Join        Login             Stock Quote

Where The 'Dean Of Emerging Markets' Says You Should Invest

 July 07, 2011 10:41 AM

Do you remember the old commercials for brokerage firm E.F. Hutton back in the 1970s and early 1980s? They always ended with the announcer saying, "When E.F. Hutton talks, people listen."

In every advertisement, a pair of affluent-looking friends or co-workers would be discussing investments in some noisy setting, like at a party or on a city sidewalk. As soon as one of them delivered the line, "My broker is E.F. Hutton, and E.F. Hutton says...," there'd suddenly be total silence and the camera would pan back to show everyone within earshot leaning over, straining to hear.

That's exactly how it is now for another investment guru who has far outlasted E.F. Hutton, which ended up merging itself out of existence more than 20 years ago. This expert, widely considered the "Dean of Emerging Markets," is the executive chairman of the emerging-markets group at Templeton Investments, where he has worked for nearly 25 years. He oversees about $50 billion in a variety of diversified and region-specific mutual funds that cover the entire emerging-markets spectrum.

I'm referring to Mark Mobius.

It's easy to see why Mobius has the "E.F. Hutton effect" on people when you check out the performance of the mutual funds he manages. The closed-end funds Templeton Dragon (NYSE: TDF) and Templeton Emerging Markets (NYSE: EMF), for instance, have returned an average of 20% and 17.6% a year, respectively, in the past 10 years. The open-end fund Templeton China World A (TCWAX) has averaged a 17.3% return in the same period.

These funds invest mainly in more advanced emerging markets such as China, Brazil, India and Taiwan, to name a few. If you like emerging markets, but don't want to own individual stocks and prefer areas where sustained growth seems much more certain, then consider the Templeton funds I mentioned above. Oppenheimer Developing Markets (ODMAX) and DFA Emerging Markets Portfolio (DFEMX) are two other top-notch possibilities.

Next Page >>123
iOnTheMarket Premium


Comments Closed

rss feed

Latest Stories

article imageWill The Sluggish US Housing Market Perk Up This Year?

Housing remains a weak spot for the US economy, as suggested by yesterday’s news of a bigger-than-expected read on...

article imageThe Only Homebuilders To Own Right Now

Now is the time to invest in the housing market, but you must be read on...

article imageUS Economic Growth Slows in Q4

US GDP growth fell short of expectations in last year’s fourth quarter, the government reports. National read on...

article imageReversals After a Gap on the Open Could Mean Anything

Yesterday stock indexes gapped up on the open but then reversed course to close sharply lower. This type of read on...

Popular Articles

Daily Sector Scan
Partner Center

Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.