Mackenzie Investments Unveils New Emerging Markets Bond ETF
- 01 mins 01 secs
Mackenzie Investments just unveiled the Mackenzie Emerging Markets Local Currency Bond Index ETF. The new exchange-traded fund has a management fee of 45 basis points and it offers strong currency diversification. Senior Vice President and Head of ETFs Michael Cooke said in a release that almost 90% of emerging market bonds, approximately US$21.6 trillion, are denominated in local currency.
For further information about Asset TV please contact:
Office: +1 212 661 4111 [email protected]