MSCI Australia IMI Equal Weighted Index

The MSCI Australia IMI Equal Weighted Index represents an alternative weighting scheme to its market cap weighted parent index, the MSCI Australia IMI Index. The index includes the same constituents as its parent (large, mid and small cap securities from Australian markets). However, at each rebalance date, all index constituents are weighted equally, effectively removing the influence of each constituent's current price (high or low). Between rebalances, index constituent weightings will fluctuate due to price performance.