Also known as: PT731943 Index (Bloomberg) · 731943 (MSCI code)
At a glance
- Weighting schemeDividend yield
- Review frequencySemi-annual
- Constituent count30
- Single cap10
- Buffer20 / 40
| Field | Value | Source text | Reading (model) |
|---|---|---|---|
| M1 Identity, objective, classification · 12 fields | |||
| Weighting basis | Weights are proportional to a score calculated from constituents' historic dividend yield. | The constituents of the Index are assigned weights in proportion of the score calculated from the historic dividend yield of the constituents.Open p.3 ↗ |
Constituents are weighted in proportion to a score calculated from their historic dividend yield. |
| Share change staggering | Period count: 5 days; Rule: Securities' number-of-share changes due to rebalancing are staggered equally over five days leading into and including the review effective date | The Index staggers the changes in securities’ number of shares due to rebalancing, in equal proportion over five days leading into and including the effective date of the Index Review1.Open p.3 ↗ |
Rebalancing-related share changes are staggered equally over five days through and including the index review effective date. |
| Index name | MSCI Taiwan Select ESG Sustainability High Yield Top 30 Index | The MSCI Taiwan Select ESG Sustainability High Yield Top 30 Index (herein, the “Index”) aims to reflect the performance of a strategyOpen p.3 ↗ |
The official index name is the MSCI Taiwan Select ESG Sustainability High Yield Top 30 Index. |
| Index short name | Index | The MSCI Taiwan Select ESG Sustainability High Yield Top 30 Index (herein, the “Index”) aims to reflect the performance of a strategyOpen p.3 ↗ |
The document refers to the strategy index informally as the “Index.” |
| Administrator | MSCI Limited and MSCI Deutschland GmbH | MSCI Limited and MSCI Deutschland GmbH are the benchmark administrators for the MSCI indexesOpen p.5 ↗ |
MSCI Limited and MSCI Deutschland GmbH administer the MSCI indexes used in this product. |
| Index family | MSCI Taiwan Select ESG Sustainability High Yield Top 30 Index Methodology | MSCI Taiwan Select ESG Sustainability High Yield Top 30 Index MethodologyOpen p.1 ↗ |
The methodology document covers the MSCI Taiwan Select ESG Sustainability High Yield Top 30 strategy index. |
| Parent index | MSCI Taiwan Index | selects 30 stocks from the MSCI Taiwan Index (herein, the “Parent Index”) which have high Dividend YieldOpen p.3 ↗ |
The index selects stocks from the MSCI Taiwan Index, which is identified as the Parent Index. |
| Objective | Aims to reflect the performance of a strategy that selects 30 stocks from the MSCI Taiwan Index with high dividend yield, qualifying controversy scores, and ESG Ratings of BB or better. | The MSCI Taiwan Select ESG Sustainability High Yield Top 30 Index (herein, the “Index”) aims to reflect the performance of a strategy that selects 30 stocks from the MSCI Taiwan Index (herein, the “Parent Index”) which have high Dividend YieldOpen p.3 ↗ |
The index aims to reflect the performance of a strategy selecting 30 MSCI Taiwan Index stocks with high dividend yield, required controversy scores, and ESG Ratings of BB or better. |
| Market classification | Custom | selects 30 stocks from the MSCI Taiwan Index (herein, the “Parent Index”) which have high Dividend YieldOpen p.3 ↗ |
The document identifies a Taiwan-focused strategy but does not state an MSCI developed, emerging, or other market classification, so a custom classification is recorded. |
| Size segment | Custom | Securities with closing full market capitalization greater than or equal to USD 700 million are eligible for inclusion in the Index.Open p.4 ↗ |
The index applies a specific USD 700 million full-market-capitalization threshold rather than stating a standard size segment. |
| Index family type | Dividend yield | which have high Dividend Yield, Controversy Score greater than or equal to 3 for securities that are not existing Index constituentsOpen p.3 ↗ |
The strategy index is oriented toward high dividend-yield stock selection. |
| Factor exposures | Yield | which have high Dividend Yield, Controversy Score greater than or equal to 3 for securities that are not existing Index constituentsOpen p.3 ↗ |
The index provides exposure to high-dividend-yield securities. |
| M2 Universe · 4 fields | |||
| Eligible universe construction | Parent Index securities satisfying ESG rating, controversies score, size, EPS, and dividend eligibility criteria form the eligible universe, with an expansion mechanism if fewer than 20 securities qualify. | Securities in the Parent Index that fulfill all the above criteria form the Eligible Universe. If the number of securities in the Eligible Universe is less than 20Open p.5 ↗ |
Parent Index securities that satisfy all ESG, controversy, size, earnings, and dividend criteria form the eligible universe; if fewer than 20 qualify, additional high-EPS securities may be added. |
| Markets | Taiwan | The Reference Index is constructed from the MSCI Taiwan Index (the “Parent Index”).Open p.4 ↗ |
The index covers securities selected from the Taiwan market represented by the MSCI Taiwan Index. |
| Parent universe index | MSCI Taiwan Index | The Reference Index is constructed from the MSCI Taiwan Index (the “Parent Index”).Open p.4 ↗ |
The Reference Index and eligible universe are constructed from the MSCI Taiwan Index. |
| Exclusions | Companies without an MSCI ESG Rating, Companies without an MSCI Controversies Score, Securities ranked in the bottom 10% of any dividend-yield ranking group, Securities whose four dividend yields have a standard deviation above 20%, Securities lacking dividend yield or having zero dividend yield for a period, Securities with zero dividends | Unrated companies (companies not assessed by MSCI Solutions 2 on MSCI ESG Rating) are excluded from the eligible universe.Open p.4 ↗ |
The eligible universe excludes unrated ESG or controversies companies, low-ranked or high-volatility dividend-yield securities, and securities with missing, zero, or no dividends. |
| M3 Eligibility screens · 7 fields | |||
| ESG rating threshold | Minimum rating: BB; Unrated treatment: Excluded | Companies having MSCI ESG Rating of ‘BB’ and above are eligible for inclusion in the Index. Unrated companies (companies not assessed by MSCI Solutions 2 on MSCI ESG Rating) are excluded from the eligible universe.Open p.4 ↗ |
Companies rated BB or above by MSCI ESG Ratings are eligible, while unrated companies are excluded. |
| Controversy score thresholds | Existing constituent minimum: 1; Non constituent minimum: 3; Unrated treatment: Excluded | Existing Index constituents are required to have an MSCI Controversies Score of 1 or higher to remain eligible for the Index. Non-Index constituents are required to have an MSCI Controversies Score of 3 or higher to be eligible for inclusion in the Index.Open p.4 ↗ |
Existing constituents need a Controversies Score of at least 1, non-constituents need at least 3, and unrated companies are excluded. |
| Dividend yield ranking screen | Ranking groups: current dividend yield, dividend yield for each of the last 3 years; Ranking order: Descending; Bottom rank cutoff (%): 10; Maximum standard deviation (%): 20; Missing or zero dividend yield treatment: Ineligible | Securities will be ranked in four independent groups, based on their current dividend yield4 and their dividend yield in each of the last 3 years5.Open p.5 ↗ |
Securities are ranked by current yield and each of the prior three years' yields; bottom-10% rankings, yield standard deviation above 20%, and missing or zero yields make a security ineligible. |
| Minimum eligible universe expansion | Minimum universe size: 20; Selection basis: highest earnings per share among remaining Parent Index stocks meeting ESG, controversy, and size eligibility | If the number of securities in the Eligible Universe is less than 20, stocks with the highest Earnings Per Share from the remaining stocks in the Parent Index which fulfill the ESG Ratings Eligibility, ControversiesOpen p.5 ↗ |
If fewer than 20 securities qualify, the highest-EPS remaining Parent Index stocks that meet ESG, controversy, and size criteria are added until the eligible universe reaches 20. |
| Minimum size | Metric: Full market cap; Threshold: 700,000,000; Currency: USD | Securities with closing full market capitalization greater than or equal to USD 700 million are eligible for inclusion in the Index.Open p.4 ↗ |
Securities must have closing full market capitalization of at least USD 700 million. |
| Financial screens | Positive annual earnings per share | Securities with positive annual Earnings Per Share3 are eligible for inclusion in the Index.Open p.5 ↗ |
Securities must have positive annual earnings per share. |
| Business or ESG exclusions | MSCI ESG Rating must be BB or above; unrated companies are excluded., Existing constituents must have an MSCI Controversies Score of at least 1., Non-constituents must have an MSCI Controversies Score of at least 3., Companies without an MSCI Controversies Score are excluded. | Companies having MSCI ESG Rating of ‘BB’ and above are eligible for inclusion in the Index.Open p.4 ↗ |
Companies need an MSCI ESG Rating of BB or above, existing constituents need a Controversies Score of at least 1, non-constituents need at least 3, and unrated companies are excluded. |
| M4 Selection and constituent count · 7 fields | |||
| Current dividend data cutoff | 15 business days | Current dividend yield is calculated using Dividends per Share (DPS) based on announced dividends where the dividends are announced and processed by MSCI as soon as practicable with a cutoff date of 15 business days before the effective date of the rebalance.Open p.5 ↗ |
Current dividend yield uses announced dividends processed by MSCI as soon as practicable, with a cutoff 15 business days before the rebalance effective date. |
| Zero dividend screen | Yes | Securities with zero Dividends per Share (DPS) based on Trailing Twelve Month (TTM) dividends including announced dividends will be considered ineligible.Open p.5 ↗ |
Securities with zero trailing-twelve-month dividends per share, including announced dividends, are ineligible. |
| Annual dividend announcement screen | Yes | If a security with annual dividend frequency has not announced a dividend in the current calendar year, it will be considered ineligible. This is determined 15 business days before the effective date of the rebalance.Open p.5 ↗ |
A security with annual dividend frequency is ineligible if it has not announced a dividend in the current calendar year, determined 15 business days before the rebalance effective date. |
| Selection method | Rank by metric | From the securities in the Eligible Universe, 30 securities are selected for inclusion in the Index, in descending order, based on the following Dividend ScoreOpen p.5 ↗ |
Thirty securities are selected from the Eligible Universe in descending order based on their Dividend Score. |
| Ranking metrics | Name: Current dividend yield; Window: Current; Direction: Descending; Step order: 1, Name: Average dividend yield; Window: Last 3 years; Direction: Descending; Step order: 1, Name: Dividend score; Window: Current and last 3 years; Direction: Descending; Step order: 1 | Dividend Score = 0.25 ∗ Current Dividend Yield + 0.75 ∗ (Average Dividend Yield for last 3 yrs)Open p.5 ↗ |
Securities are ranked by Dividend Score, calculated as 0.25 times current dividend yield plus 0.75 times average dividend yield for the last three years. |
| Target constituent count | 30 | 30 securities are selected for inclusion in the Index, in descending order, based on the following Dividend ScoreOpen p.5 ↗ |
The index targets 30 securities, but if fewer than 30 are in the Eligible Universe, it includes all eligible securities. |
| Tie break rule | Higher free float-adjusted market capitalization applicable to foreign investors receives the higher rank when two securities have the same dividend yield. | Should there be two securities with the same dividend yield, the one with the higher free float-adjusted market capitalization applicable to foreign investors is designated a higher rank.Open p.5 ↗ |
If two securities have the same dividend yield, the security with the higher free float-adjusted market capitalization applicable to foreign investors is ranked higher. |
| M5 Weighting and capping · 7 fields | |||
| AUM based capacity cap | 6% | does not exceed the market capitalization threshold (which is 6%) of the full market capitalization of that security.Open p.6 ↗ |
A security's allocated AUM amount may not exceed 6% of that security's full market capitalization. |
| Excess weight redistribution | Redistribute excess weight in descending order of current dividend yield to securities that have not reached their individual capping threshold. | Any excess amount is redistributed in order of current dividend yield to securities that have not yet reached their individual capping threshold.Open p.6 ↗ |
Any excess weight is redistributed in order of current dividend yield to securities that have not reached their individual capping threshold. |
| AUM cap relaxation trigger | Capping thresholds are relaxed if the AUM Value exceeds the aggregate individual security capping limits. | a relaxation of the capping thresholds is applied if the AUM Value exceeds the aggregate of the individual security capping limits as defined belowOpen p.6 ↗ |
If the AUM Value exceeds the aggregate of individual security capping limits, a relaxation is applied using AUM Value divided by that aggregate. |
| Aggregate individual capping limit | Sum across securities of the lesser of 6% of full market capitalization or 10% of the AUM Value. | Aggregate of the individual security capping limits is calculated as the sum across all securities of the lesser of (i) 6% of each security’s full market capitalization or (ii) 10% of the AUM Value.Open p.6 ↗ |
The aggregate individual capping limit is the sum across all securities of the lesser of 6% of each security's full market capitalization or 10% of the AUM Value. |
| Weighting scheme | Dividend yield | The securities selected for inclusion in the Index are weighted in proportion of the Dividend Score at every Index Review.Open p.5 ↗ |
Selected securities are weighted in proportion to their Dividend Score at every index review. |
| Weight cap | 10% | The securities will be capped at the minimum of either; (i) 10% of Index weight or (ii) such that the amount allocated to any securityOpen p.6 ↗ |
Each security is capped at the minimum of 10% of index weight or a market-capitalization-based capacity threshold. |
| Cap application timing | At review | The securities selected for inclusion in the Index are weighted in proportion of the Dividend Score at every Index Review.Open p.5 ↗ |
Securities are weighted and capped as part of every index review. |
| M6 Review and rebalance schedule · 8 fields | |||
| Staggered implementation | Days: 5; Distribution: Equal; Implementation days: T-4, T-3, T-2, T-1, T | The rebalance changes of the Index are then staggered for implementation by spreading the change in Index Number of Shares (NOS) for each security over five days leading into the rebalancing effective date (T).Open p.6 ↗ |
Rebalancing changes in Index Number of Shares are spread equally over five days leading into T. |
| Review frequency | Semi-annual | The Reference Index is rebalanced on a semi-annual basis as per the steps described in Section 3, usually as of the close of the last business day of May and NovemberOpen p.8 ↗ |
The Reference Index and the Index are rebalanced semi-annually at the May and November Semi-Annual Index Reviews. |
| Review types | Semi annual review, Ad hoc | coinciding with the May and November Semi-Annual Index Review (SAIR) of the MSCI Global Investable Market Indexes.Open p.8 ↗ |
Scheduled maintenance occurs through the May and November Semi-Annual Index Reviews, with ongoing event-related maintenance handled outside and during the staggering period. |
| Review months | May, November | usually as of the close of the last business day of May and November, coinciding with the May and November Semi-Annual Index Review (SAIR)Open p.8 ↗ |
The scheduled semi-annual rebalancing occurs in May and November. |
| Data cutoff rule | MSCI Solutions data, including MSCI ESG Ratings and MSCI Controversies Scores, generally use month-end data preceding the Index Reviews, with later-published data used when month-end data is unavailable. | In general, MSCI uses MSCI Solutions data (including MSCI ESG Ratings and MSCI Controversies Scores) as of the end of the month preceding the Index Reviews for the rebalancing of the Index.Open p.8 ↗ |
MSCI generally uses MSCI Solutions data as of the end of the month preceding the Index Reviews, but may use subsequently published data for securities where such data was unavailable. |
| Announcement rule | The pro forma index is generally announced nine business days before the effective date (T-9). | The pro forma index is in general announced nine business days before the effective date.Open p.8 ↗ |
The pro forma Index is generally announced nine business days before T. |
| Effective date rule | T is the effective date of the May and November Semi-Annual Index Review, generally the close of the last business day of May or November; the Index implements changes over T-4, T-3, T-2, T-1 and T. | usually as of the close of the last business day of May and November, coinciding with the May and November Semi-Annual Index Review (SAIR)Open p.8 ↗ |
The Index is rebalanced over five days from T-4 through T, where T is the May or November SAIR effective date. |
| Rebalance frequency | Semi-annual | The Reference Index is rebalanced on a semi-annual basis as per the steps described in Section 3Open p.8 ↗ |
The Index is rebalanced semi-annually, with implementation staggered over five days. |
| M7 Buffers and turnover control · 3 fields | |||
| Buffer width | 33.33 pct of fixed number of securities | To reduce Index turnover and enhance Index stability, buffer rules are applied at 33.33% of the fixed number of securities in the MSCI Taiwan Select ESG Sustainability High Yield Top 30 Index.Open p.8 ↗ |
Buffer rules are applied at 33.33% of the Index's fixed number of securities to reduce turnover and enhance stability. |
| Buffer ranking metric | Dividend Score rank | The securities in the Eligible Universe with a Dividend Score rank at or above 20 will be added to the MSCI Taiwan Select ESG Sustainability High Yield Top 30 Index on a priority basis.Open p.8 ↗ |
The buffer and priority selection are based on Dividend Score rank. |
| Buffer zone | Entry rank: 20; Exit rank: 40 | For example, the MSCI Taiwan Select ESG Sustainability High Yield Top 30 Index targets 30 securities and the buffers are applied between rank 21 and 40.Open p.8 ↗ |
For a 30-security target, non-constituents ranked 20 or higher by Dividend Score enter first, while existing constituents ranked 21 through 40 may be retained until 30 securities are selected. |
| M8 Corporate actions, IPOs, ad-hoc changes · 10 fields | |||
| No deletions for sustainability or climate data changes | Yes | There are no deletions from the Index between Index Reviews on account of a security becoming ineligible because of any change in the sustainability and climate data.Open p.10 ↗ |
Securities are not deleted between Index Reviews solely because sustainability or climate data changes make them ineligible. |
| Characteristic changes reviewed later | A security remains in the Index after changes in country, sector, size segment or other characteristics, with continued inclusion reevaluated at the subsequent Index Review. | Changes in Security Characteristics A security will continue to be an Index constituent if there are changes in characteristics (country, sector, size segment, etc.) Reevaluation for continued inclusion in the Index will occur at the subsequent Index Review.Open p.10 ↗ |
Changes in security characteristics do not cause immediate deletion; continued inclusion is reviewed at the next Index Review. |
| Corporate event vwf offset | Changes in index market capitalization from corporate events are offset by a corresponding change in the Variable Weighting Factor. | Further, changes in index market capitalization that occur because of corporate event implementation will be offset by a corresponding change in the Variable Weighting Factor (VWF) of the constituent.Open p.10 ↗ |
Corporate-event-driven changes in index market capitalization are offset through the constituent's Variable Weighting Factor. |
| Intermediate parent index review changes neutralized | Yes | Additionally, if the frequency of Index Reviews in the Parent Index is greater than the frequency of Index Reviews in the Index, the changes made to the Parent Index during intermediate Index Reviews will be neutralized in the Index.Open p.10 ↗ |
If the Parent Index reviews more frequently, changes made during intermediate reviews are neutralized in the Index. |
| Suspended securities treatment | Suspension treatment applies to securities suspended from two days before the Staggering Period through T-4, holding the next day's pro forma FMCAF constant until T subject to resumption or Parent Index deletion rules. | A suspension treatment will be applied to any security suspended on any day starting from two days before the start of the Staggering Period through T-4.Open p.11 ↗ |
Securities suspended around the start of the staggering period receive special FMCAF treatment and may be deleted if the Parent Index removal persists to T. |
| Fast entry | Timing: A new security added to the Parent Index, including IPOs and other early inclusions, will not be added to the Index between Index Reviews | New additions to the Parent Index A new security added to the Parent Index (such as IPO and other early inclusions) will not be added to the index.Open p.10 ↗ |
New Parent Index additions such as IPOs and other early inclusions are not added to the Index between scheduled reviews. |
| Ad-hoc deletion | Acquisition, Delisting, Prolonged suspension | Parent Index deletions will be reflected simultaneously.Open p.10 ↗ |
Parent Index deletions are reflected simultaneously; an existing constituent acquired by a non-constituent is deleted, and a suspended new Parent Index addition reverted by T-4 is deleted effective T. |
| Replacement policy | Next review | All securities created as a result of the spin-off of an existing Index constituent will be added to the Index at the time of event implementation. Reevaluation for continued inclusion in the Index will occur at the subsequent Index Review.Open p.10 ↗ |
Spin-off securities are added at event implementation and reevaluated for continued inclusion at the subsequent Index Review; no general replacement or new additions occur between reviews. |
| Merger spinoff rules | Spin-offs of existing constituents are added at implementation and reviewed later; mergers and acquisitions reflect the acquirer's post-event weight for share consideration, invest cash proceeds across the Index, and delete a constituent acquired by a non-constituent without adding the acquirer. | Spin-Offs All securities created as a result of the spin-off of an existing Index constituent will be added to the Index at the time of event implementation. Reevaluation for continued inclusion in the Index will occur at the subsequent Index Review.Open p.10 ↗ |
Spin-offs are temporarily retained, while merger and acquisition treatment reflects share consideration, invests cash proceeds across the Index, and does not add a non-constituent acquirer. |
| Corporate actions guide ref | MSCI Corporate Events Methodology book | Further detail and illustration regarding specific treatment of corporate events relevant to this Index can be found in the MSCI Corporate Events Methodology book under the sections detailing the treatment of events in Capped Weighted and Non-Market Capitalization Weighted indexes.Open p.10 ↗ |
Detailed corporate event treatment is in the MSCI Corporate Events Methodology book, particularly the sections on Capped Weighted and Non-Market Capitalization Weighted indexes. |
| M9 Calculation and return variants · 3 fields | |||
| Index calculation methodology reference | MSCI Index Calculation Methodology | MSCI Index Calculation Methodology – https://www.msci.com/index/methodology/latest/IndexCalcOpen p.13 ↗ |
The index uses the MSCI Index Calculation Methodology as part of its Methodology Set. |
| Corporate events methodology reference | MSCI Corporate Events Methodology | MSCI Corporate Events Methodology – https://www.msci.com/index/methodology/latest/CEOpen p.13 ↗ |
Corporate-event treatment is governed by the MSCI Corporate Events Methodology. |
| Glossary reference | MSCI Index Glossary of Terms | MSCI Index Glossary of Terms – https://www.msci.com/index/methodology/latest/IndexGlossaryOpen p.13 ↗ |
Index terms are defined in the MSCI Index Glossary of Terms. |
| M10 Governance, change policy, disclosure · 4 fields | |||
| Methodology set | Description of methodology set, MSCI Corporate Events Methodology, MSCI Fundamental Data Methodology, MSCI Index Calculation Methodology, MSCI Index Glossary of Terms, MSCI Index Policies, MSCI Global Industry Classification Standard (GICS) Methodology, MSCI Global Investable Market Indexes Methodology, ESG Factors In Methodology | The Index is governed by a set of methodology and policy documents (“Methodology Set”), including the present index methodology document as mentioned belowOpen p.13 ↗ |
The index is governed by a Methodology Set comprising methodology and policy documents, including the present index methodology document and the listed related MSCI methodologies. |
| Methodology documents webpage | https://www.msci.com/index-methodology | The Methodology Set for the Indexes can also be accessed from MSCI’s webpage https://www.msci.com/index-methodology in the section ‘Search Methodology by Index Name or Index Code’.Open p.13 ↗ |
The Methodology Set can be accessed on MSCI's index methodology webpage. |
| Index policies reference | MSCI Index Policies | MSCI Index Policies – https://www.msci.com/index/methodology/latest/IndexPolicyOpen p.13 ↗ |
The index is also governed by MSCI Index Policies within the Methodology Set. |
| ESG factors methodology reference | ESG Factors In Methodology | ‘ESG Factors in Methodology’ contains the list of environmental, social, and governance factors considered, and how they are applied in the methodologyOpen p.13 ↗ |
The ESG Factors in Methodology document lists environmental, social, and governance factors and how they are applied. |
Open points · 43Model-written, for reference
- 1No index code, ISIN, Bloomberg/Refinitiv/Wind/local ticker, launch date, base date, base value, calculation currency, methodology version, or methodology date was stated.
- 2The supplied sections do not specify exchanges, listing boards, security type enums, or a nationality rule beyond selection from the MSCI Taiwan Index.
- 3The supplied sections do not state a minimum trading history or minimum length of trading.
- 4The supplied sections do not state an ATVR or other liquidity screen.
- 5The supplied sections do not state minimum free float, minimum foreign room, minimum voting rights, or minimum share price requirements.
- 6The supplied sections do not provide suspension treatment or an extreme price increase screen.
- 7The five-day staggering period is described only as 'five days' without specifying trading, business, or calendar days.
- 8No explicit industry or sector neutrality rule is stated.
- 9No reserve list or pre-ranked replacement-pool rule is stated.
- 10No free-float factor methodology or factor bands are stated.
- 11No domestic inclusion factor is stated.
- 12No foreign ownership limit treatment is stated separately from the tie-break reference to foreign-investor free-float-adjusted market capitalization.
- 13No group, sector, or country aggregate cap is stated.
- 14No shares-outstanding source or update schedule is stated.
- 15No divisor continuity or adjustment rule is stated.
- 16No explicit weight reset frequency for capped or factor weights was stated.
- 17No size-segment buffer thresholds were stated.
- 18No relaxed liquidity threshold for existing constituents was stated.
- 19No maximum turnover limit per review was stated.
- 20No deletion price rule was stated.
- 21No numerical threshold or timing rule for fast entry of large new listings was stated; the document instead says IPOs and other early Parent Index additions are not added to the Index.
- 22No share or free-float change implementation threshold was stated.
- 23Formula type was not stated.
- 24Price source was not stated.
- 25Calculation frequency was not stated.
- 26Published index-level precision was not stated.
- 27Return variants were not stated.
- 28Withholding tax basis was not stated.
- 29Dividend treatment was not stated.
- 30Divisor adjustment events were not stated.
- 31Market disruption rule was not stated.
- 32Recalculation or correction policy was not stated.
- 33Oversight body was not stated.
- 34Discretion points were not stated.
- 35Methodology review frequency was not stated.
- 36External review arrangements were not stated.
- 37Material change definition was not stated.
- 38Consultation procedure was not stated.
- 39Notice period for methodology changes was not stated.
- 40Error correction policy was not stated.
- 41Disclosure channels beyond MSCI's methodology webpage were not stated.
- 42Constituent publication status and frequency were not stated.
- 43Index cessation policy was not stated.
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