SPDR Bloomberg Barclays Emerging Markets Local Bond UCITS ETF (Dist)
SPDR Bloomberg Barclays Emerging Markets Local Bond UCITS ETF (Dist) (SYBM.DE) Stock Overview
Explore SPDR Bloomberg Barclays Emerging Markets Local Bond UCITS ETF (Dist)’s financial performance, market position, analyst ratings, and future outlook.
Company Profile
The fund seeks to replicate, before expenses, the performance of the liquid local currency emerging markets debt market. It aims to do this by tracking the Barclays Capital Emerging Markets Local Currency Liquid Government Index as closely as possible. The index is a country-constrained index designed to provide a broad measure of the performance of liquid local currency emerging markets debt. It limits country exposure to a maximum of 10% and redistributes the excess market value index-wide on a pro-rata basis. To be included in the index, securities must have an amount outstanding of at least US$1 billion equivalent.
2011