Thanks
Dave
We like EEM; it is a large and mid cap emerging market fund with $25B in assets and fees of 0.69%. YTD return is 11.6%, five-year only 0.87% as emerging markets have been weak with the strong US dollar (this is changing now). Its holdings look solid. China is 27% of the fund currently. We would be very comfortable with it for emerging markets exposure. ZEM in Canada is quite similar, with $1.2B in assets, lower fees (0.28%) but weaker ST performance (YTD 8.4%) but better longer term (5 yr 1.72%). Note some of this performance difference is simply currency related as ZEM trades in C$ and EEM in US$ so the Cad/US spread can impact returns.