MSCI ACWI ex Japan Equal Weighted Index

The MSCI ACWI ex Japan Equal Weighted Index represents an alternative weighting scheme to its market cap weighted parent index, MSCI ACWI ex Japan. However, at each quarterly 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.