Grace Wong of CNNMoney.com provides information on emerging funds that might be worth considering for diversifying your portfolio. These are:

Morgan Stanley Capital International Market Index which has had returns of 235 percent since the end of 2002.

T. Rowe Price International Emerging Markets Stock Fund.

Lazard Emerging Markets Fund.

SSgA Emerging Markets Fund which Morningstar gave a four star rating.

iShares MSCI Emerging Market (ETF) which tracks the performance of the MSCI Emerging Markets Index.

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