About this ETF
An ETF which seeks to deliver consistent risk-adjusted returns, by considering the full universe of Emerging Markets (EM) hard currency bonds. It invests primarily in a diversified portfolio of sovereign, quasi-sovereign, supranational and corporate debt from EM issuers. The ETF is benchmarked against the JP Morgan EMBI Global Core Index. Its opportunity set includes bonds in the index and bonds that are not index-eligible. The primary focus is on country allocation and security selection to generate excess returns, rather than relying on large thematic or macroeconomic drivers.
Why Invest in this ETF
Established and unique active investment approach
An experienced team with a focus on Emerging Markets hard currency bonds that has remained unchanged since August 2013.
Credit risk premia focused
Our proprietary forward-looking country ratings model and valuation framework is designed to provide a quantitative and qualitative foundation to allocate risk across countries, and implemented through bottom-up security selection.
Disciplined investment process
We employ a highly disciplined approach to country allocation, security selection and portfolio construction, which seeks to emphasize diversification and the active management of credit risk rather than global macroeconomic factors.
