Investing in Emerging Markets Equity: Which Currency?

Emerging market funds come in a range of currency share classes, so which one's for you?

Holly Cook 1 August, 2013 | 8:00AM

Search for top-rated funds that invest in emerging market equities--as I did for a recent article--and you’ll find 24 fund share classes to choose from. This is a list of multiple share classes of just seven funds, offering investors a broad range of currency options.

It's always safer to invest in a fund with a base currency of your own domestic currency, unless you're deliberately making a bet on forex.

Take Skagen Kon-Tiki, for example. Norwegian fund provider Skagen is yet to be a household name among British investors, but it’s gathering more of a following in the UK and its Skagen Global fund manager was recently nominated for ‘Fund Manager of the Year: Global Equity’ by Morningstar’s pan-European analysts. The firm’s emerging market equity fund, Kon-Tiki, is available denominated in no fewer than seven different currencies: US dollar, sterling, euros, Swiss francs, and all the Scandinavian currencies.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
SKAGEN Global A GBP192.68 GBP-0.30
SKAGEN Kon-Tiki A GBP74.21 GBP-0.44

About Author

Holly Cook

Holly Cook  is Manager, Morningstar EMEA Websites

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