From the Trijicon FAQ page: http://www.trijicon.com/faq.cfm
- What bullet was used to calibrate the ACOG scopes?
The TA01, TA11, & TA31 (.223) were designed for the 5.56mm, 20 inch barrel, 55 grain bullet, and M16/AR15 carry handle mount. The TA01B & TA11C(.308) were designed for the 7.62mm, 20 inch barrel, 168 grain bullet, and M16/AR15 carry handle mount. The TA01NSN was designed specifically for the US Special Operations Command SOPMOD M4 Carbine. To meet their requirements, the reticle bullet drop compensator and range finding stadia lines were based on the trajectory of the 62 grain bullet from a 14.5 inch barrel, flattop mount (Picatinny rail Mil.Std.1913).
Now, perhaps a dozen or more type-specific ACOGs have come out since this was initially printed, and it hasn’t been changed. If the above doesn’t tell you what you need to know, you’re best served calling in to Trijicon and confirming what round your BDC is tuned for.
This is one of the biggest disconnects when it comes to ACOGs. They were designed with military use in mind, and there’s isn’t a single First World military in the world that fights in yards, as evidenced by the fact that military maps utilized by the ground combat element are all gridded out in meters. The BDC is in meters, which are not the same measure, and the difference gets greater with farther distances. 100m is 109yd, or 27’ of difference. Not much impact on the nearer side, but it pretty relevant in a hurry.
Blue-water Navy still uses yards on their charts, but they’re generally not plinking at each other’s hulls with carbines. Plus, screw those guys. 
It absolutely has a 300 meter aimpoint (top of the BDC, the tip of the vertical red line), so you go for 300m (328yd), or utilize the 300m mark at a 300yd target, and know that you will print high, by around 2-3", depending on ammo type. Something like .5" high @ 325yd.
Or, you use the 300m aimpoint @ 300yds, then shoot at other distances to see how far off on the reticle, as designed, you are.
I based the above on an SR-16 w/M855 @ 2900fps, with a sight height of 2.755" (TA31RCOM4, stock TA51 rail mount). How high for another gun/ammo combo can be determined by punching your ammo’s specifics into a ballistic calculator.