New issuer on the ETFplus market: Market Access

Borsa Italiana welcomes on the Open-end Index Funds - class 2 segment of ETFplus market the first 10 ETFs issued by the SICAV Market Access and managed by ABN AMRO Bank N.V.. The offer of the new comer is composed as follow.

3 ETFs on commodities indices: we are talking about Market Access Jim Rogers Int Commodity Fund - LU0249326488,  Market Access RICI - M Index Fund - LU0259320728 and Market Access RICI - A Index Fund - LU0259321452 whose target is to track the performance of their benchmark indices:

Rogers International Commodity Index
Rogers International Commodity Index – Metals
Rogers International Commodity Index – Agriculture

The RICISM is a composite, USD based, total return index, designed by James B. Rogers on July 31st, 1998.  RICISM represents the value of a basket of commodities consumed in the global economy, ranging from agricultural to energy and metals products. The value of this basket is tracked via futures contracts on 36 different exchanges. RICISM’s weightings attempt to balance consumption patterns worldwide (in developed and developing economies) and specific contract liquidity.

The RICISM-M Index is a composite total return index and is a sub-index of the Rogers International Commodity Index® (“RICISM”) designed by James B. Rogers on July 31st 1998. The RICISM-M Index represents the value of a basket of 10 metals commodities consumed in the global economy.

The RICISM-A Index is a composite total return index and is a sub-index of the Rogers International Commodity Index® (“RICISM”) designed by James B. Rogers on July 31st 1998. The RICISM-A Index represents the value of a basket of 20 agricultural commodities consumed in the global economy.

6 ETF on emerging markets indices: Market Access DaxGlobal Asia Index Fund - LU0259323235, Market Access DAXGlobal Russia Index Fund - LU0269999958, Market Access DAXGlobal BRIC Index Fund - LU0269999792, Market Access South-East Europe Traded Index Fund - LU0259329869, Market Access Dow Jones Turkey Titans 20 Fund - LU0269999362 and Market Access FTSE/JSE Africa Top 40 Index Fund - LU0270000028. Here below there is a short description of their benchmark indices.

DAXglobal Asia Index:
DAXAsia Index currently replicates the performance of the 10 most important Asian countries. The index represents Asia excluding Japan. DAXAsia is composed of the 40 biggest companies of emerging Asia. Every country is represented according to its economic performance, i.e. the respective GDP determines the amount of shares per country. The maximum number of companies per country is limited to 12. The base value of DAXAsia is 100 and corresponds to the base date 21 September 2001. The index constituents representing India are based on ADRs (American Depository Receipts), China is replicated via so-called Red-Chips and H-Shares, whereas South Korea, Taiwan, Indonesia, Hong Kong, Thailand, Malaysia, Singapore and the Philippines are covered by the shares, listed on the respective primary exchanges.

DAXglobal Russia:
The DAXRussia Index represents the performance of the 17 biggest and most liquid American Depository Receipts (ADRs) referring to Russian companies. The index is based on an open concept, i.e. it takes into account the future development of the Russian capital markets. The index  concept is open to up to 30 ADRs. These ADRs can be listed at several exchanges and have to generate an average daily turnover of more than 1 million USD.  The base value of DAXRussia Index is 100 and corresponds to the base date 31 December 2001. The DAXRussia Index is disseminated in real-time. In addition Deutsche Börse calculates once a day a performance figure based on daily closing prices.

DAXglobal BRIC Index:
DAXBRIC Index tracks the performance of the four biggest emerging markets of the world: Brazil, Russia, India, and China. DAXBRIC Index is constituted of the 40 biggest companies from the BRIC countries. Every country is represented through ten companies. The constituents from Brazil,  Russia, and India are represented through ADRs (American Depository Receipts) that are traded on the New York Stock Exchange and Nasdaq as well as the London Stock Exchange; whereas constituents from China are so called Red-chips or H-shares The base value of DAXBRIC is 100 and corresponds to the base date 21 September 2001.

South-East Europe Traded Index:
The SETX is a capitalization-weighted price index consisting of blue chip stocks traded on stock exchanges in the region of South-eastern Europe. The SETX consists currently of stocks listed in Bucharest, Ljubljana, Sofia and Zagreb. SETX is designed as a tradable index. The start level of SETX was set at 1,000 points on January 3, 2005.  The SETX is calculated in EUR and disseminated in real-time by WienerBorse AG.

Dow Jones Turkey Titans 20 Index:
The index, calculated and published by Dow Jones Indexes, represents the performance of the 20 largest and most liquid companies listed on the Istanbul Stock Exchange. It's a price index denominated in Euro

FTSE JSE Africa Top40 Index:
The Africa Top 40 Index is designed to represent the performance of Southern African companies, providing investors with a comprehensive and complementary set of indices, which measure the performance of the major capital and industry segments of the African market. The Africa Top40 Index is a capitalisation weighted index. Companies included in this index are the 40 largest companies by market capitalisation included in the FTSE/JSE All Shares Index. The index was developed with the base value of 10399.53 as of June 21, 2002.

1 ETF on gold mining stocks:  Market Access AMEX Gold Bugs Index Fund (LU0259322260) is aimed to replicate the performance of the AMEX Gold BUGS Index which is comprised of 15 of the nation's largest “unhedged” gold mining stocks. It is a modified equal-dollar weighted index of companies involved in major gold mining. The index  was designed to give investors significant exposure to near term movements in gold prices by including companies that do not hedge their gold production beyond 1 1/2 years. The index was developed with a base value of 200 as of March 15, 1996.

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