FYI: Emerging market funds are in full bloom.
Despite a looming rate rise by the Federal Reserve, a strong U.S. dollar and uneven performance among emerging markets, exchange-traded funds that track the space have sprung to life since the start of April.
Of roughly a dozen ETFs that follow emerging markets, the average fund is up in the mid- to high-single digits this year, beating the U.S. stock market that is higher by only 2.2%.
What’s causing the outperformance? China is a big factor.
Regards,
Ted
http://blogs.wsj.com/moneybeat/2015/05/26/emerging-market-etfs-ride-china-wave/tab/print/
