November 2025 Index Client Solutions Newsletter

This document is a newsletter that presents the performance recap of various indexes as of October 31, 2025. It details the year-to-date (YTD) and five-year annualized returns for different market cap, sector, and factor indexes. The report indicates that the EMU leads with a 35.3% YTD gain, followed by Emerging Markets at 33.6%. Enhanced Value factors are highlighted as outperforming across major regions. The newsletter also discusses the performance of thematic indexes, noting that the Blockchain Economy index achieved a YTD return of 69.9%. Additionally, it outlines trends in structured products, including growing interest in alternative assets and the launch of new MSCI-linked ETFs. The document further covers insights from recent MSCI conferences, emphasizing the role of AI in investment strategies and the demand for climate-aligned benchmarks. Overall, it summarizes key market trends and developments relevant to index clients.