Accounting for Geographic Exposure in Performance and Risk Reporting for Equity Portfolios

Accounting for Geographic Exposure in Performance and Risk Reporting for Equity Portfolios — March 2015

Appendix

Table 10: Companies in STOXX Europe 600 with highest exposure to emerging markets - The table below lists the companies which have highest exposure (% of sales) to emerging markets. The table also lists the cap-weighted rank of the stock in the index. The index constituents and market capitalisation are as of June-end 2013, for which sales data is taken for fiscal year 2012. The source of geographic segmentation data is DataStream (Worldscope). If a company reports sales for a geography (other than country-level sales), we break down geographic sales to country-level sales based on the GDP weight of the country with the geography (see Section 1). Name Emerging market sales (% of total sales) Cap-weighted rank 'AFREN' 100.00% 507 'COCA COLA HBC (ATH)' 100.00% 229 'FRESNILLO' 100.00% 199 'INTERNATIONAL PSNL.FIN.' 100.00% 518 'MAUREL ET PROM' 100.00% 529 'RANDGOLD RESOURCES' 100.00% 313 'ENAGAS' 97.99% 306 'TULLOW OIL' 89.80% 153 'POLYMETAL INTERNATIONAL' 89.13% 471 'VEDANTA RESOURCES' 83.24% 391 Table 11: Weight of stocks with > 50% and < 50% Developed Europe exposure in STOXX Europe 600- The table below reports the weight of stocks in the STOXX Europe 600 index with more than 50% and less than 50% exposure to Developed European markets. The weights represent market capitalisation weights at the end of June every year. The currency used is US $. The exposure is calculated using segment sales data for the previous fiscal year. The source of geographic segmentation data is DataStream (Worldscope). Weight of stocks with > 50% Dev. Europe exposure Weight of stocks with < 50% Dev. Europe exposure 2004 56.39% 43.61% 2005 55.60% 44.40% 2006 58.67% 41.33% 2007 57.47% 42.53% 2008 57.06% 42.94% 2009 55.60% 44.40% 2010 48.59% 51.41% 2011 45.11% 54.89% 2012 37.55% 62.45% 2013 35.05% 64.95% Table 12: Weight of stocks with > 50% and < 50% Emerging market exposure in STOXX Europe 600- The table below reports the weight of stocks in the STOXX Europe 600 with more than 50% and less than 50% exposure to Emerging markets. The weights represent market capitalisation weights at the end of June every year. The currency used is US $. The exposure is calculated using segment sales data for the previous fiscal year. The source of geographic segmentation data is DataStream (Worldscope). Weight of stocks with > 50% Emerging market exposure Weight of stocks with < 50% Emerging market exposure 2004 0.94% 99.06% 2005 1.03% 98.97% 2006 2.31% 97.69% 2007 3.25% 96.75% 2008 3.71% 96.29% 2009 3.53% 96.47% 2010 2.76% 97.24% 2011 3.68% 96.32% 2012 6.39% 93.61% 2013 4.98% 95.02%

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An EDHEC-Risk Institute Publication