Yeah, you're right. I just looked at the list of DFA Emerging Small Cap holdings (as of 11/30/2006), and there are no ADRs on there. See page 190 of the following file:BrianTH wrote:ddb,
That doesn't sound all that cheap to me: exactly how does one go about buying EM stocks not listed on US exchanges? Also, you would have to update the basket as some of your stocks migrated out of the SV category.
http://www.dfaus.com/downloads/pub/pdf/ ... report.pdf
- DDB