MSCI EAFE Index definition
Examples of MSCI EAFE Index in a sentence
The MSCI EAFE Index is a capitalization-weighted index from a broad range of industries chosen for market size, liquidity and industry group representation.
Derivatives are financial instruments whose value is derived from another security, a currency or an index, including but not limited to the MSCI EAFE Index.
Under normal circumstances, the Fund seeks to invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in non-U.S. equity securities and equity-like instruments of companies that are components of, or have characteristics similar to, the companies included in the MSCI EAFE® Index and derivatives that are tied economically to securities of the MSCI EAFE Index.
However, the beta of the Fund may be higher than the MSCI EAFE Index.
Because the S&P 500® Index (Price Return Index), the ▇▇▇▇▇▇▇ 2000® Index (Price Return Index) and the MSCI EAFE Index (Price Return Index) are each comprised of a collection of equity securities, in each case the value of the component securities is subject to market risk, or the risk that market fluctuations may cause the value of the component securities to go up or down, sometimes rapidly and unpredictably.
Fee: 0.00% (0 bps) Benchmark: MSCI EAFE Index Ticker: BROKX The fund is invested in the Vanguard Total International Stock Index Fund and seeks to track the performance of a benchmark index that measures the investment return of stocks issued by companies located in developed and emerging markets, excluding the United States.
Fixed Income U.S. Equities Int'l Equities Real Estate The portfolio seeks to track the investment results of an index composed of large- and mid-capitalization developed market equities, excluding the U.S. and Canada, the MSCI EAFE Index (the portfolio’s underlying index).
The market benchmark for measuring investment performance for the Adviser is the MSCI EAFE Index.
Performance Objective for Sub-Advisor: ------------------------------------- The Sub-Advisor is expected to achieve a competitive rate of return over a time horizon of three to five years and/or a complete market cycle, relative to the MSCI EAFE Index and/or other funds in its peer universe.
As of May 31, 2019, the MSCI EAFE Index comprised of 913 issuers with market capitalizations ranging from approximately $1.1 billion to $303.1 billion.