Van Eck Global is planning to launch two Greater China bond exchange-traded funds (ETFs), Index Universe reports. The New York-based money manager has also filed with the Securities and Exchange Commission for the same.
The Greater China Corporate Bond ETF and the Greater China High Yield Bond ETF will track the indexes of bonds denominated either in dollars or in local currencies that are issued by corporations in China, Hong Kong or Taiwan. The marketing of both the new portfolios is focused on Asia and China.
