Additionally, the fund may hold over 25% of its assets in total assets in securities and instruments of issuers in a single developed market country and up to 20% of its total assets in emerging market debt.
Moreover, the fund will not hold more than 10% in non-agency mortgage or asset-backed securities.
RAVI has a 0.25% expense ratio.
For more information on new fund products, visit our new ETFs category.
Max Chen contributed to this article.
