MSCI US Equity Indices The MSCI US Equity Indices reflect the full breadth of investment opportunities within the US equity markets by capitalization size, value and growth investment styles, and sectors/industries in a single index series. The MSCI US Broad Market Index is comprised of the MSCI US Investable Market 2500 Index and the MSCI US Micro Cap Index. The large, mid and small cap indices aggregate into the MSCI US Investable Market 2500 Index. The large and mid cap indices are also aggregated into the MSCI US Prime Market 750 Index. The benchmarks define value and growth styles independently of each other using a new multi-factor approach, and sector indices are calculated based on the Global Industry Classification Standard (GICS).

Index Data   Performance/History

The MSCI US Equity Indices methodology contains a number of innovations designed to offer investors a best of breed benchmark series covering the total US equity market. These innovations include:

• Market capitalization indices that better reflect the investment process of asset managers
• Size and style buffer zones
• Two-dimensional, multi-factor value/growth methodology

21 exchange traded funds based on the MSCI US Equity Indices have been launched by The Vanguard Group.

Index Calculation
The MSCI US Equity Indices are calculated in US Dollars on a real time basis and are disseminated every 15 seconds during market trading hours.

The following MSCI US Equity Indices form the basis of the Vanguard ETFs:

Index Name	Reuters RIC	Bloomberg Ticker
MSCI US Broad Market Index	.MSCIZUSB	MZUSB
MSCI US Prime Market 750 Index	.MSCIZUSP	MZUSP
MSCI US Prime Market Value Index	.MSCIZUSPV	MZUSPV
MSCI US Prime Market Growth Index	.MSCIZUSPG	MZUSPG
MSCI US Mid Cap 450 Index	.MSCIZUSM	MZUSM
MSCI US Small Cap 1750 Index	.MSCIZUSS	MZUSS
MSCI US Small Cap Value Index	.MSCIZUSSV	MZUSSV
MSCI US Small Cap Growth Index	.MSCIZUSSG	MZUSSG
MSCI US Investable Market Consumer Discretionary Index	.MSCIZUSI0CD	MZUSI0CD
MSCI US Investable Market Consumer Staples Index	.MSCIZUSI0CS	MZUSI0CS
MSCI US Investable Market Energy Index	.MSCIZUSI0EN	MZUSI0EN
MSCI US Investable Market Financials Index	.MSCIZUSI0FN	MZUSI0FN
MSCI US Investable Market Health Care Index	.MSCIZUSI0HC	MZUSI0HC
MSCI US Investable Market Industrials Index	.MSCIZUSI0IN	MZUSI0IN
MSCI US Investable Market Information Technology Index	.MSCIZUSI0IT	MZUSI0IT
MSCI US Investable Market Materials Index	.MSCIZUSI0MT	MZUSI0MT
MSCI US Investable Market Telecommunications Index	.MSCIZUSI0TC	MZUSI0TC
MSCI US Investable Market Utilities Index	.MSCIZUSI0UT	MZUSI0UT

For a definition of each index, please click here.