Reflecting the performance of an index whose currency exposures are hedged against a specified currency
The MSCI Hedged Indices are designed to represent a close approximation of the return that can be achieved by hedging the currency exposures of the index in the one-month Forward market at each end of month. In order to construct investable and replicable indices, MSCI Barra calculates the performance of the MSCI Hedged Indices using foreign currency weights and corresponding foreign currency notional amounts as of two business days before the first calendar day of the following month.
MSCI Barra currently provides a range of hedged indices for several Developed Markets regions. MSCI Hedged Indices are also available for the MSCI Developed, Emerging and Frontier Markets, with full or partial hedging, upon client request.
| Region | Currency |
|---|---|
| MSCI Far East Index | USD |
| MSCI EAFE Index | EUR |
| MSCI EAFE + Canada Index | GBP |
| MSCI EAFE ex UK | JPY |
| MSCI EASEA Index (EAFE ex Japan) | AUD |
| MSCI EMU Index | |
| MSCI Europe Index | |
| MSCI Europe ex UK | |
| MSCI KOKUSAI Index (World ex Japan) | |
| MSCI Nordic Countries | |
| MSCI North America Index | |
| MSCI Pacific Index | |
| MSCI Pacific ex Japan | |
| MSCI World Index | |
| MSCI World ex UK | |
| MSCI World ex USA Index |
