A number of fund companies are offering specialized emerging-markets funds that focus on Brazil, Russia, India and China, or "BRICs," following a Goldman Sachs report predicting the economies of these nations will produce the fastest growth in the world in the coming 40 to 50 years, The Wall Street Journal reports. In fact, Goldman projects that by 2050, only the economies of the U.S. and Japan will be greater than the four BRICs combined.

Franklin Templeton Investments, HSBC Asset Management, Deutsche Asset Management and Schroders Investment Management are four companies that have recently begun offering BRIC funds to European and Asian investors, but because these types of funds are so specialized, no firm has yet offered them as a mutual fund in the U.S. Instead, there are a few private BRIC investments available here.

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