1.01jquery

MSCIChinaTop50SelectIndex(USD)MSCIChinaTop50SelectIndex(USD)|msci.
comTheMSCIChinaTop50SelectIndexisbasedontheMSCIChinaIndex,itsparentindex,whichcaptureslarge-andmid-caprepresentationacrossChinaA,BandHshares,Redchips,Pchipsandforeignlistings(e.
g.
,AmericanDepositoryReceipts).
TheIndexaimstorepresenttheperformanceofthelargest50securitiesfromChinawhichmeetminimumsizeandliquidityrequirementsandusesafullinclusionweightforAshares.
Toavoidconcentration,theIndexisthencappedaspertheMSCI10/50Indexmethodologywhichconstrainstheweightofanysinglegroupentityat10%,andthesumoftheweightsofallgroupentitieswithaweightofmorethan5%atamaximumof50%.
CUMULATIVEINDEXPERFORMANCE—NETRETURNS(USD)(FEB2008–JAN2021)Feb08Mar09Apr10May11Jun12Jul13Aug14Sep15Oct16Nov17Dec18Dec19Jan210100200MSCIChinaTop50SelectMSCIChina221.
68214.
85ANNUALPERFORMANCE(%)YearMSCIChinaTop50SelectMSCIChina202035.
9129.
49201926.
0223.
462018-17.
87-18.
88201747.
6954.
0720160.
760.
902015-11.
88-7.
8220149.
937.
9620133.
633.
64201222.
1322.
752011-14.
03-18.
4120104.
654.
63200961.
9462.
29INDEXPERFORMANCE—NETRETURNS(%)(JAN29,2021)ANNUALIZED1Mo3Mo1YrYTD3Yr5Yr10YrSinceFeb29,2008MSCIChinaTop50Select6.
4220.
2353.
466.
4210.
0120.
488.
976.
35MSCIChina7.
3613.
3946.
047.
367.
3719.
928.
446.
09FUNDAMENTALS(JAN29,2021)DivYld(%)P/EP/EFwdP/BV1.
1224.
6519.
712.
971.
2621.
6316.
962.
48INDEXRISKANDRETURNCHARACTERISTICS(FEB29,2008–JAN29,2021)ANNUALIZEDSTDDEV(%)2SHARPERATIO2,3MAXIMUMDRAWDOWNBetaTrackingError(%)Turnover(%)13Yr5Yr10Yr3Yr5Yr10YrSinceFeb29,2008(%)PeriodYYYY-MM-DDMSCIChinaTop50Select0.
992.
6121.
0020.
1818.
2220.
240.
491.
050.
490.
3564.
422008-05-06—2008-10-27MSCIChina1.
000.
009.
5520.
3518.
5220.
620.
371.
010.
460.
3464.
022008-05-06—2008-10-271Last12months2Basedonmonthlynetreturnsdata3BasedonICELIBOR1MTheMSCIChinaTop50SelectIndexwaslaunchedonSep03,2018.
Datapriortothelaunchdateisback-testeddata(i.
e.
calculationsofhowtheindexmighthaveperformedoverthattimeperiodhadtheindexexisted).
Therearefrequentlymaterialdifferencesbetweenback-testedperformanceandactualresults.
Pastperformance--whetheractualorback-tested--isnoindicationorguaranteeoffutureperformance.
JAN29,2021ABOUTMSCIMSCIisaleadingproviderofcriticaldecisionsupporttoolsandservicesfortheglobalinvestmentcommunity.
Withover45yearsofexpertiseinresearch,dataandtechnology,wepowerbetterinvestmentdecisionsbyenablingclientstounderstandandanalyzekeydriversofriskandreturnandcondentlybuildmoreeffectiveportfolios.
Wecreateindustry-leadingresearch-enhancedsolutionsthatclientsusetogaininsightintoandimprovetransparencyacrosstheinvestmentprocess.
Tolearnmore,pleasevisitwww.
msci.
com.
Theinformationcontainedherein(the"Information")maynotbereproducedorredisseminatedinwholeorinpartwithoutpriorwrittenpermissionfromMSCI.
TheInformationmaynotbeusedtoverifyorcorrectotherdata,tocreateindexes,riskmodels,oranalytics,orinconnectionwithissuing,offering,sponsoring,managingormarketinganysecurities,portfolios,nancialproductsorotherinvestmentvehicles.
Historicaldataandanalysisshouldnotbetakenasanindicationorguaranteeofanyfutureperformance,analysis,forecastorprediction.
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TheInformationisprovided"asis"andtheuseroftheInformationassumestheentireriskofanyuseitmaymakeorpermittobemadeoftheInformation.
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MSCIChinaTop50SelectIndex(USD)|msci.
comINDEXCHARACTERISTICSMSCIChinaTop50SelectMSCIChinaNumberofConstituents46697Weight(%)Largest9.
5015.
66Smallest0.
720.
00Average2.
170.
14Median1.
430.
02TOP10CONSTITUENTSIndexWt.
(%)ParentIndexWt.
(%)SectorTENCENTHOLDINGSLI(CN)9.
5015.
66CommSrvcsALIBABAGROUPHLDGADR8.
1514.
90ConsDiscrMEITUANB6.
825.
12ConsDiscrKWEICHOWMOUTAIA(HK-C)5.
700.
77ConsStaplesNIOAADR3.
872.
26ConsDiscrJD.
COMADR3.
692.
38ConsDiscrBAIDUADR3.
631.
99CommSrvcsCHINACONSTRUCTIONBKH3.
442.
26FinancialsPINGANINSURANCEH3.
422.
17FinancialsWULIANGYEYIBINA(HK-C)2.
780.
33ConsStaplesTotal50.
9947.
83SECTORWEIGHTSConsumerDiscretionary36.
86%Financials17.
58%CommunicationServices15.
85%ConsumerStaples12.
99%InformationTechnology4.
92%HealthCare4.
71%Industrials3.
63%RealEstate1.
63%Utilities1.
09%Materials0.
73%15.
85%17.
58%12.
99%4.
92%4.
71%3.
63%1.
63%1.
09%0.
73%36.
86%INDEXMETHODOLOGYTheindexisbasedontheMSCIGlobalInvestableMarketIndexes(GIMI)Methodology—acomprehensiveandconsistentapproachtoindexconstructionthatallowsformeaningfulglobalviewsandcrossregionalcomparisonsacrossallmarketcapitalizationsize,sectorandstylesegmentsandcombinations.
Thismethodologyaimstoprovideexhaustivecoverageoftherelevantinvestmentopportunitysetwithastrongemphasisonindexliquidity,investabilityandreplicability.
TheIndexselectsthelargest50securitiesfromChinarankedbytheirfree-oatadjustedmarketcapitalization.
Additionally,theIndexutilizesa10/50concentrationconstraintwherebytheweightofeachgroupentityintheIndexiscappedat10%andthecumulativeweightofallgroupentitieswithaweightinexcessof5%doesnotexceed50%oftheIndexbyweightTheIndexisreviewedquarterly—inFebruary,May,AugustandNovember—withtheobjectiveofreectingchangeintheunderlyingequitymarketsinatimelymanner,whilelimitingundueindexturnover.
DuringtheMayandNovembersemi-annualindexreviews,theIndexisrebalancedandthelarge,midandsmall-capitalizationcutoffpointsarerecalculated.