 57.0 Dec 21 B3SPXZ3 5.1 0.06 LyondellBasell Indus 83.00 USD 328 78.2 21,288 0.0 -6.9 -5.8 -13.4 699 61.3
1.45 5.9 1.6 5.3 1.1 30.4 Dec 21 B01ZP20 0.8 0.01 Westlake Corporation 98.63 USD 128 25.6 3,248 0.0 1.3 1.5 12.9 279 28.2
2.36 16.9 3.1 11.5 2.2 20.2 418,143 -3.0 -15.3 -10.1 - -
Oil Gas and Coal
2.85 +ve 1.6 10.9 1.3 0.2 Dec 21 BDHLTQ5 1.5 0.07 Baker Hughes Company 25.26 USD 985 93.8 23,344 75.0 -1.7 5.0 10.9 3,844 96.7
0.82 -17.4 -15.8 16.5 2.6 N/A Dec 21 2654364 2.6 0.12 Cheniere Energy 160.18 USD 254 99.4 40,490 100.0 7.1 57.9 83.1 493 78.2
3.59 19.9 2.2 10.6 2.0 11.5 Dec 21 2838555 19.8 0.89 Chevron 158.06 USD 1,965 99.9 310,316 0.0 -3.5 34.7 63.3 3,355 532.1
1.68 17.5 3.1 8.3 3.1 21.5 Dec 21 2685717 9.0 0.41 ConocoPhillips 109.45 USD 1,293 99.9 141,469 50.0 12.3 51.6 97.1 2,437 249.6
8.41 21.5 2.1 14.9 6.8 16.6 Dec 21 2162340 1.6 0.07 Coterra Energy Inc 30.91 USD 806 98.4 24,521 100.0 1.0 62.7 99.2 2,921 86.2
7.19 16.8 5.0 9.5 3.4 45.8 Dec 21 2480677 3.0 0.13 Devon Energy 70.62 USD 661 99.3 46,374 60.6 12.4 60.3 139.0 4,009 259.2
2.25 10.8 2.0 6.0 3.5 20.9 Dec 21 B7Y8YR3 1.5 0.07 Diamondback Energy 133.28 USD 178 99.5 23,556 100.0 5.9 28.1 79.1 1,210 156.6
2.47 15.2 3.2 8.1 3.6 22.0 Dec 21 2318024 4.5 0.20 EOG Resources 121.30 USD 586 99.7 70,861 100.0 9.1 37.7 85.4 1,288 146.9
3.68 17.5 2.4 8.4 1.5 14.1 Dec 21 2326618 25.7 1.16 Exxon Mobil Corp 95.59 USD 4,213 99.9 402,589 0.0 -1.4 56.2 75.3 6,829 639.4
1.59 18.7 4.0 14.2 1.8 24.9 Dec 21 2405302 1.7 0.08 Halliburton 30.13 USD 902 99.4 27,021 50.0 2.8 31.7 50.8 3,666 107.8
1.24 67.3 6.0 13.0 5.0 9.6 Dec 21 2023748 2.2 0.10 Hess Corp. 120.78 USD 311 90.2 33,947 75.0 7.4 63.2 75.7 530 60.3
6.06 20.7 1.3 7.3 2.5 6.4 Dec 21 B3NQ4P8 2.3 0.10 Kinder Morgan 18.32 USD 2,268 87.4 36,342 0.0 1.8 15.5 12.6 4,707 86.5
2.30 5.4 2.1 12.5 0.5 41.6 Dec 21 B3K3L40 3.5 0.16 Marathon Petroleum 100.75 USD 541 99.7 54,350 0.0 9.9 57.4 70.0 1,626 158.9
0.73 43.7 6.3 6.4 2.5 15.7 Dec 21 2655408 3.7 0.17 Occidental Petroleum 71.00 USD 937 87.2 58,015 25.0 8.0 144.9 176.4 6,900 464.2
6.11 18.1 4.5 10.7 1.7 25.0 Dec 21 2130109 1.7 0.08 ONEOK Inc 61.23 USD 447 99.3 27,167 25.0 2.5 4.2 16.6 1,023 63.7
4.34 32.3 2.2 7.2 0.4 7.0 Dec 21 B78C4Y8 2.7 0.12 Phillips 66 89.46 USD 481 99.8 42,971 0.0 0.5 23.5 25.8 1,178 104.6
11.66 28.9 2.7 10.1 3.4 12.3 Dec 21 2690830 3.9 0.18 Pioneer Natural Res 253.22 USD 242 99.4 60,929 100.0 6.9 39.2 72.0 729 171.7
1.83 24.7 3.6 11.6 2.4 16.1 Dec 21 2779201 3.4 0.15 Schlumberger 38.15 USD 1,414 99.8 53,826 0.0 3.0 27.4 36.1 4,073 151.1
3.35 51.7 2.6 8.2 0.4 5.0 Dec 21 2041364 3.0 0.14 Valero Energy 117.12 USD 408 99.6 47,624 0.0 5.7 55.9 76.6 1,510 172.5

5–208
August 2022 FTSE Russell

USA - Constituent Report WORLD/DEVELOPED

Fiscal Weight % Shares MCap Performance Vol Avg (1M)

Yld% P/E P/B P/CE P/S ROE Year Sedol Sctr Idx Name Price CCY (mn) FF% USD (mn) GR 1M% YTD% 12M% Sh(th) Val(mn)
Oil Gas and Coal
5.00 22.5 3.6 10.5 3.8 16.0 Dec 21 2967181 2.6 0.12 Williams Cos 34.03 USD 1,218 99.8 41,375 0.0 -0.2 30.7 37.8 2,786 94.7
3.64 19.6 2.7 9.2 1.5 14.9 1,567,089 2.3 44.9 68.7 - -
Alternative Energy
0.00 +ve 89.9 +ve 28.0 33.9 Dec 21 B65SQW4 55.8 0.11 Enphase Energy Inc 286.44 USD 135 96.7 37,418 0.0 0.8 56.6 64.9 1,159 337.5
0.00 -35.4 3.5 -45.3 32.3 -15.1 Dec 21 2508386 21.7 0.04 Plug Power Inc 28.04 USD 578 89.6 14,533 0.0 31.4 -0.7 7.6 8,690 237.2
0.00 84.2 11.7 71.4 7.8 15.1 Dec 21 BWC52Q6 22.6 0.04 SolarEdge Technologi 275.97 USD 55 99.2 15,166 0.0 -23.4 -1.6 -4.8 500 154.0
0.00 -ve 11.5 +ve 18.0 -1.8 67,117 -1.3 24.3 28.8 - -
Electricity
2.48 -49.4 8.6 8.7 1.5 -14.9 Dec 21 2002479 2.1 0.05 AES Corp. 25.45 USD 668 99.6 16,945 0.0 14.5 4.7 6.6 1,966 48.5
2.80 23.2 2.6 26.3 4.2 11.3 Dec 21 2973821 1.9 0.04 Alliant Energy 61.04 USD 251 99.7 15,270 0.0 0.2 -0.7 0.4 672 41.8
3.11 20.7 2.3 13.4 3.1 11.6 Dec 21 2026242 6.4 0.15 Amer. Elec Power Co 100.20 USD 514 99.9 51,451 0.0 1.7 12.6 11.9 1,183 118.8
3.56 26.5 1.0 12.2 2.7 4.2 Dec 21 BYP0CD9 0.4 0.01 Avangrid 49.40 USD 387 18.2 3,494 0.0 1.4 -1.0 -9.6 236 11.8
2.72 13.6 3.1 10.8 2.7 24.1 Dec 21 2219224 2.4 0.06 CMS Energy Corp 67.54 USD 290 99.5 19,516 0.0 -1.7 3.8 5.3 667 46.1
3.23 25.7 1.7 12.7 2.5 6.9 Dec 21 2216850 4.3 0.10 Cons Edison Holding 97.74 USD 354 99.9 34,624 0.0 -1.5 14.6 29.5 602 59.5
0.52 -ve 2.4 -19.9 1.4 -1.7 Dec 21 BMH4FS1 3.3 0.08 Constellation Energy 81.59 USD 327 99.7 26,594 0.0 23.4 - - 939 72.1
3.26 20.1 2.6 16.4 4.8 13.4 Dec 21 2542049 8.2 0.19 Dominion Energy 81.80 USD 811 99.8 66,265 0.0 -0.2 4.1 5.1 1,049 87.4
2.72 27.9 2.9 8.2 1.7 8.6 Dec 21 2280220 3.1 0.07 DTE Energy 130.34 USD 194 99.3 25,097 0.0 0.0 9.0 8.3 363 48.3
4.13 34.0 1.9 +ve 1.7 5.4 Dec 21 2829515 3.1 0.07 Edison International 67.77 USD 381 98.4 25,433 0.0 0.0 -0.7 17.2 648 44.9
3.50 21.0 2.0 10.2 2.0 9.9 Dec 21 2317087 2.9 0.07 Entergy Corp 115.30 USD 203 99.6 23,362 0.0 0.1 2.4 4.2 405 48.1

Country Details
3.34 17.9 1.7 11.6 2.8 9.8 Dec 21 BFMXGR0 1.9 0.04 Evergy 68.53 USD 230 96.6 15,204 0.0 0.4 -0.1 0.1 379 26.3
2.84 25.3 2.1 15.8 3.1 8.5 Dec 21 BVVN4Q8 3.8 0.09 Eversource Energy 89.69 USD 345 99.7 30,852 0.0 1.7 -1.4 -1.1 565 51.7
3.07 24.0 1.3 14.3 1.2 5.4 Dec 21 2670519 5.3 0.12 Exelon Corporation 43.91 USD 980 99.8 42,955 0.0 -5.5 6.6 25.6 2,854 129.4
3.94 18.3 2.6 8.0 2.0 15.5 Dec 21 2100920 2.8 0.06 Firstenergy Corp. 39.55 USD 571 99.9 22,577 0.0 -3.8 -4.9 1.7 1,227 49.0
2.00 46.4 4.5 22.1 9.8 9.8 Dec 21 2328915 20.6 0.48 NextEra Energy Inc 85.06 USD 1,965 99.8 166,833 25.0 0.7 -8.9 1.3 2,327 205.0
3.39 4.2 2.7 19.9 0.4 88.8 Dec 21 2212922 1.2 0.03 NRG Energy 41.28 USD 237 99.2 9,720 50.0 9.4 -4.2 -9.6 1,030 41.6
0.00 -ve 0.9 8.4 0.9 -0.5 Dec 21 2689560 2.4 0.05 PG & E Corp. 12.33 USD 1,550 99.9 19,089 0.0 13.5 1.6 34.5 3,839 45.5
4.51 12.9 1.4 9.9 2.2 11.5 Dec 21 2048804 1.0 0.02 Pinnacle W Capl Cp 75.35 USD 113 99.6 8,488 0.0 2.6 6.7 -2.0 377 28.9
3.09 -14.9 1.6 8.4 3.7 -10.6 Dec 21 2680905 2.6 0.06 PPL Corporation 29.08 USD 736 99.9 21,391 0.0 0.0 -3.3 -0.9 1,857 55.0
3.36 84.3 2.2 18.5 3.3 2.5 Dec 21 2707677 4.0 0.09 Public Svc Entp Grp 64.36 USD 499 99.5 31,988 0.0 -2.0 -3.6 0.7 852 56.9
3.53 33.6 2.9 13.3 3.5 8.7 Dec 21 2829601 10.1 0.23 Southern Co 77.07 USD 1,063 99.7 81,706 0.0 0.2 12.4 17.3 1,509 117.8
2.86 -10.7 1.7 -51.9 0.6 -13.6 Dec 21 BZ8VJQ8 1.3 0.03 Vistra Corp 24.75 USD 432 98.5 10,529 25.0 -4.3 8.7 29.6 1,533 38.5
2.63 25.3 2.6 18.5 3.0 10.6 Dec 21 2614807 5.0 0.12 Xcel Energy 74.25 USD 545 99.9 40,420 0.0 1.5 9.7 8.0 1,144 85.8
2.80 32.2 2.4 15.6 2.5 7.4 809,804 1.0 2.9 9.4 - -
Gas Water and Multi-utilities
2.55 24.2 2.5 14.4 3.7 10.6 Dec 21 2050832 9.0 0.07 Ameren Corp 92.62 USD 258 99.4 23,793 0.0 -0.5 4.1 5.6 546 51.5
1.76 21.2 3.7 18.7 6.9 18.5 Dec 21 B2R3PV1 10.2 0.08 American Water Works 148.45 USD 182 99.9 26,958 25.0 -4.5 -21.4 -18.5 269 41.7
2.40 23.7 2.0 -14.5 4.6 9.1 Sep 21 2315359 5.9 0.04 Atmos Energy 113.38 USD 139 99 15,614 0.0 -6.6 8.2 16.3 443 51.5
2.28 14.2 2.3 +ve 2.4 19.2 Dec 21 2440637 7.5 0.06 CenterPoint Energy 31.53 USD 629 99.9 19,829 0.0 -0.5 13.0 25.7 1,311 41.9
3.76 21.6 1.7 9.9 3.3 8.1 Dec 21 B7VD3F2 31.1 0.24 Duke Energy Corp 106.91 USD 770 99.9 82,230 0.0 -2.7 1.9 2.1 917 101.0
3.19 20.6 2.2 9.8 2.4 11.3 Dec 21 2645409 4.5 0.03 Nisource 29.51 USD 406 99.8 11,958 0.0 -2.9 6.9 19.7 1,237 37.7
2.78 40.6 2.1 13.5 4.0 5.6 Dec 21 2138158 19.6 0.15 Sempra 164.97 USD 314 99.9 51,829 0.0 -0.5 24.7 24.6 419 69.4

5–209
2.82 25.0 3.0 16.0 3.9 12.2 Dec 21 BYY8XK8 12.3 0.09 WEC Energy Group 103.14 USD 315 99.8 32,490 0.0 -0.6 6.3 9.2 435 45.7
2.92 23.5 2.2 15.2 3.6 9.7 264,701 -2.1 4.6 7.2 - -
Waste and Disposal Services
1.29 33.0 5.0 16.2 4.0 15.6 Dec 21 2262530 29.5 0.08 Republic Services 142.72 USD 316 65.1 29,378 25.0 2.9 2.3 15.0 402 57.8
1.54 35.8 9.9 16.2 3.9 26.9 Dec 21 2937667 70.5 0.20 Waste Mgmt Inc 169.03 USD 415 99.8 70,059 50.0 2.7 1.3 9.0 594 101.4
1.46 35.0 7.7 16.2 3.9 21.9 99,437 2.8 1.6 10.7 - -
FTSE USA
1.63 18.1 4.0 14.5 2.5 22.5 34,768,603 -4.1 -17.9 -14.3 - -

5–209
FTSE All-World Review August 2022

FTSE All-World Index Changes

Effective Date Sedol Name Details
Australia
Name Changes
05/08/2022 6714394 Insignia Financial Was : IOOF Holdings
India
Addition
30/08/2022 BKS9DQ5 Piramal Pharma
Investability Weight Changes
11/08/2022 BL6P210 Zomato Old Weight : 17.1215% New Weight : 24.8985%
22/08/2022 BMB2291 Max Healthcare Institute Old Weight : 49.3619% New Weight : 76.1964%
24/08/2022 BG0R3M5 HDFC Asset Management Old Weight : 25.6982% New Weight : 31.6997%
24/08/2022 BNR5NG5 Sona BLW Precision Forgings Old Weight : 30.6762% New Weight : 44.2696%
Name Changes
05/08/2022 BYVC6Y8 UNO Minda Was : Minda Industries
Indonesia
Investability Weight Changes
12/08/2022 B4MW045 Tower Bersama Infrastructure Old Weight : 43.759% New Weight : 32.7919%
Israel
Investability Weight Changes
10/08/2022 B034CL3 AFI Properties Old Weight : 44% New Weight : 15.11%
10/08/2022 B1KZR22 Big Shopping Centers (2004) Old Weight : 47.67% New Weight : 56.2431%
Japan
Investability Weight Changes
30/08/2022 6487425 Keisei Electric Railway Old Weight : 82.02% New Weight : 82.3744%
Name Changes
15/08/2022 6249120 AIN Holdings Was : Ain Pharmaciez
19/08/2022 6572707 Panasonic Holdings Was : Panasonic Corp
Korea
Investability Weight Changes
25/08/2022 BNXKTM2 KakaoBank Old Weight : 32.3223% New Weight : 35.4218%
Philippines
Name Changes
02/08/2022 BMBZPW4 ACEN Was : AC Energy
Saudi Arabia
Name Changes
15/08/2022 B1C1NH5 Sahara International Petrochemical Was : Saudi International Petroche
Singapore
Name Changes
03/08/2022 B5143W8 Mapletree Pan Asia Commercial Trust Was : Mapletree Commercial Trust
Sweden
Addition
26/08/2022 BMQ4ZX7 Alleima AB
Switzerland
Deletion
04/08/2022 BNT86X0 Vifor Pharma AG - Tendered Line
Thailand
Investability Weight Changes
24/08/2022 B0166D1 Bumrungrad Hospital Old Weight : 44.82% New Weight : 49%
USA
Addition
22/08/2022 BNG3PG4 AMC Preferred Equity
Deletion
23/08/2022 BNG3PG4 AMC Preferred Equity
Name Changes
02/08/2022 BTGQCX1 Crown Castle Inc Was : Crown Castle Intl Corp
11/08/2022 BNDYF48 IAC Inc Was : IAC InterActiveCorp
29/08/2022 BNGC0D3 Jacobs Solutions Inc Was : Jacobs Engineering Group

5–210