MSCI WORLD GROWTH INDEX (USD)
The MSCI World Growth Index captures large and mid cap securities exhibiting overall growth style characteristics across 23 Developed
Markets (DM) countries*. The growth investment style characteristics for index construction are defined using five variables: long-term
forward EPS growth rate, short-term forward EPS growth rate, current internal growth rate and long-term historical EPS growth trend
and long-term historical sales per share growth trend.
CUMULATIVE INDEX PERFORMANCE - GROSS RETURNS
300
(USD) (MAY 2002 – MAY 2017)
ANNUAL PERFORMANCE (%)
Year
MSCI World Growth
MSCI World
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
296.70
288.19
200
100
50
May 02
Aug 03
Nov 04
Feb 06
May 07
Aug 08
Nov 09
Feb 11
INDEX PERFORMANCE — GROSS RETURNS
May 12
Aug 13
Nov 14
Feb 16
MSCI World Growth
May 17
3.21
3.50
6.55
27.20
16.63
-5.14
14.89
33.85
-40.90
15.12
15.48
9.74
11.21
28.52
FUNDAMENTALS
(%) ( MAY 31, 2017 )
MSCI World
8.15
-0.32
5.50
27.37
16.54
-5.02
12.34
30.79
-40.33
9.57
20.65
10.02
15.25
33.76
( MAY 31, 2017 )
ANNUALIZED
1 Mo
3 Mo
1 Yr
YTD
3 Yr
5 Yr
10 Yr
Since
Dec 31, 1974
Div Yld (%)
P/E
P/E Fwd
P/BV
MSCI World Growth
3.41
7.74
17.59
15.23
8.11
13.54
5.72
9.80
1.59
26.30
20.03
3.79
MSCI World
2.21
4.96
17.09
10.55
6.33
13.05
4.44
10.92
2.41
21.70
16.61
2.32
INDEX RISK AND RETURN CHARACTERISTICS
( MAY 31, 2017 )
ANNUALIZED STD DEV (%) 2
MSCI World Growth
MSCI World
SHARPE RATIO 2 , 3
MAXIMUM DRAWDOWN
Turnover
(%) 1
3 Yr
5 Yr
10 Yr
3 Yr
5 Yr
10 Yr
Since
Dec 31, 1974
(%)
Period YYYY-MM-DD
18.35
2.34
11.16
10.66
10.29
10.06
16.49
16.48
0.72
0.59
1.26
1.25
0.37
0.29
na
na
57.30
57.46
2000-03-31—2002-10-09
2007-10-31—2009-03-09
1
Last 12 months
2
Based on monthly gross returns data
3
Based on ICE LIBOR 1M
* DM countries include: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden,
Switzerland, the UK and the US.
The MSCI World Growth Index was launched on Dec 08, 1997. Data prior to the launch date is back-tested data (i.e. calculations of how the index might have performed over that time period had the index existed).
There are frequently material differences between back-tested performance and actual results. Past performance -- whether actual or back-tested -- is no indication or guarantee of future performance.
MSCI WORLD GROWTH INDEX
MAY 31, 2017
INDEX CHARACTERISTICS
TOP 10 CONSTITUENTS
MSCI World Growth
Number of
Constituents
Country
974
APPLE
AMAZON.COM
FACEBOOK A
ALPHABET C
ALPHABET A
NESTLE
BERKSHIRE HATHAWAY B
COMCAST CORP A (NEW)
ROCHE HOLDING GENUSS
HOME DEPOT
Total
Mkt Cap ( USD Millions)
Index
Largest
Smallest
Average
Median
18,624,878.38
814,564.13
546.43
19,122.05
8,684.99
SECTOR WEIGHTS
Float Adj Mkt Cap
( USD Billions)
Index
Wt. (%)
Sector
814.56
401.72
354.54
299.67
292.26
265.85
202.40
198.73
193.00
187.00
3,209.74
4.37
2.16
1.90
1.61
1.57
1.43
1.09
1.07
1.04
1.00
17.23
Info Tech
Cons Discr
Info Tech
Info Tech
Info Tech
Cons Staples
Financials
Cons Discr
Health Care
Cons Discr
US
US
US
US
US
CH
US
US
CH
US
COUNTRY WEIGHTS
13.08%
5.13%
13.14%
5.04%
6.14%
4.74%
8.5%
3.47%
17.18%
3.52%
2.63%
1.74%
15.25%
0.76%
22.61%
17.1%
59.97%
Information Technology 22.61%
Industrials 13.14%
Energy 3.52%
Consumer Discretionary 17.1%
Consumer Staples 13.08%
Real Estate 2.63%
Financials 5.13%
Health Care 15.25%
Materials 5.04%
United States 59.97%
Germany 3.47%
Japan 8.5%
United Kingdom 6.14%
Switzerland 4.74%
Other 17.18%
Telecommunication Services 1.74%
Utilities 0.76%
INDEX METHODOLOGY
The MSCI Global Value and Growth Indexes are based on the MSCI Global Investable Market Value and Growth Indexes Methodology—a
comprehensive and state-of-the art approach to index construction that reflects investor’s views on style definition and segmentation and
provides a precise representation of the opportunity set for global style managers. The MSCI style methodology adopts a two-dimensional
framework for value/growth segmentation: each security is given an overall style characteristic derived from its value and growth scores
and is then placed into either a value or a growth index (or is partially allocated to both). Style characteristics are defined using eight historical
and forward looking variables (three for value and five for growth). The index is reviewed semi-annually—in May and November—with the
objective of reflecting change in the style characteristics of the underlying equity markets in a timely manner, while limiting undue index
turnover.
ABOUT MSCI
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MSCI WORLD GROWTH INDEX