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Investing Glossary:
Emerging markets fund
Copyright 2009,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
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| Definition: |
| A mutual fund that invests primarily in countries with developing economies (that is, those that are becoming industrialized). Emerging markets funds tend to be more volatile than domestic Stock funds due to Currency fluctuation and political instability. Consequently, fund prices can fluctuate dramatically.
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