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Wednesday, August 03, 2011

Dim Sum, Anyone?

News summary by MFWire's editors

Dim sum isn't just for the foodies anymore. Van Eck Global[see profile] last week filed papers with the Securities and Exchange Commission to launch a Dim Sum Bond ETF.

The ETF will invest in bonds issued outside of mainland China by Chinese or non-Chinese issuers, such as corporations, governments and government and supranational agencies.

Van Eck's July 27 filing did not list the expense ratio of the ETF.

IndexUniverse and Morningstar covered Van Eck's filing.

Now, can you please pass the shrimp dumpling?  

Edited by: Hung Tran


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