VanEck Vectors J.P. Morgan EM Local Currency Bond ETF

EMLC-N

NYSEARCA:EMLC

33.97
0.01 (0.03%)

Analysis and Opinions about EMLC-N

Signal
Opinion
Expert
BUY
BUY
March 25, 2019
Emerging markets issue bonds in local currencies or in US dollars. This one is local currency bonds. Since the FED has stopped increasing interest rates, then currencies should strengthen rather than weaken. You probably have 10% downside with a yield of 6.25% plus 2-3% on the currency side. He likes this in the fixed income world. It is his favourite play and is a big position in all his portfolios.
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Emerging markets issue bonds in local currencies or in US dollars. This one is local currency bonds. Since the FED has stopped increasing interest rates, then currencies should strengthen rather than weaken. You probably have 10% downside with a yield of 6.25% plus 2-3% on the currency side. He likes this in the fixed income world. It is his favourite play and is a big position in all his portfolios.
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