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Europe, Australia, Far East
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   Also found in: Acronyms, Wikipedia 0.01 sec.
Europe, Australia, Far East
The regions containing most major markets outside North America. The MSCI EAFE Index tracks securities in Europe, Australia, and the Far East and is considered a major indicator of the direction of global markets.


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More aggressive investors can replace the cash with the iShares MSCI EAFE exchange-traded fund, which invests in global developed markets, says Tom Wilson, a managing director in Brinker Capital's institutional investment and private client group.
Meanwhile, one index that has been overlooked by some investors due to lagging performance in recent years is the EAFE (Europe, Australasia and the Far East).
The second new fund is the E*Trade International Index Fund, which will attempt to match the performance of the EAFE Free Index.
 
 
 
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