50 New MSCI Hong Kong MPF Indices Now Available New Indices Provide Broader and More Diverse Market Coverage Business Wire HONG KONG -- September 30, 2013 MSCI Inc. (NYSE: MSCI), a leading provider of investment decision support tools worldwide, has announced the launch of the MSCI Hong Kong Mandatory Provident Fund (MPF) Indices, which reflect the current investment restrictions imposed on MPF funds by the Hong Kong Mandatory Provident Fund Schemes Authority (MPFA)^1, including the minimum 30% Hong Kong Dollar (HKD) exposure requirement. “Since their inception in 2000, the Hong Kong MPF schemes have grown in size and complexity, so it is not surprising that many participating firms are keen to see more innovation in the provision of relevant MPF indices,” said Theodore Niggli, Managing Director and Head of the MSCI Index Business in Asia Pacific. “In addition to providing an extensive family of MPF indices, we are also introducing a novel index construction methodology that eliminates the need for expensive foreign exchange hedging to comply with the 30% minimum HKD exposure. We believe that the MSCI Hong Kong MPF Indices will be adopted not only for benchmarking purposes, but will also help in the creation of lower cost fund structures.” There are 50 MSCI Hong Kong MPF Indices in total, providing greater global and regional index coverage than currently available in the market today, including MPF indices for the MSCI ACWI, MSCI World and MSCI Emerging Markets Indices. For investors and managers looking to extend their investment universe, the MSCI MPF Domestic Investable Market Indices, covering Hong Kong, China and ACWI, include large, mid and small caps. Three types of indices are available: the MSCI MPF Domestic Indices, the MSCI MPF Hedged Indices and the MSCI MPF Unhedged Indices – each differs in terms of how the MPFA currency exposure requirement is addressed. For example the MSCI MPF Domestic Indices apply a 30% floor with a buffer to the weight of the HKD denominated component, eliminating the need for currency hedging and therefore potentially reducing costs. The MSCI Hong Kong MPF Indices may be licensed for use as benchmarks or as the basis for financial products such as exchange traded funds and structured products. ^1 The MSCI Hong Kong MPF Indices are independently created and maintained by MSCI without input from or involvement or endorsement by the Hong Kong Mandatory Provident Fund Schemes Authority. About MSCI MSCI Inc. is a leading provider of investment decision support tools to investors globally, including asset managers, banks, hedge funds and pension funds. MSCI products and services include indices, portfolio risk and performance analytics, and governance tools. The company’s flagship product offerings are: the MSCI indices with approximately USD 7.5 trillion estimated to be benchmarked to them on a worldwide basis^1; Barra multi-asset class factor models, portfolio risk and performance analytics; RiskMetrics multi-asset class market and credit risk analytics; IPD real estate information, indices and analytics; MSCI ESG (environmental, social and governance) Research screening, analysis and ratings; ISS corporate governance research, data and outsourced proxy voting and reporting services; and FEA valuation models and risk management software for the energy and commodities markets. MSCI is headquartered in New York, with research and commercial offices around the world. ^1As of March 31, 2013, as reported on July 31, 2013 by eVestment, Lipper and Bloomberg For further information on MSCI, please visit our web site at www.msci.cn This document and all of the information contained in it, including without limitation all text, data, graphs, charts (collectively, the “Information”) is the property of MSCI Inc. or its subsidiaries (collectively, “MSCI”), or MSCI’s licensors, direct or indirect suppliers or any third party involved in making or compiling any Information (collectively, with MSCI, the “Information Providers”) and is provided for informational purposes only. The Information may not be reproduced or redisseminated in whole or in part without prior written permission from MSCI. The Information may not be used to create derivative works or to verify or correct other data or information. For example (but without limitation), the Information may not be used to create indices, databases, risk models, analytics, software, or in connection with the issuing, offering, sponsoring, managing or marketing of any securities, portfolios, financial products or other investment vehicles utilizing or based on, linked to, tracking or otherwise derived from the Information or any other MSCI data, information, products or services. The user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. 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The foregoing shall not exclude or limit any liability that may not by applicable law be excluded or limited, including without limitation (as applicable), any liability for death or personal injury to the extent that such injury results from the negligence or willful default of itself, its servants, agents or sub-contractors. Information containing any historical information, data or analysis should not be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. Past performance does not guarantee future results. None of the Information constitutes an offer to sell (or a solicitation of an offer to buy), any security, financial product or other investment vehicle or any trading strategy. You cannot invest in an index. MSCI does not issue, sponsor, endorse, market, offer, review or otherwise express any opinion regarding any investment or financial product that may be based on or linked to the performance of any MSCI index. MSCI’s indirect wholly-owned subsidiary Institutional Shareholder Services, Inc. (“ISS”) is a Registered Investment Adviser under the Investment Advisers Act of 1940. Except with respect to any applicable products or services from ISS (including applicable products or services from MSCI ESG Research, which are provided by ISS), neither MSCI nor any of its products or services recommends, endorses, approves or otherwise expresses any opinion regarding any issuer, securities, financial products or instruments or trading strategies and neither MSCI nor any of its products or services is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. The MSCI ESG Indices use ratings and other data, analysis and information from MSCI ESG Research. MSCI ESG Research is produced by ISS or its subsidiaries. Issuers mentioned or included in any MSCI ESG Research materials may be a client of MSCI, ISS, or another MSCI subsidiary, or the parent of, or affiliated with, a client of MSCI, ISS, or another MSCI subsidiary, including ISS Corporate Services, Inc., which provides tools and services to issuers. MSCI ESG Research materials, including materials utilized in any MSCI ESG Indices or other products, have not been submitted to, nor received approval from, the United States Securities and Exchange Commission or any other regulatory body. Any use of or access to products, services or information of MSCI requires a license from MSCI. MSCI, Barra, RiskMetrics, IPD, ISS, FEA, InvestorForce, and other MSCI brands and product names are the trademarks, service marks, or registered trademarks of MSCI or its subsidiaries in the United States and other jurisdictions. The Global Industry Classification Standard (GICS) was developed by and is the exclusive property of MSCI and Standard & Poor’s. “Global Industry Classification Standard (GICS)” is a service mark of MSCI and Standard & Poor’s. Contact: Media Enquiries: Kristin Meza, MSCI, New York +1-212-804-5330 Jo Morgan, MSCI, London + 44.20.7618.2224 Sally Todd | Christian Pickel, MHP Communications, London + 44.20.3128.8515 MSCI Global Client Service: Asia Pacific Client Service + 852.2844.9333 Americas Client Service 1-888-588-4567 (toll free)/ +1-212-804-3901 EMEA Client Service + 44.20.7618.2222
50 New MSCI Hong Kong MPF Indices Now Available
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