Morningstar® Developed Markets Ex-North America Target Momentum Indexsm 18 June 2021
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Morningstar Indexes | Reconstitution Report Page 1 of 8 Morningstar® Developed Markets ex-North America Target Momentum IndexSM 18 June 2021 The index consists of liquid equities that display above-average return on equity. The indexes also emphasize stocks with increasing fiscal For More Information: earnings estimates and technical price momentum indicators. http://indexes.morningstar.com US: +1 312 384-3735 Europe: +44 20 3194 1082 Reconstituted Holdings Name Ticker Country Sector Rank (WAFFR) Weight (%) KUEHNE & NAGEL INTL AG-REG KNIN Switzerland Industrials 1 0.50 PostNL NV PNL Netherlands Industrials 2 0.50 Uponor Corporation UPONOR Finland Industrials 3 0.51 Smart Metering Systems PLC SMS United Kingdom Industrials 4 0.50 QT GROUP OYJ QTCOM Finland Technology 5 0.50 ASML Holding NV ASML Netherlands Technology 6 0.51 Vectura Group PLC VEC United Kingdom Healthcare 7 0.50 Lasertec Corp 6920 Japan Technology 8 0.52 Troax Group AB Class A TROAX Sweden Industrials 9 0.48 BayCurrent Consulting Inc 6532 Japan Technology 10 0.50 Sagax AB B Shares SAGA B Sweden Real Estate 11 0.50 Bilia AB A BILIa Sweden Consumer Cyclical 12 0.51 Mycronic AB MYCR Sweden Technology 13 0.49 Protector Forsikring ASA PROTCT Norway Financial Services 14 0.49 AP Moller - Maersk AS B MAERSK B Denmark Industrials 15 0.50 Polar Capital Holdings PLC POLR United Kingdom Financial Services 16 0.51 Secunet Security Networks AG YSN Germany Technology 17 0.50 Hermes Intl RMS France Consumer Cyclical 18 0.50 Kety KTY Poland Basic Materials 19 0.51 ASM Intl ASMI Netherlands Technology 20 0.51 Nippon Yusen KK 9101 Japan Industrials 21 0.54 Dexerials Corp. 4980 Japan Technology 22 0.49 Revenio Group Oyj REG1V Finland Healthcare 23 0.50 Verbio AG VBK Germany Utilities 24 0.48 Kesko Oyj B KESKOB Finland Consumer Defensive 25 0.50 Valmet VALMT Finland Industrials 26 0.49 HMS Networks AB HMSN Sweden Technology 27 0.51 Europris ASA EPR Norway Consumer Defensive 28 0.49 Harvia PLC Ordinary Shares HARVIA Finland Consumer Cyclical 29 0.51 Swissquote Group Holdings SA SQN Switzerland Financial Services 30 0.48 OMV AG OMV Austria Energy 31 0.50 Banca Farmafactoring SpA BFF Italy Financial Services 32 0.49 Cyber Agent Ltd 4751 Japan Communication Services 33 0.52 Ebara Corp 6361 Japan Industrials 34 0.49 Vitrolife AB VITR Sweden Healthcare 35 0.51 Polski Koncern Naftowy SA PKN Poland Energy 36 0.51 Kape Technologies PLC Shs KAPE United Kingdom Technology 37 0.50 Computacenter Plc CCC United Kingdom Technology 38 0.50 Aperam APAM Netherlands Basic Materials 39 0.50 Pandora A/S PNDORA Denmark Consumer Cyclical 40 0.51 Strabag SE STR Austria Industrials 41 0.52 Yamaha Motor Co 7272 Japan Consumer Cyclical 42 0.49 VTech Holdings Ltd. 00303 Hong Kong Technology 43 0.50 Clipper Logistics Plc CLG United Kingdom Industrials 44 0.51 Arjo AB ARJO B Sweden Healthcare 45 0.51 Getinge AB GETI B Sweden Healthcare 46 0.50 Gamma Communications Plc GAMA United Kingdom Communication Services 47 0.50 Chow Tai Fook Jewellery Group Ltd 01929 Hong Kong Consumer Cyclical 48 0.48 Atea ASA EME Norway Technology 49 0.49 Steico SE ST5 Germany Basic Materials 50 0.52 ©2021 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. Reproduction by any means is prohibited. While data contained in this report are gathered from reliable sources, accuracy and completeness cannot be guaranteed. The publisher does not give investment advice or act as an investment advisor. All data, information, and opinions are subject to change without notice. Morningstar Indexes | Reconstitution Report | 18 June 2021 Page 2 of 8 Morningstar® Developed Markets ex-North America Target Momentum IndexSM Reconstituted Holdings Name Ticker Country Sector Rank (WAFFR) Weight (%) Laboratorios Farmaceuticos Rovi SA ROVI Spain Healthcare 51 0.49 LVMH-Moet Vuitton MC France Consumer Cyclical 52 0.50 Bufab AB BUFAB Sweden Industrials 53 0.52 Royal Mail plc RMG United Kingdom Industrials 54 0.49 Partners Group Hldg PGHN Switzerland Financial Services 55 0.51 Impax Asset Management Group PLC IPX United Kingdom Financial Services 56 0.52 Ferrexpo PLC FXPO United Kingdom Basic Materials 57 0.51 Sonova Holding AG SOON Switzerland Healthcare 58 0.50 Oesterreichische Post AG POST Austria Industrials 59 0.51 Indivior Plc INDV United Kingdom Healthcare 60 0.51 Japfa Ltd UD2 Singapore Consumer Defensive 61 0.50 Thule Group AB THULE Sweden Consumer Cyclical 62 0.49 Daimler AG DAI Germany Consumer Cyclical 63 0.50 CMC Markets Plc CMCX United Kingdom Financial Services 64 0.48 Electrolux AB B ELUX B Sweden Technology 65 0.50 La Francaise des Jeux (FDJ) FDJ France Consumer Cyclical 66 0.51 VAT Group AG VACN Switzerland Industrials 67 0.52 Signify NV LIGHT Netherlands Industrials 68 0.49 Andritz AG ANDR Austria Industrials 69 0.50 SKANSKA AB-B SKA B Sweden Industrials 70 0.50 Kering KER France Consumer Cyclical 71 0.50 St James's Place STJ United Kingdom Financial Services 72 0.51 Evolution Gaming Group AB EVO Sweden Consumer Cyclical 73 0.49 SITC International Holdings Co Ltd 01308 Hong Kong Industrials 74 0.51 Azimut Holding SpA AZM Italy Financial Services 75 0.49 iFAST Corporation Ltd AIY Singapore Technology 76 0.49 Kawasaki Kisen Kaisha 9107 Japan Industrials 77 0.53 HelloFresh SE HFG Germany Consumer Cyclical 78 0.50 Evraz PLC EVR United Kingdom Basic Materials 79 0.51 Avanza Holding Bank AB AVANZ Sweden Financial Services 80 0.51 Interroll Holding AG Reg INRN Switzerland Industrials 81 0.51 Champion Iron Limited CIA Australia Basic Materials 82 0.51 Kongsberg Gruppen AS KOG Norway Industrials 83 0.49 Pinnacle Investment Management Group Limited PNI Australia Financial Services 84 0.52 JM AB JM Sweden Consumer Cyclical 85 0.48 Husqvarna AB B HUSQ B Sweden Industrials 86 0.49 Codan Limited CDA Australia Technology 87 0.50 Mediaset SpA MS Italy Communication Services 88 0.49 Poste Italiane Spa PST Italy Industrials 89 0.49 Shinko Electric Industries Co 6967 Japan Technology 90 0.52 IMI IMI United Kingdom Industrials 91 0.49 Ashtead Group AHT United Kingdom Industrials 92 0.49 Axfood AB AXFO Sweden Consumer Defensive 93 0.50 Safestore Holdings Ltd SAFE United Kingdom Real Estate 94 0.51 Platzer Fastigheter AB PLAZ B Sweden Real Estate 95 0.50 Mediaset Espana TL5 Spain Communication Services 96 0.48 Veidekke AS VEI Norway Industrials 97 0.50 ARB Corp Ltd ARB Australia Consumer Cyclical 98 0.50 Entra ASA ENTRA Norway Real Estate 99 0.52 Trigano TRIA France Consumer Cyclical 100 0.50 Tokmanni Group TOKMAN Finland Consumer Defensive 101 0.49 Just Group Plc JUST United Kingdom Financial Services 102 0.49 Moncler SpA MONC Italy Consumer Cyclical 103 0.49 Cewe Stiftung & Co KGAA CWC Germany Consumer Cyclical 104 0.50 Softcat Plc SCT United Kingdom Technology 105 0.50 ©2021 Morningstar, Inc. All rights reserved. Morningstar and the Morningstar logo are either trademarks or service marks of Morningstar, Inc. Reproduction by any means is prohibited. While data contained in this report are gathered from reliable sources, accuracy and completeness cannot be guaranteed. The publisher does not give investment advice or act as an investment advisor. All data, information, and opinions are subject to change without notice. Morningstar Indexes | Reconstitution Report | 18 June 2021 Page 3 of 8 Morningstar® Developed Markets ex-North America Target Momentum IndexSM Reconstituted Holdings Name Ticker Country Sector Rank (WAFFR) Weight (%) Kindred Group KIND SDB Sweden Consumer Cyclical 106 0.49 CIE Automotive SA CIEA Spain Consumer Cyclical 107 0.52 Sesa Spa SES Italy Technology 108 0.50 Verallia VRLA France Consumer Cyclical 109 0.52 Flow Traders FLOW Netherlands Financial Services 110 0.49 Advantest Corp 6857 Japan Technology 111 0.51 Kinnevik Investment AB B KINV B Sweden Financial Services 112 0.52 flatexDEGIRO AG FTK Germany Financial Services 113 0.52 Koei Tecmo Holdings Co Ltd 3635 Japan Communication Services 114 0.51 Mitsui OSK Lines Ltd 9104 Japan Industrials 115 0.53 SBS Holdings Inc. 2384 Japan Industrials 116 0.50 Zozo Inc 3092 Japan Consumer Cyclical 117 0.47 Lifco AB LIFCO B Sweden Industrials 118 0.50 Befesa SA BFSA Germany Industrials 119 0.51 Mineral Resources MIN Australia Basic Materials 120 0.51 IG Group Holdings IGG United Kingdom Financial Services 121 0.50 Outsourcing Inc. 2427 Japan Industrials 122 0.53 Demant DEMANT Denmark Healthcare 123 0.50 Mainfreight Limited MFT New Zealand Industrials 124 0.48 Sumitomo Chemical Co 4005 Japan Basic Materials 125 0.49 TAG Immobilien AG TEG Germany Real Estate 126 0.50 Covestro AG 1COV Germany Basic Materials 127 0.49 Comet Holding AG COTN Switzerland Technology 128 0.51 Geberit AG Reg GEBN Switzerland Industrials 129 0.50 IntegraFin Holdings PLC IHP United Kingdom Financial Services 130 0.50 Metsa Board OYJ B METSB Finland Basic Materials 131 0.50 Games Workshop Group GAW United Kingdom Consumer Cyclical 132 0.50 M&G; Plc MNG United Kingdom Financial Services 133 0.50 Boliden AB BOL Sweden Basic Materials 134 0.49 Close Brothers Group CBG United Kingdom Financial Services 135 0.51 Admiral Group ADM United Kingdom Financial Services 136 0.51 UBS Group AG UBSG Switzerland Financial Services 137 0.50 Novo Nordisk AS B NOVO B Denmark Healthcare 138 0.51 Nintendo Co Ltd 7974 Japan Communication Services 139 0.48 Singapore Exchange Ltd S68 Singapore Financial Services 140 0.51 BE Semiconductor NV BESI Netherlands Technology 141 0.49 Sandfire Resources Ltd SFR Australia Basic Materials 142 0.51 Summerset Group Holdings Ltd SUM New Zealand Healthcare 143 0.51 ALSO Holding AG ALSN Switzerland Technology 144 0.50 VOESTALPINE AG VOE Austria Basic Materials 145 0.51 Super Retail Group Ltd SUL Australia Consumer Cyclical 146 0.49 RTL Group RRTL Germany Communication Services 147 0.50 Tokyo Electron 8035 Japan Technology 148 0.52 JD Sports Fashion Plc JD.