FYI: Nearly half of emerging-markets debt funds are less than three years old, bringing the total of open-end and exchange-traded offerings to around 110 today. Given this, investors are faced with a lot of unproven choices. They also have many different approaches to consider as the makeup of the emerging-markets debt universe has changed over the past decade. Today this group contains four approaches that come with varying levels of credit, interest rate, and currency risk.
Regards,
Ted
http://news.morningstar.com/articlenet/article.aspx?id=661913