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.
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Find out how these worldly offerings can spice up your portfolio. Go International With Foreign Index Funds
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