Catchy title, I know.
I wanted to invest some money, I didn't know where to put it, and GMO reckon Emerging Market Value is the only sector that's actually cheap right now. Their market commentary makes sense to me, I know they've made some good macro calls in the past, such as the dotcom boom, the financial crisis, and they were pretty bullish at the point of the post-crisis lows in 2009, so I'm prepared to trust they know what they're talking about.
There isn't an ETF or fund that exactly captures what GMO are measuring as "Emerging Market Value", and I already have some generic Emerging Market funds invested in my pension and elsewhere, so I went for a dividend-focused ETF since the holdings seem quite different from a regular Emerging Market fund. A lot more boring stuff rather than sexy tech companies, naturally.
The yield is a bit over 5%. The expense ratio is a bit eye-watering at 0.69%, but hey ho. The ticker is SEDY.L.
This is now just under 7% of my portfolio.
