This Toronto-based ETF invests in U.S. dollar denominated bonds issued by emerging markets countries or companies. It was launched in April 2011 and has about $25 million in assets under management. The MER is 0.54%.
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iShares J.P. Morgan USD Emerging Markets Bond Index (TSX: XEB)
Most bond funds are struggling to keep their heads above water these days. This is one of the few exceptions.