But such funds also carry the risk of sharp short-term losses.

But remember that all funds carry some level of risk.

A $1 billion fund that doubles its money over three years, for example, could yield a total carried interest of more than $150 million.

And, like all investments in emerging markets, these funds carry plenty of risks.

The fund carries a sales load of 4.5 percent.

The fund carries a 2 percent redemption fee for shares held less than 120 days.

The fund, which has $254 million in assets, carries a sales charge of 4.5 percent.

The fund will be sold through brokers and carry a maximum initial sales charge of 5.75 percent.

The fund carries a minimum investment of $2,500, or $500 for an individual retirement account.

Sun America's fund carries a maximum initial sales charge of 5.75 percent.