Overview
Description
The SPDR Bloomberg Emerging Markets Local Bond ETF is an exchange-traded fund designed to offer investors exposure to fixed-income securities from emerging market countries. Its primary function is to track the performance of the Bloomberg Emerging Markets Local Currency Government Diversified Index, which includes local currency-denominated government bonds from various emerging market nations. This ETF is notable for its focus on capturing the growth potential and diversification benefits associated with emerging economies’ debt markets. By investing in bonds issued by countries such as Brazil, China, and South Africa, the fund plays a crucial role in helping investors gain exposure to economies with potentially higher interest rates and economic growth compared to developed markets. The ETF is a significant tool for portfolio diversification, allowing investors to hedge against currency and interest rate risks while tapping into the broader economic developments of these dynamic regions. The SPDR Bloomberg Emerging Markets Local Bond ETF is frequently utilized by institutional and individual investors looking to balance risk and return through geographic and currency diversification.
About
Address
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Phone
+353 1 776 3000
Website
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Instrument type
ETF
Country
Germany
MIC code
XBER