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
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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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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
SKAGEN Global A GBP228.19 GBP1.43Rating
SKAGEN Kon-Tiki A GBP96.49 GBP0.61Rating

About Author

Holly Cook

Holly Cook  is Manager, Morningstar EMEA Websites

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