This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

MSCI Announces New License For MSCI ACWI Investable Market Indices

MSCI Inc. (NYSE: MSCI),  a leading provider of investment decision support tools worldwide, including indices, portfolio risk and performance analytics and corporate governance services, announced that its MSCI ACWI IMI ex US, MSCI EAFE IMI and MSCI Emerging Markets IMI Indices will serve as the basis for the international equity components of iShares’ Core Series of Exchange Traded Funds (ETFs). The iShares Core Series, the launch of which was announced on October 15, 2012, is a suite of products offering a family of domestic and international equity and U.S. fixed income ETFs. Included in the launch are three international equity ETFs: iShares Core MSCI Total International Stock ETF, iShares Core MSCI Emerging Markets ETF, and iShares Core MSCI EAFE ETF.

Baer Pettit, Managing Director and Head of MSCI’s Index Business, said, “We are delighted that iShares has chosen MSCI indices as the basis for this exciting new series of ETFs. The licensing of these indices will enable iShares to further broaden its product offering beyond ETFs based on our standard family of indices. We look forward to continuing to work with iShares in the future.”

Mark Wiedman, Managing Director and Global Head of iShares, said, “All three iShares Core international equity ETFs track segments of the flagship MSCI ACWI Investable Market Index (IMI), providing investors access to some of the broadest exposure available in the global equity universe today. MSCI is the predominant choice of professional investors and we’re pleased to deepen our relationship with them through the introduction of these new products using their indexes to help deliver high quality portfolio construction to all investors small and large.”

iShares selection of MSCI further broadens the range of MSCI indices linked to iShares ETFs. Many of iShares’ existing ETFs, including such large ETFs as iShares MSCI Emerging Markets ETF and iShares MSCI EAFE ETF, track indices from MSCI’s standard family. The standard family of indices is comprised of global large and mid-cap equities, and a number of indices within the standard family, such as MSCI EAFE, MSCI Emerging Markets and MSCI Europe, are among the world’s mostly broadly followed by institutional investors. While MSCI’s licensing fees for use of its ACWI IMI indices as the basis of the Core Series ETFs are lower than its current blended average licensing fee with iShares, the terms of MSCI’s licenses with respect to existing ETFs were not amended.

1 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community


Chart of I:DJI
DOW 17,630.27 +189.68 1.09%
S&P 500 2,093.25 +25.61 1.24%
NASDAQ 5,089.2060 +49.43 0.98%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs