VANECK J.P. MORGAN EM LOCAL CURRENCY BOND UCITS ETFVANECK J.P. MORGAN EM LOCAL CURRENCY BOND UCITS ETFVANECK J.P. MORGAN EM LOCAL CURRENCY BOND UCITS ETF

VANECK J.P. MORGAN EM LOCAL CURRENCY BOND UCITS ETF

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Key stats


Assets under management (AUM)
‪97.62 M‬EUR
Fund flows (1Y)
‪16.00 M‬EUR
Dividend yield (indicated)
Discount/Premium to NAV
0.1%
Shares outstanding
‪1.53 M‬
Expense ratio
0.30%

About VANECK J.P. MORGAN EM LOCAL CURRENCY BOND UCITS ETF


Issuer
Van Eck Associates Corp.
Brand
VanEck
Home page
Inception date
Apr 7, 2017
Structure
Irish VCIC
Index tracked
J.P. Morgan EMBI Global Core Index
Replication method
Physical
Management style
Passive
Dividend treatment
Capitalizes
Primary advisor
VanEck Asset Management BV
ISIN
IE00BDS67326
VanEck J.P. Morgan EM Local Currency Bond UCITS ETF (EMLC) is a UCITS-compliant exchange-traded fund that invests in a portfolio of bond securities with the aim of providing investment returns that closely track the performance of the J.P. Morgan Government Bond Index-Emerging Markets Global Core Index (GBIEMCOR).

Broaden your horizons with more funds linked to EMLC via country, focus, and more.

Classification


Asset Class
Fixed income
Category
Government, treasury
Focus
Broad credit
Niche
Broad maturities
Strategy
Vanilla
Geography
Emerging Markets
Weighting scheme
Market value
Selection criteria
Market value
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Stock breakdown by region
19%8%22%5%43%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
EMLC trades at 55.190 EUR today, its price has fallen −0.20% in the past 24 hours. Track more dynamics on EMLC price chart.
EMLC net asset value is 54.86 today — it's fallen 0.76% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
EMLC assets under management is ‪97.62 M‬ EUR. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
EMLC price has risen by 2.63% over the last month, and its yearly performance shows a −3.91% decrease. See more dynamics on EMLC price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.76% over the last month, showed a −1.66% decrease in three-month performance and has increased by 2.58% in a year.
EMLC fund flows account for ‪16.00 M‬ EUR (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
EMLC invests in bonds. See more details in our Analysis section.
EMLC expense ratio is 0.30%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, EMLC isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, EMLC doesn't pay dividends to its holders.
EMLC trades at a premium (0.13%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
EMLC shares are issued by Van Eck Associates Corp.
EMLC follows the J.P. Morgan EMBI Global Core Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 7, 2017.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.