Fund info

The VanEck J.P. Morgan EM Local Currency Bond Fund is a specialized exchange-traded fund focused on providing exposure to local currency-denominated bonds in emerging markets. Its primary function is to offer investors a way to gain access to the debt instruments of developing countries, which are issued in the respective local currencies. This fund tracks the J.P. Morgan GBI-EMG Core Index, which emphasizes representation across diverse emerging market economies. Notable features of this fund include its diversification across multiple countries, which helps manage risk specific to any one market. It encompasses bonds from several sectors, including government and corporate issuers in regions such as Latin America, Asia, and Eastern Europe. By investing in local currency-denominated bonds, the fund provides investors with a means of potentially capturing higher yields and benefiting from currency appreciation relative to the U.S. dollar. In the financial market, the VanEck J.P. Morgan EM Local Currency Bond Fund plays a critical role in facilitating access to emerging markets' fixed-income opportunities, appealing to those seeking diversification beyond developed market securities, while also encountering exposure to currency fluctuations and geopolitical risks inherent in these regions.