MSCI Multi-Asset Indexes

MSCI PIMFA Equity Risk Index Series

MSCI, in collaboration with the Personal Investment Management and Financial Advice Association (PIMFA), has created the MSCI PIMFA Equity Risk Index Series consisting of five composite indices designed to represent the weightings, and show returns of, selected multi-asset class strategies of UK Wealth firms. The indices can be used to measure and compare portfolio performance in financial product information documents and client portfolio statements.

The indices include weightings of equities, bonds, real estate and “alternative” investments based on the strategic asset allocations (SAA) of PIMFA member firms grouped by the percentage of equities held in the strategies.

Example: For the MSCI PIMFA Equity Risk 2 Index, all SAA’s submitted quarterly by PIMFA member firms that contain allocations to equities of 26% to 46% are grouped, and the median allocations weights to each asset class in those SAA’s calculated to determine the weightings for that composite index.

KEY FEATURES

MSCI PIMFA Equity Risk Index data module contents:

Users can access the returns of the indices by subscribing to the MSCI PIMFA Equity Risk Index data module. The module will include the following:

• Daily index-level returns for each of the five MSCI PIMFA Equity Risk indices, including history from inception (July 2007).
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• The option to view index performance in both Total Return (Net) and Price variants
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• Index-level return data for the component MSCI sub-indices that will be used to represent the asset classes receiving the Committee’s allocations for each MSCI PIMFA Equity Risk index
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• Permission to show the performance of the MSCI PIMFA Equity Risk indices in both public (e.g. product factsheets, research articles) and private (e.g. client portfolio statements) reports

Subscribers may access the data via direct download from MSCI with the intention to make the indices available via third-party market data providers*

*MSCI cannot guarantee data availability by any 3rd party data vendor source as they alone determine the data they will distribute based on client demand.