MSCI Brazil Volatility Tilt Index

The MSCI Brazil Volatility Tilt Index is based on MSCI Brazil Index, its parent index, which includes large and mid-cap stocks of the Brazilian markets. It aims to reflect the performance of a low volatility strategy with relatively high investment capacity. The index is created by tilting the market capitalization weights of all the constituents in the parent index based on the inverse of security price variance and then re-weighting them.