WisdomTree is seeking to launch an emerging markets corporate bond ETF, NASDAQ reports. The WisdomTree Emerging Markets Corporate Bond Fund will invest in investment-grade debt and junk bonds. The actively managed fund will target companies in Asia, Latin America, Eastern Europe, Africa and the Middle East. The product, which will invest at least 80% of its net assets in corporate and quasi-sovereign debt, may also invest up to 10% of its total assets in preferred stocks, adds ETF Daily News.
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