MSCI ACWI ex USA Volatility Tilt Index

The MSCI ACWI ex USA Volatility Tilt Index is based on MSCI ACWI ex USA Index, its parent index, which includes large and mid-cap stocks across Developed Markets (DM) and Emerging Markets (EM) countries. It aims to reflect the performance of a low volatility strategy with relatively high investment capacity. The indexes are 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.