PT - JOURNAL ARTICLE AU - Leonard L. Lundstrum TI - Practical Applications of Emerging Market Diversification Benefits: Stock Funds versus Currency Funds AID - 10.3905/pa.2022.pa515 DP - 2022 Sep 28 TA - Practical Applications PG - pa.2022.pa515 4099 - https://pm-research.com/content/early/2022/09/26/pa.2022.pa515.short 4100 - https://pm-research.com/content/early/2022/09/26/pa.2022.pa515.full AB - In Emerging Market Diversification Benefits: Stock Funds versus Currency Funds, from the Fall 2021 issue of The Journal of Wealth Management, Leonard Lundstrum of the College of Business at Northern Illinois University analyzes an investable emerging market currency strategy. He concludes that adding an emerging market currency fund to an otherwise well- diversified developed market portfolio adds an incremental diversification benefit. Adding emerging market equities to the same portfolio fails to achieve a similar benefit.