MSCI U.S. Large Cap Growth Index

Definition

The term MSCI U.S. Large Cap Growth Index refers to a composite that includes large cap companies located in the United States with favorable growth profiles.  The MSCI U.S. Large Cap Growth Index is published and maintained by Morgan Stanley Capital International (MSCI).

Explanation

The MSCI U.S. Large Cap Growth Index is a subset of the securities found in the MSCI U.S. Large Cap 300.  The index is designed to measure the performance of the large capitalization companies in the United States equities market that also exhibit an overall growth style. The five variables used when determining if a company exhibits this growth style include: long-term and short-term forward EPS growth rate, current internal growth rate, long-term historical EPS growth, and long-term historical sales per share growth.

First launched on March 27, 2003, the MSCI U.S. Large Cap Growth Index contains approximately 180 constituents and is a subset of the securities found in the MSCI U.S. Large Cap 300, which includes companies that are selected based on float-adjusted market capitalization.  All MSCI market capitalization indexes are fully reviewed at the end of May and November.  Partial reviews take place in February and August.  The performance of this index can be monitored via Bloomberg's real time ticker symbol MZUSLG.

Related Terms

MSCI U.S. Mid Cap Growth Index, MSCI U.S. Mid Cap 450 Index, MSCI U.S. Large Cap Value Index, MSCI U.S. Large Cap 300 Index