EMLC has seen an increase of more than $500 million in AUM in the last three months.
Dollars, Euros or the Yen," said Fran Rodilosso, fixed income portfolio manager at Market Vectors ETFs and one of two EMLC portfolio managers.
Ed Lopez, Marketing Director for Market Vectors ETFs, added, "We've been extremely pleased with investor response to EMLC, which has produced strong returns while currently having a lower expense ratio than all other U.
In addition to EMLC
, other Market Vectors ETFs under his watch are LatAm Aggregate Bond ETF (NYSE Arca: BONO), Emerging Markets High Yield Bond ETF (NYSE Arca: HYEM), International High Yield Bond ETF (NYSE Arca: IHY), Renminbi Bond ETF (NYSE Arca: CHLC), Fallen Angel High Yield Bond ETF (NYSE Arca: ANGL) and Investment Grade Floating Rate ETF (NYSE Arca: FLTR).