1.   At the end of January, the Emerging Markets Growth Fund had its three biggest country allocations in Latin America.

2.   The mutual funds Micropal classified as stock-picking funds have outperformed those that focus on country allocation during five out of six swings in the market.

3.   Though he avoids country allocations and macroeconomic analysis, there are certain investing themes in his portfolios.

4.   The newspaper said the investment flows into India had traditionally slowed down in November as country allocations almost dry up towards the end of the year.