MSCI ACWI with Developed Markets 100% Hedged to SGD Index

The MSCI ACWI with Developed Markets 100% Hedged to SGD Index represents a close estimation of the performance that can be achieved by hedging the currency exposures of its parent index, the MSCI ACWI Index, to the SGD, the 'home' currency for the hedged index. The index's exposure to developed market country constituents is 100% hedged to the SGD by selling each foreign currency forward at the one-month Forward rate. The parent index is composed of large and mid cap stocks across Developed Markets (DM) countries and Emerging Markets (EM) countries.