Citi Depository Receipt Services Mid-Year 2017 Report

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DR ACCESS PRODUCTS
ABOUT CITI DEPOSITARY
RECEIPT SERVICES
INTERNATIONAL
INVESTING TRENDS
GLOBAL DR TRENDS
Trends
CLDR YTD June 2017 Performance1,2
Source: Bloomberg.
Citi Liquid DR Indices
Citi Depositary Receipt Services maintains the Citi Liquid DR (CLDR) Indices to
provide insight into international investor sentiment towards non-U.S. markets.
The CLDR Indices are free-float, market cap weighted and include only those
companies that have actively traded U.S. exchange-listed ADRs or London-listed
GDRs. The CLDR Indices are distinctive in that they:
• Provide a timely gauge of international investor sentiment towards non-U.S. markets
at the end of the U.S. trading day, considering that all of the constituent equities
trade in the U.S. and/or London time zones.
• More completely capture U.S. and international investor sentiment towards
emerging markets by including London traded GDRs, unlike other DR indices.
• Include one of the few publicly available DR indices for Asia-Pacific ex-Japan and
Asia-Pacific growth economies.
CLDRWXUS Index
CLDRAPAC Index
CLDREAS Index
CLDREPAC Index
CLDRLAT Index
CLDREMEA Index
SPX Index
70
80
90
100
110
120
130
Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17
Levels
1 Data as of June 30, 2017.
2CLDRWXUS: World ex-U.S. Liquid DR Index; CLDRLAT: Latam Liquid DR Index; CLDRAPAC: AsiaPac
ex-Japan Liquid DR Index; CLDREAS: AsiaPac Growth Economies Liquid DR Index; CLDREPAC: EuroPac
Liquid DR Index; CLDREMEA: EMEA Liquid DR Index; SPX: S&P 500.
Citi Depositary Receipt Services Mid-Year 2017 Report
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