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iShares Adds Four Fixed Income ETFs In London
March 09, 2009 2:42 am
iShares has today launched four new fixed income ETFs on the London Stock Exchange. The new ETFs are:
Commenting on the launch of the funds, Alex Claringbull, senior fixed income portfolio manager at iShares, said: "Following the market events of 2008, fixed income has grabbed the attention of investors like never before. At this time of intense interest and strong inflows, iShares is delighted to be able to offer the market an enlarged suite of bond funds, unique in its breadth and depth, which speaks to a range of investors and their needs." "There are attractive opportunities in the corporate bond market, with spreads at record highs relative to government bonds, and we see that investors are looking for low-cost, transparent and efficient ways to take advantage of this. The launch of a new Euro investment grade corporate ETF complements our existing and highly successful Euro corporate ETF (iShares € Corporate Bond). The new fund will aim to track a much more diversified index which we know our clients are very familiar with. Both funds will form part of our commitment to give investors access to a fund of physically held investment grade corporate bonds in the way only iShares can deliver." "For some investors, risk aversion remains a key driver in their decision making process, and for that reason, we expect the iShares Barclays Euro Treasury Bond 0-1 to be popular. The fund offers exposure to some of the shortest-dated bonds from highly-rated European countries and is the perfect complement to our existing iShares eb.rexx Money Market Fund, which invests in similar maturity fixed rate bonds only issued in Germany." |
Inside ETFs: A Reality Check
The Inside ETFs conference last month was a great opportunity for an ETF analyst like me to escape my ivory tower.Summing Sector SPDRS = SPY?
You’d think owning the nine sector SPDRs in proportion to their weightings in the S&P 500 is a way to recreate SPY. But you’d be wrong.
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