MSCI North America Minimum Volatility Index (EUR)

The MSCI North America Minimum Volatility (EUR) Index (optimized in EUR) aims to reflect the performance characteristics of a minimum variance strategy applied to the large and mid cap USA and Canada equity universe. The index is calculated by optimizing the MSCI North America Index, its parent index, 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 North America Index.