Thomson Reuters CRB Commodity Producers Index · PDF file• Coal Energy Producers • Steel • Aluminum • Copper • Iron Ore ... CRBQXTR MSCI WORLD TR S&P 500 TR DJ-UBS Commodity

© 2015 S-Network Global Indexes, 267 Fifth Avenue, New York, NY 10016.

Thomson Reuters CRB

Commodity Producers Index

Q2 2016


Index Description

A True Global Benchmark

150 Constituents

50 Energy Stocks

35 Agriculture Stocks

35 Base Industrial Metals Stocks

30 Precious Metals Stocks

Minimum Market Cap = USD 750 Million, USD 1 Billion for Energy Stocks

Sector Weights Comparable to TR/J CRB

Screened For Investability and Liquidity

Capitalization (Float Adjusted) Weighted by Sector

Solid design specifications assure broad market coverage and transactional efficiency.

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Commodity Producers

Comprehensive coverage of the commodity producers sector.

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• Seeds, chemicals and

fertilizer production

• Farm machinery

• Commodity agricultural

products

• Livestock & Aquaculture

• Trading companies &

distributors

Agricultural Producers

• Integrated Oil & Gas

• Exploration and

Production

• Oilfield Equipment and

Services

• Refining and Distribution

• Coal

Energy Producers

• Steel

• Aluminum

• Copper

• Iron Ore

• Nickel

Base/Industrial Metals

Producers

• Gold

• Silver

• Platinum

• Palladium

Precious Metals Miners


Features Benefits

Global Captures World-Wide Opportunity, Including BRIC Countries and Other Emerging Markets

Liquid Low Transaction Costs and No Practical Size Constraints

Pure-Play Direct Exposure to the Commodities Space

Production & Reserves Own or Control Global Production of Commodities (e.g. ~70% of Global Non-Governmental

Petroleum reserves)

Large Cap/Large Mid-Cap Bias Most Constituents Are the World Market Leaders in Their Respective Sectors

Oil & Gas Producer Bias Minimizes Value Added Service Providers, Improving Exposure to Underlying Energy

Commodities

Primary Agriculture No Companies Classified as Packaged Food Producers, Emphasis on Producers of Seeds,

Chemicals and Fertilizers

Equities Only No regulatory Risk Emanating from Use of Futures

Index Features and Benefits

Index Features and Benefits

Key design features result in key benefits for benchmarking and investing.

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Construction Methodology

Universe Development and Maintenance

~1500 Stocks from Around the World

Updated Quarterly for Corporate Actions + IPOs

Inclusion Criteria

No Investment Restrictions

No Operational Impediments

Listed on Exchange with Last Closing Price

Minimum Market Capitalization (>USD 750 million, >USD 1 Billion for Energy Sector)

Minimum Free Float (>USD 600 million, >USD 800 Million for Energy Sector)

Minimum Average Daily Trading Volume (>USD 1 million)

Weighting Within Sectors

Capitalization Weighted, Adjusted for Free Float

Raw Weights Within Sectors Adjusted by Sector Weights

Capping Procedures Applied (25/5/45 RIC Rules)

A stable and transparent construction methodology is entirely rules-based and fully replicable.

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Index Constituents and Performance


Capitalization Profile

With an average market capitalization of approximately 24 Billion USD, the Thomson Reuters CRB Commodity

Producers Index offers exposure to the world’s leading companies in the commodity sector.

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Number of Constituents 150

Total Market Capitalization 3.53 Trillion USD

Largest Market Capitalization 388.70 Billion USD

Smallest Market Capitalization 758.52 Million USD

Average Market Capitalization 23.53 Billion USD

Median Market Capitalization 10.07 Billion USD

Capitalization Profile

Source: S-Network, as of 6/30/2016


Diversification

The Thomson Reuters CRB Commodity Producers Index offers diversified country

and sector exposure.

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Integrated Oil & Gas 24%

Fertilizers & Agricultural Che

23% Agricultural

Products 9%

Gold 7%

Diversified Metals & Mining

7%

Oil & Gas Exploration &

Produc 7%

Steel 6%

Agricultural & Farm Machinery

6%

Oil & Gas Equipment &

Services 3%

Oil & Gas Storage & Transporta

3% Other

5%

CRBQX Sector Distribution

United States 53%

Canada 12%

United Kingdom 10%

Zurich 6%

Netherlands 2%

France 2%

Australia 2%

Hong Kong 2%

Japan 2%

Norway 1%

Others 8%

CRBQX Country Distribution


Historical Performance

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0

1,000

2,000

3,000

4,000

5,000

6,000

Dec-99 Dec-00 Dec-01 Dec-02 Dec-03 Dec-04 Dec-05 Dec-06 Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13 Dec-14 Dec-15

Thomson Reuters CRB Commodity Producers Index vs. Benchmarks (12/31/1999–06/30/2016)

CRBQXTR Index MSCI World TR S&P 500 TR DJ-UBS Commodity TR


Statistical Profiles


CRBQXTR MSCI WORLD TR S&P 500 TR DJ-UBS Commodity TR S&P GS Commodity TR

5 Year 18.69% 13.17% 12.10% 15.09% 19.59%

3 Year 16.72% 11.71% 11.25% 14.06% 20.44%

1 Year 23.15% 15.26% 14.50% 17.59% 23.23%


5 Year -4.96% 7.23% 12.10% -10.82% -14.03%

3 Year -2.46% 7.54% 11.66% -10.55% -19.81%

1 Year -7.15% -2.19% 3.99% -13.32% -26.08%

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Statistical Profile I


5 Year -22.44% 41.80% 77.02% -43.60% -53.03%

3 Year -7.21% 24.38% 39.20% -28.44% -48.43%

1 Year -7.15% -2.19% 3.99% -13.32% -26.08%

Total Return Appreciation

Compound Annual Growth Rate


Annualized Monthly Standard Deviation



CRBQXTR 1.0000

MSCI WORLD TR 0.8133 1.0000

S&P 500 TR 0.7436 0.9654 1.0000

DJ-UBS Commodity TR 0.7632 0.5149 0.4397 1.0000

S&P GS Commodity TR 0.7146 0.5333 0.4717 0.8745 1.0000

Statistical Profile II

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5 Year -0.1829 0.5911 1.0009 -0.6845 -0.6716

3 Year -0.0724 0.6727 1.0315 -0.7256 -0.9721

1 Year -0.2211 -0.0863 0.3251 -0.7350 -1.1824

Sharpe Ratio

Correlation (5 Year / Monthly)



Statistical Profile III

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CRBQXTR 1.0000

MSCI WORLD TR 0.6615 1.0000

S&P 500 TR 0.5530 0.9320 1.0000

DJ-UBS Commodity TR 0.5824 0.2651 0.1933 1.0000


R-Squared (5 Year / Monthly)


CRBQXTR 1.0000 0.5730 0.4817 0.6161 0.7492

MSCI WORLD TR 1.1543 1.0000 0.8875 0.5899 0.7936

S&P 500 TR 1.1481 1.0501 1.0000 0.5480 0.7635

DJ-UBS Commodity TR 0.9454 0.4494 0.3528 1.0000 1.1358


Beta (5 Year / Monthly)


Disclaimer

This information, including the Thomson Reuters CRB Commodity Producers Index (CRBQX) and related indices and sub-indices (collectively

the “CRB-EQ Indices”) and materials relating thereto, is the property of S-Network Global Indexes Inc (“SNGI”). SNGI is the designer of the

construction and methodology for the CRB-EQ Indices and is responsible for the content of this information. Reuters America LLC or its

affiliates (“Thomson Reuters”) or its affiliates act as brand licensors for the CRB-EQ Indices. This information may not be used to create, offer,

trade, market or promote any financial products without the express written consent of SNGI, which may be withheld for any reason including

the objections of Thomson Reuters. All historical data for the CRB-EQ Indices before their respective initial launch dates (as to each, the “Initial

Launch Date”) are simulated by applying the index construction and methodology at the Initial Launch Date, which was designed with the benefit

of hindsight, to available historical equity values. Simulated historical returns do not reflect the impact (if any) of market disruption or market

emergency events. Simulated historical returns do not reflect the impact that material changes in the underlying markets might have had on the

decisions to use or continue using certain securities and weightings in the CRB-EQ Indices. None of SNGI, Thomson Reuters or any other of

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Documents

Thomson Reuters CRB Commodity Producers Index · PDF file• Coal Energy Producers • Steel • Aluminum • Copper • Iron Ore ... CRBQXTR MSCI WORLD TR S&P 500 TR DJ-UBS Commodity