at Zacks.com (Oct 29, 2014)
Vanguard will have to sell South Korea and buy more China and Brazil as a result of the company using a new benchmark index for its emerging markets funds. The new benchmark from FTSE classifies South Korea as a developed market, making it ineligible for inclusion in an emerging index. China and Brazil, on the other hand, both have higher weightings from FTSE than they do in the currently used MSCI index. At the moment, VWO has 13% of its assets in South Korea.
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