(Global Equity ex US) Plus Composite contains fully discretionary segregated portfolios that invest in global equity markets with the exception of North America and for comparison purposes is measured against the MSCI EAFE
The MSCI EAFE
Index consists of the following 21 developed market country indices: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.
All three WisdomTree ETFs constructed as alternatives to funds tracking the MSCI EAFE
Index - DWM, DOL and DIM - outperformed the EAFE
Index by an average of 6.
1%) while the S&P 500 and EAFE
gained more than 30% and more than 20% respectively.
The hypothesis that movements in economic indicators for CLI contains useful information concerning subsequent movements in different asset classes was back-tested using 6 assets: US stocks, EAFE
stocks, bonds, gold, real estate and commodities.
and international indexes, including the Standard & Poor's 500, Russell 3000, MSCI EAFE
, and MSCI ACWI.
Similarly, the correlations of ECC members with the EAFE
have also increased for pre-Euro and post-Euro.
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
For example, it found that, after making adjustments for currency exchanges, Morgan Stanley's EAFE
(Europe, Australia, and Far East) index performed no better for the past 25 years than its American index counterpart, the Standard & Poor's 500.
Currency Index is an index designed to measure the total return of currencies of the MSCI EAFE
Index constituents, weighted by their country weights.
MSCI Inc, a leading provider of investment decision support tools worldwide, announced today that Brandes Investment Partners, LP, a leading investment advisory firm with more than USD 27 billion under management, has selected the MSCI World Mid Cap Index and the MSCI EAFE
Mid Cap Index as benchmarks for the Brandes International Mid Cap Equity strategy and the Brandes Global Mid Cap Equity strategy.