BondBloxx Investment Management has just announced the launch of their BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (XEMD). XEMD will track the J.P. Morgan EMBI Global Diversified Liquid 1-10 Year Maturity Index with fixed and floating-rate vehicles with over $1 billion in debt. The launch marks BondBloxx’s eleventh ETF launch and XEMD will trade on CBOE.
ETF Newz Says:
XEMD looks to offer investor exposure to emerging markets while overseeing risk of duration.