Hedged indices represent the performance of an index of securities where currency exposures affecting index principal are hedged against a specified currency. Currencies for which MSCI provides hedged indices are the U.S. Dollar, the Euro, the Pound Sterling, the Japanese Yen and the Australian Dollar. Hedged Indices are included as part of MSCI's products.

Hedged indices included in MSCI's standard products and are available for all the developed market country indexes and the following regions:

THE WORLD INDEX
NORTH AMERICA
EAFE
EUROPE
EMU
NORDIC COUNTRIES
PACIFIC
FAR EAST
WORLD ex USA
EAFE+CANADA
KOKUSAI INDEX (WORLD ex JAPAN)
EASEA INDEX (EAFE ex JAPAN)
PACIFIC ex JAPAN
WORLD ex UK
EAFE ex UK
EUROPE ex UK