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Emerging Market Funds Sinking Like It's 1998

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  • ".....Market Vectors Gulf States ETF, for example, has gained 21.7% this year, thanks to rising oil prices...."

    That is about double the YTD returns in TRAMX, which is a TRP Africa/Middle East fund. I suppose the lower results in TRAMX are due to its underweighting in oil. It is heavily into financials.
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