The iShares MSCI ACWI ETF (All Country World Index) offers investors a convenient and cost-effective way to gain exposure to both developed and emerging markets around the globe. This fund tracks the MSCI All Country World Index, a benchmark index measuring the equity market performance of these markets. The iShares MSCI ACWI ETF is passively managed, meaning it has lower operating expenses and can pass on the savings to investors in the form of lower fees. However, it's important to note that the fund carries some risk and may not be suitable for all investors. Learn more about the iShares MSCI ACWI ETF and whether it's right for your portfolio.