EZU - Ishares Msci Emu Index
iShares MSCI EMU Index Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the European Monetary Union (EMU) markets, as measured by the MSCI EMU Index (the "Index").
The Index seeks to measure the performance of the Euro Zone equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.
Component companies are adjusted for available float and must meet objective criteria for inclusion to the index, taking into consideration unavailable strategic shareholdings and limitations to foreign ownership. MSCI rebalances their indexes quarterly.
Further information: http://us.ishares.com/product_info/fund/overview/EZU.htm