EMB was one of the first emerging-market debt ETFs to be launched, as such, it tends to enjoy strong assets and liquidity. Like many peer funds, but in contrast with our benchmark, EMB holds USD-denominated rather than local-currency debt. This eliminates direct currency risk for US investors, but raises the possibility that a strengthening dollar or weakening local currency could make the debt harder to service, increasing credit risk. Each issuer must have at least $1B outstanding and bonds need at least 2 years remaining to maturity. The fund typically favors longer maturities than our benchmark and tends to lean toward riskier paper, both of which increase yield. One of EMB`s strongest selling points is its strong liquidity, making it the de facto choice for traders.
公司网站 :
http://us.ishares.com/product_info/fund/overview/EMB.htm
总经理:-
建立时间:2007
公司总部:iShares J.P. Morgan USD Emerging Markets Bond ETF
领域:Miscellaneous
行业:Investment trusts/Mutual funds