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Alpha Asset Management Α.Ε.D.Α.Κ ALPHA ASSET MANAGEMENT Α.Ε.D.Α.Κ. ALPHA ETF FTSE Athex 20 DOMESTIC EQUITIES FUND HCMC Rule 789/13.12.2007 Gov.Gaz. s.n. 2474/B/31.12.07 FUND CHARACTERISTICS 01.02.2008 INVESTMENT OBJECTIVE The Alpha ETF FTSE Athex 20 DOMESTIC EQUITIES FUND is the first Exchange Traded Fund listed on the Athens Stock Exchange. The objective of the Mutual Fund’s investment policy is to replicate the performance of the FTSE® Athex 20 Index of the Athens Stock Exchange in Euro, by mirror matching the composition of the Benchmark. The FTSE® Athex 20 Index is a big capitalization Index, capturing the 20 largest blue chip companies listed on the ATHEX. The total value of investments in shares of the FTSE® Athex 20 Index and in FTSE® Athex 20 Index derivatives accounts for a regulatory minimum of 95% of the Mutual Fund’s Net Asset Value. A percentage up to 35% of the Mutual Fund’s Net Asset Value may be invested in FTSE® Athex 20 Index derivatives with the aim of achieving the Mutual Fund’s investment objectives. The derivatives may be tradable (such as FTSE® Athex 20 Index futures) and/or non-tradable (OTC Swap Transactions) in a regulated market. INDEX FUND INFORMATION Fund type Domestic Exchange Traded Fund PERFORMANCE First listing date 24.1.2008 Base currency Euro Year (%) FTSE Athex 20 Index Benchmark FTSE® Athex 20 Index 2007 15,79% 3300 Currency risk Minimum 2006 17,73% Fund assets as of 01.02.2008 141.403.221 € 2800 2005 30,47% Net unit price as of 01.02.2008 23,40 € 2004 32,27% 2300 Valuation Daily 2003 35,43% 1800 Creation / Redemption unit 50.000 units 1300 Trading unit 1 unit Dividends Annual - 30 June 800 Management fee 0,275% 300 31/12/02 31/12/03 31/12/04 31/12/05 31/12/06 31/12/07 Custodian fee 0,100% Source: Bloomberg ISIN GRF000013000 COMPOSITION (as of 01.02.2008) Bloomberg AETF20 GA Equity Market Cap (€) % Weight Reuters AETF20.AT NATIONAL BANK OF GREECE S.A. 20,042,335,362.00 22.16 ALPHA BANK S.A. 9,181,218,405.68 10.15 HELLENIC TELECOM. ORG. 7,697,811,859.25 8.51 Web site address www.alphamutual.gr PIRAEUS BANK S.A. 7,292,769,620.50 8.06 E mail address [email protected] EFG EUROBANK ERGASIAS S.A. 7,259,998,173.54 8.03 Management company ALPHA ASSET MANAGEMENT BANK OF CYPRUS PUBLIC COMPANY LTD 6,001,964,679.80 6.64 MUTUAL FUNDS MANAGEMENT COMPANY S.A. OPAP SA 5,646,300,000.00 6.24 12-14 Pesmazoglou Str, 105 64 Athens, Tel. 210 3266564-9 MARFIN POPULAR BANK PUBLIC CO LTD 5,449,367,459.16 6.03 HCMC: 21/2/19.5.1989 & 16/391/20.7.2006 COCA-COLA Ε.Ε.Ε. S.A. 4,164,076,710.94 4.60 Custodian Alpha Bank, 40 Stadiou Str., 102 52 Athens MARFIN INVESTMENT GROUP HOLDINGS SA 3,967,367,280.90 4.39 PUBLIC POWER CORPORATION SA 3,596,000,000.00 3.98 TITAN CEMENT CO. S.A. 2,401,264,756.80 2.66 INTERNAL RISK CLASSIFICATION INTRALOT S.A. 1,368,491,420.73 1.51 HELLENIC PETROLEUM SA 1,215,205,495.56 1.34 012345678910 HELLENIC TECHNODOMIKI TEV SA 1,192,103,843.06 1.32 GREEK POSTAL SAVINGS BANK 1,130,752,206.90 1.25 MYTILINEOS HOLDINGS S.A. 877,382,535.00 0.97 LOW HIGH VIOHALKO S.A. 720,101,468.51 0.80 AGRICULTURAL BANK OF GREECE S.A. 651,919,999.68 0.72 MOTOR OIL (HELLAS) SA 579,616,551.36 0.64 ALPHA ASSET MANAGEMENT A.E.D.A.K. The Company is a member of Alpha Bank Group. It provides investment services in Asset Management of mutual funds and institutional assets and advisory investment services to a number of institutional investors such as pension funds, insurance funds etc. With 19 years of experience and a 22,75% market share in assets under management (as of 31/12/2007), Alpha Asset Management A.E.D.A.K. is a leading fund management company in Greece. Alpha Asset Management AEDAK, HCMC: 21/2/19.5.1989 & 16/391/20.7.2006 Alpha Asset Management AEDAK explicitlydeclares that the Mutual Fund is not, in any way, sponsored, endorsed, sold or promoted by FTSE InternationalLtd or by the London Stock Exchange Plc or by The Financial Times Ltd or by Athens Exchange S.A., and that neither FTSE InternationalLtd nor London Stock Exchange Plc nor The Financial Times Ltd nor the Athens Exchange S.A. makes any warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the FTSE® Athex 20 Index and/or the figure at which the said Index stands at any particular time on any particular day or otherwise. The Index is calculated by FTSE International Ltd. Neither FTSE International Ltd nor London Stock Exchange Plc nor The Financial Times Ltd nor the Athens Exchange S.A. shall be liable (whether in negligence or otherwise) to any person for any error in the Index, and neither FTSE International Ltd nor London Stock Exchange Plc nor The Financial Times Ltd nor the Athens Exchange S.A. shall be under any obligation to advise any person of any error therein. Alpha Asset Management AEDAK declares that ”FTSE®”, "FT-SE®" and "Footsie®" are trade marks jointly owned by the London Stock Exchange Plc and The Financial Times Limited and are used by FTSE International Limited (“FTSE”) under licence. MUTUAL FUNDS DO NOT HAVE A GUARANTEED RETURN AND PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RESULTS.
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