World Markets 2011

The U.S. equity market was a stand-out in 2011, a year in which many of the world’s stock markets plunged.

All foreign returns are from MSCI single country indexes. To construct a country index, MSCI identifies every listed security in the market. Securities are free float adjusted, classified in accordance with the Global Industry Classification Standard (GICS(r)), and screened by size, liquidity and minimum free float. The U.S. is measured by the S&P 500. You cannot invest in an index.

The MSCI Australia Index is free float-adjusted, market capitalization that is designed to measure the performance of the large and mid cap segments of the Australia market. The MSCI Brazil Index is a free-float-adjusted, market capitalization-weighted index that is designed to measure the equity market performance of the Brazilian market. The MSCI Canada Index is a free float-adjusted, market capitalization index designed to measure the performance of the large and mid cap segments of the Canada market.  The MSCI China Index is designed to measure the performance of the top 85% of the securities by market capitalization in the Chinese equity markets. The MSCI France Index is a capitalization-weighted index that seeks the measure the performance of the France equity market.  The MSCI Germany Index is a capitalization-weighted index that seeks to measure the performance of the Germany equity market.  The MSCI India Index is a free float-adjusted, market capitalization index designed to measure the market performance of the India market. The MSCI Japan Index is a free float-adjusted, market capitalization index designed to measure the performance of the large and mid cap segments of the Japan market.  The MSCI Mexico Investable Market Index is a capitalization-weighted index that measures the performance of the Mexican equity market.  The MSCI Russia Index is a free-float adjusted, market capitalization weighted index that is designed to measure the Russian equity market. The MSCI UK Index is a capitalization-weighted index that seeks to measure the performance of the British equity market. The MSCI South Africa Index is a capitalization-weighted index that seeks to measure the performance of the South African equity market.

Past performance does not guarantee future results.