The Vanguard Emerging Markets Bond Active ETF (VEMB) invests across hard currency, local currency and corporate debt at an expense ratio of 0.35 per cent.

Vanguard has launched the Vanguard Emerging Markets Bond Active ETF (VEMB), an actively managed fixed income exchange-traded fund. The fund is managed by Vanguard Fixed Income Group and is designed to give clients broad exposure to emerging markets bonds alongside active management. The ETF has an expense ratio of 0.35%. The company said this positions it among the lowest-cost active products in the emerging markets bond category. Vanguard stated that the ETF invests across emerging markets ha