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The EFA, or iShares MSCI EAFE Index Fund, is an interesting option for investors looking to explore markets outside of the United States 🌍. It follows the MSCI EAFE index. It includes European countries, Australia, and the Far East.



It is big. Very big. More than $67 billion in assets. It has almost 940 shares. Nestlé, Roche, HSBC... None exceeds 2% of the total.

It seems like a practical way to invest internationally 🚀. Low costs. Good in the long term, perhaps. Japan and the United Kingdom are the heavyweights. France follows them.

Technology is not its strong suit, at least compared to the S&P 500. It leans more towards cyclical sectors. Finance, industry, discretionary consumption 📊. Curious.

The annual fee is 0.33%. Not bad for developed market ETFs. Although... there is the IEFA. Only 0.08% annually 🔥. Tempting.

In short, the EFA offers global diversification. It could be useful for expanding portfolios 🌕. It's not perfect, but it has its appeal.
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