Global exchange-traded fund provider State Street Global Advisors has launched a new ETF with exposure to corporate bonds in 29 emerging market countries. The SPDR BofA Merrill Lynch Emerging Markets Corporate Bond UCITS ETF will start trading in euros on Deutsche Börse’s Xetra platform today.
The ETF will track the Bank of America Merrill Lynch Emerging Markets Diversified Corporate Bond Index.
European exchange-traded fund provider Lyxor will switch four of its swap-based ETFs to physical replication in December, IndexUniverse.eu has learned. The move confirms an announcement by the firm in September that it would change the tracking methodology for some of its funds.