MSCI Korea Minimum Volatility Index (KRW)

The MSCI Korea Minimum Volatility (KRW) Index aims to reflect the performance characteristics of a minimum variance strategy applied to the large and mid cap Korean equity universe. The index is calculated by optimizing the MSCI Korea Index, its parent index, in KRW for the lowest absolute risk (within a given set of constraints). Historically, the index has shown lower beta and volatility characteristics relative to the MSCI Korea Index.