when one considers the facts. [] It is only between Global Infrastructure Facility of the World Bank. 1 - Common listed infrastructure indices have a 20% tracking such as S&P and MSCI launched similar indices. set; (iv) readily available price and composition FTSE USA Core Infrastructure Capped Net Tax Index. The UBS World Infrastructure & Utilities Index is no longer in production, however we Global Equities: MSCI World Index. quarterly or annually); leverage ( public includes leverage, private often does not); and composition. Global Infrastructure category to the Lipper Large-Cap Core category as we view Large- Cap 

Feb 28, 2020 All index constituents are categorized in one of thirteen sub-industries according to the Global Industry Classification Standard (GICS®), which  Apr 2, 2019 The MSCI World Core Infrastructure Index captures large and mid-cap securities across the 23 Developed Markets (DM) countries. The Index is  To create diversified exposure, the index includes three distinct infrastructure clusters: energy, transportation, and utilities. Month-End. Factsheet. Global Core Infrastructure 50/50 Index, the Dow Jones Brookfield Global Since infrastructure indexes vary according to their sector composition, THE MSCI WORLD INDEX IN DOWN QUARTERS FOR THE MSCI WORLD INDEX,  Jan 10, 2020 MSCI World Core Infrastructure (USD Hedged)2. Benchmark 2. MSCI World Index (Local) of expenses as described in the prospectus. global infrastructure index and the MSCI World as a global 8) FTSE Global Core Infrastructure Index ('FTSE') FTSE core infrastructure indexes – factsheet. The index provider has decided to discontinue the Macquarie Global the Fund has decided to replace this index with the FTSE Global Core Infrastructure Index. share price movements may have a greater affect on the overall value of this fund. MSCI Weighted Average ESG Score The MSCI Weighted Average ESG 

global infrastructure index and the MSCI World as a global 8) FTSE Global Core Infrastructure Index ('FTSE') FTSE core infrastructure indexes – factsheet.

The MSCI World Core Infrastructure Index captures large and mid-cap securities across the 23 Developed Markets (DM) countries*. infrastructure activities. Spain, Sweden, Switzerland, the UK and the US. The MSCI World Core Infrastructure Index was launched on Jan 16, 2015. The MSCI World Infrastructure Index captures the global opportunity set of companies that are owners or operators of infrastructure. assets. Constituents are selected from the equity universe of MSCI World, the parent index, which covers mid and large cap securities. across the 23 Developed Markets (DM) countries*. MSCI ACWI INFRASTRUCTURE INDEX (USD) MSCI ACWI INFRASTRUCTURE INDEX The MSCI ACWI Infrastructure Index captures the global opportunity set of companies that are owners or operators of infrastructure assets. Constituents are selected from the equity universe of MSCI ACWI, the parent index, which covers mid and large cap securities MSCI global quarterly private infrastructure index (unfrozen) The MSCI Global Quarterly Private Infrastructure Index (Unfrozen) measures the equity performance of infrastructure assets globally. Currency movements are excluded from return metrics. The Index returned 11.8% in the year to Q3 2018. Learn more

The Lazard Global Listed Infrastructure Fund returned 4.02% (net of fees) in January, outperforming both the MSCI World Core Infrastructure 100% Hedged to AUD Index, which returned 3.32%, and the MSCI World Local Currency Index, which returned -0.25% for the same period. Contributors to Performance

iShares MSCI World ETF Fact Sheet as of 12/31/2019 The iShares MSCI World ETF seeks to track the investment results of an index composed of developed market equities. WHY URTH? 1Exposure to a broad range of developed market companies around the world 2Access to the developed world in a single fund MSCI World Industrials Index - The Index is a free float-adjusted market capitalization-weighted index that is designed to measure the industrials sector performance of 23 developed markets around the world. S&P Composite 1500 Industrials Index - The Index is a capitalization-weighted index of companies classified by GICS as industrials within iShares Core MSCI World UCITS ETF (USD) The figures shown relate to past performance. Past performance is not a reliable indicator of future results and should not be the sole factor of consideration when selecting a product or strategy. iShares Core MSCI EAFE ETF Fact Sheet as of 12/31/2019 The iShares Core MSCI EAFE ETF seeks to track the investment results of an index composed of large-, mid- and small-capitalization developed market equities, excluding the U.S. and Canada. WHY IEFA? 1Exposure to a broad range of companies in Europe, Australia, Asia, and the Far East

Benchmark (%) Index: S&P Global Infrastructure Index: 25.75 4.24 4.90 5.27 25.75 34.20 31.36 92.57 41.91 After Tax Pre-Liq. (%) Return after taxes on distributions. Assumes fund shares have not been sold. 25.20 3.87 4.52 5.01 25.20 32.37 28.54 85.19 36.19 After Tax Post-Liq. (%) Return after taxes on distributions and sale of fund shares. 16.24 2.84

index provider and recommends that all information be verified on the provider's MSCI World ex USA High Dividend Yield FTSE Global Core Infrastructure net effects of index- and trading-related factors on the passive components of the. The MSCI World Core Infrastructure Index captures large and mid-cap securities across the 23 Developed Markets (DM) countries*. infrastructure activities. Spain, Sweden, Switzerland, the UK and the US. The MSCI World Core Infrastructure Index was launched on Jan 16, 2015. The MSCI World Infrastructure Index captures the global opportunity set of companies that are owners or operators of infrastructure. assets. Constituents are selected from the equity universe of MSCI World, the parent index, which covers mid and large cap securities. across the 23 Developed Markets (DM) countries*. MSCI ACWI INFRASTRUCTURE INDEX (USD) MSCI ACWI INFRASTRUCTURE INDEX The MSCI ACWI Infrastructure Index captures the global opportunity set of companies that are owners or operators of infrastructure assets. Constituents are selected from the equity universe of MSCI ACWI, the parent index, which covers mid and large cap securities MSCI global quarterly private infrastructure index (unfrozen) The MSCI Global Quarterly Private Infrastructure Index (Unfrozen) measures the equity performance of infrastructure assets globally. Currency movements are excluded from return metrics. The Index returned 11.8% in the year to Q3 2018. Learn more MSCI Europe Infrastructure Index (EUR) MSCI Europe Infrastructure Index (EUR) | msci.com The MSCI Europe Infrastructure Index captures the global opportunity set of companies that are owners or operators of infrastructure assets. Constituents are selected from the equity universe of MSCI Europe, the parent index, which covers mid

MSCI World Industrials Index - The Index is a free float-adjusted market capitalization-weighted index that is designed to measure the industrials sector performance of 23 developed markets around the world. S&P Composite 1500 Industrials Index - The Index is a capitalization-weighted index of companies classified by GICS as industrials within

Benchmark (%) Index: S&P Global Infrastructure Index: 25.75 4.24 4.90 5.27 25.75 34.20 31.36 92.57 41.91 After Tax Pre-Liq. (%) Return after taxes on distributions. Assumes fund shares have not been sold. 25.20 3.87 4.52 5.01 25.20 32.37 28.54 85.19 36.19 After Tax Post-Liq. (%) Return after taxes on distributions and sale of fund shares. 16.24 2.84 The MSCI World Core Infrastructure Index (the “Infrastructure Index”) captures large and mid-cap securities across the 23 developed market countries. The Infrastructure Index is designed to represent the performance of listed companies within the developed markets that are engaged in core industrial infrastructure activities. The Lazard Global Listed Infrastructure Fund returned 4.02% (net of fees) in January, outperforming both the MSCI World Core Infrastructure 100% Hedged to AUD Index, which returned 3.32%, and the MSCI World Local Currency Index, which returned -0.25% for the same period. Contributors to Performance The FTSE Infrastructure Index Series is a comprehensive set of indexes designed to reflect the performance of listed infrastructure and infrastructure-related listed securities worldwide. The series includes the FTSE Core Infrastructure Index, FTSE Core Infrastructure 50/50 Index, and the FTSE Infrastructure Opportunities Index.

Jan 10, 2020 MSCI World Core Infrastructure (USD Hedged)2. Benchmark 2. MSCI World Index (Local) of expenses as described in the prospectus.