Funds That Bet on Booming Emerging Markets
Gubler concedes that the smaller companies can be volatile. To limit risk, the fund stays broadly diversified, holding more than 100 stocks. In addition, the portfolio managers own some big blue chips to provide stability during the periods when emerging markets sink. But the Causeway managers say that many of their best stocks have been small companies that benefit from the rush of emerging markets consumers to join the middle class.