Note:MSCI started calculating and maintaining the above REIT equity index on June 20, 2005. Prior to this date the MSCI US REIT Index (then known as the Morgan Stanley REIT Index) was calculated and maintained by the AMEX. The AMEX began calculating this index with a base level of 200 as of December 30, 1994. In addition, MSCI began calculating a daily price return version of this index on June 20, 2005.
Please note that methodology enhancements to the above index were implemented during the February 2005 Quarterly Index Review (Effective March 1, 2005) and May 2005 Semi-Annual Index Review (Effective June 1, 2005). One of the main enhancements was to free float-adjust the index constituents using the MSCI free float methodology in order to reflect the availability of shares from the perspective of US domestic investors. For more information on the enhanced methodology, please refer to the MSCI US REIT Index methodology guide.
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