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Emerging Market Fund |
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Emerging Market Fund A mutual fund that invests predominantly or exclusively in the securities of a developing country or a group of developing countries. Emerging market funds may concentrate in a region, such as the Middle East, or in a given industry, such as oil in emerging markets. Emerging market funds tend to be volatile as they are heavily exposed to political risk. However, they offer the possibility of a high return because at least some emerging markets, notably Eastern Europe, experienced high growth in the 1990s. See also: BRIC. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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