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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

Emerging Markets Fund  

Definition 1.

An international mutual fund that invests in developing countries, such as those in Southeast Asia and Eastern Europe. The economies of many such emerging nations are growing fast, and buying shares in an emerging markets fund offers you a chance to cash in on that growth. But those same countries are also extremely volatile economically and politically, so emerging markets funds tend to be more risky than those that invest in American companies.
 
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