MSCI ACWI ex USA Diversified Multiple-Factor Index

The MSCI ACWI ex USA Diversified Multiple-Factor Index is based on MSCI ACWI ex USA Index, its parent index, which includes large and mid cap stocks across Developed Markets (DM) (excluding the US) and Emerging Markets (EM) countries. The index aims to maximize exposure to four factors – Value, Momentum, Quality and Low Size -- while maintaining a risk profile similar to that of the underlying parent index.