ETF offers access to Asian income

The SPDR Citi Asia Local Government Bond ETF is run by SSgA’s specialist Asia Fixed Income team located in Singapore and aims to offer investors access to income from bond coupon payments and currency movements from eight markets in a growing region.   The benchmark for this physically-backed ETF, the Citi Asian Government Bond Investable Index, offers investors an investable index for an important series of local Asian government bond markets including Hong Kong, Indonesia, South Korea, Malaysia, Philippines, Singapore, and Thailand, as well as exposure to Chinese Government bonds via th...