MSCI EM + DM Banks Select Fixed Basket 5% Decrement Index

The MSCI EM + DM Banks Select Fixed Basket 5% Decrement Index is based on the MSCI EM + DM Banks Select Fixed Basket Index, which comprises a fixed, equal-weighted basket of selected bank securities from developed and emerging markets drawn from the MSCI ACWI IMI parent index. The 5% Decrement version reflects the index performance with a constant 5% annual decrement, deducted on a daily basis.