Barclays Launches First All-World Stock ETF
By Journal of Indexes Staff

Related ETFs: ACWI

U.S. consumers looking for a true all-world fund got one March 28, as Barclays Global Investors launched the world's first all-world ETF.

The iShares MSCI ACWI Index Fund (NASDAQ: ACWI) tracks an index of 2,884 different stocks from developed and emerging markets in every investable market in the world.
At the end of 2007, the U.S. represented 42 percent of the underlying index, Europe comprised 31 percent, emerging markets 11 percent, Japan 8.5 percent and Canada 4 percent.

The new fund carries an expense ratio of 0.35 percent, and offers investors their first shot at one-stop shopping: No more home bias, rebalancing or anything else.