Page 80 - MayDefComp

Disclosures The MSCI EAFE Value Index is a subset of the widely recognized, unmanaged MSCI EAFE Index and constituents of the Index include securities from Europe, Australasia, and the Far East. The MSCI All Country World Index (ACWI) is an unmanaged index representative of stocks domiciled in global developed and emerging markets, including the United States. The MSCI All Country World Index (ACWI) ex USA is an unmanaged index representative of stocks domiciled in global developed and emerging markets, excluding the United States. stocks from the Developed and The FTSE World Index is an unmanaged