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New Frontiers: Emerging Markets Funds

Here are some funds that offer diversified exposure to the emerging markets in Europe, Asia, Africa/Middle East, and Latin America. These are taken from the latest BusinessWeek, Dec 28th edition.

Sorted by 2009 Total Return

Easter European Equity (VEEEX)
98% Europe, 1% Asia, 1% Latin America

Fidelity Emerging Europe, Middle East, Africa (FEMEX)
70% Africa/Middle East, 30% Europe

SPDR S&P Emerging Middle East & Africa (GAF)
100% Africa/Middle East

Claymore/BNY Mellon Frontier Markets (FRN)
51% Latin America, 26% Africa/Middle East, 17% Europe, 6% Asia

Templeton Frontier Markets (TFMAX)
50% Africa/Middle East, 25% Asia, 22% Europe, 3% Latin America

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