FTSE Russell Factsheet
FTSE EPRA/NAREIT Developed Asia
Dividend+ Index
Data as at: 30 June 2017
FEATURES
Coverage
bmkTitle1
The FTSE EPRA/NAREIT Global Real Estate Index Series is designed to represent general trends
in eligible real estate equities worldwide. Relevant activities are defined as the ownership,
disposal and development of income-producing real estate. The index series now covers Global,
Developed and Emerging indices, as well the UK's AIM market.
The index is a subset of the FTSE
EPRA/NAREIT Developed Asia Index that
incorporates Real Estate Investment Trusts
(REITs) and Real Estate Holding &
The FTSE EPRA/NAREIT Developed Asia Dividend+ Index represents stocks that have a one-year
Development companies.
forecast dividend yield of 2% or greater. The index is then weighted by market capitalisation in
Methodology
line with the free-float adjusted EPRA/NAREIT Developed Asia Index. The FTSE EPRA/NAREIT
Developed Asia Dividend+ Index is suitable for use as the basis for investment products, such as
Captures stocks that have a forecasted
derivatives and Exchange Traded Funds (ETFs).
dividend yield of equal/greater than 2%.
5-Year Performance - Total Return
Diversified Investment Opportunities
The index series provides investors with the
(USD)
160
diversification that real estate offers due to
150
its low correlation with other asset classes,
140
along with sufficient liquidity.
130
Objective
120
The index is designed for use in the creation
110
of index tracking funds, derivatives and as a
100
Jun-2012
Jun-2013
Jun-2014
Jun-2015
Jun-2016
Jun-2017
performance benchmark.
Investability
Data as at month end
FTSE EPRA/NAREIT Developed Asia Dividend+
Stocks are selected and weighted to ensure
FTSE EPRA/NAREIT Developed Asia
FTSE Developed Asia Pacific
that the index is investable.
Liquidity
Dividend Yield
Stocks are screened to ensure that the index
5%
is tradable.
5%
Transparency
Yield
4%
The index uses a transparent, rules-based
4%
construction process. Index Rules are freely
3%
available on the FTSE website.
3%
Availability
The index is calculated based on price and
2%
Jun-2012
Jun-2013
Jun-2014
FTSE EPRA/NAREIT Developed Asia Dividend+
FTSE Developed Asia Pacific
Jun-2015
Data as at month end
Jun-2016
FTSE EPRA/NAREIT Developed Asia
Jun-2017
total return methodologies, both real time
and end-of-day. A Net Total Return index is
also available.
Property Sector Classification
Constituents are classified into distinct
Property Sectors based on gross invested
book assets as disclosed in the latest
published financial statement.
Source: FTSE Russell as at 30 June 2017. Past performance is no guarantee of future results.
Returns shown before the index launch date reflect hypothetical historical performance. Please see disclaimer for important legal information.
1 of 4
Data as at: 30 June 2017
FTSE EPRA/NAREIT Developed Asia Dividend+ Index
Performance and Volatility - Total Return
Index (USD)
INFORMATION
Return %
Return pa %*
Volatility %**
Index Universe
3M
6M
YTD
12M
3YR
5YR
3YR
5YR
1YR
3YR
5YR
FTSE EPRA/NAREIT Developed Asia
Dividend+
0.0
8.4
8.4
3.9
11.9
42.4
3.8
7.3
10.5
13.2
14.0
Series
FTSE EPRA/NAREIT Developed Asia
1.7
7.8
7.8
4.5
2.2
36.6
0.7
6.4
10.5
13.2
13.8
Index Launch
FTSE Developed Asia Pacific
4.9
13.5
13.5
22.0
14.8
53.1
4.7
8.9
11.5
14.3
11.8
* Compound annual returns measured over 3 and 5 years respectively
30 June 2005
Year-on-Year Performance - Total Return
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
FTSE EPRA/NAREIT Developed
Asia Dividend+
25.4
-55.4
56.2
20.9
-16.7
37.8
-5.2
12.9
-7.2
9.6
FTSE EPRA/NAREIT Developed
Asia
14.8
-52.5
43.4
17.2
-19.6
45.5
4.4
0.2
-7.2
6.1
8.4
-37.3
27.6
17.6
-13.2
16.3
15.7
-3.2
2.8
5.2
FTSE Developed Asia Pacific
20 September 2006
Base Date
** Volatility – 1YR based on 12 months daily data. 3YR based on weekly data (Wednesday to Wednesday). 5YR based on monthly data
Index % (USD)
FTSE EPRA/NAREIT Global Real Estate Index
Base Value
2000
Investability Screen
screened
Index Calculation
Return/Risk Ratio and Drawdown - Total Return
Index (USD)
Actual free float applied and liquidity
Return/Risk Ratio
Real-time and end-of-day
Drawdown (%)
1YR
3YR
5YR
10YR
1YR
3YR
5YR
10YR
End-of-Day Distribution
FTSE EPRA/NAREIT Developed Asia
Dividend+
0.4
0.3
0.5
0.1
-12.9
-21.1
-21.1
-70.5
Via FTP and email
FTSE EPRA/NAREIT Developed Asia
0.4
0.1
0.5
0.0
-10.7
-23.5
-26.3
-71.1
Currency
FTSE Developed Asia Pacific
1.8
0.3
0.8
0.2
-6.1
-24.3
-24.3
-55.3
USD, EUR, GBP, JPY, AUD
Dividend Information
Return/Risk Ratio – based on compound annual returns and volatility in Performance and Volatility table
Drawdown - based on daily data
Methodology based on one-year dividends
Top 10 Constituents
per share forecast/estimates
Constituent
Country
Property Sector
Net MCap (USDm)
Wgt %
Cheung Kong Property Holdings
Hong Kong
Diversified
21,328
7.05
Sun Hung Kai Props
Hong Kong
Diversified
20,849
6.89
Link Real Estate Investment Trust
Hong Kong
Retail
16,812
5.56
Scentre Group
Australia
Retail
15,879
5.25
Westfield Corp
Australia
Retail
11,792
3.90
Goodman Group
Australia
Industrial
10,594
3.50
Wharf Holdings
Hong Kong
Diversified
10,057
3.32
Hongkong Land Holdings
Hong Kong
Office
8,572
2.83
Stockland
Australia
Diversified
8,118
2.68
Dexus Property Group
Australia
Industrial/Office Mixed
7,395
2.44
131,396
43.42
Totals
Review Dates
Annually in September
History
Available from December 1999
Country Breakdown
FTSE EPRA/NAREIT Developed Asia
Dividend+
FTSE EPRA/NAREIT Developed Asia
Country
No. of Cons
Net MCap (USDm)
Wgt %
No. of Cons
Net MCap (USDm)
Wgt %
Australia
13
79,274
26.20
13
79,274
21.28
Hong Kong
13
109,653
36.23
13
109,653
29.44
Japan
33
82,261
27.18
40
148,486
39.86
1
1,463
0.48
1
1,463
0.39
New Zealand
Singapore
11
29,968
9.90
12
33,623
9.03
Totals
71
302,618
100.00
79
372,499
100.00
Source: FTSE Russell as at 30 June 2017. Past performance is no guarantee of future results.
Returns shown before the index launch date reflect hypothetical historical performance. Please see disclaimer for important legal information.
2 of 4
Data as at: 30 June 2017
FTSE EPRA/NAREIT Developed Asia Dividend+ Index
Property Sector Breakdown
FTSE EPRA/NAREIT Developed Asia
Dividend+
Property Sector
FTSE EPRA/NAREIT Developed Asia
No. of
Cons
Net MCap (USDm)
Wgt %
No. of
Cons
Net MCap (USDm)
Wgt %
Diversified
29
147,377
48.70
35
213,892
57.42
Industrial
8
27,575
9.11
8
27,575
7.40
Industrial/Office Mixed
1
7,395
2.44
1
7,395
1.99
Lodging/Resorts
Office
Residential
Retail
2
3,437
1.14
2
3,437
0.92
14
41,027
13.56
15
42,064
11.29
4
7,208
2.38
4
7,208
1.94
13
68,599
22.67
14
70,927
19.04
71
302,618
100.00
79
372,499
100.00
Index Characteristics
Attributes
FTSE EPRA/NAREIT Developed Asia FTSE EPRA/NAREIT Developed Asia
Dividend+
Number of constituents
Net MCap (USDm)
Dividend Yield %
71
79
302,618
372,499
3.76
3.27
Constituent Sizes (Net MCap USDm)
Average
4,262
4,715
Largest
21,328
22,522
775
775
2,614
2,662
Smallest
Median
Weight of Largest Constituent (%)
7.05
6.05
Top 10 Holdings (% Index MCap)
43.42
44.33
About EPRA/NAREIT
The European Public Real Estate Association (EPRA) is a common interest group, which aims to
promote, develop and represent the European public real estate sector. The National Association
of Real Estate Investment Trusts® (NAREIT) is the trade association for REITs and publicly
traded real estate companies with an interest in the US property and investment markets.
30 June 2017
Source: FTSE Russell as at 30 June 2017. Past performance is no guarantee of future results.
Returns shown before the index launch date reflect hypothetical historical performance. Please see disclaimer for important legal information.
3 of 4
Data as at: 30 June 2017
FTSE EPRA/NAREIT Developed Asia Dividend+ Index
bmkImage3
© 2017 London Stock Exchange Group plc and its applicable group undertakings (the “LSE Group”). The LSE Group includes (1) FTSE International Limited
(“FTSE”), (2) Frank Russell Company (“Russell”), (3) FTSE TMX Global Debt Capital Markets Inc. and FTSE TMX Global Debt Capital Markets Limited
(together, “FTSE TMX”) and (4) MTSNext Limited (“MTSNext”). All rights reserved.
®
®
®
®
®
®
FTSE Russell is a trading name of FTSE, Russell, FTSE TMX and MTS Next Limited. “FTSE ”, “Russell ”, “FTSE Russell ” “MTS ”, “FTSE TMX ”,
®
®
“FTSE4Good ” and “ICB ” and all other trademarks and service marks used herein (whether registered or unregistered) are trade marks and/or service
marks owned or licensed by the applicable member of the LSE Group or their respective licensors and are owned, or used under licence, by FTSE, Russell,
MTSNext, or FTSE TMX.
®
The FTSE EPRA/NAREIT Global Index Series is calculated by FTSE in association with EPRA and NAREIT. EPRA is a trade mark of European Public Real
Estate Association (“Partner”).
®
NAREIT is a trade mark of National Association of Real Estate Investment Trusts (“Partner”).
All rights in and to the
FTSE EPRA/NAREIT Global Index Series (“Index”) vest in FTSE and/or its relevant Partner(s).
All information is provided for information purposes only. Every effort is made to ensure that all information given in this publication is accurate, but no
responsibility or liability can be accepted by any member of the LSE Group nor their respective directors, officers, employees, partners or licensors for any
errors or for any loss from use of this publication or any of the information or data contained herein.
No member of the LSE Group nor their respective directors, officers, employees, partners or licensors make any claim, prediction, warranty or representation
Data definitions available from
[email protected]
To learn more, visit www.ftserussell.com;
email [email protected]; or
call your regional Client Services Team office:
whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the FTSE EPRA/NAREIT Global Index Series or the fitness or
suitability of the FTSE EPRA/NAREIT Global Index Series for any particular purpose to which they might be put.
EMEA
No member of the LSE Group nor their respective directors, officers, employees, partners or licensors provide investment advice and nothing in this
+44 (0) 20 7866 1810
document should be taken as constituting financial or investment advice. No member of the LSE Group nor their respective directors, officers, employees,
partners or licensors make any representation regarding the advisability of investing in any asset. A decision to invest in any such asset should not be made
in reliance on any information herein. Indexes cannot be invested in directly. Inclusion of an asset in an index is not a recommendation to buy, sell or hold
that asset. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a
North America
licensed professional.
+1 877 503 6437
No part of this information may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical,
Asia-Pacific
photocopying, recording or otherwise, without prior written permission of the applicable member of the LSE Group. Use and distribution of the LSE Group
index data and the use of their data to create financial products require a licence from FTSE, Russell, FTSE TMX, MTSNext and/or their respective licensors.
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
Tokyo +81 3 3581 2764
Sydney +61 (0) 2 8823 3521
index inception date is back-tested performance. Back-tested performance is not actual performance, but is hypothetical. The back-test calculations are
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
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 30 June 2017. Past performance is no guarantee of future results.
Returns shown before the index launch date reflect hypothetical historical performance. Please see disclaimer for important legal information.
4 of 4