Vanguard Emerging Markets ETF (VWO)

Description:

This portfolio tracks performance of the VWO ETF, and its components, as reported by Morningstar. The portfolio held 794 stocks as of 12/31/06, so it's widely diversified.

Large cap international ETF. As of 12/31/06, regional breakdown:
Asia (except Japan) 53.9%
Latin America 18.2%
Other 27.3%

Top 5 countries:
South Korea 15.6%
Taiwan 13.4%
Hong Kong 11.4%
Russia 10.3%
South Africa 9.0%


From Morningstar:

This exchange-traded fund tries to mimic the performance of the MSCI Emerging Markets Index. Prior to August 2006, it followed a custom-made version of that index.

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