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The FTSE Actuaries’ industry classification system

Each company is classified according to the industry sub-sector which most closely fits the business area from which the majority of its profits is earned. There are around 75 sub-sectors, which are grouped into 37 sectors belonging to the following six ‘economic groups’:

helpfile00000159.gif Mineral Extraction

helpfile00000160.gif General Manufacturers

helpfile00000161.gif Consumer Goods

helpfile00000162.gif Services

helpfile00000163.gif Utilities

helpfile00000164.gif Financials

For example, in the Mineral Extraction economic group there are three sectors and six sub-sectors, as follows:

Sectors: Sub-sectors:

Extractive Industries Gold Mining

Other Mineral Extractors & Mines

Mining Finance

Oil, Integrated Oil, Integrated

Oil Exploration and Oil Exploration & Production

Production

Production Oil Services

Each sub-sector has a strict definition; Gold Mining, for example, is defined as ‘Prospectors for, extractors and refiners of gold-bearing ores’.

The industry sub-sectors are defined to meet the requirements of the current FTSE Actuaries industry classification system. This is used to allocate the constituent companies by size within the following share indices:

FTSE 100

FTSE Mid 250

FTSE Actuaries 350

FTSE SmallCap

FTSE Actuaries All-Share


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