Investors should be aware that country funds often show up in performance tables with some spectacular results and, because of this phenomenon, will attract a lot of investor attention.
However, along with this type of performance also comes a high level of risk and price volatility, especially in developing countries, which are usually categorized as emerging markets. In this instance, a fund's portfolio may be concentrated in a small number of issues with very low market liquidity.
Even in developed markets like Europe, putting investment funds in a single-country fund means that you are subjecting your risk-return expectations to a relatively narrow market environment.
фр.fonds mutuel de placement (dans un pays); fonds d'un pays
исп.fondo para (inversiones en) un país especifico
страновой фонд
Совместные фонды, инвестирующие средства исключительно в отдельно взятые страны. В развивающихся странах МФК основала целый ряд подобных фондов.