EFV

EFV is an exchange-traded fund (ETF), a basket of stocks you buy as a single share. It holds large companies in developed markets outside North America, mainly Europe, Japan, Australia and the UK, and picks those that look cheap compared with their profits and assets. That tilt means it leans heavily toward banks, insurers, energy and industrial firms. Investors pay a small annual fee to the fund manager, iShares, and earn money from share price gains and dividends the companies pay.