News Summary: Emerging markets bonds’ risk can pay

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RISK REWARDED: Emerging market bond mutual funds are among the top performers so far this year with an average return of nearly 8 percent. Over the last 10 years, they have posted an average annualized return of nearly 12 percent.

‘BRIC’ AND MORE: These funds buy bonds issued by governments and companies in a group of about 20 nations including Brazil, Russia, India and China.

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