Summary
This document is a Benchmark Statement for the Trackers Benchmark Family developed by Morgan Stanley & Co. International Plc (MSIP). It outlines the benchmarks that are classified as Non-Significant under Regulation (EU) 2016/1011. The benchmarks are utilized in financial products and may include equity, currency, interest rate, credit, and commodity instruments. The statement provides key information required by the Regulation, including the methodologies for calculating the benchmarks and the input data used. It details the governance framework for the benchmarks, including the roles of index sponsors and business committees in the approval process. Additionally, the document discusses the limitations of the benchmarks, such as potential market disruptions and the procedures for addressing errors in input data. It also includes information on the consideration of Environmental, Social, and Governance (ESG) factors, noting that the benchmarks do not pursue ESG objectives.
