Industry description
The investment seeks to match the performance of the MSCI Europe, Australasia and Far East Index ("MSCI EAFE® Index") as closely as possible before the deduction of fund expenses.
The fund employs a "passive" management, or indexing, approach, which seeks to match approximately the performance of the MSCI EAFE® Index before the deduction of fund expenses. It normally invests at least 80% of its net assets in a statistically selected sampling of securities of companies included in the MSCI EAFE® Index. The MSCI EAFE® Index includes equity securities of large- and mid-cap companies located in Europe, Australia and Asia (including the Far East).