MSCI AC Asia ex Japan Minimum Volatility Index (USD)

The MSCI AC Asia ex Japan Minimum Volatility (USD) Index aims to reflect the performance characteristics of a minimum variance strategy applied to the large and mid cap representation across Developed Markets countries (excluding Japan) and Emerging Markets countries in Asia. The index is calculated by optimizing the MSCI AC Asia ex Japan Index, its parent index, in USD 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 AC Asia ex Japan Index.