MSCI launches Ex Tobacco Involvement Indexes

MSCI, a leading provider of indexes and portfolio construction and risk management tools and services for global investors, announced today the launch of a suite of Global Ex Tobacco Involvement Indexes. The new indexes are free float-adjusted market capitalization weighted indexes designed to be used as a benchmark for investors who seek to exclude stocks involved in tobacco production. The indexes exclude all companies classified as producers of tobacco and also exclude companies deriving 5 percent or more aggregate revenue from distribution, retail and supply of tobacco related products.