Emerging Market Fund
A mutual fund or exchange-traded fund that invests the majority of its assets in the financial markets of a single developing country or a grouping of developing countries. For the most part, these countries are in Eastern Europe, Africa, the Middle East, Latin America, the Far East and Asia. Investopedia Says:
A developing country is characterized as being vulnerable to political and economic instability, having low average per-capita incomes, and of being in the process of building its industrial and commercial base. The "emerging market" label has been adopted by the investment community to identify developing countries with superior growth prospects. Obviously, potentially rewarding investment opportunities in this category of fund come with relatively high risk. Related Terms:
Country Fund
Emerging Market Economy
Emerging Markets Bond Index - EMBI
Fair Trade Investing
Growth Fund
International Fund
Lesser-Developed Country - LDC
Mutual Fund
World Fund |