- Xtrackers is attempting to tap into concerns about the composition of the MSCI World index
- Will exclusions sacrifice returns?
With a weighting of around 70 per cent to US shares, the MSCI World index and the funds that track it are much less globally oriented than the name suggests. That has long been a source of frustration for investors, and something fund providers are now looking to address.
Xtrackers launched its MSCI World ex USA ETF (EXUS) earlier this month, designed for "investors seeking exposure to the global equity market but who wish to make their allocation to the US equity market separately".