Index Factsheet

MSCI ACWI SMID Cap Growth Index (USD)The MSCI ACWI SMID Cap Growth Index captures mid and small-cap securities exhibiting overall growth style characteristics across 23
Developed Markets (DM) and 24 Emerging Markets (EM) countries*. The growth investment style characteristics for index construction
are deﬁned using ﬁve variables: long-term forward EPS growth rate, short-term forward EPS growth rate, current internal growth rate andlong-term historical EPS growth trend and long-term historical sales per share growth trend.
For a complete description of the index methodology, please see Index methodology - MSCI.

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

ANNUAL PERFORMANCE (%)
Year

MSCI ACWI SMID Cap Growth
400

MSCI ACWI SMID Cap

405.04MSCI ACWI

398.88375.01

300

200

100
50
Aug 09Nov 10Feb 12

May 13

Aug 14

Nov 15

Feb 17

May 18Aug 19Nov 20Feb 22

May 23

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

MSCI ACWISMID CapGrowth

18.40-25.43
11.33
28.46
28.76
-12.89
27.51
4.51
1.41
2.93
26.95
16.10
-9.54
24.79

MSCI ACWISMID CapMSCI ACWI

16.02-18.72
16.23
15.67
25.37
-13.80
24.18
9.26
-1.34
3.17
26.37
17.44
-10.42
23.25

22.20-18.36
18.54
16.25
26.60
-9.41
23.97
7.86
-2.36
4.16
22.80
16.13
-7.35
12.67

Aug 24INDEX PERFORMANCE — NET RETURNS (%) (AUG 30, 2024)

FUNDAMENTALS (AUG 30, 2024)
ANNUALIZED

1 Mo

3 Mo

1 Yr

YTD

3 Yr

5 Yr

10 Yr DecSince
29, 2000MSCI ACWI SMID Cap Growth

1.60

5.07

14.97

8.75

-1.98

8.64

7.27

MSCI ACWI SMID Cap

1.70

5.46

16.90

9.69

1.03

9.12

MSCI ACWI

2.54

6.51

23.44

15.97

5.77

12.14

Div Yld (%)

P/EP/E Fwd

P/BV

6.95

1.11

33.17

22.08

3.51

6.87

7.86

2.11

21.69

15.98

1.96

8.78

6.56

1.87

21.43

17.72

3.14

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

SHARPE RATIO 2 , 3

10 Yr

(%)

Period YYYY-MM-DD

0.40

0.40

0.31

65.16

2000-03-10—2002-10-09

-0.04

0.42

0.38

0.36

60.73

2007-07-13—2009-03-09

0.22

0.62

0.53

0.3758.38

2007-10-31—2009-03-09

3 Yr

5 Yr

10 Yr

3 Yr

5 Yr

MSCI ACWI SMID Cap Growth

31.34

19.70

20.35

16.97

-0.18

MSCI ACWI SMID Cap

10.17

18.40

20.20

16.74

16.78

17.37

14.83

2.41

MSCI ACWI
1

Last 12 months

2

Based on monthly net returns data

MAXIMUM DRAWDOWN

Since
Dec 29,2000

Turnover(%) 13

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 SMID Cap Growth Index was launched on Jun 05, 2007. Data prior to the launch date is back-tested test (i.e. calculations of how the index might have performedover 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 SMID Cap Growth Index (USD) | msci.com

AUG 30, 2024

Index Factsheet

INDEX CHARACTERISTICS

TOP 10 CONSTITUENTSMSCI ACWI SMID Cap Growth

Number ofConstituents

Float Adj Mkt
Cap( USD Billions)

4,230

PALANTIR TECHNOLOGIES A
TRADE DESK AMONOLITHIC POWER SYSTEMSGRAINGER (WW)FAIR ISAAC CORPQUANTA SERVICESROYAL CARIBBEAN GROUPGARTNEREQUIFAXHOWMET AEROSPACE
Total

Mkt Cap ( USD Millions)

Index
LargestSmallest
Average
Median9,176,470.78
59,853.16
18.19
2,169.38
794.92Index
Wt. (%)

Sector

0.65
0.51
0.50
0.48
0.47
0.44
0.44
0.42
0.42
0.41
4.72

Info Tech
Comm Srvcs
Info Tech
Industrials
Info Tech
Industrials
Cons Discr
Info Tech
Industrials
Industrials

59.85
46.50
45.48
43.59
43.00
40.27
40.14
38.29
38.16
37.50
432.78FACTORS - 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 ACWI SMID Cap Growth

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

+1.5<MSCI ACWI SMID Cap

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

SECTOR WEIGHTS

COUNTRY WEIGHTS

7.13%

6.99%

12.38%

5.53%
4.87%
3.88%

13%

3.97%

30.6%

4.01%
4.68%
9.44%

2.1%
1.4%
23.22%

19.49%

47.3%

Industrials 23.22%

Information Technology 19.49%

Health Care 12.38%

Materials 7.13%

Communication Services 4.87%

Consumer Discretionary 13%

Financials 6.99%

Energy 3.88%

Consumer Staples 5.53%

Real Estate 2.1%

United States 47.3%
India 3.97%

Japan 9.44%

Canada 4.68%

United Kingdom 4.01%

Other 30.6%

Utilities 1.4%

MSCI ACWI SMID Cap Growth Index (USD) | msci.com

AUG 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.

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to gain insight into and improve transparency across the investment process. To learn more, please visit www.msci.com.
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MSCI ACWI SMID Cap Growth Index (USD) | msci.com