Among recent notable product launches is an ETF aimed at accessing China's onshore bond market, a new index that will track publicly-listed companies developing or providing cyber security technology, and a fund aiming to outperform an index composed of futures contracts on 14 heavily traded commodities.
Aiming to provide U.S. investors access to China's onshore bond market, Van Eck Global launched the Market Vectors ChinaAMC China Bond ETF. Van Eck states the fund investments will cover all important segments of Chinese fixed income markets, including sovereigns, policy banks, and high-rated corporate bonds. The fund will attempt to replicate the price and yield performance of the ChinaBond China High Quality Bond Index, which is comprised of fixed-rate, local currency-denominated bonds issued by Chinese credit, governmental and quasi-governmental issuers. "China is currently the largest emerging markets bond market, yet to this point investors outside of mainland China have been mostly excluded from direct ownership of locally issued bonds," states Fran Rodilosso, senior investment officer for Market Vectors ETFs. "China's onshore bond market has had historically low correlation to core asset classes and has delivered attractive yields in comparison to developed bond markets in recent years."