The iShares MSCI EAFE ETF seeks to provide investment results that correspond to the price and yield performance of publicly traded securities in the European, Australasian, and Far Eastern markets, as measured by the MSCI EAFE® Index.
The Index has been developed by MSCI as an equity benchmark for international stock performance. It is a capitalisation-weighted index that aims to capture 85% of the (publicly available) total market capitalisation.