Europe, Australasia, Far East (EAFE)
An acronym referring to the geographical area that includes these three regions. These regions represent the most developed areas outside of North America. Investopedia Says:
Owning an index fund comprised of companies from the EAFE area is one way to invest in those international markets. Indexes, such as the MSCI EAFE, are used as a benchmark for North American equity performance. Related Terms:
Europe, Middle East and Africa - EMEA
Exchange-Traded Fund - ETF
Globalization
Index
Index Fund
Morgan Stanley Capital International - MSCI
Passive Management |