MSCI World High Dividend Low Volatility Index

The MSCI World High Dividend Low Volatility Index (‘the Index’) is constructed by combining regional indices: MSCI North America High Dividend Low Volatility Index, MSCI Europe High Dividend Low Volatility Index and MSCI Pacific High Dividend Low Volatility Index. All the regional indexes are designed to represent the performance of securities with high dividend yield and quality characteristics and are inverse volatility weighted to achieve lower volatility.