These funds seek capital appreciation by investing in foreign equities. Typically, these funds will have less than 20% of assets invested in U.S. stocks.
Abbreviation: FS
Broad Asset Class: International Equity
Primary Index: MSCI EAFE NDTR_D
Secondary Index: MSCI WORLD xU.S. NDTR_D
Notes:
This category will be replaced by five new foreign style-based categories for the performance period ending September 30, 2003. The new categories are Foreign Large Value, Foreign Large Blend, Foreign Large Growth, Foreign Small/Mid Value, and Foreign Small/Mid Growth. These five categories reflect the range of investing styles found in the Foreign Stock category and will completely replace that category.
Morningstar will automatically replace the existing Foreign Stock category with the new Foreign Large Blend category in users' saved searches, lists, portfolios, benchmarks, and custom benchmarks.