FTSE ASEAN Index

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FTSE ASEAN Indexes is the project initiated under the first cooperative efforts between the seven ASEAN exchanges, namely Bursa Malaysia, Hanoi Stock Exchange, Hochiminh Stock Exchange, Indonesia Stock Exchange, The Philippines Stock Exchange, Singapore Exchange and Stock Exchange of Thailand. The indexes have been developed on recognized standards and methodology which will increase the visibility of ASEAN to domestic and international investors, and brand ASEAN as an appealing asset class. 

FTSE ASEAN Indexes were firstly launched on 21 September 2005 with the two indexes: FTSE ASEAN Index and FTSE ASEAN 40 Index. The newly added indexes on 28 May 2014 are FTSE ASEAN All-Share Index, FTSE ASEAN All-Share ex Developed Index and FTSE ASEAN Stars Index.

FTSE ASEAN Index that has 180 constituents and will be the benchmark for the five markets. The stocks constituted to this index must pass the following index rules:  Market capitalization must not be less than USD100 million  Liquidity Screen: Those stocks must have a trading turnover of not less than 0.5% of tradable shares (free-float-adjusted) in the 12-months period prior to the index constituent list adjustment.    FTSE ASEAN 40 Index – the tradable index suitable for institutional and retail funds, Exchanged Traded Funds (ETFs) and derivatives contracts. The stocks selected to be in a constituent list of FTSE ASEAN 40 index must be the stocks in FTSE ASEAN Index and must pass additional liquidity screening of not less than 20% of tradable shares (free-float-adjusted) in the 12-months period prior to the index constituent list adjustment.    FTSE ASEAN All-Share Index that is designed to represent the performance of large, mid and small cap ASEAN companies in all seven markets. The stocks constituted to this index must pass the following index rules:  Market capitalization – companies are required to be in the top 98 per cent of the market when ranked by market capitalisation; Liquidity Screen: Those stocks must have a trading turnover of not less than 0.5% of tradable shares (free-float-adjusted) in the 12-months period prior to the index constituent list adjustment. (0.25% for Hanoi Stock Exchange, Hochiminh Stock Exchange, Indonesia Stock Exchange and the Philippines Stock Exchange). Free float is greater than 15% (5% for Hanoi Stock Exchange and Hochiminh Stock Exchange).   FTSE ASEAN All-Share ex Developed Index that is designed to represent the performance of large, mid and small cap ASEAN companies in six markets except Singapore Exchange. The stocks constituted to this index must pass the same index rules as FTSE ASEAN All-Share Index.    FTSE ASEAN Stars Index that comprises of 30 companies from each ASEAN exchange with the exception of Vietnam where 15 companies are selected from the Ho Chi Minh and Hanoi Stock Exchanges respectively. The index will contain 180 companies in total. The FTSE ASEAN Stars Index is intended as a barometer and not to be used as the basis for investment products.

Key summary of FTSE ASEAN Index Series

Download Document	File Type
Research Report: 1st Edition (Sep. 2005)
Research Report: 2nd Edition (Jul. 2006)
Brochure