International investing entails greater risk, as well as greater potential rewards compared to U.S. investing. These risks include political and economic uncertainties of foreign countries as well as the risk of currency fluctuations. These risks are magnified in countries with emerging markets, since these countries may have relatively unstable governments and less established markets and economies.
Equity securities may fluctuate in response to news on companies, industries, market conditions and general economic environment.
Investing in foreign emerging markets entails greater risks than those normally associated with domestic markets, such as political, currency, economic and market risks.
Because of their narrow focus, sector investments tend to be more volatile than investments that diversify across many sectors and companies.
Asset allocation and diversification do not assure a profit or protect against loss in declining financial markets.
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