Countries In the I Fund

[tsptalk]

imported post

I thought this was interesting. Some of these weights surprised me.Look how lowHong Kong is weighted.

 

[Wheels]

imported post

These weightings surprised me too. I thought that China's recent ridiculous run-up was one of the reasons that the I fund was doing so well. Guess not.

 

[Gilligan]

EAFE Index
Country Composition
December 31, 2005
Percent Number of Country of Index*
Europe
Austria 0.4
Belgium 1.1
Denmark 0.8
Finland 1.4
France 9.3
Germany 6.8
Greece 0.6
Ireland 0.8
Italy 3.8
Netherlands 3.4
Norway 0.7
Portugal 0.3
Spain 3.7
Sweden 2.4
Switzerland 6.9
United Kingdom 24.0
Europe 66.5%

Australasia/Far East
Australia 5.2
Hong Kong 1.6
Japan 25.6
New Zealand 0.2
Singapore 0.8
Australasia/Far East 33.5%

Total EAFE Index 100.0%
*Based on the total market value of the country relative to the total market value of the index.
Source: Morgan Stanley Capital International

 

[fabijo]

By using the weight of each country, could one compare the USD against the currency of each country, add them together with their proper weights, and get a pretty accurate idea of how much the currency fluctuations will affect the USD price of the index?

I downloaded the .pdf from Morgan Stanley on how they do their USD pricing of international indices, but it was filled with too many symbols and I haven't really had time to analyze it closely. I wonder if just using the simple weight of each country would make the calculation easier - like something I can put in MS Excel.

 

[Fivetears]

Can't get more current than that Little Buddy.

 

[FundSurfer]

Thought I'd rehash a post I made earlier that discussed the dollar index in relation to the MSCI EAFE. They are a fairly close approximation in weighting.
____________________
I noticed that several of you use different currencies when talking about how the dollar is doing. Just thought I'd post that I use the Dollar index which is fairly close to the MSCI EAFE country distribution:

The NYBOT US Dollar Index (DX) currently has fixed weightings and represents the value
of the US dollar against other G-10 nations. As a result, the index can be decomposed as
follows (as of December 2000):
Country         Weight
Euro            57.6%
Japanese yen    13.6%
British pound   11.9%
Canadian dollar 9.1%
Swedish krona   4.2%
Swiss franc     3.6%
[URL="http://www.nybot.com/"]http://www.nybot.com/[/URL]  goto USDX information > Research Reports > Lining up the DX
 
The MSCI EAFE Weight
COUNTRY         WEIGHT
Euro *          31.6
Japan           25.6%
United Kingdom  24.0%
Switzerland     6.9%
Australia       5.2%
Sweden          2.4%
Hong Kong       1.6%
*Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain
[URL="http://www.msci.com/licensing/eafe_factsheet.pdf#search='msci%20eafe%20country%20weight"]http://www.msci.com/licensing/eafe_factsheet.pdf#search='msci%20eafe%20country%20weight[/URL]
Link for Dollar Index:
[URL="http://quotes.ino.com:801/chart/?s=NYBOT_DX"]http://quotes.ino.com:801/chart/?s=NYBOT_DX[/URL]