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To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. This estimate and the associated information is not intended as a recommendation to invest in any fund, nor is it intended to indicate any correlation between a fund’s ITR metric and its future investment performance.Your Request Originates from an Undeclared Automated Tool Investors should not rely on this metric when making an investment decision and instead should refer to a fund’s prospectus and governing documents. The ITR metric is not an indication or estimate of a fund’s performance or risk. The ITR metric is not a real time estimate and may change over time, therefore it is prone to variance and may not always reflect a current estimate. However, there is no guarantee that these estimates will be reached. The ITR metric estimates a fund’s alignment with the Paris Agreement temperature goal. Where data is not available, and / or if data changes, the estimation methods vary, particularly those related to a company’s future emissions. To the extent that data becomes more readily available and more accurate over time, we expect that ITR metric methodologies will evolve and may result in different outputs.

At present, availability of input data varies across asset classes and markets. There is not a universally agreed upon set of inputs for the calculation. There is not a universally accepted way to calculate an ITR. Review the MSCI methodologies behind Sustainability Characteristics using the links below. For more information regarding a fund's investment strategy, please see the fund's prospectus. Unless otherwise stated in fund documentation and included within a fund’s investment objective, the metrics do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. The metrics are not indicative of how or whether ESG factors will be integrated into a fund. Sustainability Characteristics should not be considered solely or in isolation, but instead are one type of information that investors may wish to consider when assessing a fund. They are provided for transparency and for information purposes only.

Sustainability Characteristics do not provide an indication of current or future performance nor do they represent the potential risk and reward profile of a fund. Alongside other metrics and information, these enable investors to evaluate funds on certain environmental, social and governance characteristics.

Sustainability Characteristics provide investors with specific non-traditional metrics.
