Accounting for Geographic Exposure in Performance and Risk Reporting for Equity Portfolios

Accounting for Geographic Exposure in Performance and Risk Reporting for Equity Portfolios — March 2015

Appendix

KINGFISHER

63.16%

13.01%

LAND SECURITIES GROUP

0.00%

0.00%

LLOYDS BANKING GROUP

5.81%

1.91%

MARKS & SPENCER GROUP

10.73%

3.53%

MORRISON(WM)SPMKTS.

0.00%

0.00%

NATIONAL GRID

56.62%

0.00%

NEXT

1.44%

1.02%

PRUDENTIAL

59.11%

11.45%

RECKITT BENCKISER GROUP

91.98%

50.10%

RIO TINTO

98.78%

49.53%

ROLLS-ROYCE HOLDINGS

83.50%

28.64%

ROYAL BANK OF SCTL.GP.

52.14%

9.38%

ROYAL DUTCH SHELL A

93.86%

26.54%

SAINSBURY (J)

0.00%

0.00%

SSE

2.06%

0.33%

SHIRE

95.58%

13.06%

SMITH & NEPHEW

92.82%

23.96%

SMITHS GROUP

95.09%

15.64%

STANDARD CHARTERED

98.32%

37.37%

STANDARD LIFE

34.64%

5.77%

TESCO

32.92%

11.67%

TULLOW OIL

98.81%

89.80%

UNILEVER (UK)

100.00%

29.96%

VODAFONE GROUP

84.14%

29.29%

WHITBREAD

2.73%

0.90%

WOLSELEY

85.86%

5.54%

WPP

87.71%

23.77%

Table 27: Companies in FTSE 100 with highest exposure to non-UK markets - The table below lists the companies which have the highest exposure (% of sales) to non-UK markets. The table also lists the cap-weighted rank of the stock in the index. The index constituents and cap-weighted rank are as of June-end 2013, for which sales data is taken for fiscal year 2012. The source of geographic segmentation data is DataStream (Worldscope). If a company reports sales for a geography (other than country-level sales), we break down geographic sales to country-level sales based on the GDP weight of the country within the geography (see Section 1). Name Non-UK sales (% of total sales) Cap-weighted rank 'BRITISH AMERICAN TOBACCO' 100.00% 6 'FRESNILLO' 100.00% 43 'G4S' 100.00% 82 'RANDGOLD RESOURCES' 100.00% 75 'UNILEVER (UK)' 100.00% 15 'ANTOFAGASTA' 99.42% 37 'TATE & LYLE' 99.30% 72 'TULLOW OIL' 98.81% 33 'RIO TINTO' 98.78% 10 'BHP BILLITON' 98.68% 13

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