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MSCI Upgrade Watch MSCI FRONTIER MARKET: Pre-Kuwait's upgrade to EM COUNTRY WEIGHTS 8.39% 9.4% 11.65% 15.05% Kuwait 21.68% Vietnam 15.05% Morocco 11.65% Nigeria 9.4% Romania 8.39% Other 33.84% 13 Source: MSCI FM 100, FiinPro 33.84% • Vietnam's MSCI FM 100 weight would increase to ~29%. 21.68% Classified: Public • Vietnam upgrade to EM? Possibly 1H22... |VinaCapital

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