MSCI Australia Minimum Volatility Index (AUD)

The MSCI Australia Minimum Volatility (AUD) Index aims to reflect the performance characteristics of a minimum variance strategy applied to the large and mid cap Australian equity universe. The index is calculated by optimizing the MSCI Australia 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 Australia Index.