I own EMB and LQD and generally like non-US Treasury bonds. So I am looking at ELD and EMLC local currency EM bond ETFs. Which one is better?
i like emlc. More Turkish exposure.
Oct. 7 article on ELDhttp://seekingalpha.com/article/228628-just-one-etf-emerging-market-debt-yielding-over-4-7-with-no-dollar-exposure?source=emailThe timing of the release of the Fund on Aug. 9, at around $50 looks like they knew the printing presses at the Fed were beginning to hum.I hold no position, yet.Regards,
I am in the process of looking. Have not yet bought emb, but think I will. I am not sure about the advantages of holding debt in currencies other than dollar. What is your reasoning there?