We recommend investing in countries which are high in economic freedom and low in debt and deficit.
Here we compare these countries against the foreign EAFE Index using the iShares MSCI EAFE ETF (EFA) for the past three months.
In July 2013, Northern European countries averaged 9.05% and pulled the EAFE Index up slightly.
In August 2013, iShares MSCI United Kingdom (EWU) dropped only -0.43% pulling the EAFE Index up slightly. The United Kingdom is the second largest component of the EAFE Index at 20.86%.
In September 2013, iShares MSCI Japan (EWJ) returned 8.30% pulling the EAFE Index up slightly. Japan comprises 21.26% of the EAFE Index. It is the largest component of the EAFE Index.