The index includes 3300 stocks from 47 countries, both in developed and emerging markets, and is part of FTSE's All World Ex-US series. The largest country weighting is to Japan at 19%, followed by the UK at 16%. The biggest single stock constituent is Yamana Gold, based in Canada, which represents 0.5%. Investors can take either a long or short position on the fund. Management fees are charged at 0.38%.
Vanguard launches ETF tracking MSCI EAFE Index