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EAFE index |
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| 7% return for the benchmark Morgan Stanley Capital International EAFE Index of European, Australian, Asian, and Far Eastern companies. Between 1994 and 1998, the average annual return of the EAFE index was about 10%, which lagged behind the S&P 500's 23%. The Morgan Stanley Capital International EAFE Index is a market capitalization weighted index composed of companies representative of the market structure of Developed Market countries in Europe, Australasia and the Far East. |
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