Vanguard FTSE All-World ex-US Small-Cap provides exposure to both developed- and emerging-markets small caps, while WisdomTree offers a dividend-focused ETF and a currency-hedged ETF.
And they do so without more risk, relative to international large-cap funds.
Passively managed funds are a viable option thanks to low fees.
The largest fund affected is Vanguard FTSE Emerging Markets ETF, whose fee is falling by 17%.
Some readers carve out specialized emerging-markets stakes, while others are content with the indirect route.
Although a cap-weighted strategy is low-cost, it does make large bets in risky areas.
Foreign-stock funds and dividend-payers are top destinations for new IRA contributions.
Why an upgrade of Korea and Taiwan to developed markets could generate capital gains.
Seven intriguing new funds to add to your watch list.