iShares Emerging Markets Local Government Bond UCITS ETF (SEML)
iShares Barclays Emerging Market Local Govt Bond is an exchange traded fund (ETF) that aims to track the performance of the Barclays Emerging Markets Local Currency Core Government Index as closely as possible. The ETF invests in physical index securities. The Barclays Emerging Markets Local Currency Core Government Index offers exposure to emerging markets government debt from fifteen countries in local currency.
Please note that as of Monday, 1 July 2013 changes will be made to the benchmark index of iShares Barclays Emerging Market Local Govt Bond (the “Fund”) (ticker symbol SEML). The Fund’s benchmark index, the Barclays Emerging Markets Local Currency Core Government Index, will expand its country coverage from eight to fifteen markets, with Chile, Colombia, Peru, Philippines, Romania, Russia and Thailand becoming eligible. Additionally, the market value of each country will be capped at 10% to provide additional diversification within the index, whereas previously there was no maximum market value cap in the index rules.
SPDR® Barclays Emerging Markets Local Bond UCITS ETF
The objective of the SPDR Barclays Emerging Markets Local Bond UCITS ETF is to track the performance of the liquid local currency emerging markets debt market. It aims to do this by tracking the Barclays Emerging Markets Local Currency Liquid Government Index as closely as possible
SPDR® Barclays Emerging Markets Local Bond ETF
The SPDR® Barclays Emerging Markets Local Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Barclays EM Local Currency Government Diversified Index, an index that tracks the fixed-rate local currency sovereign debt of emerging market countries.
Hai ragione però sono tre benchmark diversi.
Ad una prima analisi veloce sulle componenti dei tre ETF una cosa che balza all'occhio è che Thailandia nei due SPDR pesa circa 5%, mentre nel Ishare pesa oltre il 10%, Indonesia nei due SPDR è pesata la metà che nell'Ishare: verrebbe da concludere che i due SPDR sono simili e abbastanza diversi dall'Ishare. Mi chiedo anche quanto pesi il metodo di replica.
Vedrò di approfondire nel week-end, grazie per avermi fornito uno spunto interessante.