MSCI USA Minimum Volatility Extended ESG Reduced Carbon Target Index

The MSCI USA Minimum Volatility Extended ESG Reduced Carbon Target Index is based on MSCI USA Index, its parent index, which includes large- and mid-cap stocks across the U.S. equity markets. The index is designed to represent the performance of a strategy that seeks systematic integration of environmental, social and governance (ESG) norms along with the minimum volatility factor.