Opinion on  DGS (DGS)
Emerging market small caps with high dividend yield may offer shelter

The fund invests in emerging market small caps with high dividend yield.

Why invest?
The fund is highly diversified with high exposure to Taiwan which is a country I am extremely bullish on as it will directly benefit from the growth of China.
South Africa does face problems due to power shortages but the fact remains that it is very resource rich.
Thailand and Turkey are undervalued especially Turkey.

Country Allocation	As of 7/2/2008
Country Weight 1. Taiwan 30.90% 2. South Africa 13.64% 3. Thailand 9.23% 4. Malaysia 8.27% 5. Israel 7.31% 6. Turkey 4.64% 7. Brazil 4.01% 8. Chile 3.83% 9. China 3.74% 10. Philippines 2.24% 11. Mexico 1.90% 12. Indonesia 1.03% 13. Poland 0.66%

There is wide diversification across sectors.

Sector Breakdown	As of 7/2/2008
Sector Weight 1. Consumer Discretionary 19.27% 2. Financials 18.20% 3. Industrials 17.41% 4. Information Technology 16.38% 5. Materials 11.25% 6. Consumer Staples 7.93% 7. Utilities 4.99% 8. Energy 1.72% 9. Health Care 1.38% 10. Telecommunication Services 0.90%

Their list of holdings in Feb 2008
http://www.wisdomtree.com/etfs/fund-holdings.asp?etfid=53

Honestly they didn't mean anything to me.I just put it there for the curious-I am not going to research 398 stocks for a virtual portfolio.I am still in shock from the sheer number-how can they go through all those balance sheets and study the businesses etc is beyond me.This work is much much harder than I thought.