MSCI Kokusai (World ex Japan) Sector Neutral Quality Index

The MSCI Kokusai Sector Neutral Quality Index captures large and mid-cap representation across Developed Markets (DM) countries excluding Japan. The index aims to capture the performance of securities that exhibit stronger quality characteristics relative to their peers within the same GICS® sector by identifying stocks with high quality scores based on three main fundamental variables: high Return-on-Equity (ROE), low leverage and low earnings variability.