With immediate effect, the following changes will be made to the ground rules of the FTSE Value-Stocks China Index: 1. The data as at the last working day in March and August, instead of data as at the last working day in April and October, will be used in the biannual review in April and September; 2. Any constituent changes resulting from the biannual review will be implemented after the close of the index calculation on the third Friday of April and September, instead of on the third Friday of May and November; 3. The capping review will be conducted in March, June and December, instead of March, June, September and December; 4. The review undertaken by the FTSE Global All Cap Index will be taken into account in determining whether a constituent has resulted in a weighting above 20% of the Index during the periodic capping reviews; and 5. If the number of companies passing through all three screening criteria, namely contrarian screening, quality screening and valuation screening is less than 25 stocks, the following rules will apply: (a) If the number of companies is greater than 20 and less than 25, the Index will comprise less than 25 stocks until the next review. (b) If the number of companies is less than or equal to 20, the contrarian screening criteria will change, such that companies in the China Investable Universe covered by more than 10 analysts in the forecast recommendation with a buy recommendation from over 90% of analysts will be screened out. The quality screening and valuation screening process will continue to apply. Thereafter, if the number of companies passing through the three screenings remain less than or equal to 20, companies in the China Investable Universe covered by more than 10 analysts in the forecast recommendation with a buy recommendation from all analysts will be screened out. For the updated version of the ground rules, please visit http://www.ftse.com/Indices/Custom_Value_Partners/Index_Rules.jsp FREE TRIAL OFFER: FTSE offers free one month index trials to interested clients. For further information or general enquiries please contact us at info@ftse.com or call: | Client Services in UK: | Tel: +44 (0) 20 7866 1810 | | Client Services in Europe, Middle East & Africa: | Tel: +44 (0) 20 7866 1810 | | Client Services in US: | New York: (Domestic) + 1 888 747 FTSE (3873) / (International): +1 212 314 1139 | | Client Services in Asia Pacific: | Hong Kong: + 852 2164 3333 Australia:(Domestic Toll-Free) + 1800 653 680 / (International) + 61 (2) 9293 2864 Japan + 81 (3) 3581 2764 |
Alternatively, please visit our website at www.ftse.com |