Transaction costs would have reduced the total returns. These risks include political and economic uncertainties of foreign countries, as well as the risk of currency fluctuations. These risks are magnified in countries with emerging markets, since these countries may have relatively unstable governments and less-established markets and economies. We do not imply approval of listed destinations, warrant the accuracy of any information set out in those destinations, or endorse any opinions expressed therein. The author is not a financial advisor, and the material presented is for informational purposes only and does not imply an endorsement of the funds mentioned or products advertised.
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