Dear ETFInvestor subscriber,

Please click here to view our latest issue of ETF Weekly. Last week, Van Eck launched an exchange-traded fund devoted to high-yield debt from emerging-markets countries. Market Vectors Emerging Markets High Yield Bond ETF HYEM is the third junk-bond ETF that Van Eck has rolled out in recent weeks, and it's the first-ever high-yield bond ETF to focus solely on dollar-denominated, corporate debt issued in emerging-markets countries. The fund tracks a BofA Merrill Lynch index that has an average duration of 4.3 years and an average coupon of 8.3%. HYEM charges 0.40%.

Also last week, a new ETF issuer joined the scene. Arrow Investment Advisors debuted its first ETF, which targets giving investors high levels of income from an array of diversified, global sources. Under its ArrowShares brand, the firm launched Arrow Dow Jones Global Yield ETF GYLD, which is a global payout ETF holding a diversified basket of both traditional and alternative sources of income across multiple asset classes from around the world. The new ETF tracks a Dow Jones index whose yield has ranged from 7% to 9% over the past year. GYLD charges 0.75%.

We also have included our weekly feature "Best and Worst Performing ETFs Last Week."

As always, we are open to feedback, suggestions, and discussions.

Sincerely,

Robert Goldsborough