This Emerging Market ETF May Be Popular, but at a Price
Retail investors are smarter than institutions when it comes to this fund.
What Is an ETF?
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Would you pay $1,000 for the original iPhone?
Of course you wouldn't. But that's basically what some institutional investors do all the time when they use exchange traded funds—and why retail investors may be ahead of the curve.
Nowhere is this on greater display than in the emerging markets. After spending half a decade in the performance doghouse, broad emerging markets indexes have risen steadily this year and are up about 6 percent as of April 27.