Guggenheim Yuan Bond ETF(RMB)- NYSEARCA
RMB is defunct since June 14, 2013. Closed due to lack of investor interest
RMB Description
The Guggenheim Yuan Bond ETF (NYSE:RMB) seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of a Yuan bond index called the AlphaShares China Yuan Bond Index. The Index is a rules-based index comprised of, as of August 31, 2011, approximately 37 securities. The securities in the Index are bonds that are eligible for investment by U.S. and other foreign investors and denominated in Chinese Yuan, whether issued by Chinese or non-Chinese issuers and traded in the secondary market, a market commonly referred to as the “Dim Sum” bond market. The Index was created by AlphaShares, LLC, the index provider. The Fund will not invest in securities traded in mainland China. The Fund will invest at least 80% of its total assets in fixed income securities that comprise the Index.
See more details on sponsor's website
Country: China
Find the right ETFs for your portfolio: Visit Seeking Alpha's ETF Hub