To start 2023, the emerging markets story commanding the most attention is China. That makes sense because that is the largest developing economy, and stocks there are rebounding after the country shed its coronavirus restrictions.
However, investors shouldn’t sleep on India — itself one of the largest developing economies. In fact, India is the third-largest Asian economy, trailing only China and Japan. A variety of U.S.-listed exchange traded funds provide exposure to Indian stocks with one of the more seasoned country-specific options being the WisdomTree India Earnings Fund (EPI).
The $768.31 million EPI celebrates its 15th birthday next week, and while that’s a milestone unto itself, the ETF merits a look this year for more tangible reasons.
Fidelity Emerging Markets Limited (LON:FEML) is an investment trust that aims to achieve long-term capital growth from an actively managed portfolio made up primarily of securities and financial instruments providing exposure to emerging markets companies, both listed and unlisted.