Dim Sum: Three New Yuan Bond ETFs
October 14, 2011 at 12:57 PM EDT
Van Eck will be competing with Guggenheim Investments and Invesco PowerShares in the Chinese yuan bond market, having launched its own “Dim Sum” bond exchange traded fund. According to a Van Eck Global press release, the Market Vectors Renminbi Bond ETF (NYSEArca: CHLC) will provide...