MSCI Global Value and Growth Indices
A consistent and clear view for international style investors

Defining "growth" and "value" companies across markets can be a challenge for global asset managers. Is a company primarily defined as a growth or value company? How can pension fund managers and consultants identify whether a style manager really falls within an investment mandate?

MSCI Global Value and Growth Indices provide a clear, consistent style definition of securities, using a rigorous approach.

The indices are constructed using a unique holdings-based style approach that provides a precise definition of style using eight historical and forward-looking fundamental data points for every security. Each security is placed into either the Value or Growth Indices, or may be partially allocated to both (with no double counting).

In addition to serving as benchmarks for value and growth funds, the MSCI Global Value & Growth Indices may also be used by pension plans and consultants to select and monitor Value and Growth managers. The individual security level style data may also be applied to portfolios to conduct holdings-based style analysis of the portfolio over time. Asset managers may also use the indices to look at style trends using the historical index returns, avoid style drift, and understand the source of a company's performance.

MSCI Global Value and Growth Indices enable you to:

• Identify style trends
• Quantify any style bias of the portfolio vs. the benchmark
• Obtain additional insights for stock screening
• Learn how the style of individual securities has evolved over time
• Issue index-linked products with more precise data on style and performance
• Conduct holdings-based style analysis to monitor portfolio style integrity and drift.

The MSCI Global Value and Growth Index Methodology is applied to a broad range of indices, including Global Large Cap, Mid Cap, Standard, Small Cap and Investable Market Indices.

To find out more about the MSCI Global Value and Growth Indices, please contact us.