“While [emerging market]equities are generally more volatile than [developed market]equities, beyond BRIC markets may compare favorably to other emerging markets,” according to a EGShares research note.
EMDD country allocations include: Mexico 24.8%, China 14.9%, India 13.9%, South Africa 13.0%, Brazil 13.0%, Indonesia 6.5%, Malaysia 4.2%, Russia 3.4%, Thailand 2.4%, Philippines 1.5% and Chile 1.0%. The fund follows consumer staples, consumer discretionary, telecom, utilities and health care sectors – these sectors are believed to garner a greater portion of revenue from local and infra-emerging-market sales. EMDD has a 0.85% expense ratio.
Individual stock components within each ETF will be limited to 4.9% at the time of purchase.
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Max Chen contributed to this article.