MSCI World Small Cap Minimum Volatility Index (USD)

The MSCI World Small Cap Minimum Volatility (USD) Index aims to reflect the performance characteristics of a minimum variance strategy applied to the small cap equity universe across Developed Markets countries. The index is calculated by optimizing the MSCI World Small Cap 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 World Small Cap Index.