ChinaAMC, sub-adviser

Van Eck to Launch First China Bond Focused ETF in the U.S.

Date:

Van Eck to Launch First China Bond Focused ETF in the U.S.

Author: Alicia Miguel

  1. New U.S.-listed Market Vectors ChinaAMC China Bond ETF provides direct exposure to Renminbi-denominated bonds issued in mainland China
  2. CBON seeks to invest in all major segments of the Chinese fixed income markets, including sovereigns, policy banks, and high rated corporate bonds
  3. “China is currently the largest emerging markets bond market, yet to this point investors outside of mainland China have been mostly excluded from direct ownership of locally issued bonds"
  4. CBON seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ChinaBond China High Quality Bond Index
  5. ChinaAMC will serve as sub-adviser to CBON using a Renminbi-Qualified Foreign Institutional Investor (RQFII) quota that it has received in order to gain access to this market on behalf of foreign investors