MSCI ACWI investment & finance definition

The Morgan Stanley Capital International All Country World Index, a free float-adjusted market capitalization index that is designed to measure equity-market performance in the developed and emerging markets throughout the world. There were 49 developed- and emerging-market country indices included in the MSCI ACWI as of April 2002: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, the Czech Republic, Denmark, Egypt, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Jordan, Korea, Malaysia, Mexico, Morocco, the Netherlands, New Zealand, Norway, Pakistan, Peru, Philippines, Poland, Portugal, Russia, Singapore, South Africa, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, the United Kingdom, the United States, and Venezuela.