Index Factsheet

MSCI AC Asia Paciﬁc ex Japan Index (GBP)The MSCI AC Asia Paciﬁc ex Japan Index captures large and mid cap representation across 4 of 5 Developed Markets countries* (excludingJapan) and 9 Emerging Markets countries* in the Asia Paciﬁc region. With 1,133 constituents, the index covers approximately 85% of thefree ﬂoat-adjusted market capitalization in each country.
For a complete description of the index methodology, please see Index methodology - MSCI.

CUMULATIVE INDEX PERFORMANCE — NET RETURNS (GBP)(OCT 2009 – OCT 2024)
600ANNUAL PERFORMANCE (%)
Year

MSCI AC Asia Pacific ex Japan

559.54MSCI ACWI

504.45MSCI World400

288.8520050
Oct 09Jan 11

Apr 12

Jul 13

Oct 14

Jan 16

Apr 17

Jul 18

Oct 19Jan 21

Apr 22

Jul 23

2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010

MSCI AC
Asia Paciﬁcex Japan

1.31
-7.08
-2.00
18.66
14.56
-8.57
25.13
27.34
-4.12
9.21
1.49
16.94
-14.9721.84

MSCI ACWIMSCI World

15.31
-8.08
19.63
12.67
21.71
-3.78
13.24
28.66
3.29
10.64
20.52
11.03
-6.66
16.21

16.81
-7.8322.94
12.32
22.74
-3.04
11.80
28.24
4.87
11.46
24.32
10.74
-4.84
15.28

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

FUNDAMENTALS (OCT 31, 2024)
ANNUALIZED1 Mo

3 Mo

1 Yr

YTD

3 Yr

5 Yr

10 Yr DecSince
29, 2000MSCI AC Asia Paciﬁc ex Japan -0.86

4.81

20.95

13.02

1.65

5.12

6.97

MSCI ACWI

1.99

2.47

25.33

15.02

7.79

11.22

MSCI World

2.26

2.35

26.17

15.52

8.68

12.17

Div Yld (%)

P/EP/E Fwd

P/BV

8.73

2.51

17.55

13.55

1.87

11.477.18

1.86

21.45

17.75

3.16

12.21

7.31

1.78

22.35

18.76

3.45

INDEX RISK AND RETURN CHARACTERISTICS (OCT 31, 2024)
ANNUALIZED STD DEV (%) 2SHARPE RATIO 2 , 310 Yr(%)

Period YYYY-MM-DD

0.27

0.46

0.43

52.38

2007-10-29—2008-10-27

0.75

0.89

0.40

46.12

2001-01-31—2003-03-12

0.79

0.93

0.41

46.66

2001-01-31—2003-03-12

3 Yr

5 Yr

10 Yr

3 Yr

5 Yr

MSCI AC Asia Paciﬁc ex Japan

4.38

14.66

14.64

14.03

-0.05

MSCI ACWI

2.48

10.80

12.53

11.48

0.44

11.28

13.03

11.73

0.50

2.31

MSCI World1

Last 12 months

2

Based on monthly net returns data

3

MAXIMUM DRAWDOWN

Since
Dec 29,2000

Turnover(%) 1

Based on Bank of England Overnight SONIA from Sep 1 2021 & on ICE LIBOR 1M prior that date

* Developed Markets countries in the index include: Australia, Hong Kong, New Zealand and Singapore. Emerging Markets countries include: China, India, Indonesia, Korea,Malaysia, Pakistan, the Philippines, Taiwan and Thailand.
The MSCI AC Asia Paciﬁc ex Japan Index was launched on Dec 31, 1987. 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 AC Asia Paciﬁc ex Japan Index (GBP) | msci.com

OCT 31, 2024

Index Factsheet

INDEX CHARACTERISTICS
Number ofConstituentsTOP 10 CONSTITUENTSMSCI AC Asia Paciﬁc ex JapanCountry

1,133

TAIWAN SEMICONDUCTOR MFG
TENCENT HOLDINGS LI (CN)SAMSUNG ELECTRONICS CO
ALIBABA GRP HLDG (HK)COMMONWEALTH BANK OF AUS
BHP GROUP (AU)MEITUAN B
RELIANCE INDUSTRIESCSLAIA GROUP
Total

Mkt Cap ( GBP Millions)

Index
LargestSmallest
Average
Median6,419,397.08
616,039.93
116.37
5,665.84
1,879.84

TW
CN
KR
CN
AU
AU
CN
IN
AU
HK

Float Adj Mkt
Cap( GBP Billions)616.04265.09159.36143.85
121.71110.17
90.99
75.03
70.65
68.51
1,721.39

Index
Wt. (%)

Sector

9.60
4.13
2.48
2.24
1.90
1.72
1.42
1.17
1.10
1.07
26.82

Info TechComm Srvcs
Info Tech
Cons DiscrFinancials
Materials
Cons Discr
EnergyHealth CareFinancials

FACTORS - KEY EXPOSURES THAT DRIVE RISK AND RETURNMSCI FACTOR BOX
UNDERWEIGHTMSCI FaCS
NEUTRAL

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 AC Asia Pacific ex JapanMSCI 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

7.11%

6.6%

8.6%

4.67%
3.99%

13.15%

3.47%

15.33%

9.65%

12.39%

18.07%

2.97%
2.6%
22.95%

Financials 23.9%

23.9%

Information Technology 22.95%

Communication Services 8.6%
Health Care 4.67%

Industrials 7.11%

Consumer Staples 3.99%

Consumer Discretionary 13.15%

China 26.27%

Materials 6.6%

South Korea 9.65%

Energy 3.47%

26.27%

18.28%

Taiwan 18.28%

India 18.07%

Australia 15.33%

Other 12.39%

Real Estate 2.97%

Utilities 2.6%

MSCI AC Asia Paciﬁc ex Japan Index (GBP) | 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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