An unused message board is a waste of property.

QFFOX has had very good returns, and to my surprise, its returns have almost been identical to that of Fidelity's Emerging Market mutual fund (FEMKX).

One of QFFOX's current holdings seems redundant to me, but given that its philosophy is quantitatively based, maybe it's included to even out the volatility from its other holdings - iShares MSCI Emerging Markets Index is the holding that seems redundant to me.