I have said it before and I’ll say it again, emerging markets are a great place to be.

Emerging markets present some great growth opportunities. A recent article in the Financial Post, highlighting information from Goldman Sachs Global Economics Paper No. 204, makes the point worth repeating, once again.

They explain that the emerging markets now total about 31% of the global stock market capitalization, and advocate this will increase to 55% by 2030. Is that stunning? Hardly. In line with the OECD, a worldwide organization of rich nations around the world, emerging markets already have 49% of the global GDP, on a purchasing power parity basis; plus they seem slated to continue growing rapidly. Is it a big surprise to think that their stock market valuations are planned to follow their growth?

What’s stunning, is that against that, Goldman Sachs shows that developed market investment funds hold just 6% in emerging market equities, out of their total equity allocation. They think this will increase to 18%, by 2030.

One of my favorite funds within this space, and one I’m currently long in, is the Matthews Pacific Tiger Fund (MAPTX).

In the video below I’m going to show you the daily chart of MAPTX that looks hot. All emerging market funds are in strong uptrends right now and look really good.