How Emerging Markets Debt Can Help You Fight Domestic Inflation January 29, 2021
In modest allocations, emerging markets assets are functional in retirement portfolios and that’s particularly true on the fixed income side. Enter the
EMLC seeks to replicate the price and yield performance of the J.P. Morgan GBI-EM Global Core Index. The index is comprised of bonds issued by emerging market governments and denominated in the local currency of the issuer. While the asset class is currently struggling, there’s still a case for emerging markets debt denominated in local currencies.
The case for EMLC gets a lift when considering how emerging markets foreign currencies (EMFX) should be boosted by the declining dollar.