Bringing you live news and features since 2006 

VanEck lowers TER on VanEck Vectors JPM EM local currency bond ETF


Global asset manager VanEck has lowered the total expense ratio (TER) on VanEck Vectors JP Morgan EM Local Currency Bond UCITS ETF.

Effective June 14, 2018, the TER for EMLC will be reduced from 0.42 per cent to 0.30 per cent, making it to date, the EM local currency bond UCITS ETF with the lowest cost.
The ETF provides access to emerging markets local currency sovereign bonds. It seeks to track the JP Morgan GBI-EMG Core Index (GBIEMCOR), which is comprised of bonds issued by emerging markets governments and denominated in the local currency of the issuer. VanEck manages globally USD4.6 billion AUM of emerging markets local currency debt strategies and has the largest and most liquid US listed ETF offering access to this strategy.
VanEck has over 20 years of experience managing emerging markets debt strategies and offers a broad suite of both actively managed and passive solutions that provide access to the asset class.
Fran Rodilosso, Head of Fixed Income ETF Portfolio Management, says: “Emerging markets local currency debt offers multiple potential benefits within a portfolio. It provides investors the opportunity to diversify their interest rate exposure, while benefitting from attractive yields and potential currency appreciation. This fee reduction will allow investors to benefit from the potential opportunities the asset class provides, at a lower cost.”

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
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