Generally, what's driving performance is technology exposure. |
I think Brazil is going to continue to go up and down. But I don't doubt over some extended time people can make money. |
If you're going to pick a Latin America fund, it's definitely one of the better ones. |
In general, screened investing -- both religious and secular -- is getting more acceptable as investors have a greater desire to make investments that don't conflict with their core values. |
It's not a tame fund. It goes its own way. |
It's part and parcel of the globalization of the world market. |
Most people don't need an emerging market fund, I don't think. That doesn't mean many don't. |
Single country emerging market funds are very volatile. Do you need a Korea fund? The answer is no. Nobody needs a Korea fund. |
Tech is a big part of emerging markets coming back. |
Those kinds of funds only work well for people who don't own a U.S. fund and who are keeping their portfolio simple. |
To a certain extent, the China story is easy to absorb. It's the most populous country in the world; it's moving rapidly up the economic ladder; it's going from bikes to cars. But it's tricky because that doesn't get to the point that a fast-growing economy means your investment is going to do well. |
We had to place at least third to win the title and we had our eyes on this for a while. They performed extremely well today. |
When something goes south in Brazil or Mexico, you're going to get crushed. |
You've got to have a 10- or 15-year horizon on this. |