MSCI EAFE Quantitative QVM Market Neutral Index

The MSCI EAFE Quantitative QVM Market Neutral Index is based on the MSCI EAFE Index, its parent index, which includes large and mid-cap stocks across Developed markets, excluding the US and Canada. The index uses an optimization process that aims to maximize exposure to the Quality, Value and Momentum (QVM) multifactor, while controlling for active risk, active specific risk, and non-target factors relative to the parent index. The index targets 100% long and 100% short exposure, delivering 200% gross and zero net exposure, while targeting a beta close to zero relative to the parent index.