Seeking Alpha

LatAm ETF BONO Will Get A New Look December 10th

  • Market Vectors announced earlier this week that it's popular fund for Latin American bond exposure will undergo a number of changes, including a new name, ticker, and index.
  • BONO will be rebranded later this year as the Market Vectors Emerging Markets Aggregate Bond ETF and trade under the ticker EMAG to reflect the new investment objective; to seek and track the price and performance of the Market Vectors EM Aggregate Bond Index.
  • Ed Lopez, Marketing Director with Market Vectors in the recent press release, "we are seeking to introduce an efficient means for investors to gain access to a broad exposure of emerging markets bonds in a single ETF."
  • Effected ETFs: ILF, GML, FLN, EMB, PCY
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