Invesco PowerShares, the IL-based fourth-largest US issuer of exchange-traded funds, recently launched a laddered-strategy bond fund that aims to preserve capital and generate consistent income in an uncertain interest-rate environment. The newly-launched PowerShares Ladderite 0-5 Year Corporate Bond Portfolio (LDRI) invests in corporate bonds with 5 years or less remaining to their maturity and qualifies as a strategic-beta fixed income …
New ETFs On The Block: First Trust Enhanced Short Maturity ETF (FTSM)
With the gradual improvement in US economy and strengthening of the labor market, speculations about an earlier-than-expected rate hike is slowing gathering pace. First Trust Portfolios, the Il-based sixth largest US issuer of exchange-traded funds, recently unveiled the First Trust Enhanced Short Maturity ETF (FTSM) to give investors exposure in the short-end of the duration curve with the aim of …
New ETFs On The Block: iShares Interest Rate Hedged Corporate Bond ETF (LQDH)
The market has been wary of an early rate hike by the US Fed for some time now following the recent spate of robust economic readings. The jobless rate is improving steadily while the monthly nonfarm payroll data has been picking-up gradually, signaling a continuing recovery in the labor market. The Fed is expected to maintain its current pace of …
New ETFs On The Block: The iShares Yield Optimized Bond ETF (BYLD)
iShares, the exchange-traded funds arm of BlackRock Inc, has launched a “fund of funds” in an effort to offer investors decent returns in a low interest rate environment. The iShares Yield Optimized Bond ETF (BYLD) is the latest addition to its portfolio of bond ETFs and aims to solve the risk-reward conundrum. With the Fed announcing in no uncertain terms …
New ETFs On The Block: State Street SPDR Barclays International High Yield Bond (IJNK)
The unwinding of the Federal Reserve’s bond purchase program, and the gradual improvement of the US labor market, will result in a hike in interest rates, possibly by the spring of 2015 as mentioned by Fed chairwoman Janet Yellen after the last FOMC meet. Anticipating the shift, many investors are steering clear of long-duration US Treasuries and corporate bonds, but …
New ETFs On The Block: Proshares Short Term USD Emerging Markets Bond ETF (EMSH)
ProShares, the Bethesda, MD-based sponsor of exchange-traded funds best known for its leveraged and inverse funds, has launched the ProShares Short Term USD Emerging Markets Bond ETF (EMSH). The firm is the nation’s largest provider of alternative ETFs with more than 140 products and has been attempting to expand its footprint in the regular unleveraged ETF segment as of late. …