摩根AC世界指数是什么意思?

The Morgan Stanley Capital International All Country World Free Index ("AC World")
　　represents the foreign stocks of 49 countries in Africa, Asia, Australia, Europe, North America and South America. MSCI began a new investment methodology of calculating the reinvestment of dividends on a daily basis for this index effective 12/31/98. The returns shown reflect this change.

　　MSCI All Country World Free Index
　　Morgan Stanley Capital International's market capitalization-weighted index composed of companies representative of the market structure of 47 Developed and Emerging Market countries in the Americas, Europe/Middle East, and Asia/Pacific Regions. The index is calculated without dividends or with gross dividends reinvested, in both US Dollars and Local. The MSCI ACW Free Index excludes closed markets and those shares in otherwise free markets which are not purchasable by foreigners. Countries include:

　　Argentina
　　Hungary