Where is your index Putin its money?

In July, MSCI the creator of many popular indices created two new indices that invest globally while excluding Russian companies. This highlights the difficult nature of an index fund which includes multiple countries. In a global world with many suspect heads of state, it is important to peel back a layer and see what you actually own. Russian markets have actually done well after stumbling last year but are likely to be volatility as the world watches the KGB cowboy in Moscow.