Description

The MSCI USA Consumer Discretionary 20-35 Custom Index is designed to mirror the investment performance of a distinct segment of the U.S. equity market. This segment comprises large and medium-sized companies from the United States that fall under the Consumer Discretionary sector, as categorized by the GICS framework. Constituents are weighted based on their free-float adjusted market capitalization. To ensure diversification, the largest single entity in the index is capped at 35%, while all other individual holdings are limited to a 20% weight. A 10% buffer is incorporated into these limits at each quarterly index rebalancing. Comprehensive information on the index, its selection criteria, and weighting methodology is available at https://www.msci.com.