FTSE portfolio

Germany Portfolio
5. October 2016
Women entrepreneurs 2014: Bridging the gender gap in venture capital
19. September 2016

FTSE portfolio

Companies listed in the FTSE 100 & FTSE 250 with an above average share of women in top-management outperformed the MSCI UK IMI GR benchmark by 61% during the last five years.
While between December 2011 and December 2016 the MSCI benchmark advanced by 28% - that corresponds to an annual increase in value of 5% - the Investing in Women UK portfolio increased by 89%. That corresponds to an annual increase in value of 13,5%.
In 2011 48 companies qualified for the Investing in Women UK portfolio. As of end of 2016 this number has increased to 76 of the 350 FTSE companies.

Additional annual return: 8,5%!

Increase in value
as of 31.12.2016
Increase
5 years
corresponds to
annually
Increase
3 years
corresponds to
annually
MSCI UK IMI Gross Return 28% 5,0% 5,5% 1,8%
FTSE companies with women in top-management 89% 13,5% 11,4% 3,7%
Additional return 61% 8,5/% 5,9% 1,9/%
The longterm additional annual performance surplus of also having women in top management is 8,5%!
However, it is fair to admit the the Investing in Women UK portfolio suffered more heavily from Brexit than the Benchmark as some sectors more prone to negative consequences of the Brecit like Financial Services, Real Estate and Travel are overpresented in this portfolio.