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- MSCI ESG Focus Indexes
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- Índices MSCI Mexico Select Momentum Capped & Mexico Select Risk Weighted
- Additional Index Profiles
MSCI adaptive hedge indexes banner
MSCI adaptive hedged indexes
MSCI adaptive hedged indexes
FLEXIBLE HEDGING APPROACH THAT ADAPTS TO CHANGING MARKET ENVIRONMENTS
All investors are exposed to currency risk when investing internationally. Investors who allocate to global equity portfolios may be exposed to currency risk as a result of fluctuations in exchange rates. Those wishing to minimize currency impacts often hedge their foreign currency risk without altering their underlying equity exposure. Fully-hedged indexes may be used by those seeking to remove the direct impact of currency from their equity asset allocations.
However, currency fluctuations can also sometimes increase the returns from investments in a foreign currency. Investors may wish to benefit from these currency movements, which can often be sharp. The MSCI Adaptive Hedge Indexes use versions of four well-known currency indicators – Value, Momentum, Carry and Volatility to determine systematically the level of hedging to be applied to each foreign currency in the index.
A RULE-BASED DECISION TO HEDGE, NOT TO HEDGE, OR PARTIALLY HEDGE
PERFORMANCE, FACTSHEETS AND METHODOLOGY
MSCI Adaptive Hedge Indexes Methodology
MSCI EMU Adaptive Hedge to USD Index
MSCI EAFE Adaptive Hedge to USD Index
MSCI Japan Adaptive Hedge to USD Index
ADDITIONAL INSIGHTS AND RESEARCH
Research Insight
Currency Hedging: Adapting to Volatility (April 2016)
Research Blog
Should You Hedge Your Foreign Currency Exposure?
Currency Hedging: Adapting to Volatility
Review of Returns Across Asset Classes – First Quarter 2016
Investor Insight
MSCI Adaptive Hedge Indexes: Flexible Hedging Approach That Adapts to Changing Market Environments
Research insight
Research insight
Currency Hedging: Adapting to Volatility.
In the past, institutional investors largely ignored currency hedging in their international equity portfolios. With the globalization of the equity portfolio and recent market volatility, they no longer can afford to do so.
Investor insight
Investor insight
MSCI Adaptive Hedge Indexes
All investors are exposed to currency risk when investing internationally. Investors who allocate to global equity portfolios may be exposed to currency risk as a result of fluctuations in exchange rates.
Issue brief
Issue brief
Why Currency Hedging Matters.
This issue brief explores the effects of currency on foreign investments and why currency returns and currency hedging matter