Bringing you live news and features since 2006 

WisdomTree Emerging Markets Corporate Bond Fund receives NAIC designation


The WisdomTree Emerging Markets Corporate Bond Fund (EMCB) has received a risk-based capital designation of three from the Securities Valuation Office of the National Association of Insurance Companies (NAIC).

Rick Harper, WisdomTree head of currency and fixed income, says: “Securing risk-based capital designations from the NAIC enables investors to look through the ETF wrapper to the underlying bonds, allowing for a practical assessment of the fund.”
The Securities Valuation Office of the NAIC assigns credit quality designations to securities held by state-regulated insurance companies. NAIC designations are opinions of credit quality that range from NAIC one, being the highest quality, to NAIC six, being the lowest quality. NAIC designations allow fixed income ETFs to be reported as bonds and are used to set risk-based capital requirements.

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by