BlackRock's iShares [profile] unit is about to launch a competitor to a new WisdomTree [profile] fixed income exchange-traded fund. Benzinga reports that the iShares Emerging Markets Corporate Bond Fund (CEMB) will debut tomorrow on the BATS Exchange [filing], following the launch of the now $60-million-AUM WisdomTree Emerging Markets Corporate Bond Fund (EMCB) on March 8.

ETFdb also reported on the new offering.

CEMB will be tracking the Morningstar Emerging Markets Corporate Bond index. The new iShares ETF and the WisdomTree one both come with expense ratios of 60 basis points. 

Edited by: HFD


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