As a retired person who relies on dividends/distributions for a substantial portion of our income, I try to stick with sectors that I know. Global and/or emerging market stocks are close to the bottom of my comfort list; however, I realize that any well-rounded portfolio should include some of each. In the case of the Protected Principal Retirement Portfolio ((PPRP)), my target allocation for these sectors is about 15 percent (10 percent global equity and/or income and five percent in emerging markets).
At present, all of my global holdings are contained within a few closed-end