iShares MSCI EAFE ETF·Financial Services

Contrary to what some Trump officials believe, Europe remains critical to our defense and, indeed, to securing the Free World. Therefore, the sudden, unexpected cancellation of a U.S. Army armor brigade's deployment in Poland raises a deeply disturbing question: Is Washington retreating from Europe?

American investors have a long, painful history of underweighting international stocks.

Buy a broad international fund and you get the world. The good, the bad, and the indebted.

Asian markets fell sharply on Monday after drone strikes in the Gulf reportedly triggered a fire at a nuclear power facility in the UAE, lifting oil prices and reigniting fears over inflation, tighter monetary policy and slower global growth. The renewed geopolitical tensions pushed investors away from equities and into defensive positions, while global bond yields climbed to multi-month highs amid concerns that elevated energy prices could delay central bank easing and even revive the prospect of further interest rate hikes.

American investors have a home-country problem. Roughly 60% of global market capitalization sits in U.S.

Income investors holding iShares MSCI Europe Financials ETF (NASDAQ:EUFN | EUFN Price Prediction) are sitting on a fund that has done two things at once: handed them a roughly 3.5% yield and delivered a 28% one-year return.
The iShares MSCI EAFE ETF seeks to track the investment results of an index composed of large- and mid-capitalization developed market equities, excluding the U.S. and Canada.
Financial Services
Asset Management
2001-08-27
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