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DR ACCESS PRODUCTS

ABOUT CITI DEPOSITARY

RECEIPT SERVICES

INTERNATIONAL

INVESTING TRENDS

REGIONAL TRENDS

GLOBAL DR TRENDS

Holder Name

Investment

Style

Investor Type

Value of DRs

Held

(USD Billions)

Capital World

Investors (U.S.)

Growth

Mutual Fund

$21.6

Fidelity Management

& Research Company

Growth

Mutual Fund

$19.8

Baillie Gifford

& Company, LTD

Growth

Mutual Fund

$16.4

BlackRock Fund

Advisors

Index

Mutual Fund

$14.7

T. Rowe Price

Associates, Inc.

Growth

Mutual Fund

$14.2

Dodge & Cox

Value

Mutual Fund

$14.1

Fisher Investments

GARP

Mutual Fund

$13.3

Wellington Management

Company, LLP

Value

Mutual Fund

$11.5

Lazard Asset

Management, LLC (U.S.)

Value

Mutual Fund

$11.2

Dimensional Fund

Advisors, L.P. (U.S.)

Value

Mutual Fund

$11.1

By Top 10 DR Holders

1,2

Citi Depositary Receipt Services Year-End 2016 Report

37