MSCI ACWI IMI: A Comprehensive Global ETF

MSCI ACWI IMI: A Comprehensive Global ETF

faz.net

MSCI ACWI IMI: A Comprehensive Global ETF

The MSCI ACWI IMI is an index fund offering broad global equity market exposure, including small-cap stocks. It's compared to the MSCI World, and ETF options are discussed.

German
Germany
Germany InvestmentEtfDiversificationGlobal MarketIndex Fund
MsciSpdrEnvestorFrankfurter Allgemeine SonntagszeitungApple
Ali Masarwah
What is the MSCI ACWI IMI and what makes it unique?
The MSCI ACWI IMI is a market capitalization-weighted index that aims to represent 99% of the global investable equity market. It includes small-cap stocks, unlike its predecessors, offering broader diversification.
How does the MSCI ACWI IMI differ from the MSCI World?
The MSCI ACWI IMI index includes nearly 9000 companies, covering a much wider range of stocks than the MSCI World, which only includes companies from developed markets. It is considered a more comprehensive representation of the global equity market.
How has the performance of the MSCI ACWI IMI compared to the MSCI World?
While the MSCI ACWI IMI offers better diversification by including small-cap stocks, its performance has been slightly below that of the MSCI World recently. However, long-term differences are minimal.
What are the ETF options available for investors seeking exposure to the MSCI ACWI IMI?
The choice of ETFs tracking the MSCI ACWI IMI is limited for private investors. SPDR offers two such funds with reasonable fees, but other providers are scarce.
What is the proportion of small-cap stocks in the MSCI ACWI IMI, and what is the significance of this?
Small-cap stocks account for about 5% of the MSCI ACWI IMI. This is considered an acceptable level for those seeking broad market exposure with minimal effort, according to Ali Masarwah of Envestor.