Msci Acwi Growth Index Usd Gross
Msci Acwi Growth Index Usd Gross
Msci Acwi Growth Index Usd Gross
The MSCI ACWI Growth Index captures large and mid cap securities exhibiting overall growth style characteristics across 23
Developed Markets (DM) countries* 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 and long-term historical EPS growth trend and long-term historical sales per share growth trend.
INDEX PERFORMANCE — GROSS RETURNS (%) (OCT 31, 2022) FUNDAMENTALS (OCT 31, 2022)
ANNUALIZED
MSCI ACWI Growth 3.55 -11.54 -29.10 -29.66 5.70 7.06 9.75 6.65 1.11 24.90 20.17 4.88
MSCI ACWI 6.06 -7.54 -19.58 -20.81 5.34 5.76 8.54 6.62 2.33 16.45 14.21 2.53
MSCI World 7.21 -6.74 -18.09 -19.74 6.62 6.92 9.52 6.86 2.17 17.39 14.89 2.75
MSCI ACWI Growth 19.77 21.23 18.68 14.99 0.34 0.39 0.64 0.34 57.01 2000-03-31—2002-10-09
MSCI ACWI 2.62 19.63 17.31 14.07 0.33 0.34 0.60 0.35 58.06 2007-10-31—2009-03-09
MSCI World 2.31 20.27 17.74 14.30 0.39 0.40 0.65 0.36 57.46 2007-10-31—2009-03-09
1 2 3
Last 12 months Based on monthly gross returns data 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 Growth Index was launched on Dec 08, 1997. 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.
LOW SIZE
Smaller Companies
MOMENTUM
Rising Stocks
QUALITY
Sound Balance Sheet Stocks
YIELD
Cash Flow Paid Out
LOW VOLATILITY
Lower Risk Stocks
5.85% 5.39%
11.46%
3.51%
1.6%
1.14%
15.51%
0.58%
34% 61.53%
Information Technology 34% Consumer Discretionary 15.51% Health Care 11.46% United States 61.53% Japan 5.39% France 3.55% Switzerland 3.5%
Communication Services 9.99% Industrials 9.78% Financials 6.57% Canada 3.28% Other 22.75%
Consumer Staples 5.85% Materials 3.51% Energy 1.6% Real Estate 1.14%
Utilities 0.58%
INDEX FRAMEWORK
The MSCI Global Value and Growth Indexes are based on the MSCI Global Investable Market Value and Growth Indexes
Methodology—a comprehensive and state-of-the art approach to index construction that reflects investor’s views on style
definition and segmentation and provides a precise representation of the opportunity set for global style managers. The MSCI
style methodology adopts a two-dimensional framework for value/growth segmentation: each security is given an overall style
characteristic derived from its value and growth scores and is then placed into either a value or a growth index (or is partially
allocated to both). Style characteristics are defined using eight historical and forward looking variables (three for value and five
for growth). The index is reviewed semi-annually—in May and November—with the objective of reflecting change in the style
characteristics of the underlying equity markets in a timely manner, while limiting undue index turnover.
This summary is provided for illustrative purposes only and does not include all material elements of the index or its methodology. For a complete
description of the index methodology, please see Index methodology - MSCI.
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 consists
of 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 constructed
by 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 exposures
of funds/indexes and their benchmarks along 6 Factor Groups that have historically demonstrated excess market returns over
the long run.
ABOUT MSCI
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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.
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