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Should you be worried about China and Taiwan in your emerging-markets fund?

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I don’t want an emerging-markets index fund in my portfolio, and I don’t care who knows it.

There’s nothing intrinsically wrong with investing in emerging markets. (A new research paper from the number crunchers at hedge-fund company AQR argue that they look like a great investment right now — more on that in a moment.)

And low-cost index…

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