The New Worlds of Emerging Markets Bonds
FRAN RODILOSSO: Hello, I'm Fran Rodilosso, Senior Investment Officer for fixed-income ETFs at Van Eck Global. When is more debt a good thing? When it is being issued by a wider range of borrowers in a variety of sectors from a growing number of countries. For emerging markets debt investors, more debt has been a good thing in these ways: a more investable asset class with greater diversification and greater liquidity. We hope that you will join us for a discussion about emerging market debt, the evolution of the asset class, and how that evolution has also been reflected in the development of emerging economies in mostly positive ways. While we hope that many of you will agree with our points of view on emerging markets, and more specifically on emerging markets debt, we know that some of you will certainly disagree. In either case, we look forward to a spirited discussion about emerging markets debt and a variety of opportunities that lie within it. Whether you are talking or thinking about emerging markets debt, we believe you will benefit from speaking with Van Eck Global.
The views and opinions expressed are those of the speaker and are current as of the video’s posting date. Video commentaries are general in nature and should not be construed as investment advice. Opinions are subject to change with market conditions. All performance information is historical and is not a guarantee of future results. For more information about Van Eck Funds, Market Vectors ETFs or fund performance, visit vaneck.com. Any discussion of specific securities mentioned in the video commentaries is neither an offer to sell nor a solicitation to buy these securities. Fund holdings will vary. All indices mentioned are measures of common market sectors and performance. It is not possible to invest directly in an index. Information on holdings, performance and indices can be found at vaneck.com
Please note that Van Eck Securities Corporation offers investment products that invest in the asset class(es) included in this video. Debt securities carry interest rate risk, credit risk and call risk. Interest rate risk refers to the risk that bond prices generally fall as interest rates rise and vice versa. Credit risk is the risk of loss on an investment due to the deterioration of an issuer's financial health. Call risk may result in having to reinvest the proceeds at lower interest rates, resulting in a decline in income. International investing involves additional risks which include greater market volatility, the availability of less reliable financial information, higher transactional and custody costs, taxation by foreign governments, decreased market liquidity and political instability. Changes in currency exchange rates may negatively impact returns. Investments in emerging markets securities are subject to elevated risks which include, among others, expropriation, confiscatory taxation, issues with repatriation of investment income, limitations of foreign ownership, political instability, armed conflict and social instability. Assets concentrated in a particular sector may be subject to more risk than investments in a diverse group of sectors.
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