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RTS Indices Equity Indices | RTS Indices Equity Indices | BLOOMBERGSM Homepage: About the Index SPXI <GO> Russian Trading System (RTS) indices are the premiere measures of the Russian equity market. They cover the most liquid Russian securities and are designed to support investment products. For more information visit: The following RTS indices are available: • Market Capitalization. Companies are ranked by float www.indices.standardandpoors.com • RTS Index (RTSI). Dating back to September 1995, the adjusted market capitalization. S&P Thought Leadership and Research index captures more than 85% of Russia’s market cap • Public Float. All shares classified as either corporate, is available at: www.SPindices.com with 50 stocks and is the most widely recognized and private, or government holdings are deemed to be followed equity indicator by both Russian retail and strategic holdings and are removed, leaving only those international professional investors. This index serves shares that are freely available to investors. as the basis for Russia’s most highly traded index futures • Liquidity. All RTS traded securities are analyzed to contract. determine if they meet the selection criteria of daily • RTS-2 Index (RTS2). Calculated using the same average trading volume and number of transactions, and methodology as the RTSI, the RTS2 benchmarks trading certain other liquidity measures. activity in second-tier stocks with mid to smaller • Capping. At the time of quarterly rebalancing, each capitalizations. constituent company’s weight is capped at 15% of the • RTS Sector Indices. This series currently includes RTS-Oil total index market capitalization in the RTSI and the RTS2, & Gas, RTS-Consumer & Retail, RTS-Metals & Mining, and at 25% in the RTS Sector Indices. Capping avoids RTS-Industrial, RTS-Telecom, RTS-Electric Utilities, and any one company dominating the index. RTS-Financials Indices. Criteria for Index Removals S&P Custom Indices: Index Methodology • One month before each quarterly revision date, all RTS [email protected] Standard & Poor’s manages global commercial and listed securities are ranked according to their float business rights to the indices and is represented on the RTS adjusted market capitalization. If the securities from Contact Us: Information Committee. The goal of the RTS Information this list differ from the securities in the RTS indices, the [email protected] Committee is to ensure that the RTS indices continue to Information Committee evaluates appropriate adjustments New York +1.212.438.2046 reflect the risk and return characteristics of the Russian to the indices. Toronto +1.416.507.3200 equity market while monitoring constituent liquidity and • Stocks may be deleted due to mergers, acquisitions, or London +44.20.7176.8888 maintaining index turnover at a minimum. spin-offs. Tokyo +813.4550.8463 Beijing +86.10.6569.2919 Criteria for Index Additions Index Calculation Sydney +61.2.9255.9870 The RTS Information Committee, with advisory input from The indices are calculated in real time on all days that the Mumbai +91.22.26598359 Standard & Poor’s, administers the methodology as follows: RTS is open for trading. Although RTS listed securities are Dubai +971.4.3727100 • Eligibility Criteria. All common and preferred stocks listed traded in U.S. dollars, the indices are calculated in both Standard & Poor’s does not sponsor, on the RTS are eligible for inclusion. Russian rubles and U.S. dollars. endorse, sell or promote any S&P • Domicile. Stocks must be Russian-domiciled. index-based investment product. Determining factors include location of company headquarters, location of company operations, and See what others don’t, so you can do what others can’t.® residence of senior officers. RTS Indices Equity Indices | December 31, 2010 The premier measure of the Russian S&P European Indices equity market, capturing more than 85% RTS Index RTS-2 Index RTS Sector Indices of Russia's market capitalization. Oil & Gas Consumer & Retail Metals & Mining Industrial Telecom Electric Utilities Financials Index Portfolio Characteristics 5 Year Historical Performance RTS RTS-2 2500 Index Index RTS Index No. of Cos 50 68 2000 Adjusted Market Cap ($ Billion) RTS-2 Index 186.59 31.17 Company Size By Market Cap (Adj $ Bil): 1500 Average 3.73 0.46 Largest 28.95 3.04 1000 Smallest 0.20 0.01 Median 1.13 0.33 500 % Weight Largest Company 15.52% 9.77% Top 10 Holdings (% Index Weight) 0 73.42% 46.12% Dec.05 Jun.06 Dec.06 Jun.07 Dec.07 Jun.08 Dec.08 Jun.09 Dec.09 Jun.10 Dec.10 Index Performance Annualized Risk Returns Annualized Returns Std Dev Index 1 Month 3 Month YTD 1 Year 3 Years 5 Years 7 Years 3 Years 5 Years RTS Index 10.83% 17.42% 22.54% 22.54% -8.23% 9.48% 17.65% 48.34% 40.41% RTS-2 Index 9.61% 14.63% 56.80% 56.80% -5.23% 11.60% - 53.24% 43.36% RTS-Oil & Gas 9.76% 11.01% 5.89% 5.89% -11.79% 0.89% 8.33% 43.07% 37.61% RTS-Consumer & Retail 15.87% 32.55% 82.55% 82.55% 6.05% 18.43% - 55.29% 44.29% RTS-Metals & Mining 17.55% 27.53% 55.39% 55.39% -0.41% 18.27% - 54.51% 44.49% RTS-Industrial 8.11% 22.68% 56.40% 56.40% -19.65% 8.45% - 65.97% 54.39% RTS-Telecom 7.15% 15.64% 38.95% 38.95% -6.58% 13.60% 15.09% 42.13% 36.88% RTS-Electric Utilities 2.89% 4.69% 33.90% 33.90% -16.32% - - 61.99% - RTS-Financials 10.60% 21.08% 22.55% 22.55% -17.00% - - 61.50% - Tickers Top 10 Companies By Weight - RTS Index BLOOMBERGSM Reuters Float Adjusted RTS Index RTSI$ .IRTS Market Cap Index RTS-2 Index RTS2$ .RTS2 Company (US $ Million) Weight RTS Ticker RTS Sector Indices Gazprom, Common 28,953.2 15.52% GAZP Oil & Gas RTSOG$ .RTSOG Sberbank, Common 24,693.3 13.23% SBER Consumer & Retail RTSCR$ .RTSCR TFT "LUKOIL", Common 24,167.5 12.95% LKOH Metals & Mining RTSMM$ .RTSMM OJSC "MMC "NORILSK NICKEL", Common 17,902.8 9.59% GMKN Industrial RTSIN$ .RTSIN OJSC "OC "Rosneft", Common 11,420.2 6.12% ROSN Telecom RTSTL$ .RTSTL Surgutneftegas, Common 9,401.9 5.04% SNGS Electric Utilities RTSEU$ .RTSEU OJSC Uralkali, Common 5,676.4 3.04% URKA Financials RTSFN$ .RTSFN JSC VTB Bank, Common 5,193.7 2.78% VTBR JSC "NOVATEK", Common 4,915.6 2.63% NVTK JSC "RusHydro", Common 4,675.1 2.51% HYDR Source: "Russian Trading System" Stock Exchange, Standard & Poor’s. Data as of December 31, 2010. Charts and graphs are provided for illustrative purposes only. Index returns do not include payment of any sales charges or fees an investor would pay to purchase the securities the index represents. Such costs would lower performance. It is not possible to invest directly in an index. Past performance is not an indication of future results. General Disclaimer This document does not constitute an offer of services in jurisdictions where Standard & Poor’s or its affiliates do not have the necessary licenses. Standard & Poor’s receives compensation in connection with licensing its indices to third parties. All information provided by Standard & Poor’s is impersonal and not tailored to the needs of any person, entity or group of persons. Standard & Poor’s and its affiliates do not sponsor, endorse, sell, promote or manage any investment fund or other vehicle that is offered by third parties and that seeks to provide an investment return based on the returns of any Standard & Poor’s index. Standard & Poor’s is not an investment advisor, and Standard & Poor’s and its affiliates make no representation regarding the advisability of investing in any such investment fund or other vehicle. A decision to invest in any such investment fund or other vehicle should not be made in reliance on any of the statements set forth in this document. Prospective investors are advised to make an investment in any such fund or other vehicle only after carefully considering the risks associated with investing in such funds, as detailed in an offering memorandum or similar document that is prepared by or on behalf of the issuer of the investment fund or other vehicle. Inclusion of a security within an index is not a recommendation by Standard & Poor’s to buy, sell, or hold such security, nor is it considered to be investment advice. Exposure to an asset class is available through investable instruments based on an index. It is not possible to invest directly in an index. There is no assurance that investment products based on the index will accurately track index performance or provide positive investment returns. Standard & Poor's is not a tax advisor. A tax advisor should be consulted to evaluate the impact of tax-exempt securities on portfolios and the tax consequences of making any particular investment decision. Standard & Poor’s does not guarantee the accuracy and/or completeness of any Standard & Poor’s index, any data included therein, or any data from which it is based, and Standard & Poor’s shall have no liability for any errors, omissions, or interruptions therein. Standard & Poor’s makes no warranties, express or implied, as to results to be obtained from use of information provided by Standard & Poor’s and used in this service, and Standard & Poor’s expressly disclaims all warranties of suitability with respect thereto. While Standard & Poor’s has obtained information believed to be reliable, Standard & Poor’s shall not be liable for any claims or losses of any nature in connection with information contained in this document, including but not limited to, lost profits or punitive or consequential damages, even if it is advised of the possibility of same.
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