Fund was first U.S.-listed ETF to focus on local currency EM bonds NEW YORK--(BUSINESS WIRE)--Market Vectors Emerging Markets Local Currency Bond ETF (NYSE Arca: EMLC), celebrated its third anniversary on July 22nd, it was announced today. EMLC was the first U.S.-listed ETF to focus on local currency Emerging Markets (EM) bonds and is among the largest U.S. listed EM bond-focused ETFs with $1.2 billion assets under management as of July 25, 2013. “We believe EM bonds are important in building a well-diversified fixed income investment portfolio” “We believe EM bonds are important in building a well-diversified fixed income investment portfolio,” said Fran Rodilosso, fixed income...
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