I have two funds in my portfolio: developed and emerging. If I wanted to replicate an All World fund, such as Vanguard Total World Stock Index Fund Investor Shares (VTWSX), how should I allocate my money between the developed and emerging funds?
Or, rephrasing the question: Which % of the global economy is considered "emerging"? Which % of the global economy is considered "developed"?
I thought about calculating it myself, but I couldn't help feeling that there should be a clear, concise answer somewhere.