Indonesia: an Asian powerhouse

Bolstered by a wealth of natural resources and a young population, Indonesia has recorded strong growth this year. That makes this US-listed Indonesia fund one to tuck away.

In the late 1990s, Indonesia was "on the brink of anarchy", says Klaus Methfessel on Wiwo.de. Today, having ditched its military dictatorship, it has become a stable democracy and the second-fastest grower in the G20 the economy will expand by over 6% this year.

In the last 12 years, GDP has grown by an average of 5.2%. Only China and India have done better. Standard Chartered made headlines last year by saying it thought Indonesia's economy could expand 13-fold by 2030.

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