Great!
So I wonder if someone understands the logic behind the mix of the equities part?
To me the inconsistencies seem so random. For example,
- as @Wolverine points out, some countries are missing entirely, like Canada, while some are mixed in in tiny parts (e.g. Pacific ex Japan).
- Then there is the EM IMI index (IMI meaning it includes a small part of mid and small caps), while no small caps are included anywhere else (except in the tiny swiss index)
- the choice for Europe with just 50 shares making up the stoxx 50 is a weirdly concentrated choice among so many more diverse European indices to choose from.
- mix of distributing and accumulating, why?
Basically it looks like an ACWI (ca 10% EM) with weird inconsistencies thrown in.
Any explanations?