The MSCI EAFE (NYSE: EFA) is a stock market index of foreign stocks, from the perspective of a North American investor. The index is market capitalization weighted (meaning that the weight of securities is determined based on their respective market capitalizations.) The index targets coverage of 85% of the market capitalization of the equity market of all countries that are a part of the index. It is maintained by Morgan Stanley Capital International; the EAFE acronym stands for "Europe, Australasia, and Far East". The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... A comparison of three major stock indices: the NASDAQ Composite, Dow Jones Industrial Average, and S&P 500. ... Morgan Stanley Capital International Inc. ... Australasia Australasia is a term variably used to describe a region of Oceania: Australia, New Zealand, and neighbouring islands in the Pacific Ocean. ...

The index includes a selection of stocks from 21 developed markets, but excludes those from the U.S. and Canada. The index has been calculated since 31 December 1969, making it the oldest truly international stock index. It is probably the most common benchmark for foreign stock funds. In investing, developed markets are those countries that are thought to be less risky. ... is the 365th day of the year (366th in leap years) in the Gregorian calendar. ... Also: 1969 (Stargate SG-1) episode. ...

List of countries

Australia, Austria, Belgium, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, United Kingdom

Weights of countries

Europe (excluding United Kingdom) 46.5% Japan 21.2 United Kingdom 23.1 Pacific (excluding Japan) 9.2

Annual Returns

See also

• MSCI World