A mutual fund that focuses on stocks listed in developing countries' exchanges.

A mutual fund that invests primarily in countries with developing economies. Emerging market funds tend to be more volatile than funds that invest in countries with more established economies, due to the risk of economic, political, and currency instability.

A fund that invests primarily in countries with developing economies (that is, those that are becoming industrialised). Emerging markets funds tend to be more volatile than domestic stock funds due to currency fluctuation and political instability.

Employee Retirement Income Security Act (ERISA) Employee stock ownership plan (ESOP)