Hot Emerging-Markets funds that might cool off

Diversified emerging-markets funds had a solid rather than an exceptional year in 2023. While the MSCI World Index—which focuses on the United States and other developed markets—gained 23.8 per cent last year, the MSCI Emerging Markets Index returned 9.8 per cent.

Thus, it’s not surprising that the average diversified emerging-markets fund returned 12.4 per cent in 2023 versus 18.2 per cent for the typical global large-stock blend fund (and 22.4% for the average large-blend fund).

The Daily Times: Read More