October 14, 2011 at 12:57 PM EDT
Dim Sum: Three New Yuan Bond ETFs
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...
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