EMIX Vs competitors

1. Index Construction

2. EMIX Europe Index
Constituents
Europe ex. UK UK
350
UKlarge
Cap
No Fixed
Number
MarketCap.
Europelarge
Cap
• The EMIX Europe Index constituents are:
• 350 Large Cap European (ex.UK) stocks
• No fixed number of UK Large Cap Stocks that
have a market cap equal to or greater than the
smallest European (ex.UK) large Cap Stock
• No fixed number of European small cap stocks
that:
– Meet the Minimum ADTV Requirement
– Represent 35% of the capitalisation of the
Euromoney Smaller European Companies Index
No Fixed
Number
35% of Total Cap of Euromoney
Smaller European Companies Index

3. EMIX Europe Index
Constituents
10000
100000
1000000
10000000
100000000
1E+09
10000000 100000000 1E+09 1E+10 1E+11 1E+12
medianADTV(USD)
Market cap (USD)
Large Cap
Small Cap
Liquidity Ratio Barrier
MINIMUM ADTV REQUIREMENT
Representation of 35% of Smaller
European Companies Index Reached
EMIX Europe
Index

4. Performance Comparisons - BLOOMBERG

5. EMIX Europe- Comparisons to other indices
Key Characteristics – 7 Years
PRICE RETURN EMIX Europe MSCI Europe MSCI AC Europe FTSE - Eurofirst STOXX 600
Ann. Mean Return (%) 0.63 0.13 -0.07 0.23 0.40
Volatility (%) 15.81 15.73 15.86 15.66 15.82
Sharpe ratio -0.06 -0.09 -0.10 -0.08 -0.07
Correlations (%)
EMIX Europe 100.00 99.95 99.44 99.90 99.94
MSCI Europe 99.95 100.00 99.36 99.90 99.94
MSCI AC Europe 99.44 99.36 100.00 99.39 99.33
FTSE - Eurofirst 99.90 99.90 99.39 100.00 99.82
STOXX 600 99.94 99.94 99.33 99.82 100.00
GROSS TR EMIX Europe MSCI Europe MSCI AC Europe FTSE - Eurofirst STOXX 600
Ann. Mean Return (%) 3.66 3.30 3.08 4.05 3.52
Volatility (%) 15.88 15.81 16.09 15.78 15.90
Sharpe ratio 0.13 0.11 0.09 0.15 0.12
Correlations (%)
EMIX Europe 100.00 99.95 99.86 99.89 99.98
MSCI Europe 99.95 100.00 99.89 99.89 99.95
MSCI AC Europe 99.86 99.89 100.00 99.77 99.84
FTSE - Eurofirst 99.89 99.89 99.77 100.00 99.88
STOXX 600 99.98 99.95 99.84 99.88 100.00
NET TR EMIX Europe MSCI Europe MSCI AC Europe FTSE - Eurofirst STOXX 600
Ann. Mean Return (%) 4.41 3.95 3.72 4.05 4.16
Volatility (%) 15.92 15.85 16.13 15.78 15.94
Sharpe ratio 0.17 0.15 0.13 0.15 0.16
Correlations (%)
EMIX Europe 100.00 99.95 99.86 99.90 99.98
MSCI Europe 99.95 100.00 99.89 99.91 99.95
MSCI AC Europe 99.86 99.89 100.00 99.77 99.84
FTSE - Eurofirst 99.90 99.91 99.77 100.00 99.89
STOXX 600 99.98 99.95 99.84 99.89 100.00