One very interesting emerging market fund I like is a newcomer to the ETF scene. It’s the WisdomTree Emerging Markets Corporate Bond (EMCB). This fund invests in emerging market corporate debt, which means you get corporate bonds issued by some of the best companies in the emerging market space.
The uniqueness of this fund is that it’s actively managed, and that means the mix of corporate bonds is altered as the manager sees fit. The fund is essentially flat over the past several months, but its holdings do produce a 5% yield. If you want a more unconventional way to play the emerging markets, this is it.