MSCI Inc. (NYSE:MSCI), a leading provider of research-based
indexes and analytics, announced the results of the May 2021
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 Indexes, the MSCI US Equity Indexes, the MSCI
US REIT Index, the MSCI China A Onshore Indexes and the MSCI China
All Shares Indexes. All changes will be implemented as of the close
of May 27, 2021. These changes have been posted on the Index Review
web page on MSCI's web site at
https://www.msci.com/index-review.
MSCI Global Standard Indexes: One hundred and nine
securities will be added to and 96 securities will be deleted from
the MSCI ACWI Index. The three largest additions to the MSCI World
Index by full company market capitalization will be Sea A ADR
(Singapore), Volvo A (Sweden) and Palantir Technologies A (USA).
The three largest additions to the MSCI Emerging Markets Index
measured by full company market capitalization will be Rede Dor Sao
Luiz (Brazil), Ganfeng Lithium Co H (China) and Ningxia Baofeng A
(Hk-C) (China).
MSCI Global Small Cap Indexes: There will be 594
additions to and 220 deletions from the MSCI ACWI Small Cap
Index.
MSCI Global Investable Market Indexes: There will be 609
additions to and 222 deletions from the MSCI ACWI Investable Market
Index (IMI).
MSCI Global All Cap Indexes: There will be 661 additions
to and 66 deletions from the MSCI World All Cap Index.
MSCI Frontier Markets Indexes: There will be seven
additions to and five 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 Marel
(Iceland), Ossur (Iceland) and Thaiholdings (Vietnam). There will
be 24 additions to and 24 deletions from the MSCI Frontier Markets
Small Cap Index.
As previously announced, the MSCI Iceland Indexes will be
included in the MSCI Frontier Markets Indexes in one step
coinciding with this Index Review. Three Icelandic securities will
be added to the MSCI Frontier Markets Index, representing an
aggregate weight of 8.25%. Ten Icelandic securities will be added
to the MSCI Frontier Markets Small Cap Index.
In light of currently observed market accessibility issues, MSCI
will not implement changes as part of this Index Review for any
securities classified in Bangladesh, Lebanon or Nigeria for the
MSCI Bangladesh, Lebanon and Nigeria Indexes or impacted composite
indexes. In addition, in the context of the inclusion of Iceland in
the MSCI Frontier Markets Indexes, MSCI will adjust the Limited
Investability Factor (LIF) applied to securities in the equity
universe of Bangladesh and Nigeria with the objective of keeping
their weights unchanged in the MSCI Frontier Markets Indexes as of
the price cutoff date for the May 2021 Semi-Annual Index
Review.
MSCI Global Islamic Indexes: Forty-three securities will
be added to and 58 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 Roche
Holding Inhaber (Switzerland), Pfizer (USA) and Danaher Corp (USA).
There will be three additions to and seven deletions from the MSCI
Gulf Cooperation Council (GCC) Countries ex Saudi Arabia IMI
Islamic Index.
MSCI US Equity Indexes: There will be four securities
added to and 11 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
Palantir Technologies A, Liberty Broadband A and Liberty Broadband
C.
Twenty-five securities will be added to and 24 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 Unity Software, Arista Networks and
Edison International.
One hundred eighty securities will be added to and 143
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 Upstart
Holdings, Huntsman Corp and Ncino.
There will be 137 additions to and 10 deletions from the MSCI US
Micro Cap Index.
For the MSCI US Investable Market Value Index, there will be 162
additions or upward changes in Value Inclusion Factors (VIFs), and
213 deletions or downward changes in VIFs. For the MSCI US
Investable Market Growth Index, there will be 252 additions or
upward changes in Growth Inclusion Factors (GIFs), and 162
deletions or downward changes in GIFs.
MSCI US REIT Index: There will be two additions to and no
deletions from the MSCI US REIT Index. The additions to the MSCI US
REIT Index will be Broadstone Net Lease A and Netstreit.
MSCI China A Onshore Indexes: There will be 26 additions
to and 77 deletions from the MSCI China A Onshore Index. The three
largest additions to the MSCI China A Onshore Index will be Ningxia
Baofeng Energy A, Pharmaron Beijing A and Jiangsu Eastern A. There
will be 200 additions to and 213 deletions from the MSCI China A
Onshore Small Cap Index.
MSCI China All Shares Indexes: There will be 60 additions
to and 26 deletions from the MSCI China All Shares Index. The three
largest additions to the MSCI China All Shares Index will be
Ganfeng Lithium Co H, Ningxia Baofeng Energy A and Pharmaron
Beijing A. There will be 195 additions to and 275 deletions from
the MSCI China All Shares Small Cap Index.
-Ends-
About MSCI
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