New York-based asset manager, Van Eck Global, has launched the Market Vectors LatAm Aggregate Bond ETF. The ETF will track the BofA Merrill Lynch Broad Latin America Bond Index (LATS). The index consists of a portfolio of sovereign and corporate debt securities issued by Latin American issuers and denominated in U.S. Dollar, Euro and local currencies. The new offering is Van Eck’s 34th Market Vectors ETF and is the eighth of its fixed-income ETFs.

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