- Emerging markets saw less of a growth drop in 2020 and are leading the developed world, in terms of growth, in 2021 as well.
- The recent G-7 agreements show a willingness among developed countries to hike corporate taxes. This could leave emerging markets with a distinct competitive advantage.
- SCHE's largest country weighting is China, which is seeing growth pick up as the country recovers from Covid-19. Further, the Chinese government has been importing discounted Iranian and Venezuelan crude.
For further details see:
SCHE: I've Been Happy With This Fund For EM Exposure