EFA

The iShares ISHARES MSCI EAFE ETF (EFA) is an exchange-traded fund (ETF) that tracks the performance of the MSCI EAFE Index. The fund is managed by iShares and was launched in 2001.

The MSCI EAFE Index is a market-capitalisation-weighted index that measures equity market performance in 21 developed markets outside of North America, spanning Europe, Australasia, and the Far East. It is the most widely used benchmark for international developed-market equity exposure.

EFA is a passively managed index ETF that seeks to replicate the holdings and performance of its benchmark with low tracking error. It is suitable for investors seeking broad, low-cost market exposure.

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