Geneva, November 10, 2020
MSCI GLOBAL SMALL CAP INDEXES
The following are changes in constituents for the MSCI Global Small Cap Indexes which will take place as of the close of November 30, 2020.
SUMMARY PER COUNTRY and PER REGION:
Nb of Nb of Securities Securities Region Country Added Deleted
Asia Pacific AUSTRALIA 15 5 JAPAN 50 50 HONG KONG 9 12 SINGAPORE 3 5 MALAYSIA 12 2 INDONESIA 5 4 PHILIPPINES 2 1 TAIWAN 25 2 KOREA 32 8 THAILAND 9 2 INDIA 30 8 CHINA 36 18
Nb of Nb of Securities Securities Region Country Added Deleted
Europe, Middle East and Africa GREECE 2 1 UNITED ARAB EMIRATES1 2 BELGIUM 2 1 SWITZERLAND 2 2 DENMARK 1 1 SPAIN 3 0 FRANCE 8 9 GERMANY 10 4 NETHERLANDS 4 0 ITALY 3 3 NORWAY 2 1 AUSTRIA 1 1 SWEDEN 14 1 UNITED KINGDOM 17 8 FINLAND 3 1 TURKEY 12 0 ISRAEL 16 1 KUWAIT 14 0 SOUTH AFRICA 3 2 POLAND 4 1 CZECH REPUBLIC 1 0 RUSSIA 1 0 EGYPT 0 1 SAUDI ARABIA 5 0
Nb of Nb of Securities Securities Region Country Added Deleted
Americas USA 104 55 CANADA 18 10 MEXICO 1 1 CHILE 2 0 BRAZIL 6 2 PERU 1 0 ARGENTINA 0 4
ASIA PACIFIC
Page 1 MSCI Global Small Cap Indexes - November 10, 2020 © MSCI 2020, All rights reserved MSCI AUSTRALIA INDEX Additions Deletions ALKANE RESOURCES AVITA THERAPEUTICS CDI BELLEVUE GOLD ESTIA HEALTH CENTURIA CAPITAL REGIS HEALTHCARE CHALICE GOLD MINES TUAS GROUP CODAN VILLAGE ROADSHOW DE GREY MINING ELECTRO OPTIC SYS HLDGS HOME CONSORTIUM NICK SCALI NICKEL MINES POINTSBET HOLDINGS REDBUBBLE SEALINK TRAVEL GROUP LTD TEMPLE & WEBSTER GROUP WEST AFRICAN RESOURCES
MSCI JAPAN INDEX Additions Deletions AOZORA BANK ACHILLES CORP BASE AISAN INDUSTRY CO BENESSE HOLDINGS AKITA BANK (THE) BUSHIROAD AOYAMA TRADING CO CELLSOURCE ASAHI DIAMOND INDL CO DAICEL CORP AZBIL CORP EDULAB BANDO CHEMICAL IND ELECTRIC POWER DEV CAPCOM CO FUJI MEDIA HOLDINGS CHIYODA INTEGRE CO GA TECHNOLOGIES CMIC HOLDINGS CO HENNGE CMK CORP INAGEYA CO CORONA CORP ISETAN MITSUKOSHI HLDGS DAIDO METAL CO ITMEDIA INC DAISYO CORP JAPAN PRIME REALTY INV HARMONIC DRIVE SYSTEMS JGC HOLDINGS CORP HISAKA WORKS JTEKT CORP IBIDEN CO KAMIGUMI CO ISHIHARA SANGYO KAISHA KAONAVI J TRUST CO KAWASAKI HEAVY IND JAPAN TISSUE ENGINEERING KFC HOLDINGS JAPAN JVC KENWOOD CORP KOJIMA CO KENKO MAYONNAISE CO LIFENET INSURANCE CO KNT-CT HOLDINGS CO MAKUAKE KOEI TECMO HOLDINGS CO MARUICHI STEEL TUBE KOURAKUEN HOLDINGS CORP MEBUKI FINANCIAL GROUP KROSAKI HARIMA CORP MEDPEER MACROMILL MITSUBISHI MATERIALS MEIKO NETWORK JAPAN CO MITSUBISHI MOTORS CORP MITSUI E&S HOLDINGS CO MODALIS THERAPEUTICS NETUREN CO NAFCO CO NIPPON BEET SUGAR MFG CO NIKON CORP NIPPON THOMPSON NIPPON TELEVISION HLDGS NISSIN CORP OSAKA ORGANIC CHEM IND OSAKI ELECTRIC CO PARK24 CO OSJB HOLDINGS CORP PHARMA FOODS INTL RHEON AUTOMATIC MACH PR TIMES RIKEN CORP PRORED PARTNERS SANKYO TATEYAMA HOLDINGS SAIBU GAS CO SEC CARBON SEVEN BANK SEKISUI KASEI CO SHINNIHONSEIYAKU SHINDENGEN ELECTRIC SHOWA DENKO K.K TEKKEN CORP SRE HOLDINGS TOPY INDUSTRIES SUMITOMO HEAVY IND TOWA BANK SUMITOMO RUBBER IND TSI HOLDINGS CO SURALA NET WARABEYA NICHIYO HLDGS TERRASKY CO YAMADA CONSULTING GROUP V CUBE YAMANASHI CHUO BANK(THE) VALUENCE HOLDINGS YOROZU CORP YOKOHAMA RUBBER CO YUSHIN PRECISION EQUIP
MSCI HONG KONG INDEX
Page 2 MSCI Global Small Cap Indexes - November 10, 2020 © MSCI 2020, All rights reserved Additions Deletions ATLAS CORP (HK) AUSNUTRIA DAIRY (HK) CK LIFE SCIENCES INTL CSI PROPERTIES COWELL E HOLDINGS CSTONE PHARMACEUTICALS FUTU HOLDINGS A ADR DTXS SILK ROAD INV HLDGS IGG (HK) FAIRWOOD HOLDINGS KERRY PROPERTIES FIH MOBILE MGM CHINA HOLDINGS GIORDANO INTERNATIONAL REALORD GROUP HLDGS (HK) MANDARIN ORIENTAL (USD) TEXHONG TEXTILE GRP (HK) MINTH GROUP (HK) REGAL HOTELS INTL TK GROUP HOLDINGS XINYI GLASS HOLDING CO
MSCI SINGAPORE INDEX Additions Deletions AEM HOLDINGS CHIP ENG SENG MEDTECS INTL CORP FIRST REIT YANGZIJIANG SHIPBUILD LIPPO MALLS INDONESIA SABANA SHARIAH INDL REIT SIIC ENVIRONMENT HLDGS
MSCI MALAYSIA INDEX Additions Deletions ASTRO MALAYSIA HOLDINGS AEON CAREPLUS GROUP ECO WORLD DEV GRP CARLSBERG BREWERY COMFORT GLOVES DUFU TECH DUOPHARMA BIOTECH FOCUS DYNAMICS GROUP GREATECH TECHNOLOGY MI TECHNOVATION UNISEM (MALAYSIA) UWC YTL POWER INTL
MSCI INDONESIA INDEX Additions Deletions BANK BRISYARIAH MATAHARI DEPARTMENT METRO HEALTHCARE INDO PELAYARAN TAMARIN SMARTFREN TELECOM RAMAYANA LESTARI SENTOSA TIMAH SAWIT SUMBERMAS TBK XL AXIATA TBK
MSCI PHILIPPINES INDEX Additions Deletions AC ENERGY PHILIPPINES PILIPINAS SHELL PETRO ROBINSONS LAND CORP
MSCI TAIWAN INDEX Additions Deletions ADIMMUNE ONENESS BIOTECH ALPHA NETWORKS UNIMICRON TECHNOLOGY AP MEMORY TECH APEX INTERNATIONAL CHUNG HSIN ELEC & MACH DYACO INTERNATIONAL EVA AIRWAYS CORP FORMOSA TAFFETA CO FORTUNE ELECTRIC CO GLOBAL MIXED-MODE TECH GUDENG PRECISION INDL KUOYANG CONSTRUCTION MEDIGEN VACCINE MICROBIO CO MOTECH INDUSTRIES PEGAVISION SENSORTEK TECHNOLOGY SOLAR APPLIED MATRLS
Page 3 MSCI Global Small Cap Indexes - November 10, 2020 © MSCI 2020, All rights reserved SPEED TECH CORP SUNREX TECHNOLOGY CORP SWANCOR HOLDING CO TOPKEY CORP TSEC CORP UNIVERSAL CEMENT UNIVERSAL VISION BIOTECH
MSCI KOREA INDEX Additions Deletions ACE TECHNOLOGIES AK HOLDINGS APROGEN PHARMACEUTICALS DAEDUCK CO BIONEER DAEKYO CO BNK FINANCIAL GROUP DOOSAN HEAVY INDUSTRIES CAREGEN KISWIRE DAEJOO ELECTRONIC MATRLS LG HELLOVISION DAWONSYS SK CHEMICALS (NEW) DONGWHA PHARM CO STCUBE DREAMTECH ENF TECHNOLOGY CO EUBIOLOGICS EUGENE TECHNOLOGY CO HANJIN HEAVY INDUSTRIES HYOSUNG HEAVY INDUSTRIES JETEMA JR GLOBAL REIT KPM TECH NEOWIZ POSCO INTERNATIONAL RSUPPORT S MAC S&S TECH SAMKANG M&T SANG A FLONTEC SEOUL VIOSYS SHINSUNG E&G CO SIMM TECH CO (NEW) SOLID TAIHAN ELECTRIC WIRE CO TESNA UNISON CO UNITEST INC
MSCI THAILAND INDEX Additions Deletions BANPU POWER STP & I PUBLIC CO ICHITAN GROUP THAI AIRWAYS INTL IRPC PUBLIC COMPANY JAYMART MK RESTAURANTS GROUP R&B FOOD SUPPLY THAIFOODS GROUP TISCO FINANCIAL GROUP VGI
MSCI INDIA INDEX Additions Deletions 3M INDIA ADANI ENTERPRISES AARTI DRUGS APOLLO HOSPITALS ADANI GAS BALKRISHNA INDUSTRIES ADITYA BIRLA CAPITAL FUTURE LIFESTYLE FASHION ADVANCED ENZYME TECH GE POWER INDIA AFFLE (INDIA) MOIL ALKYL AMINES CHEMICALS PI INDUSTRIES ASTER DM HEALTHCARE TCNS CLOTHING BIRLASOFT BOMBAY BURMAH TRADING CASTROL INDIA CENTRAL DEPOSITORY CYIENT FINE ORGANIC INDUSTRIES FIRSTSOURCE SOLUTIONS
Page 4 MSCI Global Small Cap Indexes - November 10, 2020 © MSCI 2020, All rights reserved GARWARE TECHNICAL FIBRES INFIBEAM AVENUES IOL CHEMICALS AND PHARMA L AND T FINANCE HOLDINGS LIC HOUSING FINANCE MAS FINANCIAL SERVICES MINDSPACE BUSINESS REIT NARAYANA HRUDAYALAYA RATNAMANI METALS & TUBES SONATA SOFTWARE TANLA SOLUTIONS THYROCARE TECHNOLOGIES VAIBHAV GLOBAL ZENSAR TECHNOLOGIES ZYDUS WELLNESS
MSCI CHINA INDEX Additions Deletions BEIJING ENT URBN RES GRP ATLAS CORP BEST INC A ADR CHINA MEIDONG AUTO HLDG BEYONDSPRING CHINA METAL RESOURCES CATHAY MEDIA & EDU GRP CHINA YOUZAN (CN) CENTRAL CHINA NEW LIFE FULLSHARE HOLDINGS (CN) CHANGSHA BROAD HOMES H GR PROPERTIES (CN) CHINA ISOTOPE H HAICHANG OCEAN PARK HLDG CHINA ONLINE EDU GRP ADR HEBEI CONSTRUCTION GRP H CHINA TOBACCO INTL HK HKC HOLDINGS CMGE TECHNOLOGY HONG KONG FIN INV (CN) CSTONE PHARMA(CN) IGG (CN) DIFFER GROUP HOLDING LIFESTYLE CHINA GROUP EASTERN COMMU. B NOVA GROUP HOLDINGS (CN) EBANG INTL HOLDINGS A REALORD GROUP HLDGS (CN) EDVANTAGE GROUP HOLDINGS SHIRBLE DEPARTMENT STORE FIH MOBILE (CN) TEXHONG TEXTILE GROUP FIRST TRACTOR CO H TRULY INTL HOLDINGS (CN) GANGLONG CHINA PPTY GRP YADEA GROUP HOLDINGS GENETRON HLDGS ADR GREATVIEW ASEPTIC (CN) GREENTOWN MGMT HLDGS ICLICK INTERACTIVE A ADR IMMUNOTECH BIOPHARM INNER MONGOLIA YITAI B INNOCARE PHARMA LEXINFINTECH HLDG A ADR PUXIN SHANGHAI INDL HOLDINGS SICHUAN EXPRESSWAY CO H SICHUAN XINHUA WINSHAR H SINO OCEAN GROUP HOLDING SINOPEC ENG GROUP CO H SO YOUNG INTL A ADR SOHO CHINA XD (CN) YUZHOU GROUP HOLDINGS CO
EUROPE, MIDDLE EAST AND AFRICA
MSCI GREECE INDEX Additions Deletions HELLENIC PETROLEUM HELLENIC EXCHANGES MOTOR OIL HELLAS
MSCI UNITED ARAB EMIRATES INDEX Additions Deletions ARAMEX COMPANY DEYAAR DEVELOPMENT DXB ENTERTAINMENTS
MSCI BELGIUM INDEX Additions Deletions TELENET EXMAR XIOR STUDENT HOUSING
Page 5 MSCI Global Small Cap Indexes - November 10, 2020 © MSCI 2020, All rights reserved MSCI SWITZERLAND INDEX Additions Deletions MEYER BURGER TECHNOLOGY ORASCOM DEV HLDG INH RELIEF THERAPEUTICS HLDG VP BANK NAMEN A
MSCI DENMARK INDEX Additions Deletions BRODRENE HARTMANN ROCKWOOL INTERNATIONAL B
MSCI SPAIN INDEX Additions Deletions BANKINTER None MAPFRE SOLARPACK CORP TECH
MSCI FRANCE INDEX Additions Deletions ICADE DBV TECHNOLOGIES JC DECAUX INTERNATIONAL EUROPCAR MOBILITY MCPHY ENERGY GENFIT NACON GL EVENTS NEOEN JACQUET METALS NOVACYT MAUREL ET PROM PHARMAGEST INTERACTIVE OENEO VALNEVA RALLYE VALLOUREC
MSCI GERMANY INDEX Additions Deletions ADESSO BECHTLE ALLGEIER HOLDING HELLOFRESH EXASOL LEONI FRAPORT RATIONAL HOME24 MEDIOS METRO STAMM (NEW) THYSSEN KRUPP WESTWING GROUP ZEAL NETWORK
MSCI NETHERLANDS INDEX Additions Deletions AERCAP HOLDINGS NV None CM COM SLIGRO FOOD GROUP VAN LANSCHOT KEMPEN
MSCI ITALY INDEX Additions Deletions GVS AMPLIFON LEONARDO CAIRO COMMUNICATIONS PIRELLI DEA CAPITAL
MSCI NORWAY INDEX Additions Deletions PEXIP HOLDING NORWEGIAN AIR SHUTTLE XXL
MSCI AUSTRIA INDEX Additions Deletions ANDRITZ KAPSCH TRAFFICCOM
MSCI SWEDEN INDEX Additions Deletions
Page 6 MSCI Global Small Cap Indexes - November 10, 2020 © MSCI 2020, All rights reserved BACTIGUARD HOLDING B FASTIGHETS AB BALDER B BETTER COLLECTIVE BHG GROUP BONESUPPORT HOLDING CALLIDITAS THERAPEUTICS CANTARGIA GARO IMMUNOVIA INVISIO KNOW IT AB LIME TECHNOLOGIES PLATZER FASTIGHETER B SDIPTECH B SVOLDER B
MSCI UNITED KINGDOM INDEX Additions Deletions AIRTEL AFRICA ANGLO PACIFIC GROUP ALPHA FX GROUP HURRICANE ENERGY AVACTA GROUP HYVE GROUP AVON RUBBER PHOENIX GROUP HOLDINGS BREEDON GROUP SAGA CLIPPER LOGISTICS SCHRODER REAL ESTATE INV CONTOURGLOBAL STD LIFE INV PPTY DRAPER ESPRIT STOBART GROUP ENERGEAN ERGOMED EURASIA MINING GREATLAND GOLD IP GROUP LIONTRUST ASSET MGMT S4 CAPITAL TBC BANK GROUP TEAM17 GROUP
MSCI FINLAND INDEX Additions Deletions ADMICOM KESKO B KOJAMO REVENIO GROUP OYJ
MSCI TURKEY INDEX Additions Deletions ANADOLU EFES BIRACILIK None ANADOLU SIGORTA BERA HOLDING FENERBAHCE FUTBOL GUBRE FABRIKALARI TAS IS YATIRIM MENKUL DEGERL IZMIR DEMIR CELIK SANAYI NUH CIMENTO OYAK CIMENTO FABRIKALARI TOFAS TURK OTOMOBIL FAB. TURK TRAKTOR TURKIYE HALK BANKASI
MSCI ISRAEL INDEX Additions Deletions ALTSHULER SHAHAM NORSTAR HOLDINGS ARAD INV & INDL DEV ARKO HOLDINGS CAMTEK DANEL (ADIR YEOSHUA) DORAL GRP RENEWABLE ENER ELECTRA CONSUMER PRODUCT ELECTREON WIRELESS FOX WIZEL ISRAS INVESTMENT COMPANY M.YOCHANANOF AND SONS MAGIC SOFTWARE ENT NANO-X IMAGING
Page 7 MSCI Global Small Cap Indexes - November 10, 2020 © MSCI 2020, All rights reserved ONE SOFTWARE TECHNOLOGY TADIRAN HOLDINGS TARO PHARMACEUTICAL
MSCI KUWAIT INDEX Additions Deletions AL AHLI BANK OF KUWAIT None AL-QURAIN PETROCHEMICALS ALIMTIAZ INVESTMENT CO BOUBYAN PETROCHEMICALS GULF CABLE & ELECT IND HUMAN SOFT HOLDING INTEGRATED HOLDING JAZEERA AIRWAYS KUWAIT INTERNATIONAL BK KUWAIT PROJECTS CO HLDGS NATIONAL IND GRP HOLDING NATIONAL REAL ESTATE CO SHAMAL AZ-ZOUR AL-OULA WARBA BANK
MSCI SOUTH AFRICA INDEX Additions Deletions LIFE HEALTHCARE GROUP AFRICAN RAINBOW MINERALS MOMENTUM METROPOL HLDGS ATTACQ SANTAM
MSCI POLAND INDEX Additions Deletions LOTOS GROUP FAMUR MBANK MERCATOR MEDICAL PLAYWAY
MSCI CZECH REPUBLIC INDEX Additions Deletions MORRIS (PHILIP) None
MSCI RUSSIA INDEX Additions Deletions ROS AGRO (RUB) None
MSCI EGYPT INDEX Additions Deletions None ORIENTAL WEAVERS CO
MSCI SAUDI ARABIA INDEX Additions Deletions ALUJAIN HOLDING None AMLAK INTL REAL ESTATE HALWANI BROS CO SAUDI FISHERIES SAUDI INDUSTRIAL SERVICE
AMERICAS
MSCI USA INDEX Additions Deletions ACCOLADE AMERICAN OUTDOOR BRANDS ACUTUS MEDICAL ASTRONICS CORP AKOUOS ATLANTIC CAPITAL BANCSHS ALBIREO PHARMA CARVANA A ALLOVIR INC CATO CORP (THE) A ALPHATEC HOLDINGS CERIDIAN HCM HOLDING ALX ONCOLOGY HLDGS CNB FINANCIAL CORP ANNEXON CORBUS PHARMACEUTICALS API GROUP DIAMOND S SHIPPING
Page 8 MSCI Global Small Cap Indexes - November 10, 2020 © MSCI 2020, All rights reserved APPLIED MOLECULAR TRANS ENPHASE ENERGY AT HOME GROUP EQUITY BANCSHARES AVIDITY BIOSCIENCES ETSY AZEK A EZCORP BIGCOMMERCE HOLDINGS 1 FINANCIAL INSTITUTIONS BIOLIFE SOLUTIONS FRANKLIN COVEY CO BRISTOW GROUP INC GENERAC HOLDINGS BRP GROUP A GLOBAL INDEMNITY CARPARTS.COM GREENLIGHT CAPITAL A CDK GLOBAL HOLDINGS GULFPORT ENERGY CORP CELLDEX THERAPEUTICS HANMI FINANCIAL CORP CELSIUS HLDGS HAYNES INTERNATIONAL CIRCOR INTERNATIONAL HOMETRUST BANCSHARES COLLECTORS UNIVERSE HORIZON THERAPEUTICS PLC COMERICA HUBSPOT CYMABAY THERAPEUTICS IMMUNOMEDICS DIAMONDBACK ENERGY KORU MEDICAL SYSTEMS DIGI INTERNATIONAL LANNETT CO DULUTH HOLDINGS B LIBERTY TRIPADVISOR A EAST WEST BANCORP LIVONGO HEALTH EASTMAN KODAK MARCUS CORP (THE) EGAIN CORPORATION MATRIX SERVICE CO FEDERAL REALTY INV TRUST MONOLITHIC POWER SYSTEMS FLIR SYSTEMS MYOKARDIA FLUIDIGM NATIONAL CINEMEDIA FORMA THERAPEUTICS HLDGS NORTHERN OIL AND GAS FRANCHISE GROUP NOVOCURE FREQUENCY THERAPEUTICS NVE CORP FUELCELL ENERGY PARK ELECTROCHEMICAL FULGENT GENETICS PAYSIGN GENERATION BIO PDL BIOPHARMA GOGO INC PEABODY ENERGY GOHEALTH A POOL CORP GREEN PLAINS POWELL INDUSTRIES GROWGENERATION CORP PREFERRED APT CMNTY HYATT HOTELS A RATTLER MIDSTREAM INARI MEDICAL REGIS CORP INGREDION INC SECUREWORKS A INHIBRX SOLAREDGE TECHNOLOGIES ITEOS THERAPEUTICS TELLURIAN IVERIC BIO UNITED INSURANCE HLDGS JONES LANG LASALLE VERASTEM KEROS THERAPEUTICS VERSO NEW KOPPERS HOLDINGS INC W&T OFFSHORE KYMERA THERAPEUTICS WHITESTONE REIT LEMONADE ZENDESK LOVESAC LUMBER LIQUIDATORS MONTROSE ENV GROUP MORPHIC HOLDING NANTKWEST NATIONAL OILWELL VARCO NATIONAL RETAIL PPTYS NAUTILUS NIELSEN HOLDINGS PLC NIKOLA NKARTA NURIX THERAPEUTICS OCULAR THERAPEUTIX OPEN LENDING ORIC PHARMACEUTICALS PACIFIC ETHANOL INC PAR TECHNOLOGY CORP PEOPLES UNITED FINANCIAL PERSONALIS PLIANT THERAPEUTICS PROTAGONIST THERAPEUTICS PURPLE INNOVATION A RACKSPACE TECHNOLOGY RALPH LAUREN CORP A RAPT THERAPEUTICS RELAY THERAPEUTICS REPARE THERAPEUTICS ROCKET COMPANIES A SELECTQUOTE
Page 9 MSCI Global Small Cap Indexes - November 10, 2020 © MSCI 2020, All rights reserved SERES THERAPEUTICS SHIFT4 PAYMENTS A SIGNATURE BANK SITIME SPORTSMANS WAREHOUSE SYNDAX PHARMACEUTICALS TCR2 THERAPEUTICS TUPPERWARE BRANDS UTZ BRANDS A VAXART VAXCYTE VBI VACCINES (US) VERTEX A VITAL FARMS VROOM WORKHOUSE GROUP XPEL ZENTALIS PHARMACEUTICALS ZIONS BANCORP ZOOMINFO TECH A
MSCI CANADA INDEX Additions Deletions ABSOLUTE SOFTWARE ALARIS ROYALTY CORP ARGONAUT GOLD BELLUS HEALTH BROOKFIELD INFRA A (CA) CANFOR PULP PRODUCTS CALIBRE MINING FIRSTSERVICE CORP(NEW) CRONOS GROUP (CA) FRONTERA ENERGY CORP DOCEBO MORGUARD REIT DYE & DURHAM NORTHLAND POWER FIRST CAPITAL REIT TERVITA GDI INTEGRATED FACILITY TOROMONT INDUSTRIES MAVERIX METALS TRANSAT A.T. NEW PACIFIC METALS CORP ORLA MINING ROXGOLD SMARTCENTRES REIT SUNOPTA TRILLIUM THERAPEUTICS TRISURA GROUP WELL HEALTH TECHNOLOGIES
MSCI MEXICO INDEX Additions Deletions TENEDORA NEMAK TELESITES B1
MSCI CHILE INDEX Additions Deletions AGUAS ANDINAS None ENTEL
MSCI BRAZIL INDEX Additions Deletions AMBIPAR PARTI E EMPR ON BRADESPAR PN CIELO ON TOTVS ON COGNA EDUCACAO ON IRB BRASIL RESSEGUROS ON LOJAS QUERO-QUERO SOMA GRP MODA
MSCI PERU INDEX Additions Deletions INTERCORP FINANCIAL (US) None
MSCI ARGENTINA INDEX Additions Deletions None CORPORACION AM AIRPORTS EDENOR B ADR GRUPO SUPERVIELLE B ADR
Page 10 MSCI Global Small Cap Indexes - November 10, 2020 © MSCI 2020, All rights reserved IRSA ADR
Page 11 MSCI Global Small Cap Indexes - November 10, 2020 © MSCI 2020, All rights reserved Notice and Disclaimer
• This document and all of the information contained in it, including without limitation all text, data, graphs, charts (collectively, the “Information”) is the property of MSCI Inc. or its subsidiaries (collectively, “MSCI”), or MSCI’s licensors, direct or indirect suppliers or any third party involved in making or compiling any Information (collectively, with MSCI, the “Information Providers”) and is provided for informational purposes only. The Information may not be modified, reverse-engineered, reproduced or redisseminated in whole or in part without prior written permission from MSCI.
• The Information may not be used to create derivative works or to verify or correct other data or information. For example (but without limitation), the Information may not be used to create indexes, databases, risk models, analytics, software, or in connection with the issuing, offering, sponsoring, managing or marketing of any securities, portfolios, financial products or other investment vehicles utilizing or based on, linked to, tracking or otherwise derived from the Information or any other MSCI data, information, products or services.
• The user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. NONE OF THE INFORMATION PROVIDERS MAKES ANY EXPRESS OR IMPLIED WARRANTIES OR REPRESENTATIONS WITH RESPECT TO THE INFORMATION (OR THE RESULTS TO BE OBTAINED BY THE USE THEREOF), AND TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, EACH INFORMATION PROVIDER EXPRESSLY DISCLAIMS ALL IMPLIED WARRANTIES (INCLUDING, WITHOUT LIMITATION, ANY IMPLIED WARRANTIES OF ORIGINALITY, ACCURACY, TIMELINESS, NON- INFRINGEMENT, COMPLETENESS, MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE) WITH RESPECT TO ANY OF THE INFORMATION.
• Without limiting any of the foregoing and to the maximum extent permitted by applicable law, in no event shall any Information Provider have any liability regarding any of the Information for any direct, indirect, special, punitive, consequential (including lost profits) or any other damages even if notified of the possibility of such damages. The foregoing shall not exclude or limit any liability that may not by applicable law be excluded or limited, including without limitation (as applicable), any liability for death or personal injury to the extent that such injury results from the negligence or willful default of itself, its servants, agents or sub-contractors.
• Information containing any historical information, data or analysis should not be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. Past performance does not guarantee future results.
• The Information should not be relied on and is not a substitute for the skill, judgment and experience of the user, its management, employees, advisors and/or clients when making investment and other business decisions. All Information is impersonal and not tailored to the needs of any person, entity or group of persons.
• None of the Information constitutes an offer to sell (or a solicitation of an offer to buy), any security, financial product or other investment vehicle or any trading strategy.
• It is not possible to invest directly in an index. Exposure to an asset class or trading strategy or other category represented by an index is only available through third party investable instruments (if any) based on that index. MSCI does not issue, sponsor, endorse, market, offer, review or otherwise express any opinion regarding any fund, ETF, derivative or other security, investment, financial product or trading strategy that is based on, linked to or seeks to provide an investment return related to the performance of any MSCI index (collectively, “Index Linked Investments”). MSCI makes no assurance that any Index Linked Investments will accurately track index performance or provide positive investment returns. MSCI Inc. is not an investment adviser or fiduciary and MSCI makes no representation regarding the advisability of investing in any Index Linked Investments.
• Index returns do not represent the results of actual trading of investible assets/securities. MSCI maintains and calculates indexes, but does not manage actual assets. Index returns do not reflect payment of any sales charges or fees an investor may pay to purchase the securities underlying the index or Index Linked Investments. The imposition of these fees and charges would cause the performance of an Index Linked Investment to be different than the MSCI index performance.
• The Information may contain back tested data. Back-tested performance is not actual performance, but is hypothetical. There are frequently material differences between back tested performance results and actual results subsequently achieved by any investment strategy.
• Constituents of MSCI equity indexes are listed companies, which are included in or excluded from the indexes according to the application of the relevant index methodologies. Accordingly, constituents in MSCI equity indexes may include MSCI Inc., clients of MSCI or suppliers to MSCI. Inclusion of a security within an MSCI index is not a recommendation by MSCI to buy, sell, or hold such security, nor is it considered to be investment advice.
• Data and information produced by various affiliates of MSCI Inc., including MSCI ESG Research Inc. and Barra LLC, may be used in calculating certain MSCI indexes. More information can be found in the relevant index methodologies on www.msci.com.
• MSCI receives compensation in connection with licensing its indexes to third parties. MSCI Inc.’s revenue includes fees based on assets in Index Linked Investments. Information can be found in MSCI Inc.’s company filings on the Investor Relations section of www.msci.com.
• MSCI ESG Research Inc. is a Registered Investment Adviser under the Investment Advisers Act of 1940 and a subsidiary of MSCI Inc. Except with respect to any applicable products or services from MSCI ESG Research, neither MSCI nor any of its products or services recommends, endorses, approves or otherwise expresses any opinion regarding any issuer, securities, financial products or instruments or trading strategies and MSCI’s products or services are not intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Issuers mentioned or included in any MSCI ESG Research materials may include MSCI Inc., clients of MSCI or suppliers to MSCI, and may also purchase research or other products or services from MSCI ESG Research. MSCI ESG Research materials, including materials utilized in any MSCI ESG Indexes or other products, have not been submitted to, nor received approval from, the United States Securities and Exchange Commission or any other regulatory body.
• Any use of or access to products, services or information of MSCI requires a license from MSCI. MSCI, Barra, RiskMetrics, IPD, FEA, InvestorForce, and other MSCI brands and product names are the trademarks, service marks, or registered trademarks of MSCI or its subsidiaries in the United States and other jurisdictions. The Global Industry Classification Standard (GICS) was developed by and is the exclusive property of MSCI and Standard & Poor’s. “Global Industry Classification Standard (GICS)” is a service mark of MSCI and Standard & Poor’s.
© 2020 MSCI. All rights reserved.
About MSCI
For more than four decades, MSCI (NYSE: MSCI) has helped global investors build and manage better portfolios. Our research-based tools and services provide our clients with deeper insights into drivers of risk and performance, broad asset class coverage and innovative ways to bring investment strategies to market. Our offerings include indexes, data, analytical models, regulatory reporting and ESG research. MSCI’s clients include 95 of the world’s 100 largest money managers, as ranked by P&I. For more information, visit us at www.msci.com.
Page 12 MSCI Global Small Cap Indexes - November 10, 2020 © MSCI 2020, All rights reserved