They don’t call them emerging markets for nothing. Funds tracking foreign markets have been on fire of late. Emerging-market debt was the strongest performer in the bond market for both the fourth quarter and last year as a whole, according to Morningstar. This month, Franklin Templeton launched a new fund designed to capitalize on the trend, the Templeton Emerging Markets Debt ETF (TEMD), which combines exposure to US dollar-denominated and local currency-denominated debt. Still, whether their strong per ...