Status: Regional Indexed Funds

Fund on basis of companies in The MSCI EAFE (NYSE: EFA) is a stock market index of 'foreign' stocks, from the perspective of a North American investor. The index is market capitalization weighted (meaning that the weight of securities is determined based on their respective market capitalizations.) The index targets coverage of 85% of the market capitalization of the equity market of all countries that are a part of the index. It is maintained by Morgan Stanley Capital International; the EAFE acronym stands for "Europe, Australasia, and Far East".

The index includes a selection of stocks from 21 developed markets, but excludes those from the U.S. and Canada. The index has been calculated since 31 December 1969, making it the oldest truly global stock index. It is probably the most common benchmark for 'foreign' stock funds.

(Of course, in the above, 'foreign' is from the point of view of investors in the United States and Canada; there are also "World ex Europe", "World ex Japan", etc., designed for use by investors in other parts of the world looking to invest outside their home country or region.)

Included following companies in different business sectors:

Toyota Motor Corp. 7203
Takeda Pharmaceutical Co. Ltd
Honda Motor Co. Ltd.
Mitsubishi Tokyo Financial Group Inc
Mizuho Financial Group Inc.
Canon Inc.
Sony Corp.
Matsushita Electric Industrial Co. Ltd.
Tokyo Electric Power Co. Inc.
Sumitomo Mitsui Financial Group Io
NTT DoCoMo Inc.
Nissan Motor Co. Ltd.
Nippon Telegraph & Telephone Corp.
Nomura Holdings Inc.
Millea Holdings Inc.
UFJ Holdings Inc.
Hitachi Ltd.
Yamanouchi Pharmaceutical Co. Ltd.
East Japan Railway Co.
Mitsubishi Corp.