Ann: Presentation - NAB Labs, page-9

The S&P/ASX 300 provides investors with broader exposure to the Australian equity market. The index is liquid, float-adjusted and includes up to 300 of Australia’s largest securities by float-adjusted market capitalization. The S&P/ASX 300 index includes the large cap, mid cap and small cap components of the S&P/ASX index family. The index covers approximately 81% of Australian equity market capitalization. This index is designed to address investment managers' needs to benchmark against a broad opportunity-set characterized by sufficient size and liquidity.