The iShares MSCI ACWI Index Fund (ACWI) is an exchange-traded fund (ETF) that seeks to track the performance of the MSCI ACWI Index. The index is designed to measure the performance of the global equity market, including both developed and emerging markets.
The fund holds a diversified portfolio of over 1,200 stocks, including large-cap, mid-cap, and small-cap companies from around the world. The portfolio is weighted based on the market capitalization of each company, with the largest companies having the greatest impact on the fund's overall performance.
Investing in ACWI provides investors with exposure to a broad range of companies and industries from around the world, including those in developed countries like the United States, Japan, and the United Kingdom, as well as emerging markets such as China, India, and Brazil. The fund can provide investors with a convenient and low-cost way to gain exposure to global equity markets.
ACWI is managed by BlackRock, one of the world's largest investment management firms. As of September 2021, the fund has over $29 billion in assets under management and trades on the NASDAQ stock exchange under the ticker symbol ACWI.
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