I think it is great that Claymore is out with the first broad market emerging market ETF in Canada. But I have minor quibbles as I note in today's post on the blog.
While a good case can be made that emerging markets will experience rapid economic growth, it remains to be seen if such growth will translate into excellent stock market returns. Still, a market weighting of emerging markets in proportion to their float-adjusted market capitalization is certainly warranted. But I expect that this will remain a very volatile asset class.