MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, June 20, 2013 Why Invesco Launched A Short-Term High Yield Bond ETF Invesco[profile] launched a short-term high yield global bond ETF today, bringing competition to a part of the yield-focused investment world that is dominated by one successful fund, IndexUniverse reports. The ETF will have an annual expense ratio of 0.35 percent or 35 bps. It's 5 bps cheaper than [profile]SPDR Barclays Short Term High Yield Bond ETF. The launch comes at a critical time when mutual fund companies are offering bond investors ways to protect themselves from a rise in inflation and its effect on bond prices: "Concentrating holdings on the short end of the yield curve—and on a relatively high-yielding note—looks to be one of the simplest ways of achieving this objective, even if short-term fixed-income holdings won’t entirely escape the effects of a bond market sell-off."See the full story here Printed from: MFWire.com/story.asp?s=44425 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |