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Invests in emerging-market government bonds issued in local currencies for diversified EM income. Currency swings and EM volatility can significantly affect returns.
Emerging-market debt typically offers higher yields than developed-market government bonds. Those yields compensate for greater credit, currency and political risk.
Adds an asset class that can behave differently from developed-market bonds and equities, as EM central-bank and currency cycles move independently. EM exposure can be volatile and less liquid in stressed markets.
VanEck J.P. Morgan EM Local Currency Bond UCITS ETF offers access to a diversified and liquid portfolio of Emerging Market government bonds for investors that are looking for a yield pick-up versus other fixed income segments. It provides an attractive blend of risk and reward because emerging market countries tend to have less leveraged public finances, and their central banks have increasingly adopted conventional monetary policies.
Main Risk Factors: Foreign Currency Risk, Emerging Markets Risk, Credit Risk. Please refer to the
and the Prospectus for other important information before investing.