VanEck launches local currency EMD ETF in Europe

TER of 0.47%

Tom Eckett
clock • 1 min read

VanEck Investments has launched an ETF investing in local currency bonds in emerging markets in Europe.

Tracking the JP Morgan GBI-EMG Core index, the VanEck Vectors J.P. Morgan EM Local Currency Bond UCITS ETF will provide exposure to local currency bonds issued by emerging market governments. The firm said local currencies tend to have a lower correlation to the US dollar and can therefore act as a diversifier in a portfolio. The ETF has a total expense ratio of 0.47% and is listed on the London Stock Exchange. Why investors should not be put off by EM debt anomalies Uwe Eberle, head of international business development and distribution at VanEck, said: "EMLC allows investors t...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ETFs

BlackRock launches two active iShares ETFs in Europe

BlackRock launches two active iShares ETFs in Europe

Listed on Euronext Amsterdam and Xetra

Cristian Angeloni
clock 26 March 2024 • 1 min read
HANetf combines tech thematic ETFs due to insufficient assets

HANetf combines tech thematic ETFs due to insufficient assets

Effective 28 March

clock 20 March 2024 • 1 min read
Amundi launches Europe's cheapest All Country World ETF

Amundi launches Europe's cheapest All Country World ETF

TER of 0.07%

clock 18 March 2024 • 1 min read
Trustpilot