MSCI Australia IMI Select Minimum Volatility (AUD) Index

The MSCI Australia IMI Select Minimum Volatility (AUD) Index aims to reflect the performance characteristics of a minimum variance strategy applied to the large, mid and small cap segments of the Australian market. The index is calculated by optimizing the MSCI Australia IMI Index, its parent index, for the lowest absolute risk (within a given set of constraints) while using the Australian Dollar as the optimization currency. Historically, the index has shown lower beta and volatility characteristics relative to the MSCI Australia IMI Index.