FYI: ( For those of you who are not aware David Snowball was Marla Brill's gatekeeper on her mutual fund website.)
For most of the last few years, investors have largely ignored emerging market stocks as the prolonged and positive momentum of the U.S. economy and healthy corporate earnings reports kept them satisfied with stocks closer to home.
Over the five years ended August 31, the annualized return for the MSCI Emerging Markets Index was 5.3%, while the S&P 500 returned 14.4%.
Regards,
Ted
https://www.fa-mag.com/news/are-emerging-market-etfs-getting-frothy-35389.html?print
Comments
http://www.morningstar.com/cefs/xnys/emf/quote.html