Announcement for November 18, 2024 at 09:54 PM GMT

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

MSCI ANNOUNCES A CONSULTATION ON POTENTIAL ENHANCEMENTS TO THE MSCI MOMENTUM INDEXES METHODOLOGY AND MSCI MINIMUM VOLATILITY INDEXES METHODOLOGY

MSCI announced today the launch of a consultation with the investment community on potential enhancements to the MSCI Momentum Indexes methodology and MSCI Minimum Volatility Indexes methodology.

MSCI proposes the following enhancements to the MSCI Momentum Indexes methodology:
1. Rebalancing Frequency - Changing the rebalancing frequency from semi-annually to quarterly.
2. Turnover Mitigation - Balancing timely reflection of momentum factor exposure along with incremental turnover by applying one of the below turnover mitigation techniques:
     a. Half-way Turnover: Moving the weights only by half from the current weight to pro-forma weights for weight changes and additions.
     b. Fixed Absolute Turnover: Moving weights by a dynamic factor such that the one-way turnover is capped at a pre-determined level.

MSCI proposes the following enhancements to MSCI Minimum Volatility Indexes methodology:
1. Rebalancing Frequency - Changing the rebalancing frequency from semi-annually to quarterly while maintaining the annual turnover budget or an option with additional turnover budget.
2. Risk model data - Using the most recent available risk model data.

Details on the methodology proposals are available at: https://www.msci.com/index-consultations.

MSCI invites feedback on the methodology proposals from market participants on or before January 31, 2025, and will announce the results of the consultation on or before February 14, 2025.

To participate in the consultation, please provide your feedback through an online survey available on: http://www.msci.com/index-consultations/momentum_and_minvol_index_consult_Nov24
We value your feedback and questions.

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

                                     End of announcement.
                                     Further announcements may occur as needed.