MSCI EFM Central and East Europe and CIS Index (USD)

MSCI EFM Central and East Europe and CIS
Index
(USD)
The MSCI EFM Central and East Europe and CIS Index captures large and mid cap representation across
4 Emerging Markets (EM) countries and 9 Frontier Markets (FM) countries*. With 76 constituents, the index
covers approximately 85% of the free float-adjusted market capitalization in each country.
Cumulative Index Performance — Gross Returns (May 2002 – Oct 2014) — USD
600
Annual Performance (%)
EFM Central and East Europe & CIS
MSCI Emerging Markets
MSCI Frontier Markets
EFM
Central
and East
Europe
& CIS
MSCI
Emerging
Markets
1.91
18.49
-21.30
15.48
82.10
-68.63
24.70
47.96
49.58
38.50
61.35
-2.27
18.63
-18.17
19.20
79.02
-53.18
39.82
32.55
34.54
25.95
56.28
Year
2013
2012
2011
2010
411.99
400
2009
368.22
2008
2007
310.91
2006
2005
2004
2003
200
MSCI
Frontier
Markets
26.32
9.25
-18.38
24.24
11.72
-54.10
42.06
-8.86
72.74
22.67
43.56
50
May 02
Jun 03
Jun 04
Jul 05
Jul 06
Aug 07
Aug 08
Aug 09
Sep 10
Sep 11
Oct 12
Oct 13
Oct 14
Index Performance — Gross Returns (%) (October 31, 2014)
Fundamentals (October 31, 2014)
Annualized
1 Mo
EFM Central and East Europe & CIS
MSCI Emerging Markets
MSCI Frontier Markets
-2.90
1.19
-4.41
3 Mo
1 Yr
YTD
3 Yr
5 Yr
-6.73 -18.83 -15.98 -3.70
-4.14 0.98
3.97
3.59
-4.57 21.75 17.05 15.73
10 Yr
-0.69
4.98
8.81
Since
Div Yld (%)
P/E
P/E Fwd
P/BV
4.46
2.76
3.80
6.89
12.86
11.95
na
10.47
na
0.81
1.54
1.82
May 31, 2002
4.38
9.56
10.90 12.07
7.70 11.06
Index Risk and Return Characteristics (October 31, 2014)
Annualized Std Dev (%)2
Turnover
(%)1
EFM Central and East Europe & CIS
MSCI Emerging Markets
MSCI Frontier Markets
6.65
5.85
44.95
1
Sharpe Ratio2,3
Maximum Drawdown
Since
3 Yr
5 Yr
10 Yr
3 Yr
5 Yr
10 Yr
May 31,
2002
(%)
Period YYYY-MM-DD
22.03
15.49
10.57
25.30
18.54
13.08
31.41
23.84
21.09
-0.07
0.29
1.42
0.09
0.34
0.70
0.24
0.48
0.37
0.40
0.54
0.55
77.21
65.14
67.44
2008-05-21—2009-03-02
2007-10-29—2008-10-27
2008-01-15—2009-03-03
Last 12 months
2
Based on monthly gross returns data
3
Based on BBA LIBOR 1M
* EM countries include: Czech Republic, Hungary, Poland and Russia. FM countries include: Bulgaria, Croatia, Estonia, Kazakhstan, Lithuania, Romania, Serbia, Slovenia, and Ukraine.
The MSCI EFM Central and East Europe and CIS Index was launched on Feb 07, 2008. Data prior to the launch date is back-tested data (i.e. calculations of how the index might have performed over that
time period had the index existed). There are frequently material differences between back-tested performance and actual results. Past performance -- whether actual or back-tested -- is no indication or
guarantee of future performance.
MSCI EFM Central and East Europe and CIS Index
October 31, 2014
Index Characteristics
Top 10 Constituents
EFM Central and
East Europe & CIS
Number of
Constituents
Country
GAZPROM (RUB)
LUKOIL HOLDING(RUB)
SBERBANK RUSSIA COM(RUB)
MAGNIT GDR
NORILSK NICKEL MMC(RUB)
NOVATEK GDR (USD)
PKO BANK POLSKI
POWSZECHNY ZAKLAD UBEZP.
TATNEFT COMMON (RUB)
MOBILE TELESYS ADR (USD)
Total
76
Mkt Cap
(USD Millions)
Index
Largest
Smallest
Average
Median
274,068.03
38,835.04
43.76
3,606.16
1,644.75
Sector Weights
RU
RU
RU
RU
RU
RU
PL
PL
RU
RU
(USD Billions)
Mkt Cap
Wt. (%)
Index
Sector
Sector
38.84
25.06
19.07
17.42
10.31
9.78
9.75
8.43
8.43
7.39
154.47
14.17
9.14
6.96
6.36
3.76
3.57
3.56
3.08
3.08
2.70
56.36
Energy
Energy
Financials
Cons Staples
Materials
Energy
Financials
Financials
Energy
Telecom Srvcs
33.8
21.8
26.9
93.6
39.1
8.5
13.8
11.9
7.3
41.5
Wt. (%)
Country Weights
9.61%
24.09%
6.79%
6.5%
3.14%
5.86%
25.85%
2.85%
1.73%
1.47%
1.54%
2.93%
0.15%
41.96%
Energy 41.96%
Financials 25.85%
Telecommunication Services 6.5%
Health Care 1.54%
Materials 9.61%
Utilities 5.86%
Consumer Staples 6.79%
Consumer Discretionary 1.73%
65.51%
Russia 65.51%
Kazakhstan 1.47%
Poland 24.09%
Czech Republic 3.14%
Hungary 2.85%
Other 2.93%
Industrials 0.15%
Index Methodology
The index is based on the MSCI Global Investable Market Indexes (GIMI) Methodology - a comprehensive and consistent approach to index construction
that allows for meaningful global views and cross regional comparisons across all market capitalization size, sector and style segments and combinations.
This methodology aims to provide exhaustive coverage of the relevant investment opportunity set with a strong emphasis on index liquidity, investability
and replicability. The index is reviewed quarterly - in February, May, August and November - with the objective of reflecting change in the underlying equity
markets in a timely manner, while limiting undue index turnover. During the May and November semi-annual index reviews, the index is rebalanced and
the large and mid capitalization cutoff points are recalculated.
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About MSCI
MSCI Inc. is a leading provider of investment decision support tools to investors globally, including asset managers, banks, hedge funds and pension funds. MSCI products and services include indexes, portfolio risk and performance analytics,
and ESG data and research.
1
The company's flagship product offerings are: the MSCI indexes with approximately USD 9 trillion estimated to be benchmarked to them on a worldwide basis ; Barra multi-asset class factor models, portfolio risk and performance analytics;
RiskMetrics multi-asset class market and credit risk analytics; IPD real estate information, indexes and analytics; MSCI ESG (environmental, social and governance) Research screening, analysis and ratings; and FEA valuation models and risk
management software for the energy and commodities markets. MSCI is headquartered in New York, with research and commercial offices around the world.
1
As of March 31, 2014, as reported on June 25, 2014 by eVestment, Lipper and Bloomberg.
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