BLUE CHIP EQUITY INDEX FACTSHEET 1/2

MDAX® INDEX
DAX® FAMILY
REGIONS SIZES SECTORS STRATEGIES BLUE CHIPS STYLE & THEME

SCOPE AND OBJECTIVE COMPOSITION

The MDAX® tracks the segment of mid-sized industrials, known as midcaps. It SECTOR ALLOCATION
contains the shares of the 50 companies listed in the Prime Segment of D
C Industrial
Deutsche Boerse, which follow the 30 DAX® companies with regard to market A 20.2%
E B Chemicals 14.7%
cap and stock exchange turnover. The MDAX® only contains companies in the
B C Financial Services 11.1%
traditional sectors, predominantly those in the pharmaceuticals, chemicals, F
D Consumer 10.8%
engineering and financial sectors. The MDAX® is calculated primarily as a G E Retail 8.9%
performance index. In addition to price performance, it takes into F Insurance 6.2%
consideration income from dividend payments, thus fully reflecting the actual G Media 6.1%
A H
performance of an investment in the index portfolio. H Others 21.9%

La rge s t c o m po ne nt s Inde x we ight M CAP 1 [ E UR bn] C urre nc y

A irbus 10,3% 42,2 EUR
KEY ADVANTAGES FOR THE INVESTOR Steinho ff Int. Ho lding 5,9% 11,6 EUR
Deutsche Wo hnen A G 5,3% 9,9 EUR
REPRESENTATIVE AND DIVERSIFIED B renntag A G 4,0% 7,9 EUR
With 50 components, the MDAX® offers investors representative and Symrise A G 4,0% 7,8 EUR
1
Uncapped f r ee- f loat mar ket cap
diversified access to the German midcap segment in the traditional sectors.

RULES-BASED
The MDAX® is fully rules-based and transparent. On the basis of a clear, INDEX PERFORMANCE*
publicly available set of rules – the Guide to the Equity Indices of Deutsche
Boerse – the composition of the index is determined in a manner 700
MDAX® TR EUR
comprehensible to all market participants. The data relevant to weighting, 600
MDAX® PR EUR

such as the amount of share capital and the number of shares in free float, is 500

updated in the index on a quarterly basis. This means that investors generally 400

only have to adjust the index portfolio on these dates. This gives them high 300

tradability and cost-efficient index replication. 200

100

KEY PERFORMANCE FEATURES

06-99 06-00 06-01 06-02 06-03 06-04 06-05 06-06 06-07 06-08 06-09 06-10 06-11 06-12 06-13 06-14 06-15 06-16

The MDAX® offers a particularly high level of liquidity combined with a

relatively low level of volatility. ANNUAL RETURNS
50%
40%
30%
20%
10%
0%
-10%
-20%
-30% MDAX® TR EUR
-40% MDAX® PR EUR
*rebased June 28, 1998, EUR, backtested

-50%
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 YtD
(2017)*
Data as of April 28, 2017
BLUE CHIP EQUITY INDEX FACTSHEET 2/2

MDAX® INDEX

INDEX METHODOLOGY KEY RATIOS

The MDAX® is completely rules-based and transparent. On the basis of a
M DA X® TR EUR M DA X® P R EUR
clear, publicly available set of rules – the Guide to the Equity Indices of Name
Deutsche Boerse – its composition is determined in a manner P erfo rmance YTD 10,9% 10,1%
comprehensible to all market participants. In order to qualify for a listing in P erfo rmance 1Y 20,0% 16,8%
the index, companies have to have their registered office or operational P erfo rmance 3 Y (annualized) 15,1% 12,2%
headquarters in Germany, or else generate a significant proportion of their P erfo rmance 5 Y (annualized) 17,4% 14,5%
trading turnover on the Frankfurter Wertpapierbörse (FWB®, the Frankfurt Vo latility 30 D (annualized) 10,2% 10,6%
Stock Exchange) and have their headquarters in a member state of the EU or Vo latility 1Y (annualized) 13,9% 13,9%
EFTA. Sharpe ratio 1Y 1,41 1,21
M arket capitalizatio n (EUR) 217.5 bn 217.5 bn
The weighting of components in the index is determined on the basis of the
M arket capitalizatio n (USD) 236.8 bn 236.8 bn
market cap of the shares in free float. To ensure tradability of the MDAX®, the A DTV (3 mo nths, EUR) 28 mn 28 mn
index weighting of individual shares is capped at 10% every quarter. P /E (trailing) 33,8 33,8
P /E (pro jected) 20,9 20,9
Quick Facts Gro ss Dividended yield 1Y 3,2% -
Weighting free-flo at market cap P rice/B o o k 2,5 2,5
Reco mpo sitio n Quarterly
Rebalancing Quarterly
No . o f co mpo nents 50
Co mpo nent capping 10%
Co rpo rate actio ns and dividends acc. to Index Guide
Currency EUR
Calculatio n ho urs 9:00 - 17:45 CET
Calculatio n frequencies Realtime, 1Sec.
Launch date January 19, 1996
B ase value 1000 as o f Dec. 30. 1987
Histo ry Dec. 30, 1987

VERSIONS AND SYMBOLS

Index ISIN Symbol Bloomberg Reuters
Total Ret. EUR DE0008467416 MDAX MDAX .MDAXI
Price EUR DE0008467531 MPDAX MKDX .MDAXIP

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terms of selection and weighting of the individual components and the methodologies chosen for This document contains index performance data based on backtesting, i.e. calculations of how
index calculation. the index might have performed prior to launch if it had existed using the same index
methodology and based on historical constituents. Backtested performance information is purely
DISCLAIMER hypothetical and is provided in this document solely for information purposes. Backtested
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other indices, calculated by Deutsche Boerse AG, as well as the use of the respective index data indication of actual performance.
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