While this is scenario isn't guaranteed to repeat if global stocks surge, year to date, ACWV is beating its traditional equivalent, the iShares MSCI ACWI
ETF (NASDSAQ: ACWI).
TTI is one of the constituent stocks of the Hang Seng Index, FTSE Developed Index and MSCI ACWI
The investment trust's NAV total return in the six month period was 16.7%, which matched its benchmark, the MSCI ACWI
They beat, by 1.8 percent, a passive 60 percent allocation to the MSCI ACWI
Index and a 40 percent allocation to the Bloomberg Barclays Global Aggregate over the last two decades on an annualized basis net of fees.
In June 2019, the Kingdom of Saudi Arabia will be included in the MSCI Emerging Markets Index, the MSCI ACWI
Index and other applicable regional and international indexes.
"MSCI will temporarily treat any securities of companies exhibiting unequal voting structures as ineligible for addition to the MSCI ACWI
Investable Market Index and MSCI US Investable Market 2500 Index," the company said in a statement.
Another State Street offering, the SPDR MSCI ACWI
Low Carbon Target ETF, takes a different approach.
Premiums paid for this insurance product will be invested in FWD's new Global US Dollar Equity Index Fund which closely tracks the total return of the MSCI All Country World Index (MSCI ACWI
The all-equity portfolio comprises 50 stocks designed to maximize diversification and closely track the MSCI ACWI
The MSCI ACWI
, an index of 46 stock markets in the world, rose 0.2 percent to a record high.
In comparison, the MSCI ACWI
lost 2.4% for the year and the Barclays U.S.