FTSE Russell Factsheet FTSE Core Indexes (AUD) Data as at: 28 February 2019 bmktitle1 The Index and Index give participants an industry-defined interpretation of infrastructure and adjust the exposure to certain infrastructure sub-sectors. The constituent weights for these indexes are adjusted as part of the semi-annual review according to three broad industry sectors 50% Utilities, 30% Transportation including capping of 7.5% for railroads/railways and a 20% mix of other sectors including pipelines, satellites and telecommunication towers. Company weights within each group are adjusted in proportion to their investable market capitalisation. 5-Year Performance - Total Return 200 190 180 170 160 150 140 130 120 110 100 90 (AUD) Feb-2014 Feb-2015 Feb-2016 Feb-2017 Feb-2018 Feb-2019 Data as at month end FTSE Global All Cap FTSE Developed Performance and Volatility - Total Return Index (AUD) Return % Return pa %* Volatility %** 3M 6M YTD 12M 3YR 5YR 3YR 5YR 1YR 3YR 5YR 9.3 9.1 9.2 23.5 41.8 85.6 12.3 13.2 9.0 8.3 9.2 9.1 8.5 9.7 23.9 40.4 87.2 12.0 13.4 9.3 8.8 9.9 8.6 9.2 10.1 27.5 44.7 88.9 13.1 13.6 9.8 8.8 9.7 8.4 9.0 10.4 29.0 44.5 90.2 13.1 13.7 10.2 9.2 10.1 FTSE Global All Cap 5.9-1.6 10.0 8.9 46.5 74.2 13.6 11.7 10.5 9.6 9.7 FTSE Developed 5.4-1.6 9.7 10.0 46.1 77.1 13.5 12.1 10.9 9.7 10.1 * Compound annual returns measured over 3 and 5 years respectively ** Volatility 1YR based on 12 months daily data. 3YR based on weekly data (Wednesday to Wednesday). 5YR based on monthly data Year-on-Year Performance - Total Return Index % (AUD) 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 0.9-0.7 7.1 12.6 32.6 27.0 3.4 12.3 10.5 7.6-2.1-2.5 8.8 10.9 34.9 27.7 4.9 12.1 10.4 6.9-10.7-0.2 7.8 8.5 35.9 30.0 0.5 13.6 8.2 10.1-13.2-0.5 9.5 8.0 37.5 31.3 0.5 13.7 7.5 10.6 FTSE Global All Cap 6.6 0.7-7.7 15.7 43.7 14.3 10.6 9.5 15.2 0.4 FTSE Developed 1.8-1.5-5.5 15.6 47.1 14.9 12.2 8.7 14.7 1.5 FEATURES Coverage Constituents are selected from the FTSE Global All Cap Index using FTSE Russell s definition of infrastructure. FTSE Russell applies minimum infrastructure revenue thresholds of 65% for constituents of the Core indexes and 20% for constituents of the Opportunities indexes. Objective The indexes are designed for the creation of index tracking funds, derivatives and as a performance benchmark. Investability Stocks are selected and weighted to ensure that the index is investable. Liquidity Stocks are screened to ensure that the index is tradable. Capping The indexes are capped semi-annually to adjust the exposure to certain infrastructure sub-sectors and limit company weights to 5%. Transparency Index methodologies are freely available on the FTSE Russell website. Availability The indexes are calculated based on price and total return methodologies, on an endof-day basis. Tax adjusted and hedged versions of the indexes are also available. Industry Classification Benchmark (ICB) Index constituents are categorized in accordance with the Industry Classification Benchmark (ICB), the global standard for industry sector analysis. Constituents are screened according to ICB Subsectors that meet FTSE s definition of infrastructure. 1 of 6
FTSE Core Indexes (AUD) Data as at: 28 February 2019 Return/Risk Ratio and Drawdown - Total Return Index (AUD) Return/Risk Ratio Drawdown (%) 1YR 3YR 5YR 10YR 1YR 3YR 5YR 10YR 2.5 1.5 1.4 1.4-4.9-10.5-10.5-13.4 2.5 1.4 1.3 1.3-5.5-11.2-11.2-13.7 2.7 1.5 1.4 1.1-7.3-11.5-11.5-13.3 2.7 1.4 1.4 1.1-8.0-12.2-12.2-15.7 FTSE Global All Cap 0.8 1.4 1.2 1.3-15.5-15.5-15.5-18.3 FTSE Developed 0.9 1.3 1.2 1.3-16.1-16.1-16.1-18.6 Return/Risk Ratio based on compound annual returns and volatility in Performance and Volatility table Drawdown - based on daily data Top 10 Constituents - Constituent Country ICB Subsector (Wgt %) NextEra Energy Inc USA Transurban Group American Tower Corp Australia Conventional Electricity Transportation Services Diff % (Wgt %) 4.15 4.22-0.07 3.72 1.12 2.60 USA Specialty REITs 3.49 3.64-0.15 Enbridge Canada Pipelines 3.33 3.47-0.14 Duke Energy Corp USA Multiutilities 2.96 3.01-0.05 Dominion Energy Southern Co Crown Castle Intl Corp Atlantia USA USA Conventional Electricity Conventional Electricity 2.60 2.65-0.04 2.37 2.41-0.04 USA Specialty REITs 2.22 2.32-0.09 Italy Transportation Services 2.03 0.61 1.42 Union Pacific Corp USA Railroads 1.99 5.84-3.86 Totals 28.86 29.29 ICB Subsector Breakdown - ICB Code ICB Subsector No. of Cons Wgt % No. of Cons Wgt % Diff % 0577 Pipelines 14 12.34 14 12.85-0.51 INFORMATION Index Universe Index and Index Index Launch 2 March 2015 Base Date 31 December 2009 Base Value 1000 Investability Screen Actual free float applied and liquidity screened Index Calculation End-of-day End-of-Day Distribution Via FTP and email Currency USD, EUR, GBP, JPY, AUD and CAD Review Dates Semi-annually in March & September History Available from December 2005 Fundamental Research Fundamental research on the constituents of the FTSE Index Series is provided by LPX Group. LPX Group Website www.lpx-group.com 2357 Heavy Construction 3 0.72 3 0.22 0.50 2775 Railroads 11 5.66 11 16.65-10.99 2777 Transportation Services 47 21.79 47 6.55 15.24 5553 Broadcasting & Entertainment 3 0.51 3 0.53-0.02 5759 Travel & Tourism 6 1.60 6 4.69-3.09 6535 Fixed Line Telecommunications 3 0.14 3 0.14-0.01 6575 Mobile Telecommunications 5 0.46 5 0.48-0.02 7535 Conventional Electricity 68 31.43 68 31.95-0.52 7573 Gas Distribution 31 5.80 31 5.89-0.10 7575 Multiutilities 12 9.80 12 9.96-0.16 7577 Water 18 2.88 18 2.93-0.05 8675 Specialty REITs 5 6.74 5 7.03-0.28 9578 Telecommunications Equipment 3 0.13 3 0.14-0.01 Totals 229 100.00 229 100.00 2 of 6
FTSE Core Indexes (AUD) Data as at: 28 February 2019 ICB Subsector Breakdown - ICB Code ICB Subsector No. of Cons Wgt % No. of Cons Wgt % Diff % 0577 Pipelines 11 12.33 11 13.27-0.93 2775 Railroads 10 5.70 10 17.79-12.09 2777 Transportation Services 15 22.29 15 4.10 18.20 5553 Broadcasting & Entertainment 3 0.53 3 0.57-0.04 5759 Travel & Tourism 5 1.60 5 4.99-3.39 6535 Fixed Line Telecommunications 3 0.14 3 0.15-0.01 6575 Mobile Telecommunications 4 0.44 4 0.47-0.03 7535 Conventional Electricity 48 32.08 48 32.84-0.75 7573 Gas Distribution 20 5.26 20 5.38-0.12 7575 Multiutilities 11 10.40 11 10.65-0.24 7577 Water 7 2.21 7 2.26-0.05 8675 Specialty REITs 5 6.99 5 7.52-0.53 9578 Telecommunications Equipment 1 0.02 1 0.03 0.00 Totals 143 100.00 143 100.00 3 of 6
FTSE Core Indexes (AUD) Data as at: 28 February 2019 Country Breakdown - Country No. of Cons Wgt % No. of Cons Wgt % Diff % Australia 9 5.84 9 2.45 3.39 Austria 2 0.08 2 0.04 0.04 Belgium 1 0.10 1 0.10 0.00 Brazil 15 2.54 15 1.30 1.24 Canada 10 8.83 10 11.99-3.16 Chile 3 0.33 3 0.33-0.01 China 19 2.83 19 1.65 1.17 Colombia 1 0.09 1 0.09 0.00 Denmark 1 0.50 1 0.51-0.01 France 4 1.45 4 1.08 0.38 Germany 2 0.53 2 0.16 0.37 Greece 2 0.02 2 0.02 0.00 Hong Kong 6 2.69 6 2.99-0.30 India 14 1.15 14 0.58 0.58 Indonesia 2 0.21 2 0.13 0.09 Italy 8 3.52 8 1.91 1.61 Japan 19 5.02 19 7.87-2.84 Korea 3 0.43 3 0.44-0.01 Malaysia 3 0.44 3 0.14 0.30 Mexico 8 1.85 8 0.67 1.18 New Zealand 1 0.78 1 0.23 0.54 Pakistan 2 0.02 2 0.02 0.00 Philippines 4 0.56 4 0.29 0.27 Poland 1 0.01 1 0.02-0.01 Portugal 1 0.05 1 0.05 0.00 Russia 4 0.34 4 0.35-0.01 Singapore 2 0.22 2 0.09 0.13 Spain 5 3.10 5 1.88 1.22 Switzerland 1 0.53 1 0.16 0.37 Taiwan 1 0.35 1 0.11 0.25 Thailand 5 2.00 5 0.70 1.30 Turkey 2 0.15 2 0.05 0.10 UAE 1 0.41 1 0.12 0.29 UK 6 2.98 6 3.07-0.09 USA 61 50.05 61 58.41-8.37 Totals 229 100.00 229 100.00 4 of 6
28 February 2019 FTSE Core Indexes (AUD) Data as at: 28 February 2019 Country Breakdown - Country No. of Cons Wgt % No. of Cons Wgt % Diff % Australia 9 8.72 9 2.62 6.11 Austria 2 0.14 2 0.04 0.10 Belgium 1 0.11 1 0.11 0.00 Canada 10 9.13 10 12.83-3.69 Denmark 1 0.53 1 0.55-0.01 France 4 2.23 4 1.15 1.08 Germany 2 1.00 2 0.17 0.83 Hong Kong 6 2.86 6 3.20-0.34 Italy 8 5.65 8 2.05 3.60 Japan 19 5.26 19 8.42-3.16 Korea 3 0.46 3 0.47-0.01 New Zealand 1 1.46 1 0.25 1.21 Poland 1 0.01 1 0.02-0.01 Portugal 1 0.06 1 0.06 0.00 Singapore 2 0.38 2 0.10 0.28 Spain 5 4.75 5 2.01 2.75 Switzerland 1 1.00 1 0.17 0.83 UK 6 3.17 6 3.29-0.12 USA 61 53.08 61 62.51-9.43 Totals 143 100.00 143 100.00 Index Characteristics Attributes FTSE Developed Core FTSE Developed Core Number of constituents 229 143 229 143 Dividend Yield % 3.46 3.64 3.19 3.20 Constituent (Wgt %) Average 0.44 0.70 0.44 0.70 Largest 4.15 5.32 5.84 6.25 Median 0.17 0.34 0.13 0.32 Top 10 Holdings (Wgt %) 28.86 34.72 33.28 35.61 5 of 6
FTSE Core Indexes (AUD) Data as at: 28 February 2019 bmkimage1 bmkimage2 bmkimage3 2019 London Stock Exchange Group plc and its applicable group undertakings (the LSE Group ). The LSE Group includes (1) FTSE International Limited ( FTSE ), (2) Frank Russell Company ( Russell ), (3) FTSE Global Debt Capital Markets Inc. and FTSE Global Debt Capital Markets Limited (together, FTSE Canada ), (4) MTSNext Limited ( MTSNext ), (5) Mergent, Inc. ( Mergent ), (6) FTSE Fixed Income LLC ( FTSE FI ) and (7) The Yield Book Inc ( YB ). All rights reserved. FTSE Russell is a trading name of FTSE, Russell, FTSE Canada, MTSNext, Mergent, FTSE FI, YB. FTSE, Russell, FTSE Russell, MTS, FTSE4Good, ICB, Mergent, The Yield Book and all other trademarks and service marks used herein (whether registered or unregistered) are trademarks and/or service marks owned or licensed by the applicable member of the LSE Group or their respective licensors and are owned, or used under licence, by FTSE, Russell, MTSNext, FTSE Canada, Mergent, FTSE FI, YB. FTSE International Limited is authorised and regulated by the Financial Conduct Authority as a benchmark administrator. All information is provided for information purposes only. Every effort is made to ensure that all information given in this document is accurate, but no responsibility or liability can be accepted by any member of the LSE Group nor their respective directors, officers, employees, partners or licensors for any errors or for any loss from use of this publication or any of the information or data contained herein. No member of the LSE Group nor their respective directors, officers, employees, partners or licensors make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the FTSE Index Series or the fitness or suitability of the FTSE Index Series for any particular purpose to which they might be put. No member of the LSE Group nor their respective directors, officers, employees, partners or licensors provide investment advice and nothing in this document should be taken as constituting financial or investment advice. No member of the LSE Group nor their respective directors, officers, employees, partners or licensors make any representation regarding the advisability of investing in any asset. A decision to invest in any such asset should not be made in reliance on any information herein. Indexes cannot be invested in directly. Inclusion of an asset in an index is not a recommendation to buy, sell or hold that asset. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional. No part of this information may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior written permission of the applicable member of the LSE Group. Use and distribution of the LSE Group data requires a licence from FTSE, Russell, FTSE Canada, MTSNext, Mergent, FTSE FI, YB, and/or their respective licensors. Past performance is no guarantee of future results. Charts and graphs are provided for illustrative purposes only. Index returns shown may not represent the results of the actual trading of investable assets. Certain returns shown may reflect back-tested performance. All performance presented prior to the index inception date is back-tested performance. Back-tested performance is not actual performance, but is hypothetical. The back-test calculations are based on the same methodology that was in effect when the index was officially launched. However, back- tested data may reflect the application of the index methodology with the benefit of hindsight, and the historic calculations of an index may change from month to month based on revisions to the underlying economic data used in the calculation of the index. Data definitions available from info@ftserussell.com To learn more, visit www.ftserussell.com; email info@ftserussell.com; or call your regional Client Services Team office: EMEA +44 (0) 20 7866 1810 North America +1 877 503 6437 Asia-Pacific Hong Kong +852 2164 3333 Tokyo +81 3 4563 6346 Sydney +61 (0) 2 8823 3521 6 of 6