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MSCI ACWI Index



MSCI ACWI Indexes offer a modern, seamless, and fully integrated approach to measuring the full equity opportunity set with no gaps or overlaps. MSCI ACWI represents the Modern Index Strategy and captures all sources of equity returns in 23 developed and 24 emerging markets.

Download the MSCI ACWI index brochure



 



1 As of Dec 31, 2016, as reported on March 31, 2017 by eVestment, Morningstar and Bloomberg.
 
 
MSCI ACWI Index market allocation
 
 

 

 

 

 

 

 

 

 

 

 

 

 

 

Historical research has shown that investment outcome success is predominately determined by the allocation decision process.2

  • Investors are increasingly looking beyond their home market toward the full global equity opportunity set as the starting point for their investments
  • Allocation decisions that start with the full opportunity set can be adjusted based on investor goals, expertise, philosophy and constraints
  • Not considering the full opportunity set can introduce unintended bets and biases/risks, and can be an investment decision in itself


2 G. Brinson, L. Randolf Hood and G. Beebower. (1986). ”Determinants of Portfolio Performance.” Financial Analysts Journal, July/August.



MSCI ACWI:  IT ONLY TAKES ONE INDEX TO CAPTURE THE WORLD

Using an index in the investment process that accurately and consistently measures
the full opportunity set is key to fully understanding and capturing all unique drivers
of risk and return.


MODERN

Evolves to measure and capture equity markets as they exist today. Our indexes are built using an innovative maintenance methodology that provides superior balance between the need for a stable index that is flexible enough to adjust quickly to a constantly changing opportunity set. We provide timely and consistent treatment of corporate events and synchronized rebalancings, globally.
 

SEAMLESS

Covers the full opportunity set and all its segments, including GICS® sectors. All of MSCI’s indexes are created using the Global Industry Classification Standard (GICS®), an industry classification system developed by MSCI and S&P Global, which provides a common framework to classify stocks. They offer exhaustive coverage of the investable opportunity set with non-overlapping size and style segmentation.
 

INTEGRATED

Consistent methodology for every market. Where other providers use either a long- or short-term liquidity measure to assess the eligibility of stocks for their indexes, MSCI uses both, recognizing the differences in liquidity between developed and emerging markets and enhancing the investability and replicability of our indexes. MSCI puts strong emphasis on investability and replicability of its indexes through the use of size and liquidity screens.

 
MSCI ACWI INDEX DAILY PERFORMANCE

FLAGSHIP BENCHMARKS
  • MSCI ACWI:  Covers more than 2,400 securities across large and mid-cap size segments and across style and sector segments in 47 developed and emerging markets.
    Performance | Factsheet
  • MSCI ACWI Investable Market Index (IMI):  Covers more than 9,000 securities across large, mid and small-cap size segments and across style and sector segments in 47 developed and emerging markets.
    Performance | Factsheet
  • MSCI ACWI All Cap Index:  Covers more than 14,000 securities and includes large, mid, small and micro-cap size segments for all developed markets countries plus large, mid and small-cap size segments for emerging markets.
    Performance | Factsheet
APPLICATIONS

The MSCI ACWI Index provides a broad global equity benchmark to support:

  • Asset allocation: Consistent, complete representation that captures the full spectrum of the global equity opportunity set without home bias.
  • Performance measurement and attribution: The industry-leading benchmark for global mandates, with regional, country, sector and other subsets available for more targeted investment mandates.
  • Research: A trusted source for global equity markets and underlying security-level data for sell-side research.
  • Investment product development: May be licensed for use as the basis for structured products and other index-linked investment vehicles, such as ETFs and ETNs.
 
OUR BUILDING BLOCK APPROACH

MSCI ACWI Indexes offer a building block approach with a rules-based, consistent and transparent methodology.

Using MSCI ACWI as a framework to build portfolios helps to avoid unintended bets and risks.

Robust foundation allows investors to measure exposure to all sources of equity returns using a single global framework.

 


MSCI ACWI

MSCI ACWI captures large and mid cap representation across 23 Developed Markets (DM) and 24 Emerging Markets (EM) countries.

MSCI ACWI ALL CAP

The MSCI ACWI All Cap Index captures large, mid, small and micro cap representation across 23 Developed Markets (DM) countries and large, mid and small cap representation across 24 Emerging Markets (EM) countries.

MSCI ACWI IMI

The MSCI ACWI Investable Market Index (IMI) captures large, mid and small cap representation across 23 Developed Markets (DM) and 24 Emerging Markets (EM) countries.

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