Investing
Many managers of North American international stock funds use the EAFE as a performance benchmark. For example, Thrift Savings Plan's international fund (I Fund) tracks the net version of this index.
The iShares MSCI EAFE Index fund (NYSE: EFA) is based on this index. It is the fourth-largest ETF in the world. Similarly, the TIAA International Equity Index Fund is also based on the EAFE index. Other options to invest in the EAFE include the Vanguard Developed Markets Index mutual fund (Investor Shares (VDMIX)), and the Vanguard MSCI EAFE ETF (NYSE: VEA).
Read more about this topic: MSCI EAFE
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“After all, the chief business of the American people is business. They are profoundly concerned with producing, buying, selling, investing and prospering in the world.”
—Calvin Coolidge (1872–1933)