Vanguard Emerging Markets Stock Index Fund Admiral Shares (VEMAX)
This fund offers investors a low-cost way to gain equity exposure to emerging markets outside of the United States. The fund tracks the equity returns of 21 emerging market countries, including Brazil, Russia, India, and China. Stocks of companies in emerging markets tend to be more volatile than those in developed countries, which could imply the potential for greater long-term returns. Along with this potential, however, come risks such as currency and political risks. Long-term, risk-tolerant investors who want to diversify their international portfolio may wish to consider this fund.
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