Summary
- Emerging markets have been disappointing overall in 2018, but DEM has been a notable outperformer.
- Its focus on mature dividend-paying companies has provided valuable downside protection in an unexpectedly bearish market.
- History shows that when the P/E divergence between EM and the S&P 500 is as large as it is now, emerging markets have significantly outperformed over the subsequent five years.
- Investors who are scared away from emerging markets based on recent performance and volatility could be making a big mistake.
Read the full article at Seeking Alpha right here: https://seekingalpha.com/article/4209692-dem-still-strong-believer-4-percent-yielder