ETF Landscape: Celebrating 10 Years of ETFs in Europe - BlackRock

ETF Landscape April 2010Celebrating 10 Years of ETFs in Europe from BlackRockFigure 25: Macro asset allocation strategiesETFs can be used to implement the country and regional allocations suggested by strategists and analysts.MSCI World#stocks%weight% YTDreturnAustralia 73 3.93% -6.86%Austria 8 0.15% -4.77%Belgium 13 0.46% -2.61%Canada 99 4.95% -7.84%Denmark 13 0.43% 3.12%Finland 17 0.54% 2.26%France 76 4.86% -7.35%Germany 50 3.53% -8.89%Greece 12 0.19% -10.39%Hong Kong 41 1.09% -6.58%Ireland 4 0.12% -4.39%Italy 33 1.52% -8.48%Japan 345 10.29% 1.31%Netherlands 20 1.22% -3.51%New Zealand 5 0.05% -5.82%Norway 8 0.34% -7.30%Portugal 9 0.13% -10.19%Singapore 29 0.69% -6.08%Spain 29 1.85% -11.83%Sweden 30 1.22% -2.56%Switzerland 37 3.59% -3.67%United Kingdom 103 9.87% -4.94%United States 597 48.97% -3.60%Total 1,651 100.00% -4.19%MSCI Europe#stocks%weight% YTDreturnAustria 8 0.50% -4.77%Belgium 13 1.52% -2.61%Denmark 13 1.44% 3.12%Finland 17 1.79% 2.26%France 76 16.19% -7.35%Germany 50 11.76% -8.89%Greece 12 0.64% -10.39%Ireland 4 0.41% -4.39%Italy 33 5.06% -8.48%Netherlands 20 4.06% -3.51%Norway 8 1.14% -7.30%Portugal 9 0.43% -10.19%Spain 29 6.17% -11.83%Sweden 30 4.05% -2.56%Switzerland 37 11.97% -3.67%United Kingdom 103 32.87% -4.94%Total 462 100.00% -5.92%MSCI GCC Countries#stocks%weight% YTDreturnBahrain 7 8.41% -2.61%Kuwait 21 17.12% -5.44%Oman 11 2.67% 3.62%Qatar 14 7.07% -4.18%Saudi Arabia 37 53.89% 2.51%UAE 16 10.84% -9.78%Total 106 100.00% -0.81%MSCI Emerging Markets#stocks%weight% YTDreturnBrazil 75 16.50% -10.98%Chile 16 1.50% 3.07%China 118 17.33% -8.62%Colombia 8 0.65% 2.22%Czech Republic 3 0.43% 2.07%Egypt 12 0.51% 7.32%Hungary 4 0.59% 0.66%India 60 7.59% -5.34%Indonesia 22 1.94% 2.38%Israel 17 2.81% 0.29%Malaysia 42 2.71% -0.53%Mexico 23 4.31% -6.23%Morocco 4 0.20% 4.26%Peru 3 0.57% -10.09%Philippines 12 0.41% -5.79%Poland 19 1.30% -1.32%Russia 28 6.75% 2.39%South Africa 45 6.68% -5.44%South Korea 96 12.99% -4.66%Taiwan 117 11.34% -6.48%Thailand 23 1.35% -5.17%Turkey 20 1.52% 1.68%Total 767 100.00% -5.65%MSCI Frontier Markets#stocks%weight% YTDreturnArgentina 6 3.05% -3.19%Bahrain 7 11.26% -2.61%Bulgaria 2 0.19% 0.33%Croatia 7 2.62% 5.43%Estonia 2 0.40% 54.06%Jordan 8 2.36% -1.12%Kazakhstan 3 3.70% 1.15%Kenya 6 1.93% 8.89%Kuwait 21 22.92% -5.44%Lebanon 6 2.60% -3.96%Lithuania 2 0.24% 18.99%Mauritius 3 0.95% 3.26%Nigeria 12 6.91% 8.03%Oman 11 3.58% 3.62%Pakistan 14 3.53% 1.83%Qatar 14 9.47% -4.18%Romania 5 0.98% 8.48%Serbia 2 0.22% 0.30%Slovenia 6 3.20% -0.64%Sri Lanka 3 0.58% 0.24%Trinidad 2 1.01% 0.16%Tunisia 4 0.53% 4.58%UAE 16 14.52% -9.78%Ukraine 7 0.34% 8.38%Vietnam 14 2.92% -1.53%Total 183 100.00% -2.15%Note: Index returns are for illustrative purposes only and do not represent actual fund performance. Index performance returns do not reflect any management fees, transactioncosts or expenses. Indices are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results. YTD returns reflect US dollar priceperformance only from 31 December 2009 to 29 January 2010. Index weights captured from Bloomberg on 18 February 2010.Source: Global ETF Research and Implementation Strategy Team, BlackRock, Bloomberg.This document is not an offer to buy or sell any security or to participate in any trading strategy. Please refer to important information and qualifications at the end of this material. 30