The MSCI World Next Industries (the Index) takes exposure to the stocks in the MSCI World Index and a global selection of names which aim to represent large and mid-cap equity performance across developed and emerging market countries with emphasis on the materials and industrials sectors, using the MSCI World Next Industries Fixed Basket Tilted Capped index (as per the table below).
The index is designed to target a volatility of 12.5% with a monthly return cap of 4% per month.
| Component Index |
Weight |
| MSCI World Index |
70% |
| MSCI World Next Industries Fixed Basket Index |
30% |
