FlexShares, the tenth-largest US exchange-traded fund issuer better known for its suite of “smart-beta” and self-indexed funds, recently launched a US-focused fixed-income fund that puts the spotlight on the middle-maturity offerings. Northern Trust’s ETF-unit unveiled the FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR), an intermediate-dated bond-fund that focuses on investment-grade corporate bonds with maturities ranging from two to 10 …
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 …