Can some one answer me a emerging market fund question?

[slinetz]

today i checked every emerging coutry's stock index. They all went up a lot (2-6%). But two of my emerging market index fund only went up (1.xx%) veiex and the other one even went down(-0.5xx%) agrax. could some invest guru explain to me why thanks so much.

 

[Taggart]

there are different stocks in the index than in your funds

 

[slinetz]

any more answers?

 

[compnovice]

Originally posted by: Taggart
there are different stocks in the index than in your funds

Most plausible answer...

Also may be they invested in different countries... emerging markets is a vague term....

 

[thirtythree]

Originally posted by: compnovice

Originally posted by: Taggart
there are different stocks in the index than in your funds

Most plausible answer...

Also may be they invested in different countries... emerging markets is a vague term....

You can see the holdings here.

 

[vi edit]

ADRE was down for the day.

As other said, "emerging" is a vague term. Are we talking China? Taiwan? Brazil? Latin America? Africa?

 

[slinetz]

I basically check all the index of these coutries.

http://flagship5.vanguard.com/VGApp/hnw/FundsHoldings?FundId=0533&FundIntExt=INT

It really doesn't add up. today, emerging market's biggest bouce in two years. My index fund only gains 1% and -0.5%. How can it be possible?

 

[vi edit]

Uhhhh....AGRAX is anything BUT an emerging market.

It's got some very large cap holding in there - Ebay, Microsoft, Sony, ect. It's also got AMD which was down today as well.

 

[thirtythree]

Originally posted by: vi_edit
Uhhhh....AGRAX is anything BUT an emerging market.

It's got some very large cap holding in there - Ebay, Microsoft, Sony, ect. It's also got AMD which was down today as well.

VEIEX seems to be pretty large cap too. Though I don't recognize all the "largest holding" companies, I don't think small cap funds typically invest 17.7% in only 10 companies... but I could be wrong.

 

[slinetz]

My god, i lost so much money on holding those stocks. And they don't bounce, they don't see m to move at all...

 

[dman]

Originally posted by: slinetz
today i checked every emerging coutry's stock index. They all went up a lot (2-6%). But two of my emerging market index fund only went up (1.xx%) veiex and the other one even went down(-0.5xx%) agrax. could some invest guru explain to me why thanks so much.

IS the fund in a 401K plan, if so it might be 1day behind (or more) in updating pricing. Otherwise, I'd have to go with others in that yours has different holdings.

 

[slinetz]

it is just a regular invest account. The price changes every day at 3:30 pm pacific time.

 

[alrocky]

Originally posted by: slinetz
today i checked every emerging coutry's stock index.

'Every emerging country's stock index.'? Huh?
Please list some of the mutual funds you are comparing to VEIEX.

 

[slinetz]

Originally posted by: alrocky

Originally posted by: slinetz
today i checked every emerging coutry's stock index.

'Every emerging country's stock index.'? Huh?
Please list some of the mutual funds you are comparing to VEIEX.

You can go here to check many country's stock market
http://quote.yahoo.com/m2?u

 

[alrocky]

VEIEX is an Emerging Market Stock Market Index. The stocks it holds are dissimilar to the stocks held in the Major World Indices that you referenced. Just because the "S&P500" or "Dow Jones" of those foreign countries goes up does not mean that VEIEX will likewise rise.

All emerging market stock index funds will perform similarly, but emerging market (non-index) funds hold stocks in different countries and can perform differently from each other.

AGRAX is not an emerging market fund but a World Stock fund. Over 70% of it's assets are in the US, UK, Japan, France and Germany -- all developed countries.

 

[swai]

dont know anything about your specific fund...

but some overseas funds prices are "corrected"... ie if the asian markets went up 3% today, then an asian market fund may only show a 2% gain