DSUM is designed to own Chinese Yuan-denominated bonds, also known as “Dim Sum” bonds that are issued by “governments, agencies, supra-nationals, and corporations,” (outside of mainland China) and currently carries a 3.26% yield. A much smaller product in this space is from Market Vectors, the $5.1 million CHLC (Renminbi Bond ETF, Expense Ratio 0.39%).
PowerShares Chinese Yuan Dim Sum Bond Portfolio
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