MSCI ACWI IMI Value Weighted Index

The MSCI ACWI IMI Value Weighted Index is based on a traditional market cap weighted parent index, MSCI ACWI IMI, which includes large, mid and small-cap stocks across Developed Markets (DM) and Emerging Markets (EM) countries. The MSCI ACWI IMI Value Weighted reweights each security of the parent index to emphasize stocks with lower valuations. Index weights are determined using fundamental accounting data sales, book value, earnings and cash earnings—rather than market prices.