TEOIX is a mutual fund that focuses on investing in emerging markets, which are countries with developing economies and growing industries. This fund, managed by Transamerica, seeks to take advantage of the potential for high growth and returns in these markets. As a Class I fund, it is typically only available to institutional investors and has a higher minimum investment requirement. TEOIX may be a suitable option for investors looking to diversify their portfolio and potentially earn higher returns through exposure to emerging markets.