The United Kingdom's support for the Immunization Financing Facility, and the France/Chile/Brazil/Norway plan to fund HIV/TB and malaria drugs through airline ticket taxes are very promising.

联合王国对免疫信贷的支持以及法国/智利/巴西/挪威通过机票税资助艾滋病毒/结核和疟疾药物的计划都有着光明的前景。

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Top holdings come from Columbia, Poland, Kazakhstan and Chile, but again, the fund owns their ADRs rather than local shares.

FORBES: Frontiers Are To Taylor As BRICs Are To Britney

The fund is also examining Chile, Argentina and South Africa, though political and economic risks in each have precluded investment so far, according to Day.

FORBES: A vintage deal

Stabilisation funds, such as Chile's Economic and Social Stabilisation Fund, smooth out the economic cycle by accumulating revenues from commodity exports when prices are high, and disbursing them when prices drop.

ECONOMIST: Commodities