Index Factsheet

MSCI ACWI High Dividend Yield Index (USD)The MSCI ACWI High Dividend Yield Index is based on MSCI ACWI, its parent index, and includes large and mid cap stocks across 23
Developed Markets (DM) and 24 Emerging Markets (EM) countries*. The index is designed to reﬂect the performance of equities in
the parent index (excluding REITs) with higher dividend income and quality characteristics than average dividend yields that are bothsustainable and persistent. The index also applies quality screens and reviews 12-month past performance to omit stocks with potentiallydeteriorating fundamentals that could force them to cut or reduce dividends.
For a complete description of the index methodology, please see Index methodology - MSCI.

CUMULATIVE INDEX PERFORMANCE — GROSS RETURNS (USD)(SEP 2009 – SEP 2024)

ANNUAL PERFORMANCE (%)

MSCI ACWI High Dividend Yield
400427.87

MSCI ACWI

331.62
300

200

10050
Sep 09Dec 10Mar 12

Jun 13

Sep 14

Dec 15

Mar 17

Jun 18

Sep 19Dec 20MSCI ACWI HighDividend Yield

YearMar 22

Jun 232023
20222021
2020
20192018201720162015201420132012
2011
2010

MSCI ACWI

10.33
-6.73
15.19
2.67
25.05
-6.27
19.87
11.01
-4.60
2.01
19.04
15.33
0.12
8.65

22.81
-17.96
19.04
16.82
27.30
-8.93
24.62
8.48
-1.84
4.71
23.44
16.80
-6.86
13.21

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

FUNDAMENTALS (SEP 30, 2024)
ANNUALIZED

1 Mo

3 Mo

1 Yr

YTD

3 Yr

5 Yr

10 Yr JunSince
30, 1994

MSCI ACWI High Dividend
Yield

1.93

9.87

23.12

14.88

8.02

8.70

7.39

MSCI ACWI

2.36

6.72

32.35

19.08

8.60

12.72

9.94

Div Yld (%)

P/EP/E Fwd

P/BV

9.59

3.65

15.01

13.19

2.34

8.22

1.85

21.76

17.94

3.18

INDEX RISK AND RETURN CHARACTERISTICS (JUN 01, 1994 – SEP 30, 2024)
ANNUALIZED STD DEV (%) 2Beta

MSCI ACWI High Dividend
Yield

0.89

5.50

MSCI ACWI

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
Jun 01,
1994

18.43

13.80

15.16

13.03

0.38

0.47

0.48

0.52

61.49

2007-10-31—2009-03-09

2.48

16.57

17.37

14.78

0.37

0.65

0.60

0.4258.06

2007-10-31—2009-03-09

Tracking TurnoverError (%) (%) 12

Based on monthly gross 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, Japan, 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 High Dividend Yield Index was launched on Jan 16, 2012. 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 actualor back-tested -- is no indication or guarantee of future performance.

MSCI ACWI High Dividend Yield Index (USD) | msci.com

SEP 30, 2024

Index Factsheet

INDEX CHARACTERISTICS
Number ofConstituents

MSCI ACWI HighDividend Yield

TOP 10 CONSTITUENTSMSCI ACWI

658

2,687

EXXON MOBIL CORP
PROCTER & GAMBLE CO
HOME DEPOTJOHNSON & JOHNSONABBVIE
COCA COLA (THE)NESTLECHEVRON CORPPEPSICONOVARTIS
Total

Weight (%)

LargestSmallest
Average
Median

3.26
0.00
0.15
0.05

4.34
0.00
0.04
0.01

CountryIndex
Wt. (%)

USUSUSUSUSUSCH
USUSCH

3.26
2.53
2.49
2.42
2.16
1.82
1.64
1.60
1.45
1.41
20.78

ParentIndex
Wt. (%)

Sector

0.67
0.52
0.51
0.50
0.45
0.38
0.34
0.33
0.30
0.29
4.28

EnergyCons Staples
Cons Discr
Health Care
Health Care
Cons Staples
Cons Staples
EnergyCons Staples
Health Care

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
YIELDCash Flow Paid Out
LOW VOLATILITY
Lower Risk Stocks<-1.50MSCI ACWI High Dividend Yield

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

+1.5<MSCI ACWI

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

SECTOR WEIGHTS

COUNTRY WEIGHTS

8.67%

7.94%

3.93%

9.69%

5.67%

5.6%

9.92%

5.37%

6.3%

5.07%

6.58%

26.13%

0.62%
17.9%

12.28%
16.87%

Consumer Staples 17.9%

51.47%

Financials 16.87%

Health Care 12.28%

Consumer Discretionary 9.92%

Energy 9.69%

Industrials 8.67%

Information Technology 7.94%

Materials 5.67%

Utilities 5.37%

Communication Services 5.07%

Real Estate 0.62%

United States 51.47%
France 3.93%

Japan 6.58%

Switzerland 6.3%

United Kingdom 5.6%

Other 26.13%

MSCI ACWI High Dividend Yield Index (USD) | msci.com

SEP 30, 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.

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 ACWI High Dividend Yield Index (USD) | msci.com