IDX BUMN20 INDEX FACT SHEET

INDONESIA STOCK EXCHANGE December 2019

GENERAL INFORMATION HISTORICAL PERFORMANCE

Index Name : IDX BUMN20 Return Dec 30, 2009 - Dec 30, 2019
IDX JATS Code : IDXBUMN20 180%
IHSG LQ45 BUMN20 IHSG
Description : 160% 6299.539
An index that measures the stock price performance of (148.57%)
20 stocks of BUMNs (State-Owned Enterprises), BUMDs 140%
(Municipal-Owned Enterprises) and their affiliates with 120% BUMN20
relatively large market capitalization and high liquidity.
390.37
100%
Launch Date : May 17, 2018 (113.37%)
Base Date : January 30, 2009 80%
Base Value : 100 60% LQ45
Methodology : 1014.473
Capped Market Capitalization Weighted 40% (103.59%)
𝑛
σ𝑖=1 𝑀𝑎𝑟𝑘𝑒𝑡 𝐶𝑎𝑝𝑖 20%
𝐼𝑛𝑑𝑒𝑥 = x 100
𝐵𝑎𝑠𝑒 𝑀𝑎𝑟𝑘𝑒𝑡 𝐶𝑎𝑝 0%
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
On each periodic review, the constituent weight is -20%
capped so the highest weight in the index is no more
than 15%.
INDEX PERFORMANCE RISK
CONSTITUENT SELECTION Returns YoY Returns
Universe 6M -7.50% 3Y Beta 1.40
Stocks of listed BUMNs (state-owned enterprises), 1Y -0.46% Year BUMN20 IHSG LQ45 5Y Beta 1.34
BUMDs (municipal-owned enterprises) and their 3Y 9.03% 2019 -0.5% 1.7% 3.2% 3Y Std Dev (Ann.) 4.2%
affiliates. 5Y 9.15% 2018 -7.4% -2.5% -9.0% 5Y Std Dev (Ann.) 4.5%
Selection Criteria 10Y 113.37% 2017 18.3% 20.0% 22.0%
From the universe, 20 stocks are selected to be index Since Base Date 290.37% 2016 23.2% 15.3% 11.7%
constituents by considering the factors below: 3Y (Ann.) 2.92% 2015 -18.8% -12.1% -11.9% FUNDAMENTAL
a. Trading value and frequency in regular market over the 5Y (Ann.) 1.77% 2014 39.7% 22.3% 26.4%
past 3 months, 6 months and 12 months; 10Y (Ann.) 7.87% 2013 -3.4% -1.0% -3.3% P/E (Weight Avg.) 14.33
b. Number of trading days over the past 12 months; Since Base Date (Ann.) 13.29% 2012 18.6% 12.9% 9.1% P/BV (Weight Avg.) 1.55
c. Market Capitalization.

INDEX CHARACTERISTICS SECTOR WEIGHTS

INDEX MAINTENANCE Infras., Utilities &
Periodic Review Schedules Number of Constituents 20 Transportation Basic Industry &
24.9% Chemicals
1. Major Review: January and July. Constituent In/Out Avg. (10Y) 1.50 9.9%
2. Minor Review: April and October. Market Cap Total* (in tr. IDR) 840.34
Effective Date Largest 136.51
First trading day of the month after reviewing month Smallest 2.23 Mining
7.0%
(February, May, August, and November). Average 42.02
Announcement Median 20.17
At the latest 5 exchange days prior to the effective date. Finance
Property, RE & Bld.
Construction
Index MC / IDX MC (%) 24.12% 51.5%
6.7%

TOP 10 CONSTITUENTS
Market Cap* Index
Code Company Name (in trill. IDR) Weight Sector
BMRI Bank Mandiri (Persero) Tbk. 136.51 16.24% Finance
BBRI Bank Rakyat Indonesia (Persero) Tbk. 134.60 16.02% Finance
BBNI Bank Negara Indonesia (Persero) Tbk. 127.61 15.19% Finance
TLKM Telekomunikasi Indonesia (Persero) Tbk. 119.16 14.18% Infras., Utilities & Transportation
SMGR Semen Indonesia (Persero) Tbk. 71.18 8.47% Basic Industry & Chemicals
PGAS Perusahaan Gas Negara Tbk. 52.60 6.26% Infras., Utilities & Transportation
JSMR Jasa Marga (Persero) Tbk. 37.56 4.47% Infras., Utilities & Transportation
PTBA Bukit Asam Tbk. 30.64 3.65% Mining
BBTN Bank Tabungan Negara (Persero) Tbk. 22.23 2.64% Finance
ANTM Aneka Tambang Tbk. 20.19 2.40% Mining
Total (Top 10 Constituents) 752.27 89.52%
Data prior to the launch date is back-tested data.
*Adjusted Market Capitalization

Data as of: Dec 30, 2019

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