Read and review commentaries written by Morningstar experts. These observations and insights are specific to Mutual Funds.
3 Routes to Emerging-Markets Bond Exposure
Amid a mixed start to 2021, here are three compelling options for a stake in the sector.
by Sam Kulahan, CFA | 2021-06-21 04:00:00
Following a rebound over the last nine months of 2020, emerging-markets bonds have had a shaky start to 2021. The JPMorgan EMBI Global Diversified Index, which tracks U.S.-dollar-denominated emerging-markets sovereign debt, dropped 4.5% during the first quarter under pressure from rising U.S. rates and inflation concerns. While the index has begun to climb back as rates have stabilized and global growth expectations have improved, it remains in negative territory, with a 0.5% fall over the year to date through June 18, 2021. Weakness in emerging-markets currencies relative to the U.S. dollar has left local-currency emerging-markets sovereign debt worse off; the JPMorgan GBI-EM Global Diversified Index declined 3.8% over the same period.Despite the mixed start to the year, emerging-markets debt could be an attractive option. While the i… Full Story
8 of Our Favorite Little Funds
Here are some under-the-radar gems.
by Russel Kinnel | 2021-06-18 04:00:00
We spend most of our time here talking about the big funds you are likely to own, but we cover thousands of funds, and you don't want to miss out on those that are lesser-known but may fit a need for you. I screened for Morningstar Medalists with net assets below $200 million in order to surface some funds you might not have noticed.It's an interesting mix of niche and broad-reaching funds. Three are even world-stock funds. Although world-stock funds are excellent core funds, they don't always draw much money because some investors prefer to keep control over their foreign- and domestic-stock allocations rather than let world-stock managers adjust that mix. The funds here all tap well-resourced teams that serve more than just the one fund, meaning you are not getting short-changed on management by picking these smaller funds.Full Story
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Mutual Funds: Commentary
Commentary
Read and review commentaries written by Morningstar experts. These observations and insights are specific to Mutual Funds.
3 Routes to Emerging-Markets Bond Exposure
Amid a mixed start to 2021, here are three compelling options for a stake in the sector.
8 of Our Favorite Little Funds
Here are some under-the-radar gems.
3 Routes to Emerging-Markets Bond Exposure
8 of Our Favorite Little Funds
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3rd Party Research Disclosure /public-10:12:6
Market Data Disclosure