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ETF Specialist

ETF Investors Shouldn't Cry for Venezuela's Bonds

No need to panic over default news.

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This article was published in the October issue of Morningstar ETFInvestor. Download a complimentary copy of Morningstar ETFInvestor by visiting the website.

Almost every hard-currency emerging-markets debt exchange-traded fund owns Venezuelan bonds, but investors in those ETFs shouldn't be overly concerned regarding the dire situation in that country.

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Phillip Yoo does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.