Announcement for October 02, 2020 at 09:02 PM GMT

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

CLARIFICATION ON THE ELIGIBILITY OF CANADA LISTED INCOME TRUSTS AND MUTUAL FUND
CORPORATIONS

Based on further evaluation, MSCI has clarified the conditions for the
eligibility of Canada listed Income Trusts and Mutual Fund Corporations for the
MSCI Indexes in the MSCI Global Investable Market Indexes (GIMI) Methodology.

In particular, we clarify that the eligibility of the Income Trusts depends on
specific criteria related to the payment of non-refundable SIFT (Specified
Investment Flow-Through) tax by the companies. Similarly, the eligibility of
Mutual Fund Corporations is based on criteria related to the payment of
non-refundable corporate tax by the companies. For more details, please refer to
Appendix I: Equity Markets and Universe of the MSCI GIMI Methodology.

This enhanced methodology will be effective immediately and will be used for the
Equity Universe update as part of November 2020 Semi-Annual Index Review.

The updated methodology book is available at:
https://www.msci.com/index-methodology

THIS IS AN ANNOUNCEMENT FOR THE MSCI GLOBAL STANDARD INDEXES

                                     End of announcement.
                                     Further announcements may occur as needed.