VANGUARD FTSE EMERGING MARKETS ETF $34.00 (New York symbol VWO; buy or sell through brokers) aims to track the Financial Times Stock Exchange (FTSE) Emerging Index. It’s made up of the common stock of companies in developing countries. The fund’s MER is just 0.15%. The top holdings of Vanguard FTSE Emerging Markets include Taiwan Semiconductor (Taiwan: computer chips), Tencent Holdings (China: Internet), China Mobile, China Construction Bank, Naspers Ltd. (South Africa: media), Industrial & Commercial Bank of China, Bank of China, Hon Hai Precision Industry (Taiwan: electronics), Infosys (India: information technology) and Housing Development Finance (India: banking). The breakdown by country for this $45.1 billion fund is as follows: China, 27.3%; Taiwan, 15.9%; India, 12.0%; South Africa, 8.1%; Brazil, 6.7%; Mexico, 5.5%; Malaysia, 4.6%; Russia, 4.3%; Thailand, 3.0%; Indonesia, 3.0%; Philippines, 2.0%; Poland, 1.5%; Turkey, 1.8%; and others, 5.8%. Vanguard FTSE Emerging Markets ETF is a buy for aggressive investors.