This is a new “emerging-market” ETF. Very broadly diversified. These hold low beta stocks so there is less volatility than what is in the market. This means the expected return is likely to be lower as well.
Low volatility emerging-market is like an oxymoron! Volatility is a big part of emerging markets and it’s why you go there. Thinks emerging markets is next year story, 2nd half of 2014. He would just go for the cheapest emerging market that you can get such as iShares MSCI Emerging-Market (EEM-N).
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(A Top Pick September 4/12. Up 12.21%.) If you are able to stomach volatility, this will give you similar returns, but with less risk along the way.