MSCI EMU Minimum Volatility Index (EUR)

The MSCI EMU Minimum Volatility (EUR) Index aims to reflect the performance characteristics of a minimum variance strategy applied to the large and mid cap representation across Developed Markets countries in the European Economic and Monetary Union (EMU). The index is calculated by optimizing the MSCI EMU Index, its parent index, in EUR 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 EMU Index.