Index Factsheet

MSCI ACWI ex Japan Equal Weighted Index (USD)The MSCI ACWI ex Japan Equal Weighted Index represents an alternative weighting scheme to its market cap weighted parent index,
MSCI ACWI ex Japan. The index includes the same constituents as its parent (large and mid cap securities from 22 Developed Markets(DM) and 24 Emerging Markets (EM) countries*). However, at each quarterly rebalance date, all index constituents are weighted equally,effectively removing the inﬂuence of each constituent’s current price (high or low). Between rebalances, index constituent weightings willﬂuctuate due to price performance.
For a complete description of the index methodology, please see Index methodology - MSCI.

CUMULATIVE INDEX PERFORMANCE — NET RETURNS (USD)(OCT 2009 – OCT 2024)

ANNUAL PERFORMANCE (%)

MSCI ACWI ex Japan Equal Weighted
400

MSCI ACWI ex Japan

408.65300
247.21200

10050
Oct 09Jan 11

Apr 12

Jul 13

Oct 14

Jan 16

Apr 17

Jul 18

Oct 19MSCI ACWI ex
Japan EqualWeightedYearJan 21Apr 22

Jul 232023
2022202120202019201820172016201520142013201220112010

MSCI ACWIex Japan

8.26-17.52
10.99
13.21
20.99
-14.07
25.96
9.41
-9.06
2.51
13.91
20.30
-14.5519.54

22.31-18.46
19.74
16.38
27.17
-9.13
23.97
8.35
-3.29
4.85
22.45
16.82
-6.68
12.42

Oct 24INDEX PERFORMANCE — NET RETURNS (%) (OCT 31, 2024)

FUNDAMENTALS (OCT 31, 2024)
ANNUALIZED

1 Mo

3 Mo

1 Yr

YTD

3 Yr

5 Yr

10 Yr DecSince
29, 2000MSCI ACWI ex Japan Equal
Weighted-4.02

5.08

22.47

8.69

-0.98

5.32

4.56

MSCI ACWI ex Japan

-2.16

2.93

33.39

16.45

5.68

11.46

9.26

Div Yld (%)

P/EP/E Fwd

P/BV

7.60

2.54

18.13

13.98

1.83

6.76

1.85

21.92

17.97

3.37

INDEX RISK AND RETURN CHARACTERISTICS (DEC 29, 2000 – OCT 31, 2024)
ANNUALIZED STD DEV (%) 2Beta

MSCI ACWI ex Japan Equal
Weighted

1.08

6.06

MSCI ACWI ex Japan

1.00

0.00

1Last 12 months

SHARPE RATIO 2 , 3

MAXIMUM DRAWDOWN

3 Yr

5 Yr

10 Yr

3 Yr

5 Yr

10 Yr

Since
Dec 29,2000

30.14

16.56

18.18

15.65

-0.20

0.25

0.25

0.39

62.90

2007-10-31—2009-03-09

2.4116.56

17.72

15.03

0.20

0.57

0.55

0.37

59.20

2007-10-31—2009-03-09

Tracking TurnoverError (%) (%) 12

Based on monthly net returns data

3(%)

Period YYYY-MM-DD

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

* DM countries include: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Netherlands, New Zealand, Norway, Portugal,Singapore, Spain, Sweden, Switzerland, the UK and the US. EM countries include: Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Korea,Kuwait, Malaysia, Mexico, Peru, Philippines, Poland, Qatar, Saudi Arabia, South Africa, Taiwan, Thailand, Turkey and United Arab Emirates.
The MSCI ACWI ex Japan Equal Weighted Index was launched on Aug 27, 2015. Data prior to the launch date is back-tested test (i.e. calculations of how the index might have
performed over that time period had the index existed). There are frequently material differences between back-tested performance and actual results. Past performance -whether actual or back-tested -- is no indication or guarantee of future performance.

MSCI ACWI ex Japan Equal Weighted Index (USD) | msci.com

OCT 31, 2024

Index Factsheet

INDEX CHARACTERISTICS
Number ofConstituents

MSCI ACWI ex
Japan Equal
Weighted

TOP 10 CONSTITUENTSMSCI ACWIex Japan

2,489

KUANG-CHI TECH A (HK-C)
SHANGHAI ELEC A (HK-C)
OFILM GROUP CO A (HK-C)
EAST MONEY INFO A (HK-C)
ISOFTSTONE INFO A (HK-C)HITHINK ROYAL A (HK-C)
CHINA GREATWALL A (HK-C)ANHUI JIANGHUAI A (HK-C)APPLOVIN CORP A
JA SOLAR TECH A (HK-C)
Total

2,489

Weight (%)

LargestSmallest
Average
Median

0.10
0.00
0.04
0.04

4.53
0.00
0.04
0.01

CountryIndex
Wt. (%)

CN
CN
CN
CN
CN
CN
CN
CN
US
CN

0.10
0.10
0.09
0.09
0.09
0.08
0.08
0.08
0.08
0.08
0.86

ParentIndex
Wt. (%)

0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.05
0.00
0.06

SectorIndustrials
Industrials
Info Tech
Financials
Info Tech
Financials
Info Tech
Cons Discr
Info Tech
Info Tech

FACTORS - KEY EXPOSURES THAT DRIVE RISK AND RETURNMSCI FACTOR BOX

MSCI FaCS

UNDERWEIGHTNEUTRAL

VALUE
Relatively Inexpensive Stocks

OVERWEIGHTLOW SIZE
Smaller Companies
MOMENTUM
Rising Stocks
QUALITY
Sound Balance Sheet Stocks
YIELD
Cash Flow Paid Out
LOW VOLATILITY
Lower Risk Stocks<-1.50MSCI ACWI ex Japan Equal Weighted

MSCI FaCS provides absolute factor exposuresrelative to abroad global index - MSCI ACWI IMI.

+1.5<
MSCI ACWI ex Japan

Neutral factor exposure (FaCS = 0) represents
MSCI ACWI IMI.

SECTOR WEIGHTS

COUNTRY WEIGHTS

8.14%7.35%

9.75%

5.11%

3.43%

5.1%

3.64%

4.18%

5.68%

10.02%

36.89%

4%
18.07%

12.41%

24.12%

26.24%

15.87%

Financials 18.07%

Industrials 15.87%

Materials 10.02%

Consumer Discretionary 9.75%

Consumer Staples 7.35%
Real Estate 4.18%

Utilities 5.11%

Information Technology 12.41%
Health Care 8.14%

China 26.24%

United States 24.12%

Canada 3.43%

Other 36.89%

India 5.68%

South Korea 3.64%

Communication Services 5.1%

Energy 4%

MSCI ACWI ex Japan Equal Weighted Index (USD) | msci.com

OCT 31, 2024

Index Factsheet

MSCI FACTOR BOX AND FaCS FRAMEWORK (Please refer to complete description of the MSCI FaCS methodology here)
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios. MSCI FaCS consistsof Factor Groups (e.g. Value, Size, Momentum, Quality, Yield, and Volatility) that have been extensively documented in academic
literature and validated by MSCI Research as key drivers of risk and return in equity portfolios. These Factor Groups are constructedby aggregating 16 factors (e.g. Book-to-Price, Earnings/Dividend Yields, LT Reversal, Leverage, Earnings Variability/Quality, Beta)from the latest Barra global equity factor risk model, GEMLT, designed to make fund comparisons transparent and intuitive for use.
The MSCI Factor Box, which is powered by MSCI FaCS, provides a visualization designed to easily compare absolute exposuresof funds/indexes and their benchmarks along 6 Factor Groups that have historically demonstrated excess market returns overthe long run.

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MSCI ACWI ex Japan Equal Weighted Index (USD) | msci.com