FTSE Russell Factsheet

FTSE 100 Minimum Variance Index

Data as at: 31 January 2018
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The FTSE 100 Minimum Variance Index is designed to minimise the volatility of the FTSE 100 FEATURES
Index based on historical return information, thereby offering potential improvements to the risk
reward trade-off of the index. Methodology

The approach applies a rules-based strategy

Additional constraints on the weight of a single stock (<4.5%) and the weight of an individual to minimise the volatility of the FTSE 100
ICB Industry (<20%) ensure the index is investable and diversified. Index.
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Objective
10-Year Performance - Total Return
The index is designed for use in the creation
(GBP) of index tracking funds, derivatives and as a
250 performance benchmark.

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Investability

Stocks are selected and weighted to ensure

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that the index is investable.
100 Liquidity

50 Stocks are subject to an additional liquidity

Jan-2008 Jan-2009 Jan-2010 Jan-2011 Jan-2012 Jan-2013 Jan-2014 Jan-2015 Jan-2016 Jan-2017 Jan-2018 screen to ensure that the index is tradable.
Data as at month end
Transparency
FTSE 100 Minimum Variance FTSE 100 The indices use a transparent, rules-based

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construction process. Index Rules are freely
Performance and Volatility - Total Return available on the FTSE website.

Availability
Index (GBP) Return % Return pa %* Volatility %**
The index is calculated based on price and
3M 6M YTD 12M 3YR 5YR 3YR 5YR 1YR 3YR 5YR
total return methodologies, both real time
FTSE 100 Minimum Variance -1.3 1.6 -2.6 8.8 16.5 49.7 5.2 8.4 7.6 12.3 10.4
intra-second and end-of-day.
FTSE 100 1.1 3.9 -2.0 10.4 25.3 44.7 7.8 7.7 8.3 14.2 10.0
Industry Classification Benchmark
* 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 Index constituents are categorized in
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accordance with the Industry Classification
Benchmark (ICB), the global standard for
industry sector analysis.
Year-on-Year Performance - Total Return

Index % (GBP) 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
FTSE 100 Minimum Variance -19.8 18.9 15.9 6.4 15.2 20.6 6.3 6.0 8.0 10.4

FTSE 100 -28.3 27.3 12.6 -2.2 10.0 18.7 0.7 -1.3 19.1 11.9

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Source: FTSE Russell as at 31 January 2018. Past performance is no guarantee of future results. 1 of 2
Returns shown before the index launch date reflect hypothetical historical performance. Please see disclaimer for important legal information.
FTSE 100 Minimum Variance Index Data as at: 31 January 2018

Annualised Rolling 252 Day Volatility INFORMATION

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Index Universe

FTSE 100 Index

Index Launch

23 December 2011

Base Date

16 September 2011

Base Value
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100

Investability Screen
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Actual free float applied and liquidity
screened
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Index Calculation

Real Time
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End-of-Day Distribution

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Via FTP and email

Currency
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Euro and Sterling
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Review Dates
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March, June, September, December
31 January 2018

History

Available from March 2001

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Asia-Pacific
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 Hong Kong +852 2164 3333
index inception date is back-tested performance. Back-tested performance is not actual performance, but is hypothetical. The back-test calculations are Tokyo +81 3 3581 2764
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
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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.

Source: FTSE Russell as at 31 January 2018. Past performance is no guarantee of future results. 2 of 2
Returns shown before the index launch date reflect hypothetical historical performance. Please see disclaimer for important legal information.