The bonds are denominated in U.S. dollars, so investors do not have to be worried about currency risk.
EMSH will be the first short-term emerging market bond ETF. In comparison, the iShares J.P. Morgan USD Emerging Markets Bond ETF (NYSEArca: EMB), the largest emerging market bond ETF, has a 7.0 year effective duration and a 4.89% 30-day SEC yield. [Corporate Versus Government Debt in Emerging Markets]
For more information on new fund products, visit our new ETFs category.
