- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Favorite Emerging Markets Managers?
Posted on 5/8/16 at 3:50 pm
Posted on 5/8/16 at 3:50 pm
Emerging markets have been a tough play over the past few years. That being said, I feel like if you are a long-term investor you will be greatly rewarded in EM. Does the board have any favorite EM funds? I feel like EM is not a place that you would want index exposure. Any input would be appreciated.
1
Posted on 5/8/16 at 4:45 pm to Billder
You should look up the Bloomberg Master's In Business podcast and listen to the interview with John Bogle...emerging markets are discussed.
Posted on 5/8/16 at 7:17 pm to cwill
I own EMF. Templeton I think is good. I like closed end funds at a large historical discount.
Posted on 5/8/16 at 7:23 pm to bovine1
Do you feel safe with that low volume? It's around 25,000 per day
Edit: I own VWO, but I bought too early at $38
Edit: I own VWO, but I bought too early at $38
This post was edited on 5/8/16 at 8:23 pm
Posted on 5/8/16 at 8:19 pm to cwill
Cliffs?
Posted on 5/9/16 at 8:27 am to bovine1
Good info guys. Thanks.
Bovine1, EMF looks very aggressive but compelling. Looks to be a good dollar-cost average play. On this specific fund, what discount would be an attractive entry point? Thanks again!
Bovine1, EMF looks very aggressive but compelling. Looks to be a good dollar-cost average play. On this specific fund, what discount would be an attractive entry point? Thanks again!
Posted on 5/9/16 at 4:01 pm to Lou Pai
You have enough exposure to EM within a US index fund...US companies are international and their participating...plus it's safer. He really thinks chasing EM's are fools gold and overtime you will lose.
Posted on 5/9/16 at 4:03 pm to cwill
For Emerging market index funds you have to have an entry and exit point in my opinion.
Posted on 5/9/16 at 6:03 pm to LSUtoOmaha
EMF is currently trading at a 11.51% discount. The 6 month avg. is 11.3%. The 3 yr. avg. is 9.06%. The largest discount recently was 13.34% in August 2015. I hope this is helpful. The low trading volume in a CEF doesn't bother me.
Posted on 5/9/16 at 9:55 pm to bovine1
I own VWO also. The January low on EMF was $8.65. I am basically a mean reverter. Anytime the discount is near it's bottom I get interested. That generally means the CEF involved is currently out of favor or the class itself is out of favor or both. As a contrarian mean reverter this is when I get interested. Usually I expect to be early and average down. You have to know your personality and figure that in when deciding when to enter. I'm currently looking at oil producers and fertilizer miners. GMO is one of my favorite sites because they are also basically mean reverters. Check out their 7 yr forecasts. Their two best projected categories are emerging stocks and timber.
Posted on 5/10/16 at 2:20 pm to bovine1
quote:
I own VWO also. The January low on EMF was $8.65. I am basically a mean reverter. Anytime the discount is near it's bottom I get interested. That generally means the CEF involved is currently out of favor or the class itself is out of favor or both. As a contrarian mean reverter this is when I get interested. Usually I expect to be early and average down. You have to know your personality and figure that in when deciding when to enter. I'm currently looking at oil producers and fertilizer miners. GMO is one of my favorite sites because they are also basically mean reverters. Check out their 7 yr forecasts. Their two best projected categories are emerging stocks and timber.
Awesome info. That strategy sounds like an effective one. I will do some more digging. Thanks!
Posted on 5/10/16 at 3:05 pm to bovine1
It is trading at a discount to what baseline, exactly?
Thanks
Thanks
Posted on 5/10/16 at 4:46 pm to LSUtoOmaha
Discount to it's Net Asset Value.
Posted on 5/10/16 at 8:57 pm to cwill
Bloomberg has some really informative podcasts for my commute. Thanks!
Posted on 5/10/16 at 9:34 pm to bayoubengals88
Morningstar is a good site for CEF info.. They track the discounts which is very helpful.
Posted on 5/10/16 at 11:49 pm to bayoubengals88
Happy to help...also recommend The audiobook Super Forcasters by Philip Tetlock. He was an interview guest on the podcast. You'll realize how many pundits and market predictors are completely full of shite.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News