Morningstar, Inc. Commentaries
Dec 13, 2013
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Emerging-markets funds have historically played a small (or even nonexistent) role in most investors' portfolios, but as the developed world remains in a no- to low-growth holding pattern, investors have increasingly turned to riskier assets in an effort to meet their investment goals. Despite a recent slowdown in some previously faster-growing emerging economies, Gross domestic product growth relative to the United States and much of Europe remains strong. China, for example, logged 9%-10% growth from 2009 to 2011 and, though 2012 GDP grew at a slower 7.8%, that's 3.5 times the 2.2% GDP growth rate in the U.S.