It appears frontier markets are the "new" EM, going forward. I currently own WAFMX and previously held TRAMX . I always keep my eyes open to new and better alternatives. Not meaning performance chasing, but improving risk/reward, volatiltiy
We have a continent that is largely at peace," says Oliver Bell, the lead manager of T. Rowe Price Africa & Middle East TRAMX , pointing to a map of Africa that shows just three hot spots on the continent versus one next to it that shows 20 in the same
wealth funds total $1.5 trillion. Dubai is also attractive. The mutual funds for these frontier markets include TFMAX, TRAMX and also the tiny ETFs GULF, MES . Pg M9, Yields : Leveraged bank-loans are attractive now at 5.1% yield and average
yr low) in spite of SA’s recent inclusion in the World EM Bond Index. Quoted are the portfolio managers of TEMRX and TRAMX who are selective about the SA sectors. Pg M11, Yields : The effects of QE3 [ real or perceived ] are already visible – unemployment
corruption and lack of education and jobs. Banks, consumer sector and telecom look attractive. Mentioned are mutual funds NAFAX, TRAMX , HLFMX . Note that the MSCI Frontier Market Africa Index +31% YTD. Pg M8, Europe: Airbus parent European Aeronautic Defense
08 Crash, but did not. M* is still non-commital about investing in TRAMX . And it still lags its benchmarks. Even so, it is improving, and has ..... Any of you out there actually have money committed in this fund, TRAMX ?
I know this is one star fund. However, I was not able to find anything in Frontier markets which I can DCA into for next 5-10 years. I have seen and read that the frontier markets are not correlated to S&P and could help in international diversification longterm. Thoughts/opinions.