Fund Objective

There is no fund objective available from this fund manager.

View on Past Performance

Emerging markets equities were volatile throughout most of the six-month review period. Fears about the global financial crisis and a US slowdown hit sentiment and many investors moved their money to less volatile areas. Many countries in the region have been affected by big swings in commodity prices. Resource-rich countries, such as Russia and several in Latin America, benefited from rising prices, but saw losses after commodity prices reversed between July and September.Emerging markets are likely to see further volatility as the effects of the global economic slowdown take hold. However, there are reasons for optimism. Levels of debt are low by global standards and government spending on improving infrastructure is boosting domestic demand.

Fund Details