About MDIIX
The iShares MSCI EAFE International Index Fund Investor A Shares is a mutual fund designed to closely track the performance of the MSCI EAFE Index. This benchmark encompasses large- and mid-cap companies across developed markets outside of North America, specifically targeting Europe, Australasia, and the Far East. The fund’s portfolio represents a diverse array of global leaders in sectors such as technology, healthcare, finance, and consumer goods, with notable holdings including major firms like Novo Nordisk, SAP, ASML, Nestlé, and Roche. By replicating the index, the fund provides investors with broad exposure to established international companies, aiming for performance in U.S. dollars with net dividends reinvested. The fund features a low net expense ratio, reflecting its efficient, passively managed approach. Its role in the financial market is to offer a convenient, cost-effective avenue for diversification beyond the U.S., making it a foundational component for investors seeking international equity exposure within a well-established framework.
Fund Family BlackRock
Category Foreign Large Blend
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol MDIIX
Index MSCI EAFE NR USD
MDIIX had a total return of 21.80% in the past year, including dividends.
Since the fund's inception, the average annual return has been 5.57%.
