Index Factsheet

MSCI World Communication Services 20/35
Custom Index (USD)The MSCI World Communication Services 20/35 Custom Index is designed to measure the performance of the large and mid-cap securities
across 23 Developed Markets (DM) countries*. All securities in the index are classiﬁed in the Communication Services sector as per theGlobal Industry Classiﬁcation Standard (GICS®). The weight of the largest group entity in the index is constrained to 35% and the weights
of all other entities are constrained at 20%, with a buffer of 10% applied on these limits at each index rebalancing.
For a complete description of the index methodology, please see Index methodology - MSCI.

CUMULATIVE INDEX PERFORMANCE — NET RETURNS (USD)(MAY 2013 – SEP 2024)

ANNUAL PERFORMANCE (%)
MSCI World
Communication
Services
20/35 Custom

Year
MSCI World Communication Services 20/35 Custom
300

MSCI World

309.14253.22

200

2023
2022
2021
2020
2019
2018
2017
2016
2015
2014

MSCI World

45.96-36.73
14.35
22.98
27.39
-10.49
5.91
5.66
2.53
-1.91

23.79
-18.14
21.82
15.90
27.67
-8.71
22.40
7.51
-0.87
4.94

100
50
May 13May 14

Apr 15Mar 16

Mar 17

Feb 18

Jan 19Jan 20

Dec 20

Nov 21

Nov 22

Oct 23

Sep 24INDEX PERFORMANCE — NET RETURNS (%) (SEP 30, 2024)

FUNDAMENTALS (SEP 30, 2024)
ANNUALIZED1 Mo

3 Mo

1 Yr

YTD

3 Yr

5 Yr

10 Yr MaySince
31, 2013

MSCI World Communication
Services 20/35 Custom

4.05

3.84

40.03

26.11

4.61

12.06

7.70

MSCI World

1.83

6.36

32.43

18.86

9.08

13.04

10.07

Div Yld (%)

P/EP/E Fwd

P/BV

8.54

1.47

21.78

18.44

3.48

10.46

1.77

22.66

18.92

3.47

INDEX RISK AND RETURN CHARACTERISTICS (SEP 30, 2024)
ANNUALIZED STD DEV (%) 2

SHARPE RATIO 2 , 310 Yr(%)

Period YYYY-MM-DD

0.57

0.44

0.51

45.10

2021-09-07—2022-11-03

0.65

0.60

0.66

34.03

2020-02-12—2020-03-23

3 Yr

5 Yr

10 Yr

3 Yr

5 Yr

MSCI World Communication
Services 20/35 Custom

15.09

19.88

19.49

16.27

0.15

MSCI World

2.31

17.01

17.76

14.97

0.40

1

Last 12 months

2

Based on monthly net returns data

3

MAXIMUM DRAWDOWN

Since
May 31,
2013

Turnover(%) 1

Based on NY FED Overnight SOFR from Sep 1 2021 & on ICE LIBOR 1M prior that date

MSCI World Communication Services 20/35 Custom Index (USD) | msci.com

SEP 30, 2024

Index Factsheet

MSCI World Communication Services 20/35 Custom Index (USD)

INDEX CHARACTERISTICS
Number ofConstituents
Index
LargestSmallest
Average
MedianTOP 10 CONSTITUENTSMSCI World Communication
Services 20/35 Custom

73

Mkt Cap ( USD Millions)

5,287,381.01
997,287.85
3,102.91
72,429.88
17,558.64

Country

META PLATFORMS A
ALPHABET A
ALPHABET C
NETFLIXVERIZON COMMUNICATIONSDISNEY (WALT)COMCAST CORP A (NEW)AT&T
T-MOBILE US
DEUTSCHE TELEKOM
Total

SUB-INDUSTRY WEIGHTS

USUS
USUSUS
US
US
USUS
DE

Float Adj Mkt Cap( USD Billions)

Index
Wt. (%)

997.29852.03739.20373.33230.92214.21199.72
192.69133.30125.584,058.26

18.86
16.11
13.98
7.06
4.37
4.05
3.78
3.64
2.52
2.38
76.75

COUNTRY WEIGHTS

13.42%

6.92%

6.4%

4.57%

15.51%

2.67%

4.48%

1.66%

3.19%

1.38%

0.69%
0.23%

5.93%

81.96%

50.98%

Interactive Media & Services 50.98%
Movies & Entertainment 13.42%

Integrated Telecommunication Services 15.51%
Wireless Telecommunication Services 6.92%

Interactive Home Entertainment 4.57%
Broadcasting 0.69%

Cable & Satellite 4.48%

United States 81.96%
France 1.38%

Japan 6.4%

Germany 2.67%

United Kingdom 1.66%

Other 5.93%

Advertising 3.19%

Publishing 0.23%* DM countries include: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway,Portugal, Singapore, Spain, Sweden, Switzerland, the UK and the US.
The MSCI World Communication Services 20/35 Custom Index was launched on Apr 20, 2020. Data prior to the launch date is back-tested test (i.e. calculations of how theindex might have performed over that time period had the index existed). There are frequently material differences between back-tested performance and actual results. Pastperformance -- whether actual or back-tested -- is no indication or guarantee of future performance.

MSCI World Communication Services 20/35 Custom Index (USD) | msci.com

SEP 30, 2024

Index Factsheet

ABOUT MSCIMSCI is a leading provider of critical decision support tools and services for the global investment community. With over 45 years of expertise in research, data and technology, we power better investment
decisions by enabling clients to understand and analyze key drivers of risk and return and conﬁdently build more effective portfolios. We create industry-leading research-enhanced solutions that clients use
to gain insight into and improve transparency across the investment process. To learn more, please visit www.msci.com.
The information contained herein (the "Information") may not be reproduced or redisseminated in whole or in part without prior written permission from MSCI. The Information may not be used to verify orcorrect other data, to create indexes, risk models, or analytics, or in connection with issuing, offering, sponsoring, managing or marketing any securities, portfolios, ﬁnancial products or other investment
vehicles. Historical data and analysis should not be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information or MSCI index or other productor service constitutes an offer to buy or sell, or a promotion or recommendation of, any security, ﬁnancial instrument or product or trading strategy. Further, none of the Information or any MSCI index isintended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. The Information is provided "as is"and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. NONE OF MSCI INC. OR ANY OF ITS SUBSIDIARIES OR ITS OR THEIR DIRECTOR INDIRECT SUPPLIERS OR ANY THIRD PARTY INVOLVED IN THE MAKING OR COMPILING OF THE INFORMATION (EACH, AN "MSCI PARTY") MAKES ANY WARRANTIES OR REPRESENTATIONS AND,TO THE MAXIMUM EXTENT PERMITTED BY LAW, EACH MSCI PARTY HEREBY EXPRESSLY DISCLAIMS ALL IMPLIED WARRANTIES, INCLUDING WARRANTIES OF MERCHANTABILITY AND FITNESS FORA PARTICULAR PURPOSE. WITHOUT LIMITING ANY OF THE FOREGOING AND TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT SHALL ANY OF THE MSCI PARTIES HAVE ANY LIABILITYREGARDING ANY OF THE INFORMATION FOR ANY DIRECT, INDIRECT, SPECIAL, PUNITIVE, CONSEQUENTIAL (INCLUDING LOST PROFITS) OR ANY OTHER DAMAGES EVEN IF NOTIFIED OF THE POSSIBILITYOF SUCH DAMAGES. The foregoing shall not exclude or limit any liability that may not by applicable law be excluded or limited.
© 2024 MSCI Inc. All rights reserved.

MSCI World Communication Services 20/35 Custom Index (USD) | msci.com