TOTAL MARKET INDICES 1 STOXX® LATIN AMERICA TOTAL MARKET INDEX Stated objective Key facts The STOXX Total Market (TMI) Indices cover 95% of the free-float » With 95% coverage of the free-float market cap of the relevant market cap of the relevant investable stock universe by region or investable stock universe per region, the index forms a unique country. The STOXX Global TMI serves as the basis for all regional benchmark for a truly global investment approach and country TMI indices. All TMI indices offer exposure to global equity markets with the broadest diversification within the STOXX equity universe in terms of regions, currencies and sectors. Descriptive statistics Index Market cap (EUR bn.) Components (EUR bn.) Component weight (%) Turnover (%) Full Free-float Mean Median Largest Smallest Largest Smallest Last 12 months STOXX Latin America Total Market Index 1,387.7 707.5 3.1 1.3 44.4 0.1 6.3 0.0 6.5 STOXX Americas Total Market Index 19,766.0 18,092.1 9.8 3.1 469.2 0.1 2.6 0.0 2.9 Supersector weighting (top 10) Country weighting Risk and return figures1 Index returns Return (%) Annualized return (%) Last month YTD 1Y 3Y 5Y Last month YTD 1Y 3Y 5Y STOXX Latin America Total Market Index 10.0 22.2 23.4 6.9 45.3 210.7 34.2 22.9 2.2 7.6 STOXX Americas Total Market Index 5.8 15.3 24.9 80.1 127.8 96.2 23.3 24.4 21.1 17.4 Index volatility and risk Annualized volatility (%) Annualized Sharpe ratio2 STOXX Latin America Total Market Index 18.9 17.6 17.2 17.7 19.8 4.3 1.7 1.2 0.1 0.3 STOXX Americas Total Market Index 10.1 11.0 10.8 13.1 18.9 4.2 2.0 2.0 1.5 0.8 Index to benchmark Correlation Tracking error (%) STOXX Latin America Total Market Index 0.6 0.5 0.4 0.6 0.7 15.1 15.9 15.7 14.1 14.1 Index to benchmark Beta Annualized information ratio STOXX Latin America Total Market Index 1.1 0.7 0.7 0.8 0.9 2.7 0.5 -0.0 -1.2 -0.6 1 For information on data calculation, please refer to STOXX calculation reference guide. 2 Based on Euribor1m (EUR, gross return), all data as of Aug. 29, 2014 INNOVATIVE. GLOBAL. INDICES. TOTAL MARKET INDICES 2 STOXX® LATIN AMERICA TOTAL MARKET INDEX Fundamentals (for last 12 months) Index Price/earnings Price/earnings Price/ Dividend Price/ Price/ incl. negative excl. negative book yield (%) sales cash flow Trailing Projected Trailing Projected Trailing Trailing Trailing Trailing STOXX Latin America Total Market Index 8.6 N/A 8.2 N/A 0.4 3.5 1.1 1.0 STOXX Americas Total Market Index 19.8 N/A 17.5 N/A 2.2 1.8 1.7 8.2 Performance and annual returns3 Methodology The STOXX Global TMI Index comprises all shares of the eligible STOXX universe. The other regional TMI indices consist of components of the relevant Total Market Country indices. The detailed methodology including the calculation formula can be found in our rulebook: www.stoxx.com/indices/rulebooks.html Version and symbols Quick facts Index ISIN Symbol Bloomberg Reuters Weighting Free-float market cap Gross Return EUR CH0121749110 TLTAMGR TLTAMGR Index .TLTAMGR No Net Return EUR CH0121749086 TLTAMR TLTAMR Index .TLTAMR Cap factor Price EUR CH0121749078 TLTAMP TLTAMP Index .TLTAMP No. of components Variable Gross Return USD CH0121749128 TLTAMGV TLTAMGV Index .TLTAMGV Net Return USD CH0121749102 TLTAMV TLTAMV Index .TLTAMV Review frequency Quarterly (March, June, September, December) Price USD CH0121749094 TLTAML TLTAML Index .TLTAML To learn more about the inception date, currency versions, calculation hours and Complete list available here: www.stoxx.com/data/vendor_codes.html historical values, please see our data vendor code sheet. 3 STOXX data from Dec. 27, 2001 to Aug. 28, 2014 (EUR, gross return), all data as of Aug. 29, 2014 CONTACT DETAILS STOXX customer support P +41 58 399 5900 Zurich/headquarters: Frankfurt: P +49 69 211 13243 Madrid: P +34 91 369 1229 [email protected] P +41 58 399 5300 Hong Kong: P +852 6307 9316 New York: P +1 212 669 6426 www.stoxx.com London: P +44 207 862 7680 STOXX is part of Deutsche Boerse and SIX CUSTOMIZATION The index can be used as a basis for the definition of STOXX® Customized Indices, which can be tailored to specific client or mandate needs. STOXX offers customization in almost unlimited forms for example in terms of component selection, weighting schemes and personalized calculation methodologies. DISCLAIMER STOXX® indices are protected through intellectual property rights. 'STOXX' and 'EURO STOXX 50' are registered trademarks. The use of the STOXX® indices for financial products or for other purposes requires a license from STOXX. STOXX does not make any warranties or representations, express or implied with respect to the timeliness, sequence, accuracy, completeness, currentness, merchantability, quality or fitness for any particular purpose of its index data. STOXX is not providing investment advice through the publication of the STOXX® indices or in connection therewith. In particular, the inclusion of a company in an index, its weighting, or the exclusion of a company from an index, does not in any way reflect an opinion of STOXX on the merits of that company. Financial instruments based on the STOXX® indices are in no way sponsored, endorsed, sold or promoted by STOXX. BACKTESTED PERFORMANCE This document contains index performance data based on backtesting, i.e. calculations of how the index might have performed prior to launch if it had existed using the same index methodology and based on historical constituents. Backtested performance information is purely hypothetical and is provided in this document solely for information purposes. Backtested performance does not represent actual performance and should not be interpreted as an indication of actual performance. TOTAL MARKET INDICES 3 STOXX® LATIN AMERICA TOTAL MARKET INDEX Components4 Company Supersector Country Weight (%) PETROLEO BRASILEIRO S.A. -PREF Oil & Gas BR 5.48 ITAU UNIBANCO HOLDING SA -PREF Banks BR 4.85 BANCO BRADESCO SA - PREF Banks BR 3.78 AMBEV Food & Beverage BR 3.74 America Movil SAB de CV Telecommunications MX 3.60 Petroleo Brasileiro SA Oil & Gas BR 3.36 VALE S.A. - PREF Basic Resources BR 2.60 Vale SA Basic Resources BR 2.32 Grupo Financiero Banorte SAB d Banks MX 2.06 BRF SA Food & Beverage BR 1.92 Banco do Brasil SA Banks BR 1.89 Wal-Mart de Mexico SAB de CV Retail MX 1.78 Fomento Economico Mexicano Food & Beverage MX 1.77 ITAUSA - PREF Financial Services BR 1.76 Cielo SA Financial Services BR 1.58 Grupo Mexico SAB de CV Basic Resources MX 1.46 ULTRAPAR PARTICIPACOES SA Utilities BR 1.17 BM&FBovespa SA Financial Services BR 1.16 Grupo Financiero Inbursa SA Banks MX 1.14 BBSEGURIDADE ON NM Insurance BR 1.12 Ecopetrol SA Oil & Gas CO 1.02 SACI Falabella Retail CL 1.00 BANCO BRADESCO SA Banks BR 1.00 CIA BRAS DE DISTRIBUICAO Retail BR 0.90 Credicorp Banks PE 0.89 EMPRESA DE ENERG Utilities CO 0.89 CCR - CIA DE CONCESSOES ROD. Industrial Goods & Services BR 0.88 CEMIG - PREF Utilities BR 0.79 GRUPO LALA Food & Beverage MX 0.78 Empresas COPEC SA Oil & Gas CL 0.77 KROTON ON Retail BR 0.75 TELEFONICA BRASIL PREF. Telecommunications BR 0.68 Gerdau SA Basic Resources BR 0.65 ITAUSA INVESTIMENTOS ITAU S.A Financial Services BR 0.64 Banco de Bogota Banks CO 0.61 Grupo de Inversiones Surameric Financial Services CO 0.61 OHL MEXICO Construction & Materials MX 0.60 BANCOLOMBIA S.A. - PREF Banks CO 0.59 LATAM AIRLINES GROUP Travel & Leisure CL 0.58 Weg SA Industrial Goods & Services BR 0.58 Empresa Nacional de Electricid Utilities CL 0.57 Embraer Industrial Goods & Services BR 0.55 TIM PARTICIPACOES SA Telecommunications BR 0.54 Mexichem SAB de CV Chemicals MX 0.53 SANTANDER MEXICO 'B' Banks MX 0.52 Enersis SA Utilities CL 0.52 Coca-Cola Femsa SAB de CV Food & Beverage MX 0.50 BanColombia SA Banks CO 0.50 ALPEK Chemicals MX 0.49 LOJAS RENNER Retail BR 0.48 Grupo Aval Financial Services CO 0.48 Banco Santander Chile Banks CL 0.48 GRUPO ARGOS Construction & Materials CO 0.47 GRUPO NUTRESA SA Food & Beverage CO 0.46 ITAU UNIBANCO HOLDING S.A. Banks BR 0.46 Souza Cruz SA Personal & Household Goods BR 0.46 Almacenes Exito SA Retail CO 0.45 JBS SA Food & Beverage BR 0.45 Lojas Americanas Retail BR 0.44 CIA DE SANEAMENTO BASICO SP Utilities BR 0.43 Natura Cosmeticos SA Personal & Household Goods BR 0.42 BR Malls Partic Real Estate BR 0.40 Cencosud SA Retail CL 0.40 CETIP Financial Services BR 0.39 BANCO SANTANDER Banks BR 0.38 Cia Siderurgica Nacional SA Basic Resources BR 0.37 ESTACIO PART Retail BR 0.37 Industrias Penoles SAB de CV Basic Resources MX 0.36 Hypermarcas SA Food & Beverage BR 0.36 BANCO SANTANDER - PREF Banks BR 0.36 COSAN SA INDUSTRIA E COMERCIO Food & Beverage BR 0.35 Imp Desr Amr Lat Construction & Materials MX 0.34 KLABIN S.A. - PREF Industrial Goods & Services BR 0.34 4 Based on the last periodic review implementation TOTAL MARKET INDICES 4 STOXX® LATIN AMERICA TOTAL MARKET INDEX Components4 Company Supersector Country Weight (%) ANHANGUERA EDU PARTICIPACOES Retail BR 0.33 Fibra Uno Administracion Real Estate MX 0.32 Banco de Credito e Inversiones Banks CL 0.32 Promotora y Opr Construction & Materials MX 0.32 GRUPO AERO.