new business presentation template master

1
Equity/Bond Fund Country Flows Reports
How to read EPFR Equity/Bond Fund Country Flows
Reports
2
Equity/Bond Fund Country Flows Reports
.

• Equity data tracks fund aggregate net
  buying/selling of equities by country
  region Bond data tracks combined emerging
  market bond fund net buying/selling by
  country region

• Equity report covers 55 emerging and developed
  markets plus cashBond report covers 29 emerging
  markets that comprise the EMBI Global Index plus
  cash

• Also includes country flows aggregates for
  each fund category

• Equity aggregate tab shows monthly net
  buying/selling by country and region for
  all funds combined Global Global ex-US funds,
  GEM funds, Asia ex-Japan, Latin America,
  EMEA, Europe, Pacific region and Country funds
  Bond aggregate tab shows monthly net
  buying/selling for dedicated emerging
  market and regional emerging market bond funds

• Equity data available from January 1996 bond
  data available from January 2004

3
Equity/Bond Fund Country Flows Reports
Definitions Method of Calculation
4
Equity/Bond Fund Country Flows Data
Definitions.
..

• Country Equity report covers 55 emerging and
  developed markets plus cashBond report covers
  29 emerging markets that comprise the EMBI Global
  Index plus cash

• Mkt Value of Holdings Beginning of Month
  combined US market value of portfolio holdings
  in country at close of business on last day of
  immediately preceding month for all funds tracked
  investing in that country

• Mkt Value of Holdings End of Month combined US
  market value of portfolio holdings in country at
  close of business on last day of month for all
  funds tracked investing in that country

• Increase (Decrease) in Mkt Value of
  Holdings during month (Mkt Value of
  Holdings Beginning of Month) x (Stock Market
  Index Performance for the Month)

• Net Purchases (Sales) for the Month
  (Mkt Value of Holdings End of Month) (Mkt Value
  of Holdings Beginning of Month)
  (Increasedecrease Mkt Value of Holdings during
  month)

• Net Purchases (Sales) for the Month as of BoM
  Holdings(Net Purchases Sales for the Month) /
  (Mkt Value of Holdings Beginning of Month)

5
Equity/Bond Fund Country Flows - Method of
Calculation
....
Country Flows Net Purchases (Sales) for the
Month
(Mkt Value of Holdings End of Month) (Mkt
Value of Holdings Beginning of Month)
(Increase decrease Mkt Value of Holdings during
month)
arises from
Change in Market Value of Holdings for the month
(Mkt Value of Holdings End of Month) (Mkt
Value of Holdings Beginning of Month)
Less
Increase (decrease) in Mkt Value of Holdings
during Month
(Mkt Value of Holdings Beginning of Month) x
(Stock Market Index performance for the Month)
6
Example..

• Country India

Mkt Value of India Holdings End of Month
US6,468.23M
Mkt Value of India Holdings Beginning of Month
US6,008.38M
MSCI India Total Return Index 6.84
Net Purchases (Sales) for the month
6,468.23 - 6,008.38 - (6,008.38 x 6.84)
6,468.23 - 6,008.38 - 410.97
US48.88M inflows
Equity Indexes used are MSCI and SP/IFC Bond
Indexes used are JP Morgan EMBI Global
7
Country
Equity report covers 55 emerging and developed
markets plus cashBond report covers 29 emerging
markets plus cash
8
Mkt Value of Holdings Beginning of Month
combined US market value of portfolio holdings
in country at close of business on last day of
immediately preceding month for all funds
tracked investing in that country
9
Mkt Value of Holdings End of Month
combined US market value of portfolio holdings
in country at close of business on last day of
month for all funds tracked investing in that
country
10
Increase (decrease) Mkt Value of Holdings during
month
(Mkt Value of Holdings Beginning of Month) x
(Stock Market Index Performance for the Month)
11
Net Purchases (Sales) for the Month
(Mkt Value of Holdings End of Month) (Mkt
Value of Holdings Beginning of Month) -
(Increase decrease Mkt Value of Holdings during
month)
12
Net Purchases (Sales) as ofBoM Holdings
(Net Purchases Sales for the Month) /
(Mkt Value of Holdings Beginning of Month)
13
Equity/Bond Fund Country Flows Reports FAQ
Contact Us
14
Frequently Asked Questions..

Q. In Country Flows report, are the following
securities classified under Hong Kong or China?
Shanghai exchange A and B shares Shenzhen
exchange A and B shares H-shares and Red-chips?
A. We classify Shanghai and Shenzhen A B
shares as well as H-shares and Red-chips under
China.
15
Sample reports and pricing information are
available athttp//www.epfr.com/feedback.cfm
or please feel free to contact us By Email
marketing_at_epfr.comBy Phone [phone]
Or, visit EPFR website at http//www.epfr.com