| The MSCI 10/40 Equity Indices are derived from
MSCI Standard, Value/Growth and Small Cap Equity Indices. MSCI's proprietary 10/40 Equity Index Methodology is based on extensive simulations and client consultations. Key features and benefits of MSCI's 10/40 Index Methodology include: |
For more information, please click here for a product fact sheet, or click here to download the MSCI 10/40 Index Methodology. |
| MSCI 10/40 Equity Index - Performance of Select Indices |
| Performance to December 31,
2003 (Price Index in USD) |
 |
4 yrs | |
2 yrs | |
1 yr | |
Volatility* | |
Tracking error |
||||
| MSCI World Healthcare 10/40 Index | |
10% |
|
-3% |
|
19% |
|
17.96% |
|
|||||
| MSCI World Healthcare Index | |
-3% |
|
-4% |
|
18% |
|
18.34% |
|
|||||
| Differential | |
13% |
|
1% |
|
2% |
|
-0.38% |
|
1.26% |
||||
|
|
|
|
|
|
|
|
|
|
|
||||
| MSCI World Telecommunication 10/40 Index | |
-61% |
|
-10% |
|
27% |
|
24.83% |
|
|||||
| MSCI World Telecommunication Index | |
-63% |
|
-15% |
|
23% |
|
25.55% |
|
|||||
| Differential | |
2% |
|
5% |
|
4% |
|
-0.72% |
|
3.77% |
||||
|
|
|
|
|
|
|
|
|
|
|
||||
| MSCI World IT 10/40 Index | |
-62% |
|
-8% |
|
51% |
|
36.94% |
|
|||||
| MSCI World IT Index | |
-63% |
|
-10% |
|
48% |
|
36.78% |
|
|||||
| Differential | |
1% |
|
2% |
|
3% |
|
0.15% |
|
1.72% |
||||
|
|
|
|
|
|
|
|
|
|
|
||||
| MSCI EM Eastern Europe 10/40 Index | |
72% |
|
83% |
|
58% |
|
24.95% |
|
|||||
| MSCI EM Eastern Europe Index | |
58% |
|
80% |
|
57% |
|
28.24% |
|
|||||
| Differential | |
14% |
|
4% |
|
1% |
|
-3.29% |
|
5.86% |
||||
|
|
|
|
|
|
|
|
|
|
|
||||
| MSCI Nordic 10/40 Index | |
-22% |
|
17% |
|
48% |
|
24.70% |
|
|||||
| MSCI Nordic Index | |
-39% |
|
3% |
|
40% |
|
32.58% |
|
|||||
| Differential | |
18% |
|
14% |
|
8% |
|
-7.88% |
|
12.18% |
||||
|
|
|
|
|
|
|
|
|
|
|
||||
| MSCI Switzerland 10/40 Index | |
-4% |
|
23% |
|
37% |
|
24.70% |
|
|||||
| MSCI Switzerland Index | |
-3% |
|
18% |
|
32% |
|
21.11% |
|
|||||
| Differential | |
-1% |
|
6% |
|
5% |
|
3.59% |
|
19.94% |
||||
| * Annualized Daily volatility during 31st December 1998 to 31st December 2003 * Due to rounding calculations some numbers may appear incorrect Note: MSCI 10/40 Equity Indices are calculated with a base level of 100 as of 31st Dec 1998. Each Index is calculated from its respective unconstrained parent index, with the security weights adjusted using the MSCI 10/40 Equity Index Methodology. |
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