With the Russian ruble in a free fall and the country's economic crisis impacting markets around the globe, investors may be wary about investing in the Russian stock market.
However, with the exchange-traded fund that tracks the Russian market down more than 50 percent this year, at least one investor thinks this could be a buying opportunity.
The "disciplined investor" with regular asset allocation strategies and emerging market positions would naturally increase their allocations in emerging markets at the end of the year, Tom Lydon, president of Global Trends Investments, told CNBC on Tuesday.
"With Russia being down even that much more, your allocation might increase 2 or 3 percent," he said in an interview with "Closing Bell."
"We're not talking about a huge risk at this point because this investment two and three years from now I feel is going to be that much better than it is today."
Read MoreFunds slammed by Russia