Emerging markets are down 10 percent in 2015 due to concerns about slower growth, but are up about 4 percent so far in October. Could this be a sign that things are improving in emerging countries?
"Despite short term concerns, we believe global growth will likely continue to be fueled by the emerging economies," Schoenstein said.
He is adding quality growth companies with emerging market exposure to his portfolio.
"We estimate that, on average, companies in the Jensen Quality Growth Fund should benefit as they derive approximately 10-15 percent of their revenues from emerging markets," Schoenstein said.