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For Emerging-Market Bond Exposure, These Funds Are Tops
These three are good funds, especially Fidelity. Great long-term manager. But if the dollar has a period of extended weakness, funds that employ local currencies will do much better. Unfortunately, and typically, M* lumps all EM bond funds together. Local currency funds look weak by comparison. They WILL have their day in the sun, so don't ignore the value and direction of the dollar when you own EM bonds.
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