Some Emerging Market Open-End Funds - dummies

By Consumer Dummies

If you’re considering mutual funds as a way to play in emerging markets, the following list is for you! This list has several emerging market funds, grouped by the companies that issue them. These firms have a lot of international investing expertise. This list is hardly exhaustive, nor is it an endorsement; it’s just a place for you to start your research:

  • Aberdeen: Aberdeen is the U.S. subsidiary of an asset management firm based in the United Kingdom. It has several load funds that invest in emerging markets. Funds include the Aberdeen China Opportunities Fund, Aberdeen Emerging Markets Fund, and Aberdeen Asia-Pacific (ex-Japan) Equity Institutional Fund.

  • Fidelity: As the world’s largest mutual fund company, Fidelity has 31 no-load international funds, including several committed to emerging markets. Funds include the Fidelity China Region Fund; Fidelity Emerging Europe, Middle East, Africa Fund; Fidelity Emerging Markets Fund; Fidelity New Markets Income Fund; and Fidelity Southeast Asia Fund.

  • Franklin Templeton: Franklin Templeton was one of the first mutual fund companies to make a big commitment to emerging markets. The company offers several load-carrying international funds, most of which invest in the world’s new economies. Funds include the Templeton BRIC Fund, Templeton China World Fund, Templeton Emerging Markets Small-Cap Fund, and Templeton Frontier Markets Fund.

  • T. Rowe Price: This company offers a full range of no-load funds that invest in almost any market you can think of. T. Rowe Price has 20 mutual funds, several of which invest in emerging markets with blessedly self-explanatory names. Funds include the T. Rowe Price Africa and Middle East Fund, T. Rowe Price Emerging Europe Fund, T. Rowe Price Emerging Markets Bond Fund, T. Rowe Price Emerging Markets Stock Fund, T. Rowe Price Latin America Fund, and T. Rowe Price New Asia Fund.

  • Vanguard: Vanguard doesn’t have deep international expertise. What the company is good at is low-cost index mutual funds, designed to mimic the performance of one of the world’s many market benchmarks. The Vanguard Emerging Markets Stock Index Fund, based on the MSCI Emerging Markets Index, is an easy way to get the return of the index in mutual fund form.