N-11 Countries

You might have heard about BRIC countries (Brazil, Russia, India and China). What about N-11 countries ? 

N-11 is a metaphor of “Next-11” countries, identified by Goldman Sachs and economist Jim O’Neill as having the highest growth potential. The N-11 include Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, Philippines, Turkey, South Korea, and Vietnam.

Goldman Sachs has N-11 Equity fund (Class A shares: GSYAX), if you are interested in investing in these countries.

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