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EMLC
Emerging Markets Local Currency Bond ETF
VanEck J.P. Morgan EM Local Currency Bond UCITS ETF
Marketing Communication
EMLC
Emerging Markets Local Currency Bond ETF
VanEck J.P. Morgan EM Local Currency Bond UCITS ETF
ISIN:
IE00BDS67326
Fund Description
VanEck J.P. Morgan EM Local Currency Bond UCITS ETF offers access to a diversified and liquid portfolio of Emerging Market 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.
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NAV$70.84
as of 27 Feb 2026 -
YTD RETURNS3.28%
as of 27 Feb 2026 -
Total Net Assets$240.1 million
as of 27 Feb 2026 -
Total Expense Ratio0.30%
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Inception Date07 Apr 2017
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SFDR ClassificationArticle 6
Overview
Fund Description
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.
- Portfolio of bonds issued by emerging markets governments in their local currencies
- Diversified globally across 19 countries
- Restricted to countries whose debt can be freely traded by international investors
Main Risk Factors: Foreign Currency Risk, Emerging Markets Risk, Credit Risk. Please refer to the
and the Prospectus for other important information before investing.
Underlying Index
J.P. Morgan GBI-EM Global Core Index (GBIEMCOR)
Fund Highlights
- Significantly higher yields than developed market bonds of the same quality
- Portfolio of bonds issued by emerging markets governments in their local currencies
- Diversified across 19 countries
- Restricted to countries whose debt can be freely traded by international investors
- Current lowest total expense ratio among all European ETFs in this category
Risk factors: Foreign Currency Risk, Emerging Markets Risk, Credit Risk. Please refer to the
and the Prospectus for other important information before investing.
Underlying Index
J.P. Morgan GBI-EMG Core Index (GBIEMCOR)
Capital Markets
VanEck partners with esteemed market makers to ensure the availability of our products for trading on the mentioned stock exchanges. Our Capital Markets team is committed to continuously monitoring and assessing spreads, sizes, and prices to ensure optimal trading conditions for our clients. Furthermore, VanEck ETFs are available on various trading platforms, and we collaborate with a wider range of reputable Authorized Participants (APs) to promote an efficient and fair trading environment. For more information about our APs and to contact our Capital Markets team, please visit factsheet capital markets.pdfPerformance
Holdings
Portfolio
Documents
Index
Index Description
The J.P. Morgan Government Bond Index-Emerging Markets Global Core Index (GBIEMCOR) is a comprehensive Emerging Markets debt benchmark that tracks local currency bonds issued by Emerging Market governments.
Awards
Main Risks
Main Risk Factors of a Emerging Markets Local Currency Bond ETF
Because all or a portion of the Fund are being invested in securities denominated in foreign currencies, the Fund’s exposure to foreign currencies and changes in the value of foreign currencies versus the base currency may result in reduced returns for the Fund, and the value of certain foreign currencies may be subject to a high degree of fluctuation.
The issuer or guarantor of a debt security may be unable and/or unwilling to make timely interest payments and/or repay the principal on its debt or to otherwise honour its obligations. Bonds are subject to varying degrees of credit risk which may be reflected in credit ratings. There is a possibility that the credit rating of a bond may be downgraded after purchase, which may adversely affect the value of the security.
Investments in emerging market countries are subject to specific risks and securities are generally less liquid and less efficient and securities markets may be less well regulated. Specific risks may be heightened by currency fluctuations and exchange control; imposition of restrictions on the repatriation of funds or other assets; governmental interference; higher inflation; social, economic and political uncertainties.