As of Oct. 18, 2021, S&P Dow Jones Indices (S&P DJI) and MSCI Inc. (MSCI) decided to consult with members of the investment community on potential changes to the GICS structure, which will likely be announced in March 2022 and become effective in March 2023. The review was intended to ensure that the GICS structure is reflective of today’s markets and continues to be an accurate and complete industry framework. The consultation began on Oct. 18, 2021, and ends on Feb. 18, 2022. Exhibit 1 summaries the topics for the GICS Change Consultation.
This analysis has been prepared by the Index Research & Design team of S&P Dow Jones Indices LLC (“S&P DJI”). S&P DJI maintains an organizational/operating structure that separates commercial functions from analytical functions. As such, the Research & Development team will not have access to any final changes that may arise out of the GICS Change Consultation until that information is made publicly available.