Guggenheim To Offer Yuan Bond ETF

Guggenheim Fundswill launch a new Chinese yuan-denominated bond fund,Index Universereports. The中国人民币债券ETF古根海姆will focus solely on Chinese debt. The firm has filed with the U.S.Securities and Exchange Commissionfor the same.

The fund will use a sampling strategy on a rules-based index comprising fixed-income securities issued by Chinese or non-Chinese companies, agencies and government.Guggenheim Funds Investment Advisorshas been appointed as investment advisor to the fund.

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