MSCI Inc. (NYSE:MSCI), a leading provider of research-based
indexes and analytics, announced the results of the November 2019
Semi-Annual Index Review for the MSCI Equity Indexes - including
the MSCI Global Standard, MSCI Global Small Cap and MSCI Micro Cap
Indexes, the MSCI Global Value and Growth Indexes, the MSCI
Frontier Markets and MSCI Frontier Markets Small Cap Indexes, the
MSCI Global Islamic and MSCI Global Islamic Small Cap Indexes, the
MSCI Pan-Euro and MSCI Euro Indexes, the MSCI US Equity Indexes,
the MSCI US REIT Index, the MSCI China A indexes and the MSCI China
All Shares Indexes. All changes will be implemented as of the close
of November 26, 2019. These changes have been posted on the Index
Review web page on MSCI's web site at
https://www.msci.com/index-review.
Planned Weight Increase of China A Shares in Emerging
Markets: MSCI will implement the third step of the previously
announced weight increase of China A shares in the MSCI Emerging
Markets Indexes. Two hundred and four China A shares, 189 of which
are Mid Caps, will be added to the MSCI China Index and the
inclusion factor for 268 existing constituents will be increased
from 0.15 to 0.20. China A shares will have weights of 12.1% and
4.1% in the MSCI China and MSCI Emerging Markets Indexes,
respectively.
In addition, the list of pro forma China A securities for the
November 2019 Semi-Annual Index Review has been updated at
https://www.msci.com/index-consultations.
MSCI Global Standard Indexes: Two hundred seventy-eight
securities will be added to and 69 securities will be deleted from
the MSCI ACWI Index. In the MSCI World Index, the three largest
additions measured by full company market capitalization will be
Blackstone Group (USA), Match Group (USA) and Pinterest A (USA).
The three largest additions to the MSCI Emerging Markets Index
measured by full company market capitalization will be Csc
Financial A (Hk-C) (China), Hansoh Pharmaceutical (China) and Sbi
Life Insurance Co (India).
MSCI Global Small Cap Indexes: There will be 311
additions to and 234 deletions from the MSCI ACWI Small Cap
Index.
MSCI Global Investable Market Indexes: There will be 493
additions to and 207 deletions from the MSCI ACWI Investable Market
Index (IMI).
MSCI Global All Cap Indexes: There will be 343 additions
to and 208 deletions from the MSCI World All Cap Index.
MSCI Frontier Markets Indexes: There will be four
additions to and eight deletions from the MSCI Frontier Markets
Index. The three largest additions to the MSCI Frontier Markets
Index measured by full company market capitalization will be Nova
Ljubljanska Banka (Slovenia), Ho Chi Minh City Dev Bk (Vietnam) and
Commercial Bank Ceylon (Sri Lanka). There will be 13 additions to
and 17 deletions from the MSCI Frontier Markets Small Cap
Index.
MSCI Global Islamic Indexes: Twenty-seven securities will
be added to and 64 securities will be deleted from the MSCI ACWI
Islamic Index. The three largest additions to the MSCI ACWI Islamic
Index measured by full company market capitalization will be
Constellation Software (Canada), Wuxi Apptec Co H (China) and Wuxi
Apptec A (Hk-C) (China). There will be four additions to and four
deletions from the MSCI Gulf Cooperation Council (GCC) Countries
IMI Islamic Index.
MSCI US Equity Indexes: There will be eight securities
added to and five securities deleted from the MSCI US Large Cap 300
Index. The three largest additions to the MSCI US Large Cap 300
Index measured by full company market capitalization will be
Blackstone Group, Ihs Markit and Sba Communications A.
Twenty securities will be added to and 19 securities will be
deleted from the MSCI US Mid Cap 450 Index. The three largest
additions to the MSCI US Mid Cap 450 Index measured by full company
market capitalization will be Zoom Video Comm A, Dish Network A and
Incyte Corp.
Seventy-four securities will be added to and 35 securities will
be deleted from the MSCI US Small Cap 1750 Index. The three largest
additions to the MSCI US Small Cap 1750 Index measured by full
company market capitalization will be Stericycle, Acuity Brands and
Highwoods Properties.
There will be 20 additions to and 33 deletions from the MSCI US
Micro Cap Index.
For the MSCI US Investable Market Value Index, there will be 131
additions or upward changes in Value Inclusion Factor (VIFs), and
106 deletions or downward changes in (VIFs). For the MSCI US
Investable Market Growth Index, there will be 138 additions or
upward changes in Growth Inclusion Factors (GIFs), and 141
deletions or downward changes in GIFs.
MSCI US REIT Index: There will be three additions to and
no deletions from the MSCI US REIT Index. The additions to the MSCI
US REIT Index will be City Office Reit, Jernigan Capital and Global
Medical Reit.
MSCI China A Onshore Indexes: There will be 47 additions
to and 38 deletions from the MSCI China A Index. The three largest
additions to the MSCI China A Index will be Csc Financial Co A,
Avary Holding Shenzhen A and Shenzhen Huiding Tech A. There will be
320 additions to and nine deletions from the MSCI China A Small Cap
Index.
MSCI China All Shares Indexes: There will be 62 additions
to and 20 deletions from the MSCI China All Shares Index. The three
largest additions to the MSCI China All Shares Index will be Csc
Financial Co A, Hansoh Pharmaceutical and Shenzhen Huiding Tech A.
There will be 330 additions to and 37 deletions from the MSCI China
All Shares Small Cap Index.
-Ends-
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