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The Morgan Stanley Capital International (MSCI) Europe, Australasia, and the Far East (EAFE) Index is a representative benchmark used to measure developed country, international equity, stock market performance. The graph above shows the performance in U.S. Dollars of the top 10 countries by weighting in the index as of June 30, 2008, with the United Kingdom having the highest weighting, Japan having the second highest, and so forth. Also included is the gross return of the MSCI Emerging Markets Index, which measures the equity stock market performance of 25 emerging market countries.